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State and City
SECTION.
PAGES

1

lO

193 INCLUSIVE.

INDEX TO STATES.
Page.

Page.

ALABAMA,
ARIZONA,

ARKANSAS,
CALIFORNIA,

COLORADO,
CONNECTICUT,

....

DELAWARE,
DIST.

OF COLUMBIA,

-

FLORIDA,
GEORGIA,
IDAHO,
ILLINOIS,

INDIANA,
INDIAN TERRITORY,
IOWA,
KANSAS,

-

-

KENTUCKY.

175
147
180
150
142
37
79
81
174
172
140
101
97
149
118
131
164

For Detailed Index for

LOUISIANA,
MAINE,

178
11

MARYLAND,
MASSACHUSETTS,
MICHIGAN,
MINNESOTA,

-

-

MISSISSIPPI,

MISSOURI,

JERSEY,
MEXICO,

YORK,

63

-

-

80
18
105
114
177
121
137
129
158
14

MONTANA,
NEBRASKA,
NEVADA, - - NEW HAMPSHIRE,

NEW
NEW
NEW

-

-

•

-

•

146
43
169
125

NORTH CAROLINA,
NORTH DAKOTA,
States, Cities, Counties

Page.

OHIO,

82
148
OREGON,
154
PENNSYLVANIA- - - - 71
ISLAND, - - . . 35
SOUTH CAROLINA, - - - 170
SOUTH DAKOTA, - - - 127
TENNESSEE,
166
TEXAS,
181
UNITED STATES- Debt,&c. 9
UTAH,
145
VERMONT,
17
VIRGINIA,
159
WASHINGTON, - - - - 155
VIRGINIA, - - - 163
WISCONSIN,
110
WYOMING,
139

OKLAHOMA,

RHODE

WEST

and Towns, see pages 185 to 192.

I^We have no extra copies of this Section.

USTo-vexrLlDen?
WILLIAM

B.

25. 1905.

DANA COMPANY, PUBLISHERS,

PINE STREET, corner PEARL. STREET,
Entered according «o Act of Congress In the year 1905, by William b.

NEW

YORK.

Dana Company, in Office of Librarian of Congress, Washington, D. <X

KIDDER, PEABODY &
115 Devonshire

Investment

Street,

CO.

$>

Boston.

Securities.

FOREIGN EXCHANGE

LETTERS OF CREDIT.

FISK & ROBINSON,
BANKERS,
38

CEDAR STREET,

NEW

STATE STREET,

28

YORK.

BOSTON.

MEMBERS NEW YORK STOCK EXCHANGE,

Government, Municipal and Railroad Bonds.
LIST OF

CURRENT OFFERINGS SENT ON APPLICATION.

ESTABROOK &

CO.,

BANKERS,
AND DEALERS

IN

INVESTMENT SECURITIES,
24

BROAD STREET,

NEW

YORK.

IB

STATE STREET,
BOSTON.

ADAMS & COMPANY.
DEALERS

STATE,

IN"

Investment Bonds.
CITY AND TOWN,
STEAM AND ELECTRIC RAILWAYS,
PUBLIC SERVICE CORPORATIONS.

NO.

7

CONGRESS &

STATE STREETS,
BOSTON.

NO-

20

3d

BROAD STREET, NEW YORK.

BLAKE BROTHERS
I

CO.,

DEALERS IN

-

NEW YORK

&~

CITY

TAX-EXEMPT BONDS

AND OTHER INVESTMENT

SECURITIES.

COMMERCIAL PAPER.
MEMBERS OF THE NEW YORK AND BOSTON STOCK EXCHANGES.
60

EXCHANGE PLACE,

NEW

84

YORK.

STATE STREET
BOSTON.

MERRILL,

OLDHAM

& CO

CHOICE MUNICIPAL BONDS
AND OTHER HIGH-GRADE SECURITIES
35

CONGRESS STREET

----.__

BLODGET, MERRITT &

BOSTON

CO.,

BANKERS,

DEALERS IN MUNICIPAL AND RAILWAY BOND&
MEMBERS OF BOSTON STOCK EXCHANGE.

CONGRESS STREET, BOSTON.
NASSAU STREET, NEW YORK.

No. 16
36

N.

&

W. HALSEY

DEALERS IN BONDS OF CITIES, COUNTIES
AND OTHER MUNICIPALITIES, AND OF PUBLIC
SERVICE CORPORATIONS OPERATING UNDER
MUNICIPAL FRANCHISES. ALSO ACT AS FISCAL
AGENTS FOR SAME.

CO.,

BANKERS,
49

GOVERNMENT, STATE AND RAILROAD BONDS
BOUGHT AND SOLD. QUOTATIONS FURNISHED
FOR PURCHASE, SALE OR EXCHANGE OF
ABOVE SECURITIES.

THE ROOKERY,
CHICAGO.

WALL STREET,

NEW YORK.
Cable Address,

"

HALSANDCO."

MERRILL, OLDHAM &

INTEREST ALLOWED ON DEPOSIT ACCOUNTS.

CO.,

LIST

BOSTON CORRESPONDENTS,
35

CONGRESS

OF CURRENT OFFERINGS FURNISHED

ON APPLICATION.

ST.

& W. Seligman &

J.

NEW

Y O K k:

Seligman Freres

Seligfman Brothers,
LONDON.

FOREIGN

Co.,
&-

Cie,

PARIS.

EXCHANGE, LETTERS OF CREDIT.

CAREFULLY SELECTED MUNICIPAL
AND
OTHER HIGH-GRADE INVESTMENT BONDS.

United States Bonds,

MUNICIPAL, RAILROAD,
AND OTHER

Investment Securities.

HARVEY
NEW

YORK,

BOSTON,

62-64 Cedar Street

35 Congress Street.

JAMES

H.

L.

represented by

WILKINSON,

Conn. Mutual Life Building.

represented by

CHAPMAN,
421 Chestnut

LIST

HARTFORD, CONN.,

HENRY

PHILADELPHIA,

OUR

FISK & SONS,
CHICAGO,

ILL., represented by

D. K.
Street.

I

DRAKE,

414 Continental Nat. Bank Bldg.

OF INVESTMENT SECURITIES SENT ON APPLICATION.

Mississippi Valley Trust
N.

W. COR. FOURTH AND PINE STREETS
ST.

CAPITAL,
The Business

of this

FINANCIAL

TRUST
BOND

.

.

.

.

.

.

.....

REAL ESTATE
SAFE DEPOSIT

.

Company

LOUIS

SURPLUS AND

Company

is

Conducted

in

PROFITS, $8,500,000

Five Departments, as follows?

Receives deposits on time, savings and checking accounts and pays interest thereon
Loans money on St. Louis city real estate and li^-ted high-grade securities
Buys and. sells domestic and foreign exchange
Issues its own Letters of Credit available everywhere
Executes all manner of Trusts
Ads, under authority of the law, as Executor, Administrator, Trustee, Guardian, Curator,
Register and Transfer Agent of Bonds and btocks, Receiver and Financial Agent for
non-residents and others, and becomes sole surety on bonds required by law to be given
Buys and sells selected high-grade Investment Securities
List of Bonds for sale mailed on application
Commission Orders, at usual rates, executed with promptness
Manage?, Fuys, Selis Rents and Appraises St. Louis city real estate
P«ys Taxes, Places Insurance, Colhcts Rents
Rents Safe Deposit Boxes in Fire, Burglar and Mob Proof Vault at $5 and upward
per

annum

Stores, at special rates, trunks

CORRESPONDENCE

and boxes containing silverware and other bulky valuables

ALL BUSINESS STRICTLY CONFIDENTIAL.

INVITED.

OFFICERS
HENRY

JULIUS S. WALSH, President
BRE( KINRIDGE JONES, Vlce-Pres. and Counsel

JOHN D. DAVI8, Vice-President
SAMUEL E. HOFFMAN, Vice-President
JAMES

E.

HUGH

R.

C.

IBBOTSON,

Assistant Secretary

FREDERICK VIERLING, Trust Officer
HENRY SEMPLE AMES, Assistant Trust Officer
WILLIAM G. LACKEY, Bond Officer

TOM

BROCK, Secretary
LYLE, Assistant Secretary

WM.

W. BENNETT, Real Estate Officer
McC. MARTIN, Safe Deposit Officer

DIRECTORS
JOHN

JOHN I. BEGGS
WILBUR F. BOYLE
JAMES E. BROCK

H.

I.

D.

DAVIS

CHAS.

AUGUSTE B. EW1NG
DAVID R. FRANCIS
AUGUST GEHNER

MURRAY CAtiLETON
CHARLES CLARK
HORATIO N. DAVIS

GEO. H.

E HOFFMAN
H. HDTTIG
BRECKINRIDGE JONES
S.

DRUMMOND

GODDARD

WM. F. NOLKER
SAUNDERS NORVELL
ROBT.

J.

O'REILLY, M. D.

WM. D. ORTHWEIN
H. CLAY PIERCE
JOSEPH RAMSEY, JR.
ROBERT H. STOCKTON
JULIUS

S.

WALSH

ROLLA WELLS

THE FINANCIAL REVIEW,
ANNUAL.
A

Year Book of Financial Information, 284 Pages
Bound

WILLIAM

in Cloth,

$2 00.

DANA COMPANY, PUBLISHERS,

B.

PINE STREET,

JOHN
6

CORNER PEARL STREET, NEW YORK.

D.

EVERITT & CO.

WALL STREET, NEW

DEALERS

IN

YORK,

INVESTMENT BONDS.

MUNICIPAL ISSUES IN THE STATES OF NEW YOR K AND NEW JERSEY
AND CORPORATION BONDS EXEMPT FROM TAXATION
IN NEW JERSEY A SPECIALTY.

]

4

W. HARRIS

&

C

BANKERS.

STREET COR. WILLIAM

PISVIE

NEW

©HICAGO.

YORK.

BOSTON.

Deal Exclusively in Municipal, Railroad and other Bonds adapted for
trust funds and savings.

TRAVELERS' LETTERS 01 OR ED IT
AVAILABLE IN ALL PARIS 01 THE WORLD.
188 US

QUOTATIONS FUBNISHRD FOB PURCHASE,

BJLLR

OB KXOHAW&K.

DENISON, PRIOR &

CO.,

BANKERS,
CLEVELAND,
1

£1

BOSTON,

EUCLID AVENUE.

24

MILK STREET

MUNICIPAL AND CORPORATION BONDS.
MEMBERS NEW YORK
LI-T

TOCK EXCHANGE.
OF INVESTMENTS SENT UPON APPLICATION.

STATE, CITY, TOWN, RAILROAD, STREET
RAILWAY, GAS. ELECTRIC LIGHT

AND WATER POWER

ifOiV

i

E.
BOS ON,
I

25

NLW YORK

mL F Z/>

1

NASSAU

« win e a tttat^o daitd-q Tverrc>Avnv
ID ^\ TVT T^ Q FOK SAVINGb BANKS, I>,SURANCk
__ _ _

.

OVJIN JJO
7\sr

fi£A* 7

'

ST.
ST.

OO'S &

PRIVATE INVESTORS.

UP V APP1A OA Tl ON.
.

GAY &

H.

CONGRESS

.

CO.

PHILADELPHIA,

MONTREAL,

421

137 ST.

CHESTNUT
JAMES

Si.

ST.

—

TY
SECTIO
OF THE

OMMERCIAL
&
i

mil lm iwii
'

a i j mi»gCTi i

ii

i Ji gJ Ji,i

n i.. nii » n ^w^—^^^^—

F INANCIAL Th ROWICLE.
— ——
M

ihmm^mm

Entered according to Act of Congress in tne year 1905, by William B.

NEW

Vol. 81.

The Railway and Industrial Section, issued quarterly on the last Saturday of January, April, July and October, is also furnished without extra
charge to every subscriber of the Chronicle.
The Street Railway Section, issued three times a year, in February,
June and October, is likewise furnished without extra charge to every
Chronicle subscriber.

The Bank and Quotation Section, issued monthly, is also furnished
without extra charge to every subscriber of the Chronicle.
Terms for the Chronicle, including the four Sections '"above named,
are Ten Dollars per annum within the United States: and Thirteen
Dollars (which includes postage) in Europe.
File covers of the Chronicle are sold at 50 cents eachfpostage on the
same is 18 cents. File covers for Sections can be had at same price.
CHICAGO OFFICE— Plinv Bartiett, 513 Monadnock Block. -V 'V
.

:

•

•

•

•

iii

mm

^Jli

Dana Company, in Office

LONDON OFFICE— Edwards & Smith, 1 Drapers'
WILLIAM B. DANA COMPANY, Publishers

.

Gardens.'E.C.

Pine Street, corner of Pearl Street,

New

Post Office Box, 958.

WHEN WATER BONDS AND OTHER

lllj.l

ipi

hi llliiil

of Librarian of Congress, Washington, D. G.

23, 1906.

No. 2109.

works, sewerage and works for lighting, heating, fuel
and power purposes. In payment for such under-

The State and City Section, issued semi-annually on the last Saturday
of May and November, is furnished without extra charge to every annual
subscriber of the Commercial and Financial Chronicle.

•

m — —!

YORK, NOVEMBER

State and City Section.

•

iiii

York.

takings two forms of indebtedness are provided in the

Act.

The one provides

indebtedness

for a general

under which regular municipal bonds may be issued
to an amount not exceeding 5% of the taxable property
of the city. By the second method a special fund may
be created for the sole purpose of defraying the cost
and expense of construction, together with such inaccrue

terest as shall

therefor.

obligate

Into

and

said

bind

upon the obligations issued
funds

the

city

the
or

may

authorities

town

to

pay a

revenue or proceeds to be
derived from the plan or system of which the said
improvement forms the whole or part. Bonds or
fixed

proportion

of

the

warrants are allowed to be issued against any such

SIMILAR

BONDS ARE NOT A MUNICIPAL OBLIGATION.
A decision has recently been rendered by the Su-

'

fund to the amount of the cost{or charges to be
met therefrom. It is provided that each such bond
or warrant shall state upon its face! that it is payable
from a special fund, and give the name of the fund and
special

;

preme Court of the State of Washington involving
some features and some questions of general interest the ordinance creating it.
concerning the status of water bonds issued by a muActing under the authority conferred by the Act
nicipality but dependent entirely for their security named, the city of Port Townsend undertook the conupon a special fund. The matter came up in connec- struction of a system for supplying the city and its
tion with an issue of bonds made by the city of Port inhabitants with water at an estimated cost of $250,Townsend. Obviously the ruling in this instance is 000. The city was in no position to create any general
of application in other cases only so far as the courts in indebtedness for this purpose, since it was at the
time
other States may follow the doctrine laid down in Wash- indebted to the full limit fixed by the State Constiington and so far as the circumstances are the same. tution.
So necessarily recourse was had to the
Of course where water bonds are a direct obligation of second form of indebtedness provided under the Act
the municipality, as happens in many and may of 1901. Accordingly the ordinance authorizing the
we not say most cases, the question raised in this bonds provided for the creation of a fund called "The
instance does not present itself.
On the other hand, Olympic Gravity Water Works Fund of Port Townthe objections found on the present occasion would send," into which it was proposed to pay
75% of the
appear to hold good against bonds other than water, gross receipts of the waterworks plant when comwhere the faith and credit of the city are not pledged pleted, and such further sum as the city should from
as security for the bonds, and where, as with the time to time by ordinance transfer from the
receipts of
water bonds of Port Townsend, the city authorities, the plant, or from its general revenues. In other
acting in pursuance of law, create a bond which, words, the city authorities undertook to provide for
though put out in the name of the municipality and the construction of a system of water works for the
nominally an obligation of the same, is yet dependent benefit of the city and to pay for the same out of a
entirely for payment of principal and interest upon special fund derived from the revenues
of the system.
the proceeds of some special fund or funds.
The bonds having been authorized and duly apThe naked question raised as regards the Port Town- proved by the electors, the city authorities on March
send water bonds was whether, in the circumstances 20 1905 tendered them to the State of Washington
under which they were created, they could be called a as an investment for its permanent school fund. The

—

—

"municipal" security.

The

judicial tribunal of final

Board

of State

Land Commissioners,

in

whom

the

authority in the State. of Washington answers this
question decidedly in the negative. It appears that
by an Act passed March 16 1901 the corporate au-

directed that the entire issue be purchased' at the par

thorities

value thereof, and that $150,000 of the amount of the

of

in the State of Washington are
certain powers in relation to water-

cities

endowed with

power to invest this fund, accepted
the tender, and by resolution (as required by law)
statute vests the

purchase be taken and paid for immediately and the

—
STATE AND CITY SECTION.
The city thereupon offered
the bonds to the State Auditor and demanded that he
issue to it a warrant on the State Treasurer for the
sum of $150,000. The Auditor refused to issue the
warrant and then the city made an application for a
writ of mandamus to compel him to draw it. The Audi-

balance within six months

tor based

.

his refusal to issue

the warrant on several

grounds, but the only objection the Court deemed it
necessary to consider was that the attempted investment was in violation of Article 16, Section 5, of the
State Constitution.

This, as

amended

in 1894, pro-

vides that "none of the permanent school fund of this
State (Washington) shall ever be loaned to private

persons

or

corporations, but

may

invested

be

in

national, State, county, municipal or school district

bonds." It was the contention of the Auditor that
the water-works bonds of the city of Port Townsend
are not "municipal" bonds.
It will be seen that the specific question presented
for consideration of the Court

was whether the Port

Townsend bonds were "municipal" obligations within
the meaning of the provisions of the State Constitution
But determination of that point obviously
just cited.
involved the broader question as to what constitutes
municipal bonds per se in the general acceptation and
common meaning of the term. Herein is where the
decision of the Washington Supreme Court possesses
It had
interest outside of the confines of that State.
been urged that the supplying of water to the inhabitants of a municipality for domestic and other purposes
is within the general powers of the municipality, is a
public purpose, and obligations created for that purpose are of necessity public and municipal obliga-

[Vol. lxxxi.

veniences when constructed, and even the conveniences
themselves, to raise the funds for their construction.
But though the Legislature may lawfully authorize the
issuance of such pledges, prescribe their form, and
give them such name as it chooses, that fact does
not make them municipal obligations. The very
term "municipal bond" imports a municipal debt
or obligation.
The common mind understands from
the fact that a municipal bond is issued that a municipal debt has been created and that the faith and credit
of the municipality issuing the bond is pledged to its
payment. The opinion proceeds as follows:

"The term,

it seems to us, can admit of no other
Certainly it cannot have been so loosely
used as to include every form of obligation that the
ingenuity of the Legislature might devise and call
municipal bonds. Yet if bonds payable out of a
special fund are such simply because a municipality
is instrumental in creating that fund, this proposition
must stand admitted; for there is no limitation upon
the power of the Legislature to authorize the creation
of special funds by municipalities nor is there any
limitation as to the source from which the money to
create the special fund may be drawn.
Indeed, if
bonds of the character here described are municipal
bonds there can be no form of obligation, either public
or private, in which the Legislature might not, by the
legerdemain of making it a municipal special fund,
lawfully authorize the investment of the permanent
school fund.
Measured by these tests the bonds in
question are clearly not municipal bonds.
Not only does the statute law which authorizes their
issuance and the ordinance which carries that authorization into execution expressly declare that the bonds
are not obligations of the City of Port Townsend, but
it is shown that if, by any form of reasoning, they could
be held so to be, they would be void for want of power
on the part of the city to incur such an obligation."

definition.

.

.

.

tions, no matter whether the provisions made for paying them binds the municipality generally or binds
Should the reasoning applied in Washington commend
only some special fund created by the municipality itself to the courts of other States, it is easy to see that
for that purpose; and that when these obligations take the decision in the Port Townsend case may have
the form of bonds they are of necessity "municipal" wide bearing and far-reaching consequences. As already
bonds. Answering this argument, the Court urges stated, the objections found to exist against the Port
that if it be true at all that bonds issued by a munici- Townsend bonds would obviously hold good against any

pality which are payable out of a special fund created
for that purpose are municipal

bonds,

it is

and limited sense.
The Court, speaking by Justice Fullerton

true only

in a qualified

— in whose

the other members of the Court concurred
said that the framers of the Constitution, in the use of
the words already quoted, must have had in their
minds a fixed and definite meaning. By the terms

views

all

bonds made solely dependent upon a special fund and
for which the credit and faith of the municipality are
not pledged. Yet there is no feature in the modern
financial history of our municipalities which is more
palpable than the tendency to call into being the very
class of obligations which by the interpretation of the
Supreme Court of Washington cannot be deemed to be
"municipal" bonds at all.
Our municipalities are constantly assuming new
functions, and the effort is to find the financial means
for sustaining these new activities.
The creation of
special obligations outside of the debt limit would
furnish a way out of the dilemma.
Moreover, if the
movement for the acquisition of public utilities by our

and school disbonds" they must have meant instruments
generally known to be such instruments which the
common mind then understood to be defined by those
terms. But bonds issued under the direction of a
municipality, payable solely out of a special fund
and for the payment of which its general credit municipalities should continue to make progress, we
not pledged or otherwise bound, cannot be may be sure that the attempt will be to extend very
is
considered municipal bonds within the meaning of that materially the practice of creating these special forms
term.
of obligations. As Justice Fullerton says in the extract
Justice Fullerton well says that bonds of this char- we have quoted above, there is no limitation upon the
acter are of comparatively recent origin.
At the time power of the Legislature to authorize the creation of
of the adoption of the Washington Constitution they special funds by municipalities, nor is there any limiwere practically unknown. No text work on munici- tation as to the source from which the money to create
pal securities then in existence contained a discussion the special fund may be drawn.
of them, and but few if any courts had then been called
But if bonds thus secured, even where issued in the
on to pass upon their constitutionality. They are name of the municipality, cannot be termed "municithe outgrowth of recent municipal exigencies.
Hedged pal" bonds, then the market for the same will necesin as municipal corporations are by constitutional limi- sarily be very much restricted.
Real municipal bonds
tations as to the amount of indebtedness they can may have a wide investment field. These special bonds
lawfully incur, they have been compelled in order to would have a much narrower field, in many instances
procure some needed public conveniences to resort to being barred out altogether. Moreover, the municipalpledges of the income to^be derived from such con- ity, not being bound for them in any way, and the only
''national, State, county, municipal
trict

—

STATE AND CITY SECTION.

Nov., 1905.J

recourse of the holder being to the special fund or lien
provided for them, the bonds would be dependent in
each case upon the solidity and sufficiency of said
fund or lien. If that proved inadequate or became
impaired, the bond would in like manner suffer. The
name of the city on the face of the obligation would
add nothing to its strength or character. Under
such circumstances what stability could be claimed
for such bonds, and what rate of interest would the

many

perhaps may suppose to
be the case, the banks have not discriminated against
municipal obligations since they have been accorded
ties.

Contrary to what

the privilege to place their money in railroad mortgage
bonds. We gave some figures in an article in a previous issue of our "State and City" Section confirmatory of the truth of this statement, and the statistics
presented further below are quite as conclusive on the

same

point.

municipality have to pay for money borrowed on
The subject of the railroad investments has been so
such conditions? Altogether, does not this suggest actively and widely discussed that to those who have
that there are inherent limits to the assumption by not kept count of time it will doubtless be a surprise
municipalities of new functions involving the expendi- to hear that it is only a little over seven years since the
savings institutions of this State have had authority
ture of large sums of money?

mortgage securities. It was in
1898 that the banks were first granted permission to

to purchase railroad

THE INVESTMENTS OF THE NEW YORK
STATE SAVINGS BANKS.

invest in railroad bonds.

The

privilege then given

was a very limited one, it extending only to railroad
interesting
to
have
the
figures
always
showing
It
bonds where the principal part of the road is located
the investments of the savings institutions of this within this State. The very next year, however, the
State, as they comprise totals of such great magnitude. field of railroad investments was further enlarged, and
Furthermore, the enactment of a new law at the last after that other extensive additions to the list were
session of the Legislature altering in some material made, and now, in 1905, as already stated, the scope
particulars the provisions regulating these investments of the Act in that particular has been further enlarged.
gives to the subject additional importance.
The
It may be recalled that originally much opposition
latest data available are for January 1 1905, and these to enlarging the scope of the investment field by adfurnish some useful and instructive contrasts with the mitting to it railroad securities came from municipal
corresponding figures for earlier years, besides afford- authorities who were apprehensive lest the market for
ing an indication of the way and the extent to which municipal bonds be narrowed as a result. The truth
the trustees of these savings institutions have availed is, however, that deposits have been growing so fast
of the privileges granted them in recent years by legis- that our savings institutions have had funds enough to
lative amendments widening the scope and extending add considerably to the volume of their holdings of
is

the character of the permissible line of investments.
municipal issues, while yet buying large amounts of
As the reader knows, the amendment the present railroad mortgage bonds. In the following we comyear is only one of a series of changes that have been pare the various items of their investments on January
made by our Legislature in recent periods. The con- 1 1905 with the corresponding items for January 1 1898.
trolling consideration in all these cases was the need
January 1
Per
January 1
Per
Investments of Savings Banks
1905.
Cent.
1898.
Cent.
of providing an adequate body of investments in which
in New York State—
$
1.25 100,708,450
12.92
States bonds
15,257,180
the savings institutions might find safe employment for United
IMstriet of Columbia
0.26
5.589,800
0.72
3,294,800
813,000
0.06
973,000
0.13
their expanding volume of deposits.
These deposits State bonds— New York

were growing at such a rate that

it

became absolutely
for the moneys of

Other States
bonds— Of this State
Of other States
Countv bonds— Of this State..
City

53,601,084
170,911,421
112,303,399
20,327,496
7,378,866
13,611,280
3,644,098
196,982,385

4.41
55,209,576
14.15 128,855,349
9.24 52,300,426
1.67 23,352,572
0.60
8,831,958
1.11
9,758,064
0.29
3,220,582
16.21

-7.08
16.53
6.70
2.99
1.13
1.25
0.41

necessary to provide new outlets
Town bonds— Of this State...
the institutions.
Hence the important departure Village bonds— Of this State..
district bonds
made in permitting purchases of railroad mortgage School
Railroad bonds
bonds.
The 1905 amendment to the law or, perTotal par value
598,125,009 49.25 388,799,777 49.86
46,581.948
3.83
31,996,960
4.13
haps, reconstruction of the law would better describe Premium paid
Total cost
644,706,957 53.08 420,796,737 53.99
the change actually made had for its object one other
Real estate mortgages
570,200,542 46.92 358,943,901 46.01
purpose, namely the prescribing of regular and disGrand total
1,214,907,499 100.00 779,740,638 100.00
tinctly enumerated standards to which the different
Aggregate deposits
1,198,583,142
766,684,916
classes of securities must conform.
Previously a hap- Aggregate resources..
869,751,244
1,311,993,505
hazard kind of selection had been made by the LegisIt will be seen from the foregoing that in the seven

—

—

lature itself, one security being

added one year and
another security another year, while perhaps others of
equal merit were overlooked because they had no
friends to urge their claims.
This method and arrangement were of course objectionable in every way.
While the new law was under discussion in the Legis-

we commented at length in the columns of the
"Chronicle" on the changes that were to be made in
the provisions relating to the railroad investments,

lature

,

and we

shall therefore confine ourselves on this occasion to the alterations made in the provisions respecting

the municipal investments.

The changes here have

been quite as important as

in the other particular.

Whereas previously the municipal securities (outside
of New York State we mean) deemed suitable were
designated in the law itself, now the name of no city
is given, but certain general requirements are specified,
and the bonds of all cities which fulfill such requirements are brought within the reach of the banks.
Before going into an analysis of these requirements, it

be desirable to see to what extent the banks at
present have their funds invested in municipal securi-

will

years the savings institutions of this State have added
over 42 million dollars to their holdings of city bonds
of this State, the total of the same having risen from

$128,855,349 January 1 1898 to $170,911,421 January 1 1905, and have added over 60 million dollars to
their holdings of city bonds of other States, the total
of which between the same two dates has advanced
from $52,300,428 to $112,303,399. In other words,
the banks now hold $283,214,820 of city bonds of all
kinds, as against only $181,155,775 on January 1 1898.
Evidently, therefore, the municipal field has not been
neglected.
Moreover, the proportion of these city
bond holdings to the total has been fully maintained,
and even slightly increased. The percentage of city
bonds of this State is not so large as at the earlier date,
but the percentage of city bonds of other States is
larger, and the two together now form 23.39% of the
whole against 23.23% in 1898.
Examining the other items in the table, we get an
idea of the urgent situation our savings bank managers
and our law-makers alike have had t^ deal with in
undertaking to provide an adequate body of invest-

STATE AND CITY SECTION

8

[Vol. lxxxi.

In the seven years the son, Trenton, Newark and Camden, in the State of
aggregate of deposits has risen from $766,684,916 to New Jersey; Baltimore, in the State of Maryland; and
$1,198,583,142, and the aggregate of resources from Los Angeles in the State of California.
The law as it now stands reads as follows:
$86') ,751 ,244 to $1,311,993,505.
Here, then, there
In the stocks or bonds of any incorporated city situated in one of the
has been an addition of 442 million dollars to the States of the United States which was admitted to Statehood prior to
first, eighteen hundred and ninety-six, and which, since January
amount of money to put out at interest. But that January
first, eighteen hundred and sixty-one, has not repudiated or defaulted in
payment of any part of the principal or interest of any debt authorized
does not tell the whole story. Certain of the old forms the
by the Legislature of any such State to be contracted, provided said city
of investments have at the same time been disappear- has a population, as shown by the Federal Census next preceding said
investment, of not less than forty-five thousand inhabitants, and was inIt corporated as a city at least twenty-five years prior to the making of
ing or been getting beyond the reach of the banks.

ments

for these institutions.

said investment,

and has never defaulted

for

•

more than ninety days

will be seen that the holdings of State bonds are smaller in the payment of any part, either of principal or interest, of any bond,
note or other evidence of indebtedness, or effected anv compromise of
in amount than seven years ago and very much smaller any kind with the holders. If at any time the indebtedness of any such
city, together with the indebtedness of any district, or other municipal
in ratio.
The reason for this is of course axiomatic. corporation or subdivision,
except a county, which is wholly or in part
Old issues of State bonds are being paid off, while there included within the bounds or limits of said city, less its water debt and

are no considerable additions of new State bonds.
Then it will be seen that the holdings of United States
bonds (including those of the District of Columbia)

have been reduced from $106,298,250 on January 1
1898 to only $18,551 ,980 on January 1 1905. The reason for the contraction here is also perfectly plain.
Owing to the refunding operations of the Government
and the fact that there has been such an urgent demand for United States bonds as security for circulation and for public deposits, this class of bonds has

advanced to prices where it became unprofitable
the banks to buy or to hold them.

for

Allowing for the increase in resources, therefore,
and for the reduction in the holdings of United States
and State securities, the banks were obliged to find
employment altogether for over 530 million dollars
Railroad bonds provided lodgment
additional funds.
for $196,982,385 of the amount, and all the rest of
the sum went into the old forms of investment. For
instance, over 211 million dollars was added to the
real estate mortgages, the aggregate holdings of which
have increased in the seven years from $358,943,901 to
$570,200,542. Here, too, it will be observed, the
ratio to the whole has been slightly increased although
the change has been on the whole remarkably small,
the real estate mortgages forming now 46.92% of the
security investments, as against 46.01% in 1898.
Altogether, therefore, the trustees of our savings
institutions in the extra latitude allowed them have
apparently exercised a wise discretion and appear not
to have discriminated against or in favor of any
particular line or class of investments.
Railroad
bonds have in large measure supplied the void
created by the disappearance of State bonds and the
passing out of reach of United States bonds otherwise there has been relatively little alteration.
We have stated above that the changes in the law
made the present year provide general standards for
the municipal list (the previous rule having been to
,

—

sinking funds, shall exceed seven per centum of the valuation of said
city for purposes of taxation, its bonds and stocks shall thereafter, and
until such indebtedness shall be reduced to seven per centum of the valuation for the purposes of taxation, cease to be an authorized investment
for the moneys of savings banks, but the Superintendent of the Banking
Department may, in his discretion, require any savings bank to sell such
bonds or stocks of said city as may have been purchased prior to said
Increase of debt.

—

Observe now what the requirements here are we
mean aside from the old requirements that the aggregate debt less water debt and sinking funds was not
to exceed 7 per cent of the city's valuation for purposes
of taxation.
In the first place, the State in which the
city is located must have been admitted to Statehood
prior to January 1 1896.
In the second place, the
State must not since January 1 1861 have repudiated

payment of any part of the principal
any debt authorized by the Legislature-

or defaulted in the
or interest of

any such State. This, of course, rules out the
numerous Southern States which in this period of
forty-four years have been obliged to go through the
Then
process of debt reduction or debt compromise.
the city must not have less than 45,000 inhabitants.
Furthermore, it must have been incorporated as a city
at least twenty-five years prior to the making of the
investment. Finally, it must never have defaulted
for more than ninety days "in the payment of any part
either of principal or interest of any bond, note or
other evidence of indebtedness or effected any compromise of any kind with the holders thereof."
It is conceivable that this last provision might have
a very much wider application than would appear at
first glance.
Default in the payment of "any bond,
note or other evidence of indebtedness" might be conIt has been suggested
strued to have a broad meaning.
that the language might include temporary omission
As is known, a
to take care of warrant indebtedness.
warrant if issued and properly stamped has no fixed
date of payment, but can run on for an indefinite
period if not called.
But obviously it cannot run on
forever.
The question, then, is: When is such a

of

warrant

On

in default

that point

we should imagine

opinions will differ onsiderably. In the case of State
designate particular cities by name), and this will warrants the contention has been advanced that a
no doubt help the managers to maintain the warrant issued to meet an appropriation authorized
proportions now existing between municipal securities by a Legislature is in default if that Legislature does
and the other classes of investments. The additions not provide the means to pay it in other words, is in
however, which will be made to the list through the default if the Legislature authorizes an appropriation
fixing of general requirements are not as extensive as and leaves it to the next Legislature to make provision
might be supposed. Prior to the 1905 amendment for its payment. But municipal warrants also cannot
the law allowed the banks to invest their moneys in run on forever, and a somewhat similar rule nri«. It
the stocks or bonds of the following cities: Boston, be applied to them that is, they might be regarded
Worcester, Cambridge, Lowell, Fall River, Springfield in default if provision for their payment had not boon
and Holyoke, in the State of Massachusetts; St. Louis, made during the life of the municipal body authorizing
in the State of Missouri; Cleveland, Cincinnati and them.
It can readily be seen that if this view should
Toledo, in the State of Ohio; Detroit and Grand Rap- hold good some cities would fall under the ban which
ids, in the State of Michigan; Providence, in the State could not in any other sense be claimed ever to have

—

—

Rhode

New Haven and

Hartford, in the
Portland,
in
the State of Maine;
State of Connecticut;
Philadelphia, Pittsburgh, Allegheny, Reading and
Scranton, in the State of Pennsylvania; Minneapolis
and St. Paul, in the State of Minnesota; Des Moines,
in the State of Iowa; Milwaukee, in the State of Wisconsin; Louisville, in the State of Kentucky; Paterof

Island;

payment of any debt.
However, even if some cities should be excluded by
reason of a technicality of this kind, the new law
in any event affords a somewhat larger list of municipal
investments than did the old law, and we have no
defaulted in the

doubt that the banks

will avail to the full extent of
the extra privilege granted in that respect.

.

:

:

UNITED STATES DEBT.

Nov.. 1905.]

United

Debt

States

9

and

History.

Its

To add to its usefulness we give
a statement of the debt of the United States past and present.
references to the laws authorizing each of the issues of bonds outstanding to-day, aad likewise, so far as we deem it needful,
citations from those laws.
All our figures, except when otherwise noted, represent the status at the close of business June 30 or the beginning of
business on July 1 of each fiscal year. To conform to that feature and yet furnish information through which any reader
can always have the data for a correct exhibit of the debt situation at any past or future day, and make an accurate comparison with previous years, we present, First, the details as they stood at the close of the last fiscal year ending June 30,
1905; Second, the changes in those details since June 30, 1905, down to Nov. 1, 1905; Third, the items of interest-bearing
debt, &c, at the beginning of each fiscal year since July 1 1878; Fourth, we publish in the Chronicle every month— usually
the first or second Saturday the full detailed Government statement of the debt as reported by the Treasurer on the last
day of the previous month; sorrn' months lack of space forces us to delay ihe publication to a later week.
With these data at his command, it would seem as if any inquirer could satisfy himself fully with reference to every
point which might become of importance for him to know respecting the United States debt.
The following

is

,

—

INTEREST-BEARING DEBT OUTSTANDING JUNE
Title

of Loan.

Authorizing Act.

Rale.

30,

When

Interest

Amount

Redeemable.

Payable.

Issued.

1905.
Outstanding.
Registered.

Coupon.

535,073,200
43.075.lOO
116,593,650

$7,836,750
34,060,260
40,004,950

92,803,300

25,686,600

$542,909,950
77,13 >,360
156,59 -,600
27,530
118,489.900

Agg'ate of interest-bearing debt, excl. of U.S. bonds issued to Pac.RRs., as stated below $1,6-34,961,710 $787,54 5,250 $107,585,^60

$895,15-3,340

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

,

April 1, 1930 J.O.J &A.
Aft.A'g.1,'08 F.M.A&N

July

1,

542,909,950
198,792,660
740,930,^50
40.012,750
162,315,400

1907. J,A,J&0.

J.A.J&O.
Feb"i',1925'.

F.M.A&N

DEBT ON WHICH INTEREST HAS CEASED JUNE

30,

1905.

Funded loan of 1891, continued at 2 per cent, cilled for redemption May 18, 1900; interest ceased Aug. 18, 1900
Funded loan of 1891, matured September 2, 1891
.Loan of 1904. matured Feb. 2, 1901
Old debt matured at various dates prior to Jan. 1, '61, and other items of debt matured at various dates subsequent to Jan.

$82,200 00
45,7o0 00

„

29s«:U>Ou
1, '61

Aggregate June 30, 1904, of debt on which interest has ceased since maturity.

DEBT BEARING NO INTEREST JUNE

Total.

.

947,495 26
$1,370,245 26

30. 1905.

Authorizing Act.

United States notes
Old demand notes
National

Feb. 25, 1862; July 11, 1862; March
July 17, 1861; Feb. 12, 1862

3,

$346,681,016 00
53,282 50

1863.

Bank notes
32,227,102 00

Redemption account. July 14, 1890
Fractional ourrenoy

July 17,

'62;

Mar.

Aot of June

3, '63;

June

30, '64, $15,245,183 88; less $8,375,934 estim'd as lost or destroyed,

6,867,109 08

21, '79

Aggregate June 30, 1904, of debt bearing no interest

$385,828,509 58

The foregoing shows that the Government debt on June 30, 1905, was made up of (1) interest-bearing debt, $»95, 158,340, of
debt on which interest has ceased, $1,370, '245 26, of (3) debt bearing no interest, $385,828,509 5S, making total gross debt,
$1,262,357,094 64; subtracting from the total the net cash balance in the Treasury ($2^2,490,3^2 87) at the same date
To bring down the
(June 30, 1905), we have the net debt as it stood at the close of the last fiscal year, $989,866,771 97.
interest-bearing debt to Nov. 1, 1905 which, as stated, was $895,158,340 on June 30, 1905 we must ad<i to the Consols
of 1930 $37,519,050 and deduct from the Refunding Certificates $750, from the Loan of 1908 $8,316,300. and from the
Funded Loan of 1907 $29,271,400, to reach the total of the interest-bearing debt Nov. 1, 1905, which was $395,158,910,
or $600 more than on *une 30.
For later and future details of the debt, see the same as issued every month in the Chronicle, the first or a alter
Saturday. 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 two tables on the next page, which exhibit all the particulars of the total debt of the United States on
June 30 of each year from 1873 to 1905, and on Nov. 1, 1905; third, the Pacific Railroad bonds, which are never included
n the Treasury debt statements.
"FUNDED LOAN OF 1891" (Column 1) 4*2 per cents, continued at 2 per cent. The bonds of this issue were issued in exohange for the
4^ per cent funded loan of 1891 by agreement between the Secretary of the Treasury and the holders, and were made redeemable at pleasure
of the Government. Amount issued $25,364,500, but May 18, 1900, all were called for redemption on Aug. 18, 19oO, when interest ceased.
"CONSOLS OF 1930."— (Column 9.) Bonds (2 per cent payable at the pleasure of the Government after 30 years) authorized
in "Act to define and fix the standard of value," etc. (for copy of Aot see Chronicle, viaroh 3, 1900, page 411), for the purpose of refunding
(2) bonds bearing interest at 4 per cent payable July
(1) outstanding United States bonds bearing interest at 5 per cent payable Feb. 1, 1904
For details of arrangement see
1, 1907, and (3) bonds bearing interest at 3 per cent payable August 1, 1908 (the "ten-twenties of 1898").
Secretary Gage's circular with reference to the operations for carrving out the refunding provisions of the bill in Chronicle, March 17, 1900,
(2)

—

—

;

Of these 2 per cents there were outstanding Nov. 1, 1905, according to debt statement, $590,429,000.
The bonds included under this head are an Issue of $198,726,660 3 per cents. They were
7.)
authorized by Act of June 13, 1898, and are known as the " War loan." The law provided that in allotting said bonds the individual subscriptions of the lowest amount must be first allotted. On the day the Act was signed a Treasury circular was issued (see oircular in Chronicle of
June 18, 1898, page 1168,) inviting subscriptions for 32 days, from June 13 to July 14, for the amount of bonds stated, in both coupon and registered form, coupons in denominations of $^20, $100, $500 and $1,000, and registered in denominations of same amounts, and also in $5,000 and
$10,000, dated August 1, 1898, redeemable in coin at the pleasure of the United States after ten years from date of issue, and due and payable
August 1, 1918. See circular for further details. Subscriptions reached the amount of $1,325,000,000. The amount now outstanding
page 509.

"

(Nov.

"

LOAN OF 1908-1918."— (Column

1,

1905)

is

$68,789,060.

FUNDED LOAN OF 907"

(Column 2) 4 per cents. The act of July 14, 1870, authorized the issue of 1,000 million dollars of bonds at 4
1
per cent, payable in coin of the present standard value, at the pleasure of the United States after thirty years; these bonds to be exempt from all
taxes or duties of the United States, as well as from taxation in any form by or under State, municipal or local authority. Bonds to be sold at
not less than par in coin, and prooeeds applied to redemption of outstanding 5-20s,par for par. Outstanding (Nov 1, 1905), $127,424,200.
"REFUNDING CERTIFICATES" (Column 3).— Aot of February 26, 1879, authorized the Secretary of the Treasury to issue in exohange
for lawful money of the United States certificates of deposit of the denomination of ten dollars, bearing interest at the rate of 4 per cent, and
convertible at any time, with accrued interest, into the 4 per cent bonds described in the Refunding aot; the money so received to be applied
only to the payment of the bonds bearing interest at a rate not less than 5 per cent. On March 12, 1879, the issue of these certificates and their
exohange into 4 per cent bonds were authorized; the certificates were to draw 4 per cent interest from April 1, 1879, and were converti >.e :n
sums of $50 or its multiples. The amount Issued at the close of the fiscal year (June 30, 1879), was $39,308,110, but they had been converted
so rapidly that there were outstanding at that date only $12,848,210. On October 31, 1879, the entire authorization had been reached, tlie
maximum amount of the issue being $40,012,750. Of these there were still outstanding on Nov. 1, 1905, a total of $26,780.
" LOAN OF 1925."— (Column 5.) Sales of bonds included under this designation were effected (1) in February, 1895, to the amount of
$62,315,400 and (2) in February, 1896, to the amount of $100,000,000. In a message to Congress under date of February 8, 1 895 (published n
the Chronicle February 9, 1895, page 244), President Cleveland stated in substance that in pursuanoe of Section 3700 of the Revised Statues
the details of an arrangement have this day been conoluded whereby bonds authorized under the act of July 14, 1875, payable in coin at the
pleasure of the United States after the first day of Feb., 1925, with interest at the rate of 4 per cent per annum, to the* amount of $62,315,400.
are to be issued for the purchase of gold coin amounting to a sum slightly In excess of $65,000,000, to be delivered to the Treasury of the United
States, which sum added to the gold now held in our reserve will so restore such reserve as to make it amount to something more than $100,000,000. Such a premium is to be allowed to the Government upon the bonds as to fix the rate of interest upon the amount of gold realized at
3%p. o. per annum. At least one-half of thegoldto be obtained is to be supplied fiom abroad. Seotion 3700 of the Revified Statutes is as follows
"Sec 3700. The Secretary of the Treasury may purchase coin with auy of the bonds or notes of the United States authorized by law at suoh
rates and upon suoh terms as he may deem most advantageous to the public interest."
For a construction of the "Refunding Act of 1870" and of the " Resumption Act of 1875," see Chronicle, February 18, 1893, page 265.
The issue in February, 1896, was an ordinary offering, open to all bidders, of $100,000,000 of the same bonds as the foregoing— same in
date, same in time of maturity, same in rate of interest and time of interest payments. Consequently both issues are oalled the "Loan of 1925,'
of which there are outstanding $118,489,900.
"LOAN OF 1 904."— (Column 4.) The act of January 14, 1875, authorizes the Secretary of the Treasury to use any surplus revenues from
time to time in the Treasury not otherwise appropriated, and to issue, sell, dispose of, at not less than par in coin, either of the descriptions
of bonds of the United States described in the act of July 14, 1870, for the purpose of redeeming on and after January 1, 1879, in coin, at
the otfloe of the Assistant Treasurer of the United States at New York, the outstanding legal-tender notes when presented In sums of not less
an fifty dollars. Under this authorization, and for the purpose mentioned, there were issued in Feb., 1894, payable in 10 years, $50,000,000 of
5 per cents and in Nov., 1894, there were issued $50,000,000 more for similar bonds for same purpose. The bonds matured Feb. 2, 1904, and
the amount outstanding Nov. 1 ($181,750) is included on that date in "debt on which interest has ceased."
i

UNITED STATES DEBT.

10

[Vol. lxxxi.

In April, 1895, we gave a table showing the debt of the United States on the first day of July, 1856, and every subsequent
have determined on this occasion to begin our statement with
year. It is not necessary to repeat all those figures.
1S78, as that year antedates all of the issues now outstanding, and yet carries the record sufficiently far back to show the
nature and extent of the Government securities when the refunding operations of that period began. It has the advantage,
too, of giving separate and distinct each issue of bonds now outstanding. The statement is subjoined.

We

PRINCIPAL OF THE PUBLIC DEBT OF THE UNITED STATES FROM JULY
Year.

1878, July 1

1879
1880
1881
1882
1883..
1884
1885
1886
1887
1888
1889
1890

of 1907," 4

6. Contin'd at 2.

Per Cents.

00
00
00
00
00

98,850,000
728,673,790
737,980,800
738,659,000
738,884,300
737,586,300
737,661 700
737,719 ,850
737,759 ,700
737,800 ,580
714,177 400
676,095 ,350
602,193 ,500

00 40,012,750 00
00 12,848,210 00
1,367,000 00
00
688,800 00
00
465,050 00
00
00
355,900 00
00
290,000 00
00
240,600 00
00
207,800 00
00
175,270 00
00
138,050 00
00
119,640 00
00
103,860 00

559,566,000
559,581,250
559.604,150
559,618,400
559,625,750
559,636,850
559,640,100
559.646,050
559,652,300
355,528,350

00
00
00
00
00

240,000,000
250,000,000
250.000,000
250,000,000
250,000,000
250.000 000
250,000 ,000
250,000 000
250,000 ,000
250,000 ,000
222,207 050
139,639 000
109,015 ,750

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

1898
1899
1900
1901
1902
1903
1904
1905

00J

00
00
00
00
00
00
00

j

00
00
00
00
00
00
00
00
00
00

Certificates,"
4 Per Oents.

00
00
00
00
00
00
00
41 ,520 00
37,830 00
35,470 00
33,320 00
31,980 00
30,600 00
29.080 00
27,530 00
26,780 00

93,920
83,580
68,450
58,990
54.110
47,140
45,130

j

OOj

00
00

!

00i

00

1

257,376,0^-0 OOj

2^3,177,400
17x.385.650
156,593,150
156.595.600

1905, Nov.

00:

00
00|

00

127,4'/4,200 00!

1.

Continued at

" Loan of
" Loan of
1904," 5 Per 1925," 4 Per

Refunding

0/1891," 4is P.

25.364 500
25,364 500

1897

"

Funded Loan

Funded Loan

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

1891
1892
1893
1894
1895
1896

t

"

3^ per oent.

t

Cents.

Cents.

$

$

1878—July

1.

1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
188,9

1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
190\
1905. Nov.

1

Fund," 3
Per Cents.

6s

tu.

and

Converted

7s

Total

into Inter est- Bearing
Debt.

iaudi^P.Cts.

$
14,000,000 00 1,441,885,650
14,000,000 00
792,121,700
14,000.000 00
720,645,300
636,219,950
14,000,000 00
14,000,000 00 1460,461,050
132,082.600 >
14,000,000 00 S
I t304204350 s
14,000,000 00 t224.612,150
14,000,000 00 tl94,190,500
14,000,000 00 1 144,046,600
14,000,000 00
tl9,716,500
14,000,000 00
14,000,000 00
14,000,000 00
7

(

31,157,700
162,315,400
162,315,400
162.315,400
162.315,400
162.315.400
102,31 5,400
134,994,200
118,489,900
118.489,900
118,489.900
118,489.900

*

War Monds),
3 Per Cents.

198.678,720

307,125,350
445.940,750
445,940,750

128.84.^,240
9v),62 1,420

15,e60
83,107,060
77,135,360
77,186.360
97,r>

520,143.1

r.0

542.909,950
542.90-i.H50
580,4* 9,000

68, 89,0?

1.794,735,650
1,797,643,700
1,723,993,100
1,639,567,750
1.463,810,400

0O
OO
00

00
00
1,338,229,150 00
1,226,563 ,850 00
1,196.150 950 00
1,146,014 ,100 00
1,021,692 ,350 00
950,522 ,500 00
829,853 ,990 00
725,313 ,110 00

9
" Contois of
1930,"
2 Per Cent.

of
1908."

PUBLIC DEBT OF THE UNITED STATES,
12.

Di bt on which Interest

"N&vy Periston Old

"Loan
50,000,000
100,000,000
100,000,000
100,000,000
100,000,000
100,000,000
47,651,200
21,854,100
19,410,350
19,385,050

1905.

1,

o.

610,529,120 00
585,029,330 00
585,037,100 00
635,041,890 00
716,202.060 00
847,363,890 00
847,365,130 00
847,367,470 00
1,046,048,750 00
1,023,478,860 00
987,141,040 00
931.070,340 00
914,541,410 00
8H5.157.440 00
895 158,340 00
895,158,940 00

Continued at 3 per cent.

11.

Yeak.

TO NOV.

1878,

1,

6.

3.

2.

1.

has ceased.

$5,594,560 26
37,015,630 26
7,621.455 26
1.723,865 26
16.260.805 26
7,831,415 26
19,656.205 26
4,100,995 26
9,704,445 26
6.115,165 26
2,496,095 26
1,911,485 26
1,815,805 26
1,614.705 26
2,785,875 26
2,094,060 26
1,851,240 26
1,721.590 26
1,636,890 26
1,346,880 26
1,262,680 26
l,2iu,300 26
1,176.320 26
1,41 5,620 26
1.280.860 26
1,205,090 26
I,"' 0,920 26
1,370,245 v6
1,2X1.078 26

14.

Debt bearing no

Outstanding Prrn-

Interest.

cival.

$363,231,082 27
362,150,091 78
353.826,945 37
353,847,504 32
353,787,958 77
353,740,691 81
353,719,517 31
353,603,141 88
397,692,548 52
353,685,110 37
353,660,467 32
353,654,148 97
353,648,559 47
393.662,735 35
380,403.635 37
374.300,605 87
380,004,686 42
378,089,469 99
373,728,570 14
378,081,702 64
384,112,912 64
389,433,653 66
388,761,732 41
38 ',015,5«4 63
395,680,156 63
393,659,412 63
3-9,130,655 88
385,«2H,509 58
388,071,398 08

$2,163,561,292 53
2,196,809.422 04
2,085,441,500 63
2,000,139,119 58
1,833,859. 164 03
1,699,801,257 07
1,599,939.572 57
1,553,955,087 14
1,509,411,093 78
1,381.492,625 63
1,306,670,062 58
i;i85,419.624 23
1,080,777,474 73
1,005,806,560 61
968,218,840 63
961,431,766 13
1,016,897,816 68
1,096,913,120 25
1,222,729.350 40
1,226,793,712 90
1,232,743,062 90
1,436,700,703 92
1,41 3,41 0, 91 2 67
1,371,572,244 89
1,328.031.356 80
1,309,405,912 89
1,280,259,01 H 14
1.282.3N7 094 84
1,284,461,113 34

,;

ETC. (Continued.)

13.

15.

16.

Cash in the Treas- lotal Debt less Cash Annual Interest
ury July 1.
in Tnasury.
Charge.

45
03
75
23
25
1,53"8,78 1,825 15
1,438,542,995 39
1,375,352,443 91
1,282,145,840 44
1,175,168,675 42
1,063,004,894 73
975.939.750 22
890,784,370 53
851.912.751 78
841,526,463 60
838,969,475 75
899,313.380 55
901,672,966 74
955,297,253 70

$164,179,012 08
200,394,517 01
166,114,752 88
180,488,965 86
158,835,689 78
161,019,431 92
161,396,577 18
178,602,643 23
227,265,253 34
206,323,950 21
243,674,167 85
209,479,874 01
189,993,104 20
153,893,808 83
126,692,377 03
122,462,290 38
117,584,436 13
195,240,153 51
267,432,096 70
240,137,626 76
205,657,570 76
281,380,468 73
•305.705.654 78
*326.833,124 92
358,574,115 85
"384,394,275 58
•319.027.242 39
•292,4 90 322 *7
•281,815,288 83

$1,999,382,280
1,996,414,905
1,919,326,747
1,819, 650,154
1,675,023,474

986,656,080
1,027,085,492
1,155,320,235
1,107,711,257
1,044,739,117
969,457,241
925,011,637
9n7.231.773
9^9,806.771
1,002,646.124

14
14
19

89
97
04
31

75
97
51

$94,654,472 50
83,773,778 50
79,633,981 00
75,018,695 50
57,360,110 75
51,436,709 50
47,926,432 50
47,014,133 00
45,510,098 00
41,786,529 50
38,991,935 25
33,752,354 60
29,417.603 15
23,615,735 80
22,893,883 20
22.8<>4,194

00

25,394,385 60
29.140,782 40
34,387,265 60
34,387,315 20
34,387,408 80
40,347,872 80
33,545,130 00
29,789,153 40
27,542,945 50
25,541,573 30
24,176,745 00
24,177,850 20
7 no
23.509.

Note 1.—The annual interest charge is computed upon tUe amount of outstanding principal at the close of the fiscal year, except in the o«ise
Nov 1, for which the total is ot that date, and is exclusive <>f Interest charge on i'acilio Railway bonds.
Note 2.— The figures for July 1, 1879, were made up assuming pending funding operations to have ueen completed.
* Notk 3.— Under the Act of March 14 1900 lie Treasury Department has kept Mi- gold Reserve Fund ot $150,000,000 as a separate item,
and not included it in the available cash balance. In the foregoing statement, however, we have continued to include the item so as nor, to

of

embarrass comparison with previous years.

Pacific Railroad Debt. -One other class of bonded debt must be referred to which has never been included in the
Government debt— we mean the Pacific Railroad subsidy debt. To show the situation of this indebtedness we
make compilations of our own, as the Treasury form comes short of indicating the existing situation. In the
following we bring together the details respecting the issues to the Pacific Railroads, giving likewise in the statement the
debt already paid and the balance due to the Government.

total of
have to

BONDS ISSUED TO PACIFIC RAILROADS— THEIR STATUS NOV.

of Railway.

Bonds
Issued by
Government.

$
25,885,120
0,303,000
27,236,512
1,600.000
Cent'l Branch, Un. Pacific
Western Pacific
1,970,560
1,628,320
Sioux City & Paclfio

Central Pacific

00
00
00
00
00
00

Net Interest
Paid by
Government.

s
36,604,385 29
6,007,458 34
31,211.711 75
2,10i..=>s6 50
3,453,102 86
2,551,698 20

1905.

Repaid by Companies in Full

Railroad Liability.

Name

1,

Through
Sinning Fund.

Total.

$
62,489,505
12,!) 10,458
58,448,223
3,704,5-6
5,423.662
4,180,018

Through
Payment to

50
86
20

9,100,452 55

18,194,618 00

Balance
Total Repaid.

Unsettled,

Government.

$
29
34
75

Settlement.

$

53,389,052 74
7,12 1,898 00
40,253,605 75

62,489,50- 29
*7, 124,898 00
58,448,223 75

5,423,662 86
2.122,841 24

5.423,662 86
t2, 122,841 24

$

3,701,o86

50

64.623,512 00

82.532,942 94
147,156,4 54 94
108.314,060 59
135,609.131 14
3,704,586 50
27,295,070 55
bonds of Kansas Paeine RR — $6,303,000— for Indebtedness, but subsequently received an additional
$821,898 on distribution of assets 01 Union Pacific, as mentioned in "note" below. The remainder ($5,785,560 34) represents the loss to
t Government realized the sum of $2,122,841 24 from sale of claim against Sioux City & Pacific RR.
Government under the settlement.
or $2,057,176 96 less than the oompany's indebtedness.
Totals
*

Government accepted principal

of

Note.— The Government has been reimbursed for $27,236,512 principal and $31,211,711 75 interest, being the total indebtedness of the
Union Paclfio Railroad Company to Nov. 1. 1897, and for the principal of the Kansas Pacific Indebtedness, amounting to $6,303,000
Subse?uently under the final decree for the distribution of the assets of the Union Pacific Railroad, made by Judge Sanborn at St. Paul, October 24,
899, the United States received an additional $821,898 on its claim.
Under settlement agreement of Feb.
18!):), twenty notes of the
Central Pacific Railroad Company (bearing interest at 3 per cent per annum), payable, respectively. 01 or before the expiration of eaca
successive «tx months for ten years, «nd aggregating $58,812,715 48. which amount represented the unpaid balance of the total Indebtedness
of the Central Pacific and Western Pacific Railroad companies to the United States ou February 1, 1899, were delivered to the Treasurer
of the United states Thirteen of the notes have been paid with accrued interest, leaving the dent on Nov. 1, 190V $2", 5*4,450 46 and accrued
interest, less transportation earnings, for which first refunding mortgage 4 per cent gold bonds of the Central Pacific Railroad Ouipany are
held as collateral security. The next note matures Feb. 1, 1906.
1

.

—
11

Debts and
0-?1

Resources
TIEaZE!

xisr

NEW ENGLAND
INDEX FOR THE

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

NEW ENGLAND

Pages

11 to 14

Pages 14

to 17

Pages 17 to 18

S1ATES, CITIES,

Etc.

MASSACHUSETTS -State, Cities &c
RHODE ISLAND—State, Cities, &c.
CONNECTICUT— State, Cities, &c

Pages 18 to 34
Pages 35 to 37

Pages 37 to 43

POPULATION OP STATE.— According

to United States Census.
628,279 1820
_98,335
583,169 1810
.....228,710
501,793 1800
151,719
96,540^
39W.455 1790
DEBT LIMITATIONS.-State.- The debt of the State is limited
by Section 14. Article 9, of the State Constitution. This seotion reads,

1900
1890
1*80
1870

State of Maine
ITS

DEBT, RESOURCES,
Admitted as a State (Act March

Etc.

_____

-

Total area of State (square miles)
State Capital

Governor (term ^expires

1st

Wed. Jan.,

1907),

-

Secretary of State (term expires *Jan., 1907),
Deputy Secretary of State (term expires Jan.,

15, 1820

33,040

Augusta
Win. T. Cobb
Byron Boyd

Arthur I. Brown
Oramannel Smith
Treasurer (term expires *Feb. 1, 1907),
Legislature meets biennially in odd years on the first Wednesday in January, and there is no limit to length of sessions.
1907),

*

Is chosen

I

I

|

|

I

I

|

|

as follows:

March

1820)

3,

694.466 I860
661.086 1850
648.936 1840
626.915 1830

by Legislature.

Section 14 The credit of the State shall not he directly 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 abrogate, with previous debts and liabilities hereafter incurred at auv one time exceed $300,000. except to suppress insurre3tion. to repel invasion, or for purposes of war; hut 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 whi<"h the State shall hold iu trust for any Indian tribe.
Municipal— .The following amendment to the Maine Constitution

took effect January 2, 1878.
"Artiole XXII. Limitation of Municipal Indebtedness. Nooityortowia
" shall create any debt or liability which, singly or in the aggregate,.
•' with previous debts or liabilities, shall exceed Ave per centum of the>
11
last regular valuation of said city or town provided, however, that
•' the adoption of this article shall not be construed as applying
to any
•' fund received in trust by the said city or town, nor to any loan for the
•' purpose of renewing existing loans, or for war, or to temporary loans
'to be paid out of money raised by taxation during the year in which
;

•

HISTORY OF DEBT.— For

history of

Maine State debt up

•'they are made."
to

1889, see State and City Supplement of April, 1895, page 9.
The whole State debt matured In June and October, 1889, and all
that was not paid was refunded into new loans, payable by instalments, part each year. During 1904 and 1905 $453,000 unmatured
bonds were purchased and canceled, leaving the debt on Oct. 2, 1905,
as follows:

LOANS—

Interest.

-

NAME AND PURPOSE.

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

r

3

Do

Class

Do

Class"D."r3

*'

C

r3

Reissue Loan,
Orig'l, 1869. Class "B," r 3

Do

—

,

Class"C."r3

J

Oulsland'g.Principal.

,

Rate. Payable.

& D June

When Due.

1906-1911)
$50,000 5'early. ?
I
;jane 1, 1912-1921?
$50,000 yearly.
June 1, 1922-1929
$35,000 yearly.
< Oct. 1,1906 to 1911
O ( $20,000 yearly.
1, 1912 to 1921
n
u 5) Oct.
$28,000 yearly.
1,1922 to 1929
n
w )Oct.
$3,000 yearly.
(
D
June 1, 1919
July 1, 1917
J
J
July 1, 1917
J

1,

$202,000

340,000
280.000

INTEREST

is

60,000

217,000

payable at the State Treasury, Augusta, Me.

TOTAL DEBT.— The subjoined statement shows Maine's total fund
ed debt on each of the dates named.

On January

1,

1905, the total re-

sources of the State amounted to $1,265,515 93.
Oct. 2, 1905. Jan. 1, 1905. Jan. 1. 1904. Jan.l, 1903.
Bonded debt
$1,330,000 $1,403,000
$1,913,000 $1,983,000

ASSESSED VALUATION.— Valuations are takenonlvin even years
Legislature has Used tax rate for 1905 and 19o6 at $2 50 per $1,000
-Assessed Valuation.
State tax
Tears.
Real.
Personal.
per $1,000
Total.
1904.
$292,464,911
S2-75
$74,049,103
$366,514,014
1902
2-75
283,054,326
69,174,571
352,228,897
2-75
1900
268,434.909
68,264,740
336,699,649
1898
260,841.021
2 75
68,675,223
329,516,244
18:>6
257,389,047
2 25
71,111.947
328.500,994
1894..
249.629,509
2-50
74,848,812
324,478,321
1892
236.135,199
2-75
78,194,982
314,330,181
Tears— Total Val Wn. Tax rate.
Years— Total Valu'n. Tax rate.
1890
$309,096 041
$2-00
$225 1850
$100,157,573
2-90
1880
235,978,716
500 1840.
69,246,288
6-00 1830
1870
224,812,900
2S,807,687
190
1-25 1820
1860
164,714 168
20,962,778
.

Columbia.
b : 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, Missouri, Kansas and Nebraska.
Second, a : Iu the bonds of the counties, cities and towns of any of
the

New Englanri

States.

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 and Nebraska, having
a population of seventy-live thousand or more, when issued for municipal purposes, and which are a direct obligation on all the taxable
property therein.
In the bonds of counties of twenty thousand inhabitants or more
c
in the Spates of New York, Pennsylvania, Maryland, Ohio, Indiana,
Kentucky, Michigan, Wisconsin, Miunesota, Iowa, Illinois, Missouri,
Kansas aud Nebraska, when issued for municipal purposes, and which
are a direct obligation on all the taxable property therein except
when issued in aid of railroads, provid ed that the net municipal indebted less of such county does not exceed five per cent of „ie last
preceding valuation of the property therein for the assessment of
t>:

Do
Class"D."r3 A &
12,000
Bonds to State College., r 5 J &
118,300
Do
do
do
.. r4
100.000
J &
Bo nd to Insane Ho spital r 4 J &
50.000
Loan of 1869, not presented for payment
700
PAR VALUE.—The bonds are chiefly for $1,000 or multiples.
.

SAVINGS BANKS' INVESTMENTS-POWERS AND RESTRIC-

TIONS.—The provisions regulating the investments and loans of savings banks and institutions for savings in the State of Maine are contained in Sections 23 to 26, inclusive, of Chapter 48 of the Revised
The Legislature of 1905 made several slight
Statutes of 1903.
changes which we have incorporated below.
Section 23. 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

.•

taxes.
d : In the bonds of any city of tan thousand inhabitants or more in
the States of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentacky, Michigan. Wisconsin, Minnesota, Iowa, Illinois, Missouri, Kansas and Nebraska, when issued for munioipal 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 city does not exceed five per cent of the last preceding
valuation of the property therein for the a-sessment of taxes.
e: In the refunding bonds of counties and cities above enumerated
issued to take up at maturity bonds which were legal and constitutional when issued, provided that the interest has been fully paid on
such original bonds for at least ttve years last prior to such refunding;
provided, further, that such counties and cities can otherwise meet
the foregoing conditions
f: In the bonds aud obligations of school dist ict boards, boards of
education and other corporate bodies within such cities, authorized to
issue bonds payable ."riiuarily from taxes levied on all the taxaile
property in said district; provided that the popular in of the district
is ten thousand or more, and the population and assessed valuation of
the district are » qual to at least ninety per cent of the population an (I
the assessed valuation of th^city w thiu which such district is located;
provided, further, that the net municipal indebtedness of such district

U

MAINE-CITIES AND TOWNS.

12

does not exceed Ave per cent of the last preceding valuation of theproperty therein for the assessment of taxes.
g : In the bonds or obligations of any municipal or quasi municipal co poration of tins State, when such securities are a direct obligation on' all the taxable property of said corporation.
Third, a: In the railroad, bonds of this State.
6; In tbe fir>t mortgage bonds of any completed railroads of the
States of New Hampshire, Vermont, Massachusetts, Khode Island,
Connecticut, New York, New Jersey, Pennsylvania, Maryland, Ohio,
Indiana, Kentucky, Michigan, "Wisconsin, Minnesota, iowa, Illinois,
Missouri, Kansas and Nebraska.
_
„
c . In the first mortgage bonds of the Central Pacific, Union Pacific
and Northern Pacific railroads.
* ,* *
d: In the mortgage bonds of any railroad leased to any dividend
tbe payguaranteeing
terms
paying railroad in New England upon
ment of a regular stated dividend upon the stock of such leased road
and the interest on its bonds.
e : Street railroad companies are not railroad companies within the
meaningof the foregoing Causes of this stction.
prior to
f : In the bonds of street railroads constructed in this State
April twenty-seven, eighteen hundred and ninety-five, and in the
bonds of street railroads in this State constructed after said date, and
in the first mortgage bonds of any completed street railroad in the
States of New Hampshire, Vermont, Massachusetts, Rhode Island,
Connecticut, New York, New Jersey, Penmylvania, Maryland, Ohio,
Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois,
Missouri, Kansas and Nebraska; provided that in the case of street
railroads constructed in this State after April twenty-seven, eighteen
hundred and ninety-five, and in the case of street railroads in the States
above named, an amount of capital stock equal to thirty- three and onethird per cent of tbemortgaged debt shall have been paid in in cash,
and expended upon the road evidenced by a certificate of the railroad
commissioners of the State where the road is located, filed in the office
of the Seoretary of State of this State, that said percentage has been
so paid in and expendad in addition to the amount of the bonded debt,
provided, further, that in such of the above States as have no railroad
commispionerf having supervision of street railroads the bank ex.
aminer of this State may ascertain the facts and if They meet the fore
folng requirement may file certificate thereof with the Secretary oftate, and all the expenses and compensation of the bank examiner
for such service shall be paid by the railroad company seeking to uake
its bonds a legal investment under ihis section, whether the same are
admitted or not.
Fourth; In the mortgage bonds ol any water company in the New
England 8tates actually engaged in supplying any city or cities,
town or towns, village or villages or other municipal corporations,
with water for domestic use and for the extinguishment of fires, whenever snch company is earning more than its fixed charges and interest
on its debts and its running expenses.
Fifth : In bonds of any corporation other than railroads and water
companies, incorporated under the authority of this State and actuually conducting in this State the business for whioh such corporation was created, which are earning and are paying a regular dividend
of not less than five per cent a year.
Sixth, a : In the stock of any bank or banking association incorporated under the authority of the State.
b: In the stock of any bank or banking association incorporated
under the authority of the United States, if located within the New
.

England

Cities,

XN

—

AROOSTOOK
CO.— F. A. GELLERSON,Treas.
owned
County

$728,000 of the preseat is Houlton. This county
feried stook of the Bangor & Aroof-t< ok ER. Co., but sold the same
late in 1901 to the railroad company upon their agreeing to pay The
interest on the $728, 0(0 railroad-aid bonds in tablebelow, and also to
pay the principal at maturity. This agreement has been guaranteed
by a deposit of $728,(00 4% consol. refund, bonds of the railro: d
company with the Old Colony Trust Co. of Boston. V. 74, p. 110.
When Due. Floating debt Jan. 1, 1905 $25,190
Total debt Jan. 1,1905... 802,190
Refunding Bonds—
740,795
4s, Aug., $9,000 c. Aug. 1, 1919 Sinking fund
Net debt Jan. 1,1905
61,395
Court House—
Interest is payable in Boston.
4s, J&D, $40,000 c. June 1, 1915
Tax valuation 1904... 23,^98,602
Railroad Aid (B. & A. RR.).
Assessment about >« actual value.
41^9, M*S, $500,000 c Sept.l, 1912
49,589
4^8, J&J, 228,000 c.Julyl, 1915 Population in 1890 was
Bonded debt Jan.l, 1905.$777,000 Population in 1900 was
60,744

.

LOANS—

.

.

AUBURN-

safe

and fcr the

interest of the

MILLER. Mayor.
SPRAGUE, Treasurer.

3^8, '05, J&J, $58,700.. July 1, '25
Bond, debt Oct. 1, '05... $307,200
Floating debt
92,400
Total debt Oct. 1, 1905.
399,600
City water debt (inclu'd).
88,700
Water sinking fund
20,000
Water
Commissioners'
debt (not included)
186,000
Assessed valu'tion 1905.6,792,045
Assesamentabt. 80% actual value.
20-00
Refunding Bonds—
Tax rate (per M.) 1905...
Jan. 1,1922 Population 1 890 (Census)
1 1 ,250
3*flS, J&J, $15,000
3i2S,.I&J, 25,000 c. July ) 1923 Population 1900 was
12,951
3128, '04J&J, 23,500 C.Julyl, 1924
3ioS, '05, 15,000
July 1, 1925

J&J, 10,000 c....July
J&J, 14,000 c... July
J&J, 13,000 c.... July
J&J, 13,000 c... July
J&J,
4,000 c... J an.
J&J,
7,000 c... July
J&J, 15,000 c. July
3 i*8,J&J, 15,000 c... July
4s, J&J, 16,000 c... June
4s. J&J, 14,500 c. Jan.
4s,
4s,
4s,
4s,
4s,
4s,
4s,

1907
1,1909
1,1910
1, 1911
1,1912
1,1912
1, 1917
1,1920
1, 1923
1,1925

1,

. .

,

AUGUSTA—
E.
Kennbeo
J.

Townsend, Ttwurpr.

County. Incorporated 1849.
When Due. Assessed valuat'n, real. $5,417, 826
LOANSFUNDING Bonds—
Assessed val't'n, pers'l.. 1,770,752
3*28, M&S, $±0,000... Sept. 1, 1924 Total valuation 1905
7,188,578
Refunding Bonds—
$21-50
Tax rate (per M.) 1905
4s, F&A, $238,000
1905-1919 Population in 1905 (est.) .. 12,000
Bond, debt Aug. 31, '05.. $269,300 Population in 1900 was.. 11,683
INTEREST and principal of the 4 per cents payable at the Nat.
Bank of Redemption of Boston, and of other bonds at City Treasury,
This city

in

is

'

Augusta Water Dist — G n E. Maouanfr, Ttf*s.
When Due. Bonaed debt July, 1905. $638,000
LOANS—
I

4s, 'Oi, F&A,g.

INTEREST

$688,000. Aug.l,*34 Authorized issue
Is payable at Nat. Exchange Bank, Boeton.

This city

5

MICHAEL J. BRENNAN, Treasurer.
HUBBARD, Auditor.

> W. P.
in Penobscot County.

is

LOANS-

City

When Due.

Debt—

4s.

!Vr<VN,

4s,

M&N.

$50,000. Nov.
IOO.oOO Nov.

2.
1,

Water Debt—

$13?, 000

Floating debt
Trust funds

207,764
1912 Total liability Mar.l. '05.1,052 764
1914 Cash & uucol. claims
130,75

Assessed val.,real
11,473,035
Assessed val., per'l
4,908,616
Total valuation 1904.. .16,381,651
Refunding Water Bonds—
July 1, '35 Assessment abt. % actual value.
4s, '05, J A J. $500,000
ax rate (per M) 1904
$20-00
kridok Notes'—
Population in 1900 wa?
4'.,h. J&D. $50,000. Deo. 16, 1905
21,850
19.103
Bonded debt Mar.l. 1905$710.000 Population in lH90was
PAR VALUE OF BONDS.— Water bonds, $5,000; others, $1,000.
TAX EXEMPT.—The bonds of this oity are not taxed.
INTEREST is payable either at the Merchants' National Bank in
Boston or by the City Treasurer in Bangor.

$50,000 July. '06'10

3Vs, J&J,

.

')

bank

„

o

>E. S. CROSBY, Mayor.
a t-tj
£5J\. 1 rl.
\o. O. ROGERS. Treasurer.
Bath is a shire town of Sagadahoc County.
When Due.
Municipal Bonds—
LOANS
Refunding Bonds—
4^8, J&.T, $91,000.. July 1,1907
JIB.
JA.
$55,OOO.Jan.'06-ll
Bonded
debt Feb. 1, 1905. $290,000
3he, g.,
Assessed valuation real. 3,909,424
($10,000 due yearly).
4s,
J&J, 130,000.Jnnel,'21 Assessed valuat'n, pers'1.2,441, 354
(Subject to call after June 1, '11.) Total valuation 1904 .. 6,350,778
Assessment about 23 aotual value.
Oed Laoiks' Home—
..Jan. 1, 1928 Tax rate (per $1,000) 1904 $24-00
6s, J&J, $14,000
Population in 1900 was.... 10,477
(Subject to call Jan. 1, 1908).
Population In 1890 was.... 8,723
INTEREST on all the bonds is payable in Boston with the exception
of the interest on the Old Ladles' Home issue, which is payable in Bath.

—

Pattee.
BELFAST.—Jas
County.
This city

in

is

Treasurer.

Waldo

LOANS-

Refunding Bonds—

When Due. Tax valuation 1905

$2,660,650

Assessment about aotual value.
$18*50
1925 Total tax (per M.) 1905
1905 Population 1890
5,294
Subject to call after Nov.
4,615
4s, F&A, $477,000.c.Aug. 15, 1918 Population in 1900 was
Total debt Oct. 1905
$590,000
Belfast owns $500,000 of Belfast & Moosehead Railroad stook, of
which 1.396 shares are preferred and 3,604 common.
INTEREST on the bonds is payable at Belfast and at the First
National Bank, Boston, Mass.
4s,

M&N,

$113,000.0 Nov.

1,
1,

,

E. Staples,
BIDDEFORD.— Lytton
Incorporated
This city

is

in

LOANS—

YorK County.
WhenDue.

4s
4s

Refunding Bonds- (Con.)—
...
$10,000... Oct. 1, 1906
3i«s,'05,M&N, 50,000 c.May 1,1925
Bond, debt Oct. 1, 1905. $251,000
Floating debt
2,500
Total valuation 1904
6,905,690

3s,

,$10,000.. Sept.l, 1906
10,000. July 1. 1907

Refunding Bonds—
4s

,

,

;

'

,

M&JNii,$5O,O0Oc.Mayl4, 1914
25,000. .May 1, 1915 Assessment abt. 60% actual value.
4s,
45,000. .July 1 1917 Tax rate (per $1,000) 1905.. $2400
4s
25,000.. May 1, 1920 Population in 1890 was
14,443
313B
25,000. .July 1, 1921 Population in 1900 was
16,145
,
4n,

The trustees

Treas.

1855.

Sewkr Bonds—

the same.
shall see to the proper investment of deposits
and fuuo s of the corporation in the manner hereinbefore prescribed.
No loan shall be made directly or indirectly to any officer of the corporation or to any firm of which such officer is a member.

700,000

|

R A T\j<~iOR
OAi^iawn.

g: In loans to any corprratton owning real estate in this State and
actually conducting iu this Slate the business for which such corporation was created.
Eighth, a: The term "net municipal indebtedness of counties," as
used iu this section, shall bo construed to include all bonds which area
direct obligation of the county less the amount of any sinking fund
available in the reduction of such debt.
b : The term "net municipal indebtedness of cities and districts," as
used in this section, shall be construed to include in the case of
either not only all bonds which are a direct obligation of the cities, but
also all bonds of the districts or boards within the same, as above
enumerated, exclusive of any such debt created for a water supply
and of the amount of any sinking fund available in reduction of
such debt.
c: The number of inhabitants of cities and counties shall be determined by the last previous official census thereof, as established
by the last United States or State census or city or county census taken
in the same manner as United States or State census and duly certified
to by the clerk or treasurer of such city or the auditor or treasurer of
such county.
Ninth : All investments shall be charged and entered on the books
of the bank at their cost to the bank or at par when a premium
is paid.
Sec. 24. Any such bank or institution may hold real estate in the
oltv or town in which such bank or institution is located, to an amount
not exceeding five per cent* ' its deposits, or to an amount not exceeding its reserve fund.
Sec. 25. No such bank Ox 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 ten per cent of
its deposits, not exceeding sixty thousand dollars, in the capital stock
of any corporation, nor have more than fifty per cent of its deposits in
mortgages of real estate. This section and the two preceding do not
apply to real estate, or other at-sets, acquired by the foreclosure of a
mortage thereon, or upon judgment for debts, or iu settlements to
secure debts.
Sec. 20. Savings banks and institutions for savings may deposit on
call in banks or banking associations incorporated under the authority
of this State, or the laws of the United States, and receive interest for
Sec. 27.

A. Q.
.A. C.

Auburn is in Androscoggin County. Incorporated Feb. 22, 1869
owns railroad stock paying 6 per cent; par value $75,000.
Citt Water BondsWhen Due.
LOANS
City Bonds—
4s, J&J, $30,000 c. May 20, 1913
Refunding Water toNDS —
4s, J&J, $18,000 a... July 1, 1906

.•

it is

.

City

States.

the judgment of the tiustees

THE

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

••

to accept.

Counties and Towns

STATE OF MAINE.

In the stock of any railroad company of this State unencumbered
by mortgage.
d ; In the stock of any dividend-paying railroad in New England.
e : In the stock of any railroad leased to any dividend-paying railroad in New England upon terms guaranteeing the payment of a regular stated dividend upon tne siock of such leased road and the interest
on its bonds.
/.•
In the stock of any corporation other than railroad and wa'er
companies, incorporated under authority of this State, and actually
conducting in this State the business for which such corporation was
created, which earns and is paying a regular dividend of not less than
five per oent a year.
Seventh, a: In loans secured by first mortgages of real estate in
this State and New Hampshire to an amount not exceeding sixty per
cent of the value of such real estate.
b : In notes with a pledge as collateral of any public funds or bonds
of any kind or of any stocks whi'h the bunk or institution would by
this section be authorized to purchase.
c : In notes with a pledge as collateral of any savings bank deposit
book Issued by any savings bank iD this State.
d : In notes with a pledge as collateral of the stock of any railroad
or railroads mentioned in this tection 10 an amount not exceeding
seventy-five per cent of the market value of such stock.
In loans to any municipal cori oration in this State.
e
/.In loans secured by a mortgage of such personal property as in
c

[Vol. lxxxi.

I

|

—

—

MAINE-CITIES AND TOWNS.

NOV., 1905.]

CALAIS.— C.
Tills city la In

—

).

,

R.

Whidden,

Auditor.

Washington County.

Incorporated 1851.
Bond, debt Oct., 1905 ....$117,000
2,657, S 33
Tax valuation 1905
Assessment about aotual value.

When Due.

loans-

city LOANS—

Building Bonds—
4b, J&D, $13,OOOc. ..Deo. 1,1926 Tax rate (per $1,000) 1905..$23 50
Population In 1890 was.. ...7,290
Refunding Bonds—
7,655
4s, J&D, $85,000 0....D60. 1, 1926 Population in 1900 was
7,500
48, J&J, $10,000 o.....Tuly 1, 1915 Population in 1905 (est.
9,000c... Feb. 1,1916
4s, F&A,

INTEREST Is payable at the National Shawmnt Bank of Boston,
except on refunding 4e due 1915, which is payable in Calais at the
Calais National Bank.

13

City of Deering Bonds- Annexed Feb. 6, 1899.
When Due.
High School Bonds4s, F&A, $16,000 .c... Feb. 1. 1918
Town of Deering Bonds—
4s, J&D, $6,750.c... June 1, 1907 4s, M&N, 20,000.0... May 1, 1918
4b, F&A, 17,000 c ...Feb. 1,1909 4s, J&D, 19,000.c. .June 1, 1919
Forest Ave. Bonds—
4s, F&A, 5,000.0.... Aug. 1,1910
Sept. 1,1910 4s, J&D, $15,000.0. ...Deo. 1, 1915
4s, M&S, 5,000 c
..Oct. 1, 1910 4a, F&A, 17,000.0. ..Feb. 1, 1919
4s, A&O, l,500.c.
6,000.0. ..June 1,1918
4s, M&N, 2,500.0.. .Nov. 1, 1911 4s. J&D,
Refunding Bonds—
1,500.0.. .Deo. 1,1911
4s, J&D,
4r,
J&D,
$38,000.0. ..June 1, 1912
Sewer Bonds—
4s, J&D, $20,000.0. .June 1, 1917 4s. A&O, 11,500.0.. April 1,1917
INTEREST on all the Issues except the registered bonds is payable In Boston at the First National Bank and at the Portland Trust

LOANS—

i

I

'

.

.

Co. in Portland.

In February, 1899, this city
* was annexed to the
city of Portland.

t^tt'tt'td TTVjr^.

un.xi.rxj.xxvj-

EDEN.

Charles
is

F.

Paine,

TV a surer.

in

Total debt Feb. 1, '05'.'.
93,84
Sinking fund
39,201
1,*06-'18
valuat'n
1904.
Assessed
5,736,089
32,500 r.. July
48, JA.-J,
M)
1919
Tax
rate
(per
1904.
$23-00
July
5,000 r..
1,
Population 1900..
school Bonds —
4,379
1,946
4s, F&A, 12,500 r.. Aug. 15,'06 '10 Population 1890..
INTEREST on school bonds payable in Augusta, on others in Bangor
4s,

Jt;J,«30.000 r.July

1,

1906-17

Funding Bunds—
,

!

•

Alex.
ELLSWORTH.—
Hancock
This city

LOANS—
War Debt—
4s, ....

C.

Hagerthy, Mayor.

County.
When Due.

in

is

$28,000 o

13,300 c
17,000 c.
4s
Outst'ding notes &
4s

Total debt Feb. 13, 1905... $84,450
Total valuation 1904
1.953,758
June 1, 1917 Tax rate (per $1,000) 1904. $20 00
June 1,1907 Population in 1890 was
4,804
June 1,1912 Population in 1900 was
4,297
orders.$26,150

P. A. Danfokth.
When due.
LOAN *—

0"-f-'ra>au

Bonded debt Apr.1,1905. $249,500
2,774
J&J, $249,500c. Jan. 1, 1934 Sinking fund.
INTEREST is payable at Maine Trust & Banking Co., Gardiner.
|

MATT r\XKTT?\
T
WrL.L-.Lu.
rt^LuL^^J

c
GOODWIN, Mayor.
—
HOWE,
iCHAS.
Kennebeo
s

-

*

-

E.
Treasurer
County.
When Due. Bond, debt Apr., 1905... $68,000
LOANS—
Tax valuation 1904
School Bonds—
1,416,404
Nov. 1, 1906 Assessment same as actual value.
4s, M&N, $2,000
($1,000 due yearly) to Nov. 1, 1907 Total tax (per M.) 1904 ....$2000
Population 1890 was
Refunding 1893—
....3,181
2,714
4s, M&N, $15,000.Nov., 1908 to '22 Population 1900 was
in

Water Bonds—

4s,

J&J,

The

g.,

city

$50,000... Jan.

Putnam, Ch. Selectman.

KENNEBEC WATER DISTRICT.—
C.

Thayer

PrtsidtLH.

address Waterville.

Wh-nDue. 3^3, g, } $150,00*0 0... May 1, '20
$50,000 o.Mayl.'lO M&N, ( 650,000c. .. May 1. '25
M&N, 1 100,000 c.Mayl,'15 Bonded debt Nov., 1905 .$950,000
INTEREST payable at National Shawmut Bank, Boston.

LOANS—

3'as. 1905, g,

I

5

'

LEW ISTON.— Harry Stetson, Treasurer.
This city

is

in Androscoggin County.

When Due. Ref und'g 4s, A&O, $100,000. 1927
LOANS—
Refunding Bonds—
Bond, debt Mar. 1, 1905 $990,500
314,976
4s,
J&J, $80,000. ...July 1,1924 Floating debt.....
Jan. 1, 1930 Total debt Mar. 1, 1905 1,305,476
4s,
J&J, 51,000
240,280
3128, J&J, 185,000 g.. July 1, 1931 Sinking fund
4s,
J&J, 100,000
July, 1913 Tax valuation 1904.... 13,521,600
4s,
J&J, 100,000
July, 1923 Assessm't abt. 80 p.o. actual value
.

Water Bonds—
A&O,
A&O,

Tax

rate (per $1,000)

1904.$2000

21,701
Population in 1890 was
23,761
Population in 1900 was
INTEREST is payable in Boston at the National Bank of Commerce.
CITY PROPERTY— The property of this city is valued at $1,708,47 1 including among other things stock of the Lewiston & Auburn
Branch Railroad valued at $225,000, and water works, the value of
which is placed at $778,087. Bonds are not taxed.
58,
5s,

$174,000.... Oct. 1, 1907
200,000.... Oct. 1,1917

,

a vrr\ —
PDRTT
rx x L-'-^lN
x^
v--'

i->.

JAMES
\ JAMES

P.
L.
Co.

5

BAXTER, Mayor.
DYER, Treas. and

Collector.
Portland (City) is in Cumberland
Incorporated Feb. 28, 1832
Of the debt of this city nearly all was incurred on aooount of the
Portland & Ogdensburg KR., whose stock the city holds to the par value
of $2,356,110. The railroad is leased for 999 years to the Maine Central
BR. Company at 2 per cent on stock, payable quarterly. This rental
aids the city considerably in meeting its interest oharge.
Interest.
Principal.
P. Ot. Payable.
NAME AND PURPOSE.
When Due. Outstand'g.

LOANS—

$1,357,877

$1,287,533

Note $349 45 and cash $65,653 96.

half par value.

valuation (about 80ASSESSED VALUATION.—The city's assessedbeen
as follows, the

per cent of cash value) and the tax rate have
annexation of Deering in 1899 increasing values since that date.
Rate of Tax
Total
Personal
Real
Valuation, per $1,000.
Property.
Estate.
$21-20
$52,026,005
$15,425,655
$36,600,350
20-80
49,872,210
15,068,285
34,803,925
20 00
49,295,415
15,017,715
34,277,700
20OO
47,932,375
14,417,950
33,514,425
21-00
45,128,305
13,626,305
31,502,000
2000
37,207,025
12,232,125
24,974,900
19-70
12,427,590
35,611,990
23,184,400
2000
32,702,405
11,952,405
22,120,000
POPULATION.—In 1900 was 50,145; in 1890 it was 36,425.

Years.

1905
1904
1903
1902
1900
1895
1890
1888

This city, which is in
of the city are not taxed.

LOANS—

Refunding Bonds—

1

S.

Robinson, City Treas.

County, was incorporated in 1854. Bonds

Refunding Bonds— (Cont.) —

When Due.

J&J, $23,200o Julyl, 1919
Past due.
1,000 c.
J&J,
3s,'05, J" J, 24,400 ..July 1,1920
Interest is payable in Rockland.
Bond.debt Feb.13,1905. $287,350

3s,

J&J,$29,250o...July 1,1911
Optional at any time.
S^s.J&J, 24,100o... July 1,1906
3^8, J&J, 13,000 o...July 1,3907
3^9, J&J, 28,000 o. .July 1, 1908
8^8, J&J, 21,500 c.July 1,1909
3^6, J&J, 25,000 c.July 1,1910
3^8, J&J, 13,000 c.July 1,1912
3*28, J&J, 16,800 o... July 1,1915
3^28, J&J, 18,000 c.July 1,1916
.Feb. 1, 1917
3>*9, F&A, 32,500
3s,
J&J, 27,600 c.July 1,1918
4s,

.

c

SACO.— Samuel L.

This
is In
City owns 1,995 shares stockvalue $49,875— of the Houlton Water Co. Interest payable at Boston.
When Due. School, Bridges, Town Lmp. Bds.
LOANS—
Refunding Bonds—
4s, A&O, $20,000 c.Apr. 1, 1917
4s, A&O, $10,0000. ...Oct. 1, 1918 Bonded debt Oct.l, 1905. $109,600
20,375
3*58, J&D, 37,000 c.Deo. 15, 1920 Floating debt
Water Bonds—
Total debt Oct. 1, 1905 ...129,975
Total valuation 1905. ...2,687,532
3»fi8, M&N, $5,600c.Mayl,1906-12
3i«8, M&N, 20,000 c.Mayl,1913-32 Assessm't abo't 75 p.c.actual value.
313s, M&N, 17,000 c.May 1. 1932 Tax rate (per $1,000) 1905. $2300
Optional after May 1, 1918
Population In 1890 was
4,015
Population in 1900 was
4,686

office

$1,308,972

$1^253,170

3>-s>s.

.

145,353
Floating debt
Total debt Feb.13,1905.
432,703
val.,real
3,891,773
Assessed
Assessed val., personal 1,595,408
Total valuation 1904... 5,487,181
Assessm't less than actual value.
Tax rate (per $1 .000) 1 904 . 22 -00
Population in 1899 was
8,174
Population in 1900 was
8,150
.

at $100,000.

Thos P.
HOULTON.—
Aroostook County.
town

Frederick

Net debt

1918

1,

owns property valued

INTEREST is payable in Boston and Hallowell.

Post

Apr. 1, 1901.
$2,884,366
1,596, 833

1, '02.

AVAILABLE ASSETS —The city's available assets, amounting to
$1,447,580, include gas company stock, $156,400 (market value) and
Portland & Oedenslrarg Rv. stock valued at $1,225,177 20-about one-

I

4b,

is

$2,772,750
1,414,873

$2,700,750

DISTRICT.— ROCKLAND.KnoxLorenzo
WATERTru^ees.

GARDINER

This city

$2,700,750
1,391,778
1,44*7, ^60

Dec. 31, '04. Dec. 31, '03. Apr.

Total debt
Assets

Hancock County. Bonds are tax exempt.
When due. Bonded debt Feb. 1, '05 ..$87,500
LOANS—
Floating debt
6,340
Town Hall Land Bonds—
This town

TOTAL DEBT, SINKING FUND, Etc-

—

,

Funded, 1893
c&r 4
M"& S Mch. 1,
Funding, 1887
r 4
Julyl.
1894
do
o&r 4
S Mch. 1,
do
1896
cfcr 4
Mar.
S
1,
Port.& Ogdensb. RR., 1872.c&r- 6
& S Sept. 1,
Refunding 1897
c&r 4g J & J July 1,
c&r3T3g
do
1902
July 1,
do
1905
c&rS^g
S Mar. 1,
Bonds of 1876 matured, not presented for payment

J&J
M&
M&
M
J&J
M&

1913 g$75,000
1912
40,000
1914
g64,000
1916
48,000
1907 1,107,000
1912 g450,000
1922
614,000
1920
99,000
2,000

Tide city

is

in

Lord, Treasurer.

York County, Itsarporated Feb,

18, 1867.

The bonds

of this city are not taxed.

LOANS—

Refunding Bonds—

When Due. Outstanding

notes

and

floating debt

$4,136,

1907
Interest is paid in Boston.
1917 Total debt Feb. 1, 1905.. 143,636
3,737.207
4s, J&D, 28,500 c .Dec, '05 to '23 Tax valuation 1 90 4
3i*8,M&N, 25,000 c.Nov., 1906-30
Assess't about 23 actual value.
3^s,M&S, 15,000 o.Aug. 31, 1921 Tax rate (per $1,000) 1904. $22 50
Population in 1890 was
Sewer Bonds
6,075
6.122
1909 Population in 1900 was
4s, J&J, $15,000
J&J, $?5,000 C
4s,J&J, 30,000c
4s,

—

WASHINGTON CO.— M. Gardner, Co. Treas.
County Beats are Maohias and

Calais.

loans-

When Due. Bond. debt. Apr. 1. 1905. $500,000
Tax valuation 1904...$13,b87,471
wash. Co. RR. Bonds
44,482
4s, J&J, $25,000 o... Jan. 1, 1916 Population in 1890 was
4s, J&J, 475,000 c..Jan. 1, 1928 Population in 1900 was
45,232
(Subject to call after Jan. 1, 1923)

INTEREST Is payable at the Boylston National Bank of Boston.

WATERVILLE.—

{

L. B
F. A.

SPENCER, Auditor.
KNAUFF, Treasurer.

This city is in Kennebec County. Incorporated 1802; a city, 1888.
J&J, $50,000
July 1. 1909 Bonded debt Oct.l8,1905.$265,00O
53,500
4s, F&A,
50,000. Feb. 1, 1906-'10 Floating debt
4s, J&D,
Deo. 1,1909 Total debt Oct. 18, 1905. 318,500
25,000
4s, J&J,
July 1,1927 Assessed val'tion 1905.-5,397,328
35,000
3!a8,M&3, 20,000. Sept.l, 1924-'25 Assessment about H actual value.
3ifiS,M&S, 10,000. ...Sept. 1,1926 Tax rate (per $1,000) 1905. $23-50
33-2S,M&S, 10,000.... Sept. 1, 1927 Population 1905 (est.)
11,000
3iaB,M&S, 10,000. .Sept. 1, 1923 Population 1900 was
9,477
312S.F&A, 10,000... Feb. 1,1924
3ig8,'05,F&A, 10,000 C.Feb. 1,1925
3is8,05,M&8, 35,000 o.Sept.1,1935
4fl,

Geo. H. Raymond, Treas.
WESTBROOK.—
Westbrook
Cumberland County. Incorporated March,
is

LOANS—

in

1

When Due. Bonded debt O

City Bonds—
4s,J&D,$15,000 ....June 20, 1911

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

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

A&O,

10, 1905
20,000.... April 1, 1907

891.

7,1905. $125,000
36,400
Floating debt and notes .
Total debt O st. 7, 1905. 167,000
3,638,650
Tax valuation, real
Tax valuation, personal. 612,820
Total valuation 1905 ...4,251,470
t.

2,000
1909 Assessment Is about normal value.
J&J,
4,000
Jan. 5, 1910 Total tax rate (per M) 190o.$20-00
7,500
J&J, 25,000
Jan. 1, 1915 Population in 1905 (est.)
7,283
J&J, 20,000
Jan. 1,1917 Population in 1900 was
J&D, 24,000
June 1, 1918
INTEREST on the refunding bonds Is payable in Boston, Mass.; on
all other bonds at Portland. Me.
,

ADDITIONAL STATEMENTS.
In the table following we give statistics regarding minor civil
divisions In the State of Maine which have an indebtedness of over
$25,000, and whioh are not represented among the foregoing detailed
reports. We also give the population according to the Census of 1900.

:

>

.

NEW HAMPSHIRE—DEBT OF

14

Assessed
Valuation.

Total
Debt.

Towns—

$
$
30,000 29,261,930
848.814
23,000
48,860 1,060. 027
64,400 1,881, '45
75,297 3,*8l.56-<
889.545
81.600
27.327 2,301.319
295.956
31.926
32,000 1,455 291
432.049
26.214
59,208 1,052,979
46.P44 1,624,653
41,437 1,522,010
30,000 1.-.-91.8O0
99,533 3.521,796
31.200 31.460, >71
40,359 2,196,986
26.000 1,385.530
817,971
35.780
28,600 1,775.275
551.3
37,646
991,204
38,000
1.H74.190
91,350
877.832
31,652
64,767 1.210,3*0
62,271 2.898,«35
81,000 2,801,070
54.360
28,(00
89.050 2,713, 50i)
25.756
500,359
37,566
928,835
30,60.) 2.044,430
46,000 1393,050

Andre ooggin County
Bethel. Oxford Co
Boothbay Harbor, Lincoln Co....
Brewer, Penobscot Co
Brunswick (T.), Cumberland Co.
Bucksport (T.), Hancock Co
....
Camden, Knox Co
Canton, Oxford Co
Caribou, Aroostook Co
Damarlsootta. Lincoln Co
Dexter, Penobscot Co
Eastport, Washington Co
Fairfield <T), Somerset Co
Fort Fairfield (T.>, Aroostook Co
Gardiner, Kennebec Co
Kennebec Co
Kennebunk, York Co.
KennebunkporT, Y.irkCo
Lubeo (T.l. Washi gtonCo
Mount Desert. Hancock <'«.
Norridgewock, Somerset Co
Old Orchard, York Co
Old Town (City) Penobscot Co ..
Orono, Penobscot Co
Plttsfleld (T.), .Somerset Co
Rumford (T.) Oxford Co
Sanford(T.).YorkCo
Somerville, Lincoln Co
South Portland, Cumberland Co.
Union, Knox Co
Waldoborough, Lincoln Co
Winslow. Kennebec Co
Yarmouth, Cumberland'Co
i^CT.) Town.

New

Tax

Popu

Rate.

lation

1900

$

54.242

1900
1800

1,835
.926

1

I

26 00
17 50

,

6.806
2.339
2.8 5

29-50

1850
3700
2300

i

946
4.758

20 00

876

26-00
28 00

2.941
5.311
3.878
20 5'»
4.181
2400
2<>00
5,501
O^JVj 59,117
3,228
1700
16-90
2.123
17-r.O
3.005
1,600
16 00
20 50
1,495

2000

964

32 00
30-00
23 00

5.7C3
3,257
2,891
3,770
6,07*

1850

17-00
35 00
VO 60

2200
22-00

2100

374
6.287
1,248
3,145
2.277

lt-'O

Hampshire.
ITS

a State

One

-

9,305
Total area of State (square miles)
Concord
State Capital
Governor (term expires 1st Wed. Jan., 1907) - John McLine
Secretary of State Chosen by Legislature; Edw. N. Pearson
term expires Jan., 1907. Solon A. Carter
Treasurer - Legislature meets biennially in odd years on the first Wednes
day in January, and length of session is not limited.
j

|

,

Hampshire's debt history is very brief.
This State has always been extremely conservative, and no bonds were
issued until after the breaking out of the Civil War. In 1866 New
Hampshire reported her funded indebtedness at $4,169,818, contracted exclusively for war purposes. June 1, 1809, the total out
standing was $3,213,962 22, against which the Treasurer report <->•
an asset of $77,082 89. The State debt at the present time is as follows

—

LOANS

•Principal

Interest.
P. CI. Payable.

Agricultural College 1893.

4

Library bonds of 1891

4

J
J

A
&
&

J
J

When Due.
July 1. 1913
July 1. 1911
July 1. 1913
July 1, 1906-25

Ouistand'g

$135,000
175,000

75 .< 00
1893....
J
J
3*3 J <V J
200 000
1905...
Hospital
8.200
Municipal War loan (overdue* ..
500
Loan of 1873 (overdue)
943.701 72
4A6
Trust funds
Of $873,831 00 trust funds held June 1, 1C04, $80,000 carried 6% In
terest and$789,543 54 4%interost. no Interest being paid on $4,290 46
PAR VALUE OF BONDS.—The bonds of this State are In $500
>and $1,000 pieces.
INTEREST Is payable at the National Sbawmnt Bank of Boston and
<at 8' ate Treasurer's office.
DEBT.— The net debt on June 1. 1905. was $788.900 28
total debt on Che
The subjoined statement shows New Hampshire's
dates named. Assets June 1, 190^, were $548, e 4l 44.
June 1,05. June 1,01 June 1, "03 Junel,'02.
$7<'8,747
Total funded debt.... $393,800
$538,300
$845,300

Do

do

4

TOTAL

Trustfunds
Total debt

943,701

8 l, 4,' 09

$1,337,501

$1,432,909

842,401

823,771

$1,551,148 $1,669,071
ASSESSED VALUATION. —The State's total assessed valuation (including taxable bank savings. Insurance capital, railroads, building and
loan associations, telegraph and telephone companies) has been as
follows:
Tears.

1904
1903
1902
1901
1900
1899
1898

Valuation

$298,316,947
291,980,544
2^6.487,65-.

282,517,963
274,549,651
278,964.254
274.348.664

Years.
lf*97

1896
1895
1894
1893
1890
1885

CONSTITUTIONAL CONVENTION.-The

Valuation
$277,566,888
2SO.264.245
286,774,749
290.30 1.707
295.677.685
268/19 7,198
218.122.554
Constitutional Con-

vention, held in 1^0/, •submitted several amendments to the Constitution, of wuich four were approved at the election on March 10, 1903.
One of these refer* to franchise and Inheritance taxation and another
to trust regulation. V. 76, p. 6I0.

i)EBT LIMITATION.— There is no restriction in the Constitution
of New Hampshire upon the debt-making power of the people through
the " General Court," except the following, which is the last clause of
Article 5 of Part Second of that Instrument.
Provided, That the General Court shall not authorize any town to
loan or give its money or credit directly or Indirectly for the benefit oi
any corporation having for its object a dividend of profits or in any
way aid the same by taking its stocks or bonds.
The above is an amendment to the Constitution, which was ratified In
1877. The amendment would appear to be intended as a complete
estoppel to municipal loaning of money or credit, to railroad and indus
It is to be noticed, however, that by its terms tlu*
trial corporations.
restriction does not specifically mention "cities," the words being
" anv town."
In addition to the foregoing Is the "Municipal Bond Act of 1895."
It tell
in the matter of issuing bonds what a municipal corporation
may do, what It must do, and what it cannot do. The law enacts: Sec.
1. The term "municipal corporation " means town, city, school dls
triot, village district and village precinct.
Sec. 2. Bonds issued must
be payable within 20 years, interest semi-annual, not exoeedlng 6 per
7.

—

—

1860
1850
1840
1830

320,073 1820
244,161
317,976 1810
214.460
284.574 1800
183.858
269,328 1790...
141,885
In 1870-80 increase was 28,691, or 901 per cent; in 1880-90, 29,539,
or 8-51 per cent, and in 1890-00, 35,058, or 9 31 per cent.

1890
1880
1870

411,588
376,530
346,991
318,300

-

SAVINGS BANKS' INVESTMENTS-PRIVILEGES AND RESTRICTIONS.— The savings bank investment laws of New Hampshire were completely revised and materially altered in many respeots
at the Legislative session of 1901. The new law was approved by the
Governor March 22, 1901, and went into effect on its passage. In
1905 par--' graphs 9 and 18 were attended (see V. 80, p. 1190), the law
now reading as follows:

AN ACT.

To Regulate and ^imit the Investments of Savings Banks.

HISTORY OF DEBT. New

NAME AND PURPOSE.

cent, may be payable in gold coin. If made payable in less than 20
years, may be extended but never beyond 20 years from time of issue.
Sec. 3. Bonds (except of cities) must be authorized by a vote of twothirds of all voters present and voting at an annual meeting o f such
corporation, or at a special meeting if properly called, «feo. (for which
see act). Bonds must be signed by a majority of the Governing Board,
countersigned by Treasurer ami have seal of corporation. Time
and place of payment and rate of interest, <fec, may be delegated to
Governiug Board. Sec. 4. City bonds must be authorized by resolntion of Wcy Council passed by at least two-thirds of members elected
to each branch taken by yeas and nays, signed by Mayor, countersigned
by Treasurer, seal of city affixed. Place of payment, rate of interest
and sale maybe delegated to Treasurer. Sex. 5. Bonds shall be payable to bearer or to registered holder by name, and must be in form set
out in act which see. In case bonds be made subject to call they must
contain statement to that effect as given in act.
"The validity of any
bonds shall not be affected by any variation from the forms herein
prescribed." Sec. <*. Treasurer to keep a book in which he shall
register bonds issued, Ac. Sec. 7. "All bonds purporting to be issued
by virtue of this act and signed and sealed as hereinbefore provided
shall in favor of bona tide holders be conclusively presumed to have
been duly and regularly authorized and issued in accordance with the
provisions herein contained, and no holder thereof shall be obliged to
see to the existence of the purpose of the issue or to the regularity of
any of the proceedings or to the application of the proceeds^ All such
bonds shall be negotiable In all respects and to the same extent as securities negotiable by the law merchant."
Sec. 8. Annual tax must be
levied and collected sufficient to pay interest and provide a sinking
fund sufficient to pay principal within 20 years. Sec. 9. No bonds can,
be Issued which shall increase the net debt of corporation to an
amount exceeding 5 per oent of the value of the taxable property
therein as last appraised for assessing taxes. To ascertain net debt,
all debts must be included except the following, which must be deducted water debt, "cash and other means" in treasury and sinking
funds applicable to payment of debt so included; " but nothing contained in this section shall prevent the issue of bonds for the purpose
of refunding an equal principal amount of other bonds of such corporation." Sec. 10, corporation seal. Sec. 11. Act to take effeot on passage. Approved March 19, 1895.
Exceptions have been made to this law from time to time in special
instances, such as in the case of $100,0
high school bonds of the oity
of Portsmouth, authorized by chapter 202, Laws of 1903. This chapter provides that section 9 of the municipal bond law of 1895 does
not apply in this iL8tan.se.

1900...

of Original Thirteen

j

I

[Vol. lxxxi.

POPULATION OF STATE-

DEBT, RESOURCES, Etc
Admitted as

j

STATE.

Be it enacted by the Senate and House of Representatives in General
Court convened :
Section 1. On and after the passage of this Act, savings banks and
savings departments of banking and trust companies shall make Investment of their funds in the following olasses or securities only
In notes secured by first mortgage of real estate situated in
1st.
New Hampshire, but not over seventy per oent of the value of the
property covered shall be so loaned, and not exceeding seventy per
cent o( the deposits shall be so Invested.
2d. In notes secured by first mortgage of real estate situated outside of New Hampshire which is at the time improved, occupied, and
productive, but not over 50 per cent of the value of the property
covered shall be ho loaned, and not exceeding 25 per cent or the deposits shall be so invested.
In notes secured by collateral In which the bank is at liberty to
3d.
Invest of a value at least 10 per cent In excess of the face of the nolo.
The amount of any, one class of securities so taken as collateral, added
to that which the bank may own at the time, shall not exceed the total
limit of that class of security, but not exceeding 25 per oent of the
deposits shall be so Invested.
4th. In notes secured by collateral securities which are dealt In on
the Stock Exchanges of Boston and New York, the stock Exchange price
of which shall at all times be at least 20 per cent in excess of the face
of the note, while held by the hank, but not exceeding 25 per cent of
the deposits shall be so invested.
5 th. In notes of Individuals or corporations with two or more
signers, or one or more indorsers, but not exceeding five per oent of
the deposits shall be loaned any one person or corporation in this
class of security, and not exceeding 25 per oent of Che deposits shall
be so invested.
6th. In the public funds of the United States, or those for which the
faith of the United States is pledged to provide for the payment of the

and principal.
In the bonds and notesof tills State, or of auy county, city, town,
precinct, or district of this State.
8th. In the authorized bonds or notes of any Stato or Territory of
the United .1 aces, and 111 tue bonds or notes of any city of the States
of Maine, Vermont, Massachusetts, Rhode Island, Connecticut, or New
y/ortc, whose net indebtedness does not exceed five per cent of the last
preceding valuation of the property therein for taxation, or of any
county or 'own in said States whose net indebtedness does not exoeea
three percent of such valuation.
9th. In the authorized bonds of any county, city, town, school dls
irict, or other municipal corporation of amy other of the United States
or Territories whose net indebtedness at he time of such investment
does not exceed 5 percent of the last preceding valuation of the prop*
erty therein for taxation; and In the authorized bonds of any oity
of 100,000 inhabitants of any of said States whose net indebtedness
does not exceed 7 per cent of the last preceding valuation of the
The term "net indebtedness" shall be
property therein for taxation
construed to denote the indebtedness of any city, town, or other
municipal corporation, omitting the debt created for supplying the
Inhaoitants with water and deducting the amount of any sinking fund
available for the payment of the municipal indebtedness. Provided,
however, that such bonds shall not have been issued in aid of railroads or
for special assessment purposes.
Provided, at.no, that the bonds of
any county, city, or town, of less than 10,000 Inhabitants, or of any
school district or Other municipal corporation of less than 2,000 Inluterest

7th

1

habitants in any StaCe or Territory other than those named In paragraph 8 of section 1 of this Act shall not be authorized investments.
Provided, further, that such bonds are Issued by municipalities that
are permitted by litw 10 levy taxes sufficient to pay the interest and
to provide sinking funds for their debt; otherwise such bonds shall not
be authorized investments. But not exceeding 50 per cent of the
deposits shall be so invested.
10th. In the bonds or notesof any railroad company, except street
railways, Incorporated under the laws of this State, whose road Is
located wholly or in part In the same; but not exceeding 25 per oent
of the deposits shall be so invested.

Nov..

NEW HAMPSHIRE-CITIES AND

190").
|

TOWNS.

o

INTEREST Is payable at Claremont, or at the National Bank
Redemption, Boston.

llth. In the bonds of any railroad company, except street rail'
ways, Incorporated under the authority of any of the New England
States whose road is located wholly or in part in the same, and whioh
Is In possession of and operating itsown road, and has earned and paid
regular dividends for the two years next preceding such investment.
or in the bonds guaranteed or assumed by suoh railroad company; but
not exceeding twenty-live per cent of the deposits shall be so invested.
12th. In the bonds of any railroad company, except street railways,
Incorporated under the authority of any of the United States or Territories, which is tn possession of and operating its own road, and has
earned and paid regular dividends of not less than four per cent per
annum on its capital stock for the three years next preceding such investment; provided such capital stock on which it, earns and pays
dividends equals in amount one-third of the entire bonded indebtedness of said road; or in the bonds guaranteed or assumed by such
railroad; but not exceediug twenty-live per cent of the deposits shall
be so Invested.
13th. In the tlrst mortgage bonds of corporations of this State, except street railways, located and doing business therein, whose net indebtedness at the time of such investment does not exceed its capital
stock actually pind in and remaining unimpaired; but notexceding ten
per cent of the deposits shall be so invested.
14th. In the bonds of street railway corporations incorporated under
the laws of this State and located wholly or in part in the samo; and in
the bonds of street railway corporations located wholly or In part In
cities of 30,000 inhabitants or more, in any of the other New England
States; and in the bonds of street railway corporations looated wholly
or in part in cities of 50.000 Inhabitants, or more, In any of the United
States, when the net indebtedness of such street railway corporations
does not exceed the capital stock actually paid in and remaining unimpaired at the time of such investment, and that has earned and paid
regular dividends of not less than four per cent per annum on its cap
1tal stock for Ave years next preceding such investment; but not exceeding ten per ceutof the deposits shall be so invested.
15th. In the bonds of telephone, telegraph, or express companies
doing business in the United States or Territories, provided the total
Indebtedness of a-uch company does not exceed its capital actually
paid in and reiuaiuing unimpaired, and provided suoh company has
earned and paid regular dividends of at least four per cent per annum
upon its capital stock or shares for tive years previous to such investment, but not exceeding ten per cent of the deposits shall be so in-

CONCORD

ol

(CHARLES R DORNING, Mayor.
3ttEO. K. HAZEL/TINE, Auditor.

/ vVM. F. THAYER. Treasurer.
the capital of the State and the county seat of Merrimack
County. Its water works more than take care of the nterest on the
water bonds.
When Due, 3^s, '05. $10,000.. -Apr. 1, 1912
LOANS—
5, OOO... Apr. 1, 1921
Bridge Bonds—
A&O.
30,000... Apr. 1, 1922
4s, J&J, $10,000. July 1. '06 to *07
School Bonds ($5,000 due yearly.)

Concord

.

is

•Public Park Bonds—

Z^,n,

3>28.

J&D. $25,000... June

1,

June

1,
1,

1914

3^8,

A&O, $24,000.. Apr., 1906'08
A&O, 3" ,000.. Oot. 1, '09'13

Sewer Bonds—

3"*«, ....
9 500
Refunding Bonds—
1914
1914 3 L fl, .. .,$20.800
9,000... Dec.
3ifl8.J&D,
Penacook Seweb Bonds—
25,000.. -July 1,1917
3»sB, J&J,
Aug. 1,1908
4s, F&A, $6,000
City Hall Bonds—
May 1,1913
3Uj 8 M&S, $75,000.... 1912-1923 4b, M&N, "5,000
Subject to call after May 1,1.908
312VOI.J&J, 55,000 July l,'24-'29
Oot., 1910
3s, A&O,
$500
Water Precinct Bonds—
3*28, M&S, $20,000... Mch. 1, 1922 38, A&O, 2,000. Oot., 1914 to is
2,000. .July, 1915 to '19
40,000.Jan., '06 to '09 4s, J&J,
4s, J&J,
West Concord Sewer Prec't—
10,000. .Jan, 1910-11
3s, J&J,
10 000 Jan., 191U-U 4s, A&O, $12,000. Oct., 1907 & '12
4s, J&f,
70,0oo Jan.,'13 to '19
East Concord Sewer Prec'ct—
4s, J&J,
3^8, J&J, $1,000. .. .1910*1915
($10,000 due yearly.)
St. Paul's School saw Prro.—
4s, A&O, $45,000.... Oot. 1,1912
400.000.... Jan. 1,1923 3s, J&J, $4,0tO...July 1, 1906-'13
4s, J&J,
Jan. 1, 1920 Bonded debt Jan. 1, 'O5.$l,009,000
3s,JvJ,
10,000
Water debt (inolu led) ...6 30,000
Jan. 1,1921
3s,
J&J, 5,000
3^s, J&J,*30,000....Tan. 1 "23 '24
*Exempt from tax when owned by Concord residents.
EXPLANATORY OF BONDS.—The Penacook sewer bonds were
issued on the city's credit for the Penacook sewer district, the interest
and principal being payable from a special tax on that district.

J&D, $25,000

313B.

,

.

. .

,

INTEREST is paid at city treasury and in Boston.
CITY PROPERTY.—The city valued its bui .dings and other

vested.
16th. In the capital stock of any banking or trust company incorporated under the laws of this State and doing business therein, but the
amount of such stock held by any savings bank as an Investment and
as collateral for loans shall not exceed one-tenth of the total capital
stock of such banking or trust company, and not exceeding ten per
cent of the deposits shall be so invested.
17th. In the stock of any national bank or trust company in the New
England States and in the State of New York, but the amount of
such stock held by any savings bank as an Investment and as collateral for loans shall not exceed one-tenth of the total capital stock
of such national bank or trust company, and not exceeding ten per
cent of the deposits shall bo so invested.
18th. tn the stock of any railroad corporation, exclusive of street
railways, located in any part of the United States or Territories, that
has earned and paid regular dividends of not less .than four per cent
per annum on its capital stock for five years next preceding such investment provided, such capital stock on which It pays dividends equals
In amount one-third of the entire bonded Indebtedness of said corporation; or in the stock of any other railroad corporation whose railroad and railroad property are leased to suoh railroad upon an annual
rental of not less than four per cent per annum upon the capital stock
of the leased railroad; provided, said leased railroad shall have earned
dividends of not less than three per cent upon its capital stock for a
period of three years immediately preceding said lease; but not exceeding twenty-tive per cent of the deposits shall be so invested.
19th. In the stock of any manufacturing company in the New England States that has paid regular dividends on its capital stock for five

prop-

January 1, 1903, at $247,249, and besides this has water
valued at $851,887 which are the property of the "precinct."

erty on
vsrorks

ASSESSED VALUATION, TAX RATE, EtcRate of Tax
per $1,000.

Tolal Assessed

Tax.

Valuation.

'ears.

$258,043
$11,60».001
250.222
11,559,452
240,035
11,643,4-6
241,2 6
11,394,218
241,S«8
11,393,694
1901
832,778
11,220,215
L900
176,081
10,243,857
L890
172,831
10,150.586
1880
POPULATION.—In 1900 (Census) was 19,632; In 1890
17,004 in 1880 it was 13.843; in 1870 it was 12,241.

1905
1904
190S
1902

1

$22-20
21-tO

2060
21-20
21-50

2100
17-60
it

was

;

;

DOVER,
This oity

is

I

!

JOHN H. NE ALLEY, Mayor.
WM. K. CHADWICK, Treasurer.

the county seat of Strafford County.

When Due.
LOANSCity Hall Bonds—
4s, A&O, $48,000 o.Apr. 1, '06'09
is, A&O, 22,000 c.Apr.l, '10-'ll
48, A&O, 111,000 c. Apr. 1, 1912

Water debt (additional).. $300,000
Assessed valuation, real.7,096,663
Ass'd valuat'n, personal.1,491,314
Total valuation 1904 ...8,587 977
T tal valuation 1905..- 8,596,957
Assessment about % actual value.
Funding and Bridge Bonds—
$20 00
48, J&J, $55,000 o July 1, '06 '16 Tax rate (per M) 1905
12,7)0
Vater loan notes 4Hs. .$300,000 Population 1 890
Bonded debt Oct., 1905 .. 2bl,0O0 Population 1900 (Census) ..13,207
NTEREST on refunding loan and oity hall bonds payable at Shawmut National Bank, Boston
CITY PROPERTY.—The city has assets, Including water-works,
co the value of $431,384.

years previous to suoh investment, and whose net indebtedness does
not exceed the amount of its capital stock fully paid In but not exceeding ten per cent of the deposits shall be so Invested.
20th. In the stock of any parlor car or sleeping car company incorporated and doing business in the United States, and whose cars are
in actual use upon any railroad whose stock is a legal investment for
New Hampshire savings banks, and that has earned and paid regular
dividends of not less than four per cent per annum on its capital stock
for live years next preceding suoh investment; but not exceeding tive
per cent of the deposits shall be so invested.
21st. In land and buildings suitable and actually used by It In part
for its banking-room, the total cost of which shall not exceed 10 per
cent of Its deposits.
Sbc. 2. Any savings bank may hold and lease real estate acquired by
foreclosure of mortgages owned by the bank; tut all taxes, foreclosure
expenses, and cost of maintenance shall be paid out of the Income of
the bank.
Sec. 3. Deposits of cash on call, or subject to oheck, shall be made In
some authorized banking or trust company incorporated under the
laws of this State or Massachusetts, or In some national bank looated
In the New England States, or in the cities of New York or Philadelphia.
Sec 4. The special deposits or guaranty fund of a guaranty savings
bank shall not be included in the amount of deposits on which the
percentage of any investment is reckoned.
:

. .

I

FRANKLIN.
This oity

is

In

5
}

FRANK H. DANIELL, Clerk.
FRANK PROCTOR, Treasurer.

Merrimack County Incorporated as a

LOANS—

When

Town Bonds—

1. 1921
1905.$137.300
Floating debt.
(Subjeot to call after 1907.)
14,856
Tax valuation 1905
Water Bonds—
2,834,902
Apr. 1,1914 Assessment about % actual value.
s, A&O, $2,000
Tax rate (per $1,000) 1905.. $18-50
(Subject 10 call after 1904.)
Population in 1890 was
Refunding Bonds—
4,085
Population in 1900 (Census). 5,846
3*38, F&A., $20,000.. Aug., '06*09
INTEREST payable at First Nat Bank, Boston or Treasurer's oiflos
48,

3^8,

F&A.,$30,000....Aug. 1,1917

4.<fcO.

$80,000. ..Oot.

Bonded debt Jan.

Jan.

Counties and Towns

STATE OF

THE

Is

Town Hall Bonds.

JAJ, $27,500 c....July 1, 1906
($2,500 due yearly) to July 1,'16
Refunding Bonds—
4s, J&J, $25,000 o....Jan. 1, 1909
4s, J&J, 50,000 o.... Apr. 1, 1914
Bond, debt Feb. 15,1905. $105,000
4s,

Treas.

Refunding Bondsis.

Sept.,

$29,000

Bonded debt

Sept.

Oot., l.'O

1910

>.

trPPMC —
.

.

.

LOANS—

WnenDue.

Sewer Bonds—

J&J, $45,000 o....July
($15,000 yearly) to July
4s, J&J, $10,000 o....July

Water Bonds—
A&O, $5,OOOo... Oct.
AAO, 40,000c... Oot.

is,
48,

($10,000 yearly) to Oct.

J&J, $7,000 c. .Jan.
3^8, J&J, $30,000 .Jan.
i»«8.

.

($10,000 yearly) to Jan.

INTEREST
1909-13, whioh

.

I

1

is
is

Water Bonds— (Con. —

$25.0000 Julyl '09-13
1906 Bonded debt Apr.l, '05.. $177,000
49,607
1908 Sinking fund and cash.
127.393
1909 Net debt Apr. 1, 1905..
107.000
W ater debt (included)
1,1913 Assessed valuation, '05. 7,020, >71
15-50
1,1914 Tax rate (per M.) 1905..
10,000
Population 1905 (est.)
1, 1917
Population 1900 (Census).. 9,165
1, 1910
1, 1911
1,1913
In Boston except Water 4s and 3^s due
3««8. .I&J.

4b,

in Sullivan County.

Floating debt (net)
$42,1 17
Total debt Feb 15, 1905. 147,117
Water debt (additional).. 164,426
Total assessment 1905.-3,555,986
Aotual value (about).
.4,400,000
Tax rate (per $1,000) 1905. $2150
Population In 1890 was
5,566
Population 1900 (Census)... 6,498

Healy

894 will be retired

5 WALTER R. PO RT ER, City Treasurer.
< FRANK H. WH1TCOMB, City Clerk.
*r.
.
This city Is the county seat of Cheshire County Incorporated as ^
town 1753; as oity, 1874.

—

Is

1

.$313,800
Siufcinj; fund..
80,637
1' 0.567
Cashonlund
Tax valuation 1905. ...66,001,140
Funding Bonds 1894—
Population in 1890 was. ...93,247
4s, J&J, $72,« OOc.Jan. 1, 1914
Population 1900 (Census) 112.640
Optional after Jan. 1, 1904
INTEREST on 3s Is payable at Man heater National Bank. ManChester; on all other bonds at Shoe & Leather Nat Bank ol Boston.

A. Hutchinson, Treasurer.

Due.

When Due.

June, $40,000 c.Jnne 1, 1921
Maroh, $120,000 c.Mar.l, 1915
July 1, 1923
3s, July, $52,80

In Coos County.

S—

1906.

4s,
4s,

NEW HAMPSHIRE.

town
CLAREMONT.-»
When
LO A N

S.

Nashua. The funding 4s of

LOANS—

Incorporated Feb. 6, 1897.
$23,000
When Due Floating debt
LOANS—
School Bonds—
Total debt Sept. 30, 1905 196.000
1906-1907 Sinking fund
4s, M&N, $2,000 c
59,500
Impkdvement Bonds
Net debt Sept. 30, 1905 . 136,500
'05..
4*38, J&D, $70,000
1913 Assessed valuation,
3,896,102
Ponding Bonds—
Assessment about 23 value.
M&N,
Tax
$50,000
1917
rate
(per
M.)
1905
$19 05
4s,
o
3>«,B,J&D, $51.000c Junel,'06-22 Value city property 1905.$189,533
Population 1905 (est).
($3,000 due vearly.)
12,000
Bonded dcbtSept.30, 'O5.$173,O0O Population 1900 (Census).. 8,886
This oity

1,

Is

Building Bonds—

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

BERLIN. — L.

1,

I

County seat

IS

city in 1895.

Refunding W^ter Bonds—

Due.

HILLSBOROUGH CO.— A.
Cities,

Incorporated as a

city, 1885.

1,
1,
1,

. .

payable
payable in Keene.

CITY PROPERTY.—The city owns its water works, valued on
Apr. 1, 1905, at $230,425, and other propert., to the amount of
*i21,692. Water works are more than self supporting, the net income
for 1904 being $22,856 75.

9

NEW HAMPSHIRE-CITIES AND

1G

L.ACONIA.— J.

F. Tbask, Cua-a.
Belknap County. Incorporated May 3, 1833.
When Due. Interest payable at Boston.
LOANS—
Town Bonds—
Bond, debt Feb. 15, '05. .$214,000
47,090
4b, J&J, $65,000 c... Jan. 1, 1912 Floating debt

Lacoma

(City) is in

Sewer and Funding Bonds—
Total debt Feb. 15. '05... 261,090
4,391,636
A&O, $117,000 c
1924 Tax valuation 1905
Assessment about 2 actual value.
Funding Bonds—
2320
1906-10 Total tax (per M.) 1905
4s
$10,000
I*

4a,

:

,

6,143
Population in 1890 was
Population 1900 (Census) ...8,042

NOTE8
Sias,
3s,

1906-09
1906- 07

$4,000 c
10.000 o

....

,

D. H Foster, Ch^lrm'nSalectmeD.
LEBANON.—
This town
Grafton County. Incorporated

1761.
Assessed valuat'n 1905.$2,712,256
4s, MAN, $40,000 c.May 1, 1909 Assesd' valuation, real. 1,728,606
4s, A&O, '04, 3,000 c.Apr.l, 1906 Assee'd valuation, per'i 983,650
Assessment about actual value.
Interest is pavable in Boston.
Bonded debt Oct. 1, 1' 05 $43,000 Total tax rate (per $1,000) .$2160
40,435 Population in 1905 (e^t.) ....5,000
Fire precinct debt(add'l)
Fire precinct cash and s. f... 9,856 Population 1900 (Census).... 4,965
is

in

LO A N S-

When

due.

|

l

I

[

1

|

C P. B& now, Town IVas.
LITTLETON.—
of same name are in Grafton County.
This town and village

LOANS-

Town Bonds Townbonds4s
Water & Light Bonds

Population 1900

When Due.

Village Debt
Bonded debt Feb.

,

$60,0'
3Hss 200,000

$40,000
8,000
48,000

Floating debt
Total debt Feb. 15, 1905..
School DUtrict Deb'.
Floating debt Feb . 15, '05

39,365
Floating debt Feb 15,'05.
Total debt Feb. 15, *0S.. 299,365
town
'05.1,810,598
Asses.valuat'n

Tax rate

4,066
15,'05..

8,390

2800

(per 1.C00) '05.

JAMES E. DODGE, Auditor.
»» AMOUCCTiro
I JtLrv. — }p. L. ALLEN, Treasurer.
MAiNOrlrUO
5

This city Is one of the county seats of Hillsborough County. Incorporated July 10, 1846.
When Due.
Water Bonds— (Con.)
LOANS—
Bridge Bonds—
4V2S,M&N,$100,000 o Nov. 1, 1913
J&J, 100,000 Jan. 1, 1907
4b. J&J. $60,000 o....July 1, 1911 4b,
Improvement Bonds
4s,
J&J, 100,000 c July 1, 1910
J&J, 100,000 c Jan. 1, 1912
4s, J&J. $100,000 c. Jan. 1, 1913 4s,
A&O, 50,000 c Oot. 1, 1914
4s, A&O, 100.000 c. .Apr. 1, 1914 4s,
J&J, 100,000 c July 1, 1915
4s, A&O, 100,000 c. Apr. 1,1915 4s,
J&D, 50,000 cDeo.16. 1915
4s. A&O. 100.000 C.Apr. 1, 1916 4a,
CEMETERY BONDS—
4s.
J&J, 100,000 c Jan. 1.1917
5s, J&J. $50,000c... July 1, 1913 Bonded debt Jan. 1,'03. $1,795,000
Sinking fund
Funding Bonde442.757
1,352,243
rs, A&O. $50,000 0.. April 1, 1907 Net debt Jan. 1, 1905.
800,000
4s, A&O, 50,000 0. April 1, 1909 Water debt (included)..
5,000 0. .April 1,1911 Water sink, fund (inc.)
175,71"?
4s, A&O,
12B,A&O.100.000 o..April 1, 1919
Value
city property.'05. 5,883,3 18
3
Refunding Bonds—
Assessed valua'n, real. 27,070,509
3^8, '05, A&O. $50,000c.Apr.l*25 Asses'd valua'n, pers'l. 7,165,957
School Bonds—
Total valuation 1905 34,176,466
4b, J&J, $100,000 c.July 1,'06-15 Assessiu't about 7<>% actual value.
4s, J&J,
40,000 c .July 1, 1916 Tax rate (per $ 1,000) 1905.$20-80
Tax Adjustment Bonds—
Population in 1900 was. ...56,987
3^8, ,)&J, $80,000 c.July 1, 1922 Population In 1890 wa*
44,126

—

.

.

Water Bonds

F&A.$100,000 o Aug.

5b,

1,

:

is

in

LOANS—

Water Bonds 1893—

County.
When Due.

4^8, J&J, $40,000 c July, 1923'26
2,500 0.. Oot., 1906-10
4>sb, A&O,
Interest is payable In Boston.

DIST.—
Bonded debt Apr. 1, 1905. $43,000
Tax valuation 1905
700,538
Assessment about ** actual value.
Population 1895 (about)
1,000

MERRIMACK
CO.— P.
County

C.

Clough, Treas.

seat is Concord.

When Due.
LOANSRkbuilding Bonds
<h»q
i*t i $15,000. Jan. 1, '06-08
d^as, J&J,£
12 ,o0O.Jan. 1, '09-11
Funding Bonds—
4b
*"'

A&O
*u

i

'i

Tot.bond.'debt Nov., 1905 $92,000
valuation 1905.. ..27,898.900
Population 1900 (Census). ..52,430
Population 1890 (Coneus)... 49,435

Tax

$5,000.... Oct. 1, 1906
60,000... Oct. 1,'07'16

MILFORD.—
F.
This town

W. Sawyer,

__,

IMs

„,

L.

city Is in

LO A N S—

„.„
Hillsborough

Treasurer.

J&J, $3,800 0. July

County.

House— (gold) —

3s,
1,

1909

1,

1906

1,

Water debt (included)
Tax valuation 1905

1921

Subject to call July 1, 1911.
Deo., 1905
3s. F&A,
2,100

Water Bonds—
3s, F&A, $20,000 c.Aug.

1,

J&J, $68,000 o...July

1921

1,

Subje.ot to oall after July 1, 1911.
Funded debt Feb. 15, '05.$149,500
Float'g debt Feb. 15, '05.
31,426
Total debt Feb. 15, 1905. 180,926

70,000
1,621,802

Total tax (per $1,000) 1905.$220O
Population in 1890 was
2,623
Population in 1900 (Census). 3,126

1921

Subject to oall Aug. 1, 1909.
F&A, $50,000 o. .Aug. 1, 1924
Subject to call after Aug. 1, 1909.
INTEREST is payable at offl oe of To wn Treasurer.
4s,

.

B. Hoyt, AndV.
PORTSMOUTH.— Chauncey
one
county
RookThis city, incorporated in 1849,

of the

is

seats of

Ingham County. The oity issued $343,000 bonds in aid of the Portsmouth & Dover RR., and received in return stook of the par value of
$344,000. Part of this stock has been sold at various times and the

proceeds applied to the payment, of the railroad bonds. When the
P. & D. RR was absorbed by the Boston & Maine, the stook owned by
the city was exchanged for stock in Boston & Maine, and these securities
are held in the sinking fund to meet the bonds when due. The High
School bonds for #100,000 were authorized by Chapter 202, Laws of
190:-), and it was provided that Section 9 of the "Municipal Bond Act of
1895," should not apply In their case.
When Due.
Ports. & Dover RR.—
LOANS—
Municipal Bonds—
4s, J&J, $160,000.... Jan. 1,1913
Water Bonds—
4s, J&J, $50,000.... Jan. 1,1909
4s, M&N,
40,000.. .. May 1, 1914 4s. J&J, $160,000. ...Jan. 1, 1907
4s, M&N,
57,000. .. .Nov. 1, 1914 4s, J&J, 165.000.... Jan. 1,1912
4s, J&J. 175,000.... July 1,1916 3iflS, g., J&J, 50,000.. ..July 1, '22
Optional after July 1, 1912.
Total debt Jan. 1, 1905. .1,194,802
4s,
$65,000 ...Dec. 31, 1912 Sink, fund & other assets 654,771
Refunding Bonds—
Netdebt Jan. 1, 1905.... 540,031
4s, ('OD, A&O, $47,000 O.Oct. 1,'24 Water debt (inoluded)
375,000
Debt Funding Bonds—
Assessed valuati'n 1905.9,377,574
4s. '04. M&S, $160,000.8ept. 1. '24 Assessment about \ actual value.
Paving bonds Tax rate (per $1,000) 1905. $28-00
5s, M&N, $25,000.. Nov.l, 1904-09 Population in 1890 was..
9,827
High School Bonds— See note Population in 1900 was.. 10,637
.

,

above.
4s,

J&D,

g,

$100,000 c.Deo 1.'23

INTEREST is payable in Boston and Portsmouth.
TAX FREE.—None of the above bonds are taxed in Portsmouth.
PAR VALUE.— Bonds are in $100, $200, $500 and $1,000 pieces,

none registered exoept $19,500 of the issue of 1884.
CITY PROPERTY.—The oity owns, in addition to the water-works
and the Boston & Maine RR. stock above mentioned, real estate,
inoluding schools, etc, which Is valued at $188,000; personal property (including fire department) valued at $47,245. The market value
of the Bi>8ton & Maino stook held by the oity on January 1, 1903,
was $165,870.
50. W. BIOK FORD, Mayor.
r^ /" T-T TT CT- T=>

D
IrCOO
C1H.^>1
This oity

Is

C
H..TC. —

}

HORACE WORCESTER,

in Strafford County.

City Clerk.

Bonds are tax

Incorporated 1S91.

LOANS—

Incorporated June
8chool Building

—

When due. Total debt Jan.

Sewer Bonds—

1,

1905.. $394,007

33,074
J&J, $7H,000c..Jan. 1,'06-17 Netdebt Jan. 1, 1905.... 360,933
($6,500 due yearly.)
Tax valuation 1905
4,185.646
Water Bonds, 1892.—
Assessment about % actual value.
4s, J&D, $190,000
June 1, 1922 Total tax (per $1,000) 1905.$20-00
Bonded debt Jan. 1, 1905.$268.000 Population in 1890 was
7,396
Floating debt
126,007 Population in 1900 (Census). 8,466
INTERESTis payable in Boston.
Assets.

3*28,

ROCKINGHAM CO.— John

K.

Bates,

County seats are Exeter and Portsmouth.
When due.
Building Bonds—
LOANS—
Court House Bonds, 1893.
4s. J&D $80.000c... June 1,1911
4s. J&J, $40,000 o....July 1, 1918 Interest is payable in Exeter.
Bond, debt Jan 1, '05. $202,500
Funding bonds -

Treasurer.

Tax valuation 1905

3Vjs.A&O,$35,000 c.Apr.,'06 to '10
35,000 0... Oot. 1,1921
3s, Oct.,

28,566,264
Population in 1890 was ...49,650
Population 1900 (Census). ..51. 118
INTEREST on courthouse and building bonds is payable at First
National Bank, Boston; on other bonds in Exeter.

SOMERSWORTH.-E.
0.
County.
is

Andrews,

Clerk.

in Strafford

When Due. Total debt Mar.
Bonds— Sinking fund

1905. $321,549
5,912
$8,000 Oot. 1, 1906-09 Value of oity property.
322,700
f
,. A «,rJ 20.000. Oot. 1, 1910-14 Assessed valuation, real. 1,804,876
48, A<BU<
15,000. Oct. 1. 1915-17 Asses'd valuat'n, pers'l. 1,527,696
63.0'iO.Oot.
1918 Total valuatiou 1905
I
1,
3,332,572
Water-Works Bonds—
Assessment about actual value.
$4.000.Oct. 1, 1906-07 Tax rate (per $1,000) 1905. $19-30
f
Population in 1905 iest.)
7,500
A*n^ 15.000 Oot. 1, 190812
48,A<BU
1
20 000 Oot. 1, 1913-17 Population 1900( Census)
7,023
1918 INTEREST is payable at Old Col1.
{ 132.000.Oct.
Bonded debt Mar. 1,1905.$28 1,000
ony Trust Co., Boston.
Floating debt.,
40,549
1,

.

.

i

ADDITIONAL STATEMENTS.

City Clerk.
Treasurer.

E.

When Due.

Refunding bonds—

When Due.

LOANS—

3s,

&a»ot.ito«u.

in Sullivan

Town Notes—
6s. J&J. $10,000 c. Mar.
Town Bonds—
5s, F&A,
$7,700 Aug.
Sewer Bonds—

A. B.

}

is

LOANS—

JONES, Mayor.
ARTHUR CYR,
NASHUA. — (WILLIAM
SPALDING,
C

This

Gen'l Indebtedness

in Hillsborough Co.

tvtac-tttta

am. U.Lewis,
NEWPORT.County.
town

This city

Bonds are exempt from taxation.
LOANS—
When Due. Bonded debt Feb. 15,'05. $120,000
Water Bonds of '91 & '93.—
Sinking fund
32,644
4s, J&J.... $65,000 July 1,1921 Total valuation 1905.... 2,050,974
Subject to call after July 1, 1911
Assessment is 75 p. 0. real value.
4b. J&J. ...$10,000 July 1,1923 Total tax (per$l,000) 1905. $1900
Schools and Funding—
Population in 1890 waa
3,014
4s, F&A, $45,000
Feb. 1, 1924 Population in 1H00 (Census). .3,739
Interest on first loan Is payable In Boston, on others in Milford
is

[Vol. lxxxi.

exempt.

1913

PAR VALUE.—Thecity'B bonds are for$1.000 each, except part of
the bridge bonds, which are for $100 and $500.
INTEREST on bridge bonds of 1881 is payable at Treasurer's offloe.
Manchester on refunding bonds of 1905 at Second Nat. Nat. Bank of
Boston; on all other Issues in Boston.

MEREDITH
FIRE
Meredith
Belknap

TOWNS.

28, 1853.

Engine
4s, F&A,g., $10,000 c Aug. 1, 1909
J&D, $15,000c.June 1, 1819 48.A&0, 25,000 c. Oot. 1, 1916
Funding Floating Debt—
3s, A&O,
60,000 c .Oct. 1, 1^23
4s, J&D, $200,000 C. 1911-1915
3'«8.«. '05,J&J,lO.OCOo July 1,'25
($40,000 due yearly on June 1.) Bond, debt Jan.l, 1905. $747,!i09

In the table below we give statistics regarding all minor oivil
divisions in the State of New Hampshire whioh have reported an
Indebtedness of over $25,000, and whioh are not represented among
the foregoing detailed reports. We add the population in 1900.
Total
Debt.

4s, g.,

)

4s, p., M&N, $100,000 May 1, '15
4s, JAJ, g., $42,508 91 o.Jan.l.'18
4s. J&J, 20,000 0.
1924

Floating debt
64,631
Total debt Jan.l, 1905..
812,140
Sinking fnud and cash.
160 352
Floating Debt, School and Netdebt Jan. 1, 1905...
651,788
Street
Assess'd val't'n, 190V. 14,675,9 44
4s, g. J&D,$200,OOOo .June 1,1913 Assessment abt. 75% actual value.
RsycNDiNG BondsTax rate (per M.), 1905.
$21-40
3s, g., J&J, $75,000 c.July 1, 1921 Est. value city property.$723,940
Population in 1900 was ... 23,898
Population in le90 was.*!!. 19^311
INTEREST on the funded floating debt bonds due from 1911 to
1915 is payable at the City Treasurer's office; on the school building
bonds due in 1909 by Blake Bros. & Co., Boston; on the $75,000 and
$bO,o.
3s at the Shawmut Nat. Bank Boston, or by City Treasurer
on all others at the City Treasurer's office, or at the National Bank 0/
tne Commonwealth, Boston.
,

.

—

$

Location
Antrim, Hillsborough Co.
Ashland, Gratton Co
Barrington, 8trafford Co.

40.589
49,922
47,^29
50.00O
Belknap County
Bethlehem (T.).Grafton Co. 61.049
Boscaweu(Tn),MerrimackCo 77,397
J

2 >,000
County
62,4*>6
Derry, Rookingham Co
Enfield I'.), Grafton Co.... f 6,612
Exeter (T), Rockingham Co. 61,400
Fariuington(T.),StraffordCo 83,155
Goffstown, Hillsborough Co. 46,894
Haverhill, Grafton Co
58,909
Hillsborough. Hillsbor'h Co. 116,273
Hillsboro Bridge Fire Dist
62,000
Hinsdale (T.). Cheshire Co.. 34,347
Cofis

(

.

Hopkinton

(T.),

Mer'm'k

Jaffrey, Cheshire

Co

A s sensed
Assets.

Co..

35,799
66,164

Tatuat'n.

$
660,048
627,78
6.206
467,115
18.95H 9,605.022
H63.722
5,067
960
629,807
42.633 15,308,388
26.634 1,628,224
685,520
7,559
16,891 3,214,697
33,313 1.125,899
4/!46 1,279,166
11,318 1,395,510
28,432 1,251,532
71,273
869,783
3,243 1,006,014
989,686
1,522
2,263 1,031,920
6,045

593

'i

fax

Popu-

Rate. lation.

2655
20-80
27-00

1,366
1,289
1,208
19,526

22-60 1,261
23 40 1,455
29,468
24-10 3,583
24-40 1,845
19-50 4,922
26 20 2,265
16-20

2410
2340

2,528
3,414
2,254

24-00

2400

i',933

16-70
18-00

1,652
1,891

:

:

VERMONT -DEBT OF

Nov., 1005
Total
Debt.

Location —

$

41

104.9^6
£5,372
Belknap Co.. 48,679

Merrimack Co

8,07v»

46 3*0
70,000
72,260

68,279
83,433
Raymond, Rockingham Co.. 34,713
70,000
Strafford Co
48,997
Sunapee, Sullivan Co
34,516
Tilton, Belknap Co
91,253
Walpole, Cheshire Co
47,403
Warner, Merrimack Co
76,081
Whitefield <T.), Coos Co
67,72o
Co
Hillsborough
Wilton.
Winchester, Cheshire Co .... 28,980
Wolfeb oro ugh, Carroll Co... 107,360
Pittslleld,

$

2420
2710
700,538 2340

1,540,363
1,2*1,672

656,940
1,321,780
5,761
813,451
640,000
16,223 1,534 905
9,176 1,214,832
1,4 06
837,212
3,280
456,832
42,719 21,HM0,434
1,096
713,956
10,325
972,383
4,651 1,707,470
2,115
714,463
1,795
647,086
3,177
977,372
7,348 1,153,779
11,457 1,166,434

85,450

....

Plymouth, Grafton Co.

Popu-

Rale. lation.

$

5.598
2,946
2,899
52,^61

M.137

Co

Newmaiket.Kootainghain Co
N*thumberland<T.),Co6sCo.
Penacook, Merrltnac Co
Peterborough, Hillsboro' Co.

Tax

Assessed
Vaiuat'n.

Asfett.

Lancaster, Coos Co
Lisbon. Grafton Co

Meredith (T ),
Milton, Strafford

;

18-00

22 00
19-70

2230
15-80
22-00
30-50

3,190
2,221
1,713
1,625
2,8f2
1,977

2250
V 39,357
i'8 70
946
2200 1,926
22-30

2,693
20 60 1,358
26-10 2,157
2000 1,696
2000 2,274
23-40 2,390

ITS

Total area of State (square miles)
State Capital
Governor (term expires Oct. 1906)
Sec. of State (term expires Oct. 19t>i)
Treasurer, (term expires Oct. 1906),

-

&c.

March

1791)

-

-

.

-

4,

1791
9,565

Montpelier
Charles J. Bell
Frederick G. Fleetwood
-

-

-

John

-

HISTORY OF DEBT.— For a brief history of the Vermont State
debt see State and City Supplement of April, 1895, pages 15
16.
The liabilities of the State on July 1, 1905, were as follows
<Jfc

LOANS—

NAME AND PURPOSE.

Interest.

'

*

Principal.
Outsland'g.

,

,

When Due.

Rate. Payable.

Agricultural College Fund....
Floating debt
State school tax to be distrib'd

6

J

&D

8

Junel,1910.$135,500 00
202,70185
142,257 3^
109,487 05

do highway do
do
5
NT ER EST is payable at the State treasury.
TOTAL DEBT, Etc.—The total debt of the State on July 1, 1905,
was $589,946 26. On July 1, 1905, cash on hand and in banks was
$416,694 94.
I

ASSESSED VALUATION AND TAX RATETears.

Real.

-Assessed valuation.Personal.

Total.

STATE.

State tax
rate per M.

$127,993,677
$59,838,143
$187,331,820
None
126,473,245
59,410,331
185 883,576
None
1903
125,350,298
58,239,951
183.590,249
None
1902
120,831,099
$0*75
59,828,165
180,659,264
19(>1
119.7-3,775
0-75
59,231,217
179,014,992
1900
118,950.024
1-00
58,293,598
177,243,622
1898
0-50
116,141,979
58,621,654
174,763,633
1-20
1895
112,099,284
61,700,471
173,799,755
1890
112,895,125
65,157,388
178.052,513
There was no direct tax for State purposes levied in either 1903 or
1904. A tax of * I -SO per $1,000, however, consistingof aStatesohool
tax of 80 cents and State highway tax of 50 cents was collected and redistributed to towns on a basis of the number 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 $1 per $1,000.
DEBT LIMITATIONS.—There appears to be nothing in the Constitution or in the Statutes of Vermont providing a general limit to the
debt-making power of municipalities. Whatever in each case the Legislature authorizes, the city, town, county or other civil division can
issue. Of course the purpose of the improvement must be of a public
character. Railroad subscriptions by towns are authorized by Section
3102, chapter 141 of the Revised Statutes of 1894, the section being as
19()5.
190J:

-

follows

Section 3102, A town may aid in the construction of a railroad organized under the general law by issuing bonds to aid such railroad,
by taking capital stock therein, or in such other manner as it directs,
but the liability so assumed shall not exceed eight times the grand list
of the town at the time. Such aid shall be given as provided in this
chapter.
It will be noticed that this section contains a limit to the power
granted of making subscriptions in aid of railroads— to wit That the
subscriptions shall not exceed eight times " the grand list." To evolve
the " grand list " in Vermont, the authorities first prepare a schedule of
all the property, real and personal, of each individual, with valuations
entered at their real value in money, deducting debts owing after this
is done " the grand list " is made up by taking one per cent of that
amount, according to Section 360, Chapter 26, of the Revised Statutes
of 1894, which is as follows: "All r*-al and personal estate shall,
"except as otherwise provided, be set iu the list at one per cent of its
" value in money on the first day of April of the year oL its appraisal. '»
Following Section 3102, above cited, which authorizes subscriptions
In aid of railroads, are other sections describing the method in which
these subscriptions must be made, by calling a town meeting, voting,
&c, <fec. Then follows Section 3108, authorizing the issue of bonds.
Section 3108. Such town may issue bonds, with coupons payable
semi-annually, to aid such road.
The, only other general authority granted for the issue of bonds by
municipal corporations in Vermont is that given for refunding outstanding bonds and notes, and for road making apparatus. The Sec
tions which grant these powers are Sections 3111 to 3120, inclusive,
Chapter 141 of the Revised Statutes of 1894. 8ection3111isasfollows:
Section 3111. A town which has outstanding and unpaid orders,
notes, bonds or coupons lawf uliy issued, may issue other negotiable
notes or bonds to pay or retire the same.
Sections 31 i.2 to 3115, Inclusive, give the method of issuing suoh
bonds.
By Section 3116 municipal corporations other than towns have the
flame refunding powers granted them whioh are conferred upon towns
by the two sections last above cited.
:

;

17

Section 3118. A town, city or incorporated village may issue bonds
an amount not exceeding ihree times Its grand lisi.for the purpose of
purchasing road-making apparatus and for building permanent big hwayn within the the limits of suoh town, city or village.
8eotlons3119and3120 provide for the method of issuing snob, bonds.
The only other section which we need quote is Section 3083 of
Chapter 139, which names the objects for which towns may vote money.
If money is appropriated for any other object, the Charter or a special

to

must be looked to for the authority.
Section 3083.—Towns may vote such sums of money as they deem
necessary for the support of the poor, for laying out and repairing
highways, for the prosecution and defense of the common rights and
interests of the inhabitants, and for other necessary incidental town
expenses.

POPULATION OF STATE— United States Census.
1900
1890
1880
1870

343,641
332,422
332,286
330,551

I

1860
1850
1840
1830

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

I

I

j

I

1820
1810
1800
1790

235,981
217,895
154,465
85,425

SAVINGS BANKS INVESTMENTS-PRIVILEGES AND RESTRICTIONS.— The provisions of law relating to savings banks are

be upon real estate in this State"— that is Vermont. A proviso adds
that only 60 per cent of the assets may be invested in mortgages on
real estate outside of Vermont
If the investment is on mortgage of
unimproved or ucproductive real estate the amount of such investment is limited to 40 p. c. Sections 4097 and 4098 relate only to obtaining and paying for insurance. Section 4099 is as follows, and has
reference to investment on personal security
Section 4099—No loans or investments on personal security shall be
made except upon at least two approved names, not less than two of
:

Bacon
Wednes- whom reside in this

L.

Legislature meets biennially in even years the first
day in October, and length of session is not limited.

;

:

found in Chapter 174 of the Vermont statutes, Sections 4066 to 4131
Inclusive, as amended from time to time. The first section having reference to investments is Section 4096, which treats of real estate
mortgages. As amended in 1904 it authorizes the investment of 80
p. c. of the assets in such mortgages, one- sixth at least of which " shall

State of Vermont.
Admitted as a State (Act February 18

;

statute

2,527
2,129
1,972
1,100

T-Town.

DEBT, KESOURCES,

;

State or within fifty miles of the institution

making

such investment, and such personal loans or investments shall not be
for a longer time than one year; and not more than one-third of the
assets of a savings bank, savings institution or trust company shall be
invested in personal securities.
Section 4100 only covers a single point; that is to say it restricts to
five per cent of the deposits the amount which a savings bank may
invest in the lot and building for the transaction of its business, and
adds that a revenue may be derived from portions of the building not
required for the bank's use. The next section (Section 4101) covers
the most important of the provisions relating to investments that are
contained in the law. Wegive the section in fullbelow. The separation
into paragraphs and the figures in parenthesis which number and begin
the paragraphs are our own.
Section 4101—With the foregoing exceptions, the moneys deposited
in Savings Banks, Savings Institutions and Trust Companies, and
the income therefrom, shall be invested only as follows
(1.) In the public funds of the United States, or public funds for the
payment of principal and interest of which the faith of the United States
pledged;
In the bonds or notes of the counties, cities, towns, villages and
school districts of the New England States, New York, Pennsylvania,
Ohio, Michigan, Indiana, Illinois and Iowa;
(3.) In the stock of any national bank in the New England States,
New York and the cities of Detroit, Chicago, St. Paul and Minneapolis
in the stock of any banking association or trust company incorporated
under the authority of and located in this State
(4.) In the municipal bonds, not issued in aid of railroads, of
counties, cities and towns of five thousand or more inhabitants in the
States of New Jersey, Wisconsin Minnesota and Missouri, and in
counties, cities and towns of ten thousand or more inhabitants in the
States of Kansas, Nebraska, North Dakota, South Dakota, Oregon
and Washington, but no investment shall be made in any of the
counties, cities or towns in the States above named, except in cities
of fifty thousand or more inhabitants, where the municipal indebtedness of such county, city or town exceeds five per cent of its assessed
valuation, and when not issued in aid of railroads
(5.) In the school bonds and independent school district bonds of New
Jersey, Wisconsin, Minnesota and Missouri; and in the school bonds and
independent school district bonds of school districts of two thousand
or more inhabitants in the States of Kansas, Nebraska, North Dakota,
South Dakota, Oregon and Washington, where the amount of such
bonds issued does not exceed five per cent of the assessed valuation of
the respective cities, towns and school districts.
(6.) In the publio funds of any of the States named in this section;
in notes with a pledge of any of the aforesaid securities, including deposit books or deposit receipts, issued by a savings bank, savings
institution or trust company or banking association located in this
State, as collateral, such notes not to exceed the par or market value
of such security
(7.) But no savings bank, savings institution or trust company shall
hold, by way of investment or as security for loans, more than ten
per cent of the capital stock of any one bank, nor invest moid than ten
per cent of its deposits, nor more than thirty-five thousand dollars in
the capital stock of any one bank; and no such investments shall be
made in the capital stock of any such banks, owned or loaned upon, to
exceed in the aggregate one-fourth of the deposits of any savings bank,
savings institution or trust company.
The amount of loan which can be made to one person or corporation
&c, is restricted by the next section, and we give it in full. It is as
follows:
Section 4102—No savings bank, savings institution or trust company
shall loan to any one person, firm or corporation, or the individual
members thereof, more than five per cent of its deposits, nor more
than thirty thousand dollars; nor shall such loans on personal security
exceed ten thousand dollars, until its deposits amount to one million
dollar^, after which the sums so loaned may be increased one per cent
of the deposits in excess of the one million dollars; but this seotion
shall not apply to United States bonds or municipal bonds, or notes
with such bonds as collateral.
We also give Section 4106 in full. It confers authority upon savings banks to make deposits on call in banks and trust companies in
is

(2.)

certain States and cities,

and

is

as follows.

Section 4106.—The words "trust company" in this chapter shall be
construed to include savings banks and trust companies. A savings
bank, savings institution or trust company may deposit on call in
banks, banking associations or trust companies in this State, or in the
cities of New York, Boston, Chicago, Albany, Philadelphia, or Concord,
New Hampshire, or in any other legal designated depository under
the laws of the United States, or in national banks -a the cities of
St. Paul, Minn3apolis and Kansas City, with or without interest, as
may be agreed upon, sums not exceeding in the aggregate twenty per
cent of the assets of such savings bank, savings institution or trust
company.

—

.

MASSACHUSETTS-DEBT OF STATE.
acquired MORRLSVILLE.— C.
Section 4107 enacts that savings banks may hold
must be
but
on foreclosure or otherwise taken
secure

[Vol. lxxxi.

18

real estate
sold
it
debt,
within five years, unless certain prescribed steps are taken, when an
extension may be granted by the Inspector of Finance for not exceeding three years additional. Section 4108 authorizes savings banks to
to

demand and

receive on loans 6 per cent interest.

Counties and Towns

Cities,

THE

IN

STATE OF VERMONT.
Note.- -For places not given in alphabetical order among the following
statements, see additional statements" at the end of this State.

James Mackay,
BARRE.
Washington County.
This
city is in

When Due,
LOANSRefdnding Bonds, 1896—

M&N,

4s,

M&N,

4s,

15.000

(Subjec? t

>

call after 1914.)

Sewer PO>n>s—
J&J,

4s,

.t>

75,000. ...Jan. 1, 1909

Water Bonds—

1906-1925 Tax rate (per $1,000) 1904 $2 00
J&D, $100.000
8,448
J&D, 35,000.. ..June 1,1914 Population in 1900 was

4s,
4s,

C' maiis« O

n

Stafford, Treas. Water &

Is in Lamoille

<-r>.

Population in 1890
4,146
on refunding bonds is payable at the National Bank of
Redemption of Boston; on other bonds at National Bank of Barre.

INTEREST

Total debt A pr. 1 1905 .
41 ,200
Feb. 1, 1910 Total valuation 1904
641,196
Feb. 1, 1915 Assessment about *3 actual value.
Feb. 1,1920 Tax rate (per $1,000) 1904. $17-00
Bond, debt Apr. 1, 1905. .$34,000 Population in 1900 was ..
1,262
INTER EST is payable at the Nat Bank of Redemption, Boston.
,

Wm H Kldridgb
PROCTOR.—
This
Rutland County
village

Population 1890
20,148 Population in 1900
payable in Bennington.

INTEREST

is

BRATTLEBORO.-W.
Windham County
town
This

Is

LOANS-

1,1906-'14
f $18,000 Jan.
30.000 Jan 1.1915- 24
j
<j a
is
1
ds,j«Bj,s
40.000. Jan 1. 1925 '34
10.000. J^n. 1. 193-i
(Unriaiil bonds subject to call after
Dec. 31, 1909.)
INTEREST is payable at Village

When Due. Total debt Mch.

LOANS—

Bridge Bonds—
J&J, $15,000 «

Treas'r.

...July 1,

1905. $82,000
Total valuations 1905. 5,054,733
Assessm't about 60% actual value.
Total tax rate (per M) 1905. $17 90
Population in 1900 was
6,640
Population in 1905
7,482

1918

A&O, 2^,000 c.AprU 1. 1923
(optional after April 1, 1913.)
Town Hall & Fund'g Bo«db—
J&J, $38.000

INTEREST

Brackett,

"ii

town

1906-1918
bonds

hall

payable in

Is

1,

New

York; on other

issues in Brattleboro.
t-, tti->t TTvrr-Tr^ lvr
l^> IN
irSUrtl_llNL*l

.

—

s

jam es

\

L

.

c.

in Chittenden County.

This city is
{$150,001' electric-light bonds

When Due.
Street Improvem't Bonds —
20,000
30,000

J&.I,
4s,
3ia8. J&J,

191
.

July

1,

4s,
4a,

RUTLAND.—
Will. L.
town and county

-s,
4s,

School Bonds—

$30.000.. .Apr.
J&J, 20.000 .Jan.
4 8,
A&O, 25,000. ..Oct.
3J*e, J&J,
85,000. ..July
J&I),
25,000.. .Deo.
3^8,

M&N.

3*28,
4s.'04.

J&J

1,
1,
l,

1,
I,
3-,000...May 1,
38,000. ..July 1,

1913
1914
1915
1923
1924
1921
1934

WaTkr Bonds—

1,
1,

1906
1914

(Subject to call after Apr. 1, 191 1.)
'i)4. A&O. 87,000. Sept. 1 1929
Bond, debt Oct. l,'o5.. $870,000
108, s 78
Sinking fund assets
Net debt
761.122
t. 1, 1905..
Assessed valuat'n 1905.14.377,835
Asse.ssm't about 5% aotual value
Tax rate (per $1,000) 1905.$1500
4s,

|

|

14,r90
Copulation in 1890 was
1919 Population in 1900 was
18,640
INTEREST on the refunding water bonds due in 1906 and on the
refunding railroad bonds is payable aft the Fourth National Bank,
New York on all other bonds at the ottice of the City Treasurer.
SINKING FUND— The sinking fund is invested in city bonds, and
the interest amounts annually to about $6,000. In addition 5 per cent
of the taxes, amounting to about $6,000, is annually appropriated to
4b,

J&J. $65,000

I

Jan.

1,

|

;

the sinking fund.

FAIR HAVEN.— Wm
This
village is In

LOANS—

When Due.

Water and Sewer Bonds—
J&D, $50,000

June 1 1923
(Optional after June 1, 1913.)
Interest pavable by VII. Treas.
Bonded debt Mar. 1, 1905..$5u,000
4s,

F.

Walker, Toamrer.

Rutland County.

c

,

Floatingdebt

$8,000
1,507,000
Viliaeetax (per Mi. 1904... $4-50
Total tax (per $1,000) '04.. -.19-50
Population in 1900 was
2,470

Tax valuation 1904

MIDDLEBURY. —Middlebury town, including
lage of the

the

vll-

same name, is situated in Addison County.
E. PINN EY, Town Tr'r.
VILLAGE.— O. E PINNEY.Treas

TOWN - C.
LOANS-

W/ien Due.

A <\0, $20,750o
.1905-1917
Bonded debt Mar. 1, 1905. $20, 750
Floating debt
3,143
Tax valuation, 1905
2,004,7(10
Assessment about 2 3 actual value.
Total tax per $1,000 1904. .$12-50
Population 1890
2,793
Population in 1900 was
3,045
4s,

Water Bonds—

4s,
4s,

J&J, $30,000

M&N, 50,000

(Subject

t<

call

c

.

1921
1, 1941
1M21
1,
1905 $90,500

.May

May

Bonded debt Mar 1,
Tax valuation 1904

)

1,331,794
Assessment about 2, aotual value.
Tax rate (per $1,000) 1904. .$20 00
Population 1890
1.762
Population in 1900 was
1,897

MONTPELIER.-T.
The

city is situated in

B. Merrill, Treasurer.
Washington County. On March 5, 1895, the

town, village and school district were consolidated under a oity charter
When Due.
Street Bonds—
LOANS—
School bonds
4s. F&A, $11,500
1917
315, A&O, $30,000 ... Oct. 1, 1920 Bonded debt Feb. 1,1905.$131 ,000
(Bubjeol to oall after Oct. 1 1910.) Floating debt
13,500
Total debt Feb. 1, 1905.. 144,500
Funding Bonds—
1917 Sinking fund
28.500
4b, J&J. $17.500
Tax valuation 1905
Bridge Bonds—
5,669,817
3
3i B A&O, $15,000 ...Oot. 1, 1920 Assessment about 4 actual value.

—

,

Total tax (per $1,000) 1905. $1500
Valueof water-wks.owneu. 150,000
do other real est. owned. 116,500
4s, A&O, $40,000 ....Apr.l, 1919 Population in 1890 was
4,150
(Sub)ect to call arte 1904.)
Population in 1900 was
6,266
INTEREST is pa»rble at the Treasurer's ottioe.
(Subject to call alter Oct. 1, 1910.)

F&A, $17,000
Refdnding Bonds—

1917

4s,

•

Davis, Treasurer.

a

a

is in

of the

same name. Incorporated

Nov. 19, 1892.

LOANS—

School Debt—

When due.

—

City Hall Bonds
3is8.g.M&S,$20.000e.Sept.l, 1931

June,1926

J&J, $25,000c

4g,
4k.

3^8, J&J, $30,000c
4s,
M&N, 2.000

ST.

Jan., 1929

Nov., 1925
largely payable at

ALBANS.— B.

M&N, $30,000e...l909 to 1919
($10,000 due every 5 yrs. in Nov.)
4s, M&N. $30,000c
May, 1925
4s, M&N.
5,000
Nov., 1925
Bonded debt Jan., 1,'05.. $507,000
Floating debt
24,915
Total debt Jan. 1, 1905.. 531,915
Sinking fund, etc
86,032
Net debt Jan. 1, 1905. ... 445,883
Asse»-'d valuation, real 5,797,804
Ai-Bes'd valuation, pers'l. 1,608,473
Total valuation 1904 .. 7,4' 6,277
Total tax rate (per M.), '04 $16-00
KopuUton 190 (est.)
16,000
Population in 1900 was
11,499
Nat Bank of Redemption, Boston.
4s,

General Debt—

4s,

M. Hopkins. City Treasurer.

Franklin County. This city was organized March 2,
1897, and comprises the most populous portion of the town of St.
Albans.
When Due.
Water Bonds— (Con.) —
LOANS—
Permanent Impt. Bonds 4s, A&O, $23,000.. Oct. 1, 1906-*17
4s, Nov., $7.000.... Nov. 2, 1923
($2,000 due yearly.)
.....
May 2, 1924
School District Bonds—
4s. May, 7.000
Town Refunding Bonds (city's 4s. J&D, * 17,000. Dec. 30, 1905-'21
proportion)—
Sidewalk Bonds—
1925
3^8, J&J, $7,8^3 10 ...Tuly.'Od "07 4s, 'o5. *7.O"0
Town Fondino BondsFunded debt Feb. 1,1905. $163,089
Is. F&A, $35,000..Feb. 1, 1908-'ll Assessed valuation 1904.3,587,565
Water Bonds—
Assessment about aotual value.
This city

4s,
4s,

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

4s,

Electric Light Bonds—
1,1934

A&O,

J&J. $160,000.... Jan.
J&J,
30,000
Jan.

Refunding Bonds—

S

1923

4s, 04, ,i&J.*58,000.. July

4s,
4b,

Incorporated, Feb. 21, 1865.

Refunding Water Bonds—

$40,0(10.. July,1917'18

J&J,

4s,

e. burke, Mayor.
GRANT. Treasurer.

have been voted; $58,000 issued]

LOANS-

Total valuati in 1904.. ..1,188,822
Total tax (per -1,000) 1904.*16 00
Population in 1900 was
2.013
Treasurer's ottice.

I

This city

Troaenrer

Bond debt Mar. 15, 1905. $98,000
Other de>t
15,808
Total debt Mar. 15, 1905.. .113,808
Tax valuation, real
1,036,150
Tax valuation, personal. 152.672

When Due.

Water and Sewer Bonds—

INTEREST is

in

4s,
3s,

4s,

II.

6,391
8.033

was

.

in

is

'

$100,000

'05

.

F&A, $10,000
F&A, 10,000
F&A, 10,000

BENNINGTON.—
1,

$7,200

Water & Elec.-Light Bonds—

4s,
4s,
4s,

M&N, 100.000c
May, 1924
M&N, 50,000c
Nov., 1924
Water Debt—
C. H. Dewey, T'ea»nrpr.
May, 1924
4g, M&N, $50,000c
"
County.
additional
Bennington
(See
statements"
in
A shire town
Nov., 1924
4g, M&N, 65,000c
Bennington.)
of
for village
Sewer Debt—
When Due. Total valuation, 1905. $4,942.^ 45 4g, M&N, $25,000c
Nov., 1924
LOANS—
Assessment 60 p.o actual value. 4g, M&N, 75,000c... May 1,1924
Refunding Bonds—
$22 50
4s, J& J, $100,000 c. July 1, 1917 Tax rate (per M) 1905
Refunding Water Debt—
Bonded debt Feo.
Floating debt

County.

When Due. Floatingdebt

LOANS—

I

I, 1920
1, 1915
1, 192,2

(Optional after Jan 1.1918)
Bonded debt Jan. 1, 1905.$40 ,500
Sinking fund ...
31,888
Water debt (included)... 225,000
Tax valuation 1904
4,33^,703
Assessment about 23 actual value.

.1919

57 500 ....July

4s,J&J,

Water Bonds— (Con.)—
Ian.
3Vj. J&J, $25.000
subject to call Jan.
313s, J&J. $60.000... July

,

May 1, 1906
May 1.1911
May 1, 1916

$15,000

4s,M&S, 15.000

Treasurer

,Lr

is in

A&O,

Tax

J&D,

Population 1900 was

$20.000.. Oct. 1, 1906 '09
33.000. Deo. 1, 1905-»11
($5,000 due yearly.)

2000

rate (per M.) 1904

6,239

INTEREST is payable in Boston at National Bank of Redemption.
CITY PROPERTY.— The City owns its water works and two

In year
reservoirs, with a dual capacity of 240,000,000 gallons.
1904-05 cash water receipts were $17,116; disbursements, $8,728.

VERGENNES.This city

is

HARVEY KET' HAM,
!

J. A.

Mayor.

HARRINGTON, Treasurer.

situated in Addison County.

When Due.

LOANS—

W

above) .$49,400
834,938
4s, Aug. 1, $26,000 c June 1, 1908 Assessment about % actnal value.
4s, Sept. 1, 20,000 e.Sept. 1,1914 Tax rate (per $1,000) 1905 .$15-50
Floatingdebt
$ ',190 Popula'n in 190 5 (est.) was. 1,800
Total debt Oct. 15, 1905. 55.190 Population in 1900 was
1.753
Interest on bonds due in 1908 is paid by the City Treasurer; out hose
due In 1914 interest is paid in Boston.

Water Bonds—

terdebt

Tax

(incl

valuation, 190=>

ADDITIONAl7~STATEMENTS.
we

give statistics regarding minor oivil divisions
of over $25,000, and
which are not representea among the foregoing detailed reports. We
add the population in 1900 according to the United States Census.
«
Tax Pop'l'n
Bonded float' g Assessed
valuation, rate.
1900.
debt,
debt.

In the table below

In the State of

Vermont having an indebtedness

$

$

$
$
2350 5,656
800,000
453,155 25-00 1,129
500,000 11-50 1.141
363,494 30 00 1,334
Hardwick, (V.) CaledouiaCo 46,000 None.
984,233 1500 2,042
Ludlow, (V.\ Windsor Co
35.000 4,469
3-80 1,454
747,0*0
Ludlow, (V.) Windsor Co
47,000 1,^85
Newport. (V.) Orleans Co
40,000 6,240 1.157,000 IS 00 1,874
9 50 1,874
Newport Acad. & <-»rad. S. D 26,500 None. 1,161,737
825,000 23-60 1,508
NorLiifield. (V.) Wash'ton Oo
30.000, Noue.
Springfield (V), V> innsor Co 175.000 15,325 1.677,563 1450 2,040
63.000 6,000 1,334.545 14 00 3,745
Swantou, (T.) Franklin Co
1,680.457 1--80 2,934
"Vfist Rutland (T.),Rutla'd
o. 24.000 None.
Wlnooski(V ), Chittenden Co. 68,000 27,000 1,062,000 21-50 3,783
Bennlngton,(V.) Benning. Co. 2H.000 19,000
55,000
;o
) Addlron
39,000 3,991
Concord (T), Essex Co
«(»0
Essex Jo. (V.) Chittenden Co. 42,500

2,989,591

Bristol, (V

.

V.— Village. T.— Town.

State of Massachusetts.
its

DEBT, RESOURCES,
Admitted as a State

Etc.

... ....
One

of Original Thirteen

Total area of State (square miles)
State Capital
Governor (term expires 1st Wed. Jan., 1006)

8,315

Boston

"Wm.

L.

Douglas

Secretary of State (termexp. 3d Wed. Jan.. 1906) Wm. M. Olin
Treasurer (term expires 3d Wed. Jan., 1906) Arthur B Chapin
Auditor (term expires 3d Wed. Jan. 1906), Henry E. Turner
Legislature meets annually the first Wednesday in January,
and sessions are not limited as to length of time.

:

MASSACHUSETTS-DEBT OF STATE.

Nov., 190H.

HISTORY OF DEBT.— For

history of the State debt see State
of April. 1895, page 18. The debt at present is
given In detail in the following table. All loans are payable, both principal and interest, in gold.
Interest.
Principal.
—
LOANS"
P.Ot. Payable.
When Phie. Oulsland'g.
NAME AND PURPOSE.
Nov. 1, 19*23 $1,000,000
Abolitionof grartecros3lngs..r 3H!gM &
do
o
Nov. 1, 1923 3,500,000
do
r 3 g
Nov. 1, 1923
do
500,000
do
do
r 3*s
May 1, 1928 1,500,000
do
N
r
3
May
do
&
do
1, 1929
1,500,000
g
r 3»«
A
May 1, 1929
do
300,000
do
gold.
r
Sept.
1918
bonds,
3g
1,
833,000
'Armory
r 3g
Sept. 1, 1920
do
do
55,000
do
r 3g
Sept. 1, 1921
do
do
95,000
do
r 3g
Sept. 1, 1922
do
100,000
do
do
Sept. 1, 1923
r 3g
110,000
do
do
do

and Citv Supplement

,

>

,

N

3*»gM&N
M& N
M& N
M
M N

do
do
do
do
do
do
do
do
do
do
do

M&S
M&S
M&S
M&S
M&S
3g M&S
3g M&S
3g M&S
3i2gM & S
3 n M&S
3>2gM&8
3<*gM&S
3g M&S
3g M&S
3^ g M & 8
3 * MAS
&J
3*2 g
3*2 g J & J
S^gF&A

1, 1925
Mar. 1,1927
Sept. 1, 1931

150,000
320,000
r
38,000
..r
Sept. 1,1931
125.000
Mar. 1. 1932
r
75.000
Sept. 1, 1931
'04r
15,000
Sept. 1, 1934
6O.0
'04r
Sept. 1,192 4
'Oir
13,000
r
Sept. 1, 1934
65.000
Mar. 1, 1935
'05r
30,000
1
r
Mar. 1, 1935
10 000
J
Jan. 1, 1944
r
250,000
Basin.
4< 0,000
Jan. 1.1945
do 1905. e&r
Aug. 1, 1913 5,000,000
FItchb. RR. securities,'93..c<fcr
Jan. 1.1937
r 3^ J & J
500.000
Harbor Improvement
r 3*2 g A & O Apr. 1, 1920 1,300,000
Highways, gold
April, 1927
r 3Hs
700,000
do
do
Apr. 1, 1928
3ut>,o00
r 3^
do
do
Apr. 1, 1929
r 3g
400,000
do
do
Apr. 1, 1930
r 3s
400.000
do
do
Apr.
r 3r
3r.0,000
1, 1931
do
do
Apr.
1W32
10,000
r 3g
1,
do
do
O
Apr.
1932
A
&
065,000
r
3'f
1,
do
g
do
r 312 « A & O Apr. 1, 1^33
400.0»0
do
do
1905. c&r 3^ g A & O Apr. 1, '06 30 250,000
do
do
Nov. 1, 1925
r 3 s
332,500
Hospital loans
Nov. 1, 1925
r
128,000
do
So
May I, 1929
r 3g
110,450
do
do
May 1, 1929
7-4.000
r
do
do
May 1, 1933
r 3i2gM&N
200,000
do
do
Nov. 1, 1931
721,600
Prisons and hospitals loans, r
Nov. 1, 1931
200,000
..r 3
do
do
0I2
N May 1, 1933 746 6^0
..r
do
do
g
May 1, 1934
'04 r 3^g
507.250
do
do
May 1,1934
300,000
do '05.c*r 3 -sir
do
700,000
Medneld Insane Asylum, g.'94r 3*2gA&0 Apr. 1,1924
'95r 3*2 g A & O Apr. 1,1915
300,000
do
do
3i«
April,
1927
174.300
r
A & O
do
do
3i2g
Apr
1,1933
165,500
do
r
do
'04
Apr.
1934
1,
10*,000
r
do
do
3-tg
Apr. 1,1928 1,000,000
Massachusetts War loan 189Sr 3
Apr. 1, 1928
135,000
do
1899r 3
do
Apr. 1, 1928
95,000
do
1900r 3
do
Apr. 1, 1928
10,0<
do
r 3g
do
Jan. 1,1930 5,835,000
r 3g
'Metropolitan sewer
26=>.0fi0
do
J July 1,1930
r 3g
do
Mch. 1,1935
r 3g
500,000
do
do
Jan., 1930
295,000
r 312
do
do
Mar., 1935
339,000
do
do
r Sh
July 1,1939 1,010,912
do
r 3g
do
14.0
8 July 1. 1939
do
do
Mar. 1.1936
65,000
do
r 3g M
do
3i<2gM&8
July 1, 1940 3,586.000
do
r
do
Jan. 1, 1943 1,246,000
do
do
r 3^
250 000
July 1, 1943
do
do
3>a M & S
do
'04r3ygM* S July 1, 1944 392.000
do
Jan. 1,1934 1,«00,000
r 3^gJ & J
*Parks (Metropolitan)
Jan. 1, 1936 2.600,000
do
do
r 3*sgJ & J
312
Jau. 1, 1937 2.400,000
&
J
do
r
J
do
do
do
r 313
J & J July 1.1938 1,100,000
July 1,1939 1,005,000
do
do
r 3g
POO.OOO
July 1,1939
do
do
r 3
July 1, 1940
325,000
do
do
r 3g J & J
450.000
Jan. 1. 1940
do
r 3Hs
do
J & J
Jan. 1,1941
750,000
do
r 3g J & J
do
100,000
Jan 1,1943
do
r 320
do
2f5,000
Jau. 1,1943
do
do
r 3^
July 1, 1943
490000
do
do
r 312
t>00,000
do
Jan 1,1944
do
...r 313
6~0 000
Jan. 1, 1945
do
do
190-.c&r 3*2 g J
Apr. 1,1909 2,500,000
State House construction.... r 3g
550,000
Apr. 1, 1915
do
do
....r 3 g
do
Apr. 1, 1916
625,000
do
do
„..r 3iag
do
125,000
do
do
do
r 3
A & O April, 1917
50,000
Apr. 1, 1918
do
... r
3
do
do
305,000
Oct. 1,1918
State House
r 3
Oct,. 1 1918
60, 00
do
do
r 314 J & J
3(>o,Oou
Oct. 1,1918
do
do
r 34s
230,<>0»
do
do
04r 3i*gJ & J Oct. 1,1918
"Water loan (Metr'p'litan)'95o 3Hig J
July 1, 1935 7,000,000
July 1, 1935 6,000,000
do
do
'97c 3isg
do
Jan. 1, 1938 4,000,000
do
'98o 313
July 1,1939 4,0o0,0oo
do
do
'O^-'OO c 3g
Jan. 1. 1941 6,900,000
do
do
1901 c&r 3g
do
....
Jan. 1.1941 3,100.000
do
r
do
do
Jan. 1, 1942 3.5O0,00o
..1902r 312 g J & J
do
do
Jan. 1, 1943 2,000.000
r 312
do
do
Jan. 1, 1944 2,000.000
r 313
650.000
_do
Jan. 1, 1945
do 1905 c&r 3*s

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
*Charles Biver
do
do
do
do
do

......r

r

.

Sept.

A&O

A&O
A&O
A&O
A&O
A&O

M&N
^gM&N
M&N

3^gM&N
S^gM&N

M&N
M&
M&N
M&N

.

A&O
A&O
A&O
A&O
A&O
A&O
M&S
J&
M&S
M&S
M&S
M&S
3fgM&
&S

MAS

J&J
J&J

J&J
J&J
J&J
J&J

,

&J
A&O
A&O
A&O
A&O
A&O
A&O
&J
J&J
J&J
J&J
J&J
3iagJ&J
J&J
J&J
J&J

Nominal or contingent debt except "parks," of which $2,242,5^0
a direct state obligation. See below.
PUBLIC SALES OF BONDS— A bill passed the Legislature in 1904
directing the Treasurer to advertise all future sales of State bonds
instead of disposing of the same at private sale, as had been the
practice for several precious vears. (V. 78, p. 1565).
PAR VALUE OF BONDS.— The coupon bonds are in $1,000
pieces and the registered $1,000 and upward.
INTEREST on all sterling bonds is payable by Baring Brothers
London; on all others at State Treasury, at Boston.
*

is

TOTAL DEBT. SINKING FUNDS,
Nov.
1,

1905. Jan.

Tot. funded debt $98,194,162
Sink, funds, etc.. 23,822,8-8

Net debt

:

i

$74,371,274

1,

Etc.-

1905. Nov. 1,1904. Jan.

1,

1904.

$95,799,102 $95,759,162
21,464,032 20,649,662

$91,283,912
19,918,042

$74,335,130 $75,109,500

$71,365,870

The above debt is of two classes: the Direct Debt for the payment of
which the Commonwealth is directly and entirely responsible; and the
Nominal or Contingent Debt, for which the Commonwealth has loaned
her credit to suudry oities and owns for various purposes, the payment of which is guaranteed by sinking funds (sufficient to pay the
debt at maturity) provided by a direct annual tax on the oities and
towns for which the debt has been incurred. On Nov. 1, 1905, these
classes and the sinking funds applicable thereto were as follows

Direct Debt.

Bonded debt

... S8T1.

Sinking funds,

...

569,750 00
17,302,965 33

1!)

Nominal

Debt.

$66,-;24,41'-'

00

6,519 923 21

Onvnd Vital
4.162 00
23,822,888 54

898,1

$60,104,488 79

$74,371,273 46

ASSESSED VALUATION.— The State's assessed

valuation haw been

$14,266,784 67

Netdebt

of State property in 1905 was $32,582,883 84
Personal Property.
Total.
Heal Estate.
$2,*55,33L32S
$1,550,227,757
$4,105,561,085
1904
2,50*- ,720,3«2
1,688," 1*, 393
4,194,538,735
1903
1,673,442,218
2,434,898,295
4,108.340,513
1902
.4.9HI.M78.499
1,611,326.303
2,370,550,196
1901
1.562,983,089
3,878,671,070
2,315,687.381
1900
1,304.518.417
3,260.352.523
1,964,834,106
1895
1,013,077,330
2, 61 3,215,137
1,600,137,807
1890
827,043,710
2,115,037,609
1885
1,287,993,899
816,695,358
1.927,855,430
1,111.160,072
1880
$4,000,o0o.
The
to
larger
amounted
portion
The State tax for 1905
corporations,
from
national
is
derived
bankrevenue
the
of
State's
stoolts and savings bank taxes.
POPU LATION OF STATE.— Massachusetts has the largest population of any of the New England States.
1,231,066 1820
523,287
1905
2.998.958 1860
994.514 1810
1900
472,040
2,805,346 1850
42'/, 845
737,699 1800
1890
2,238.943 1840
610,408 1790
378,787
1880
1,783,085 1830
1870
1,457,351
DEBT LIMITATIONS.— There seems to be no provision in the Constitution of Massachusetts limiting the power of the Legislature to
create State indebtedness, or limiting its power to authorize municipal
indebtedness. Statutes general and special have, however, been passed
on this subject with respeot to Cities and Towns. All of the general provisions are found incorporated in Chapter 27 of the Revised
Statutes, edition of Jan. 1, 1902. The important sections of this
chapter are cited below:
Section X— Cities and towns shall not incur debts, except in the
manner of voting and within the limitations as to amount and time
of paymeut prescribed iu tnis chapter.
Section 2— The indebtedness of a city or town under the provisions
of this chapter not inconsistent herewith shall be its net indebtedness*
as delined in clause twelve of section live of chapter eight; but debts
created in aid of railroad corporations, except as herein otherwise
provided, and water scrip, issued by a town under special statutes for
the indebtedness of a tire district, and all other debts excepted by
general or special statutes shall be excluded.
"For mtaning of "net. indetttednest" si* bottom of page 20.
Section 3 A city shall not become Indebted in an amouat exceeding two and one-half per cent on the average of the assessors' valuations of the taxable pi operty therein for the three preceding years,
the valuation of eaeh year being tirst reduced by the amount of all
abatements allowed thereon previous to the last day of December in
the year preceding said assessment.
Section 4— a town shall not become indebted in an amount exceeding three per cent on the last preceding valuation, for the assessment
of taxes, of the taxable property therein.
Section 5— A city ortown which establishes, purchase", reconstructs,
extends or enlarges a gas or electric lighting plant within its limits
may incur debt outside the debt limit prescribed in this chapter in
payment therefor to an amount not exceeding, in a town, live per
cent and, in a city, not exceeding two and one-half per cent of the
last preceding State valuation.
Section 6— Cities and towns may by a majority vote incur debts for
temporary loans in anticipation of the taxes of the municipal year in
which such debts are incurred and expressly made payable therefrom
by such vote. Such loans shall bo piyable within one year after the
date of their incurrence, and shall not be reckoned iu determining the
authorized limit of indebte luess. [Notes ina> be non-intenst bearing
and sold at a dis ount See Chapter 153 Lawn of 190 ]
Section 7— Cities and towns may by a majority vote incur debts for
temporary loans for the payment of any land damages or any proportion of the general expense of altering a crossing which they are required primarily to pay under the provisions of sections one hundred
aud forty-nine to one hundred and sixty, inclusive, of ehapter one
hundred and eleven. Such loans shall not be reckoned in determining
the authorized limit of indebtedness, and when any money ^o paid is
repaid, it shall be immediately applied to the discharge of the loan.
The sections referred to above in chapter 111 provide for the abolition
of tirade Vrosbings.
Section 8— Debts other than those mentioned in the two preceding
sections shall be incurred only by a vote of two-thirds of the voters
present and voting at a town meeting, or of two-thtrus of all the members of each branch of the city council, taken by yeas and nays, and
subject to the approval or disapproval of the mayor.
Section 9— A city or town which has incurred a debt within the
limitations as to amount and time of payment prescribed by tlm chapter may issue bonds, notes or scrip therefor, properly denominated on
the race thereof, signed by its treasurer and, if issued by a city, countersigned by its mayor, or if issued by a town, countersigned by a majority of its selectmen!, with interest payable semi-annually at such
rate as it deems proper, and may sell said bonds, notes or scrip, not
less than par, at publio or private sale or may use the same in pay-

as b«low.

The value

Years.

—

ment

of such debts.

Section 10— If a city or town votes to issue bonds, notes, scrip or
other certificates of indebtedness in accordance with the provisions of
this chapter, the officers authorized to negotiate the same may, in the
name of such city or town, make a temporary loan for a period of not
more than one year in anticipation of the money to be derived from
the sale of such bonds, notes, scrip or other certificates of indebtedness; but the time within which such securities shall become due and
payable snail not be extended by reason of the making of such temporary loan beyond the time fixed in the vote authorizing the issue of
such bonds, notes, scrip or other certificates of indebtedness. [See
note under Se tionH.]
Section 11— Debts incurred for supplying the inhabitants with
water, for acquiring land for public playgrounds [tandparksl under
the provisions of chapter twenty eight, for a municipal lighting plant
under tho pro visions of ohapter thirty-four, or in constructing sewers,
shall be payable within thirty years; debts incurred in building school
houses and other public buildings and iu procuring land therefor,
within twentv years; and all other debts mentioned in section 8,
within ten years, or by the city of Boston, within twenty years.
t Added to law by Chapter 375. Acts of 1903.
[Chapter 28, referred to above, provides for public parks, playgrounds, &c, and under it any city or town (except Boston) may incur
indebtedness to meet expense of acquiring land for public playgrounds, outside the debt limit to an amount not exceeding one-half
of one per cent of its assessed v luation. Chapter 34 provides for the
manufacture and distribution of gas and electricity.]
Section 12— The iuterest on all debts shall annually be raised by
If a debt is payable at a period exceeding ten years, the
taxation
city or to'wn shall, and in all other cases may, at the time of contracting the same, establish a sinking fund to be used for no other purpose
than the payment of such debt, and shall annually raise by taxation
and contribute thereto an amou t sufficient with its accumulations to
extinguish the debt at maturity; audit p-iyable at a period not exceeding ten years, the city ortown shall raise by taxation annually
not less than eight per cent of the principal thereof, and shall set it
apart for a sinking fund until an amount has been raised sufficient

:

MASSACHUSETTS-DEBT OF STATE.

20

with its accumulation s to extinguish the debt at maturity; and shall,
In the year before the maturity of the debt, raise by taxation, any balance necessary for its extinguishment.
SECTiON 13—A city or town, instead of establishing a sinking fund,
may vote to provide for the payment of any debt by such annual
proportionate payments as will extinguish the same at maturity, and
thereupon such annual proportion shall, without further vote, be
assessed und«-r the provisions of section thirty-seven of chapter
twelve until such debt is extinguished.
Sections 14 to 19. inclusive, and sections 22, 24 and 25 relate to
the election and duties of the commissioners of the sinking fund and
various othermatters we cannot enter upon here.
Section 21— A city which at a meeting of its voters held for that
purpose has accepted, by a vote of two-thirds of the legal voters present and voting thereon, any Act to supply said city with water may,
by a yea and nay vote of the majority of the members of each branch
of the city council, contract debts and issue bonds for the purposes and
to the extent authorized by such Act, in the manner provided in, and
subject to the provisions of, the preceding sections.
Section 23— No city or town shall, for the purpose of subscribing
aid of a railroad corporation, increase its indebtedness to an amount
which, with its existing net indebtedness incurred for any purpose,
excluding temporary loans, exceeds three per cent of the valuation
of the taxable property therein as ascertained by the last preceding
city or town valuation for the assessment of taxes.
In addition to these General Provisions there are various Special
Laws which contain exceptions to the general law as to debt limita-

m

which apply to Cambridge, Lynn, Newburyport, Waltham,
Worcester, &c, <fec. Af urther exception in favor of Metropolitan Park
assessment loans issued in 1900 and 1901 was made by Chapter 325,
Laws of 1902.

tion,

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

savings banks and institutions for savings in Massachusetts are contained in Section 26, Chapter 113, of the Revised Statutes of 1901,
and in Chapter 483 or' the Laws of 1902, this latter giving authority
In addition tt>e 1904 Legislature
to invest in str' et railway bonds.
amended sub-division (d) of clause sec nd by admitting investments
in bonds and netes of water district*. In 1905 clause "m" was amended
by permitting loans in notes of a citizen of the commonwealth with a
pledge as collateral of shares of the Bopton & Albany, of the Norwich
rcester and of the Providence & Worcester railroad oompanies.
<&
The 1905 change we underscore in the law below.
Section 20.— Deposits and the ln<ome derived therefrom shall be
invested only as follows:
First— LOANS ON EEAL ESTATE.-In first mortgages of real
estate situated in this Commonwealth not to exceed sixty per cent
of the valuation ol such real estate; bur not more than seventy per
cent of the whole amount of deposits shall be so invested. A loan on
mortgage shall not be made except upon the report of not less than
two members of the board of investment, who shall certify according
to their best judgment to the value of the premises to be mortgaged, and such report shall be filed and preserved with the records
of the corporation
Second— PUBLIC FUNDS.— (a) in the public lunus of the United
States, or of any of the New England States, or of the State of New
Fork.
In the bonds or notes of a county, city or town of this Common(b)
wealth.
In the bonds or notes of an incorporated district in this Com(c)
monwealth whose net indebtedness* does not exceed five per cent of
the last preceding valuation of the property therein for the assessment

W

of taxes.
(d) In the bonds or notes of

any city of Maine, New Hampshire, Vermont, Rhode Island or Connecticut whose * net Indebtedness does not
exceed five per cent of the last preceding valuation of the property
therein tor the assessment of taxes; or of any county or town or said
States whose "net indebtedness does not exceed three per cent of such
valuation
or of any incorporated water district of said States whose
bonds or notes are a direct obligation on all the taxable property of
such district and whose * net indebtedness does not exceed three per
oentuu) of such valuation.
In the note* of a citizen of this commonwealth, with a pledge of
(e)
any of the aforesaid securities at no more than the par value thereof.
(I)
In the legally authorized bonds of the States of Pennsylvania,
Ohio, Indiana, Illinois. Michigan, Wisconsin, Minnesosa. Missouri and
Iowa and of the Distriotof Columbia, and in the legally authorized
bonds for municipal purposes, and in the refunding bonds issued to
ta> e up at maturity bonds which have been issued for other than municipal purposes, but on which the interest has been fully paid, of any
city of the aforesaid States ana of the State of New York, which has at
the. date of such investment more than thirty thousand inhabitants, as
est abli^hedbj the last national or State Census or city Census, certified
to by the City Clerk or Treasurer of said city, and taken in the same
marirer as a national or State Census, preceding such investment, and
whose net Indebtedness* does not exceed five per centof the valuation
of the taxable property therein, to be ascertained by the last preceding valuation of property therein for the assessment of taxes; and in
thf note or note* of a citizen of this Commonwealth, with a pledge as
;

any of the aforesaid securities, the amount invested In
such note or notes not to exceed In any ease eighty per cent of the
market value of the securities pledged.
THIRD RAILROAD BONDS AND NOTES.-(a) In the first mortgage bonds of a railroad company incorporated In any of the New
England States and whose road is located wholly or in part In the
same, whether such corporation is In possession of and is operating
irs own road, or has leased it to another railroad corporation, and has
earned and paid regular dividends of not less than three per cent per
annum on all its issues of capital stock for the two years last preceding such investment.
<L>)
In the first mortgage bonds of a railroad company Incorporated
In any of the New England States and whose road is located wholly
or in part in the same, guaranteed by a railroad company described
in tin; preceding paragraph which is in possession of and is operating
collateral of

own

road.
In the bonds or notes of a railroad company incorporated in this
Commonwealth, and whose road is located wholly or in part therein,
and is unencumbered by mortgage, and which has paid a dividend of
not less than five per cent per annum for two years last preceding such
its

(c)

investment.
fd)
Ic the bonds and notes of the Fitchburg Railroad Company,
Issued according to law.
In the bonds and notes of the Old Colony Railroad Company,
(e)
issued according to law, notwithstanding the mortgages on that part
of in. railroad formerly belonging to the Boston Clinton Fitchburg <fe
New Bedford Railroad Company.
In the bonds and notes of the Boston & Lowell Railroad Corpora(f)
tion, issued according to law, notwithstanding the mortgages on those
portions of its railroad formerly belonging to the Salem <fe Lowell Rallroad Company and the Lowell & Lawrence Railroad Company
In the bonds and notes of the Boston & Maine Railroad, issued
(g)
* "Net indebtedness" as used above shall moan the indebtedness of
a county, city, town or district, omitting debts created for supplying
the inhabitants with water and other dents exempted from the operation of the, law limiting their indebtedness, and deducting the amount
of the sinking funds available for the payment of the Indebtedness Included. Revised Statutes, Chapter 8, Section 5, Clause 12.

[Vol. lxxxi.

according to law, notwithstanding any mortgages on that part of its
railroad, franchises and property formerly belonging to the Eastern

Railroad Company, the Eastern Railroad in New Hampshire or the
Portsmouth Great Falls & Conway Railroad.
In the bonds and notes of the New York New Haven & Hartford
(h)
Railroad Company, issued according to law, notwithstanding the existence on the twenty-first day of March in the year 1896 of a mortgage indebtedness not then matured upon the whole or a part of the
road of said company.
In the first mortgage bonds of the!Concord & Montreal Railroad,
(i)
although such company ma v be formed by the union oftwo or more companies only one of which has paid regular dividends for the two years
last preceding such investment on all its issues of capital stock, and
notwithstanding a mortgage indebtedness on that part of its
road formerly belonging to the Boston Concord & Montreal Railroad
provided, however, that said bonds shall be issued in whole or in part to
renew and refund said existing mortgage indebtedness, and that
an amount of such bonds equal at the par valne to the amount of such
existing mortgage indebtedness shall, by the terms of the inortgaee securing the same, be made applicable exclusively to the payment .. suoh
existing mortgage indebtedness and, for the purpose of securing such
payment at the maturity of the same, shall be deposited with and held
by such trust company, incorporated
this Commonwealth and doing
business in the city of Boston as may be approved by the board of commissioners of savings banks.
In the bonds of the Maine Central Railroad Company, known
(j)
as the Consolidated Mortgage Bonds, notwithstanding the existence
of a mortgage indebtedness not matured upon the whole
or
a part of the road of said railroad company provided, however,
that said bonds be issued in whole or in part to renew and
refund said existing first mortgage indebtedness, and that an amount
or such bonds equal at the par value to the amount of such existing
mortgage indebtedness shall, by the terms of the mortgage securing the
same, be made applicable exclusively to the payment of such existing
mortgage indebtedness and to secure such payment at the maturity
of the same, said bonds shall be deposited with and held by such trust
company incorporated in this Commonwealth and doing business in the
city of Boston as may be approved by the board of commissioners of
savings banks.
In the note or notes of a citizen of this Commonwealth with a
<k)
pledge as collateral of any of the aforesaid secuiities at no more than
the par value thereof.
In the note or notes of a citizen of this Commonwealth with a
(1)
pledge as collateral of shares of the capital stock of a railroad company incorporated in any of the New England States, and whose road
is located wholly or in part therein, and which is in possession of and
is operating its own road and has earned and paid regular dividends
of not less than five per cent per annum on all its issues of capital
stock for fixe years last preoeding the date of such note or notes, or a
renewal thereof and at no more than seventy -five per cent of the market
value thereof, such note or notes to be made payable on demand and
to be paid or renewed within one Tear from the date thereof
(m) In the note or notes of a. citizen of this Commonwealth with a
pledge as collateral of shares of the capital stock of the Boston &
Lowell Railroad Corporation, of the Boston <fc Providence Railroad
Company, of the Connecticut River Railroad Company, of the Old
Colony Railroad Company, of the Boston & Albany Railroad Company, of the Norwloh & ^ orcester Raiiroaa Company Hnd of me
PiQvluen c e & Worcester Railro ad Company, notwithstanding the road
of each of said companies may be leased to another railroad company;
but such note or notes shall not in any case exceed seventy-five per
centum of the market value of thesecurlties pledged and shall be payable on demand and be paid or renewed within one year from the date

m

:

;

,

thereof.

In the bonds of the New York & New England Railissued according to law, and for the payment of the
principal and interest of which first mortgages, made as provided In
chapter three hundred and one of the Acts of the year eighteen hundred and eighty-eight, are held. as collateral security under an indenture
of trust didy made and entered into for that purpose
provided,
that the amount of the bonds so issued shall not exceed the amount
of the mortgages so held in trust, and that no one of said mortgages
shall exceed in amount sixty per cent of the value of the real estate
thereby mortgaged and no investment in said bonds shall be made
by such corporation, except upon the report of not less than two
members of the board of investment, who shall, according to their
best Judgment, certify to the value of the premises covered by each
of said mortgages, and such report shall be filed and preserved with
the records of the corporation.
In the bonds of the Boston Revere Beach & Lynn Railroad Com(b)
pany, issued according to law.
In the legally authorized bonds of the New York Central & Hud(o)
son River Railroad Company, of the Michigan Central Railroad
Company, of the Lake Shore & Michigan Southern Railway Company,
of the Illinois Central Railroad Company, of the Pennsylvania Railroad Company, of the Delaware Lackawanna & Western Railroad
Company, of the Chicago Burlington & Quincy Railroad Company, of
the Chicago & North Western Railway Company and of the
Delaware & Hudson Canal Company: provided that all such bonds
shall be secured by a first mortgage of the whole or a part of the
railroad and railroad property actually in the possession of and
operated by such company; and that each railroad whose bonds
are hereby authorized for investment shall have earned and paid
regular dividends on all its issues of capital stock of not less than four
per cent each fiscal year for the ten years last preceding such investment, and that such capital stock shall equal or exceed in amount
one- tnird of the par value of Its bonded indebtedness.
(d)
In the legally authorized bonds of a railroad company Incorporated under the authority of the States of New York, Pennsylvania, Ohio, Indiana, Illinois. Michigan or Iowa, whose road Is locattd
wholly or in part within the limits of said States, and-has earned and
paid regular dividends of not less than four per cent per annum on
all its issues of capital stock for the ten years last preceding such
Investment: provided that said bonds shall be secured by a first mortgage of the whole or a part of the railroad and railroad property ol
such company, and be guaranteed, both principal and interest, by
one or more of the companies named in the preoeding paragraph.
Jn the note or n leg of a citizen of this Commonwealth, with a
(e)
pledge as collateral of any of the securities mentioned In the two preceding paragraphs at no more than the par value thereof.
(f)
In the bonds of the Boston Terminal Con.pany authorized by
Hie provisions of section four of chapter five hundred and sixteen of
the Acts of the year eighteen hundro 1 and ninety-six and in the note or
notes of a citizen of this commonwealth, with a pledge as collateral of
the first mortgage bonds of said company at no more than the par

Fourth— (a)

road

Company

:

;

value, thereof,

Street railway companies are not railroad companies within
(g)
the meaning of the third and fourth clauses of this section. (See below for law permitting street railway investments.)

Fifth— BANK STOCK. In +he stock of a bank incorporated in this
commonwealth, or in the stcok of a banking association located in the
New England States and Incorporated under the authority of the
United States, or in the stock of a trust company incorporated under
the laws of and doing business within this Commonwealth, as provided in chapter one hundred and sixteen, or of those trust companies
Incorporated as suoh by special charters granted under the laws of
and doing business within this Commonwealth whose special charters
require them to provide the same security as prescribed in sections
twenty-eight andthiityof said chapter or in the notes of a citizin ot
this commonwealth, with a pledge as collateral of any of the aforesaid
securities at no more than eighty per cent of the market value and

MASSACHUSETTS-CITIES AND TOWNS.

Nov., 1905. J

not exceeding the par value thereof; but such corporation shall not
hold, both by way of Investment and as security for loans, more than
thirty-tlve per cent of its deposits in the stock of such banks, associations or companies, nor in am one such bank, association or company
more than three per cent of its deposits in, nor more than one hundred thousand dollars nor moie thau onequar er of the capital stock
of such bank, association or oompany. Sueh corporation may deposit
not more than five per cent of its deposits in any one such bank, association or company, but such deposit shall not exceed twenty-live per
cent of the capital stock and surplus of such depositary.
SixTH-LOANS TO DEPOSITORS.- In loans to adepositor of such
corporation upon his personal note to an amount not exceeding onehalf 01 his deposit; and the deposit and the book of the depositor shall
be held by the corporation as collateral security for the payment of
such loan.
Seventh-LOANS ON PERSONAL SECURITY— If such deposits
and income cannot be conveniently invested in the modes hereinbefore prescribed, not exceeding one-third part thereof may he invested
in bonds or other personal securities, payable and to be paid at a time
not exceeding one year, with at least two sureiies, if the principal and

sureties are all citizens of this Commonwealth and resident therein;
provided, that the total liabilities to such corporation of a person,
partnership, company or corporation tor money borrowed upon personal security, including in the liabilities of a partnership or company
not incorporated the liabilities of the several members thereof, shall
not exceed five per cent of such deposits and income.

Eighth— REAL ESTATE FOR BANKING PURPOSES —Five per
cent of the deposits of such corporation, not exceeding two hundred
thousand dollars, may be invested in the purchase of a suitable site
and the erection or preparation of a suitable building for the convenient transaction of its business.
Ninth- REAL fr.STATE BY FORECLOSURE. -Such corporation
may hold real estate, acquired by the foreclosure of a mortgage owned
by it, or by purchase at sales made under the provisions of such mortgage or upon judgments for debts due to it, or in settlements effected
to secure such debts. All such real estate shall be sold by the corporation within five years after the title thereof is vested in it; but the
board of commissioners of savings banks may, upon the petition of the
board of investment of such corporation, and lor cause, grant an additional time for the sale of the same or of the securities mentioned in
the following clause.

TENTH-SECURITIES ACQUIRED IN SETTLEMENT OF DEBT.-

Such corporation may hold stocks, bonds or other securities acquired
in settlements effected to secure loans or indebtedness, but unless
the time during which such securities may be held is extended as provided in the preceding paragraph they shall be sold within rive years
after being acquired. A corporation holding such securities on the
eighth day of March, In the year eighteen hundred and ninety-eight,
shall not be required to sell the same before the first day of February,
in the year nineteen hundred and three.
Eleventh—The provisions of this chapter shall not invalidate or
impair the title of a corporation to secuiities which have been or may
be held by it in pledge or as security for a loan or indebtedness; and
the same shall be held for the purposes for which they were pledged.
Such corporation shall not be required to change investments made
before the first day of October in the year eighteen hundred and
seventy-six.

STREET RAILWAY BONDS.

have been consolidated by purchase oroth> rwise during the

five years

prior to the certification aforesaid the payment severally from the
earniugs of each year of dividends equivalent in the aggregate to a
dividend of five per cent upon the aggregate capital stocks or the several companies during the years preceding such consolidation, shall
be sufficient for the purpose of this act. Dividends paid to the stockholders of the West End Street Railway Company by way of rental
shall be deemed to have been earned and paid by said West EndStreet
Railway Company within the meaning of this section.
Section 2. The board of railroad commissioners shall on or before
the fifteenth day of January of each yewr transmit to the board of
commi ssioners of savings banks a list of all street railway companies
which appear from the returns made by said companies to have properly paid, without impairment of assets or capital stock, the dividends
required by the preceding section.
Section 3. The board of commissioners of savings banks shall as
soon as may be after the receipt of the lists provided for in the preceding section, prepare a list of such bonds issued by any street railway company and certified by the board of railroad commissioners, in
accordance with the provision- of the preceding section, as the board
of commissioners of savings banks shall deem good and safe securities
for the investments of savings banks and insututions for savings.
Such lists shall at all times be kept open to the inspection of the public.
[Approved June. 16,1902.]
According to the requirements of Section 2 of the a>~.ove Act, the
Board of Railroad Commissioners early in January, 1905, announced
the following roads as meeting the demands of the Act (V. 80, p. 234).
Athol & Orange 8t. Rv. Co.
Hoosac Valley St. Ry. Co.
Dartmouth
Westport St. Ry. Co. Pittsfield Electric St. Ry. Co.
East Middlesex St. Ry. Co.
St>ringfield St. Ry. Co.
Fitchburg & Leominster St. Ry. Co. Union St. Ry. Co.
Holyoke St. Ry. Co.
West End St. Ry. Co.
Wittt the above as a basis, the Commissioners oi Savings Banks ha\ e
prepared a list of the bonds of the foregoing roads which they deem
gooa and safe investments for the banks. See V. 80, p. 610.
In 1904 savings banks were also authorized to make loans with street
railway bonds as collateral. This law follows
Section 1. Saving* banks and institutions for savings may invest
their deposits and the income derived theiefrom in the noteornoteB
of any citizen of this Commonwealth, with a pledge as collateral, at
not more than the par value thereof, of the bonds of street railway companies in which the savin ts banks of the Commonwealth are authorized
by law to invest.

&

:

Counties and Towns
IN

-Aggregate.
Percentage.
Valuation.
Net Debt.
4-3
$3,251,804,034
$141,660,675
42
3,200,101,482
13\906 382
41
3,115,426,287
128,477.581
4-4
131.0lH.743
2,961,119.947
3-8
2,542,348,993
98,511,920
32
2,154,134,626
70.742,786
35
1,782,349,143
63,306,213
4-3
1,584,756,802
68,512,929
3-8
1,840,792,728
71,784,006
39,421.298
26
1,497,351,686

Tear.

1904
1903
1902

ai

..

1900.'

1895
1890
1885
1880
1875
1871

R. Farrar,
ABINGTON.-G.County
Tills

town

is

in

Treasurer.

Plymouth

When Due.

Interest is payable in Boston.
Bond, debt 8ept., 1905.. $142,000
2,590,000
4s, May, $55.000.. May 1, 1906 to Tax valuation 1905
($5,000 due vearly)..May 1, 1916 Prop'ty is assessed at actual value.
4s, Jan., $13,000... Jan. 1, 1906 to Total tax (per $1,000) 1905.$23-50
5,081
($1,000 due yearly). Jan. 1, 1918 Population 1905
4,489
Population in 1900 was
4s, M&N, $29,000... May, 1923-'3l
4 260
Population in 1890 was
School Bonds 3 "us, J&J, $34,000.. July.1,1906-22

LOANS—

Watek Loan—

PORTER SARGENT,
a luccrjTTDV
AMEbBUKY.
—
collins,
\s.
Aniesbury township
Essex County
5

LOANS—

in

When Due. Net debt Jan.

Funding Bonds:
4s,

Treasurer.

Clerk.

e.

is

.

1907-1912

J&J, $48,000

$79,626

1, 1905....

Total valuation 1904. .5,297. 126
Assessment about 4 s actual value.
Total tax rate (per M.) 1904.$1900
.

($23,000 in 1907,$25,000 in 1912).
Total bond, debt Jan.l,*05.$48,000 Population 190°> test )
42,5<>0 Population in 1900 was
Floating debt
Sinking fond
10,874 Population in 1905

AMHERST.—
C. H.
Hampshire
town

9,'

00

9,473
8,842

Edwards, Treasurer

County,
When Due. Sinking fund
$18,487
LOANS—
Total valuation 1904 ..3,602,853
Refunding Bonds—
Assessment about actual val u e.
4s, g., J&J, $50,000 o. Jan. 1, 1920
Note due 1911....
$13,000 Total tax (per $1,000) 1904. $1650
Population in 1900was
5,028
Interest is payable in Amherst.
Bonded debt Apr.l, 1905. 50,000 Population in 1905
5,308
Note and floating debt... 20,700
This

is

in

- TvTTA/-^^7-Tn=>
A1N
UKJ V rLtX.

5

$

GEO.

A.

PARKER,

Treasurer.

ABRAHAM MARLAND,

Clerk.

County and was incorporated Mav 6, 1646.
Water Bonds. — (Con.)
When Due.
LOANS—
Seweb Bonds—
$5.000.... June 1, 1928
4s, J&D,
($20,000... June 1, 1908 3*ss. A&O, 26,000 Apr.l. 1906-'3
4s, J&D, 1 20,000. ..June l, 1913 Bond, debt Jan. 12, 190 >..$284.000
84.HOO
Notes outstanding.
( 30,000... J unel, 1928
School Bonds—
Total debt Jan. 12, 1905. 36M.900
39,460
$32,000 July 1,'06-13 Sinking fund
4s '04
ua.j
J&J
<ej \
48,
3,000 .July 1,1914 Net debt Jan. 12, 1905
}
329,440
1M.O00
Bonds—
Wateb
Water debt (included)
14,0^7
4s, M&N, $^5,000... Nov.l,1906-*18 Water sinking fund (ino.)
4s, M&N, 15,000
Nov. I, 1919 Tax valuation 1904
6,108 088
10,000
4s, J&D,
June 1,1922 Tax rate (per $1,000) 1904. $1« 00
10,000
4s, J&D,
June 1,1923 Value town property
$713,150
4s, J&D,
15,000.... June 1, 1925 Population in 1900 was
6,813
Population in 190i
6,630
INTEREST is payable at the Nat Exchange Bank, Boston.
This town

is

in Essex

.

street railway bonds are Included in the list of
legal investments by Chapter 483 of the Laws of 1902. This Act is
given below in full
Section 1. In addition to the investments authorized by section
twenty-six of chapter one hundred and thirteen of the Revised Laws,
savings banks and institutions for savings may Invest their deposits
and the income deriv ed therefrom in the bonds, approved by the board
of commissioners of savings banks, as hereinafter provided for, of
any street railway company incorporated in this Commonwealth, the
railway of which is situated wholly or partly therein, and which has
earned and paid annually for the five years last preceding the certification hereinafter provided for, of the board of railroad commissioners, dividends of not less than five per cent per annum upon all of its
outstanding capital stock. In any case where two or more companies

As stated above,

Cities,

1

..

:

THE

STATE OP MASSACHUSETTS.
Note.—For places not given in alphabetical order among the following
statements, see " additional statements " at the end of this Stale.
aggbegate municipal indebtedness.
The gross interest-bearing debt of all municipalities of the State was
$200,518,24 1 on May 1, 1904
The following table shows the aggregate assessed valuation as returned by the local assessors, the aggregate net debt of all the municipal!
ties of the State, and the percentage of the same, for the years 'ndicated'

.

Wm.
ARLINGTON.—
This town
is

LOANS-

A. Muller, Treasurer.

in Middlesex Co. Value town property 1904, $1,436,874.

Park Loan—

When Due.

M&N, $15,000 ..Nov. 1,1946
Seweb Bonds 1896—

School Loans4s,
4s,

4s,

M&N, $64,600

Nov. 1,1913

J&D,
J&D,
A&O,

16,000.. June, 1906-'09
2,698 64. .June 1, 1910
20.^00.. April. 1906-19
4s,
4s,'04, J&J. 16,0O0.Julyl. '06-21
J&D.
11,000 Dec.15,'06-16
4s,*04,
4s,

4s,
4s.

J&D, $100.000.... June 1. 1936
J&D31, 10,50!? ..Dec. 31,1923

Town Hall

3W,s,

A&O,

Site Loan—
$52,000.. April 1, 1939

Bonded debt Jan. 1,1905. $663. 948

Miscellaneous LoansFloating debt
J* J, $9, 600. July 1, '06-09 rotal debt Jan.
I

Is '04,

I

Water Works—

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

A
A.

!

1912
1922
Apr.l, 1924
Oct. 1, 1926
Oct 1, 1928
Oot. 1, 1927
Oct. 1,1925

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

Jan.
Jan.

A&O, 5,000
A&O, 15,000
A&O, 10,000
A&O, 10,000
i&D,

4s,'04

4? ,000
1905....70S.V48

Sinking fund.
«;4,826
..^...
Borrowing capa'y Jan.'05 57.78
Assessed valua'n, real ..8,888,3?0
Assessed val'n, personal.1,002,905
Total valuation 1904 ....9,891,225
(Assessment at actual value.*
Tax rate (per $1,000) 1904. $18-70
Population in 1900 was
8,603
Population in 1905 was
9,672

LUCIEN LORD, Treasurer.
GEORGE HARRIS FOYE, Clerk.
situated in Worcester County.
Seweb Loan (outside debt limit.
When Due.

rlLJJ-..

This town

i

1.

3,000.. Dec. 15,1934

r-r-rjnj
I

1,
1,

Deo.15.1933

4,000

J&D,

.

is

LOANS

—

<

£

Refunding Loan
4s, J&J, $50,000 o....July 1, 1924
3%s, A&O, $1.250. ..Sept. 30.1908 4s, J&J, 28,000 o ...July 1.1933
3*28. A&O, 8,000. ...Oct. 1906 '09 Total debt Feb. 1, 1905 $124,250
12,600
3-20s,A&O, 6,000. ...Oct. 1906-'09 Sinking fund
4,264,795
3^ss, J&J, 9,000... Oct., 1906-'ll Tax valuation 1905
3^s,A&0, 1,550. .Sept. 30, 1910 Tax rate (per $1,000) 1905. $1890
7,061
320s,A&O, 2.850. ..Sept. 30, 1910 Population in 1900 was
7,196
3%S. A&O, 2,000.. Oct. 1, 190d-07 Population in 1905
.

.

Engine House—

4s.

A&O,

$1,350

The sewer loan

INTEREST

is

Oct. 1, 1906
is secured by sinking fund.
payable in Boston, Worcester, Greenfield and Athol

ATTLEBOROUGH.-P.
town
This

is in

LOANS-

Bristol County.

Water Bonds—

When Due.

I.

Babcock, Treas.

Town Bonds—

4s, J&J, $50,000 c... Jan. 1, 1906
School Bonds—
12, 1912
4.S.M&S, 12,000 C....8ept.l, 1915 3^8, M&N, $30,000 C.Nov. 1, 1920
20,000 c... Jan. 1, 1919 Bond debt Oit, 1905 ... $517,000
4s, J&J,
50 000
Oot. 1,1922 Floating debt
4s, A&O, 25,000c
35,000 c«fcr..July 1, 1923 Total debtee r., 1905 ... 567,000
4s, J&J,
90.520
4s, J&J, 40,000 c... July 1, 1924 Sinking fund assets
476.4-0
4s, J&J, 25,000 o .. July 1, 1926 Net debt Oct., 1905
10,000 o ...July 1, 1927 Water debt (incl. above). 452,000
4s, J&J,
13,000 c ...July 1,1928 Water deDt sinking fund
4s, J&J,
26,208
(incl. above)
3*28, g, J&J.15.000 r. July 1, 1929
7,704.740
3ifl8,g, J&J, 12,000 C.July 1,1930 Tax valuation, real
3^8, g, J&J, 10,000 c.Jan. 1, 1921 Tax valuation, personal.3,076,090
3iflS, A&O,
20,000 C.April 1, 1921 Total valuation 1905... 10,780, 830
3»28, A&O, 30,000 c.April 1, 1932 Total tax per $1,000 1905. .$16-10
12,702
4s, A&O. 30.000 c... Oct. 1, 1933 Populations 190s
11,335
4s,'04, A&O, 20,000 ..Oct. 1. 19*4 Population in 19C.J was
7,577
3i28.'05,M&S,: 00.000 Marl, 1935 Population in 1890 was
S^s.'ONM&N. 50,0Uu.Nov 1, 1935
INTEREST is payable at First N ational Bank of Attleborough and
Boston Safe Deposit & Trust Co. of Boston.

4s, A&O, $20,000c... Oct.

MASSACHUSETTS-CITIES AND TOWNS.

22

BELMONT.—
W.
town
Middlesex
This

is

County.
When Due.

in

LOANS—

School House and
J&D,$40,000

4s,
4s,'04,

5

Chenery,

L.

AtO, 30,O00c.Oat.2.1906-'15
Impt. Bonds1906
1,1906-15 4s, J&D, $1,000 c
1 1918-34
Sewer Loan—

20,000 c. Oct.

A&O, I 9,000o. Oct.
48, A&O, 3,000 r. Apr.

Street Bonds—

Bonds—

St.

June

o...
.

1,

4s,

Town Hall

1917

1,

1906-07

4s,
4s,
4s,

J&D,

3,<'0" c.June, '06 to *08
3!ss,J&D,30,000 c.June, '09 to '23

3*28,

Treasurer.

Play Gkound Bonds—
4s, J*D, $1,000 c
Bridge boNDS—

M&N, $18,000

J&J,

J&D,
3 bs, J&D,
1

1906

3*2*,

A»C

0... Nov. 1,
1,

9,000 c .July
6,000 c.June
20.000 c. June
10.000 C.Oct.

1,
2,
2,

1924
1926
1927
1932
1930

Electric Light bonds—

J&J. *1,500 c ..July 15, 1906
Street & Fire Dept. Loan—
4s, J&D, $300 c ....Junel, 1906
4a,

4s.

J&D, $14,000

c ..June 1,

Fire Deft Bonds—
4s, J&D, $6,000 c June

1928

l.'06,to'17

payable in Boston.
4s, A&O, 25,000 c
Oct. 1, 1908
4s, J&D, 2,000 c.June, '06, to '09 Bond, debt Oct, 25, 1905. $285,300
37,215
Sinkinjrfund
Water Loans
4s, F&A, $3,500 c
Aug. 1, 1906 Net debt O. t. 25, 1905. . 248,c >85
36,500
($1,750 due y'rly) to Aug. 1, 1907 Water debt (included)...
4 ,263.0 »0
4s, J&D, $2,000 c
Junel, 1906 Tax valuation, real
1,339,650
($500 due yearly) to June 1, 1909 Tax valuation, pers'l
4s, F&A, $8,000 o.... Aug. 1, 1925 Total valuation 1905. ...5,602, 650
4s, J&J,
6,000 c ...July 1, 1926 Assessment same as actual value.
4s, J&D,
5,000 c. . . . Deo. 1, 1926 Total tax (per 1,000) 1905 $1990
«,36l
4s, J&D, 7,000 c... June 1. 1929 Population in 1905
3,929
4s, J&D, 2,000 c.June 1, 1906 09 Population in 1900 was
Population
in
10
1890
was
2,098
4s, J&D, 3.00J o. Deo. 1, 1905
Interest

.

is

—

.

CO.-Henry A. Brewster, Treas.
BERKSHIRE
Value county
County

property Jan.1,1905, $525,373.

seat is Pittsneld.

When Due.

LOANS-

Interest payable at Pittsfleld.

Total debt Jan. 1. 1905
$68,464
REFUNDING Notes
'06-09 Tax valuation 1904.... 70,064.378
,
5 $40,000... NOV. 1,
4S,M&JN,^
5,0(iO...Nov. 1.1910 Population in 1900 was
95,667
New Countt Building Debt— Population in 1905
98,292
On demand
3*23, J&D, $5,000
INTEREST is payable in Pittsneld.
.

.

.

bMW

DP-iruDT
OtL V -tLJri.J-, v
X

—
Essex

5

PARKER

S.

DAVIS, Mayor.

£

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

.

eooO

1910 1911

00

1912-1913
191 7 -1919

6,'

9,000

F&A,

,500c. July

i

Sewer Bonds—

1

,

1906-'O8

1906-1908
1909-1915

$12,000
21.000

Dredging Bonds—
.....

1905-1908

$12,<>00

Bonded debt Jan.l, *05.$1.286,000

J&J. $56,0000 July 1, 1906-'19
4« T&T* 32,000 O.July 1, 06'13
48,d<sj^
3,00v>o....July 1. 1914
1906-1915
37,000
4s, '03,
($4,000 due yearly.)
2
July 1*18-93
«
4s'0^T&I
O0,J<RJ,j> *>
48,
1,000.. July 1.1924
4s,

-

Park Bonds—

4b.

.....

J&J. $32,000 o.July 1,1906-'21

Water Loan—
4s ,F&A, $150,000 o..Feb. 1, 1917
4s, M&S,
8,000c. Mar. l,'06-*09
25,000
1905-1917
4s, 'o3,

Floating debt
70,000
Total debt Jan. 1, 1905 1,3*6/00
Sinking fund
568,956
Net debt Jan. 1 1905
787, 044
Water debt (included)..
185,000
Water sink, fund (ino.).
69, 19
Assessed val'n, real
14,394,600
Assessed val'n, pers'nal 4,733, 5."i0
Total valuation 1904. 19,128, 150
Tax rate (per M.) 1904.
16 60
Population in 1900 was
13,t84
1 opulation in 1905 was
15,222
. .

,

($2,000 due yearly.)
INTEREST is payable at First Nat. Bank, Boston.

BILLERICA.— H.
This town

is in

A. King, Treasurer.

Middlesex County.

Town Hall Bonds—
Total debt Oft. 12, 1905. $159, 560
4s, A&O, *30,<)00 a. ..Apr. 1, 1919 Sinking fund assets
24,988
Water BondsNet debt O t. 12, 1905
135/71
4s, M&N, $90,000 o ...May 1,1928 Assessed valu'n, 190 V..2,l 97,347
.

School Bonds—

Assessment about 80% actual val.
Tax rate (per $1,000) 1905. $17 20

3*38, Apr., $25,000 c.. Apr., 1921
Bond, debt O t. 12, 05. .$145,00') Population in 1905was
2,8-13
Floating debt
14,560 Population in 1900 was
2,775
INTEREST is payable in Boston on water bonds at the Old Colony
Trast Co. and on town hall bonds at the Mercantile Trust Co.

CD. A. WHELTO.V. Acting-Mayor.
^^^^,^^,
City Treasurer.
BOSTON. — ^GEO.U. (RO-K.ER.
(J.

City

ALFRE

was incorporated Feb.

>

MITCHELL,

Auditor.

23, 182v>.

The county of Suffolk, in which Boston is situated, contains also
the city of Chelsea and the towns of Revere and Winthrop. Boston,
however, receives all the county income, pays all the countv expenses,
owns the county buildings, and is responsible for the county debt, which
amounted on O t 31, 190\ to $3,43 1.000. The details of this county
debt are included in the following financial report for this eity.
When Due.
LOANS—
Highways— (Con.) Bridge Bonds3ias. J&J, $5,000... .July 1, 1928
3i«8,A&0,
6,000... Oct. 1, 1928
3»*8,J&J,
650... .Jan. 1, 1929
3!a8,A&0, 21,000... Oct. 1, 1918 3»«8. A&O, 44,800.... Apr. 1, 1929
3*28, J&J, 130,000.. July 1, 1919 3i«8,J&J, 518,000. .. Jan. 1, 1930
50,000. July 1,1921 3*28. J&J, 661,000.. ..July 1, 1930
3H.8.J&.I.
3*28. J&D, 200,000 ..Junel, 1932 3s, J&J,
3,554. . ..July 1, 1930
312S.J&J, 500,000... J u'y 1, 1937 3s, J&J,
150,000... Jan. 1, 1931
S^s.J&J, 300,000... Jan. 1, 1938 38, AAO,
300,000... Apr. 1, 1931
3^8, J&J, 300.000... J uly 1, 1939 3 h 8, J&J, 600,000
1 ulv 1,1931
10,000.. Oct. 1, 1934 3s, A&O. 220.000... Oct. 1, 1931
4s, A&O,
4s, A&O,
10,000... Oct. 1, 1935 3s. J&J. 126 000... Jan. 1. 1932
4s, J&J,
30,000. .July 1, 1936 3 Hjs, J&D. 650.000... June 1, 1K*2
4s, A&O,
100,000.. .Oct. 1, 1936 3L2-, A&O,
5.000. ...Oct. 1,1932
3*28.A&0, 50,000... Oct 1, 1938 3k>s, J&J, 500,000 ..Dec. 31, 1932
400,0i
O...Jan.
1940
3*28,J&J,
1,
3»28, J&J,
5,000 .. Jan.l. 1933
3*28, J&J, 200,000... July 1,1940 3ks, J&D,500,000 .. June 1,1933
3s,
J&J, 55.000.... Jan. 1,1942 3^e, J&J, 1 0,i 00 ...Jan. 1, 1934
S^s.J&U. 2 O.OOO... June 1.1942 3L28,J&D,'04.600.000 r. June l.*34
3^8, J&D, 200,« 00... June I, 1943 3W05.J&J.19 000. .July 1, 1935
3^,J<V(>,'04,250,0'i0r June 1,1914 3^8,'05,A&O,5.000..Oa. 1,1935
.

.

.

J&D

'04..28,000r.June 1, 924
S^b.'OS J&J, 50,000 Jan. 1, 1945
3i*B.'05.JAJ, 1,500.. Jan. 1,1935
3><.'05.J&J.l' 0,0. 0. Jury 1. 1915
3*28,

1

.

Highways—

4b, J&J,
4s, A&O,
4s, J&J,
4s, J A.I,
4s, AAO,
4s, J&J,
4s, J&J,
3*28, J&J,
J &.L

$31,000... July

243,200

>o,O00...Jan.
350,000.... July
i-

150,000. ...Oct.
500,000. .. .July
700,000.... July

500,000

1912
1912
1, 1913
1, 1913
1,1913
1. 1915
1,1916
1,1917
1, 1919
1, 1928
1,

.Oct. 1,

r

Ian.

3^8, J&J, 825,000.... July
3iu8, J&J, 750,000.... Jan.

.

J&.r, 290,850.. Jan. 1, 1922
3 -28, J&D, 1.339,000 June 1, 1922
3Vs, A<sO,152,600.. Oct. 1, 1922
3»28,A&0
25.000
Oct. 1, 1928
3^8. J&J. 782.500
Jan.l, 1923
3^8, A&O. 185,000 Apr. 1, 1923
3»s8,J&D,l,74l,7G0.. Junel, 1923
3-vS, A&O,
35,000 Oot. 1,1923
.

3128, J&J, 363,800 .Jan. 1, 1924
38, J&J
75,000 .Jan. 1,1931
3*28, J&J, 1,000,000. .Jtuyl, 1931
3s,
J&J, 140,000. .Jan. 1, 1932

w s.

A&O,
3i«8, J&D,
3»«8.
3)28.

J&r.

56,000. .Apr. 1,1932
200.000. .June 1, 1932
5.000
July 1, 1932

A&O. 50.000

Oot. 1, 1932
3>«p,J&J,1. 460,000.
Jav. 1,1934
3i28,J&D,'04. 66,000 r.June 1, '24
.

.

.

3hs,J&D,04. 75,000 r. June 1, '21
3 r,.s,J*D,'04. 325,000 r June l.*24
3»«8,'04,A&O, 24,000.. Oct.
3 i2*,'04A&(>, 63,700 Oct.
3 i«».'05,J&J, 130.000. Jan.
b^s.'OS.J&J, 600,000.Jau.

Pake Bonds
4b,
4s,
4s,
4s,
4s,
4s,
4s,

J&J,

1924
1*34
1935
1935

$343,000... Jan. 1,1913
913,000... Apr. 1,1913
1914
500,000... Jan.,
75,000... Apr. 1, 1914
500,000... Oct. 1,1914
1,000,000... Jan. 1, 1925

A&O
J&J,

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

A&O,

3Lj8,A&0,
3 12a, A&O,
3>«8,

1,
1,
1,
1,

a&O,

50,000... Oot. 1, 1927
20,000... Apr. 1,1916
55,000... Oct. 1,1916
25,000 ... Oot. 1, 1922
30,0 >>.... Jan. I, 1923

3^8. J&J,
Apr. 1, 1923
3^8, AAO, 15,000
3ios,.l&D, 200,000 . June 1,1923
3^8, J* J, 170,000... .Jan. 1, 1934
3»28, J&J, 500,000... Jan. 1, 1927
3L2S, J&J, 450,000... Jan. 1, 1928
3^8, A&O, 50,000... Apr. 1,1928
3!28,A&0, 450,000... Oct. 1, 1928
31*8, A&O,
29,000... Oot 1,1915
3*28, J&J, 500,000... July 1,1929
"

56 1, 000... Jan.

1930
1930
3s, J&D.
1932
3*28. J&D, 75.000 ..June 1, 1932
3128; J&J.
5,000 ..July 1, 1932
3»«B, J&J. 25,000 .. Jan. 1. 1933
3*«8, '04,
36,300.... Oct. 1,1931
8V.*05,J&J, 15,000.. July 1,1935
3128.JAJ,
3l28,J&J,

130,000... July
74,000... J an.

1,
1,
1,

Park Construction—

4a, J&J,
4s, A&O,
4s, J&J,
4s, AAO,
4a, J&J,
4h, A&O,
4s, J&J,
4s, J&J
4b, J&J.
4s, A&O,
4s, J&J,
3s, J&J,
3!2S. A&O,
3LJ8,
3b, J&J,
3*28, J&J,
3s, J&J,
3*28, J&J

j&j

$450,000... Jan. 1,1918
1918
5,000... Apr.,
1918
5,000... July,
1918
40,000... Oct.,
480,500... Jan. 1,1919
1919
16,000... Apr.,
3,500... July,
1919
439,500... Jau. 1,1920
1920
16,400... July,
1920
44,100... Oct.,
500,000... Jan. 1, 192)
25,000... Jan. 1, 1921
151,000. ..Apr. 1, 1929
49,000... July I, 1929
154,000... July 1, 1930
46,000... July 1, 1930
25,000... Jan. 1, 1931
263,000 Jan. 1, 1937
.

$44,000. ..Jan. 4, 1916
175,000... Oct. 1, 1922
J&J.
200,000... Jan. 1, 1923
A&O, 325,000... Oct. 1, 1923
A&O, 100,000... Oct. 1, 1924
A&O,
49,500.. Jan. 1, 1925
A&O, 150,500... Oct. 1,1925
3»*8,A&0, 100 000. Oct. 1, 1918
" Miscellaneous " Loans—
4s, A&O,
$90.000... Oct. 1, 1906
4s, A&O
145,500... Oct.15, 1906

Pub. Inst's and City Hospit'l—
3*28, J&J, $38,500... July 1, 1908
3*28. J&J,
8,000... July 1, 1909
3i28,J&l>,
14,900... Due. 1, 1909
3i 2 s,A&0,
10,000 .Apr. 1, 1910
136.500. ..Oct. 1, 1911
4s, A&O,
250,000... July 1,1912
4s, J&J,
42,000... Oct. 1, 1912
48, A&O,
15, 000... Apr. 1, 1915
48, A&O,
1h, A&O,
400,000... Oct, 1,1915
3*28, J&J,
27,000.. .July 1, 1917
3' 2 s, J&J, 101.000.. .Jan. 1, 1918
3*28, J&J,
23,000. .July 1, 1918
3!28, J&J,
14,500... July 1, 1919
3s, A&O,
40,000.. .Apr. 1, 1921

3s, J&J,
4s, J&J,
3*28, J&J,

4s,
4s,

Library Bonds—

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

J&J,

A&O,

.

25,000... Jan,
606,000... Jan.
833,000.. .July

1,
1,
1,

1906
1907
1907

Park Loan ok 1891—
4s,
4s,
4s,
4s,
4s,
4s,

.

.

Park Loan ok

1891 —

(

on.)

A&O,$301,000....Oct. 1,1922
J&J, 250,000
Jan. 1, 1923
J&J, 500,000.... July 1, 1923
A&O, 450,000
Oct. 1,1923
J&J,
99,000.... Jan. 1,1924
A .0,1,000,000.... Oot. 1,1924

Park Lands—

J&J,$100, 000.... July 1,1924

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

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

100,000.... Oct.
50,000.... Apr.
208,000. ..Oct.
J&J, 11,300.....July
3*2S,J&J, 400,000. ...July
3*28, J&J, 600,000.
Jan.

1,1924
1925
1,1925
1,1926
1, 1917
1,1920
1,

Boston Tunnkl and Subway—

3i2e,J&D,'04.*950,000r.Ju!iel,'44
3 »a,'05 A&O,556,700 ..Apr. 1, '45
3 <s.'05,J&J.1.400,OOO.July 1, '45

School Houses

.

3s,

\c. F. LEE, Treasurer.
County. Incorporated, May 23, 1894.
This city is in
When Due.
Town Bonds—
LOANS—
School bonds—
4s, J&J, $793,000 c&r,Julyl, 1911
4s, J&J, $ll,OO0c.July 1,1906 '09 6s. J&J,
15,000 o...-*08 '13&U8
1905-1908
Street Bonds—
5 25.000
Aa
48, ....

When Due.
LOANS—
"miscel's" Loans— (Con.)—
4s, A&O.
$13.800... Oct. 1, 1907
3LJS, J&J, 594,400... Jan. 1, 1908
3128, J&J,
11,500... July 1. 1908
3128.A&0, 250,000... Oct. 1, 1908
3*28, A&O, 178,400... Apr. 1, 1909
3Ljs,J&J, 209,600... July 1, 1909
3ks,A&0, 17,600 ..Oot. 1,1909
3s, A&O,
92,000... Oct. 1, 1909
3»2S,J&D,
13,200... Dec. 1, 1909
3J2S.J&J,
220 .Jan. 1, 1911
3s, J&J,
129,580. ..Jan. 1,1911
4s,A&0, 1,599,725. .. Apr. 1, 1912
3*ss,J&J, 62,500. ...Jan. 1, 1913
4s, A&O, 2,514,100... Apr. 1, 1913
4s, A&O,
599,800 ..Oct. 1, 1914
4s, A&O,
367,000... Apr. 1, 1915
4s, A&O,
401,500... Oct. 1. 1915
4s, J&J, 1,115,700. .Jan. 1, 1916
4s, J&J,
589,500... July 1,1916
4s, A&O,
3,000... Apr. 1.1916
4s, A&O
192,500. ..Oct. 1, 1916
M&N,
4s,
223,500... Nov.30,1916
4s, J&J,
45,500... Jan. 1, 1917
4s, A&O,
3,000... Apr. 1. 1917
309,000. July 1, 1917
48, J&J.
3*28, J&J, 203.500. July 1. 1917
4s, A&O,
169.000 .Oct. 1, 1917
3*28, J&J
130,800 ..Jan. 1. 1918
3V2S, A&O 299,000.. Apr. 1, 1918
3)2S, J&J,
80,000... July 1, 1918
3i2S, A&O
18,000... Oct. 1,1918
3^28, A&O, 228,100... Apr. 1, 1919
3*28, J&J, 531,200... July 1,1919
3s, A&O,
8,000... Oct. 1,1919
3 128.A&0, 10,000 ..Oct. 1, 1919
312S.J&D, 43,500.. .Deo. 1, 1919
3s, J&J,
404,000... Jan. 1,1921
3s, A&O,
133,000
Apr. 1,1921
3s, A&O, 310.000. ..Oct. 1. 1921
3!*s, J&J, 459,600... July 1, 1921

[Vol. lxxxi.

4s,
43;
4s,

& Sites—

A&O, $500,000.... Apr. 1,1911
A&O, 250,000.... Oct. 1,1914

J&J, 300,000.... Jan. 1,1917
3ias,A&O,100,000....Oct. 1, 1917
3s, A&O,100,000
Oot.
4s, J&J, 500,000.... July
4s, J&J, 150,000.. ..July
3*28, J&J, 500,000.... Jan.

1,1921
1,1926
1,1927
1,1928
3i28,A*O.650,000....Oct. 1,1928
3128, J&J, 25,000.
.July 1, 1929
3i«s,A&O,300,000 .. Oct. 1,1929
3»ss,J&J, 475,000. ...Jan. 1, 1930
3s, J&J,
21,650. ...July 1,1930
3b, A&O, 278,350.. ..Oct. 1,1930
3s, J&J,
5,000.... Jan. 1,1931
3*a8,J&J, 210.000... .July 1, 1931
3s, J&J, 200,000.... Jan. 1,1932
3<2,J&D, 1,000,000
J une 1, 1932
4s, J&J,
500,000.... July 1, 1935
313s, J* J. 1,500.000. Dee. 31. 1932
. .

.

.

3s>8,J&D,'04 l,500,000r.Jue.l,'44
3i28,'05,J& J, 505,200.Jan. 1, 1945
3SiS,'05.A&O, 54,000 Apr. 1, 1945
3*8.'05,J&J.l,50l),w00.July 1, '45

Stony Brook,&c.,Lmpt.Bondr—
4s, A&O, $500,000. ...Oot.
4s, A&O,
30,000
Oct.
312s, J&J, 84,000.. ..July
3)28, J&J, 100,000.... Jan.
3138, J&J, 350 000. ...July

1917
1913
1,1937
1, 1938
1, 1939
Sukfolk County Debt.
House
Bonds—
Court
4s, A&O, $700,000.... Oct. 1, 1918
4s, J&J,
406,000. . . .July 1 1922
3*28, A&O,800,000....Oct. 1,1919
4s, A&O,
75,000.. .. Oct. 1, 1923
4s, J&J,
40,000.. ..July 1, 1924
3ias,A&0, 800, 000.... Apr. 1, 1937
3iflS, J&J.100,000....July 1,1938
3s,
A&O, 510,000:. ..Oot. 1,1906
($17,000 due yearly) to Oot. 1,1935
1.
1,

,

Sewerage Bonds—

3s, J&J,
$5,000.. .. Jan. 1, 1906
4s, A&O,
51,500.... Oct. 1, 1906
3s, J&J. 150,000. ...Jan. 1,1911
48, A&O, 421,000. ...Oct. 1,1911
4s, J&J,
250,000.... Jan. 1,1912
4s, J&J,
50,000. . . -July 1, 1914
67,650.... Apr. 1, 1915
4b, A&O,
4s,
J&J. 35,000.... July 1,1916
3128, J&J, 50,000.... Jau. 1,1906
3»28, A&O,359,000....O0t. 1, 1906
3*28, A&O, 25.000. ..Apr. 1,1908
3>2S, J&J,500,OOO....Jidy 1, 1919
4s, A&O,
41,000.. ..Oot.15, 1910
313s, J&D.100.000 ...June 1, 1922
3*28, J&J, 500,000... .Jan. 1, 1928
3*fls,

J&J, 500,000.... July

S^s.J&J, 1,000,000... July
3!28,J&J, 100,000.. ..Jan.

1,
1,
1,

1928
1929

1930

S^ss.A&O.lOO.OOO .. Apr. 1,1930
S^js.J&J, 791,000 ...July 1, 1930
3»«8,J&I),1.000,000...June 1,1932
3>28,J&D, 1,000,' 00.. June 1,1933
3 s,*()4,J& >, 200,000 r.June 1, '34
Ss^, 04,J&D,100i>o<>0 r Junel,'44
3 s-8,'05 J&J 800,000. July 1, 1935
Street, Etc., Bonds—
5s, J&J,
$1,000.. ..Jan. 1, 1874
-

J&J, 22,000.... Jan. 1,1909
1.000. ... Jan. 1, 1910
4s, A&O, 335,000.... Oot. 1, 1911
25,000... .Oct. 1, 1912
4s, A&O,
4a, A&O, $260,500... .Apr. 1. 1913
50,000... .Jan. 1, 1914
4s, J&J,
100,000.. ..July 1, 1914
4s, J&J,
4s, A&O, 100,000.. ..Oot. 1, 1914
50,000.. ..Oct. 1, 1914
4s, A&O,
4s, J&J, 1,000,000.. ..July 1, 1935
48.J&J, 1,000,000.. ..July 1,1936
3)28, J&J, 50,000.. ..Jan. 1,1917
3L2S.J&J, 297.000. ...Jan. 1, 1937
3i2S,J&J, 181.480
July 1,1918
3i28,A&0,
4,500. ...Oct. 1, 1918
Oot. 1,1931
3s, A&O, 18,000
Ian. 1,1932
J&J, 42,000
38,
3*08, JAD.150,000 ....June 1,1932
July 1, 1938
3*28, J &D, 200,000
3V.J&D, 500.000.... June 1, 1933
3*2S,

3i28,J&J,

3«98.'0t,J&D, 100,000 r.June 1/44
10.000.Jan. 1, 1935

3W05.J&J,

Rapid Transit—

4s,
4s,

A&O, $50,000.

A&O

...Oct. 1,

1,000,000.... Apr
3)28, J&J, 250,000.... J an.

1,
1,

1934
K'35
1936

3i23,A&0, 500,000. ...Apr 1,1936
3i2rt,A&O,l,500,000...Oct.
3»28. J&J, 1,000,000... July
3i28,
3»28.

J&J,

200,000.

. .

Jau

A&O, 200,000. .. Apr.

1.
1.
1.
1,

50.0<)0...July 1,
250.00O... Oct. 1,
J&J, 20 1. 000... Jan. I.
J&D, 500,000.. June 1,
J&J, 300.000. ..Jan. 1,
3i«.J&D,l,3'>0,0'iO. .June 1,
3^8, J&J. 50,000 Jan. 1,
3Ljs,J&.I,
3s,
3s,
3*28,
3>«8,

A&O,

1936
1937
1938
1938
1940
1941
1942
1942
1943
1913
1944

133,000r.June 1,'44
J&J,100,000 July 1, '45
Ciiaklkb Rivkr Basin—

3i2S,'04,J&i),

3

1>8 '05,

J&D, $700,000.... June 1, 1921 3i*sJ,&D,'04.$5O0,O0Or.Junel,'44
A&O, 200,000.... Apr. 1,1922

:

When. Due.

Water Dkbt

i

Water Debt -Coohituato Water
6s, J&J, $82,550.... Jan. 1,1906
A&O,
A&O,
J&J,
A&O,
J&J.

1906
8,750.. ..Apr,
4,000. ...Oct.,
1906
8,000.... Jan..
1907
Apr.,
5,000
1907
1,000.... July,
1907
5g,A&0, 549,000.... Apr. 1, 1906
5g, A&O, 1,662,000. ... Oct. 1. 1906
1,000.... Oct. 1. 1907
5a, A&O,
12,000.... Apr.
1908
5e. A&O,
268,000....
Oct. 1, 1909
4Hi8,A&0,
82,000. ...July 1, 1909
4s. J&J,
4s, A&O, 277,000.... Apr. 1, 1910
4s, A&O, 324,000.... Apr. 1, 1912
t 6.000.... Oct. 1,1913
48, A&O,
459,000.. ..Jan. 1,1914
4s, J&J,
18,500.. ..Apr. 1, 1914
4s, A&O,
16,000.. ..Oct. 1,1914
4s, A&O,
45,700.... Apr. 1, 1915
4e, A&O,
23,000.. .. Oct. 1, 1915
4s, A&O,
8,000.. .. Jan. 1, 1916
4s, J&J,
28,500. . . .Apr. 1, 1916
4s, A&O,
11,300. .. .Oct. 1, 1916
4s, A&O,
1917
21,000.... Jan.,
4s. J&J,
6s,
68,
6s,
6s,
6a,

is,

!

A&O.

4s, J&J,
ts,
4s, A&O,
AOBii,
4s,

J&J,

4s,A&0,

(Con.)

—

Two and

1917
$6,000.... Apr.,
7,000. ...July 1, 1917
158,700. .. .Oct. 1, 1917
20,000.... Jan.,
1918
6,300.. ..Apr.,
1918
95,000.... Oot. 1,1918
200,000.... Apr. 1. 1919
215,000.. ..Oct. 1,1919
303, 000.... Oct. 1. 1920
100,000.... Apr. 1, 1921
162,500.... Oct. 1,1921
100,000.... Jan. 1,1922
75.000... Apr. 1,1922
202,000.... Oct. 1, 1922
26, 275.. ..Oct. 1, 1923
526,225.... Oct. 1,1924

4s, A&O,
4s, A&O,
4s, A&O,
4s, A&O,
4s, A&O,
4s, A&O,
4s, J&J,
4s, A&O,
4s, A&O,
4s, A&O,
4s, A&O,
3i2S, A&O,275,000....Apr. 1,

1917

3ias,J&J, 100,000.... July 1,1918
3HS.M&N, 30,000. .-Nov. 15. 1919
3128.M&N, 92,000.... Nov.30,1919
3*28, A&O,
6,000.. .. Oct. 1, 1919
3i28, J&J.120.000
Jan. 1920
3^8, A&O, 25,000. ...Oct. 1,1927
3*23, J&J. 410,000
July 1, 1929
.

TOTAL DEBT, ETC- Oct. 31
City debt proper
Oooliltuate water debt

:

MASSACHUSETTS-CITIES AND TOWNS.

Nov.. 1905.J

LOANS—

:

1905.
$86,566,106
6,779,300

Jan. 31,1905. Jan 31,1904.

$82,446,6^6
$76,454,10''
8,224,000
8,227,000
3,448,000
3,4*5,000
$94,11K,606
$96,776,406
$887l46,T06
30,581.7-^7
28.56u.826
30,383.^12
$66,194,678
$63,734,994
$59,585,280
The following table shows the amount of the gross funded debt,
sinking funds and the net debt on Jan. 31 for the following years
Grons Debt.
Sinking Funds
Net. Debt.
Years.
$94,118,606 00
$30,383,612 00
1905
$63,734,994 00
28,563,826 00
88,149,106 00
1904
5'\585.28o 00
84,885,90<- 00
29,067,496 00
55,818,410 00
1903
79,954.972 28
30,50 4,8? 3 02
1902
49,450,119 26
27,781,335 23
1901
81,629,128 98
53,847,593 75
27,697,062 00
1900
86,966,579 00
59,269,517 00
21,604,153 72
1895
59,337,964 93
37,733,811 21
22.505,598 72
53,930,095 22
1890
31,424,496 50
-42,962,180 02
18,022,484 25
1885
24,939,695 77
14.511,849 19
40,949.332 18
1881
26,437,482 99
ASSESSED VALUATION.—The city's assessed valuation of real
estate and personal property and tax rate have been as follows
Assessed Valuation.
Mate of Tax
Personal.
Tears
Real.
Total.
per $1,000.
$238,313,982 $1,259,746,182
1905
$1,021,432,200
$16-00
15-20
1904
1.006,122,900
1,237.03^,851
230, 15,951
14-^0
234,897,023
1903
985/.60.300
1,220,457,323
1902...
957.496 900
233.777,716
1,191,274,616
1480
14-70
1900
226,644,062
902,486,700
1,129,130,762
12-80
1895
744,743,550
206,618,969
951,362,519
13-30
1890
619,990,275
202,051,525
822,041,800
15-20
1880
437,370,100
202,092,395
639,462,495
15-30
365.593.100
218,496.300
584.089.400
1870
The tax rate for 1905 includes the State tax $1-87 per $1,000; the
county tax, $093 the city tax proper, $13-20; total, $16-00.

County debt
Total bonded debt
Sinking funds, &c
Net debt

—

3,431,0 00

,

*

;

DEBT AND TAX LIMITATIONS.—Taxes in Boston are limited by

Chapter 399 of the Acts of 1900 as follows (approved June 26, 1900):
Section 1. The taxes assessed on property, exclusive of the State
tax, county tax and sums required by law to be raised on account
of the city debt, shall not exceed in any year in the city of Roston ten and one-half dollars, and in any other city twelve dollars,
on every one thousand dollars of the average of the assessors' valuations of the taxable property therein for the preceding three years, the
valuation for each year being first reduced by the amount of all abatements allowed thereon previous to the thirty-first day of December in
the year preceding said assessment, and any order or appropriation
requiring a larger assessment than is herein limited shall be void.
Section 2. Chapter one hundred and seventy-eight of the Acts of the
year eighteen hundred and eighty-five and Chapter two hundred and
eighty one of the Acts of the year eighteen hundred and eighty seven
are hereby repealed.
The new law, in repealing Chapter 178 of the Laws of 1885, repealed
a special Act limiting the indebtedness of the City of Boston to 2 per
cent of the assessed valuation, eto etc. Boston consequently is now
subject to Section 2. Chapter 312, Laws of 1685 (Sec. 3, Chap. 27 of the
1902 edition Revised Statutes), which places the debt limitation at 2^
percentof the average assessors' valuations of thetaxableproperty for
thepreceding three years. Reference to this section of the Revised
Statutes will be found in our remarks under the State of Massachusetts.

one-half percent on $1,20' ,644.267 (average
valuation tor three years, less abatements)
$30,166,108 67
28,10^.353 88
Net debt, as above
Right to borrow Oot. 31, 1905, under Chapter 312
Acts of 1885
$2,060,752 79
Right to borrow under Chapter 93, Acts of 1891, as esti-

limit for various purposes, especially enumerated.
It is proper to state that under Chapter 93, Acts of 1891, the city if
authorized to anticipate its authority to borrow money within its debt
limit for any current municipal year.

NEW LOANS AUTHORIZED.-The

following

is

a

loans authorized but not issued as of Oct. 31, 1905
Inside
Ptirpose of Issue—
Debt Limit.
School houses,ete
$937,000
8outh Union Station
425,000
Bridges
101,500
.

Play grounds
Hospital

Bath department
Sewerage works
Rapid Transit (chapter 187, Laws 1905
Highways
Street improvements
Franklin Onion site
Miscellaneous

summary

of

Outride
Debt Limit.

tf 0,000
220,000
100.000
98,500

;

BRADFORD. —See
BKNJ.
dd A T-^TTTZ»T7•-c^
J-CLLCL.
t>r<A.llN
JHENRY

City of Haverhill.

DYER, Treasurer.
A. MONK, Cl. rk
This town is in Norfolk County.— Incorporated in 1640.
Municipal Lighting BondsWhen Due.
LOANS.—
4s, A&O, $16.500o.... Apr. 5, 1923
Water Bonds—
1918
Interest
is payable in Boston.
4s, J&J, $100,000 o ..Jan. 1,
4s, J&D, 150,000 c.June 1, 1921 Bonded debt Jan. 1, "05.. 272,500
98,500
4s, F&A,
6,000 r Aug. 1, 1926 Note debt
Total debt Jan. 1, 1905.. 371,000
Electric Light Notes—
103,516
$4,000r.. May. 1906-07 Sinking funds
4s, M&N,
3k>s, M&S, 3,400 r ..Sept. 1. 1909 Net debt Jan. 1, 1905.... 267,484
3128, M&S, 1 1, 700 r Sept. 1,1 906-08 Total value town prop431,000
erty, estimated
3%s, J&D 5.000 r June 30, 1910
Tax valuation, 1905
4,981,571
Kgnioipal Notes—
SifiS, M&S,
$8,400 r.Sept.1,'06 09 Total tax (per $1,000) 1905.$22.6O
oi^s, F&A,
6,877
20,000 r. On demand Population in 1905
4s.
2.500 r
On demand Population in 1900
5,981
,
3-62 i28.JAD,32,400r. June 1,'06-14

BRISTOL
COUNT Y.— Geo. F.
County
Taunton. Incorporated 1685.
seat

Pratt, Treas.

is

Building Notes—
1907 4s, A O, $60,000. Oct. 29, 1906
25,000.. Sept. 6, 1906
1906 4s, M&S.
1906 4b,'04,A&O, 40,000. Oct. 21, 1907
3-808. J&D, 20,000. .Deo. 21.1906 4s/05, F&A, 30,000 Au*. 2,1910
4s, A&O,
20,000 ..Oct. 29, 1908 Bond, debt Jan. 1, 1905.$' ,000,000
4s, M&N,
20,000.. Nov. 20,1907 Tax valuafn in 1904 .204,304,884
Population in 1900 was. ..252,029
Population in 1905 was. ..269,005

Buidoe Notes-

When Due.

3*28, F&A, $20,000.. 8epr. 28,
4s, F&A, 60.000... Feb. 7,
3-35s, F&A, 40,000... Feb 7,

D
BROCKTON.—
{w H
Plymouth County.
This city

is

LOANS—

Drainage Bonds—

When Due.

Fire Department—
3i«8,

1906-13

$8,000 r

City

Hall—

A&O, $44,000 r...Oet. 1, '06-16
J&D, 17,000 r June 1, '06-22
J&D,
8,000 r. .June 1, '06-13
1906-1923
4s, A&O, 32,400 r
4s,
4s,
4s,

|

($1,800 due yearly on April 15.)
M&N, $25,500 r.Nov 1, *06-22
M&N, 42,500 r.Nov. 1, '06 22

4s,
4s,

School Bonds—
J&D, $4,000 r... Deo. 1,1905

4s,
4s,
4s,

J&J,

22,000 r...Julyl, '06-16
2,000 r -Aug. 1, '06-07
3^8, M&N,23,100 r...May 1, 1906

F&A,

($1,650 due yearly) to May 1, 1919
3^s, J&D, $30,000 r. June, '06-20
9.000 c.Apr.l.'06-'14
3^8, A&O,
3^8, A&O, 12,000 r... 1908-1917
3198, A&O, 36,000 r.,.,1906 1917
3V.'04,F«?A, 95 000 o.Feb.'06-24
Street Impt. Bonds
4s, J&J, $^, 000 r.... Jan. 1, 1906
($2,000 due yearly) to Jan. I. '07.

—

3 1<28, M&N, $.tft.000 r May 1, 1906
($2,500 nue yearly* to May 1, 1919
3*«8, A&O, 16,000c. Apr ,'06to' 13
3^8. A&O, 16.000r. Apr., 1906-13
.. ...
14,000 r.... 1906-1912
7,000 r... 1906-19J2
3^8, J&D,
.. 1905-1M23
24.000
3^8,
3^s,'05,F&A,20,OOO.Aug.l, '06-15

3H>s,

.

Sewer BondsIs,
4s,
4s,
4s,

F&A, $8,500 r.Aug.1,1906-22
J&D, 27,000 r.J'ne 1, 1906-23
144,000 r.J'ly 1,1906-23

J&J,

A&O, 133,000 r... 1906-1924

($7,000 due yearly on April 1.)
A&O, $90*,000 r... 1906-1923
($5,000 due yearly on April 1.)

4s,

4s,

M&N,

1906-1927

$22,000 r

($1,000 annually on

May 1.)

1907-1921
$15,000
1908-1922
15,000
190^-1923
3'vs, ..
1-.000
3*2S, M&N,
7,000 r. May. 1906 19
3^s, A&O, 33,600r.Apr.,'06 to'29
312s. A&O, 25.000c. Apr., 1900-30
3^s,
3^8,

KEITH, Mayor.

D.

EMERSON, Treasurer.
Incorporated Apr. 9, 1881.

in

.....
... ,
,

3*aB,'05,F&A, 30,000. Feb.l, '06-35

r. July 1, 1906-09
15.400 r Nov. 20, '06-19
J&D, 3,000 r... June 1,'Ofi 11
J&D, 3,400 r. June 1, '06-22

J&J, $10,000

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

M&N,

M&S.13.600

F&A, 4,500

Sept. 1. '06-22

r.
r

1906-1914

($500 due yearly on Aug. 1.)
4s, J&J,
$7,000 r.. July 1, '06-19
3^8, A&O, 6,000 c.Apr., 1906-11
3i«B, J&D, 8,000 r
1906 1913
1906-1932
3ias, ... ,13,500
3198.
1906 1909
4,000
,

Water Bonds—

A&O, $90,000 c.Apr.
A&O, 50,000 c. Apr.

1910
1906
1912
J&J, 50,000 c
M&N, 50,000 c May 1, 1914
M&N, 25,000 r May 1, 1915
M&N. 20,000 r. May 15, 1918
M&N, 10,000 r..May 15, 1919
A&O, 68,0<'0 r Apr. 1, 1920
A&O, 5,000 r..Oct. 1, 1920
M&N, 25,000 r..May 1, 1921
M&N, 20,000 r. May 1, 1922
M&S, 25,000 r Mar. 1, 192?
J&D, 62,000 r. Dee. 1 0, 1923
A&O, 25,000 r.. Apr. 1, 1924
A&O, 25,000 r..Apr. 1, 1925
A&O, 25,000 r Oct. 1, 1925
M&N 25.000 r..May 1, 1926
M&N, 25.000 r.. May 1, 1927
15,000 r.Aug. 1, 1927
4 8, F&A,
4s, F&A, lo.OOO r..Aug. 1, 1928
4s, M&N.110.000 r..Nov. 1, 1932
27,000 r.. July 1, 1933
4s, J&J,
3!as, J&J, 50,000 r.. July 1, 1916
3^s,M&N,15,000 r..May 1, 1917
3*2S, l&D, 10,000 r..Iunel, 1929
3iss,M&N,12,000 r. Nov. 1, 192P
3^8, M&S, 15.000 r.. Mar. 1. 1930
3^8, A&O.13.000 r...Apr. 1, 1931
3^s, J vD.lo.000 v.. June 1,1931
3^8, A&O, 5,000 r.. Apr. 1, 1932
3 >«8, M&N,50,000 r .May 1, 1932
3^)8, F&A, 15,000 r Aug. ',1932
3 l«,8,M&N,1H0.000 r.Nov. 1, 1932
3,000 r July 1, 1 33
3^8, J&J.

5s,
4s,
4s,
4s,
4s,
4s,
48,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

.

3138, '04.

F&A,

15,
15,
July 15,

6r>,O0"c.Feb.l,'34

2\000.Julyl,'34

3-s, 04. J&J,

Stable Bonds—

A&O, $16,000 c.Apr..

'06-13

I

'

$200,000
216,000
325,300

respective!.)
city's

F.

5

1

PAR VALUE OF BONDS.—The bonds are mostly for $1,000 each
NTEREST is paid at the office of the City Treasurer.
TOTAL DEBT, SINKING FUND, Etc.- nni
„ , ^1903.
nM

Totals
$1,341,500
$2,502,000
In addition to above, loans have been authorized outside of dobl
limit without limit as to amount, for Cambridge Bridge, sewerage
charges, Atlantic Avenue extension and Boston Tunnel and 8ubway
and Nnrt-,, « » ir« and Sleeper Street bonds. The amounts issued to
date are $1,350,000, $415,000, $375,000, $2,956,700 and $10,000,

BORROWING POWER.—The

$794,51874

of $2,502,000 inside of the debt limit have been
authorized, but are not yet issued.
POPULATION.— 1905, 593,598: In 1900 it was 560,892 In 1890,
448.477; In 1880, 362,839; in 1870, 25 526.

31.2s.

170,000
180.000
40,000
2

;

mated O t. 31, 1905
Bonds to the amount

,

The foregoing limitation is of course exclusive of debts created for
water supply, and further exceptions have been made from year to
year by different legislatures, authorizing bonds outside of the debt

23

borrowing power Oct. 31,

1905. Is shown in the following statement:
Total debt, city and county
$96,776,406
Less special loans (outside of limit)
$45,694,100 00
do county loans (outside of limit)
2,921,000 00
do Cochituate water debt
6.779,300 00
Total deductions
55,394,400
Total debt less above deductions
$4i,3o2,006
Sinking funds, less $16,173,494 38 held for loans deducted as above (water loans, etc.)
13,276,652
Net debt, excluding debts outside of limit
$^8.10 5. 3 5 x

00

00
00
12
88

Dec. 1,1904.

Dee. 1,

$2,669,950
2,138,000

$2,426,000
1,970,000

$531,950
Bonded debt inside debt limit
771,030
Debt limit 2 3s% average 3-year valuation

$456,000
716,410

Borrowing capacity

$260,410

Gross city debt
Bonds outside debt limit*

$239,080

* Bonds outside of debt limit consist of $1,415,000 water, $560,000
sewer, part of City HaU debt to the amouno of $132,000 and drainage

partment debt, $31,000
^^
The city has no floating debt and the amount of sinking fund Deo. 1,
debt.
water
the
of
1904, $509,135, was all applicable to the payment
The city owns property valued in 1904 at $l.345,7 >8
ASSESSED VALU ATION. -Assessment 5s actual value.
d.

J

Years—
1905
1904
1903
1902

Real

Personal

Total

Estate.

Property.

Valuation.
$32,17-, OaO

....

$26,369,270
25,928,710
25,348,105
24,856,105
1901
1901
24,414,790
1895'!!!!!. 19,460,836
1890
14997,605
...
1882

-.

3.5M.624
3,109,709
2,497,997

POPULATION -In 1905 was47,782;

1890

it

was 27,294

;

in

31,883,263
3 ,227,178
29,419,556
28.680,853
27.93P 414
22,570,545
17,495,602
9,150,702

$5,513,993
5.298.46X
4,071,451
3,824,748

1880

it

was 13,608

in 1900 it
in 1870 it
;

Rale of Tax
per $1,000.
$20-40
19-70
21-SO

19 90
20-70

2010
I860

15-20
16-6623
was 40,063; in

was

8.007.

4

:

MASSACHUSETTS-CITIES AND TOWNS.
When Due.
LOANS——
BROOKLINE.-George H. Wobthley, Treas. Cemetery
24

-

Tills

town

Is

In Norfolk County.

LOANS—

M&N, $7,000r.Nov. 1, 1910
Clay Land Lo'n— (Outside limit.)

Incorporated 1705.

3^8,

STREET BONDS -

When Due.

Miscellaneous—

3153, A&O, $100,0O0.Ap.'06to'lO
21,O0O.Junel/O6-ll
39i 6 s, J&J, $9,400 ...July 1, 1906 310s, J&D,
3 1*8, '04, J&J, 18,000.Jan.l, '06-14
3»i.s. J&D, 83,700
1906-19!
320s, JaD, 30,000 .Dec, 190 -08
Bath house—
3ii s, J&J, 45,000.. Jan., 1906 11 39 16 s,J&J, $2,500.. ..July 1, 1906
3-%3, J&J, 18,000. Jan. 1,1906-23
Bridge Notes—
315a, J&J, 52,500 Jau. 1,1906-12 39,, 8. A&O, $15,000. Oct., 1906-17
33gs, J&J,
9,^00 .Jan. 11906-13 3*. s, MAS, 32.000.Mch., 1906-18
3=»8S, J*J, 32,000. Jau 1,1906-13
School Notes—
338S, J&J, lf.-iOO.Jan.l, 1906-13 358S.M&N, $50,000... May 1, 1906
3^s,'04,jAj,104,500c Jau.1'06-24 ($5,000 due yearly) to May 1, 1915
Jan. 1, 1906
Park Bonds—
3^8, J&J, i:5,000
to Jan. 1, 1915
($2,500 due yearly)
r. .Julyl, '0 -'07
$
.000
TAJ
*
r
4s,
Julyl, 'OR-'ll 35|?s,M&N,$l \000 May, 1906-15
Water scrip—
1,000.....Aug. 1. 1906
4s, F&A,
July 1, 1906
12,000. .Aus.l, '07-'10 4s, J&J, $80,388
4s, F&A, $2,000 o....Aug. 1, 1906 ($4,466 due yearly) to July 1, 1923
4s, J&J, $6,000 c.
.Jan. 1, 1906 4s, J&J, $16,000... Jan. 1,1906
($1,000 due yearly) to Jan. 1,1911 ($1,000 due yearly) to Jan. 1,1921
Mar. 1, 190H 3588, J&D, $35, 105... June 15, 1900
48, M&8,$2«,000
($4,000 due yearly) to Mar. 1, 1912 ($2,065 dueyearly) to June 15, 1922
358S, J&D, $43.750.. Junel5, 1906 39, 6 s, J&D,$19,000. June 15, 1906
($6,250 due y'rly) to June 15, 1912 ($1,000 due y'rly) to June 15, 1924
3Aas, J&J,$10,800
Jan. 1, 1906 3» 16 s, J&J, $9 .000... Jan. 1, 1906
($1,080 due yearly) to Jan. 1, 1915 ($750 due yearly to Jan. 1, 1917
3%«, J&J,$90,000.Jan 1, 1S08-23 313s, A&O, $12,000... Aug. 1,1906
($600 due y'rly) to Aug. 1, 1925
Play Grounds—
314B, M&N,$25,000.. Nov. 1,1918 3-35s, J&J, $},100...Jan. 1, 1906
to Jan. 1, 1918
($700 yearly)
3-lOs, M&S, 2^,000. .Men. 1, 1919
315s, J&J, 100,000 Julyl, '13-'22 338?. J&J, $26.000.Jan. 1, 1906-18
90,000 cJan. l/03-'23 3108.J&D, 19,200..Iunel, 1906-21
3^8, J&J,
3128, J&J, 6«.^00.Jan. 1, 1906-23
School Bonds—
33s&, J&J, *32,000 Jan. 1,1906-13 3 *s8,'0l, J&J, 38,000.. Jan. 1/06-24
3*28/04, J&J,72,000c.Jan.l,'06 14
INTEREST on coupon bonds Is payable at Flr-t National Bank of
Boston; on other bonds by City Treasurer.
. .

Hospital Bds— (Outside limit.)
J&J, $6,000 r....July 1, 1922

3*5>s,

Water Bonds—
A&O, $90,000
M&N, 22,000

Feb 1,1904. Feb. 1, 1903.
$1,620,474
$1,543,335
$1,440,996
339,724
319,905
262,686
$1,-424,130
$1,280,750
$1,178,310
2.648.24 4
2,615.187
2,582,940
Available balance
$1,367,494
$1,391,057
$1,404,630
PROPERTY.—The value of town property on Feb. 1,1905,
Including buildings, parks, water works, eto., amounted to $5,537,259.
The water works are valued at $1,029,000.
ASSESSED VALUATION and tax rate have been as follows
-Assessed Valuation
Rale of Tax
Tears—
Real.
Personal.
Total,
per $1,000.
1905
$90,852,400 $1200
1904
1O-50
$61,842,600
$26,432,200
88,274,80)
1903
59.965,200
27,207,700
87,172.900
1000
1902
57,915,100
28,178,700
1000
86,093,800
1901
56,295,900
26,932.200
83,228.100
1000
1900
10-20
54.453,100
77,952.900
23,499,800
1899
52,541,900
21,988,100
74,530,000
1050
1898
11-80
49,947,300
16,579,700
66,527,000
1897
12-20
47,519,000
16,650,200
64,169,200
1896
12-40
43,782,700
15,129,300
60,912,000
Feb. 1. 1905.

Total debt

Deduct water debt
Net debt as defined by law
Net debt allowed by law

TOWN

,

POPULATION.-In

1905, 23,424; in 1900, 19,935; in 1890, 12,103

CAMBRIDGE.This city

is

in

AUGUSTINE J. DALY. Mayor.
WILLIAM W. DALLLNGER. Treasurer.
.HARRY T. UPHAM. Auditor

Middlesex County

LOANS—

When Dut.

Bridge Loan— (Outside limit.)
A&O, $10,000 r. Oct. 1,1917

4s,
4s,
4s,
4s,
4s.
4s,
4s,
3i«8,

lueorporated March
Paving Bonds—

3*28,

A&O, $20,000

School Bonds—

J&J,

r.

17,

Oct.

1846

1,1907

100,000 c July 1, 1918 3»28, J&J, $L00,000r..T')v 1,1917
M&S, 100,000 c.Sept.l, 1918 3*23, M&N,
9,500 r Nov.l, 1907
M&S, 115,000 c Mar. 1,1919 4s, A&O,
6,000 r Oct. 1, 1916
M&N, 5,000 r. Nov. 1, 1920 3128. F&A, 142.000r.Aug 1,1918
J&J.
60,000 c.July 1, 1921 3128, M&N, 100.000 r. May 2, 1918
F&A, 10,000 c Aug. 1, 1923 3>28, J&D, 50.000 r June 1, 1918
J&J,
50,000 r July 1, 1939 3»3S, J&J,
42,000 r.July 1, 1919
319s, J&J, 100,000 r.July 2, 1940 :^s, M&N, 13,000 r.Nov. 1, 1919
3s,
F&A, 100,000 r.Fet,. 1, 1:111 3>28, J&J. 76.000 r.July 1, 192L
3^8, M&N, 100,000 r.Nov. 1 1011 3*29, J&J. 86,500 r.July 1, 1922
3s.f, J&J, lOo.OOOcfer.J'yl, 1042 3'ss, A&O,
11,000 r. Oct. 1, 1922
3 '*b, J&J,
50.000 r Jan 1, 1943 3^, A&O, 80,000 r Oct. 1, 1*23
3 S s, A&O, 50,000 r Apr. 1, 1 943 3ios.'04, A&O, 80.000 O.Apr. 1,'^4
31qb. F&A,
50,000 c Aiiff. 1, 1943 3V.H/04, M&N, 20,000 r.Nov. 1,'24
3%8,*04,J&J, 100,000r..lau l,'4t 3**a/04. M&N, O.OOOr.Nov. 1/24
3 s s,'04, M& N ,200,000
M ay 1 ,'44 3 W05, M & N, 2 1 ,000 May I, '25
3Ks,'04,FvA,150,OO r.Aui.1/,4
Pitulic Lihrxry Bonds—
3^s/04,M&N, 2«.000r May 1 ,'34 3 k B, M&N, $27,000 r.Nov. 1, 1921
3Aes/05,M*N.15O/'O0... May 1/15
Sewkr Bonds— •Inside limit.) —
Building Loan—
4s,
M&N, $30,000 r.Nov. 1, 1907
48,
F&A,$118,000('Ar.Aug.l,*l4 48, M&N, 22,000 o Nov.l,
4s,
A&O, 60,000 r.Oct. 1, '15 4e, M&N, 15,000 r May 1, 1909
1910
4a,
A&O, 103,000 r.. Oct. 1. '16 4s, J&J,
15,000c July 1, 1911
3*vs, A&O,
3,000 r Apr. 1.19*3 48, F&A, 75,000 our Aug.1,1924
3»2S.'04,A.<O, ^6,000 c Apr.l ,'24 4s,
A&O, 60,000 r.Oct.
1925
3^s,'04,M&N, 5.000 r May l,'2i 4s. A&O, 75.000 r.Oct. 1,
1. 1916
mitropol'nPark Ass't Loan— 3^8, t&A, 1 0.OOOr. Aug. 1, 1931
(Outslda limit.)
3>2P, A&O,
20,000 r.Oct 1, 1933
3i«b, F&A,
46,000 r..Aug. 1, '32 /< 128,'04, M&N, 40,000 r. May 1, '34
Municipal Bonds—
3»28,*04, M&N, 5,000 r Nov.l, '34
3*28, F&A, :f4,900 r..Aug. 1, 1908
Sewer Bonds— (Outside limit)
3*28, J&J, 45,000 r..July I, 1809 3i2M, M&N, $42,000 r.Nov.
1, 1929
3ies, M&N, 32,000 r Nov. 1, 1909 3128. J&J, 100.000
r.July
1930
3i«s,M&N, 36,000 r..Nov. 1, 1910 3^s, F&A, 100,000 r. Aug. 2,
1,1931
3*28, M&N,3-i,000 r..Nov. ), 1911 3>2S, M&N, 20,000 r Nov.
1, 1932
3»ss, J&J, 38,000 r.. July 1, 1912 3i«8, A&O, 40,000 r. Apr.
1, 1933
3Vs, M&N.20/100 r Nov. 1,1912 3vs, M&N, 47,000 r. May 1, 1934
Park Bonds— (Outnlde 'imit.)
3*28, M&N, 25.000 r Mavl, 1934
4s,
F&A,$360,000e<fcrFeb.l,1924 3"4 8.'05, M&N, 90,000. May 1.L935
48
F&A, 100,000 r. Aug. 1, 1935
Street Loan—
f&a; 100,000 r Feb. 1, 1936 4s, F&A, $30,000 o.Aug.l, 1914
4s!
F&A, 100,000 r Aug. 1, 1926 4s, A&O, 60,000 r.Oct, 1, 1915
48,
4s,
A&O, 40,000 r. Oct. 1, 1926 4s, A&O, 137,000 r.Oct. 1,1916
3Jfl8, M&S, 100,000 r. Sep t.l, 1937
3*28, M&N,
11,000 r Nov.l, 1907
3»28, M&N,
50,000 r Nov. 1, 1937 3>28, M&N, 15,000 r. May 2,1918
3^8, F&A, 100,000 r. Aug. 1, 1038 3»28, M&N,
5,000 r Nov. 1, 1919
3*28, J&D,
50,000 r. June 1, 1938 3*28, M&N, 21,000 r.Nov. 1, 1920
3V, F&A, 100.0 Or. Aug. 1, 1939 3V28. J&J, 54,000 r Julyl, 1921
3»28, J&J,
50,000 r July 2, 1940 3>*8, J&J,
3O,00Or.July 1,1922
3»28, M&N, 50,000 r.Nov. 1, 1940 3ies, M&N, 14,<K)0r Nov. 1, 1922
3*28, M&N, 100,000 r. Nov. 1. 1941 3>28, A&O,
4,000 r. Apr. 1, 1923
3128, J&J,
48,000 r.J'Jyl. 1942 3 'ob, M&N, 12,000 r Nov. 2. 1*23
3»«b, F&A,
50,000 r.Air. 1, 1943 3>«8,*01, M&S. 59,0o0 r Sept 1, '24
3>«b,'04. M&.ri. 25,000 i-.M H ..t. I. "44 3>«8,'04, M&N, (> 500 r.Nov. I '21
3ifl8. 04, M&N.
0.000 r Nov. 1, '14 3>28'05 M&N, 84 000 ..Mayl '25
3»s8'05,M&N 5.000 Mayl '45
>

'

i

,

1,

1907

,

J&J,

rNov. 1, 1907
J&J,
46.000 cJuly 1, 1908
F&A, 25,000 cAug. 1, 1908
20,000 cJuly 1, 1909
J&J,
M&N, 288,000 c&rMay 1/10
75.000 cJuly 1, 1910
J&J.
M&S, 125,000 cSept. 1, 1910
20,000 c Jan. 1, 1911
J&J,
A&O, 35,000 c Oct. 1, 1911
J&J, 150,000 c Jan. 1,1912
M&», 75,000 cMay 2, 1912
M&N, 45,000 cNov. 1, 1912
F&A, 100,000 rFeb. 1, 1913
INTEREST on bonds Is payable In Boston.

.

TOTAL DEBT, SINKING FUND. ETC-

rOct.

F&A, 200,000 rAug.
A&O, 100,000 rApr.

1, 1915
1916
1
200,000 rJuly 1, 1916
F&A, 100,000 rAug. 1, 1916
A&O, 265,100 rOct. 1, 1916
A&O, 300,000 cApr. 1, 1924
M&N, 43,000 rNov. 1, 1906
100,000 rJuly 1, 1917
3^8, J&J,
3*28, A&O, 200,000 rApr. 1, 1917
M&N,
3^28,
75,000 rNov. 1, 1917
3128, J&D, 140,000 rDec. 1, 1917
3%s, M&N, 50,000 r.May 2, 1918
3*28, J&D,
60,000 r.June 1,1918
3J28, M&N,
50,000 r.Nov. 1,1918
3*28, M&N,
23,000 rNov. 1, 1919
3>2S, M&N,
30,000 rNov. 1, 1920
3J28, J&J,
30,000 rJuly 1, 1921
3»28, J&J,
13,500 rJuly 1, 1922
3 <*s. M&N,
5,000 rNov. 1, 1922
3>2S.'05. M&N i6,O00..Mav I '25
3*2S'05 M&N,250,OO0.Mayl'/06-25

48,
48,
48,
4s,
48,
4s,
3128,

J&J,

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

Water Bonds Con.)F&A, 50,000 ctrAug. 1, '13
A&O, 200,000 rApr. 1, 1915

4s,
4 8,

$50,000r July 1, 1911
M&N, 20,000 r. Nov.l, 1912
mVb, F&A, 10,000 r. Aug. 1, 1913
17,000 r. J uly 1,1914
312s, J&J,
4s,
3128,

Vol. lxxxt.

TOTAL DEBT, SINKING FUNDS,

Dec. 1 1903.

$5,880,400
873,344

$5,489,900
1,109,978

$5,3U,900

1 . .$5,007,05 6

$4,380,922
$3,350,600
1,262,822

$4,221,645
$3,350,600
1,107,636

Total general bonded debt

Sinkingfunds

Net municipal debt Dec.
Water debt (additional)

Etc.-

Dec. 1 1904.

$3,350,600
1,218,687

Sinking funds

Dec.

1,

1902.

1,095,255

$2,131,913
$2,087,778
$2,242,964
Net water debt
$6,464,6o9
$6,468,700
Net city and water debt. . . .$7,138,969
BORROWING CAPACITY-The borrowing capacity for city purposes on Dec. 1, 1904, was $501,434 60.
The sinking fund for the ten-year loans receives yearly 9 per cent
of the amount of outstanding bonds, for fifteen-year loans 5^ per cent
yearly, for the twenty-year loans 3% per cent, for the thirty-year loans
2^ per cent and for the forty-year loans IJ3 per cent.
CITY WATER WORKS.— The cost of the water works up to December 1, 1904, was $5,772, 507-)3, while the net debt on the same is
$2,131,913. In year 1904 water works receipts were $351,682.
ASSESSED VALUATION.—The city's assessed valuation aud tax
rate have been as follows, property being taken at cash value
Rate of Tax
Assessed Valuation
Personal
Total
Real
per $1,000.
Tears—
$19-00
$15,994,100 $103,845,600
$87,851,500
1905
17.34H.500
17-90
104,827,600
87.481,100
190*
17,708,510
104,771.910
16 90
87.063.400
1<M)3
1830
17,742,985
98,139,885
80,396,900
1902
16-90
17,865,230
94,465,930
76,600.700
1900
15*70
16,607,360
80,911,060
64,303,700
1895
15-60
15,339,925
67,574,925
52,235,000
1890
15-50
12,758,255
55,346,555
42,588,300
1885
16-00
11.699,660
49,629,060
37,929.400
1880
POPULATION.— In 1905 was 97,4«6; in 1900 it was 91,886; in
1890 it was 70,028; in 1880 it was 52,740; in 1870 it was 39,634.
:

>

,

CANTON.
This town

is

5

I

ROBERT BIRD, Treasurer.

WAL TER

AMES, Cierk.
Value town property, $379,200.

in Norfolk County.

LOANS—

TP7i.cn Due.
4s, J&J, $4,000...
July 1, 1926
Bonded debt Jan. 1, 1905 $119,000
1906 to 1917 Total valuation 1904
3,700,590
Assessment about \ actual value.
($5,000 due yearly on July 1.)
1923
Total
tax
rate
(perM.)1904
...1918
to
$36,000.
J&J,
$1600
48,
Population in 190i was
4,702
($6,000 due yearly on July 1.)
1924 to 1925 Population in 1900 was
48, J&J, $14,000
4,584
($7,000 due yearly on July 1.)
INTEREST is payable at the town treasury

Water Bonds—

4s, J&J, $6i>,000

r^l-im
CCA
OXT.li.i_OIi./\.
The

—

5

EDWARD

-J'j-.

B.

WILLARD, Mayor.

E.

FROST,

Treasurer.

Incorporated March 13. 1857.
Due.
School Loan -Outside limit.
City Bonds— Inside limit.—
3»e. J&D, $61,200 ...Dec. 1,'O.VIO
city is in Suffolk County.

LOANS—

—

When

Water Bonds— 1891—

A&O, $100,000 c.Oct. 1, 1907
Special Loans— Inside limit. —
4b, J&D, $32,000 r... Deo. 1.1911
4s,

10,000.... Dec, 1905-06
9,000 ... Deo. 1, 1907
Loan— Outside limit

4s, 1904,

)

J&D,

i

|

—
Park
48. A&O. $100,000 c.Oct. 1, 1936
Pcblic Imp. Loan— Outside limit.
4a, A&O, $40,000 c. .. Oct. 1, 1907
4s, A&O, 70.000 c... Oct. 1,1927
4s, A&O, 200,000 o....Oct. 1, 1925
INTEREST

is

4s, g.,J&J!5g.,$l 50.000 O.Jul., 1911
4a, g.,J&J!5g., 150.000 O.Jul., 1921
Refunding Bonds— Inside imit.
4s, A&O, $181,000 c.Oet. 1, 1911
4s, J&D, 516,500 r.. Dec. 1, 1911

City Notes—
4s/05, J&D, $40,000 Deo.1/00 '09
4s '05, J&D, 15,000 Deo. 1/06 '08

Water Notes—

J&D. 10,000. .Deo. 1,1906
paid in Boston at First National Bank or by City
48, '05,

Treasurer, Chelsea.

TOTAL DEBT, SINKING FUND,

shows Chelsea's

ETC.-Tbe subjoined statement
water debt, the special loans
on the 1st of January of each

total municipal debt, the

and the sinking fund held by the

city,

of the last four years.

Jan..

1, 'OS.

Jan.

1, '04.

Jan.

1, '03.

Jan.

1, '02.

Loans and debt.... *$1,392,700 "$1,319,500 "$1,319,500 *$1,339,200
Sinking fund
493,113
546,150
432,509
36., 098

Netdebt
$846,550
Water debt(addit'al) $300,000
do
sinking fund
91,983
Net water debt.

$208,017

$82^,387
$300,000
83,107
$216,893

net debt
$1,043,2(-0
$1,054,567
Including improvement and park loans.

(Vital
*

CITY PROPERTY.—The

city

owns

its

$886,991
$300,000
74,577

$972,102
$300,000
66,377

$225,423
$1,112,414

$233,623
$1,205,725

water works, which

in

1904

earned from water rates $114,000.

ASSESSED VALUATION.— The city's assessed valuation
as actual value)

and tax rate have been as follows

(the same
in the years named.

Assessed Valuation
Rale of Tax
Personal.
Total.
per $1,000.
$2,431,179
$24.413,*>29
$18-60
18-60
1903
2,324,564
24,099,964
17-60
902
2,340.945
23,945.595
17-80
1901
2,185, 70
23,497,720
18-40
1900
2,330,500
23,711,750
1895
2,482,993
1700
22,515,043
1890
17-60
2,613,439
20,801,139
IHS1
2.300,947
I860
18.103.497
POPULATION.-In 1905 was 37,277; in 1900 it was 34,072; in 1890
it was /7.909; In 1880 it was 21,782; in 1870 it was 18,547.
,

Tears—
1904

Real
$21,982,450
21,774,500
21,604.650
21,312,050
21,381,250
20,032,050
18,187,500
15,802,550

,

MASSACHUSETTS—CITIES AND TOWNS.

Nov., 1905.]
SO. A.

WaTkk notks—

Hampden Co., and was incorporated as a oity in 1890.
When Due. School Bonds and Not its— Con. Electric Light Bonds—
5s, J&D.
$2,000 ...Dec. 1, 1905

Chicopee

is In

LOANS—

J&D, $54,000o. Deo. 1, 1905-'22
J&D,
6,000 ...July 15, 1906
J&D, 2, 500... Dee. 1, 1905
3^s,g., J&D, 26,000c. June,*06 31
J&D. 3,000.. Deo. 1. 1910
3Vs,
4s,
4s,
4s,

4s,
4s,

J&D,
J&D,
3^8, J&D,
3*28, J&D,
J&D,
4a,
J&D,
4e,

$2,800.. .Deo.
10,000... June
10,000.. .. Sept
19,000... June
4, 500... Dec.
3.300. .. Deo.

8EWKR BOND8—
4s. g., A&O, $13,5000

1

906

Water Bonds—

4b, J&D, $180,0000. r>eo., 1906-23
4s, g. J*D, 3I,500c.June,190«-26
3»«8, F&A, 14,000 cAug.. 1906-19

mio

1,
1,

1,

313s, g. J&D, $7 ,000 J'ne 1,'06-S9
48,'<)4,J&l),g. 45,0O0o.Jne.l,'06-14

2,1905
1, 1906
1,
1,

4,000 .... Deo.

A*0,
1,500 ...Oot 1, 1910
3 %,s,'05, J&D 9,000... June 1, 1915
Refunding Bonds—

City Notes—

4b,
48,

J&D,

1911
1905
1908

Total debt

May

Water debt

1, 1905...

(included)....

$603, 900

238,000

Tax valuation, real
7,756,940
Oct.. 1, 1913
Tax valuation, personal. 2, 314, 830
School Bonds and Notes—
Total valuation 1905. 10,071,770
4s,
J&D, $26,0000.. June 1, 1907 Tax rate (per $1,000) 1905. $2 1-00
3^8, J&D, 23,000o June 1, 1909 Population in 1890 was
14,050
3^8, J&D, 10,000.. June 29, 1908 Population in 1900 was
19,167
12,000... June 2, 1912

3»as,J&D,

INTEREST

Population 1905

payable at the National

is

of Boston.

This town

is

In Worcester County.

LOANS.—

Refunding Bonds—
3138,

When Due.

J&J, $175,000 C.July 1,1930

A&O, $100,000 cOot.
J&J,
J&J,
J&J,

1,

1907

30,000 o. July 1, 1914
July 1, 1918
20,000
50.000 c. July 1, 1921
34,000 c.June 1, 1926
.

3^8,

g.,

A&O,$78,000

Notks
Sewer

$5,000.. 1906-1909
1,250
1906

Street

School

dp
dO

Incorporated In 1850.
Notes- (Con.)—
Library
$15,000. .1907-1911
Library ...
3,000.. 1906-1908
Water drain ... 2,000.. 1906-1909
Bonded debt Feb. 1, '05.. $490,000
Note debt
54,791
Total debt Feb. 1, 1905 $544,791
8inklngfund
156,234
Net aebt Feb. 1, 1905.... 388,557
Water debt (inclu ded) . 3 1 5 ,000
Water sinking fund (ino.) 117,714
Borrowing capacity Feb.
1,1905
51,959
Total valuation 1904
8,107,714
Tax rate (perM.) 1905
$21-00
Population In 1905 was. ...13,105
Population in 1890 was
10,424
. .

Oot.,'06-3l

3,000 .1906-1908
.14,000. .1906-1912
,.„,;:::: 1,07Q .,,.„,. 1906

CONCORD.—J. M. Ke*es, CWm'u of Selectmen.
This town

is in

LOANS—

Middlesex County
When Due.

Water Loans—
4b, M&N, $10,000
4s,
4s,

c
1,000

May

FA A,

J&D,

3*28,A&0,

Sewer Loans—
4s.

4s,
4s.

M&S, $70,000 c.Sept.
MAS, 25,000 o... Sept.
M&S, 4,000 c.Sept.

Light BoNtos—
4s,
48.
4b,

F&A, $35™000 c... Aug.
F&A, 16,000c ...Aug.
F&A. 10,000 C... Aug.

3is.s,M&N
3V>s.
3i2B,

Incorporated Sept. 12, 1635.

Fire Station Notes—

5 $4,000 c. Sept. l,'06-09
1908
j
2,000 c.Sept. 1, 1910
Bridge Bonds1908
1915 3%s, F&A, $1,000
Aug. 6,1906
School Bonds—
1923
4s, A&O,
$:,000c Oot. 1, 1906
1,1928 3"os j<bj,
2,000cJTy20, 1906
jib, TAT $ 12> 000c J'ly20,'07-10
1, 1929
£
1,1931 3i«8
1.000 c Aug. 1, 1906
d^s, *,»A,
F&A \f 6,000c
Aug.1,'07-09
Total debt Feb. 1, 1905.. $255,000
1, 1929
Floating deb.;
1, 1930
5,000
Sinking funds
1, 1931
20,1 60
Tax valuation 1904
1, 1932
5,490,035
1, 1933 Tax rate (per $1,000) 1904..$13-90
1, 1934 Population in 1905 was
5,372
Population in 1900 was
5,652

4s
M*a
48, iBAB,

1,
c. ..Aug. 1,
4,000 c. . June 5,
8,000 o... Oct. 1.

,000 c. ..Nov.
15.000 c... Oct.
10,000... Aug.

1(

A&O,
A&O,

.

.

i

j

1

nAMAn?DC
UA1N V anS. —
This town
4s,

$ A. P.
}

LEAROYD, Town

JULIUS PEALE,

Essex County.
When Due.
LOANSJ&D, $l,250c ... June 1, 1906
is

J&J, 12,500 c. ..1906 to '17

48,

Clerk.

Water Bonds—

A&O, $15,950 cOct.,

1906-16

Electric Light Bonds—
4s,
4s,
4s,
4s,

J&D, $11,000 c.June 1, 1916
J&D,
4,000 c.June 1,1917
A&O,
2,000 c.Apr. 1,1918

5,500 c.July 1,1928
J&J,
J&J, $150,000c& r.July 1,1906 3i4s,A&0,
4,000 c.Apr. 1,1929
J&D, 25,000 C June 1, 1911 H^s.A&O, 1,500 c.Apr. 1,1930
J&D, 15,000 C .June 1,1913 4s, A&O, 5,500 0. Apr. 1,1931
1918
A&O, 22,800 c. .Apr. 1, 1919 4s, A&O, 2,00<>o....
F&A, 11,715 c. .1920 to 1926 ..s, A&O, 1,400 c Apr. 1, 1919
1W15
.June 1. 1926 4s, A&O, 20,000
J&D, 14,000
F&A, 2,993
.Feb. 1. 1927 Bond, debt Jan. 1, 1905. $327,543
F&A, 1,335 c. ..Feb. 1. 1928 Floating debt
20,000
.June 1 .1929 Sinking fund
138,648
J&J,
2,800
June 1. 1930 Water debt (incl. above) 253,243
J&J,
1,600
..Oct. 1, 1931 Water s. f. (incl. above). 127,906
A&O, 1,500
..Oct. 1, 1932 Tax valuation 1905
A&O, 1,500
5,320,430
A&O, 1,500.... ...Oct. 1,1933 Tax rate (per $1,000) 1905.$18*00
8,542
A&O. 1,500... ...Oct. 1,1934 Population in 1900 was
.. 1935
Population In 1905 was
A&O, 5,500
9,063
..1910
3%s, J&D, 2,500
INTEREST payable at First National Bank, Boston.

5s,
4s,
4s,
4s,
4s,
4s,
4s,
48,
4s,
4s,
4s,
4b,
4s,
4s,
"a,

.

c
c
c
c
c
c

Treasurer.
ntrnu
a
LJllilJriAlVl.
— 5E.DONA. BROOKS,
GLEASON HILL, Clerk.
tv/t

This town

J

is

in Norfolk Countv.

LOANS—

When Due.

Sewer Bonds—

F&A, $108,000 c Feb.

1, '06-41
46 000 °- Oct -l.' 06- 2 8
3ios
A&O$$
3^8,A&OJ 1,000 c.Oot. 1, 1929

4s,

-

Sewer Notes—

48,

J&J, $20,000

Jan.

Street Notes—

2,

1906

Miscel.

M&N,
M&N,

Town Notes—

$1.000.. ..May 14, 1906
4s,
1,2<>0. ..Mar. 10, 1906
4s, M&S,
4s,
2,000.
24, 1906-10
JaD,
4s,
3,000 ,Iune2«,1906-O8
4s, M&8,
6,000 Sept.19, 1906-11
4s,'05, J&D, 10.000... .1906-1910

May

Bond, debt Oot. 1, 1905. $157,000
195.350
Note indebtedness
Total debt Oct. 1. 1905.. 352,3^0
8,247,525
Assessed val, real

3i«8..T& J, $48,450

Asaei-sed val

4s, J&D,
4s,
4s, J&D,
4s,
4s, M&S,

.I

My 17, 1906-22

20,000. June

1906-13
Nov.
1906-14
1,000 June 3, 190«
33,500. Oot. 25, 1906-17
9,000. Sept.19, ly06-14

M&N, 16/50

A&O

1,
t,

pers'l..
2,880.009
Total valuation 1905... 11, 127,534
Tax rate (per $1,000) 1905. $18-20

EASTHAMPTON.Jos.
town
Hampshire
This

is

In

LOANSTown Farm—

3»*8,

A&O, $5,000

Bridgk
4b,

M&N,

,

Population iu 1905
Population in 1890 was
Population in 1 900 was

W. Wilson,

7,774
7,123
7,457

Trens.

County.

"

When due.

....Oct. 1,

1906

Notes $4,500. ...May 25, 1907

School Notes—
3%8, M&S, $38,000.. Sept.

1,

1912

Sewer Notfs—
4s,
4128.

M&N, $2, 800.... May

25,1907

8,000. July 1, 1908-09
4^8, A^O, 4,000... Oct. 1. 1910
32.000. Jan. I, 1917-20
48, J&J,
3^8, 1905 J 10,000. Apr. 1,1921-22
A&O, I 4,000 ...Apr, 1, 1923

J&J,

I

I

I

Floating debt
Total debt Jan.

Court Hocse Loans—.

Population in

Popula ion

3 4i8,J&l>,$170,000.. $15,000 yrly.
G^s.Nov., 45,000.. Nov., 1906-14

in

Population in

Notes —

'05, Nov.,
5s, '05, Nov.,

Kobinson, Tr

ftonn

r.

When Due. Bonded debt Jan. 1,1905. $390,000

3 1qb,J*D,$ 170,000.. $15,000 yrly.

8,

.f-:;,767,>)82

1.

seat.

LOANS—

.

00

|

Bkidgk Loans—

150,385

1905
1900
1890
1905
1,

.

540, ^85

357,030
299,995
380,916

$6,000. Nov. 8.'06-ll
50,000. Nov. 8,'06-15

H. H. NEWTON, Mayor.
PArc-DtTTT
V E, Jrl i 1 — NATHAN
NICHOLS, Treasurer.
<

li,

EL*

\

Everett 1s in Middlesex County. It was formerly a part of the town
of Maiden, but was incorporated as the town of Everett on March 9,
1870. Incorporated a city Jan. 2, 1893.

LOANS—

Refunding Bonds—

When Due.

Municipal Loans— 3*,

3 78», 4»

3*28,

48,'O\M&N,$25,O00c.Mayl,'06-30

School Bonds—

awl 4 1«s.
Amount Due.

Amount, 4s,'05.J&J, $80,000o. July 1/06-15
1905.... $72,146 1915... $12,050
Water Bonds—
1906.... 63,575 1916 .. 10,050 4s, J&J, $30,000o... July 1, 1922
1907.... 52,475 1917... 10,050 4s, J&J, 100,000 c.July 1, 1921
1908.... 47,575 1918... 10,0=0 4s, J&J, 70,000 c... July 1, 1924
1909 ... 42,675 1919 ... 10,050 Bond, debt Nov. 1, 1905 $908,000
1910
4fi7,253
42,575 1920... 10,050 City notes.
1911.... 35,075 1921 ... 10.050 Total debt Nov. 1, 1905 1,37.*- ,253
23%40tf
1912.... 31,288 192'2....
8,751 Sinkinafund
1913... 19,750 1923...
7,214 Net debt Nov. 1, 1S05.. 1,130,847
1914.... 13,250| 1924...
200,000
2,000 Water debt (included)..
Sewer Bonds—
Assessed val't'n, real 19,951,150
4s, J&J, $50,000 .... Jan. 1 1911 Assessed val't'n, pers'l. 2,240,750
4s, J&J,
50,000 c. July 1,1911 Total valuation 1905 ..22,1 91,900
4s, J&J, 125,000 c... July 1,1923 Total valuation 1900.. .18,705,100
4b, M&S, 100,000 c .. Mar. 1,1929 Total valuation 1890.
7,889,650
4s. J&D, 1 00,000 c
Junel, 1931 Assessment about actual value.
Surface Drainage Bonds—
Tax rate (per $1,000) 1905 $17-80
4s. J&D, $100,000 o. June 1, 1931
Population in 1905
29,108
4s,'03,J&D, 78,000 c.June 1, 1933 Population in 1900 was. ...24,336
Population in 1890 was
11.068
Population in 1870 was
2,220
INTEREST on bonds is payable at the Winthrop Nat. Bank, Boston;
on city notes by Treasurer's check.
WATER WORKS— City owns and operates its water works. Receipts for 1904 from water rate s, $84,9 71.
.
.

.

1

.

'

.

.

,

I

,

I

. .

A

F"
T T
J.
^x*->i~.

RIVFR
v J_jrt.

-5 CEAS.

jn.J.

}

This city, which

LOANS—

When Due.

M&S, $102,000... Mch.
3^8, F&A, 14,000.. .Aug.
4s,

3i<38,

3!as,
3i28,

J&J,

M&N,
A&O,

3i«8,A&0,
3^28,
4s,
4s,

A&O,
A&O,
J&D,

1906
1910
1911
1911
1912
1912
115,000. ..Apr. 1,1913
20,000... Oct. 1,1913
10,000.. Dec. 1, 1913

1,
1,
30,000.. July 1,
15,000... Nov. 1,
120,000. ..Apr. 1,
40,000 ..Oct. 1,

Public Library—
4s, J&D,$75,000*....June
4s,
4s,
4s,

J&D, 75,000*

M&N,

1,

1925

. . :

May 2,

25,000

1918

M&N, $20.000 ... May

1909
A&O, 30,000... Apr. 1, 1912
A&O, 25,000... Apr. 1,1913
1

.

Park Bonds—
M&N, $50,000*. May 2, 1914
A&O, 25,000. ..Apr. 1, 1952

3ks, J&D,

M&N,

3ns, J<U,
3*28, '05,

Water

25,000*. .Dec. 1, 1952
25,000*. .May 1,1953
25,000*.. July 1, 19*3

M&S, $22,000 Mar.

1,'15

Bonds— (outside limiti
6s, M&N, $100,000... Nov. 1, 1906
100,000...
5s,
1,1908
5s, F&A,
100,000... Feb. 1,1909
5s,
100,000... May 1,1909
413s, J&D, 25,000.. .June 1,1905
75,000. June 1, 1923
4s, J&D,
25,000... Nov. 1,1923
4s,
25,000. ..May 1,1924
4s,
25,000... Nov. 1,1924
4s,

M&N,

May

M&N,

. .

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

4s,M&N,
4s,
4b,
4s,
4s,
4b,
4s,
4s,
4s,
4s,
4s,

J&D,

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

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

City Auditor.

4s, J&J, $62,500* July 1, 1906-12
Jan. 1,1906
28,000
4s, J&J,
4s, M&S, 150,000. . .Mar. 1, 1907
4s, F&A, 205,000. ...Feb. 1, 1908
4s. F&A,
190.000. . . . Feb. 1 . 1 90»
15,000.... Aug, 1,1909
4s, F&A,
315s, F&A, 130,000... Feb. 1,1910
3*28, F&A, 133,000 .Feb. 1, 1911
3i*B. J&D2, 30,000... Dec. 2, 1911
.

25,000... May
50,000. June
25,000... Nov.
25,000... May
25,000. ..Nov.
25,000. ..Apr.
25,000. ..Nov.
25,000. .Apr25,000. .Nov.
. .

.

.

O...May
150,000... Aug.
50,0(

M&N, 175,000... Nov.
3^8, F&A, 100,000 .Feb.
3^8, M&N, 20,000. ..May
3*28, A&O, 20 ,000... Apr.
20,000... Apr.
3128, A&O,

1925
1925
1,1925
1,1926
1, 1926
1,1927
1,1927
1, 1928
1, 1928
1, 1929
1,1929
1, 1929
1, 1930
1,1930
1, 1931
1,1932
1, 1932
1, 1932
1. 1933
1,
1,

65,000r.K.pt,l,1914
190,000.. May 2, 1914

4s,'04,M&S.

M&N,

3!2S,'04,M&N,25,000.Nov. 1. 1914
3i2S,'05.M&8,158.000.Mar.l, 1915
4s,'05,F&A, 50,000r.Aug. 1, 1915

Refunding Water Bonds—

3i*e,

4s,
3i«S,

3*28,

BRIGHTMAN. Treasurer.

was incorporated in 1854.
Municipal Loans-

4s,

.Dec. 1, 1925
75,000*.... Jan. 1,,1927

J&J,

P.

HEN ry W.CLARKE,

in Bristol Countv,

is

Highway Loans—

3 ias,

4b,'04,.T&D, $8,800. June 27,'06-09
48,'04,JAJ, 13,500 .July 1, '06-14

School Notes—

the

is

4b,
3138,
3is8,

Town House—
4s,

1909

ESSEX
CO.— David
oounty
Salem

Paving Loans—

Treasurer.

In

School Bonds—
4b, J&D. $9,500 c. ...1905-1915
4s, J&D, 10.000 o. June 1,1917

1,

1

abt. HO •, actual value.
Tax rate (per $1,000) 1904. $1650
Population in 1905 was
6,807
Population in 1900 was
5.603

Assessment

.

.

J&D,
Refunding Water Bonds—

Nov.

6,60".. June 1, 1914
Bond, debt Apr. 1, 1905. $133,800
20,0 "0
Floattngdebt

Total valuation

I

Treasurer.

.

Water Bonds—
4b,
4s,
4b,
4s,
4b.

Shaw,

E.

I

J&D,

4s,

Due.

CLINTON.— Charles

Dae.

|

3>sb.M&N, $5.000

20,187

Shawmut Bank

When

LOANS—

BUCKLY, Mayor.
(JOHN D. WHITE, Treasurer.

CHICOPEE.

25

F&A,

*

175, 000.. Feb. 1, 1934

Textile School Bonds—

F&A, $25,000*.. Aug. 1, 1911
F&A, 25,000*.. Aug. 1,1909
School Loans—
4148. A&O, $150,000* .Oct. 2, 1913
A&O, 60,000... Apr. 1, 1918
4s,
4s, F&A, 100,000*.. Aug. 1,1917
70,000.... Apr. 1,1917
4s, A&O,
3^23,
4s,

3^28,

M&N,

100,000*.. May

3%,'04 J&J, 150,000*. July

1,
1,

1925
1924

Sewer Loans—

412s, J&D, $15/>00... June 1,1909
($2,500 due y'rly) to June 1, 1911
4*28, A&O, $10,000.... Oct. 2, 1913

Apr. 1,1906
A&O, 17,500
($2,500 due y'rly) to Apr. 1, 1915
4s, M&N, $25,000... May 1,1913
75,000. ..Apr. 1,1926
4s, A&O,
18,000. ..Oct. 1,1914
4s, A&O,
4s,
F&A, 65,000. ..Feb. 1,1925
M&S, 25,000... Mch. 1,1914
4s,
4s,
J&J, 100,000*.. July 1, 1926
3%s, M&N, 2,500. ..Nov. 5, 1906
($500 due yearlv) to Nov. 5, 1910
3Hss, M&N, $12,000.. .May 1,1906
($3,000 due y'rly) to May 1, 1909
312s, A&O, $12,500.. Apr. 1, 1906
($2,500 due y'rly) to Apr. 1, 1910
4s, A&O, $50,000.... Apr. 1, 1927
Apr. 1,1928
4s, A&O, 40,000
July 1, 1928
4s, J&J, 100,000*
Feb. 1,1929
4s, F&A, 20.000
4s, M&N, 40,000.. ..May 15, 1929
4s,

Aug. 1,1929
F&A, 25,000
3i28,M&N,25,000
May 1, 1930
Aug. 1, 1930
3^s,F&A, 20.000
3 12s, A&O, 25,000
Apr. 1, 1931
3»s8, A&O, 50,'J00...Apr.
Julyl, 1931
3128, J&J, 20,000
3128, J&D,
50,000. ..Dec.
3isS,A&0, 100, 000*.. .Apr. 1. 1932
3128, A&O. 20,000 r. Apr.
4s, '04, M&N, 20,000. .May -.',1934 3i«s,A<VO, 50 000. ...Apr. 1, 1933
3H s.M&N, 100,000*... May 2, 1934
3128, '05, M&S, 40,000.. Mar. 1, '35
INTEREST onmostof the bonds is paid only at the office of the City
Treasurer; on some small issues, in Boston.
4s,

INin.Q. Etc.F-rr. —
TOTAL DEBT, SINKING FUNDS,
Jan.
1, '05.
I

Jan.
$4,143,500
Municipal bonded debt
99,133
Permanent loan, &o
$4,242,633
Total debt
1,4 23,303
Sinking fund, &c
$2,819,330
Net city debt
Special loans, less sinking fds. 1,094,195
Net city debt, less sped loans.$l,725.135
1,975,000
Water debt (additional)
842.632
Water sinking funds
$1,132,368
Netwaterdebt
$3,951,698
Tot. net debt

1, '04.

$3,793,000
94,683
$3,887,683
1,374.909
$2,512,774
841,220
$1,671,5*4
$2,080,000
768,669
$1,311,331
$3,824,105

Jan. 1, '03
$3,638,000
91,553
$3,729,553
1 ,229,007
$2,500,546
833,342
$1,667,204
2,060,000
700,692
$1,359,308
$3,859,854

:

:

MASSACHUSETTS-CITIES AND TOWNS.

26

Borrowing capacity Jan. 1, 1905, was $220,321 72. Value of city
property 1904, $6,173,965 36.
ASSESSED VALUATION—The city's assessed valuation (about the
same as real value) and tax rate have been as follows
Hate of Tax
Total
Real
Personal
Years—
Valuation, per $1,000.
Estate.
Property.
1905
$81,754,247
$18 80
$50 212,900
$31,541,347
18 60
80,998,349
1904
49,670,900
31.327,449
18*60
Lh03
77,57^,661
29,578,111
47,9 >7,550
18-20
75.394.297
1902
46,919,300
28,474,997
18-20
74,554,380
1901
28,356.380
46.198,000
18-20
73,511,614
1900
4^,653,950
27,857,664
17-20
65,238,178
1895
25,195,128
40,043,050
16-40
53,473,183
1890
21,013,533
32,459,650
18 00
37,706,495
1880
...
12'00
37,841,294
1872
C

POPULATION— In 1905 (est.), 105,697; in 1900
1890, 74.398; In 1880, 48,961; in 1870, 26,766.

FALMOUTH.— Herbert F
This

town

is

it

was 104,863

Mitchell TV» 8

;

in

.

$10,000
Library loan.
Bonded d^bt June 1 1904.251,000
Road Loan
4s,'04,J&D,$-;5,C00 o.Dec.1/05 13 Assessed valuation, '04.7,764,410
10 »0
Tax rate (per M.) 1904
Water Bonds —
3,f>00
3>«8/Ot,M&N,$40,OO0Mayl/l^-32 Population 1900
2,567
196,000 Population 1890
Water loan

When Due.

ct-rr'iJOTTDr
r
1 1 OriJrSU JrtVjr.
This city

is

SAWYER, Mayor,
— £hHENRYMORSE.
O.

)

Treasurer.

G.

m Worcester Co.

Incorporated as a city Maroh
When Due.
Sewer—

LOANS—

Hospital
3-ss,

A&O, $100,000

B-fis,

M&N

$300

(r.)

1872-

4s,M&N,$35,000 (reg.)Nov. 1,1912
500 (reg.).. 1906-1906
4s, J&J,
3H«,J&D, 3,000(r.)June,190«-'08
4s, J&D,
6,000 (reg.)Dec. 1, 1906

(r.).Apr.l/15
(Redeemable at option of city.)

J&D, $91,000

8,

Nov.l/Oi

4,500 (r.).Dec, 1905-07
4e, J&D,
3Hss,M&N, 4 OOo (r.).Nov., 1906-09
3'«s,M&N, 2,500 (r.). Nov., 1906-10
Bkidqe Bonds—
S-ss.M&N, 1,800 (r.). Nov., 1906-11
3*.J8*04,M:&N, I6,300.-.Nov 1, 06-14 3H8.M&N, 7,000 (r.)..Nov, 1906-12
Fibs Department— (Reg
3ifls.M&N. 4, a 00r Nov. 1,1906-13
4s,
J&D,$l,600(reg.)June'06 07 3H?s/04. M.VN, 6,750 Nov.1/06'14
3*28, J AD,
900(re? ).June '0^-08
SIDEWALK—
8^3, J&J,
800( D.Nav., 100K«9 49, J&D, ,$21 X?( r.) 3*e., 1905-07
3*33, J&J, 7,000. {s) July, 1906-10 3<«s, J&D,
«00(r.).June, 1906-08
313-9 M&2J 4.SO0 nlfoy.l, 06-11
3>98,M&N, 2.800 (reg.) ....1906 09
Crrr Bonds—
3 His, M&N, 2,500 (reg.).. 190 1-1910
4s,
J&D,$200,000(reg.)J'nel/13 3 4)8, M&N, l,SO0(r.).NoY.,190rt-ll
34J8.M&N. 2,500 r.Nuv 1906-10 3*48,M&N, 4,200 (r.). Nov., 190*12
3i*s. A<SO,
2.-00 r Apr 1,'06-14 3H»8,MfcN, 4,000 (r )Nov. 1,1906 13
GEADE C30S8IK3 —
3 1*s.'04,M&N,4,5C0iNoy 1/06'14
4s. J&D. $8,000 (reg.) Dec. 1, 190*
3^3, A<tO, 24,000 r. Cot 1/C613 4a, J&D, $2,000(reg.)J'lyl/06-'06
Paving— (Reg.)
4s, J&D.
1,500 (r.). Dec. 1905 07
312s, J&D, $2,000(r). Deo. 1905-08 SH3S.J&D, 3,000(r.) June, 1906-08
J«fr.I.
3^8,
7,600(r.).July 1*06-09 3H1S.J&D. 2,400(r.) Deo. 1905-08
3!flS, M&N, l,200(r.>.Nov. 1906-09
3Hjs,M.%N, 5,«00 (r.).Nov.,1906-09
3458, M&N, 6,600(r.).Nov. 1906-11 SHiS.M.tN. 2.">00(r.). Nov. ,1306 10
3!ss, M&N, 4,550<r.).Nov. 1906-12 3H38.M&V, 3,000 (rog.)Nov., '06-11
4s,

(reg.)..Dec. 1, '23

(Subject to call after Deo. 1/04)
3i«s
$1,000 (r.)... on demand

)

,

34,8, J&D.

M, 000(1-.). June 1.

3H28,A.t0.l8 000 (reg. Oct.. '06-11
3 ss, M&N,24,500(r.).Nnv. 1906 12

05-13

1

3^«.'04 M&N,5,850.,Nov.l/06-'14

School—

3k)B.M&N.*4,000r.Nov

343b,.1&.1, $8,000(r.).July,1906-09
4s,
J&D, 25,000 (r.). J ime 1, 1914
4s,
200,000(c&r),Mayl, 1923
4s, J&D,
50,000(reg.) June 1, '25

1,

190'i-13

3H?«'04,M&N,22,500r.Nov.l.'06-14

Water—

M&N,

J&J. fl20,000(coii.) July 1, 1906
M&N,100,000(rog.)Mayl, 1911
34>s,J&J.
9,500.July, 1906-1910
A&O, 30O,0OOu-eg.)Apr.l, 1922
3^b,M&N, 4,000(reg.)Nov.,'06-7 3H18.J&D, 12,000(reg.)Dec.l, 1922
3%s, M&N, 5.4o0r.)May 1,06-11 34,8, J&J, 10,000 r... July 1, 1923
3 His. M.vN. 18,5 Oir). Nov. I/O -12 34:8, J&J, 45,000 r... July 1, 1926
3V.04,J&D,ll,700r.Juuol 06-14
34s, M&N, 20.000r Nov. 1/06-13
PAR VALUE OF BONDS.-The bonds are for $1,000 each, part
registered and part coupon.

INTEREST

Bank.

The

on coupon bonds

6s,
4s,
4s,

payable in Boston at Merchants'
bonds is remitted by check.

is

interest on registered

TOTAL DEBT, SINKING FUNDS, EtcDeo. 1,1904. Deo. 1,1903. Deo. 1,1902Total city debt
... $1,693,000
$1,656,100
$1,685,100
Sinking hinds
382,311
372.350
438,588
Net debt
$1,2h3,750
$1,:-* 10,689
$1,246,517
water debt, included above.... $567,000
$512,000
$537,000
Water sink, fund, iucl. above.. $145,619
$1.5,069
$128,286

ASSESSED VALUATION AND TAX RATEReal

Personal
Total
Rate of Tai
Properly.
Valuation.
per $1,000.
$19,666,570
$5,139,734
$24.80-1,304
$ 9-60
19,482,245
4,96 ,595
19-20
24,444,840
1?«2.
19,259,275
4,925.261
24,l>-4.536
18-00
1901
19,056,250
4,977,139
24.933,4«9
19-20
190:>
18,430,275
5,009,617
23.439,892
1800
15,328,719
4,526,755
18-10
19,855,474
J895
1890
11,885,080
3,591,126
15.476216
16-40
POPULATION.— In 1905 was 33,017; in 1900 was 31,531; iu 1890
it was 22037; in 1880 it was 12.429: tu 1870 it was 11,260.
Estate.

,„„
190
1903
]

1

FRAMINGHAM.-John
This town

is

B.

Lombard,

TreH*„

1905

$239,941
Watkk Bonds—
Assessed valuati'n, r*al. 7.706.460
3%8. A*-0, <$:0,ono. Oct.1/06 15 Assessed valuat'n. per'l. 1,667. 227
IPO*. ) 40.000
O t.1/16 35 Total valuation 1905
9,373,687
Sewer Bond>—
Assessment about % actual alue.
4«, F&A, $140,000 o. Aug. 1, 1908 Total tax (per $1,000) 1905. $18-50
Floatingdebr,
$1,159,715 Population in 1900 was
11,302
Total debt Ct. 1, 1905
349,715 Population in 1905 was.... 11,549
Sinking fund
109,774
1,

...

'

1

1

I

This

is in

W. Wood C

1905-1931
3H>s,
42,000....1906to'26
4s
M&<*. 13,000 Sept. 1, 1906-31
4s 0LJ&D.14 500 o.June 1/06-31
3>..->,'O4,.T&D.4i,500..Oct.l/06 34
,

School Loan—

$iw,000
1906 to 1924
34;s A&O. 12.000... Oct. 1906-11
4s '04,.T&D.22,500 Jun« 1 ,1306-23
3Hs, 04,J&D,l5,OOO..Dec.l ,'05-24
4h, J&.T,

,

erk.

County.

Sewer Bonds—
3V8
$18,70^

<

,

4s, J&J, $136,000... July 1, 1908
4s, J&D,
2,000.... Deo. 1, 1905
4s, M<fcN,
4,000
1906
4s, J&J,
7,214.... 1905-1907
4s, J&D,
10,200. .Deal, 1905--07
4s, J&D,
14,800. .Deo. 1,1905 to

($1,875 due y'rly)

Water
3*28,
34)8,

July 1, 1938
(outstde debt limit)—

A&O. $676 000 Oct.l,'03-'31
A&O, 54,000 Apr., 1906 '32

91,000. Oct. 1,'06-'12
. . n (
„„„
.J4!8,a.<su,
^ 220( 00 Oct. l,*13-'32
A&O,
87.000..Apr.l/06-*34

4s,

4>*/05.A&O, 30,000 Apr.l/06-'35
General debt au.l, 1905. 452.112
Street debt (addlti nal ..
46,000
Park debt (additional).
63,750
48 J&D \ 18,000.. June 1, '06-08 Water debt (additional). .1,172,000
M,d«u
f
25,000.. .Juue 1-09-13 Total o>bt Jan 1, 1905. .1,733, 862
4s, 04, J&D, 45,O00. June l/0 -14 Sinking fund
130,8=>8
" JUne 1 '' PjB Axse -sed val., real.. .. 16,399.820
3 ^ s/05, J&D) 4 5*ooo c ru.l.'07-15
Assessed val., per-onal. 4,843,103
Street Extension (OUTSIDE Total valuation 190 1.. 21,242,923
debt LIMIT )—
Assessment about 34 actual value.
3V>s. j.vD. $4^,000
...1905-32 Tax rate (per $1,000) 1904. .$18-80
Drainage Bonds—
Population in 1905 was
26,006
4s, A&O,
$800
1906-1907 Population in 1900 was
26,121
INTEREST on 1 ae city bonds is payable at the First National Bank
01 Boston on the city notes at City Treasury; on water bonds at National Exchange Bank, Boston.
4s,
4e,

J&D, 26,000
J&D, 12,600. Dec.

1906-'09
1, 1905-'10
3ias,J&D, 56,700.. .June, 1901-12

1

.

f

f

;

GREENFIELD.—
Wm.
This town
trict Is

debt.

Allen, Treasurer.

B.

in Franklin County.

Incorporated 1753. The fire disa municipal corporation within the town and has a distinct
is

(See below.)

LOANS—

When Due.

School Loan—

1

Interest

is

payable at Greenfield.

ToLtowndebt Mar 11/05. $111,425
3^s.A&Oi5,$i8,O>0( p )Oct./08 10 Tax valuat'n, real
3^ 8 A *Oio,i2,000(] >-Oot. 15,1911 Tax valuation, personal. 5,160,134
1,327,632
I

-

4s.
4s,

M&N,

4s.

J&J, $12,000 ;r.). July 16, 1914

I

30,000 c *ov.'06-12-l3

A&O.
7,500e.
Sewer Loan—

4s,
4s,

J&J

J&J,

|

Oct. 15, 1915

SettlementTowncpDeerfield.

|

1

I

$5,000(r.)..Oot. 15, 1906

I

1907

|

5,000(r.).

May

1,

Total valuation 1904... .6,487,766
Total valuation 1905
6,757,816
Assessment same as actual value.
Town total tax 1905
$19-20
Population in 1900 was
7;927
Population in 1905 was
9,156

TAX FREE.— AH bonds issued by this town are tax exempt.
Greenfield Fire Dist No I..— W. B Allen, Treas.

Refunding Bonos—
J&J, $6,250

4>*8,

r.. Jan.

I

l/06-'07

May 1, 1905..
No tax is levied.

Total debt

I

..$9,375

T. JACOBS, Treasurer.
ua \APDUir
T
MA.
V X^rej-llJ-,!-..
— ARTHUR
FRED. L. ROWE, Auditor.
5

}

Tills city Is in

LOANS-

Water Loan

Essex County. Incorporated 1869.
When Due.
City Bonds—

J&D, $300,000
4s, J&D. 500,000
4s, J&D, 100.000
School Bonds—
4s, J&D, $25,000.
4s,

4 a,
4s,

A&O,
A&O,

Dec.
Deo.
Deo.

1,
1,
1,

1912
1922
1927

..Deo. 1, 1907

10,500. ..Apr.

1,

1908
1909

10,000.. ...Apr. 1,
Apr. 1,06 15
4s '05 A&O.35.00O
(93 OOOd ue eveu&$4,000 odd yrs.)

Street Bonds—

Sewer Bonds—
A&O, $2,000

4s,
4s,
4s.

Apr.

1,

1908
1909
1910
1908

A&O, 5,000
Apr. 1,1909
Oot.l, 1910
A&O, 5,000
street & Bbwur Bonds —

01 „>n31
*<. 0o

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

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

$50,000... Oot.
25,000.. ..Oct.
25,000.... Oct.
65,000.... Oot.
66,000.... Mar.

1,
1.

1.
1,

1,

1921
1922
1923
1906
1907
1909
1910
1911

36,000
Oct. 1,
50,000
Apr. 1,
3%8,A&0, 35,000
Apr. 1,
348, A&O, 15. 000. .A.pr.1. 1906-11
($5,000 due odd years
3 <fis, A&O,$24,000 . Apr.1,1906-12
($<i,000 due even year*.)
3^8.A&O,$24.000. Apr. 1. 1906-13
48/04, A A.O, 41 000 Apr .1/06-14
(due $4,000 in odd and $5,000 in
even years )
4s/05,A&O, 20,000 f .Oct. 1/06-15
)

.

4s, A&O, $22,000 ....Apr. 1.
A.T.1,
4s. A&O. 50,000.
34is, A&O.12.000.
Oct. 1,

$27,000 Ap.1'06-14
a x n
A&
° T l.OOOu. Ap.1/1915
S

«

INTEREST on the water bonds and on oertain of the city bonds is
payable in Boston and at Treasurer's office; on bonds of 1904 acd
19o5 at First National Banb, Boston
statoment shows the city's debt
TOTAL DEBT. -The following
Sept. 18, 1 905. Jan. 1 1905. Jan. 1, '04
$7.il 050
$810,100
$8<>0,550
Municipal >>onded debt
317,425
339,726
Sinking funds
317,425
$470,374
$433,625
Net debt
$483,125
986.00O
991,000
986,000
Water debt (additional)
24 ,017
214,488
241,017
Water sinking fd. (additional).
$776,512
$744,983
Net water debt (additional) .... $744,983
$1,246,886
$1,228,108
$1,17^,608
Total net debt of city
Borrowing capacity Sept. 18, 1905, for municipal purposes, $332,,

449

97.

of the city and the tax rate have been
as folic ws in the years indicated. Assessment about \ actual value.
Tax rate
Assessment.
per $1,000.
Total.
Personal.
Real.
Tears.
$2,0,964,366
1905
,

When Due. Net debt Oot.

GARDNER.—
L.
town
Worcester

GEO. E. MCDONALD, Mayor.
riT OTTHF'ClTFr're
Urt.— 5{ EDWARD
DOLLIVER, Treasurer.
~
^11
V Is in Essex
Gloucester
County. Incorporated town 1642; city, 1874.
LOANS—
When Due.
School-House Notes—
Highway Improv. Bonds—
1906-1915
4s, M&S, $20,000
34>s, J&J, $2,500
1906-1910 3^8, J&D, 2 1,000.. June 1, 1906 to
School Bonds
($1,500 due yearl.?) June 1, 1919
4s, M&-S, $2,400.
1906-1911
Park (outside debt limit)—
City and Municipal Bonds—
4s, J&J, $61,^75. ... July 1, '06, to

ASS^SSED VALUATION

in Middlesex County.

LOANS-

on water bonds and sewer 3 4js of 1905 is payable at
of Boston; on other bonds in Gardner.

ehawmut Bank

the National

($3,700 due y'rly) Deo. 1, 1908
3^8, J&J, $8,800.. July, 190 !-'09

in Barnstable County.

LOANS— —

INTEREST

[Vol. lxxxi.

Water Bonds— Tssueri June, '04.
4f>/0-»,M&N$304,500 Mar '?. 06-34
Total debt May 1905
.!$557,650
School loans, included... 102,750
Sewer loans, included
145,400
Water !oan-< included... 304,500
Tax valuation in 190i .6,452,488
Tax rate( per $1,000) 1904. $21 00
Population in 1900 was
10,813
Population in 1890was
8,424
Population in 1905
11,991
.

,

$17-60
$5,365,471
26,588,913
$21,223,440
17-60
26,.S88,29<
21,120,285
5,46s<K)7
17-20
26,6 6,557
21,090,925
5,525,632
17'40
5,588,003
26,314 802
20,726,799
190)
17-40
20,604,310
1900
5,839,623
28,443,933
17"80
25,601,234
18!»9
5,209,468
20,394,766
1670
20,793,004
4,734,556
16,058,448
1895
1700
17,870,772
13,139.666
4,731,106
1890
On January 4, 1897, Haverhill auuexed the town of Bradford and
assumed its indebtedness, which is as follows, aud is included in above
statement of "Total Debt."
When Due.
Improvement Bonds—
LOANS—
Jan. 1,1906
4a, J&J, $1^,500
School House BondsIs, J&J, $7,000
Jan. 1, 1906 ($2,500 due yearly) to Jan. 1, 1912
Water Bonds—
($1,000 due yearly) to Jan. 1, 1912
4b, ....
Sewer Bonds—
$30, 000.. July 1, 1906 20
July 1, 1906 4s.
51.000 Julv 1. 'K)B 22
44?h, J&J, $3,000
($500 due yearly) to July 1, 1911 Tot. bds.outst'g J an. 1 ,'Oo.$l 1 5,050
86,000
Water debt (included)
3.720
Population in 1890 was
POPULATION— In 1905 was 37.M18; In 1900 it was 37,175; In
1890 it was 27,412; in 1880, 18,472; in 1870, 13,092.

1904

1903
1902

>

,

,

-

—

11

MASSACHUSETTS-CITIES AND TOWNS.

Nov., 1905.]

HOLBROOK.
George
town
County
This

Is

French,

B.

Treasurer.

in Norfolk

LOANS—

When Due. Total debt Jan.

1, 1905. $164,502
Sinking fund assets
61, "45
4s, A&O, $30,000 o ..Apr. 1, 1907 Net debt Jan. 1,1905.... 102,557
4s, A&O, 30,000 c. .Apr. 1, 1912 Total value town prop'ty 188,231
4s, A&O, 40,000 O...Apr. 1, 1917 Tax valuation in 1904... 1,268, 176
4s. J&J,
35,000 o... July 1. 1922 Tax rate (per $1,000) 1904..$20-50
48.'0l,J&.T,3,000 ..July l,'23-*25 Population in W05 (est.) .. 2,500
Interest is paid in Boston.
Population in 1900 was
2,229
Bonded debt .Titn.1,1905. $13»,000 Population in 1890 was
2,474
Floating debt
26,502
D. W. KENNEY, Auditor.
PIERRE BONVOULOIR, City Treasurer.
This oity is in Hampden County. Incorporated April 7, 1873.

Water Works—

HOLYOKE.-

i

1

LOANS—

Interest.

NAME OR PURPOSE.

-Principal.

,

When

Rate. Payable.
o.fcrl891 4g.
Ctrl 894 4g. J &

Brldgebonds
"
City bonds

M&SD

"

& J
M& N
4sr.
S^g & D
3*9 F & A
4
M& N

c&rl899
rl899
...rl902
Highway bonJs
1 04
1904
Gas & eleo. light b'nds.r'02
do
do. ..1901
do
do..rlS04
do
do..rl905
Lighting plant bds. rl905

Sept. 1, 1911

-$85,000

U05.000

3>og J

Softool loan

4g.

3^g.l

"

3hig

A&O
S

D

J &

cfcrl900

"
Sewer bonds
"
"

rl905
cArl893
c&rl893
1904

Water loan

c<fcrl897

0&rl900

••

27 000
*672,000
*28,xOO
*2K,000

1906-13
Nov. 1, 1006-19
Apr. 1, 190619
J
I Apr. 1, 1920
Sept 1. 1906-20
Oct.

1,

June

& J
M&
8
3iagM & N
3^ M&S
4g. M & N
4g. A&O
4
M& N
4g. J & J
4g. J & .1
3
J & D
4?. J & J

c&rl896 4g. J
c*rl897 4g.

"

125,000
166,000
90,000
30,000
7,000
49,000
9,000

May

&

M&

3^

cfcrl895

"

3iflg

&D
A&O
M N

1,
1,

June, 1906-12
Aug. 1, 1906 14
1, 19»6-14
Deo. 1, 1905-32

)

3**

Oulstand'na.

1914
July
1906
1907
Oct. 1, 1908
July 1, 1909
May 1. 1909

4* J & J
e&rl897 4g. J & D
C&I1898 4g. A& O

"

I>ue.

June

e<fcrl896

"

70,OfiO

3,000
30,0
*150,000

1915

1,

July 1, 1916
Mar. 1, 1917
May,'0^to'20
Sopt.l. 1906-20
May 1, 1913
Oct. 1, 1913

noo.ooo
*109.000
113,^00
75.000
*50,000

noo.ooo

May

1, 1906-'34
1, 1927
1, 1930
June 1, 1913
July 1, 1913
Oct. 1, 1910

Jan.
July

Reservoir bonds
rl903
4>,
Holy'ke&W'stf.RR.c&rfref.)
do
do Ctrl 8 90 te.
Municipal bonds.
rl905 3*2g
& 8 Mar. 1,1906-*.! 5
* Exempted by special Acts of the Legislature.
INTEREST la payable at the State National Bank, Boston.

A&O
M

.

29,000
*250,000
*50,000
1
50,000
*60,000
* 166,000
95,000

&

Ap-. 1, '05
$2,768,400
RR. stk.
581,826

Net debt
$2,186,574 $2,061,575 $2,144,432 $1,451,353
Waterd ebt.incl. above $350,000
$350,000
$350,000
$300,000
* On Apr. 1, 1905, the bonds exempted in figuring the borrowing
oapaolty were $2,003,100. The water sinking fund (inoluded above)
on Apr. 1, 1905, was $71,588.
Included in the city's sinking fund as given
CITY
above is $226,500 Holyoke & Westtleld RR. stock. This road is leased
to the New Haven & Northampton and has paid dividends since 1879.
The value of all city property, not including water and light plants is
estimated at $1,740,450. The water-works of the city are valued at
$1,295,308 and the gas and electric pl-nts at $853,976.
ASSESSED VALUATION AND TAX- Assessment fair cash value.
-Assessed Valuation.
Jtale of Tax
Years
Real
Personal
Total
per $1,000.
1905
$31.0 '1,290
$10,632,170
$17-00
723460
$41
30,-05,150
1904
10,345,^30
41,051,080
1640
1903
30.019,3b0
10.436,380
16-40
40,455.740
1902
30.1l3,:-i80
10,595.. 80
16-00
40,739,210
29.<58.610
j.901
10,293,320
16-20
39.951,930
1900...
29,374.720
10,360,830
39,735,550
16 40
1895
20,578,390
16-80
7,126,235
27,704,625
1890
16,914,870
5,158,955
22,073,825
18 00
POPULATION-In 190=^ was 49,121: in 1900 it was 45,712; in
1890 it was 35,->37; in 1880 it was 21,915; in 1870 it was 10,733

PROPERTY—

—

«T TT^Cir^M —
nUUOUiN.
This town

is

LOANS

312s,
Almshouse
4s,
Improvement. 4s,
Electric light 4s,
do
do 3-ofs,i.

Amount.
J&J, $11,800
J&J,
1,600

.

do

Sewer
dO

do

AN

ARNOLD, Treasurer.
5 SA VILLI
}rj. w. STRATTON, Clerk.
situated in Middlesex County.

School

Water

312P, J&J, $20,200
do
4*28, J&J,
6,000
do
4s,
J&J,
8,000
Refund. 4s, A*0, 1908-17 c2=>,000
Total debt O t. 1, 1905.. 33O/00

A<9, 15,000
J&J,

6,000
12,500

c'-

MAN,

r"ash

&

uncollected taxes

4f».

I

.

s

3!>39,

Water
do

HYDE PARK.— Gideon H.
This_town

is

LOANS

in Norfolk County.

When Due.

School Bonds
4s,

4s,

J&J,
J&J,

$i.-f,ouo ..lulyl,

48.000

A&O, 3,000
Sewer Loan—

4f>,

4s,
4s.

72.95

5,('0') Net debt Out. 1, 1905 ...
JAJ,
257, H46
MAN, '0".-'3 Bc96,ono Tax valuation in 1905. .3,157.4-'34, c o,000 Total tax (per $1,000) 1905.$20 00
MAN,
4s,
J&), 27,' 0!) Population in 1900 was
5,454
4s,
J&D, 22.000 Pop ulation in 1905
6,204

4--,

July

1,

Is, M&N, $13, 000.. May 1. 1906-18
Total debt May, 1905.
$224,000
Tax valuation, real
11,059 6 "5
Tax valuation, personal-1, 594,000
Total valuation 190 »... 12,654.225
Tax rate (per $1,000) 1904. $17 30
Population in 1900 was
13,244
Population in 1905
14,492
.

1908-21
1,
1,

.

Libraky Bonds-

.Oct. 1, 1906-08

M&N, $110,000. .May
M&N, 32,000 May

w
1*68.

Haskell T-

In orporated April 22,

1906 18

'03 27
'06 13

.

5DANIELF. MURRAY, Treasurer.
A ^WRFTMr^TT
KfCAHARO J. SHEA, Auditor.
Xf^
V f inilEssex^^—
1Ul 8 city
County. Incorporated March 21, 1853.
F

t-

'

the City Treasurer.

CITY PROPERTY.—The

99, including $1,220,890

city owns property valued at $2,588,597
70 for water works.

LEOMINSTER.— Robert
This town

Is in

LOANS—

Worcester County.
When Due.

Water Works—
4s,
4s.

A&O,$103.000

A&O,

Oct.

49,000

1,

Oct.,

1925
1926

1N|

REFnNDiNr; Water Bonds—
M&N, $20,000.Mav 12. '0«-07
5,000 .May 12, 1908
3^8, M&N,
31gS, A&O. 70,000 Au i.27, '09-15

School Bonds and Notes—
M&S, $20,0''0.May,1909&'10
8.500. ...May 1, 1908
3ifi8, M&S,

Miscellaneous Loans—
Oct., 1906
AAO,$10,000

4s,
4s,
4s,
6s,
6s,
4s,
5e,

Carter, Treas.

L.

3128.

3is8,

A&O,

April, 1907
6,000
July, 1908
8,500
Mar, 2,500
On demand
J&J. 1,000
On demand
On d emand
A&O, 20.000
10,000 ... .Apr. 1,1907

3%8,'04,J&J, $10.000.July 1,1916
'20-23-24
.
,„, 04,
A „ n S 30.000.Oct
A&O,}
4s, n
0(00 o..Oct. 1. 1917
Trust funds
$36,514
Total debt Feb. 1, 1905.. 610,714
P0.330
Sinking fund....:..
Town Hall and School—
4*38, J<sJ, $13,900... July 1,1918 Water debt (included)... 257,000
12,565
0,000..Mar, 1914-17 Water sink fund line.)..
4s m&s
M&S \^ 410,000..Mar.
is,
7,804,445
1, '919 Tax valuation, real
30,000..Mar.,1920 21 Tax valuation, personal. 1,33^,620
4s, M&S,
11,000. .. Mar., 1922 Tot'l valuation in 1904. .9,143,065
4s, M&S,
4s, J&J,
3,500... Jan. 1, 1913 Total tax (per $1,000), 1904. $17 50
14, 290
4s, F&A,
9,300.. .Feb. 1,1914 Population in 1905
Population in 1900 was... 12,392
INTEREST on partof town debtis payable at the Boston Safe Deposit & Trust Co.; remainder at office of Treasurer.

J&J,

<

LEXINGTON.— G.
This town

is

T

D. Harrington,

ca u

of,

in Middlesex County.

LOANS—

When Due.

Debt of Town— Jan.

I

1,

19"5—

Water debt
Water Works Bonds—
1906-1916 School debt
4s. M&N, $110,000
|

($10,000 due yearly on Nov.

1.)

4g, J&J, $1,000, g. . July 1, 1906
4s, ..... 3,000 g. Jan., 1906-1908
4s, M&N, g.l0,000....Nov. 1, 1921
.

,

Refunding Water—

Dee 1,'03. Dec. 1, '02.
$2,972,500 $2,188,000
828 068
736,647

Dec. 1,*04.

$2,793,400
731,825

27

Water debt (included).. $752,0°0 Assessed val'ation.per'l 9,803,314
72,754 Total valuation 1904... 44,1 10,964
Water sink'g fund (inc.)
Assessment about 34 value.
679,246
Net water debt (includ.)
Tax rate (per $1,000) 1904. $16-40
Borrow'g ctipacity Jan.
23,391 Population in 1905
69,939
1.1905......
Assessed val'at'n, real. .34,307, 650 Population in 1900 was ...62,559
INTEREST is paid at the Eliot National Bank in Boston and by

.

TOTAL DEBT, SINKING FUND, Etc-

Totaldebt*
Sinking fd.

1

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

$10,000 g....Nov.
10,000
Nov.
10,000
Nov.
.

M&N,
M&N,

10.000..Nov. 1,
10,000.. Nov. 1,

LOWELLThis city

1.
1,
1,

s

I

I

I

M&N,

ANDREW G. STILES.

1906 to 1907

($1,010 yearly on Nov. 24.)
4s, J&D, $14,000. Dec. 1905-1908
7,500. .July. 1906 1908
4s, J&J,
3^3, F&A, 7,500 ... 1906 to 1908
($2,500 yearly on Aug. 6.)
4s, J&J. $4,800 ....July, 1900-09
M. Building—
C. H.
4s, A&O, $450.000.... Oct. 1, 1920

&

Charitable Bequests—

6s, semi-au.,

Perpetual

$36,000

ScnooLS—
1, 1921
July 1, 1926
F&A. 9,000
1906 to 1907
($4,500 due yearly on Aug. 10.
3*88, A&O, $60,000. April, 1906 10
State aid— Spanish War—
4s. F&A, $1.560.. .Aug., 1906-1908

48,
4s,
4s,

A&O,$150,000..

J

Treasurer.
Auditor.
Incorporated April 1, 1836.

CHARLES D PAIGE.

Miscellaneous—

When Due.

$2,020

April

& J.200,000

4,530

|

Bridges—
4s,

Tax valuation, real
4,964,610
Tax valuation, personal 862.680
Tax valuation 1904
5,827.290
Assessment same as actual value.
Tax per $1,000 1904
$1900
Population in 1900 was
3,831

1917
1918
1919
1920
1922 Population in 1905

in Middlesex County.

is

LOANS—

$264,800
67,200
Miscellaneous <*ebt
25,210
Temporary debt
55,000
Total debt Jan. 1, 1905
412,210

.

4s.M&N,$10.000(reg.)Nov.27,1905
4s, M&V, $10,000... 1905 to 1906
($5,000 due yearly on Nov. 18.)
M&N, $30,000. May, 1906-08
4s,
MAN, 30.000. Nov.,1906 08
4s,
4s,
J&D, 28,000..Dec.,190 5 08
14,000 .Mar., 1906-09
3H,s, M&S,
3 las, M&S,
11,200. .Sept., 1906 09
3*8S, F&A,
11,800 .Aug., 1906-09
.

J&D,

4s,

13,?.00..June,1906-09

4s, J&D,
4s, J&D,
38 10 s, M&N,
4s,

M&N,

3^s, A&O,
3ies,
3^38,
3138,

A&O,
A&O,
J&D,

",000..Juno,1906
09
"

",000. Dec, 1905-09
24.40O Nov., 1906-09
10,400 .Nov., 1906-09
1.750 Apr., 190 '-10
1.750 .Apr., 1906-10
9,000. Oct 1906-10
,

4,500. Deo., 1905-10
330s,F&A, 33,000 Aug., 1906-11
34s, J&J, 35,700.. July, 1908-11
Sewer Bonds—
3%9. M&N, 21,^00. .May, 1906-11
3-30S.M&N,
M&N,
1908
to
1907
17,940. Nov., 1906-11
4s,
$3,000
3-308.F&A, 9,000.. Aug., 1906-11
($1,500 due yearly on Nov. 8.)
35gs, M&N, $7,500.. May 5. 1906 330s, J&D, 28,000. Dec, 1905-11
3-308, J&D, *,400 Dec, 1905-11
4s, M&N, $15,000. ...190S to 1907
Textile ScnooL Loan—
($7,500 due yearly on May 11.)
.

48,
4s.
4s,

M&S,

*9,OO0.Sept. 22,1906-08

J&D,
J&D,

5,000 ..Dec., 1905 09
12,000. June,190fi to 09
3^s, F.VA,12,000..Aug. 9, 1906 '09
3i<js,F&A, 3,000. Feb 1, 1906 '10
3i8S,A&(), 19,250. Apr 21,1906-'lO

F&A, 15,000. Aug. 6, 1906'10
S^a.A&O, 15.000. Oct 31,1906 'to
4s,

3ks,

M&N,

5,220

May

Paving Loans—
4s.
M&N.$2,500

3M, M&N,

4, 19o6-'ll

May, 1906
1906 10

4s,

MkN,

May,1906

$2,500.

Public Buildings—
4s,M&S, $1,900 r...So]>t 19.1906

A&O,
4s,
3ies, 4.&0.

10,800.. Oct., 1^06-08
11, 500.. Apr., 1906-10

Water Works—
M&N, $75,000. Nov.

1, 1911
MAN.l.OOO.OOO.Nov. 1, 1920
F&A,
25,000.1906 to 1910
($5,000 due yearly on Aug. 7.)
4s, M&N, $8.^*00. Nov. 8, 1908-07

4s,
4s,
4s,

6,000... .May,

TOTAL DEBT, SINKING FUNDS, ETCCity debt
linking funds

Net city debt
Water debt
Water sinking fund

Jan. 1. 1905.
$2,317,-80
244,018

Jan. 1, 1904.
$2,408,750
285,709

Jan. 1, 1903.
$2,396,275
342,237

$2,073,362
$1,162,300

$2,1 '3,017

$2,054,038
$1,205,500
3 i 3.201

406,4:(o

$1,1S3,900
373.506

\

is

LOANS-

Water BondsA&O, $100,000.... Apr.

When Due

8ch<>ol Bonds—
4s. F&A, $144,000 Aug. 1. 1906. to
($8,000 due yearly) Aug. 1. 1923
3^8, MAS, 2(i,000.. Sept., 190<-10
4s,
A&O, 'i5.000.Oct. 1, 1906-10
4s,'04,F&A.. 9,H,000c

Aug

1

Municipal Debt Bonds—

6b,
4s,
4s,

.

A&O,

Crrr Debt of 1896—

M&N, $1,500.
Sewee Bonds—

Nov., 1906

4s,

4s,

'

1906

J&J,

477,000.... July 1, 1923
175,000... Oct. 1, 1923
(Subject to call after Oct. 1, 1913.)

'06-19

J&J,t202,000
July 1 lQ'U
4s. J&D. 30,000
190''-19".8
3s, J&J,
.^6,000. July, 1906-1 <>09
3*28, M&N, 77, 00 Way 1, 1906-12
312s. F&A, 7'-',000 Aug. 1, '06*13
4s.' 4.M&N.180 000 C.Nov. 1,06-14
Public Building Bonds8
^
J? ec -> 1905
MAN, ^o'?.?.?.
4s, "(£R;
Nov..
I9d6
3 000.
4s, J&D, 15,(i00. .Dec, 1905-1906
48, M&S, 11,000. Sept., 1906-1907
38, M&N,
9,«00.Nov. 1, 1906-12

1,

3i<39,M&N,$12,nOONov.
4s,
4s,
4s,
4s,
48.
,

>

I

I

|

1,

1906-10

M&S,
J&D.

2l,000.Sept.,190tf-J912

J&D,

33,000.... 1905 to 1925
35,000. April 1, '06-12

M&N,

A&O,

55.000.June,190 -1925
18,000.Nov., 1906-1917

Bonded debt Jan.

1,'05. $2,091,500

Floating debt
Total debt Jan.

102,32 i
1905. 2,193,822

SinMngfunds
Net debt Jan.
Assets

otta.

1.

157,110
1905.. 2,036,712
than sink.fund.487,839
1,

$862,299
$8 r ,?94
$2,916,336
$?,933,441
1, 1905, was $272,658 40.
CITY PROPERTY.—The city owns real estate and personal property valued at $8,495,921.
ASSESSED VALUATION.— The city's assessed valuation (about
actual value) and tax rate in different years have "been as follows
Rate of Tax
Assessed Valuation
Tears—
Total.
pe/-$l,000.
Real Estate.
Personal.
1904
$20-00
$71613,907
$14,810,767
$56,773,140
71,995,'»5
1903
2040
1.V7X.143
56,822,710
1902
19-60
71.894,907
15,192,342
56,702.565
I860
1901...
15,4-^0,793
71,0 7,938
56.247,145
1900
7 1, 4' ".>.'- 3:6
1880
15,489,600
56,007,135
18-00
1895
16,524,042
68,702,042
52,257,400
1890
17,037,462
62,353,61 2
1700
45,316,150
15*70
15,426,459
56,749.253
1887
41.322,794
POPULATION.—In 1905 94,815; in 1900 it was 94,969; in 1890 it

Net water debt

$755,870

Total net debt of city... $2, 829,232
The city's borrowing capacity ou Jan.

:

1

.

,

(!

was 77,696.

..

:

MASSACHUSETTS-CITIES AND TOWNS.

28

LYNN.

,

AUSTIN H. EDWARDS, Auditor.
S. FRENCH, Treasurer.

LOANS—

When Due.

Brick Sidewalks—

!H.

[Vol. lxxxt.
Sewerage- (Con.)—
4s,
4s,
4s,
4s,

M&N,$100,000....May

2,

1923

M&N, 200,000.... May 2, 1924
AI&N, 150,000. ...May 2, 1925
M&N, 100,000.... May 2, 1926
3^8, M&N, 10,000.. .Ma'v 2, 1933
3»os,'04, M&N, 10,000. .May 2, '34

This city is in Essex County. Lynn pays to the sinking fund yearly
an an cunt of money sufficient, with the accumulations of interest on
the sinking fund investments, to pay off the entire debt at maturity.
Incorporated as a city April 10, 1850.
When Due
Sewer Loan.— (Con.)—
loansfire Department—
4s, J&J, $35,000, r.. July 1, 1910
4s, J&J, $4,000, r
Jan. 1, 1906 4s. A&O, 10,000, r... Oct. 1, 1910
46.AAO, 10,500, r... Apr, 1, 1908 4s, J&J, 10,000, r... Jan. 1, 1911

July 1, 1906
July 1, 1906
($2,000 annually) to July 1, 1907
3^8. J&J, $2,000.... July, 1906-07
312s, J&J, 3,000.... Julv, 1906-08
3i«8, J&J, 1,000
Julyl,1906
3!«s,'04, J&J. 1,000.. July 1, 1906

50,000, r...Apr. 1, 1911
J&J, 35,000, r...July 1, 1911
A&O, 20,000, r...Apr. 1, 1912
J&J, 20,000, r...July 1, 1912
J&J, 50,000, r... Jan. 1, 1913
J&J, 25,00'). r.. Jan. 1,1914
4s,A&0, 40,000, r....Apr.l, 1916
4s, A&O, 20,000, r ..Apr. 1, 1908
20.000. r... July 1, 1915
4s, J&J,
4s;A\O,*100,000 r...Apr. 1, 1927

$i,000.June,1906 to'09
J&J. 15,000
July 1, 1932
3>«s,'04, JAJ, 20,000.. July 1, 1934

31*8,
$3,000.... Feb. 15,'06-08
3i28,J&J, 2,000... Jan. 1, '06-07
3^8, J&J, 1,000..
July 1, 1906

July 1, 1906
July 1,1906
($1,000 annually) to July 1, 1907
4a. J&J, $3,000.June 1, 1906-1908
H*28,
4.000 June, 1906 to 1909
3iss,J&J, 5,000... July, 1906-10
3i«8, J&J, 6,000... July, 1906-11
3LJS, J&J, 1,000
July, 1906
3!2a, J&J, s,000 ...July, 1906 08
3*28, J&J, 5.000.. Julyl, 1906-10
3^,8, J&J,
6,000.. Julyl, 1906-08
3^..1&J, 3,000. .July 1, 1906-08
3 t 8. '04, J&J, 9,000.. July 1,'06-14

4s, J&J, $95,000
Julyl, 1907
4s, J&J, 100,000
July 1, 1908
4s, J&J, 120,000
July 1, 1910
4s, J&J,
30,000
July 1, 1912
4s, J&J,
July 1, 1913
68,000
4s, J&J,
42,000.
.Jan. 1, 1914
4s, J&J,
10,000... .Jan. 1, 1915
4s, J&J,
19,000... .Jan. 1. 191*6
4s, J&J,
15.000... .July 1, 1916
4s, J&J,
36,000... ..July 1,1919
3*ss, J&J, 15,000
July 2, 1920
3iss, J&J, 15,000
Julvl, 1911
3*1$, J&J, 25,000
Juiv 1, 1922
3i«a, JatJ, 25,000.
..July 1, 1923
3is8, 04, J&J, 23,000 July 1. 1924

.

. . .

4s,A&0, *10,000, r

Apr, 1. 1916
9,000, r....Oot 1,1913
27,000. r..Dec.l, 1905-13
6,000 r... Dec. 1, 1913

4a. A&O.
4s, J&D,
4a, J&D,
3i«s,'05.

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

...

13,900

Municipal Loan—

4s, A&O, $54,000 r
Apr. 1, 1906
4s, A&O,
72,000, r ..Oct. 1, 1906
4s, J&J,
60,000, r.. July 1, 1907
4s, AAO, 56,000, r... Oct 1, 1907
4s, A&O,
6,000, r-.Apr. 1, 1908
4s, M&S,
3,000, r .Sept, 1, 1908
4s, A&O, 35,500, r. .Oct. 1, 190-*
4s. J&J.
8,000, r. Jan. 1 , 1 907
4s, A&O, 61,000, r ..Apr. 1, 1909
4s, A&O, *30,000, r.. Jan. 1, 1919
4s, A&O, 121.< 00, r.-Apr 1.1910
4s, J&J), 14,000 r. Deo. 1, '05-06
4a, J&D. 1 6, 000 r... Deo. 1. '07-08
5,000r.... May 1,1914
4s, M&N,
.

|

|

Street Improvement—
>

.

4e. A&O, $35,000, r ..Apr.
4s,A&0,* 125,000, r.. Apr.

.

4s,A&0/

25,000,

3»«8, '05,

12%000r

Public Library

5

May

48,OOOr.

1,

9,500r...May
3^8, A&O, 56,500. r. Apr.
^

J&D, 22,500r.. Dec.
A&O, 56,000 r..Apr.

313s,
3138,
3*88,

.

1,
1,

Water Loan—

1914
1911
1911

1912
A&O, *3,000r..Oct. 1,1912
1912
Dec.
1,
3^8, J&D, 26,000 r..
3ks, A&O, 55,000 r..Apr. 1, 1913

3ias,

M&8, 5,000 r

3^a.

'05.

1,

....Sept. 1,'14

84,000 r

Park Loan—
4b,
4s,
4s,
4s,

.July

J&J, $30,000,0

1.

1919

A&O, 6,000, r .Oct. 1, 1919
A&O, 20,000, r.. .Apr. 1. 1920
A&O, 5,000, r.. .Oct. 1, 1920
4S.M&N. 5.000r .. .May 1, 1914
3ifi8,AAO. 12,000, r... Apr. 1,1912
3»fi8, J&J, *23,000. r..July 1, 1912

School House Loan—

.

4s,A&O.*$60,000.r....Apr. 1,1909

4s,A&0, *50,000, r....Oct. 1,1910
4s,A&O,*140,000, c&r.Apr. 1, 1911
5,500, r... Jan. 1, 1908
4s, J&J,
4s, J&J, *35,000, r.. Jan. 1, 1918
Apr. 1, 1918
4s, A&6, 25,000, r
48, F&A, 3,000 r... .Feb. 1, 1909
Sept. 1, 1908
3,000 r
48, M&S,
3^8, J&J, 30,000,r..Jan 1,1913

.

.

Sewer loan —

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

3%a, J&D,

J&J,$100,000, r...July 1,1906

M&N,

20,000, r. .Nov. 1, 1906
M&S, 10,000, r... Sept. 1,1 907
M&N, 10,000, r...Nov. 1, 1907
F&A, 10,000, r...Aug. 1, 1908
M&S, 1 0,000, r. Sept. 1 1908
M&N, 10,000, r. Nov. 1 1908
J&J, 10.000, r... Jan. 1, 1909
A&O,* *100,000r... Apr. 1, 1909
.

. .

,

. .

,

coupon,

(r)

1915
334s, J&D,
1905
312s, A&O,
1916
3^8, M&N,
1916
3Ljs, J&D,
1917
3*2S, F&A,
1,1917
3 4s, A,vO,10'»,O00r..Oct. 1, 1909
3^8, J&J, 25,000, r.. July. 1, 1931
3^8 J&J, 75,000, r.. Jan. 1,1932
3^8, A&O, 325.000, r..Apr. 1, 1932
3i«8, 1905, 60,000 r
1906-11
6,000, r..Deo.
5,000, r..Dec.
2,000, r..Apr.
24,500, r..May
3,500, r. .June
6,500, r Feb.

1,
1,
1,
1,
1,

. .

.

(c)
*

Loan—

1908
1920
1,1921
1935

1,
1,

4s, M&N, $20,000, r..Nov. 1, 1913
4s, M&S,
50,000, r.Mar. 15, 1914
4s, J&D,
20,000, r.. Dec. 1,1914
4s, M&S,
10,000, r.. Sept. 1,1916
4s, A&O,
9,000, r.. Oct. 1,1916
4s, J&J,
7,500, r.. July 1,1917
4s, F&A,
5,000, r.. Aug. 1,1917
4s, A&O,
2,000, r.. Oct. 1,1917
4s, M&N,
6,500, r.. Nov 1,1917
4s, A&O,
15,000, r.. Apr. 1, 1918
4s, J&D,
10,000, r.. June 1,1918
4s, J&J, 85,000, o&r. July 1,1918
4s, A&O, 100,000, car. Apr. 1, 1919
4s, J&J,
75.000, r.. July 1,1919
4s, J&J,
35,000, r.. Jan. 1, 1920
4s, A&O, 150,000, r..Apr. 1, 1920
4s, A&O,
50,000, r..Apr. 1, 1921
4s, A&O,
25,000, r.. Oct. 1,1921
4s, J&J,
50,000, r.. Jan. 1,1922
4s, J&J,
25,000, r.. July 1,1922
4s, A&O,
40,000, r. Apr. 1, 1923
4s. J&J, 165,000, r .July 1, 1925
4s, J&J,
50,000. r .July 1. 1926
4s, J&J,
25,000, r. July 1, 1927
4s, J&J,
25,000, r .July 1, 1928
4s, A&O,
10,000, r ..Oct. 1,1928
4s, J&J,
25,000. r .July 1, 1929
4s, J&J,
25,000, r Jan. 1, 1930
4s, A&O,
25,000 r . .Oct. 1, 1930
33is, M&N, 31,000, r.. Nov. 1,1913

'06-13

1,

r.. Oct.

4s.A&O.*$35,000.,r..Apr. 1,1917

.

a
tutik
M&N,
4s,

A&O,

registered.

The loans marked thus

in the above table are authorized by
special Acts of Legislature in excess of the city's legal debt limit. The
total amount of outstanding bonds thus authorized is $776,000.
PAR
OF BONDS.—The bonds are $500 to $2,500 each.
(*)

VALUE
INTEREST-WHERE PAYABLE— Coupons

are payable at the

Bank

of the Republic, Boston, or at the City Treasurer's oltloe, Lynn;
other interest is payable by City Treasurer only.
city property,
CITY
consisting of real estate, school buildings and public parks, amounts
to $2,597,1 < 5. Total coat of water works to Jan. 1, 1905, $2,900,890.

PROPERTY AND WATER WORKS.-The

TOTAL DEBT, ETC.-

Funded debt

(excl. of

water)

Dec. 19. '04. Dec. 19, '03. Dec. 20, '02.
$2, '44.650
$2,562,150 $2,513,150

910,33s

Sinking funds

Net debt
Water debt

(additional)

Waterworks sinking fund

963,307

906,299
$1,606,851
$2,175,300
559,769

$1,534,314

$1,598,843

$2, 160,000

12, 167,300

715,586

655,307

Net water debt.
$1,444,414 $1,511,993 $1,615,531
Total not munioipal debt
*2,978,728 $3,110,836 $3,222,382
The funded debt as sriven above for Dec. 19, 190i, includes loans to
the amount of $776,000 in excess of debt limit and issued under
authority of special acts of Legislature; sinking fund, special debts,
$359,645. Temporary loans, amounting to $705,000, are not included
in totals. Borrowing capacity for 1904, $173,664 97.
ASSESSED VALUATION.—Assessed valuation and tax rate, real
estate being taken " at about three-fourtb cash value," have been
Assessed Valuation
Rate 0/ Tax
Tears—
Real
Personal
Total,
per $1,000.
1

.

$U, 200,000

1905
1904
1903
1902
1901
1900
1890
1880
1870
1860
1850

44,911,400
44,182,625
43,132,760
42,*3S,505
42,364,060
29,390,332
17,913,543
14.277,212

$10,027,073
10,432,502
10,167,000
9.626,721
9,529,510
9,291,126
11,340,046
5,470,192
6.649,903

3,357/05

6,2s»l,460

3,160,515

$56.2^7 073
55,343,902
54,349,625
52,759.481
52,168,015
51,655,186
40,730,378
23,383,735
20,927,115
9,649,0«5
4,834,843

1,674,328
POPULATION.—In 1905 was 77,025; in 1900
1890, 55,727; In 1880, 38,274.
rwr a T OTTTM
lVJ.AL_Un.iN.

—

>

I

it

$18-40
18-Oft

18'00
18-00
17'80
18-00

1500
17-60
17-20
8'80

900

was 68,513;

in

is

Drainage Bonds—

3^8,

Miscellaneous Loans—

....

3i28,

Street Loans—
J&J, $2,000
J&J,
2,000

.

Water Construction—

4s,
4s,

-

Sewkraue—
M&N, $50,000

May

4s.

2,

INTEREST is payable in

1922

Boston.

TOTAL DEBT, SINKING FUNDS. EtcJan.l. 1905. Jan. 1, 1904. JVm.1,1903. Jan.1,1902.
$1,740,70'
$1,693,900 $1,688,225 $1,669,550
522,032
396,870
350,338
319.S93

Total debt
Sinking fund, etc

•

Net debt
$1,218,668 $1,29?,030 $1,337,887 $1,349,657
Water debt (includ'd) $*63.000
$640,000
$59(>,000
$615,000
Water sinking fund .. $339,900
$2c<5,173
$203,437
$178,437
CITY PROPERTY.—Tho city owns property valued at $1,613,780,
not including the water works, which cost $1,141 ,213.
ASSESSED VALUATION.— Assessment about actual value.
assessed Valuation
Rate of Tax
Tears—
Real.
Personal.
Total.
per $1,000
1905
$25,12*,200
$7,196,400
$32,324,600
$1720
1904
24,815,900
7,447,060
32,262,960
1650
1903
16-60
24,571,700
4,67<;,020
29,247,720
1902
17-30
24.380,400
4,565,8i0
28,9-16.220
1901
24.108.000
3,338,600
27,446,600
17 30
16-70
1900
23,984,700
3,302,840
27,287,540
15'70
1895
20,475,500
2,596,440
23,071,940
15-10
1890
15,165,800
2,172,650
17,338,450
POPULATION.— In 1905 was 37,990; in 1900 it was 33,664; in
1890 It was 23,031; in 1880 it was 12,017.
,

.

MANCHESTER.•Edwin P. Stanley,
Essex County. Incorporated
This town
is

in

LOANS—

When

Park Bonds—
3138

g.,

Due.

F&A, $30,000r.Feb.l,*06-08

Water Bonds—

4s,

M&N,$66,000o.Nov.,1906to'16

($6,0C0 due yearly.)
Bond, debt Feb. 1, 1905.. $112,000
Floating debt
3,264

Treas.

1645.
Tax valuation, real
$6,667,794
Tax valuation, personal 4,259,598
Total valuation, 1905. .10.927,392
Tax rate (per $1,000) 1905. .$8*30
Assessment is about aotual value.
Population in 1905
v,618
Population in 1900
2,522

Everett Paine, Treasurer.
MARBLEHEAD.Essex
town
This

is

County.
When Due.

in

LOANS—

Refunding Bonds
Is, A&O, $2,000 c

!»ohool h'nds.SUjS,

Bonded debt.

$36,000 o.'05 "23

Oct. 1,'05..

250,0('0

1906

Floating debt
7.000
Toral del it Oct. 1, 1905... 257.000
Town Notes—
On demand Sinking fund
4e
$l,500o
11,670
3L2S.J&J. 5,?>00c..Jan.,19O:> to '07 Net debt O t. 1, 1905..
245 330
Water debt (Included).
Electric-Light Bonds—
157.000
July 1, 1924 Asses'd val'n, real
4s, J&J, $50,000 c
223,250
Asses'd
val'n,
personal
Water Bonds—
970 075
7,193 325
4s, M&N, $41, 250c. .Nov., 1906-18 Total valuation 190.")
4s, M&N, 17,000c. May, 1908-19
Assessment about actual value.
21,500()..Jan.,'0(Jto'20 Tax rate (per $1.0<>0i 1905 $17-00
4s, J&J,
49,000c. July, '05 to '21 Population in 1900 was
.582
4s, J&J,
7,209
4s, J&D, 24,000c Dec, 1905 to '23 Population in 1905 was
INTEREST on the electric-light and water-works bonds is payable
at Boston; on the refunding bonds at Boston and M:iri>leh< ad; on
town notes at Marblehead.
Oct. 1,

.

.

.

j

KOBIN40N,
MARLBOROUGH.-!^49 May
DUDLEY,
F.

A.

This place

is in

LOANS—

J&D, $50,000
M&S. 8,000

June

1,

1915

..Mar. (i 1906-'10

City Hall Notes—
J&J, 5 $8,000;. July 1, 1907-10
1905. ^42,00X3 July 1,1911-24

4b.

Water Bonos—
4s,
48,
4s,
4s,
4s,
4s,
4s,

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

A&O, $125,000.... Apr. 1,1911
J&J,

100,000.. ..July 1. 1911
30,000.... Sept. 1.1914
20,000.... July 1, 1918
J&J,
4s,'0.l, J&J. 12,000, O.July 1, 1929
Trust funds, on demand. ..$1 ,456
Total debt J«,u. 1, 1905.
948,956

M&S,

H79.732
M&S, $125,000.... Sept. 1, 1912 Sinking fundp
569,224
M&S, 75,000
Sept. 1, 1913 Net debt Jan. 1, 1905
519,000
M&S, 30,000
Sept. 1,1921 Water debt (included)
.7.9;».!,551
Aug. 1, 1922 Tax valuation, real
F&A, 150,000
M&S, 70,000
Sept. 1,1924 Tax valuation, personal...1,7<;0,092
.

.

.

J&J,

M&N.

July

49.000
20,000

1,

1926

.

Total valuation 1905. .9.752,643
(per $1,000) 190"-. $19-30
Assessment is 7-10 actual value.
Population in 1900
13.609
Population in 1905
14.072

May 1,1930 Tax rate

School Notes—
4s,

Treas.
Auditor.
23, 1890.

Middlesex Co.; Incorporated
Sewer Bonds—
When Due.

General Loans—
4a,
4s.

1905 to 1917

J&J, $41,000

1912, and
$4,000 annually 1913 to 1917.)
INTEREST on bonds is payable at the WlnthropNat. Bank, Boston.
are self-supporting and the value of the city
WATER
property is $1,384,068 73.
($3,000 annually

to

WORKS

HENRY

A.

WILDER,

Auditor.

in Middlesex County,

MEDFORD.-Spae
This city

J&J, 20,000
July 3, 1924
3^8,J&J, 12,000
Julvl, 1926
3 12S,'04, J&J, 18,000. .July 1, 1929

3Ha,

M&N,

3i«8,

A&O,

7,000. Nov. 1,1906-12
2,000. .Oct. 1, 1906-07

is

in

LOANS—

1

48,

.

Hospital Bonds—

3ie8,'05,J&D,$15,000.Dec.l,'05 19

WILLIAM A. HASTINGS, Mayor.

and was incorporated Mar. 3!, 1881.
When Due
School House Loans—
LOANS—
Fire Department —
4s, MAN, $45,000. ...Nov. 1,1906
4s, A&O, $6,000.
April, 1906 ($5,000 due yearly) to Nov. 1, 1914
($600 due yearly) to April 1, 1915 4s, J&J, $L7,500....July 1, 1906
3hn, J&J. $14,000. July 1. '06*19 ($1,750 due yearly) to July 1, 1915
3^8, J&J,
3,000. July 1, 1920 S2 4n, J&D, $17,500. ...June 1, 1906
Public Parks—
($1,850 due yearly) to June 1, 1915
4s, J&J, $80,000
July 3, 1944 4s, F&A, $36,000.. Aug., 1906-1917
4s, J&J, 10,000
July 3, 1945 4s, F*.A,
1,000
.Aug. 1.1906
4a, J&J, 10,000
July 3, 1947 3H8, J&J. 2,0OO...Tuly 1. 1906-07
This city

J&J, $1,000
4s, J&J, 4,000
4s,

Middlesex County.
When Due.

Public Building Bonds—
48,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
48,
4 s,

J&J, $45,000
M&N, 56,000
J&J, 4,000
J&J, 21,000
J&J, 26,000
J&J, 26,000
J&J, 26,000
J&J, 18,000
F&A, 90,000
M&S, 35,000

July 1, 1913
Nov. 1, 1914
July 1,1907
July 1, 1908
July 1, 1909
July 1, 1911
July 1, 1912
July 1, 1915
Aug. 1, 1918
Mar. 1, 1919

R. LITCHFIELD. Treasurer.
Incorporated .Hay 31, 1892.

Play-Ground Bonds—

Deo. 1,1914
M&N, 9,000
May 1,1932
Stable Bonds—
4s, '04, J&D. $15,000 e.June 1,'24
Municipal Loan Bonds—
4s, M&N, $200,000 ..May 1, 1917
4a, J&J,
100,000.. Jan. 1,1918

4s,J&D,$14,000
4s,

Pakk Bonds—
4s,
4a,
4b,

F&A, $50,000

Feb. 1,

1930

J&J,

July
Nov.

1932
1932

01&N,

20,000
27,"00..

1,
1,

—— —
NOV., 1905.

MASSACHUSETTS-CITIES AND TOWNS.
CKUTIFICAT* OF INDEBTEDNESS MIDDLESEX CO.— J.
Feb. 1912

J

When Due.

LOANS—

SmvBB Bonds —

July

1,

1906

t,

July 1, 1910
4s, J&J, #125,000
72,000. Jan. 1, 1906-*23
July 1.1907 4s, J&J,
Oct. 1,1914
July 1. 1915 4s, A&O, 25,000
Oct. 1,1919
Oct. 1, 1915 4s,A&0, 25,000
A&O,
Deo. 1, 1922
1916-1919 4a, J&D, 45,000
July 1, 1916
6,000
4s, J&J,
($'20,000 due yearly on Aug. 1.)
July 1,1917
1920-1922 4e, J&J,
6,000
4s, F&A, $75,000
July 1, 1918
4s,J&J, 11,000
($25,000 due yearly on Aug 1.)
July 1,1920
Ang, 1, 1923 4s, J&I, 15,000
4s. F&A, $30.000
July 1,1921
July 1,1924 4a, J&J, 15,000
10,000
4s, J&J,
July 1, 1923
52,000
Oct. 1,1924 4s, J&J,
10,000
4s, A&O,
July 1,1925 Bonded debt Jan. 2,'05 $1,574,000
20,000
4s, J&J,
245,637
July 1,1926 Note and oerttf debt. .
4B.J&J, 41,000
Temporary loans
200,000
Total
debt
Ian.
1905.
1908
2,
2,019,637
$45,000. .Deo. 15,
4s,
Sinking
funds
69 3,497
1909
18.000.. Oct. 16,
4s
,
24,500... Dec. 1, 1910 Net debt Jan. 2, 1905... 1,326,140
3*as
397,000
18,000 ..Ian. 1, 1913 Water debt (included)
,
4?,
142,994
12,500. .July 15, 1913 Borrow.eapac.Jan.4,'04
4s,
18,186,400
4,000 Deo. 1, 1913 Tax valuation, real
,
4s
15,000.. Jan. 1. 1923 Tax valuation, person'l 2,855,750
4s,
15,000... Jan. 1.1924 Total valuation 1904... 21,042,1 50
4s
3,450 .Deo. 1, 1913 Assessment about market value.
4s,
36,000. Deo. 1, 1914 Tax rate (per $1,000) 1904.$l«-80
4s
11,079
3,650. .Jan. 1, 1915 Population in 1890 was
4a,
8,000 ...fan 1. 1925 Population in 1900 was.... 18,244
4s
,
19,638
3.495 26.. June, '06-07 Population in 1905
4s,

A&O.

Oct. 1, 1906

I

.

.

I

I

,

. .

,

I

,

I

,

•

.

,

1

up the unfunded debt

matures.

„
„
There is also a fund known as the Bradbury Fund, amounting to
$11,252. This is invested In the Medford Savings Bank and is not
it

Included in estimating the city's indebtedness.
INTEREST on bonds is paid at the Nat. Bank of the Republio of
Boston. AH notes and interest on same are paid by City Treasury.

»/rr-r doctt
MJ^J-.-KLJoJi..
This city

is

—

5
*

SIDNEY

EDWIN

H.
C.

This city

LOANS—

$15,9H

Sewer Bonds—
J&D, $100,000. ..June 1,1924
J&D, 1 00,000... June 1, 1925

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

J&J,

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

50,000. ..July 1,
25,000... June 1,
25,000.. June 1,
50,000. .June 1,
.

.

Water Works—
4s, M&N, $50,000
4s, M&N, 25,000

192(5

1907
1912
1917

Jan. 2,1906
9,200 Deo. 8,1^05
3,000.. Jan. 16, 1906

i

I

1,000.. Oot. 29, 1906
1,500.. Oot. 29, 1907

|

I

MILTON.— J
This town

is

Porter Holmes

in Norfolk County.

When Due. Ass'd valuation, real. $10,640,172

LOANS

Seweb Bonds—

Ass'd valuation, pers'l 11,122.760
Total valuation, 1905. 21,762,932
12 80
Tax rate (per M.) 1905
Water Bonds
6,578
o Ufl F o. S $132,0000 Aug.1,'06-17 Population, 1900
3^s,J<&Af i 6 o,OOOoAug.l,'18-3^ Population, 1890
4,278
Population
in
1905
7,051
Bond, debt Nov., 1905 ..$387,500
INTEREST Is payable at Fir st Natio nal Bank, Boston.

$9,000 r July 1,'06 14

4s.'04.J&J,

MONSON.-T.
is

in

L.

Cushman,

Sept.
Oot.

1,
1,

1912
1913
1918
1925

When Due. Assessed valuat'n, real. $1,284,880
LOANS—
Assess'd valuat'n, pers'l. 413,288
Water- Works Bonds—

4s,M&S,$12,000jo.- ..1906-1911
($2,000 yearly on Sept. 1.)
1912-1922
48, M&S, $33,000
($3,000 yearly on Sept. 1 )
1, 1905.. $45,000

Bonded debt Oot.
This town

is

Tax

rate (per M.) 1904...

Sewek Notes—
F&A, §10,000. Aug.

4 s,

8,

.

This town

is in

1800
2,131
2,633

This

Howe, Town

4s, M<«S,

Town Notes—

When Due.

4s,

1904-1924
F&A,
50,000
A&O,
25,000.... Oct. 1, 1925
F&A,
25,000. ...Feb.l, 1928
J&D,
25,000... Dec. 1, 1930
School House Notes—
4s, F&A, $18,800
1906-1908
1921
3^8, J&D, 5.000
4s. M&S. 3,500
Mar. 1,1925
Engine House Notes—
4s, F&A. $15,000.... Aug. 1,1909
Sewer Loan—
4s.
J&D, $20,000
1911

Bridge Notes—
Bonded debt Jan. 1,1905. $225,000

4s,

Note debt

...8,

. .

M&N,

3H8. J&J,
3Hss. J&J,
3*»s,

J&J,

10,000. Apr. 30,
10,000... July 1,
25.000 .July 1,
2,500.. ..Jan. 1,

INTEREST

on the bonds

at the Treasurer's

is

payable at Boston

;

LOANS—

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

$5,000 c ..Nov. 1, 1906
1,200 c.Nov. 1, 1915
eO,500c..Nov. 1, '05-23

1

4s,

M&N,

$46,075

'

1

|

I

,

.

TDPnUHD

J&J.
8.000... Jan. 1, 1930
7,000.. Jan. 1, 1931
J&J,
Debt Feb. 1, 1905—
Water debt
$164,000
Sinking fund ..
3,958
water
Net
debt
$160,042
Sewer debt
$262,665

4s,
4s,

Sinking fund...
16,249
246.416
Net sewer debt
Grade-crossing debt
37,70
Net general dabt
66,247
Total net debt of town $510,406
Total valuation 1904.. $6,628,625
Total tax per $1,000 1904. $17-40
Population in 19i was
9,488
Population in 1905
9,609

O- 1. 1, 1905. .$284,000
Float'g debt Oot. 1, '05..
5,500
Total debt Oil, 1905
289,500
Total valuation I905....4,4'48,081
Assessment about *2 actual value.
Total tax (per $1,000) 19O5.$18-0o
Popu ation in 1905
4,284
Population in 190o was
4,016
Population in 1890 was
3,035
.

5
}

CHAS.

S.

J AS. H.

&.

Trust Co.

ASHLEY, Mayor.

HATHAWAY.

Treas'r.
in Bristol County. Incorporated March 9, 1847.
When due.
Sewer Bonds—
City Improvment—
4s, A&O, $35,000 r..Apr. 1. 1908
6s, A&O, $30,000 c&r. Oct. 1, 1906 4s, A&O,
43,000 r .Apr. 1, 1909
($10,000 due yearlv)toOct. 1, 1908 4s, A&O,
48,000 r..Apr. 1, 1910
6s,
A&O, 12,000c&rOct. 1, 1909 4s, A&O, 57,000 r Apr. 1, 1911
A&O, 28,000 r.. Oct. 1,1910 4s, A&O, 100,000 r..Apr. 1, 1912
6s.
4s,g, M&8,172,000 r..Mar. 1, 1907 4s, A&O, 108,000 r..Apr. 1,1913
3is8,g.F&A, 62,000 r Feb. 1,1908 4s, A&O,
32,000 r..Apr. 1,1914
3*28, g.F&A,108,000r. Feb. 1, 1909 4s, A&O,
58,000 r..Apr. 1, 1925
J&D, 20,000 r.Deo. 5, 1907 4s,g.,M&^, 69,000 r.. Mar. 1, 1927
4s,
3^8, M&S, 170,000 r. Mar. 1, 1912 3-4s, A&O, 30,000 r..Apr. 1, 1906
3^8, F&A, 80,000 r Feb. 1, 1913 3-4s,A&0, 30,000 r.. Oct. 1,1906
4s, J&Dg, 1 20,000 r .Dec. 1, 1913
3Hjs, A&O, 15,000 r.Apr. 1, 1907
4s,g, *05. J&J, 110,000r. July 1,'15 ,3J28,g,F&A,35,000 r..Feb. 1, 1928
Wharf Bonds—
"3*28,g,F&A,33,0O0 r..Feb. 1, 192*
4s, g.M&N, $52,000 r.May 1, 1927 3^8, M&S.30.000 r..Mar.l, 1932
g.M&N,
4s,
30 000 r.May 1, 1913 4s, g.,J&D 30 OoO r...Deo. 1. 1933
School Public Bldg. Bonds— 4s.g,'05, J&J, 6 >,000 r.Julyl, 1935

This city

is

LOANS—

H. Eaton, Treas.

..1905 to 1923
Temp, loan ondemand 4s.. .$6,500
Railroad LoanTrust funds
7,818
4s, M&N, $20,000 0. Nov. 1, 1918 Other indebtedness
7,000
($5,000 due yearly) to Nov. 1, 1921 Int. paid by Middleboro Sav. Bank.
Gen'l Improvement LoanTown debt Jan. 1905 $164,068
4a, M&N, $3,800 o....Nov. 1, 1915 Fire dist. debt Jan. 1,'05
46,075
4s,
.,
5,000 c... .On demand Assessed valuat'n, real. 3,380,345
Sewer Loan—
Assessed valuat'n, pers'l 751,092
4s, M&N, $35,000 o.-.Nov. 1, 1907 Total valuation, 1904... 4, 131.437
($5,000 due yearly) to Nov. 1, 1913 Tax rate (per $1,000) 1904 $17 40
School Loan—
Population in 1900 was
6,885
4s, M&N, $5.000
Nov. 1,1914 Populationin 1905
6,838
4s, J&D, 2,000
Deo. 12, 1912
Intereston light bonds is payableln Boston; on railroad loan inSalem;
on water loan in New Bedford; on other loans in Middleborough.
|

Watkr Bonds—
A&O, $60,000. Oct. 1,19 10-21
312s, A&O, 56,000. Oct 1.1922-V8
3»*8, A&O,
9,000... Ocr. 1, 1929
3*flS,

,$45,0000
is payable at Boston Safe Deposit

W

&

4s,
I

1906-22

o

\TC"ixr
T\
Jt5H.Ut* ^Jt-LLJ.
JNH.

on the town notes,

School Loan— (Con )—
M&S. $250 .... Sept. 8, 1913
Water Bonds (Fire District)—

19, 1781.

4s, J&J,$200,000. Julyl.' 15 20 5-6
25,000.. ..July 15,1926
4s, )&J,

INTEREST

office.

When Due.

M&S, $46,000

refunding Bonds -

This town is in Plymouth County. The town of Mlddleborough and
the Fire District of Middleborough are distinct organizations.
Incorporated in 1669.

Light Bonds—

1906-1916

Town Hall Bonds—

. .

MIDDLEBOROUGH.-A.
4s,
4s,
4s,

1906-35

$177,000 o

($1,500 yearly.)

$9,478 76.0n demand
J&D, 6,309 40. On demand
,

139,088
Total debt Jan. 1, 1905.. 364,088
Sinking fund
36.942
Net debt Jan. 1, 1905. .
327,146
Tax valuation, real
4,245,930
Tax valuation, personal. 904,462
Total valuation 1904
5,150.392
Assessment about 3t actual value.
Total tax (per $1,000) 1904.$17-60
Population in 1900 was
7,512
Population in 190>
8,678

1912
1907
1932
1914

Sewer Bonds—

When Due. Bond, debt

J&J, $16,000 o

6s,
4s,

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

4,343
3,402

in

School Bonds—

Water Bonds—
.May 1, 1924
4s, M&N, $100,000.

4s,

is

Water Debt—

Clerk.

Essex County.

LOANS—

Population In 1905
Population in 1900

Thomas Sutton, Treasurer.
NEEDHAM.
Norfolk Countv.
town
LOANS—

METHUEN.-Joseph S.

1,698,168

fair cash value."

Tax rate (per $1,000) 1905.. $1620

When Due.

I

i

Assessment at "

in

LOANS-

<

Population, 1900
Electric Light Bonds
4s, J&J, $10,500.. July 15, 1906-26 Population, 1890
Bonded debt Nov., 1905 ..$94,500

Total valuation 1905

Edward Clark, Treasurer.
NATICK.Middlesex
County. Incorporated Feb.

.

MERRIM AC-

4s, '04.J&J,$S4,000.Jnlyl5,'09-32

Treasurer.

Hampden County

1927
2,665 .Jan.l, 1930
3^8, J&J,
l,!S00..Jan. 31, 1931
3^s, J&J,
Mar. 1,
Jan.. 1932
3*28, J&J,
3,500
July 1,
38,000
4s, J & J,
7.0U0
3ias, J&J.
.J»)y, 1932
Surface Drainage Bonds—
3*98, J&J,
8,000. Jan 30, 1934
4s. .I&J, $40,000... July 15, 1932
5,000. .Jan. 31, 1930
4e,
J&J,
Drainage Notes—
Grade-Crossing Noth s 3>«8. A&O. $2,000....Oct.30,1906
Population in 1900 was ....12,962 4s, J&J, $7,000. Dec 30,1907 08
School Bonds—
5,000 .. Jan. 8. 1910
14/294 4s, J&J,
4s, F&A, $200,000.. .Feb. 24, 1916 Population in 1905
6.00J...Jan. 25, 1911
Sks, JAJ,
Town Hall (renewal)—
3H8 J&J, 4,000.. Jan i-9, 1912
Sept. 1,1912
4s, M&S, $45,000
4,0<;0...Dec.31, 1912
J&D,
3^8,
INTEREST Is payable at the Shoe & Leather Nat. Bank, the Eliot 3^8, J&J, 5,000.. Jan. 31,1914
National Bank of Boston and th e Melro se National Bank of Melrose.
Water Notess.OOO
Feb. 1, 1907
4s, F&A,
Feb. 1, 1908
6,000
4s, F&A,
Clifton" B. Heath Treas.
July 1, 1S08
4 8, J&J.
6,000
Thl town is in Essex County.
4,800 ....Feb. 1, 19o9
48. F&A,
When due. Floating debt
$10,000 4s, J&J.
l,4O0...Jan. 30, 1914
LOANS—
Assessed valuation 1904.1,266,690 4s, 3s J,
Water Bonds—
800. ...Jan 31,1925

M&8, 37,000
4s, A <xO, 50,000
4e, M&S, 25.000
4s,

School— (Con.)

3^8, g F&A, $2,000.Sept.l5. '06-07
'06-10 334 8,g.M&N, 20,000.Nov.l0,*06 15
3^s,«r.M&S, 7,500.8ept.l5,'06-10 3%s.g.M&N. 2,400.Nov. 10, 1916
Bonded debt Feb., 1905. $130,1 50
Refunding (gold notes)—
6,310,733
4s,g. F&A10, $12,500. 1906 to '07 Tax valuation 1904
Total tax (per $1,000) 1904.$18-50
($6,250 annually.)
11,376
Population in 1900 was
School—
12,105
3^s,g.M&N,$60,000...Nov., '08-19 PoDulationin 1905
Bank.
INTEREST is payable at the Milford Savings

$3,000. May 15, '06'-08
6,000 May 15, 1909
Bonded debt Jan. 31,'05. $978,031
sinking fund assets
308,728
Net debt Jan. 31,1905.... 669,303
Total value city prop'ty.l, 681,256
Tax valuation, real
13,813,325
Tax valuation, personal. 1,424,530
Tax valuation 1904.. ..15.237,855
Total tax (per 1 ,000) 1905. $1800
Assessment same as actual value.
Population in 1890 was
8,519

May 1, 1907
May 1,1912

When Due.

Town Hall Loan—
3^s,g. M&N, $12,500. Nov.,

Park Notes—
,

Co.

in

is

LOANS—

This town

Municipal Notes—

i

. .

Clifford A. Cook, Treasurer.
MILFORD.
Property assessed about actual value.
Worcester

Incorporated March 18, 1899.

in Middlesex County.

When Due.

BUTT ^ICK, Mayor.
GOULD, Auditor.

.

.

4s,

to take

Treasurer.
. . .

SCHOOLHOUSE BONDS—

May 1, 1922
m&N, $45,000
The Municipal Loan bonds were issued

Hayden,

0.

County seats are Lowell and Cambridge. Incorporated 1643.
Court House BondsWhen Due
LOANS—
1923 to 1932
4s, J&D, $100,000
Building Bonds—
1905-14
($10,000 yearly on Dec. 1.)
4s, J&D, $100,000.Dec. 1,
Deo. 1, 1905
Dec. 1,1905 4s, J&D, $10,000
10,000
4s, J&D,
1907-1924 Notes, 3168. 50,000.. Deo. 21, 1906
4s, J&D, 170,000
Deo. 1, 1905 Total debt Jan.l, 1905.. $790,000
0,000.
4h, J &D,
4s, J&D, 200,000.... Deo. 1, 1906 Tax valuation 1904. .564,847,029
($20,000 due yearly) to Dec. 1, '15. Population in 1900 was... 565,696
Population in 1890 was. -.431,167
4s. J&D, $110,O00.Deo., 1916 to'21
607,938
Population in 1905
Truant School Notes—
4s, J&D, $30,000.... Deo 1, '05-10
INTEREST is all payable at the Bea con Trust Company, Boston.

,

as

29

8

F& A. $37,294 4'2..
Water-Works Bonds—

4a,

48, J&J, $12,000
10,000
4s,
4s, .J&J, 12,000
4s, J&J, 10,000
10,000
4s,
4s, K&A, 80,000

1

J
I

4s,g.,M&S, $128,000 r.Mar.1,1917
3i2S.g.,F&A, 92,000 r Feb.l, 1918
3ias,g.,F&A, 30,000 r Feb.l, 1919
3ifl8,g.,J&D, 200,000 r. Junel,1922
3L58, M&S, 65,000 r.Mar.l. 1920
3i28,g F&A, 1 20,000 r.Feb. 1,1923
4s, g, J&D, 50,000 r.Dec. 1,1923

Water Loan—

A&O, $40,000

1906
1909
6s, A&O, $80,000 r
.Oct.
1906
1909
($20,000 due ye'rly) to Oct.
20,000 r.. Apr. 1,1918
4s, A&O,
4s, A&O, 120,000 r.. Apr. 1, 1924
4s.c.'04, J&J.95.000 r.Julyl ,'06-24 4s, A&O, 200,000 c. Dec. 15.1924
4s, '05. J&J, 6O,000r.Jan.l,'06-25 4s, g, A&O, 400,000 C.Apr. 1, 1926
4s, g, J&J, 400,000 c. Jan. 1, 1927
48, g. 05.J&J, 21,000 r.July 1,1925
High School Bonds—
4s, s, J&J, 200.000 C. Jau. 1, 1927
3^s,g,'0.">.J&J ,$l 00,000 r.Jlyl,*25 3%s,g.,J&D, 4»,000r.June 1,1930

Park Bonds—
A&O, $100,000 r

7s,

Apr.l, 1942
28.000 r.July 1.1951
INTEREST on the 7 per cent water bonds

is.

3128,

1,
1,
1,

.

J&J.

other coupon bonds at the
bonds payable by check.
all

Oct. 1,

($10,000 due ye'rly) to Oct.

office of

is payable at ttoston; on
the City Treasurer; registered

—

MASSACHUSETTS-CITIES AND TOWNS.

30

TOTAL DEBT, SINKING FUNDS, EtcBonded

debt... $4,138,000

Sinking funds...

1,182,869

Net debt
$2,955,131
Water debt, incl.
above
$1,538,000
Park, school and

$4.1ov\000
3,181.51?

$3,937,000
1,073,379

$3,920,453

$2,863,621

$2, "54,011

$1,538,000

$1,568,000

$1,598,000

'n».

Dee. 6. 1903.

wharl debt

$180,000
$210,000
above.... $370,000
$210,000
that for
and
$292,017,
was
1905.
Water sinking fund on June 22,
parks and wharf, $33,279; both are included above.
The water bondH, the park loan, the school loan of 1904 the high
school bonds of 1905 and the wharf bonds are authorized outside of
debt limit. Borrowing capacity June -Li, 1905, was $193,092.
The hi unicipal sinking fund receives yearly about $100,000 ana the
water sinking fund $28,000.
Value In 1915 was $5,228,788.
CITY
city's assessed valuation (which is
ASSESSED VALUATION —The
the same us actual value) aud'tax rate have been as followsHate of Tax
-Assessed Valuation.
per $1,000
Total.
Personal.
Real.
Years.
$19-20
$63,60-, 351
$24,108,051
$39,499,700
1904
incl.

,

PROPERTY—

11,02

3sO51,O0O

1901
1900
1895
1890
1880

36,170,900
3.^,762,290

31,984,150
16,8-29,154
20,041,700
13.137,519
13,138,400
POPULATION.— In 1905 was 74,331; in 1900

1890

It

was 10,733;

in

1880

it

was

is

Bonds—
J& J, $65,000.(0).. July
July

J&J, 90,000.(0

A&O, 25,000.(0). Apr.
Sewer Bonds—

in

W.Vt. F. HOUSTON, Mayor.
J. V. FELKER, Treasurer.

-

3i28,O4,J&D.$331,0OOc.J'ne 06-34
1,
1,
1,

$D' 0,000
1908 Floating debt
1911 Trust bonds, 4-4*23, $79,750. dem
1913 Total debt Oct. 1, 1905 $1,0- 2,750
.

Sinking funds, etc

43:2,375
650,,s75
Assessed valuation, real. 7,508. 900
Assessed valuat'n.ptr'l.. 3,380,692
Total valuation 1905. 10,889,592
Assessment about $1 actual value.
Tax rate (per SI ,000) 1905. $1740
14,673
Population in 1905 was
Population in 1900 was
14,478

Net debt Oct.

4s, M&S, $65,000(0). Sept. 1, 1919
35,000.(r). Nov. 1,1919
4s,
7,500. (r). Oct. 1, 1919
4s, A&O,
3l38, M&S, 46,000(r).Sept. 1, 1931

M&N,

1,

1905

.

.

School Bonds—
3*28, J&D, $27,500(r)June

3M,

5

\

Water Bonds

When Due.

City

3*28,

was 62,442;

in Essex County.

LOANS—

4s,
4s,
4s,

it

1540
1630
1570

26.845.

NEWBURYPORT —
This city

18 00
17-40
17-40
17-60

62,567,529
62,561,811
6^,896.050
57,884,452
52.642,733
36,870,854
26,275,919

24,402,079
25,510,811
2H.72.\150
22,122,162
20,658,583

38,165,450

1903

1. 1910
J&J. 3\000(c&r).Juiyl,'22
J&D, 50,000 c. .Dec. 1, 1923

.

.

Bridge Bonds—

3J2S,'05,M&8, 66,000 cAr.. '06 '15

PAR VALUE coupon bonds are for $1,000 each.
N T E R EST is payable at City Treas. or at. First Nat. Bank of Boston.
5ALONZO R WEED, Mayor.
TV-nr-vxrT/'^TvT
INUi
1 L-»1N.
FRANCIS NEWHALL, Treasurer.
I

W

The

—

city is situated in

J

Middlesex County. Incorporated June

Boulevard Bonds—
4s, J&D,$100,000c<fer.June 1, 1914
80,000 c.Oct. 1,1914
4s, A&O,
80,000 C.Apr. 1, 1915
4s, A&O,
Nov. 1,1915
4s, M&N, 100,000
lOO.OOOc&r.July 1. 1916
4s, J&J,

4S.M&N, 40,000 r. May 1,1917
3^8, J&D, 15,000 r. June 1, 1919
3iss,'04,J&J,9,000r..Jnly, '08-*14

Drains and Culverts—
4s, J&D, $29,000 c&rj line
7,500.. ..Apr

4s,j»&0.

Engine House Loan—

1, 1914
1,1917

J&J. $10,500.... Tulv 1, 1906
3iaB,M&S, 16,000 r.. Sept. 1,1922
4s,

.

School Loans—
4s, J&D, $50,000 c .June 1,1914
.

9,000 c*r July 1, 1914
A&O, 60,000 o&rApr. 1, 1915
F&A. 75,000. irAug. 1, 1915
J&D, 50,000 c&rDeo. 1, 1916
J&J, 100,000 r..Jan. 1,1917
M&S, 50,000
Sept. 1,1917
J&J,
15,000 r..July 1, 1918
F&A, 35,000 r..Feb. 1,1918
3ia8,M&S, 82,950 r.Sept. 1, 1919
3i«B,A&0. 34,000 r.. Oct 1, 1921

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

J&J,

3 ^s, J&J, 21i,000c&rJan.
3»2S,

A&O,

1,

2, 1

73

•Water Loans—

When Due.

LOANS—

J&J, $250,000 c&rJuly 1, 1906
A&O, 100,000 oirOct. 1, 1910
A&O, 100,000 cArApr. 1, 1914
A&O, 100,000 cArOct. 1, 1917
A&O, 100,000 CArOct. 1,1918
A&O, 250,000 <:Ar A pr. 1, 1920
A&O, 100,000cArApr. 1, 1921
A&O, 100,000 oArApr. 1, 1922
F&A, 50,000 O Aug. 1, 1923
A&O, 75,000cATApr. 1, 1924
F&A, 60,000cArAug. 1, 1925
7O,000oArJuly 1, 1926
J&J,
J&J,
45,000 c. July 1,1927
M&S, 75,000 c Mch. 1, 1928
3 1*8 M&8. 25,000 r Sept. 1, 1931
3i«s, J&D, 35,000 C. June 1. 1932
313s, J&D, 46,000 r .June 1. '06-28
3^s, M&N, 28, ^00 r.Nov. 1/06-34
5s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

"Sewer Bonds—
A&O, $250,000 CAr Apr.
A&O, 200,000cArApr.
F&A, 100,000 .Aug.

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

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

1911

1912
1923
1924
J&J, 100,000 cArJan.
1924
A&O, 125,000 CArOct.
1926
70,000 cAr July
J&J,
M&N, 1 00,000 cArMav 1927
M&S, 50.000 cftr8ept.l, 1928
J&D,
98.000 r.. Deo. 1, 1922
21,000 r Deo.15.1922
J&D,
J&D,
70.000 r Dec. 2, 1925
3^p.M&N. 25,000 r..May 1, 1930
3 10s. A&O. 20,000 r.Apr, 1, 1931
3>38.J&D. 50.000 c£r Deo. 1. 1931
3ias, J&D, 4>-,oo0 r. Judo L.HX '28
3^8. J&J. 48 000r.Julyl,'06-'29

1922

7,8*0 r. Apr. 1, 1922
12,000 rJunel.'oe '11

3^8, J&D,
3^8, 04.M&N, 78,o75r.May ,'06-24

Park Bonds—
4s. A&O, $25,000 e«fcr Apr. 1,1908
Highway Loans—
4s, F&A, $25,000 c. Feb. 1,1915
4s, A&O, 52,000 o&rApr. 1,1915 •Washington Street Loan—

4s,
4s,

J&D,

-10,000.... Dec. 26, 1915

3e,

J&D,

$4">,000

c.Deo.

1,
1,
1,

1925

M&N, * 80,000 c&rMay 1, 1936 3148.J&D, 35,000 o Dec.
1926
Miscellaneol'S Loans—
3*48,J&D, 12,000 c.Deo.
1927
4s, J&D, $30,000 r..Dec.
1, 1907 3ks,J&D,
13,000 r.Dec.1,1928
48, J&D, 10,000 r. June 1,1908 4s, F&A, 300,000 cAr Aug. 1, 1935
4s, M&S,
5,000 r.. Sept. 1,1903 4s, F&A, 200,000 cAr. Feb. 1, 1936
31*8, M&N, 12,500 r.Nov. 1, 1911 4s, J&J,
60,000 o&r.Julyl, 1936
3-lOs, J&D, 17,900 r June 1,1921 4s, J&D, 100.000 cat. Dec. 1, 1936
1912
4s,M&3, 100,000 cAr.Sept.1, 1937
3^, J&J. 5",000 c July 1,
3ifis, J&D, 29,000 0. .Dec. 1, 1912
4s, J&D,
50,000 cAr.Deo. I, 1937
Hospital Bonds—
4s, M&N,
50,000 r...Nov.l, 1938
3s, A&O
$30,000 r. ..Oct. 1,1920 4s,J&D, 63,000 c.Dee.l, 1939
*

Bonds issued outside debt limit

Tears—
1S05
1904
1903
1902
1901
1900
1895
1893
1880

Munioipal debt.
Water debt

Jan, 1, '03
$4,214,263
2,135,000

Total debt
Sinking fund

$6,450,800
2,352,280

$6,407,800
2,229,873

$6,349,263
2,017,979

$6,402,687
2,182,912

Netdebt
$4,098 520 $4,177,927 $1,219,775 $4,331,284
The sinking fund receives yearly about $130,000 and is nearly all In
vested In Dm eitv's own securities. The water sinking fund on Jan. 1,
1905 amounted to $1,150,334 98, and is included in the total above.
BORROWING CAPACITY on Jan. 1, 1905, was $330,610 49.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being at a fair cash value:

1780
1680
1640
16-80
15-20

1460

14"80
31,786,200
10,067,600
41,853,800
17,718,270
7,481,830
25,200,100
1400
Tax rate in 1904 included city tax proper, $14 36; State tax, $2-36;
county tax, $108 total, $17 80 per $1,000.
POPULATION.— In 1905 was 3*-,694; in 1900 it was 33,587; In
1890 it was 24,379; in 1880 it was 16,995: in 1870 it was 12,825.
;

NORFOLK
COUNT Y.—CHAS.H.SMiTH,Treas.
Dedham
the county seat.

Incorporated 1793.
Total debt May, 1905.. $300,000
4s, J&J, $.00,000 July 1, 1906 15 Temp.loan notes,July'05,$l 12,000
4s, '04, J&J, 20.000 .July 1,1916 Assessed val't'n '04 $226,958 917
4s, '05 J&J, 40,00<> Jnlv 1 '17-18 County tax (per$l,0OO) '03. $6-99
3iss'05,J&J 20.000. .July 1, 1919 Population in 1890 was... 118,950
3!23, 05,J&J, 20,000. July 1,1920 Population in 1900 was. 151.539
Population in 1905
167,487
is

LOANS—

When Due.

-

NORTH ADAMS
County

Berkshire
Refunding Loans. When Due.
3-15a, g, J&J, 1165,083 33.1912-'20
3-15s,g, M&S, 1(14,91 6 64. Mar,*20
315s,g.M*S, 1115,61669 Mar, 21
This city

*
I

is in

— R F— R ?' ^-a ^or
~

---

'

Incorporated Mar. 22, 1895.
Sundry Loans -(Con ) —
3^8, g, F&A, $3,750. Aug. 'Ofi-08
3-48! g, M&N, 19,250 Nov,*06-12
4s, g'04.M&N, 27,000.May,'06-14

\

4s, g.'04,

3is3.g.'04,F&A,1I6,533a3.Aug.,'26

3^s,

5.4O0

1

Nov.'Oo-'ll
4,800. .Aug,'06-'13

I

J&J,

2.500 .July 1, 1908
16,000. Juiy 1, '09-12
1,000. July, 1906 -07
3-vs, g, J«.l,
3,000 July. 1906 *09

M&N.22,

00.. 1906 to

317i-.g.J&D. 6,600

M&N,

3-4s,
"2,000. 1906-1907
4s, g,
F&A, *6,000 Aug.'Oe-OS
t
'04
F A, 10,000. Aug.'06-09
4S, g,
1

Water Loans—

3*28,

J&D. $38,500 June, 1906-12

J&J. 112,000. June, 1906-19
J&J. 97,750 Aug., 1906-35
36 ]0 8.g, J&J, 30,000 Nov., 1906-35
3148

1909

3»as, g,

g, J&D,
3V,g,J&J,

S^s,
1,'

*$22,400.Deo,'05-32

3- s,'05,M&S, 30,000 Mar.1,'06-15

June,'06-'ll

Sewer Loans—
4s,
A&O. $12,000 May

M&N,

PERMANENT lMPROVEM'T LOANS
J&D. -2,000...
1906

3 Vis. g, J&J,
3 "as, g, J&J,
3- >B, g,

g,

3-17s, g,
I

School Loans—

3*2S, g,

l*,000.Oot..'0- -14
-

M&N, #6.000. Nov, '06-*10

0I48. g, M&N,
4s. g, F&A.,

A&O,

MAS. 6,000 Mar.1,'06-15
Park Loans

3'?s'05,

bridge Loans—
3-188. g.

-

JAS.W. HARDENBERGH.Treas.

.->ies,g.F&A,1f^0,533 33.Feii.'2l-23
3i4R,g,A*0. 1(30,533 33 Mar,'23-25
3^8 g, Alv«>. 1)11,533 32 1925 '26

06-11

3388, g,J&D, 23,000 Junel,*0^-28
3-2s, g, J *D, 1^.800. June,'" 6 to'29
3-2s, g, A&O, *25,OO0...Apr,*0';-3O

16,500. June, 1906-36
1,800. .Jan., 1906-09

Inside debt limit

$300,371
Outside debt limit
478,989
Watei debt
322,000
3)7sg,l&D *9,100 June.'06 31 Tot Bond, d't Dec. 1,'04. 1,101,360
3-48, g..M&N, '8,860.. Nov,1905 32 Horrow'gcapao., Dec.1,'04 60,461
4s, g., F&A., 8.400 Aug, 1906-33 Assessed val., real
.11,800.287
Sundry Loans—
Assessed val., pers'l ... 3,093 990
3*38,g, J&D, *$102,6C6. Jne,'05 26 Total valuation 1 904, 14,894,277
36, s, g,J&D, *21,000 Jno,'06 26 Tot. tax (per $1,000) 1905. .$22-00
3148, g, A&O,* 146,666. Mar,*06 27 Population in 19()o was
24,200
Population In 1905 was
22,125
Outside debt limit 1T Part of issue outside of debt limit.
NTEREST is payable in Boston and North Adams
.

I

NORTHAMPTON.- —
This city

is In

LOANS—

5
I

TB EO B'D M CONNOR.

Mayor.

GEO. W. CLARK, Treasurer,

Hampshire County. Incorporated June
Water Bonds—
When Due.

23, ls83.

\

Armory Bonds—
J&D, $17,000 0... Dec 1,1912
Refunding Railroad Loan—

M&N,

May

4s,
$85,000 0...
1, 1909
3»fl8,g, J &J,1 68,000 c July l,'06-26

4s.

3H)8,g,M&8. 35,000 c. Sept.1,'06-12
Bond debt Oct. 4. 1905. $617,500
Sinking fund assets
36,112
Apr., 1906 Netdebt Oco. 4 1905.... 581,388
4s, A&O, $.500
School Bonds—
Water debt included
288,000
4s, J&J. $50,000 o....July 1,1915 Assessed valuat'n, real.10,231 ,750
4s, M&N, 15,000 O....NOV. 1, 1907 Assessed val't'n, pers'l. .2,508,108
4s, J&J, 23,000 o
July 1. 1910 Total valuation 1905... 12,739,858
3>9*. '04, A&O, 80,000 Oct.l '06-21 Aesessm't about 80% actual value.
Refunding Sewer Bonds—
Tax rate (per $1,000) 1905.$17 00
3*28,K.J&J,$108,000cJulyl,'06-17 Population In 1905 was
19,942
Sewkr Scrip—
Population in 1900 was
18,643
3 Has.'OS, A&O,$20,000c Oot'06-15
i

3i28,g.M&N,$14,000cMayl,'0612

Bridge Notes—

.

NORTH
PARKER,

ATTLEBOROUGH.-A.

T.

—

Treasurer. This place is in Bristol County.
When Due.
Notes— (Con.)
LOANS—
Water Bonds—
Town 3^s, $2,800 .July 25,1910

4s,

July

J&J. $30,000
J&J, 35,000

1,

1909

do 4s,
4,900. ..Jan 12, 1911
do 48,
1,000 ..Jan 12, 1909
do 4s, 10.600. .June 27, 1912
Electric Light Bonds—
4s, J&J, $50.000
Jan. 1,1924
3^8, J&J, 9,730. July 1, 1900-'19
J&J, 3,0
... July 25. 1906
3s.
Fund'd debt Feb. 1, 1905. $340,625
Floatingdibt
20.00O
Total debt Feb. 1, 1905.. 360,625
Sinkingfund
77,944
Interest payable in Boston.
Tax valuation in 1901. $4,265,092
Total tax per $1,006 1905. .$2300
Population In 1900 was
7,253
Population in 1905 was. .....7,878

July 1,1914
4o,000.July 1. 1908&'13
4s, J&J, 62,0O0.July 1, 1918*23
18,

4s,J&J,

Notes
Water3^s, $1,700. ...Apr.8, 1910
do
do
do
do

Town

.

4s,
1 150... Jan.12 19 1
4 s, 26.250.... Sep. 1/09-25
4s, 16,200.... Sep. 1,'06 -23
3 000.... Jan. 25, '12
4s,
3*28, 4,000 ...Jau. 30,1907

3^8,12,320. .July, 1906-'19
Ian. 30,1906
do 31^8, 4 000
do 3>«s. 4,000... .Junel9,lS08
do 3*ss, 1.800... .July 25,1 906
do 3i*8, 8,400.... July 25,1908

do.

NORWOOD.Chas.
The town
LOANS—

Water Bonds—
4s,
Is,

T.

Wheelock, Treasurer.

in Norfolk County.

When Due. Bonded debt Feb. 1,1905. $79,000
Floating debt

F&A, $35,000 C...Aug.l, 1910 Total debt

($10,000 each

ETC.-

Jan. 1,'05. Aug 10, '04. Ja».l,'04.
$4,267,8-0 $4,224,800 $4,217,687
2,183,000
2,185,000
2,183,000

Rate of Tax
per $1,000.
$18'00

,

Real.

is

PAR VALUE OF BONDS.— All the bonds are for $1,000.
INTEREST payable at First National Bank of Boston, or in Newton.

TOTAL DEBT, SINKING FUNDS,

Assessed Valuation.
Personal.
Total.
$48,966,500 $15,6-°, 870
$64,635,370
48.396.000
14,579,710
62,975,710
4R,066,750
15,059,825
63,126,575
14,966,430
46.973,150
61,939,580
59.176.03o
12.962,780
46,213,250
12,270,920
45,363,800
57,634,720
36,887,950
10,513,394
47,401,344
,

1,1903
$3,903,000
1,048,959

Jvne 22.1V05. Die. 10, 1904.

[Vol. lxxxi.

Sinkingfunds

fifth yr. until paid.)

J&D, $10,000 o....Junel, 1906
J&D, 8,000 0... June 1. 1915
J&D, 5,000 c
June 1,1918
J&D, 7,000 o....June 1, 1917
J&D, 4,000 c... June 1,1920

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

This

is

in

Tot.tax (per $1,000) 1904.. $1660
Assessment abt. 90% aotual value.
Population In 1905
6,731
Population in 1900 was
5,480
Population in 1890 was
3,733

Wesley Bridge,

Franklin County.
When Due.

42,650
121,650
31,984
89,666

Netdebt Feb.l, 1905..
Tax valuation 1904.... 5,127,735

paid by N. E. Tr. Co., Boston,

ORANGE.—
T.
town

Feb.l, 1905.

Treasurer.

.

School House LoansLOANS
Water Bonds—
4s, F&A, $2 ,800
part yearly.
M&S, $121,000 c.$3,000 yearly. Bond debt Sept, 30, '05. .$158,000
Sewer Bonds—
8chool House loans
21.80O
4s, M&N, $37,000 c... $2,000 y'rly Floating debt
31,000
1

|

4s,

I

|

1

2

.

MASSACHUSETTS-CITIES AND TOWNS.

Nov., 1905.]

water Bonds—

When Due. Fund, debt

School Loans —

M&V,

.

Water Bondr—
F&A. $140,000.. Aug

1.'06 '33

4.8,

4.fOO..Jan.l2,'06-'07
4s. '04, J&D. 38.000. J'ne l,'t'6-24

3^8, J&J,

M&N.

4s,

$20,000,

May 1,

oiT^TCTriTTT
n
Jrl 1 1 Of lrLil_.lJ.

This town

Population in 1905 was
Population in 1900 was

1906-'10

May

M&N,

M&N,

May

15.)

S^s.g., F&A. $90,000. Aug.,'0tt-20

Note's, 334s,
30,000
Bond, debt Deo. 24,1904 $972,600
( 2,60»-_ Deo.1,'05
246,600
3«t8,'04,J&D,^ 4,000 ..Decl.'06 Water debt (included*..
^70,000Dec.l,'07-20 Assessed val., real. .. 13,473.462
Assessed val., pers'l ... r«,938,279
Paving Bonds—
3i«8, 1904.
$80,000. ..1906 21 Total valuation 1901 ...17,411,7*1
Total tax (per $1,000) 1904.$18'60
Sewer Bonds—
4s, J&D, $130,000, g.. June 1,1906 Population in 1900 was. ...21,766
25,000
($10,000 due y'rly)to June 1, 1918 Population in 1905 was
3 ifl8,g.J&D,$2 10,000 June l,'06-'26
INTEREST is payable first Nat. Bank, Boston,
,

Edward L
PLYMOUTH.—
Plymouth County
town
This

is

in

11,'/

3348,

June

$25,200
15,600

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

1,
1.

00

48.
48,

,

21,000
3Vs, 16,0*0... May 1, 1906-'21
3%s,J&J.18,6i 6 28..Julv 1,*06 33
($666 66 due yearly)
3»«8,'05 A&O,10,O<>0,Apr.i5'06-15
3i«o,'05,M&N,12.000o.Nov.,'06-15

3^3,
3^8,

-

School Loans—

May

48.
4s,
4a,
4s,

1,

1905-'13

$6,000
4,500
4, koO
3,000
2,400
2,040

Aug. l,1906-*25
Sept. 8, 1906-'IO
May 1, 1906-'l 1

May

July

.Nov.
.July
300
823 51.. Apr.
..
.

1,
I,

1906-'ll
1906-'09

1, 5906-'U
1, 190b-'06
1, 190t>-'07

3*8 01,A&O,7, 00.. .Oct.
Real Estate Loan—

1906-*11
Aug. 1, 1906-'25
.Apr. 1, 1906- '07
3%s,3,850 00.... Aug.! 3,190*-' 12
4s,'0l,J&J, 26,6^0.. Juy 1,'<6'24
3*«s,'05,A&O,25,0v0.Apr.l5'06-15
3*«8, $6,000
4s, 5,333 20
4s,
649 66..

Dec.

$13,500

1,

3Vis,

$3,200

Feb.

...

1,

1,'06-14

1906-'13

Engine-House Loan—
J&J, $«,400 July 1. 1906-13
2,250..Decl5,1905-13
Funded debt Jan. 1,'05.. $25^,562

3348,
4s,

Sewer Loans

,

Asses'd valuation (real

..7,

'45,050

$6,000 .. Nov. 1,1906-' IS
3%s, J&J. 25,000 .July 1,1906'30

Assessed valu'n. (pers.).. 2,415,977
Total valuation 1905.... 9,561,027
Tax rate (per $^,000) 1905. .$1720

48,'05,M&8,$18,OOO.Sept.l,'06-'2 3

Population in 1900 wa<..
Population in 1905 was

4i«8,

Fire Dept. Bonds—

QUINCY.

5
I

9,592
11,118

GEO. A. SIDELINGER, Auditor.
HENRY G FAY, Treasurer.

Incorporated May 17, 1888.
When Due. Sewer 4s, $2-000 Sept 1. 1906-30
LOANSMunicipal Dept.- 3ks, 4sWater 4s, M&N, $23,000/06 to '28
Due
Duc($1,000 annually on April 1.)
1906. ..$59,820 1911
.*20,170 Water 3^8, $24.000.. 190n to 1929
10.170 Water 3^8, 25,000.. 1906 to 1930
1907 ... 49,320 1912
3,67<> Water 4s, 14,000 Apr. 1, 906-19
1908 ... 4«,120 1913
Summary or Debt Jan. 1, 1905.
1909 ... 39.945 1914 . 2,470
34,445
Municipal debt
$407,572
1910.
38,000
3138, ...,$16,000 Apr. 1, 1906-25 Parkdebt
3»*s, .... 1" 000 July 1,1906 2* Sewer oonstruc'n debt.
516,000
705,500
31*8, .... 28.500 ..Aug. L 1^06 24 Water debt
Parks, g, 36,000 Oct. 1906 to 1923 Total debt Jan. 1, 1905. 1,667,07
Sewer 4s, M&N $176,500.'06 to '37 Boirow'g apac. Jan., '05.163,560
20,8*1,175
Tax valuation, real.
($5,500 due yearly.)
Sewer 4s, A&O, $80,000 1906-'37 Tax valuation, personal 4, 37,535
Tax valuation 1905 ....25,578,7 10
($2,500 yearly on Oct. 1.)
Sewer 3^b, A&O $58,000.1906-39 Tax rate (per $1,000) 19(. 5. $18-30
Population in 1900 was.. .. 23,899
($2,000 yearly on Apr. 1 to 1929
1 6,723
Population in 1890 was
and $1 ,0i yearly to 1939.)
Sewer 4s, $4,000.May 1, 1906-07 Population in 1905
28,067
^.Ooo.J
1906-14
.ne 1,
sewer48. \
Sewer4s
1,1915-44
This city

is

in Norfolk County.

.

.

.

.

.

1

.

.

Total debt Apr.

1, 1905.. 434,500
ater debt (additional).. 3ou ;00
Assessed val., real
11,724,825
v.

.

-

I

GRAY,
Mn — JEZEKIEL

DnriTT

a
i-eCJoJrVJ_.-A.iNU.

Town

in

J

Treasurer.
R. STUDLEY, Clerk

J. S.

Plymouth County.

When Due. Bonded debt

LOANS—

Water Works—
4s, M&N, $44.000. May
F&A, 12,000.. Feb.
Funding Notes—

4s,

Mar.30,'05.
Floating debt

1,
1,

Tax

1906-'16

Library Notes—
MAN, $4,000. Mayl5, '06-'09
3138, M&S, 7.000,.. Mar 17,'07'13
Steam Roller Notes—
3i*8, J&J,1!2.500 July 9, 1906*10

is payable at the New
interest at office of State Treasurer.

on water bonds

Co Boston; other
,

•

}

30 000 Ju ne
is payable at Eliot National Bank, Boston.
|

INTEREST

RANDOLPH.—
Joseph T.
town
This

is

LOANS—

,A&0, $20.000

When Due. Bond.debtOct

Water Bonds

Floating debt
64,000
Assessed val'tion, 1905.3,051.252

J&J, $20,000c July,190S,to'25
M&N, 3rt,000o. May,1906,to '14
»s, M&N. 50,000c May, 19 15, to '24
3^s,M&N,13,50 c.Nov.l, 1906-32
4s,
4s,

8<

Assessment abt 75% aotual value.
Tax rate (per M), 1905
$21-00
Population in 1900 was
4,592
Population In 1805
4.446

hool Bonds—

48,'05,M&S.*1 9 000 o.Sept.,'06-24
INTEREST is payable in Boston at Nat. Exchange

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

A&O, 20,000

M&N,
M&N,

Leahy,

H. DANFORTH, Auditor.
CAT
PA/f
O.A..L_liilV±.
— 5CHARLE8
FRANK A. NEWELL, Treasurer.
}

This city

in

is

Essex County._ Inoorporated_March^23,
4s,

is in

Other credits

Netdebt Jan.

LOANS—

N Hunt,

Middlesex County.

When uue

EbiiCTRic-LiGHT Bonds—
4s, A&O, $38,000 o. . . .Oct. 1, 1906
($2,000 due vearly) to Oct.
4s, May, $1,400 c
May
4s, J&D, $1,400 ... c Dec.

1,
1,
7,

1924
1906
19.6

Bridge Bonds—

,$:,000
1906
Street Bonds—
Aug., 1906 4s, J&D, $24,000 c June 1,1906-13

.

48.F&A, $4,2000

4s, '0»,

Water Bonds— (Outside

Improvement Loan—
M&S, $16,000

1906-13

4s,

Municipal Loan—
J&D, $36,000 c. June 1, 1906
($3,000 due yearly) to June 1, 1917

4s,

3^8.
4s,

1,

$210,045
55,676
34,198
1905.... 120,171

4s,

Mar lt 07
^ 4500 r
Sewer Loans—
4s, A&O, $30,000 c.Apr. 1, 1906

Pipk Renewing Bonds —

($2,000 due yearly) to Apr. 1, 1920
Sewerage Bds.— (Outside limit.)

3»ss, F&A, $16,000 r.Feb.l.'Oe'-lS
4s,
J&J 13,500 r. Jan. 1,'06-'14
3*28,'05, M.iS,15,000.Mar.l,'06-15

190 -'33
M&8, $34,000
3W04M&bl95.000c&r.Sep l'06-44
Public Library6s, A&O, $25,000 r... Apr. 1,1908
PAR VALUE OF BONDS.—The bonds are mostly

3is8.

I

INTEREST

in $1,000 pieces
payable at the Merchants' National Bank, Boston.

is

TOTAL DEBT, SINKING FUNDS, EtcDec.

Bonded debt

(other than water)

Sinking fund

Net debt (other than water)
Water debt
Water sinking fund

Net water debt
Net funded debt of
Other

,

city.

debt, floating, *&c.

1,

1904.

Dec. 1, 1903

$600,500
20,250

$425,617
18,972

$580,250
179,700

$406,645
597,050
360,395

$179,700
759,950
51,210

$736,655
643.300
68,523

$811,160
$711,823
$420,918
$390,924
Assessment
about
full
value
VALUATION.—
Assessed Valuation.
Tax per
Real.
Personal.
Total.
$1,000
$17-80
$29,«?8,000

17-50
$19,561,000
$9,793,688
29,354.688
17-80
19,400,200
10,632.700
30.032,900
19,254,100
10,103,800
29,357,900
1750
2i',198,700
19.042,100
10,156,600
18 00
18-00
18,910,900
10,084.400
28,«95,?.00
17,076,400
10,507,200
27,583,600
1850
17-00
14,289,500
11,909,390
26,198,890
POPULATION.—In 1905 was 37.586; in 1900 it was 35,956; in

1890

it

was 30,801;

is

LOANS—

in

Water Loan—
to 1908

($2,000 yearly on Aug.

1.)

F&A, $8,000. ..Apr. 1, 1907
F&A, 21,000c Aug. 1909to'15
'

5,000 C.Mar.

1^05
1904
1903
1902
lfOl
1900
1895
1890

This town

School Bonds—
F&A, $6,000.... 1906

M&N,

Years.

SAUGUS.

Alitor.

4s,

4s.
48,

limit.)

J&D, $120,000 c.Junel, 1906
($8,000 yearly) to Junel, 1920
F&A, $6,000 o....Feb. 1, 1906

($2,000 due yearly) to Feb. 1, 1908
F&A, $5,*00 r.Mar. 1, 1906-16
4s,M&S,
!:50r
Aug. 1,1906
1906-'08
3»«8, M&S,
4,500r
312s, A&O, 10.000 r.Apr.'06 to "09
3^8, A&O,
5,000 r Oct.. 1906-10
3!4S, J&J,
9,000 r. July, '06-'ll

1906-1908
$1,500
e,000r..!ulyl,1906-'U
dH'O-i
M&8, 5 5,000 r.. Mar. 1,'06
48, o&, MAS
>

4«, .... ,
4e, J&J,

ASSESSED

Treasurer.

Incorporated 1644.

..8,

836.

J&J, $90,000 c.Julyl,1906-'23

Total net debt of city

1,710,175
40,000
May 1,1917 Tax valuation, real
20,000
May 1,1918 Tax valuation, personal. 302,300
J&J, 25,000
July 1, 1922 Total valuation 1905. ...2,012,475
J&J. 10,000
July 1,1926
Assessment is about actual value
M&N, 3,000
.Nov. 5, It. 23 Total tax (per ($1,000) '05..$<<0-40
Interest payable at Boston.
City property (est ) 1904.$340,6o0
Bonded debt Jan.l, 1905. $133,000 Population in 1900 was
3,993
Floating debt and acoid't. 72,045 Population in 1890 was
3,946

This town

1

Trust Fund Bonds

When Due.
LOANS—
CEMETERr Bonds —
3148, A&O, $7,800 r. .Apr., 1906-11
3^28, F&A, 2,000 r. Aug. 1906-07
High School Bonds—

.

Sinking funds

READING.— E.

Bank

Borrowing capacity

When Due. Total debt
Apr. 1, 1907
Apr. 1,1912

England Trust

F*'b. 27, 1840.
1, 1905.. $139,000

is in

LOANS-

in Norfolk County.

Water Works—

489,828

Fred. E. Pool, Treasurer.
ROGKPORT.'own
Essex County. Incorporated

',

•

2,805,630

Total assessment 1904.. 3,295,458
Tax rate (per $1,000) 1904.. $2000
Population in 1890 was
5,213
Population in 1900 was
5,327
Population in 1905
6,285

3^8,

INTEREST

valuation, real

$79,000
30,000

1906'17 Tax valuation, personal.

3%s, MArN, $2,000. ...May 1,190(5

This

Street Loans—

1906-'14

1P06-T7
1906'19
1
Oct. 2,1906 '19
Aug.
Aug.

Burgess, Clerk.

Plymouth C. & W.St.Ry.Loan—

When Due.

LOANS—

Water Loans—

...1906 '20

1906-1909
4"2.400
1906-1916 Assessed val., pers'l.
1906 Total valuation 1904. ..12,197,225
1007 Total tax (per$l,000) 19<)4.t>2000
Population in 1900 was
10,395
Water Bonds—
3^s,'05,A&O,360,000 lRT.l,'Q«-35 Population in 1905 was_ ...12,647
NTEREST Is payable In Boston at the Fourth National Bank.

$120,000... 1906-1 917

($10,"00 annually on

Treasure:-.

F&A, 2,500
A&O, 1,000
3^s, J&D, 6,750

School Bonds—

4s, g,

Total valuation 1904.... 4,613, 429
Assessment about aotual value.
Total tax (per$l,000) 1904. $20 00
Population iu 1900 was
4,969
Population in 1905 was
5,682

M.tN, $3,800

4s,
4s,
4s,

13,097
11,523

I

I

05

1905..

Suffolk

A&O. 9,375
Sewer Loan—

< A. H. BAGO, Mayor.
}e. H. KENNEDY, Treasurer.
Pittsfleld Is in Berkshire County. Town 1761, city 1891. The sewer
and water debt, included below, is outside of the debt limit.
When Due. Notes, 4s,
$5,000
LOANS—

Water Loans—

is in

4s,

—

4s, M«feN, $45,000 r ... Nov. 1. 1908
1,1916
50.000 r....
4s,
4s, M&S, 2,40,000 o.Sept., 1906'13
4s, M&N,g,20.000 r...May,1906- 07

1

1,

Trunk Sewer Bonds When Due.
LOANS—
4s, M&N, *10O,OO0c....l905-'34
School Loan Notes—
Refunding Bonds—
1906-1922
4s, J&D,
$^.500
1906 3 198,M&S,$170.000r.Mar.l,*06 22
48.M&N,
2.000...
.1906-1923 3^8. M&S, 5' ,000 r.Mar.1,'06-16
4s, M*N, i:t,0
$100,000
1906 Debt oui side limit..
4s, M&N,
2,000
1906'24 Debt inside limit
334,500
4s. M«,N, 42,250

Assesmout same as actual value.

Refunding Watkr Bonds—

55, c

352,705
Tax valuation, real
4,077,994
Tax valuation, personal. 535,435

Arthur Tapley,
REVERE. — G. County.

.

.

Electric Light Bonds—
June 1, 1922
4s. J&D, $40.000

1905. $297,200

'

73,868
428,868
11.113
136,1 95
231.560
Assessed valuat'n, real .6.4 97,000
2,423.1t4
Assi-ss^d val., per-t'l.
Total valuation. 1905 ..8,920,754
Assessment about cash value.
Total tax (per M.) 1905 ... $19 00

$2,000

1,

Interest payable in Boston.
INTEREST is payable at First National Bank, Boston.

Floating debt
Total debt Jan. 15,1905.
Sinking fund
Ca^h and other assets
Net debt Jan. 15, 1905..

...Nov.. 1906
3i«s. F&A 6, 80.000. Aug. 15,'06 21
4a,'04, M&S, 8.000 ..Sep. l,'0ti-09
3^3,

1915

to

($7,000 vearly on June 1.)
J&D, $30,000o. J unel,*23 to '25
1916 to 1922
J&D, S-4,000
($12,000 yearly on June 1.)
4s, M&H, $10,000 C. .Mar.15,19'
5,000 0... June 1,1926
48, J&D,
June 1,1927
3,000 o
4s, J<vD,

at
Jan. 15, 1905.$355,000

in

C .1906

Floating debt
Total debt Jan.

4s,
4s,

— Elmer M. Poor, Treasurer.
PEABODY.
$1,145 561
Essex County. Town property valued
This town
is

J&D, $70,000

4s,

'

LOANS—

When Due. Bond, debt Jan.

loans-

O

Assessment fair cash value.
$210,800
1. 1,1905.
Total debt
121,000 Total tax (per $1 ,000) !'05.. $23-20
Water debt Unci, above)
5,520
2,<-'42,7 45
Population in 1900 was
Tax valuation, real
5,575
78 ,1$5 Population in 1905 was
Tax valuation, pers'n'l.
Total valuation 1905 .. 3,423,900
INTEREST on the water bonds is payable at the Orange National
Bank and at the office of the Town Treasurer; on the sewer bonds at
the National Hide & Leather Bank, Boston, and the Orange National
Bank; on all other loans at the Town Treasurer's orHoe.

31

9,

1

1906

in

?

1880

it

HENRY

was

27,563.

PARKER, Clerk
Water Loan— (Con.)—
When Due.
D.

Essex County.

4s

$9,000
1905 to 1907 4s,
($3,000 yearly in Dec.)
4s,
4s, ....,$15,000
1910 to 1912 4s
($5,000 yearly in Dec.)
4s
4*28, ..$10,000.Dec, 1908 to 1909 4s,

4s, .....

,

....,
.....
,

Dec, 1913
Dec, 1914
Dec. 1915
10,000.. .Dec, 1916&I917
3,000. ..Dec, 1918&1919
$3.500
5.0ro
2.500
5,000

Deo., 1920

—

'

,

MASSACHUSETTS-CITIES AND TOWNS.

32
LOANS—

Hathaway Bonds 4s,.... $4,000

When Due-

Oct. 19,

School-House Loan—

$77,500
Floatinsr debt
Total debt Jan. 1, 1905.. 204,250
4,434
Sinking fund assets
4,084.083
Assessed val'n, real
Assessed val'n, personal 249,770
Total valuation 1904. ...4,333,853
Total tax (per $1,000) 1904.$20-00
6,252
Population in 1905 was
5,084
Population in 1900 was

1908

$30,000.July 1,1906 to '15

4s

—

:

25,0O0.May,1915 to '19
l,400.May.l906 to '09
Funded debt Jan. 1, '05. $126,750
3»i)S, .....

3*28,

County and was
City Bonus- (Oon.)
4e,
J&J, $35,000... July 1,1912
($7,000 due yearly) to July 1, 1916
<$5,000 due yearly) to Oct. 1, 1912 4s,
J&J, $54,000... July 1, 1906
Skwer Bonds—
($6,000 due yearly) to July 1, 1914
4s. J&J, $9,000
$45,000. July 1, '06-08
July 1,1906
56,000. July 1,*09-12
($1,000 due yearly) to July 1, 1914 4s, J&J,
4*28, A&O, $6,000
39.000 July 1, '13-15
Oct. 1, 1906
10,000. J nly 1, 1906
<$1,000 due yearly) to Oct. 1, 1911
4s. J&J, $17,000
1906 to 1922 3i«B, J&J,i 54,0"O.July 1. '07-12
27,000. July 1, '13-21
($1,000 due ann. on July 1.)
3iss, J&J, $22,000. July 1, 1906-27
2,000. July 1, 1922
18,000..Tuly 1, '06 07
4s, J&J.
July 1,1906
18,000
J&J,
ra($l,000 yearly) to July 1, 1923
48,
20,000. July 1, '08-11
3*28, J&J, $26,000... July, 1906-31
24,000. July 1, '12-17
1906-28
4s,
20,000.July 1. '06-07
J&J. 23.000. July 1,
48,J&J,('04) 24,000.. July 1, '06'29 4s,
J&J,
9,000 July 1, 1908
city is in

LOANS—

When Due.
Paving Bondb ( Outside limit )—
4s, A&O, $35,000
Oct. 1, 1906
,.

3lp8.'05,A&O,30,O00.. Apr.!, '06-35
Sewer Bonds (Outsiae limit)—
4s. J&J, $60,000.. July 1, 1906 25

4s,

Water Bonds—

1906
1,1907
1,1906
1, 1920
1,1906
1, 1914
1,1915
1,1919
1,1907
1, 1918
1, 1906
1, 1908

5138, J&J, $10,000. . . .July
4s,
J&J, 10,000.... July
4s. A&O, 30,000.... Oct.
($2,000 due ye'rly) to Oct.
4s, A&O, $27,000 ..Oct.
($3,000 due ye'rly) to Oct.
4s, A&O,$10,0OO....Oct.
($2,000 due ye'rly) to Oct.
4s, J&J, $12,000.... July
($1,000 due ye'rly) to July
4s, J&J, $3,000.... July
($1,000 due y'rlyj to July

1,

Park Bonds

3iflS,

16,000.Jal'y

3^8,

City Bonds
4s,
J&J, $48,000... July
($8,000 due yearly) to July

1,
1,

.„
4s

'

I

48

T . T
JAJ

1. '11-12
1, '13-20
1, '06-07
1, '08-11
1, '12-21

(

1

Seal.

Personal.

Total.

$6,226,5C0
5. 68 5,'.? 60
5.787,870
5,202,400
5,148,200
3,574,000
2,575,800
2,064,900

$59,145,600
58.05«,700
56,981,360
55,485,370
53,924,200
52,578,200
46,453,900
32,557,500
20,458,100

July, 1906-1908
$4,000 yearly.

Apr.

1, 1913
Oct. 1, 1923
Oct. 1, 1920
Apr. 1, 1906-08

Oulstand'g.

$12,000
200,000
150,000
125,000
120,000

and City Treasury.

Totaldebt Apr. 1, 1905
$2,403,300
Sinking fund Apr. 1,1905
320,000
Net debt Apr. 1, 1905
$2,083,300
Water debt, included above
$595,000
..."".'.
Water sinking fund (included above)
None.
Net water debt Apr. 1, 1905 (included above)
$595,000
CITY PROPERTY.—The city values its property at $6,419,050,
Including $2,100,656 for property of water department.
In year
1904 water receipts were $266,542, expenditures and transfers, $154.-

034; balance, $112,508.

ASSESSED VALUATION,

-Real estate

Is

cent cash value

taken at about 90 per

-Assessed Valuation
Personal.

Real.

Tears.

Tax per
$1,000
$15-40

Total.

1905
$63,273,330
$17,631,147
$80,904,477
1904
62,145,950
16,722,107
14-60
78,868,057
1903
60,787,130
16,420,769
77,207,899
14 60
1902
58,411,160
16,424,905
14-50
74,836,065
1900
55,676,320
16,682,161
13-80
72,358,481
1895
46,063,460
12,969,681
12-20
59,033,141
1890
33,795,860
10,697,773
12-40
44,493,633
1888
30,323,140
9,540,115
13-60
39,863,255
Taxation in 1904 includes State tax, $060; county tax, $0-77; oitv
tax, $13-23 total, $14-60 per $1,000.
POPULATION.—In 1905 was 73,484; in 1900 it was 62,059; in
189o it was 44,179; in 1880 it was 33,340; in 1870 it was 26,703.

is

5
<

NICKERSON,

F. E.

-

in Middlesex County.

Water bonds - (Con.)—
M&N, $85,000 c.Mayl, '08-24
M&N, 2,000 c.May 1, 1925

When Due.
Sewer Bonds— (outs, debt limit)
4s,

Treasurer.

GE0 N GREEN, Clerk.

LOANS—

3*28,
3»as,

J&D, $88,000 c.J'nel, '06to'25
($4,000 due yearly to 1917,

3 000 «-May 1, 1925
3ks masis,
M&N $^ 10>000
cMavU 26 . 2 7
3U 8 M&N, 3,000.. .May 1. 1928
'

rf-as,

then $5,000 yearly.)

Town Notes—

!

,

4s.J&D,('04)$2,000 . June, 1900
4b,
J&D,
5,000 c. Dec. 1, 1906

bonds are mostly for $1,000 each.
Jan 1 ,'03. Jan.l '02

Jan.1,'05. Jan.l.*04.

PHneipal,-

When Due.

PAR VALUE OF BONDS.—The bonds are all for $1,000 each.

7.

-

ETC.—

l

A&O

Ref. Water bde. g.,(cou.)03

This town

(25.000..J'lyl.'15-'24
72 000 Apr.l, '06-13
16,000. .Apr.l, '14-15
i
( 30,000.. Apr.l, '16-25

T»0<?
1905,

<

4g A & O
4g A & O
3^g
3>2gA & O

Water bonds gold 0.1893..
do
do gold c.1893..
do
do soldo. 1890..

ST
ON E FT A TVT^^ —
m

34,000 .J'lyl, '06 '09
40.000 .J'ly 1,'10-'14

3i«8A&0^

J&

3*2g

1898..

—

Payable

;

40,000.,Julyl,'14-»23
36,000. Oct. 1, '0K-*23

I

A&O

1. '09-18
1, '06 09
1, '10-14
1, '15-18
1919
1,
1, '06-10

28.O00.July
40,000 July
72,000. Julv 1,'06'13

5
'

4s.J&J,('04)

1906
1911

PAR VALUE OF BONDS.—The

J&J
•I

(Outside limit)—
3*28, J&J, $24,000 ..July 1, '06-29

TOTAL DEBT

50,000 July
28,000 Julv
20.000. July
J&J,
12,000. July
2,000.July
50,000 July
J&J
10,000.July
i 32,000 July

g., r.

P. Ot.

I

Treasurer.
incorporated in 1872.

F.

Miecel's bonds,

Interest.

,

NTEREST payable at First Nat. Bank, Boston
TOTAL DEBT, SINKING FUNDS, Etc-

CHANDLER, Mayor.
$L
SOMERVILLE.BEARD,
J A8.
This
Middlesex
I

LOANS-

NAME AND PURPOSE.

[Vol. lxxxi.

Tot. bond, debt Oct. 1, '05.$242,000

Floating debt

14,100

Library Notes—
Total debt Oct.
1905.. 256.100
Total debt
$1,498,500 $1,505,500 $1,477,000 $1,461,000 4s. J&DC04) $2,400 o June,'06 '07 Total valuation 1,
1904... 4,904,006
Water debt (incl. above)...
108.000
123,000
146.000
175,000
School Bonds—
Assess't 80 to 90% of actual value.
Borrowing capacity
141,000
132,500
157,500
148,000 3i«8, A&O,$41,000 o.Apr.l. '06-'19 Total tax (p. $1,000), 1905. $22-00
Water Bonds—
In place of an accumulating sinking fund, the city raises each year by
Population in 1900 was
6,197
taxation a sum of money which is applied to the redemption of bonds, 3i<>8, M&N, $10,000 cMayl, '06-07 Population in 1905 was
6,320
which when paid are oanceled. Value public property, $3,826,100.
INTEREST is payable at National Bank of Republic Boston.
ASSESSED VALUATION.— The city's assessed valuation (about
the actual value) and tax rate have been as follows:
See City of Boston.
-Assessed Valuation
>

Tears.

1905
1904
1903
1902
1901
1900
1895
1890
1880

$51,836,200
51.296.100
49,697,500
48,721,800
47,430,000
42,879,900
29,981,700
18,393,200

POPULATION-In
1890

It

was 40,152;

in

LOANS—

When Due.

SPENCER.—
E.
This town

Central

St.

Bridge 4a

bed 4s
Total debt Mar. 1, 1905
Sink'g fund Mar. 1, 1905

Tax
Tax

valuation, real
valuation, pers'l
Total valuation 1904

Assessment about

Tax

23

$8,000
2,000
126,015
12,631
3,582,908

1,047,001
4,629,909
actual value

rate (per $1,000) 1904

Population in 1900 was
Population in 1903

$1860
10,025
10,947

Jones, Tn-h 8 .<rer

When Due. Assets

$142,989
1905... 154,611
1,
Assessed valuat'n 1904.3,546,230
Water Bonds—
Assessment about *i actual value.
4s, J&J, $240,000 c... July 1, 1914 Tax rate (per
1904. $16 00
Bonded debt Mar.l, 1905. $240,000 Population in $1,000)
1900 was
7,627
Floating debt
57,600 Population in 1,905 was
6,963
Total debt Mar. 1, 1905... 297,600
INTEREST is payable by the Boston Haft , cposit & Trust Co.

Refunding Notes—

Netdebt Mar.

J&J, $21 000. July

1906-12

,

1,

SPR;NGFIELD.-{S^p^j^^«™»ON
This city

in

Hampden County.

Mj
v

K

r.

Incorporated ana citv May ^5 18 "2
LOANSInterest.
-Pnncipal,NAME AND PURPOSE.
P. Ot. Payable.
When Due.
Outstand'o.
FireDept. bonds, reg.1901.3Jsg
Sept. 1, 1906-11
$24,000
Park bonds, g*d, reg. 1903.3^
June 1, 1923
125,000
School bonds, g'd, reg. '95. 4 g
Oct. 1, 1915
35,000
do
do
g'd, reg. '97. 4g
Jan. 1, 1917
370,000
Jul,
<
1906
to
17|
do
do
g'd, reg. '97. 4g
& J ($4,500 annually.
54,000
July,
<
190H-1918J
do
do
g'd, reg. '98. 3l2gJ & J
113,100
X $8,700 yearly.
do
do
g'd,reg.l900 3>2g J & D
Dec. 1, 1919
20,000
do
do g'd.c or r. 1900 3g J & D
June 1, 1920
125,000
do
do gold r...l901 3 >2g
& S Sept. 1, 1921
125,000
do
do gold,r...l902 3^gA & O
Oct. 1, 1922
55,000
do
do c orr
'903 3i« M & S
Sept. 1. 1923
40,000
do
do
1905 3<2g J & J
Jan. 1, 1»25
335,000
Bewer bonds, reg
1891 4g J & J
July 1, 1906
70,000
do
do g'd, 1892
3'*2gM& N
May 1. 1907
35,000
do gNLc.orr 1900 3g J & U
June
1,1930
142,000
do
do gold, reg. 1901 3>2gM & S
Sept., 1906-26
21,000
do
flo gold, reg 1904
3i2g
Aug
1906-24
1,
38,000
Improv't bonus g.,reg.,'97. 3i2gF &
A Aug. 1, 1907
35,000
is

.

M&S
J&D

A&O
J&J

1

(

M

'

F&A

Milton

D. Porter, Clerk.

County

When Due. Total debt Mar.

1, 1905... $449,800

Sinking fuud
22,425
1, '28 Assessed valuat'n real. 6,030,188
Ass'd valuation, pers'l. 2,117,442
$168,550.Sept.l,'06-*42 Total valuation 1905.. 8,147,627
4s,
M&S, 13,000.8ept.l,'13-'25 Assessment about actual value.
M&S, 12,000.Sept.l,*14- 25 Tax rate (per $1,000) 1905. $14-50
48,
School Bonds—
Population In 1905
5,141
3i»a,J&J, $33,000... .1915 to 1924 Population in 1890
3,198
Bond, debt Mar. 1, 1905. $339,800 Population in 1900
4,548
Floating debt
110,000

14 00

in Worcester county

LOANS—

LOANS—

,

A. Hall, Treasurer.

Filtration

in Essex

Water Bonds—
3^8, g., F&A, $140,000.Aug.
Sewer Bonds—
1540
3»fl8, M&8,

Worcester County

$13,000
Sewer b'ds 4 s (outsi. limit) 50,000
Sewer notes 4s
8.2'5
Sewer 4s
9,000
Armory and engine-house
notes 4e
14,500
High School notes 4s
1.800
School house 4s
1,500
School house 3^8
13,000
Contingent 3^8
5,000

3*28,

is

1910
was 69,188; in 1900 it was 61,643; in
1880 was 24,938; in 1870 was 14,685.

School-house 4s

is

SWAMPSCOTT.This town

190:

SOUTHBRIDGE.—
John
This town
is in

SUFFOLK COUNTY.—

Rate of Tax
per $1,000.
$18-30
17-20
17-20
16-40
15-90
16-00

TAUNTON-

(JOHN

H. ET,DRIDGE, Mayor.
H. TEMPLE. Treasurer
This city is in Bristol County. Incorporated May 11, 1864.
LOANS—
When Due.
Paving BondsCitv Bonds—
3>*8,J&D,('04)$12,000c.J'nel,'14
4s, J&D, $37,000 cfcr.Dec 1 1905
Water Bonds—
4s, J&D, 15,000 r. .June 1, 1906 4s, J&J, $27,000 r....July 1,
1906
4s, J&D, 21,000 r. .June 1, 1907 4s, J&J,
5,000 r....July 1, 1908
4s. J&D, 1 1,500
Junel, )908 4s, J&J, 15,000 r.... July 1, 1909
4s,J&l>,
4,600r
Dec.1,1908 4s, J&J, 30,000 r
Jan. 1, 1910
4s, J&D, 17,850 r
June 1, 1909 4s, J&J, 15,000 r ... July 1, 1910
4s, J&D,
5,000
.June 1, 1911 48, J&J, 38,000 c... July 1, 1911
4s, J&D, 15,000 c.June 1, 1913 4s, J&J, 45,000 r....July 1, 1917
4s, J&D, 21,000 0.. June 1,1914 4e. J&J, 516,500 c... July 1, 1922
48, J&D, 17,000 r. ..Junel. 1915 4s, J* J, 50.00O r....Jan. 1, 1918
48, J&D, 45,000 r.... Dec. 1,1915 4s, J&J,
4,000 r....July 1, 1919
4s, J&D, 46,800 r...June 1, 1916 4b, J&J, 30,000 o ...Jan. 1, 1920
4s, J&D, 45,000 r.
Dec 1, 1906 4s,J&J, 40,000 c
July 1, 1930
4s, J&D, 3<V>00 c&r Dec. 1, 1909 3128, J.VJ
)0,000 0.. Jan. 1, 1923
3»«8, J&D, 4,000 r.... Dec. 1, 1911
3*28, J&J, 15,000 r..July 1, 1934
3128, J&D, 15,000 c June 1. 1912 3i2*,'05,J&J, 15,000 Jan. 1,1935
313s. J&D, 8,000 c. .Deo. 1, 1912
Electric-Light Bonds—
4s. J&I).
2,300 r..June 1, 1913 4s, J&D, $125,000 c.June 1, 1927
3i2H, J&D, 23,000 r.. Junel, 1913
4s, J&D,
7,500 c.June 1, 1917
4s,
J&D, 6.000 r June 1,1914 4s, J&D,
3,500 r. June 1, 1918
3H8,'05,J&D,7,000 r.June 1. 1914 4s, J&D,
5,000 r...Dec. 1, 1928
S^s.'OS.J&D.SO. 000 June 1, 1915 3*28, J&D, 3,000 r... Dec. 1,1920
School Bonds—
3^8. J*D,175,O00 c.June 1,1932
4s, J&D, $27,000 r...June 1, 1917 3kss.J&D,
1.500 r.. Junel, 1911
4s, J&D. 45,000 r ..Junel, 1919 Bond, debt Aug.l,1905.$2,l 82.450
3 i«.J&D<'04) 33.500.e&r.June 1,'24 Floating debt
1,000
Sewer Bonds—
Total debt Aug.l, 1905. 2,183,450
4s,
J&D, $83,500 cfcr. June 1,'27 Sinking fund
Gbii.21^
4s,
J&D, 16,500 r.June 1, 1928 Netdebt Am:. 1, 1905.. 1,528,231
4a,
J&D, 50,000 r..Dec 1, 1928 Water debt (included)
855,500
4s,
J<VD, 30,000 r June 1, 1929 Water sinking fund
287,117
4s,
J&D, 75,000 c&r.. June 1,30 Borrowing capaoity
3Hs, J&D, iOO.OOO c&r.. Dec. 1, '30
Aug. 1, 1905
149.270
3158, J&D, 20,000 r.June 1, 1932 Vaiue city property '04.2,513,159
31oh, J&D. 12,000 r June 1, 1913 Assessed valuat'n, real. 15,982,405
3V,'<>5..!&D,7,0<JO
1935 Assessed valuat'n, per. 5,762,266
Street Imi-rovkment—
Total valuation 1905 21,744,671
3 12s, J&D, $22,000 r.June 1, 1910 Assessment abt.
90% actual value.
3 h,.J&D. 35,000 r June 1,1911 Tax rate (per $1,000) 1905. $20-20
Fire Truck Bonds Population in 1905 was
30,952
4s, J&DC04) $3,000 r. Junel. 1914 Populat'n in 1900
(Census) .31,036
INTEREST-WHERE PAYABLE-Coupous are payable at the
vyebster & Atlas Nat. Bank of Boston. Reg. interest is remitted byCity
I

EDWARD
,

.

.

.

c
.

.

.

.

Treasurer.
,

OUTSIDE DEBT LIMIT-T/ke

bonds are outside debt limit.

'

electric light,

sower and water

_

1

Not.. 1905.

MASSACHUSETTS-CITIES AND TOWNS.

J

Albert
WAKEFIELD.—
Middlesex
town
Tbis

is

W. Flint, Treasurer.

County,

in

LOANS—

When

Sewer Bonds—

Miscellaneous Loans (Con.)—

Bit e.

,

1921-1930
34P.M&N, 60,000
34s, M&N, 50,000.Nov.l,'llto'20
17,000 Oct,
40 ,000 Oot

1,
a-

<

$54,000 Oot.

}

90,000. Oct,

1,
1,

si,- aava
J4S,A«BO,

5
j

3i28.

,

,

Municipal Light Loan—
a
a i r.
A&U,
4s,

Water Bonds—
a

4s,

C$32,000. Oct. 1,1900-13
1,1914-23
1, 19 ?4 32

AirtJ< 80,000. Oct.
A&O,
10 g (00 o Oot.

7,000. Oct. 1.1933

[

..1906-1913
1906-1912
1906-1917
1905-1921

,$16,000
7,000
12.000
25.000
3,500
,

1906-22
1923-42
1906-1
1915-24

1906 1912

1906-1909
2,000
1910 1918
9,000
,
10,000.
1906 1915
Bonded debt Feb. 1, 1905. $786,300
Floating debt
90,997
Tax val nation real
6,913,140
Tax valuation, personal. 1,432,455
Total valuation 1904
8,345,595
Total tax (per $1,000) 1904.$19-60
Population in 1890 was
6,982
Population in 1900 was
9,290
Population in 1905
10,266
,

1906-1907
1908
1,000
.1906-1909
2,000
1906-1910
2, >00
,
.1906-1909
2,000
1906-1914
9,000
INTEREST is payable at the Coloni al National Bank, Boston
,$1,000..
.

t

,

SF. O.

r -j->/~kr

This town

is in

LOANS—

PILSBURY,

L.

Treasurer.

HOWARD, Clerk.

Norfolk County.
When Due.

Miscel. T.oans (Con.)—
Fire bldg. 4s, $4,000 Sept.16,1908
Water Bonds 4s, F&A, $S©,000.. 1906tol925 School 4s > 10,500.. Aug. 6, '09 '11
001100148,^ 3,4.00.... Aug. 6,1912
($4,000 due yearly on Aug. 1.)
do
2.500 ..July 17, 19 '.<)
43.
School Note
Nov. 2, 1906 Bonded debt, Oct. 1, 1905. $80,000
4s, M&N, $8,500
Note debt
50,85'»
Misc. Loans2,409,288
Water ext. 4*, $1,150 Oct.30,lP07 Tax valuation, real
1907 Tax valuation, porsonal. 849,494
do 4s, 2,300
do
do -do S»< s. 4.000. Mavl2,' 913 Total valuation 1904 ....1,258,782
Total tax per$l,000, 1S05. .$18-00
Standpipe 4s \ 500 Tu ^ 17 lH14 Population in 1905
4,003
£
Mar. z7, 1908 Population in 1900 waa
Library 4s, 3,000
3,572
INTEREST is payable at the First Nat. Bank of Boston.

—

,

,

.

ttt a T tlj a TV/r
VV /Y !_ 1 ilAJVl.
This city

is

ALLEN, Auditor.
ALFREU W. TARBELL,

—County
\

LOANS—

Treasurer.
2, 1884.

When Due.— Watkr Bonds— (Con.)4s, A&O, $10,000 r..Apr.

Ckmktery Bonds

3hs, J&J, $1,000 r...Jan. 1, 1910 4s, A&O, 10,000 c.Apr.
3ks, J&J, 1,000 r... July 1,1910 4s, A&O, 30,000 c.Apr.
3*sb, J&J, 2,000 r... Jan. 1, 1911 4s, A&O,
33,000 c Oct.
3*28, J&J, 2,000 r. .July 1, 1912 3^3, A&O, 6,000 r. Apr.
3^8,J&J, 3,000 r... Jan. 1,1913 3^8, A&O, 5,000 r..Apr.
3i8, A&O, 8,000 r.. Apr.
Fire Apparatus Bonds—
3>as, J&J, $5,000 r...July 1,1912 3*28, A&O, 10.000 c Apr.
3*28, J&J, 2,000 r... July 1,1913 3^8, A&O, 10,000 C.Oct.
.

Grade Crossing Bonds—

1, 1915
1.1916
1,1917
1,1918
1,1911
1, 1912
1,1913
1, 1920
1, 1920

Building Bonds—
J&J, *1,000 r... July 1, 1907 4s, J&J,
4s,
$725 c. Jan. 1, 1907
3»28,'05,J&J,;i,000...July 1, 1915 3««e, J&J, 20,000 r..Jan. 1, 1911
Street Bonds 3^>s, J&J, 22,000 c.Jan. 1, 1922
4s,
J&J, $6,000 r.. Jan. 1, 1906
Surface Drainage Bonds—
4s,
J&J, 7,000 o... July 1, 1906 4s, J&J, *$10,000 c July 1, 1912
4b,
J&J, 3,000 r... Jan. 1,1908 4s, J&J,
3,000 c.Jan. 1, 1906
4s,
J&J, 4,000 r... Jan. 1,1909 4s, J&J,
3,000 r.. Jan. 1,1912
3k8,J&J, 6,000 r... Jan. 1,1910 4s, J&J,
2,000 c.July 1, 1912
3*28, J&J, 7,000 r...Jan. 1, 1911 49, J&J,
6,000 r..Jan. 1, 1916
3^8, J&J, 9,000 r.. .Jan. 1, 1912 4s, !&J,
5,000 c.July 1, 1916
3>ns, J&J, 36,000 r.Jan. 1, 1913-14 4s, J&J,
3,000 r.Jan. 1, 1918
4s,
J&J, 11,000 r... Jan. 1,1915 3S:8, J&J, 3,000 r.. July 1, 1909
Wire Bonds—
4s, J&J,
11,000 r.Jan. 1, 1922
3*23, J&J, $2,000 r...July 1, 1912 4s, J&J, *85,000 c&r.Jan. 1, 1909
3*28, J&J, 7,000 r
Jan. 1, 1913 4s, J&J, * 15,000 c&r. Jan. 1, 1910
Public Park Bonds—
4s, J&J,
4,000 c.Jan. 1,1919
4b, A&O, '$20,000 c. Oct. 1,1923 3»2S, J&J,
4,000 c.July 1, 1919
Public Playgrounds—
3sia, J&J,
3,000 c.July 1,1920
3138, J&J, '$31,000 C.July 1, 1933 3*28, J&J, 10,000 c&r.Julyl, 1922

School Bonds—
4b,
J&J, $5,000 r Jan.
4s,
J&J, 24,000 c.July

1,
1,
1,
1,
1,

Sewer Bonds—
1906 4s, A&O, '$50,000 c. Oct. 1,1911
1906 4s, A&O, *50,000 o Apr. 1, 1921

1907
4,275 c Jan.
1903
1,000 r Jan.
3^8, J&J,
11,000 r.July
1909
3*38, J&J, 102,000 O.July 1,1920
3*28, J&J,
31,000 o..Jan. 1. 1921
3*28, J&J, 38,000 c&r. July 1,1921
3*29, J&J,
15,000 c July 1, 1922
3138, J&J,
43,000c&r.Jan.l,l923

4b,
4s,

J&J,

J& r,

Water Bonds

4b, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
48, J&J,
48, A&O,
4s, J&J,
4s, J&J,
4s. A&O,
4s, A&O,

$9,000 c .Apr. 1, 1906
6,000 o Jan. 1. 1907
12,000 c ..July 1, 1907
24,000 o July 1. 1908
20,000 c.July 1. 1909
35,000o July 1, 1911
28,000 c.July 1,1912
125,000 c.Apr. 1, 1913
24,000 c. Jan. 1, 1913
20,000 c.July 1, 1913
10,000
Apr. 1, 1914
10,000 r..Oot. 1, 1914

*25,000 c July 1, 1922
*15,000 r.. Dec. 31, 1922
A&O, * 10,000 c.Apr. 1, 1923
A&O, *5,000 C.Oct. 1,1923
A&O, 5,000 c.Apr. 1, 1924
J&J,
7,000 c.Jan. 1,1927
3%s, J&.T, 2,000 r..July 1, 1909
3V, J&J, 2,000 r July 1, '12-13
3^s,J&J, 2,000 r... Jan. 1. 1915
Bond, debt 0<-t. 1, '05. .$1,?68,000
Sinking funds
518,059
Net debt Oct. 1, 1905..
740,941
Water debt (included)
445,000
Borrow'g cap'ty Jan.l.*05.117,909
Assessed valu'tion.real. 16, 8 46 ,400
Assessed valu'tion.per'l 6,154,260
Total valuation 1905.. .23.000,660
Tax rate (per $1,000) 1905. $16-80
Population in 1905
26,239
Population in 1900 was.... 23,481
4s,
4s,
4s,
4s,
4s,
4s,

J&J,
J&J,

.

. .

Special loans.
I

NT E REST is payable at the Boston Safe Deposit & Tr. Co

F. Ktchardson, Treasurer.
Hampshire County. Incorporated 1775,
LOANS—
Amount. Almhouse notes 3^8
Sewer loan, 4s
$15,000 Sewer extension 3*23.
Macadam road loan 4s...
1,000
do
do
4s, '05-08
is

5,600
2,000
2,500
3,4=50

30,600
25,500

School 3*28,

900
in

County.
When Due.

LOANS—

School House Notes—
M&S, $18,000 o.Sept.
4b.

1906
1914

Stone, Treasurer.

Drainage Loan—
Street Loan —

($2,000 yearly) to Sept.,
4s, A&O, $12,000 C.Oct., 1906-08
4s.'05.M&N,6:> 000 May 1, 06-25

3^s,*05,MAN.$60,000.Mayl,'14-23

3^8, J&J, $216,000

4s,
4s,
4s,

Water Notes—

0.

.Jan. 1,1906

($9,000 due v'rly) to Jan. 1. 1929
49,J&J, , 04.145,000 O.July l,'06-34

Sewer Notes—
M&N, $70,000c. Nov. 1,1906
Town Notes—

4s,

F&A, 3,000 C.Aug.
F&A, 30,000 C. Aug.
J&D, 8,000 c. Dec.

is

LOANS—

4a,

J&D,

$5,000.... Dec. 16, 1907
5,000.... Apr. 28, 1908
5,000. ...Apr. 1,1909
M&S, 5,000
Sept. 1,1909
M&N, 6,000. ...Nov. 12, 1910
J&D, 6,000.... Dec. 30, 1910
A&O, *<,000
Oct. 1,1911
A&O, 6,000 .. Oct. 1, 1911
M&S, 18,000.... Sept. 1,1913
M&S, 9,000.... Mar. 1,1914
M&S, 140,000
Mar., 1915
M&S, 15,000.... Mar. 1, 1916
M&S, 5,000. ...Mar. 1, 1917
M&S, 5,000
Sept. 1,1918
M&a, 8.000... Mar. 1, 1921
4a, M&S, 44,000. .Mar. 1, 1906-27
4s,
4a,

1,
1,
1,

1906
1907
1907

Johnson, Treas.

Electric-Light Plant—
M&S, $2,000
Sept. 1,1906
($1,000 due y'rly) to Sept. 1, 1907

When Due.

Water Works—
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4b,
4a,
4s,
4s,
4a,
4a,

&

in Norfolk County.

School Houses—
M&S, $2,000. .Sept. 1 1906
Sept.1,1906
M&S,
1.000

M&N,
A&O,

4s,
4s,

. .

,

Building Bonds—

M&S, $5,000. Sept. 1, 1906-08
($2,000 y'rly to 1907; $1,000 in '08)

4a,

Parkway Bonds—

M&S, $12,000. Sept. 1, 1906-17
Total debt Jan. 1 1905. $378,500
20,000
Floating debt(adiitionacr
Water debt (included).... 2*4,000
123,787
Sinking f und aaseta
274,713
Net debt Jan. 1,1905
Tax valuation real
7,093,375
Tax valuation personal. 4,0 1 3,764
Road Bonds—
Total valuation 1904... 11, 107, 139
1906-1909 Asseasment % actual value.
( $20,"00
1910 Total tax (per $1,000)1904.$11-00
4s, M&S,;
4,000
1911 Population in 19o0was
5,072
2,000
(
Population in 1905
6,185
NT E REST is payable by the Boston Safe Deposit & Tr. Co., Boston
4a,

,

.

I

Harry
WESTBORO.—
town
is

5a,
4s,
4s,
4a,
4a,
4a.
4a,

When Due.

M&S, $55,000 c.Sept. 16, 1908
M&S, 35,000 c. Mar. 1,1908
M&S, 20,000 r.. Sept. 16,1916
M&S, 2,000 r.. Sept. 16, 1919
M&S, 5,000 r
1920
M&S, 19,000 c
1925

M&N, 6,000 o... Nov.
Sewer Bonds—

1,

1925

1,

1922
1926
1928

M&N,$31,000r

4s,
43,

W. Kimball, Treas.

in Worcester County.

M&N, 10,000c
31-3S, M&N,
30,000 o

Nov.

Municipal Debt—
1904-1909
M&S, $19,000
Bond.debt Jan. 1, 1905.
213,000
Floating debt
.41,000
Water debt (included)
142,000
Sinking funds
87,089
Tax valuation 1904.... 2,982,681
Assessment is *& actual value.
Total tax (per $1,000) 1904.$16-90
Population in 1900 was
5,400
Population in 1905
5,402
3' 5 s,

. .

(Interest payable in Boston.)

WESTFIELD.-C.
This town

is

in

Hampden

LOANS-

When Due

Bridge Bonds—
4a

$5,100

Water Bonds—

N. Oakes, Town Treasurer.

County.

Oct. 1, 1906-08

A&O, $22,f 00
Oct. 1, 1906
($5,500 due yearly) to Oct. 1, 1909
4a, A&O, $5,000
Oct. 1, 1906
($2,500 due yearly) to Oct. 1, 1907
A&O, $63,000.Oct. 1, 1906-22
48,
4s,

J&J,

4s.

22.000 Julyl,'06'27

School Notes—
$1,800. .. .Sept. 1, 1906
Jan. 1906 to 1908
6,900

5a,
4s,

Bridge Loans—

A&O, $5,100
Oct.l,'06-'08
Sewer Notes—
4s,
A&O, $5.000.. ..Jan. 1, 1908

4s.

Grade Crossing Notes—

5,000.. July.l, 1906-06
10,000. July 1,1908-09
Deo. 15, 1910
4s,
5,000
,
34b..., 2,000
Sept. 17, 1911
4b, A&O, 85,0^0 ...Oct. l.*06 '22
3M)S,A&0, 48, 000. ..Oct. 1,'06'17
Bond, debt Jan. 20, 1905.$432,100
Water debt (included)... 130,000
312s,

J&J,

4s

,

Tax valuation 1904

8,673,058

Aasessment about »]o actual value.
4b, $9,000
Dec, 1905 to '07 Total tax (per $1,000) 1905. $18 00
Gas and Light Bonds—
Population In 1900 was
12,310
3*23, J&D, $96,000. .June 1, 1906 Population in 1905
13,609
due
y'rly)
to
($4,000
June 1, 1929
In place of a sinking fund the town pays off part of its debt yearly.
INTEREST on water bonds at Boston; on otheis at Westfleld

WEST
SPRINGFIELD—F. H. Sibley, Treas.
town
Hampden
This

is

County.

in

LOANS—

When Due.
General Purposes—
5s,

$17,000

($1,000 due yearly)
4a,

May 5,1906
to May 5, 1922

A&O, $14,000

Oot. 1, 1905

($l,000,due yearly) to Oct.
4s,

1,

1918
1927

1,
1,

1928
1933

$165,000

Refunding Bonds—

M&N, $50,000.... May
M&N, g. 25,000 C.Nov.
Water Bonds—

4s,
4s,

$25,000.. April 1,1929
4s,g.,A<SO, 25,000. .Oct. 1, 1930
3i28,g.,A&O,50,000..Oct. 1, 1930
4s, g.,

WEYMOUTH.—
The town

3^8,'05,MA-N, $.0,000. .May 1,'15
1,

Thie town

$11,5560

2,000
4,000
5,000
do
do
4a
To wn-hall repair 4a
10,500
Total debt Mar. 1, 1905.. 122,610
Tax valuation in 1905... 4,379,5^0
Tax rate (per $1,000) 1905. $19-70
Population in 1900 was
8,263
Population in 1905 was
8,593

WATERTOWN.-Chas.
W.
This town
Middlesex
is

WELLESLEY-Feed.

4b, '05

in

Street pav'g 3 k>s, 1905-12
Street Impt. 4s, li>05-08.
Street Impt. 4s
Grade crossing 4s, '05-07
Water debt
School notes 3ifis, '05-'21.

1908
1909
1910
1,1910
1,1911
1,1912
1, 1912
1,1913
1,
1,
1,

Boston.

WARE.
—A.
town
This

8,000

LO A N S—
Water Bonds—

Incorporated June

'Con.)

J&J, $12 OCO.. July 1, 1913
F&A.13.000 Aug 1,1914-15
Funded debt Oct. 17, '05. $737,300
Water debt (included).... 361.000
Assessed valuat'D, real. 10,637,300
Assessed val. personal. 1,740,385
To-al valuation 1905. 12,377,685
Total tax (per $1,000) 1905.. $1850
Population in 1* 05
11,202
Population in 1900 was
9.706
4s,

4s,'05

2,000. ... Oct.
..July
10,000. July 1, '10-'ll
10,000.. July 1, 1912
INTEREST on water 4s is payable at the Boston Safo Deposit
Trust Co.; on other notes ac the Fourth N .tional Bank, Boston.

J&/,
J&J,
J&J,

This

JO. E.

in Middlesex

A&O,

4h,
4s,
4s,
4s,

,

Miscellaneous Loans—

„
T A
rr
WALrULJi.
— JH.

8,500
J&J,
3Vs, J&J, 20,000 c.July
c.July
30,000
J&J,
3^, J&J, 10,000 July

48,

3^s,MAN, 100.000 Nov.l, 1931-40

Jan.

0.

J&D, $11.000. ...... .1906-15
School Loan—

3>28,

F&A, 21,800 o.Aug.

3i28,

Town Notes

When Due.

LOANS—

Town Notes— (Con.)—
4s, M&N, $15,000 c.Nov,

Fire Station Bonds—

1906-1910

3ks,M&N,$10,000

1906 1910

$9,750

33

LOANS—

May 8, 1909-10

$50,000. . . July 1 1 907
15,000. Jan. 1,1906-07
7,500 June 15, 1910
25,000.May 1, 1911-20

Water debt additional)... 469,000
Floating debt (addtti'al)... 32.584
Total debt Jan. 1, 1905.... 665,084

School Bonds—

When Due.

.

Water Bonds—
4s, M&N, $300,000.... Nov.
4s, M&N,
50,000... .Nov.
4s, M&N,
21,000.... Nov.
M&N,
4s,
29,000.... Nov.
4s, M&N,
May
15,000.
4s, M&N,
13.000. ..May
4s, M&N,
4,000. ..May
4s, M&N,
5,000.. .May

M&N,
M&N,

,

4s.
4s,

Sinking

Water

1914
1917
1919
1920
1921
1924
1925
1927
8,000. .May
1926
6,000.Mayl,1929A31
.

4a,
4b,

H. Stetson, Treasurer.
Water Bonds— (Con.)
M&N, $12,000 May, 1930<fc*32
VI&N,
6,000. Mav 1,'33&34
Town debt, Jan. 1, 19o5..$163,500

3128, ....,$10,000..

34s,

J.

in Norfolk County,

Town Debt—
4s,
J&J,
3»28, ....,
3*28,

May 1,1929

1, 1905. $379,000
Floating debt.
52,103
Total debt Mar. 1, 1905. 431,103
Sinking funds
47,762
Ner, debt Mar. 1, 1905...
383,341
Water debt (included) .. 279,000
Tax valuation 1905
5,766,415
Total tax (ner $1,000) 1905.$16'50
Population in 1905
8,101
Population in 1900 was
7,105
Population in 1890 was
5,077

1G06-1930

,50,000

is

Refunding Bonds—
$25,000
Boml. debt Mar.

4s, g..

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

School....

Fund—

$193,474
31,334
•224.808

440.276
Net debt Jan. 1,1905
Borrow'g capao Jan.1,'05. 129,794

Tax
Tax

valuation, real
5,895,771
valuation, personal. 1,169,5 92
Total valuation 1904
7,065,363
Property assessed at actual value.
Tax rate (per $1,00~) 1904. $20 60

Population in 1900 was
11,324
Population in 1905
11,585
INTEREST on town and school debt payable at Town Treasurer's
cflice; on other loans at Nat. Bank of the Republic, Boston, Mass.

:

MASSACHUSETTS-CITIES AND TOWNS.

34

Geo. D. Soulb, Oh. Bd. of Assess's.
WHITMAN.Plymouth County
town
is

'/iiis

in

LOANS—

|

Vol. lxxxi.

PAR VALUE OF BONDS Is $1,000 and multiples thereof.
INTEREST is payable, by check, at the Merchants' National Bank
in Boston.

When Due. Total valuation 1904.. .$3,935,807
Abington Water Bonds—
Assessment same as actual value.
1912 Tax rate (per $1,000) 1904.. $19-10
48, M&S, $100,000
9,520
Population in 1905 was
Interest payable in Bosto i.
6,155
Total debt Jan. 1, 1905.. $118,076 Population in 1900 was

1, 1903.
Total bonded debt... $8,820,500 $9,144,500 $10,865,500 $10,460,000
Sinking funds
3,441,045 3,770,803
5,197,319
4,810,95&

WILLIAMSTOWN.-John N avin, Chairman

Netdebt.
$5,3/9,455
Water & park debt

So.

This town

of Assef.SOI S.

LOANS—

When

Refunding Notes

in Berkshire County.

is

Due.

1906-1913
S%8, F&A, $16,000
($2,000 yearly on Aug. 31.)
3Si8, F&A. $31,000.... Arm., 1907
Total debt Apr., 1905.... $51,156
INTEREST Is payable in Boston

\imvTr'tJiroTirD
WlNCriESTii .H..
1

This town

is

—

5

THOMAS

\g. h.

S. SPUKR, Treasurer.
carter, cierk.

3 h s,'O3.M&N,$10,000Nov.l,'06-15

Highway Bonds—

J&D, $45,00O.Deo.l9O5 to'10
($5,000 in 1905, $9,000 in 1906,
$5,000 in 1907, $10,000 in 1908,
$6,000in 1909, $5,000 in 1910).

3*28,

Sewer Bonds—
4s,

3»*8'0 <,M&N$10,000.Nov.l,'06-ll

J&D. $30,000

1917-1922

Total debt Jan. 1.1905.. $651,000
Water works, value
343,000
Tax valuation, real
8,916,525
Tax valuation, personal.l, 631,750
Total valuation 1905.. 10,548.275
Assessment about % actual value.
Tax rate (per M.) 1905
$1680
Population in 1900 was
7,248
Population in 1905
8,236

($5,000 due yearly.)
4s, J&D. $50,000. .Dec. 1. '18 to '22

($10,000 due vearly.)
4s,

J&D, $20,000.. Dec.

'23-'24

1,

($10,000 due yearly)

Water Bonds—

3is8&4s, $203,000 .-.1906 to 1927
(Part due each year.)
4s, J&D, $33,000. . . June 1, 26-'28
.

WINTHROP.
town

<GEO.

A.

FOXCROFT,

Treasurer.

>E. S. FREEMAN, Chairman Assessors
This
is in Suffolk County.
Bonded debt Jan. 1, 1905. None. Tax rate (per $1,000) 1905,.$17-00
Floating debt ..
$245,097 Population in 1905
7,034
TotpJ debt Jan. 1 1 905. 245,097 Population in 1900 was
6,058
Tax valuation 1904
8,921,850 Population in 1890 was
2,726
.

LAWRENCE READE,
DANIEL

in Middlesex

is

LOANS—
J&J,
J&J,

County

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

8,000... July, 1906-'09

A&O,$15,000

A&O.
A&O,

6,000

Apr., 1906-*08
Oct., 1906-*11

2,500. ...Apr., 1906-'10

.

O

r

\K7C~\T3
VT <^. rT'
t?
L-»r«.01i.i>
1 .fc-i-t.
is

$4,243,500

$4,060,000

1905, not included above, was $25,000.
city owned property in 1904 valued at
$15,244,105, including water works, $4,253,980. Receipts from water
assessments in year 1904 were $293,794 02; interest on water loans,
$154,662; paid to water sinking fund, $58,653 24.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being taken at " its full and fair
cash value "
Personal
Rate of Tax
Real Estate.
Years.
Property.
Total,
per $1,000.
$95,669,8=0
$1700
1905
$25,195/52 $120,865,502
94.087,100
119,348,102
1904
25,261,002
1740
92,358.300
24,767,350
117,125,650
1903
17CO
90,140,650
26.090,073
116,230,723
1600
1902
16-40
„.
86,158,600
25,885,373
112,013,973
1900
15-40
i895
71,104,650
16,939,866
88,044,516
15-60
57,819,250
15,633.010
73,452,266
]890
In 1905 tax rate includes: State tax, $1-04; county tax, $0-82; city
tax, $15-14; total, $17-00.
Average assessed valuation for three years 1903 to 1905, inclusive,
was $119,113,081.
POPULATION.— In 1905 was 127,763; in 1900 it was 118,421; in
1890 was 84,655; in 1880 was 58,291.

on Oct.

1,

WORCESTER

CO.— E.

Worcester is the county seat.
nise Notes.
Court
When Due
3-25s,
$40,000.... Oot. 15, 1906
3*12128,
40,000 .. Oot. 15, 1907
3-12128,
10,000.... Oct. 15, 190^
3-258,
30,000.. ..Oct. 15, 1908

—

H

40,000.... Oct. 15, 1909
3 258,
Total debt Jan. 1, 1905.. $200,000

—

WALTER

BLODGET, Mayor.
$FRED. W. WHITE, Treasurer.
5

in Worcester County.

H.

Incorporated as a city Feb. 29,

When Due.
LOANS—
Building Bonds—
Funded Water Loan—
3i28,'05,A&O,$15,O0O.Apr.l,1915
1906
1,
Funded City Loans—
1, 1914
4s, A&O, $50,000r...Apr. 1,1925
1, 1915
is, A&O, lOO.OOOr ... Apr. 1 1 926
1918 is, A&O, 125.000r Apr. 1, 1906
1,
"
1, 1919
4b, A&O, 150,000r... Apr. 1,1926
1, 1920 48, A&O,
200.000r ... Apr. 1 1927
1, 1921
48, A&O, lOO.OOOr.
Apr. 1, 1907
1, 1922 4s, A&O, 150,000r... Apr. 1,1927
1, 1923
is, A&O, lOO.OOOr... Apr. 1,1906
1, 1924
4s, A&O, 200,000r .Apr. 1, 1907

5b, J&D, $100,000r...Dec.
48, A&O, 250,000r...Apr.
4s, A&O, 100,000r...Apr.
4s, A&O, 150,000r...Apr.
48, A&O, 200,000r...Apr,
4s, A&O,
30,000r
Apr.
48, A&O,
70,000r .Apr.
4B, A&O, 150,000r. ..Apr.
4s, A&O,
50,000r. ..Apr.
48. A&O,
50,000r. .Apr.
4«, A&O, 200,OOOr...Am\
4s, A&O,
75,000r.. Apr.
4s, A&O, 3OO,OO0r...Apr.
4s, A&O, 350.000r...Apr.
4s, J&J,
25,000r...Jan.

,

.

,

.

.

.

1925 4s, J&J, lOO.OOOr... Jan. 1, 1909
1926 S>28, J&J, 50,000r.... July 1,1909
1927 3*2S,A&0, 45,000r...Apr. 1, 1911
1928 3ias,A&0, 25,000r...Oct. 1, 1911
1929 3is8,J&J. 80.000r...July 1, 1912
3ifl8,J&D,700,000r....June l',1929 3*28. A&O, 18,000r... Apr. 1, 1912
3*as,J&D. 250,000r. .June 1, 1930 34B.J&J, 29,000r...July 1, 1912
S>28, A&O,150,000r...Apr. 1, 1931 3i2S,A&0. 28,O00r...Apr. 1,1914
3*28, J&J, 35.000r...July 1, 1931
Hospital Bonds—
3^8, J&J, 75,O00r...July 1, 1932 3»ae.A&O,$6O,000r...Apr. 1, 1909
3^8, A&O, 50.000r...Apr. 1, 1932 3ia8, J&D, 1 0,000 r.. June 1, 1910
3^8, A&O, 50,000r...Oct. 1, 1932 3i«8. A&O. 300,000 r.. Oct. 1, 1912
3i23, J&J, lOO.OOOr. .Jan. 1 1933
Funded Park Loan—
3i2S,A&0, 25,000r. .. Oft. 1, 1933 3128, J&J,
$8, 500r.July 1,1932
3»2S, J&J,125,000r. Jan. 1, 1934 4s,
A&O, 250,000r Apr. 1, 1938
3*28,'04,J&J,80.000r.July 1, 1934 3vs,'05.A&O, 56,300. Oct. 1, 1915
3*28, 05.A&O, 15.000 Apr. 1, 1935
Funded Suvver Loans—
3ks,'05.A&O, 40,000 Apr.;l, 1915 4s, J&J, $145,000r ...Tan, 1, 1906
Strkkt Pavii^g Loans—'
4s, J&J,
75,f00r...Jan.
1908
3V 8 '04, A&O, $31,000r.Apr.l,'14 4s, J&J. 75,000r... Tan. 1,
1, 1910
School Loans —
4s, J&J,
80,000r...Jan. 1, 1912
4b,
A&O, $175,000r.Apr. 1, 190K 4s, J&J, lOO.OOOr... Jan. 1,
1916
4s,
A&O, 100,OOOr.Apr. 1, 1907 4s, J&J, 20O,000r...Jau. 1, 1927
AAO, 40,OOOr.Apr. 1, 1917 4s, J&J, 300,000r ..July 1,1928
4»,
48,
J&J, 160.000r.July 1, 1908 3128.J&J, 170,000r...July 1, 1929
"
3>2S, A&O,
tf.;,0o0r. Apr. 1, 1909 3Hs, A&O, 20,000r...Apr. 1 1020
3^8, J&J, 177,000r July 1, 1910 3i«8,A&o;200,000r...Api'. 1. 1930
312s, J&.)
3O,0O0r Jan. 1, 1920 3>28,A&O,100,000r... Apr. 1. 1931
3^8, A&O,
2O,00Or.Apr. 1, 1921 S^s.A&O lOO.OOOr... Apr. 1, 1931
3*28, A&O,
2.->,000r Apr. 1, 1911 3*28,A&0, 30,000 r... Apr. 1,1932
3128, J&J,
Oft.OOOr. July 1, 1921 3^8, J&J, 60,000r...july 1, 1932
3*28, J&J
7.r.,000r July 1, 1922
3^28, J&J, 3*,000r... July 1, 1912
Fikk Bonds —
3«as,A&O,57.000r. ..April 1,1913
3iss;05,A&O,$2G,000..Ai)r.l,1915 34)8, A&O,35,000r .April 1,1933
3^8, '05, A&O, 30,000. ..Apr. 1,'3.">
3"2S, '05, A&O,30,00O..A; r.1,1935
1,
1,
1,
1,
_
1,

.

.

,

.

.

i

A. Brown;, Treas

Assets,
Assets,
Assets,
Assets,

cash
land
buildings

personal

$29,008
505,000
1,151,000
162,500

Total assets
$1,847,508
Asses'd valuat'n 1904 260,342,735
Population 1900.....
346,958
Population 1905
361,844

ADDITIONAL STATEMENTS.

J&D, 2.000.... June, 1906 '09
Municipal debt
$183,300
Water debt
19,700
Sewer debt
4 C>,720
Tot.b'ndedd'btJan. 1,'05 248.720
Borrow'g cap'ty Jan. 1, '05.57,640
3*«8,
7,000
1909 Assessed val., real.
,
8,824,337
3»«8, .... ,20,000
1912 Assessed val..per'l ...
2,014,02?.
48,
1906-1912 Tax valuation 1904... $10,838,359
,17,500
Water Debt—
Assessment same as actual value.
4s, J&D.
$1,000. June, 1906-'07 Tax rate (per $1,000) 1904.$1960
shvvek Debt—
Population in 1905
14,401
4s, A&O,
$8,000.... Aug. 1, 1906 Population in 1900 was
14,254
($2,000 due y'rly) to Aug. 1, 1909
INTEREST is payable in Wbburu
1,000
2,000

This city

$4,448,500

sufficient with accumulations
of interest on sinking fuud investments to retire entire debt at maturity.
In 1904 $419,903 was paid into sinking funds. The water sinking fund on Oct.l, 1905. amounted to $1,437,462. The floating debt

Mayor.

McCOLGAN, Auditor.
Incorporated May 18, 1888.
Sewer DEBT-(Con.)—

July, 1906
M&N,
Nov., 190-5
J&D,
2,000... Dec., 1*05 '06
J&J,
1,500.. July, 1906-'08
J&J,
10,000.. July, 190P-' 10
3!2B,A&0, 24,000.... Oct.l,'l6-'ll

W

$5,649,042

The sinking fund receives yearly a sum

J.

When Due.
General Municipal Loans.
4s, J&D,
$4,000. .Dec, 1905-'08
48,
4s,
4s,
4s,
48,
4s,

$4,013,500

$5,668,181

.

WOBURN.This city

above)

$5,373,697

CITY PROPERTY.—The

in Middlesex County.
When Due.

6,000 Oct. 1, '30-31
1903.
I
3Hs,'00,J&D, 4,000. Dec. 1, '0609
4,000 Dec. 1, '06-08
3^8. J&D,
l.ouo Dec-. 1. 1907
1900,
10,000. Deo. 1, 1909
3*2e,'05,A&O, 15,000. O^t.1,'06-20

Etc,

Oct.l,\f05 A.pr.1,1905. Feb. 1,1904. Ftb.

(inc.

Total valuation 1904.. $2,999,663
Assessed valuation 85% actual val.
Total tax (per$l,000) 1905.$18-80
5,013
Population in 1900 was
4,424
Population in 1905

Water Bonds— Con.—
...$5,000....1914tol916
3^8,
Playground Bonds—
4s, J&D. $62,500. .Dec 1, '15 to '24 3*23, J&D, 10,000.. ..Deo.1909-10
3!2S,M&N, 12.000.Nov.l,1929-'30
School Loans—
Stable Bonds—
3*28, A&O. 5 $96,000. Oct. 1, '06-29

LOANS-

TOTAL DEBT, SINKING FUNDS,

In the table below we .give statements regarding all towns in the
State of Massachusets which have reported an indebtedness of over
$25,000, and which are not represented among the foregoing. We add
the population aocording to the Btatu Census of 1905.
Total
Assessed
Tax
PopuDebt.
Valuation.
Rate.
Location.
lation.
Adams (T ) Berkshire Co
$64,000 $5,668,332 $1740 12,482
Adams Fire District
105,000

Agawam

Hampden Co

48,000 1,667,229
53,500
907,407
49,000 1,669/63
99,483 4,846,5^0
59,247 2,620,335
S9.735 2,537,725
26,999
705,350
....
26,556
955,400
57,125 6,407,229
25,000
681,010
50,600 1,676,250
60,000 2,921,678
Dartmouth. Bristol Co
64,500 3,209,175
21,044 2,132,843
Dracut, Middlesex Co
Duxbury (T.) Plymouth Co
41,500 1,870,490
Fairhaven (T.) Bristol Co
97,550 2.871,330
Foxborough (T.) Norfolk Co
46,000 2,057,930
Grafton (T.) Worcester Co
95.000 2,395,915
Great Barrington, Berkshire Co. 100,385 5,123,650
Great Barrington Fire District.. 134,441
Hadlev(T.) Hampshire Co
52,108 1,128,459
Harwich (T.) Barnstable Co.... 25,500 1.152,944
Hingham (T.) Plymouth Co
42,300 4,3«3,449
Hinsdale, Berkshire Co
25,500
591,257
Ho pkinton (T.) Middlesex Co.... 84,060 1,639,280
Hull, Plymouth Co
203,464 4,546,126
Ipswich (T.) Essex Co..
207,481 3,715,945
Kingston, Plymouth Co
32,000 1,416,440
Lancaster, Worcester Co
59,000 3,361,491
Leicester. Worcester Co
54,692 2,''87,350
Lenox, Berkshire Co
70,000 4,719,345
K1.000 2,285,145
Lincoln (T.) Middlesex Co
Long Meadow (T.) Hampden Co. 50.860 1,215,172
Mansfield, Bristol Co
93,080 2,542,034
Marshlleld (T.) Plymouth Co.... 27,000 1,652,750
Maynard (T.) Middlesex Co
125,000 3,524,665
Mil'lbury. Worcester Co
41,23* 2,261,715
642,000
Millers Falls Water District
45,000
716,985
Millis, Norfolk Co
29,650
54,000 3,868,663
Montague (T.) Franklin Co
165,000 4,453,236
North Audover, Essex Co
North Brookfield, Worcester Co. 77,955 1,605,340
Northfl eld, Franklin Co
43,000 1,282,831
79,499 3,257,919
Palmer (T.) Hampden Co
42,587 85,530,71 5
PlymoutkOo
Provincetown (T.) Barnstable Co 73,662 1,938,020
^5,600
704,183
Rutland, Worcester Co
104,200 3,500,835
Scituate, Plymouth Co
Sharon. Norfolk Co
87,110 2,013,978
South Hadley, Hampshire Co.... 68,529 2,529,394
293,984 3,182,312
Stough ton, Norfolk Co
26,853 1,182,60*
Sudbury (T.) Middlesex Co
Tewksbury (T.) MiddleHex Co... 48,514 1,770,146
65,<i00 2.942,405
Turners Falls Fire District
30,651 1,076,115
Upton, Worcester Co
42,500 2.540,030
Uxbridge, Worcester Co
Wavland (T.) Middlesex <o.
46,700 1,912,711
Webster (T.) Worcester Co
178,489 6,320,924
32.000 5,497,490
Weston (T.) Middlesex Co
Westport, Bristol Co
29,269 1,641,150
Willlamsb'g ('.) Hampshire Co. 50,000
837,696
113,242 2,982,810
Winchendon. Worcester Co
Yarmouth (T.) Barnstable Co... 28,200 1.816,000

Avon

(T.)

Norfolk Co
Ayer(T.» Middlesex Co
Barnstable, Barnstable Co
Blackstone, Worcester Co
Bourne, Barnstable Co
Buckland, Franklin Co
Chatham (T.) Barnstable Co
Cohasset, Norfolk Co
Conway (T.) Franklin Co
Cottage City, Dukes Co
Dalton Fire District
(T.)

T.— Town.

*

Population for 1900.

13-00
19-60
16-00

1270
18-70
12-40
21-00
14-00

1000
19-00
l?-50

2,7.95

*1,741
2,386
4,336
5,781

U.657
*l,44fi

1,634
2,727
1,340
*1,100

None
14-40
14-00

1400
17'00
16 60

1650
1350
500
16 50
17-00

1560
21-00

1900
1950
12-00
16-50
11-75
15-00

1700
9-00
13-50
19-00

1550
15-30
20-50
4-00
17-00
16-70

1600
1340
13-30
17-00

19 00
19-50
15-00

16 00
21-00
19-00
13-50
19 80
1-50

1700
16-40

14 40
12-00
8-50
17-20
17-75

VHOO
14-50

3,793
3.534
2,028
4,236
3,364
5,052
6,152
*l,78i»

*2.334
4,819
*1,485
2.585
*1,703
5.130
2,205
2,438
3,414
"2,942
1,122

964
4,247
1,763
5,811
-4,460
*l,053
7,015
"4,243
*4,587
2,017
7,755

127.905
4,340
1,715
2,595
*2,060
5,054
5.9M)
*1,150
4,411

2,024
3.876
2,216
9,9*4
2,091
2,867
1,91,3

5,922
1,422

—

:

RHODE ISLAND-DEBT OF STATE.

[NOV., 1905.]

Island
STATE OF

BRISTOL.— Geo.

DEBT, RESOURCES, ETC.

...

This town

One

of Original Thirteen

Total area of State (square miles)
State Capital

1,250

Providence
Governor (term exp. first Tues. Jan., 1906) - George H. Utter
Sec. of State (term exp. first Tues. Jan., 1906), Chas. P. Bennett
Treasurer (term expires first Tues. Jan. ,1906), Walter A. Read
As the result of an amendment to the Constitution which
was adopted at the election held in November, 1900, the
legislature now meets annually the first Tuesday in January.
There is no limit as to the length of session other than that
compensation of the legislators is limited to sixty days
attendance in any calendar year.
,

-

HISTORY OF DEBT.— For

a brief history of the Rhode Island
of April 13, 1895. page 33.
The bonds outstanding at present are described as follows [$950,000
authorized at election held Nov. 7, 1905 ]

State and Citt Supplement

:

LOANS—

—

Interest
Principal.
^
Rate. Payable.
When Due. Outstand'g.
3*2g.J & J
Jan. 1, 1914 $400,000
3 lag. J
Jan. 1, 1924
J
400,000
3iag.J & J
Jan. 1, 1934
400,000
3g.
O July 15, 1938
800,000
3g.
May 1,1941
700,000
-

NAME AND PURPOSE.

,

,

8tateHouseloan,1894
1894
&
do
do
do
1894
do
do
1898
do
do
1901
do
Sinking fund note due Industrial Trust Co
10,000
PAR VALUE OF BONDS.—The bonds are for $1,000 each.
TAX FREE.—Bonds of the State House loan are tax exempt.
INTEREST is payable in Providenoe at the Rhode Island Hospital

A&

M&N

Trust Company.

TOTAL 1—
DEBT, SINKING FUNDS Etc-

January
1905.
Total funded debt.... $2,710,000
BinMngfunds

317,136

19C4.
1903.
$2,978,000 $2,978,000
502.0&4
444,452

1902.

$2,978,000
389,436

Net debt
$2,392,864 $2,475,936 $2,533,548 $2,588,564
The State had also on Jan. 1, 1905, a floating debt of $200,000.
The sinking fund is largely invested in city, town and district
bonds and notes, and it is to receive $41,000 yearly.

TAX VALUATION.—The

Rhode Island
673

;

in

assessed valuation of real estate in
personal property, $91,96 2,Tax rate (per $1,000) In 1904 was $1-80. .

1905 was $352,181,393

total $444,144,066.

POPULATION OF STATE.-

1905
1900
1890
1880
1870

480,082
428.556
345,508
276,531
217,353

1860
1850
1840
1830

174,620
147.545
108,830
97,210

1820
1810
1800
1790

83,059
77.031
69,122
68,825

STATE AND MUNICIPAL INDEBTEDNESS LIMITATIONS.-

Under Section 13, Article IV., of the State Constitution, the General
Assembly has no power to incur State debt to an amount exceeding
$50,000 without the consent of the people, except in time of war or
Of insurrection or invasion. In no case is the Assembly to pledge the
faith of the State for the payment of obligations of others without the
approval of the people. In reference to city debts, there is nothing in
the Constitution of Rhode Island limiting the amount of such obligations.
The following, however, are two sections taken from Title 7, Chapter
36 (page 157) of the Revised Statutes of the State of 1896. Since 1878
these provisions have been in force, and consequently 3 per cent of the
taxable property has been the limit of the power of each town (which
Includes city) to create debt.
Section 20. " The outstanding notes, bonds and contracts of towns
shall be paid and be fulfilled according to the tenor thereof, and all
public -worKs now authorized to be prosecuted shall be prosecuted, and
all indebtedness now authorized to be incurred on account thereof may
be incurred according to the tenor of the authority therefor.
Section 21. No town shall, without special statutory authority
therefor, incur any debt in excess of three per centum of the taxable
property of such town, including the indebtedness of such town on
the tenth day of April, one thousand eight hundred seventy-eight, but
the giving of a new note or bond, for a pre-existing debt, or for
money borrowed and applied to the payment of such pre-existing debt,
is excepted from the provisions of this section, and the amount
of any
sinking fund shall be deducted in computing such indebtedness."

SAVINGS BANK INVESTMENTS AND RESTRICTIONS.-In

the Revised Statutes of Rhode Island (which were revised in 1896)
Sections 54, 55, 56, etc., of Chapter 178, Title 19 (on page 548), will be
found the provisions of law with reference to Savings Bank Investments. Section 54, which recites in detail the stocks, bonds, etc, these
institutions are allowed to put their money in is as follows
Section 54. Institutions for savings shall invest their receipts—
n VUDllc stocks or bonds of any State or of the United States,
)l\ J
T
any banlr stock or in notes or bonds of any town or city,
)i\ X
notes 0:f ar, y school distriot or Are district in any New Enga cV

m
m

Or

«

in such corporate stocks or

bonds as they may deem safe and
Or they may discount notes, bonds or drafts of individuals or corpo
n
two other responsible endorsers, sureties or guarantors,
£v J? *i'
(b) or tiie notes, bonds or drafts of individuals or
corporations
by the public notes, stocks or bonds of any State of the Unitedsecured
States.
or of any town or city or of any school district or Are district in any
New England State, or by the stock or bonds of any corporation whicb
may be deemed to be safe, or by mortgage on real estate.
Concerning Sections 55 and 56, the first appears to give savings
institutions quite extensive powers as to making and keeping deposits
(4)

and Towns

IN

ITS

Admitted as a State

[
3 •j

Cities, Counties

Rhode

State of

State debt see

9

.

(5)

HIIODJB ISLAND.
Peck, Treasurer.

II.

the capital of Bristol County. Incorporated 1746.
When due. Sinking fund
$283
LOANS—
Tax valuation, real
4.8F6.800
Sewer Bonds—
3%s, g..MAS,$55,000.Sept. 1, 1930 Tax valuation, personal 1,031,200
.1932 Total valuation 1905. . 5,888,000
4s,
MAS, 40,000 c
Assessment about actual value.
Refunding Bonds—
S^s, M&S, $100,000. Sept. 1, 1930 Town tax (per $1,000) 1 905.$13'50
Bonded debt S<-pt. 1,'05. 195,000 Population in 1905
7,512
Floating debt and notes
4,050 Population in 1900 was
6,901
Bristol,
R.
I.;
on
bonds in Providence.
INTEREST ou notes is paidin
is

.

BURRILLVILLE.— Francis
This

town

Fagan,

Treas.

Incorporated 1806.

situated in Providence County.

is

Refunding Bonds—
When Due.
LOANS—
Funding Bonds—
3*98, g., F&A, $40,000 C.Aug. 1, '42
3*2S, g..., $60,000 c. Sept. 1,1939 Total debt April, 1905.. $150,000

Hiohway Imp. Bonds—

Total valuation 1904
4,052,150
J&J, $50,000 g.Jan. 1, 1907 Tax rate (per $1,000) 1904.$1000
(Part due every Ave years) to 1922 Population in 1905...
7,425
Interest at Ind.Tr. Co., Providence. Population in 1900 was
6,317
4s, g.,

a r t o
A.l_iJLO.

J AS. E. LOVELACE, Auditor,
\C. A. REYNOLDS. Treasurer.
This city.incorporated in 1895,assumedthedel>tof the old fire district
(which is now a part of the city) and a part of the debt of the town of
Lincoln.
Property consisting of land, buildings, water sewer equipment, etc., to the value of $678,525 is owned by tho city.
Central Falls is in Providence County.

/-"trMT-iD
at
O-tiilN
JrtAl-,
1

-cr

r

LOANS—

—

5

Bridge Bonds—

When Due

Fire District Bonds—

4s, *04,

F& A,$100,00Cc. Aug.'21-S0

Bonded debt Apr. 1, '05.. $457,970

4ias,g.,M<feN,$56,000Mayl5,'06-19

Town of Lincoln Bonds—

Floating debt
48,00»
Jan. 1906-16 Tax valuation, real
7,199,465
$37,290
48.J&JJ 37,290
July 1906-16 Tax valuation, person'L. 1,498,200
City Bonds—
Total valuation 1904
8,697,665
15-CiD
4s, J&D, $170,000g.Dec. 1 ,*05 to '21 Tax rata (perM.) 1905
.... 19,446
48, J&D, g., $50,000. Deo. l,'22-*26 Population in 1905
Population 1900 was
18,167
INTEREST Is paid at Industrial Trust Company of Providenoe.
1

CRANSTON.—
D. D. Waterman, Clerk.
town
Providence County. Incorporated
This

is

1754.

in

LOANS—

When Due. Total debt Apr.

Gold Bonds—

17.

1905.$835,C00

Sinking and other funds. . 201,933
4a, g, $150,000, g
1922 Net debt Apr. 17, 1905 .. 633,067
4s, g, 100,000, g. . .Aug. 15, 1925 Assessed valuat'n.real 12,248,66^5
4s,g,F&A$135,000,g.Aug. 1. 1929 Assessed valuat'n, pers. 1,562,265
4s, J&J
150,000, g.. July 1,1937 Total valuation 1904.. .13,810,931
50,000.... Nov. 1, 1939 Tax rate (per $1,000) 1904. .12-5)
4s, M&N,
13,34-'<
4s. g., '05, J&J, $50,000. Jan. 1, '45 Population in 1900 was
Bonded debt Apr. 17, '05 $635,000 Population in 1905
17,570
Floating debt
200,000
.

David S. KAY,Tre»:<.
EAST
PROVIDENCE,—
Providence County. Incorporated 1862.
town
This

is

in

LOANS—

Bonded debt May, 1905. .$315,000

WhenDtie.

Town

(Coupon)
M&S, $65,000

Town notes

Bonds—

(additional) .

170,000

Total debt May, 1905.... 485,00>
Sinkingfirnd
Gold Bonds (cou.), 1893—
14,136
4s, g., J&J, $25,000... July 1, 1923 Assessed valuation, real. 8,478,1 I
A Bsessed valuai'n. pers'l 966 375
4s, g., J&J, 60.000.. .July 1,1933
4s, g., J&J, 60,000. .July 1, 1943 Total valuation 1904
9,444,568
Gold Funding Bonds—
Tax rate (per $1,000) 1904..$14'0©
.1922 Population in 1900 was
12,138
An
„ J&D,
TAB „c.&r.
J-r. * $50,0000 .
4s, g,
"5 0)(,o0r
13.750
1947 Population in 1905
j
INTEREST on coupon bonds is payable at the Rhode Island Hospital Trust Co., Providence.
4s,

1906-1918

.

. . .

East Providence Firs District.

—

Providence co-ty,

The water-works system of this district has been purchased by the
East Providence Water Company, subject to the outstanding debt c

>:

the district.

LOANS—

When Due. 4is8,g.,J&J,$50,000,g.July 1,1922
J&J,$15,000,g. July 1, 1907 4^s,g., J&J, 100,000,g.J'ly 1,1933
4!2S,g.,J&J, 35,000,g.July 1, 1917 Bond, debt Oct. 1,1905 $200,00 1>
INTEREST is paid by the Industrial Trust Co. , Providence, R. I,
j

4ia8,g.,

'

JOHNSTON.—
Herbert
This town

C.

Oalep, Treasurer.

Providence County, and was incorporated March 3,
1759.
1, 1898, a portion of this town, representing aboui;
five-sevenths of the assessed valuation, was annexed to the city of
Providence. The commission appointed to apportion the debt to &
assumed by the city of Providence reported that the city's share of th9
net debt is $255,720-64, leaving $101,677-48 as the town debt remaining. Bonds Nos. 1 to 100 and 151 to 191 (all inclusive) remain as an
obligation of the town of Johnston, and interest win be paid, when due,
by the Union Trust Co. as usual. The bonds given below are those jremaining as an obligation of tbe town after division.
Wlien Due. Si nkiug fund
LOANS—
. .
$73,828
Gen. Imp. & Road Bonds.— Gold. Net debt Apr. 1.IS05... 131.62S
4s, g., F&A, $50,000g.Feb. 1, 1907 Total valuation 1904
3,518,225
4s, g., F&A, 50,000g.Feb. 1, 1912 Assessment about. U actual valuo,
48, g., F&A, 41, 000s -Feb. 1, 1917 Town tax (per $1,000) '1-4.. $18-00
Bonded debt Apr. 1, '05.. $141,000 Population in 1905
4,55 D
Floating debt.
69,452 Population in 1900 was
4,30
Total debt Apr. 1, 1905
210,432
INTEREST is payable by the Union Trust Company, Providenco
is in

On June

>

:

>

.

<.

in commercial banks.

When so kept, however, they are to be kept
"payable on demand whether drawing interest or not." The two

sections are subjoined.
Section 5.5.—No suck institution shall have an amount exceeding
one-half of its receipts invested in notes, bonds or drafts of individuals
or corporations, unless secured by some public notes, bonds or stocks
as
aforesaid, or by mortgage on real estate: but the preceding section shall
not be so construed as to forbid any such institution from placing and
holding on deposit in any bank such reasonable amount of their receipts as is customary and they may deem proper, payable on demand,
whether drawing interest or not.
Section 56.—No money shall be loaned by any institution for savings to any trustee, director or other officer of such institution.
For the other provisions of the law as they now arc we would refer
our readers to the Revised Statutes of 1896.
_

LINCOLN.— Charles
This town

is

Walmslet, Treasurer

in Providence County.

Incorporated 1871.
Assessed valuat'n, real.. 3,688,771
43, g. A&O, $125,000. Oct. 15, '28 Assessed valuat'3a,per'l.$l,028,350
Bonded debt May 1,1905.$162,()30 Total valuation 1904.. . 4,717,121
Floating debt
65,950 Tax rate (perM.) 1905
$£1
Total debt May 1, 1905. 227,9«0 Population in 1900 was
3,937
Sinking fund and cash
32,s«0 Population in 1905
9,222
INTEREST payable at Industrial Trust Co., Providence

LOANS—

When Due.

NARRAGANSETT.-Jas.
This town,

located in Washington County,
town in June, 1901
LOANS—
When Due. Total debt

Genekal Bonds—

4s, g,

Improvement Bondsg.M&N, $100,OOOc. May

Is,

Bonded debt May
Floating debt

1,

New

'05

May 1, 1S05.. $170,945
has no w^ter debt.
Tax valuation, real
3,507,50"
Town

JADis, £CO.SO0 c

Interest payable in

F. Cross, Treaa,
was incorporated as

.

1929

Tax
1,

'19

York.

$160,800
16,115

valuation, peri nal, 193,7150
Total valuation 1905
3,701,25 !)
Total tax (per $1,000) 1905..$:'
Population in 19 00 was
1,40
i

I

Population in

1

905

,..1,469-

c
o

:

RHODE ISLAND-CITIES AND TOWNS.

36

NEWPORT.-John
M. Taylor, Treas
1784.
Newport County and was incorporated
Newport

Title

«'er.

is

City Hall

&

sewer Bonds—

vrnenDue.

Nov. 1, 1916
4s, M&N,$35,000
Feb. 1, 1918
4s, F&A, 98.000
Sewer and Street Lmprovem't.
$70,000.. Apr. 15, 1921
4s, A&O,
4s, g., F&A, 50,000.. Aug. 1, 1929
REB'DNDING NOTK6 —

Bonds—

Imp.

4s,g.,M&N, $153.000.Mav 15, 1948
50,000..Jiily 25, '15
50,000.. July 25,'30
18,000..July 25, *30

3*28, g., J&J,
3^28, g., J&J,
4s, g.. J&J,

Industrial Sch. and consol.—

M&N, $146,000.. May 15,
M&N, 15,0u0 Nov. 15,
Pabk Bonds—

4s,

3*flS,g.,

4s,'04,M'cS,$!20,000.Sepl5,'06-09
Bond, debt Oct. 1, '05.. $1,047,000
242,930
Sinking fund

'23
'30

F&A $40,000.. Feb. 15 1927 NetdobtO 1. 1, 1905... 804.070
Assessed valu'n, real ..35,250,000
Public Improvements—
4s, M&N, $100,000 g.May 1, 1925 Assessed valu'n, pers'l. 17,200 000
4s,g.,

i

Total valuation 1905...52.4&0.000
Assessment abt. 90% actual value.
Tax rate (per $1,000) 1905.. 12-00

School House—

Deo. 1, 190S
4s, J&D, $16,000
July 15,1909
4a, J&J,
16,000
40,000 g... Jan. 1. 1928
4s, J&J,
3i«s, '04, J&D, 150.000.June 1,'S4

22,034
Population 1900 was
25,039
Population 1905
except on the industrial School
INTEREST is payable at Newport,
Loan, which is payable at the Bay State Trust Co., Boston.
valued by tax assessCITY PROPERTY —The city owns real estate
Limit of indebtedness, 3
ors at $488,022; other' property, $183,393.
per cent of valuation.
-

NORTH PROVIDENCE.—

724 Douglas Av., Geneva. This town

When Due.

LOANS—

J.

Ogden,

Treas.

in Providence Co. Inoorp 1 1765.
Assessed val'tion, per'l.
326, a 20
is

J&D1B, $50,000.. Dec. 15, 1912 Total valuation 1.904... 1,770,555
Assessment about actual value.
4s,g..'05 A&O,$65,00t> c.Opt.1 ,'35 Total tax (per $1,000) 1904.$12 00
Population
in 1905 was
3,816
Bonded debt Oct., 1905.. $115,000
Sinking fund Mar. 8,'05... 20,751 Population in 1900 was., .*. 3,016
Assessed val'tion, real.$l,443,735
4s,

Funding Bonds—

M Rex, Andltor.
PAWTUCKET.-Geo
Providence County Incorporated
Tnis oity

is

When
LOANS—
General Debt Bonds—

Street Improvement Bonds—

One.

3^8. Ai-O.r $100,000 g.Apr.

1, '39

1915
Water Bonds—
1909 4s,J&J,e&r$600,000 g.July 1, 1910
1929 4s, J&J.o 400,000 July 1,1919
1923 3^28, A&O.0 60,000 g.Apr. 1, 1930
1934 4s, J&J,c 125,000 g.July 1, 1934
1936 4s,M&N,e&rl00,000 g.May 1, 1937
1937 4.-, M&N,
100,000 g.May 1, 1929
Debt Mar. 31, 1905:
0^,000 g.TuDel, 1922
3%s..T&D,
1944
Loans,
Inside
limit
$1,615,000
490,000 g.May 1,
4?, M&N,
Sinking fund
122,323
Sewer Bonds—
inside
limit.
g.Apr.
1923
Net
debt,
1,
1 ,492,677
4s, A&O.c $400,000
40,0(10 g.Apr. 1, 1930 Loans, outside limit
3,455,000
4s, A&O.c
1,043,163
4s, J&J,c&r 175,000 g.July 1. 1934 Sinking fund
4s,M&N,c&r225,000 g.May 1, 1937 Net debt, outside limit 2,4 1 1 ,837
3,904,514
35,000 g.May 1, 1944 Total net debt
4s, M&N,
J&J.o t$150,000 g.July
4s,J&J,0 250,000... July

1,
1,
($50,000 everv 5 yrs)to.Tuly 1,
4s, A&O.c $600,000 g.Apr. 1,
300,000 g.July 1,
4s, J&J,o
4s, .T&J,c&r 300,000 g.July 1,
4s,MA:N,e&rl75,000 g.May 1,

4s,

•.;

.

.

Bridge Bonds -

Assessed valuat'n, real.31,657,540
Assessed valuat'n, per'l 6,003,840
Totjl valuation 1904.-37,601,380
School Bonds—
Assessment fair cash value
3^8, J&D. $50,0^0 g.Junel, 1922
3^s,A&0,«4r 50,000 g.Apr.l, 1939 Tax rate per $1,000) 1904.$1650
43,381
48, g., M&S,o 120,000. Mar. 1, 1929 Population 1905 was
Population 1900 (Census).. 39,231
INTEREST—Coupons are payable at Nat. Bank of Red., Boston.

M&N,

$25,000 g.May

1,

1934

I

PROVIDENCE.

(

WM.

1
(

PHILIP

REYNOLDS. Acting Mayor.
L. CLARKE. Treasurer.
S. CHASE, Auditor.
County, which has no debt. On
K.

WALTER

The city Is situated in Providence
June 1, 1898, a portion of the town of Johnston, representing about
nve-sevenths of the assessed valuation, was annexed to the oity of
Providence, and the latter was to assume $255,720 64 of the net debt
of the old

town of Johnston. City was incorporated

LOANS—

1832,
-Principal,
Due. Oulstand'g.

Interest.

Rate Payable.
When
Davis estate loan.. ..1891. c&r 4g.
July 1,
Park loan
& S Mar. 1,
1892. c&r 4g.
do
1897.. ..r 3^g.M & N May 1,
Publio improvement.1897 ...r 3»*g.M & N May 1,
do
do
1899
Miy 1,
o 3g.
Sohoolloan.
1891. c&r 4g.
July 1,
do
1895. ...r 4g.
May 1,
do
1897. c&r 4gApril 1,
do
1899. ...r 3^ag.M & N May 1,
do
1904 .. r 3»a
Nov. 1,
Fire and police loan. 1902 .r 3 J 4g.M & N Nov. ),
Sewer loan
1891. c&r 4g.
July 1,
do
1892. c&r 4g.
Mar. 1,
do
1893. c&r 4g. A & Q April 1,
do
1895. c&r 4g.
May 1,
do
1896. o*r 4g.
June 1,
do
1897. c&r 4g.
April 1,
do
1898. c&r 3>flg
April 1,
do
1899. c&r 3g.
May 1,
do
1900. c&r 3ff. M <t N May 1,
do
1901. ..r 3g.
May 1,
do
19(>3...r 8*a*
Nov. 2,
do
1904 .. r 3*
Nov. 1,
Bridge loan
1904 .. r 3*9
Nov.
Wey hosset Brdge.ln 1 899 c&r 3i«g.M & N May 1,
1,
r
Water loan
1876. c&r <g.
July 1,
do
1886. c&r 3l2gM & 8 Sept. 1,
do
1893. o&r 4g.
Apr. 1,
do
1896. ...r 4g.
June 1,
do
1897. ..r 4g.
Apr. 1,
do
1904 ... r 3i,
Nov. 1,
<te N
Refund'g water loan. 1900. c&r 3a;.
May 1,
Highway loan
1894.. ,.r 4g.
May I,
do
1897.. ..r 4g.
do
Apr. 1,
do
do
1000. c&r 3g.
May L
1902... r 3g.
do
do
Jan. 1,
Johnston annexat'n. 1899
r 3g- M & S Sept 1,

NAME AND PURPOSE.

J&J
M

.

.

M&N
J&J
M&N
A&O
M&N
J&J
MAS
M&N
J&D
A&O
.A&O
M&N
M&N
.M&N
M&N
M&N
J&J

.

.

.

.

Johnston Bonks—

School Dist. No. 15.1894...
•
do
do
1894,..
8ohool Dist. No. 1.1897..-C
1822.. .c
Town bonds,
1892.c&r
do
do

A&O
J&D
A&O
M
M&N
M&N
A&O
M&N
J&J
4s
A&O
4s
A&O
U
M&N
F&A
4s
4s
F&A

1909
$75,000
1922
500,000
1947
674,000
1937
640,000
1929
84,000
1911
300,000
1925
300,000
1927
500,000
929
350.000
1934
300,000
1932
258,000
1921 1,125,000
1922
500,000
1923
500,000
1925
800,000
1926
500,000
1927
300.000
1928
200,000
1929
250,000
1930
300,000
1931
300.000
1933
500,000
1934
200,000
1934
200.000
1929
270,000
1906
750,000
1916
483,000
1923
817.000
1926
200,000
1927
250,000
1907
160,000
1930 2,666,000
1924 1,200.000
1927
500,000
1930
300.000
1912
150,000
1939
166,000
3

1909
25,000
1924
30,000
Nov. 1, 1927
17,000
Foli. 1, 1912
50,000
Feb. 1. 1917
59.000
DENOMINATIONS OF BONDS.—The coupon bonds are for $1,000
the registered bonds for $1,000 aud multiples of the same. All coupon
bonds are transferable into registered bonds at theoption of the holder.
INTEREST on the bonds is payable as follows:
Title of Loan
Interest, where payable.
Davis estate loan, due 1909
N. Y., Nat. City Bank, and' Prov.
Park loan
N. Y., Nat. City Bank, and Prov.
Public improvement loans
Providence, City Treasury, and >i. Y.
School loan, due 1911 andl927...N. V., Nat. City Bank, and Prov.
do
due 1925, '29 & '34 Providence, City Treasury.
Fire and police loan
do
do
Bewerbonds
N. Y., Nat. City Bank, and Prov
do
'33
due 1931,
& '34, Provldeu e City Treasury.
.

.

Oct,
Oct,

1,
1,

of loan

[Vol. lxxxi.
Interett,

where pi y able,.

New York, Nat. City Bank, & Prov.
Providence, City Treasury.
New York, Nat. City Bank & Prov.

do
do
do
do
do 4s&3s,due 1923, '27 and '30
Providence, City Treasury.
do 4s, due 1926
Highway, due 1912. 1924 & 1927.
do
do
N. Y., Nat. City Bank, and Prov.
Highway, 3s, due 1930
Providence, City Treasurer.
Bridge, due 1934
Industrial Trust Co., Providence.
Johnston school bonds
Union Trust Co., Providence.
Johnston town bonds
Providence, City Treasury.
Johnston annexation bonds
TOTAL DEBT, SINKING FUNDS, ETC.-Tne subjoined statement
shows the total municipal debt and the floating debt, the sinking fund
and the water debt, on the dates given.
Oct. 1, 1905. Oct. 1, 1904. Apr. 1, 1904.
Bonded debt (tncl. water debt).$17,749,000 $17,237,000 $17,729,000
994,834
627,113
Floating debt
660,188
Total debt
Sinking funds, etc.

(list

$18,409,188
5,007,158

below).

$18,231,834
4,759,128

$18,35P,113
4,fr 44,255

Netdebt
$13,402,030 $13,472,706 $13,511,858
$6,599,000
Water debt (included above)... $5,326,000 $5,647,000
The notes representing the floating debt on Oct. 1, 1905, were issued
for and are chargeable to the following accounts
$100,000 00
Sewer construction
Casino
Blackstone Park
Receiving tomb, North Burial Ground
Neutaconlianut Hill Park
Abolishing grade crossings
School Houses and Lots, Loan Account
Sate tax

6,403 16
51,000 00
23,000 00
32,500 00
80,000 00
140,0(

Department, Loan Atoount

Fire

1

187,18526
35,000 00
5,100 00

„

Miscellaneous

$660,188 42
sinking funds must be invested in bonds or
notes of the city of Providence or in the following classes of bonds,
viz.:
United States, any of the New England States, any oity in the
State of Rhode Island; Boston, Worcester, Cambridge, Springfield and
Fall River, Mass.; New York, Albany, Rochester, Buffalo, New Haven,
Hartford, Chicago, Detroit, Minneapolis, St. Paul and Baltimore.
The bonds of each of said cities shall be lawful investment of said
sinking fund only so long as its indebtedness, less its wat'T debt and
sinking fund, shall not exceed 7 per cent of its assessed valuation.
The loans for the redemption of which sinking funds are held by the
commissioners, and the amounts of the sinking funds Out. 1, 1905,
are shown by the following table
$11,704 04
Public-improvement loan, due in 1929
74,982 64
Publio improvement loan due in 1937
924,422 82
Water loan, due in 1906
Total

1886.

in

&

5s,dnel906
3*38, due 1907
3ias. due 1916

Water 3s

in

in

LOANS—

4s,

:

SINKING FUNDS.— All

Wat^rloan, due in 1907
Water loan, due in 19 16
Water loan, due in 1923
Water loan, due in 1926
Water loan, due in 1927
Water loan, due in 1930
Davis estate loan, due in 1909
Sohoolloan, due in 1911
School loan, due in 1925
School loan, due in 1927
School loan, due in 1929
School loan, due in 1934
Sewer loan, due in 1921
Sewer loan, due in 1922
Sewer loan, due in 1923
Sewer loan, due in 1925
Sewer loan, due in 1926
Sewer loan, due in 1927
Sewer loan, due in 1928
Sewer loan, due In 1929
Sewer loan, due in 1930
Sewer loan, due in 1931
Sewer loan, due In 1933
Sewer loan, due in U34
Park loan, due in 1922
...
Park loan, due in 1947
Highway loan, due in 1924
Highway loan, due in 1927
Highway loan, due in 1930
Hlgn way loan, due in 1912
Weybosset Bridge loan, due in 1929...
Bridge loan, due in 1934...
Fire and potion loan, due in 1932
Johnston Annexation loan, due 1939
Johnston School District No. 15, loan due in 1909
Johnston School District No. 15, loan due in 1924
Johnston School District No. 1, loan due in 1927
Johnston loan due in 1912 and 1917
Sinking fund for redemption of oity debt

124,894 74
7?,78( 86
35,118 41
41,604 00
3,647 41
55,073 55
242,348 18
120,076 38
183,999 06
82,839 63
6,"28 82
464.959 40
231,025 05
18»,v24 14
309,108 07
19 .344 24
107,667 05
47,367 11
33,11 4 57
32,236 05
2\540 35
20,527 82
4.019 21
226,822 01

-

'

52,

1

40 93

534,479 51
189.372 84
32,8f'6

41,028
63,961
4.019
16,306
14,71^
14,702
7,019
3,596
3*,041
133,829

70
86
81
11
62

57
52
65
70
09
66

$5,007,158 18
1, 1905
water-works construction account to Oct.
In year 1904-05 income from
1, 1905, amounted to $7,071,283 41.
water rents, etc., was $717,574 71; cost of maintenance and Interest
on water loans, $59 1 ,673 98; surplus, $125,900 73. The total value of
city property in 1905 was $14,464,005 62 and of trust funds
$496,447 43.
been as
ASSESSED VALUATION.—The valuation and tax rate have
:"
follows, real estate being assessed at " full fair cash value
Tax per
Amount
Assessed Valuation
Total
Personal
Years.
Real
$1,000.
of Tax.
1905 $166,877,600 $55,^14,340 $222,391,940 $1650
16-50
1901 164,632,920 43,350,700
207.983,620
3,431,729 73
200.C6H,, 40
1650 3,311,030 91
43,241,080
1903. 157.42,460
161,140
00
43
197,873,00'
1600
3,165,968
1^4,711,860
1902.
192,117,240
1600 3,073,875 84
1900. 149,094,840 43,022,400
40,351,000
169,789,060
1600 2,716,552 96
1895. 129,438,060
35,932,620
1500 2,109,255 90
140,017,060
1890. 104,684,440
13-50 1,564,933 50
27,908,900
115,921,000
88,012,100
1880.
40,565,100
1350 1,250,538 15
93,070,900
1870. 52,511,800
21,042,000
325,538 80
58,131,800
560
1860. 37,089,800
The tax rate in 1901 included State tax of $1-55 and city tax $14-95.
POPULATION— in 1905 was 198.^35; in 1900 it was' 175,597; in
1890 it was 132,146 in 1880 it was 104.856.
Total sinking funds Oct.

WATER WORKS.—The

.

,

;

KINGSTOWN.—
J. A. Allen, Treas.
SOUTH
Washington
town
This

is

County.

in

Incorporated Feb, 26. 17^2.

LOANS-

Whcn Due. Tax valuation, real
$3,161,040
Improvement Bonds—
Tax valuation, personal. 2, 36,380
5,297,420
4s, J&D, $95,000 r..Deo. 15, 1905 Total valuation 1005.
1

.

(part due yearly) to Deo. 15, 1921 Assessment is 7-10 actual value.
Bond, debt 0< t. 1, 1905 .. $9 1,000 Total tax (|km$1,000) 19j5..$h-00
Floating debt
24,899 Population in 1905
5,224
118,-199 Population in 1900 was
-4,972
Total d<0)t Oct. 1,1905.
The above bonds become duo yearly In amounts of $5,000 and $6,000
alternately. On December 15, 1905, $6,000 will be taken up.
INTEREST Is payable by the ithodo Island Hospital Trust Company
.

and at the Town Treasurer's

office.

—

—

7

;

CONNECTICUT-DEBT OF STATE.

Not., 1905. J

WARREN.
towa

Charles W. Greene,

•

J. B. Allen,
WARWICK.—
Kent
town
This

is

Town

Treasurer.

County.

in

When Dm. Assesssed val'n, real $12,768,216
J&J, $400,000. Jan. 1, 1932 Assessed valu'n, per'l 6.036,536
B->nd debt Oct. 1, 1905. .$100,000 Total valuation 1904. 18,^04. "5
300,000 Tax rate (per $1,000) 1904. *750
Floatmer debt
Total debt Oot. 1.1905 .. 700,000 Populationin 1900 was... 21,316
33,000 Populationin 1905 was. ...24,773
Siakinglund

LOANS—

3>«s, g,

!

James M. Pendleton,
WESTERLY.—
Washington
town

Treas.

County. Incorporated 1069. The town
is in
This
has extended IN water system to Watoli Hill, R. I. Ou Oct. 17, 1903,
of
assumed
the
debts
the several school distriots therein and
the town
purohased all the properties for $103,868. This accounts for the
tnorease of floating debt in 1904 over 1903.
When Due. Total debt April, 1905.. $550,342
LOANSr
Sinking fund
REFUNDING Bonds
0,000
353 .000
4s, g, J&J, $30,000 o Jan. 2, 1929 Water debt (included)
—
Tax valuation, real
Watek Loan
5,740,500
48.M&S, $200,000 r..Sept. 1, 1927 Tax valuation, person'l. .1 ,183,720
3iss, g, F&A, $73,000.\Feb.l, 1929 Total valuation 1904 ...6,924,220
$15-00
3H>s, g,*05. M&S, 80 OOO.Mar. 1,'35 Tax (per $1,000) 1905
Bond, debt A.pr., 1905... $383,000 Population in 1900 was
.7,541
Population
in
1905
167,342
Floating debt
8,381
Interest on coupon bonds is payable at United States Mortgage
Trust Co., New York.
-

. . .

&

W

\Krr\r^^l^.r^mCT7'T
CJCJINCDCJOJkVli. 1
Woonsocket is

.

—

O. PARK, Anting Mayor.
Is. p. COOK, Treasurer.
5

W.

Providence County. Incorporated 1867. Aside from
the following obligations Woonsocket endorses tlrst mortgage bonds
of the Woonsocket & Pascoag RR. to the amount of $100,000. Bonds
below ar« for $1,000 each.
When Due.
Water Bonds— (Con.)
LOANS—
Funding Bonds—
3*2S,g,M&N,$200,000 r.May 1, '31
4s, F&A, *200,000 r. Aug, 1, 1907 4s, g, M&N,
100.000 o.May 1, '23
4s, g, A&O, 315,000 r.Apr. 1, 1924 4s,g,0l,J& 0,150,000 C.June 1, '29
Refunding Water Bonds—
4s, g. M&N, 284,000 r.May 1,1927
City H»llBind84s, A&O.g., $150,000 r.Apr. 1, '19
4s, g, M&N. $100,0003.. May 1, '23 Bond, debt O -t.6, 1905. $2,352,000
School Bonds —
Floating debt
625,000
4s. g. M&N, $100 000c. May 1,'23 Tot. debt O it. 6, 1905.. 2,977,000
Sewer Bonds—
Sinking fund
318,989
4s, g, F&A, $48,000 r. Aug. 15, '21 Net debt O t. 6, 190=... 2,65^,011
Water debt (in eluded)..
4s, g, F&A, 47,000 r Feb. 15, '21
932,000
4s, g, F&A, 40,000 r Feb. 15, '25 Water sink, fund (incl.)
131,633
4s, g, F&A, 48.000 r Aug. 15, '25
Assessed val'n, real
14,4«2i 50
3'ss,g.f'\fcA,i5S8,000r..Feb.l5,'25 Assessed val'n, pers'n'l. 2,821.000
4s.g,'04 J.tD,lO0,000c.June 1, '24 Total valuation 1905 ..17,283,850
Water Bonds—
Assessment about 23 actual value.
4s, g, M&N, $92,000 r..Nov. 1, '16 Tax rate (per $1,000) 1905.$1600
'15
M&N,
4s, g,
100,000 r..May 1,
Value of city property. $2, 19 1,370
4s,g,M&N, 100,000 r.. May 1, '15 Population 1905
32,196
'11
M&N,
r..Nov.
90,000
Population 1900 (Census).. 28,204
48, g,
1,
INTEREST on coupon bonds Is payable First at Nat. Bank, Boston.
fi

ADDITIONAL STATEMENTS.
we
statements
the debt

In the table below

give
of
of sucii towns in
the State of Rhode Island haviug a debt of $25,000 and <>v er as are not
represented among the foregoing detailed returns. We add in each
case the population from the State Census of 1905.
PopulaTotal
TaluTax rate Hon in
debt.
at-ion.
^.1,000. 1905
Barrington (T), Bristol Co
$43,751 $2,777,875 $10-00
1,923
Coventry (T ) Kent Co
79.643
4,129,400
7 00
5,' 98
Cumberland (T.) Providence Co. 194,570
8,601,8:14
1000
9,378
East Greenwich (T.), Kent Co.. 52,235
2,:U9.203
9 00
3,218
Jamestown (T ), Newport Co... 85,000
9-00
2,589.633
1,337
New Shoreham (T.), Newp't Co. 162,000
895,200 15-00
1,273
North Kingstown(T.),Wash. Co. 118,000
8-50
4,409,820
4,010
North Smithneld (T.), Prov. Co. 28,272
1,970,165
9 00
2,4 6
Riohmond (T ), Wash, Co
27.201
1,218,960 10-00
1,421
Soituate (T.), Providence Co... 55,319
2,405,800 1000
3,207

T.—Town.

State of Connecticut.
ITS

-----

as a State
One of Original Thirteen
Total area of State (square miles)
5,004
State Capital
Hartford
Governor (term expires Jan. 190*)
Henry Roberts
Secretary of State (term expires Jan. 1907) - Theo. Boder'wein
Treasurer (term expires Jan. 1907)
Jamf>s F. Walsh
State Comptroller (term expires Jan. 1907) - A. W. Mitchell
Attorney General (term expires Jan. 1907) A. King
Legislature meets biennially in odd years on the Wednesday
following the first Monday in January. There is no limit on
the length of the session.

Wm.

HISTORY OF DEBT.— For a brief history of the Connecticut State
debt see State and City Supplement of April, 1895, page 30. The
oonditionof Connecticut's debt now is as follows:

LOANS

—Interest.—,

War

KalePay'le.
1865
Ceased.

loan

Principal,
Outstand'g.

.

,

When Due.

1,1885
$100
1.1910
952,000
PAR VALUE OF BONDS—The bonds are all for $1,000 or $10,000
INTEREST on aU bonis is payable in Hartford, Conn.
do

do

1885

A&O

3

Oct.
Oct.

TOTAL DEBT, Etc-

^
m
±
*.
* *
Total
furded
debt
,

Civil

..

lis „

funds

Netdebt

°

-

-

.'.99.027

$343,073

$214,595

-

Oft. 1,

value formerly about 50 per
believed to be fair value.

Tax valuation.

Tears.

$677,396,711
665,094,301
649,571,791
694,200,162
570,163,749
552,887,762
534,465,257

1903
1902
1901
1900
1899
1898
1897

Tax valuation.
$529,621,165

Years.

1896
1895
1894
1893
1892
1888

452,863,714
441,001,581
416,323,252
381,261,607
354,557,515

Under Chapter 106, as amended by Chapter 165, Laws of 1901, the
State collects the tax on every bank, national b inking association,
trust, insurance, investment and bridge oompanies whose stook is not
exempt frmn taxation, and remits the amount so collected to the various city and town treasurers. As the value of suoh stocks was previously include ! in the grand list of eaoh town, the reduction in values in 1901 followed from that cause.
1

NEW

CONSTITUTION DEFEATED.-After a
PROPOSED
Constitutional Convention ocoupying over four months, the document
drafted by that body was defeated at a popular election on June 16, '02.

DEBT LIMITATION.—The Constitution of Connecticut contains but
a single provision restricting the debt-making power. The provision is
Article 25, adopted as an amendment in 1877, and is as follows
No County, City, Town, Borough or other Municipality, shall ever
subscribe to the capital stock of any railroad corporation, orbecomethe
purchaser of the bonds, or make donation to, or loan its credit in aid of,
any such corporation but nothing herein contained shall affect the
validity of any bonds or debts incurred under existing laws, nor be construed to prohibit the General Assembly from authorizing any Town
or City to protect by additional appropiations of money or credit any
railroad debt contracted prior to the adoption of this amendment.
:

;

The foregoing is

explicit and comprehensive, covering every municiThere are no general restrictions in the Revised Statutes;
whatever restrictions have been made from time to time are contained

pality.

enabling acts and in city charters.
to towns, we notice that there is a general law granting them unlimited power to issue bonds. According to section 1931, chapter 121 of
the Revised Statutes of 1902, " when any town shall have made appro" priations or incurred debts, or shall hereafter make appropriations or
" incur debts exceeding ton thousand dollars, it may issue bonds, either
" registered cr with coupons attached, or other obligations, payable at
" suoh times and at such annual rate of interest not exceeding 6 per
" cent, payable annually or semi-annually, as it shall determine," &o.
Cities have had no such general authority oonferred upon them.
in

Exemption from Taxation has been accorded by general statute to
certain bonds issued by cities and towns to aid in the construction of
railroads; and this exemption has been extended to new bonds issued
for the purpose of redeeming or providing a fund to redeem the railroad
aid bonds above referred to. This exemption is found in Section 2315.
Chapter 144 of the Revised Statutes of 19i>2 (latter part of Section), and
the bonds there named are those "issued by any town or city in aid of the
" construction of the railroads of the Connecticut Western Railroad

" Company, the New Haven Middletown & Willimantio Railroad Com" pany, the Shepaug Valley Railroad Company, the Connecticut Valley
" Railroad Co.. the Connecticut Central Railroad Company, or either of
"them." All railroads which are in whole or in part in the State are
taxed by the State under Section 2424, Chapter 147 of the Revised
Statutes, so that the tax on these bonds is paid by the railroads.
Exemption from tax of new bonds issued to redeem orto provide a fund
to redeem the railroad aid bonds, or to redeem or to provide a fund to
redeem any reissue of the same, is conferred fully by an a«t approved
.Tune 19, 1889, and found in the Revised Statutes of 1902, Section
2315, Chapter 144.

POPULATION OF STATE.—Population has
1900
1890
1880
1870

908,420
746,258
622,700
537,454

1860
1850
1840
1830

460,147
370,792
309,978
297,675

been as follows:
1820
275,248
261,942
1810
251,002
1800
1790...
237,946

SAVINGS BANKS INVESTMENTS-PRIVILEGES AND RESTRICTIONS.— At the session in 1899 material changes were made In
the provisions regulating the investment of the deposits of the savings
banksof Connecticut, and at the sessions in 1901, in 1903 and In 1905
the scope of such investments was still further enlarged. One of the
departures in the 1903 amendments was that street railway bonds
were then included for the first time, and the list was still further enlarged in J.1905. We give below the law as it is found
in sections 3,428 and 3,429, General Statutes of Connecticut, Revision of 1902, with the later amendments included.

1903. OH. 1. 1902.

$1,077,100
628,374

$1,663,100
571,698

448,726

1,091,402

—Savings banks may-

(1) Not exceeding twenty per cent thereof in notes secured by the
pledge of stocks or bonds as collateral, provided, such stock* or bonds
shall have paid dividends or interest of not less than three per cent
per annum during the two years next preceding that in which the
respective loan is made; or by the pledge of any stocks, bonds, or other
obligations which, under the provisions of this section, can be purchased by savings banks;
(2)

Not exceeding twenty per cent thereof in notes, eaoh of whloh
two or more parties all

shall be the joint and several obligation of
residents of this State;

In the bonds of the United States, the Distriot of Columbia, any
New England States, or any of the States of New York, New
Jersey, Pennsylvania.Delawaro, Maryland, Ohio, Kentucky, Michigan,
Indiana, Illinois, Iowa, Wisconsin, Minnesota, Missouri, Nebraska,
Kansas, California, Colorado, and Oregon;
(3)

of the

(4) In the bonds of any city in the New England States, or in the
State of New York, of Newark, Paterson, and Trenton in the State of
New Jersey, of Philadelphia in the State of Pennsylvania, of Cincinnati, Cleveland, Columbus, Dayton, and Toledo in the State of Ohio
of Louisville in the State of Kentucky, of Detroit in the State of Michigan, of Chicago in the State of Illinois, of Milwaukee in the State of
Wisconsin, of St. Lome in the State of Missouri, or of Omaha in the
State of Nebraska
(5)

Tn the obligations of any of the counties, towns,

and school

cities,

boroughs,

districts in this State;

(6) Tn the capital stock of any hank or trust company located in
New York in the State of New York, or in
Boston in the State of Massachusetts
(7) In the bonds of any other incorporated city located in any of the
States mentioned in this amotion having not less than twenty thousand
Inhabitants, as ascertained by the United States or State Census, or any
municipal census taken by authority of the State, next preceding such

this State, or in the city of

*> 1904
h 1905 0et
942,100
$952,100
737,515

ct -

now

Section 3,428— Investments by Savings Banks.
invest their deposits and surplus as follows:

DEBT, RESOURCES, Etc

NAME AND PURPOSE.

cent of actual value;

As

in

Admitted

37

ASSESSED VALUATION.—Assessed

Treasurer,

in Bristol Ojuuty.

Incorporated 1746.
This
Assessed val'ation.roal. $3, 182, 450
LOANS- „Bonds- When Due. Assessed
val'tion, per'l. 1,413,450
Refunding
1,'06-17 Total valuation 1905... 4.595,900
a
a x c\ 5 $36,000 Oat.
4s,g.,A&0,^
20.000. Oct. 1, '18-22 Assessment abt. 80% aotual value.
Tax rate (per $1,000) 1905. .$1240
School Bonds Populationin 1905
5,613
SiflB g -r&J. $24,000. July 1,'03-1
5,108
Bond, debt Oet.12, 1905. $80,000 Population in 1900 was
INTEREST payable at the Massachusetts Trust Co., Boston.
is

;

;

;

.

CONNECTICUT-DEBT OF STATE.

38

investment provided, the amount of the bonds of such city, including
the issue in which such investment is made, and its proportion, based
on the valuations contained in the assessment for taxation next preceding such investment, of the county and town debt, after deducting
the amount of its water debt and the negotiable securities in the sinking iunds which are available for payment of its bonds, does not
exceed seven per cent of the valuation of property in such city as
assessed for taxation next preceding s\ich investment and provided,
further, that the State or city issuing such bonds has not defaulted
payment of any of its funded indebtedness or interest thereon within
fifteen years next preceding the purchase of such bonds by the savings
bank; but this section shall not be held to authorize the investment of
any funds in anv "special assessment bonds" or "improvement
bonds," so called, which are not direct and primary obligations of the
;

;

city issuing the

same

organized under the laws
(8) In the bonds of any railroad company
ei any of the States mentioned in this section, and wmch bonds are
(secured by a first mortgage as the only mortgage security given
bv such railroad company upon some portion of the railroad owned
by it, or given by a railroad company, a majority of the capital
otoek in which is owned by the railroad company issuing such bonds,
wpon some portion of the railroad owned by it but leased or operated
by the railroad company issuing such bonds, and which portion of such
railroad in either case shall be located wholly or in part in one or more
of the States mentioned in this section, provided the entire railroad of
each company is located wholly within tbe United States in the
consolidated bonds of any railroad company incorporated by this
State and authorized to issue such bonds to retire the entire funded
debt of such company; provided, that in every case such company shall
have paid each year, for a neriod of not less than five years next
previous to such investment, in addition to the interest on its funded
indebtedness, dividends of not less than four per cent per annum upon
its entire capital stock outstanding; and provided further, that said
outstanding capital stock at the time of such investment equals or
.xceeds in amount one-third of the entire outstanding issue of such
onds;
(9) In the bonds of the following- named railroad companies, viz
Boston & Albany Railroad Company,
Boston & Lowell Railroad Company,
Boston <te Maine Railroad Company,
Concord & Montreal Railroad Company,
Fltchburg Railroad Company,
Harlem River & Port Chester Railroad Company,
Maine Central Railroad Company.
Hew England Railroad Company,
New York & New England Railroad Company,
New York New Haven & Hartford Railroad Company,
Old Colony Railroad Company;
Also in the following securities
Central RR. Co. of N. J.— Gen. mort. 5s, gold bonds, due July 1, 1987!
Burlington Cedar Rapids & Northern Railway Company systemCedar Rapids Iowa Falls <fc Northw., con. 1st 5s, due Oct 1,1921,
Bur. Ced. R. & Nor., con. 1st M. and col. trust Es, due April 1, 1934;
Great Northern Railway Company system—
St. Paul Minn. & Man. Ry. Co., Montana ext. 4s, due June 1, 1937,
Paciiic ext. 4s, due July 1, 1940;
do
do
Do
Montana Central Ry. Co. 1st M. 5e & 6e, due July, 1937,
Willmar * Sioux Falls Ry. Co., 1st M. 5e, due June 1, 1938;
HI. Cent. RR. Co.-Ch.St. L.<fe N. Orl. con. M. 5s &3^ia, due June, 1951;
Chicago & North Western Railway Co. systemChicago St. Paul Minn. & Omaha Ry. Co., con. M. 6s, due June 1,
1930, and in mortgage bonds heretofore issued which said consolidated mortgage C per cent bonds are to retire at maturity;
Ohica.eo & Eastern Illinois Railroad Co., sen. con. <fe let M. 5s, due
Nov. 1, 1937, and in mortgage bonds heretofore issued which
said gen. ecu. and 1st mortgage 5 p. c. bonds retire at maturity;
Minneapolis & St. Louis RE. Co., let <fc refunding M. 4s, due March 1,
1949, and in the mortgage bonds heretofore issued which said 1st
and refunding bonds arc to rehire at maturity;
Milwaukee <fe Northern RR. Co., con. M. 6s, due June 1,1913, and in
the mortgage bonds heretofore issued which said con. mortgage
6 per cent bonds are to retire at maturity;
Atlantic Coast Line RR. Co., 1st con. M. gold is, du* July 1, 1952, and
in the mort age bonds heretofore issued which said first con.
mortgage bonds are to retire at maturity.
The Terminal Railroad Association of St. Louis general mortgage
refunding 4 per centum Unking fund gold bonds of 1953 and the mortgage bonds heretofore Issued "which said general mortgaee bonds
are to retire at matuiity. [Sec editorial V. 77, p. 2071, for Attorney
General's opinion relative to these b:>nds.]
The St. Louis Iron Mom tain <fc Southern Railroad Company. River
& Gulf Division, first mortgage 4 p. o. bonds due May 1, 1933.
The Buffalo & Susquehanna Railroad Company first mortgage 4
per cent gold bonds due in 1951
(10) In any general or consolidated mortgagebonds issued by any of
the following-named railroad companies" to retire all of the outstanding prior mortgage bonds secured upon the property covered by
paid general or consolidated mortgagerChicago <fc North Western Railway Company,
Chicago Burlington & Quincy Railroad Company,
Chicago Milwaukee <V St. Paul Railway Company,
Chicago Rock Island & Pacific Railway Company,
'Chicago & Alton Railroad Company,
Cleveland & Pittsburg Railroad Company,
Lake Shore & Michigan Southern Railroad Company,
C
Michigan Central Railroad Company,
Morris & Essex Railroad Company,"
New York Central <fe Hudson River Railroad Company,
Pennsylvania Railroad Company,
8t. Paul Minneapolis <& Manitoba Railway Company,
Eastern Railway C -«ipany of Minnesota, Northern Division,
Louisville & Nas/i^ille Railroad Company
fcnd In the mortgage bonds hitherto issued which such consolidated or
general mortgage bonds are to retire at maturity; provided, that at no
time within five years next preceding the date of such investment
in such general or consolidated mortgage bonds issued by any of the
railroad corporations last named shall such railroad corporation
have failed to pay regularly and punctually the principal, at maturity
or as extended, and intereston all its mortgage indebtedness, ana, in
addition thereto, dividends upon all its outstanding canital stock
during tne preceding five years; and provided further, that at the
date of every such dividend the outstanding capital stock of such
railroad corporation shall have been equal to at least one-tbird of the
total mortgage indebtedness of such railroad corporation, including
all bonds issued or to be issued under any mortgage securing any
bon'ls in which suoh investment shall be made. No" bond of any railroad corporation named in this section shall be a legal investment for
a savings bank when such corporation, or the system of which It is a
part, shall fail to pay dividends on all of its capital stock; and ibis
section shall not be held to authorize any investment in the bonds of
any corporation operating its railroad exclusively by any means
other than steam as a motive power, or in the bonds of any streot
railway company.
[Added by chapter 204 L, ws of 1905.]
he tlr.st mortgage mid four per rentum bonds of the Southern Indiana Railway < tonip any. due 1951. are hereby declared legal invest
nents for savints banks for the State of Connecticut.
All other investments shall consist of deposits in incorporated
banks or trust companies located in this State, or in the States of New
;

i'i

—

:

:

[Vol. lxxxi.

York, Massachusetts, or Rhode Island, or of loans secured by mortgage on unincumbered real estate situated in this State (except as
provided in §3429) [see section below], worth double the amount of
the loan secured thereon.
Street Railway Bonds.— As stated above, street railway bonds are
Included for the first time by chapter 171, Laws of 1903. This Act
was amendeo in 1905 and now reads as follows:
Savings banks may invest their deposits and surplus in the first
mortgage bonds of the Hartford Street Railway Company and the
Fair Haven <fe Westville Railroad Company, and in all bonds of the
Consolidated Railway Company and the Couneuti-ut Railway &
Lighting Company.
Section 3429— When Mortgages May be Made in Adjoining
Slates.— Any savings bank
the towns of Putnam. Brooklyn,
and Killingly may loan on land located in the County of Providence in the State of Rhode Island; any savings bank in the
town of Ridgefield may loan on land located in the County of West-

m

chester in the State or New York any savings bank In the town of
Enfield or in the town of Stafford may loan on land located in the
County of Hampden in the State of Massachusetts; and any savings
bank
the town of Stonington may loan on land located in the
County of Washington in the State of Rhode Island.
;

m

The subjoined

sections, 3431, 3432, 3433 and 3434, provide certain
with reference to loans— section 3431 restricting loans on
Mortgage Security to'Manufacturing Corporations and Ecclesiastical
Societies; section 3432 restricting amount of loans to one party on
personal security; section 3433 forbidding loans on single names.
Section 3431 Loans to Corporations and Societies Regulated.— No
loan shall be made by any savings bank to any corporation or association or ecclesiastical society, secured by mortgage upon its property,
unless the same shall be accompanied by the individual guaranty
of some responsible party or parties, or by other collateral security of
value equal to the amount of the sum loaned. The directors or trustees of any such bank consenting to any loan contrary to the provisions of this section shall be held individually responsible for any
loss to the full extent of such loan.
Section 3432— Loans Restricted.— No savings bank having more than
twenty-live thousand dollars of deposits, shall loan on personal security to any one person, company, or interest, more than three per
cent of its deposits at the time of making such loan.
Section 3433— Obligations of One Person or iirm Not to be Taken.—
No savings bank shall buy, or lend any money upon, any obligation
on w hich only one person or firm shall be holden, without taking additional security for the same equivalent to the guaranty or Indorserestrictions

ment of

isome other responsible party.
Besides the ordinary safeguards which are in all savings bank laws,
there is one of no little importance that ought to aid materially in preventing incautious loans. We refer to the provision below.
Section 3434— Record of Names of Dirtclors Consenting to Loans.
When any loan or investment is made by any savings bank, the
names of the directors or trustees consenting thereto shall be entered
upon the records of suoh bank, and said record shall be open at all
times to the inspection of the corporators and auditors of such
bank and the Bank Commissioners, and be prima facie evidence of the
truth of the statements therein contained.

—

TRUST FUNDS-HOW

OR

INVESTED-We find in
LOANED
Section 254 of Chapter 22 of the Revised Statutes the following liberal provisions providing that trust funds may be loaned or invested
in the same securities savings banks are authorized to invest in.
Sec. 495. Trust funds, unless it is otherwise provided in the instrument creating the trust, may be loaned on the security of mortgages on
unencumbered real estate in this State, double in value the amount
loaned, or may be invested in such mortgages or in the bonds or loans
of tlus State, or of any town, city, or borough of this State, or In any
bonds, stocks, or other securities which the savings banks in this State
are or may be authorized by law to invest in, or may be deposited in
savings banks incorporated bv this State.

—

Cities,

Counties and Towns
in

the

STATE OF CONNECTICUT.
Note.— For debts of minor civil divisions not found among the statements given below, see "Additional Statements" at the end of this State.
The relation which the towns, cities and boroughs of this State bear
one another Is peculiar, and requires a word of explanation. The
State is divided into eight counties, and these counties are made up of
towns, numbering in the aggregate 168. The towns are the civil unit,
and on the assessed valuation (which is called the " Grand List of each
town ") is levied the tax for State purposes as well as the tax for town
expenditures. Within the town is often situated a city or a borough, or
both, all of which may at the same time have bonds outstanding. There
are ten cities, each with one exception bearing the same name as the town
in which it lies. In recent years several towns and cities whose limits
were about identical have been consolidated and the outstanding
bonds of both town and city are reported together without distinction.
This is the case with the city and town of Hartford, which previous to
April. 1H96, reported their debts separately. The city and town of
New London have been consolidated and also Bridgeport city and
town. On December 7, 1897, city, town and school district of New
Haven were likewise consolidated.
The borough stands in about the same relation to the town as does
the city. The grand list as determined for the town is used by both the
city and the borough in levying taxes, the city, for instance, putting a
tax of its own on its share of the total grand list of the town. This tax
In some instances the schools are in the
is additional to the town tax.
charge of school districts, which also are empowered to issue bonds
and to levy a tax, so that to cover the total tax paid by a city It Is
to

necessary to take into account the State, town, city and school district
In the statements which follow we give under one heading the
town and city, wherever they bear the same name, for though distinct
corporations, their debts are to a greater or less extent the debts of a
levies.

single

community.

AGGREGATE MUNICIPAL INDEBTEDNESS.
total indebtedness of all the towns, cities, boroughs and ooudties in the State was in 1904 $32,520,460 61. In the following table
we show the funded indebtedness, the floating debt and the total indebtedness of all the civil divisions of the State at quadrennial
periods:
* Total debt.
Floating debt.
Funded debt.

The

$26,906,859 05 $5,269,10156 $32,520,460 61
22,142.993 58
5,005,323 09
27.624.827 42
4.384 980 56
24.581,066 55
...19,749,667 08
1896
4,473.57136
20,627,058 48
16.023,832 46
1892
15,569,818 67
3,759,642 86
19,392 804 89
1888
17.636.289 91
14.655,903 75
2,980.386 15
1884
1,967,623 60
17,355,999 29
15,388,375 69
1880
14.437,742 93
2,713,584 35
17,151,327 28
1877
* County debt (¥344.500 in 1904) notdivided into funded audfloating
debt and therefore included only in total debt column.

1904...
1P00

STEPHEN CHARTERS. Mayor.
—
HENRY A JORDAN,
New Haven
By an

a ivTc?r-»ivn A
AJNSdCJJNIA.

Bernard Keating, Auditor.
BRIDGEPORT.—
County.
Incorporated
a
1836.

as city in
In
This city is in Fairfield
1889-90 the town and city of Bridgeport were consolidated, the city
assuming the town's debt.
Building Bonds—
When Due.
LOANS—
3»*8,
$75,000
City & Funding Bonds—
Court House Bonds—
July 1, 1908
5s, J&J, $150,000

July 1, 1915
$147,000
J&J.125.000
July 1,1919 Bond, debt Apr.l,1905.$l,998,000
4s, J&J, 400,000
1924 8tnliingfund Apr.1,1905 445 032
4s, J&J, 280,000
1924 Net debt Apr. 1, 1905.. 1,552,988
48, J&J, 220,000
'06
to '09 Assessed valuat'n 1904.65,716,98 1
3*33, J&J, 40,000.July 1,
Assessment about aotual value.
Bridge Bonds
$13-50
3»s3, J&J, $130,000. Julyl,'06to'31 |Taxrate(per$l,000)1905
Value
city property
Refunding Bonds—
2,148,438
1,1903-20
Population
July
1890
48,866
3ks, J&J, $90,000.
Population 1900
Improvement Bonds—
70,996
Population in 1903
3i«s, J&J, $370,000
.82,128
|

.

i

|

ENFIELD. —J.

L.

Dunbar,

Treasurer.

Incorporated 1785
This town
When Due. Floating debt Oct., 1905.. $2 14,930
LOANS—
Total debt Oct., 1905.... 344,930
Funding Bonds—
98,566
4s, J&J, $14,000 c....Jan. 2, 1908 Sinking funds
246,364
4s, J&J, 100,000 c. Jan. 1,1927 Net debt Oct., 1905
Tax valuation 1904
High School Bonds—
6,081,780
., T . T 5$8,OOOc. Jan. 1,1906 Assessment is ^ actual value.
43, J&J, £ 8,000 e ..Jan. 1,1911 Town tax (per $1,000) "05.. $12-50
Interest paid at Bristol Nat. Bk. Population in 1905 (est.) .. 12,000
Bonded debt Oct., 1905.. $130,000 Population in 1900
9,643

A.
CHATHAM.—
town
This

is

H. Conklin, Auditor.

in Middlesex County.

LOANS—

Incorporated 1767.
Floatingdebt

Wlven Due.

$5,494

Railroad Aid Bonds—

Total valuation 1904
841,870
4b,
J&J, $25,920 o.Jan. 1,1911 Assessm't from 2 3 to % act. value.
375s, J&D, 35,000 C.June 1, 1910 Tax rate (per $1,000) I901..$25-O0
3-65s, J&D, 37,000 C.June 1,1909 Population in 1890 was
1,949
Bonded debt Oct. 1, 1905.. $97,920 Population in 1900 was
2,271
OPTIONAL.—Ten thousand dollars of the 4 per cent bonds are
subject to call after 10 years and $10,000 after 15 years.
TAX FREE.— All of the town's bonds are exempt from taxation.
INTEREST payable at Central National Bank. Middletown, Conn.

V—

n

A 1M"RTTTP X
JJ>V.lNr5UX-t

.

The City of Danbury

City of

)

C. D.

RYDER, Treasurer,
N. F4NTON, Clerk

HENRY

situated in

Danbury Town,

Fairfield

Danbury Debt-

loans—

Improvement Bonds
4s,
4s,

is

5

J&J, $155,000
J&J, 100,000

When Due.

Water Bonds— (Con.)—
4s,

Jan.

1,

July

1

1920
1923

County

J&J, $45,000... .Jan.

1.

1920

Bonded debt Feb. 1,1905. $775,000

Floatingdebt
40,000
Funding Bonds—
Total debt Feb. 1, 1905.. 815,000
48.
< $100,000.. May 1, 1927-'36
Water debt (included)
155,000
M&N, I 50.000.. .. May 1,1937 Total valuation 1904. ..11,268,000
A&O,
3^8,
215,000.. ..Oct. 1, 1941 Assessm't is about ^ actual value.
Water Bonds—
Value of city property. $600,000
4>fls, J&J, $30,000.... July 1, 1910
Tax rate (per $1,000) 1904.. $7-50
21.000
.Jan.)
,1906-12
j aIAT
S
Population
in 1890 was
16,552
«h,j<kj,
j
21,000. .Julvl, 1906-12 Population in 190O was
16,5^7
INTEREST on the improvement and funding bonds and on the water
bonds of 1920 is payable at the National Park Bank, New York on all
other water bonds at the Importers' & Traders' Nat. Bank, New York.
,

.

.

;

Danbury (Town) —

town is in Fairfield County.
Funding Bonds—
When Due. Bonded debt May, 1905.. $430,000
3^8, M&S. $225,000.. Mar. 1, 1932 Tax valuation 1904
... 8,16^,931
School Bonds—
Tax rate (per M.)1904.
$10 00
8^8. M&S, $50,000... Mar, 1, 1932 Population in 1900 was. ...19,474
4a,'05,) $135,000. Mar. 1, 1906-50 Population in 1890 was
19,473
M&S, S 20,000 Mar. 1, 1951-55
.

INTEREST Is payable

—

at the Import.

& Traders' N.

Bank, N. Y.City.

BENJAMIN HUBBELL, Mayor.
CHARLES E. CLARK, Treasurer.
situated in New Haven County. By enactment

riTTTP"RV
XJIZ.Z\d
I

When Due. Bonded debt

LOANS—

Town Bonds—
4s, M&N, $25,000
Subjeot to call.
4s. M&N, $20,000

Oot. 1, 1905. $75,000
Ass'd valuation 1904.. .$4,247,684
Assessment about 70% actual val.
Tax rate (per $1,000) 1904. .12-00
Population 1905 (est.)
7,500
Population 1900 was
6,699

o.-.Nov. 1, 1920

May, 1909

Refunding Bonds—
3^8, F&A. $30,000 c Feb.

18, 1926
payable at the Thompsonville Trust Co

INTEREST

,

FAIRFIELD.—Joseph
This town

is in Fairfield

I.

Flint, Clerk.

County.

When Due Total debt Sept. 1, 1905. $133,000
Assess'd valuation 1904.3,484,304
$40,000
1916 Tax rate (per $1,000) 1905 $12-00
3^8, g., ..... 25,000
4,489
Bonded debt Sept. 1, 1905.$f 5,000 Population In 1900 was
68,000
Floatingdebt

LOANS—

4s,

.—
GLASTONBURY
town
Thia

Morgan,

E.

Funding Bonds—
$45,OOOo.Jan.l,*08-13-18
Jan. 1,1928
3 5( ooOc
Bonded debt Aug.27,1905.$80,000
Floating debt Aug. 27, '05. 14,775
i

V

Sinking fund Aug. 27, '05. $10,905
Assessed valuation '03. .$2,261, 517
Tax rate (per $1,000> 1905. $18-00
Population In 1890 was
3,457
Population in 1900 was
4,280

R. Wellstood,
GREENWICH.—
same name
The town and borough
of Town

Debt,

Treas.

In Hartford County.

is

—

Treasurer.

are located in Fairfield County.
Debt of Boro.—S. E. Minor, Treas.

of

4s, M&N, $147,000 ...May 1,1922
277,100 Total debt Apr., 1995.... $147,000
33,000
562, LOO Floatingdebt
Total debt Sep. 1 1904
Town valuation 1903.. .13,262,357 Borough valuat'n 1904.-2,001,335
Tax rate (per $1,000), 1904.$13-00 Borough tax (p $1,000)1903. $900
2,420
10,131 Population in 1900 was
Population in 1890 was
12,172
Population in 1900 was

Funded

debt, Sep. 1, '04. $285,000

Floatingdebt

...

,

.

.

J. 0. Fish, Treasurar.
GROTON.—
New London County.
town
This

is

in

When Due. Total tax

LOANS-

REFUNDING
4s,

M&N,

$25,000

($5,000 biennially) to

May 1, 1907
May 1,1915

(per $1,000) 1904 -$10-00

Population 1890 was
5,539
Population in 1900 was
5.962
Groton Water District—H. E. Marquardt. Treasurer.
1924
4s, g, 1904, $150,000 c
50,000
S,'05,
Total debt Oot. 1, 1905.. 200,000

Mayl, 1908
June 1, 19^5
$50,000
Bonded debt May, 1905.. $55,000
Total valuation 1904... 3,669,829
Assessment about s 3 actual value.
INTEREST is payable by th e Town Treasurer.

M&N, $20,000

4s,
48, '05.

(WILLIAM F. HENNEY, Mayor.
nj a OTTPnon
UnlJ. — )CHA3.
rlAK
I
H. 8LO0UM, Treasurer.
r*

The town and oityof Hartford were consolidated on April 1, 1S96,
and their debts are no longer reported separately. City incorporated
May, 1784.

LOANS—

Interest.

<

—

-Principal.
Outstand'g,

When Due.

Rate Payable.

NAME AND PURPOSE.

& J
& J
& J
& J
& J
& J
& J
3
J&J
3^g, J & J

Fund'g bonds (oou.). 1893 4g, J
Parkimpr't (cou.)..1896 3is,g.J
(cou.)
1898 3ifl,g,J
do
Pav'g bds. (reg.). 1898-00 3^,g, J
(reg.)...1900 3^,g. J
do
Municipal bds. (reg.)l?98 3*fl,g,J
depar't
(reg.) 1898 3^,g,J
Police

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Consol. bonds*(cou.).1889
Refund, bds. (reg.) 1897

July
Jan.

do

do
Impr't bonds

(reg.). 1897
(reg.) ..1897
.

July

3^g,

1905 3iag,
1893 4g.
(cou.) 1893 4g.

do

Water (cou,)
do (Res'v'r)
*

1,

1918
1926
1926
1938
1930
1938
1923
1909
1922
1922
1922
1954
1955
1918
1918

July 1,
July 1,
after July 1, 1908.)

3>a,

A&O

of the city

bonds

1904

1,
1,
1,
1,

May

J&J
& J
J&D
J&J
J&J

(Subject to call

Refunding notes

1,
1,
1,

1,
1,
Jan. 1,
July 1,
June 1,

3^g, M & N

Conn.R.B'eBd8.(oou.) '04 3^g, J

do

This

K. Bissland, Treasurer

town is in Hartford County.

This

.. T . T
4S,J<SJ

is situated in Hartford County.

Kng,

E.

Value of water plant, $254,796.
When Due. Bonded debt June 6, '05. $130,000
LOANS—
Floating debt
141,500
Water Loans—
Oot. 1. 1931 Total debt June «, 190S
271,500
4s. A&O, $115,000
15,000. .-June>1, 1933 Assessed valuat'n 1904 .1,500,000
4s, J&D,
Notes, temp'y refund. 5s. $120,000 Assessm't about60% aotual value.
19,600 Dist. tax (per $1,000) 1904.$17*50
Notes, sewer4s
1,900
Fire Dist. Note

I

BRISTOL..— E.

— Edw.

Po eiden*.

3»fl8,

I

39

East Hartford Fire District.

J
>

Treasurer.
County.
act of the Connecticut
Legislature of 1893 the borough, town and tire district of this name
were consolidated to form the present city.
When Due.
Borough op Ansonia Bonds—
LOANS—
3 las. A&O. $75,000
...1908
Building Bonds—
Bonded
debt Jan.14,1905 $400,000
3>«s, J&J, g. $75,000. .July 1, 1923
Floating
ANSONIA
BONDS—
debt
15,500
TOWN OF
4s,g.,J&J,$100,000,g.Jan. 1, 1912 Total debt Jan. 14, 1905 ..415,500
37,204
Subject to call after. Jan. 1, 1902 Sinking fund
Tax valuation 1904
School Bonds—
9,694,330
Assessment about actual value.
4s.'05. J&J. $70,000. July 1, '06-30
Tax rate (per $1,000) 1905 $11-00
($3,000 due yearly.)
Population in 1890 was
10,342
City of Ansonia Bonds12,681
Is, g., M&N, $150,000,g.May 1, '15 Population in 1900 was
Is in

>

CONNECTICUT-CITIES AND TOWNS.

Xov., 1905. J

Ansonia

—

—

3

Oct.

1,

1909

$290,000
150,000
150,000
200,000
20,000
200,000
75,000
750,000
800,000
270,000
250,000
1,000,000
1,000,000
475.000
200,000

255,973

Non-taxable.

INTEREST on all

is

payable at the city treasury

TOTAL DEBT, Etc-

Oct. 2, 1905. Avr. 1, 1905 Apr. 1,1904. Apr. 1, 1903.
Total bond. debt.$5,830 000
$3,830,000
$4,830,000
$3,830,000
Floating debt
279,454
239,492
279,454
579,454

}

\

This city is
of the
Legislature in 1893 the town of Derby, borough of Birmingham, and
the school districts of the town, were consolidated under one form of
government, assuming the name of the " City of Derby." The consolidation took effect on January 1, 1894, and the debts of the town
borough and school districts were assumed by the city.
WJien Due.
School Bonds—
„ LOANS—
Sewer Bonds—
3k8, J&D, $2 ,000 O.June 1, 1921
8I2S, g., J&J,$l2,O00o July 1, 1914
(Optional after June 1. 1902 )
(Subj. to call after July 1, 1900.)
3 4 s,jr,F&A, $25,000 o.Aug. 1,1930
Funding Bonds—
(Subject to call $2,000 yearlv.)
4s,
A&O, $60,000 o.Oct. 1,1908 Bonded debt Aug.8, 1905.$2i 6,956
4s, g., J&J, 102,000 C.July 1,1914 Sinlsixig fund
28,700
Improvement Bonds—
Netdebt Ausr. 8, 1905... 218,256

Total debt.... $6,109,454
-Inking fund
908,066
Water debt (incl.)
675,000

$4,069,492
$4,409,454
666,416
752,768
675,000
675,000
C'TY PROPERTY.— The city in 1904 owned property to the value
of $5,619,025 53, according to inventories on file in the office of the
$5,109,454
839,580
675,000

City Auditor.

WATER DEPARTMENT

is self sustaining, raising from water
rents $30,000 to $40,000 each year above interest on its bonds and all

ordinary expenses.

!

4b,

J&J, $10,000 c

Subject to

call since

July 1, 1906
July 1, 1897.

Interest

is

payable at Derby.
$5,398,195

Tax valuation 1904

Road & Bridge Bonds—
Assessment same as
3%s. M&N, $33,000 Nov. 1,1934 City tax (per $1,000)
(Subject to call $3,000 yearly.)

1905..$ll'00
Population in 1900 was
7,930
Population in 1890 was
5,969

EAST
HARTFORD.—
town
This

is

actual value.

J.

0.

Goodwin,

Clerk.

in Hartford County.

LOANS—

When Due. Total debt Oct. 1,1905 .. $99,600
Floatingdebt
8,000
A&O, $39,600 c.Oct. 1, 1919 Tax valuation 1904
2,964,914
Subject to call after Oct. 1, 1899 Assessment about % actual value.
Bridge and Road Bonds—
Tax rate (per $1,000) 1904. $17-50
4s, A&O, $60,000 c... Apr. 2, 1924 Population in 1900 was
6,406
Bridge Bonds—

.

3-6s,

(Subject to call after Apr. 2, 1904.) Population in 1905 (est.) ....7,200
INTEREST is payable at Farmers' & Mec.'s Nat. Bank, Hartford.

ASSESSED VALUATION AND TAX RATEReal Estate. Personal Property.
Total
Tax Rate.
*$18-00
$56,696,164
$64,168,667
1 $7,472,503
*18-00
54,799.549
62,040,434
t7,240,885
*18'00
54,049.012
17,089,431
61,138,473
*1800
1901........ 52,050,809
59,672,763
t7 021,954
"17-50
1900
49,904,740
20,146,633
70.051,373
17-00
1895
36,808,488
16,403,193
53,211,681
20-50
30,596,238
1890
16,629,086
47,225,324
20-50
30,171,885
1889
16,048,479
46,220,364
20-50
27,847,349
1888.
19,500,122
47,347,471
"School tax (which in 1904 averaged $4 per $1,000) additional.
tExcluding corporation stock assessment, which for 1904 aggregated
$27,641,715. Se6 note on page 37.
POPULATION.—In 1900 the population (Census) was 79,850; In
Tcars.

1904
1903
1902

1890

it

was 53,230;

in 1880

it

was 42.553.

Hartford "Arsenal School District."

— Chas.

W. Skinner, Charm »n District Ommi fee.
When Due. Bonded debt June,"" 905... $74,000
LOANS—
I

4s,

J&D, $70,000

Junel, 1917 Assessed valuat'nl903.$3, 129,775
School tax (per $1,000), '05.. $5 00
|

I

INTEREST

is

payable at State Bank of Hartford.

CONNECTICUT-CITIES AND TOWNS.

JO

Hartford "First School District."— George

C.

Chairman of Comrniut e.
When Due.
LOANS—
,
,$100,000.... May 1,1927 (Subject to call after May 1, 1907)
4s
Hartford "Northeast School District." -MarBailey,

.

shall L. Hill, Chairman of Committee
W7ien Due. Bonded debt Oct., 1905.. $68,000
Building Bonds—
3*28, J&D, $ti8,000 C.June 1, 1931 Assess'd valuation 1903.1,435,000
School tax (per $1,000), *05-*6 00
(Exempt from all taxes.)
INTEREST payable at Security Co., Hartford.

Hartford 'Northwest School District"—
$96,301

Dist. notes Apr. 1, 1905..

|

Sohool tax (per$l,000) 1905.$5 00

Hartford "Second North School District."—
F. S. Kellogg, Chairman.
4s, J&J, $137,000 o...Jan. 1. 1921 Bond, debt

Oot. 5, 1905. $650

|

000

20,000
Floating debt
(Optional after Jan. 1, 1904.)
3>»-s,'04, J& J. 40.0u0.. July 1,1934 Assess dvalua'nl903..5,621.200
School tax (per $1,000) 1905.$5'00
Bonds are exempt from taxes.
INTEREST payable at Security Co., Hartford-

Hartford "South School District."
A.

—Thomas

Treasurer.
When Due. Sinking fund

St»!i»itoi.i,

LOANS-

M&N, $50,000 C
MAN, 200,000 o.May

4s,
3i«9,

1,

$2,401
Ass'd valuation, real. .15,500,000
Assessed val't'n, pers'l.. 6,000,000
Tolal valuation, 1 904. .2 1,500,000
School tax (per.U,000),'04..$6-00

5927
1931

3%e,M&N, 200,000 c&r. Nov. 1,'52
3ks,g,*05,M&S.-/00,OJOcScp.l,'55
Bonded debt Oct. 5,1905 $650,000

W

Wal er L.
LOANS

Treasurer.
When Due. Bond, debt
1<1,

3^98, ..,
4s, .....

Oct. 1, 1905. $80,000
Assessed v,lu it'n 1904 3.000,000
School tax (per $1,000) 1905. $5-00

I

,!*35,000o

4s

I

25,00t> n

20,000c

INTEREST

I

payable at Hartford National Bank, Flartfcrd.

is

Hartford " West Middle School District."—
James P. Taylor (Pres Cbarr.er Oak Nat. Bk ), Treas.
When Due.
LOANS—
S^s, F&A. $126,000. July 31, 1912
3!a F&A, 120,000. July 81, 1926

I

|

Bond, debt Oct.

1, 1905. $246,000
27.0(10
Floating debt
School tax (per $1,000) 1S05.$3'00

Edward W.
HUNTINGTON.—
County.
This town
is

4s,

When Due. Assessed
July 1,1917 Tax rate

J&J, $75,000

Bonded debt

valuat'n 1904. $4,312,539
(per M.) *05 (town). $8-00

Population in 1890 was
Population in 1900 was

Apr., 1905... $95. 000

46,134
141,134

Floating debt
Total debt Apr., 1905

Clerk.

(P. O. Sholton.)

in Fairfield

LOANS—

Kneen,

4,006
5,572

T Preston,
KILLING LY.-Frank Interest
This town

is

in

Treasurer.
p >.yable at Nat.Skawmut

Windham County

Bank, Boston.

WAen Due. Floating debt

LOANS-

$31,800
valuation 1904
3,913,743
Tax rate (per $1,000) 1905. $1200
7,027
3^s,J&D, g., $125,000 c.Dec 1,'20 Population 1890 was
Bond, debt Apr. 1, 1905. $125,000 Population 1900 was
6,835

M&N, $30,000
Town Bonds of

On demand Tax

4e,

19<i0

When Due. Total debt Apr.

1, 1905.. 578,000
Slnkingfund
71,285
Net debt A^r. 1.1905.... 5 06,715
Water debt (included)... 283,000
Water linking fund(lna)
71.062
Assessed valuation '04.. 6.000,000

WATttR Bonds (Con.)—
3-65s, J&J ,$55,000 C.July 1, 1915
4s. J&J, 200,000 r..July 1, 1922
City Impovement Bonds—
3*28, J&J, $70,000 o&r July 1,1921

Sewer Bonds—

City tax rate (per M.) 1904.$ll-00

M&S, $24,000 o Mar.1,'06 to '17 Population in 1905 (est.) .12,000
Bonded debt Apr.1,1905. $566,000 Population in 1890 was
9,013
Floating debt
12.000 Population in 1900 was
9,589
TOWN OF MIDDLETOWN DEBT.— James P. Stow, Town Treas.
Bonds are tax exempt.
Railroad Bonds—
Total debt Jan. 1, 1905.. $764,000
4s,

4a, F&A,
4s, J &J,

$244,000 o.Aug. 1, 1910
60,000 r Jan. ,'06 to'08
3-65s.J&D,340,i 00 c.June 1, 1909
3>*e, J&J, 100,000 c.fer.Jan.1,19 24

Assessed

This

val'ti on

1904 8,503,3*2

Tax rate

(per $1,000) 19J4. $11-00
Population in 1890 was
15,205
Population in 1900 was
17,486

NAUGATUCK.—
George
borough
New Haven

T.

Wig more,

Treas.

County.
When Due. Bonded debt Sept.l ,1905.$138,00O
LOANS—
School Bonds—
Floating debt
56,845
4s, M&S, $28,000... Sept., 1906-19 Total debt sept. 1,1908.. 194,845
Borough Bonds—
Tax valuation 1904
7,390,277
4s
$10,000.. Mar. 1, 1906-07 Tax rate (per $1,000) 1905. $16-00
Refunding Town Bonds—
Population in 1890 was
6,218
4s, A&O, $100,000... April 1, 1912 Population in 1900 was
10.541
Population in 1905 'est.)... 15,000
is

in

NEW BRITAIN—
\l.l^&^S
New

Britain is situated in Hartford County. The towm
The city of
and city have separate debts, as shown below.
City of New Britain Debt
:

LOANS-

,

Hartford " Washington School District."—
kefi

LOANS—

[Vol, lxxxi.

Water Bonds—

When Due.

J&J, $30,000 c.July 17, 1908
Mar. 12, 1909
J&J, 20,000
F&A, 200,000c. Aug. 1, 1918
Sewer Bonds—
Optional alter Aug. 1, 1908
4s, J&J, $15,000 c.July 1, 1913
Aug. 1, 1918 4s, F&A, $250.000 c.July 1, 1927
4s, F&A, 100,000
July 1, 1933
75,000
4s, F&A, 100,000 c Aug. 1, 1925 4s, F&A,
(Subject to call after Aug.1,1910) Total debt Apr 1, 1905$1,326,000
3i«8, J&J, $150,000 O.July 1, 1924 Sink funds & other assets.. 264,760
313s, J&J, 200,000 c.Julv 1. 1932 Assessed valuat'n, '04. .11,318,000
$10-75
4s,*('4, J&J, 100,000 c.July 1, 1932 City tax (per M), 1904
Population in 1900 (Census) 25,998
street Bonds16,519
4s. F&A, $50,000 cAug. 1. 1925 Population in 1890 was
NTEREST Is payable at New Britain National Bank.

Subway Bonds—

3>as. g.,

c. Oct.

$34,000

1

4s,
4s,
4s,

906-22

c

.

C

I

TOWN OF NEW BRITAIN DEBT—AUGUST VOIGT,

Park Bonds—

Treas.

Bonded debt 8ept.l,1905.$453,00O

4a,

,$71, 250. July l,1906-*24

4s,

,

Funding Bonds—

$100,000. ...Jan.l, 1911

School Bonds—

1909*29
$50,000
1906*35
59,000
3k8, F&A., 54,000 ..Aug., '06-'32
1906'28
4s, ....... 115,000
3*?s. .....
3»s8,

i

I

I

Floating debt Sept. 1. 05. 40,232
Sinking fund Sept. 1,1905 35,139
Assessed valua'n 1904.12,795,675
About 50 per cent actual value.
$l«-25
Tax rate (per M) 1905
Population, 1890
19,007
Population in 1900 was. ...28,202

STUDLEY.
A AATT — JOHN
W WnAVUlN
ROWE,
JON ATHAN
By
New

NPTAXr
H.

TXT

Mayor.

P.

5

N.
Comptroller.
?
the county seat of
Haven County.
an aot of the
General Assembly the city, town and sohool district of New Haven
were consolidated December 7, 1897, under one government, and the
city assumes the assets aud liabilities of the other two governments.
This city

is

New Haven

City Bonds.

Funding Bonds—
A&O, $25.000. ..Oct. 1,1914 i - 3, vo
n = <$250,000.Oct,l,'25-'34
A&O, 40,000. .Oct. '15 & '16
3,000. Oi t. 1, 1935
48,
'l
312s, A&O, 185,000. Oct. 1,1920
Paving Bonds—
G. M. Woodruff, Treasurer.
10,< 00 Oct. 1. 1922 4s. A&O, $187.500. Oot.'06 '11**16
3>«S, AA.O.
Litchfield (Town) Is the county seat of Litchfield County.
3^8, 05, A&O. 95,000. Oct. 1,'25 3ia8,A&O,150,000 Oct'10-'15'20
3is8,A&0, 50,000Oct.'07-12-17-22
Boulevard SewerageFloating debt, 4 *v & 5s..
TF7i.cn Due,
$8,500
LOANSCity' Sewerage—
Total debt Oct., 1905...
8H,5(0 s'^, J&D, $75,000.. June, '06'08
Railroad Bonds—
Fond'c. & High School Bonds— 4s, A&O, $400,000.. Apr. 1, 1910,
On demand Tax valuation, real
2,296,220
4s, J&D, $20,000 o
to Apr.1,1925 ($25,000 due yrly).
3»*b, A&O, $456.000. Oct., 1906-24
4s, J&D, 20,000 c....On denmnd Tax valuation, personal. 412,851
3128. A&O,
10,000. Oct. 1/06-15 4s, J&D, 100,000... .1926 to 1929
4s, J&D, 20,000 c .June 1, 1906 Total valuation 1904... 2,709,071
Library
Bonds*—
3*s8,'05, A&O, 100,000..Oi;tl,'25
6s, J&D, 20,000 o...June 1, 1911 Assessment about actual value.
Bridge Bonds—

When Due.

u

4s.

,

'

LITCHFIELD.—

.

Total tax (per$l,000) 1904..$13-O0
Population in 1890 was
.3,304
Population in 1^00 was
3,214
subjeot to call five years before date of maturity.

Interest is payable in Litchfield.
Bonds are all tax free.

Bonds are

all

MERIDEN,

5
I

GEO.

SEELEY, Mayor.

S.

HERMAN

HESS, City

Clerk.

Meriden are situated in New Haven County.
During the year 1896 the town of Meriden voted to consolidate the
schools and assume the debt of all the school districts.
City was

The town and

city of

Incorporated in 1867.

CITY OF MERIDEN BONDS. Incorporated 1867.
When Due.
Water Bonds— (Concluded —
LOANSFcnding Bonds—
4r jffd,
tat 5 $10,000 c.Julv 1,1911
)

4s,

48,

J&J, $50,000 O.July 1,1914-18

j

Sewer Bonds—

40,000 c.Julv l.'l 2 13

Bonded debt Oct. 11.1H04 $31 5,000
As
MAN 5$70.0 0c.M'yl,'06to'12 PL debt (less cash in hand) 37,000
4B,m<BXN,^

May 1,1913

5,000c

Total debt Oct. 1 1, 1904
352,000
Assessed valuat'n 1903 12,101,3"9
4s jvkkin 5 *100.000 cM'yl.'OB-'lO Tax rate (per $1,000) 1904..$11-00
48,
10 ,000 c May 1,1911 Population in 1890 was
2
21,652
Population in 1900 was. ...24,296
on
the
city's
bonds
is
payable at the Importers' &
INTEREST
Traders' National Bank, New York.
OF MERIDEN BONDS— Eugene A. Hall, Town Treas.
When Due.
Coli> Springs Home Bonds—
LOANS—

Water Bonds—

M&N

,

TOWN

Funding Bonds—
4^b,M&N, $70,000 0. May,

M&N,

May 1, '13 '16
debt, Sept. 1,'05 $250,000

3»ss,M&N,$4O,000c
,

06-'12

Bonded

80,000 cMayl,*17-'24

Floating debt
31,586
High School Bonds—
Total debt Sept., 1904... 281,586
M&N, $20,000 cMay,1906-07 Grand list 1904
4b,
13,670,406
Tax rate (per $1,000) 1905. $11 00
Town Bonds—
4s, M&N,$4O,OO0r.May,1908-'ll Population in 1890 was
25.423
Population in 1900 was ... 28,695
INTEREST on funding 4*es and school 4s is payaile at the Importers' & Trader*' National Bank, New York; on town 4s at the Meridian National Bank; on the 3^s at the Fourth National Bans, N. Y.
3i*B,

.

MIDDLETOWN.-

(
-

\

A. R.

CRITTENDEN, Mavor.

JAMES P. STOW,

City Treasurer.

Middletown City is situated in the town of Middletown, Middlesex
County. The city and town are distinct corporations, and the debts
of both are given below.

CITY OF

MIDDLETOWN DEBT.- Incorporated

1784

Refunding Bonds—
When Due.
LOANS—
Funding Debt Bonds—
3^8, J&D. $53,000 c Dec. 1, 1931
4s, A &0, $25 0000 ...Oct 1,1909 3^s,'05,MctN, 71,000 May 1,1925
4s,
4s,

M&N,
A&O,

25.000
15.000

c.

c

.

Nov.

1,

1914

Oct. 1, 1914
(Subject to call after Oct. 1, 1904)

Water rtoNDS—
M&N, S20.000 c.May

4s,
4s,

F&A

1,

1908

v .000c Feb., 1906 to'09

4s,

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

1,-'10-'19

Town of New Haven Debt.
July 1, 1910
Air Line RR. bonds.... 1889 3»a J & J
($25,000 due yearly) to July 1, 1929
Funding
July 1, 1909
3>a J & J
Subject to call after July 1, 1899
July 1, 1939
Park bonds
1889 3% J & J

$500,000
200,000
100,000

Subject to call 1910

do
*

do

4

Exempt from

J&J

July

1,

1939

100,000

taxation.

New Haven

City School District
1921-1924
4b, M&N, $70,000
1925-1928
1909-1920 4s, F&A. 75,000
4s, F&A, $230,000
M&N,
1929-1934
4a,
125,000
($20,000 yearly on Aug. 1.)
for
$1,000 each
PAR VALUE OF BONDS.—The bonds are all
except the $185,000 bridge, $480,000 funding and $200,000 paving
bonds, which are for greater amounts.
INTEREST on all issues is paid at the City Treasury.

LOANS—

When Due.

TOTAL DEBT, SINKING FUND, Etc1,
tiepl.

20,'05.

Jan.

'05.

Jan.

1, '01.

Jan.

1, '03.

Bonded debt of city. ..$1,872, 500 $1,897,500 $1,937,500 $1,897,500
900,000
900,000
900,000
900,000
Old debt of town
500,000
500,000
500,000
500,000
Old debt of sch'l dlst.
Total bond. debt.. $3,272,500
15,000
Floating debt

$3,297,500 $3,337,500 $3,297,500
299,000
275,000
350,000

Total debt
Sinking funds

$3,287,500
145,897

$3,596,500
136,628

$3,612,500
85,321

$3,647,500
29,664

$3,141,603

$3,459,872

$3,527,179

$3,617,836

Net debt

VALUA HON.—

The city's assessed valuation and tax
ASSESSED
rate have been approximately as follows, real estate being; taken at
"about 51 per cent actual value" uutil 1900, when the basis of valuation was raiscl to full value:
Kate of Tax
Total
Mate of Tax
Total
Valuation. per $1,000.
Valuation. pcr$l,000. Tears.
Years.
1897
$13 25
$57,683,452
$24 00
22-50
1896
106,3^6,539
1325
56,000,000
13'25
1895
2100
104,660 554
53,800,000
1893
103,4'0.932
1275
2100
54,500,000
19-50
1891
2100
51,995,329
66,041,453
19-50
1800
1890
62,159,080
52,171,131
The Grand List docs not includo property estimated as foUows on
October 1, 1904:
Yale College, estimated at
$9,075,115
School-houses, estimated with contents and land
l,>-65,825
5,115,350
("hurebes and institutions
2,791,795
State, county, town and eity public property
Railroad property and other lawful exemptions
5,98 7,183
Total
$24,835,268

1904
1903
1902
1901
1899
1898

$109 262.817

—

CONNECTICUT-CITIES AND TOWNS.

NOV., 1905.

POPULATION.— In

298; in 1880

1900 (Census) was 108,027; in 1890

it

was

81,-

was 62,882.

it

W DNnDN

1\/T

-

i

Interest

rated 1855.

4s, J&J, $21,000, o.July
4s, J&J,
63,000, o.July
4a, J&D,
40,000. ©June
4s, M&N,
60,000, O.May
3*28, J&D. 100.000,
Deo.

3iss,g ,J&J,200,000,c&r.J'ly 1, '26
Total debt O.-t. 1,1905. $1,0*86,500

1919
1920
1924
1,1925
1, 1931

1,
1,
1,

Sinking fund ...
25,504
Water debt (inoluded) .. 601,000
Assessed valuati'n '04.. 12,821,104
Assessment about 23 actual value.
Sewer Bonds—
4s, J&J, $10,0 0, r..July I, 1917 Tax rate (per $1,000| 1904.$! 600
3i28,.T&J, 35.000, o.July 1, 1911 Population 1890
13,757
3i2S,J&J, 20,000, r. July 1,1919 Population 1900 (Census).. 17,548
INTEREST is payable at the New London City .National Bank.

K

of Norwalk, in Fairfield County, contains the city of
Norwalk, (incorporated June 30, 1893.) whose debt is included below.
The city of South Norwalk, whose statement is given under its own
name, is also in this town.

The town

CITY OF PUTNAM.

Refunding Funded Debt—

Sewer Bonds—
July 1,1907
July 1,1908

J&J, $75,000
J&J, 75,000

Refunding Water Bonds—

J&J, $200,000. July 1, '29
Subject to call after Jan. 1919.

Municipal Purposes—
J&J, $50,000, g..May 1, 1935

INTEREST

on the gold bonds

LOANS—

When Due.

Exchange National Bank; other interest payable in Norwalk.
Town Debt, Valuation, Etc.

Funding Bonds—

$300,000Oct.
3%}, A&O,
Town bonds, 100,000

Total debt Sept.

1, 1905.. $51 6,500
Sinking fund
3«,639
Tax valuation 1904 ..$14,202,651
Tax rate (per $1,000) 1904. .$7-50
Population in 1900 was
19,932
Population in 1890 was
17,747

1913
1921
Bonded debt Sept. 3, '05.. $400,000
Floating debt
116,^00
1,

Ohas
NORWICH—
New London

'Thayer Ma*or.

F.

is in

City of Norwich

LOANS—

DEBT—LaL

A&0,$) 00000 c.Apr.1,1908
J<*J,

S^s. J&J,

000

f

150,0i>0 c Jau.l,

A&O. 125.000

Treasure?-.

J

•

923

.
.

Oct.l, H'13

c

Norwich

'<>5,

—

J&J. $117, 000. Jan.

A&O, $115,000

tal debt Sept. 15, 1905. 295.301
Sinking fund
8.320
NetdebtSept 15.1905.. 236,981.
Assesa'd valua'u 1904 14,517,:-t90
T .wn tax (per $1,000) 1905 $7-50
Population ia 190i (est.). ..28,000
Population in 1890
23,048
Population
1900
24,637

1913

Town of Preston Bonds—
3-408. J&J. $50.0)Oo....
1920
Town Deposit Fund 6s
On demand

I

I

$13,301

PAR,— Bonds are

all for

I

m

New Haven

is in

1,'05... $50,000

. .

Arthur

Tolland County.
When Due.

T. Bissell, Treasurer.

Bonded debt

Oct., 1905. .$210,000
Sinking fund
6,499
Interest payable at Treas'r's ottlce.
Assessed valuation '05. $5, 137, 831
Tax rate (per $1,000) 1905 $7'00
Population in 1 890 was
7,772
Population in 1900 was
7,287

Sewer Bonds—
J&J, $50,000 c....Jan. 1, 1926
Optional after Jan. 1, 1900.
4s, J&J, $90,000 o....July 1, 1927
4s,

Filtration ko.sds—
July, 1935
J&J, $70,000

4s,

SOUTHINGTON.—E. G.

NORWALK.-

Lewis, Treasurer

Incorporated 1779.
Total valuation 1904 ..$3,879,794

This town is in Hartford County.
When Due.
LOANS
1907-1927
4s, J&J," $90,000
($30,000 due every 10 years.)
Bonded debt O t., 1905. $90,000
29,6)5
Sinking fund O t. 1. '05.
60,395
Net debt Out. 1,1905...

Assessment 80% actual value.
rate (per $1.0001 1904.$12-50
Population 1900 (Census).. 5,890
Population 1890 (Census)
5,501

Tax

E. DOW, Mayor.
J R. TAYLOR, Clerk.
This city is in Fairfield County. Incorporated Aug. 18, 1870.
WlienDue.
LOANS—
Water Bonds— (Con.)—
Electric Light Bonds—
4s, J&J, $12,500
Apr. 1. 1910
4s, A&O, $20,000.... Apr. 1,1928
4s, J&J, 47,500
Apr. 1. 1911
Library Bonds—
4s, J&J, 30,000
July i; 1925
4s, A&O, $5,000
Apr. 1, 1928
(40,000 o.July 1,1925
Refunding Bonds—
4 s,'05, J&J, 1 40,000 o.July 1 1 930
C $30,0r0c.Sept.l,'25
( 40,000- July 1,1935
4s,'05,M&S,3 30,000 j.Sept.1,'30 Bond, debt Jan. 5, 1905... 306,000
( 30,000 c.Sept.1,'35
Floating debt
117,450
Funding Bonds—
Total debt Jan. 5, 1905.. 423,450
($2:5.0 Oo July 1, '25 Water debt (included)
238,500
4s,'05,J&J,^ 25,000 o July 1, '30 Assessed valuation '04. .5,134. 798
2
',000 o.July 1, '35 Assessm't about 60% actual value.
C
Water Bonds—
City tax (per M.)l 904
$7'25
4s, J&J, $52,000
July 1, 1909 Population in 1900 was
6,591
4s, J&J,
9,000
July 1, 1910
INTEREST is payable in South Norwalk.

SO.

CHAS.

5

I

is

N. Travis Treas.

in Fairfield County.

When Due.

May
Nov.

1,
1,
1.

1906
1906
1914
1914
1921

1,

1921

Interest payable at Stamford.
Bond, debt Dot. 1,'04.. $210,000
Floating debt
60,000
Total debt Oct.l, 1 904
270,000
Sinking fund Jan.l 1 '04
45,791
Net debt Jan. 11, 1904.
174,709
Tax valuation 1903
17,075,876
Assessment abt. 75% actual value
Population in 1900 was
15,997
.

MAN.

city's

was $7-10 in one district, $5'40

— C. E

Thompson,

When Due. Floa-ing debt
1M0<> Tax valuation

g J&D, $35 000
Bond, debt Sept. 18, 1905$35,000

|

When Due. Bonded debt Apr.

AttO, $91,000 c ...Oct.

This

is

LOANS—

4s,'04,.I&D, *5O,000c

1,

1910

I.

1, *05...

Koberts, Treasurer.
Assessment

Deo. 1, '24
payable office Town Treas
Bonded debt April, 1905. .$50,000
.

Int.

$30, ^00

J

$1,574,830

actual value.
Total tax (per $1 .000) 19( 4.$15-00
Population in 1890 was
3,278
fioo^,

Population in 19o0 was

3,300

5 S AAC
BROOK*, Treasurer.
TTMr>lz>TTvrr-"-r
I Ulrtx-CIINLxl r^M
UJN. ) WM. W.W.
BTERCK, Clerk.
This town (and the borough of the same name) is in Litch9eld County.

Mitchell, Clark

—

DfM of Town.

Bonded debt O t. ., 05. $257,000
Tax valuation 1904
1,:h01,6>7

J&J, $85,000... July 1, 1909 Assessment about 23 actual value.
3^8, .T.tJ, 90,000... July 1,1919 Total tax (per M.) 1904 .... $22-00
4s,'05 M&N, 77 000
Nov. 1, 1925 Population in 1905 (est.)
4,000
Interest payable at Town Treas'y.
Population in 1900 was
3,856
TAX FREE.—The bonds of the town are exempt from taxation.

1,'05. $340,000

When Due. Tax valuation 190

,

S.

Floating debt
Total debt, Apr.
Sinking funds

in Litchfield

Refunding Bunds—

Prts.

in Middlesex County.

When Due.

in Fairfield County.

THOMASTON.—
P.
town
County

1904.. .5,320,480
School tax (perM.) 1904
$2-00

PORTLAND.—
Robert
town

is

225,000
565,000
Schools and Bridges, 1893131,409
4s, F&A, $96,000 c.Aug. 1, 1923 Netdebt At»r. 1, 1905 ... 433,591
High School—
Tax valuation 1904
19,306,882
4s, F&A. $75,000 c....Aug. 1, 1914
Assessment about actual value.
Funding Bonds—
Town tax (per $1,000) 1905.. $8-50
4a, F&Ag, $75,000c... Feb. 1, 1927 Population in 1890 waa
15,700
Population in 1900 was
18,839
INTEREST is payable at office of Town Treasurer.
4s,

County.

Orange Union School Dist

3-658.

ROCKVILLE.

Town Hall, 1890—

When Dae. Tax valuation 1904
$4,415,957
Funding Bovds (Colo)—
Assessment is ^ actual value.
4s,g, J&J, $100,000 c.Jan. 1, 1916 Town tax (per M.) 1904
$10-00
4s, ff.'O'., J&J, 200,000 Jan. 1,1925 Population in 1890 was
4,537
Bond, debt Sept. 15, I905.$;*00,000 Population in 1900 was
6,995

LOANS—

2,700
Floating debt
3,107
Sinking fund
Assessed valuation '04 1 ,192,11
Tax rate (per 1,000; 1904. ..$6-00

LOANS—

LOANS—

Refunding Bonds—

1922.)

Bonded debt April

5,581
9,093
2,340.387
Total tax (per $1,000) 1905. $700
2,626
Population in 1900 was

This

I

is

1932

1,

1.

STAMFORD
(Town).— H. G. Waterbury, Tr.
town

5

This

Jan.

$1,000 each.

A. MAIN, 1st Selectman
OT3
A Ktnvr — WALTER
v-'r-V-AiNLj.E,.
JAMES C. HYDE, Treasurer.

LOANS—

J&J, $50,000 o

(Subjeot to call after Jan.

$25,000.. .Nov. 1,1921
taxrate (per $1,000) in 1904
in another and $3-30 in the third.

$42,199 95

M

3»e8,

fund assets
Tax valuation 1904

The

PROPERTY.—

4iflB.

K. Scott, Clerk.

Floating debt

3^8.

on city bonds is paid in Norwich, except funding 5s due
1907, whic-h is payable in Boston.
The city owned property in 1904 valued at
CITY
$1,576 46. This included buildings, fire department, etc., as well as
water works, which were held at $^50,000. In ttie year 1904 05 the
regular receipts of the waterworks were $58, "96 31; expenditures

in

7,348
6,512

|

(Subject to call after Aug. 1, 1917.)
Bonded debt Oot. 1, 1905.. $60,000

Funding Bonds—
M&S, $60,000. Mar.
Refunding Bonds—

INTEREST

is

I

2,235
When Due. Population 1890 was
LOANS—
Borough Bond*. Wm. H. Beers, Tr.
Funding Bonds—
Bonds—
Sewer
3^s,g., F&A, $60,000. Auc. 1, 1929

3ies.ff,

TAX FREE.—All bonds areexempt from taxation.

This town

'04... $9-00

tax (per $1,000)

Popula ion 1900
Population 1890

I

in Fairfield County.

4s, J&J, 5O,0o0
July
4s, M&N, 25,000
Nov. 1,
3i2S,g. M&S, 25,000. Mar. 1,
4s, g., M'N, 60.000.. ..May 1, '24

T

1,'25

Refunding Bonds—
S^es.

is

LOANSSewer Bonds—
4s, M&N, $5,000
4s, M&N, 20,000

Cn*s, S. Hoi brook, Treasurer.
When
Due. Bond'ddebt Sept. 15,'05.$282,000
LOANS—
Refun'g Court-House Bonds— Floating debt
13,301

3*28.

This town

This city

,

4s,>05,M>.tS,$430,000.Sept.l, 1930

of

RIDGEFIELD.—H.

Town

I

Floating debt O t. 1905. $94,50 S
Assessed vaiua'n 04 ...3,224,613
Assessment about 3t actual value.

STAMFORD (City).— Wm.

i

J&D. 1- 6,000 c.Junel, 1925
REFUNDING BoNDS—

3JfiS,

Town

voted, but not yet issued.]
4., 1905.. None.

Bonded debt O

. . .

.

0. Jan. 1,1910

Funding Bonds—
5s, a&O, *ie:0 000 c.Apr.l, 1907
58.A&0,
50 000 0. Apr. t, 1908
4s,

Pe k

debt May 1,'05. .$1,257,000
Floating debt
50.000
Total debt May 1, 190
1,30 000
Sinking fund
.
273.000
>-etdebt May. 1905... 1,034.000
Water debt (included)
360.000
Total valuation, 1904 11,098.9^7
City tax (per HI. 000) 1 904 .$10-50
Population, 1900
17,25
Population, 1890
16,156

When Due. Bond,

Wat Kit BondsSB,
5s,

|

,

County. The city and town have separate
governments, keep separate accounts and have separate debts.

Norwich

I

.

3*28, g.,

4s, g.,

1,1935

313s, J&J. 80,000.
luue 1, 1928
Subject to call after June 1, 1923.
Bond, debt Mar 1, '05 ..$5*0,000
Floating debt
10,000
Total debt Mar. 1,1905
590,000
Sinking fund Mar. 1, '05
49,000
Net debt Mar.l, 1905.... 541,000
Water debt (incl)
330,000
Tax valuation 1904
4,995,727
Assessm't about 9m actual value
City tax (per $1,000) 1904.. .$8-00
Population in 1900 was
6,125
due in 1935 Is payaDle at American

Subject to call after Jan., 1919.

|

LOANS—

4s,g.,J&J, $50,000.. ..May

S^s, J&J, $50,000... July 1,1929

I

This City

City Debt, Valuation, Etc.
Water Bonds—
When Due.

LOAN S—

Incorpo-

Sinking fund
$4,919
Street Impt. Bonds—
3,050,957
3^8, J&J, $40,000 c.July 1, 1929 Total valuation 1904
8'00
Bonded debt Jan.l, 1905. $40,000 City tax (per M.) 1904
6,667
15,250 Population in 1900 was
Floating debt
TOWN OF PUTNAM.— F. W. Seward, Town Clerk. [$100,000 bonds

Si nking

$ J. BELDEN HURLBUTT, City Clerk.
£ HERBERT R. SMITH, Town Clerk.

lSFORAAT*
AT
v-r.LT. vv AUi:v.

J.-*

Clerk.

°-

County.
is in
payable at Putnam National Bank.

is

1

4s,
J&J,$116,000,o.July 1, 1919
Park Bonds—
J&J, 60,000 o... July, 1924
4s, M&N, Si25,000,r..May 1,1923 4s,
3^s, J&J. 225,000. o.Jan. 1, 1920
School Bonds—

41

P
LEARY,
DT t-TTvT
A
1 IN AJVI.
PU
—
Jc. H. BROWN, Treasurer.
Windham
and town of same name
This
city

Mayor.
NTT7'\A7
T ^>»1N Ul^/IN \ BRYAN F. MAHAN,
H,
IN
1_
I CAREY CONGDON, Treasurer.
The town and city (located in county of same name) are under one
government and the following statement includes both. Incorporated
town, 1646; city, 1784
Funding Bonds—
When Due.
LOANS 3i2S.g.'05,A&O,«i00,000c.Ocjt. '35
Annexation Bonds—
Water Bonds—
3>2S. Fa A, $11,500, C.Aug. 1, 1919

4s,
4s,

5

I

Debt of Borough.

Float. debtOot.,"'05

$94,000

Sewer 4s, J&D. $30,o< Oo
Bonded debt Apr.l, 1905.

..14,500

Population 1900 (est.)
Population in 1890 was

1924

Town valuation 1904
7,532,375
30.000
Town tax (per M 1905 ...$1200 Floating debt
43,700
Population in 1890 was
6,048 Borough assessm't 1904.6,214,765
Population iu 1900 was ...12.453 Borough tax (per$l,000) '05. $5-00
)

.

Population in 1905
'

.

(est.).

8,360
4,283

CONNECTICUT—CITIES AND TOWNS.

42

VERNON.—F.

4s,

When J>ue. Bonded debt Oct. 1.'05.. .$235,000
55,123
Floating debt
Railroad Bonds 1896—

48,
4s,

(P. O. Rockvillo.)

LOANS—

I

I

J&J, $60,000 ©....July

3s,

1.

Memorial Hall, 1889—

1906

INTEREST

Is

|

|

M&N,

$125,000 c Nov. 1, '19
(Optional after Nov. 1, 1899.)
High School, 1892—
8, J&J, $50,000 c.. July 1, 1922

3*28,

payable at the

|

Total debt Oct. 1, 1905... 290,123
... _ o.Oil
Sinking fund.
5,749,357
Tax valuation 1904
Assessment about actual value.
Town tax (per $1,000) 1904. $6-50
8,808
Population in 1890 was
8,483
Population in 1900 was

Town Treasurer's office.

A&O,

$100,000.... Oct.

Optional after Oct.

Water Bonds—
A&O, $50,000
A&O, 50,000

1,
1,

Sink'g fund Nov.

1925
1910

.

1,1909
1,1914
1,1924
'04.A&O, 50,000oOct. 1, 1929
Bonded debt Nov.l, 1904 $325,000

is,
4s,

Oct.
Oct.
Oct.

A&O, 75.000

1, 1904.
1, 1904

$376,200
44,598
Water debt (included)
225,000
Water sink, fund (incl'd)
16,088
Tax valuation 1903
4,112,026
Interest payable at City Treasury.
Assessment about ^ actual value.
Tax rate (per $1,000) 1904. $1000
Population in 1890 was
8,648
Population in 1900 was ... 8 ,937

Municipal Bonds— (Coupon. )—

Kailroad bonds are

This town is in ToUand County
tax exi inpt.

When Due. Total debt Nov.

LOANS—

B. Skinner, Treasurer.

[Vol. lxxxi.

. .

51,200

Floating debt

WINCHESTER.—
Charles H. Bassett, Clerk.
town
County, and
Winsted Borough.
This

is

contains

in Litchfield

LOANS—

When Due. Tax valuation 1903
$4,852,758
Town Bonds— 1902—
Assessment about actual value,
aiss, M&N, $66,000..May 1, >06-'16 Tax rate (per $1,000) 1904. $10-00

WM. H. NEWTON, Town Treas.
G.THOMPSON, Boro. Treas.
situated in New Haven Co.
is
ord
WaUingf
of
The town and borough

WALLINGFORD,

5

BOROUGH DEBT— (Con.)

TOWN DEBT—

Water Bonds—
1924
4s, M&N, $100,000
Sewer Bonds—
3-658, M&N, $48,000.1906 to 1929
May 1, 1913
Bonded debt Sept. 1, 1905. $78,000 4s, M&N, $25,000
Municipal Bonds—
29 022
Floating debt
Total debt Sept. 1, 1905. .107,022 4e, M&N, $45,000... .May 1, 1923
Refunding Water Bonds—
Tax valuation, town, '03. 5.781,f-61
Town tax (p. $1,000) 1904. $1000 3i2S, J&J. $48,000. July 1, '05-'12
1927

J&D, $30,000
Refunding Bonds—

4b,

Borough bonded
Oct. 1,1905

6,584
Population town 1890
Population town 1900 was.. .9,001

BOROUGH DUST.

$50,000 Nov. 15, 1929
Electric-Light Bonds—

M&N.

3*28,

M&N, $55,000... May

1,

debt

323,000

Asses'd val'n Bor.. 1903.2,994,539
Boro tax (per $1,000) 1904. $7-00
4,230
Population in 1890
Population in 1900 was
6,737

Funding Bonds—

3iflS,

1925

NTEREST is payable at the First National Bank of Wallingford.
WALLINGFORD CENTRAL SCHOOL DlSTRICT- -W. H.

I

Newton,
LOANS—

Treasurer.

When Due. Bonded debt June 1,1905 $87,000
1914

$18,000

4b,

15,902
Floating debt
Assessed valuation 1904.3,294,005
Assessment ^ actual value.

caU after 1904.)
1927
40.000

(Subject to

48

.

,

26,000Nov.l,19G7-1919
($3,000 due in odd years to 1917.)

3^8

Bonded debt May 1905.... $66,000 Population

,

WINSTED.— Henry W.

W

<-

1

-,

I.

5

H.

.

New Haven

County. The city, town and school
governments were consolidated in January, 1900.
This city is in

Water Bonds— (Con.)

When Dae.
Court House Bonds—

LOANS-

4s,

J&J, $30,000. Jan.

1,

3»ss,'04.J&J$<>5,000c. Jan. \ '06-24

Storm Water ok ainageBonds—

190?&'13

School Bonds

SVs.'Ol.J&J.-^.OOO.Jan.Voe-^e
Consolidated Fond'g Bonds—
3ks. J&J, +70,000. July 1,1 906-*12
Interest is payable in Waterbury.
Bond, debt oct.2, 1905. $1,789,000
25.000
Floatingdebt
Total debt Oct. 2, 1905 1,814,000
Rinfting fund assets
132,674
Net fleet 0<t. 2, 1905 ...1,681 .326
Water debt (included)... 865,<:00
Waters, f (included)-... 126,^44

4s, , 86.M&N.$5O,O0O.Mayl, "Ofi-lO
4s, '97. J&J,200.000..Tuly 1/27-16
(Subject to oall a"cr July 1, 1912)
3i*8,'01, J&J ,$270,000.1 an. 1*06 32

Funding Bonds—
3^s,'99J&J,*90,000.J'yl,'06to'14

Bewer Bonds—
4B,'83,J&J,$2O.000.Julvl,1906-09
3W04..T&J, 10,000 c. Jan 1, 1934
3i«H,'05,J^J, 100,000. Jan. 1, 1935

Water Bonds—

Totiil

valuation 1903... 43,789,282

Assessment nbnut actual value.

4b '94, J&J, $"5,000... Jan. 1,1906
($5,000 due yearly) to Jan. 1, 1918
4s,'94,J&J. 400,000. Jan. 1, 1919
4s, '95, J&J, 200.000.. Jan. 1. 1920
3J29,'01J&J, 105,000 .Jan.'06to'26

Total tax (per $1,000) 1904. $1500
Population in 1890 was
28,646
Population 1900(Ceusus) ..45,859

INTEREST on court house bonds, on funding bonds of 1899 and on
scbool bonds of 1897 is payable at Nat. Park Bank. New York; on
water bonds of 1895 and 1901 and sewer bonds of 1904 and 1905 by
New York draft; on school bonds of 1886 at Waterbury National
Bank; on all other issues at office of City Treasurer.

WEST HARTFORD.— Henry
Treasurer.

—

This town

LOANS—

Refunding Bonds—
M&S, $30,000

4s,

Subject to call

Funding Notes—
4B.A&0, $5,000

Is in

When Due. Funded debt

Whitman,

Oct. 1,1905 $80,000

Floating debt

107,503

1920 Tax valuation 1904
3,055,798
after 1910 Assessment is *2 to 3t actual value.

Town tax

1905-1907

Road Bonds—

4s,

C.

Hartford County.

(per $1,000) 1905.$14-00
Population in 1890 was
1,930
Population in 1900 was
3,186

1920
o
Subject to call after 1910

M&S, $45,000

T TTV/T A TVTTTf
"\X7-TT
I 1L/.
W1LJ_,1JV1.A.1N

<

OSCAR

}FRED.
>FRED.

O.
A.

TANNER, Mayor
SANDERSON. Treas.
Tr*
SANDERSON,

This oity is situated in the town of Windham,
oorporated la93.

Windham County,

In-

1890 was

6,183
7.763

Robinson, Treasurer.

This borough is in Litchfield County.
Bond, debt 4s,May 1,1905.$80,000 Assessed valuation '03. $4,399,870
Floating debt
3-00
105,500 Tax rate (per M) 1904
Total debt May 1, 1905. .. 185,500 Population 1890 was
4,846
Population in 1900 was
6,804
I

|

I

I

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding minor civil divisions
In the State of Connecticut wliich have an indebtedness of over
$25,000, and whloh are not represented among the foregoing detailed
reports. We add the population from the U. S. Census of 1900.
IndebtGrand
Location.
edness.
List.
Berlin (Town), Hartford Co
$30,870 $1,258,379
Bethel (Boro). Fairfield Co
32,i00 1.031,558
Bethel (Town), Fairfield Co
68,642 1,263,884
Bloomtield (Town),Hartf'dCo.. 79,511
M20.109
Branford (Town), New Haven Co. 113,813 2,612,274
Bristol (Borough) Hartford Co.. 94,000 4,375,205
Brooklyn (Town), Windham Co. 36,953 1,095,249

Canton (Town), Hartford Co
Colchester (T.), New London Co.
Cromwell iTown), Middlesex Co.
Darien (T.), Fairfield Co
East Haddam r.).Middlesex Co.
East Lyme (T.), New London Co.
Easton (Town), Fairfield Co
East Windsor (T.), Hartford Co.
Essex (Town), Middlesex Co....
Fairfield County
Farmington (T.), Hartford Co...
Griswold (T.), New London Co..
(

GOODRICH, Comptroller.
„r A
A.
A
t-it->t->tttz>-\7'
i li.Jrtr5Ui-(. I — }GEO.
NETTLETON, Clerk.

in

Population in 1900 was

lO.

Hamden

(T.»,

New

51,500 l,146.<i85
45,000
850,000
62,819
942,590
25,400 3,257,490
51,359
764,045
9.K 0,000
36,000
25,000
480,957
62,000 1,210,794
48,000 1,029,624
65,000 160000000
100,000 2,000,1 00
76,000 1,979,150
Haven Co.... 55,700 2,271,252

Hartford County
160,000150731169
44,V53
Hebron (Town), ToUand Co
412,212
Jewett City (Boro ), N.Loudon Co. 44,225 1,529,875
Lyme (Town), New London Co.. 42,432
249,023
Malison (T.). New Haven Co.... 32,000 1,029,095
Manchester (T ), Hartford Co... 132,200 10,969,146
Mansfield (Town), Tolland Co... 33,880
662,151
Meeting House School District. 50,000 5,000,000
Milford (Town), New Haven Co. 80,700 3,775,124
Montville (T.). New London Co. 42,620 1,653,072
New Canaan (T.), Fairfield Co... 1)5,755 2,023,295
New Hartford (T). Litchfield Co. 55,500 964,000
New Milford (T.), Litchfield Co.. 72,000 2,170,151
Newtown (Town), Fairfield Co. . 44,000 1,390,000
Norlolk (T.),LitchtteldCo
30,000 1,026,090
North Canaan (T.), Litchfield Co. 38,855
938,666
North Haven (T.), New Haven Co 45,608
927,379
No. Stonington(T.i,N. London Co 32,383
403,371
Old Lyme (!'.), New London Co. 26,374
616,088
Old Saybrook (T.), Middlesex Co. 30,738
Plaiutield (Town), Windham Co. 53,000 1,950,000
Plainville ( Town), Hartford Co. 53,200 1,967,625
Plymouth T.), Litchfield Co.... 54,271 1,128,464
Preston (T.), New London Co... 50,000
582,739
Redding (Town), Fairfield Co
39,815
692,500
Rocky HilUTown), Hartford Co. 25,111
433,079
Roxbury (Town), Litchtield Co.. 28,234
427,000
Saybrook (Town), Middlesex Co. 32,412
949,020
Seymour (T.), New Haven Co.... 34,000 2,964,551
(Boro.).
Shelton
Fairfield Co.... 36,417
South Norwalk Sch. Dist.
50,000
80. Windsor (Town).Hartford Co. 37,500
897,227
Sprague <T.). New London Co... 91,000
840,628
Stafford (Town), ToUand Co
36,000 1,912,490
661,166
Stonington (Bor.), N.London Co. 25,000
Stonington(T.), New London Co. 78,000 5,403,392
Strati ord (Town Fairfield Co.. 93.300 1,548,610
Suflield (Town), Hartford Co... 49,700
Waterford (T), New London Co.100,000 1,200,OUO
Watertown (T), Litchfield Co.
61,152 1,497,0 10
Weht Haven (B.), New Haven Co. 42,500 5,688,538
Westport (Town), Fairfield Co... 102,459 2,254,597
Wethersfield (T), Hartford Co.. 35,151 1.490.C00
835,765
Wilton (Town), Fairfield Co
39,000
Windham (Town), Windham Co.. 189,040 5,595,515
Windsor (Town), Hartford Co... 112,406 1,586,735
Windsor Locks (T), Hartford Co. 104,507 1,691,034
915,139
Woodbury (Town), Litchfield Co. 39,036
,

.

T.— Town.

B.— Borough.

Tax

Popu-

Mate.

lation.

$1300
1000
17-50

1500

400
1000
1700

18 00
18 00
7-00

1600
1500
1300
1500
1^00

3,448
2,561
3,327
1,513
5,706
6,268
2,358
2,678
1,991
2,031
3,116
2,485
1,836

960

3,158
2,530
10 184,203
1300
3,331
1000
3.490
1900
4,626
0-25 195,480
lb-00
1,016
5-00
2,224

16 00
12-00
8

00

1500

300
800
1600
1100
1300
1400
1800
15-00
12-50

15 00
16-50

1500
1650
1400
1400
15 00
12-00

1500
1400
15-00

1500
1000
5 00
1-25

2000
15 00

2000
1000
1000
17-00

1050
15 00

1500
3-50

1200
1000
13 00

1100
1800
1000
15 00

750
1,518
10,601
1,827
3,500
3,783
2,395
2,968
3.424
4,804
3,276
1,614
1,803
2,164
1,240
1,180
1,431
4,821
2,189
2,828
2,807
1,426
1,026
1,087
1,634
3,541
2,837
8,000
2,014
1,339
4,297
2,278
8,540
3.657
3,521
2,904
3,100
5.247
4,017
2,637
1,598
10,137
3,614
3,062
1,988

—

,

43

Debts and

Resources

OIF1 TIE3rE!

TXIIZ!

I1ST

MIDDLE

STATES,

INDEX FOR THE MIDDLE STATES,

NEW YORK— State, Cities, &c
NEW JERSEY— State Cities, &c
PENNSYLVANIA— State,

State of

&c

Pages 63 to 71
Pages 71 to 79

DISTRICT OF COLUMBIA
are found in

New

York,
Etc.

...

One of Original Thirteen
Admitted as a State
50,203
Total area of State (square miles)
AlbanyState capital
Governor (term expires Dec. 31, 1906) - Frank W. Higgins
Sec'y of State (term expires Dec. 31 1906) - John F. O'Brien
Treasurer (term exp. Dec. 31, 1906) John Gr. Wallenmeier Jr.
Otto Kelsey
Comptroller (term expires Dec. 31, 1906) ,

Legislature meets annually the first
of sessions is not limited.

Wednesday in January,

and length

DEBT—

The historical details of New York's State
HISTORY OF
debt from 1817 to 1894 will be found la the State and City Supplement of April, 1894, page 41.
During a period of eleven years ending in 1893 the State debt was
paid at the average of $1,000,000 per year, and practically wiped out.
At the November election in 1895 the proposition to issue bonds of
the State to the amount of $9,000,000, for the purpose of enlarging and
improving the Erie Canal, the Champlain Canal, and the Oswego Canal,
was submitted to the voters and carried. These bonds were all Issued,
but $499,334 have been paid on* from the proceeds of the tax levied
for a sinking fund, leaving outstanding Oct. 1, 1905, $8,500,668. In
1903 a furtner i«sue of $101,000,000 canal bonds was authorized and
up to dite $2,000,000 of these bonds have been sold. The State's
total bonded deot on Oot. 1, 190% was $11,155,660 and the sinking
fund $4 607,457 97. Details of loans follow:

LOANS—

-

Interest.

—

•Principal.
Due.
Outstand'g.

Rate. Payable. When
NAME AND PURPOSE.
Canal bonds, g.,reg., 1896.r 3g.
J&J
Jan. 1, 1906
Do
do
do 1897.r 3g.
J&J
Jan. 1, 1912
do
Do
do
1898.r 3g.
J&J
Jan. 1, 1913
do
Do
1905
do
3g.
Jan. 1. 1923
J&J
Do
do past due.
Adirondack Pk.Bonds,1898r 3*2
F&A
1907-1908
Public Defense Bonds, i899r 3 »a
M&N Mayl. 1906
Comptroller's Certittcates.r 3
J&J
1906

$1,270,000
4,000,000
3,230,000
2,000 000

660
400,000
100,000
55,000

STATE DEBT FOR OVER SIXTY YEARS.-Below we

amount of the State debt on
1905
1904
1903
1902
1901
1900
1899
1898

$11,155,660
9,4 1O.660
9,665.660
9,920 660
10,075,660
10,130.660
10,185,660
9,340,660

give the

Sept. 30 in the years

1897
1893
1892
1891
1890
1885
1880
1875

$6,265,660

660
763,160
2,927,655
4,964,304
9,461,854
8,114,054
28,328,686

named.
1870
$38,641,606
1865
50,861,349
11860
34,182,975
1850
23,537,874
1840
18,385,309
1830
8,635,035
1820
2,983,500
1816
2i905;535
I

|

i

TAX VALUATION, TAX RATE, ETC-Large increase in values
for

1904 due mainly to New York City's real estate property being asThe tax rate for 1905 has been fixed at

sessed at about full value.
$0-154 per $1,000.

_

Slate Tax.
Total

Valuation.
Total~Equalized Rateper
Real Estate.
Personal.
Valuation.
$1,000.
1904.$6,749,509,958 $696,966,169 $7,446,476,127 $013
1903 5,2"7,763,832 556 736.239 5,854,500,121 0-13
1902. 5,169;308,070 585,092,312 5.754 400,3-42 013
1901. 5,093,025,771 593,895,907 5,686,921,678
1-20
1900. 4,811,S93,059 649,709,693 5,461.302,752 196
1899. 4,413,848,496 662,548,328 5,076,396,824 2-49
1898. 4,349,801,526 548,809,493 4,898,611,019 2-08
1897. 4,041,826,586 465,159,108 4,506,985,694 2-67
1896. 3,908,853,377 459,859,526 4,368,712,903 2-69
1895. 3,841,582,748 450,499,419 4,292,082,167 324
1892. 3,526,645,815 405,095,684 3,931,741,499
1-98
1890. 3,298,323,931 385,329,131 3,683,653,062 234
1875. 1,960,352,703 407,427,399 2,367,780,102 600
1870. 1,532,720,907 434,280,278 1,967,001,185 7-261*
1859. 1.097.564,524 307.349,155 1,404,913.679 2-50
>

Tear.
'

'

„

Levied.

$9o8,042
761,085
74 S, 072
6,824,306
10,704,153
12,640,228
10,189,111
12,033,652
11,751,838
13,906,346
7,784,848
8,619,748
14,206,680
14,285,976
3.512.284

DEBT LIMITATION—State.—The new Constitution has in some
measure modified the provisions of the fundamental law restricting the
of the Legislature over the issue of debt, &o. These provisions

power

Cities,

&o.

Pages 79 to 80

Cities,

&c

Pages 80 to

Page

We give the seotions of that article

Article 7.

81.

81
(Article 7D

below which have reference to the subject.
State credit not to be given.— Section 1. The credit of the State sha)A
not in any manner be given or loaned to or in aid of any individual

ITS

DEBT, RESOURCES,

Etc.

DELAWARE—State,
MARYLAND—State,

Pages 43 to 63

Cities,

CITIES,

association or corporation.
Stale debts, power to contract.— Sec. 2. The State may, to meet oasnail
defloits or failures in revenues, or for expenses not provided for, contract debts; but such debts, direct or contingent, singly or in the aggregate, shall not at any time exceed one million of dollars; and the)
moneys arising from the loans creating suoh debts shall be applied to
the purpose for which they were obtained, or to repay the debt so oou
tracted, and to no other purpose whatever.
Slate debts to repel invasions.— Sec. 3. In addition to the above llmitecl
power to contract debts, the State may contract debts to repel invasion,
suppress insurrection, or defend the State in war; but the money arising from the contracting of such debts shall be applied to the purpose
for which it was raised, or to repay such debts, and to no other purpose
•

whatever.
Limitation of legislative power to create debts.— Heg. 4. Except the)
debts specified in sections two and three of this article, no debts shall
be hereafter contracted by or on behalf of this State, unless suoh deb$
shall be authorized by a law, for some single work or object, to be distinctly speoifled therein and such law shall impose and provide few
the collection of a direct annual tax to pay, and sufficient to pay, the
interest on such debt as it falls due, and also to pay and discharge tho
prinoipal of such debt within eighteen 'years from the time of the contracting thereof. No such law shall take effect until it shall, at a general election, have been submitted to the people, and have received s,
majority of all the votes east for and against it at such election. On the
final passage of such bill in either house of the Legislature, the guestiOH
shall be taken by ayes and noes, to be duly entered on the journal
thereof, and shall be: "Shall this bill pass, and ought the sama
of
people {"
The Legislature)
the
to
receive the sanction
may at any time, after the approval of such law by thf-j
people,
if
no debt shall have been contracted in pursuance thereof, repeal the same; and may at any time, by law„
forbid the contracting of any further debt or liability under suoh law
but the tax imposed by such act, in proportion to the debt and liability
which may have been contracted, in pursuance of suoh law, shau
remain in force and be irrepealable, and be annually collected, untft
the proceeds thereof shall have made the provision hereinbefore
specified to pay and discharge the interest and prinoipal of such debfc
and liability. The money arising from any loan or stock creating suolii
debt or liability, shall be applied to tho work or object specified fn th«
act authorizing such debt or liability, or for the repayment of suoife
debt or liability and for no other purpose whatever. No suc&
law shall be submitted to be voted on, within three months aftew
its passage, or at any general election when any other law, or any
bill, or any amendment to the Constitution, shall be submitted t«
be vot ed for or against.
* An amendment submitted to
a vote at the November, 190S„
election extends from "eighteen" to "fifty" years the time in whloto
the principal of debt must be discharged. See V. 80, p. 1494, for texfc
of Section 4 with the proposed changes indicated therein.
Up t»
November 21 (time of going to pressv result of vote was not known.
Sinking Fund, how kept and invested. Sec. 5. The sinking 1 ami
provided for the payment of interest and the extinguishment of the
principal of the debts of the State shall be separately kept and safely
invested, and neither of them shall be appropriated or used in any man
ner other than for the specific purpose for which it shall have beem
provided.
Proposed Issue of Bonds for Highways.— At the November, 190©,,
election, a constitutional amendment providing for an entirely nevy
section— Section 12— to Article 7 was eubml ted to the people fox
approval. This section provides for a debt of 50 millions for highway*,
SeeV. 80, p. 1494. for full text of this new section. Up to November
21 (time of going to press) result of vote was not known.
DEBT LIMITATION— Cities, Counties. Towns and Villages,The new Constitution of New York State puts a general anel
uniform limit to the power of all counties and cities of the State to contract and put out their obligations, leaving to the Legislature to fix th.0
debt-making power of villages and towns only. These provisions ar©
fouud in Article 8, Seotion 10. We give that section in full. Th©
separation into paragraphs and the figures in parenthesis which number and begin the paragraphs are our own, we having inserted them so
that those who need to refer to or use any particular portion oan the mor«
readily find the part desired. With that exception we give Seotion !«'»
of Article 8 as it reads, preserving even the punctueMon.
(1) No county, oity, town or village shall hereafter give any mone'j
or property, or loan its money or credit to or in aid of any individual,,
association or corporation, or become directly or indirectly the owner
of stock in, or bonds of, any association or corporation ; nor shall any
;

i

-

;;

—

i

1

'

1

;

:

NEW YORK-DEBT OF

44

such county, city, town or village be allowed to incur any indebtedness
except lor "county, city, town or village purposes. This seotion shall
not prevent such county, city, town or village from making such provision for the aid or support of its poor as may be authorized by
law.
(2) No county or city shall be allowed to become indebted for any
purpose or in any manner to an amount which, including existing
Indebtedness, shall exceed ten per centum of the assessed valuation of
the real estate of such countv or city subject to taxation, as it appeared
by the assessment rolls of said county or city on the last assessment for
State or countv taxes prior to the incurring of such indebtedness; and
all indebtedness in excess of such limitation, except such as may now
exist, shall be absolutely void, except as herein otherwise provided.
ten per
(3) No county or city whose present indebtedness exceeds

centum

of the assessed valuation of its real estate subject to taxation,

be allowed to become indebted in any further amount until such
indebtedness shall be reduced within such limit.
(4) This section shalLuot be construed to preventthe Issuing of certificates of indebtedness or revenue bonds issued in anticipation of the
collection of taxes for amounts actually contained, or to be contained
in the taxes for the year when such certilicates or revenue bonds are
issued and payable out of such taxes.
issue of bonds
(5) Nor shall this section be construed to prevent the
to provide for the supply of water but the term of the bonds issued to
provide the supply of water shall not exceed twenty year*, and a shilling fund shall be created on the issuing of the said bonds for their redemption, by raising annually a sum which will produce an amount
equal to the sum of "the principal and interest of said bonds at their
shall

;

maturity.

All certificates of indebtedness or revenue bonds issued in an
ticipation of the collection of taxes, which arc not retired within live
years after their date of issue, and bonds issued to provide for the supply
of water, and any debt hereafter incurred by any portion or part of a
city, if there shall be any such debt, shall be included in ascertaining
the power of the city to become otherwise indebted.
|An amendment voted upon at tbe November, 1905, ele tion adds
" except that debt* incurred by
these words to tbe above paragrarh
the City of New Yo'k alter the first day ol January, 1904. to provide
for the'supply of water shall not be so include I." At nour of swing t>>
press sufficient returns not re eived at office of Sccittary of State to
indicate result.]
(7) Whenever hereafter the boundaries of any city shall become the
same as those of a county, the power of the county to become indebted
shall cease, but the debt of the county at that time existing shall not be
included as part of the city debt. [At the November 1899 election
an amendment to tbe Constitution was adopted changing this paragraph to read as follows: Whenever the boundaries of any city are
the same qf those of a county, or when any city shall include Within
its boundaries more than one county, the power of au) county wholly
included within such city to become indebted shall cease, but the debt
of the county heretofore existing shall not, for the purposes of this
section, be reckoned as a part of the city debt.]
(8) The amount hereafter to be rai-ed by tax for county or city purposes, in any county containing a city of over one hundred thousand
inhabitants, or any such city of this State, in addition to providing for
the principal and interest of existing debt, shall not in the aggregate
exceed in any one year two per centum of the assessed valuation of the
real and personal estate of such county or city, to be ascertained as
prescribed in this section in respect to county or city debt.
By the terms of th« foregoing section. Paragraph (1), every "County,
City, Town or Village" is included in the prohibition against (1> loaning "its money or .credit," (2) in becoming "directly o Indirectly the
owner of stock in or bonds of any association or co or ,: on," and <3)
in "Incurring any Indebtedness except tor County, City, Town or Village purposes." .Most of the other paragraphs include only Counties
(6)

:

i

and

Cities.

May 188G the New York Court of Appeals decided at the end of a
litigation begun in July 18*5 that the sinking fund W(u not apartot
the city debt within the meaning of the above' provision of theConstitution limiting the creation of debt to 10 per cent of the assessed valuation of the real estate.
Towns and Villages are not limited in their debt-making power by tbe
Constitution. Those municipalities will be governed by general or
special statutes
The 1895 Legislature passed an act " for the protection of bona fide
purchasers and holders of coupon bonds and of municipal corporations
against misfeasance, malfeasance or negligence ol public officers."
The full text of this law was published in the Chkomcle of Juno 8.
1895. V. 60, p. 1023.
In

FROM

EXEMPTION
TAXATION.-In the Tax Law as given In
•Birdeeye'e Revised Statutes f >v iwoi (Seotion 4, Sub division 6,) there
is a general provision exempting from taxation "Bonds of this State
to be hereafter issued by the Comptroller t.> curry out the provisions
of chapter Seventy-nine of the laws of
ighteen hundred and ninetyfive" [theCanalLaw] and "bonds of a municipal corporation heretoissued
fore
for the purpose of paying np or retiring the bonded
indebtedness of such corporation." It will be seen that the reference
isto municipal bonds heretofore issued, &c. I section 7, however, of
the "general munioipal law there is also atax-exempting clause but
one much broader in its scope, as It seems to apply to the funding of
any bonds heretoloiv or hereafter put out.
In tbe case of New York City tbe existing provision of law govern
ing the matter will he found in the revised CltyChartei which went
info effect Jan. i, 1902. This provides ihat -such corporate stock and
all assessment bonds and revenue bonds, as well as all bonds hereafter
to be issued by the City of New York by virtue of this Ait or of anj
other Act, whether general or special, shall be free and exempt from
all taxation, exoepl for State purposes— [Section IG9, Title 2.
It remains to add that under special lav s some New York City bonds
are exempt from an taxes, including those for Stale purposes'. Such
is the case as regards the public-library bonds (Bryant Park) authorized by Chapter 627, Laws of 1900.
>

SAVINGS BANK INVESTMENTS-POWERS AND RESTRICTIONS.— In 1893 savings banks were for the first time given authority
to invest in first mortgage raUroa bonds. The railroad list, at first very
much restricted, was graduall added to, and in 1905 a further amend-

ment was made

fixing general standards for future additions, both

i

:

thecaseof the lailroad and tho municipal list This amendment was
approved by the Governor on May 16, 1905.
We give below the law in full as it now stands. We indicate by
means of blak-taced [ ] brackets the new portions added in 1905
and underscore those parts of the old law which ha\e been omitted
by the 1905 amendment
Sec. 116. In what securities deponls may be invested.—-The trustees
of any savings banks may invest the moneys deposited therein and
the Income derived therefrom only as follows
1. In 1 be stocks or bonds or interest-bearing notes or obligations of
the United States, or those for which tue faith of the United States is
pledged to provide for the payment ot the interest and principal, including the bonds of the District of Columbia. (The Stato AttorneyGeneral ruled that this sub-division does not authorize savings banks
to invest in the land purchase bonds of the Philippine Islands. V. 78.

p.

298

2.

In

]

the stocks or bonds or interest-bearing obligations of this
pursuant to the authority of any law of the State.

State, issued

STATE.

[Vol.

lxxxl

In the stocks or bonds or interest-bearing obligations of any State
United States which has not within ten years previous to making such investment by such corporation defaulted in the payment of
any part of either principal or interest of any debt authorized by the
legislature of auy such State to be contracted; and in the bonds or intorest-bearing obligations of any State of the United States, issued' in
pursuance of the authority of the legislature of such State, which
have, prior to the passage of this act, been issued for the funding or
settlement of any previous obligation of such State theretofore in default, and on which said funding or settlement obligation there has
been no default in the payment of either principal or interest since the
issuance of such funded or settlement obligation, and provided the
interest on such funded or settlement obligations has been paid regularly for a period of not less than ten years next preceding such investment.
4. In the stocks or bonds of any city, county, town or village, school
district bonds and union free school district bonds issued for school
purposes, or in the interest-bearing obligations of any city, county,
town or village of this State, issued pursuant to tho authority of any
law of the State for the payment of which the faith and credit of the
3.

of the

municipality issuing them are pledged.
5. In the stocks or bonds of the following cit ies
Boston. Worcester.
C ambridge, Lowe l l, Fall Riv e r. Springfield and Holyoke, in the State of
Ma ssachusetts; St. Louis, in the State of Missouri; Cleveland, Cincinnati
an d Toled o, in the State of Ohio Detroit and G rand Rapid s, in the State
of Mic higan; Providence, in the State bt RlwdeTslaTid: New Haven and
Hartford, in tnc istate ot Connecticut; Portland,
the Sta te of Maine
tne State
Philadelphia, Pi ttsburgh, Alleghany. Reading and Scranton.
ofPen nsyTvanirt Minneapolis and St. Paul, in the State ot Minnesota;
Des Moines, in the State of Jowa: Milwaukee, n the atax,- ot wiscons n;
L ouisville, in the Sta t e ot Kciitucky: Paterson" Tr enton,
:

;

m

m

;

i

l

Newark and Camden,

in

thti

st-tte,

of

New

Jersey:

Baltt-

Maryland: Los A ngel es in the State of
C alifornia Cany incorporated city situated in one of ihe States of the
United Slates which was admitted to Statehood prioT to January first,
eighteen hundred and ninety-six, and whieh, since January first,
eighteen hundred and sixtv-one, has not repudiated or defaulted In
the payment of any fart, of the principal or interest of any debt authorized by the leg slature of any such Stale to be contracted, pro\ jded sild city has" a population, as shown by tho Federal Census next
preceding said investment of not, less than forty five thousan " Inhabitants and was incorporated as a city at least twenty-five years prior
tothc making of said investment, and has never defaulted for more
than ninety nays in the payment of any part cither of principal or interest of any bond, note or other evidence of indebtedness, or effected any compromise of any kind with the holders
thereof.]
If at any liine the indebtedness of any of said cities,
[such city, together with tbe Indebtedness of any district, or otner
municipal corp<r&tlon or subdivision except a county, which Is
wholly or in part included within tho bounds or limits o? said city]
less its water debt and sinking [funds,? fund shall exceed seven per
centum of [the] it9_ valuation [of said ciivj tor purposes of taxation,
its bonds and stocks shall thereafter, and until such indebtedness shall
be reduced to seven p< r centum of The valuation for the purposes of
taxation, cease to be an authorized investment for the moneys of savings banks, but the Superintendent of tbe Banking Department may, in
his discretion, require any savings bank to sellsnch bonds or stocks of
said city as may have been purchased prior to eald increase of debt.
6. Tu b^nds and mortgages on unincumbered real property situated
in this state to the extent of sixty per centum of tbe value thereof.
Not more than sixty-live per centum of the whole amount of deposits
shall be so loaned or invested. Tf the loan is on unimproved and unproductive real property, the amount loaned thereon sbsvil not be more
than forty per centum ol its actual value. No investment in any honds
and mortgages shall be made by any savings bank except uport tho report of a committee of its trustees charged with the duty of investigating the same, who shall certify to the value of the premises mortgaged
or to be mortgaged according to their best judgment, and sneb report
shall be filed and preserved among the record's of the corporation.
Also in the following securities:
Tho first mortgage bonds of any railroad orporation Of
(a)
this State the principal part of whose railroad! is located within
of this or any other
this State, or of any railroad corporation
stale or States connecting with and controlled and operated as part
of the system of any such railroad corporation of this State, and of
which connecting railroad at least a majority of its capital stock is
owned by such a railroad corporation of this State, or in the mortgage
bonds of any such railroad corporation of ao issue to retire all prior
mortgage debt of such railroad companies respectively; provided that
at no time within five years next preceding tie date of any such investment shall such railroad corporation of this State or sneh connecting
railroad corporatiim.-'iespectively.liave'failed regularly and punctually
to pay the [matured] principal and interest of all its mortgage indebtedness, and in addition thereto regularly and punctually to have paid
dividends upon all its o utstanding c a pital stock during The pre ceding
years, at the ra'e ol n ot less han four p er centum per annum;
[In dividends to its stockholders curing eacn oi said five ye-trs an
amount at least equal to four per centum upon all ItSOUtStanding capital
stock;] and provided, further, that at the date of every such dividend
the outstanding capital stock of such railroad corporation, or such count ctlng railroad company, respectively, shall have been equal to aft least
[one thirc] one halt of the total mortgage indebtedness of such railroad corporations respectively, including all bonds issued or to betasued under any mortgage securing auy bonds ,in which such investment
shall be made.
(b) The mortgage bonds of the following railroad corporations:
Tbe Chicago & North Western RR. Co., Chi-ago Burlington & i^mncy
Rk Co., Michigan Central RR. Co., Illinois Central RR. Co., Pennsylvania RR. Co., Delaware A Hudson Canal Co., Delaware Lackawanna & Western RR. Co., New York New Haven «fr Hartford RR. Co.,
Boston A- Maine RR. Co., Maine Central RR Co., the Chicago & Alton
KB. Co., Morris & Essex Railroad Co., Centra] Railroad of New Jersey. United New .Jersey Railroad <fe Canal Company; also in- the mortgage bonds of railroad companies whose lines are leased or operated
or controlled by any railroad company specified in this paragraph if
said bonds be guaranteed both as to principal and interest by the
railroad company to whieh said lines are leased or by which they are
Provided that at the time of making
operated Kor controlled..
investment authorized by this paragraph the said railroad corporations issuing such bonds shall have earned and paid regular dividends of not less than four per centum per annum in cash on all
their issues of capital stock for the ten years next preceding such
Investment, and provided the capital stock of any said railroad
corporations shall equal or exceed in amount one-third of the par value
of all its bonded indebtedness; and further provided that all bonds
authorized for investment by this subdivision shall be secured by
a mortgage whieh Is a first mortgage on either the whole or so mo part
of the railroad and railroad property of the company issuing such
bonds, or that such bonds shall be mortgage bonds of an issue to retire all prior mortgage debts of such railroad company; [provided,
further, that the mortgage which secures the bond- authorized by
this subdivision is datd, executed and recorded prior to January lirst,
nineteen hundred and five.]
(c) The mortgage bonds of the Chicago Milwaukee A St. Paul
Railway Co. and the Chicago Rock Mo-mi A Pacific Ratlway Co., M>
more,

i

the

n

State

of

;

,

•

t

—
"Nov.. L905.J

NEW YORK-CITIES AND TOWNS.

long ^u they shall continue to earn and pay at least four per centum
dividends per annum on their outstanding capital stock, and provided
their capital stock shall equal or exceed in amount one third of the
par va<"ue of all their bonded indebtedness, and further provided that
all bon l'-s of either of said compauies hereby authorized for investment
shall b*> secured by a mortgage which is a first mortgage on either
the whole or some part of the railroad or railroad property actually in
the possession of and operated by said company, or that such bonds
shall be mo rtgage bonds of an issue to retire all prior debts of said
railroad company; [provided, further, that the mortgage which secures the bon ds authorized by this subdivision is dated, ex^cutedand
recorded prior to January first, nineteen hundred and five.]
(d) The first mortgage bonds of the Fonda Johnstown & Gloversville
Railroad Co., or in the mortgage bonds of said railroad company of an
issue to retire all prioi mortgage debts of said railroad company, and
provided the capital stock of said railroad company shall equal or exceed in amount one third of the par valu6 of all its bonded indebtedness, and provided, also, that such railroad be of standard gauge of four
feet eight and one-half inches, and in the mortgage bonds of the
Buffalo Cieek Railroad Company of an if sue to retire all prior mortgage debts of said railroad company, Cprovided that the bonds authorized by this subdivision ar« secured by a mortgage dated.exe
cuted and reco'ded prior to January tirst. nineteen hundred and five.]
Not more than twenty-five p er ce ntum of the deposits of any bank shall
be loaned or i nvested in railroad bonds, and not more than ten per
centu m of the deposits of any hank shall be invested in the bon ds
of any one railroad corporation described in paragraph "a" of This
sub-division, and not mor e than tivn per centum o» su ch depo sits in the
bonds or any other railroa d corporation, atrect railroa 1 corporations
shal not be considered railroad corporations within the meaning of
this Kuti-iiivision.

[to rue mortgage bonds of any railroad corporation incorporated
under the laws of any of the Unired States which actually owns in fee
not less than rive hundred miles of standard-gauge railway, exclusive
of sidings, within the United States, provided that at do time within
five years next preceding the date of any such Investment -ihall suoh
railroad corporation have failed regularly and punctually to pay the
matured principal and interest of ad its mortif a^e indebtedness and In
addition thereto regularly and punctually to have paid In dividends to
its stockholders during each of said live years a'j amount at least
equal to four per oentum upon all its omstandiug capital stock; and
provided, further, that during said five years the gross earnings in
each year from the operati ns of said company, including therein the
gross arntngs ot all railroads leased and operated or controlled and
operated by said company, and also including In said earnings the
amount received directly or indirectly by said company from the sale
of coal from mines owned or controlled by it, shall not have been less
in Amount than live times the amount neoessarv to pay the interest
payable duringthat year uponits entire outstanding indebtedness, and
•

the rentals tor said ytar of ill leased lines, and fuither provided that
bonds authorized for investment by this subdivision shall be se
cured by a mortgage which is at the time of making said inw>stment,
or was at the date of the execution of said mortgage, 1) a first mortgage upon not less than seventy five per centum of the railway owned
in fee by the company issuing said bonds exclusive of sidings at the
date of said mortgage or (2) a refunding mortgage issued to retire all
prior lien mortgage debts of said oompany outstanding at the time of
said investment and covering at least seventy five per centum of the
railway owned In fee by said company at the date of said mortgage.
But no one of the bonds so secured shall be a legal investment in case
the mortgage securing the same shall authorize a total Issue of bonds
which t >get her with all o utstanding prior debts of said company, after
deducting therefrom in case of a refunding mortgage the bonds re
served under the provisions of said mortgage to retire prior debts at
maturity, shall exceed three times the outstanding capital stock of
said oompany at the time of making said in\ estment. And no mortgage is to be regarded as a refunding mortgage, under the provisions
of this Act. unless the bonds wh'ch It secures mature at a late- date
than any bond whioh it is given to refund, nor unless it covers a mile
age at least twenty-five per centum greater than is covered by any one
of the prior mortgages so to bo refunded.
[(f) Anv radway mortgage bonds which would be a legal Investment
under the provisions of subdivision (e) of this eeotion, exoept for the
fact that the railroad corporation issuing said bonds actually owns in
fee less than five hundred miles of road, provided that during five
years ne«t preceding the date of any suoh investment the gross earnings in each year from the operations of said corporation, including
the gross earnings of all lines leased and operated or controlled and
operate! by it. snail not have been less than ten million dollars.]
[(g) The mortgage bonds of a railroad corporation described in the
foregoing subdivisions (e) or (f) or the mortgage bond of a railroad
owned b such o rporation, assumed or guaranteed by it by indorsement on said bonds, provided said bonds are prior to and are to be refunded bv a gencal mortga-te ».f said corporation, the bonds secured
by which are made a legal investment un>'er the provisions of said
subdivisions (e) or (f); and provided, further, that said general mortgage covers all the real property upon which the mortgage securing
said underlying bondr- is a lien ]
[(hi Any railway mortgage bonds which would be a legal investment
under the provisions of subdivisions (e) or (g» of this section, except
for the fact that the railroad corporation issuing said bonds actually
owns in fee less than five hundred miles of ruad, provided the payment of principal and interest of said bonds is guaranteed by endorsement th re>>n by, or provided said bonds h .ve been assumed by, a
corporation wh >se tirst mortgage or refunding mortgage bin Is area
legal Investment under the provisions of subdivision te) or (f of this
seotlou. But no one or the bonds so guaranteed or assumed shall be a
legal investment in case the mortgage securing the same shall authorize a total issue of bonds whioh. together with all the outstanding
prior debti of the corporation making said guaranty or so assuming
said bonds, including therein the authorized amount of all previously
guaranteed or assumed bord issues, shall exceed three times the capital stock of said corporation at the time of making said investment.]
[(i) The first mortgage bonds of a railroad the entire capital stock of
which, except shares neoessary to qualify dii ectors, is owned by a' d
which is operated by a railroad whose last issued refunding bonds
are a legal investment under the provisions of subdivisions (a), (e) or
(1) of this section, provided the paim^nt of principal and interest of
said bonds is guaranteed by endorsement thereon by the company so
owning and operating said road, and fuither provided the mortgage
securing said bonds does not authorize an issue of more than twenty
thousand dollars in bonds for each mile of road covered there 'iy. But
no one of the bon'ls so guaranteed shall be a legal investment in case
the mortar »ge securing the same shall authorize a total ssue of bonds
which, together with all the outstanding prior debts of the company
making said guaranty, inoluding therein the authorized amount of all
previously guaranteed bond issues, shall exceed three times the capital stock of said company at the time of making said investment. Not
more than twenty-five oer centum of the assets of any bank shall be
loaned or invested in railroad bonds, and not more than ten per
centnm of the assets of any bank shall be invested in the bonds of any
one railroad corporation desorihed in paragraph a) of this subdivision,
and not more than five per oenium of suoh assets In the bonds of
any other railroad corporation. In determining the amount, of the
assets of any bank under the provisions of this subdivision its securities sha I r»e estimated in the manner prescribed for determining the
per centum f surplus b? section one hundred and twenty four of this
Act. Street railroad corporations shall not be considered railroad corporations within the meaning of this subdivision.]
7. In real property subject to the provisions of the next section.
all

1

i

<

45

It will be noted that subdivision 7 (the last paragraph of the above)
refers to the "next section " for the provisions applicable. This reference Is to section 117 of the law of 1892 ; we omit that section as it
relates only to real estate. Sections 118, 119 and 120 of the law of
1892 (the first-mentioned section as amended in 1901) we subjoin.
Section 118. The trustees of every such corporation shall as soon as
practicable invest the moneys deposited with them in the securities
authorized by this article; but for the purpose of meeting current
payments and expenses in excess of the receipts, there may be kept an
available fund not exceeding ten per centum of the whole rnnount of
deposits with such corporation, on hand or deposit in any bank in this
State organized under any law of this State or f the United States, or
with any trust company incorporated by any law of the State but the
sum so deposited in any one bank or trust company shall not exceed
twenty-five per centum of the paid-up capital and surplus of any such
bank or company; or such available fund, or any purt thereof, may be
loaned upon pledge of the securities or any of them named in subdivisions one, two, three, four and five of the preceding section but one,
or upon the first mortgage bonds, or any of them, of the railroads mentioned and described in sub division six of said preceding section but
one, but not in excess of ninety per centum ot the cash market value of
such securities so pledged. Should any of the securities so held in pledge
depreciate in value, after making any loan hereon, the trustees shall
require the immediate payment of such loan or of a part thereof, or additional security therefor, so that the amount loaned shall at no time
exceed 90% of the market value of the securities pledged for the same.
Section 119. Every such corporation mav also deposit temporarily
in the banks or trust companies specified in the last section the excess
of current daily receipts over tho payments, until such time as the
same can be judiciously invested in the securities required by this
article. Whenever it shall appear to the superintendent of banks that
the trustees of any such corporation are violating the spirit and intent
of this provision by keeping permanently uninvested all or an undue
proportion of the moneys received oy them, he shall report the facts
to the Attorney-Ges eral, who shall proceed against such corporation in
the manner provided in section eighty-two of this chapter.
Section 120. The trustees of any savings bank shall not loan the
moneys deposited with them or any part thereof, upon notes, bills
of exchange, drafts or any other personal securities whatever. In all
cases of loans upon real property, a sufficient bond secured by a mortgage thereon, shall be required of the borrower, and all the expenses
of searchers,* examinations and certificates of title or appraisal of
value, and of drawing, perfecting and recording papers, shall be paid
>

;

i

by the borrower.
*

So

in the original.

TRUST FUNDS— Sow Loaned or

Invested. -Chapter 295, Laws of
1902, approved April 2, permits executors, administrators, guardians, etc., to Invest In the same securities as savings banks. We
quote the provision below
Investment of Trust Funds- An executor, administrator, guardian, trustee or other person liolding 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 tie money deposited therein, and the income derived ti.erefroni, and in bonds and
mortgages on unincumbered real property in this State worth fifty
per centum more than the amount loaned thereon.
POPULATION OF STATE.— New York ranks first in population
among the States of the Union. The following gives the U. S. Census
figures, except 1905 returns, which were compiled under State super:

vision:

1905
1870
1900
1890
1880

8,066,6~2
.4,382.759
7,268,894
5,997,853
5,082,871

Cities,

1860
1850
1840
1830

3,880,735
3,097,394
2.428.921
1,918,608

1820
1810
1800

1,372,812

959,049
589,051
340,120

1790...

Counties and Towns
IN

THE

NEW

STATE OF

YORK.

Note.— For debts of civil divisions not found among the statement $
given below, see " Additional Statements" at the end of this State.
$ HOWARD N. FULLER, Comptroller.
A T T3 ArN
A TVTV
Y
/*.!_£>
JWM. M. RICHARDS, Deputy Comptroller.
Albany is in Albany County. Incorporated JuJy 22, 16t6.
.

—

GENERAL BONDED DEBT.

LOANS—

Interest.

-

MAME and PURPOSE.

Rate.

Public Market

1888
Public build'g bonds. 1892
do
do
1892
Public Bath bonds
l>-99
do
do
....1901
Hal1
1882
do do
1882
School
1900
co construction... 1^03
Grade crossing
1903

4
4
4

—

,

,

Payable.

J & J

Principal.
Outstand'g.

>

When

Ihie.

Jan. '06 to 1908

M & N MJ£ooo yearly"
M & N May 1, 1912'
{

\

a$30,000
a30,000
al65,000
al2.000
8,000

3% F & A. Feb. 1, '06'09
F & A Feb. 1.*06-'21
a*
4
J & j{ Jg,Jbo ?early 9 ial°0.00<>
July 1, 1910
4
J & J
a20,000
3!« M & N May,1906-1920
45,000
3»« F & A Feb. 1, 1906-23
31,500
3^ F & A Feb. 1, 190tf-23
26,100
Public lmpt. bonds. ..1> 01r3ia F & A Feb. 1,1906 24
200,960
Sewer (Beaver Cr.)... 1889 3
M& S Mar. 1906-1909 a20,000
7
do
do ...1896 31a M&N{ N
|£ 5 foy* r£ £ al8 00
Washington Park
1870 7
M & N Aug.
1, 1910
b50.000
do
do
1871 7
M A N May 1, 1911 blOO.OOO
do
do ....1872 7
MAN
May 1, 1912
blOO.OOO
do
do
1874 7
M & N May 1, 1914 bl 55,000
dc
do ....1874 7
M & N May 1, 1916
b49,000
do
do ....1875 6
May 1, 1915
b75,000
do
do ....1875 6
Nov. 1, 1917
b37,000
do
do ....1876 6
May 1, 1918
b38,000
do
do ....1877 6
May 1, 1919
b20,000
do
do ....1878 5
May 1, 1920
b40,000
3*3

,

—

MAN
MAN
MAN
MAN
MAN

do
do
do
do
do
do
do
do

do ....1880
do ....1880
do ....1881
do
188°
do ....1882
do ....1885
do
1894
do ....1896
Riverside Park
1901
do
19' 4r
do
Refunding bonds.:. ..1904
Hawk St. Viaduct.... 1889
Dudley Observatory.. 1892

MAN{M^. 25192O-^3OJ b295)00O

4
4
4
4
4
4

MAN
MAN
MAN
MAN
F A A

2

J

3*2

3^
3»«

3^
3*2

May
May
May
Nov.

1,
1,
1,

1922
1921
1922
1922
1925
1934
1936

1,
1,
June 1,
1,
Oct. 1, 1906-21
Feb. 1, 190(1-24
1, 1906-24
Feb. 1, 19061909

Feb.

A D

MA N
AAO
F&A
MAN

May

May

F A A

A D { J $i?000 pearly? 7 \
Broadway widening.. 1898 3^ A A O 0< >0bo9 year?y 8
^
\
do
do
..1901 3*v A & O Oct. 1,' 1906 1921
Watervllet Avenue. ..1901 3»fl A & O Oct. 1, 1906-1921
Madison Avenue... .1901 3^ A & O Oct. 1, 1906-1921
2

J

\

7,000

a30.000
a28,000
*a24,000

alO.OOO
a3,000
a7,000
44,Ono
1,425

109,250
a20,000

a2 .°<X>
aiO.OOO
17,600
7,280
44,800

—

m

NEW

LOANS-

t

do

do

1895 4

do

do

1897 4

do

1, 1906 1917
A *n
u 5* Oct.
$1,250 yearly. $
Oct. 1, 1906-1918
A&
$700 yearly
5
>

o

3*fl

July, 1906 to '19)
$1,500 yearly 5
Feb., 1906-1921
Doc. 1, 1906

TAT*
d

do
do

do
1899 3*8 J *
do
1901 3ia P &
UnoxLStreet Viaduct. 1897 4
J&
payable in Albany
Merchant's National Bank.

a- Interest
tfiifi

al5,000

lt»

A
D

i

Interest payable in

a9,100

a2 1,000
8,000
a5,000

New York

LOANS—

Water Bonds—

1906
1,1911
1,1916
1.1921J
1, 1926
Mar.I, 1910
314s, A&O, 75,000.... Oct. 1, 1921
50,000 ...Apr. 1,J19 11
3^8,
3^58,
40.000. ... June 1, 1923

$42,000
5s,.... 49,000
5s
59,000
5s
65,000
3s, ...
25,000
3s
100,000

at

do
do
do

M
M&
M&N

4

I

P & A
M&N
...1902 3*3 P & A
1905 3% F &
1905 3*2 F &
1903 3»a P &
1903 3^ P &
1904r3^ P &
„.1904r3ia F &
1901 3^
1901 3>3

do
do
do
do
do

($17,600 yearly.)
Nov., 1906-'08
Feb. 1, 1906

Nov.

1,

1906

Feb. 1, 190S-M7
Feb. 1, 1906-'10
do
Feb. 1, 1906-'15
do
Feb. 1. 1906-'08
Improvement
Feb. 1, 1906-'13
do
Feb. 1, 19o6-'14
do
Feb. 1, 190C-'09
do
'Che total amount of improvement bonds outstanding
X.905, was $383,275.
Skater,

do
do
do
do
do

Cfer

c&r
c&r
c&r
c&r

.
.

.
.

.

1876
1876
1876
1877
1877
1887

WATER DEBT.
6
F & A
Feb.
P & A
Feb.
6
Feb.
6
F & A
F & A
Feb.
6
F & A Feb.
6

1906
1908
1909
1911
1912
Feb. 1 1906-1907

35,200
9,000
13 000
31,500
22,000
15,375
197,250
19,500
66,400
22,005
5,140
on Jan. 1,
J

)

100,000
50,000
50,000
50,000
50,000
10,000

do
do

1888 4

'T

Ar
ffi

4
4
4
4

w
*

&

I

1888 3*2
1894 3^

M&

N*

1897 4

M,B1N
« & N

do

1898

do

\

F &
F &
F &

do
do

do

1899

do

1899

22,500

ffl

!,
" June
$17,500 yearly. \
Fel
li
AA I $7,0001906-1915
yearly.
A Feb. 1, 1913 \
A Feb. 1, 1914
A Feb. 1, 1915

1895
1896
1896
1896

3Hj

81.

84
1900 3%

Air

t>

5

F &

>-

)

52,500

>

76,000
20,000
20,000
10,000
20,000

May

22,500
«
000
SO.OOO

«

M & ^{^oi'oT^S 8

130,000

M*k{^™™«}
M & N)^yol

}

.906 l|n9^
;

a

70,000
70>000

F4A

TOTAL DEBT, SINKING FUNDS,

ETC.-Tlie subjoined statement

(hows Albany's general and water debt. The street improvement
fonds, amounting to $383,275 on Jan. 1, 1905, are not inoluded.
Jan. 1,1905. Jan.l, 1903. J-Vft.1,1902. Sept. 1, 1901.
General bonds.. $2,417,672
$2,297,945
$2,3^6,000
$2,251,350
l,48n,3 00
Water bonds.. .. 1,323,1 00
1,5 11,800
1,611,000
Total bonds.. $3, '40,772
$3,809,745
$3,842,300
$3,862,350
Hinking funds.. 1,554,221
1,541,644
1,521,009
1,595,220
ITetdebt
$2,186,551
$2,32T,291
$2,268,001
$27267,130
'The sinking funds are invested mostly in the city's own bonds.
CITY PROPERTY.—Real estate property owned by city Jan. 1.

was $5,519,421.

ASSESSED VALUATION.— Property is assessed about full value.
Assessed Valuation.
Mateo f Tax.
Personal.
lotal.
per $1,000.
$61,546,192
$*8,71 1,950
$70,258,142
$20 20
A903
61,314,337
"9,037,450
19-50
70,351.787
Jt.902..60,216,787
19-00
*8,456,100
68,672,887
X901
59,580,370
*5,492.9i)5
6->.073.275
2100
X9O0
59,790,690
21-40
9,237,194
69,027,884
f.895
58,548,720
6,426,995
64,975,715
2000
1390
63,380,046
6,282,525
69,662,571
1900
1380
34,310,305
2,790,120
37,100,425
3600
1870
24,981.511
5,954,825
45-70
30,936,336
I860
20,283,245
6,006,803
12-60
26,290,048
1850
9,430,100
3,171,589
15-70
12,601,689
1346
7,792,340
3,449.098
13-20
11,241.438
'Including speoial franchise tax amounting in 1904 to $2,803,200
POPULATION. -In 1905, 98,370; in 1900, 94,151; in 1890, 94,923;
%m X880, y0 ?o8«
Peal.

\Tears.

•1904

f

ALBANY
County

CO.

$

JOHN A. HOWE JR.. Treasurer.

JA8. E. NOBLE, Deputy Treasurer
seat is the city of Albany.
When Due.
War Loan— (Con.) LO A N S—
Highway Improvem't Bonds
4s, semi-an., $37,000 r.Mar., 1910
'06-22
17,000 r.Aug.,
4s, semi-an.,
b&A.,^5$ 16,000 rAug.1. 1923 4s, semi-an., 39,000 r.Mar., 1911
J*B, F*A
20,000 r.Mar., 1912
'06
'19
Mar.I
4s, semi-an.,
:<»a8,M&9, 14,000 r
19.000 r.Mar., 1913
3i«e, MAS,
S.OOOr.Mar.l.'Oe-'lS 4s, semi-an.,
18,000 r.Mar., 1914
3i2B,F&A,5 19,000. Aug. l,'06-*24 4s, semi-an., 17,000 r.Mar., 1915
1904.
U80.000.Aug, 1, 1925 48.M&8
20,000r.Mar.l.'06-'25
'05 \
Refunding Citt Hall Bonds— 4s M&S 05 J 9>00 0r..Mar. 1,1926
«i«8, A&O, $14,000 r.Oct. 1, '06- 19 4s, semi-an.,
^9,000 r.Mar., 1916
20,000. rMar., 1917
3138, A&O, 21,000 r.Oct. 1, 1920 4s, semi-an.,
15,000r.Oct.l,'06 20 4s, M&S, 40 000 r.Mar. 1,1918-19
ai«8, A&O,
26,0^'Or Oct. 1. 1921 4b M.M $19,000r.Mar.l, 1906-24
48, m<bs,
1 6,' OOr.Oct 1/06-21
Mar 1; 1925
J 37>000r
3>«s, A&O,!
23.000 r.Oct. 1,1922 Total debt Apr.1,1905
$998,250
"

I

*

<

Almshouse Bonds—

MAN, $36,000 r.May 1,'06-21
County Court House:—

Bias,

«*, eemi-an.,$105,000 r Feb;15,'ll

War Loan Refunding)—
(

4b, seml-an., $77,000 r.Mar.,'06-07
«8, seml-an.,
70,000 r. Mar., »08-09

|

21,000. .Jan.

8W8,

$5,000

....

1946-48

1,

Street Bonds—

Ont. 1, 1906-10

Voting Machine Bonds—
4s,

$15,000. . July 1, 1906 08
65,000.. July 1, 1909-18
3s
40,000 July 1. l»19-23
3s
7,000
July 1, 1924
3s,
39,000.. July 1,1925-30
3s
26,000.. July 1,1931-34
3s,
6.000
July i, 1935
....
3a
5,000
July 1, 1936
is,
....
10,000 July 1, 1931-32
INTEREST is largely paid at the

....

Jan.l, 1906

$1,000

Bonded debt Jan. 1, 1905 $869,000
Water debt (included)
505,000
Tax valuation, real
9,660,018
Tax valuation, personal. 686,:iC0
.

. .

Total valuation li)04..*l 0,346,318
Total tax rate (per M)1904.$20-ll
20,9V9
Population in 1900 was
Population in 1905
23,913

National Park

Bank of

N. Y. City

—

Amsterdam School District H B.Waldron, CVk.
When Due. 4s, M&S,$20,O0Or Sep't.1.1909'18
LOANS—
4s,A&0, $<,500r.. Oct.. 1906-08

4s, A&O. 5
600r.. .. Oct. 1, 1909
6,000 r.Sept. 11906 08
1904, i 76,000 r Oct 1, 1910-47
4s, A&O,
2,500 r... Oct. 1, 1906
INTEREST payable at Amsterdam Savings Bank.

4s,Sept.

,

I

AUBURN.—
Wm
county
This city

is

the

C Firth, T^aaurer.

seat of

LOANS—

Cayuga County.
Bonded debt July 1, 1905.$643,937
Water debt (included) .. 355,000

WlienDuc.

Southern Central RR.—
M&S, $40.000.... Mar. 1,1906 Assessed va'uat'n, real 14,094.958
M&S, 40,000.... ?4ar. 1,1907 Assessed val a 'n, person'! 1,0^1,832
M&S, 25,000.... Mar. 1,1909 Special f anehises
490.1<>0
total valuation, 1905. 15,636,890
Water Bonds4s,
J&D, $300,000.. .May 1,1914 Assessment about actual alue.
($25,000 due yearly) to May 1.' 25 Tax rate (per $1,000) 1905.$24-99
3s,
38,
3s,

4s,'04,M&S,$50,000. .eept.1,'06-10
Sewer & Local Imp't Bonds-

Ass'd valuation, real.. 97,129.619
Ass'd valuation.pers'l. 7,106,766
Ass'd value b'k stock.
5,341,767
Total valuation 1904 109,578,152
County tax (perM.) 1904.... $500
Population In 1900 was.. .165,571
Population in 1905
171,497

'ipulation in

1900 was... 30,345

Population in 1905

& 5s, 1*156,237.
INTEREST on the railroad bonds

31.423

4s, 4388

Auburn; on water bonds at the

payable in New York City and
Mercantile Trust Co., N.Y.

is

otlico of the

R 8
TI
BINGHAMTON.-iE
6 m:ffi K ;c"ieT
the county
This
city is

F&A

905,

3J4S, ....
4s,
4s,
....

I

1

1, 1906-1907 )
$10,000 yearly. $
5 Feb. 1,1906-1914
$2,500 due y'rly
Ma y 1 1906-1917 )
J
$5,000 yearly. J
(
5

.

'06-1908

i
}

jF5b.JJ 906to'20j U2>500
do
b
do (refd'g)(taxex.)1901 312 F & A Feb., 1906-1921
83 200
1902 3*s F & A Feb. 1, 1906-22
Refunding water
66,300
do
do
1903 3Wj
Aug. 1,1906-23
a57,500
Special water bonds.. 1904 r 3 'a F & A
Feb. 1, 1906'24
42,750
INTEREST on Knox street viaduct bonds, on Washington Park
morals issued from 1870 to 1880, and on water bonds of 1876 and
'.877, is payable in N. Y. City; on other issues in Albany.

J

.

000 ...Julyl, 1939
6,000
July 1. 1940
25,000.. May 1,194145
11

.

5

do
do
do
do

Sewer Bonds— (Con.)

I

1,
1,
1,
1,
1.

F &
$5,000 yearly.
v
A < Feb. 1, 1906-1908 >
* A A
$7,500 yearly.

4

1888 4

Brice, Treas.

3H8

Sewer Bonds—

1906-1907 )

Nov.

5

The bonds

Office.

4s,'05,J&J,$lO.00O.Jan.l,1942- 44
H.000. July 1, 1933 34
4e
3K4S, .... 20.000. .July 1, 1937-38

I

3s,

1897 4

1,

|

3s

do

Oct.
Oct.
Oct.
Oct.
Oct.

.

STREET IMPROVEMENT EONDS
do

County.
When Due.

is in

5s

Principal and interest paid by holders of property benefited
1905-1911
$65,400
&
1896 4
V arlous streets
street improvem't ... 1 898

County Treasurer's

at the

are all registered.

This city

>

1898

N T E R EST is payable

I

[Vol. lxxxi.

AMSTERDAM.—
Wm. T
Montgomery

1894 4

do

When Due.

Rate. Payable

Park

Jlftp.ver

-Principal.
Outstand'g.

•Interest.

-

HAME AMD PURPOSE.

YORK-CITIES AND TOWNS.

are estimated to be worth

seat of Broome County.
$2,000,000.

When Due.
LOANS—
Contingent Fund Bonds—

r-

The water works

Hospital Bonds—
1908-1912
....,$25,000
5,000. ...Nov. 1, 1907
8ms, F&A. 6,000 ...Aug. 1, 1936

31.2s,

3%s, M&8, $18,000. ..Sept.,'0S-'25
Albany & Susq. RR. Bonds—
SiflS, M&S,
$5,000. ..1906 to 1907

3ias,

($3,000 due yearly.)

31»h,

M&N,

Nnnsi 's Home Bonds—
F&A, $4,000.... Aug. 1, 1936
G-rade Croshino Bonds
1906 3^.8. f'&A, $50,000 ..Aug. 1, 1938
4s,
$33,000
1929
77,000
School Bonds—
Ss, S-A,
3i«8,
1930-1934 3i28, ....,$30,000
71,000
1920-1922
4,000
Aug. 1, 1934 3ies
1923-1926
20,000
3^8
Water Bonds—
3^8, F&A, 40,000... Auk. 1,1935
3^8, F&A, 50,000... Auk 1,1937 3M)S, F&A, $11,000... Aug. 1, 1907
3I9B, F&A. 57,0
Aug. 1, 1939 31qs, F&A, 62,000... Aug. 1, 1918
Library Site Bonds
Bond, debt Dec. 29, 1904 $^24,500
3*28, M&S, $15. 000.. Sept. 1, 1938 Floating debt
27,197
Total debt Dec. 29, 1904. 851,697
City Hall Bonds—
"14,676
4a, F&A, $25,000... Aug. 1,'15-'17 Sinking fund
20,500. .Aug. l,'28-'29 Water debt (inoluded)..
la, F&A,
103,000
1918-1922 As-esHed valuu'n (real).19,998,9HO
50,000
4s
,
Ansess. valuat'n (pers'l) 1,34 ,050
48, F&A, 50,000.. Aug. 1, 1923-27
Station
Bonds—
Total valuation 1901. 21 341,110
Fire
1913-'14'15 Assessment about \ actual value.
3*33, ...., $25.000
1906 Tax rate (per M.), 1904
31«8,
1,000
$24-70
3i«8, M&S. 15,000 ...Sept. 1. 1936 Population in 1905
42,040
4s, 05,F&A, 9,000 r.. Aug. 1, '09- 11 Population inl900(Census) 39,647
INTEREST—On City Hall, water, $148,000 bridge and $1 ,000 fire
station bonds in N.Y City. On remaining loans, City Treasurer's office.

Bridge Bonds—

,

,

.

1

.

,

BROOKLYN- — New York
(ERASTUS
KNIGHT. Mayor.
^ — 'FRANK
-^
T GILBERT,
BUFFALO.
ARTHJRB. CHRLSTEY,
See

Lr _

.

City.

C.

|_

Comptroller.
Dep. Comptroller.
Buffalo is in Erie County, and the city's tax valuation is about o 7 that
of the entire county.
' -Interest.
Principal
<
LOANS—
Rate Payable.
When Due.
OiUstand'g
NAME AND PURPOSE.
(

—

.

1. City Loans— Various Purposes
Abate, nuis., Ohio Ba 1902 3-e J & J July 1,1906-1922 $85,000
95,000
do Clark & Skin.Oanal'04 3ifl M & N Novr. 1, 1906-1924
July 1, 1906-25
do
1905r 3^ J & J
do
150,000
HamburgOanal
1903 313 J & J Jan. 1. 1906-1923
90,000
1900 34> A & O Oct. 1. 1906-1920 337.500
do
do
:

1890
Market
Plank road award.... 1890
1898
KefunflinK bonds
Buff. Rtv. Imp. bonds '04 r
^rade crossing b'da.. 1896
18«6
do
do
1897
do
do
do
1898
do
do
1898
do
do
1898
do
1899
do
ao
1899
do
do
do
1899
do
1899
do
do
1899
do
do
do
1900
do
do
1900
do
1900
do
do
1901
do
do
1901
do
do
1901
do
do
1901
do
do
1902
do
do
190'.
do
do
1903
do
do
do
1903
do

3*v

3
3*$

A & O
J&D
J&D

3^ O & O
3^ F & A

&

3*3

J

3^
3^

Var.
Var.

3»a
3»2

J

A&O
M&N

3^ M &

8

& D
& J
A&O
& D
& D
& J
& A

3»a J
313 J
Ski
3Uj J
3*« J
3>s J
313 F

Apr. 1, 1920
June 2, 1910
June 1,*05 '07

Aug.
Feb.

1.

1,

1903-03

1916

July 1. 1916
1917
Feb. & Mar., 1918
Apr.
1,1918
Nov. 1, 1918
March 1, 1919
June 1, 1919
July 1, 1919
Oct. 2, 1919
Deo. 1, 1919

June

1,

1920

July 1 1920

3><3

J

3»a
3'«
3»«
3*9
3*»
3»a
3s.

F & A

1920
1921
1, 1921
Mar. 1, 1921
Apr. 1,1921
Feb 1. 19 i2

J & J
A&O

Jan. 1 1923
Apr. 1,1923

& J

F&A
M&S
A&O

A & O

Aug.

1,

Jan.
Feb.

Ort. 1. 1922

80,000
115,000
50,729
60.000
171,000
83,000
577,927
89,137
200,000
16,913
18,703

285,187
182,716
75,455
335.772
45,799
173,487
10,927
55,918
5,070
141,516
111,544
482,284
121,410
17,669
20*960

—

—

>

NEW YORK-CITIES AND TOWNS

NOV., 1905.]

LOANS—

Interest.

'

Rate

NAME AND PURPOSE.

—

Payable.

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

Grade crossing b'ds.. 1903 3>«
1903 3"*
do
do
1903 3>*
do
do
1904 r 4
J & D
do
do
1904 r 3 »a
do
do
1904r3ia J&J
do
do
1905r3»2
8
ao
do
Ref'd'g gdo. orossing.1896 3 ^ J & J
A& O
8. Buff, flood bonds .. 1 896 3*3
1897 313
do
do
Chio.FireRellel'Fud1Tl897 3-2
Cltv and County Hall.1874 7

1875 7
Refd.O.HaU&C.H..H1891 4
1902 3>i
do
do
do
do
1T1903 3^
1T1905r3i2
do
do
Quarantine Hos. bds. 1904 r 3*2
1888 3^
Schools
do

do

"89

do
do
do
do

do
do
do
do
do
do
do
do
do
do
do
do

Bonds for Parks

do
do
do
do
do
do

do
do
do
do
do
do
do
do

Refund's Park Bonds. 1898

Railroad loans:Buff.&JamestownRR.1893
3.

ref., 1893
ref., 1893
ret., 1894
ref., 1895
ref., 1902
ref., 1902
ref., 1904
ref.. 1904

do
do
do
do
do
do
do
do

do
do
do

do
do
do
do
do
Buff. N.Y.&Phil.RR., 1886
do
do ref., 1889
do
do ref., 1890
do
do ref., 1890
do
do ref., 1891
do
do ref.. 1892

Sewer Loans:—

4.

3*2

3i«
3>2

3^
3*2
3ki
3*2
r3»a
3^2

:

1870
1871
1871
1872
1873
1873
1874
1875
1876
1886
1886
1887
1890
1891
1894
1897
1897
1897
1897

Park
do
do
do
do

7
7

7
7
7
7
7
7
6
3

3
3*2
313
313
3*2

do

Bailey
Hertel
5.

1T1886-87

& Seneca St.. 1886

4

4
312
3^2
3*2

6.

3
3
3

1904r4
1904 3J«
1905r34!
1903 3**

Water Bonds:

Water

1874

do
do
do
do
do
do
do
do
do
do
do
do

1874-75

1889
1874
1887
1887
1888
1888
1888
1889
1903

F &

7
7

7
7
312
3*2
3ia
3*2
3*2
3^2
3*s

r4

do
do
do
do

do
do
do
do
do
do
do
do
do

1890 312
1891 312
1891 312
1891 4
1892 3^2
1892 312
1894 312
1896 3*2
1896 312

do

do

1897

312

do
do
do
do

do
do
do
do

....TT1898
....fll899
....fll900

312
3*2
3*2
313

1901

Mav
Sept
July

7, 1906--23
1, 1906-35
1, 1906-24

90 000

Aj^l^^f}

J

Apr.
Feb.

1,
1,

1912
1914

& I>\%^o°oTeS

150,000
47,500
37,500

5
\

& J^g^O^yeariv

^

MANl^.l^SJ.
M&N Mar.
Nov., 1906-1918
1906-1919
M

8

&

J&Dl^oiWvtar??

J & D
A & O

M &

S
M&S
A &O
J&J
J&J
J&J
J&J
J&J
J & D
J&J
J&J
J&J
J&J
J&J

F & A
& J
& J

&

J

& J^

&
&

J
J

9
?

May, 1906-1920
Nov.

1906-'20

1,

Feb 1, 1906-'22
June 1, 1906-'22
Apr. 1, 1906'22
Mar.
Mar.

1,
1,

1906--23
1906-'21

Oot.l, 1906*24

1915-'16-*17

1918
July 1, 1919
July 1, 1921
Jan. 1, 1923
Deo. 1, 1924
Jan. 1, 1924
Jan. 1, July 1, '25
Jan. 1, 1924
July 1, 1910
July 1, 1926
Feb. 1, 1927
Jan. 1, 1925
July 1, 1921
July 1, 1924 &*26
9 6
J
7
Jan.

1,

ye ariy!
|^0
Aprfl 1,1917

J&J
F&A
J & J
A & O

M&N

F&A

A&
M&S
J&J
F&A
FAAO
A
O

A& O

'

35,750

162,500
75,000
75,u00
75. 00
75,000

77 O

May

238,000

1,

1909

1913

Aug.

1,

Aug.

1,

1906

1,1907

Sept.

Feb.

1,

Oct. 1,
Sept. 1,

Apr.

1917

1,

July

1909
1909
1910

1906-13

1,

1906

Aug., 1908-09

Aug.

Oct.

1,
1,
1,
1,

J&J

M&N

210 000
-

115,000
30,000
30,000
200,000
200.000

212,340
282,828

16.816
268,475
292,133
680,000

100,000
200,000
100.000
79,382
100,000
50,000
57.500
275,000
100.000
225,000
67, 00
22,500
500.000
45,0(0
150,000
100,000
50,000
100,000
100,000
100.000
90,000
50.000
100,000
;

1

240,000

M&

S^OO

A&O

70,000
^5,000
72,000

A&O

Apr.

1,

1906-21

Water
do
do
do

M &8
J&J
M&S
A&O

-Principal.-

When Due.

Outstand'a
85,000

June 1, 1906-22

Sept. 1,1906 23
$180,000
4S.000
July 1,1906 14
90.000
Sept 1,1906 14
Apr. 1, 190«-15
100,000
do
July 1, 190«-151
100 000
....111905 r3ifl
do
July 1. 1906-35
100,000
... V 1905 r3*«
do
H FREEDOM FROM TAXATION.— The Buffalo trunk sewer, the
Chicago Are relief bonds and the refunding water bonds of 1898, 1899.
1900, 1902 1903, 1904 and 1905, and part of the Refunding City and

....U1904 r4
....111901 r4
....111905 4

do
do
do
do
do

J&J
J&J

County Hall bonds, are exempt from city taxation.

INTEREST— WHERE PAYABLE.—Intereston the bonds Is payable
by City Comptroller In Buffalo and by the Gallatin National Bank In
New York, as follows
Interest Payable.
Buffalo Trunk sewer.
Market bonds,
In New York onlyCity and County Hall.
Plank road awards.
Volunteer relief.
Municipal Court b'ld'g. Grade crossing.
Sewer bonds
Park & railroad bonds.
In Buffalo only—
Hertel Avenue.
Refunding bonds.
Babcock & Seneca St. Deficiency loan.
School bonds.
Monthly local work.
Bird Avenue.
Bailey Ave. sewer.
School bonds.

Tax loans
Temporary loans.
In both N. T. & Buff. Water loans.

Swing

Buffalo River.

bridge.

FUNDS,
TOTAL DEBT, SINKING
Ju 1, 1905.
'

Total bonded debt
Sinking funds

y

$18,256,631
953,121

Hamburgh Canal.
'

Etc.-

'

.

July 1, 1903.
$18,229,634
758,877

July 1, 1904.
$18,225,159
820,736

liabilities.

July 1, 1910
Dec. 15, 1910
July 1, 1911
July 1, 1912

Oct. 22,

P. Ot. Payable
refunding.... 1U902 3*2 .1 & D
312
.... 111^03
do

350,000
50,000
100,000
100,000
95,000
100,000
100,000
200,000
100,000
50,000
30,000
120,000
50,000
200,000
100,000
33 000
30,000

'

63,750
63,750
67,500
67,500
40,000
100,000
100,000
100,000
100,000
100,000

Jan. 1, 1906-14
Feb. 1, 1906-14
Jan. 1,1906

'— Interest —>

LOANS-

NAME AND PURPOSE.

$17,404,423
$17,470,757
$3,767,132
3,687,882
The sinking funds are all invested in the city's own bonds. In addition to the indebtedness as given above, there was outstanding on
April 1. 1905, treasury and local fund warrants to the amount of
$551 504.
CITY PROPERTY.—The city owns real estate estimated at $10,326,445 00, personal property valued at $10,43 6,024 55; total,$25/762,46 9 55. In> luded in this total is the water works property, consisting
of real estate valued at $797,450 and personal property valued at
$6,588,752 49. The total resources of the city on July 1,1905, including all property— real and personal— together with other assets, were
figured by the Comptroller at $30,444,140 61 and the liabilities at
$18,548,764 95, leaving $11,895,375 66 as the excess of resources over

8,9-16

\
>

47

65 000
65.000
70,000
150 000
75,000
150,000
170,000
12^,500
85,000
127,500
142,500
142,500

June 1,1917

1909
1908
M & 8 Men. 1906
1906
A & O Apr.
Junel5, 1908
J & D
Junel5, 1914
J & J
Dec. 1, 1908
J & J
M & N May 1, 1919
M & 8 Mar. l,190«-23
Aug.l, 1906 14
Sept 1, 1906-25
A & O Oct. 1, 1909
1910
J & J
Jan. 1, 1911
J & J
F & A
Aug. 1, 1911
Nov. 1, 1911
A & O Oct. 1, 1912
Deo. 1, 1912
J & D
July'06-1914
J & J
Jan. 1,1916
J & J
July 1, 1916
J & J
19061917' )
(
J & D 3 $20,000 yearly [
on June 1.
(
J
1906-1918.
8
Apr. 1906-19
A & O Apr. 1906 20
jl

300 000

'

§

F & A \ ^if; 00 yearly? \
F AAj^g;'^9 ;^.7
!
May 1, 1911
May 1, 1912
J & J
July 1, 1918

M&N
M&N
F&A
F&A
M&S

"5,000

'

}

S

M&N
M&N
F & A

30 000
150,000
300,000

7

F&A
WOS^^ M&8
3*2
1889

19. >s

Water refunding
do
do
do
do
do

M&N
M&S
J&J

J & J
3^ J & D
3% J & J
3*2 J & J

1901 3
1902 3

scrip

83.485
61,u00
46,64
83,000
60.00O
13,000
30.000
200,000
125,000
50,000
85.000

.

Tax Loans:

do
do
do
do

$383,823
124.444
80,581
60.000

& D { ^fco^rlyV }
ne
8
3^ J & J ]< £*1A500
1'nn tit
yearly.
Jan. 1, 1913
3^j J & J
312 F & A
Feb. 1, 1913
3^2 J & D
June 2, 1913
3^ J & J July 1, 1914
3** A & O
Oot. 1. 193 5
3*2 A & O Apr. 1, 1906-22
3% M & N Nov. 1, 1906'22

1886
1888 3*2
1887 3

do

Avenue
Avenue

Taxloan

Tax

&
M&
M&
F &A

J

J
J
J
3^2 J
313 J
313 J
31a J

1883 4
Bird Avenue
Buffalo Trunk.... 1T1888-90 3*2

Babcook
do

May 1, 1923
Aug. 1,1923
Aug. 15, 1923

June 1,1906
Aug. 1, 1924
July 15, 19u6-14
Sept. 1, 1925
July 1, 1916
Aug. 1 1926
July 1,1927
1906-1917
J
July 1, 1907
8
Sept. 1, 1910
Nov. 1, 1911
8
Aug. 1, 1906'22

A&O
& A

1898 3*
1898 312
1899 3Hi
1899 3>2

1900
1902
1902
1902
3903
1904
1904

When Due.

3i.l£4H^J^^J~{

1897

-1900

Principal.
Outstand'a-

,

J&J
A&O

1892 Ski
1894 313 F
1895 8* J

do

2.

:

$17,303,510
Netdebt
Waterdebtdncl. above) $3,601,382

ASSESSED VALUATION.—"Assessment is made upon the nominal
real value."

Assessed Valuation.City Tax
Personal.
Total.
per $1,000.
*$2fi5,819,700
*$20,0o6,700
$19 59
$245,813,000
1905
"19,990,200
'261,^80,260
18-79
1904
241,990,060
M8.958.200
252.024,565
17-37
1903
233,066,365
17-20
*19,957,930
*243,905,620
223,947,690
1902
*22,795,577
17-46
"245,873,587
223,078,010
1900
18-21
11,750,980
236,969,535
225,218,555
1899
15-39
14,360,710
234.651,400
220.290,690
1895
162.359.450
14-68
11,003,125
151,356,325
1890
7,523,580
89.232,485
1416
81,708,905
1880
*Includlng special franchise val'n amounting (1905) to $12,968,200.
POPULATION.—In 1905 was 376,618: in 1900 it was 352,387; in
1890 it was 255,664; in 1880 it was 155,134.
,

Real.

Years.

Geo. A. Nicholson, Vil.Tr.
CANANDAIGUA.—
Ontario County
This village

is

LOANS—

in

Water Bonds—

When Due. Asses'd valuat'n, pers'l. $326,450
Franchise

66,050

A&O, $130,000... Apr. 1, 1915 Total valuation 1904.. 4,035,179
A&O,
9,000. .Oct.l, 1906-11 Tax rate (per $1,000) 1904 $1 0-41
Population in 1900 was
Street Bonds—
6.151
3-95s,M&S, $100,000. Sept.1,'08-17 Population in 1905 was
7.364

4s,
4s,

(Janandaigua Union.

3-6^,'Oi M&S,lO0,O00Sep.l'18-27

F>-cc Sch. Dis.

No. 1.— Frank J Sleght, Sec'y.
assessment Bonds—
5e, '04. May, $6,293
1909 4s, '05, J&J, $80,000 Jan. l,'10-29
434 s, 05,.Iune, 15,478. June 1,1909 Interest payable in New York Citv
Bonded debt July, 1905. $80,000
(Subject to call at any time.)
Bond, debt May, 1905.... $362,271 Assessed valuat'n 1904 4.154.597
Assessed valuat'n, real.. 3, 642, 679 S< hooltax (per $1,000) 1904. $4 90

Miller Hay, Chamberlain
COHOES.—
This
Albany County. Incorporated
city is in

1870.

LOANS—

When
Improvement Bonds—

City Hospital Bonds—
4s, J&J, $«,000r.... July 1,1906
($1,000 due y'rly) to July 1, 1911
4s, J&J, $5,000 r.... July 1,1912
AVater Bonds—
7s, J&J, $16,000 c.July
1, 1906
($2,000 due yearly) to July 1, 1913
7s, J&J, $5,000 c July
1, 1906
($1,000 due yearly) to July 1, 1910
4s, J&J, $65,000 c&r July 1, 1918
Subject to call July 1, 1903.
4s, F&A, $25,000 r. Aug. 1, 1907
($5,000 due yearly) to Aug. 1, 1911
4s,J&J,$75,000(reg.)July 1,1920

Due.

J&J. $80,082. Jan. 1, 1911-17
(SeeV. 78, p. 1566. for maturities.)
4s, J&J, 17,002 May 10, 1906 22
3s, J&J. 15,680 54 r.Jan.,'29 to '31
SHjs. J&J, 40,245 88 r....l932-'39
($5,000 due yearly on Jan. 1.)
3*28, J&J, $2,426 67 r. Jan. 1, 1937
3 las, J&J, 36,906 45.Jan.,1928-31
($6,906 45 in '28 & $10,000 ve'ly.)
3i«8, J&J. $18,438 ..Jan.. 1926-27
10,916 01 Jan. 1, 1923
*V2S, J&J,
3 es, J&J, 20,000.. Jan. 1, '24-'25
8=s. Jan. 1, 1921
zl
a i^t 5 16,805
d^s,J<SJ
^ 0,000 00.. J an. 1, 1922
,,„
T o T S 10,000 00. Jan. 1, 1919
d^8,J<BJ
Jan> l f 1920
} 17519 66
3VJ8.J&J,
7,21
64.. Jan. 1,1918
Jan. 1,1910
4s, J&l.515,704r
Janl,lH09
1H04.J 2.301r
4s. JAJ.5568 53 .. Dec. 28, 1905
1904 I 503 54
Jan. 1, 1908
4S.M&N) 2,802 83 May 10,1906
1905 £ 47,64" 94.MaylO,'07'23
4s,

.

Subject to call Julv

1,

1905.

4s,J&J,$2( ,000 r... July 1,1906
($5,000 due yearly) to July 1,1909
4s, J&J, $14,000 r July
1, 1923
4s, J&J, $9,000 r.... Jan. 1, 1906
($1,000 due yearly) to Jan. 1, 1914
Fike .'EFT. Bonds
3^8, J&J, $20,000 Jan 1, '21-24
Certificates »f Indebt'ness—
4^ .... $ i,2n7 17. ..Sept. 5, '06
Bonded debt Nov. 15,'04 $932,119
823 03 Aug. 20 19 6 Water debt (included)
4s, '05, 1
2:-f8,000
J&J. < 1 3.923. Aug. 20, 1907 23 Tax valuation, real
10,545,320
Tax
School Bonds—
valuation, personal
469.150
4s, J&J, $10,(00 .... July 1,1906 Franchise tax
222,150
Total
,000
due
y'rly)
to
July
valuation
1904.
1,1915
($1
..11,236,620
4s, JAJ, $5,000... July 1,1916 City tax (per $1,000) 1904. .$1400
is, J&J,
15.0(0..Julyl,'09to'll State & co. tax (per M)1904. 5-00
3I08J&J, 40,000 ...July 1, 1926 Population in 1900 was
23,910
City Hall Bonds
Population in 1905 was
24,183
4s, Ann., $100,000 r.Dec. 15, 1909
($5,000 due yearly) to Dec. 15, 1928
INTEREST on 7 per cent water bonds Is payable at the Nat. Bank of
Cohoes on $<i5,000 of 4% water bonds at the, Manufacturers' Bank,
Cohoes; on the lmprov. bonds of 190« and '05 at U S. M' rt. & Tr. Co.,
New York; on all other bonds by the Central Trust Company.
1

<

. .

.

;

COLLEGE POINT—See New York
COLUMBIA
CO.— George H. Macy, Treasurer.
County
Hudson.
City.

seat is

When Due.
LOANS—
Court House Bonds—
'-23
'17-23
<iio«
m «,« $70,000 r.Mar.l.
3
^ 8 MAS
15,000 r.Mar.
1924

r
J

'

1,

I

Funding Bonds-

M

.
4 8. M&JN
N»
* '

s

I

$25,000r May
30,000 r.May

I,
1,

'09-13
'14-16

4
5

NEW YORK-CITIES AND TOWNS.

48
LOANS-

When Due. Bonded debt Apr 1,1905. $'227,600
22,527,541
Tax valuation, real
Tax valuation.personal 1,703,6 6

Refun:>jnq Bonds—
313B, Mar. 1, $20,000 c. 1906-1909
($5,000 due yearly on Mar. 1.)

"<

195, 35
Franchises
Total valuation 1904.. .24.426.622
Assessment is 4-5 actual value.
County tax rate (perM.) '04. $5-32
43,211
Population in 1900 was
Population in 1890 was... 46.172
42,868
Population in 1905

3»as,Mar.l,$12,500.'.Mar.l,'10-'ll
3i«8,Mar.l, 20,000 c.Mar.1,1912-3
3»ss, Mar.l, 24,100 o.Mar. 1,1914-8

Armory Bonds—

$9,000e.. Mar. 1, '06-08
2 000
Mar lf 1909
Int. payable at County Treasury.

MAS

4.« jji<s»,
48,

)
^

coupon bonds payable at office of CountvTreas'
nrer; on registered bonds in New Yoik exchange.

INTEREST on

W. Fedder, City

($10,O0o due yearly.)

1936-1939

J&J, $35,000

J&J,£

48, 04.
10000 Jui y i, 1940
P^City Sewer Bonds—
7s, J&J, $50,000. .Jan., 1908 to '17
4s. J&J, 40.000. July 1, 1949-'52

July

1

,

1

,

1 946

19061910

4s. M&S. $16,000 c Sept. 1, '09-'24
1911
1912-1917 4s, J&J.
3,000 c July 1, '06-'0«
12,000
M&S, 26.500..Mar. 1918-1931 Bonded debt Apr. 1,19 5..$2.»,000
Bond, debt Mar. 1, 1905 $51,500 Assessed valuation 1904. .1,6 ,6^9
13-83
Assessed valuat'n 1904. $3,135 757 School t »x iper M.) 1904.
INTEREST is paidbytho Knickerbocker Trust Co., Ne. York.
,

.

Geo. J
CORTLAND.—
Cortland County.
This

iVatcujiuer Cij&mbtrl'o.

,

city is in

LOANS—

Paving Bonds— (Con.)

WJien Due.

4s, Oct.

Sept. 1. 191
(Subject to call aftrr Sept. 1, 1904)
. .

.

n«t
VOX,.,

4s.

A&O,

1925

1905, $KO,900

,

,

J

«.000

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

Apr. 2, 1908

.

$35,514 16 July 1, 1921
1,0 6 25 July 1. '03-10
4,174 92 July 1, '06-11
Bond. debt Dec. 1, 1903 $22v>,383
Assessment debt (add'l).
40,654
Assessed valuat'n 190i..." ,061,496
Population in 905 was... 11,272
Population in 1900 was
9,014

May 4, 1912
3%s, ....,$^0,000
(Subject to call after May 4, '02.)
..

J&D, 19,500 .Dec. ',1924
Paving Bonds—
$53^
Sept., 1906
4s,8ept.,
4s, '04,

.

i

Oct., 1908-11
Oct., 1907

8,000
1,000

Oct. 1915-18
4.440... Oct. 1,1906-07
2 z2 y
Oot , !008

$1,000
J

(Subject to call.)

School Bonds—

48, Oct.,
4s, Oct.,

.

A.a
4B,

,

Refunding Bonds—
4a,

CORTLANDVILLE.-A.
County

K Rowb

Snperv'r.

and was separated from the city of
This town is in Cortland
Cortland in March, 1899. Cortlandville pays 187 per cent of the
refunding bonds and interest and the oity of Cortland 813 per cent.
When Due. Town debt May, 1905 .. $117,000
LOANS—
TOWN debtTax valuation, real
1,324,450

Refunding Bon is—

Tax valuation,

personal..

36,6°>0

1906-12 Franchises
19,625
191 3-14 Total valuation, 1904 ..1,370 72*
1915-18 Tax rate (per $1,000) 1904. $10 80
3»ae, .....
Population of T'n 1900 was 2,907
60,000 Mar. 1,1906-'
4s,
Highway and Bridge Bda.$ll,000
31*8
3128

,

,

$7,000 Sept.

2.000. Sept.
20.000 Sept.

1,
1,
1,

.

DANSVILLE-B.
This village

is

loans-

G. Foss, Village Attorney.

Srwer Bonds—

When Due.

3-75s04A&0,+79,800 tOct.l'Og^

4128, '96, $5 ,9-0 r 8ept. 1, '08-24
3*88, 1900, 8.P.00 r Aug. 1, '06-22
3.600 r Jan. 1, '09-14
48. 1904,

Bond. debt Apr.

1, 1905. $155,900
Aasea'd valuation 1904 1.456.0
Assessment abt. 7 % actual value.
Village tax (per M.) 190t....$7 93
Population 111 1900 was
3.633
Population in 1905
3,908

Street Bonds—

48,1901,

$2,500 r June

1,

'06-10

DEER
PARK.— W.
town
This

(P O. Port Jervisi

Is

S.
in

yearly to i>»10. $6,000
from '11 to '15, $7,000 from '16
to '20, $8,000 from '21 to '23,
to '26, & $10,000

from '27 to '29.)

Bmdgeand Highway Bonds—
+*V 00. .Feb. 1, '06 '07
4a Feb 1
°'-M 4,000.... Feb. 1, 1908
J

($5,00>

','4

Bevans, Cieik.

Orange County.

Refunding RR Bds— When Due.
3*28, F&A, $1 71,000.. Feo., '06'29

$9,000 from

.

in Livingston County.

wat R B. >NDS—
7

'

Bond, debt Apr. 1, 1905$1 -«,OO0
Total valuation 1904. ...2.479,638
Anscsi-ment about Hi actual value
Tax rate (per .f 1,000) 1904 $15-00
Population in 1890 was
11,483
Population in 1900 was. ...11,317

DELHI.— Geo. W
This town

is

in

Youmans

Supervisor.

Delaware County.
Oct. 1, 1905. $15?,000
Total valuation 1904... 1,285,338
Assessment about ^ actual value
Total tax (per $1,000) 1904.$l--23

& Oswego Midl'd RR.—
1906-1908
Ann.,$l \000
($4,000 due yearly on May 1.)
1910-14 Population in 1900 was
3^28, Ann., $30,000
3,243
Population in 1890 was
($6,000 due yearly on May 1.)
2,908
Vilt
i,e
—
1915
Water
$102,000..May
3*28, Ann.,
1,
Loan
4s, M&N $40,000 r
Interest is payable at Albany.
.,1907-1922
($10,000 every 5 years).
3^8, Ann., $8,000 ...Feb. 1, 1906-9
4s, M&N, $12,000 r
($2,000 due yearly.)
...1927
TAX FREE. —The bonds are exempt from taxation
N. Y.

3*28,

WIRTNRR, Mayor.

DUNKIRK.
— h.
This
Chautauqua County.
)

o.

i

city is in

LOANS—

A mt

Water bonds, 4s

-

Outstand'g.

& 3»us... $164,900

Warrants, 6s

(J9.587

Str Imp. Bonds—
Wh*i< Due.
4s'05,Fer»«8. 23581 C.Feb 7.'06-'14
48'05,Jan.,5,i 9 83 c.Jan.17'06-14
4s'05,Ken ,1,292-54 c
Feb »,'06
4s'0i Jau.23, 330-79o. Jan. 17'0614
.

48

,46,658 00 c

5

$15rt,000r. an.2.'0^-3l

COLEMAN, Mayor.
SEYMOUR LOWMAN, Chamberlain
ELMIRA — (W.
ISA AC H.LtiVY,
T.

}

City Clerk.

<

When

Contingent Exp. Bonds

Due.

-

J&J $28,000.. luly 1, '05-12
Grade Crossing Bonds—

3-35s
3138,

J&J, $5,000 ...July 1,1913

Bridge Bonds—

3i<js,r,A&0, $90,000

3128, r,
4s, '1 5.

. .

Funding Debt Bonds— Contin'd.
3^8,...., $22.000
..1H)6
3148, J&J, 98,000... July 1, 1930

School Bonds—
r,M&N, $30,000.. Aug.'08-10

4s,
48,
48,
4s,

c,

,

1911

16,500

.

M&N, $14,000 .Nov. 1,1906 3i28, JiiJ 15,000 July l.'06-20
S^s.r. M&N,
,000- Nov.. 1906
500 July 1, L918
3 'r, M&N. 20,000 Nov. 15/07 3>2S, J&J, ^ 12,000. Jul v l, 03 17
M&N, 2.000..NOV.1906 7 4s, J&J, i8,000.Julyl, '06-23
4s,
4s, M&N.
Nov. 1, 1908 48,
J&J,
8,000 July 1, '06-13
8,000
3*28, M&N, 3,000.. Nov., 1906 08
tat 5 9.0nO.Jiilyl,'08-'14
4s,04
JAd
3«28, MAN, 18.000. Nov. 1.1909
'n 8,500 Julyl, 1915
3^28. A&O, 22,000.Oct. 1, 1906'27 4s,*05,M&S 27.00or.. Sept.l, '06-32
1

f

. .

'

The only provision
is

Clerk.

Incorporated June 2, 1885.
Total debt Dec.24,1904. $2 <'9.186
Total valuation 1904 ...4,810,877
Assessment same as actual value
Total tax (per $1 ,000) 1904 $37 53
Population in 1890 was
9,416
Population In 1900 was.. 11.K16
Population '905
15,251
Interest on street bonds pa^ able
at Merob. Mat. Bank of Dunkirk.

for paying the city's indebtedness as

matures

it

direct taxation.

TOTAL BONDED DEBT-

.ran. 1, '05.
Aov.l. 1905.
Feo. 1, '03. Feb. 1,'02.
Total bonded debt.. $1,135,500 $1,140,500
$1,162,500 $1,113,000
ASSESSED VALUATION— Assessm't about 80 p.o. actual value.
Real
Personal
Oity Tax
Estate.
Total.
Tears.
Property.
per $1,000
*$16,8"V,638
«905
$847,930
$17,670,568
$1994
19'94
"16.820, K-0
1904
84:9,930
17,670,060
17-60
1902
16,095.098
1,298,890
17,393,988
1901
15,945,483
16 30
2,761.724
18,707,207
1900
15,703.320
1,912,238
17,615,158
17T2
17-18
14,894.645
1895
1,545,892
16,440,537
14-15
1890
12,258,494
1,116,200
13,374,694
13-15
511.300
1880
9.959.975
10.471.275
* Including special franohisep, whi- h for 1904 aggregated 565,600.
POPULATION— In 1P05, 34,692; in 1900, 35,672; in 1890 it was
30.S9 in 1880 it was 20,541.
_^
".';

5Fe.ED. O. MURRAY, Treasurer.
nnip r* r\T fNTT^AT"
cniliL/UUlNl
I — iALEX. SHEPHERD, Dep. Treaa.
.

County seat

is

Buffalo

When Due.
Armort Bonds— (Con.)
LOANS—
Road Bonds3*28, M&N, $52,500. July I, '06-12
M&N. $5»,500r. Julyl,'06-*22 348,'0"\ 150.000 r..Nov. l.'06'20
County B >nds Bond, debt Oct. 1, 1905 732,000

3138.

.

J&J, $25,00O.o July, *08 to '07 Asaess'd val'n, real .288,193,419
J&J, 100,000 July 1, '07-MO Assessed val'n. pers'l. 9.2K5.527
M&N, 100,000 Nov. 1,'11-'14 Valuat'n of franchises 13,563,193
M&N, 28,000. r Nov.l, '06-'09 Total valuation 1904 311,022 439
Armory Bonds State & Co. tax (per M) l901.$3-34
$20.000r Aug..'07&'12 Population in 1890 was... 322,981
4s. F&A.
3»28. A&O. 180.000r.Julyl,'06*l4 Population in 1900 was... 433.686
3»28, A&O,
10,000.. July 1, 1916 Population in 1905
473,682
7s,
7s,
6s,
4a,

FAR ROCKAWAY.—

See

New York City.

FISHK1LL LANDING.
This village

is in

LOANSF&A,
F&A.

3Vta,
4s.

Ort. 1, '05 $192,000
Assessed valuat'n 1905. 1 ,664,305
Assessment about 3 C actual value,
village tax(per $1,00U) '05. $1 1.40
Population 1900
3,673
Population 1905 (est.)
3,740
.

$96,000 r.l906-19?0
45,000 r 1905-1930

SCnO'>L B'»ND8—

M&N, $ O.ooO... Nov.
Wathk B0ND8-

M&N,

Strong, Clk.

When Due. Bonded debt

1„'06'10

4s,

3-99s,

-E. E.

Dutchess County.

Skwer Bonds —

$38,400 r.Nov.1'06-29
is payable at Flist National Bank, Flshkill Landing

INTEREST

FLATBUSH.-See New York City.

FLUSHING. — See New York
FREDONIA.—
E M Corey,
This

City.

village

is

in

LOANS-

Water Bonds—

When Due. Town debt

LOANS—

J&J. *57,500r.J;tn. 2 '03-28
Bond.debt Oot. 1, 1905 $279,500
l.oOOr.Jan. 2, 1932 Total valuation 1904... 44,941,390
^
65,000r. Jan. 2,1928 Population in 190O was
3^?, J&J,
81,670
Population in 1905 was ...81,689
INTEREST is payable at ofli e of County Treasurer.
ti
= in t
j«2S,j<»;,

4s,

School tax(per $1000) 1904.. $7-50
School IHst ict No. 13.

School District No. 9.

M&S, $10,000
1,000
M&S,

Sewer Bonds—
4s, M&S, $58,000.

County House Bonds—
313s,

<

CORNING SCHOOL DISTRICTS
5s,
5s,
4s,
4s,

Treaa.

1

($10,000 annually 1936-1938 and
$5,000 1939.)
a* >nt t*t I 5.000 July 1, 1939

Water Bonds—
J&J $ 0,000 ...

Haubennestel,

r,M&N, 20,000.. May 1, '10
.Oct.1,'22-24
A&O, 25,000 .Oct. 1, '25
r, M&N,
22,000. May 1, '11
M&S, 55,000. Sept.l, '35 48,
M&N,
8,000.. May 1/06
City Hall Bonds—
M&N, 12.000 May 1, '08
4s,
3»28, r, A&O, $5,000.. ..Oct. 1, '25 48,
M&N, 21,000.. May 1, '09
3 128, r, A&O, 60,000 .Oct. 1, '26-7 48,
M&N,
8,500 May 1, '10
Population, city, 1905
13,515 3*28, r, A&O, 10,000... Oct. 1, 1928 3k>s, MAS,
25. 000.. Sept. 1,'26
Population, city, 1900, was 11.061 3i«s, M&S, 5,000..8ept. 1, 1929
Pavement BondsTown of Corning— M.W. Robbins, 3iflS, M&S 30,000 .Sept. 1, 1930 3128, r, M&S.$20,000..Nov. 15, '28
Supervisor.
M&S, 10,000.. Sept. 1,1931 3i28,r, M&N, 20,000 Nov. 15, '29
3»as,
Bridge 5s, $13,000c.Feb.l5,'0^-*18
4 "28, M&S, 20,000.. Sept. 1,1931
Fire DepartmentBridge 5s,
3,000c. Feb. l,'06-'08
s', J&J, $12,000. Jan. 1, 1910 4128. M&S, 30.000..8ept. 1,1932
Interest is p yahl.• at Corning
3*28, J&J,
Redemption Bonds—
1,500. .Jan. 1.1910
Boodeidebr, >ot. 1,1905. $16,000
Park Bonds—
5 $207,000 .... 1912-1920
Assessed valuation. '04.. 852.708 312s, M&815, $16,000 Sept.15,1926 3128,
1921
28,000....
Tax rate (pcrM.) 190t... $11-78-1Funding Debt Bonds—
M&S,
3^38,
23. 000. Sep., 1906-28
Oct. 1, 1906
($5,000 due yearly) to Oct. 1. 1907
Tot.city debt Apr. 1,1905. $308,4 14
Tot. valuation of city '04 3,733, 80
Tax rate (per $1,000) 1904 17-80

River Bonds—
J&J, $100,000. Julyl,'26to "35

4s,

Hall Bonds—
A&O, $10,000

4s,

4s,
4s,

LOANS-

Court House and Jail Bonds—

LOANS—

City

10.000- .July 1,1947
5.000 .July 1,1948

5

seat
When Dim.

is

Clerk.

This city.situated in the town of the same name, is in Steuben County.
General Fund Bonds—
When Due.
LOANS—
City Bridge Bonds—
a
t* t J $20,000. July 1. '43-'44
J&J,
4s,
5,000. July 1,1945
£
4s, F&A, $2,040- .Feb., 1906-1908
)

DUTCHESS
CO — Wai.
Poughkeep9ie
county

Elmira is the capital of Chemung County. Incorporated 18«4.

CORNING.—J.

a* » di/irj
*J »
48

[Vol. lxxxjl

H ',500.0to-Aug.
Aug.
($2,500 duo

4s,

F&A,

I,

4s,

M&S.

*20.OO0.r...8ept. 1,

y'rly)

Building Bonds—

A&O, $18,000

Treasurer.

Chautauqua County.
Street Bonds—
When Due.
1,

1906
1922
1930

4s, M&S,
4s, F&A,
4s,g..'04,

Bonded

1, '06-11
8,-iOO.r.Aug., 'Ofito'll
16,2<i() r.Sepr..l,i9f>6-14
debt Oct. 1, 1905 $133,100

$15.000. r Sept.

Total valuation 1905

1,484,340

Assessment abt. "5% actual value.
Village tax (per $1,000)05.$13 00
School Bonds—
Population 1905 was
K
5,138
3V«8, Sept., $-.000
1907-191; Population 1900 was
4,127
INTEREST on the water and hall bonds Is payable In N. Y. Oity
*nd on the school bonds at the Comptroller's office, Albany.
3128,
4s,

,

0...
6,000. r

FULTON.

1906-1925
1908-'ll

<GEO. W. BROOKRR. Mayor.

(J. T. HARG RAVE, Chamberlain.
This city (incorporated in 1902) is in Oswego County and Includes
the old vilages of Fulton and Oi we«o Falls.
When Due. Bond.debt JuneS, 1905.. $303,050
loanswater Bonds—
Fioatmgdebt
8,000
3-40s, J&D, $192,000... 1906-1929 Total d«bt June ,3 '905.. 311.050
Sewer Bonds—
Total valuation 1905. . 3,313.490
4p, F&A, $67,500
1916 Tax rate (per $1,000) 1904—
4s,*05 j.v.J.10.001) r. Jan.l,'10&'15
East aide
$29-50
4s,'O5,J&J,15,0O0r....Jan., 1920.
West aide
2d 77
1925 A 1930 Population In 1900 was
8,410
School Bonds
Population in 1905
....8,848
-

4b,

M&N

$35 600

1904-1920

5

[

Joti^ McGrain, T
GENEVA.—
Ontario County. Incorporated
This city

is

in

A&O, 10,->00 r Oct. 1 ,*06-'08
A&O, 31,500 r_..Apr. l,*0tj 21
3J«8 A&O. 9,000 r..Oot. l.'Otf-'OO
3^3 A&O,l3>50r..Apr.V06-;22
31*8 AAO, 9,500 r.. Oct. l.'Ofi '10
3»28 A&O, 26,f>00 r..Apr.l,'0*i-;22

3>«s,
3i*s,

,

L Stearns,

Clerk.

Village Hall Bonds—

When Due.

LOANS-

'Mj.

.

GLENS FALLS.-S.
Warren County
in

1893.

$88,000o.. Sept. 1, 1916
Oct., '05 ...$491,500
63.371
Sinking fund
Assessed valuation, real.5. 273,521
pi
873,800
raonal
Assessed val.,
134,950
Franchises
valuation,
U04. 6,2x2,271
Total
Tax rate (per $1,000) 1901 $13 82
7,557
Population 1890
10,433
Population 1900
12,250
Population 1905
Geneva School District —
4s,'04, M&N, $5,000. .May 1, 1906

4,000. Apr.l,'06-'25

is

1,

Bonded debt

A&O— V.SO.p. 1072.)

This village

Jan.

Sewer Bonds—

4s

3S8, AftO, l'/.OOO r..OcM,'0t>-'ll
IV* A&O 18 250r..Apr.l.0rt-23
31ob A*o, 12,21 Or. Oct, i,'05-*l2
'24
%? A&O 22,500 r- Apr 1,'OK1903
1, 000 r.Oct.1...
7
\Z>
i
A&O, £ 10 | 5 oo r.Oct.1,'07'13
48,

A&O,

HORNELLSViLLE.-K

>

4s,A&0, $150,001) o..Oot. 20, 1926
Special Afpbop'H Bonos 3^8 A&O, *8.80t)r.Apr. 1, *06 13

streki
'06-' 19
3>«s, A&O.$i5,000r .Apr .1,

(Part each

-

Water Bonds—

When Due.

LOANSBonds—

4s, '05,

3iss,J&D, $57,ri00 c. .. June.'0G-'29
4^8,Nov., 6,000 c Nov. l,'<'6-'07
3^38, Sept.,$25.000 r....- .... 1912
1, 1905. $34'S,000
34s, ^ept.,142,000 v.... 1907-1912 Bond, debt Mar. 1904.
...6,003,374
Total valuation
Water Bonus—
Assess, valuat'u abt. >2 actual value
48. J&J, $60,000 c... 1906-1917
..190 d-1913 Vil. tax (per $1,000) 1904.. $14-76
40,000
4s, M&S,
12 ,6 13
Population in 1900 was
Interest payable in Glens Falls.

Glens Falls Union Free School District.

— Fr^uk

D. M'Tefiowee, Ol^rs.

When Due. 58, ....,$10,000.. Dec. 1, '05 to '06
$90,000 C.Dee.l,*07'21 Bon<L debt 'ot. 1, 1905 $110,000
10,000.0. Dec. 1, 1922 Sehuol tax (per M.) 1904 ....$900

DANS—

|

•

4s,

riTr?
J&D.

>

£

EVEREST, Chamberlain.
__ ^xrcoo^rTT t rr
JO.
—
stetson,
GLOVERSV1LLE.
[m. v.
Fulton County, was incorporated
which
L.

cierk.

b.

Gloversville,

is

situated in

a city March 19, 1890, having theretofore formed part of the town ol
Johnstown. [$150,000 bonds offered Nov. 21. See V. 81, p. 1333.

Voting

When Due.

LOANS—

M \chine Bonds-

Jan., 1906
$500 r
Refunding Railroad Bonds-

Bridge Bonds-

M&N.$5,000.c... May 1,1906
Deficiency Bonds—
4s, M&N,$28.000.r.... May 1,1922
LOCAL Imp't BONDS4VS8, Feb., $3,000 C.Feb.. lS06-'07
Jan., 1906
2,500. r
4*28, Jan.,
4138. Apr., 2,^00 r.Apr.,1906'08

j

|

I

I

I

4s, A&O, $14,000. o. ..Apr. 1,
3Hss, A&O, 22,00C-.c... Apr. 1,

3^*, A&O, 23,000. c. .Apr.

1,
1,

F&A, 27.000.r..Feb.
Water Loan

3*23,

1915
1911
1913
1917

1907
5s, Jan. 1. 17,500 c. Jan. 1, 1910
(V. 76, p. 669, for maturity.)
55,0000 Aug. 1, 1909
41*8, Feb., $10,40J r.F.b.l. '06'09 3s, F&A,
50,000c. Deo. 1, 1917
3!*8, J&D,
(V. 78, p. 354 ror maturity.^
4i«8, Dec, $6,400 c.Dec.,1,'05-06 Bond, debt Oct. 1, 1905.. $356,500
100.O0O
....
4^s'05, Feb. ,$15,000o. Feb.l.'06 10 Floating debt
Water debt (included) ... 1 45,500
(V. 80, p 17% for maturity.)

Assessed valuation, real 4,070,41
Assessed valuation per'l 252,900
4.322,315
1921 Total valuation 1904
3-iS, F&A, $175,000.Aug. 1,
Assessment about actual ^alue
97,5tt0. Feb. 1.06-20
\
„<
.
3i2S. F&A,
s)000.Feb. 1, 1921 Total tax (per $1,000) 1904$3o-39
\
Population in 1905 was ...13,259
Park Bonds—
July 1, 1911 Population in 1900 was ...11.918
4s, July, $50,000
Horm-llHvilte School I 'ml. No. 7—

|

6s, Sept. 1, $23,000 c Sept. 1,

I

|

The city has no sinking fund.
Assessed valuat'n, real. $6,335,975
427,375
Assessed val't'n, pers'l.
3>48, A&O.j
Total valuation 1«05... 6,763,150
Assessm't about 60% actual value.
3J4S, Sept..
Tax rate (per $1,000) 1905.$26'80
^
18,349
Population in 1900 was
Fire Department Bonds—
3»«8, Aug. 1. $25.000.rAug. 1, 1932 Population in 1905 was ...18,672
INTEREST on tae water bonds Issued in 1885 and 1889, on the
Fire beparrment bonds and on the school bonds, is payable at Glov
ersville; on all other issues at the Fourth National Bank, New York.

School Bonds—

$3,000. rOot. 1. 1907
15,0 sO.rOot., '08-'10|
2,000 rOct. 1,1911
5,000 c.Sept.1,1906
2,000 cSept.l, 1907
I

8KWBR BONDS—

,„,...„.
C. E. 8hults, Secretary.
M&N2, $100,000.. ... 19171926 4b,'O5,J&J,$14,O00
<Jan. 1,07-13
29-)
May
on
yearly
(*10,000
$130,500
1905.
1,
Bond, debt May

JORDAN PHILIP,
TTT^^ _,
HUDSON
WM. WORTMAN,
1785
Hudson was
The
,

r ,

Treasurer.

(

.

Clerk.

\

GRA VESEND. — New York
Alex. McClelland, Sup'or.
GREENBURG—
Bonds
town
See

City.

in Westchester County.

are tax exempt.

Funding Bonds—
When Due.
Washington Ave. Bridge He- 4s,'04,F&A.$79,000r. Aug.1,1924

4s,

7s,

($2,000

4s FfcA. 20,000 C.Feb 1, 1908-'ll
M&N, 6,000 o....May 1, 1918
3>«s.M&8,2O,0O0r Sept 1,1912-21
Street Improvement Bonds—
1, 1906-20
4s,F&A, $15,000 c Feb.l, 1906-'08 34js,A&0, 7,500 r. Oct.
debt May 1, 1905 $522,750
4s, A&O, 25,000 C.Apr. 1, 1909-M3 Bonded
2 »9?I
debt
4s, Feb., 19,000 O.Feb. 1, 1914-'23 Floating
debt May 1, 1905. 524,817
4s, M&S. 25,000 oMar.l, 1915-'27 Total
8,571
3*28. Aug., 6,0O0c.Aug. 1, 1908-'13 Sinkingfund
1905. .. 516,246
4s. F&A, 15,C00c.Feb.,1914 to '16 NetdebtMay 1,
4,399,400
vaiu'n, real
4s, F&A, 10,000 c.Feb., 1917-'18 Assessed
Assessed val., personal 1,273,426
Refunding Loan—
valuation 1904.. ..5,672,826
34:3, M&N, $7,000r.May 1,1906-12 Total
Assessm't about 66% actual value.
(Exempt from all taxes.)
.$26-02
Tax rate (per M. ) 1904
Water Bonds—
10,29©
4s,04.July$220,000r.Jly.l.'0fi-22 Population in 1905 was
was
9,528
(See V. 78. p 261 4, for maturity.) Population in 1900
4s,'05,july, $50,000r.july l,"^3-24
the City Treasurer
is payable in Hudson at the office of

Deficiency Bonds—

3*28.

$14,000c.Julyl.l906-'12

4s, July.

. .

INTEREST

—

IT,HACA.-H.
This city

is

in

Tompkins County.

...

.,

$10,000.july

Bridge Bonds—

4s, .....

School Bonds—

When Due.

LOANS—
3-3s,

•

G. Carpenter, Trea8tue'.
1,

191&
1919
$2,000
Vot. machine bds.'05'07.
Total debt Jan. 1, 1905.. 235,000
10/"
1904..
09,910
Exempt valua'n,

1906-07

3^8,

1916 to 1925

$20,000

($2,000 due yearly).

Sewer Bonds—

Unexempt

48,g,J&J,$125,000.Julyl,'06to'26
4s)-04,J&J, 3 000 ..July 1,1922

Water Bonds—

i

J

Jan.

J&J, $50,000

1,

Assessment about

1944

JOHNSON, Mayor.
i\/rco--r^VX7'TVT
JN — JOHN
W
SHAW.
AMESTO
March
Chautauqua County
a

.

This city

J- E.

J

LOANS—Bonds—

31, 1886.
Incorporated
Refunding elec. light bonds—
a
r*n ) $28,000 r Dec. 1, '05-32
J&D,
4s,
3,000 r .Deo. 1. 1933
l
48, J&D. 26.000 r.June 1, 1906-31

When Due.

Hall
4s, M&N, $65,000 r..Mayl5,1925
Paving Bonds—
City

Paving Certificate Fund—

$3,000 r.... July 1, 1907
4s, J&J,
4s. A&O, 18,000c. ..Apr. 1,1909
J&D, 3,000r....Oct 1, 1912
4s,
3»28, A&O, 6.00J r....Oct. 9, 1907
1909
3^8, J&D, 11,700 r.... Nov

3-75s,June30$2, 60. Nov., 1906-09
18,450 Nov., 1906-08
4b, J&D,
6,150 Nov. 14, 1900
is, J&D,
7,350. Jan , 1906-10
4s, J&D,
16,800 Oct. 1,1906-12
48, J&D,
anytime
2,767
5s,
1

3^8, J&D, 6,100 r....Jan.4, 1910

Water Bonds —

.

,

.any time
10,100
$18 292
Miscellaneous d^bt
Mar.
1.
1905
1,073,800
Bond, debt

cMar.20,1943

H Luther Weeks, Town 01k.
HEMPSTEAD—
town
was
Hempstead now atownln Nassau

formerly a
County, but
is
Queens Co.. then including Far Rockaway.Hempstead, Inwood, Lawrence, Rockaway Beach and Seaford villages. On Jan. 1, 1898, that
portion of tlie town lying "westerly of a straight line drawn from the
southeasterly point of the town of Flushing through the middle of the
channel between Rockaway Beach and Shelter Island, in the county
of Queens, to the Atlantic Ocean," became part of New York City,
under the Greater New York Charter. This boundary was changed by
the Legislature in April, 1899, and the new boundary is that portion
of the old town of Hempstead •' bounded on the east and north by
the east and north bounds of the former village of Far Rockaway,
and on the east by a line drawn due north from the northwest corner
of said village to the south line of the to wn of Jamaica, as it existed on
the thirty-first day of December, 1897." The bonds given below are
those remaining as a debt against the town after assigning to New

in

York City the portion belonging to it according to a decision of the
Supreme Court of the Third Judicial District at Albany Dec. 9, 1899.
1357

LOANS—

When Due. Assessed

Road Bonds—

val't'n, pers'l.

$861,601
370,886

Franchises
Total valuation 1905. 12.456,886
Tax rate (per $1,000) 1905.$ll-80
27.066
Population in 1900 was
34,766
Population in 1905 was
(For debts of Hempstead School Districts see "Additional State-

4s,J&J, $293,000 o&r. July 1, 1923
Bonded debt Oct. 1,'05 $293,000
Assessed valuat'n, real 11,224,860
.

ments" at end of New York State.)
I

NTEREST

is

payable at the First National Bank of Hempstead.

Hempstead
LOANS—

(V.),

75. 1»19
1905.. 1,149,719
5»5,000
Wa'er debt(iucluded)..
Assessed valuat'n, real. 10,408,260
49", 225
Assessed val., personal.

Paving

oertitioates

Tot. debt

Mar

1,

399.510
J&J, 25,000 r. June 1, 1921 Franchise assessments.
J&D. 20.00'» r..June 1, 1922 Total valuation 1904. .11, 04,995
Assessment about 60% actual val.
Fire Department Bonds—
Oct. 1, 1912 <ity tax (per $1,000) 1904. .$12-90
4s, J&D, $9,000r
22,892
Population in 19(>0 was
26,160
Population in 1905 was
S. M. & Tr. Co., !Vew
INTEREST on water bonds is„ pay ible at U. Bank,
New York; on
York; on other coupon bonds at Chane National
registered bonds at Jamestowti or in New York Exchange.

4s,
4s.

.

I

In May, 1897, the name of Greenbush
was changed to Rensselaer, which see for present amount of debt.

p.

5s,

4b,

.

GREENBUSH. —

See V. 69,

Treasurer.

B.

J

is in

.

.

vaiu'n, 1904..7,259,547

23 actual value.
Total tax rate (per M) 1904.. $2096
1906 Population in 1900 was. .....13,136
14,615Population in 1905 was

Deficiency Bonds—
$10,000
6a
4s,

$10,000
45,000

4s

»«.« S $300,000
A&O,
$228,000
Bond, debt May, 1905
} 26 s,oy0 oMar.31,'06-23
pair Bonds—
Sewer Bonds—
48, May, $4,875 r.May 1, 1906 '08 Assessed val't'n, real..$25,368,555
Wash. Ave. Extension Bonds— Assessed val., person'l. 3,993,815 3ias, M&S, $50,000 r ..Mar.l, 1923
430.400 4s, J&D, 111,000 c&r Deo. 1, 1923
1914 Franchises
,$149,000 r..
4s,
Highway Impkovem't Bonds - Total valuation 1904 29,792,770 4s, M&N, 50,000 r May 1, 1917
actual
valne.
20.000 r.Mar. 15, 1918
Assessment about
4s, J&J,
4s, May 1, $1,000 r.. May 1, 1906
3»«8,J&J, 20,000r..July 1, 1920
4e, May 1, 2,500 r Mav 1. '05 '07 Tax r tte (per $1,000) 1904Insideincorpor'd villages.. $3-61
Outside incorp'd villages .$6-77
15.564
Population 1900
18,635
Population 1905

county seat

Funding Bonds—
F&A. $1,750 r Feb.l0,1906-'14
Refunding Water Bonds—
4s, F&A, $10,000 o. Aug. 22, 1908
4b) F&A. 10,000 c.Aug. 22, 1909
($2,000 yearly).
SCHOOL BONDS—
M&N, $6,000 c.-.May 1, 1918
Feb. 1, 1907
due yearly) to May 1, 1920 4s, Feb., $4,000 o

When Due.
LOANS—
Cemetery Bonds—
4s, F&A, $18,0000 Feb.l, 1906-'14
4s, A&O, 10,000c Apr. 1,1912-'16

LOaNS-

m-Tirfcw S 112,000 r.. 1906-19
..s,'0d,M£N,>
1920
4t00r

It is the

incorporated in

city of

Columbia County.

of

I

|

.

48,

1

is

When Due

LOANS—

1

This

her aid.

4s, Jan..

3138,

City

Jones,

A.

This City istn Steuben Comity.

Water Bonds—

\

Sewer Bonds—

I

19

NEW YORK-CITIES AND TOWNS.

Nov., L905.

Nassau Co.— M.

0.

Hedges

Olt.

$59,900
When Due. Bonded debt Jan.
1921 Assessed valuat'n 1904.1,118,595
4s, g., M&S, $50,000
Village tax (per $1,000) '04.$12 00
Water Bonds—
3i«9, g.,M&V, $2,800 Mayl, '06-19 Population lttOO
3,582
3,653
3^s,g.,M&N, 6,600. May l,'06-27 Population 1902
1, '05.

I

„ rim™
Dist
Jamestown cSch.
-r

—

5
}

R- R-

ROGERS,

Supt.

<-t

Schools,

edward j. green, secretary.

[$105,000 voted but not yet issued.]
$45,6fO
When Due. Sinking fund
LOANS—
1916-1922 Assessed val'at'n 1905.11,800,365
4s, J&J, $35,000
...1915 School tax (per $1,000, '05. .$7-76
4s, J.*J. 83,000
Bonded debt Oct. 1, '05 ..$118,000

JOHNSTOWN.This city

is

JOSEPH A COLIN.
F.

BOGASKIE,

in Fulton County.

When Due.
Local Improvement Bonds—

LOANS—

5s,

Nov.,$ 10,000.Nov. 24, 1906-07

School Bonds—

4s,
4s,

,

Chamberlain,

Clerk.

$28,100. .Nov. 1, 'Ofi-13
1914-1922
22,500

Water Bonds—

I

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

J&D, $75,000.r..Dec 13-18-23
....

20,5* O.c... July 1,

1908

A&O, 32,500c. Oct. 1,1906-18
A&O, 15,000c. Apr. 1, 1906 20

Bond, debt

May

Water debt

(included)...

1,1905. $240,500
145,500
Total valuation 1«>04... 3,516,895
,., nlfl
.„ >*10,000c.Sep.l,'06-15
5s,
04,Sep.
jV 00o 8ep L vnl6 Tix rate, (per $1,000) 1904. $28*20
}
5s,'05,M&S,ll,000 c.Sept.1,'06-16 Population in 1900 was.. ..10,130
9,845
Population in 1905
,

Skwek Bonds —

KINGS CO. — See New York
DAVID WEIL, Treasurer.
W
TTVTr^ C-tTOTVl
kVllNl-XO
1 WIN. — JOHN
(TJMMINGS.
City.

S

J

This city

is

When Due.
LOANS—
Refund. Wallkill Val. RR.—
3>flS,

F&A,

.erk.

T.

the capital of Ulster County,

$110,0OOo.Feb.l,'06-lO

lnc rporated 1872.

Water Bonds—
3^8,semi-an., $600,0000 1912-'36
4s, semi-an., $150,0000. 1913-1937

— —

NEW YORK-CITIES AND

50
LOANS—

When Due

LOANS-

Assessed val'n, per'l... $467,400
242,9'
Ass'd val'n f ram- hise..
$50,00<>c. Jan. 15,1911-12 Aas'ed val.bank shares. 1,347,951
Jo J, 36,500c. Jap. 15, 1914 Total valuation 1904 12,900,101
J&J, 31. 500c... .JaQ. 15, 1915 Assessed about 80% actual value.
Bonded debt Apr. 1,'05. $978,000 Tax rate (per * ,00a) 1904 $23-60
Note debt
99,058 Population in 1900 was ...2-1,535
Water debt (included)
750.< '00 Population in 1905
25,557
Assessed val'n, real
10,841,850
All the refunding bonds are optional and are now subject to call.

Refunding Bonds—

4a,
3b,
3s,

W.

4s,'05,J A D.J50.0

Clem Board

,

4s,
4s,
5s,

PHD

T
r^r XZ J-'*-' in. HT
L
J_L-»0*V

5

BENNETT,

E. 8.

Clerk.

IB. M. HUTCHESON, Treasurer
This city (incorporated April 11, 1865.) is situated in Niagara Co.
When Due.
Police Headqrs. BondsLOANS—
Union school Bonds—
Is.
sj, +9.000 r Jau. 1. 1908-16
'06-13
$80,000
Nov.,
Emergency
Bonds—
3ios
M&N \ 5,000 rr.Nov. 1,1914 4s, J&J, $7,200Health
d^s, jvia.n,£
r Jan. 1, 1906-14
13,00or Aui!.15,'0t;-18
4s. Aug.,
ASSESSMENT Bonds Police Department Bonds—
Is & 5s. ... ,$"1,780 13
4s,'05, J&J, $3,0
r.Jan.l, '06-08
Water Bonds—
4s.'< ft, J*J.
9.000.. Jan. 1, '09-17 31^8, M&N,$.>,666 (i7r.Nov. 1. 1906
Judgment Bonds—
4s, J&J,
3. OOOr.Jau. 1,1906-1908
48,'04,J&J,$3,600 r Jan.1,1906-09 4s, J*J, 1.200r .Jan. 1, 1906-08
Street Imprt. Bonds—
Bonded debt Dec. 1, '04. $227,739
r
4s. M*N. *;•. 00. Nov. 2, 1906-08 As esxroent bends (inci )
.780
Fire Deit Bonds—
Interest payable at City Treasury.
4s.'04.J&J. $4,500 r.Jan.l, 1906 14 Total valuation 1904
7,93 ',197
Intermediate School Bonds— City tax (per $1,000) 1904.. $17-01
M&N,
$10.000r
Nov.
4s,
1, 1916
Population 1890 was
16,038
'.815rJ'lv 15, 1900-08 Population 19C0 was
48, J&J,
16.581
4s, F&A, 13.000r.Aug.15, 1906-18 Population 1905
17,552
4s.'05.Aug.,4,000 r Aue.
..
4, -o«-lo
The city owns $10,000 worth of stock of the Lockport Hydraulic Co
I

.

I

I

NASSAU
CO.— C.
Created

See

1

3Hs,

Wator bonds

M

DDT ETO

I

;£.

$101,500

•

•

This city

in

Is

LOANS—

W

FRANK

SHUDDER, Treasurer.
\
T\T
1UVV1N
1- B. A. TAYLOR, Olerk.
Orange County. Incorporated June 9. 1 *88.
When hue.
Water Bonds— (Con.)
H.

'

1

Railkoad Bonds*—
3k'S, K&A,
90,000.r.Aor.
1931
A&O, $20,00- 'r. Apr. 1, '06-07 3VB, F&A2, 27,000.0 Feb. 1,
2, 1923
Refunding Bonds—
Bonded debt Au^.l, 1905 $405,700
3198, MAS, $8,0"Or
190<;21 Floating debt
70i
3128, MAS. 10.u00r.May, 1922-31 Sinkingfund
34 629

Water Bonds—
4s,
FA A, *4O.o00.r.Aug.

Assessed valuafn, real. 4,8"JO, l '-o
1, 1911
Assessed valuat'n, pers'l 235, 200
3^8, M&S. 12,00 .r. Mar. 1, 1913 Franchise valuation. ... 114.100
31*8, J&J, 10 «0"0.r.July 2, 1918 Total valuation 1905
..5,190.28
(Subject to oall after July 2, 1899 ) Aeseesm't, about 50%
actual value.
3198. MAN, $75 OOO.r May 1. 1910 Tota' tax (per
$1,000)
$2- *4
1905
3i*8, FA A.
10.0 >0.r Feb. 1, 1:<13 Population in lwOu was
14,522
3k8, F&A, lOO.OOO.r.July 1, 1921 PopiDlation in 1V05
14 516
e r lroadb(> ,1 rt s Included abov« were Issued
jointly by the olty
*J.
i
ofMlddletown
»

.

i

INTEREST

and tue town of Wallkill.

Is

J.

County seat is Rochester.

LOANS—

B Hamilton,

When Due. Assessed

.

Treas.

val'n, per'l.... $7.fl23,056

. .

Total debt ) t. 1, 1905
$ ?50,000 Population in 190'> was.. 217,854
Assessed val., real
150,397,434 Population In 1905
239,41..
INTEREST and principal payable at the Am. Ex. Nat. Bk., N. Y. City
1

MOUNT
VERNON.— fi^^^o^^comptr.
M
V
in We8tche8ter

on Ma?ch 22?1892.

LOANS—

Highway Bonds—

County- The city received 'its charter

When Due.

4s, F vA, $10,000. Aug. 1, 1906-'07
4s, F&A, "0.000 .Aug. 1,1908-16
4s, M&S. 100,000 .Sept.l, 1917 26
4s, F&A, 100,' 00 Feb. I, 1927-36
4s, M v S, 30,000 .Kept. 1, 1937-39
4s, MAN. 40,000. Nov. 1, 1940-'43
4s, J&J,
50,000 .July, 1944-*48
4b, MA v. 3O,0o0
May,1949-'51
4s,MaN, 5,000 May 1, 1952
4s. 04 AAO 15.000 Oct.l, 1953-55
4s, u5,J.vD, 20,000 c. J 'no, 1934-37

Library Site Bonds—
M&S. $16,000
.Mar. 1, 1932
Redemption Uonds—
4s, J&D, $59,000
Dec. 1,1906
4s,

4s,
4s,
4s,
58,

F&A, 6i,000..
Feb. 1,1908
A&O, 50 000 .. Oct. 1, 190-<
J&D, 40,000 ...Dec. 15, 1908

J&J, 30,000.... Jan.
Assessment Bonds—

4b,
4s.
4e,
4s,

J&D,
J&J,

J&D.
M&S,

Ass'd valuat 'on, pers
Total valuation 1904

2,232,218
29,812,518

Asses8in'tlrom40t«»60p
M&S,$105,000c&rMar.'O7-ll Population in 1 900 was
Bond.debt Oct. 1, 1905.. .$355,000 Population in 1906

NEWZ BUR OFT
is

4s,
4s,

1,
1,

3s,
3s,

F&A., $25,170r.. .Aug.
J&J..

Incorporated Ayrn 22, 1865,

When Due.

Hall—

A&O. $t,000r..Apr.
A&O, $5.000r..Apr.
Glebe Fund—

1906-13
1906-15 4s,

A&O,

4s. '04.
5,

1, '0<>-'14
1, 1915
10,000r..May 1, 191G

F&A, $1,742-1 4r.. Feb. 1,1906
A&O. $1,454-P3r Apr. 1, 1906
FikkDh't Bonds—

3128,
3s,
4s,

Park Bonds—
3^8,

M&N,

Juno

10,000r..July

Paving Bonds4s,
4h.

4s.*04,

$3,*H0r Dec 1, 1905-12
40 50<>r.Jnly 1 1906-14
4,0(>0r..Oet l,'06-'13
1, '06-14

,?&D. 7.2 or. June

Water Bonds M&N, $:-i,000r May, 1906-11

1935

48,
4e.
4s,
4s,
3128,

$4,5fi0r

the

Improvement Bonds— (Con.)

313s, J&D,
3138, .TAJ,

1.437-37r. July 20, '43

48, J&D,
3i28, JA J,

WILSON, Mayor.

D.

,T -

met by water rents

LOANS—

City

JONATHAN

55,448
69,477

Clerk.
J?- TheCOUTANT,
County,
principal and interest on

7?"
P,
This
city is in Orange
r

water bonds

5

value.

o.

4s, g,

M&N,$10,800rNov.l,*0(i 14

3 198,

Sewek Bonds—

M&S, 20,000r.Sept.
F&A, 125,500i- Feb.
M&S, 44.000r.Feb.

M&N,

1,
1,
1,

1911
1912
1912

35,000r Nov.,1906-*23
($1,750 yearly.)
$18,000i Sept. 1, 1907
20,000r.8ept. 1, 1906
M&N, 8,v5or.Ma* 1, '06-16
MAS, 4,000r. Mar. 1,1 906-09

M&S,
M&S,

,

($2,000 due yearly) to Jan.

1, 1912
1, '0(>-23

3 k.s.'05,M&N,7,OOOr.Nov. 1.'06 15
Boud.debto. t 13, 1905 $ 63,186
Water dot (included).
3 0,000
l,*06-09 Assessed valuat'n real 10,165.030
(*3, 100 duo yearly.)
Assessed val't'n pers'l..
494,050
3>58,M&S,$10,(;eK 80rSop.l,'0(i-09 Asseshcd val. banhs. .. 1,315,7«0
(*2,666-7o due yearly.)
Total valuation, 1904 .11,974,840
3^8, M&N, $(!.232r.. Nov., 1906-09 Assesm't about 40% actual value.
($1,558 due yearly.)
City & sch. tax (per M; '05. $19-60
3138, M&S, $l,800r..Sept. 1, '06-10 Population in 190^
25,500
3^8, J&D, 2,l00r.Dec. 1, 190-11 Population in 1900 was. ...24,943
INTEREST is payable at otH e of City Treasurer.
3'i>s. ,!&.),

$36 OOOr.July

Improvement Bonds—
3Vjs, M&S, $1 2,400r..M«r.

.

NEW LOTS. — New
CHAMRERLAIN.Comp.
NEW ROCHELLE. :CHAS
JOHN H HARMER.
KAM »1ERMEVKR,
York

See

This city

Westchester County
When Due.

Fire Department Bonds—
3V2S, M&N, $10,000. Nov., 1906-15
3^8.

F&A,

50,000.. Aui,'.
1,
"

City Hall Bonds—

School Bonds—

1,

1910

$"0,000.... Dec. 1,1905
60.000. ... July 1, 1906
38,o
.. Dec. 1, 1V06
80,000.... Feb. 1, 1907

6s,

J,

15o,000. J'ne 1,'3

4s
48.

M&N
m&y,<1 55>00l May
,,.„
M&N,

1

'

'

'

,

(

000 Mayl,
-

191626
1927

16,000 May 1 , 1906-13
4s '05
UD M&N
M <SJN $1 1.500 r.May 1, 1907
16,000r.Mayl,'08-23
4e, M&N, 5 $5,000 r.
May 1,1910
1905.
< ^-O.OOOrMay 1,1911-30
4s.

i

A&O.
Land Damage Bonds—

'

1906-23
1924-28
1925-29

'

.

-

Judgm't& Dkhcikncy Bonds—
M&N, $66,000 May 1. 1906-27

48,

Sewer Bonds—
48, A&O, $100,000. Oct.5, 1908-'27
5s, A&O,
95,000. Oct.l, 1928-'46
4s, A&O,
65,000
1947-1959

Cektific's of Indebtedness -

Sewer Certificai es—

5s,

($5,000 annually on Oot. 1.)
,$34,778. Aug. 1, '10-28
F&A, 120,000.. Aug. l.'10'49
3%s.J&D, 23,122 20 Dec.1,'05-27
48/05
vian^ 7,000 r.May 1.1908|
wo, yiajn
,
^ 90,000 r.Mayl,'09-26
^"«8,
3^.8.

50 ... July 1, 1906
24,ooo..May 1, 1906-13
12.000.. May 1 1914-15

$7,,

,

63
30,000 July 1, '30-44
30 0OOr.Muyl,'O7-2l

3iss, 4.&0, $72,000.. Apr.,
3i2S, J&D,
20,000.. J ulv,
3»n8. JAjD. 3«),. 00 Jne. 1,

J&J,
(

M&N,$21,000.Nov., 1906-'26

&D,

Park Bonds—

J&J. $18,000 July 1. 1900-'14
Special Cert ifs. STkeets—
'10-34 5s
$4,250
May 1, 1906-'08

J&D, 140,000. June, 190f>-»33
A&O, 3rf.000.Apr. l,1911-'29

&

Treas'r:
Clk.

4s,

J&D, $11 ,000. June. 190<;-'16
Street & Highway Impr'm't—

3Vjs, J
31^8, J
4s '04,

City.

[CHAS.

is in

LOANS—

3i2S,
3»«8,
3i28.

Court House Bonds—
Total valuation 1904..158,02',490
F&A, $75(),000r. 1906-1920 Assessment about
4-5 actual value
($50,000 due yearly on Feb. 1.)
Tax rate (per $1,000) 1904. $4-9

3128.

85,000.Nov. 1,1931
100,000. July 1, 1929

3i«s,

paid at city treasury.

MONROE CO.—

J&J,

,

3*98.

,'

g.

3i«s,g,

>'

1,'05
$2'>2,333
Awses'd valuation. 1905 3,500 000
Tax rate (per M) 1905
$7-70
Population r 00
5,807
Population in 1905 (est.)
6 000

3-70b01,J&J,$l20.833J'lvl,'06-34
(*j.lt>6 67 due 3 early.)

M&N,

3i2S,

When Due. Bonded debt 0<-t.

SKWfR Bonds-

F. Lewis, Treasurer.

Refundino w ter Bonds—
J&D. $88,522 20r Dec.,'05-16
1,'06-17
3Vb
J&I > $18 OOOr.July
d^S.J&J,^
($7,376 5 yearly.)
35i( 00l JuI J tl917
School Bonds—
3H>s, M&S, lv3,OOOr.Sept,l,'06 '21
31*6, J&J, $i4,000r... Jan. 1, 1906 3 428, MAS,
8,V)or sei.t.l *06'22

City.

County.

Is in

LOANS-

I

LOANS—
When Due. County's proportion
Court House Bonds—
Qu'nsCo.d'bt ot.l,'05.$978,291
M&S. $65,000. Sept. 1,1930 Ass'd valuation, r- al $27,580,300

3198, g,

1

I.

This village

Assessed valuat'n, real. 23,5-6,605
Assessed val., personal
703,686
Special franchises
...
925,900
Total valuation 1904.. .25,216,191
Tax rate (per$l,Oi 0)1904 ..$19-33
Population in 1905
25,006
Population in 1900 was
21,228

I

Jan. 1, 1899, out of that portion of Queens County not
*.,
"
„..„
chined in
rn t.lm
Moo. York.
Va,.i.
t?«„ /i„k<.
;_.. .... *
Included
the nrAatAr
Greater New
For
debt, etc,
prior
to formation,
see Queens County statement.

.

LONG ISLAND CITY .— New York
MATTEAWAN.-b.
D. Eoosa.
Dutches

School Bonds, District No. 4—
M&S, $3,<'00... fcj.-p-. 1,1906
4^8, M&S, 3,500. ...Sept. 1,1907
4>98, M&S, 3,8<
Sept. 1,1908
4)*s,

Bridge Bonds—
Bond, debt Apr. 1, '05. $2,419,300
M&S, $30,000. .Sept.l,1921-'23 Board of Education
Refunding Bonds—
bonds (included)
317,300

Funding Bonds—

•

.

5s,

.

.

1906

48, '05, .....35.000

3i«s,F& A 15,40,000.. Aug.15,'28-31
43. F&A
40,000. .Aug. 1, '32-35

4s J&J '04
<ts,d<Kj,
ua \ $80,000.July 1,'14-'17
^
30,000.. July 1, 1918
(60,000 Jan. 1, '15-17
4s,'05,J&J,.?2«.000.. Jan. 1, 1918
(30,000.. Jan. 1.1919
16-19
4s
U5.Ji*n
AD {\ 40.000r.Junel.'
48, 'n<i
19>0 oor.June 1, 1920

JOS. G. HAZLETT, City Clerk.
{ THOS. D. FERGUSON, City Treas.
This city is in Herkimer County.
When Due.
Water Bonds— (Continued)
LO A N S—
3iss, July 1 $25,000.. Jan. 5, 1918
School Bonds—
3^s, July, $59,000... July 1, 1906 3198, July 1, 5 000.. Apr. 13, 1919
($2,000 due yearly) to July 1, '35. 3io8, JAJ, 50,000... 1907 to 1916
$10,000 S^s, J&J, 10,000. ..May 1, 1920
Sohool dist. loan 3*a%
($1,000 due annually onNov.15.) Total debt O t. 1, 1905 $411,000
Water debt (included)... 323,000
Paving Bonds
4ks.'o5,Au $4,299 42.AU.23T0-O9 Total valuation 1905
4,3 9.860
48.'05,July 20 000. Ju y 1, 1; 06-15 Assessment is at 60", actual value.
Water Bonds—
Total tax (per $1.000)
$24-14
3i88, Ju y 1. $83,000.. July 1, 1906 Population in 1905
11,122
3*88, July 1. 40,(00 Nov.26.1916 Population in 1900 was
10,381
3i88, July 1, 110,000
.1917

LITTLE FALLS.—

1,

50,000 Feb.,1939-'48
30,0«0 Aug. 1, 1931
35,000
Scho< il Bonds, District No. 5—
4s, M&S, $17,000 .... Mar. 1, 1906
($2,000 due yearly to Mar. 1,1913.)
4s, F&A, $4,500.. Aug. 1, 190G-'O8

n Junel,'26-35

Tax Relief Bonds—
F*A, $40.000.... Aug. 1, 1906
M&S, 40,000
Mar. I, 1906
J&D, 100,000
Dec. 1, 1905
48,'O.i M&S, 60.000. ..Mar. 1, 1908
Deficiency Bonds—
3^8, M&S. $40,000 Mar.1,1 923-26

of Education. While this district is now
Included within the boundaries of the City of Troy, the district organization remains a separate corporation within that city and the city
authorities have no jurisdiction in the matters of the school district
When Due. Assessed valuat n, real.$6,537,378
LOANS.
4s, J&D, $20,000o. Dec. 1, 1905-14 As^ssed val't'n, pers 1.
360,000
Ass'd val'n, franchise..
132,577
$2,000 due yearly.
4s, J&D, $34,000r.... 1915 to 1931 Total valuation 1905.. 7,029,955
Assess't about 94 p. o. actual value
($2,000 annually on Dec. 1.)
School tax (p. $1,000) 1905+6-713
Int. payable in New York City.
Total debt Oct. 1, 1905. .. .$54,000 Value of sch.prop'y,1905.$150,000
J. Shelliday.

3i2S, F&A,
3*28, F&A,
4s. 1905,

Building Bonds—

1.—

Dist. No.

Feb.

..

4s,M&N,$45,000
May 1, 1909
($5,000 due yearly to May 1, 1917.)
4s, J&J, $105,000... July 1,1918
($5,000 due yearly to July 1, 1938.)
June 1, 1934'-36
4s J<SIU,
J&D \( $30,000.
6 ,000.... June 1,
_. 1{
1937

3^s,M&N,6O,000..May, 1925-1927
3i«8,F&A,50,000
Feb. 1. 1928
3i*8.M&N 40,000 ....Nov. 1,1929
4s '04.A&O, 30,000.... Oct. 1, 1930

of Troy.

F&.V, $S6,n00

F&A, 40.000
Feb 1,1907
4b,'05 F&A, 3ti,000. Feb. 1 1908
School Bonds City of Mt
Vernon—

A& >, 10,000
Apr. 1, 1920
A&O, 5,000
Apr. !. 1921
3ias,M&S, 30,000. .Mar., 1922-1924

,

lxxxi.

School Tax Relief Bonds—

4s,
5a,

J&D, $10,000. June, 1906-1907
J&D, 110,000. June, 1908-1918
J&D, 5,000
June 1, 1919
A&O, 5,000
Apr. 1, 1919

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

.

Lansingburg Union Fkeb School

Vol

When Due.

Sewerage Bonds—

J<fe r,

LANSINGBURG.—SeeCity

TOWNS.

,

|

J&J, $3 .000 ...Dec. 22, 1908
(Subject 1o call Deo
1904.)
.

C'RTIFIC'H of TnJ)!. bted ess—
5s,'05,JAD, $40,000 Jun« 7, 1910
(Sui.jeot to rail ait. June 7, 1906.)
«s, ' 5.
$90,000 Apr.'3.1906
Bond.debt July 1,'05 .. $1,612,651

Certificate and oiher debt 89,639
Assessed valuat'n, real 17,284,200
Assessed valuat'n. pers 1. V46.200
4s M&N
acl
Total valuation. 1904. 17.530.400
4s, '04, M&N, 56 OOOr. May 1. '06-33 Tax
rate (1 er $1,000) 1904.*29-08
4s,'05,M&N, 19,000 r.Mayl,'07-'25 Population
1905
20,480
Population 1900 was..!..!. .14.720
*«#«*"
Interest payable atNew Rochelle and New York.

Local Improvement Bonds —
'

|

5 $18,000. .May 1, '08'13
'> 7^,000. .May l.'l4-'32

NEW UTRECHT.—

See

New York City.

:

NOV., 1905.

—

,

NEW

J

tvtcvxa vnDtf
Y
NEW

Ul TV

YORK-CITIES AND TOWNS.

Mayor.
$ GEO. B. McOLELLAN,
CJt-tJkV r"T 1 Y $EDW. M. GROUT, Comptroller.
The consolidation provided under the Greater New York Charter
became effective January 1, 1898, and New York City now includes
Kings County, Richmond County, and the following portions of
Queens County, namely, Long Island City, the towns of Newtown,
Flushing and Jamaica, and part of the town of Hempstead. For
comparative purposes we give below a statement of the debt of the
various boroughs forming Greater New York as it stood at the date of
consolidation, Jan. 1, 1898
DEBT OF GREATER CITT AT CONSOLIDATION, JAN. 1, 1898,
Sinking Fund.
Net Debt.
Tot. Funded Debt.
Boroughs.
r

.

Manhattan and The
$226,079,678 79 $85,654,317 52 $140,425,361 27
Bronx
6,784,055 69
78,424,719 84
85,158,775 53
Brooklyn
330,000 00
8,228,491 19
8,558,49119
Queens
3,358,449 96
3,3 58,449 96
Siohmond
$323,155,395 47

Total...

$230,437,022 26

$92,718,373 21

DEBT OF GREATER CITY AT PRE6ENT TIME.
Since consolidation up to O. tober 1, 1905, the greater

city has

lseutd $372,909,177 of new bonds, but the previously outstanding
debt of the various boroughs has been reduced. The following compares gross and net debt of consolidated city at different dates,
revenue bonds being included in all the years.
Total
Sinking
Funded Temporary
Vebt.
Funds.
Loans.
Net Debt.
Debt.
SS23.15fi,396
fRBOO $383,162,995 $92,718,878 $230,444,622
lun 1 1898
T«n

)'

Tan'
Tun"
Tan'
Tan'

l'
l'

l"

l'

I8»w

343,200,127

191)0

„ 358.104,307

1904
'lan' l'l9"5.
1.'
1905
Oct."

inn"

7,6

7,800
2.107,000
9,912,600

1901.'... 389.9 >5,8»9
1908. ... 416,202,224
19 '8 .... 438,fi03,423

22.467.iMi0

4N5.003.094

l'

41.748,000
34.457,000
76,061,275

892,018,<»99

420,174,824
40o.97i.028
62^.811.094
692,722,517
665,070,849

558.265,^7
689.609 574
debt, included in the foregoing,

...

The water

843,27«,727
868,111.907

99.06S.2P2
106,435.872
112,2*8.129
117,399.480
126,742,949
150,8^3,603

16?,330,3*>8

167,107,^62

244,220,436
262,670.085
279.725,370
308,773,844
884,228.074
375.H1H.091
435.892,164
498,562,897

was as follows at the sev-

eral dates bel ow
Water debt. Jan. 1, 1898. Jan. 1. 1903. Jan. 1, 1904. Jan. 1, 1905. Oct. 1, 1905.
$74,596,094
$73,944,592
$70,899,693
$75,979,593
$59,50«,249
Gross
49.866.855
51,029.505
48,152,47?
62.499.472
42.796.855
Net
valuation
of property in
The following table shows the assessed
the consolidated city for the year 1905. In 1903 the assessment of
real estate was made on the basis of about real value; 1903 and subsequent values, therefore, are greatly in excess of those for previous
years, and consequently the tax rate is muoh lower.
Pers'l Estate.
Total.
Tax Rate.
Real Estate.
'

Manhattan
& Bronx
Brooklvn
Queens

Richmond
Total
Total
Total
Total
Total
Total
Total

$

$

$

585,064,415
90,911,963
9,094,738
5,490,810

4,095,615,774
940,982,302
140,404,990
44,581,235

$

4,680,680,189

149051

1,031,894,-265

15*6264
15"5523
15-5821

149,499,728
50,072,045

for 1915.5,22 ,584,301 690,561,926 5,9^ 2,146,227 14-90 to 15-62
for 19.>4.5.015,463,779 625.078 878 5,640,542,657 15*13 to 15*92
for 1903.4,751,532,826 68<\866,092 5,432,398,918 14*13 to 14-96
1

19<>2.3,330,647,579 526,400,139 3,857,047,718 22-73 to 23-53
1901.3.237,778,261 550,192.612 3,787,1*70,873 23-17 to 2388
1900.3 1 68,547,700 485,574,493 3,65 J ,122, 93 2220 to 2342
1899.2,932,445.464 545,906,5(55 3.478,352,0 9 23-«4to3274
Under the provisions of the city oharter
PAR VALUE OF
registered bonds may be issued in denominations of $10 or any
multile thereof.
DEBT Constitutional Amendment Proposed.— An amend
inent t" the Constitution voted upon at the election held Nov. 7, 1905,
amende Sec )0. Art. 8, by exempting debts or N. Y. City incurred after
figuring the debt limit. V.76, p. 1046.
Jan. 1.1 904, for water purposes,
Result of vote not known at time of going to press, Nov. 21.
BON JS— A. new Hind of bond (known as the
" General Fund Bonds") was created by the Legislature in 1903. It is
issued for the purpose of leieasing the surp us revenues of the sinking
fond of the old city of New York (amounting to upwards of 8 millions
yearly), and to allow the money to be applied To the reduction of
taxation Under the law the bonds will be issued only In the way
indicated, aurs they will be taken for account of sinking fund for redemption of the city debt No. 1. See V. 76, p. 610.
APPROPRIA1 IONS— The total appropriation for Greater New
York in 1898 was $77,559,332 37; in 1899 it was $93,520,082 03; in
1900 it was $90,778,972 48, for 1901 it whs $98,096,413 43, for 1902
it was $98,619,600 88; for 1903, $97,119,031 10; for 1904, *108.674,955 09; for 1906. $1> -9,81 7.693 03, and for 1906, $116,805,490 37.
for
f<T
for
for

1

BONOS—

WATER

m

GENERAL FUND

POPULATION—The population of Greater New York, according to

the U. 8. Census of 1900, was 3,437,202,
sus returns for 1905 was 4,014,304.

and according

to State Cen-

Details of Indebtedness.
The tables which follow give full details regarding the indebtedness
of the consolidated city and the various boroughs and other divisions
forming part of it. We show first the bond issues made since the
Greater New York Charter went into effect. Then we add statements
leporting at length the indebtedness of the separate boroughs all
the districts, towns and other divisions being in each case grouped
under the borough to which they belong
YOElIt.— Bonds issued since consolidation.
The loans marked IS. F.) are held wholly in the sinking fund. The
paragraph mark (If) indicates exempt from taxation exoept for 8tate
purposes; the double paragraph mark (IT II) indicates bonds are exempt
from all taxation including that for State purposes. See page 44
under head of "exemption from taxation" for charter provisions relative to tax exemptions. $12,500,000 bonds offered on Nov. 23, 1905.
;

:

GREATER NKW

r—Interest.

LOANS—

—

>

,

Principal,
Outstand'g.

Rate. Payable.
When Due.
name and PURPOSE.
Corporate Stock- Greater New York Oharter-

Armories
do
do
do
do
do
do

Tf

.11
.11

-IT

do
do
do
do
do

do

-IT

34»
3 m
3"a
313
34j
34i
Sis

..IF
.-IT
..1T

3
3
3

.11
.11

.11

Am. Museum

Nat. Hist.1T

do
do
do
do
do
do

3
3
3
3

.-IT

Awards for ch'ge of g'delT 3
do
do ..it
do
do ..II
do
do ..1T
do
do ..1T
Metropolitan Mus. Art.lt
do
do
1T
do
do
....1[
do
do
1T
do
do
IT
Botanical

Museum

IT

do
do
it
Mus. Arts & Soi ,Bkiyn..1T
do
do
IT
Paving Jerome Ave.... it
do
do
1T
.

3
3»fl

3
3
312
3
3

3

3
3>a

3
319

3
3ia

3

M& N
M& N
M&N
M&N
M&N
M&N
M&N
M& N
M&N
M&N
M&N
M&N
M&N
M& N
M&N
M&N
M&N
M&N
M&N
M& N
M&N
M&N
M&N
M&N
M& N
M& N
M& N
M&N
M& N
M& N

1923
s.f.
1930
s.f.
1940
s.f.
1941&1953 s.f.
1941
1953
1954
Nov. 1, 1928
1929
1953
1954
1953
m. f.
1952
s. t.

$19,500
115,681
56,063
984,153
550.000
100,000
250,000
550,000
300,000

100 000

100.000
75,500
52.000
1940-1941 s.f. 350,000
1928
s.f. 115,480
1941
s.f. 217,720
1940
250,000
1942
s.f. 187,500
1952&1953] s.f. 39,500
Nov. 1, 1928
600,000
1929
s.f.
50,000
1940-1941 s.f. 175,000
1942
S.f. 131,000
1952-1953 s.f. a±,ooo
Nov. 1, 1928
200,000
Nov. 1, 1928s.f. 175,000
1930
300,000
1941
s.f.300,000
Nov. 1, 1928
60,000
Nov. 1, 1928s.f.
12,000

LOANSstreets

do
do
do
do

—

If

....If
....If
....ir
....if

—

.IT

....ir

Dept. Correction bldgs.lf

do
do

do
do

II

....If

Dept. Publio Charities. If

do
-If
do
..IT
do
-If
do
-ir
do
..n
do
-ir
Dept. Street Cleaning -If
do
do
....ir
do
do
... .ir
do
do
... .ir
do
do
—.ir
do
do
IT
do
do
.- IT
do
do
do
do
do
do

—

Fire Dept.

do
ao
do
do
do

Bonds
do

Police Dept.

do
do

If

-IT

do
do
do
do

—If
...If

—

IT

-If

Bonds

1T

do
do

1T
IT

CourtHouse— Appellatelf
do

do

-If

Criminal Court House. .If
do
do
-IT
do
do
-IT
New Hall of Records... If
do
do
-If
do
do
—IT
do
do
—If
do
do
-1T
— IT
do
do

Docks and Ferries,
do
do
do
do
do
do
do
do
do
do
do

M& N
M& N
M& N
M&N
M&N
M *N
3s. M & N
3% M & N
M&N
3
3ia M & N
M&N
3
3ia M & N
M&N
3
M& N
3
M&N
3
M&N
3
M <& N
3
3«« M & N
3«a M & N
M& N
3
3ia M & N
M& N
3
M&N
3
M&N
3
3ia M & N
3ia M & N
3ia M & N
3ia M & N
M&N
3
M&N
3
3ia M & N
34t M & N
M& N
3
M& N
3
3ia M & N
3ia M & N

3

.A

.

3ia
34)
34s
3ia

3
3
3
3
3
3ia

3 43ia
3ia
34l

3
3
-If 3
3
..If
3
..1T

fto.1T

do
do
do
do
do
do
do
do
do
do
do

—

..IT

-IT

3ifl

..it

3ia
313
3ia
313

-IT
-IT
-IT
-IT

M&N
MAN
M&N
M&N
M& N
M&N
M N
M& N
M&N
M&N
M& N
M&N
M&N
M&N
M&N
<fe

M &N
M&N
M&N

M&N
M& N
M&N
3
34i M & N
M& N
Iinpt. "Wallabont Bas..1T 3
M&N
3
Health Dept. Building.
313
M&N
do
do
M& N
do Cond'n'n Bldgs.1T 3
3ia M & N
do Dept. Building
Sch. Houses, Sites&bldglt 3ia M & N
do
do
343 M & N
do
M& N
3
do
do
do
do
do -IT 34! M & N
do
do -ir 3ia M & N
do
do
M*N
do -IT 3
do
do
3ia M & N
do
do
do
M& N
do Bor. M
B.H 3
do
do
do
do
-IT 3ia M & N
3ia M & N
do
do
do
do
do
do
-IT 3ia M & N
M&N
do
do
do
-H 3
M& N
3
do
do Boro. Brook.
M& N
3
do
do
do
M&N
do
do
do
-IT 3
do
do
do
-IT 3ia M & N
do
do
do
-If 313 M & N
N
do
do
do
-ir 34r M
M& N
3
do Bor. Queens.
do
M N
do
do
do
-IT 3
M N
3
do
do
do
3ia
M N
do
do
do
3ia
M N
do
do
do
do
do
do
-IT 34i M & N
M& N
do Boro. Rich..*! 3
do
do
do
do
341 M & N
M&N
-11 3
do
do
do
M& N
High Schools & sites. -IT 3
do
do
-If 3ia M & N
do
do
-1T 3ia M & N
3ia M & N
do
do
..ir
M&N
do
3
do
M&N
do Boro RiohmondIT 3
do
M&N
do
3
do
New East Riv. Bridge.
345 M & N
M& N
do
3
do
do
do
—
31a M & N
3ia M & N
do
do
...
do
do
...
34j M <feN
3
M&N
do
do
...
3i* M & N
do
do
...
3ia M & N
do
do
...ir
M& N
Con. & Imp. St.John'8 PkTf 3
do
do
3
M & sr
M& N
East River Park Impt.ir 3
Cen.ParkAsphaltWalk.1T 3
M& N
M& N
Const'n &Iinp.of Pkys
3
do
do
M& N
.IT 3
M& N
do
do
-If 3
M&N
do
do
-it 3
3ia M & N
do
do
..ir
M& N
Imp.Pks.,Pkys.&Drives1T 3
M& N
do
do
3
do
M&N
do
-If 3
N
do
do
-ir 3»<i M
do
do
..n 3ia M & N
M&N
do
do
3
do
do
-ir 3>a M & N
34- M & N
do
do
M&N
Imp. Pks.,Dri.&P.Gds.1T 3
M&N
Con. of Spuyten DuyvillT 3
M& N
3
do
do
Pub. Dr'vw'y.Harl'mR.IT 3ifl M & N
4!

..IT

1T

IT

-

It

-ir

..IT

..ir

.<&

..If

IT

..IT

<te

If

<fe

..ir

<te

ir

fc

..ir

IT

.

..IT
it

.IT

...ir

IT
ir

ir

ir
ir

..IT

.1T

-IT

<te

..ir

..ir

.

ir

-Principal,Outstand'g.

When Due.

Rale. Payable.

34s

If

do
do
do
do
do
do
do
do

do
do
do
do

Interest.

,

NAME AND PURPOSE.
Corporate Stock— (Con.)
Repaving

51

JNov.l,'28&29
$350,000
Nov.l,'28&41s.f. 3( 6,500

Nov. 1, 1940
1941
1942

2450,000
2,000,000
2,000,000
1,500,000
750,000
3,150.000

1952
1953
1954
1952-1953

I".

1928&1929
1928
1952
1929
1940
1941
1942
1952 1953
1953
1954
1929
1929
1940
1942
1952-1953
1954
1953
1929
1941
1941
1953-1954
1953
1954
1940
1941
1954

s.f.

635 000
950,000
40,000
150,000

s.f.
31,518
s.f. 287,000
s.f.
35,000
s.f.
61,000
s.f. 532, oOO

17,000
s.f.
s.f.

s.f.
s.f.

200,000
100,000
300,000
62,668
251,431
4*4,474
200,000
lOv.%000

B.f.

s.f.

300,000
241,000
800.000
173.500
;»o,ooo

250,000
s.f. 136.390
375,000
200,000
Nov.l,'28<fe29
625,000
1929
85,000
1923
20,000
1952
97.000
1953
s.f.
35,000
1929
s.f. 150,000
1929
500,000
1930
250,000
Nov. 1, 1940
2810,000
1952
s.f. 500.000
1954
700,000
1928
s.f.3075,294
1940
s.f. 1374,706
1941
s.f. 800,000
1942
s.f. 850,000
1952
s.f. 1000,000
1940
2500,000
1941
6r 0,000
1942
1,500,000
1952 1953
5,5(0,000
Nov.l,'28<fe29
4,600,000
195 i
1.000,000
1954
3,150,000
1929
s.f. 100,000
1952-53 54 s.f, 1 2,500
1953
250,000
1919
S.I.
44,287
«

1

*

1954
200,0i>0
Nov. 1, 1928
1,820,785
1940
300,000
Nov. 1, 1928s.f.ll74,055
1942
1,800,000
1952-1953
4,700,000
1952-1953 s.f. 930 000
1954
5,600,000
1909-1929 s.f.2383,640
1929
1700,000
1940
1900,000
1941
1000,000
1941
s.f. 1000,000
1929
s.f.
85,615
1940
s.ft
7,385
1941
s.f. 300,000
1929
1800,000
1940
2190,000
1941
900,000
1909-1929 s.f.
17,650
1940
s.f.
49,350
1941
IS. J. 100,000
1041
300,000
1929
500,000
1940
150,000
1909 & 1940 s.f.
50,000
1929
100,000
1941
150,000
1929 & 1940s f. 273,271
1940
813,484
1941
800,000
1953
75,000
1941 1953
s.f. 113,637
1941
s.f. 100,000
1952-1W53
s.f.
75,000
Nov. 1, '28-'29
2,700,000
1929
s.f. 1287,824
Nov., 1940
4500,000
1941
750,000
1952
2.0d0,000
1953
s.f.l,55f>.000
1953
1,000,000
1954
3,700,000
1916
s.f.
50,000
1941
s.f.
15,000
1911
s.f.
71,500
1940
s.f.
2.000
1914
s.f. 100,000
1940
s.f. 100.000
1942
s.f.
90,000
1953
s.f.
10,000
1929
100,000
1909&1921 s.f. 146,500
1918
s.f.
15,000
1942
s.f. 125,000
1942
150,000
1952
250,000
1952-1953 s.f.1,131,^00
1953
450,000
1954
800,000
1953
s.f.
297,500
1923
s.f.
65,000
1941
s.f.
30,000
1940
300,000
.

u

—

,

NEW YORK-CITIES AND
LOANS—

—Interest.

Name and PURPOSE.
Rale.
Corporate Stock— (Con.)

—

Payable.

MA N
MAN
MAN
^IlfSlfl
do
do
UU3>a M &N
St. and Park Openings.
3
M N
do
do
3
M&N
..IT
do
do
MAN
3
do
do
M&N
3
do
do
M&N
3
..IT
do
do
34> M & N
..If
do
do
313 MAN
do
do
313 M & N
do
do
313 M & N
..if
PublioPark 111th St..
3% M & N
do
M& N
do
3
..IT
3i2 MAN
do
do
Public Park, Houst'n S
MAN
3
do
M&N
do
3
do
M&N
do
3i2 M & N
Bridges over Harlem R
do
MAN
do
3
do
3
M& N
do
M&N
do
do
3
--If
M&N
do
do
-If 3
3ia
& N
do
do
M
~ir
do
do
-tr 3ifl MAN
313 M & N
do
do
313 MAN
do
do
do
do
-if 3i2 M & N
do
do
3ia M A N
M &N
Bdg. Con'g Pelham Bayif 3
do
do
3
M &N
Bdg. over Bronx Biverlf 3
MAN
do
do
3
M& N
Pub. Bldg. Crotona Pk.TT 3*2 M & N
do
do
3
M& N
Hos. Bldg. Gouv'r Slip.
M& N
3>fl
do
do
3% M & N
do
do
MAN
-If 3
io
do
-if 3ki M & N
Rapid Transit RR
3ia M A N
do
do
M& N
-If 3
do
do
-If 312 M A N
Lui'ry Bdg., Bryant Pk.TlTf

31.3

do

do

..Ufl3>a

<JO

f!0

-.

<fe

If

..IT

..If

..If
.

IT

.

IT

..if

t. If

..If
..if
.

3'-«

if

--If
Tf

.

..if

IT

.

if

..If

..if

. .

if

If

.. If

If

do
do
..IT
do
do
-If
do
do
-If
do
do
-IT
do
do
-1f
do
do
-1f
Pub. Bath RivingtonSt.1f
do
do -if
Pub. Baths City of N. Y.TI
do
do
..if
Co
do
..if
do
do
. if
do
do
..If
Pub. Pks. 2"th-28th St-TI
Pub.Parkin 12thWardU
do 1 45th- 155th St.. TI
Pub. Park— Hester St. If
do
do
-if
do
do
-if
do
do
if
.

.

.

.

M& N
M N
M&N
M&N
3m M & N

3«a
314
3ia
34>

3<a
313

3

3
34j
34i
3-a

3
3
3
3ia

3

3
3
3ia

Bdg. over tracks N. Y.O. TI

3

do
do
-if
Bridge over Pt. M. Br. TT
Bridge over E. River.. If
do
do
..if
do
do
..if
do
do
if
do
do
..if
do
do
-if
do
do
..if
do
do
..i|
Bdg. over Newt'n Creekif
do
do
..If
do
do
-If
do
do
Tf
Bdg.ov.N.Y. A N.H.RR.TT
do
do
..if
Riverside Drive Ext. -if
do
do
-if
do
do
..1f
do
do
..IT
do
do
-1f
do
do
..if
do
do
if

3ia

.

.

.

.

.

.

Vi'd'tover96St.Riv.Dr.TI
Hospital. IT

New Harlem
do
do

do

3
3
34i

3
3
3
3ia

3
3
3
3ia
3
3ia

3
3

do

..if

do
do

..TI

..ir

3ia

..if

Ave

if

do
do
if
do
do
i]
Compl'n Riv. Pk. & Dr. If
Imp., etc.. Crotona Pk.if
Park, 54th Street
If
do
do
..TT
Mon. to Wen. Fowler. .If
.

. .

New

3ia

313

. .

Imp., etc., Riverside PkTf

Inapt. Atlantio

3ia

3
3
3
3

(\>

do
do
do

3
3
3
3
3
3
3

Pk;, Ac.,23,24WdsTT

Park

WoithABaxter.Tf
Prospect Park— Imp't..if
Im'tW.AH. Seward P'k.TT
Im'tW.&.S'd.P'k.-Con-IF
do
do
Tf
Park— 76 St.AEastRiv.TT
do
do
..If
Melrose Ave. Viaduct -ir
do
do
if
Red. Asa. Bds. Park Av.Tf
do
do
..TI

3
3

34
3
3
3
313

3
2ia

3
3
3

3
3
3
34j
313

3
3ia

3

Repairs to C.H. Manhat.fi 3
Assess on City Prop'tyif 34.
Soldiers' Mem. Arch... if 3
do
do
TT
31a
New Bldgs, Cent. Islip.ir 3
Grad.A Pav.Or'dSt.,BlnTf 3
Court House site.BronxTJ 3»a
do (oonet'n) do IT 3
Bronx Park, Zoo. Gar Tf 3>s
do
do
3
..If
do
do
..TI
3
do
do
3
..Tf
do
do
„ IT
do
do
..jf
. .

. .

<fe

M&N
M& N
MA N

MAN
MAN
M&N
MAN
MAN

M& N
MAN
MAN
M&N
MAN
M&N
MAN
M&N
M& N
M& N
M& N
M& N
M& N

MANN
MAN
MAN
M& N
MAN
MAN
MAN
MAN
MAN
M&

M&N
M& N
MAN
MA N

MAN
MAN
MAN

MAN
M N
MAN
MAN
M AN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
<te

MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN

Outstand'a

1929
1942
It 52
Nov. 1,1954

¥500,000
500,000
600 000

1/00,000

1914A1929 s.f.2771,168
1940
s.r.2598,211
1941

1942

».f. 538,700
s.f. 4009,459

1952A1953
1929A1941

».i.3 -75,^32

2961,233

1952 1953
1953
1954
Nov. 1, 1928

2,000,000
1,010,000
600,000

1738,362
Nov.l,'28.'29s.f. 235,033
1940
886,886

^s^g

1920
s.r.
1940
s.r.
14,000
1940
2000,000
Nov. 1, 1928
1,029,845
1919-1952-53 s.f.
1941-1942 s.f.

51,074
60.000
1942
s.f.
79,620
1952A1953 s.f 290,155
19o0
500,000
1928
250,000
1929
1000,000

1941
400/00
1953
250.000
1954
450,000
1919
s.f. 135,000
1941
s.f.
80,000
1919-1953 s.f. 16/ 00
1941-53
s.f. 85,000
Nov. 1, 1928
75,000
1914
s.f.
2,500
Nov. 1, 1928
50,000
Nov. 1, 1930
85,000
1953
s.r.
8,0^0
1954
1 00,000
1948-1950
6,500,000
1950
1,500,000
1949
4.000,000
1951
8.500,000
1952-1953 s.f. 1166,050
1952 1953
12.000.00O
1953
3,000,000
1954
4,700,000
Nov. 1, 1954
4,750 000
Nov. 1, 1928
50,000
Nov. 1, 1928s.f.
20.000
1942
s.f. 150 000
1952
250.000
1954
350.000
1953
100,0
1925-1953 S.f.
122,000
1921
s.f.
1,248
1921-1952 s.f.
62,044
1929
1365,000
1920
s.f.
31,908
1942
s.f
1,000
1941
s.f. 125,000
1941
2,050,000
1921 A 1941 S.f.
35,000
1921
50,000

1921-40A53

s.f.

13,525

1928
S.f.
20,000
1929
s.f.
20,000
1940
s.f.
67,000
1941
S.f. 10.000
1952
s.f. 240.000
1953
S.f.
75,00)
1954
700,000
1941
1,5' 0,000
1940
s.f. 180,000
1952
30,00i>
s.f.
1954
350.000
1954
s.f.
250,000
1912
s.f.
.0,000
1952 A 195c e.f.
45,« 00
1928 A 1929
600.000
1941
150,000
1941
20,(00
s.f.
1942
s.f.
50,000
1954
750,000
1952-1'*. 3

54.703
1953
50,000
1940
s.f.
85,000
1952
S.f. 220.321
1954
200.000
1953
S.f.
13,000
1921 A 1940 s.f. 245,111
1941
s.f.
75,000
1942 1952
18.600
s. f.
1954
100.000
1942
s.f. 250,000
1952-1953
s.f. 750.000
1953-1954
250,000
1940
S.f.
1,500
l;<28
s.f.
30.000
1929
s.f.
7,162
1941
1,250,000
1952
s.f.
1,550
1909-29
S.f.
25,500
1942
s. f. 185,604
1942
s.f.
10,000
1«<42
s. f.
30.000
1952
s.r. 100,000
1953
s.f.
6,300
1942
s.f.
11.541
1953
350,000
1928
140,000
1941-'52A'53 s.f. 82.000
Nov. 1, 1929
458,000
Nov. 1 1929s.f. 210.801
1952-1953 s.f. 3H,0i7
1954
1,000.000
1929 A 1940 s. f.
7,000
1940-1942
243,000
1929
s.r.
2,000
1940
s.r.
10,200
1940
147.079
1953
10.000
s.r.
1940
100.000
1941
s. r.
75,000
1942
s. r. 125,0 >o
1951
25.000
s. r
195 1
s.r. 125,000
1929
s.r.
63,000
s.f.

TOWNS.

LOANS—

-Principal.-

When Due.

.

[Vol.

Interest.

-

—

Rate Payable.
NAME AND PURPOSE.
Corporate Stock— (Con.)
Bronx Park, Zoo Gar..Tf 313

MAN
MAN

do
do
3*3
If
SkateAGolf H.,V.C.P*k.Tf 3
Silver

Lake Park,

EnranceCen

Rich.lf

3

Pk.,66StTf

3

$150 000
s.r.
s.f.

Bdg. over Eastohes. Bayif
SitoCol.of dityN. V....TT
Imp. of Central I'ark.-Tf
Imp. Parks, Boro Rich. Tf

».r.

3
3

1

3
3
do
3
..Tf
do
3
TT
.
Imp.HallReo'ds.Bklvn.Tf 3
Widen'gB'way,f9thSt.TT 3 '
Ad dition'l Water Sup'yTf 3
do
do
3
..Tf
do
do
-Tf 3
do
do
3
..Tf
do
do
3
Tf
do
do
-Tf 313
do
do
-Tf 3ia
do
do
313
..Tf
do
do
313
..Tf
do
do ..Tf 3ia
do
do
-Tf 3

do
do

s.f.
s.f.
s.r.
s.r.
s.r.
s.r.
s.f.

s.r.
s.r.

.

..TT
..TT

3"s
313
313

-TI

3

..Tf

3

..Tf

313
3*2

Tf

do
do
do
do
do

San. Prot. of Water..

.Tf

do
do
....Tf
do
do
....Tf
do
do
... Tf
do
do
Tf
Provide for water sup.Tf
Laying Water Mains... v
do
do
...Tf
do
do BrklynTT
do
do
do ..Tf
do
do
do ..TT
Pub. Park, 27tu Sfc
Tf
bong Is. Water Plant. .TT
Water M'ns A PuinpingTT
do
do
..Tf
Main Relief Sewer
Tf
Carnegie Library Sltes.if
do
do
-Tf
<!o
do
..Tf
do
do
.Tf

Land Awards

if

do
do

Tf

Tf

Iinpr. Toilet Facilties

Rlohm'd Co.

Tf

Jail.. if

B'geoverGarr'sC'fc.-.lf
Hall of Reo, Kin^s Co.. Tf

Dormitory Med. Coll

.Tf

Botanioal Mus.. Bronxif

do
do
TT
do
do
..Tf
B'd ov.BrRiv.233d8t.Tf
Y.Bldgs.Tf

do
do
Brooklyn Institute
Tf
do
do
...Tf
School houses A Sites Tf
do
do
.Tf
do
do
.Tf
do
do
.Tf
Comfort Stat., Bklyn.
do
..«(
do
Bridge over East Riv Tf
do
do
Tf
do
do
Tf
Bridge over Newt. C'k Tf
Melrose Ave. Viaduct TT
11

1)

Rook

3
3

3
3
3
3

3
313
3
313

If

Site Mont. St. Pub. LP>TT
Boro Bldg., Richmond ir

312

312

313
3 4j
3>a
3

3
3
313
313

3
*

8
3>3
3

3

3
3
3 4»
3
3

Public Bath. BrooklynTI

3 4j

Water Meter

.If

3

W.iter Mains.BrooklynTf

3

BVeov.GowaniisCau'lTf
Belle vue Hospital... TT

3
3ia

3
13th idst. MunictpCtH 3
Bdge. over Flush. Cr'kTT 3
Hp't. D'l A Pt.Mor.RR.TT 3
Fire Alarm. Tel., Rich. Tf 3
Maps2,3. 4 >Vds.,Qu'nTf 3
Maps21*5dWds..Rloh.Tr 3
Op..*.Ext.Bedf.Av..Bn Tf 3
Alt.AKep.viu.Co.C'tH.TI 3
MreB'tSethi ow.Rep Tf 3
Const'n New Fire Boat Tf 3
C't H'se.Gates Av.Bln.TT

Awards for damages
Clmnge of Grade

MAN
M A N
MAN
MA N

34j

do
do
.Tf
Court Bid/., BrooklyD. IT
Const. Sewers, B'klyn.Tf
do
313
do
do
3
do
Tf
313
do
do
Tf
Boro Hall, Queens
3
Tf
Aquaium, Batterv Pk.TI 3
...

MAN
MAN
M N
MAN
MAN
MAN
MAN
MAN

34l

do
do
313
Tf
Pub.Comi't Stat., Man. Tf 3
do
do
..
313
313
do
do
1!
Bri'lgeProsp.A.ve.Bkn.TT
New Hospital, Bronx. TF

AO
A O
AO
AN
* N

MAN
MAN
3
MAN
34s M A N
M AN
3
MAN
3
MAN
3
MAN
3
MAN
3
MAN
3
MAN
M A N
3
MAN
313 MAN
3
MAN
3ia M A N
3
MAN
3
MAN
MAN
3
MAN
MAN
3
MAN
MAN

3
B'tfe,N.Y.AH..189 8t .Tf 3
Heat Plant Mus. N. H.Tf 3
do
do
3>3
Tf
8t.TI

A & O
A O

A
A
A
A

3 »a
3

Bdge.TI

B'geov.Har R. 207
do
do

MAN

is.

3*a

3
313

MAN
MAN
MAN
MAN

M
M
MAN
MA N

313

s.f.
s.f.

-n

.

New Aqueduct

s.r.
s.r.
s.r.
r.

.

Re> ldg.Bk

1952-1953
1954
1940

Outstaiid'g.

s.r.

Bdg.ov.MottH C.135StTf 313

N

-Principal

When Due.

194=1

.

Coll City of

,

3'

do
do
-Tf 3
do
do
3
TT
Departm'tol' Health... H 3
So.3dAv.ap.toBr.,Har Tf 313
do
do
do
3
Tf

New

xYYr

100,000
MAN
20,000
85,000
MAN
1940
,000
MAN
1940
8,200
MAN
150,000
MAN
)942
60.000
MAN
1952
s
^O.OCO
MAN
1941 A '42
28,000
MAN
1941
800,000
MAN
1941
11/00
MAN
1941
30,000
MAN 1941
52&'53
67,500
MAN
1941-1942
152,031
M N
1941
7,883
MAN
1941
5,000
MAN
1942
31,500
MAN
5,096
MANN 1952-1953
1941
20.000
MA
1941-1942
45,000
MAN
1911-1920
283,000
MAN
1921-1922
545.00O
MAN
1952
s.r 1742,502
MAN
1953
327,498
MAN
1953
497,500
MA N
1919

Bronx P. Botan.Gard'n.Tf 3

do
do
do
do
do

r.

MAN

MAN
MAN
M N
MAN
M A N
M AN
MAN
MAN
MAN
MAN
MAN
M N
MAN
MAN
MAN
MAN
M AN
MAN
MAN
MAN
MAN
MAN
M AN
MAN
MAN
<v

v

MAN
MAN
MAN

MAN
MAN
N
MAN
MAN
MAN
MAN
M N
MAN
MAN
M *N
MAN
MAN
MAN
MAN
MAN
MAN
MAN
m

<te

<te

250,000
1952
250,000
1953
650.000
19
1,500.000
Nov. 1, 1954
6,750 000
1954
s.
1 26,000
Oct. 1, 1917
2,000,000
1918-1922
6,200,000
1952
1,500,000
1912-1922 s.f.l 440,000

H

1952-1953-1954s.f. 1,700.000
1953-1954
1,350,000
Nov. 1, 1917-19
700,000

Nov. l,'09-'19s.r. 400,000
1920
500,000
1921
s.f.
500,000
1952
s.f.
200,000
1954
s.f.
10,000
Nov. 1, 1917
300,000
Nov. 1, 1917s. f.
50,000
1918 20-52-53
r.301,500
1920
850,000
1920
150.000
1921
«.f.
1,248
Nov. 1, 1918
570,000
1918
••r. 106,343
1920
350,000
1942
16 7,000
1942
s.r. 250.000
1952-1953
a.r. 375.654
1^53
90,000
1954
250,000
1942
s.f.
5,000
1952
>-.r.
1,000
1953
s.f.
4,000
1952
a.r.
3,000
1952 1953
s.f.
58,O0C>
1952
s.f.
16,0 O
1952
400.000
1952-1953
s.r.
53.00O
1952
50.000
1952-1953
s.r.
59,000
1954
105,000
19521953 B.f.
26.000
1952
s.r. 50 ,000
1954
100,000
1952
s.r.
49.500
1954
150,000
1952-1953
s.r. 900 000
1952 1953
s.f.l, 500,000
1953
2,200,000
1954
5,600 000
1952-1953
s.f.
85,000
1953
s.r.
43,000
1952 1953
s.r. 603,000
1953
1,' 00.000
1954
750,000
1952
s.r. 250 000
1952
s.f. 116,976
1952 1953
s.f.
33,000
1952-19^3
s.r.
24,000
1952 1953
s.f.
75,000
1954
100,000
1952-1953
s.r.
52,' 00
1954
100,000
1952-1953
f.r.
70.000
1952 1953
s.f. 137,491
1954
50,000
195VI-1953
s.f.
26,000
1953
50,000
1954
100.000
1952-1953
s.f.
22,000
1953
B.f.
46,000
1954
50,000
1953
S.f.
7,500
1953
S.f.
1,000
1953
100,000
1953
s.f.
32,000
1954
100,(00
1953
s.f.
40,000
1953
•20,000
f.r.
1953
100,000
1953
s.r.
11.00O
1"53
».f.
38,500
1953-1954 f.f. 210,000
1954
50,»)00
1953
s.r
35,000
1953
s.r. 127,000
1953
s.f.
36,000
1953
s.r 55 ,025
1953
s.r.
2,000
1953
^r. 42,5(10
1953
s.f.
20,000
1953
s.r.
21,000
1953
5,000
1953
s.f.
22,500
1953
s.r.
8,500
1

1

for

-

B'Keov. H. R.,3d Av.TT 313
do
do
do
3
If
B'geov. H.R., 149St.Tf 3

MAN

M

&N
MAN

1954
1954
1953

s.r.
s.r.

100,000
B.4PH
165,000

U

—

.

Nov.. 1905. j

LOANS-

Con

Id., c.

3
3

W«n. St.. IT
Bronx. 11

3

t'n Ct. H.,

Topog'l Bnrean.BronxH

Reb'g Etet.Wl.EdK

Av

3
3

1f

Webs at R

3

a«w.,Hr'x1T
Imp.&Br.St.B.'.i H. Pklf
Vari's Munic. piiVosIT

do
do
do
do
do
do
Assessment Bonds—
Assesssment bonds
do
do
«'o
do
do
do
do
do

..

3

-Principal
Oulstand'g.

Due.

31*

..fl

3i«

..if

3ia

U

3

-IT

M N
M&N

1903-1912

M&N

s.f.

(

M&N

MAN

BOROUGHS OF MANHATTAN AND THE BRONX.
DEBT OF OLD CITY OF NEW YORK.
In the followlnir statement loans wholly In the sinking fund are dis
tinguiBhed by s. f. prefixed to the amount outstanding. Loans exempt
from taxation have a paragraph mark (U) added to the title of the loan.
Interest.
Principal.
LOANS When Due. Outstand'g
Rate Payable.
.
NAME AND PURPOSE.
a Secured by Sinking Fund Preferred—
Aug. 1, 1907
Q-F
$20,000
Croton Reservoir Bonds... 6
1878—
l» Secured by Sinking Fund (Second Lien), Act of June 3,
Nov.
1928
6,900,000
1.
Consolidated Stock, gold.. 5
(Subject to call after Nov. 1, 1908.)
Nov. 1, 1910
2,800,000
& N
H 4
Consolidated Stock
c.Secured by Special Sinking Fund, Derived by Annua Taxation
Act of June 3. 1878—
A & O Oct. 1, 1933 $100,000
Additional Water Stock.. If 3
(Subject to call after Oct. 1, 1913.)
300,000
Oct. 1, 1933
do
do ..If 3i« A & O
do
(Subject to call after Oct. 1, 1913.)
A & O Oot. 1, 1933s.f. 45,000
do ..If 3
do
ao
(Subject to call after Oct. 1. 1913.)
a ?<•
1907s.f. 142.632
Nov.
& N
3
Armory bonds

—

,

.

,

'

MAN

M

do
do

do
do
do
do

do
do
do
do
do
do

Consolidated Stock—
N. Y. Bridge Bonds
do

do
do
do
do

do
do
do

Metropol.
do

do
do
do
do

Ser. "4."

Museum
do
do
do
do
do

of Art

do
do
do

..
..

M
M& N
3
2ia M & N
M&N
3
M&N
3
M& N
3
3g M & N
M& N
3
M& N
4
M& N
3
M& N
3
M&N
3
M& N
3
A N
M
3
2ia M A N

MA N
M A N
3
do
do
3*3g. M A N
M A N
Amer. Mus. of Nat. His'y. 3
2Jfl M A N
do
do
do
MA N
do
3
do
do
do
do
3g. M A N
do
MA N
3
do
do
do
3 lag M A N
do
do
do
MA N
Temp'ybdg. ov. Bronx R. 3
MA N
Bridge over Bronx River 3
MA N
Brg ov. Bronx R. 177th St 3
MA N
3
Harleru R. Br."Wash'n"
MA N
3
do
do
do
MA N
3
do
do
do
MA N
3
do
do
do
MA N
3
do
do
do
2ia
MA N
do
do
do
M
A N
3
do
do
do
MA N
3
do
do
do
2ia M A N
do
do
do
M A N
3
do
do
do
M A N
3
do
do
do
MA N
3
do
do
do
MA N
3
do
do
do
MA N
3
do
do
do
M A N
Harlem R "Ship Canal" 3
M A N
3
do
do
do
MA N
3
do
do
do
do
do
do
g M A N
MA N
I
do Third Ave.
do
MA N
3
do
do
do
M A N
3
do
do
do
3iagM A N
do
do
do
MA N
3
do
do
do
..

3

..

..

..

..

..

..

.

..

..

3>agM
..
do
do
do
..3
d>
no
do
do 155th St.. 3
do
..3
do
do
do
3g
do
..
do
do
3
First
Ave..
do
do
Br.ov.H. Riv. E.of B'way 3
Br'kAv.bdg.N.Y.AH.RR. 3
Br. over H.RR., 153d St. 3
Grand A Walton Av.Bdg. 3
3
Ganaovoort Market
do
3
do
3
do
do
Morningside Park
3
do
do
21a
3
Central Park
213
do
do

A N

MAN
MAN
MAN
M& N
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
MAN
City Improvement Stock. 3g MAN
MAN
Castle Garden imp. Aq'm 3
MAN
..3
do
do
MAN
3
East River Park
MA N
do
do
do
do
3
MAN
MAN
Mount Morris Park
3
do
do
MA N
Park.
3
MAN
Raters
Siverside Park
3
MA N
2ia

2ia

Blip

2ia
do
do
do
do
3g
do
do
3
do (Women's Cottage) 3

MA N
M& N

MAN
MAN

Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

1907
250,000
1907s. f. 213,500
1909
442,000
1910s.f. 884,115
1911s.f. 249,450
1914
270,500

MA N
MA N
MA N
3
MA N
3
MA N
3
MA N
3
3g M A N
MA N
3
213 M A N
MA N
3
MA N
3
MA N
3
MAN
3
MA N
3
MA N
3
3g M A N

2ia

Repavlng

If

do
do
do
do

II

do
do
do
do
do
do
3d Ave
do
Mosholu Parkway

3iag

s.f,
1907
1907
s.f.
1915
1912
s.f.
1920
Nov. 1, 1907s f.
Nov. 1, 1907s s.
Nov. 1, 1911s.f.
s.f.
1907
s.f.
1907
Nov. 1, 1911s.f.
1907-1921 s.f.
s.f.
1907
1914
Nov. 1, 1912s.f.
Nov. 1, 1912s.f.

16b ,000

45,000
778,772
230,000
70,000
7,000
~l,500

637,118
34,500
5,000
20,000
250,000
25,000
190,000
1,500
7,000

MAN
MAN
MAN
MAN

3iagM A N
3
3
3

Public Driveway

3g M A
do
do
3iagM A
do
do
Awards.Change ofGrade 3
do
do
do
3Jsg. M A

N
N

MAN

MA N
MA N
3g M A N
MA N
3
MA N
3
MA N
3
MA N
3
3g M A N
MA N
3
3g M A N
MA N
3
3ia M A N
3 g M A N
MA N
3
MA N
3
3g M A N
3 g M A N
3g M A N
3g M A N
3g M A N
MA N
3
3g M A N
MA N
3
MA N
3
3iag M A N
3
3

Municipal Building.

Washington Bridge Park
do
do
do
Gore of Land 1 35th St.
Ward's Island Purchase..
do
do
do
Br. Approaches, x\Iaeomb
do
do
do
.

Parklmp (N.Y.CityAPel)
do

do

do

do
Corlears

Hook Park
do

do

Corlears Hook Park
El'zone Plant Riker's
Cathedral Parkway

Is.

do
do
Mulberry Bend Park....
do
do
Crotona Pk., Pub.
do
do
do
do

—

do
Bldg.

do
do

..

do
do

do
do

Street A Park Opening. If
3
Street-Cleaning Dept
313
do
do

do

do

..If

College of N. Y. City

do
do

do
do

....If

High School Bonds

New Hall of Records
Bldgs for Botan'l Mus'm
Riverside Park A Drive.
do
.
do
do
Repaving3dAv.,23dWd.
Avenue A
do
Avenue A
do
23dA24th Wds.
do
do
do
Paving Jerome Avenue..
Parkways..
of
Iiuprov'nt
do
do
do
do
Fire

Hydrant

do
do
Police

do
do

Department

N
MA
MA N
3iagM A N
3g MA'N
3iagMA N
MA NN
3
MA
3
N
MA
3
N
MA
3
3 g M A N
3iag.M A N
3g MA N
MA N
3
3g MA N
MA N
3
3iagM & N
MA N
3
3g MA N
3g M A N
M A N
3
3g MA N
3i2gM A N
MA N
3
3g MA N
3%;M A N

do
M A
3
do
3iagM A
do
do
New Kast River Bridge.. 3
do .. 3»agM A
do
do
do .. 3 lag M A
do
do
Public Park (St. John's) .. 3^' M A
do
do

N
N
N
MA N
N
N
N
MA
St. John's Pk. construct'n 3
N
MA
Public Park, 111th St... 3
N
MA
do 12th Ward.. 3
do
3iag M A N
Fort Washington Park.
MAN
Extension Kings Bdg.Rd. 3
Iiuprov'nt PH. AParkw's. 3iag M & N
3iagM A N
do
do
do
MA NN
3
do
do
do
M&
3^
State Tax for nsaue
3iagM A N
do
do
3iag M A N
Redemption of Bonds
M A N
Red. Assfssm'nt Park Ave 3
MA N
Pub. Pk., St. Nicholas Av. 3
MA N
3
Cro ton Water Mains
31* M A N
do
do
M N
Public Park, 11th Ward. 3
M ft N
Harlem R. Br. (145th St.)
MA N
do
do
do
MA N
3
Pelham Bay Bridge
MA N
3
Public Park, 28th St
MA N
Public Park, Hester St
MA N
Viaduct, Riverside Drive
MA N
Imp. Sp'ten Duyv.Pkway
If

..

..

I

ft

M

Melrose Ave. Viaduct....
Depart, of Correction
do
do
Depart, of Charities
do
do

A N
MAN
3iagM A N

Ambulance Station

3

3

MA

do

do

do

..

N

3iagM A N

MAN
MAN
MAN
MAN
MAN
A N
MAN
MAN
MA N
MAN

Hospital Building Gou3
verneurSlip
Bldgs. for Public Health
3
andComfort
Public Bath, Rivingt'n St. 3
3
Board of Health.
CourtHouse— Appel*toDiv.1f3iagM
3
do
do
do
Criminal Court-House Bds. 3
5
Stock..
Croton Water Main

4

1909s. f. 237,500
1909s.f. 12,500
75,000
1911
s.f.
1912
75,000
s.f.
39,189
1913
s.f.
88,121
19161917 s.f.
199,000
1920
Nov. 1, 1909s.f. 105,000
Nov. If 1909s.f. 895,000
Nov. 1, 19108.11,000,000
Nov. 1, 1911s.fl,000,000
Nov. 1, 1913s.fl,500,000
500 000
Nov. 1, 1913
500,000
Nov 1. 1916
1910-1920 s.f. 525,000
700.000
1920
1916-17
1 ,075.000
Nov. 1, 1918 1,400.000
Nov. 1. 1923s.f. 176.308
4.000
Nov. 1, 1912s. f.
Nov. 1, 1918s.f.l,700,000
800,000
1920
250.000
1916
1907-1912 s.f. 616.865
385,000
1910-1911
8,300
1912
s.f.
36,779
s.f.
1915

Nov.
Nov.

3

do ..
do
do
do ..
do
do
Seventh Dis. Police Court.
do
do
do

New

Outstand'g

5,107,000

Fire Department

330,000
416,666
100,000
120.000
30,000
25,000
727,000
120,000
90,000
40,000
1907
s.f.
200.000
1916
Nov. 1, 1913s.f. 595.000
Nov. 1, 1913s.f. 205,000
Nov. 1, 1920s.f. 474,103
475,000
Nov. 1, 1920
Nov. 1, 1925s.f. 50,000
250,000
Nov. 1, 1917
5,000
s.f.
1919
15.000
1920
s.f.
30,000
1919
s.f.
Nov. 1, 1906».f. 50.000
350,000
Nov. 1, 1907s.
900,000
Nov. 1, 1907
Nov. 1, 1903s. f. 800,000
350,000
Nov. 1, 1908
Nov. 1, 1909s.f. 385,100
Nov. 1, 1910s.f. 16,650
178,300
Nov. 1, 1910
14.500
s.f.
1910
17,175
1913
s.f.
89,508
s.f.
1911
60,078
1912
s.f.
45,590
s.f.
1914
39.325
s.f.
1915
1914
s.f. 315,000
45,069
1915
s.f.
36,573
s.f.
1919
80,000
1920
Nov. 1, 1914s.f, 100,000
Nov. 1, 1915s.f. 85,000
1916-1920 s.f 219,037
1916-1920
1 ,050,000
1920
s f. 655,980
400,000
1918
9.499
1953
s.f.
Nov. 1. 1910s.fl,140.000
5,000
1917
s.f.
100,000
1920
1920
s.f. 180,000
45,000
s.f.
1919
1921
s.f. 50,000
50.000
1919
s.f.
15,000
1922
s.f.
1907
s.L 120,000
1908
s.f. 330.000
53,715
1909
s.f.
1907s. f 331,000
Nov.
110,000
1907s.f.
Nov.

Nov. 1, 1922 s.f.
s.f.
1928
1923
s.f.
1925
s.f.
1926
s.f.
1905
s.f.
1913
s.f.
1913
s.f.
Nov. 1, 1912s.f.

MAN
M&N

I>ue.

s.f $4,716,100

Fifth Dist. Police Court..

9,403,229

When

Payable.

1929

do

do

(Oon.)

(Subject to oall after 1909.)
1929
2>2
II
(Subject to oall after 1909.)

Van Cortlandt Park

MAN

'

do

do

M &N
3
II
Wash Road
s.f.
50,000
M&N
3
Streets 26 Wd. Brook..
General Fund Bonds -Issued und«r the provisions of the Greater
New York Charter, as amend ?d bv CUapter 103 of the Laws of 1903 1830
s.f. 25, 000.. 00
3
General ? und Bonds
Fort

2^

53

Principal,

Interest.

,

NewP'ks,23dA24tkW.1f

500 000
Nov. 1, 1908
1903
350,000
19'4
8,000,000
1908
2,500
laos
132,255
s.f.

M & N

3

..IT

LOANS-

P. 01.
NAME AND PURPOSE
Oon.)—
Stock—
Consolidated

s.f. $31,672
1953
l.«00
1953
s.f
10.000
fc.f.
1953
2,000
s.f.
1953-1954
s.f.
5,000
1953
2,500
s.f.
19P8
s.f.
1,000
1953
34,500,000
Nov. 1, 1954
s.f
126,500
1954
11,000
1924
s.f.
1954
s.l. 1,111,621

iV

3

..it

MAN
MAN
M & N
man
M&N
MAN
A N
M&N
MAN
M&N
IW

3
3
3

..If
..IT

-

*

NEW YORK -CITIES AND TOWNS.
Boroughs of Manhattan and the Bronx.—
— When
—

P. Ot. Payable.

B*g6ov.H.R..W')SsA.lf

Aoq'u

Interest.

,

NAME AND PURPOSE.
Ookporatk Stock— (Con.)

—

,

1,

1,

640.000
1920
s.f. 183,509
1916
Nov. 1, 1913s.f. 147,359
672,409
Nov. 1, 1913
69,388
s.f.
1916
274,181
1920
Nov. 1, 19l9s.f. 690 000
310,000
Nov. 1, 1920
47,500
s.f.
1912
1,370,421
1913
124,500
1914
37,000
s.f.
1913
5,000
Nov. 1, 1912s.f.
195,000
1914
1,584,371
1924
100,000
1920
5,000
s.f.
1914
60,000
1914
65,111
s.f.
1920
108,015
1914
s.f. 150,000
1915
Nov. 1, 1916s. f. 600,000
1,868,867
Nov. 1, 1918
s.f. 130,115
1914
133,000
1912-1914
150.000
Nov. 1, 1916
47,000
1914
204,250
1914
350,000
1915s.f.
Nov. 1.
5,000
1916
s.f.
s.f. 105,100
1923
s.f. 125,000
1921
190.000
1914
200.000
1912
50,000
1920
45,000
s.f.
1912
100,000
1920
1920-1921
1917

413,425
185,000
s.f. 125,000
s.f.

1922
s.f.
1914
1914
s.f.
1914
1925
1925
1925
1925
1916
Nov. 1, 1918s.f.
Nov. 1. 1918
3920
s.l
1917
1918
1916
1916
s.f.
1917 1918 s.f.
s.f.
1921
Nov. 1, 1918
s.f.
1919
1917
1918

700

65,000
100,000
50,000
50,000
25,000
60,549
100,000
14,000
20,000
137,325
100.000
300,000
554,565
35,000
88,690
66,308
867,310
2,000
123,000
175,000
1918-'19'21 s.f 139,000
1,200,000
1916
177.000
1915
7,000.000
1922
1920
s.f. 100,000
Nov. 1, 1911 s.l. 43,075
s.f. 250.000
1918
400,000
Nov. 1, 1918
23,709
1920
s.f.
4,000
s.l.
1918
96,000
s.f.
1919
1916-1919 s.f. 35.O00
16.C96
s.f.
1921
1920-1923 s.f. 16.561
65,000
n.f.
1914
55,000
s.f.
1923
25,000
s.f.
1922
50.000
s.f.
1921
250,000
Nov, 1, 1918
s.f. 418,175
1921
350,000
Nov. 1. 1918
50,000
s.f.
1916

1916

s.f.

65,000

25,000
s.f.
1919
s.f. 30,000
1919
38.027
1919
s.f.
389,431
Nov. 1, 1918
64,593
s.f.
1919
11,08

s.f.

724,000

s.f. 585,000
1906
Nov. 1, 1906s.f. 15,000

E

.

:

,

NEW

54

YORK-CITIES AND TOWNS.

Boroughs of Manhattan and the Bronx.— ( Con.)
LOANS
Interest.
-Pnncipal-

—

-

NAME AND PURPOSE.
Rale.
Consolidated Stock— (Con.)
Dotk Bonds
do
do
do
do
do
do
do
do
do
do
do
do
do

5
5

5

.........

5
5
4
4
4
4
3
3
3*2

3

3
3

...;

&
do

;::;--

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

2*3
2*2

3
3
3
3
3
3

,

—

When I>ue.

Payable.

M& N
M& N
M& N
M&N
M& N
M& N
M& N

Boroughs

Outstand g%
,

1908
s.f.$225,000
Nov. 1, 1909s. f. 300,000
200,000
Nov. 1, 1909
1910
s.f. 520,000
1911
s.f. 191,000
1911
s.f. 672,000
1912
s.11,080,000
1913
s.f. 820,000
1914
s.f. 175,000
Nov. 1, 1914s.f. 270,000
Nov. 1, 1914
355,000
Nov. 1, 1915
1,150,000
1916-1918
1,500,000
1918
s.f. 500,000
1919
1,000,000
1919
s.f.
50,000
1920
s.f. 400,000
1920
1,050,000
1921
S.f. 450,000
1921
1,250,000
1922
s.12,480,000
1922
20,000
1923
S.fl,660,000
1923
865,000
1924
s.f. 960,000

M&N
M&N
M& N

M

& N
M& N

M&N
M&N
M&N
M& N
M&N
MAN
M&N
M&N
M&N
M&N

M& N
M& N
M&N
3
M& N
3
3** M & N
3
MAN
3^g M & N
3i<5gM & N
M&N
3
3 gM & N
3iag M & N
M& N
3
M&N
3
3

[Vol. lxxxi.

Manhattan and the Bronx.— ( Con )

ol

INTEREST-WHERE PAYABLE.-Coupon

Knickerbocker Trust Co.;

interest is payable at

regist. interest at office of City

EB7', Si N»!$ IN. G FUNDS, ETC.-The
.iISJAt
9w city's
shows
the old
debt, etc.:
Oct. 1, 1905.
Total funded debt.. $172,197,617
8ink'gf'nd,ino.cash 146,748,218

Jan. 1, 1905.
$172,244,195
135,780,111

Net funded debt.. $25,449,399
The annexed table shows the old
ing revenue bonds) as it was on the
following years:
1905
$36,464,084
1904
57,730,126
1903
80,987,312
1902
91,796,965
1901
102,802,888
1900
114,291,956
1899
126.185.281

Chamberlain.

subjoined statement'

Jan. 1, 1904
$191 030 073

133,299^47

$36,464,084

$57,730,126
net funded debt (not includday of January of eaoh of the

city's
first

1898
1897
1895
1894
1893
1892
1891

$136,847,276 1890.... $98,663,072
120,710,525 1885....
93.648.10o
105,777,854 1881.... 106,066,240
101,428,481 1876.... 116,773,721
98,995,651 1871....
73,373,552
97.550,036 1866....
35,973,597
98,064,418 1862....
20.087,310
SINKING FUNDS.- The total sinking fund assets of the old city
(Manhattan and the
thi Bronx) on O'M.l, 1905, were $146,748,217.
Of
this amount $36,836,817 was held in a special sinking fund
sinking
6 ™. 1 10 ? N
IL
for
account
of
certain
water
>
bonds anS
JSt;
^
,
°L
.'45 (sink, fund redemption No. I.) was held for
$106,140,
certain other
sinking fund issues. The character of the assets of the two sinking
funds here referred to is evident from the following
.

.

(

^o

1924
1,125,000
1924
500,000
Sinking Fund
Sinking Fund
1925
S.f. 30,000
Redemption I.
Redemption II.
Total.
Nov. 1, 1927
3,000,000
Nov. 1, 1928
$17,329,074
1,750,000 Cityb'ds (par value) $123,414,875
$141,243,949
Cash
1928
535,414
s.f. 250,000
4f968,854
5,504,268
1925
1,160,000
Total
1926-1927
$123,950,289
2;000;000
$22,797,928
$146/748,217
Soliool-House Bonds.
Nov. 1, 1908s.f. 25.023
The totals of the various issues having a lien on these sinking funds,
do
do
Nov. 1, 1908
3,575,945 and the order of their lien, are shown in the following; the letter predo
do
2ifl
M& N
1908
s.f.
9,500 fixed In each case being the same as that used in the table of bonds
do
do
3
Nov. 1, 1911s.fl,336,872 above to designate the issues having such lien.
do
do
3
M & N Nov. 1', 1911
897,205 a Total issues having first
a
lien on sink, f redemp. No. I.
do
$2 1,000
do
3ifl
M & N Nov. 1, 1912
542,553
do
do
3
Nov. 1, 1913
754,560 b Total issues having a second lien on sinking fund
do
redemption No. 1
do
M& N
1914
s.f.
77,621
9,700,000
? g M & N
do
do
1914
809,013 c Consolidated stock, etc., having a lien on special fund
§«
do
M&N
1914
27,000
derived from taxation and from sink, f redemp. No. I 104,186,342
do
3^gM & N
1911
806,502 d Totalissues payable from
sinking fund redemptionNo.il. 31.592,000
do
do
3^gM & N
1914
84,694
do
do
3^gM & N
1915
1,925,141 e Consolidated stock (new parks) payable from sinking
fund redemption No. I in accordance with act of audo
do
3
M & 8 Nov. 1, 1916s.f2,542,784
thorization
do
do
3^gM & N Nov. 1. 1916 3,691,269
9,823,100
do
(Sanlt. Imp.) 3
M & N Nov. 1, 1914
42,000
BILL
TO
UTILIZE
SURPLUS
REVENUE
OF
do
do
SINKING
3>2g
FUND.
1916
112,058 -The Legislature
1903 passed a bill providing for the utilization of
do
do
3 g M & N
1914
s.f.
959 upwards of $8,000,000
annual
excess revenues pledged to the sinking
do
do
3 g M & N
1914
87,871 fund. For details see V.
76, p. 610; also page 51 of this Section.
«*,— Secured by Special Sinking Fund Derived from Annual Taxa
ASSESSED VALUATION—The old city's assessed valuation and
lion Tinder the Provimons of the Constitutional Amendment
tax rate have been as follows. In 1903 basis of assessment wa»
Adopted November 4, 1884—
changed, accounting for the great increase in that year:
Add'l Croton Water Stock
3
M& N
1911
s.f.$250,000
Personal
Total Assessed RateofTax
do
do
3g M & N
1914
200.000 Years.
Real Estate.
Estate.
Valuation, per $1,000.
do
do
3^q M & N
1911
400.000 1905.... $4,095,615,774
$585,064,415
$4,680,680,189 $149051
Additional Water Stock
3
MA N
1912
250,000 1904
3,937.883,883
523,i35,608
4,461,119,496 151342
do
dr.
A & o
3
Oct. 1. 1907
-•IT
8,2(0,000
3,730,884,149
564,605 294
4,295,489,443 14-1367
do
do
3
A & o Oct. 1, 1907s.f4,350,000 1903
1902
2.512,440.186
425,071,368
2,937,511,P54
22-734
do
do
2^ A &
Oct. 1, 1907s. f. 950,000
1901
2.428,997,016
440,468.^58
2,869,465,574
23173
do
do
M& N
3
1912
s.*4,569,50u 1900
2,369,997,504
429,874,168
22-477
2,799,871,672
do
do
M& N
3
1912
175,000 1898
1,856.467,923
509,022,449
2,365,490,372
2010
do
do
3^g M A; N
1915
3,030,500 1895
1,646,028,655
370,919,007
2,016,947,662
1910
do
3i«gM & N
do
1916
1,750.000 1890
1,398,290,007
298,688,383
1,696,978,390
19-70
do
do
3 g M & N
Nov. 1, 1912s.fl,383,500
1885
1,268,443,137
202,673,866
do
1,371,117,003
2400
do ".*" 3
M& N
1914
301.500
Water Main Stock
3
M& N
1912
s.f. 250,000
P L&!!!P N OF THE BOROUGHS OF MANHATTAN AND
do
do
3g M & N
1914
250,000 T&9r
THE y
BRONX, according to State Census of 1905 was 2,384,326; in
1900
(U. S. Census) it was 2,050,600; in 1890 the population of the old
Payable from Taxation, or from Sinking Fund, if Approved by Comcity
of
New York, comprising a somewhat smaller area than that of
missioners, Provided Such Payment Shall Not in Any Way Impair
the Preferred Claims Thereon— (Section 6, Chapter 383, Laws of the present boroughs of Manhattan and the Bronx, was 1,515,301.
On the basis of the present territory, population then was 1,529,301.
1878)—
Bee V. 71, p. 408. In 1880 New York City's population was 1,206,299.
Assessment Fund Stock
6
Nov. 1, 1910s.f.$364,850
do
do
....
6
Nov. 1, 1910
535,000
OF
Consol. Stock— County
330 g J & J
1917-1921
8,099,000
DEBT
OF
BOROUGE
OF BROOKLYN.
Croton Water Main Stock,
5
1906
s.f. 691,000
do
Total Debt.
5
1906
Sinking Fund.
s.f. 173,000
Net Debt.
Dock Bonds
6
Nov. 1, 1905
$85,158,775 53
$6,734,055 69
744,000 Jan. 1 1898.
$78,424,719 84
do
1899.
Jan
',
M & N
....
80.500,867
6
93
1900
7.610.972 73
s.f. 150,000
72.889.895 00
do
Jan.
1900.
5
77,680,225 93
1906
6,797.317 15
s.f. 278,000
70,882,908 78
do
Jan.
1901.
76,890,066 93
5
1907
7,740,101 28
s.f. 460,800
69,150,565 65
do
5
75,951,120 10
1908
s.f. 147,000 Jan. 1 1902
7,818,478 28
68,132.641 82
do
73,638,466 10
5
19 OS
9,038,731 71
169,200 Jan. J. lf> 03
64.599,731 39
Jan. Ii 1904.
00
70,889,458
9,048,119
00
61.841,339
00
e.—Payable from Assessments or from the Sinking Fund, if the Com- Jan. 1, 1905.
69.001.750 10
11,053,214 43
57,94 *,535 62
missioners Thereof Approve, Provided Such Payments Shall Not O.t.
t, 1905..
66,760,882 10
11,291,753 72
55,468,928 38
vn Any Way Impair the Preferred Claims Thereon.— (See Section 6, Chapter 383, Laws of 1878.)—
OLD CITY OF BROOKLYN.
Assessment Bonds
3
On or aft. 1888s. f. $75,000
The old city of Brooklyn covered the entire area of the county of
do
do
3
do 1895 to '98s.f. 85,536 Kings, the county government being consolidated with that of the city
do
do
3
1903
s.f. 1,050.000
on January 1, 1896, under the provisions of Chapter 954 of the
Laws of 1895. Under the provisions of this act " the debt of the said
Annexed Territory Bonds.
county shall not be deemed to bo or be included as a part of the
Town of Morrisania—
debt of the City of Brooklyn, within the meaning of the provision of
Central Av. construction 7
Ann''iy§ 1906 to 1915
10,500
$1,000 yearly.
the Constitution of the State of New York limiting the power of cities
1916-1980
to incur indebtedness." [See Chronicle, vol. 62, p. 49.] The towns of
Central Av. construction 7
semi-an
64,000
$1,000 yearly.
Platbush, Now Utrecht and Gravesend were annexed to the City of
1906 to 1910
Brooklyn in 1894 and the town of Flatlands became a ward of the city
8t. Ann's Av. construct'n
M & S j $1,000
5,000
yearly.
on the first day of January, 1896.
Town of West Farms<An'ly&
190»> to 2147

MAN
MAN

£

M&N

.

. .

.

.

m

•

M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N

BOROUGH

BROOKLYN

[

1
i

M&N
M&N
M&N

240.000
Central Av. construction
I s'mi-an.
$1,000 yearly.
T
e9e bond8 mature $1,000 yearly, except in the years 1916 and
,«
^
1917
when
in eaoh year $1,500 mature; in 1949 and 1975. none: in
19p0, $2,000 in 1959 and 2147, each $500. Interest on about onenaif the bonds is paid annually, on the remainder semi-annually.
1909
8o. Boulevard constr'fn... 7
8$

A

;

M&

Village of wmiamsbridge..

Town
of
lownor

Westchester
westcnester

..

l

,

I
$

$38,500

.^p;;;;;;;

<

Improvement

j

School district

*i?g;88o
295,000
210,000
52,000

"

$16,588,567
11,813,249
5,868,000
32,490,864

taxation

Total
Less sinking

93

$11,208,780 83
82,972 89
11.291.753 72
$55,468,928 33

Net debt

LOANS—

NAME AND PURPOSE.
Arrearage 10-40s
do
10-40s

do

76
00

fund-

Cash
262,000
69,800
11,723

41

$66,760,692 10

Investments

a, b, c, d. e —These letters Indicate on which sinking fund the
lien, as more fully explained below.
PAR VALUE OF BONDS.—The denominations of the bonds and
stock of the oity of New York are not fixed. Certificates are issued for
any amount in even hundreds, with $500 as the minimum.

bonds are a

Payable from sinking funds
"
"
water revenue
"
"
assessments

ay
{

Village of Wakefield, highway improvements
of Eastchester, school district bonds

Town

!^

Jn
$10,000
yearly.

DEBT CITY OF BROOKLYN A3 CONSTITUTED PRIOR TO
CONSOLIDATION, INCLUDING ALSO ANNEXED
TOWN8 AND KINGS COUNTY,
Qcl x 19()g

county taxes...

Interest.

Rale.

Payable.

.

When Due.

& j
July
& J May
Subject to call,
4
J & J
July
4

3*3

J
J

Principal.
Ouistand'g.

.

1,
1,

1923 s.f.$150,000
1924
700,000

1,

1924

549,000

—

.

-

.

NEW YORK-CITIES AND

NOV.. 1005.]

Borough of Brooklyn— Old City of Brooklyn.— (Oon.)
Interest.
Principal.
LOANS-

—

.

name and purpose.
Bridge Bonds—

When Due. Outttand'g

Rate. Payable.

J

)

.

TOWNS.

55

Borough of Brooklyn.— Old City of Brooklyn.— (Con.)
Interest.
-Principal,LOANS—

—

—

P. Ot. Payable.
When Due.
0}ilsta>id'g.
and PURPOSE
Improvement Bonds.— ( Oon.)
J &
Julyl,1906&'07
Sew'e fund Knick.Av.ee'r 3
$49,161
J &
Main sewer relief, eto
3
July 1, 1908
s.f.90,000
J &
3
July 1, 1922 a.f.117,000
do
do
1933
Main ae wer relief, eto... 313 J &
H.f. 50,000
Julyl,1923,t0'26;
do
3
J &
do
400,000
$100,000 yearly.

.JAME

Brooklyn City bonds for s 7
J &
Julv
1906
$400,000
completion of bridge. ?7
J &
July
1907
345,000
ao
7
J <fe
July
1908
100.000
do
6
do
J &
July
1908
260,000
do
6
J &
do
July
1909
400,000
6
do
do
J <fe
July
1910
440,000
do
6
do
J &
July
1911
3i« J &
400,000
....
do
do
1922 to 1927
643,000
do
6
J &
do
July
1912
400,000
Of this loan $250,000 is in the sinking fund
do
6
J &
do
July
1914
350,000
4
1931 & 1932
do
J
1
do
200,000
do
6
J &
do
July
1916
300,000
Auxiliary (con. g. Btk.) 3ia J
Jan. 1, 1925
50,000
I
do
5
J &
do
July
1917
500,000
3iag.J
J
do
do
Jan. 1, 1936-*37 268,000
do
5
J &
July
do
1918
250,000
J
do
1938
do
3 lag. J
s f. 15,000
do
5
J &
July
do
1919
810,000
Twenty-sixth and adja1917'23
J
4
J
650,000
do
5
J &
do
July
1920
319,000
cent wards
>
do
4
J &
do
July
1921
371,000
Jan. 1. 1926
4
J & J
do
do
100,000
do
4
J &
do
July
1922
400,000
313 J & J
Jan. 1, 1915-'16 200,000
do
do
do
4
do
J &
July
1923
200,000
Jan. 1, 1918
do
do
45,000
3 lag. J & J
do
4
J &
do
Jan.
1925
257,000
Jan. 1, '24-*25 s.f. 150,000
do
1892 3ia J & J
do
do
4
July
do
J &
1927
300,000
3ia J & J
Jan. 1, 1925
do
do
50,000
do
July
4
J &
do
1928
356,000
Jan. 1, 1927
do
do
100,000
3 lag. J & J
York
Bridge
7
J
&
July
New
1906
128,000
100.000
do
do
Jan. 1, 1914
3g. J & J
do
7
J &
July
do
1907
101.000
s.f. 49,000
do
do
Jan. 1, 1914
3g. J & J
do
7
July
do
J &
1908
50,000
do
July
do
7
J &
1909
100,000 Site and Building Loans
Jan. 1,1924 to *27)
do
do
7
J &
July
1910
Memorial mon ument
3 lag. J & J 5 $10,000 yearly. £ 40,000
100,000
I
do
July
do
7
J &
1911
50,000
do
Fowler Statute.. 3i«g.J A J
Oct. 4, 1917
7,000
2J&I It i912-'16
7
do
s.f. 4.000
J & J \ $100,000
do
Warren Pedestal 3iag.J & J
Jan. 1. 1906
do
500,000
yearly.
Municipal site
3
J & JJulyl,1914-'15&'16 sf.265,000
7
J &
July 1, 1917
New York Bridge
91,000
Public market
4
J & J Jan.l,1920,to*23 1,209,000
do
7
J &
July 1, 1918
do
105,000
3iag.J & J
do
do
Jan. 1, 1924
90,000
do
7
J &
July 1, 1919
do
104,000
Public market
3
J & J Jan.l,1917, 18&'19. 750,000
IF
7
do
J &
July 1, 1920
do
200,000
ul ylf 1 920,to'24)
7
do
J &
July 1, 1921
Public site and oonst'ct'n 3
500,000
do
Jt *,
x JT JJ
181,000
I $100,000 yearly. 5
do
7
J &
July 1, 1922
do
154,000
Of
this loan $370,000 is in sinking fund.
do
7
J &
July 1. 1924
do
65,000
School building
Jan 1, 1920
100,000
4
Bridge Connecting Co's of > ,
T &
do
do
4
Jan. 1, 1920 to '22 250,000
Jan.
1936
112,000
g
•
Queens
&
Kings
$f^
do
do
100,000
Jan. 1, 1918
18921T 313
3i3
&
Jan.
1922
do terminal improv's.
40,000
313
do
do
Jan. 1, 1919
100,000
1892H
Jan
1926-31
If
qi» JT At
3ia
do
do
& JT 5I $ioo,000
do
do
Jan. 1, 1923
40,000
3*3
600.000
y'rly
3ia
do
do
Jan. 1, 1923 '24 s.f.200,000
do Con. g. stk. 3ia J & J
do
July 10,1925
100,000
do
do
Jan. 1, 1925
s.f.18,000
31a
3J2g
do
do
Mar. 12,1926
60,000
do
1894 3 lag. J
Jan. 1, 1925
32,000
do
do
do
3
J & J
Jan. 1, 1922-'25 360,000
1894 3 lag. J
Jan. 1,1924-26
250,000
do
do
Of this loan $60,000 is in the sinking fund.
do
do
Jan. 1, 1935-36 692,000
3 lag. J
do Approach
4
J & J
July 1, 1925-'27 275,000
3iag.J
do
Jan. 1, 1936 s.f 100,000
do
3*q J & J
do
do
Jan. 1, 1923-'27 982,000
1917-1921
do
3
266,000
do
J
Of this loan $82,000 is in the sinking fund.
Of this loan $162,000 is in the sinking fund.
3ia J & J
do
do
July 1, 1923-27 500,000
3iag.J
Jan. 1, 1937
250,000
do
do
do
do Con.g.stk. 313 J & J
Jan. 1. 1928
100,000 Disciplin'y Train'g School 3 lag. J
Jan. 1, 1937
90,000
do Con.g.stk. 313 J & J
do
Jan 1, 1929
70,000 High School bonds
1927
s.f.24,500
NewE.R.Bdg.con.g.stk. 313 J & J
Jan. 1. 1935
25,000
1925
100,000
Sold'rs' and sail'rs' mon't 4
June,
J & J
3i2gJ & J
do
do
Jan. 1, 1936
150,000
3ia J cfe D
s.f. 1,000
Station house
Deo. 17, 1905
3i2gJ & J
do
do
Jan. 1, 1937
332,000
3ia J
Mar. 16, 1906 s.f.10,000
do
do
J
New East River Bdge.... 3^ P a A Jan. 1, 1937
30,325
3iag.J & J
39,000
do
do
May 1, 1906
County Deficiency—
3iag.J
s.f.4,000
do
do
Oct. 29, 1906
J
Con. gold stock
3iagJ & J
Jan. 1, 1926
s.f.48,000
do
do
3iagJ & J
Jan. 1. 1936
700,000 Waixabout Market—
s.f.25,000
do
Con. stock. 313 J & J
Jan. 1, 1925
Improvement Bonds. —Various purposes
3iag.J & J
Jan. 1, 1925
15,000
do
do
3iagJ
City Hall impts
J
Jan. L 1920
95,000
25,000
do
do bonds. Siag.J & J
Nov. 10, 1916
do
3iagJ
do
J
Ian. 1, 1920
s.f. 35,000
3iag.J & J
20,000
do
do
Oct.
4, 1917
do
do
3iagJ
Jan. L 1921
25,000
3i«g.J & J
s.f.70,000
do
do
Jan. 1, 1925
< July 10, 1932*34
f
3i*g.J
Gravesend Local impts.
J
300,000
3iag.J
do
do
Jan. 1, 1926
65.000
J
I $100,000 yearly,
3iag.J & J
Jan. 1, 1926
190,000
do
do
do
3ia J
do
D Deo. 17, 1925 s.f.13,000
Jan. 1, 1937 s.f.70,000
& J
do
do
May 21, 1925
J
31a J
8,500 Con. g.Leonard St.iinp. atk. 3iag.
Int. due on Grav. bonds
3iagJ
J
Jan. 1, 1936
21,242 Water Bonds—
Local improvement
4
1920 to 1921
J
J
ff
108,000
60,000
J & J
Jan. 1, 1906
Water bonds
7
1906-'16 ) , lnn nnn
$ FeD 13
do
do
S
ao
87,000
do
do
7
J & J
Jan. 1, 1909
6
1 100 000
$100,000
yearly.*
I
100.000
7
J <fe J
July 1, 1909
do
do
9
341.000
do
d0 fund
Jan. 1, 1910
do
7
J & J
3
J &
do
900 000
y!avlt.\
97,000
do
7
J & J
July 1, 1910
do
Of this loan $500,000 is in the sinking fund
July 1, 1912
97,000
do
7
J 4 J
do
do
do
1918 to 1921
3*a J <fc J
340,000
Jan. 1, 1906
30,000
do
6
J & J
do
Of this loan $140,000 is in the sinking fund.
445,000
Jan. 1, 1907
do
do
J & J
6
do
do
& J
Jan. 1, 1921
s.f.7,000
(3
Jan. 1, 1909
100,000
do
do
J & J
1, 1920-'22 \
do
do Laws of '94 4
do
4
1910 to 1914
4,094,000
do
J & J
& J X< Jan.
$100,000 yearly. J 300,000
(Of the above loan $30,000 is in the sinking fund.)
do
do
400,000
Jan. 1, 1911
do
1892 3ia J & J
J & J < Jan. 1, 1925-'28 ) 400,000
do
I $100,000 yearly. J
Jan. 1, 1912
1,500,000
do
do
1892 313 J & J
do
do
4
J & J
Jan. 1, 1929
35,000
3iagJ
1913
s.f.30.000
do
do
& J
do
do
312 J & J
Jan. 1, 1923-24st200,000
3iagJ & J
Mar., 1916
205,855
do
do
do
do
Jan. 1, 1930
ti &. J
100,000
3iigJ
Aug. 6, 1916 s.f.10,000
do
&
J
do
do
doLawsof'95fi
gJ & J
Jan. 1, 1914
200.000
Jan. 1, 1925
350,000
do
do Con. g. stk. 313 J & J
do
do
*agJ & .1
Jan. 1, 1915
100,000
3iag.J & J
May 21, 1917
16,500
do
do
do
do
iagJ & J
Jan. 1, 1916
300,000
3iag.J & J
Jan. 1, 1937
375,000
do
do
do
do Laws of '96
& J
Jan. 1, 1917 s.f.270,000
3iag.J & J
350,000
Jan. 1, 1936
do
do
do
do
& J Jan. 1, 1917
195,000
3iagJ & J
Jan. 1, 1937
750,000
do
do
do
do Albany Ave. 3 lagJ 8e J
Jan. 1, 1937
37,000
500,000
3
J
Jan. 1, 1906
do
do
J
Eighth ward improv....H 3
J & J
July 1, 1906-'10
500,000
3
July 1, 1908 s.f. 500,000
(To
J
do
J
do
do
3
J & J
July 1, 1911
50,000
600,000
3
Jan. 1, 1909
do
do
J
J
School improvement.
3
J & I
Jan. 21,1917-'20 400,000
fl
3
Jan. 1, 1912 s.f.125,000
do
do
J
J
do
do
3
J & J
Jan. 1, 1916'23
800,000
3
Jan. 1, 1913 s.f. 420,000
do
do
J
J
Of this loan $758,000 is in the sinking fund.
Jan. 1, 1937 s.f.116,395
do
do Con. g. stk. 3iag.J & J
Museum Arts & Sciences 3 lag. J & J
Jan. 1, 1925- 26 200,000
do
3ia J & J
do
Jan. 1, 1927
92,000
SINKING FUND.—The sinking fund is invested in Brooklyn's own
do
3ia J & J
do
Jan. 1 1928
s.f.25,000 bonds, those issues marked with "s. f." in the table above being
Park Bonds—
held entirely by this fund.
East Side Park
4
J & J
Jan. 1. 1914
50,000
Prospect Park
TAX FREE.— Certain loans of the city of Brooklyn are exempt from
7
J & J
July 1, 1915
6,561,000
do
do
7
J & J
July 1, 1916
134,000 taxation, and where the fact is known to us we have added a paragraph
Prospect Park
7
J & J
Jan. 1. 1917
500,000 mark (U) to the title of the loan.
do
do
7
J & J
Jan. If 1918
410,000
INTEREST. -Interest is payable by the city of New York. Regisdo
do
6
J & J
July It 1924
1,092,000 tered interest at the office of the Chamberlain and coupons at the
Park purchase bonds
3
J & J
Jan. 1. 1912-' 18 650,000 Nassau National Bank, Brooklyn.
Prospect ParkPark improvement
4
J & J
Jan. 1, 1909-'10 100.000
ASSESSED VALUATION.— (Borough of Brooklyn.) There was no
do
do
Jan. 1. 1911-'12 s.f.100,000 assessment or tax in 1898.
31a J & J
do
do
;•
3iagJ & J
July 1, 1913
,
s.f.40,000
J am aica Plank Road b'nds 3 lag J & J
Rate of Tax
-Assessed Valuation.Jan. 1, 1917 s.f. 105,000
Public Library
Real.
Total.
per $1,000.
Personal.
3i*gJ & J
Jan. 1, 1937
5,000 Years.
Re-indexlng Bonds1905
$940,98^,302
$90,911,963 $1 ,031,894,265 $156264
Con, gold stock
157296
990.568,732
901.994,957
88,573,775
Jan. 1, 1927 s.f. 136,500 1904
31a J & J
14-8945
do
1903
953.794,705
do
853,742,357
100,052.348
3iagJ & J
Jan.l,'ll-'12 s.f.134,500
23-535
1902
756,110,610
670,533,508
85,577,102
Bewer Bonds
23-885
1901
748,203,743
658,962,119
89,241,624
Sewer No. 2d. St. pier... 3i»g J & J
Aug. 6, 1916
s.f.40,000 1900
23-2113
695,335,940
651,398.500
43,937,440
do Con. g. stock
313 J & J
Jan. 1, 1925
250,000 1899
23-6424
655,092,980
609,822,267
45,270,713
do
3ia J & J
Jan. 1, 1936
75,000 1897
28-31
603,796,463
570,107,742
33,688,721
do
3iagJ & J
Jan. 1, 1936
100,000 1895
27-40
563,987,132
540,359,686
23,627,446
Aug
1906
1,
Sewer'ge.Flatb.S.ABB'Lir 3iag.F & A
25-80
1890
452,758,601
21,846,807
430,911,794
s.f. 5,000
$5,000 yearly.
29-00
1885
330,683,762
311,308,060
19,375,702
1907-'10>
Aug.l,
do
do
26-90
3** F & A234,835,991
223,620,197
11,215,794
40,000 1880
$10,000 yearly. (
do
doBondsfl 3i« F & A
Aug. 1, 1910.'20
50,000
POPULATION.— In 1890 population of the old city of Brooklyn
do
do
3iag.F & A Aug.l, 1911-1915
35,000 was 806,343; in 1880 it was 566.653. In 1900 tLe population (U. S.
Aug.1,1921-1928 >
of the borough of Brooklyn was 1,166,582 in 1905 iState
do
do
3iag F &
70,000 Census)
$9,000 yearly.
Census),
.

1

,

j

:

,

w

-

IT.

&

-

>

'

4Ao6o

'

'

'

3W
3W

. . .

:

'

;

J

1,358,891.

1

NEW YORK—CITIES AND

56
Borough

of Brooklyn.—Old City

Borough of

Brooklyn— (Oon.)

of

LOANS-

GRAVESEND.
Gravesend was annexed to the

Brooklyn in 1894.
When Due.
Seweb Bonds— (Con.)—
LOANS—
1923 1932
Sewer Bonds—
5s, J&J, $70,000
58, J&J, $142,000
1906
($7,000 yearly on July 2.)
1921-1930
4*2B, J&J, 66,000
1918-1927 5s. J&J, $280,000
($28,000 early on July 2.)
($6,600 yearly on Jan. 2.)
1922-1931
3-658, J&J, $20,000
1918-1927 5s, J&J. $21,000
1923-1931
($2,000 yearly on Oct. 4.>
5s, J&J, 40,000
3Jss, J&J, $83,000
($5,000 yearly on July 2.)
1919-1928
Improvement Bonds—
(Part yearly on July 2.)
July 1, 1933
1921-1930 5s, J&J, $330,000
58, J&J, $60,000
Jan. 1,1934
5s, JAJ, 127,000
($6,000 yearly on July 2
July 1,1939
5s,J&J, $30,000
1922-1931 58, J&J, 300,000
July 1.1934
40,000
5s, J&J,
($3,000 yearly on July 2.)
1905.
Oct.l.
$1,609 ,000
Bond, debt
oity of

\

)

—

NEW LOTS,
to the city of

Q,vteen8.— (Continued)

General Improvem. Bonds—
M&S, $50,000.Sept. 1, 1906
1, 192o 4^8. M&S,
50,000 Sept. 1, 1909
18,500..Mayl,'15-'24 4*28, M&S, 190,000. Sept. 1, 1914
47,000 Oct. 1, '11-'14 4^8, M&S, 508,725
1905-1923
When Due.

3!2S

A&O,

6s

4^28,

(Part each year.)
19,000. Oct. 7. 1915

50,000. Dec. 31, 1907
Street Improvem. Bonds—
Survey & Map Bonds (ref'd'g)
4*28, M&N,$100,000
May, 1911
5s,
J&J, $66,000.Julyl,'18-'25 412s, M&N, 130,500 Mar. 1, 1913
Engine House BondsPark Award BondsJ&D, $16,000. June 1, 1909
5s.
$78,000
1917
Revenue Bonds*—
Public school Bonds—
1908-1 910 48, M&N, $77,000. May 1, 1910
413s, M&S, $220,000
4^38, M&S. 122,000.
1912
105,000
.....
1906
..,
Funded Debt Bonds 195,000
.....
1907
.1913 Recognized bonded debt October
4^8, A&O, $112,000
Station House Bonds—
1,1905, $2,565,500.

4^8,

4*28,

i

,

1909]

$15,000

....,

The principal and interest of the revenue bonds are payable from
the outstanding taxes and water rents
PAR VALUE.—Bonds are in $1,000 and $500 pieces.
N T E R EST is payable by the city of New York—registered interest
at the Chamberlain's office aud ooupons at the office of the Comptroller
of New York City.
(*)

I

TOWN OF FLUSHING.

LOANS—

When Due.

Bridge Bonds—
5s,
4s,

,

.

$500,000

$4,000....l906tol909
1906
2,000

4s
I

,

F&A, $93,500
1908 to 1925
($5,000 annually to 1924 inc. and
$3,500 in 1925.)
4s, M&S, $45, 000. Sept., 1907-1929

District No.

4s,

1900
$1.000...
DlSTKICT No. 2—
,$11.000... 1906 to 1916
58,
5s

New

Utrecht was annexed to the city of Brooklyn in 1894.
When Due.
Impkovembnt Bonds— Con.) —
Street Improvement Bonds—
5s. J&J,
*5,000.Jan.5, 1900-1907
1908-1954
Sewer Bonds
5s, J&J, $190,000
on
Jan I )
190(5-1908
5s, J&J. $1,704
($10,000 yearly
Improvement Bonds—
($568 yearly on Jan. 15.)
Jan.5,
1906
Bond,
debt
Oc
1.
5s, J&J, $5,000
1905... $501,704.

LOANS—

—

5s,

TOWN OF FLUSHING SCHOOL DISTRICTS.
District No. 5—
When Due.
LOANS- 1—

1906 1925
4s, J & J $500,000
($25,000 yearly on July 15.)

NEW UTRECHT.

,$37,500. ..1905 to 1999
29,000. ..1907 to 1921
,
13,000. ..1906 to 1918

4s,

$3,000....! 90S to 1908

4s,

Oct. 1, '05.

Road Bonds—

I

Causeway bonds—

Brooklyn in 1894.

When Due. Bonded debt

LOANS—

[Vol. lxxxi.

Water Loan—
3iflB, M&N, $21,500.May

58,

FLATBUSH.
Flatbush was annexed to the oity of Brooklyn in 1894.
Sewer Bonds— (Con.)
When Due.
LO A N S—
1906-1928
4s, J&J, $-07,000
Assessment Bonds
($9,000 yearly on July 15.)
SiflS, MtoN, $<>0,000-Nov.l,1906-09
'06-09
3is8,
Nov.l,
M&N,
$20,000.
4s, M&N, $80,000.Nov.l,190S-09
M&N, 40,000. Nov. 1, 'Ori-09
4s,
Sewer Bonds—
1906-1911 4s, M&N,
4,000 Nov. 1, '06-09
3JfiS, J&J,
$80,000
Bond. debt Oct.l, 1905.. .$547,000
($10,000 yearly on July 15.)
1912-1928
3HsS,J&J, $75,000
(Part yearly on July 15.)

New Lots was annexed

TOWNS.

3—

District No.

$500

5s

4—

District No.
5s
58,

,

A&O,

7s,

1906

..

$2,500... 1906 to 1910
2,500... .1911 to 1915

4s,

COUNTY OF KING8.
County and the

1,1896. [SeeV. 62,

city of

LOANS-

4s, ....

'

"
"
"
"
"

"
"

Driveway & Parkway

$l,900,000.May 1,'06 to'44

"
4s, $100,000
1907
"
1908 4s,
100,000
1908
"
204,000
1909 4s,
1909
"
1910 4s,
204.000
1910
"
1911 3 kss, 130,000
1918
"
1912 3s,
180,000
1915
1913
Street Improvements—
1906 4s. ... $500,000. .July l,'15to'19
1914,
($100,000 due yearly.)
I

4s,

4s, ..... $2,750,000 Jnlyl,1906-'33

$1.050,00(>.jiityl,'20to*26
($150,000 duo yearly.)

...

LOANS-

When Dnr.

48,
48,
4s,

+10.000
60,000
80,000

•'

"
"

Aemokv— (14th
4s,

4s,
4s,

LOANS—

Assessment Bonds —

oounty debt

in

Total debt

1908

4»«s,
4Wj8,

July

1,

1907
1

now comprised within the Borough of

Total Debt.

Jan

1, l>)03

Jan. 1,1904
Jan. 1, 1905

7,550,22122
8,767,2(752
...*12,858,450 87
12,646,5-4 »
12,2 = 682 '47
11,)-12.787 98

11.583.31H43

Sinking Fund.
$330,000 00
330,00 uO
330.0
00
33O.0.JO 00
5<'5,<"000
:-30.0000)
330 000 00
/<30 00 00

Oct 1,1-05
* New York

)

Net Debt.
$8,223,491 19
7,22'V-'21

2<i

«,4<7,?1752
*12,5 J8.45

1

3

4>fl8,

Nov.

1,

1906

ww^s

Water Bonds—

A&O, $23,000
2O,000
A&O,

5s,
5s.
4s,

J&D,

1909
1914
1908-1932

27,009

.

$15 5523

TOWN OF HEMPSTEAD.
The bonds of the old town of Hempstead which have been assumed
by New York City are given below. The rest of the bonded debt of
the old town will be found under the town's
place elsewhere.

LOANS-

When Due.
July

J&J, $127,000

48,

1,

own name

in Its proper

Bonded debt Oot. 1,1905. $127,000

Road Bonos—
1923

The amount

of the outstanding bonds of the school districts contained iu the town of Hempstead (except those below) which will
be chargeable to the city 01 New York has not yet been Judicially

TOWN OF HEMPSTEAD SCHOOL

147508
23187
235702
234216
327445

LO<VNS-

District No.
5s
5a
5s

,

of Queens in reported unaer tne county's own
a subsequent page; the amount of the original debt which was
chargeable to the city of New York was adjudicated finally to lie $3,796,032 1 leaving $1,01 l,i;67 89 as Nassau ( 'oumy's share of the obi
indebtedness. The old debt will not be apportioned but the city of
New York will pay all obligations as they mature, looking to Nassau
County for re mburseinentof its proportion of tlie debt. Tne amount of
Queen Couny bonds outstanding ou Oct 1, 1905. was $4,643,00'), of
which $3,669,70: 26 was chargeable to New York City.

name on

,

LON!i ISLAND CITY.

District No.

Due.

5s

1913
1918
5.000 ..
22,000... .191710 1938

District No.

$7,090...

27—

,$17,000.

23—

.1917 to 1933

5b,
5s,
5s,

,

VILLAGE OF ARVERNE-BY-THE SEA—TOWN OF HEMPSTEAD.

LOANS—

Improvement Bonds—

When Due.

Drainage Bonds—

Buh.dino Bonds—
$8.000....!917tol924

5s,

,$40,000 ...1920 to
60,000.... 1920 to
4.000. 1920 to
40,000.... 1920 to
,

5s
5s
5b

$5,000. ...1915 to 1919
9,000. ...1920tO 1922

5s,
5s,

,

,

5s,

1927
1923
1923
1923

,

VILLAGE OF FAR ROCKAWAY-TOWN OF HEMPSTEAD.
Improvement Bonds— (Con.)
When Due.
LOANS-

Improvement Bonds—
5s.

5s,

4s

1922
1906 to 1921
Jan.

J&J, $61,000
J&J, 16,000

,$12.000
15,000

4s,

1,

Sewer Bonds—

1906 to 1917
June 1,1918

J&J, $75,000
5s,J&J, 35.000
3»28, J&J, 40,000

($1,000 annually.

,

This was formerly a city in Queens County.
Refunding Water Loan—
When Due.
LOANS—
Newtown (funded debt)—
M&s. tf37,50o.8ept.l,'18-'19
5s,
F&A. $0 1.000. Feb. l,*08-'ll
7b,
($15,000 each year
'23-'25
5s,
($16,000 yearly.)
....,
$37,500
6s,
F&A, $11 2,500. Feb. 1,'13-'19 4s. M&8, 45.000 8ept.l.*20'22
(Part each year.)
Fire Department Bonds
4a,
F&A, $16,000. Feb. 1, 1920 4i 2 e, ..... $35,000
1924

When

18—

$7,000.... 1906 to 1912
74.000....1i06to 1979
65,000.... 19X7 to 1949
For other Hempstead School Districts see "Additional Statements'
at the end of New York State.
,

OUNTY OF QUEENS.
The debt of the county

DISTRICTS.

(See note above under Hempstead.)

15-7228

)

,

determined.

,

i

$140,404,990
$9.094 733
$14-»49.-»,72 3
131,379,225
7.477,425
133 856,650
123,7X1,723
10.17(5 9
1
3.9 -8,623
108,859,704
9.'2«.13l
117.885.838
107,1 9,620
10,326,810
118,006,4 30
104,427,772
5.498.631
10 (.926,453
103,752,600
6,314,032
110.006,632
POPULATION -In 1905, 198,241; in 1900, 152,999.

Sewer Bonds—

,

4^9,

12,141,54179
11,926,^2947
11,482,78798
11.253,31643

11,4 2,46611
343,000o0
ll.0-il.466 1
City's portion of the old debt of juean'B County is Included
for the first time at this date
The city was held to lie responsible ou
final adjudication for $3 ?9'i.
of this debt, but amount Jan. 1,
1901, had been reduced to #3,772,346 39 aud this is the sum included.
-Assessed Valuation.
Real.
Person 11 1.
Total.
Tax Rale.

1905
1904
1903
1902
1901
1900
1899

M&N, $16,000

($4.u00 due y'rly) to Nov. 1,1909
M&N, $34,000. May 1, 1910-'18
A&O, 120,000.Oct. 1,

4s,
4s,

1906 1907
|e,858
1922
ACCR'D INDKBTEDNESS BONDS—
$3,0i)0. ...1906 to 1911
1912
4s
1922
Improvement Bonds—
22,000....
1924
5s
7,500....
,$50,000.... 1906 to 1921
3,000. ...1913 to 1918 5s
50,000....1911tol926
to
1912
3,500.... 1906

1,

each of the years named.
Oc\ 1. 1905. Jan. 1,1905. Jan. I, 1903. Jan. 1, 1902.
$9,031,000 $10.54s,0
$12,487,500 $13,243,000

$8,558,491 19

Street Improvement Bonds—
4s,

When Due.

May

Queens.
Jan. 1. 1898
Jan. 1,1x99
Jan. 1, 1900
Jan. 1. 1 01
Jan. 1, 19-2

LOANS-

4^3, ....,$30,000.
4 las,
20,000....

ETC.—The subjoined statement shows the tota

civil divisions

11,000
July, 1917
25,000
1937
Bonded debt Oot. 1,1905.$296,200

When Due.

Watek Konds—

BOROUGH OF QUBENS.
Debt of old

I

Part yearly
5s&6s... $11,000
Funding Bonds— 1892-3-4—
1906 1915
$5,000
4s,
1906-1912
7,000
4s, A&O,
($1,000 due yearly on April 1.)
1906-1919
4s, A&O, $14,000

1907

$60,000

$99,000

I

I

1, I90t> to
vearly.)

County Records—

TOTAL DEBT,

1

1906-1916

$33,000

$90,000. July 1,1906-1913
1914-1915
22,000
11,000
July, 1916

VILLAGE OF FLUSHING -TOWN OF FLUSHING.

When Due.
Regiment.)

$50.000. .May
($30,000 due

|

7s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, .....

VILLAGE OF WHIT E STONE- TOWN OF FLUSHING.

LOANS

I

1906
1907
1909

I

($3,000 yearly Dec.)

CERTIFICATES OF INDEBTEDNESS.
AliMOKY— (13th Regiment.)

$50,000.... 19 17 to 1936
^0,000. ...1937 to 1944

Water Bonds-

I

($4,600 anuually.)
4s, .....

Refunding Loan—

May, 1906
" 190

1906-1926

$96,600

3ifl8,

($50,000 due yearly.)
4a,....
460,000. July l,'33to'40

Countv Farm
"

When Due.
LOANS—
Improvement Bonds—

When Due

Park Fund Loan

48, .... $250,000. May l,'10to'19
($25,000 due yearly.)

$32,000
4s,
119,000
4s,
8
119,000
I
115,000
48,
115,000
46,
119,000
48,
119,000
4s,
119.000
3^s, 100,000
3^s, 100,000

4s

p. 49.]

When Due.
Building Improvement—

,

VILLAGE COLLEGE POIST-TOWN OF FLUSHING.

Brooklyn were consolidated on Jan.

LOANS—

7—

District No.

..

Kinsrs

1906-1907

3,000....

($2,000 payable y'rly on Sept. 30.)
4s, M&S, $10,000.Sept. 30, 1930 to
(part due y'rly) Sept. 30, 1934.

Jan. 1, 1916
Jan. 1.1917

5a,

1906

1911

5s,

J&D, $0,000

4s,

1906 to 1916
J&J. $11,000
($1,000 annually on Jan. 1.)

to

($1,000 annually.)

1906 1925

($2,000 yearly on Jan.

1.)

VILLAGE OF ROCKAWAY BEA'JH-TOWN OF HEMPSTEAD.
Street

Improvement Bonds— 5a

190rf to

1920

$4.5,000

TOWN OF JAMAICA.
Road Bonds— 4s.

Towu

due 1926
dne 1906-19^6

$450.000
40.000

Hall Bouds. 48,

VILLAGE OF JAMAICA—TOWN OF JAMAICA.
Sewer Bonds—
...,

,$150,000....

I

1917

I

Street Improvem't Bonds—
...,

,$100,000....

1917-1936

—

7

NEW YORK-CITIES AND

Not., 1905.]

Koronsli of (\nccnH—( Concluded.)
TOWN OF JAMAICA SCHOOL DISTRICTS.
When Due.
District No. 7—
LOANS-

District No.

1—

District No.

3—

$12,000... .1906 to 1914

5s,

5s,

$ss,0oO... 1906 to 1949
7,000... .1906 to 1919

5s,

4s

5s

,

5s
5s

5e,

,

$1,250... .1906 to 1922
12,0<»0... ,191.7 to
4,000... .1930 to

.1906
.1906
.1910
.1910
.1950

to 1937
to 1924
to 1929
to 1953
to 1974

$20,000.. .1909 to 1918
18,000.. .1919 to 1927
75,000.. .1930 to 1954
$2,f.OO.. .1906 to

,

1928
1933

Street and sidewalk
$50,000.... 1926 to 1935
4s
70,000 .. lP37to 1950
48

Fire Bonds—

4s,

$5,000.. ..1921 to 1925

,

Bridge Bonds—
$2,000

Flushing Ave. Imp. —

When

$12,000...
12,000..
6,000..
58
D istrict No. 3—
$6,500..
58
8,000..
5fl
,
,

7—
9—

$1,«00.. ..1906 to 1913

5s

District No.

$1\000 .1906

5s

District No 2—

5a

DISTRICTS.

District No.

Due.

,$44,000... .1906 to 1927
15,000... .1913 to 1927

.

District No. 10—
.1906 to 1918
.1906 to 1918
.1919 to 1924

,$24,000.. ..1906
35,000.. ..1908
19,500.. ..1907
District No. 11...
$9,000.. ..1906

5s,

5s
5s

.1905 to 1^14
.1910 to 1917

,

to

to

5s

,

1920

to 1921
to 1927
to 1926

District No 12—
$8,500 ... .1906 to
District No. 13—
5b,
$8,800... .1905 to 1926
DISTRICT No. 5—
5s
$7,000.. .1906 to
,
District No. 1458
$2,500... 1906 to 1910
,
4,000... .1910 to 1913 58
4^8,
$7,500.., .1906 to
44,000... .1906 to 1927 4*23,
..,
3,500... .1906 to
5s,
35,000... .1911 to
District No. 4 -

,

1914
1922
1912

1920
1911
1928

BOROUGH OF RICHMOND.
DEBT OP OLD CIVIL DIVISIONS NOW COMPRISED IN RICHMOND BOROUGH.
Total Debt.
Sinking Fund.
Net Debt.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Oot.

1898
1,1899
1,1900
1,1901..
1,1902
1,1903
1,1904
1,1905
1,1905

$3,358,449 96
3,136,798 20
2,961.386 70
2,824,698 28
2,73<»,79S46
2.672,298 53
2,644,114 66

1,

$3,358,449 96
3,136,798 20
2,961,386 70
2,824,698 28
2,739,798 46
2,672,298 53
2,644,114 66
2,552,361 29
2,473,754 58

2,552,36129
2,473,754 58
-Assessed Valuation
Real.

Personal.

Tax Fate.

Total.

1905
1904
1903
1902
1901
190«
1899

$155821

$44,581,235
$5,430,810
$50,072,045
44,205,709
5,792,070
49,997,779
43,124,597
6,031.550
49,156 147
38,814,181
6,725,535
45,539,716
......
42,639,506
9,655,620
52,295,126
42.^23,924
6,264,204
48,988,128
40,264,69 %
3,838,890
44,103.582
POPULATION.—In 1905, 72,645; in 1900, 67.021.

15-9281
14*9675
23-3653

235191
22-2073
24-2377

When Due.

County Bonds—

Road Bonds— (Con.)—

I

3^8, F&A, $100,000 Aug. 1, 1915
F&A, $50,000. Aug. 1,1906 4^8, F&A, 150,000.. Aug. 1, 1916
F&A, 40,000. Apr. 1,1908 3138, M&N, 45,000.. Nov. 1,1917
A&O. 50,000. Aug. 1, 19o9 4s, g., $35,000, g
June,1920
A&O, 58,000. Aug. 1,1910 46, g., 100,000, g
Aug., 1920
Funding Bonds 1894—
4s, g., J&D, $168,000. June 1, 1921
1914' 4s, g., J&D, 202,000. June 1,1922
4a, g., J&D, $95,000
Road Bonds—
4s, g„A&0, 230,000. Oct. 1,1922
5s, »g., J&D, $90,000.. June 1, 1919 Total debt Oct. 1. 1905. $1,413,000
CASTLETON SCHOOL DISTRICTS.
When Due.
District No. 4—
LOANS-

3*28,
3138,
3a,
3b,

1

I

1

|

District No.
,

District No.
5s,

,

1—
3—

$12,000. ...1906 to 1911
District No. 5—
4ifl8
$4,050....1905tol916
5s

$40,000.... 1906 to 1913

,

When Due.

Wate* Bonds—

I

$24,000.. .1908 to 1926

Sewer Bonds

I

Road Bonds—

I

I

-

$17,600 ...1905 to 1926

3*28,
3^29,

...,$10,500. ...1905 to 1924

TOWN OF MIDDLETOWN.
LOANS—

Refunding Bonds—
*S,

Road Bonds—

When Due.

5s

,

MIDDLETOWN SCHOOL
District No.

1—

When Due,

1927

6—

$2,025. ..1906 to 1914

Road Bonds— (Con.)

WhenDue

Road Bonds—

.1922

,$80,000

5s

1920

,$35,000....

WESTFIELD SCHOOL DISTRICTS
6s,

,

District No. 5 —

WhenDue.

District No.

$2,200. ...1906 to 1916

District No 2—
6s,
,$1,250

$7,000.. .1906 to 1919

6s,

5s

,

4i«s, .....

6—

$5,625.. .1906 to 1914

District No.

1905 to 1907

7—

$1,000.. .1905 to 1907

This city is in Niagara Counly. Incorporated March 17, 1892. Al 1
bonds are exempt from local taxes.
Sewer Bonds—
When Due.
LOANS—
4s, J&J,
School Bonds—
$4,000 r.... 1906-1908
1906-1909
10.000 r.... 1906-1910
5s, J&J
4^8, A&O, $4,800 C...
1910-1913
4a,J&J,
70,000 r ....1908-1912
4s, J&.T, 20,000 r
1914 4b, J&.!, 130,000 r
1913
4s, M&N, 3,000 r
1914
1915 & 1917 4s. J&J, 200,000 r
4s, A&O,
4,000 r
1915-1918 48, M&S, 160,000r
.1914
4s, M&N, 10.000 r
.1916-1922 4s, A&O,
9,«00r
1917
4a, J&J,
32,500 r
1921
1923 1927 4s, J.W,
4,000 r
24,000 r
4a, J&J,
15,000 r...May 1,1919
4s, g., A&O, 25,000 r. Apr., '21-25 4s,M&N,
68,000 r...July 1,1920
4s, g„ J&J, 150,00> r July, '26-41 4s, J&J.
4s, A&O,
2,000 r Oct. 1, 1921 4s, M&N, 115.000 r...Nov.l, 1921
4s, J&J,
4,000 r... Jan. 1, 1922
„ „ at xt>x$ 3<\000 r Mayl.'42-44
3ias,g.M&N
/y 1( 1945 4a, J&J, 27,000 r...Nov. 1, 1922
5 000 r
}
4s, A&O,
14,500 r... Oct. 1,1923
Miscellaneous Bonds—
1914 4e,s .J&J, ( 7,000 r. July 1, 1921
4a,
J&J, $9,000r
19 L5
1904, \ 15,000 r July 1, '22-24
3%s, J&J,
9,000 r
Redemption Bonds—
10,000. Jne l,'22-23
a
o. <r\A T.cn J
4,g.,'04,J&D,
Jan. 1.1924
7>00 0.June 1, '24 4a, J&J, $7,000r
I
4s,g.'04,l&J,10.000r Jly.l.*23-24
Water Bonds—
Interest payable in New York.
5s,
J&J, $15,000 0. ...1906-1910
J&J, 24,000 0... 1911-1914 Total debt O t. 1, 1905 $1,429,079
181,000
5s,
J&J, 27,000 r.... 1909-1916 Water debt (included)..
J&J,
6,000 r... 1917-1918 Aas'd valuation, real . . 18,548,470
48,
138,550
4s
6,000 r.... 1907-19 08 A as'd valuation, pers'l..
J&J,
554,500
i^B, J&J,
6,000 r.... 1911-1912 Franchises
1914 Total valuation 1905...1»,241,52O
48,
J&J, 50,000 r
Assess, about *a to ^ real value.
1915
3%8, J&J, 38,000 r
4a,
9,000 r... 1915-1917 Tax rate (p. $1,000) 190*.. $2 1-22
J&J.
Population in 1900 was
19,457
Street Improvement Bonds
.26,559
4s J&J, $30,000 r.... Jan. 1,1924 Population in 1905

„

M

;

.

NO.

Edwin C. Willests,
HEMPSTEAD.—
Nassau County.

This town

Sup.

is in

Bridge Bonds—
J&J, $4,500 r. July 1,1910-14
4s,'05,J&J,$2O,00O.J'ly 1, 1910-19 Bonded debt|Nov ,1905. .$117,500

When Due.
LO A N S—
Town Hall Bonds—

4s,

Road Bonds—
4s,
4s,

Assessed valuat'n 1904.. 7,467,198
$10-60
Tax rate (per M) 1905
Population in 1900 was
12,048
Populationin 1905
14,143

J&D,$42,000r..Deo.l905-1925
J&J, 4,000c. July.1906-1909

20,000r.July 1, 1906-'25
a*
<kj,
48, Ji.ii
1926
27.000r July
1,

^

4s,'0V J&J. 20,000c Jan 1,1906-25
INTEREST on loan of 1905 is payable at Nassau County Bank; on
other leans at office of Supervisor.
|

TON A WANDA.— L.

This city

is

a. SrAKLEY, Tr's.

in Niagara County.

LOANS—

WhenDue. Bonded debt Apr.l, 1905.$541,600
Water debt, included
400,000

Sewer Bonds—
M&8, $60,000

1907-1918

Ass'd valuation, real
6,028,171
Ass'd valuation, pers'l... .418,045
1906-1926 Special franchises
266,900
4s, J&J, $63,000 c
Total valuation 1904
6,713,116
($3,000 due yearly on Jan. 1.)
Assessment about 75% actual val.
48. J&J, $14,000 o.Jan. 1906 1919
$26-52
Total tax (per M.) 1904
Water Bonds.
4s,
A&O, $275,000 c&r.Apr. 1,'24 Population in 1905 ...
10,157
4*28, A&O, 125,000 cAilg. 1, 1926 Population in 1900
9,069
INTEREST on all bonds except paving 5s is payable at the Chase
National Bank; on the paving 5s at the Bank of America, N Y. City.
5s,

c

($5,000 due yearly on Sept. 25.)

j

.

North Tonawanda School District N«.

kBwrdof

A portion of the city's territory.
When Due.
LOANS—
4s,

J&J, $46,000 C.Jan. 1906-1931

($l,000y'rlyto'll; $2,000to'31.)
4s,J&J, $6,000 c.Jan 1906-191 1
,„
T ~ T } $5,000 c.Jan. 15, 1915
48, j<»j,^
8oooo .jan. 15,'16-35
5s, A&O, 2,500 c. .Oct. 1, '06-10

5s,

nrncMCDTTDr'
UUriJli.JNSl^Ux-etj.—

DISTRICTS.

District No.

2—

$80,000.. .1906 to 1944

.1

$27,000.... 1906 to 1917

,

1927

NORTHFIELD SCHOOL DISTRICTS.
When Due.
LOANS—
District No. 7—
District No. 3—
6s
$1.750..
i^s, ..... $2.026
1905 to 1915
District No. 8—
District No. 5—
6s
$15.000.. ..1905
District No. 6 —

5s,

to

1920

June, $33,000
1906 to 1922
($2,000 annually to 1921 and
$1,000 In 1922 on June 1.)

.,

School Bonds—

.$150,000

5

I

!

I

|

L-

Education.

Bond. debt Apr. 1, 1905. $140,000
Assessed valuat'n 1904 5,968,699
School tax (per M.) 1904. ..$8-96+
Population in 1900 (est.).... 9,900
.

.

|

When

R. J

\r>. J.

This city is in St. Lawrence Co.
Incorporated as a city in 1868.

LOANS—

TOWN OF NORTHFIELD.
Road Improvement Bonds— 5s

5s,

District No.

$20,000.... 1906 to 1925

LOANS—

5s

$130,000

<i

$500.. ..1906 to 1907

,

TOWN OF WESTFIELD.

L'i'bfrL Cr'oim C'e

VILLAGE OF TOTTENVILLE—TOWN OF CASTLETON.
3H!8,

5s

$6,000....1906tol914

LOANS—

,

$51,000. ...1906 to 1922

LOANS-

District No.
5s

NO.

COUNTY OF RICHMOND.

LOANS—

6s,

,

$4,800. ..1906 to 1921

5s.

\

,

NEWTOWN SCHOOL
LOANSDistkict No. 1—

58,

5b,

|

W. CUTLER, Mayor.
A r ADA TTATTC"
r ALLb. — 5°Walter p.HORNE.cityCi'k
NlAC_rA.KA

1913-'17

,$47,000

4b

I

$8,400... 1905 to 1916
District No. 2—

5s

•NTT

Causeway Bonds—

4s,
,$10,000
1906
1927
Refunding Bonds—
1927 5s
$129,000. ...1906 to 1914
5a
35 000 ...
1908
,
1906 4s,
88,000. ...1900 to 1912
4s,
12,000. ...1905 to 1916

4^8, ....,$20,000
4138, ... ,600,000

.1927
.1927

$140,000.
115,000.

I

LOANS—
District No. 1—

$10,000. ...1916 to 1925

,

SOUTHFIELD SCHOOL DISTRICTS.
District No. 3—
When Due.

$4,000.. .1906 to 1913

,

4s,

When Due.

Road Bonds—

4s,

5s

LOANS—
District No. 1—

4b

TOWN OF NEWTOWN.

48,

SB,

$22,200.... 1905 to 1932

50,000.. ..1916 to 1925
150,000.. ..1952 to 1931

LOANS—

4s

Refunding Bonds
4b,

1910

District No. 11—
5s,

,

Borough of Richmond.— (Concluded.)
TOWN OF SOUTHFIELD.
Road BondsWhen Due.
LOANS- „
—

1,500.. .1911 to 1913
2,000.. .1925 to 1928
5,000.. .1914 to 1923

5s
5s

VILLAGE OF RICHMOND HILL-TOWN OF JAMAICA.
Village Hall Bonds—
When Due.
LOANSBonds

4s
48

5T

District No. 10—

,

,

,

5s,

5—
$3,000... .1906 to 1908
4s
District No. 6—
District No.

6s,

No 8—

District

District No. 4

4s

,$32,000..
19,000..
20,000..
88,000..
,
125.000..

4s,
4s,
48,
5s,
5s,

$50,000... .1927 to 1976
District No. 2 —
,$24,000... .1906 to 1924
5b,
4»flS,

TOWNS.

Dree.

DONAHUE,

Treasurer.

CRICHTON'

Jr., Clerk
from city taxes.

Bonds are exempt
|

Highway Bonds 1893—

A&O. $36,000 r.May 1, '06-23
J&J, $21,000 o.July 1
Total debt Oot 1,1905.. $216,300
3^8, J&J, n,250 cJuly,1906'20 Water debt (included)
128,050
3iflS,'05,M&N,20,000<'.Ma>l,'06-15 Tax valuation, real
3,735,980
Water-Works Bonds—
Tax valuation, personal. 616,100
3*28,
Franchises
77,925
5 $9,000 r. May 3<\ '06-08
M&N. ? 40,000 r..Mav 30, '09-18 Total valuation 1905
4,430,005
3Hjs, J&J, 11,250 o... July, 1906-20 Assessment about *3 actual value.
4s,

4s,

,

'06-'17

|

. . .

.1906 to 1915

$4,200.. .1905 to 1916

F&A, 10,000 C. Aug

1, '06-10
Total tax (per $', 000)1 905.$24-03
J&J, 45,ooo c&r.July 1, 1906 Population in 1900 was.... 12,633
Population in 1905
($3,750 due yearly) to July" 1, 191
13,17»
313s, J&J, ¥12,«00 c.July 1, '06-21
INTEREST is payable at New York and Ogdensburg.

3^9,

4s,

NEW

58

m PAW —
^l^rL-^iN.

J
?

YORK-CITIES AND TOWNS.

JAMES H. WARING, Mayor.
JOHN F. COAD, Clerk.

This city is in Cattaraugus Countv and was incorporated April 25,
1893, succeeding the village of OleanT
When Due.
Sewer Bonds—
LOANS—
City Building
1912-1918
4s, J&J. $35,000
4i«s, A&O,$3,000.Oct.l,1906-1908
($5,000 due yearly on Jan. 1.)

—

Paving Bonds—
Refunding Water Bonds—
F&A, $3,~50. .April 15, 1906 4s, J&J, $14,000.July 1, 1906-'33
F&A. 3,800.Feb.l, 1906-1907 Total debt Jan. 1, 1905 $120,450

4s,
4s,

.

Water Works Bonds—

64,000
Water debt (included)...
J&J, $12,500. Jan. 1, 1909-'14 lotal valuation 1904
3,601,520
J&J, 11,000
1906-1916 Assessment about actual value.
3%s, J&J, 12,000
1906-1929 Total tax (per $1,000) 1904.$22-83
3*28, J&J,
1906-1931 Population in 1900 was
13,000
?,462
Population in 1905
9,860
For debts of Olean School District No. 1 see "Additional Statements" at end of New York State.
INTEREST on the city building bonds is payable at the National
Park Bank, New York; on all other bonds at Farmers' Loan & Trust
Co., New York, and Seaboard National Bank, New York.
4a,
4s,

PLATTSBURG.-T
This
County.

C.eik.

When Due. Population in 1905
LOANS—
9,898
Improvement Bonds—
Population in 1900 was
8,434
3*sb, g., $52,000... July 1, 1906-31
PlattsOurg Seh. Oist. No. 1— W. B.
Refunding Water Bonds—
Mooere, Clerk. Interest on cou3i28, J&J, $21,000.Julyl, 1906-26 pon bonds
is payable at office of

Water Bonds—

City Chamberlain; on registered
$23,000
1906 1928 bonds by New York draft.
3*28,'05, J&J,50,000r.Julv 1, 1925
($2,700o
Jan.l, 1906
Bonded debt Jan. 1,'05. $193,600 4s, J&J,.? 10,000 c... Jan. 1, '07 11
Water debt (Included)... 139,600
I 2.200 c. ...Jan. 1, 1912
Total valuation 1905
l,68i',005 3i«s, 5 l,000r
Feb.l, 1906
Assessment about 13 actual value F&A,} l,300r
Feb. l, 1907
Tax rate (perM.) 1905
$4600 Bond, debt Oct. 1, 1905.. $17,200
INTER EST on coupon bonds is payable at office of City Chamber4s,

,

.

New York

on registered bonds by

lain;

p>ot3t r^LJTr
errors
"L»ni
UHJiOl
L^Jrt. —

M. Ruggles, Clerk.

is

5

draft.

Nicholas xhjffy,
D. CAMP, Clerk.

Treasurer

i c.

in Westchester County.

LOANS—

This city is in Madison County. Incorporated Mar. 28, 1901. Bonds
are tax exempt.
Sewtsr Bonds— (Con.)—
When Due.
LOANS—
4s, Apr.,
$634 86rApr. 1, '06-14
School Bonds—
3^9, M&N, $36,OO0rMay 1,'07-'18 4s, '"4, A&O, 5.000r.Apr, 1,'06-'15
4s,'05,June, 331 47. .June 1,'06-15
Public Improvement Bonds—
Water Bonds—
3!38.F&Ai5,*17,500r Au.l5,*06-12
3^s, M&S,$100,000 r... 1910 & '15
Local Improvement Bonds—
4s,'05 Sept., $18,500. .Sep.1,'06-15 3*28,'05,Quar., 50,000 J'lyl.'06 30
4s, '05, Ausr., 45,000.. Aug. 1, 1925
Paving Bonds—
4s. Apr., $29,861 82r.ADr. 1,'06-14 Bond, debt Jan. 1, 1905. $268,033
'15
Floating debt
4s,'04,A&O, 3.000 r. Apr, 1, '06
37,821
Assessed valuation, real.3,338,234
4s, 'Ot. Feb., 6,<JO0 r.Feb I. '06-15
4s'05,June, 3,559 47.Junel,'06-15 Assessed valuat'n, pere'l. 297,200
Total valuation 1905. ...3,633,434
Sewer Bonds—
$1,894 89cSept.29,'06-03 Assessment aot. 60% actual value.
4s
1,279 88cApr. 27,'06-09 Tax rate (per $1,000) 1905 $23 65
4s,
,
98o80oDec. 1, '05-O9 Population 1900
4s,
6,364
5.670 30-Nov. 1, '03-10 Population 1890
3^j8
6,083
4s,
2,261 42c J line 1 '06-13 Population 1905
8,420

Manix

F.

city is in Clinton

This village

ONEIDA.— C.

[Vol. lxxxi.

When Due.

Road Bonds—

Street-Improvem't Bonds—
TAT 5 $315. ..July 1.1907
4s, JetJ
'\ 6,000. .July 1, 1903-19
3»bs, A&O, $35,000... .Oct. 1, 1906
($2,000 due yearly) to Oct. 1, 1923
Sewer Bonds 312s, g., A&O, $13,000. Oct.'06-18 4s,g.,'04, F&A,$37,500 Aug.'06-30
3*2S, M&N, $500 .... Nov. 1,1906
24,000.. 1906-1915
Gun Brook Drain Bonds—
sa
r*-n 5 300.. June 1, 1908
4S,
j&v,
June lf 09 . 24 4s,A&Oi&,g..$27,OOOo. Apr. '06-32
1 8>000
Drainage bonds—
264. .June 1, 1908
d.a
^Xr^> $
j«l>,
48,
June 1. '09-18 4%g.,J&J, $592.... July 1, 1907
£ 5,000
8,000. July 1, 1908-15
250 .Apr, 1, 1906
»*ni
a«'(\c
48, w>, a*u 29,000 .Apr.1,'07-35 Bond, debt Nov
6,1905. 206,526
J
,

-

,

.

25..NOV.1.1906

Assessed valuat'n 1905. .6,661,200
Assessm't about 23 actual value.
Village tax(per $1,000) 1905.$8-82
3-70s,'05,M&N,$45,000Nov.,'06-35 Population in 1890 was
5,274
Park Bonds—
Population In 1900 was
7,440
4s, F&A1S, $1,500. Feb.15,'06-08 Population 1905 (eat.)
8,500
NTEREST on sewer bonds Is payable at First Nat. Bk., Portches'r.

M&N

4s '05
od,m<b;n,£i
48,

5,000.Nov.l,'O7 11

Fibe House Bonds—
.

I

,

,

958 40 r.Feb.l.*0i>-i5
INTEREST on water and several other issues payable in
other bonds in Oneida.

4s, '04 Feb.

ONEIDA
CO.— Henry
Utica
County
the

is

W. Roberts,

Treasurer.

seat.

LOANS—

Court House Bonds—

When Due. Population

in
Population In

1905
1900

139.347
132,800

ONONDAGA

CO.— Ernest

<,

Edgcomb.

I

I

|

I

|

is

in

Co,

Improvement Bonds—
4s, A&O, $18,166 63
Optional

Voting Machine Bonds—

$1,000 r
Jan.,190G 4s,04, A&O,16,617 89..Oet.l.05-12
Citt Bonds—
(Subject to call at any ti <.)
3»2S J&D, $312,000 c. 1906-1918 Bond, debt June, 1905. $928,284
ARBP.sned valuat'n, real. 9,122,657
($24,000 due yearly.)
3Ljs,A&0, $79,000 c. 1906-1917 Assessed valuat'n. per'l 1,08°>,036
Total valuation 1904... 10,207 6W3
($7,000 due yearly.)
4s
1903-1915 Tax rate (per $1,000) 1904. $2580
$10,000 c
Water Bonds—
Population in 1900 was
22,199
3J28,A&O,$467,500r.Apr.l, '06-22 Population in 1905
22,572
INTEREST on water andcit> bonds is payable in New York; on voting machine bonds in Oswego
:r

r

,

LOANS—
&

C.

S.

V.

K. Murdock. RR. Commissioner.

in Otsego County.

is

When Due.

BR.—

Refunding— Con.—
M&S. $14, 500 ..Mar. 1, 1923
M&S, 7,500
Mar. 1, 1914

4s,
4s,

3^6, Mar., $14,000... Mar. 1, 1910
3^8
2,000
190607

..

Bond, debt Oct.

Refunding —

1,

1905 ...$99,200

Total valuation 1904... .2,3^1,472
Assessment about s-j actual value.
Total tax (per M) 1904..... .$6-80
Population in 19(.0
4,497
Population 1905 (est.)
4,500

$31,500 ...Sept. 1, 1906-26
8,000 ...Sept 1, 1927-30
3^s, M&S,$15,000....Mar. 1. 1932
3*28, M&S, 2,200... Mar., 1906-16
3i29, M&S, 4,500... Mar.. 1917-31
INTEREST on 3 ks due 1906 07 is payable at the office of the State
Comptroller; on all other bonds at the First and Second National
banks of Cooperstown.

3*28,

S

M&S,

>

PEEKSKILL.-Wji.
This village

is

LOANS—

W. Tears,

County.
Sh.WER CERTIFI0ATE8—
4^-8, .... ,$16,922 h3
Various
1922
Paving Bonds— (Assessment)—

WlvenDue.

870s, J&J,$40,000.....Tuly 1,
10,000 ..Nov. 1, 1929
3^8,
4s,
J&J, 1,436 18. .July 1. 1933
3*58, M&N, 32,500.. Nov. 1, '07-31
3-6.' s. J&J, 20.' 00 .. July 1.1935

4ViP,

,

Refunding WATfR Bonds—
3-6S/04, J& J,$124,000, r. July 1,'34
Sewer Bonds -

4s.

$51.'/84 70. Aug.l,'i9

44
F&A.28,900.$2,000y'rly,Aug 1

3ia8

Firk, Bonds—
4s,
J&J, $1,500. July 1,1906-08

4^8,

is

$5,52<> 59. ...Optional
5, 364 88.... Optional

Paving Bonds—
4s, A&O, ¥25,000.. Oct.

1, 1003-32
Bond, debt .lime, 1904. $346,434
Water f-eb: (included)
207,936
Assessment debt(incl)..
13,391
Tax valuation 1903
6,197,892
City tax (per $1,000) 1903... $-110
Population in 1900 was
10,358
Population in 1905 was.... 3,200
.

I

I

I

|

1

PENN YAN.-L,
P. Nielson
Yates County.
This village

Treasurer.

in Westchester

Water Bonds—

3^28,

Treasurer.

3 70s,04,A&O.*31,89<?r.Oct.*22 30
4'50s. A&O, 49,6l6r.Oct. 1, '08-21

Water Bonds—

3L)8,M&N, $-»l,500

r

1905 22

Oct., 1905... $168,400
Assessed valua'n 1904..2,132,17r,
(Assessment abc. 2z actual value.)

Village tax rate (per M) '04. $803
Popula- ion 1900
4,650
Interest is paj able, in Penn Yan.
i'e.nn Tan Sch District
4s, '04,M&N,$34,000.Nov.l,'06-39

—

(Co. eluded)

5s,

.

J&J, $3,000

July

—

'09-''10

1,

Bounties—
5s, M&S, $8,000

1906
1909
1906
1907

3s,M&S, 20,000
3s,M&S, 20,000

Asylum Bonds—

May,1909 3s, M&S, $15,000
1908
Fallkill Improvem't Bonds— 3s. M&S, 32.000
1909-1910
Refunding Bonds—
7s, F&A, $58,000. Aug. 1, 1909-'10
Deficiency Bonds—
1906-'28
5 $46,000.. Oct. 1,
sua
"* M8
May 1, 1914
7s, M&N, $83,000
19,000 Oct. 1, 1929
X
'

Sewer Bonds—

4s,
4s,
4s,

(The above issue is tax-exempt.)
3>2S, J&D, $37,000
1923
3H8.M&N, 75, 000.... $1,500 y'rly
3s, M&S,
62,000.... 1,500 y'rly
3^s,M&S, 125,000. Sept. 15, '06'30
3I2S.M&S, 105,000, Sept. 11, 1931
3^fl.M&N. 97,000 ...May 1.1923
3 ^8,'04, F&A, 57,000. Feb. 1, 1934
Certs. (Sinking Fund Corn's) —
3*28, '04, F&A, $57,000. Feb. 1, '34

F&A. $10,000... Aug. 1,1906
tiO.000 ..Junel,'15-*17
17,100. .. June 1,'06-'14
ll.ODO. ..Junel, '06-'16

48..T&D,

J&D,
J&D.

3 «2S,F&A, 20.000
Aug. 1, 1906
3 >2«,F&A, 20,000... Aug. 1, 1911
3J28.F&A, 10,000. ..Feb. 1. 1912

3H.8.A&0,
FAiA,

F&A,

1906-1908

8,5i

50,000.. Feb.
38,000..- Aug.

INTEREST

is

1, '07-*ll
1, »07-'03

payable at Fallkill National Bank, Poughkeepsie.

TOTAL DEBT, SINKING FUNDS, EtcJan. 1,1905.

Jan.

1, '04.

Jan.

1, '03.

water debt). $1,605,000 $1,638,000 $1,650,000
CITY PROPERTY.—The city owns buildings valued at $200,000.
ASSESSED VALUATION.— Real estate assessed about as value.
Personal,
lotal A ssessed Rate of Tax

Tot. funded debt (incl.

—

Real Estate.
Property.
Valuation, per $1,000.
$1 1 ,968,495
$920,500
$24-60
$12,^88,995
25-90
11,911,605
1,411,400
13,323,005
24-40
11,848,630
1)71,200
12,819,830
25-40
11,777,400
1,981,700
13,759,100
10,799,170
1,890,050
12,689,050
2510
23-44
10,556,320
2,379,850
12,436,170
23-44
9,718,890
3,813,850
13,532.740
POPULATION—In 1905 25.379; inl900 it was 24,029; in 1890 it
was 22.206 in 1880 it was 20,207 in 1870 it was 20,080.
Tears

1904
1903
1902
1900
1895
1891
1890

;

;

QUEENS CO.—
County seat is Long Island City. A good part of the old County of
Queens Is now included in the Greater New York, and a law changing
tne name of that portion of the old county outside of Greater New
York to Nassau County went into effect January 1, 1899. The
amount of the outstanding bonds of this county which will be chargeable to the city of New York has been tinally determined by the
Supreme Court (V. 71, p. 875.) Under this decision the oity of New
York was made liable for $3,796,032 11 of the old debt of Queens
County as it stood at the date of division and the remaining $1,011,967 89 became an obligation of Nassau County. Instead of apportioning certain bonds to New York City and to Nassau Couuty, the debt
and interest will not be divided, but will be paid by New York City,
Nassau County paying over its proportion as it beoomes due. New
York City pays -78952414973 of the prinoipal and interest as It
becomes due, and Nassau County -21047585027.
The statement below shows the obligations of the old County of
Queens which remained outstanding on Oct. 1, 1905.

LOANS—

Gold Bonds

When Due.
-

1907
J &J, $110,000
4g, J&J, 151,000g....July 1,1916
48,

Funding Bonds—

4s, J.VD,
4s, J&D,

$260,000.... Dec. 1, 1927
50,000.. ..Deo.15, 1917

Building Bonds—
4s,

J&D, $120,000.. .Dec.

4s,
48,

J&J, $30,000
J&J, 100,000... Jan.

Other Bonds—

When Due. Bond, debt

3*8/0 t.A&O,*35,000r.Oct.,'09-22
Hi WEB Bonds

Incorporated 1854.

F&A. $40,000 .Aug. 1,
High School Bonds—

$10,000
10,000

in

LOANS—

Electric Light Bonds -

County.

Sewer Bonds
3s.

29,000
76,000
8,000 ...Feb. 1,*06-*13

4s

4s, .....

This town

i c. S.

Water Bonds—
3138, '05, F&A, $75,000 rFeb.1,'35
7b, M&N, $216,000.. May 1, '06-'13

3s.
3s,

K. Doyle, Chambbriam.

When Due.

OTSEGO. — H.

J

the county seat of
When Due.

LOAN S—

3s

I

LOANS—

is

1

Railroad Bonds—

>»rd of Supervisors.
County seat is Syracuse.
When Due. Interest is payable at Syracuse.
LOANS—
Penitentiary Bonds—
Bond, debt O t., 1905..."$l,lo(>,000
3s,
July, 1906'19 Tax valuation, real.. 116.62!, 792
$70,0000
July, 1920 '2.-* Tax valuation, person'l. 7,111,695
J&J, I 7O.O0O<:.
Court Hoi-se Bonds—
Total valuation 1904.123,73 -,487
Aa jji<b»,j
M/€r o C$460,000r Mar.l,'0>3'28 Population in 1900 was. ..168,735
«s,
5()y,000r.Mar.l. 1929 Population in 1905
178,436
INTEREST on the penitentiary bonds is payable at Syracuse; on
the court house bonds at the Morton Trust Co., New York City.
This city

This city

3!2S,

C airman B

OSWEGO.-R
Oswego

,

3s

($396,000 r.Feb. l,'06-23
24,000 r.Feb. 1, 1924
v\ a '\
F&A,
100,000 r.Feb. l,'25-28

<?L, a -o=;

GEO M. HINE, Mayor.
—
HOWLAND, chamberlain.
Dutchess

,
P>r^TTrVT-TtrT7 'R
lrLJUv_rr-liVli
ll "P>C:TT7
±-'C3llli.
1

New York;

15,

1927

1906 07
1, '10-'19

Road Bonds—
A&O, $340,000... Oct.
M&N, 375,000.. Nov.

1917
1917
1917
1917
1917
1917
1922
4s,M&N, 275,000 g., Nov. 1, 1916
4s, A&O, 618,000.... Apr. 1,1917
48 A&O, 135,000.... Oct. 1,1917
Total debt Gt.l, 1905 .$4,648,000
N. Y. City's prop'n... 3,669,708 26
Nassau's proportion
978,291 74
15,
15.
J&D,
55,000... Deo. 27,
J&D, 1,339,000.. ..Deo. 1,
J&D, 50,000.. Dec. 15,
J&D, 240,000... Dec. 15,
4g, J&J, 400,000 .... May 1 ,

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

.

RENSSELAER.— Philip J.

Gompii, Treasurer.

formerly the village of Groenbush, was incorporated April,
1807, and is in Rensselaer County. A bill passed by the Legislature
of 1901 annexed to the city the village of Bath-on tho-Hudson and
part of the town of East Greenwich.
Till'-

city,

—
:NTov.,

)

)

NEW YORK-CITIES AND TOWNS

1905.]

LOANS—

Fire Alarm Bonds—

Voting Maohink bonds—
Dec, $3,750 e.Dee. 1, 1905-10

When Due.

4s,

Beweb Bonds—

1906

4s,»05,) $1,431 i6r.8ept.28,

MAS, \ 5.000 OOr.Sept.28,'07-11 4S.05,
$1,200 r. Oat. 26, 1906
Paving Bonds—
A&O.
2,000 r.Oct 20, '07 09
School Bonds—
4s, Sep. ll.$56,000oSept. 11, 1911
?

s

Uos,M&S,$22.000 o. .Mar. 18,1906
4,000 e... Aug. 1, 1906
c.Aug. 1,1911
-Is
V&X J 5,000
is.KiLA-j
y>0 00c ..Aug. 1,1916
7,000c. ..Aug. 1, 1921
[
4s, 1904, 19,000 r.July 1, '06-21 Total debt Apr. 1, 1905.. $410,475
52
^
906
r.Sept.
Sinking
28,
fund
44,527
/
1,424
4s,'05,
MAS, S
9,000 r.eopt.28,'07-15 Assessed valuat'n 190-i.. 4,664 ,008
ts,'05, >
1,351 75r.Oot. 2^, 1906 lotal tax (per$l,000)1904.$25-16
5,000 r.Oct. 26, '07-11 Population 1905
10,715
A&Q, S
INTEREST Is largely payable at the Albany County Bank.

4s, Oct. 20, 32,000 o.Oot.20, 1911
4s, Deo. 15, 72,000o.Deo. 15, 1911
30.000 cOot. 11, 1912
4S, A&O,
99,000 o. Julyl5,06'-3S
4a, J&J.
38,000 r.July 15, 05 3S
49, J&J,

|

CO.—Elias
RENSSELAER
County

P.

Mann,

25.

/

3^8, A&O, $30,000 r.... 1906-1910
($6,000 due yearly on April 1.)
313s, A&O, $120,000 r.. 1911-1930
($6,000 due yearly on April 1.)
3ias, A&O,$105,000r. Apr. l,'31-'45
($7,000 due yearly.)
3*as, A&O. $25,000 r.1941 to 1945
($5,000 yearly on April 1.)

Armory Bonds—

A*0.

1908

War Bonds (renewal)—
4s, F&A, $30,000c. ..Feb. 1.1906
4s, F&A, 20,000 c... Feb. 1, 1907
4s, F&A, 27,000 c. .Feb. 1,1908
4s, F&A, 22,000 e.Feb.l,1906-'16
($2,000 duo yearly.)

F&A, $25,000c Feb., '06-'30
F&A, 16,000c .Feb.1,'06-21
F&A, 12,000 c.Feb.1,'06'17

3Vi8,
3138,
3%.s,

F&A, $28,000 r.Feb. 1,'06-'19
S^s.'OS.F&ASO.OOOc.Feb.l.'Oe 35
Toll Road Bonds—
Refunding Bonds—
3k8, F&A, $54,O0Or.Feb.l, '06-'23
3><j9,

Sinking Fund Bonds—
A&O, $20,000 r Apv.1,'06-07
A&O, 75,000 r.1913 to 1917
($15,000 yearly on April 1.)

3»a8,
3^38.

Highway Bonds—

3i«s'05F&A$70,000 r.Feb.1,'06-33

Sewer Bonds—

F&A, $34,000 c.Feb.l, '06'22

3139,

i3ftf,896; in

ROCKLAND
New
City

LOANS—

HO.OOOr. June,1914-24

Funding bonds—
1

4s,'05,,

MAS,

1
J

$42.000o. Sept.
70,000c Sept.
8.OOO0 Sept.
180.OOOo.Sept

INTEREST
r\ tv/ttp
KCJlVUbL-.
«r»

is

Bonded debt May 1, '05. .$673,000
.

Tax valuation, real
72.921,308
Tax valuation, persl.. 4,351.057
Tax valuat'u, franchises 1,900,345
Total valuation, 1904. 79,172.710
Population in 1900 was.. .121,697
Population in 1905 was... 122,579

1907-13

1,
1.
1,
1,

1914 23
1924
office of

DR. THOMAS
—Oneida
m. MERTZ,
County

Coun ty Treasurer

NOCK, Mayor.

>

G.

j p.

Clerk.

in

\

School Bonds—

4s,

1 60,000
(included) ...
Assessed valuat'n, real.$6,79 4 ,047
Assessed valuation, per'l. 2C0,959
139,850
Franchises. ....

Water debt

F&A, $42,250

1, 1906
1, 1918
$12,ti00...July 1, '06-17

Feb.
($3,250 yearly) to Feb.

3*«s.

J&J,

Street Bonds—
J&D, $6,000. ..June 1,1906
1,544.... Apr. 1, 1906
J&J,
Jan. 1906
S^s, Jan.,
416
3*28,
3128,

3,602 03... Mac.1,1906

3*28, Mar.,

1,1906
584 94. .. July 1, 1906
3*2S,M&N, 25,500.. Nov. 1, '06-22
PAR VALUE.—The water, sewer and voting machine bonds are for
3!28,Apr., 2,106 77. ..Apr.
3i*8, July.

SARATOGA SPRINGS.— A. L. Churchill,
—
Receiver of
Sewer Bonds—
When
This village

'lasts.

LOANS—

Interest
Principal.
Bate. Payable.
Due.
Outstand'g.
r 3
Jan. 1, 1920
$100,000
Subject to call after Jan. 1, 1900.
r 3*2 J & J
.July 1, 1922
100,<<00
Subject to call after July 1, 1902.
r 314 J & J
Sept. 1, 1921
100,000
Subject to call after Sept. 1, 1901.
1899 4-49 Sept.
Sept. 30, 1908-09
5,778 08
r 3^ P &
Aug. 1, 1912
100.000
r 3*2 J
Jan. 1, 1912
J
150,000
(Optional after Jan. 1, 1907.)
-

"Bridge bonds

do

Brighton loan
"Consolidated loan

High School bonds

,

&

*Eastsidetrunksewer...r 4

do

do

do

do
do

*do

,

,

-

J&J

*Bridge bonds

do

Incorporated 1834.

A

J&J jg^^gr!}

150,000

Subject to call after 20 years.
. ,v, T . T J Jan. 1,1906-'21)
....r 313 J
& J } $25j00 5 yearly
Subject to call after 20 years.
5 Jan. 1, 1928'37
r <?i«
....r
0*3 jT A&, jT

400,000

J

$

1904.r

$25,000 yearly.

<

250,000
100,000

Subject to call after 20 years.

M&N

'Refunding, 1995
r 31.2
May 1, 1935
Local imp't bonds, 1899. r 3*2 F & A
Oct. 2, 1919
Subject to call after Aug. 1 1909.

410,000
500,000

,

*do

1901

do

tMarket bonds, 1904

r

3^

J&J

3**

J

<fc

(July
July
(July

s

J

1,
1,
1,

1909
1914
1924
1914

Subject to call after 1909.
tPark bonds, 1888
r 3
July 1, 1928
Subject to call on and after July 1, 1898.
tdo
1896
r 34 J & J Feb. 29, 1936
Subject to call after Feb. 29, 1906.
Railroad loans—
* Refunding RR., 1893.. r
313 F & A
Feb. 1, 1913
Subject to call after Feb. 1, 1903
"tWater w'ks, 1873-76
r 4
Feb. 1, 1943
Subject to call after 20 years.
tdo
1892. r 3*2 F & A
Feb. 1, 1942
Subject to call after 1912.
Ido
1894. r 3*2 F & A
Feb. 1, 1944
Subject to call Feb. 1, 1914
*do
r 3% F
Feb. 1, 1914
ref'ding,1903 r 3^
Ido
Jan. 1, 1933
Subject to call after Jan. 1, 1913
•Water shed bonds.. 1 898 r 3*2 F
Aug. 1, 1918
*do
do
1904 r 3*2 J & J
July 1, 1924

J&J
F&A

&A
J&J
&A

*

$5,000 each.

Union Trust Co.

$1,000 each.
J $10,000 each.
bonds and Interest are payable at the

200,000
300,000
500,000
150,000
300,000
60,000

of

New York.

Sept. 1,

1910 Total valuation 1905 ...6,352,1^5
Assessment ^ actual value.

1911-1917

($5,000 due yearly on Sept.

Tax rate

(per $1,000) 1905.S38-60
Population in 1905 (est.).. 12,500
12,409
Population in 1900 was
Saratoga Sp'ings Sch. District
1906-1912
4a, M&S, $2 1,000 r
Bonded debt Oct., 1905. ..$21,000
School tax (per M) 1905...$8 20 12

1.)

$40,000 r.Sept.l,'06-'09
25,000 c&r.8ep.l,10-U

4* MAv<*
4S,
m&fe.iJ

—

12( ooo r Sept.l,'15-'16
3,000 r.. Sept. 1,1917

i

Water and Sewer Bonds—
4s,
4s,

M&S, $55,000 cfcr.Sept.,'06'16
M&S, 130,000 r..Sept.l,'17'29

,

(For debt of Saratoga Springs " town," see additional statements

end of New York

State.)

,

S. LUFFMAN, Comptroller
JOS. H. BERNARD!, Treasurer.
of the same name, and was incor-

—
county

a t^-v
.SOri-tLIN .ELO 1 J\U
I

c-r^T^rrrivTTT

/-^ rr"

This city is situated in the
porated in 1798.

5

.

740,000
300,000
500,000
950,000
250,000
3,000,000
200,000
170,000
office of

the

TOTAL DEBT, SINKING FUNDS, EtcOct. 1,'05. J«n.l,'05. Jaw. 1, '04. Jan.l, '03.
$9,9«5,778 $10,005,000 $8,585,000 $8,610,000
..
6,129,000
6.029,000 5,610.000 5,780,000
On Oct. 1, 1905, the city had a sinking fund of $658,813. In addition to the above debt the city had on Oct 1, 1905, a floating debt of
$1,009,000, consisting of outstanding notes.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being assessed at about
actual value. Tax rate for 1905: city, $18*94 and total $23 JU.
Real
Personal
Rate of Tax
Years.
Estate.
Property.
Franchine.
per $1,000.
1905
$114,244,975
$6,952,0o0
$18-94
$5,742,825
1904
109,337,400
17-72
6,361,050
4,964,790
1903
107,098,950
5,791,6P0
17-20
3,976,447
1902
104,636,500
17-37
6,272,300
4,7 16,1 '10
1901
103,041,475
15-65
7,378,630
5,149,685
1900.
102,295,000
19-83
9,108.630
4,544,520
1895
99,389,050
16-19
6,081,200
1890
88,053,750
15-20
5,937,950
1880
34.408.725
23-86
1.430.144

O LIN

^

When Due.
Assessment & Defic. Bonds—
LO A N S—
School Bonds—
4s, F&A, $20,000 r Feb. 1. '23-26
3s, F&A, $30,000r.Feb.ll, '10-15 48,'04,M&N, 50,000 r.May 1, 15-24
20,000 r Feb. 1, '16-'19
3s, F&A,
6,000 r.June 1, 1912
3.000 r. Apr. 1, 1920 4s, J&D
5,000 r June 1, 1913
$
49
A^O
4S, a<bo,

\

15,000 r. Apr. 1, '21-23
53,000 r.Aug.l, '00 '20
(See V. 71. p. 202.)
4s, F&A,
60,000 r.Aug.l, '21-'32
4s. J&J, 140,000 r.July 1, '06-'33
4s,

4s,

5,000c
5.000e
3ks,'05,A&O,15,O00rApr.l,'ll-15
,

4s, '05,
4s, '05,
j

J&J.
J

1904

?

4s,
4a,

J&J,

$y,000 r.July

1,

Sewer Bonds—

4 s,

3s,
3s,
3s,
4s,
4s,
48,

1909

A&O, $20,000c .1906-1907
A&O, 10,000 r.Oct. 1, 1920
A&O, 10,000 r.Oct. 1, 1921
F&A, 15,000 r Aug. 1, 1922
. .

5,000 r July 15, 1923
A&O.
5,000 r.Oct. 1, 1908
F&A, 10,000 r. Aug. 1, 1911
J&D, 15,000 r June 1, 1924
15,000 r July 1. 1925
J&J,
J&D, 25,000 r June,1912'15
J&D, 30,000 r 1926-'28&'30
35,000 r May l,'23-'29
4a, M&N,
20,000 r.May 1,'30-'31
M&N, 125,000 r.May 1, '06'30
1 1906-*14
iouu- i^t
27,000
r.. May
yi..»
j j.
f
20,000 f..May 1,1915'19
Iri
nt <
M&N,
25>000 r Ma y i 1920-'24
4s,
3s,
39,
48,
4s,
4s,
4s,

(

4s,

1

>

Building Bonds S^s.'OS.MAS.^O.OOOr Sep

,'11-25
1

INTEREST

payable at the

is

M&N,

J&D,
J&J,

F&A,

15,OO0r.May 15, 1911
40,000r.May 15, 1912
40,000r.May 15, 1913
60,000r May 15, 1914
60,000r May 15, 1915
3O,OO0r.July 15, 1916
13,000r.Feb. 1, 1907
15,000r.Feb. 1, 1908
15,000r Feb. 1, 1909
lO.OOOr Nov. 1, 1916
32,000r June,1917'18
15,000r.July 1, 1919
15,000r.Aug. 1, 1921

office

F&A

f

Assessed val't'n.pors'l. 1,652,400
Total valuation, 1905 26,172,089
Assess, about 50 to 60% actual va,l.
Tax rate (per $1,000) 1905.$25-50
31,682
Population in 1900"was
58,3^9
Population in 1905 was
Treasurer.
of the City

SENECA
FALLS.-W
town
Seneca Countv.
This

F&A,
F&A,

13,000r Aug. 1, 1911
16,OO0r.Aug. 1, '12-'13
28,000r.Aug.l5,'ll'13

210,00: r.A'g.l5.'le-'21
5O,OO0r.Aug. 15, 1922
Sg.OOOr.Au-?. 15, 1923
3LjS,'04 5 10.000 . July 15, 1906
J&J, I 90,000 July 15,1 907-'24
Bond, debt Oct. 1, '05.. $2,087,036
929,000
Water debt (included)..
241,303
Sinking f'nd (all water)
N^t debt Oct. 1, 190r... 1,845,733
Street asses, notes dncl.) ..36,391
Assessed valuat'n, real. 24, 51 ^.689

J&J.

•

Bonded debt
Water debt (included)

F&A,
F&A.

,

Park Bonds—
4s,
4s,
4s,

25,391....

$9,000 r.Feb., 1906-'I4 4 s, M&N,
25,000 r. June, 1916-19 4s, M&N,
10,000 r June 1, 1927 4s, M&N,
15,000 r June 1, 1929 4s, M&N,
40,000 r Julvl, '3*>-'23 48, M&N,
1 8,000 r.May 1, 1906'14
4s, J&J,
30,000 r.May 1 1915-'24 3s, F&A,

F&A,
J&D,
J&D,
J&D,

Mar. 15,1906

$11,000

4s,F&A,

Fire Bonds

4s;m*N

60,000 r.P-lay 1 '08-'19

May 18, 1907
Water Bonds—
4s, M&N. $80,O00r.Nov. 1, '08-'15

5s,....,
4s,
4s,
48,
48,
4a,

M&N,

Grade Crossing Bonds—

F&.A.

6s,

4s,

t

INTEREST—All

M&S, $18,000. Sept. 1, 1906-'08
M&S, 3,000. Sept.l, 1909-1911
M&6, 40,000. Sept.1, 1922-1925
Bonded debt Oct. 1,1905 $420,000

£

J & J
Julyl,1938-'41
Subject to call after July 1, 1914

3\s

M&S, $5,000
M&S, 35,000
(

in Saratoga County.

5s,
5s,
4s,

I,

Water Bonds—
6s,
5s,

Treasurer.

county.

Aug.

is

due.

$75,000 c<fcr ..190<i-'20
($5,000 due yearly on Aug. 1.)

City.

.

Total valuation 1904 ... .7,194.856
Total tax (per$l,000) 1904. ..2935
15,343
Population in 1900 was
Population in 1905 was... 16,567
School Dibt. No. l Bonds—
3Ljs, J&J, $12,000.. July 1. '06-'17
Bonded debt Oir,, 1905. $54,250
Assessed valuation, '04 5,978,182
School tax rate (per M.) '04 $6-42

Water Bonds—
3^s, J&J, $160,000. Sent. 15,1911

RICHMOND CO.— New York
ROCHESTER.
— FLYMAN
M. OTIS,
county
Monroe
— When
LOANS—
NAME AND PURPOSE.
seat of

$458,000

1925-34

payable at

Village Hall Bonds—

Rochester is the

Treas.

Street Bonds— (Con.) —
When Due.
4s, May, $5,407 24.. May 1, '06-07
Citv Hall Bonds—
Jan., 1906 4s,July, 4,740 82.. July 1, 'OS-07
4s. J&J, $1,030
1905-07
3.62728
4s,....,
Sewbr Bonds —
4s, J&J, $150,000. Apr.15,1907-21 4s, J&D, 20,000 r Dec.27,1906-25
4s,'05,A&O,16,696r Apr. 1, '06-09
($5,000 y'lv to 1920; bal. due 192
Total debt May, 1905.... $535,346
4s, J&J, $37,000.... Apr. 15, 1921

4a,

A&O,

See

Randolph,

Floating debt
212,000
Assessed valu'n, real.. $16,001, 061
Assessed val'ation, per'l
450,950
Total valuation, 1904.. 16.452,011
Population in 1905 was
45,132
Population in 1900 was ....38,298

$48.000r.Mar.l, '06-13

J.t J,
5s,
3i«9, J&u,

J.

When Due. Bond, debt Sept, 1905..

Countv Bonds—

$1,000 each.

)

CO.— W.

the countv seat.

is

$l,210r....Oct. 26.1006
2,000 r.Oct. 26,1907 08
S
INTEREST on the court-house, armory, toll roads, highway and
sinking fund bonds is payable at the office of the County Treasurer;
on all other bonds at National State Bank. Troy.
,

4s, 03,

1905 was 181.(572; in 1900 it was 162,608; in
1880 it was 89,366; in 1870 it was 62,386.

LOANS—

5,000 r Oct. 26, 1907-11

s

was

it

This city

Treas

seat is Troy.

Paving Bonds—
When Due.
LOANS—
4h,05. $1351). ..Oct.
Court-House Bonds (reg.)—

POPULATION.— In
1890

59

B.

Harper,

Supervisor.

in

LOANS—

When Due. Assess d valuat'n,

pers'l. $147,500
115,100
Franchises
4s, J&J, $90,0fl0c. July!, 1^06-14 Total valuation 1904. ...3,610,490
actual
value.
about
Assessment
110,0000
July 1,1913
5s, J&J,
Total debt Mar. 1,1903.. $210,000 Total tax(per $l,000),'04.$10-05i3
7,305
Sinking fund
10,000 Population in 1900 was
6,961
Assess'd valuation, real.. 3,347,890 Population in 1890 was. . .
NTEREST ou 5s is payable by the Metropolitan Trust Co., N.Y.City
City.
on 4s at w. W. Harris & Co., N.
EUGENE J. MACK. Comptroller.
GEO. J. METZ, City Cle k.
FRANK W. TRANGOTT, Citv Treasurer
Syracuse la situated in Onondaga County. Incorporated Dec. 13.
1847. The village of Elmwood was annexed on Jan. 1, 1900.

Refunding Bonds:

.

Y

I

SYRACUSE.

•

1

!

—

—

NEW YORK-CITIES AND

60
LOANS

Interest.

-

NAME AND PURPOSh.

Refunding RR. Bonds... rl899 4
Collegiate bonds
rl896 4

rl902
do
rl903
do
rl903
do
rl905
Harbor Brook Imp. Bds rl 802
do
rl903
do
Onondaga Or'k Imp. Bds..r 1902
do
1904
do
Parkbonds
rl901
do
rl90l
Librarybonds
rl901
rl901
Bridgebonds
Fire Department bonds. rl901
"
rl902
do
do
rl896
School bonds
d'>

.

rl900
rl901
rl902

do
do
do

do
do
do

Elm wood

When Due.

school bonds

r

rl889
rl894
rl892
rl892
rl893
rl894
rl895
rl890
rl891
rl897
rl898
rl901
rl904

City Hall bonds
Water loan

do
do

do
do
do
do
do
do
do
do

Funded debt bonds

Dec. 30, 1929
Dec. 1. 192G

& J f ^".'oo^yeariy
& D Deo! 1905 to '03

J&J
F&A
F &A

A&O
4
J & J
4
J &D
J & J
4
3^ M & N
3% A & O

3»2

J&D
M&N
F & A
F&A
F &A

3*2

4
3*a
3Wj
3>a
3>s
3>a
3<s

F & A
F & A

M&N

&D

J

4

Principal.
Oulsland'

,

>

& D
& D

J
J
J
J

Local improvem'tbonds.Tl899 4
do
do
rl899 4
do
do
rl900 4
do
do
rl901 4
do
do
rl901 4

do
do
do
do

—

Bate. Payable.

July, 1906-'09
Fen. 1906'10
Feb., 1906'10

Apr. 1, 1906-11
July 1,1906 12
Dec. 1, 1905-12
Jan. 1,1*06-14
Nov. 1, 1906-'22
Apr. 1, )906 '23
Deo. 1, 1905-'22
May l,1906-'24
Aug., 190V21
Aug., 1906'06
Aug., 1906-'21
Aug., 190d-'21
Aug.. 1906 '21
May 1,1906-22

{jsfoMyearly?

|

LOANS—

j

$915,000
100,000
66 000
}
124,000
24,000
120,000
27,500
84,000
133,00)
<

224,0(

}

19«,000
8,5no
12,600
45,000
23.750
20,000
10,000
30,400
11,200
33,600
21,250
10 00 <>
'

3*
& Jl/ifeo^earlyj 400 000
3^ F & A Aug., 1906-21
40,000
3^ J & J July 1,1905-22 105,400
June;
5s,
June, 1906
1,500
F & A Aug. 1, 1909
3
300,000
J & J July 1, 1920
4
500,000
3>s J & J July 1, 1920
500,000
3*2 J & J July 1, 1920
500,000
J

J
J
J
J
J
J
J

3*2
3is
3>2

3

3

3^
3^

'

&
&
&

J
J
J
<te
J
& J

PAR VALUE OF BONDS.-The

1920

500,000
500,000
300,000
500.000
500,000
& J
100,000
& J
100,000
*0,000
258.400
bonds are in $1,000, $5,000 and

A&O
J&D

3ifl

4

July
July
July
July
July

1,

1, 1920
1, 1920
1, 1920
1, 1920
Jan. 1, 1927
Jan. 1, 1928
Apr. 1, 1906-21
June 1, 1906-24

5

M&S
M&S

31-as,

312s,
3s,
3s,

ASSESSED VALUATION— In

1905 the assessed valuation of rea 1
of personal property, $4,715,705; of fran"
total, $87,105,121, not ihelu 'ing #2.655,161 of
bank stock subject to 1% tax. City tax 1904, $18-;J 9 (1905, #1727)
total tax 1904, 22-98. Property is assessed at "about 75 per cent
of its actual value."

was $78.560.8

it;

POPULATION.-In 1905, 117,493: in 1900 (U.
108,374; in 1890, 88.143; in 1880, 51,792.

Census) was

S.

TARRYTOWN.-Edwaed
M. Berrien, 0,'erk.
This
village is in Westchester County.

When Due.
LOANS
Sewek Bonds—
M&S £$45,000.1905 to 1916
4s,

4s,

D

|

Water Bonds—
4s,
4s,
4s,

J&D, $65,000

Junol. 1919

Total debt Jan.. 1905
$444, hOO
Assessed filiation, real.S,664,2x5
Ass'ii valuation, pers'aL.2, 175,000
Special franchise
89,700
Total valuation 1904. ..10,92^,9-5
Tax rate (per $1,000) 1904. .$675
Population in 1905 was
5,370

J&D, $39,000 June 1, 1906-18
J&D, 75,000
Juue 1, 1919
J&D, 180,000 .. ..lunel, 1926

3%s,'04,F&A, 40,000.. Aug.1,07-26 Population in 1900 was
4,770
Interest on sewer bonds is payablo at the Tarrytown Nat. Bank.

THOMPSON.—
J. M.
town
County
This

is

Watson, Sunerneo".
Bonds are exempt from taxation.

in Sullivan

When Due. Assessed valuat'n, pers'l. $16,050
LOANS—
Refunding Railroad Bonds— Total valuation 1904
6*5,203
M&S. $15000 r
4s,
1923 Total tax (per $1,000) 1901 52304
3i<2B. M&S,
77.000.r.. 1905-1923 Population in 1900 was
3,739
Total debt Apr. 1, 1905.. $227,000 Population iu 1890 was
3,462
Assessed valuation, real.. 669,153
INTEREST is paid at the National Union

TONAWANDA.-J.
Tonawanda
This city

J&J,

J&J, $15,0X).July

Water Bonds—

1,

F&A
F&A
J&D
J&D

$1492
7,904
7.421

TOWN DKBT-

Town
|

To

-,ti

I

Tonawanda Union

$3,805,809

debt Mar. 1,1903.. $22,233
debt in litiaation.. 202 000
valuation 004
3 073 361
tax (per $1,000) 1904. 1037
population 1905
1,511
1

.

4s'05A&0,$59,855

4s
4s,
4s,
3128,
3*28,
3iae,

A&O
A&O
A&O

1S97,
1898,

3ifls,

3^8,
3s,

3.

J&J

F&A
J&D

I

|

School tax (per M.) 7905
*9-05
&j actual value'

Assessment

5 JOSEPH F. HOG AN, Mayor.
1 r\K~t
I WILLIAM H. GEARIN, Comptroller.
Troy is situated in Rensselaer County. On Jan. 1. 1901 a bill known
as the "Greater Troy Bill" became operative. Under its provisions the
Village of Lansingburg and portions of the towns of North Greeiibu«h
and Brunswick became part of the City of Troy.
.

,

3iflfl,

3«as,
3H»h,
3H>b,

3\h,
313s,

1,

4s,

Dice.

1909

A&O 5.000 ...Oct. 1, 1910
J&n 4.000... June 1. 1011
J&D 2.000.. June 1/12-13
J&D 4,000.. ..June 1,1914
A&O 160,000.. Oct. 1, 1910-41

4«,'05 F&A28.000r..Aug. 1,1925

Fdnding Bonds—

F&A $20,0<)0.rAug. 12, '06-07
J&J 10.000. rJu'ly 14, 1907
Market Bonds 3*28 F&A $12.000.. Aug.15,'06 11
a^H,t&\^
3,000.. A hc. 15, 1915
3»«8,
3*28,

F&A

1917-1934

(.

—

Lansingburg Bonds Annexed Jan. 1, 1901.
When Due.
Water Bonds— (Com.)—
LOANS—

Sewer Bonds—
F&A, $35,000
Water Bonds—

4s, J&J,
1906-1912 4S.M&V,

4s.

M&S,

48,
4s.
4s,

1914
40,000. .Mar. 1, 1924
60,000. .March, 1934
25,000. ...Nov., 1938

$30,000 .Mar.

INTEREST is paid

$10,000 ...July, 1939
15,000 .. May, 1941
6»,000..Oct. 1, 1935

A&O,
F&A,

25,000.. ..Aug., 1920
M&tf,
20.000... Nov 1950
Bonds outst'd'g Jan.l,'0>$*28,333
Population 1900
12,595

1,

,

at office of City Treasurer.

TOTAL DEBT, SINKING FUND, ETC.-The village of Lansingburg

with a debt of $320,000 for water and $121,333 for streets and sewwas annexed Jan. 1, 1901, and the indebtedness assumed by the
city of Troy.
Jan. 1, '05. Jan. '4,'04. Jan. l.'Ol. Jan.. l.'OO.
Municipal debt
$1,492,709 $1,6*5,962 $l,416,3-<8 $1,340,605
1,529,125
1,561,625
Water debt. ..
531,000
236,000
ers,

.

$3,021,834

Total debt

$3,217,587

$1,947,»88

$1,576,605

WATER BONDS—The interest and principal of the water works
bonds are provided for by tho Water Department from water rents.
ASSESSED VALUATION— By provisions of Chapter 55», Laws of

1901, the taxable personal estate of shareholders in banks was relieved
from city taxation, bank shares being now subject only to a tax of 1
per cent for all purposes, which tax is collected by the C»unty Treasurer, and a share of the same ret'irned to th-* city in cash. Thi»
accounts for the roduotion in personal property in 1901. The assessment since 1885 has beeu made on a basis of about full value.
-Assessed Valuation.
Total Tax
Real.
Years.
Personal.
Total.
per $1,000
"$20 36
1904
$51,195,739
$2,948,429
$54,144,168
"18-66
1903
3.024,342
54 014.288
50,98 ,946
*1»41
1902
5'),838,089
3,105,270
53,9 13,35t
43.v06,'291
19-71
1900
5,341,258
49,147,549
19-86
1895
42,566,736
5,392,051
47,958,787
18-45
1890
41,851,392
5,198,587
47,049,979
18-45
40,805,285
4«,660,922
1885
5,855,637
44-20
12.614.475
15,52-,062
1880
2,881,587
15.570.7V2
50-99
1875
11,734,755
3,835.997
18-90
4.828,105
1850
3,143,981
7,972,»8«
4-70
1825
1,362,181
1,780,602
3,143,143
+
The city has several different tax rates, and the figures given since
1901 are the rates for all purposes -Scate, oounty and city, in tke old
city of Troy. In the old city of Troy the tax for 1904 was
$1610; in Sycaway School District, $ 15-30; in St. Mary's School
District, $13 50; in annexed territory of North Greenbusti, $13 50,
and iu wards 15, 16 and 17 (formerly Lansingburg), $11-70. The
State and County tax in all districts for 1904 was $4-26.
POPULATION— In 1905, 76.861; in 1900 it was 60,65 1, excluding
the sectioiiH annexed in 1901, which brought the aggregate up to about

75,000; in 1890

it

was 60,956;

ULSTER
CO.Kingston.
County
seat

in

1880

it

was 50,747.

?

ARCHIE MCLAUGHLIN, Treasurer.

S

J.

F. CASE, Deruty County Treasurer.

is

When Due.
LOANSCourt House Bonds, 1895, (ref.)
1906 1921
4s, M&S, $ 8,000 c

Jail

8,000.. Feb. 19O6-'09

Bonds— (Con.)—

M&S, $30,000 c.Mar. 1, 1926
M&S, 13,000 o March 1, 1928
Turnpike and Road Bonds—
($3,000 duo yearly on Mar. 1.)
Mar. 1, 1906
4s, M&S, $51,000 a. Mar. 1, 1906 4s, M&S, $2,000 o
4s,
4s,

1

1,

c.

1922

M&S. $32,000 c.Mar. 1, 1923
County Bonds—
4s, M&S, $54,000 c.Mar.. 1906-'23
4s,
4s,

M&S, 45,000 c.Mar. 1,1906-20
M&S, 70,000 o Mar. 1, 1908 to

I

Mar. 1 19064s. M&N,
2,000
4s M.bN, 11,000 c.Mar. 1.'06-'16
4s, M&S
18,000 c. Mar. 1,1906 14
4s. M*8, 48,000 o.Mar. 1,1906-29
3,000 o.Mar. 1,1906-08
4s, M&S,
4s.'05,M&S, 26,000 C Mar.1,'06 18

Poor House Bonds —

1919

4a,»05.M&-4 $30,000 o Mar.1,'06-20

Refunding Bonds—
Mar., 1924
M&S, $14,000
M&S, 40.000 c.Mar., 190d-'25
M&S, 42,000 c.Mar. 1,1906 26
M&S, 4,000 c.Mar. 1, '06 '07
M*H, 130,000 o. Mar. 1, '06-'3l

Bonded debt May 1. 190ft $813,000
Assessed valuat'n, real 26,937,696
Assessed val'n, pers'l.
845,260
valuation franchises..
342,170
Total valuation 1904.. 27,125,126
Population in 1900 was ....88,422
8i»,661
Population in 1905 waa
The court house bonds are exempt from taxation.

($5,000 due vearly) Mar.

1,

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

4s.'O5.M&s,48,000o..Mar.l,'06-29

Bonds—
M&S, $50,000 c.Mar.

Jail
4s,

INTEREST

is

1,

payable at

UTICA.— John A
This city

\

3^8,

M&S, $355,000

(#20,000 y'ly except. #15,000 1920)
4s,'05,J*D.$31«.521rJoel'l!5.fe'25
( $20,000 r
..Sept 1, 1935
25.000 r... Sept. 1, 1936
4s, '05,
30,000 r... Sept. 1.1937
M&S,
55.00 »r .Sept. 1, 1938
51,500 r... Sept. 1, 1939

($3,000 vearly)

mnnvY —

LOANS—
M&N $3,000.... May

.

4s,

I

42,000.. .1938 to 1947
12,000.. .1919 to 1922

Pakk Bonds—

12. Apr l,'06-25

40,000.. Oct. 16, 1914
15.000. Deo. 1, 1910
20,000 Deo. 1, 1911
30,000. Deo. 1. 1912
70,000.. Dec. 15,05 11
5.000 Dec. 15,1912
60,000. .Aug. 1, '09-14
10,000.. Jan. 10, 1913
8,000 Jan. 10, 1914
25,000.. Aug. 1, 1915
40,000 Dec. 1, '05-08

3^8, J&J

OiftTir.

When

M&N
M&N

-

15,000 Oct. 16, 1912
40.000. .Oct, 16, 1913

J&D
J&D
J&D
3^8, J&D
3 V, J&D
3ifls, F&A

F&A

$40,000 Aug.l, '07-19
($«,000 every three years.)
3><28, M&N
*50,00O.. May 1, '10-19
J&D 30,000r Junel,'06-09
4s,
($10,000 vearly, exoept in 1907.)
$10,00< r Nov.l. '11-12
3»us,
3*28, M&N
15,000r Nov. 1/14-15
l.OOOr Nov. 1, 1917
3k>8,
3*29, F&A
5,000 Feb. 1, 1907
3-s, J&f 125,000. Aug. 1S,'11-15
SlfiS, J&J
10,000 .Aug.15. 1916
578,125. .July l,*16-36
3^J8, J&J
(See V. 75, p 408, for maturities.)
4128,

,

($3,000 due yearly) to Mar.

New York City
Free School District No.

When Due. Total debt Mav 1, 1905
#84 000
1892, $30,000...1913tol922l AsscaM valuatVm,1904 4 001542

4s,
4s,
4s,

'

Water Bonds —

Pax Dkficienct Bonds—
4s,'05,M&N,$44,S18.Mavl, 06-25

Ppbuc Improvement Bonds

*M

5s05
58

actual value.

Population in 1905 was
Population 111 1900 was

Jan. 2 30,oOO..Jan. 2,'08-*32 Town
City bonds are tax exempt.
Town
Bonded debt May, 1905.. $390,045 Town
Floatinsr debt
33,800
INTEREST is payable at tho Seaboard Bank,

W. Betts,
—E.LOANS—

is 23

City tax (per M) 1905

1930

J&J, $150,000... July 1, 1912
J&J.
65.000... July 1, 1914

4s,
5s,
5s,

H. Viokers, City Clerk.
Assessment

$H3,' OO....Julv 1, 1906-9

Refunding Bonds—
5s. '05,

Monti cello.

of

Town, Erie County.
When Due. Tax valuation 1905

is in

CITY LOANSSewer Bonds—
4s,

Bank

Assessment Bonds —
..May 1,1906
M&N {30,256.
M
31.022... May 1,1907

$4O,O00..r8ept. 1906-09
15,000. rSept. 20, 1910
11,500. rNov. 20, 1911
30,000. .Oct.16, '06-08
16,000. Aug. 1,1906-07
10,000... Aug. 1, 1908
6,000... June 1, 1910
June 1, 1911
6.000.

M&N
A&O

Bonds- (Oon.) —

A&O
M&S
F&A

Public Building Bonds —

4s,
48,
4s,
4s.

Imi-'ts

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

40,000. ..Nov. 1, 1909-'12
Nov. 1,1913
12,000
Feb. 1906-14
3^3, F&A 97,000
($12,000 due in 1907; $15,000 in
1909; other years $10,000.)
3ifls,

4s, M&-S,
4s, M&S,
4s, M&N,

chises, $3,828,600;

Poblic

38,
$ 20,000. Juue 15,'0 6-07
3s,
8,7*0.. Dec. 1, 1909
3s,
10,000.. Sept. 1, 1908
3s,
20,000.. Sept. 1, 1909
312S.
48,000. . Dec. 1, '15-16
23,500. .Deo. 15. 1916
3»a8,
3128,
60,000 Dec.15,'15-20
4s,
J&J 14.115 50. Jan.,*0tJ-'22
25.S40-.Oi3t. 1. '06-22
3«s8,
4s, J&.T 121,389 35 July 1, '06 22
48,
48,960r 8ept.l,'0S 2S
4s,
5,272. .Aug. l,'05-23
4s,'05,J&J, 34,0 >5 12r J'iy 1,06-25

M&N,£

F R E E—The local improvement bonds are exempt from taxation
INTEREST on the water bonds is payable at the office of the Metropolitan Trust Company, New York; on all other bonds at the office of
the United States Mortgage & Trust Company, New York.
TOTAL DEBT, ETC.—The total bonded debt on Oct. 1, 1905, was
$7,427,6^0, including water debt, $4,080,000, local improvement
bonds, $1,000,500, and $30,000 temporary loans advanced to oon
tractors.

WhenDue.

31*8, J $20,000. May 23, 1906**O8
May 2a, 1907
M&N.* 5.000..
3!«8,M&N, 36,096 Nov. 15, '05*2 L
Aug. 1,1918
4«
F&A \^ 6.000.....
48, *<ba,
Aug. 1,1919
3 (8 00
M&N 1,800.. Nov. 15, '06-14
5s,

4s,

TAX

"Tot. I.K&XI.

School b.>nds—

$10,000 pieces.

estate

TOWNS.

is in

LOANS—

Doc, $2,000

bunty Treasurer.

Cantwell. C»hr

Clerk.

Incorporated 1832.
WhenDue. ^ Fire Department Bonds—
3 km, Apr. ih,*8,hoo ApriH,-o«-07
1906-1907 Refunding U. 0. & B. RR. Bonds $189,223 8t

Oneida County.

Bridge Bonds—
4s,

1925

office of

I

|

i

No?.,

NEW YORK-CITIES AND

.1005.|

When Due.
Public Improvement— (0<>n.)
LOANS—
ACADKMV AND SCHOOL BONDS— 34s
$13,217 13. Mar.l, '06-14

Apr. 1, '06 '24
3i«8
d^s, Adcu, 5 38,000. Apr
J 15i000
lf '25 '34
34s, '04,J&J,38,000. July 1, '06-24

$84, 150.... 1906 to 1916
28,000.. Jan., 1906'19
4s, aun.,
14,000.. Jan., 1906-'19
4s, ami.,
14,000.. .Jan., 190«-'19
4s, ann.,
i:2,500....Tan., 1906-'20
48, anm.,
34s, Jan., 28,000..Jan., '0B to '19
48, July,

A&O

Intercepting

Sewer—

3'«a,'05Nov. t 180,000.Nov.l'06-35

Paving Bonds—

34s, Jan., 21,000.. Jan., 06 to '19
833 33 June. 1.1906
34s, Jne.,
34s, Jne., 31,500 Jne. 1,1906-23

34 s, $14,459 44

..part yearly

4s,
54,473 19
4s, '04,
34.500

May, 1906-10

part yearlv

,

($6,900 due yearly.)
05,May,$ll,843 73.May,'06-ll
'00 to '28
($6,973 95 due yearly.)
,
T
S $11 5,000. Jan.,
4s,Jan.,
30,000.Jan., '29 to '31 Bond. debtNov.15, '05. $1,439,000
J
1,'22-'31
rerupor'y JoaD bds. (in'<
220 900
4s, J&J, 150.000.. .. Jan.
3i*s
6,000 ... Jne 26/06 11 Ref. U.C.&B.KK.b'ds (lno.)189,324
railroat
bonds $i99,500 railroad stock
Utica holds against its
which returns dividends of 5 per cent.
at
the
City Treasurer's office,
in
Utica
payable
INTEREST ts
ASSESSED VALUATION.—Assessment about full value since 1897.
Total Assessed Rate of Tax
Personal
Real
Properly.
Valuation. per $1,000
Estate.
Years.
$4,^63,3*0
$39,1!6,160
$34,232,780
1905
5,105,690
38,706,580
$19-56
33,600,890
1904
5,285,329
33,440,684
16-87
.... 33,155,355
1903.
5,493,752
17-10
38,416,028
1902
.... 32,922,276
8,926,521
15-46
41,108,660
.... 3-2,182.139
1900.
3ip8,'05,Jan.,25.000r.Jan.l,'06-25

Public Improvement—

,

48,

i

,

;

2,630,263
19,178,309
16,518,046
2,330,606
18,791,658
16,461,052
19,475,560
2,476,800
16,998.760
including special franchise valuatioa 1905, $1,192,800.
POPULATION.— In 1905 was 62,935; in 1900 it was 56,383;
was 44,007; in!880 it was 33,914; in 1870 it was 28,804.

1895.

....
....

1890
1880

It

WATERTOWN.-Feasi
County.
This citv

in JelTerson

is

in

1890

3.^ 00. Apr. i, 2 t-30 3s. M&S, 10,000 Mar 1, 1909-10
A&O,
4s,'05, J&D, 7,000 r..June 1 10-16 34s, M>S, 15.000 .Mar I, 1911-13
3 4s,M&S, 10,000... Mar 1, 1911
Public Smp't Bonds—
Mar. 1, 1915
4s, M&N, $1 5 000 r May 1 '0709 343.M&S. 5,000
S
)

,

45,001)

r.May

1.

34s,M&S, 15,000....

'2H-36

4,000. Mar. 24,1915

Sept. 1, 1916
Sept. 1,1917

34a, M&-*. 5,0i'0
3 48.M&S, 10 000.. Mar. 1, 1918-19
34s,M&8, 16,000.. Mar. 1, 19-0-21
34s,MAS, 5,000
Sept. 1,1921
4s,
34s, MAS, 8,000
Market Bonds—
Mar. 1.1922
3388
$20,000 May 25, '10-14 314S.M&S, 35,000
Sept. 1,1922
348.M&S, 8,000 .....Mar. 1, 1923
Indebtedness Bonds
Mar.9, 1906-09 34s.M&8. 8,000 ... Mar. 1, 1924
$16,0'
3368,
20,000. J' nel, 1922-25 4s,'05 J&O, 81,000 r.. June 1,1925
4e
4s,

4s
4s

3.000 Mar. 24, 1916
20,0(0 Oct.l, 1917-21
13. 000.. Oct.5, 1907-19

,
,

,
,

Sewer Bonds—
34s, M&N, $6 000..
Mav, 1910
3 4s. M&N, 85,000. ..May, 1911-27

& Deficiency Bonds *96,000 Feb. 1,1906-24
348,
Voting Machine Bonds—
F'd'g

$6,300... Feb. 1,1905-15

4s,

Total debt June, 1906. ...$926,145
Water debt (included) ... 31 6,000
,$40,000..1ulyl,'26to '30 Tax valuation, real
10,311,825
Tax valuation, pers'l... 1,381,650
($8,000 due yearly.)

City Hall, 1896—

44s

Paving Bonds—
5s, $1,322 50

Frauchise

183.750
Aug. 1.1906 Total valuation 1904...11,«77,225
r
5s,'05, Oct,, 33,811. Oct. 15,'0. >-08 Total tax (per M) 1904... $21-84 +
Pav'o Sewer&High'yBonds— Assessinent about % actual value.
34, M&N, $75,0< O.May 1, 1930-44 Population in 19f>0 was
21,696
Population in 1905 was
Funding Bonds—
25,447
34s, ....,$95,COO.Feb.l,1906-*24
($5,000 due yearly.)

INTEREST

on water bonds

payable at

is

New

all

others

Burrus, Ohamb'n.

County.

Incorporated 1896.
Public Imp't Bonds
4s, Oct., < $5,000 r. Oct. 1, 1906-10
3 904,?
1.550 r.. Oct. 1, 1911
(Part due yearly on Oct. 1.)
Bonded debt Apr. 1, '05 $291,300
School Bonds—
City has no floating debt.
June, 1906 Total valuation 1905
4a, J&D, $18,000 c
4.872.391
Assessment abt 80% actual value.
($5,000 due y'ly) to June, 1908.
34s, F&A. $29,000 r.Aug. 1, '06-34 City tax (per $1,000) 1904 Sewer Bonds—
City proper
$2200
Annexed portion
4s, M&8, $33,000 o... 1905 to 1909
1750
(Part due yearly on Sept. 1.)
Farmlands
11-00
Voting Machine Bonds
Population in 1905 was
14,600
4s, Sept,, $3,125 r.Sept. 1. 1906-'10 Population in 1900 was. ...14,321
NTEREST is payable at City Chamberlain's office.
in

When Due.
LOANS—
Pavement Bonds—
A&O,
$194,000
c.1905
to 1914
48,

.

I

"WEST CHESTER.—See New York

WESTCHESTER
CO
White
County
seat

¥4,000.... Aug. 1,1914

$
^

is

LOANS—

City.

-Joseph

B. See, Treas.

Plains.

Refunding Bonds—

When Due.

General Purposes—

310s, J&D, $7,000 r.June, '06-12
3-10s, J&D,
4.000 r.June 1,1913
310s, J&D, lO.OOUr June 1, 1914
34s, JfeD, 12,000 r Jun.l'Ob'-ll
34s, J&D, 28,000r.Jun.l, '06-19

34B,J&D.'t 50,000 r.Junel, '27-'28

New Indicks—

J&D.$20,OOOr.Jne.l,1911-12
J&D, 5,000 r. June 1, 1913
8,J&D, 13,000 r. June 1, 1914
County Jail Bonds 4e, J&J, $51,000 r
1906-1911
($10,000 yearly on July 1.)
34s, J&O,$12,500 r.. June 1,1911

4s,
4s,
3ii

Funding Bonds—
J&D, $40,000 r. Jne l,'29-30
30,000 r.June 1,1931
34a, J&D,
3l 10 s,

M&S,
M&S,

23.533 r.Mar. 1, 192*
40.000 r. Mar. 1,'31&33
is,'05.M&S, 39,704r..Mar.l, 1»32
48.*O5F&A$lft O,00Or. Aug.1,'30 35 Bond, debt Oct., 1905.. $704,224
Temporary Loan Bonds—
Floatingdebt
100,000
4s,
J&D, $20,000 r.June 1, 1915 Tax valuation, real
205,081,3 19
34s, J&D,
8,000 r.Junel, 191
Tax valuation, pers. .. 12,479,952
34s, J&D, 13,500r.June 1,1916 Total valuation 1905.. 217, 5bl. 271
34s, J&D, 25,000 r.June 1 1925 Assessment at about actual value.
34s, J&D, 26,742 r.June 1, 1926 Co tax (per $1.000i 1905 ..$2 08
34s, J&D, 1 5,000 r June 1, 1912 Population in 1900 was.. .184,257
4s.
M&S, 27,228 r.Mar. 1, 1907 Population in 1905 was.. .228,941
4s,'05,M&3, 17,016r. Mar. 1,1909
INTEREST is payable by County Treasurer at White Plains.
4s,
4s,

Courthouse Ronds —

.

—

,

.

,

,

WILLI AMSBRIDGE.—See New York
5
I

JOHN
JOHN

Yonbers

ATMC —

Hi

\A7T^TTT'T7'
VV
X .T-i T-3T
r-l_.tt.HNO.

LOANS—

58,

is

ANDRUS, Mayor.
H. KEELER Jr., City Clerk.
Incorporated June 1, 1872. Interest

Pavilion Bonds—

A&O, $15.600. .Apr., 1906-09
Crematory BondsIs, A&O, $3,600
Apr. 1906-'09

3*as,

A&O,l,000
Fire Department—

3ios,

April,

1906
1.
a *r> >*4,000. Apr.
AAU,
io,000.Apr 1,1912-13
34S, AAO, 30,000. Apr., 1906-11
3128, A&O, 20,000.Apr. 1. 'i 4-17
A&O, lo.OOO.Apr.l, 1918-V0
f

3%,'05.JA: 1, 15,000.. Apr.1,'21

F&A, $50,500

4« '05
P &A.,
feA
4P,
oo,±<
4s, '05,

F&A

P
1

Feb. 1, 1906
02 9 ° FelK X 1S06
26,500. Feb 1, ) f 08
18,500 Feb. 1,1908
'

'

& Dock— (Con.)—

AAO, $1,000... Apr. 1, 1909
A&O, 10,000 Nov. 1,1913

0,000. Nov.
MAW J£ 1 4>
Oo.M&N,
700. Nov.
Library Bonds—

4.*
4a, '05

4s,
4s,

A&O, $12,000
Apr.
'Ot.A&O, 3,000... Apr.

1,
1,

1914
1915

1,

1,

1906
1907

3

.

19°8

1(

lg09

Chanfrau Place Bonds—
M&N, $1,000
May, 1906
Bridge bonds—
4s, A&O, $4,400
Apr. 1, 1907
Apr. 1, 1906
23 4s, A&O, 5,000

ASSESSMENT BONDS—

4s,

Public Bldg.
3*28,
4s,

1910

4s,

City.

E.

is in Westchester Co.
paid at City Treasury.
When Due.
LOANS—

'

Paving Bonds—

4s, M&S, $10.000
Mar, 1, 1906
4a, A&O, 2 17,450.. Apr. 1. 1906-26
4s,
10,000
Apr. 1,1927
3»ij8,A<40, 10,000.... April 1, 1928

A&O.

4s,

--- A P r
4s'04M&N*
04,M&rM 5T 000
^ 50 Apr
-

48,

-

^

A&O

4s '05
od.a«u,
is,

5
j

1.175. ..Apr. 1,1907
5.000-Apr.l, 1908-09

Redemption Bonds—
F&A. $1 50,000.. Feb. 1, 1906
4s,
4a,
F&A, 140,000 Feb. 1. 1907
Road Improvement Bonds F&A,
$7,000 ... Feb 1. 1908
4s,
4s, F&A, 20,000. ..Feb. 1, 1906-07

3ks,A&0, 10,000... .April 1,1929

Feb. 1, 1908
( 3,000
S,'04,F&A^ 10,000.. Feb. 1,1909
8 000 Feb. 1, 1910
4s. A&O,
(
Park Bonds—
4s,'05,F&A, 107,000. Feb. 1, 1908
312s, M&N, $150,000.. May, '10-24 4s. '05, F&A, 2,000... Feb. 1,1910
2o,00O.Mayl. '06-15
Skis, M&N,
3»28, MAN,
10,000 .May 1,1 6- 17 4s, J&D, *150,000..june 15, 1906
.May 1,1916 4s,'04,.»&I, lO.i.OOO.. July 1. 1906
4a,
M&N, I^ 2,000.
1,000 .Mav 1, 1917 48,'0i.J&I, 100,000 July 1, 1907
1917&'21 48. '05, J&J. 200 000. July 1, 1907
4s,'04,M&N, 2,000 May
Police Pension Bonds —
6,000. .May 1918 20
Feb. 1 1908
Sewer Bonds—
4«, F&A. $10,^00
Water Works— Pay. by Wat. Bd.
, H W^ A
*&A, ^S$20.000.Apr.l,lP06-07
48,
5,000 ...Apr.1,1908 7s, A&O, $475,000. Apr. 1, '06-14
Public Batu Bonds—
5s,
A&O, 30,000..Apr. 1, 1909-12
4s. F&A., $10,000. ...1910 & 1915
A&O, 775,000.. Apr. 1, 12-22
4s,
Bonds—
Deficiency
313s, A&O, 20,000. .Apr. 1, 1917
Apr.1,'05-08 3^38, A&O, 25,000... Apr. 1, 1920
4s
A&O $^ $30,000
v-i,±asv,
4:8, '04
4>600 Apr> i 1909 3ks, A&o, 110.000. .April 1, 1921
4s. '05. A&O,
3,900 Apr. 1. 1910 34s, A&O, 25,000. .. Apr. 1, 1922
Public Building and Dock—
4s.
A&O, 100,000... Apr., '22 '23
4s, A&O, $1,200..
Apr. 1, 1912 4s,'04, A&O, 150,000. Apr. 1, 1924
48.A&0, 80.000.. Apr., 1906 to '13 4s '05, A&O, 40.000.. Apr. 1.1925
3*28, A&O, 30,000 ..Apr., 1906-'08 4a, '05, A&O, 20,000. .Apr. 1. 1923

Apr. 1, 1930
6,380.... April 1,1935

3iss,A&0, 7,0n0

4

•

!

.

t

.

.

—

Yonkers School District. J. H. Claxton, Sec'y.
When Due. 34s,A&O,$102,450r.Apr.l,'26-'37
LOANS—
'22-24

A&O,
A&O,
A&O,
A&O,
A&O,
A&O,
A&O.
A&0,
A&O,
A&O,
A&O,
A&O,
34e,A&0,
34s,
34s,
34s,
34s,
34s,
34s,
34s,
34s,
34s,
34s,
34s,
34a,

$30,000r.Apr. 1,
25,000r.Apr. 1, '08-10
56,000r.l914 to 1920

10.000r..l910& 1914
50.000r.Ap.l,'27to'31
30,000r..l911 to 1913
lOOOOr. Apr. 1, 1940
10,000r.. Apr.

1,
1,
1,
1,
1,

1941
1921
1925
1920
1906

7,2S0r. Apr.
10,000 r.. Apr.
3,000r..Apr.
3.250r Apr.
5O,0O0r.Apr.l,'27-'31

5
J

HOWARD E.

FOSTER, Treas

PETER PAULDING,

Clerk.

in Westchester County.

J&D, $30,000

When Due.
....Deo.

Sewer Bonds—
34s, A&O, $10,000 ...Oot.

1,1933
1,

1930

4s,
M&S, 24,000 .Sep. l.'24-"29
4s, '04, F&A, 9.000. .Aus. 1, 1929
48, '05, A&O, 9,000.. Oot. 1, 1935

Fire Departmknt Bonds—
4a, M&S, $13,O0O.Sept. 1, 1908-20
4s, J&D, 15,000 Deo. 1, 1908-22
4p,
3,000. Mar. 1, 1919
4s, '04,
1,000. .Nov. 1, 1924
'04,
F&A, 1.000. .Aug. 1, 1929
4s,

M&S,
M&N,

.
4s,
4a, '05,

A&O,
A&O,

5,000. ..Apr ',1925
1,000... Oct. 1, 1935

(V. 75,

p 209, for

inaturity.)

$5,000r..Apr.
lO.OOOr. Apr.

1,
1,

1940
1941

34s,

A&O,

4a,

\A,r\ SllO.OOOr.Ap.l. '42-52
A<su

48,

7,rt00r Ap. 1,1953
Apr. 1,1953
2,500
50,000. Apr. 1, 1954-58
Apr. 1,1959
8,900

')

A&O,

-

48, '04, ....

J

1.100. ..Apr. 1,1959

(

6,9(i0 ..Apr. 1,

1960

School 34a outstanding. $549,650
School 4s outstanoing... 328,000
<
Apr. 1,'20-21
4s.'05,A*O, 20,000
7.70o.Apr. 1, 1922
Note. The achool bonds are issued by the Board of Education and
paid by the board from money raised by tax for the school budget.
They are included in total debt below.
BONDED DEBT, Etc.—The bonded debt of the city on May 29, 1905,
was $4,589,613 32; sinking fund assets, S749.0OO 00; net deot, $3.840,613 32. Tax relief bonds raised by taxation (included above),
$450,000. The sinking fund consists entirely of the city's own bonds.
ASSESSED VALUATION.—The city's assessed valuation has been:

Average

•>

This village

2,000..

1915-28

,

WATERVLIET.-H.
M.
Albany
is

F&A
&A,
t

4aS '**
F&A
*
A '?5 $9,0O0..Aug.

i

York; on

at Watertown.
This city

Current Debt Bonds—

1, 1912-14
Aug. 1, 1915
Bonded debt Aug.1,'05. $1,124,667
126 ooO.Au*. 1.
4s, J&D, $25,000... June, 1926-'29 Certs, of indebtedness ... 176,500
to
Total
«7,000
1929.)
debt Aug, 1, 1905.. 1,301, 167
($4,000 in 1926;
64,000
34s, A&O, $60,000.... Oct, 1, 1929 Sinking fund
34s. A&O. 86,000. .Oct, 31, 1931 v ater debt (in< I'd in ab'e). 392,000
A&O, 40,000... Apr. 1, 1924 Assessed valuation 1904.7,645.020
4s,
7,899
48, '04, F&A, 1,000.. Aug. 1,1929 Population in 1900 was
4e, '04. M&-i. 23,000. Sept. 1, 1934 Population in 1905
11,579
Town of While Plains Bonds—
4s, '04. M&^I, 23.000 Nov. 1, 1934
48, '05, A&O, 1000. ..Oot. 1, 1935
F. M ThompHon, Supervisor.
Road Bonds—
4s. '05, A&O, 28.000 Oct. 1, 1895
34s, semi-an., $78,000
1929
Tax and Assessment Bonds—
J&J, 60,000 ..July 1, 1932
Oot. 1, 1921 4s.
4s, J&J, $10,000
1912 34s, J&J
5.000 ...Jan. 1.19 30
10,000
4s,
Bonded debt May 1,1905 $143,000
4«, M&S, 10.000. ...Mar. 1, 1914
4s, '04. M&N, 17,000. Nov. 1, 1924 Ass'ed valuation 1904 .$8,9tt7,763
Population in 1900 was
Refunding Bonds
7,869
$8,000. Nov. 1, 1906'13 Population in 1905
12,120
4s,
1914-16
Plain*
White
Sch
DUt.
Ho
1.
July
4s J&J,
9,000
1,
4s, '05, A&O, 1 000 ...Oot. 1, 1935 4s, J&J, $25,000. .Jan. 1, 1910-34
1906-1914
Fire Dept. Bonds—
3-74s, J&D, 13,950
6,750. ...1913-1919
4". '05, A&'J, $>,000..Apr, 1,1925 5s,
Paving Bonds—
448, J&J, 29,000..... 1906-1 934
$15 000... June, 1926-'28 4s, J&J, 5,000. .Jan.l, 1936-40
4s,
34s, M&N, 100,000. ..May 1, 1931 Bond, debt Apr. 1, 1905. $81,250
34s, A&O, 75,000... Oct. 1, 1930 Assessed valuat'n 1905 7,608,342
$6-83
4s, '05, A&O, 3,000 ... Oot. 1,1935 Sohooltax (per M) 1905

Is
48,

is

34s.

1904,

When Due.

LOANS—

Walts, Treasurer

4s, M&S, $60,000
Mar 1. 1906
School Bonds—
34s, M&N, $100,000.May 1, 22-41 34s, M&S, 15,000. .Mar. 1 1 906-08

61

Water Bonds-

YONKERS

Water Bonds—

When Due.

LOANS—

20-81
27-23
10-46

TOWNS.

Personal

Years—
1904
1903
1902

Total Assessed Rate of Tax

Real Estate.

Properly.

Valuation,

per $1,000.

$4!, «27 910

$3,046,000
3,381,500
3,317,700
2,933,600
3,0^6,830
334,235
398,240
430,295

$44.873''l0
43,464,360
4^,067,618
39,0^1.570
38,211,230
29,880,180
22,972,466
10,454,972

$24-3049
25*4097
22-8303
24-1092
23-709
25-3486
17-3902

40,082,860
3t. 749,918
36.09-/t70
1901
1900
35,124,400
1896
29,545,945
1890
22,574,226
1880
10,024,677
POPULATION.— In 1905 was 61,716; in 1900

1890

it

was 32,033;

in

EXPLANATORY OF
for

it was 47,931; in
was 18,892.
BONDS.—The redemption bonds were issued

1880

it

purchase of lands bid in by the city at sales of property for non-

payment of taxes and assessments, and the bonds are to be paid out of
money received for redemption of lands so purchased; tue school
bonds, as stated a!>ove, were issued by tbe Board of Education and
the watpr bond by the Water Board. The assessment and tax relief
bonds were issued in anticipation of taxes and assessments and paid
from receipts.
t

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NEW

62

YORK-CITIES AND TOWNS

ADDITIONAL STATEMENTS.
we give

Bonded

table below

tlie

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Champion & Denmark

8.

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1906-25
500,000
No. 2,.Iefferson#LewisCo8. 27,000 ..
1917-20
260,000 1,311
Champlain (V.), Clinton Co.. 22,500 4
Charlotte (V.), Monroe Co.. 52,700 3 1««fc4 1a 1905-32
850,000 1,400
Chemung County
1905-11 25,467,520*51,b05
35,000 4
Cherry Creek (Town), Chau1908'29
tauqua Co
43,000 4
458,527 1,745
OherryVailey(T.),Otsego Co. 22,000 34&312 1906-15 725,188 1,802
*74(i
CherrvValley (V.).Otsego Co. 21,000 312&4 1906 '22
260,747
1905-'27
Chester (V.) Orange Co
66,*-00
4
504,000 1,250
Cincinuatus(T.),CortlandCo 33,000 4
1905-37
344,870
912
Clayton (T.), Jefferson Co... 14,000 380 1905-18 2,003,V51 4,313
ClaUon (V.),.IeffcrBonCo... 53,911 314 T9D5-2S
52*, !15 1,913
Clifton Sngs (V.). Ontario Co. 68,000
1906-26
765,502 1.617
4
Clinton (V.), Oneida Co
605,140*1.315
51,000 3 ie&4 1906-25
1905'15 6 8< 9.751*46,949
ClintonCo
... 57,000
3*2
Cobleskill (V.),Scho'rieCo.. 45,500 3 »s& 4 1905-14 i. 211,333 '2,158
Cold SortngfV.), Putnam Co. 95,000 3»4
1,161,845 2 067
Collins (T.), Erie Co
3906-18 1,415,230*2,602
13,000 4
*447
Coustablevilie(V.)LewisCo. 17,000 4
1910-34
Cooper-t'wn(V.), Otsego Co. 11,500 4
1905-27 1,127,309 2,363
Copenhagen (V), Lewis Co. 18,980 o 1^ 1906-31
"642
Corinth (V.) Saratoga Co ... 69,000 3k &413 '06 '32
524,795 2,039
Covert (Town), Seneca Co... 40,000 3»a 1905-21 1,313,285 1,897
Coxsackie (V.). Greene Co.. b8,000 3134 1925
1,395,800 2,735
K82.969 1,778
Crawford (T.) Orange Co... 14,000 3^ 1905-1.1
671,49;" 1,519
Cuba (V.) Allegany Co
28,000 3*2 1905-09
Cuyler (T.), Cortland Co.... 47,500 3^ 1906-23
406,000
991
Depew (V.) Erie Co.
1905-21 2,167.929*3,535
... £9,000
4
DeRnyter (T.), Madison Co. 43,000 4
570,475*1,30!
Doigeville(V.iHerkim'rCo.. 107,000 34. to4 1906-36 1,010,000- 1,915
Dryden (V), Tompkins ( o. 24,000 3 to 4
315,101
699
Earl ville (V.) Madison Co... 24,000 4»u
705
1914
284,775
Eastckester(T.),Westches.Col< 4,500 4-5 1905-30 3,300,240 *3,&80
East Syracu.se Sch. D No. 5. 35.0003k to 5
I,100,0f0 ...
Eaton (T.), Madison Co
1,184,345*2,474
57,000 4
Ellenville (V.), Ulster Co... 45,5003-79-3-82 1906 35 283,122 '2.872
Fallsbnrgh(T.), Sullivan Co.107,000
1905-24
4
520,890 2,974
Fishkill Un. Soh. Dis. No. 8,
Dutchess Co
1905-10 1,203,924
11,000 3%j
Fonda (V.) Montgomery Co. 64,000 4
1905--I3
499,392 1,131
Forestbnrgb(V),SulllvanCo. 15,000 5
625
1910
177,823
Forestnort (V.). Oneida Co. 22 000 4
*689
1910-31
114 000
Fort Plain (V.) Montg. Co .. 95,500
to 1926
1,297,687*2,596
Frankfort<V.),HerkimerCo. 16,000 3ig&3», 3905-21 ..
2,664
Freeport (V.), Nassau Co.... 88,000 345-4-5 '05'19
853,162 *4,012
Geneseo (V.), Livingston Co. 55,000 3^ 1907-17 2,300,853 *2 245
Geneva Classical School District, Ontario Co
1906'10 6,248,137
19,500 4
German Flatts (Town),
Herkimer Co
28,000 3*3 1905-32 4,875,675 8,663
Goshen ( v.), Orange Co. ... 45,500
..
1,474,750 3.091
Gouverneur (V.)St. Law. Co. 56,000 3*s
1910
1,766,340 3,689
Gowanda(V),CattaraugusCo 27,000 4
1905-19
9 0,000 2,143
GowandaSch. Dist. No. 1... 14,000 4
1906-19
989,555
Granby (Town) Oswego Co. 34,000 4
190t'-'22
*71.834 5,120
3i2&4
Greene ( V.), Chenango Co.. 52,000
1906-23
586.977 1,236
Greene Co
75,000 3*2 1905-1° 12,720 231'31, 246
3i
-4
Greenport (V ). Buflolk Co.. 77,750
ISO-'- 29
"MOO 2,366
]n
Groton (V.), Tompkins Co... 45,000 3M&33t to 1929
4'9.290 1,344
Guilderland Sch. Dist. No. 7. 14,000 4
1900-18
270.000
900
Hamburg (V.), Erie Co
22,050 414
1906-20
825,300 1,683
Hamden (T.I.Delaware Co. (!3.000 3~<
3914
1,373
Hamilton (V.), Madison Co. 81,6
3*2-4 1906 25
729,925 1,627
Hamilton Co
28,000
3,6:- 3,2 13 '4,912
Hancock (T.). Delaware Co. 18,000 4
1906-14 1,137,92m 5,304
Harrietst'n (T.) Fraukl'n Co. 15,000 4&4 12 1906-18 3,077,350*4,113
Harrison (T), Westches. Co. 34,500 4
1906-25 3,661699 2,922
Hempstead Sch. Diet. No. 9. 43,000 4&5
1906-23 1,223,792
1905-31 1.801,850
Hempstead S. D. No. 35
40,500 5
1906-28
31.500 5
Hempstead 8. D. No. 20
277,600
Hempstead .3. D. No. 21
1904-20
22,950 4
Hempstead S. 1). No. 22
15.000 4kj 1905-19
Herkiinei(V.).HerkimerCo.l67,O00 3i9-4J4
3,764,184 5,555
Herkimer Hon. Dist. No. 1... 36.000 4
1905-24 3,084.000
Holley rV.), Orleans Co
1906-39
700,000 * 3, 506
14,000 4
HoOsiOk (T.K Rensselaer CO. 14.t75 3*9 1905-09 4,407,335*8,217
Hoosick Falls (V.) Rens. Co.. 46,500 3^-4-5 1900-30 2.035,580 "5,251
Hor8ehead8(V.)Chem'g Co. 46,500 34 5
1905-34
492,000 1,901

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$

statistics

m

(

Popula-

Inter-

Maturity. Valuation, tionin
1900.
$
1905-15 1,796,946 4,944
Horseheads(T.),ChemungCo 38,000 4
1906-12 1,200,451 2,772
Hounsfield(T.),JeffersonCo. 20,000 4
Hume (T.), Allegany Co.... 26,000 3*2 1908 18
800,000 1,749
Ilion (V.), Herkimer Co. ...258,500 3k&4 1904 30 1,659,308 5,133
Irvmgton (Vil'ge), West.Co.136,800 3^ 190H-28 4,279.100 *2,481
Islip (T), Suffolk Co
26,000 4
1906 18 9,000,000 12,545
4
1904 29 2,000,000
Islip S. D. No. 1, Suffolk Co. 25,000
Jefferson County
50,000 312 1906-13 41,209,667 80,549
Kirkland U. F. S. D. No. 4. 28,000
Lancaster ( V.), Erie Co
40,000 3*2 1906-25 1,254,510 3,750
Lancaster Sch. Dist. No. 8... 34,000 3*2 1906-22 1,500,000
*1,'758
Larohmont (V.). West Co. .. 115,000 3%j&4
1906-11
Lebanon (T.). Madison Co ... 24,000 4
678,000*1,099
1,186,776*4,035
Lestershire (V.) Broome Co. 61,000 3-35
Lewiston (T.), Niagara Co ..1M.000 412&5
1,539,172 '3,033
1913
Liberty (T.), Sullivan Co
102,000 4
927,200 4,568
Liberty (Y.), Sullivan Co.... 84,125 3i2&4 1906-22
1,760
Little Valley (Village), Cattaraugus Co
26,000 4
360,000 1,085
Livingston County...
11,500 4^ 1906-07 26,7-8 596 36,450
Lowville (T.), Lewis Co
14,000 3*2 1906-19 2,133,490*3.821
Lowville (V,), Lewis Co
1924 1,1*7,478*2,519
85,000 313
1905-23 2,939,746 5,824
13,500 4
Lyons (T.), Wayne Co
Lysander (T.) Onondaga Co.. 25,000 312&0 to 1920 2,8 '7,030 *4,379
Madison (T.). Madison Co... 14.600 3m :...
1,212,672*1,977
Mamakatlrg(T),Sull'v'nCo. 99,000 3k»-4 1906 18
706,990 3,128
Mamaroneck (V.), West. Co.. 147,000 3-35-4 190.-. 34 5,352,330 *5,090
1906-34
Mar. litis School District
29,000 4kj
462,890
Manlius (T.) f Onondaga Co.. 90,000 3*2 1905-29 2,80t5,670 *5,821
563,575*1,042
Marathon (V.) Cortland Co.. 31,500 3 kj&4
1.941,275 *4.259
Massena(T.),St.Lawre'oeCo. 19.000 4
Meehanicv.. Saratoga Co.. 197,000 3-65-4 1907-33 1.712,912 4,695
Mechaniovllle Sch. Disc
39 850 4.5 1906 38 2,234,000
1908-34 2,657,937 4,716
Medina V.), Orleans Co.... 100,000 3%
1924
667
Middleville(V.),Herkim'rCo. 20,000 3-a
-.
*526
Milford (V.), Otsego Co .. . 17,000 3&4
1911
305,810
802
Millerton(V.), Dutchess Co.. 14,000 4
Mohawk (V.), Herkimer Co.. 59.000 4
1906 32 1,069,245 2.02S
Montgomery Co
65,750 314&4 to 192o 25,682,621 49,928
1915
1,160
MonticelkHV.), Sullivan Co.. 27,000 4
1,433,000 n,830
Mt. Kisoo (V), Westch. Co.. 53,350 ..
Mt.Morris (T.),Livings'n Co. 51.000 3ki-4i2 1906-27 1.959,761 3,715
705.000 2,370
Naples (Town), Ontario Co.. 45,000 3-65 1906-32
1915
Naples (V.), Ontario Co
23,000 4
310,000 1,048
Debt.

regarding civil divisions in the
State »f New York which are not represented among the foregoing detailed reports. We add the population from the U. 8. Census of 1900.
PopulaBonded InterDebt. est. Maturity. Valuation, turn
1900.
$
$
7C0.470 1.292
Adams (V.) Jefferson Co ... 35,000 314 1905-28
875,550 1,511
Alexa- diiaBav(V.),Jef. Co. 84,353 338-4 1905-32
1905-20
Alex. Bay S-h.' Dist. No. 5.. 16,' 00 4
*912
148,000
1909
Alfred (V.), Allegany Co.... 28,000 «.
1905-09 1,038,521 2216
Amity (T.), AUeganv Co ... 25,000 4
710,014 1,927
1905-31
Andes (T.), Delaware Co.. ..138,000 3^
205,945*1,097
1906-18
Andover (V.) Allegany Co .20,700 4
540,000 1,639
1905-24
Angelica (T.), Allegany Co.. 45,000 4
-1*4, 74 * 1,101
Angelica ( V.), Allegany Co.. 34,000 3 V&4 1905-24
Antwerp (T.), Jefferson Co.. 15,000 3^ 1907-21 1,507,505 3,008
1910-25
929
Antwerp ( V.), Jefferson Co. 19,000 4
Antwerp School Dist. No. 1. 8.250 4
509,000 *1,052
Arcade (Til.), Wyoming Co. 20,000 380 1908-32
85.000 3*s 1906-30 3,001,631 7,046
Arcadia (T.), Wayne Co
"470
1907
Ardsby (V.). West. h. Co.... 40.000 365
539,600 1,092
Bainbfidge(V.),Chen'goCo 29.000 3-40&312 to 1925
1
'05-39
00
4to45,
1,970,798
3,923
3
Ballston Spa <V.),Sar'ga Co.259,'
Ballston Spa School District 41,000 3i a 1905-32 1.733,483 3,923
1925
39
500
4
6,263,800
...
Batavia School District
190f;-21
897,100 1,705
Big Flats (T.) Chemung Co. 34.00'> 4
1907-31
651,320
415
55,000 4
Blasdell (V ), Erie Co
1906-30
25,000 4
Bolivar School District
Brockport (V.) Monroe Co.. 75,000 365 1907-31 1,842,K61 3.398
'994
1907-30 1,588,060
Bronx ville (V.) Westch'r Co. 50,000 4
£0.000 4
35,759,741*72,286
1906
Broome Co
1.270,000
1924
Caledonia School District.. 21.000 4
40,000 3%
....
741,760*2,420
Camden (V.), Oneida Co
22,000 419 1907-28
237,501
Candor V.), Tioga Co
1924
1,928,000 *3,982
Canajoharie (T.), Montg. Co. 27,000 313
Dist.
No.
Canajoharie Sch.
8,
17.000 4
1906-22
865,722
Montgomery Co
*2,224
Canajoharie (V.) Mont. Co
34,500 3i& 16 1905-27
2,000,000*3,244
Canastot a (V.) Madison Co. 70,000 ..
1906-20 3,792,077*5,798
Canton (T.) St Lawrence Co. 15,000 4
1915-24
Cape Vincent (V. I.Jeff. Co.. 35,000 4
577,740 1,310
1909-22
2,895
Carthage ( V.), Jefferson Co. 58,000 4
1905-29
600,000 *1,000
Castile (V.). Wyoming Co... 50,500 3^-4
Catsklll (T.), Greene Co
40,500
4,135,075 8,566
117,000
2.445.675 5,434
Catskill (V.), Greene Co
Cattaraugus County
57.0C0 3% 1905-23 25,146,531*65,894
Cattaraugus (Village), Cattaraugus Co
25,000 4
313,950 1,382
2,163,500*3,557
Cazenovia (T.), Madison Co. 66.000 4-4i<j
Cazenovia (V.), Madison Co. 75,500 3*2*4 1S05-15
994,830*1,756

In

[YOL. LXX\I.

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Nelson (T.), Madison Co
New Albion (T.), Cattar. Co

534,325*1,136
40,750 3*q
631,980 2,372
13.500 4 5 1906-18
3V9&4
1909 24 1,745,697 4,578
Newark V.), Wayne Co.... 64,000
New ark U.F.S. <te Acad. Dist. 22,000 4
1906 14 1,259,111 ...
818
Newark Val.(V),Tloga Co... 27,000 3 1s,4ife4'4to'07-33 288,428
1,088,325 2,525
New Berlin (T.). Chenango Co. 14,500 4
Newfane. (T.), Niagara Co.. 56,240 3kj 1906 42 1,640,581*3,707
837,035 1,902
Newtield (T.), Tompkins Co. 38,000 3V> 1905-24
1907-32
..
400,000 *1,043
NewHartford(V.).OneidaCo. 20.000
1906 24
539,328 1,556
N. Lebauon(T.),Columb. Co. 53,500 4
1913
375,000
610
Newport ( V.), Herkimer Co.. 10,000 4
No. Hempstead Sch. D. No.
34,000 4 1919&1924 1,447,563
7, P. O. Great Neok
1905-14 1,250,000 1,549
No.01ean(V.),Cattar'gusCo. 10,000 5
*183
No. Pelham (V.). West Co... 46,000 3ia&4i2
No.Tarrytown(V.)West.Co. 52,000 33, >&4 1905-20 2,832,000 *4.70
313,000*1,023
North ville ( V.), Fulton Co.. 29,000 3^ 1906-'21
Olean (Town) School Dist.
1906-19 4,517,777
54.000 4
No. 1. Cattaraugus Co
Oneonta (V.). Otsego Co. ..124.700 349)2-5 1906-t5 3,029,910 *8,054
1905-26
809,754 2,550
42,400 4
Ontario (T.), Wayne Co
1906-13 31,910,429*52,691
120,000 4
Ontario County
19H6-17 16,743,545*31,743
60 000 4
Orlean* County
10,73^,055*7,136
Ossining(V.),W'ohester Co. 176,000 4
Oswegatohie (T.) St. Law1905-14 5,197,965*2,303
20/00 4
renceC)
1906-09 24,777,569*70,111
39,000 3»fl
Oswego Countv...
722,595 1,817
18,840 4&5 1906-16
OtegofTM, Otsego Co
15,f00 3»u
1905-30
180,000
658
Otego (V.), Otsego Co
1906-23
390,81* 1,234
Otselio(T.), Chenango Co... 49,400 3ho
1906-21 1,267,745 3,734
Ovid (Town) Seneca Co..... 36,500 3'a
1906-24
Ovid U. F. Sch. D. No. 1.... 19,000 4
1905-08 5,041,915 8,378
Owego (Town), Tioga Co.... 16,000 4
....
755,880 1,931
Oxford (V.), Chenango Co... 32,000 3-98
1906-32 1,826.676*2,410
3>2
P.viatine, (T.t. Montgbm. Co. 27,000
=>-26
2,500,000 2,926
Patchogue (V.), Suffolk Co.. 34,000 3-Nto 4 190
435.000
781
D>0tf-25
Pawling (V.), Dutchess Co.. 41.000 4
192l-'39
3,249,016*1,841
i&5
Pelbam (V.) Weftchester Co. 18,000
1906-'21 3,109,802
Pelhara School Dist. No. 1... 16.000 4
*638
Pelham Manor, West. Co. ...109,000 4\4>3
103,000 3ie&4 1906-'30 1,436,795 *3,749
Perry (V.) Wyoming Co
1S06-07 3,048,949 4,788
Phelps (Town), Ontario Co.. 20,000 4
1916
599,330 1,306
28,000 4
'helps (V.) Ontario Co
359,055
873
Philadelphia (V), Jetfer.ro. 41,950 4to4«3 1905-32
Philinont (V.).Columbia Co. 49,000 3'65-A 1906-'25 1,058,214 1,964
1906-33 1,372,707 1,204
PleasantvilleiV.), West. Co. 74,850 var.
1904-'l0
350,125 1,026
Plymonth(T.),ChenangoCo. 20,300 4
1911
1,957,000*9,695
4
Port, .lervis(V), Orange Co. 85,000
1905-14
...
PortvilleUn. F.Sch. D.No.5 19,000 4
1,719,860*4,162
Potsdam (V.) St. Lawr'oe Co. 59.500 4
1907
9,245,917*14,169
25.000 4
Putnam County
1,209
Randolph (V.), Cattar. Co.. 22,800 4
1915
596,110
857
Red Honk ( V.), Dutchess Co. 30,000 4
*1,681
795,075
Kioh field Spg.(V.),OtsegoCo. 09,500 3 V4 5
1906-10
1,254,077
3,535
Richland (T.), Oswego Co... 24,500 ..
Rlchmondvilie (V.), Scho290,595
651
harie Co
28,000 3^2 1910-25
Ridgeway Sch. Dist. No. 5,
1920
1,425,000
Suffolk Co
19,500 4
Kidgewav and Shelby School
1905-17 2,100,000
6
District Orleans Co., Mo.12 13,000
Itiverhrad School Dist No. 5,
1906 '24 1,350,000
22,500 4
Suffolk County
Rockville Centre (Village),
06,3!i0 3i«to5 1905-25
727,495 '2,648
Nassau Co
393,183*1,192
Kossie(T.),St.LawreuceCo. 22,000 3i«&4 1905-23
1907-17
259,715 1,675
Rouses Pt.(V), Clinton Co. . 51.000 4&5
Rye (T.), Westchester Co. ..125,000 3>2 1906-32 12,936,170*18,077
1907
'26 3,115,938
70,000 3»2
Rye Soh. Dist. No. 3..
775,523 *2,172
St. .Tohnsv.,(V.) Moutg'y Co. 6^,200 3 >a-4-4 o '06-24
1900-16
40,472,441*90,143
4
55,000
St. Lawreuoe Co
Salamanca (V.), Cattaraugus
....136.0r03i2to4
935,170 4,251
County
1905-'36 1,451,582-3,826
4
Siilimi <*.). Onondaga Co... 115, 200
1910
792,580 2,232
Sandy Cr'K (T.), Oswego Co. 24,500 3J2
Sandy Hlll(V.),Wa8h'nCo.r77,2,;<2 3'i. to* 1 * 1906-30 2,lv2,600 4,473
4
L905-24 1,779,654
.s;uid'v Hill School District.. 20,000
508,900 *1,053
Santa Clara (T.).Fr'klin Co.. 13.200 4&5 1906-18
SarHnacLake(V.),Fr'kl'nCol84,33:: 3V5 1!)05 32 1,438 710 2,591
Saratoga (T), Saratoga Co .. 60,000 4»2 1906-12 1,431,805 3,999
...128/00 3»a*4 1905-13 25,293,787*62,657
Saratoga Countv
Soarsdale (T.), Westelies.Co, 79,500 3 %-4-5 1910-35 2,248,000 "1,018
129,960*1.081
Schoharie (V.i.SchoharieCo. 30.000 3-70 1910-34
Schrocppel (T.), Oswego Co. 34,000 3»a 1906-23 \ 316,577 3,012
(

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Nov., 1905.

:

NEW JERSEY-DEBT OF

J

Bond. InterDebt.

est.

$
Schuylerville (V.), Sar. Co... 55,000
S -otla (V KScbenect'dy Co. 40.000
Sea Clifl (V.). Nassau Co.... 48,850
Seneca" Falls (V.).Seneoa Co. 15.840
30,000
Senega" Falls Sch. Dist
Sharon (T.), Schoharie Co... 23,000
Sharon Sprlngs(V.),Scho. Co. 35,680
Sherburne ( V.), Chenango Co. 27,500
Sidney (T.) Delaware Co.... 14,500
Silver Springs (V.) Wyom

lngCo

..

Sodus <T.), Wavne Co
Sodas Sch. Dist. No. 4
Solon (T.), Cortland Co
Somerset (T.), Niagara Co...

413

JPopula-

Maturity. Yal'ation. lion.
1000.
$
1908-32
269,955 1^601

3-90
1925
3»*to 5 '06 35
3»2
1906-13

710.000
1,090,000*1,750
2,904,000 6,519

1906 20
1906 17 1,163.642 *1. f 93
1906-31
'526
423,100
31q&4 190619
899
407,547
1906-10 1,345,000 4,023
3^a

3»4
3i»
3hi

25,000
72,000

STATE.

63

(1) THE STATE Is restricted as to its debt-making power by the
State Constitution. In Article IV, Section VI, paragraphs 3 and 4, the
whole subject is disposed of. The third paragraph forbids a loan of the
State's credit, and the fourth paragraph forbids the creation of debt.
These provisions are as follows.
3. The credit of the State shall not bo dlreotly or indirectly loaned in

any

case.

shall not in any manner create any debt or debts,
liability or liabilities of the State, which shall singly or in the aggregate
with any previous debts or liabilities at any time exceed one hundred
thousand dollars, except for purposes of war, or to repel invasion, or to
4.

The Legislature

suppress insurrection, unless the same shall be authorized by a law for
single object of work, to be distinctly specified therein; which
law shall provide the ways and means, exclusive of loans, to pay the
interest of such debt or liability as it falls due, and also to pay and
discharge the principal of such debt or liability within thirty-live years
from the time of the contracting thereof, and shall bo irrepealable until
Buch debt or liability and the interest thereon are fully -paid and discharged; and no such law shall take effect until it shall, at a general
election, have been submitted to the people, and have received the
sanction of a majority of all the votes cast for and against it at such
election and all money to be raised by the authority of such law shall
be applied only to the specific object stated therein, and to the payment
of the debt thereby created. This section shall not be construed to refer to any money that has been, or may be, deposited with this State by
the Government of the United States.
According to the foregoing (4th paragraph) the power of the State for
making debt is limited to $100,000, except (1) for purposes of war etc.,
and (2) when the authorization is for some single object of work specified therein, etc. In the latter case the mode of procedure is, as will
be seen, given in the same paragraph of the Constitution.
(2) OITIES, COUNTIES, TOWNS, Etc., are also restricted in the
making of certain kinds of debt by Article I, paragraphs 19 and 20, of
the Constitution. We give the paragraph in full.
19. No county, city, borough, town, township or village shall
hereafter give any money or property, or loan its money or credit,
to or in aid of any individual, association or corporation, or become
security for or be directly or indirectly the owner of any stock or

some

4
5

1907-31
1906-12
1906-17
1905-37
1906-14
1906 18
1905-15

2,420,787
535,000
238,770

"817
5,118

12.<>00
4
....
66,300 4
622
31,000 5
1,250,000^,070
Southampton (V.) Suffolk Co. 32,500 3S8
1,500,000 2,289
Southport(T.), Chemung Co. 1K.70J 4
1,170,872 2,201
773,675 2,230
Springville (V.,). ErieCo. . 66,588 4
622,850
901
Stamford (V.), Delaware Co. 23,800 ..
35,000 4&6 1906-12 34,916,998*81,815
Steuben County
1906-16
8tockbridge(T.),MadisonCo. 55,000 4
667,650 '1,570
1905-"0
650,000 1,019
SuffernfV.), Rockland Co... 37,500 3*2
15,000 3*2 1906-08 54,384,810 77,582
Suffolk County
3i2&4
1907-25
917
Theresa <V.),.refferson Co.. ^0.500
1907-'22
928,590 1,911
Tlconderoga (V.), Essex Co. 64,000 4
1912
425,550 1,217
Truxton(T), Cortland Co... 109,700 4
1920&25 2,572,470
38,000 4
Tuxedo Sob. D;sr,. No.
Co
1906-08
Ulster
12,000
4
1,101,868 3,582
Ulster (T.)
42,000 3*2
1926 1,402,591 2,"76
Ulysses (T.), Tompkins Co
1905-'27
Columbia
Co...
23,000
4
400,000 1,300
Valatie ( V.),
VanBuron(T.)OuondagaCo. 22,000 3*3 1906-27 2,070,465 "3,147
37,000 4
1914
825,737 1,448
Venice (T.), Cayuga Co
..
664,632 7,674
Volney (Town), Oswego Co. 103,0
Walden (V.), Orange Co .... 52,300 3W>-4 1905-24 1,365,420*3,737
Walton (T.), Delaware Co... 84,000 3k-&4 1905-18 1,582,336 4,869
1906-18
20,000 4
793,164
Walton School District
Wap'gersFaUsfV.t.Duto'sCo 15,000 3^-5 1905-17
936,630 3,504
Warrensburg Sch. D, No. 1,
1906-19
14,000 5
WarrenCo
436.575
Warsaw (T.), Wyoming Co.. 62,000 3*2 1905-32 1,816,041 4,341
Warsaw (V.), Wyoming Co .. 76,000 4&5 1905-25 1,283,920*3,196
WaterlooSch. D.,No. 1
28,000 3*a 1905-32
....
1906-11
Watertown(T.), Jefferson Co. 82,000 4
881,049 1,159
Watkins (V.) Schuvier Co... 115,000 4
1921-24 1,183,125 2,943
Wawarsing(Twp.),UleterCo 75,000 3^&4 1906-13 1,169.335 7,225
Wayland ( V.), Steuben Co.. 25,000 4
1908-32
525,710*1,220
Wayne (Town), Steuben Co.. 25,000 3^n
360,237
838
WayneCounty
32,000 3*3 1906-13 24^02,625*48,441
1905-11
Webb (T.), Herkimer Co
14,000 6
937,343
920
1907-27
West Carthage(V.) Jeff. Co. 43,200 4
387,394 1,135
Westfleld (V.).Chautauq. Co. 91,000 3*2-4 1906-24 1,380,000 2,430
Westfield School Dist. No. I. 40,000 3>s&4 1906-27 1,356,245
Whlteball(V.),Wash'tonCo. 75,000 4
1905-29
900,000 4,377
Whitesboro' (V), Oneida Co 49,000 3^-4 1931-33
750,000*2,018
Wilson (Town), Niagara Co. 73,000 3^ 1906-41 1,302,241 2,881
Wolcott(T.), Wayne Co
1906-11 1,020,355 3,207
45,000 5
Yates ( T.) Orleans Co
1906-14 1,106,784 1,884
36,000 4
Population for 1905.
C stands.for city; T town; V village.
.

;

,

bonds of any association or corporation.
20. No donation of land or appropriation of money shall be made
by the State or any municipal corporation to or for the use of
any society, association or corporation whatever.
It will be noted that the above prohibition relates "to the giving of
money, property or credit of cities, &c, to individuals, associations, or
corporations, &c, and that the prohibition is absolute, forbidding the
doing of such acts in any form, shape or manner. There is one other
restriction of the State Constitution, and that is found in Article iV.
Section VII., paragraph 11, which forbids the Legislature passing any
special laws " regulating the internal affairs of towns and counties";
in this and in all other eases in which according to the judgment of
the Legislature general laws are feasible, the Constitution states that
general laws must be provided.
In compliance with this last provision the Legislature has passed
many general laws covering bonded indebtedness of cities, towns, etc.
They are so numerous they cannot be cited here. We would refer the
reader to the Revised Statutes of New Jersey published in 1896 under
the heading "Municipal Bonds" pages 693 to 716 both inclusive; and
also to the same heading ("Municipal Bonds") pages 2220, etc.
In 1904 a law was passed limiting the power of cities to issue bonds
to 15 p.c. of the taxable value of real and personal property. This Act
also defines the method of issuing bonds.
See V. 78, p. 1565 for bill
In full.

TO

New

State of

<

Jersey-

'

ITS

DEBT, RESOURCES, Etc
Admitted as a State

-

-

Total area of State (square miles)
State Capital

....

One

of Original Thirteen
7,815

Trenton
Ed. C. Stokes
Secretary of State (term expires Apr. 1,'07) Col. S. D. Dickinson
Treasurer (term expires Feb. 11, 1908) - - Frank O. Briggs
Comptroller (term expires Feb. 20, 1908) - J. Willard Morgan
Legislature meets annually the second Tuesday of January,
and there is no limit to the length of the session.

Governor (term exp. Mon. bef 3d Tues. Jan.
.

'08)

HISTORY OF DEBT.—New Jersey has always been a conservative
State there are consequently no facts out of which to construct a history of debt issues. In a report made in 1838 the financial officer of
the State affirmed that New Jersey had put out no obligations of any
kind or loaned its credit to any company. The Constitution of 1844
forbade the creating of a State debt exceeding one hundred thousand dollars except for purposes of war, &c, as will more fully appear in the
item below with respect to " debt limitation." This exception, under
which it was allowable to exceed the hundred-thousand-dollar limit
became operative on the occasion of the breaking out of our Civil War.
Quite a debt was created at that period. The last of these war bonds
were retired on Jan. 1, 1902.
DEBT.—With the exception of $1 16,000 certificates issued
to the Commissioners of the Agricultural College under Act approved
June 13, 1 895, the State is now clear from debt, and has been since
Jan. 1, 1902. At previous dates the debt was
Nov. 1, 1901..
$71,°00 Nov. 1, 1895
$660,400
;

TOTAL

1

Nov.
Nov.
Nov.

1898
194,000 Nov. 1, 1894
735,400
1897
394,000 Nov. 1, 1880
1,996,300
1. 1896
593,400 Nov. 1, 1866
3,395,200
On Nov. 1, 1905, the cash balance on hand in the 8tate Fund was
$2,S58,398 13; this fund also held on the same date 1,887 shares (par
value $188,700), of the joint stock of the Delaware & Raritan Canal
and Camden <fe Amboy Railroad and Transportation companies. The
State School Fund on Nov. 1, 1905, held securities to the amount of
$4,220,241 10.
ASSESSED VALUATION.—The assessed valuation, etc., has been
190n... $1,153,682,961 1898
$544,354,193 1884.. ..$554,828,114
1904
1,055,379,023 1896
794,428,048 1882.... 534,917.876
1903
1,008,062,612 1894
774,398,332 1880.... 518,617,518
1902
952,560,540 1892
742,759,082 11878.... 531,851,849
1901
918,418,741 1890
649,979,700 1876.... 596,833,707
1900
891,237,286 1888
603,676,953 11874.... 619,057,903
1899
864,516,527 1886
573,256,303.1
In addition to the above the valuation of railroad and canal property
In 1900 was $219,656,014. in 1902 $223,486,392. In 1903 $227,195, 1 15,
in 1904 $231,655,52";, and in 1905 *237.026,414. No general tax is im
posed in New Jersey, the State deriving its revenue from other sources.
1,
1,

|

I

|

|

DEBT LIMITATIONS.—The provisions of law limiting and regulating the debt-making power in New Jersey will be better understood
and the information will be made more serviceable to the investor if
arranged in accordance with the civil divisions to which the provisions
apply.

LIMITATION
TAX RATE. -Under Chapter 83, Laws of 1905,
the rate of taxation for ounty, school and local purposes in cities
with a population of over 50,000 is limited to $17 per $1,000 of assessed viiiuatiou, and in all other cities, boroughs, villages, towns
and townships o $15 per $1,000 of valuation. Ex< option is made,
however, whenever the governing body shall by r-solntion adopt a
higher rate and the same be approved by a majority of the legol voters
at the general election next preceding the year ia which the taxis to
be collected, in which case the limit mav be exceeded. See V. 80, p.
2473.

ATTORNEY-GENERAL TO APPROVE SCHOOL BONDS -The

S'hooi law passed at the special session of the Legislature convened
Oct. 15. 190:5, provides that whenever any bonds are authorized by
townships, in- orporated town or borough school districts, the district
cltrk must trane-mit certified copies of the record -f nro-eedings to
the State Attorney-General for hi-> approval as to the legality of the

same.

TAX EXEMPTION.—The State of New Jersey passed in 1893
a general statute which exempts from taxation the bonds, securities and other evidences of indebtedness of municipal corporations; the provision covers not ouly the bonds, etc., to be hereafter
issued, but those as well that have been heretofore issued. It is a
sweeping statute, and one which is of decided interest to the holders of
the municipal securities of the State. The full text of it may be found
in the State and Crrr Supplement for Ootober, 1898, page 58.
Population has been as f ollows.
PO P U LAT ION O F ST AT
1905
2,137,766 1860
672,035 1820
277,575
1900
1,883,«69 1850
489,555 1810
245,562
1890
1,444,933 1840
373,306 1800
211,149
1880
1,131,116 1830
320,823 1790
184,139
1870
906,096

E—

1

'

SAVINGS BANKS' INVESTMENTS-POWERS AND RESTRICTIONS.—The last general savings bank law of New Jersey was
passed in 1876. Since then the legislative tendency in the matter of
Investments has been in the direction of allowing the management o f
these institutions a wider choice and a larger discretion. In 1878 the
limits of the 1876 law were broadened in several particulars by a new
act of two sections, the first taking the place of section 26 of the act of
1876. In 1886 still another law was passed in place of the first section
of the law of 1878. Again in 1889 an act was passed extending ma
terially the provisions of section two of the law of 1878, which covered the same subject matter contained in section 29 of the original law
of 1876, and thereby section 26 of the law of 1876 was superseded by
the law of 1886, and section 29 was superseded by the law of 1889. In
1901 Section two was further amended in the way specified below. In
1896 a supplement approved March 30, 1896 (Chapter 139, laws of
1896) to the law of 1876, making school district bonds an authorized
investment, went into effect. In 1897 an act was passed (approved
April 9) authorizing investments in bonds issued by commissioners
appointed by the Supreme Court of the State. In 1899 a further
supplement extending the permissible line of municipal investments
so as to include the bonds of townships and boroughs was approved
March 24. An attempt to add such securities to the list was made In
1898, but the measure then failed to receive the approval of the Governor.

The 1899 law Is

Section

as follows

be lawful for any savings bank in this State to
invest its funds in the bonds of auy city, county, town or township of
this State issued pursuant to the authority of any law of this State, or
in the bonds of any borough or village or school district of this State
issued pursuant to the authority of any law of t'us State; provided,
such borough, village or school district shall not, within the ten
years next preceding, have defaulted in the payment of any part of
either principal or interest of any legal debt or obligation thereof; and
provided further, that the total indebtedness of any such borough or
village does not exceed ten per centum of its assessed valuation, and
1. It shall

:

:

:

NEW JERSEY—CITIES AND

64

such school district bonds are by aw charged upon all the property of
the Inhabitants of such district, or in any interest-bearing obligation
(other than obligations commonly known as improvement certificates)
Issue 1 by the city, county, town, township, borough or village in
which such bank or institution is situated.
The fallowing is the law of 1897 (approved April 9, 1897):
"Sec. 1. It shall be lawful for any bank, trust company, savingsbank
or savings institution * * * incorporated under the laws of tills
State, tolnvest moneys belonging to or deposited with any such com_
panics in any bonds authorized by the laws of this State to be issued
by any commission appointed by the Supreme Court of this State by
virtue of any law of this State."
We omit the law of 1896 with reference to school district bonds
because its provisions are included in the laws of 1899, quoted above.

Next we give the leading provisions

of the general

law as to invest-

section of the act of which this is a supplehereby amended so as to read as follows
That it shall not be lawful, from and after the passage of this act, for
any savings bank or other savings institution, whether chartered or
Incorporated under a general or special act of the legislature of this
State, and any provision contained in the charter, or any supplement
thereto, of such savings bank or savings institution to the contrary, to
invest the moneys deposited with the same in any manner, except as

Section

1.

That the

ment be and the same

first

:

is

follows, to wit:
I In the stocks or bonds or interest-bearing notes or obligations of the
United States, or those for which the faith of the United States is
distinctly pledged to provide for the payment of the principal and

interest thereof;
II.

;

;

VT. In real estate strictly in accordance with the following provisions.
We do not reprint the real estate provisions, as they cover a matter
not germane to our present subject. It is sufficient to say that they are
two in number, marked (a) and (b), and may be summarized as below
(a) authorizes the holding of a plot for erection of a banking building or buildings, portions of which may be rented, but the cost of lot
and buildings must not exceed 50% of the net surplus of the corporation;
(b) all purchases under foreclosure sales upon mortgages owned by
the corporation or sales under judgments or decrees obtained for debts
due, etc.; and all such real estate must be sold within five years unless,
on application to the State Board having supervision of Savings Banks,
time shall be extended.
But the character of permissible investments was further greatly
enlarged by the law of 1886, which is as follows

Section 1. That it shall be lawful for any savings bank or savings institution, incorporated under any law of this State, to invest moneys
deposited with it in the bonds of any city or county of any State of the
Uniteo. States of America, which have been or may be issued pursuant
to the authority of any law of any such State; provided, no such city or
oounty has, within ten years previous to making such investment by
any such savings bank or savings institution of this State, defaulted in
the payment of any part of either principal or interest of any debt
authorizea by law of such State to be ontracted ; and provided, further, that the total indebtedness of any such city or county is limited
by law to ten percentum of its assessed valuation.

By another Act the banks also have the right to invest in railroad
bonds under certain restrictions. The authorization was given by
Section 2 of an Act approved February 22, 1888. Subsequently (April
27, 1888.) this Section 2 was repealed. On March 27, 1889, however,

was again

re-enacted.

and Towns

STATE OF

NEW

JERSEY.

—

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

FRANK TEN BROECK, Mayor.
ASBURYMonmouth
PARK-i
WM. BURROUGHS,
County
L.

City Clerk.

C.

This city

is

Incorporated as a city in 1897.

in

LOANS—

Beach Bonds -

When Due.

Fire Bonds—

$250,000
1933
1915 4s,'05,M&S, 30,000 «... Sept. 1, '45
J&J,
1915
6,000
Sewer Bonds—
4s,'04,J&D.19,000 c
1934 4s,
1933
$50,000 c
School Bonds—
4s,'05.M&S, 30,000 Sept 1.1945
1912-1942
'05.
5s, J&D, $60,500
Bond, debt Sept. 30,
$593,000
($2,000 due yearly on June 20.)
City's propor.sch.dis bds.
60,500
Library Bonds—
Total liab'ty 8ept.30,'05. 053,500
4s, M&N, $18,000 c .. Nov. 1, 1931 Tax valuation, real
3,750,700
Water Bonds—
Tax valuation, personal. 361,422
5s, J&D. .$60,000 c.June 1, 1915 Total valuation 1904
4,112,122
Subject to call after June 1, 1900 Assessment ^ to ^ actual value.
5s, J&D, $10,000 c.June 1, 1917 Total tax (per $1,000) '04. .$28*75
5s, J&D, 50,000 c. .June 1, 1924 Population in 1900 was
4,148
4,526
5s, J&D, 48,000 c... Deo. 1, 1926 Population in 1905
1927 Interest payable at Treas. office.
4s, semi-an., 22,000 o

A&O, $10,000

5s,
4s.

4s, ...

.

c... Oct. 1,
c. ...Jan. 1,

.

FRANKLIN STOY, Mayor.
ATLANTIC CITY.—
<A. M. HESrON,
County,
P.

<

In the interest-bearing bonds of this State;

III. In the bonds of any State in the Union that has not, within ten
years previous to making such investment by any such bank or institution, defaulted in the payment of any part of either principal or interest
of any debt authorized by any legislature of such State to be contracted.
rv. In the stocks or bonds of any city, town, county or village of this
State, issued pursuant to the authoritv of any law of this State, or of
the cities of New York, Brooklyn and Philadelphia, or in any interestbearing obligations (other than those commonly known as improvement certificates) issued by the city, town or borough in which such
bank or institution shall be situated (See below for provision including
the bonds of certain cities and counties of any State in the U. S).
V. In bonds secured by mortgages which shall be a first lien on real
estate situate in this State, and worth at least double the amount
loaned thereon, but not to exceed eighty per centum of the whole deposits shall be so loaned or invested; but incase the loan is on unimproved
or unproductive real estate, the amount loaned thereon shall not be
more than thirty per centum of its actual value and no investment in
any bond and mortgage shall be made by any savings bank, except upon
the report of a committee of at least three of the managers, directors
as trustees of any such bank or institution, and a majority of which
committee shall certify to the value of the premises mortgaged, or to
be mortgaged, according to their best judgment; such roport shall be
filed and preserved among the records of the institution;

It

[Vol. lxxxi.

Cities, Counties
in the

1

ments.

TOWNS.

The section

is

as follows

be lawful for any savings bank in this State
to invest
mortgage bonds of any railroad company
which has paid dividends of not less than four per centum per annum
regularly, on their entire capital stock, for a period of not less than
five years next previous to the purchase of such bonds, or in any consolidated mortgage bonds of any sucli company authorized to be issued
to retire the entire bonded debt of such company.
The other law referred to above passed in 1889 amending section 2
of the law of 1878 is as below. It relates to loans on collaterals. As
noted above, a slight but very important alteration in the phraseology
of this section was made by a law approved March 22, 1901, and
which forms chapter 148 of the laws of 1901. The new words introbelow.
duced are indicated by brackets
Section 2. ITereafter it shall not be lawful for any saving institution in this State to loan the money on deposit with the same, or any
part thereof, upon notes, bills of exchange or drafts, excepting upou
the additional pledge of collateral security or securities, which collateral security or securities shall be of the same nature and character as
those in which the money deposited may be Invested as directed In the
flrst section of this Act, or the capital stocks of national and state banks,
or [the capital stock or bonds of] other corporations of this State,
which nave not defaulted in the payment of interest [or] dividends
within two years next preceding the time of such loan, and then only
to the extent of eighty per centum of the market value of such collaterals; provided, that the total amount of such loans shall not exceed
fifteen per centum of the total deposits held by such institution.
In addition to the foregoing (according to section 27 of the general
law of 1876) the managers can keep on hand or on deposit in any bank
In the State, or in any trustor safe deposit company in New Jersey.
New York or Pennsylvania, an available fund of not exceeding ten per
oent of the whole amount of deposits with such corporation, or loan
the same on pledge of the securities named in the first section cited
above. Also (according to section 28 of the general law of 1876) they
can deposit temporarily In banks tho excess of daily receipts over payments until such time as they may bo judiciously invested.

Section

2. That it shall
its funds in first

[ ]

This city is in Atlantio
new city charter was adopted

LOANS—

May

When Due.

6,

Comptroller.
Incorporated March 3, 1854.
1902.

Paving Bonds—

City Hall Bonds—
4^8, g.,J&D, $95,0000. Dee.l, 1908
4s, g, F&A, $90,000 O.Aug. 1,1930 4s, g., M&N, 115,000 .Nov.1,1919
4s, g, J&J,
23.000 o. July 1,1911 4S, g., A&O, 135,000 -Oct. 1,1921
4s, g. J&D, 10,000 o.June 1, 1909 48, g., A&O.
15,000 -.Oct. 1,1922
Public Library Bonds—
4»«8, g, *04. M&N, 195,000 <•. 1924
4s, g., J&J, $30,000 o Jan. 1, 1038 4s. g.'05 J&D, KO.000 o.June 1,'25
4s, g, J&J,
9.000 o.... 191C-'18
Fire-House Bonds Semi-Ckntrnni vl Bonds—
4s, g., J&J.
$5,0000. Jan.l, 1906
4s, g, M&N, $30,000 O.May 1, 1909 4s, g, J&J,
lo,0(0 o.July
19 ^2
Water Bonds—
4s, g, J&J,
10,000 e. July 1, 1913
5s,g,J&D, $763,000 f.June 1, 1925
Park Bonds—
4»as,*,M&S. 100.000 o Mar.l, 1926 4iss,g.,J&J, $100,OOOo.Julvl.l930
4Hjs, g. J&J, 12,010 o.July 1, 1917 Bond, debt Sept. l,'05..$2,5iH,000
4,000 c.Jan. 1, 1909 Sinking fund
541.401
4»ss, g. J&J,
4 s.g., J&J,
200,000 o.July 1, 1 930 Net debt Sept. 1, 1905.. 2,016,->99
7(',000 o.July 1, 1930 Water debt (inc. above). 1,244,000
4s,g.,J&J,
4s,g.,J&J,
20,000 o.July 1, 1932 School debt (see oelow)
".Jan. 1, 1933
Sept. 1,1905 (not in4s.g,J&J,
75,0
cluded abovei
City Improvement Bonds—
36 J, 975
5s, g.M&S, $11,000 <«.Sept. 1, 1906 Assessed valuat'n, real. 45, 93f, 222
5s, g,M&S. 11 000 o Sept. 1, 1911 Assessed valuat'n, per'l 3,133,700

M&N, 38,000a. May
M&N, 40,0000. May
M&N, 49,000 May

1,1906
1,1911
1,1916
A&O, 5,OOOo.Apr. 1,1918
M&N, 10,000j.May 1,1914
A&O, 1.000 i. Apr. 1,1920
(10,000 o.May 1, 1911
48.S.M&N, } 15,000 o.May 1, 1916
(25,000 o.May 1, 1921
4s, g., A&O, 20,000 o.Oot. 1, 1912
4s, g, A&O,
1909
5,000 o
4s,g.'05, A&O, 50,OOOo.Apr.l,'25
4>«8, g.

4^8,
Has,

g.
g.
4H-8, g.
4*2S, g.
4s,
g.

)

Crematory Bonds—

4«ss,g.,J&J, $40,000 c.Julyl, 1918
4iss,g.,J&J, 10,000 o.Jan. 1,1920
4s. g.,

J&J,

32,000 c.Jan. 1.1921

Sidewalk Bonds -

4s, g,

M&N,

'

v

1N X

tms.J&JJ

4,OOOo..,!uly 1.1914

313°, M&S, 45,000 -.Mar.l, 1906-14
313s, M&S, OO.ooOo.Mar.l, 1915-23
313s, M&S,
9,975 o Mar. 1,1924
4s. g,'04.J&J,85.000c.J'ly l.'i 6-22

a*
48,

,r
t«,t 5
„, diKj, 2

90,000 .July l,'25-30
12 00 o.. July 1,1932

S

THOMAS BRADY, Mayor.

I

JO8.

BRADY. Treas.

Hudson County.
When Due.
LOANS—
City of Bayonne Bonds—
J&J, $8,500.. June 1, 1P07
5s,
This city

,;

1908

$5, 000 c

RAYONNE
^
^'

JJ fx L

Total valuation 1905.. .49,069, >22
Assessment about '^a actual value.
Tax rate (per $1,000) 1905.. $17*70
Population in 1900 (Census)27,838
Population in 1905
37,593
Summer population (est.). 200,000
Atlantio uitg Scho»l District
, j«bj
T A1 S $15,0"0 o.July 1,1906-08
os,
1,000 c. ..July 1. 1909
^
4 u s T& jS 25,<00..Julyl,'09-13

is in

Tax Bonds -

J^f, $100,000 June 1,1909
J&J, 100,000. Apr. 15. '11
J&J, 1,000. .July 1,1907
Funded Assessment Bonds—
58,
JcVj, 4,000 Jan.
5s,
J&J. $23,000.. Jan. 1, 1912
1,1908 5s.
J&J, 7,000 .May 1,1908 5s,
5s,
J&J.
1,000 Jan. 1, 1913
J&J, 38,000...July 1,1908 5s,
5s,
J&J, 38 000 Jan. 1,1915
J&J, 50,000 Jan. 1,1911 5s,
5s,
J&J, 23.000. Jan. 1, 1916
J&J, 5,000 July 1,1911 5s.
5s,
J&J, 33,000.. Jan. 1, 1925
J&J, 2,000. .Deo. 1, 1913
4s.
Water bonds—
A&O, 9.000. .Oct. 1.1914 5s,
5s,
J&J, $1,500.. July 1, 1917
M&S, 10,000.. Mar. 1,1915 5s,
5s,
J&J, 3,ooo. .June 1, 1906
J&J. 6.000 Jan. 1, 1916 5s,
5 s,
J&J, 2,000.. July 1, 1906
J&J, 11,00'). ..Ian. 1,1907
4k)S, J&J, 48,000 .Sept. 1,1916 5a,
J&J, 22,00 ).. Sept. 1,1916 4ias,g.J&J, 22,000.. Deo. 1, 1922
4*811,
J&J, 10,000. ..Ian. 1,1917 4s,
J&J, 16,000.. Jan
48,
1. 1928
J&J, 7,000. .Jan. 1,1917 43,
J&J, 5,000. Oct. 1. 1929
48,
4»38, J&J, 9,000 .May
1,1917 4s,
J&J, 5,000.. Aug. 1, 1930
4s,
J&J, 3,000. .Jan. 1, 1917 4s,
J&J, 5,000 Jan. 1, 1931
J&J, 8.000. .Jan. 1, 1918 4s,
J&J, 56,000.. Jan. 1, 1932
4s,
4s,
J&J, 10,0. O..Nov. 1, 1918 4'os.g.J&J, 89,000 July 1,1922-32
J&J, 20,0 r>0. Sept. 1.1919
Refunding Bonds—
4s,
J&J, $120,000 July 1, '11
4s,
J&J, 12,000. July 2,1920 5s,
J&J,
J&J, 10,000. .Sept. 16, 1921 5s,
50,000.. May 1, '18
48,
J&J,
46000 July 1, '18
J&J, 2,600. Sept. 13,1921 5s,
48,
J&J,
53.000. Jan. 1, '19
J&J,
8,000. .Sept. 2, 1922 5s,
48,
J&J,
68.000 July 1, '19
41*8, J&J,
9,000.. .Deo. 1, 1923 5s,
—
4V2S. J&J.
35.000
School Bonds
1923
J.*J. $5,O00.g.Nov. 1,1913 48, 05, J&J, 55, 000.. July 1,1925
5s,
.10AD Construction Bonds —
4S>8, J&J, 100.000. Mar. 1, 1918
J&J, $35,000. Jan. 1, 1913
4s,
J&J, 14,500. .Apr. 1, 1922 58,
J&J,
4s,
J&J, 12,.r>00..Aug. 18, '22 6s,
4,000 June 2, 1914
Bond,
Out. 3, 1905.$2,287,850
100,000..
1.1933
debt
Mar.
4^8. J&J,
Floatingdebt
6,750..
Mar.
1935
4s.'05,J&J,
1,
230,000
Total debt Oct. 3, 1905. 2,517 HoO
Funukd Tax Bonds—
5a.
J,tJ, $165,000.. July 1,1911 Sinking fund
240,710
4s,
4s,

.

Improvement Bonds—

Park

4»48,

Bonds—

J&J, $58,000.. Jan.

INTEREST

Of. 3, 1905. ...2,277, 140
Water debt (included)
215,ft00
N.-t debt,

J&J, $75.000.g.lan. 1, 1906
J&J, fiO.OOO.g Aug.1, 1906
J&J, 50,000.g.Jan. 1, 1907
4s,
J&J. 50,0)0,g..Iuly 1,1907
50.000.g.Mayl, 1908
4s,
.1^,1,
4s,
JAJ, 12 5, 000. K.Oct. 1, 1908
4^)8, J&J. 50.00o..July 1, 1909
4^8,'0->,J&J,.'i0,000..Apr. 1,1911
4s,
4s,
4s,

1,

.

Tax
Tax

valuation, real
16,997,916
valuation, personal. 1,226,225
Second class railroad
440,837
Total valuation 1905.. .18,664 978
Total tax (per $1,000) 1901.$2790
.

Population in 1890 was
19,033
Population In 1900 (CensuH)32,722
Population in 1905
42,262

1916

pavable part at the Hudson Oounty National Bankof
Jersey City and part at the Mechanlos' Trust Co., in Bayonne.
is

—

—
JERSEY-CITIES AND TOWNS.

NEW

Nov., 1905.]

BELMAR.
borough

Abkam Barton,

LOANS-

Tr» aimer.

la

58. aeml-an., $73,000. .$3,000 y'rly
5s, '05, M&S, 25,000 ...8ept. 1,'35
Subject to call after Sept. I, 1925.

3,600
Aaaea'd valuation. '05 ... 1 ,890,000
Jetty Bonds—
$28-40
Tax rate (per $1,000) 1905.
5s, Romi an., $10,000
Population in 1905
1,089
Park Binds—
902
5s, seuii-an., $4,500. ...1906-1914 Population in 1900...

CO.— Orrin Trall,
BERGEN
bonds
county
Hackensaok
the

This town is in Essex
1900. Bonds are tax exempt.

When Due.

LOANS—

5s,

($5,000 in '19; $7,000 y'r'ly to '29)

4a,

School Bonds—

4a,
4b,

M&S,

$87,000 c... 1906-1926
49,000c... 1906-1930

J&J,

($1,000 y'rly to '26; $7,000, '27-'30

Water Bondsa
a i n 5 $15,000 r..Apr.
4s, A&O,
75 000 r. Apr.

{

1, 1919
1, '20-34

26,

Sewer Bonds—
M&N, $20,000o. Nov. 1,1906

Street Impt. Bonds—
4a, J&D, $75,000 c.June, '19 to '29

{$2,500 due y'ly) to Nov.

1913

1,

P&A, $50,000 c
.Feb., 1930
Firb Department Bonds—
..

4s,'04. J&J,

$25,000

Bonded debt

duly 1, 1924

Total valuation 1905
6,337,400
Assessment is 2e actual value.
Total tax (per $1,000) 1905 $23-^0
Population in 1900 was
9,668

Bank and

^^ ^

1,

%

W. Sell, Collector.

seat.

$25,555
Sinking fund
Ass'd valuation, real.. 47,305,467
Ass'd valuation, perVl. 4,688,715
Asylum Bonds—
4s, '99. ...., $40,000 July 1, 1909 Total valuation, iau5.. 51,994,182
Court House Bonds (0 or r) — County tax (per M) 1904.... $5-90
121,555
4s,'04. J&f, $700,000. Jan. 2, 1944 Population, 1905
107, 643
Bonded debt Oot. 3, '05. .$757,300 Population 1900

Armory Bonds—

5s. '93, ..... $16,000. July 1,

1 1 .t>68

1908

I

I

Newark.

Fidelity Trust Co.,

the

is

INTEREST on water and fire department bonds is payable at U.
S. M &Tr.Co., New YorkCity; on other issues at the Bloomfield National

6

CAMDEN
CO.— John
County
Camden

Oct., 1903. .$398,500

Population in 1905

1,

5

,

)

L. Johnson, Clerk.
BLOOMFIELD.-Wm.
County. Incorporated as a town March

413

$2,725,841
$2,494,150
$3,148,800
Total bond. debt.. $3,148,800
77,604
81,814
64,804
122,011
Floating debt
261.446
179,875
323,669
327.972
Sinking fund
The water debt included in the above statement on July 1 1905,
was $1,246,000, and the water sinking fund on May 1, 1905, (also
included above) $105,894. The oity has also guaranteed payment of
$18,000 5 p. 0. Camden Cemetery bonds due Jan 1, 1911. These are
not included in the debt.
are now at full cash value
ASSESSED VALUATION— Assessments
Rate of Tax
Assessed valuation
per $1,000.
Total.
Personal.
Real.
Years.
$2200
$36,044,775
$3,496,650
1904
$32,548,105
21-50
34,889,846
3,138,241
1903
31,751,005
21-60
30,239,927
2 286,370
1902
27,953,557
21-40
2,029,2r>0
27,607,810
25,578,560
1900
19-00
26,361,120
1,744,200
24,616,920
1895
24-50
18,558,380
1,416,610
17,141,770
1891
2650
15,293,684
1,592,210
13,701,474
1886
2200
11,566,080
1,657,850
9,908,235
1880
was 75,935; in
POPULATION-In 1905 was 82/912; in 1900 ititwas
20,045.
1890 it was S8.313; in 1880 it was 41,659; in 1870

All

seat.

1,
1,

TOTAL DEBT, SINKING-FUND Jjc.-^

are tax-exempt.
Aaseaaed valuat'n real$42, 816,960
Aaseased valuat'n peral. 3.855,754
Total valuation 1904... 46.672.714
County tax (per # ,000) 1904 6-10
.100,003
48,04,F&A,15O,000o All*. 1/10-24 Population in 1905
78,441
Bonded debt Oot. 1, '05 $335,000 Population in 1900 was
at
the
Haokensack
payable
Trust
Co.;
is
bridwe
on
3>s8
INTEREST
on other bonds at Hackensaok National Bank of Hackensaok.
la

When Due.
Bridge Bonds—
3^8, J&J, $78,000 o.Jan., 1907 '19
7.000 0. Jan. 1. 1920
3^8, JA J,
4s, J&D, 100,000 r.Dec.l, 1905-14

$24,000
34,000
26,000
50,000
10,000
6,250
3,000
1,000

1,

4

8ohool Bonds, 1897
do 1898
do
Wrightaville School Bonda/98
Rosedale School Bonds, 1893.

Collector.

S.

5
5
5

1898

do

do

Sinking rund

.

When Dae.

F&A
Aug. 26, 1907
M&S
1906
Sept.
F&A
Aug.26,1907
A&O
Oct.
1908
July
1917
J&J
A & O Oct. 1906 10
1,1906-11
J&J
Oct.
1906
A&O July

4ia

Refundiug, 1897
Gen. improvement, 1896
1897
do
do

..Sept 1,'35
Subject to call after Sept. 1. 1925.
Bonded debt Sept. 1. '05. $148,000

Principal.
Ouistand'g.

,

Pale. Payable.

STOCKTON BONDS—

in

LOANS—

Interest

,

NAME AND PURPOSE

Monmouth County.
Funding Bonds—
When Due
5a,'05. M&S, $35,000
Improvement Bonds—

This

65

,

Tr r tt"-t-</"vtvt
tStxLLJKjrCL. I <w>iN.
.

T-iT-,

—

BARTON

SHARP, Comptroller.
IB.n. HITCHNER, City Treasurer.

5

F.

W. MILLET, Mayor.
A TD17 A/TAV
MA
Y — THOMAS
OAPh
JOHN W. THOMPSON,
Cape May Co
r*

Cumberland Co. Incorporated Nov. 29, 1864.
School Bonds—
When Due.
LOANS—
Street Bonds—
4^8, M&S, $21,0000.1906 to 1912
15,000 o...Apr./14'18
4a, A&O, $80,000 r....Oct. 1, 1920 4s, A&O,
(Subject to oall after Oct. 1, 1910.) 4s, J&J, 25,000 c.July 1,1922
This city

is

situated in

Water Bonds—

6s,

F&A, $23,000 C...Aug.

($3,000 due yearly) to Aug.

1,
1,

1906
1913

1,

1927

Park Bonds—

4s,

J&J, $40,000 c. Nov.

(Optional after Nov.

1,

1912.)

Funding Bonds—
4a,

J&J, $50,0<.0 c...Jan.
(Optional after Jan.

1.

1934

1,

Refunding Bonds—
4s, M&S, $15,000 j. Sept.

1,

1925

is

Incorporated March

.

.

WATER BONDS—
M&N, $20,000

4s,

M&S, $23,500 c. .May

1,
1,

1916
1908

&

4s, J

1,

.

—

is

J
I

in

Jan.

1934

LOANS—

Rate.

Bounties loans, 1898
Fire department, 1889
do
do 1899
do 1900
do
do 1904
do
Floating debt, 1876

do
1881
do
1883
School Bonds. 1898
do
do
1904
do
do
1904
Repavlng Bonds, 1898

do

.......

do
1899
do
1900
do
do
1901
do
do
1903.. .....
Funding, 1886
do
do
1904
do
1Q01
1903
d0
—..---—
do
1905
Refunding, 1900
1902
do
Refunding City Hall. 1902....
Park bonds. 1896
do
1904
do
Pay bonds, 1877
Water bonds, 1887
do
1887
1892
do
do
1893
1896
do
1904
do
Relunding water bonds, 1900,
do
1890

do

Interest.

'

NAME AND PURPOSE.

in

—

,

,

I

,

.

1928
1909
1919
June 1,1906
July 1, 1924
May 1, 1906
July 1, 1911
Jan. 1, 1934
June 1, 1918
Jan. 1, 1934
July 1, 1934
Apr. 1, 1928
May 1, 1929
May 1, 1930
June 1, 1921
Junel, 1933
June 1, 1916

313
3*2
qio
3ifl

J

Jan.

3ia

M&N
& J

May

T
n Deo
J&D$
D60
5

Ar

J

&

J

J&D
J&D
J&D
J&J
J&J
J&J
J&J
J&J
419 J & D
4Ju
& J
4
J&D
4
J&J
4
J&D
4 .J&J

4
4
4
4
4
7
4
4

J

.

1,
1,
1,

'06-34

2.

1,

1921

X '05-31
'

1,

1932

Jan. 1,1935

Junel, 1920
June 1, 1932
Deo. 1, 1932
Julv 1, 1921
July 1, 1929
Jan. 1, 1907
July 1, 1912
July 1, 1917
July 1, 1922
Jan. 1. 1923
Junel, 1926
July 1, 1934
June 1, 1920
July 1, 1920

Refunding Bonds—

,$15,000.-1905 to 1906 4s, J&D, *29,000 o...Dec 1. 1933
Town Hall Bonds—
22/ 00.. 1905 to 1907
5s
14,000.. 1905 to 1908 4s, M&N, $19,500 c .May 2, 1906
5s,
5,000..1905 to 1909 ($1,500 due yearly) to May 2, 1918
5b,
Funding Bonds—
4,000 1905 to 1912
5s,
5,400..190i to 1913 4s, J<teJ, $200,000 o.Jan. 1, 1929
5s,
(Subject to oall $50,000 in 1909
5,000.-1905 to 1914
58.
5.500..190itol915
and $75,000 in 1919.)
58,
Water Bonds—
14,000.-1905 to 1918
5si
12,000.-1905 to 1910 312s, A&O, $350,000 c. Apr.l, 1933
4^8
11,000. .1905 to 1915 4b, J&D, 500.000 o.Deo.l, 1933
4^8,
Street Imp't Bonds—4%, 5 & 6%
14,400.-1905 to 1916
4^88
Due
7,000.-1905 to 1918 Due
4*28,
63 1910.$22,164 30
1919
1905.$33.044
22,500.-1905 to
4s
1906. 31,591 88 1911. 14,031 16
1907. 30,471 92 1912.
6,472 35
Total.... $157,300
1908. 26,296 34 1913.
1,183 92
School Bonds—
360 37
4s, J&J,$40,000o.. ..July 1,1931 1909. 24,926 03 1914.
Au«. 25, 1932
4s, F&A 45,000
Total
$190,542 95
4s, A&O, 85,000 0.... Apr. 1,1934
Jan. 15,1934 Bond. debt. lan.l, 1905 $1,967,392
6,800 o
4s, J* J,
222 837
48/05. J&D, 31,835r.. June 1.1945 Sinking fund
Board of Education Bonds— Net debt Jan. 1, 1905 .. x,745.055
1906 Asa'd valuation, real. .18,096,850
5s, '96, A&O, $3,500
?,609,450
4a, '97, J&J, P,OOOo.Julvl/06-07 Ass'd valuation, pers'l
4s, '98. J&J. 5,000 c.July 15, '13 Total valuation 1905.. .20,706,300
Deductions for debt..
201.700
4s. 1898, < 36,000 o May) 5/06-11
M&N, I 7,000 o.May 15, 1<»12 Net valuation 1905 ...20,504.600
1919 Tax rate (per $1,000) 1901. $27-40
4s/99,J&J, 8,000
1919 Population in 1905
4s/99,J&D, 16.500
25,175
Population in 1900 was
Tax Arrearage Bonds—
21,506
-July
1,1914
4s, J&J, $84,000 0..
INTEREST is payable at offi ce of Ci ty Treasurer.
,

Principal.
Outstand'g.

July
Oct
July

1905.

Tidewater Sewer Bonds—
4s. J &D.$152,000 C.June, '06to*24

,

When Due.

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

County, became a city in Dec, 1899.

,

office.

4
4
4
4
4
7
4
4
4
4
4
4
4
4
4
4
4

1,

ALONZO DURKEE, Auditor.
WILLIAM B. LLOYD. Chairman.

.

& Health Bonds—

.

(
J

,

March, 1899, annexed the

Payable.

When Dice.
Dec, 1905 to 1935

5s,

CHARLES H. ELLIS, Mayor.
SAMUEL HUFTY, Comptroller.
Camden County,

—
Essex

a is.Tr- xr
(JJ-tAlNLxJl..

When Due.
Sewer Bonds— Outstanding

J, $9,5'iO

National jiank, Burlington, or at City Treasurer's

This city, which
of Stockton.

/-\t=»

LOANS—

..-.July 1,1912
July
Interest is payable in Burlington.
J&J, 24,500
Bond, debt July, 1905... $201,802
Fire Department—
Mar. 1,1907 Total valuation 1904 ...2,759,176
4s, ..... $6,800
4s, ....,
2,600
1906 Total tax (per $1,000) 1904.$23 60
Refunding BondsPopulation in 1905
8,038
July
Population in 1900 was
7,392
4s, J&J, $10,000
1, 1921
July
call
after
1,1911.)
(Subject to
INTEREST on refunding 4s of 1904 is payable at the Meohanios'

town

a cr-"
LAbl

This place, located in

M&S, $22,500. Sep., 1906 to '28
M&S, 8,000. Sep., 19*8 to '38

Deficiency

Nov

4s,
4s,

r* a TX/rr^CTVr
AlVlUJC-iN
U

$31,000

rr-

(Subject to oall $2,000 y'rly aft/24)
4s,
4s,

—

4«48

(Optional $^.000 y'rly after 1925.)

1906
1908
A&O, 11.000.
Oct. 1, 1910
48.A&0, 15,000.Oct. 15,1908&'13

1,
1,
1,
1,

1851

4,

.

,$2,000
J&D, 5.000

$10,000.. June
13,000. . .May

,

M&N,

May

When Due.

Paving Bonds—

4s,

LOANS—

Refunding Bonds— (Con.)
Meadow Drainage—
48/04, M&8. $20,000.. Sept.l, 1930
Deo. 1,1921
School Bonds—
4s, J&D, $14,000
Subject to call after Deo. 1, 1901 4s, -05, F&A, $5,250 Aug. 1. 1935
4s,
4s,
48,

1935

Jan. 1, 1910
1915 5s, J&J, $15,000
1916 Interest is payable at Cape May.
debtjNov.,
Bonded
1905.
$368,000
1918
12,000.. .Jan,
J&J,
1922 Sinking fund
28,305
75,000 ..June
J&D,
'O4,J&D14O,00O..June 1, 1934 Total valuation 1904 ....3,030,000
Assessment is % actual value.
Sewer Bonds—
June 1, 1921 Tax rate (per $1,000) 1904. $28-00
5s, J&D, $12,000
Population in 1905 was
3,006
Refunding Bonds—
May 1, 1910 Population in 1900 was
2,257
5s, M&N, $15,000
13,000... April, 1,1924
5 s, A&O,
School District. C. F. Quidort, Clerk.
Cape

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

Bonds are tax exempt

LOANS—

Refunding Bonds (Con.) —
A&O, $17,000
Oct. 1,1929
Redemption, Etc.— 1890—

When Due.

$30,000

General Improvem't Bonds—

(Optional after July 1, 1912.)
Interest payable at Bridgeton.
Bond, debt Sept., 1905. ..$277,000
Sinking fund
27,496
Assess, valuation, real. .4,601,445
Absorb. valuat'D, pere'l.. 1,320,205
Total valuation 1904... 5,921,650
Aasessment is ^ actual value.
Total tax (per $1,000) 1904.$18 00
Population in 1905 was
13,624
Population in 1900 was
13,913

in Burlington County.

Recorder.

\

in

LOANS—

BURLINGTON.— Joshua Taylor, Treasurer.
This city

ia

58,1905,

4

1919.)

J

.

This city

$9,000
15,000
25,000
12,000
25,000
130,800
218,000
34,000
85,000
90,000
125,000
200,000
50,000
35,000
18,000
75,000
40,000
94,000
20,000
27,000
5,000
20,000
19,000

70 000
63,000
75,000
90,0<0
25,000
50,000
50,000
95,000
95,000
600,000
170,000
91,000
95,00C

I

,

.

.

.

.

.

.

dutu —

cr T7 A
E*i-iL*£,J\ail.
1 CX.

<
\

SAMUEL J. BERRY, Mayor.
PETER BONNETT, Comptroller.

This city got into financial difficulties through making extensive
improvements. Interest was defaulted February 1, 1879, and a
compromise was finally effected with the bondholders, by which new 4
percent bonds dated July 1, 1882, were issued in exchange for the
old 7 per cent bonds turned in at 50 per cent of their face value.
Elizabeth is in Union County. Incorporated a town March 26, 1796;
a city March 12, 1855. [The refunding of the adjustment 4s is being
local

considered."

When Due.
LOANSDAMAGE Bonds—
4s, M&N, 82,000 C...May 1,1912
School Bonds—
4s, A&O,
$4,000c. Aug. 1,1906
4s,
4s,

J&J.

M&N,

4s, J

& J,

Adjustment Bonds—
J&J. $2,922,340 c&r.July 1/22
(Subject to call on 60 days' notice )

4s,

Street Improvement—
July
J&J.$25.000 c

4s,

1,

1907

45.000 cferJan, 1, 1910 Bond, debt Apr. 1,1905.$3,149,S40
56,354
20,000 c. May 1,1923 Sinking fund.
5 .000 c&r. July 1,1924 Bonds are exempt from oity tax.

Fire Departm ent—
4s.

M&S, $12,000

.

1906
$75,000 per

.Sept. 1.

A sinking fund of about

annnm

is

applied to redemp-

tion of outstanding bonda.

INTEREST on adjuatment
of New York; on all

Company

bonds 13 paid by the Mercantile Trust
other Issues in Elizabeth.

—

NEW

66

LOANS—

Rateof Taa
Assessed valuation.
per $1,000.
Total.
Personal.
Real.
Tears.
$28-60
$24,117,699
$3.09 ,950
$21.<25,749
1905
29 10
21,699,400
2,9"1.250
18,74*150
1904
2f|-60
21,141,915
18,464,7=i0
2,677,165
1903
20,168,0o0
2960
2,299,300
17,868,700
1902
lg.188,897
29-60
2,038,342
16,150,555
1900
29-80
16,455,550
1,744,800
14,710,750
1895
29-30
15,968,868
1:719:918
1893:::::::::::. 14:248:950
The tax rate in 190 1 included county tax, $4-678; oity tax, $22-724:
school tax, $1-69- + total. $29-10 per $1,000.
co , OA , , QOrt
it was 52,130; in 1890
POPULATION—In 1905 was 60,509: in 1900in
it was 20.832.
1870
28,229;
was
population was 37,764; in 1880 it
>

,

;

DONALD MAOKAY. Mayor
PTimnn — >robeut
jamleson,
ENGLEWOOD.
March
5

elect.

cierk.
17, 1899.

,

Bank, Englewood.

The county seat

is

5

EDW.

l

R.

Newark.

4s.*04 g.,F&A,$2. -7.000 C.Aug 1'44
Court House Bonds—
F&A, $900,000 Aug. 1,1910 4s.'05,A&O, 200.000.Apr.15, 1945

4s, g.,

Road Bonds—

4s.'O4,g..F&A.dOO,0O0c.Aug.l,'44
I

5s,A&0, $2,492 24.... May 1,1906
4s, F&A, 53,648 47. .Feb. 1, '06 10

|

Tot. debt

Park Bond3-65s,F&A,$l,000,000g.Au.,'15-35
($200,000 every 5 years.)
4s, F&A, $1,500,000 g. Aug. 1, '26
4s,F&A, 1,500,000 g Aug. 1,1938
500,000 <. Aug. 1,1943
4s, F&A,
4s.g.'05F&A,500 OOOe.Aug.l 1943

is, g..

F&<\, 54,000. .Feb.

May

11,

1, '06-11

1905 $7,957,424
966,417

Sinking funds
Net debt May 11, 1905. 6.991,007
Tax valuation, real. ..220,0-0,4^5
Tax valuation.person'l 48,132,077
Bridge Bonos—
$150,000 July 1. .917 Total valuation 1905. 268.21 2,532
4s, F&A,
4s.04.ff ,J&D.300.000c. une 1,'24 Co. tax (per $1,000) 1901... $6-482
Population in 1905
409,628
Refunding War Bonds—
4s, A&O.g., $300,000. Apr. 1, 1919 Population in 1900 was. ...359.053
INTEREST on $2,500,000 park bonds, on the hospital bonds and on
the Court House bonds is payable by the United States Mortgage &
Trust Company, New York City; on the $1,500,000 issue of park bonds
at the office of J. & W. Seligman & Co. of New York City ana Seliguian
Bros, of London; on all other bonds at the Manufacturers' National
I

|

i

|

c<fer

Road
4i«s
4*38,

4^

Impt.

Park Bonds

4s
48,

M fcN
MAIN

5
,

Floating debt
19,500
AssesB'd valuation, real. 1,770,000
Ass'd valuation, pere'l.. 270,000
Total valuation 1905.. .2,040.000
$24-50
Tax rate (per M.) 1905
Population In 1900 was
1,960
Population in 1905
2,t62

|

1, '20-29
1, 1930

15000o No V.
.

Sewer Bonds—
4s,

Bonded debt Mar. 1,1905.$157,000

I

-

$20,000c.Nov.

^

A&O, $10,000 r.. Oct. 1, 1914
(Subj.ot to call after Oct 1, 1900.)

5s,

,'06-16
22 .000c Feb ,'06F&A \ $30.000c.
ffiA,|
Feb ,'17-26
A&O.
22,0000 Oct, '06-27

J&D, $37,O00o.June

1,

1909-27

($2,000 due yearly.)

-W

Glen Ridge School Dist
LOANS—

.

Fori Qswon.C

4s,

M&S. $30,000 o..8ept. 1914'28
M&S, 2.500 c. .Mar l^oB-'lO
INTEREST payable at Bank of Mon tolalr, Montclair, N.

4s,
5s,

k.

M&S, $56,000 o... Sept. 1, 1929
Bonded debt Oct. 1, 1905. $88,500

When Due.
,

GLOUCESTER
CITY.—Thos.
CamdenOountv.
This city

is

LOANS—

J Foley, Tr.

5s,M&N, $10,0000 ...1924

J&J, $18,000c... Jan. 1,1920
M&S, 18.0000 ...March, 1922
4s,J&J, 19,000 o.... Jan. 1, 1924

4s,
4s,

to

1928

($2,000 due yearly.)

5s,

.

M&N,

$8,00" c.

.

1929 to 1932

($2,ooo due yearly

Improvement Bonds—

)

J&J2, $13,000
1906 to 1913
4*28, M&N>o,«ri,000 o
Nov., 1908
($2,000 due yearly.)
J&D, 100,000 c Dec, 1919 4s J&J, »16,000 c ...Jan. 1. 1933
4s,
30.0O0 o.March, 1922 Bond, debt O t., 1905. ...$354,000
4s, M&S,
4s. J&J,
40,000 p.Jan. 1, 1924 Water debt (included)...
69.000
Funding Bonds—
Total valuation 1905 ...2,368,575
4s.'05,J&D.*50,000..June 1, 1915 Assf ssm't a >out 00%'aotual value.
WATtR Bonds—
Total tax (per $1,000) 1905.$2l-20
6s, J&J2, $20,000 c 1914 to 1923 Population in 1890 was
6,564
($2,000 due yearly.)
Population in 1900 was
6,840
Population in 1905
8,055
Interest is payable at City Hall.
4s,

I

I

HACKENSACK.—
L. \. Campbell
Bergen County. The

CWk.

This village is in
floating debt below is largely
for the construction of sewe s.
he amount will be funded. Bonds to
the amount of $135,000 awarded July 17, 1905, but were subse
quently refused as un onstltuti ,Dal. V. 81. p. 279, 1272.
When Due. Total debt Mar. 20, '05. $221,675
LOANS—
Sewer Bonds—
Assessed valuat'n, real. .4,6 1,120
4s,g., F&A, $32,000o.Feb.. 1906-13
Assessed valuat'n, pers'l 396,625
1906-1909 Total valuation 1904 .. 5,047,745
4s. A*0, 4.000
Road Bonds—
Assesm't about 30% actual value.
5s. F&A. $15,000 C.Feb. 1, 1006 08 Total tax rate (per M) 1904. $28 00
Bonded debt Mar. 20, '05 $5%250 Population in 1900 was
9,443
Floating debt
166,425 Population in 1905
11,098
I

|

F
HARRISON—
town
Hudson
This

Street renewal 4s

Water4s
Refunding

4>2B.

TownH,L4i«s
School 5s
Paving 5s
Htr< et 6s

Fire engine house 5s

HORD
K cF iN
M
XVVE>wjrs
-

Hoboken

is

in

'

J Grace.

u e

County.
$239,000 Bonded debt Jan. 1, 1905 $398,000
3".000 FloatiDg debt
206,396
66,000 Total valuation 1905... 5,723,145
16,000 Assessment about actual value.
14,000 Total tax (per $1,000) 1905..$24 20
10,0o0 Population in 1905
12,8 3
8,000 Population in 1900 was
10,596
7,000

is in

5
-

)

FRED. KAUFMANN.

JAMES

Hudson County.

11.

Comptroller.

LONDRIGAN,

J&D
A&O
M&S
J&J
M&N
413 M
4
A&O
4^ M
4*2 F
M&N
4
F&A
4
3*2 M
3% M&N
4
J&J
M&S
5
4*2 M&N

1,
1,
1,
1,
1,
1.

M&N
A&O
is

INTEREST on

registered bonds is payable at the City Treasurer's
Coupons are payable by the First National Bank, the Second
National Bank and ti>e* Trust Co. of New Jersey, Hoboken, and interest on water bonds at Water Registrar's office.

May 1,1905. May 1,1904. May 1,1903. Kay 1,1902.
Total bonded debt.... $1,601,000 $1,.'^84,500 $1,445,000 $1,424,000
14 ',892
121.152
162.892
99.192
Sinking funds
$1,43-<,108 $1,412, t,08 $1,323,848 $1,324,808
Netdebt
Floating debt
&77.812
$98,287
$78,765
$70,000
The sinking fund receives yearly a portion of the license fees and
moneys collected from assessment after certificates are paid.
The city owns parks, public buildings, a water
CITY
system and other assets amounting to over 1% million dollars.
ASSESSED VALUATION—The city's assessed valuation (about
66 per cent of the cash value) and tax rate have been as follows
Real
Personal
Total
Rate, of Tax
Estate.
Property. Assessed Valuation, per $1,000
Teart.

PROPERTY—

$24 '*0
$2.M1,765
$35,265,372
$37,777,137
3rt,07x,280
33,641,100
2280
2,437,180
23-30
32,803,900
30,617,500
2,186,400
22-90
28,222,400
26,089,800
2,132.600
24-20
25,770,900
2,020,230
27.7U1 130
2420
22,124,400
2,242,480
24,366,880
24-70
18,898,462
17,275,600
1,622,862
25-36
15,621,100
1,491,300
17,112,400
21-81
1,284.447
13.575,600
14.860,047
POPULATION— In 1905 was 65,468; in 1900 it was> 59,364; in 1890

1905
1904
1903
1902
1900
1895
1890
1887
1880

was 43,648;

in

1880

it

was 30,999;

in

1870

it

was 20,297.

This oounty oontains the cities of Jersey City,
The county seat is Jersey City.
Refunding Bonds—
When Due.
LOANS—
319s, M&N, $4i,000 r. May 1, 1922
Bridge Bonds—
4i3 s,g,M&S.100,000gc&r.8ep.l. 18 4s, g. F&\. 750 000 c.Aag.l, 1935
Public Road Bonds—
106,000. r. .Jan. 2, 1917
4s, J&J,
4i28,M&N,$100,000 c&r Nov. 1, '22
20,000. r.Jan., 1906-1
4s, J&J,
3»28, J&J, 28.000 r. July 1, 1915 4»<j8,J&J,500,000..c&r.Jan. 1.1923
98,000 r Apr 1,06-19 4Lss.J&J.25O,00Oo&r..Jan. 1, 1923
3>«8, A&O
5,000 r. Apr. 1,1920 4»2S,g,J&J, 500,000 c&r.Jan. 1/24
4s, M&N*0, 27,000 r.Nov..30, 1916 4!28,g,J&J, 600,000 o&r Jan.1,'25
4s,g.,M&8, 26,000 r.Sept. 1, 1923 4s. g, J&J, 150,000 r.Jan. 1, 1926
1,8."
4s, J&J,
r.Jan. 1, 1916 4s, M&N, 200,000 r..May 1, 1927
44,000 r. Mar. 1, 1928
4s.g ,'04,J&J,20l,000r.. Jly.l,*24 4s, M&S.
3>28. J&J, 50.000 r..July 1, 1919
Lunatic Asvlum Bonds—
4*28,J&J,$100,000r.. Jan. 1,1911 3Hs8, J&J, 52,500 r.liyi. 190^-10
($10,000 due yearly) to Jan.l, 1920 4s, J&J7, 65,000 r.. July 7, 1912
37,«00r. Oct. 1, 1923
4s. J&J, $50,000. r... Jan. 1, 1906 4s, A&O
1906
3,500 r .Oct.
($10,000 due yearly) to|J an. 1,'10 4s, A&O,
1,
'06-08
„
Jan.
6,000 r..Dec. l,'0«-*07
) $6,000 r...
,„
T
T
$
4s
TAD
48,j<su,}
<J8, j<bj,^
i,000r ...Jan. 1, 1909
3,206 r.. Doe. 1, 1908
Dcc.1,1912 312$. F&A, 16,000 r A«g. 1, 1911
.
4s, J&D, 50,000 r.
30,000 r July 1,1913
4s.g'05 P&A,75O,OO0c.Aug. 1, '35 4s, J&J,
Snakk Hill Purchase Bonds— 4s, A&O, 10,000 r.. Oct. 1, 1913
413s. M&N, $73,000 r. .Nov. 2, 1911 4i.g.,'04. J&J, 150,000r Jlv. 1, '14
4s, 01, J&J, 10,000 r..l ul v 1, 1906
Sailors' & soldiers' grave
4s,'0t, A&O, 26,000 r Oct. 1, 1914
BONDS
4s, A&O, $12,000 r.. Oct. 1, 1907 4«, '04, J&J, 3',000 r.July 1, 1924
4s '05, F&A, 38,000. .Aug. 1, 1935
Judgment Bonds—
4s, J&D,
$7,982 r. Dec. 31, '05 4s.' 5,F'A,1 00.000. Au S'. 1,1915
BU1LOING Hondh
4,809 r.Apr. 1, 1906
4s, A&O,
4s. '04, J&J. 10,070 r..Julyl, 1906 4s, M&S, g., $150,000 Mar. 1, 1944
4s, '04, M&S, H5.000.8ept 1, 1944
Park Bonds—
4s, i,., M&N, «500.000c. Mayl, 1954 4s,'05, M&S, 65,000 r Mar.l, 1945
HonoKE' Extension—
4s,g,'04,M&N,800,000o..Nov.l,'54
A&O. $65,000 r. Oot. 1, 1929
4s,
3128, A&O.
12,500 r. Oot. 1, 1929
INTEREST is payable by the First National Bank, Jersey City, N.J.
TOTAL DEBT, Etc.—The bonded debt Deo. 1, 1901. was $n,460,776 On Deo. 1,1904, the sinking fund was $1,020,969 and the net
uebt $5,439,807.
ASSESSED VALUATION and tax rate have been as follows
Assessed Valuation
Tax rate
Railroad
Personal.
Total.
Tears.
Real.
per M.
1905. ...$186,332,312 $20,503,518 $33,902,818 $240,738,018
196,436.982 $6-02
1904.... 177,174,837 19,262,145
186.039.90o
6-49
1903... 169,470.729 18,5«9.171
5-52
180,825,890
1902.... 162,524,255 18,301,635 .. L
5-40
172,928,511
1901.... 157,487,319 15.441,162 ...
5-53
1900... 154,731,840 14,396,050
169,127,890
1899.... 147,617,758 12,672,206
160. 89,964
598
5-80
147,307.903
1894... 135,386,022 11,921,881
5-60
133,495,054
1892.... 123.387,636 10.107,418
POPULATION.— In 1905 was 449,879; in 1900 it was 386,048; in
1890 it was 275,126; in 1880 it was 1 87,944; in 1870 it was 129,067.
,

.

:-?,

Water Bonds— (Con.) —

When Due.

Sewer Bonds—

4
4
4
4
4
4
4

Mch

.

J.

Incorporated April 17. 1868.

in

4*2

1918
$312,000
1917
50,000
Aug.
1907
45,000
July
1910
100,000
Mch
1917
90,000
June
1918
13.000
April 22. 1908
35.000
Mar. 1, 1934
140,000
Mar. 1, 1917-1926 100.000
Nov. 25, 1913
35.000
& N Nov. 1, 1910
20,000
Oct 1,1917^
25,000
& N Nov. 1, 1907
13,000
& A Aug. 1, 1908
7,000
Aug. 1, 1909
10,000
Feb. 1, 1919
75,000
& N
Nov.15,1931
196,000
Nov. 1, 1932
15,000
Jan. 1,1935
52,000
Sept. 1, 1910
60.000
Nov. I, 1912
24,000
1924
15,000
May 1, 1928
150,000
50.000
Oct. 1. 1928
1915
10.000
$1,000; Bis $5,000; Cis $10,000;
Dec.

>,ror.

Sewer Sonds— (Concluded.)—

When Due.

Bonds—

4

CM
HUDSON CO.— Stephen M. Egan,
Hoboken and Bayonne.

Brewer, Mayrr

in

is

Principal.Outstand'g.

When Due.

office.

it

Nutley.

LOANS—

J&D
J&J
F & A
J&J
J&J

4

D is $500.

Bank, Newark.

FRANKLIN.—See
RIDGE.— A K
GLEN
This borough
Essex County.

—

TOTAL DEBT. Etc-

Oolleotor.

Hospital Bonds—

When Due.

LOANS—

City Loan. 1898...
Library bonds,1897o
School-house. 1887. r
do
1890. c&r
1897. ...0
do
do
1898. ...c
1903. ...r
do
1904
do
Sewer bonds, 1897...
1903. ...r
do
Water bonds, 1890.... r
Engine house.! 897.... r
Fire house, 1892... r
1893... r
do
do
1894... r
Refunding, 1899..

A
do
1901 r
A
do
1902. r
A
do
1905. .r
A
City Hall, 1880..
Police Dept., 1892. c
A
4
A Refunding bonds
A Repaving bonds, 1898-0 4
A&B Paving bonds, '98 r&c 4
4
Paikbonds
PAR VALUE OF BONDS— A

CONKLIN, Auditor.

L.

W. BOOTH, County

Interest.

-

A
A
B&C
A&B
A
A
A
D
B
A

[Vol. lxxxi.

Bate. Payable.

NAME and PURPOSE.

B

All

This city is in Bergen County. Incorporated
bonds are tax exempx.
When Due. Bonded debt Hay, 1905 $106,375
School Bonds—
*250 C.July, 1906-'07 Assessed valuat'n, real. .4,922,400
J&J,
5s,
3*28, J&D, 65,000 c.June 1, 1930 Assessed val., personal.. 495,700
3J28.M&N 18.000 c. .May 1, 1932 Assessed valuation 1904.5,4.18,1 00
4s, '05, M&S, 75,00».8ept. 1, 1935 Assessment about actual value.
Tax rate (per $1,000) 1904. $22-20
Fike House Bonds—
6,253
3*28, F&A, $8,000 c.Feb. 1, 1910 Population in 1900 was
7,922
Mayl, 1932 Population in 1905
3^8, M&N, 15,000
is payable at the First National
INTEREST on $250 school bonds and
$18,000 school at the U. S.
Bank, Jersey City; on the $15,000 tire
Mort. & Trust Co New York City; on all others at the Citizens' Nat.

r-,c*~T^v s^/^,
OQJ. —
ESSn.JV

::

JERSEY-CITIES AND TOWNS.

ASSESSED VALUATION, TAX RATE, ETC.-

tt-tvi/^t

5

Clerk.

I

TCDCUV

Jiir-lSti I

/"•TTV
Ol 1 I

—

5

MARK

M.

FAGAN,

Mayor.

4EORGE R. HOUGH. Comptroller.
Jersey City formerly suffered greatly from dlffloulty in collecting
taxes and assessments. On February 13, 1900, the citizens authorized the purchase of a water plant for the num of $7,595,000.
V 70, p. 344. A contract was signed In 1899 with Patrick 11 Hynn
(subsequently assigned to the East Jersey W*ter Co. and by them
to the Jersey City Water Supcly Co.) to build the water works, the
same to be completed by Deo. 25, 1903. The time was further extended to March I, 1904, but it was not until Nov. 16, 1901, that the
contractors wrote the oity that the plant bad been complete!. The city
has paid nothing on this pla (, mil has two yean in which to test
its workings before accepting it. Jersey City Is In Hudson County.
.

\

—

rr

-

^

NEW

Nov., 1905.]

LOANS

—

Interest.

-

NAME AND PURPOSE

1902

1903
do
1902
Bath,
Fire Department
do
do buildings
do
do
1905

5

4
4i«g
3»a

4g
4g.

4

1892
do
do
1891
1897
do
do
Police Department, 1 901
Police stations,

r

4

r

5
4ia

r

1,
1,

1

4
4
4
4

May

f

3^

3^1

Sept. 1, 1923

z$700,000
1924
3000,000
J & J July
1913
u550,000
F & A Feb.lO,'06tol2 *70,000
J & J Jan. 1,*13 to'22 *200,000
J & J Jan. 1. 1923
3f.0.000
'20.000
F & A Feb. 1.1906O7
M & N May 1, 1927 1 150,000
J & D June 1, 1920
125,000
A & O April 2, 1910
130,000
A & O April 1, 1934 t49(),000
M & N May, 1927
100,000
M & 8 Mar. 1, 1932 1 100,000
D
Deo. 1, 1932
J &
60,000
M A 8 Mar. 1, 1933
25,000
M & S Mar. 2, 1933
50.000
June 1,1906-14
9,000
June 1, 1915
500

5g5g.

r

POPULATION.— 1»

-Principat.-

M& 8
M& N

5g.

¥

r

JERSEY-CITIES AND TOWNS.

When Due. Outstand'g

Rate. Payable.

Refund, assess. l>'ds, 1893. c&r
do
do
1894.. .c&r
City government, 1872
r
part c&r
City Hall, 1891
1894
do
r
1894
do
c&r
1896 and 1897....
do
Refunding, 1897
c&r
ltOO
do
r
1900
r
do
1904
o
do
1897
c&r
Park,
1902
do
<3o

:

O

Apr. 1,1906-09
J July 1, 1935
J Jan. 1, 1909
J Jan. 1.1906-7

cfe

&

&

*4,000
30,000
* 20,000
"10,100
17.500
*30,000
*5,0>0
1207,000

J P'eb. 15, 1910
M^rH
iv±<BB}5 Sept. 1,1910-12
.r 4
sept. 1,1913
May 1, 1931
Funded debt bonds, 1901. .r 4g.
1904 4
& A Feb. 1, 1934
Funding bonds
465,000
Assessment bonds,1876 .o&r 7
& J Jan. 1, 1906
z300,000
do
1891.. ..r 5
& O Apr. 1,1916 zf 1,469,000
Floating debt,
1879. c&r 6
& A Feb. 1,1909 1,353,000
Maturing bonds, 1880. ...r 6
& D June 1, 1910
t450,000
do
do
1892....
& J Jan. 2, 1922
5
t200,000
Differences, &c,
1881. ...r 5
& O Apr. 1, 1911
1150,000
*7.600
1897.. ..r 4
Street lighting
& J July 1, 1906-7.
Jan 1,1906 10 *12,500
.
do
do
..1900. ...r 3*2 J * JT 5
Jan. 1, 1911
"1,991
4

r

. .

.

M&N

.

I

do
do

do
do

..1901.o&r

3»9

at «
x,
M

a
B

5

Sept

1,

1906-10

"10,0(

1,1911
-2,1b
4
1, 1915
38,793
Publicdok
4
J & J
Jan, 1, 1916
6,100
Public library bonds 1898 c 4g. A & O
Apr. 1, 1928
1 150,000
do
do
.1900. r 3*2 A & O Apr. 1, 1928
t7.T.OO0
Tax arrearages, C. RR. of N.J. 3^ J & J Jan. 1,1907
1551,000
(Subject to call upon 10 days' notice.)
do
1901
4g.
M & N May 1, 1906
1600,000
Improvements, 1874
r 7
J & J Jan. 3, 1906
60,000
Pub. schools 1897
c&r 4
F & A Aug. 2, 1927 t200,000
do
1898
r 4g, F & A
Aug. 1, 1918
1 100,000
do
1900
r 3i* J & J
Jan. 2, 1910
155 000
do
1903
4
Dec 1, 1905
23,625
do
1901
May 1, 1931
r 4g.
118 -',000
do
1903
4
May 1. 1933
1100,000
do
1903
r 4
J
June 1, 1933
1 25.000
do
1904....
r 4
J & J July 1, 1934
1C 0,000
do
1905
4
J & J July 1, 1935
250.000
Sewer, 1904
4
& 8 Sept. 1, 1934
198,500
Joint outlet sewer
4
On demand
18,0
do
do
3*3
On demand
113, 25
Streets and sewers, 1892 .c&r 5
J & J Jan. 2, 1922 tz548,000
Refunded ass' m't bds. 1905.0 4
J & D June 1, 1935
600,000
Water loan, 1875
r 7
J & J Jan. 1, 1906
a60,000
do
1876
M & N Nov. 1,1906 a61,000
r 7
do
1878
M & 8 Mch.26,1908 a47,000
r 7
do
1873
c&r 7
M & N May 1,1913 a500,000
do
1877
c&r 6
J & J July 1, 1907 a255,000
do
1879
c&r 6
F & A Feb. 1, 1909
a50,000
do
1879
c&r 6
J & J July 1, 1909
a50,000
do
1883
o&r 5
F & A Feb. 1. 1913 ta525,000
do
1891
c&r -5
A & O Apr. 1, 1916 1586,000
do
1891
o&r 5
J & D June 1, 1921
350,000
do
1892
o&r 5
J & J Jan. 2, 1922
1248,000
do
1893
c&r 5
1200.000
J & J Jan. 2, 1923
do
1895
r 413 J & J Jan. 2, 1925
U79.000
do
1899
J & J Jan. 2, 1929
1100,000
r 4
do
1S03
400,000
4g. M & S Sept. 1, 1932
do
1904
M & S Sept. 1, 1934 127,084
4
Water Pipe 1904
4
M & S Sept. 1, 1934
77,(00
Retund'g Water Bonds, 1902.C 4g. A & O Apr. 1, 1932 11,175,000
do
do
do
1902.0 4g
500,000
S sept. 1, 1932
do
do
do
1904.0 4g. A & O April 1, 1934
1250.000

A&O

)

Sept.
Oct.

. .

.

M&N
M&N
&D

M

1890

Past due, not presented tor

Improvements
Funded debt
Morgan Street dock

payment-

1,750

7

May 1, 1897
2,000
7
June 8, 1900
2,000
7
a $1,000 each.
t Secured by special sinking fund.
s Wholly in sinking fund.
z These are assessment bonds.
* Principal and interest paid by a special taxlevv.
INTEREST is paid by the Merchants' Exoh. Nat. Bank of New York.

TOTAL DEBT, Etc-

May

General account debt
Assessment account debt
Temporary loans

Improvement

1,

Dec. 1, 1904.
$8,117,307 86
4,217,000 00
830,3 >3 58
575,751 42

1905.

$8,488,71341
4,217,00000
163,90'i 15
550,867 78

certificates

Tot. liabilit'a (exclud'g water debt). $13,420,487 34
Cash In City Treasury
Cash and bonds held in sinking funds $2,760,033 54
Taxesdueand unpaid
Assessments due and unpaid
City property
5,229,040 00
Other items

$13,7-10,452 86

Total resources
Water debt (not Included above) . . $5,546,000 00
Water sink.fund(not included above) 1,075.410 54

$15,901. 4«8 32
$5,546,000 00
1.010,955 74

$573,405 69
2,574,937 67
4,968,603 74
2,094,876 18
5,229,040 00
460.635 04

.

Netwaterdebt

SINKING
In the oity's

_

$4,470,5«9 46

$4,505.044 26
FUNDS—The sinking funds, all of which are invested
bonds and certificates, on Dec. 1, 1904, were as follows
Cash.

,

General sinking funds $166,741 02
Water sinking funds... 69,509 74
Total

$236,250 76

ASSESSED VALUATIONReal.

1905..$97,8''5,690
1904.. 93,441,985
1903.. 88,^38,220
1902.. 88.328.970
1900.. 84,552.605
1895.. 81,968,790
1890.. 73,059,265
1886.. 61,894,739
1880.. 54,122,875

Securities.

Total.

$2,40«,196 65
971,446 00

$2,574,937 67
1,040,955 74

$3,379,642 65

$3,615,893 41

Assessed Valuation.
Personal.
Railroad.

Total.

Tax Rate
per $1,000

$12,730453 $23,885,160 $134,491,303
12,163,360
11,966,?46
12,22i,096
8,772,395
7,370,832
5,898,150
4,985,200
5,343,815

105,605,345 $27-40
27-50
1( 0,9' 4,466
27-80
100,550,028
28-20
93,325,000
27-50
89,339,622
26-40
78,957,415
29-40
66,879,939
2800
59,466,690

was 232.699;

1905

it
it

in 1880

in 1900 it was 206,433; in
wasl20,722; in 1870 it was 82.546.

Burton
KEARNY.—
Hudson
town
This

LOANS—

Can field, Treasurer.

E.

County.
When Due.

Is In

Refunding Bonds—

Funding Bonds—

J&D, $90,000 c. June 1, 1925
Fire Deiaktment—
4s, MAN.
FA A, $1,000 r... Aug. 1,1906
1908
5s,
c.Aug.
1,
4k>s. F&A, 12,000
412s, F&A, (,0,000 c Aug 1, '13-28 4»«8.MA8, 1,000 r Sept. 1, 1908
4a, M&S, 1.000 r Sept. 1, 1909
($15,000 due each 5 years.)
4s,

.

$90.000oNov l,1906-'ll

4k s, F&A, 64,000 C.Aug. 1. '06 13
4^s,'05.JA>>,iv:d,000. June 1,1920

4s,

M&N,

10,000 C.Nov. 1, 1910-30
($2,000 each 5 years )

IMPROVEM ENT—
7*', 000. Aug. 1,1930
4s. FAA, $%000c ...Feb. 1,1906
School Bonds—
"is, F&A.
$500 r.... Feb. 1,1907 4^8, MAN, 40,000c. Nov. 1, 1907
Water Bonds—
5s, J&D.io 2,000 c... June 1,1906
5s, MAS,
4,000 c... Sept. 1,1906 6s, A&O, $58,000 c&r. .Oot. 1, 1917

4H.s,'05,F&A,

J&D16, i.OOOc. Dec. 16, 1906
June 1, 1907
2,000 c
1 8,
2,000 o. Aug. 1,1907
5s,
4,000 c... Sept. 1, 1907
1907
2.C00 c. Oct.
5s,
5s, M&N,
3,000 o. May 1, 1908
5s. J AD,
2,000 0. June 1,1908
4iss.M&S, 6 000 c. Sept. 1,1908
4s, MAS.
6,0<'0r. 8ept.
1909
000 r. May 1, 1910
4s, MAN,
4s, J&D,
June 1,1910
2,000 c
4s, J&D,
4,000 o. Sept. 1,1910
4s, F&A,
Feb. 1, 1911
1,000 c
4s, M&N,
1,000 o. May 1, 1911
5s,
5s,

JAD,
F&A,
MAS,
A&O,

1

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

,

A&O, 30,000 c.Oct. 1, 1917
A&O, 8,000 r... Oct. 1, 1919
A&O, 5,000 r.. Oct. 1, 1920
A&O, 13,000 r.... Oct. 1, 1918
Feb. 1,1929
FAA, 10,000

Bonded debt Oct. 1,1905. $792,500

Floating debt.
39.833
Total debt Oct. 1, '905 .. 8^2,333
Sinking fund assets
61,235
,
Water de.t (included)... 124,000
Assessed valuation, real. 7,324,^63
Assessed valnat'n, per<s'l. 66'<,975
Total valuation 1905
7,988,638
Total tax (per $1,000) 1905. $2080
18,000 c.Fb.1,'11-16-21 Population in 1900 was
10,896
48, F&A. \
14,000 c. .Feb. 1. '26-31 Population 1905
13,601
INTEREST on refunding bonds due 1925 is payable at the New
Jersey Title Guarantee & Trust Co. of Jersey City; on all other issues
at the West Hudson County Trust Co. of Harrison.
1

1

WALTER

LONG BRANCH.—
Monmouth
This city

is

B. B.

REED,

8.

NEWCOMB,

Comptroller.

Clerk.

Co.

in

LOANS—

When Due. Tax

rate (per $1,000) 1904 $19-80
Population in 1905 was
12,183
48,g.,'05,J&D,$150.000oJunel,'35 Population In 1900 was
8,872
Schoo DiU. Bonds
When due.
Moud. debt July, 1905.. $420,000
Tax valuation, real
10,661,150 4^8, M&S, $19,000 Pept. 1,1912
Tax valuation, personal 932,138 AUs
r*T $ 19,000. Jan, 1, 1923
4iiS,J&J,
£ 18,000.. Jan. 1,1933
Total valuation 1904.. 11,593,288

Beach and Park Bonds—

MERCER
County

CO.— Edward

LOANS—

When Due.

seat

is

Mount,

P.

Collector.

Trenton.

Armory Bonds—

Bridge Bonds—

$25.000c. Dec. 2, 1916
1906-09
Renewal Bonds—
1906-07 4s, JAJ, $25 000o.... July 1, 1923
5s
4s, J&J, 30,000.1 ....Jan. 1, 1923 4a. '0*. 15 OOOr
1924
..8, '04,
1923 4s,'04.JAD, 0,000.... eo. 1, 1924
19,800 r
May,
MAS,
14,000r
...
Mar.
Bond
debt
1905..
4s.
1,1924
$669,300
4s,'05, M&S. 54,900.. Sept. 1, 1925 Floating debt
270,500
Road Impt. Bonds—
Total debt May, 1905...
939,800
$20,000c. Dec. 1, 1905 Assets and cash on hand 131 ,442
4s,
($10,000 due yearly) to Deo. 1. '06 Tax valuafn, real
44,486,810
4s, AAO, $50,000 c.Oct., 1906-10 Tax valuation, person'l. 10,645, 494
4s, J*D, 100 .OOOr... June 1, 1933 Total valuation 1904.. .55,132,304
61,000r
1933 Tax rate (per $1,000) 1904.. .$6-00
..s '03,
48.'04,J*D,18,O0Or..Dec. 1, 1934 Population 1905 was
110,516
Building Bonds—
Population in 1900 was
95,365
c
3ks, A&O. $228, -00 &rApr. 1, '41
4s,
F&A, 20,000 -.Feb. 1, 1944
'04,
3,000r
1944
..8,
5s,....,

...

$20,000".Feb.
10.OO0c.Feb.

,

1,
1,

t

,

MIDDLESEX
CO.— David Serviss, Collector.
New Brunswick.
County
seat is

LOANS—

Renewal Bonds—

.

M&

was 163,003;

it

67

4s,

JAJ, $30,000

r..

Road Bonds (Con.)—
48,'04,JAJ,$48,000r. Jan. ,1912-21
(See Y. 79, p. 118 for maturity.)

When Due.
1906-1911

($5,000 due yearly on Jan. 1.)
3i«s
TAT 5$15,000r.J»n.l.'12-14
d^8,j<sj,
^
4,000 r. Jan. 1,1915
18,000r. 1916-5 919
3*as, J&J,

\

^

* 500

-

Jan 1 1921
-

'

15,000 .Jan., 1922-36
43,000 r... 1932-1935

A&O,
Bridge Bonds—

4s.

8,00. <r... 1920-1921
r... 1917-1924

J<J,
JAJ,

4s,
4s,

4s u*,j<»j,
04 T&J
48,

3if8,JAJ,$149,900c&rJan.l,'22-'31
Bonded debt Oct., 190 >. $105,600
Assessed valuation '05 38,548,290
County tax (per $1,000) If 01.$6-80
Population In 1905 was. .97,036
Population in 1900 was
79.762

9,000

Road Bonds—
1906-1912
3^8. JAJ, $5,600 r
3^8,F&A, 25,200 r.Feb. 9, 1906-'ll

. .

A&O,

34,400r. Apr. 1,1906 13
INTEREST is payable at the Co Collector's office, New Brunswick.
TAX FREE.— All bonds issued by this county are tax exempt

4s,

M1LBURN TOWNSHIP.—John

F.

Gent-

zel. CleTk.
This township

is

in Essex bounty.

LOANS—

Sewer Bonds—
4^s, M&S,
4^8, M&S,

When Due. Total debt

Oct., 1905.... $214,500
Total valuation 1905
2.040.C0O
Tax rate (per $1,000) 1905 $27 00
Population in 1900
2,837

+70,000 c.Sepr. 1, '23
70,000 c. Sept. 1, '33

4138, '04, MAS, 35,000. Sep.1.1934
... ,$39,500
School 4s,

Population in 1905 was

MAN

($2,000 yearly.)

INTEREST on sewer
New York City.

bonds

payable at U.

is

S.

Mortgage

3,182

& Trust

Co.,

d d DUNCAN, Mayor.
ULAm. —Essex
SILAS STUART.
Incorporated

)\/rr^Xr r1rr, T A TT3
IV1VJ1N
This town is situated

S

-

-

Treasurer.

$

County.

in

1894.

All

bonds are tax exempt.

LOANS—

Railroad Bonds—

When Due.

\

Renewal School Bonds-

JAJ, $10 >,O0Oc.Julyl,'32
Bond, debt Oct. 1,1905.. $495,500
Floating debt
118,000
Total debt Oct. 1, 1905.. 613,500
Sinking fund
50,233
School Bonds
Net debt Oct. 1, 1905.... 563,267
5s, MAN, $16,000 c
1906-1921 Tax valuation, real
10.265,279
4s, g„ M&S, 18,000, c. 1906-1911 Tax valuation, personal. 1,9C 4,800
($3,000 due yearly on Sept. 1.)
Total valuation 1905... 12. 170,079
3^8, g. JAJ, 8,000 c..J'lyl,'0«-'13 Assessment about *q actual value.
5s.
MAN, 27,500 c.May 1, 1913 Tax rate (per $1,000) 1905. $29-80
Fire House Bonds—
Population in 1905 was
16,370
3ifl8,_g A&0, $40,000 c.Apr.1,19^1
Population in 19o0 was ..13.962
INTEREST on the railroad bonds is payable at the office of the
Mutual Beuetit Life Insurance Co., Newark, N. J.; on the $100,000 of
sewer bonds at the National Shoe & Leather Bank of New York City;
on all other issues at the Bank of Montclair, Montclair. N. J.

MAN, $40,000 c. Nov.l, '06-'09
M&N, 135,000 c.Nov.l, 1910-18
Sewer Bonds—
5s, M&N, $100,000 c.May 1, 1913
5s,
5s,

1

I

|

I

3^ss, g..

—

NEW

68

r.

the county seat.
When Due. Assessed valu'n, real.* 25,867,813
LOANSRoad Bonds—
Assessed val., pers'l... 4,607,492
4s, g., ....,*400,000c
1935 Total valuation 1904 30,475,305
(Subject to call after 1905)
County taxiper *1,000)1904.$1-04
Bond, debt May 9, 1905 $400,000 Population in 1900
6%156
Floating debt
67,934
35,900 Population In 1905
Sinkingfund
6,500,
INTEREST is payable at the Morrla town Trust Co.
JCfj^t.. i.lnr^.

Morristown

I

NEWARK.-J.
H Hacheller, Compt
tax exempt.
Newark
bonds
Essex County.
Vailsburgh annexed Jan.
— When Due
LOANS—
NAME OR
ol<er.

All

situated In

1,

Interest.

.

,

Rale. Payable.

M&S
J & J

Principal,
Outsland'g.

Mch.24, 1906 $126,000
Jan. 1, 1931 1,000,000
500.000
J & J Oct. 1, 1932
300,000
J & J Jan. 1, 1932
& 8 Mch. 15, 1923 1,500,000
J July 1, 1906
158,000
F & A Aug. 1, 1908
700,000
June 1, 1910
500,000
Apr. 10, 1908
620,000
A & O Oct. 1, 1917 200,000
Junel, 1916
100,000
Aug. 8, 1918
100,000
J & D Dec. 1, 1929
300,000
J & J Oct. 1, 1932
100,000
May 1. 1933
100,000
1933
J & D
15,000
Apr. 1, 1934
200,000
A & O Apr. 1, 1955
370,000
(Subject to call after Apr. 1. 1945.)
1905 r3hi M&N Nov. 1. 1955
250,000

Annexation
1886 4
City Hall bonds
1901 3%
do
do
1902 313
City Hospital bonds
1902 312
City improvement refunding.. 4
City tax
1886 4
Corporate
1878 6
1880 5
do
Intercepting sewer
1888 4
1897 3-35
School bonds
do
1896 4
do
do
do
1898 4
do
do
1899 3*2
do
1902 312
do
do
do
1903 3V,
do
do
r3!2
19f4r4
do
do
do
do
1905 r3*«
do

are

1905.

PURPOSE.

do

[Vol. lxxxi.

NEW BRUNSWICK.—

:iLLMAN,

Is

This city

,

is

c

JERSEY-CITIES AND TOWNS.

MORRIS COUNTY.-^6^B S^Sto
Board Chosen

9

:

M
J&

J&D
A&O
J&D
F&A
M&N
A&O

is

situated in Middlesex County.

LO A N S—

When Due.

—

Bonds are tax exempt.
When Due.

LO A N SSP
Sinking

Sinking Fund Bonds
Fdnd Bonds— (Con.)
J&J,' $75,000
Jan., 1906 3»*s, M&N, $13,000
Nov., 1925
M&N, 12.000
May, 1907 3^8, M&N, 1,500
Jan., 1926
M&N, 10.000 ....Nov., 1908 3*28
,15,950
Apr., 1926
M&S, 40,000.... Sept., 1917 3Hs,
1,925
Feb., 1927
4^8, A&O, 95,000
Oct., 1919 3128
12,566
«ug., 1927
4148. MAN, 65 000
Nov., 1920 3»s8,
,11.600
Dec, 1927
4Hs, M&N, 68,000
Nov., 1921 3^28
,15,000
May, 1928
4s,
M&N, 10000
Nov., 1921 ->*2B,
,20,766
Nov.. 1928
M&N,
4s,
May, 1922 3Vbb, M&S, 48.000 r... Mar. 1.1929
201,000
4 s,
M&N. 97,000. . Nov.. 1922 6s. Impr. bonds, 13,500. ..1905-08
M&N, 110.000
4s,
May, 1923 Library 4s,
12.000 .Sept., 1932
31.28, M&N, 24.000
July, 1923
Repavkment Bonds 3i a s, M&N, 29.000
Aug., 1923 4s. M&S, $50,000.. Sept. 1, 1932
4s,
M&N, 62,000
Jan., 1923 Bond, debt Apr. 1, '05. $1,245,707
3^s,M&N, 20.000
Nov., 1924 Sinking fund and cash.
39^,467
2.000
3»fl8, M&N,
Feb., 1924 Nftdebt Apr. 1,1905..
8»9,240
3^8, M&N, 48,000
Mar., 1924 Assessed valuat'n, real 8,007.481
3^8. M&N, 25,000
Nov., 1924 Assessed valua'n, pera'1.1,756,821
3^8, M&N, 5,300
Dec, 1924 Total valuation 1«04 .. 9,764,302
3>ss, M&N,
3,375
Feb. 1925 Tax rate (per $1,000) 1904.S26-20
3^8, M&N, 4,350
Apr., 1925 Population in 1900
20,006
3128, M&N,
3,375
July, 1925 Population in 1905
23,133
INTEREST on Library and re-pavement bonds is payable at the
Brunswick Trnst Co., on all other bonds at the National Bank of New
Jersey, New Brunswick, where principal will be payable at maturity.
6s,
4i«8,
3s,
3s,

,

NQTLEY.-

5 C3AS. H. K.IERSTEAD, Treasurer.
P.KAUFMANN, BooRkeeperJand Auditor.
I
This own, located In Essex County, was formerly the township of
Franklin. Name and government changed by Legislative Act of 1902.
When Due.
Refunding Road Bonds—
LOANSWater Bonds—
4s, A&O, $42,000 r.. Apr. 1,1915
4s, M&N, $47,000
.Nov. 1, 15125
Road Bonds 58, M&N.
5,000 r.. Nov. 1. l»0(j 5s, M&8, $6,000 r...Mar. 1, 1906

MAX

Nov. 1, 1945.)
«fe
S Mch. 1, 1909
180,000
S Mch. 1, 1907
30,000
Mch. 1, 1909
270,000 4i«8, F&A, 2,000c. -Feb. 1,1911 4s,'04,A&O,5,000c..Apr. i, 1914
Apr. 24, 1906
500,000 4»ss,A&0, 3,000 c. Oct. 15, 1911 Bond, debt May 1, 1905. $154,000
Aug. 5,1915
100,000 4V>s,'05.M&S,9.000o. Mar. 1, 1915 Floating debt
25,570
July 1,1906
66,000
Sidewalk BondsTotal debt May 1, 1905.. 17^»,570
July 1,1907
86,000 4»sb, F&A, $5,000 o. .Aug. 1,1908 Water debt (included).
63,000
July 1,1908
88,000 4%s M&N, 5,000 c -Nov. 1, 1908 Total valuation 1905. ..1,919,400
July 1,1909
89,000 4128, FAA, 3,000 c. .Feb. 1, 1910 Total tax (per $1,000) 1904.$32 20
July 1,1910
87,000 4 »«8, F&A, 11,000
Feb 1, 1911 Population in 1905 was
4,556
J & J July 1,1911
75,000 4i«8, A&O, 8,000 . Oct. 15, 1911 Population in 1900 was
3,682
J & J July 1,1912
67,000 4%s,'05,M&S,3,OOOo Mar. 1, 1915
J & J July 1, 1913
57,000
50,0()'i
J & J
1906
( WILLETT B. GANO, City Clerk.
J & J Jan. 1, 1932
500,000
<F. G. COUGHTRY, Chairman Fin. Committee.
-•..«.'<«.*_..
M&N19 May 19, 1954
100,000
< CHAS. G. MElGd, Collector.
Aug. 1, 1954
450,000
Orange is situated in Essex County.
Nov. 1, 1995
250,000
(Subject to <all after Nov. 1, 1945 )
When Due.
Sewer Bonds.— (Con.)—
LOANS—
Public Library
1897 4
Sewer Assessment Bonds—
5s, J&J, $60,000
J & J June 1, 1927
300.000
Jan. 1, 1915
do
1901 3i« J & J Jan. 1,1931
($15,000 due y'rly) to Jan. 1, 1918
50,000 4s, J&D, $25.000. ...June, 1906-09
Old bury'g ground lease.. 1899 3>s A & O Apr. 1, 1909
City Hall Bonds—
5s, J&J, $80,000
25,000
Jan. 1, 1919
Waterdebt
7
Aug. 1, 1906
($20,000 due y'rly) to Jan. 1, 1922
50,000 4s. J&J. $40,000 ..July 1, 1932-39
do
1879 5
May 1, 1909
Street Assess, arrears—
5s, J&J, $50,000
100,000
Jan. 1, 1923
do
1891 5
($5,000 due y'rly) to Jan. 1, 1932
S Sept.15, 1911
70,000 4i28,A&0, $4,050. .Apr., 1906-08
4i28,
do
1885 413 F & A Feb. 1, 1915
1,500.. Mar., 1906-08
....,$125,000.. .1915 to 1921
200.000 41b8, M&8.
4i28,
do
1885 4^!
Nov. 1, 1915
Tax Arrears—
150,000... 1904 to 1914
15,000
4i»s,A&0,
do
1888 41a
Apr., 1906 4s, J&D,
8 Mch. 1, 1918
$1.000
20,000
50,000... Junel, 1919
do
A&O,
1888 4
Apr., 1906
Dec. 29, 1908
32,000
($10,000 due y'rly) to June 1,1922
20,000 419s,
do
1890 4
School House Bonds—
J
Dec. 31, 1910
20,000 4128, M&S, 12,000.. Mar., 1906 08
do
1884 4
Oct. 1, 1914
30,000 4ia8, A&O, 35,000. .Apr., 1906-10 4i28,M&N,$10,000.Nov. 1,1906-07
do
42,000.Apr.l,1906O5>
4ias,
1886 4
Aug. 1, 1916
A&O,
4s.
J&J, 62,000.. .1913 to 1918
12,000
do
1887 4
Apr. 1, 1917
($10,000 yearly on July 1.)
15,000 4s, J&J, 49,500. July 1,1906-13
do
1892 4
Feb. 1, 1922 2,450,000 4s, A&O. 58,500.Apr. 1, 190S-14 4s T&I > $40,000.. July 1.'24-'31
48, j<sd,} 62,000 ..July
do
Sewer Bonds—
,.1892 4
May 1, 1922 4,000 000
1, 1932
do
1892 4
Oct 10, 1912
20,000 6s, F&A, $57,000.1929 to 1933 4s,*04, J&D, 125,000 C.Dec 1.' 34
do
1893 4
5,000. June 1, 1922 4s, '05, J&J. 15,000. July 1, 1935
Nov.15,1913
55,000 5s, J&D,
do
1895 4
Water Bonds—
Aug.21,1915
40,000 5s, J&D, 250,000. June 1, 1923
do
1896 4
A <te O Oct. 20,1916
($25,000 due yly) to June 1, 1932 5s. A&O, $344,000. ...Oct. 1. 1912
40,000
do
1897 4
Jan. 1,1906 4s, F&A. 90,u00..Aug.,'24to'29
F & A Aug. 1, 1927
100,000 5s, J&J, $20,000
do
1899 4
ASSESSMENT BONDS—
Oct. 12,1919
20 000
($5,000 due y'rly) to Jan. 1, 1909
do
1900 4
Aug. 1,1920
20,000 5s, J&J, $16,000. .Jan. 1, 1910-11 4s, J&J, $16,000. .Julyl, 1906-13
do
1900 4
Nov., 1922
2,000,000 5s, J&J, 20,000. .Jan. 1, 1913-14 4e, A&O, 18,000.Apr. 1, 1906-14
do
1901 4
S Sept. 1,1921
20,000
INTEREST on all bonds is payable at the Orange National Bank of
do
1902 4
Oct. 1, 1922
30,000 Orange.
do
1903 4
July 1, 1923
30,000
TOTAL DEBT. Etcdo
190tr3»«
Aug. 1, 193 1
100,000
Apr, 1, '05. Apr. 1. '04. Mar. 25, '03. Feb. 20. '02.
do
1905r 3»*
May 1, 1955
490,000
Total municipal debt. $1,799,300 $1,638,600 $1,688,000 $1,622,800
Subject to cab alter Mav 1, 1945
320,538
300,794
287,312
256,729
Storage reservoir..
1905r 3^
Apr. 1, 1955 1,950,000 Sinjdng funds
Subject to call after May 1, 1904
Netdebt
$1,478,762 $1,337,806 $1,400,688 $1,366,071
Market
1891 4
Apr. 1, 1911
335,000
Water debt (Included
Vailsburq Bonds— Annexed Jan. 7. 100;.
above)
$434,000
$434,000
$434,000
$434,000
Sewer
413 J & J
1984
14^,000
Float'g debt (addlt'l). $189,691
$247,177
$129,000
$123,300
do
1934
o 4^
10,0
Water
.0 4»« A & O
1913
20,000
CITY PROPERTY is valued at $3,186,250.
do
o 4»a A & O
1928
20,000
ASSESSED
VALUATION—The city's assessed valuation (about
School
o 5
1S06
1.000 one-half of the cash value) and tax rate for a series of years have been
do
o 4
J <fe J
19051920
15.000 as follows
do
4^
1933
25.000
Personal Indebtedness Total Assessed Tax Rate
Real Estate. Properly, to be deducted. Valuation. per$l, 000
INTEREST la payable at office of City Treasurer and at local banks Tears.
(Subje

t

to

all after

(

Sewer

1879 6
do
1*97 4
Street improvement
1879 6
do
do and sewer. 1886 4
Street opening
1895 4
Tax arrearage
1896 4
do
1897 4
do
1898 4
do
1899 4
do
1900 4
do
1901 4
do
1902 4
do
1903 4
do
r 4
Track Elevation bonds. ..1902 3%
do
do
1904 4
do
do
1904r3»«
do
do
....1905r3»3

M

M&
M&S
M&N
F&A

.

.

1

ORANGE

F&A
M&N

F&A
M&N
M&
M&N
M&
J&D
&D
A&O
F&A
A&O
F&A
M&N
A&O
M&N
F&A
A&O
F&A
M&N
M&

.
.

A&O

J&J
F&A

M&N
A&O

A&O
A&O
MAN

1905.... $10,248,304

TOTAL DEBT, SINKING FUNDS, ETC—

_„

„
Tot.

Sept.,1005. De«.31,1904. Dec. 31,1903.

,.
M
,
bond.
debt(lnol.waterdbt)$22,763.000 $20,067,000
Sinking funds
6,773,685
6,773,t>85

$19,220,000
6,199,742

Netbondeddebt
$15,989,315 $13,293,315 $13,020,258
Water debt (included above).. $12,007,000
$9,977,000
$9,877,000
Temporary loans (additional)
$4,006,500
$3,148,500
The sinking fund receives each year an amount equal to about 3 per
cent of the bonds outstanding. Temporary loan bonds are only issued
against such assets as unpaid taxes of the last two years which are
not applied to the payment of tax-arrearage bonds, and unpaid assesments for street paving and sewer Improvements.

DEBT LIMITATION—Fifteen per cent of the total valuation.
ASSESSED VALUATION.-Assessment about full value.
Total

Real
Tears.

Personal
Property.

Estate.

1905
1904
1903
1902
1901
1900
1895
1890
1880

Assessed
Valuation.

Total

Tax per
$1,000

$153,005,955
$38,724,197
$191,730,152
138,405,027
35,342,378
173,747,405
22-70
133,458,897
35,393,394
168,852,291
2320
131,243,762
33,247,650
164,491,412
22-20
129,832,105
28,753,530
21-40
158,585,635
118.389.435
31,716,725
22-40
150,106.160
106,012,950
19-80
25,587,787
131,"00.737
88,526,690
23,985,890
112,512,580
18 20
65,733,315
17,631,095
83,364,410
POPULATION.-In 1905 was 283,289; in 1900 it was 246,070; In

189o

it

was 181,830;

in

1880

it

was

136,508.

1904
1903
1902
1901
1900
1895
1890
1880

9,889,200
9,753,270
9,625,650
9,364,575
9.210,200
7,630,600
5,950,000
3,919,700
POPULATION— In

1890

it

was 18,844;

PASSAICTills city is

5s,

Bonds—

$ll,53i>,479

$67,000
75,382
81,932
84,950
112,500
137,920

1,13;>,558

907,800
782,000
529.100
1905 was

1880
i

it

!

JOHN

was
R.

THOS.

11,123,200
$27-60
29-40
10,962,520
28-20
10,677,716
10,422,201
2690
10,252.238
2760
28-80
8,425,000
27-00
6,732,000
21-00
4,448,800
26.101; in 1900 it was 24,141; In
13,207; in 1870 it was 9,348.
...

1,126.988

R.
in the county of the

loanscity

in

$1,282,175
1,234,000
1,276,250
1.127,448

ACKERMAN, Treasurer.
WATSON,

Clerb.

same name.
When Due.
School House Bonds—

J&D, $14,000c. June 1,'0«-1

5s,
4i2R,

J&J,

J&D,

1906
$7,000o
35.0000.M913 to 1917

1906-1914
9,0000
($7,000 yearly on Deo 1.
1918 3128, J&D, 47,000c. ..1921-1930
11.500c
1912
M&N, 19.000c.Nov., 1906 24 5s, M<*S, 9,000o
4i«8,J&J,
1906-1915
1906 5s, M&S, 10,0000
7,500o
4i2S,
to
1911
K&A, 27.000c... 1906-1914
M&8, 15,000c. .1906
58,
4128, F&A,
7,500c. Aug. 1. 1919 4i28,M&N, 22,000c. Nov., '16-17
1919-20
5b, M&N, 12,000c..May, 1913-24 3H8, A&O, 28,000
1911-1920
Public Improvements3128, M&S. 50,000c
1906-1912 3i2S, J&J, 32,0000
1906-1932
SB, J&D, $35,000 c.
1906-1932
Funding Bonds—
312s, M&N, 40.5000
3i«8, F&A, $45,000c.Aug., '06'20 48,
1924
A&O, 20,000
3128, F&A, 40,000c .Aug., '21-'30
5fl,

5s,
5s,

J&J,
J&J,

.

NOV., 1905.

NEW

J

JERSEY-CITIES AND TOWNS.

When Due. Bond, debt June 3D, '05. $633,000
LOANS—
Floating debt
170,2-8
Public Park Bonds—
1906-1915 Ass'd valuation, real. .. 9.903,0«5
5s. J&J, $30,000 o
Street Imp. Bonds—
Ass'd VHlintion, po.rs'l. 1 833 485
i^a, J&J, $50,0000 ....1913-1917 Total valuation 1901.. 11,746,570
Assessment is 8 B actual value.
($5,000 yearly to July 1, 1913, aud
1914, $10,000 in 1915, $15,000 Total tax (per $1,000) 1904 $28-80
Population in 1905
in 1916 and 1917.)
37,837
Population in 1900
Hospital Bonds—
27 ,777
1927
3^8, F&A, $6,000 c
INTEREST is payable a Passaic Nat. Bank, Passaio.

LOANS—

PASSAIC CO.
County seat

is

JOHN

(P.

SLATER, Clerk.
H. SHIELDS. Collector.
J

(*3,0f'0c Dec. 1,1912

LOANS—

Bridge Bonds—

|

5s, F&A,$104,000e..Feb., 1912-13
10,0000.... July 1,1919
48.1J&J,

I

!

Rebuilding Bonds —

F&A,$l00,0OOo Feb.,1910&'ll
J&J, 125,000c. Jan.1,'14-15-16
M&N, 25,000c. ..May 1, 1919
Interest is payable in Paterson.
Total debt Apr. 1, 1905 $9)1,000
4s,
4s,
4s,

1906
1917 Tax valuation, real
63,505,278
4s.'04,J&J, 300 000c. July 1/20-24 Tax valuation, pers'l...H,247,348
5s,
4s,

M&S, $40,0000... Sept.
M&S, 60,0i Oo. .Sept
.

Court House Bonds—
4a, F&A, $50,000 0... Feb.
50,0000 ..Aug
48, F&A,

1,
1,

|

I

I

Total valuation 1904.. .76.752,626
Assessment about 2 3 actual value
Population in 1905 was ...170,757
Population in 1900 was ...155,202
payable at First National Bank, Peterson.
.

1,
1,

1908
1909

I

INTEREST

is

c» a T'TT<TZ>c:r^Tvr
IT A. 1 Ji-X-toLJiN
This city

is

JOHN DONAHUE, Comptroller.
—
GEO. H. DREW,
Committee.
County
S

.

in Passaic

Chair. Fin.

l

City Hall Bonds—
When Due.
LOANS—
May, 1906
School Bonds—
5s M&N 5$1°,000
ds,iyl<&jn,|
5000
May, 1907
$50,000. July, 1907-'08
5s, J&J
5,000.... April, 1907
50,000. .Aug., 1908'09 D8,
5s, F&A,
5s a«u,
A VO 5
^ 150,000.. April, 1908 22
Oct. 1, 1910
4*29, A&O, 25,000
Oct. 1, 1911 4^3, M&N,120,000..Nov., 1933-44
4*ss, A&O, 25,000
,

A&O,50,000... April, 1913-14
4s,
Aus., 1918
15,000..
4s, F&A,
4s. A&O, 50,000.. . Apr., 1914-'15
4s, J&D, 100.000.... June 1, 1919
4s, M&S, 40,000.... Mar. 1, 1928
Mar. 1, 1929
70,000
4s, M&S,
4s,'04, M&N.14 54,000c. Nov.14,'29
4s,'05, M&S, 275,0000 .Mar. 1,' 35

A&O, 30,000
Apr.. 1908
F&A. 76,000. ..Aug. 1,1932
Renewal bonds—

448, J&D *9,000
4^8, J&D, 36,000
4ias, J&D, 47.000
4^8, J&D, 58.000
4^s, J&D, 42,000
4s, J&D,
41,000
20,000
4s, J&D, <

1,

1939

1,

1924

Building Bonds—
4s,

A&O, $10,000

o.-.Apr.

J&D, $20,000

6s.

Funded Debt Bonds 4 >*s, A&O. $160,000..Apr., 1906-09
48,'04,J&D,500 000c. Juue

J&J, 100,000.. July, 1923-33

4s,
4s,
4s,

J&D, I
48, J&D,
4s, J&D,
Mar. 1, 1911 413s, J AD,
4s, M&S, 150,000
'15
4s, '05. M&N, 110, 000c. May 1,
4s, J&D,
4s, M&N,
Sewer Appropriations—
1905
4s, J&D,
48, J&D, *1 0,500.... Dec. 1,
June, 1910 4s, M&N,
4s, J&D, 270,000
1916
Aug.,
M&N,
4s,
4s F&A,
18,000
Dec, 1909 4s, M&N,
4^8, J&D, 36,000
<l4,000.Dec. 1, 1905-08 4s, J&D,
5s, J&D,
Nov., 1907 4s, A&O,
14,000
5s, M&N,
48,

M&N.

Park Bonds—
4s, A&O, $125,000. .Apr., 1908-12

Sewer Bonds—
4s,

.

,

38,000... May 1,
39,000. Nov.30,1911
49,000.. ..May 1, 1917
33.000. ...Dec 1, 1922
25,000... .Apr. 1,1923
35,000.. May 1, 1923
55,000 c. .Dec. 1,1923
25,000 .Feb. 1, 1924

1911

.

1920
BONDS—Most of the bonds are for $500 each.

J&J, $50,000... June

30,

PAR VALUE OF
INTEREST is payable

May

Vov. 1, '05.
Total bonded debt.. ..$4,272,500
Bills payable, certificates,

&c

1. '05.

June

1. '04. 31ar. 21, '04.

$4,197,500

$3,399,500

$3,344,500

602,910

1,118,455

938,721

814,327

Total debt

$5,086,827 $4,800,410 $4,517,955 $4,283,221
1, 1905, aggregated $409,332. The value
of the city property is $2,386,000.
ASSESSED VALUATION—The city's assessed valuation (about
three-fourths of the cash value) and tax rate have been as follows
Real
Personal
Total
Bate of Tax

The sinking fund on Nov.

:

Property.
Estate.
Assessed Val. per $1,000.
$25-00
$46,164,658
$10,436,710
$56,601,368
25-00
45,027,676
9,708,425
54,736,101
25-00
43,306,043
9,768,381
53,074,424
40,960,683
8,372,115
49,332,698
25 00
25-00
40,5^7,453
8,141,402
48,678.855
25-00
33,383,259
6,837,093
40,220,352
4,947,009
23,981,681
25 00
28,928,690
21-10
16,348,608
3,544,517
19,893,125
POPULATION—In 1905 was 111,529; in 1900 it was 105,171; in
1890 it was 78,347; in 1880 it was 51,031 in 1870 it was 33,579.
Tears.

1904
1903
1902
1901
1900
1895
1890
1880

;

n

T3TPT3
A A/TTSnv
"-E-XT- T'l-T
i
J^LVirSKJ
I
This city

is

in Middlesex

.

—

<

I

LOANS-

School Bonds—
4s, g., M&S, $25, 000.. Sept.

JOHN H. GREGORY,

w

x.

STACEY,

Treas.
Chair. Fin. Com.

Bonds are exempt from

County

all

taxes

Tax Arrearage Bonds—

F&A, $1?>,000
Aug. 1, 1909
1918
Assessment Bonds—
4s
10,000.. March, 1919 4&4M>8, $123,500
to 1909
4s
1915 4^8,1904, 85,000
1910
36,000.. Oct.,
4s>,
18,000,.July,
Refunding Water Bonds—
1917
..s
5,000, Jan.,
1922 4^8, $17,000
Feb ,1929
48,
1922
Recapitulation —
37,000, Oct..
4s,'04, M&S, 54.000. .Sept.l, 1934 Water bonds
$525,000
Fire Dept. Bonds
Schoolbonds
185,000
4^9, J&J. $10,000
Jan. 1, 1914 Assessment bonds..
222,200
4^8, 1904. 19,000
1924 Tax-arrearage bonds
15,000
Improvement 4s, $18,600.-1906-11 Improvement bonds
17,300
Judgioent4s
24.000
24,000
192o Judgment bonds.
Repaying
3,000.1908-09 Repaving boDds
3,000
Water Bonds—
Reservoir bond?
10,000
4139,
$250,000. .Sept., 1922 Fire Department bonds
34,800
(Subject to call Sept. 1, 1907
ToUl debt Apr. 1, 1905. 1,038,300
4s
25,000... Jan., 1917 Sinking fund
78,053
4s
12,000... J ulv, 1916 Tax valuation, real
7,765,361
4s,
J&J, 80,000. July 1, 1933 Tax valuation, personal. 811,190
4s,
3,000. .Sept., 1903 Total valuation 1904....8,576,iS51
48, *04, J&D, 15ft ,000 June 1, 'i!4 Total tax (per $1,000) 1904..*22-50
17,699
Population in 1900 was
Population in 1905
25,895
INTEREST is payable in Perth Amboy.
4s,

1,

,

.

)

<.

PLAINFIELD.— W.
This city

is

in

Union County.

F.

payable at the

o
a uur a v
rtAri
WA I —

5

.

I

office of

Arnold, Treasurer.

the City Treasurer.

JAMES

H. TERRILL, Mayor.
GEO. C OLIVER, Treasurer.

This city, of Union County, was declared bankrupt in 1882, and a compromise of the debt exclusive of the water debt ($135,000) was forthwith agreed to with most of the leading oreditors at 35 cents on the
dollar, the debt, exclusive of water debt, then amounting to about
$1,200,000. This settlement was completed in 1894, and interest is
now paid promptly on the new bonds. The water bonds were renewed
In 1891 at 4 per cent, an agreement having been made in 1890 by which
all accrued interest at 7 p. 0. was adjusted at the 35 p. 0. rate. Interest
on these water bonds is also now promptly paid. Incorporated 1853.
When Due Bonded debt July 1, 1905.$776,198
LOANS—
Adjustment Bonds 1882—
Sinking fund. ..
8,811
Is, M&N, $542,848r..Nov. 1, 1922 Net debt July 1, 1905.... 767,387
185,000
Subject to call at any time.
Water debt (included)...
Bldg. & Fire Appae. Bonds—
Assessed valuat'n, real.. 3,012, 100
1906-1912 Assessed valu'n, pers'l.. 390.675
4»*s, $5,250r
39,045
(Subject to cull after 5 years).
Ass'd valuation RR.. etc.
School Bonds—
3,402,775
Total valuation 1905.
i^s, J&J, $35,000 &-Mar.l,1918 Total tax (per $1,000) 1905.$27-80
5<<,
8,649
1914 Population in 1905 was
1,600 r
,
Water Bonds Renewed
Population in 1900 was
7,935
is, J&J, $185,000.... July 1, 1932
INTEREST payable at the National Bank of Rahway.
. .

I

I

|

OTTT-T-rT^T^TT-r^rar^
ttU 1 i^ltL,Jrtr OJXiJ.
This borough

in

is

—

A. H.

5
}

BRINKERHOFF,

ROBERT LEEDS,

Mayor.

Cerk.

The bonds are exempt from tax-

Bergen County.

ation.

J&J, $75,O0O.July
Street Bonds—

1,

Bonded debtor., 1905.. $206,500

I

27,000
Floating debt
Sinking fund Oct., 1905..
40,582
Tax valuation, real
3,550,055
Tax valuation, personal 228,875
Total valuation 1904.
3,778,930
Total tax (per $l,000i 1904.$26-00
Population in 1905 was
5,21 8
Population in 1900
4,411

I

1922

.

1932

4s. gold, $40,000.....

.

Park Bonds—
F&A,$ 12,500 cfcr.Feb.1,'30
N T E R EST on park.funding and street bonds is payable at Rutherford

4b,'05,
.

Nat. Bank; on improvement bonds at Nat.

Bank

Rutherford School District — V.
LOANS—

58,
4s,

M&N,

of the Republic, N. Y.

P

P.

>•»*»»,

When Due. Bonded debt O-t, 1905.
20.

1930

.^ /^.

t-,tt /-^-o a-nt/^tt
1 JnL CJrlAiNt-ril..
This village is in Essex County.
When Due.
LOANS—

—

4s, g..

F&A, $14,000Aug.

.

Sewer Bonds—

1,

INTEREST

is

f

.

ROBERTS. SINCLAIR, Pres.

THOMAS G. CONWAY, Treas.

4s, '05,

.Jan. 1, 1930
(Subject to call 1920.)

J&J, $51,000

5

.

Construction Bonds—
1907-1924
J&J. $8, 500
Bonded debt Oot. 1,1905 $338,500

Refunding Bonds—

4S, g.,

Cleik.

.$57,545
Assessed valuation 1904.3,778,930
School tax (per $1,000) '04..$7-60

..$1,000 yearly

$7,975

J&D, 49,570 c.June

TT
JsCJU

Tax valuation, real
4,069,097
Tax valuation, personal. 563,550

'06'19

Total valuation 1905

Tax

4,632,647
$23-70
4,932
4,608

rate (per M.),1904
Population in 1905 was
Population in 1900 was
largely payable at U. S. Mort. & Tr. Co., N. Y.

^outh Orange School Dist.-

H W

Foster, Clirk.

This district includes the township of South Orange and the village
of South Orange.
When Due. Bond, debt Oot. 1, 1905. $83,500
LOANS
($10,000.. .1906-1909 Assessed valuation '05.. 6,273, 9-f4
F&A \ 21,000... 19 10-1916 Assessment about ^ act >al value
4s,
24,500. 1917-1923 School tax (per $1,000) 1905.$5-90
6,878
17,000... 1906-1922 Population in 1905
J&J,
5s,
[

(.
"

I

16,000... 1906-1921

J&J,

48,

J
SUMMIT.—
Union

This city Is in
payable at Summit.

F HaasCounty.

»>. mirror.

Incorporated March, 1399.

Interest

When Due. Bonded debt Oct., 1905. .$244,000
3,207,7-^0
Tax valuation, real
400,250
4s, M&S, $35,000 c.Mar. 1, 1329 Tax valuation, personal
3,608,000
Tax valuation 1905
Fire Department Bondb4s, May, $10,000 c....May 1, 1926 Tax rate (per $1,000) 1904. $36-40
2-60
Average school tax
Sewer Bonds—
.6,845
4s, J&D, $l25,"00c.June 1, 1928 Population in 1905 was

LOANS-

School Bonds—

i

4s.
r

is

4e.'04,J*J.$265,000cJly.l.'09-44
(See V. 79, p. 2617 for maturity.)

at the City Treasurer's office.

TOTAL DEBT-

4,OOO.oJune, 1934

4*23, g.,

20 000 Deo 1910-11
34,500... Dec 1913
34,500
85,000
Dec, 1914
20,000
Dec, 1908
20,000.... Dec. 1,1909
38,000
May, 1910
30,000... Deo. 1, 1910

1,472,075

13,000(1

Dec, 1908

4s,
4s, J&D,
4s. F&A,
4s, A&O,
35,000 c.Apr. 1, 1924
4s,'04, M&N14, JO,00r>c.Nov.l4,"24
4s,'05, J&D,
75,00Oo..Deo. 1, '25

20,000 ....June, 1910
30.000. .June, 1911-12

J&D,
J&D,

)

J&D,

June, 1907

.Dec. 1909

12,500

4s,

When Due.
LOANS—
Funding Bonds—
1916
4s, g., M&S, $78,500
Improvement Bonds—

80.000. .Dec, 1909-16

Street Impt. Bonds—
July 1, 1908
4s, J&J, $97,000
May, 1909
48, M&N, 150,000
Mar. 1,1910
4s, M&S, 150.000

4s,
5a.

Dec, 1905
Dec, 1905
Dec, 1906
....Dec, 1907
Dec, 1906
Dec, 1906

val., personal.

;

INTEREST

Court House Bonds— Con.

When Due.

Assessed

J&D, J 50,0000 Jne.1,'13-22 Total valuation 190=.... 10,278,489
<;,00"c Jnnel 1923 Assessment about ^ actual value.
1904,
l,"00o June 1,1924 Total tax (per $1,000) I904.$25-20
[
18,468
5,000 <\ June, 1924 Population in 1905 was
54,000jJune'25-'H3 Population in 1900 was
15,369
'05, J&D

4s, '05,

Paterson

$88,000

48, g.,

|

5

When Due. Sewer 48,190« 1927

Street bonds 5a
a0,000
Sewer Bonds—
.May I, '28-'34 Crem itory bonds 5s
2,100
d* MfrS!
M&N, ij *35.000
4s,
e.OOOo.May 1, 1935 Bonded debt Jan. 1, 1905 235,100
8,8t0,4l4
Assessed val., real
School Bonds—

I

I

(J9

M&N,

65,000

c.

Nov.

Refunding bonds. —

Populationin 1900 was

1933

1,

5,302

Jan. 1, 1935
J&J, $9,000 r
Of the floating debt above, $13,560 will be paid from assessments on
property benetited; $19,500 is for sewers and will be met by bond

4s.

!

work is completed.

issue wtien

INTEREST

York

on

City;

on $65,000 sewer bonds due 1933
all

other issues at

office of

is

payable in

New

City Treasurer.

W.
TRENTON.—
Mercer County.
Trenton

B Stokes, Tre88nre«".
The sinking funds are well maintained
and the water works are much more than self supporting.
J.

is

in

LO A N S—
Alms House—
3>*8,

M&N,

$1,000...

When Due,

City Hall Improvement -

4s,

,

1912

$2,000. Feb. 27, 1907

Contingent—

Funding—
J&J,$170,000 July 1, 1911
4s,
4s, '04, A&O, 569 OOOr. Oct. 1,1934

Library Bonds

-

3^8, J&J, $100, 000. Jan.
15,000 Fob.
3»98. F&A,

1,1931
1, 1932

Park Improvement $2,000. Nov.22, 1907
$5,000 Dec. 1, 1916
F&A,
2,000. Feb. 28, 1909 5s
J&D, 69,000 JunelS, 1^13
4a,
COUPON—
25,000. May 1,1916
F&A, $31,600.Aug.l, '06-09 4a,
4s,
5,000. Deo. 1,1916
3^8, J&D,
Crematory—
4s,
4s,

,

,

J&J, $50,000 July 1,1921
Fire Department—
1912
4s
$45,000
4s,
A&O,
2, 880. Apr. 20, 1908
15,000. July 1,1921
3»ae, J&J,
17,000. Feb. 1,1922
3»«8, F&A,
10.000. Sept. 1, 1922
3iaS, M&S,
19^2
2,500
3ke, M&N,
Special School House Loan—
A&O, $S,000.Oct. 1,1908
4s,
3W.S,

48,
4s,

,
,

3W38
4s,

,

5,000 July
27,000
20,o00
10 000

1,1917
1918
1926
1929

St. Pavemt., So.
3198, F&A, $15,500 Aug 21, 192<>
4s, 05, M&N, 60,000 n.M*y 1, 1935
Pavement, Clinton A.ve.
4s,
$4,000. Feb. 24, 1906
4s,
J&J,
6,160. July 1, 1928

Warren

-

-

^

NEW

70

Foor -

When Due.
LOANS—
Rfc>PAVING
3'«,8, II&S, $35,0 O.Sept. 1, 1932
4s F&A. 27,00 '.Aug. 1, 1933
43,'05,MaN. o8,0o0 r.Nov. 1, 1935

...

48,

Building Bonds—
,1-12,500.

1934

4s

,

19.^4

48.

,

20,000.
20,000.

Poltce Department—

$ 17,100 July

,

J&D,

l,>-00.June

,

$1,485

r....

900 r. Dee
Sewer Certificates -

7,

1915
1914

3^8, F&A, »l21,000.eart yearly.

,

Refunding
$26,500 Apr. 16. 1907
2^,000 Aug. 13, 1907
8,200. Nov. 10, 1907
1908
45,000.
M&S, 72,000 Sept. 5, 1908
1909
F&A, 50,900

.8,

.

,

.8,

,

6,0 0..ran. 16,

1907
1908
1912

General Loan Bonds—

1924

191'-!

18,oro Oct. 25, 1914 49,
21,000 Nov 2, 1916 3 Mas,
8,000 Feb 1, 1917 3 Has, M&S, 5 ,000 Sept. 11, 1909
1918 3'-*8. F&A, 43, 100. Feb. 24, 1910
14,5«io
Jan
4s.
25,000 Nov. 1, 1929 3^8, A&O, 30,100. Oct. 20, 1910
g,
100, 00 ltfny 1, 1930 3^8, F&A, 26,600. Feb. 11, 1911
3^8,
3W,8, J&D,'
4,600 Feb. 24, 1912
2,5 O.June 1, 1931 3 08. n'&A,
1912
5,400
11,800 Feb. 1, 19 2 313P, A&O,
3Vj8, K&A,
6,500. ... ....1913
3 e. M&3, 43 500. Sept. 1,1932 3>*8, A&O,
3-8, J&D. 15,000 June 3, 1.981 4s. '01, Mis, 20, lOOr. Sept. 1,1914
1933
EwingTwp.3,000
3 lap, F& A,
$3,000. July 1,1911
4?, '01, .VI &S, 50,000r.Sept. 1,1934 5s
..

,

,

:-;

i,'

Chambersburg Bonds, assumed.
Redemption, Etc.—

-

Parks, 1888

AiO,

+13,000. Apr. 20, 1913
Subject to call in 1898.

5s,

1906

$18,000

Subject to call after 10 years.

Wilbur Bonds, Assumed.
Improvement—

School—
A to,

5s,
5s,

5s. Semi-an.

1906-14
1903-13

$9,000
9,500

M&3,

J&»,

5s,
5s,

$15,000 July 21, 1913
15,000 Aug. 1, 1915

F&A,

Loans Payable by Special Assessment
Assessed upon city —
Assesned upon prop, benefited—
SiREbT Improvement—
Street Improvement—
,$2>>,50i
1906 4s
1906
1°07 4e,
1907
96,955
M&N,
1908 4e, M&N,
1908
5,567
9.1.J4. Feb. 1,1911 3m<S
43,5 22. Feb. 1,1911
1912
5.767..
3 is, A&O,
6,733
1912
3^8, A&O,
Water Loans Reported Separately.
Citv WaterCity Water -(continued.)
4s
*75.000.May 15, 1913 48.'04, J&J. $50,000 r. July 1, 1934
J&.T,
4b,
175,000. Jan. 1. 1917
Chambersburg Water—
4s,
J&J, 175,000 Jan. 1, H27 5s, F&A, $5,000. Feb. 5,1906
48
45,000. June 1, 1916 5s, J&J,
7,000. July 1, 1906
3 4s, A&O,' 75,000. Apr. 1, 1922 5s, J&J.
20.000.July 1, 1907
INTEREST is payable at Treasurer's office in Trenton.
4a,
4s,
4a,
3>ss,

$4,196
21.395
29,413

,

,

TOTAL DEBT, EtcMar.

Mar

1,'05.

1. '04.

Total bonded debt.... $4,466,640
Sinking funds
1,653,912

$3,766,845
1,612,244

Net debt
Water debt

$2,154,601

$2,812,728

Mar.

1,'03.

J/ar.1,'02.

$3,435,833
1,501,402

$3,279,063
1,451,899

$1,934,431 $1,827,164
$558,500
$588,500
$513,500
CITY PROPERTY.—The total value of property owned by the city
Is estimated at $2,967,200, including water works, $2,000,000.
ASSESSED VALUATION— Property assessed " at about one-half
inc.

above $627,600

actual value."
Tears.

1905

Real

Personal

Extiite.

Property.

$34.135 911
33,393.550
1903 .. 29,364,610
1902.:.
23,495,452
1901...
B, 347,950
1900 ..
27,100,245
1896...
23,646.407
1890..
20,199,162

$947,338 $40,601,803 $2250
22-00
701,627
39,506,162
23-50
34.893.331
1,19<V'27
1,425,464
33,905,125
22 00
1,404,909
33,652,223
2150
21-50
1.576,624
32.287,351
1,449,692
28,696,715
2150
1,484,959
25,695,846
1905 was 84,47; in 1900 it was 73,307; in

$7,413,230
6,901,964
6,951.595
6,835,1 07
6,709, 1 82
6,763.730
6,500,000
0. 931,643

..

1»04...

POPULATION.-In

189on was

1880

5 7,458; in

UNION.— Kmil
This town

is

in

LOANS—

it

was

Bantz

Hudson County.
When Due.

School House Bonds—

Bs... $31,000. Feb 1,1905-1915
4»»8, FAA, *6O,00OFeb.l, 1917-'28

Sewer Bonds—

$1 1,000
ran. 1, 1906
($5,000 due y'rly) to Jan. 1, 1908
5s,
$15,000
Jan. 1, 1913
5b, J&J,
90,000
Jan. 1, 1906
($1 0,000 due yearly) to Jan. 1, 1914
5s,

UNION
CO.— E.
County
seat

is

29, 910.

Jr, Ckrk.
•

Town Hall Construction—
5s
$6,000
Jan. 1, 1906
($2,000 due v'rly) to Jan. 1, 1908
Bonded debt Mar 20, '05$232,00<>
Floating debt
59,933
Total debt Mar. 20, 1905 291,93 <
Total valuation 1905. ...5,091,465
Tax rate (per $1,000) 1904. $2400
Population 1905 was
17,005

Population 1900 was

M. Wood,

Cnlle^.'-.r.r.

Bonds are tax exempt.
When Due. 8heridan House Pur.

LOANS—

Road Bonds—

$300,000.. ..190<5 to 1910
8ubjoctto call after 1^00.

4s,J<V.I,

AvO, ¥5<>,000
Court-House Bonds—

1942

4s,

AvO, $400,000. ..Oct.
A&O, 125,000

1,

.

bda.. $28,000
Interest payable at Elizabeth.
Bond.debt.iVfay 10, 1905. $925,000
Tax valuation, real
47, 574,1 "7
Tax valuation, person'l. 7.422.038
Total valuation 1905.. .54,996,215
Assessment about 35 actual value.
County tax (per $1,000) 1904.$4-67
Population in 1905 was ...117,21

1942
1942 Population

1

in

1900 was

WEEHAWKEN.-I'homas
Carroll,
This
township

is

in

LOANS—

Ro-\d Bonds \

Bonds—

J&J, $18,000

4ka,

A4.-0.

4h.

M&N,

4s,

Ma8

•'.-.

.i.<v-D,

45,400c

Bond de

.

t

8.60<>

Floating debt
Total debt June, 1905...
Sinking fund

26J000
357.354
3,500
1920 Tax valuation, real
3,731,250
1911 Tax valuation, personal. 1 35,^00
May, 1914 Total valuation 1904 .. 3 866.550

20,000
15.000 c
15,000
.Mar.l, '16-30
25.000
Mar. 1 1931

4s M&S,

Ci"-lr.

Sewer notes

«

t

R'JBool
48,

99,353

Hudson County. (P. O. Station 1, Hoboken.)
When Due. Improvem't certificates. $154,354

aw<^vT&J
*t5*P 3OO0O Ja.lV6-25
40 .OOOo.Ja.l'26-35
4138,

15,187

Elizabeth.

Deficiency Bonds (freshet)—
4s, J&J, $18,000
1906 to 1907

4b,
4s,

Net
Rate of Tax
Valuation. per$1.000

Deductions.

,

Dec. 1, 1932
June, 1905.. $108,400

Tax

rate (per $1 ,000) 1904. $22 60

Population 1900
Population in 1905

—

5
>

F A SCHWARTZ, Treasurer.
john p. mcmahon, clerk.
-

-

Hudson County.
When Due.
Miscellaneous LoANSt Paving 4s, $2,000... Dei-. 23, 1909
School Building & Sites— t
6.^00.
June 1,'06-11
5s, J&J, $9,000. July 1, 1906'08 Fire 4s,
situated in

is

LOANS—

.

1,
1,

7,075

4s, '05,
4s, '04J&D,

$18,000 Dec. 15, 1910
senior. Hotrse—
48,
$22,0 W.Feb. 16, 1911
l«,000.Mav 15, 1913
4s
4
..
9,000 Oct, 1, 1917
.

1907
1911

,

3«s, .T&J,

4s,

190-5

,$153,400
51,600
13,000

SEWiR Commissioners—

4s,
4s,

W

[Vol. lxxxi.

^A/CCST
JrlOtJOivJi,JN.
E!b 1 T-Tr^T3/~»T^pn\.T
This town

Refunding—

Pavkmknt-

48,
48,
4s,

$2,000. Feb. 27, 1907

,

4s
4s
3 op,

F&A, $64,535 Aug. 1, 1913
4s,
48, '04, M&S, 2<,500r.SeDt.l, '14
4s, '05, F&A, 80,337 r Feb. 1, '15

4s,

JERSEY-CITIES AND TOWNS.

5,325
8,077

(Road bonds of 1905 not In lud.)
INTEREST on bonds due 1911 and 1914 is payable at First Nat.
Bank of Hoboken; on other bonds at Hudson Trust Co.

5s,

M&S, $39,000. Mar.

1906 to
$1,500 due yearly) Mar. 1, 1931
4s,'0t,F&A,$147,000.Aug 1,'06 54
Assessm't & Renewal Bonds— t
5e, J&J, $25,000
Jan. 1, 1906
Jan. 1.1908
4138.J&J, 24,750
4s, J&J, 75,000
Jan. 1,1910
3i«8. A&O. 40,000... Apr. 1.1912
48,

.

Renewal Bonds—*

10,500. .July 1, 1906-'10
($2,500 due yearly.)

J&J,

1,

1

4s,'05,JvJ,100.«00 o. July 1,1925
Library Site Bonds -t
4s,
.$2,625. ...Oot.l5,'06-'12

July 1,1910
Jan. 1,1911
July 1.1911
1, '05. $4 33,750
Imp'tcert'8.Anorea(add ). 290,901
Assessed valuation, real.8. 33^,9 15
Assessed valuation.pers'l 719,650
Total valuation 1905... 9,059,565
Tax rate (per «1,000) 1904 $22 60
Population in 1900 was ....23,094
Population in 1905.
29,082

J&J, $27,000
9,000
J&J,
J&J,
7,000
Bonded 'debt May
6s,
6s,
6s,

on bonds marked * is payable at the First National Bank
Hoboken and those marked t at the Hudson Trust Co.

INTEREST
of

WEST
NEW
YORK.-Fran, F
town
Hadson
This

in

is

LOANS

Skwer bonds —

County.
When Due.

ToNN.Ork.

Funding Bonds—

1930
4^8, A&O, $150,000 c
1911-1916 Bonded debt May 1,1905 $279,000
4s. A&O, $55,5C0c
Str.et Bonds—
Floating debt
300,000
4s, A&O, $15,009
1912 Total debt May 1, 1905 579,000
4S)S.'O\F>vA,15O,0O0...Aug 1,'30 Assessed valuation 1905.5,001,246
Fire Hous"- Bonds—
Assessment abi. 70% actual value.
4b, a&O, $4,000
1906-1909 Tax rate (per $1,000) 1905.$2010
School Bonds—
Population 1900
5,267
5s, J&J, $50,000 o.Jan. 1, 1906-30 Population In 1905
7,196
INTEREST is payable at Hudson Trust Co., West Hoboken.

WEST
ORANGE.town
This

5
I

JOHN H. MORAN, Chairman.

EDWARD

A.

McQUIRK,

Treas.

Bonds are exempt from tax.
When Due. Bond'd debt Oct. 1, 1905.$310,000

situated in Essex Co.

is

LOANS

Redemption Bonds—

Assessed valuat'n, real. ..3,764, 608
Ass'd valuation, pers'l... 679,975
Refunding Road Bonds—
Total valuation 1905
4,444,583
4s, J&J, $45,000
July 1, 1927 Assessment about ^j actual value.
8ew>r Bonds
Tax rate (per $1,000) 1904. $29-50
4s, J&J, +150,000.... Jan. 1,1934 Population in 1900 was
6.889
4b. g.'04,M&N, 90,000. Nov.1,1934 Population in 1905
7,872
4»«b,

J&J, $25,000.... July

West Orange Sen,

1,

1921

L.
—Frank
J&D.

Dist.
When Due.

LOAN S—

Baldwin,

CWk.

$12,000 o.June,1906-09
July 1, '13-27
4s, F&A, $15,000 C.Feb.. '10 to '12 4s,'05, J*J, 7,500
Bonded debt i>. t. 1, '05. $149,500
48. g., A&O, 50,000 o.Apr.1,'13-22
4s, g.,F&A,$10,000 o.Feb.l, '23,24 Assessed valuat'n 1905.4,444.000
4s,M&S, 5 5,000 c. .Sept. 1. 1924 School tax (per M) 1904
$880
1904. ) 50.000 c Sept 1, 1925-2
NTEREST on loan of 1904 and 1905 is payable at the U. S. Mort.
&Tr. Co ,N. Y. City; other interest at Orange National Bank.
4*58.

I

ADDITIONAL STATEMENTS.
In the table below we give statements regarding all minor civil divisions in the State of New Jersey which have reported an indebtedness
of over $10,000, and which are not represented among the foregoing
detailed returns. We add in each case the population from the State
Census of 1905.
Tax
PopulaAssessed rale per tion in
Total
Place—
Valuation. $1,000.
Debt.
1905.
247
Allenhur8t(Boro),Monm'thCo$210,943 $1,445,136 $28 60
Anglesea (Boro.),Cape May Co. 13,180
400
481,664
3500
3-20 55,528
Atlantlo Countv
84,500 54,768,123
Atl. H1«h ds(Boro.),Mon'nCo. 130.000
2630
1,441,225
1,480
4'70
Atlantic Highlands 8ch. Dist
28,000
25-00
Avalon (Boro.), Cape Mav Co.. 35,811
290,000
86
21-70
Beach Haven (Boro.).Ocean Co. 12.200
301
335,820
Belleville (Twp.), Essex Co .. 171,376
28 10
7,632
2,698.449
Bernards (Twp.) Somerset Co. 100,800
18 20
4,514
3.188,327
Beverly (Tp.), Burlington Co.. 12,000
2110
642, 05
2,181
1,121.100
Bordent'wn(City),Burl'gt*nCo. 32,750
2800
4,073
1,2:U>,730
Bound Br'k ( Bor. Somers't Co. 25. 1 55
19 00
3,389
672.425
29 70
Bradley Beach (Bor.).Mon. Co. 54,300
1,037
Brigantine (City), Atlantic Co. 27,500
235,407
2100
95
13-50 62,042
Burlington Co
1(0,000 23,806,500
22-50
Caldwell (Boro.), Essex Co.... 20,000
773.101
V>70
92,441
17,390
Cape May Co
9,894,359
1600
Carlstadt (Boro.) Bergen Co.. 43,697
820, '94
3,100
23-80
Chatham (Boro'gh), Morris Co. 60,000
672,200
1,554
2-40
Chester (Twp.), Burlington Co. 104,000
2.656,079
4,849
26-20
Cranford Twp., Union Co
96,000
2,049,000
3.600
5-39 52,110
Cumberland Co
112,000 18,769.317
17-45
Delford (Boro.), Bergen Co
75,500
918,221
841
23-20
Dover (T.). Morris Co
217,000
1,908.649
6,3&3
26-20
16,5<>0
Dover iTwp.), Ocean Co
1,001.193
2,869
Fast Newark (Bor.), Hudson Co 140,000
1900
2,0/9,713
2,828
16-70
E.Rutherford (Bor.), Bergen Co 58,975
1,247,2*8
3,165
13-50
9H6.245
Ewinif (Twp.), Mercer Co
11.000
1,560
19-00
l,5fc6
Franklin (Twp.), Bergen Co... 45.000
633,100
Franklin (Twp.), Soil. Dist
55,000
1,400,000
$5-60
Freehold (T'n), Monmouth Co. 60,250
2,501,137
2,474
18 50
Garfield (Bor.), Bergen Co.... 7-t,291
1,003/185
5,092
16.130,582
720
100,' 00
34,477
oiouce»ter Co
21-80
4,5'H3
Guttenberg (T), Hudson Co... 80,000
1,040,300
17-16
Hackettstown, Warren Co
38.500
1,292,770
2,594
18-10
Haddonfield (Bor.) Camden Co. 50,000
1,908,100
3,466
909,070
22 40 *3,481
Hammonton (T'n) Atlantic Co. C0,»00
Ha ntnonton Hchool Dintrlot .. 30,000
990,070
2010
Hasbr'k Heights (B.), Berg. Co. 62,055
873,225
1,650
2240
2,*70
Hawthorne (Bor.), Passaic Co. 14.600
630,135
621.021
Hisrh Bdge.(Bo.),HunierdonCo. 40,700
17 00
1,382
15-00
Mlghtstown (Bor.), Mercer Co.. 16,5(>0
903,531
2,093
37-50
Holly B'ch(Bor.),CapeMayCo. 63,000
501,068
1.327
Irvington (Town), Essex Co.
276,463
3,175 575
23 50
7.180
2H0
36-10
Island Heights (Bo ), Ocean Co. 18,500
210.7t5
9- 20
Keyport (Town), Monmc'th Co. 57,''76
1,472,394
3,385
20-80
Lakewood (Twp.), Ooean Co .. 23,000
4,271,500
4,265
23-20
Landls (Twp.) Cumberland Co. 18,500
1,007,525
5,351
Co
(i23
42,623
417
U)di (Boro.), Bergen
2220
2,793
18-50
f.ongport (Boro), Atlantlo Co.. 13,500
133
454,400
23-20
134,000
2,424,81 •()
Madixon (B.i, Morris Co
4,115
f. 9 0,600
22-30
60,000
Manasquan, Monmouth Co
1,636
26-20
Matawan (Boro.)Monm'th Co. 45 200
799,654
1,479
Matawan (Twp.). Monmo'thCo. 10,000
422,175
2000
1,3 H5
17-70
Maywood (Boro.), Bergen Co.. 16,100
687
386.250
Merchantville Bor.),Camd. Co. 35,500
86-, 215
25 90
1,632
Midl'nd Park (Bor.), Bergen Co. 16,?i00
323,175
27 60
1,817
21-00 11,884
Mlllvllle (''.), Cumberland Co. P0.000
4,051,995
Monmouth Co
393,773 60.892.3H8
87,919
20-70
Mt.Arlington (Bor.), Morris Co. 16,000
250
9 ,600
Neptune I'wp.), Pch. Disr,
11-36
..
89,300
3,3 -5,0 75
27-50
Neptune (Twp.), Monm'th Co.. 37,500
9,357
2,994,350
"

) ,

,

(

(

—

:

*

»

PENNSYLVANIA-DEBT OF STATE.

Kov.. 1905.]

rate per

Papula'
tton in

$1,000,

1905.

$ifi-b6

Tax
Place

New

;

Total
Debt.

—

BarbadoesCTwp.) Sell. D. $132 500
194.000
Newton (T.i, Sussex Co
Northampton (Tp.),Burllug.Co. 25,000
No. Bergen (Twp.), Hudson Co. 174,490
No. Plainfield School Distriot.. 70,000
No.Plainflel<l(B.),SomersetCo. 21,000
Oaklaml (B'>ro.), Ker^en Co... 71,000
215,726
Ocean City, Cape May Co
'0,000
Ocean 'ountv
15,300
Orvil (Twp.), Bergen Co
Palisades earkiBo.), Bergen Co 28,7i!4
Palmyra (Tp.), Burlington Co. '27,000
Park Ridge (Boro), Hereon Co. 30,000
Pnillip-tburg (T.), Wan en Co.. 177,-00
Pt,Plea-antB'ch(Bo.),OceanCo 13,500
Princeton (Bor'gh), Mercer Co. 23,900
26,500
Princeton Sciiool District
Rarttan (Tp.), Middlesex Co.. 13,900
>
Monmouth
192,78
Bank
Co.
Red
.),
Rid*etteld Park (V.), Borden Co 185,1*0
Rirtgewood (Twp.), Bergen Co. 99,500
Riverside Bo ro. Ber en Co ... 19,400
Rocka way (Boro.), Morris Co.. 25,000
15,000
Roselle (Boro.), Union Co
Roselle Park (8or). Union Co. 70,108
60,000
Roselle Sohool District
Saddle River Twp., Bergen Co. 75,000
106,^00
Salem (Ciiy), rtalein Co
43,207
Salem County
Sea Isle City B.),Cape May Co. 43,282
7H.095
Somerset County....
Somerville (T.i, Somerset Co.. 14,255
29,000
Somerville School District
South Amboy(B.)Mi<1dle'x Co. 42.25S
20,500
Springfield (Twp.), Union Co
Spri'gI.ake(Bor.),Monm'th Co 121,800
60,000
Sussex (Bor.), Sussex Co
2-V000
Teane k 8- li. Dist
44,828
Union (Twp.), Bergen Co
Union (Twp.), Union Co. ..... 26,000
Veutnor City, Atlantic Co
85,000
...
Verona (Cwp.), Essex Co
30,000
Vineland (Boro),Cuml)'landCo 202,000
Wallington (Bor.), Bergen Co. 85,547
Warren County
20,000
WesttMd (Tp.), Union Co
145,027
Westwood (Bor ), Bergen Co.. 28,500
Wharton School Distriot.
24,500
Wildwood (Bor.),Cape May Co. 40,105
Wbolbr'ge(Tp.),MiddlesexCo. 23,900
Woodbury (< >.), Gloucester Co. 18W.011
...

Assessed
Valuation.
$5,047,745
2.H71.998
2,002,998
4,^8 ,973
2,542,640
2,565,175

294,465
2,160,000
10,037,201

24-OJ

41422
5,50
11,134

2V40

5,616

11-00

586

2100

23 00

1,835
20,-<ft8

42<!,9'i5

20 "40

752

69*,073
563,828
541,375
4,400,000
731,800

19-30

911
2,643
1,189
13,352

3000
14-00

19 20
2t">0
17-80

977

71

DEBT LIMITATION— In Pennsylvania the limit to the indebtedness
of the State, and to the indebtedness of the cities and minor civil
organizations in the State, is fixed by the State Constitution.
1. State indebtedness.—With regard to the State, the regulations
controlling and governing debt creation, payment, <fec, are found
in Sections 4, 5, 6, 11, 12, 13 and 14 of Article IX of the Constitution,
and are as follows.
Article IX, Sec.

4. No debt shall be created by, or on behalf of, the
8tate except to supply casual deficiencies of revenue, repel invasions,
suppress insurrection, defend the State in war, or to pay existing debt;
and the debt created to supply deficiencies in revenue shall never
exceed, in the aggregate at any one time, one million of dollars.
Section 5. All laws authorizing the borrowing of money by and on
behalf of the State shall specify the purpose for which the money is to
be used, and the money so borrowed shall be used for the purpose speci-

and no other.
Section 6. The credit of the Commonwealth shall not be pledged or
2,860,206
loaned to any individual, company, corporation or association, nor
1.325, ><75
1750
2,612 shall the Commonwealth become a joint-owner or stockholder in any
21-90
3,099,070
6,263 company, association or corporation.
32-80
900,000
Section 11. To provide for the payment of the present State debt, and
19-70
1,974,275
3,9-!0
any additional debt contracted as aforesaid, the General Assembly
17-30
38V.595
t>7o
shall continue and maintain tho sinking fund sufficient to pay the
395.100
31 30
1,585 accruing interest on such debt, and annually to reduce the principal
1,270 000
2800
2,142 thereof by a sum not less than two hundred and fifty thousand dollars
22-80
931,000
2,236 the said sinking fund shall consist of the proceeds of the sales of the
public works, or any part thereof, and of the income or proceeds of the
21-20
961,300
2,048 sale of any stocks owned by the Commonwealth, together with other
3,527,390
1430
6,443 funds and resources that may be designated by law, and shall be
4-60 26,278 Increased from time to time by assigning to it any part of the taxes or
14,498,<'56
32-00
562,500
432 other revenue of the State not required for the ordinary and current
6-40 39,659 expenses of government, and unless in case of war, invasion or insur19,978,687
*4,843 rection, no part of the said sinking fund shall be used or applied other"6-10
3,150, OW
wise than in the extinguishment of the public debt.
16-80
1,400,970
6.258
Section 12. The moneys of the State, over and above the necessary re24-00
402, 20>)
1,123 serve, shall be used in the payment of the debt of the State, either
25-50
1,706,600
1,039 directly or through the sinking fund, and the moneys of the sinking
10-00
61*,925
2,318 fund shall never be invested in or loaned upon the security of anything
7-40
970 000
except the bonds of the United States or or this State.
649.R00
22-30
2,188
Section 13. The moneys held as necessary reserve shall be limited
16-20
1,944,132
2,614 by law to the amount required for current expenses, and shall be se15-80
1,536.735
cured and kept as may be provided by law. Monthly statements shall
905,400
2790
2,576 be published, showing the amount of such moneys, where the same are
28-60
1,467,994
4,593 deposited, and how secured.
25-30
445, V02
2,475
Section 14. The making of profit out of the public moneys, or using
19,567,607
617 40,403 the same for any purpose not authorized by law, by any officer of the
2,932,300
23 00
5,265 State, or member or officer of the General Assembly, shall be a misdeol3,800
16 00
1,044 meanor, and shall be punished as may be provided by law; but part of
9-»0
414,525
such punishment shall be disqualification to hold office for a period of
"500 not less than five years.
542,879
3500
24-60
2,9 8,280
10,221
State loans in Pennsylvania, whether created for original indebted21-00
2,347,550
4,560
ness
or authorized to fund existing indebtedness, are usually negoti2O-00
Woodlynne (Bor.), Camden Co. 24,931
120,900
388
Woodstown (Boro.). Salem Co. 37,000
1,162,825
1320
1,500 ated through the Governor and Commissioners of the sinking fund.
* Population tor 1900.
The last act of the Pennsylvania Legislature authorizing a public
loan was the aot of June 8, 1881, when a thirty-year loan was effected
to fund existing indebtedness at a lower rate of interest.
The earliest date at which the last of the existing indebtedness of
Pennsylvania will mature is February 1, 1912, and under existing arIT8
rangements the accumulations in the sinking fund will at that time
pay the total State indebtedness.
Etc.
and Municipal Indebtedness. Under the laws of
(2) County
Pennsylvania
the power to create county loans is in the Board of
State
One
Admitted as a
of Original Thirteen
County Commissioners, which consists in each countvjof three persons,
45,215
Total area of State (square miles)
elected tri-ennially under the minority system of voting, by which
State Capital
Harrisburg the minority party in each County usually has one member of
the Board.
Gov'or (term expires 3d Tues. Jan., 1907) - S. W. Pennypacker
In cities and boroughs the power to create indebtedness is vested in
Secre'y of State* (term expires Jan. 1907) - Robert McAfee councils, municipal debts being created by ordinance.
Treasurer (term expires May, 1906) "William L. Mathues
The creation of county, city and other municipal indebtedness is
Legislature meets biennially in odd years on the first Tues- subject to the following constitutional limitations.
Article IX, Sec. 7. The General Assembly shall not authorize any
day in January, and there is no limit to the length of the
county, city, borough, township or incorporated district to become a
sessions.
stockholder in any company, association or corporation, or to obtain or
* Appointed by Governor, and holds his office at Governor's pleasure.
appropriate money for, or to loan its credit to, any corporation, associor individual.
HISTORY OF DEBT.— For a history of Pennsylvania's State debt ation, institution
Section 8. The debt of any county, city, borough, township, school
from 1789 to 1893, see the State and City Supplement of 1893, pages
district, or other municipality or incorporated district, except as
63 and 64. The details of the debt as it now exists are subjoined.
herein provided, shall never exceed seven per centum upon the
Interest.
Principal,
LOANS—
assessed value of the taxable property therein, nor shall any such
P.
Ot.
Payable.
Outstand'g.
AND
When
Due.
NAME
PURPOSE.
municipality or district incur any new debt, or increase its indebtedAgricultural College b'ds, '72.r 6
F & A Feb. 1, 1922 $500,000 ness to an amount exceeding two per centum upon such assessed
Funding loan, 1881
r 4
F & A Feb. 1, 1912 3,372,250 valuation of property, without the assent of the electors thereof at a
do
1881
r 3*2 F & A Feb. 1, 1912
695,450 public election in such manner as shall be provided by law but any
6
Proceeds of farm sale, 1887... 6
Quar. {
17.000 city the debt of which now exceeds seven per centum of such assessed
^rea^urv !
valuation may be authorized by law to increase the same three per
Unfunded debt and debt upon which interest has ceased...
134,117 centum, in the aggregate at any one time, upon such valuation.
Section 9. The Commonwealth shall not assume the debt, or any
PAR VALUE OF BONDS.—These bonds are in pieces of $50. $100
part thereof, of any city, county, borough or township, unless sueh
and multiples of $100.
INTEREST on the Agricultural College loan is payable at the State debt shall have been contracted to enable the State to repeal invasion,
Treasurer's office in Harrisburg; on all other bonds at Farmers' & suppress domestic insurrection, defend itself in time of war. or to assist
the State in the discharge of any portion of its present indebtedness.
Mechanics' Bank in Philadelphia.
Section 10. Any county, township, school district or other munici
TOTAL DEBT, Etc.— Dec. 1. 1904. Dec. 1, 1903. Dec. 1,1902. pality incurring any indebtedness shall, at or before the time of so
Total public debt
$4,718,817
$4,718,817
$4,806,649 doing, provide for the collection of an annual tax sufficient to pay the
Sinking funds
4,541,217
4,439,822
4,432,024 interest, and also the principal thereof within thirty years.
(3) Townships and School Districts. — In the various school districts
Net debt
$177,600
$278,995
$374,625 of the State the school directors have the power to create loans, sub
Unfunded debt (incl'd above) $134,117
$134,117
$134,149
The sinking fund on December 1, 1904, held the following securities: ject to the limitations of Section 10 above quoted, to provide for the
Allegheny Valley Railroad bonds, $*>00,000; interest on same, redemption of the same within thirty years.
In townships, the only authority, except that of the school directors
$10,000; oash, $4,031,217; total, $4,541,217. Balance in Treasury
Dec. 1, 1904, was $15,822,368 64
to borrow money, is in the road supervisors, who have no power to
The unfunded debt mentioned in the above table consists of relief
notes in circulation, interest certificates unclaimed, interest certifi- create bonded indebtedness, but simply to make a temporary loan for
cates outstanding, and bonds past-due upon which interest has ceased. necessary expenses, which must be provided for by an assessment of
sufficient township tax rate, known as road tax.
ASSESSED VALUATION has been as follows
3,19-<.150

fied

6,029

4-68

(

)

(

(

.

.

State

Pennsylvania.

of

DEBT, KESOUKCES,

—

....
-------

<

—

;

.

,

;

.

.

Tears.

Real.

Assessed "Valuation.
Personal.

,

Total.

1901
$3,476,059,800 $1,016,870,979
$4,492,930,779
1903
3,359, 15f),344
846,483,115
4,205,642,459
1902
2,930,682,780
988.242,477
3,918,925,257
1901
3,918,593.792
800,248,173
4,018,841,965
1900
2,766,829,685
3,528,^85,578
761,755,893
1899
859.P79.331
2,728,163,336
3,588.142,667
1898
2,685,199,712
846,751.853
3,431,951,565
1897
2,531,568,640
826,134,137
3,357,702,777
1895
2,471,018,204
770,049,820
3,241,068,024
1894
2,389,232,748
658,341,105
3,047,573,853
1892
2,308,767,431
591,007,558
2,899,774.989
The above does not include valuation of railroad property. The State
makes no general tax. Income is derived from tax on capital stook,
on money at interest, on collateral inheritances, on corporate loans,
on bonus on charters, etc., etc

POPULATION OF STATE.-

1900
1890
1880
1870

6,30i!,115

5,258,014
4,282,891
3,521,951

I

|

i

|

1860
1850
1840
1830

2,906,215
2,311,786
1,724,033
1,348,233

I

|

j

I

1820
1810
1800
1790

1,049,458
810,091
602,365

434,373

SAVINGS BANKS INVESTMENTS-POWERS AND RESTRICTIONS.—Philadelphia is, we believe, entitled to the distinction
of starting the first savings institution in the United States. The
name this association bore was the " Philadelphia Savings Fund

and it still exists, bearing the same name. Originally the
bank was not incorporated, but was a voluntary r "ganization, suoh
Society,"

societies in Gieat Britain being at that time of a like character. The
date of the organization was November 27, 1816, and the bank was
opened for business Dec. 2, 1816. The oldest ledger of the company

)

,

PENNSYLVANIA—CITIES AND TOWNS.

72

.

nave OR PURPOSE.

—

Interest

Principal

When Due.

Hate. Payable.

.

Molntyre Ave
Street impr.

r.1904 4
r.1895 4

Etol

Wabash Ave
Woodland Ave
Norwood Ave
Shady Ave
Fleming Ave
Chester Ave
Superior Ave
Grand Ave

1903
r.1903
r 1903
r 1903
.r 1903
r 1904
r.1904

Various roads
•

4
4
4

r.1901
r

-4

4
•1

4

r.
r.

4
4

Impro v ement ...r.1891
do
do A..r 1893
do
do
B..r. 1894
do
do
C.r 1894

4
4

ram

Street

follows:
Chapter 77, Laws

of 1897.— From and after the passage of this
provident institutions, savings institutions and savings banks,
chartered under special acts of this Commonwealth of Pennsylvania,
may, notwithstanding any provisions of their charter, loan the
moneys received by them on deposit upon the bonds of any county,
oity, borough, township or school district within this Commonwealth,
Issued pursuant to the authority of any law of this Commonwealth for
the payment of which the faith and credit of the municipality issuing
all

them are pledgf d.
It was not until 1889, as already

stated, that a general law facilitating the organization of savings institutions was passed.
The
following is section 17, which contains the investment limitations we
would especially direct attention to subdivision four of this section;
Section 17.— It shall be lawful for the trustees of any savings bank
to invest money deposited therein only as follows:
(1.) In the stocks or bonds or interest-bearing notes or the obligations of the United States, or those for which the faith of the United
States is pledged to provide for the payment of the interest and the

A
A

4

J

doQtoU.rl897 4

do

doKtoOrl895 4

HtoK....rl895

do

;

Oct.

Apr.

1,
1,

J & J July 1, 1917
J & J Jan. 1, 1919
J & J July 1, 1923
J & J July 1, 1910
J & J July 1, 1912
J &D June 1, 1910-25

In the stocks or bonds of the Commonwealth of Pennsylvania
bearing interest.
(3) In the stocks or bonds of any State in the Union that has not
within ten years previous to making such investments, by such corporation, defaulted in the payment of any part of either principal or interest of any debt authorized by any Legislature of suoh State to be
(2)

see "

tta

of the

13, 1840.

Interest.

Principal.
Outstand'g.

.

,

.

Rate. Payable.

City park bonds

do

do
City

d°

Home

do
do
bonds

r.1886 4
r 1890 4
1905 4
r.1901 3h>

d0

1905

*

J

&

J July

1,1906
April 1,1910
June 1, '('6-35

A&O
&D

J

A & O

\

g«£

'™-'%\

}'

J*'>SSK'f5
j* n

4
J & J
^ '°j 9'^
\
1904 4
J <fe J Jan. 1 '09-30
do
do
r.1904 4
Feb. 1,'3 1-33
Electric-light bonds. .Ar.1891 4
A & O April 1, 1921
do
do
Br.1893 4
A & O Oct. 1, 1923
do
do
Cr.1894 4
J & J July 1, 1924
° ct 1 '0t>-'21
do
do
r 1901 31a
Q0
ao
..r.isoi
<m A * O
0}J 0otil », 22 ., 31
do
do
r 1904 4
F &A Aug. 1, '09 '18
Municipal bds. (renew) r.1886 4
J & J July 1, 1906
do
do
r.1891 4
A & O Apr. 1, 1911

Current-expense bds...r.l904

Judgment fund bonds

r.

F&A

3»a

do
do
1905
ao
ao
lyui> 4
Renewal bonds
r.1890 4
Grade Crossing Bonds...l905 4
do
ao

Sewerage
Sewer
do
do
do

A

-

t

A & O \ g$; ] Igg^gf
J & T)$Junel','06>25
J
J,
(Junel.'28-'35
J & J Jan. 1, 1910
;

J*d{8SB33!

1887 4g J
A
1893 4
B
A
1894 4
C
r 1894 4
J
EtoHr.1895 4
J

bonds...'

-

,'

a&

Public Safety bonds. . . .r.1901

r

r
r

& J
& O
& O
& J
& J

1, 1917
1, 1923
Apr. 1, 1924
July 1, 1924
July 1, 1910-*20

July
Oct.

$15,000
25,000
90.000

W

^,000

20 000
3i2)o00
48,000
160,000
14,000
86.000
48,000
40,000
40 000
13,000
150,000
*.gg0
6

16*,000

OIOOO
117.000

IfcSoS
50.000
55,000
100,000
145,000
99,000

($33,000 every five vears.)

do

I

r.1895

4

Philadel-

Net debt
Water debt

$6,876,346 $6,839,215 $6,558,204 $6,460,233
1,615,809 1,445,176 1,353,338 1,157.612

$5,230,537 $5,394,039 $5,204,866 $5,302,621
above) .$2,541,000 $2,555,000 $2,633,000 $2,647,000
TAX FREE.— All bonds of this city are exempt from taxation.
CITY PROPERTY.—The estimated value of all the city's property
Is $8,000,000, Including water property valued at $3,439,333.
(incl.

ASSESSED VALUATION.-

Oity Tax

Total Assessed

per M.

Valuation.
1904... ...$98,494,454
1903.... ... 87,165,075
1901.... ... 85,51 3, 123
1900... .... 84,589,950
1899... ... 81,601,300
Years,

$1500
14-50
13-50

13 50
13-50

Total Assessed

Valuation.
1898... ....$80,861,875
1897... .... 80,604,975
1896... .... 79,843,625
1895... .... 74,500,000
1890... .... 50,299,550
1 ears.

it

was

(Census) was 129,896;
78,682; in 1870 It was 53.180.

City Tax

per M.
$14-00

1200
12 00
9-30
13-77

inl890 was

105,-

Board

of School Comptrollers.

We

give below the bonded indebtedness of the various sohool disAllegheny on June 1, 1905, together with the value of school
property lor each.
tricts of

ALLEGHENY.—
James Brown, Comptroller.
Allegheny
county
same name. Incorporated
Apr.
—
—
LOANS—
NAME AND PURPOSE.
When Due.
situated in the

68000

*'eo.28.'05.Feh. 2«, '04. Feb. 28, '03. Feb. 28.'02

Total bonded debt
Sinking funds

Sec.
Addtlio

Statements" at the end of this Slate.

is

68,000

224,000
150.000
225,000
28,000

TOTAL DEBT, SINKING FUNDS, Etc-

STATE OF PENNSYLVANIA.
mentioned below

198,000

Allegheny School Districts — Geo. W. Gerwig,

THE

debt of counties not

110.0C0

J

POPULATION.— In 1900

Note.— For

134,000

phia and
Allegheny, and checks will be mailed to holders of bonds
when requested.

287; in 1880

Counties and Towns

334,000

100,000
175,000
150,000
100,000
100.000
400.000

m

contracted.
(4) In the stocks or bonds of any city, county, town or village of
any State of the United States, issued pursuant to the authority of any
law of the State, or in any interest-bearing obligations issued by the
city or county in which such bank shall be situated.
(5) In bonds and mortgages on unincumbered, improved real estate,
situated in this State.
It will be noted that according to the foregoing (sub-division
four), Pennsylvania savings banks are allowed to invest their
deposits in the bonds and stocks of any city, county town or village in
any of the United States. Furthermore, by the fifth subdivision bonds
and mortgages are left to the discretion of the trustees in all purchases,
except that they must be first mortgages on Improved real estate in
Pennsylvania. The uext section (18) relates to the temporary deposit
of funds in banks and trust companies. It makes it lawful to deposit
temporarily in banks or trust companies the excess of current daily
receipts over the payments untii such time as the same oan be Judiciously invested„in the securities named above.

200,000
200,000
200,000

($100,000 every five years.
Subject to call Junel, 1913.
4
J & D June l,1910-'20 324,000
($108,000 every fifth year.)

r.1895 4

I

147,202
5,302
5,432
23,000
200,000

($33,000 every five years.)
4
& J Jan. 1, 1906
61,595
l,'0»-'26
220,000
& n
u JOot.
3%
60,000
}Oot. 1,'27-'31
420,000
J & D Junel,'ll-'35
J & J July 1, 1906
20,000
A & O Apr. 1, 1914 132,000

S-

principal.

IN

1923
1924

July 1, 1924
&
(Jan.1907-1927)
J & J ^ $66,000 every V
five ypars.
(
J
J & J
19101925

& D June 1, 1925
( Dec. 1, '06*16)
do
NtoP
r.1896 4
J & D 1 $66,000every
)
( five years.
do
r.1896
J & D Dec. 1, 1921
Q
1926
J
&
D
Dec.
do
K
r.1896
1,
Oct. 1, '06-'21
do
r.1901 3*3 A & O Oct. 1.
'22'31
1905
J & D Junel' 06'35
do
Wharf renewal bonds ..r.1887
J & J Jan. 1,1907
INTEREST is payable at the office of T Whelen & Co
do

$6 000
40,000

($50,000 every five years.)
A & O Apr. 1, 1909
11,658
J & J July 1, 1910-25 200,000
every
($50,000
five years.)
A & O Oot. 1, 1V06
18,63*
J
Jan. 1, 1908
9,527
J
Jan. 1, 1908
6,242
A
Oct. 1, 1908
21,143
Nov. 1, 1909
28,040
Dec. 1, 1908
J
20,607
Jan. 1, 1909
J
21,487
F
Feb. 1, 1909
25,897
Jan 1, 1906
J
58,595
J
June 1, 1909
4,576
A
Apr. 1, 1911
75,000

4

do

do
do
r.1901
do
do
r.1901
do
do
1905
Water bonds
r.1886
do
r.1884
do
r.1887
do
r.1889
do
(renewal) .r. 1893
do
(renewal), r. 1890
do
(renewal). r.1892
do
BtoF.r.1895

The law

.

M

1

Street

Authority to loan on any " good and valid security "appears to confer about as broad a discretion upon the managers as could be
expressed in a statute.
In 189" an Act was passed allowing savings institutions and saving*
banks chartered under special acts to invest in Pennsylvania county
and municipal bonds notwithstanding any provisions of their charters.

Cities.

-

t/atstand'g.

Sewer
r.1901 3% A & O < Oct. 1, '06-'ll
I Oct. 1. '12-'31
Street Improvement Bonds:—
Brighton road bonds. .r.1902 4
A & O Oct. 1, 1907
do
...r.1903 4
J & D June 1, 1908
Ashton Street bonds... r. 1903 4
F & A Aug. 1, 1908
California Avenue
r.1891 4
A & O Apr. 1, 1911
Highway impr. B to F. r. 1895 4
J & J July 1, 1910-25

and valid securities."

Act

—

LOANS-

goes back to the time of opening, and shows a deposit on that day
(December 2, 1816) of five dollars. The company was not incorporated until February 25, 1819. The second savings institution in
the 8U te, however, did not come into existence until 1847. In 1889 a
general law facilitating the incorporation of savings banks was passed
by the 1 egislature. Still, the report of the Banking Department shows
that in November, 1904, the total number of savings banks within the
State was only ten. The aggregate deposits of these banks at that
date was $135,151,848.
The provisions of the special cuarters are all liberal as to investments. A law passed in 1885, and a supplement of the same passed
in 1889, authorizing the extension for twenty years of special charters, contains the following.
"Provided also, that no * * * Savings Institution or Savings
Bank having no capital stock, renewing or extending its charter,
corporate rights and franchises, under the provisions of this act, shall
thereafter be allowed the privileges of a bank of discount, nor be
allowed to loan any money received on deposit, except first mortgage
or lien upon real estate within this commonwealth, upon the bonds or
securities of the United States or of this State, or upon county, city,
borough, township or school bonds of any county, city, borough, townhip or school district within this commonwealth, or any other good

[Vol. lxxxi.

J

&

J

July

1,

1925

35,000

Bonded
Districts.
B'rdof Cont'l.

Ward
2d Ward
let

3d Ward.

Dibt.
.

.

Ward
Ward
Ward
6th
8th

$605,000
136,282
444,276
550,000
160,000
175,000
250,000
80,000
45,461

.$305,000
56,000
260,500
376,000

4th
5th

Bonded

Val. of
Property.

15,000
95,000

Ward

9th
10th
11th
12th
13th

When Due.
LOANS—
Coupon County Foor Bonds—
3^s, J&J, $75,000 C.July 1, 1910
3»ss, J&J, 250,000 c.July i, 1908

Court House Bonks— 'Reg.)

J&J, $300,000 r.July
3^8. A&O 497,500 r.Oct.
4s,

1,
1,

1908
1906

1,

1906

Riot bonds—

4s,

J&J, $364,500 r...Jan.

Subject to call Jan

1.

1891.

Road Bonds -(Coupon).
312s. A&O, $550,000 c Oct.

1,

1931

Ward. ...$14,000

Ward

...

57.000

Ward. ...233,500
Ward. ...117,500
Ward. ... 27,000
1 ith Ward. ... 12,000
15th Ward. ... 75,500
Total

XTPUCMVPn —

at T
Al_.J_.ll,t-xrtrLiN
Y I^KJ.
Pittsburgh is the county seat.

Val. of
Property
$50,000
91,000
241,000
60,000
55,000
30,000
95,500

Debt.

Districts.

5

$

R. J.
D# F

fl.736,500

$

53,068,519

CUNNINGHAM, Compfr.
COLLINGWOOD, Treas.

Compromise Bonds— c&r.
5s,

J&J, $1,050,375 68.Jan.l,1913

The Act of 1863 requires $25,000 of 'these bonds to be retired
yearly on Jan. 1, beginning with
lowest number outstanding.

Jail Bonds—
4s,'05,M&S $• 00.000 c.Mar.15,'25
Bond.debtSept.30,'05 $6,212,558
Sinking fund
.588,488

Tax
Tax

valuation, real ..682,992,100
valuat'n.pers'n'l 71,646,320

Total valuation 1905.754,638,420
Assessment about <6 actual value.
County tax (per M) 1905... $2-<<5
(Subject to call after 1922.)
551,959
4s, M&N, $550,000 e.Dec. 28,1933 Population in 1890 was
(Subject to call after Dec. 28, '23). Pop-ilation in 1900 was... 775.058
4s,'04.M&N, $700,0<»0 c May 1/34 Population in 1905 (est.)..P0(',OOO
(Subject to call Oct.

3128,

M&N,

1,

1921.)

$550,000 c Nov.

1,

32

(Subject to call after 1924.)
4s,'05, A&O, $700,0000. .Apr. 1 ,'35

PAR VALUE.— Bonds

are for $500, $1,000 and $10,000.

_

.

PENNSYLVANIA-CITIES AND TOWNS.
INTEREST on the compromise bonds payable at the Fourth Street BLAIR CO.— W. J. Hostler,
bonds by the
National Bank, Philadelphia; on the 4 per cent
NOV., 1905.

riot

County Comptroller and at the office of Townsend, Whelen & Co., Philadelphia; on the Insane Asylum bonds at the Pittsburgh Trust Co.; on
all other bonds by the County Comptroller only.
TAX EXEMPT.— Nearly all bonds are free from tax to the holders,
the county paying the State tax on all but th" road bonds due Jn 1933
and 1935 and the jail bonds (to be paH by the holders thereof), and the
compromise 5s, which are exempt with the exoeptiou of $199,375 68
registered bonds.

1UW —

r
5 JAMES HATJSMAN. Comptroller
T7'T\.T T" r^\A7"rvT
IN.
AJ_.J_iil.lN
}a. L REICHENBAOH, Treasurer.
Allentown is the county seat of Lehigh County.
When Due.
Refunding Water Bonds—
LOANS—
3ifiS, A&O, $60,000 o.Oot. 2, 1929
City Bonds—
(Optional after Oot., 2 1 904,)
4s, J&J, $35,200o. ..July 1,1907
Water Bonds 34,500c. .Jan. 1, 19 >7
4s, J&J,
3i«s,A&0,
$164,700 c Apr. 1, 1933
(Subjeot to call alter Jan. 1. 1902.)
(Subject to call April 1. 1908.)
22,0000... Aug. 1, 1926
4s, F&A,
M&S,
3^8,
$125,000 o.Mar.1'09-34
(Optional after Aug. 1, 1901.)
4s,F&A, $24,000c... Aug. 1, 1927 (Part each 5 yrs.,see V. 78, p. 836)
Interest
payable
Aug.
1902)
by City Treasurer
call
after
1,
(Subjeot to
Bond, debt Apr. 3,1905. $639,300
3iflS, J&J, $100.000o.July 1, 1931
348,400
(8ubjeot to call after July 1, 1906.) Water debt (included)
Sink I'd assets Apr.3 '05
Refunding Bonds—
80,342
558,95*
3 las, J&J $22,000 o Jan. 1 1932 Net debt \pr. 3, 1905...
,

. .

,

,

Total valuation 1904.. .24,655,684
3i*8, J<sJ. $29,000 c.Jan. 1, 1933 Assessment about s 5 actual value.
City tax prop, (per M.) 1904. $643
(Subjeot to call Jan. t, 1908.)
3i«8, J&J, $34,000 cJan. 1, 1934 School tax (per $1,000) 1904.
5-00
25,228
(Subjeot to call after Jan. 1, 1909) Population in 1890 was
Population 1900 (Census).. 35,416
INTEREST is payable at office of Cfty Treasurer.
TAX F R E E.—All bonds Issued by this city are exempt from taxation.
School District.— A.P.Z«iluer, I'reaB.
When Due.
When Due.
LOANS—
LOANS4s, .!<*.!. $75,200 o... Jan. 1, 1911
(8ubject to call Jan.

1,

1907.)

Allentown

J&J, ll.OOOc ...Jan. 1,1916
(Subject to call after Jan.l, 1901.)
...Aug. 1,1916
4s, F&A. 17.000
(Subject to call after Aug.l, 1901.)
4s.

48.

AAO.

8,000

o...

31^8,
314s,

A&O,

0,

Oct. i; 1932

.1909 1934

Bonded debt April

ALTOONA. —John

P. Stouch, Comptroller.
This city is in Blair County. Incorporated 1868, Bonds are tax exempt. Population now_es'lmated at over 58,000.
When Due. Bond. debt Apr.l, 1905. $1,138,000
LOANS—
Funded Loan 18?6—
Floating debt
6,000
4s, J&J. $409,000 r.. July 1, 1906 Total debt Apr. 1, 1905 .1,144,000
(Subject to call after July 1, 1901.) Sinking fund
250,175
Improvkment Loan 1895—
Net debt Apr.l, 1905...
893,825
4a, g, J&J, $280,000 c Jan. 1, 1925 Water debt (included) . .
479,000
(Subjeot to callage- Jan. 1, 1905.) Tax valuation, 1904. ..19,248,100
Water Loan 1894
Assessment about 23 actual value.
to. g,.I&J, $2 0,000 o.Jan. 1, 1924 Total tax (per $1,000) '04.. $1950
-(Subject to call after Jan. 1, 1904. Population in 1890 was
30,337
Refunded Paving Loan 1904- Population 1900 (Census).. 38,973
2*>,000
4s, JA-J. $2
c ..July 1, 1934
(Subject to call July 1, 1914.)
on
the
funded loan of 1836 is paid by Townsend Whelen
INTEREST
& Co., Philadelphia, Pa.; on others at the City Treasurer's office.
CITY PROPERTY.— The estimated value of real estate and pergonal property owned by the city Apr. 1, 1905, was $1,756,600.
I

High School Bonds

(tax free)—

Interest payable offioe Co. Treas.

Edgar S.
BRADDOCK.—
Allegheny County
borough
LOANS
&

A&O,$250,000j&r.l911-35
Bonds of 1886 r
$2,000
Bonds of 1894 r ...
'^2,000
Ref d'g bo -Is of 1900 r.. 92,000

4s, '05,

,

BELLEVUE.This borough
LOANS-

4s,

48*05

($14,000
24,000
( 10,000

.

Assessment about 50%

I'ptrollor.
is the county seat.

Reading

LOANS-

act'l

value

1914'20 Tax rate (per $1,000) 1902. $1700
1921 '23 Population in 1890 was
1,418
1924 Population in 1900 was
3,416

-Dr,

H.

F.

Livingood,

.

M&N,

tax.

When Due. Total debt Jan.

$50,0»0 C.May

1915

J

.

BETHLEHEM.—
William J.
borough
This

Knorr

Braddock School Dist.- Victor

Sec'y.
C.
Value school prop'ty '03.$480.000
School tax 1903
$800

M&S, $117,000

1904-1932
Bonded debt Mar. 24/03. $283,500

4s,

CHAMBERSBURG—John D. Rice, Treas.
the capital of Franklin County,
When Due, Bond, debt May, 1905... $147,400
9,785
3Hi8, $25,000 S-pt. and Dec, 1930 Floating debt
Total valuation 1904. ...2,744,767
(Subject to call after 1905.)
3ia8, A&O, $25,000... Apr. 1. 1933 Assessment is 23 actual value.
Bond tax (per $1,000) 1904.. 400
(Optional after Apr. 1. 1908.)
Borough tax (per $1,000) '04. 5*00
Refunding Bonds—
1919
School
tax (per $1,000) 1904. 7-00
38s, J&J, $97,400.... July 1,
7,863
($10,000 subject to oall after 1900 Population in 1890 was
8,864
and the remaining bonds after '09) Population in 1900 was
This borough

is

LOANS—

(WILLIAM WARD, Comptroller.

TT ___._____^
McOLENACHEN. Treasurer.
— <E
CHESTER.
(FRANK W. HARRISON,
Clerk.

Chester

situated in Delaware County.
When Due.
City

is

LOANS

Paving Bonds—
4i«s,

4g,

F&A, $30,000 0.. Feb. 1,1914

Bonds— (Con.)

M&S, $30,000 go

..Sept.,

1926

Optional after 1906.

(Subject to oall a any time.)
$25,000 o.. July 1, 1927
4s,
City Bonds—
(Subject to call after 1906.)
3128, J&J, $176,000
oJuly, 1929 4s, J&J, $80,000
Jan. 1, 1929
48, 04, C 30,000, 0. .July 1. 1924
(Subject to call after 1909.)
Apr. 1, 1913
J&J. I 40.000.0 .July 1, 1934
( $25,000
Feb, 1907 3i2S,AAO^ 30,000c Apr.l, 1923
48, FA, 10,000 r
40,000 r
July, 1907
48.J-J,
( 30,000 c Apr. 1,1933
Oct., 1908 Bond, debt Apr. 1, 1905 $664,000
4s, S-A, 10,000 r
4s, S-A, 26,000 r
Sept., 1909 hinkingfund
91,401
4s, S-A, 30,000 r
Aug., 1914 Tax valuation 1905
16,112,636
Feb., 1917 Assessment about H actual value.
4s, S-A, 10,000 r
4e, S-A,
7,000 r
Oot., 1918 Total tax (per $1,000) 1905. $19 50
Population in 1905 (est.) .38,000
Populationin 1900 (Census) 33,988
INTEREST is payable at City Treasurer's office.
-

,

,

.

.

.

Chester School District

-H. M.

.

McCoy, Secretary.

Bonds are tax exempt.

LOANS—

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

J&

High School Bonds—

When

Due.
July, 1907
July, 1914

$28,200 r
J&J, 70,000 r
F&A, 9,000 r
M&N, 16/,00r
1,

3133,

J&J, $1-25.000 c.July 1,1931
J&D, 30,000 r. Dec 1.1934

48/04,

Aug., 1906

.

Bond, debt Sept. 1,1905 .$2/8,000
Sinls ins fund
24,000
Asses.ned valuat n, 05. .16.132,796
Sohool tax (per $1,000) 1905. $6*00

May, 1908

COATESVILLE.Chester
[Later data refused by
This borough

is

in

Co.

LOANS—

When Due.

Water and Sewer Bonds—
J&J, $23,000. July

1,

'06 '28

1

3^s, J&J, $76,980.... July

1,

1931

Repavtng Streets—

pects to ha *re the entire amount
liquidated before their maturity.
All bonds are subject to call at
any time.
3i«s, A&O, $26,000 c.-.Oct. 1,1931
4s, F&A, 15,000 o... Feb. 1,1926
4>«8, A&O, 4,600 c
Apr 1. 1916
Bond debt Oct. 1 1905
$45,600
Assessed valuation 1905.4,030,205
Sohool tax (per $1,000) 1905. $6 00

$14,800. Within 23 years

Water Bonds—

4s,

J&J/$19,400

Jan.

(Subject to call) after J uly
4s,

1,
1,

J&J, $1,900

1927
1898
1926

Improvement Bonds—
4a.

1901-1930

J&J, $25,000

Funding Bonds—
48,

,

1926

J&J, $9,900

(Subject to oall after 1906.)
1,

]

Populationin 1890 was
3.680
Population in 1900 was
5,721
(iOAT SVILLE BCHCX.LDIST. —
H. E. Williams, M. D., Prea. The
district is redeeming part of the
bonds below each year and ex-

when $2,000 mature.
Refunding Bonds—
4iss, J&J,

bor. offioials

Total valuation 1902 ..$3,477,570
Assessment is % actual value.
Total tax (per $1,000) 1900.$14'50

.

1903.$160.980

TAX FREE.— All bonds issued by this borough are tax exempt.
INTEREST on the street repaving bonds (also bonds of the school

payable at the National Bank of Chester Valley, Coateson the funding, refunding and water bonds at the Boro' Treas-

district) is

Bonds *re exempt from State

1, 1905.. $217,600
Sinking fund
...22.020
1,
Net debt Jan. 1, 1905 .... 195,580
(Subject to call after May 1, 1911.) Assessed valua'n 1904.84,317,541
313s. M&N, $35,000 0. ..May 1, '20 Assessment about 23 actual value
(S abject to call alter May ,1915.) County tax (per $1,000) '04 $300
Bonded debt Jan. 1, 1905. *85 000 Population in 1900 was lSg.eiS
Floating debtj an. 1. 1905 132,600 Population in 1890 was. .137,327
INTEREST is payable at office of County Treasurer

Funding Bonds—

3>se,

$17,000
. . .

M&N

Bonded debt J uiy

BERKS COUNTY
Co

,•{

I

Sewer Bonds—
,1

$40.000.. Dec. >925 to '28

18.000. Jan. 2,'29'30
10,000... Jan. 2, 1931
(48,000. Jan. 2, '32-' 35
Bonded debt Dec.,1904 $201,500
Assessed valuation 1904 4,253,620

,

4s

J&D.

Imkrovem't Bonds (Tax free)—
f $4,000.... Jan 2, '06,
'11, '12 £'17

.

Imp't

($1,0C0 yearly, except in years
1912, 1916, 1920,1923 and 1926

Sewer Bonds - (Cont.)—

,

Water bonds

Bonds—

Total debt May, 1905.
348,000
7.555,105
4s'05,M&N,$!32,000c.Mayl'06-35 Tax valuation 1904
'«
about
actual value.
Street impt., 4-9s, J&D....$«1,500 Assessment
89,500 Tax rate (per $1,000) 1905. ..$8-00
Reservoir, 4^s, M&S
was....
1890
Population
in
8,561
24,500
Sewer, 4-8s,
15,654
0,500 PoDuiatlonin 1900 was
Refund, street, 4128, J&J.
Impt. bonds, 4^8, A&O... 74,000

Funding

3138,

in Allegheny Co.

,+2,000
1906-1907
8,550
1906 1914
14,000
1906-1919
1907-1913
7,000
4ifl8,
,16,000
1914 1917
4iflS,
5,000
1918
4198
1919-1920
12,000
48. J&D2.
47,000 June 2, 1906-31
(V. 74, o. 1102 for maturity.)
6s,
5s,
413s,
412s,

Mills, Boro. Treas.

in

ia

—

C, M. Piper, Sec'y.
Bond, debt Apr. 1, 1905 .$366,000
Value school prop. 1904 533.000
Interest payable in Altoona.
Tax valuation 1905.. $19,569,608
School tax (Ber M.) 1905
$6-00

l

Bonded debt Aug., 1905. $225,000
Floating debt
57,000
Assessed val't'n 1905. 34,331.612
C'nty tax (per $1,000) 1905 $400
Population 1900
85,099
Population 1890
70,866

-

This

Clerk

the county seat.

Wf"' n Dl,e
LOANS—
Building Bonds -(Tax free)—
S^B.'OS.F&A.ltfO.OOOr.Aug 1,*35
Subjeot to call Aug. 1. 1915.

|

Altoona School District

ia

B.

18,000
99,500

(Part due each 5 years.)
1, '05.$426,200
Floating debt
19,570
Sink ng fund
33,847
Assessed val'fn 1904 .25,009,000
School tax (per M) 1904
$5-00

Apr. 1,1917

Hollldaysburg

_,

A&O.
1

(8ubject to call after Apr. 1, 1902.)
16,000 o .Jan. 1, 1919
4s, J&J,
(Subjeot to oall after ian. 1, 1904.)
64,000 O.Oct. 1, '05-30
3ifl8, A&O,

is

73

j

is

ATT

..

Fink, Secretary.

in Northampton and Lehigh counties. Bonds are
tax exempt Annexation of West Bethlehem authorized by vote Aug.
Debt of consolidated borough follows:
9, 1904
LOANS—
When Due.
Bor. of W. B-th. Bonds—
Ot.d Bor. of Beth. Bonds—
3 i*e/00. F&A, $19,500 c.Feb.1,'30
4s. '8\ J&J, $37,000 o.Jan.1,1915
(Subj. to call after Feb.
1910.)
(Subj. to call after Jan. 1, 1895.)
3V,'<>1, J&D. 5,000 c. June 1,'31
4s,'86. A&O. 50,000 0.. Apr 1.1916
(Subj. to call after June 1, 1911.)
(Subj. to call after Apr. 1, 1896.)
3is8,'03, Far A, 4,000 c. Aug 1/33
4s,'86, A&O, 25,500 o Apr.l, 1916
(Subj. to oall after Aug. 1,1913.)
(Subj. to oall after Apr. 1, 1887.)
Bonded debt Oct. 1, '05.. $241,300
4s,'f9, A&O, 15,000 c. .Apr.l. 1909 Sinking fund
4,063
(Subj. to call after Apr. 1, 1899.)
All int. pay'ble at office of Treas.
4s,'90, A&O, 16.000 c. Apr 1 1920 Assessed valuat'n 1905.$5.911,327
(Subj. to call after Apr 1, 1905 )
Assessment about 70% actual val.
4s. '05 A<*0. 1, 800... Apr. 1, 1910 Total tax rate (per M), 1905—
is

I

I

1

Strekt Bonds—

4s.'97, M&S, 67,500 c.Sept 1/27
(Subj. to call after 8ept 1, 1902.)

,

ville,

urer's office.

WATER WORKS.—The borough owns its water works; cost of con*

Struction, $60,000.

COLUMBIA.—
Harry
Columbia
Lancaster
is

in

LOANS—

Refunding Bonds—
3^8, J&J, $145,000

County.
When Due.

1905. .$14%000
29,923
payable at the Central National Bank, Columbia.

1,

.

NT ER EST is
Columbia School Dist. Columbia Nat. Blc.,
When Due. Bonded debt Sfpt. 18/05
LOANS—
I

—

Treas.

$53,000
4a, A&O, f 23,000 c... Apr. 1, 1915 Sinking fund...
4,246
(Subject to oall.)
Assessed valua'n 1905. 3,548,555
Building Bonds (Tax free) —
Val. sohool prop'ty 1905... 10 1,300
4s. '05. g, 30,000
..Aug. 1,1935 Sohool tax (pert $l,000)1905.$700
(Subject to oall after Aug. 1,1915.)

DAUPHIN
County
seat

is

CO.- -E

Harrisburg.

LOANS 4s, '90,

When

A&O, $64,000.. Apr.

Northampton Co. side ..$2000
1 ehigh Co side
18 80
Population in 1890 was
6,762
Population in 1900 was
7,293

4s,'91,A&0, 50,000..Apr.

Population in 1905

3a,

(est.)... 13,000

Assessin't about 50% actual value
Total tax (per $1,000) 1905.$17 50
Population in 1890 was
10,599
Populationin 1900 was.... 12,316

1929

(Subject to call after 1909.)

Total debt Mar.
Sinking fund

W. Zeamer, Burgess.
Bonds are tax exempt.
Tax valuation 1905
$3,555,108

3s, 02, J&D,
78,000..Dec.
3i«B, A&O, 125,000.. Apr.

Refunding Bonds—

J&J, $300,000.... Jan.

1,
1,
1,
1,

8.

Keiper, Cl^rk Co Cow,

Bonds are

free

from tax.

5s of 1881, paat due. .
Bond, debt Oot., 190:.

$1,500
1910
618,500
1911 Sinteing fund
..74,466
1932 Tax valuation 1905
57 ,098,660
1918 County tax (per M) 1904. ...$450
Population In 1890 was.
96,977
1931 Popmlation in 1900 waa. 114,443
Due,

.

1,

.

PENNSYLVANIA-CITIES AND TOWNS.

74

DELAWARE
Coiintv seat

CO.- -J.

M. Rogers, Coai.

Ci'Jf.

When Due. Bond, debt O 1. 1,1905 $255,000
Tax valuation in 1904.. 55,278,051

War Debts', A&O, $255,000 r.Oct.6,

23 actual value.
Co. tax (per $1,000), 1904... $3 50
94,762
Population in 1900 was

Assessment about

1906

Subject 1o rail after 1900.
Interest payable in Media.

EASTON,

CHESTER «M1TH, Comptroller.
<M B.HULSIZER, Treasurer.

S

This city

is situated in
are tax exempt.

Incorporated 1886.

Northampton County

14,481
When Due. Population 1890 was
LOANS—
(80. Easton annexed since 1890.)
Building and Site Bonds—
3^8, J&J, $15,000 .. July 1, 1932 Population 1900 (Census) ..25,238

£ast"n School Dist.- (add'l)— Dr.
3.000.... July 1, 1932
J&J
J W. H Knerr, Secretary
Permanent Improvkment—
.Oct. 1. 1922
3Jsb, MAN, $16,000. .Nov. 1, 1933 3*38, A&O, $59,000

3%s,

City

(Subject to call Oct. 1, 1 912).
4s. '04,
A, $72,000 Aug. 1, 1924
(Suiiject to call after Aua. 1, '1 4.>
Bonded debt Oct., 1905. .$259,500

Loan—

F&

$211.400

4s, semi-an.,

A&O,

120,200. Apr. 1, 1928
Interest payable by City Treasurer.
$36«,000
Total debt May, 1905..
Tax valuation 1904... .14,507.202
value.
Assessment is % actual
$6-50
City tax (per M.). 1904

3^8,

8inMngfund

.

CITY PROPERTV— The city owns its

__, T1-,

J£JKlJl>.
This city

electric-light plant.

J. A. GENSHEIMER. Comptroller.
}T. HANLON, City Clerk.
in Erie County. All bonds are free from State tax.

—
is

22,90tf

School tax (per $1.000>.'04..$«-50
Assessed valua'n 1904 14,507,202

LOANS—

4s, July,

$70,000

c.July

(Subject to call after July

1907

$256,500 c .Jan 1,
(Subject to cal after Jan. 1, 1897)
4s,M&S, $24,000 c March 1, 1909
(Subject to call after Mar. 1, 1899)
4s, ,1&J. $500,000 o. Jan. 1. 1914
Judgment and Liability Bns—
4s, J&.T,

(Subject to call

c
after July

3*2S,J*J. $19,500

oulyl,

(Subject to oall after July

1921

1,
1.
1.

1911)

1922
1912)

Bonded debt May 1.1905. +989,500

1912)

1,

,

4% bonds have been

authorized but not yet issued.]
When Due,
I $3,000... .May 1, 1906

LOANS—

a*
48,

un
A&u,

May 1, 1907
4s, M&N, < 10 000. May 1,1908 '09
f
10.000 May 1, 1910-*14
(10.000. Oct. 1, 190* '07
1.000
May 1, 915
A&O, ^10,000.. .. Oct. 1, 190'
Oct. 1, 1909 4s.'04.M&s, 75,000c Sept. l.*15 -*4
( 5.000
06
A&O,
8,000.. Apr. 1.1911
'07 4s,
..Tunel,
( 2.000
S

$1 2,000. Apr '0-i-07&09
Apr i, 190 S
14000

I

I

48,

4s.

2.000.

(

Bondeddebt Oct 1. 1 90*. $182,500
Afsessed valu'n 1905 $21, 00,000
Value sch'l prop. 1^05. .1,000,000
School tax (perM.) 1905
$800

3 000 .. June I, 1908
2,000.. Junel,'09-'10

INTEREST

is

1

.

payable in Erie.

HENRY W. GOUGH, Comptroller.
UADDtCDtlDP — >CHAS.
A. MILLER, City

(See
o.Sept ,
79, p. 644,
Interest parable tn Homestead.
3,000 c...May.'06'08
'10
Bonded debt O t..'05.. .50.27,000
4-3s, J&D, 25,000 c.June 20.
4s, M&N, 35.000 C.May 1,1919 Ass'd valuation 1905 ...6,935,715
Sohool
tax (per $1.000), '04.. $800
4s, J&D,
20,000 c Dec 1, 1925
INTEREST is payable at First National Bank, Homestead.

Clerk.

Harrisburg, the capital of the 8tate, is situated in Dauphin County.
This city on Feb. 18, 1902, voted to i»-<ue $1090 000 bonds for
various purposes V. 74. p. 442 $835 200 of these bonds have betn
sold to date. All bonds are exempt from taxation.
When Due.
City Bonds—
LOANS|

Water Bonds-

4s, J&J, $65,000
4s. J&J, 23,000
4s, J&J,
4,000
4s. J vj, 14.000
4s. J&l, 38.800

July

1,

1920
1918
1917
1919

J&J, $130.500.. .Jan. 1. 1913
J&J,
22.600. .Jan. 1. 1914
J&J, 174/00. .Jan. 1,1915
43,400.
1921
J&J,
Jan. 1, 1916
.1923 4s J&J 11,800
J&J,
85, POO
1923
4s J&J.
96,000. .. .July 1, 1924 4*. J&J. 10.000
July 1,1924
3s. J«!j,
75.000 ... Jan. 1. 19M2 Bond debt Aor. 3, 1905.1,41 .600
Public Improvement Bonds—
Assessment debt
176,100
Sept. 1.'07 Total debt Apr 3,1905.1.587,700
31*8
MkS J $180.000..
tf'fiS. MS&.j
182 000 Sep. i ,'08 12 ainkitiK fund assets
282,^23
3Vs. M&8 254 £00 Antt. 31, '13-19 Net debt Apr 1,1905... 1,071.676

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

1

3i2 8,'05,M&S,218,400c.Sep.l,*20-.-

l

City property 1905..

..2,177,654

Population in 1900 was
5016
Population in 1890 was
39,385
INTEREST Is payable at the office of the City Treasurer.
The sinking fund receives yearly appropriations sufficient to pay interest on the city's debt and 5 per cent of the principal.
ASSESSE D V A L U AT O N —The city's assessed valuation (estimated
to be about the full valued and tax rate have been as follows
Total Assessed Rate of Tax
Total 4 ssessed Rale of Tax
Valuation, per $1,000. Tears.
Year*.
Valuation, per $1 ,000
1905
$32 oS'4.465
1896
$23,500,000
$22 50
$19-^0
1904
1894
18-833
31.73V77
22,500.000
28
1.538
19 OO
1903
1890
20,412,135
1225
28.S09.155
18M9
1902
1700
205"
21,396,240
17-00
1901
26,631,875
1880
5,384,629
3750
26,000,(00
1900
17 00
I

Harrrisburg School District.— D.

—

b»- gh,

D.

Hammel

Secretary.
This district, comprising the oity of
the same name, is in Dauphin County.
When Due 4a '05 A&O 5 $10 000 C.Apr. l.'lO
LOANS—

4s, A&O,
4s,A&0,
4s, A&O,
4s, A&O,
48.A&0.

$75,000o... Jan. 1, 1906
12,000 o. .June 1, 1908 Bonds are free from all tax except
30,000 c tOct. 1, 1921
8tate.
20,000 c t April 1, 19 '2 Bond, debt Jan. 1,1905.. $491,500
70.000 o tOet. 1,1922 Floating debt
4,000
7,000 c.JOct. 1, 1914 Total debt Jan. 1, 1905... 495,500
4s, A&O,
4s,AAO, 22,0000 iApril 1. 1916 Kinking fund assets
35 320
4s, A&O, 57,500 c Oct. 1,1016 Net debt Jan. 1, 1905
460,180
4«, J&J,
63,000 c Jan. 1, 1917 Total valuation 1904. 3\883,177
3 000 c. Apr. 1. '08 Assessment about actual value.
ov,. AJhri 5
d*28, A&u,
$ ]0O ono c Ap 1
9 33 School tax (per $1,000), 1904,$6-00
3s. k., J&J. 32,000 o. Jan. 1, 1921
OPTIONAL- Bonds are subject to call as follows: tlO years befoie maturity, and J15 years before maturity.
INTEREST Is payable at office of City Treasurer.
>

is

in

LOANS—

Hospital Bonds—

When Due.

M&M. $10,000
Nov. 1. 1932
(Optional after Nov. 1, 1912.)
MoRRELLVILl.K BoRO. BONDS—
Sept. 1, 1912
5s. M*S, $10,000
1930 Subject to call after Sept. 1, 1897
Sept. 1, 1913
1915 5s, M&S, $10,000.
4s,

Jan.
Subject to call after Jan.

1,
1,

Building Bonds—

M&S, S60.000 ....Sept.
Subject to call after Sent.

1,
1,

May
May

1,

48,

M&N,

Subject to call after Se ..t.

1,

1921
1896

1,
1,
1,
1,
Oct. 1,
$20,000
to call after Oct. 1,

1923
1903
1924
1904
1926
1906

$40,000

Subject to call after

M&S, $25,000... Sept.
Subject to oall after Sept.
4i<2B, F&A, $50,000... Aug,
Subject to call after Aug.

A&O,

Subject

Refunding Bonds—
J&D, $93,000. June
Subject to call

1898.

.

Tax valuation 1905. ...15,794,321

Assessment is % actual value.
City tax (per $1,000) 1905.. .$8 20
Population in 1890 was
21,805
Population 1900 (Census) ..35,936

1931
after June 1, 1921
1

1.

CooPERSDAi.E Boro. Bonds—
Jan. 1,1907
S'OO
6s, J*J,
Subject to call after Jan. 1, 1902
Interest payable in Johnstown.
$326,900
Total debt Apr. 3, 1905
99.302
Sinking fund

Street Improvement—
4*28,

.

1924
1904

River Improvement Bonds—

5s,

Wilson, Comptroller.

Cambria County.

Fire Alarm—
4s, J&J, $8,000

,

Johnstown School District. — W. A.CocHRAN,Sec.
When Due.

LOANS

JAD, $16.000.. Dec.
FAA. 20,000.. .Feb.

5a,
4i«8,

.

(Subject to call after Feb.

1, 1906
1, 1925
1. 1905.)

I

I

opersdale bonds 5s

r-

3,248
Total debt Sept. 1, 1905. 204,248
45.2^4
Sinking fund
Net debt Sept. 1,1905 .. 1 58,994
Value seh property 1905. 650,000
Assessed valuat'n 1905 15,804,475
Sch. tax(per M)'05,$8 30 to $10-80

(Subject to call after May 1. 1906 )
June 1,1932
,-t^s, J&D, $35 000.
Subject to call June 1, 1907.)
Wcod vale bonds, 5s
$1,500

LACKAWANNA CO—John
C >0'«»iifflk>(jtMa'
LOANS—

Funding Bonds—
4s

g.,

Cl'Hi k.

County seat

When Due.

is

I

Mahok,

P.

Scranton.

Court- House improvement—
J&D. $1. 5,000... Dec. 1, 1906
Bond, debt Dec. 14. '04. $590,000
4s,

($50,000. .May 1,1913
M&N ^ 50.000.. Mav 1, 1923
( 50,000. .May l,lfc33

$4,100
7,000

...

Morrellville bonds

Temporary debt

M*N,$130,000.. May 1.1931

3138,

5

jnA.±-tl-tli3t$Ur-iO-.

M&S, $16,000

4it>s,M&N,

-

I

J&D,?

,

. .

5-4s,

3H)8,

[$12,oO0

>-k.

Homestead School District. — J. H Wolliams, S^c.
Wlien Hue. 4s,'04,J&.T,$28.000c.Juiyl, '06.28
LOANS—
'06 '13
for maturity.)
V.

City Treasurer.

Flvnn, Sec B'd Ed.

C

Building Bonds—
1914 4i2S.*Ol,F*A,$3O,O00c. Aup.1,'34
1918 Bond, debt Oct. 1, 1905 $440,500
16,932
1915 Floating debt
1912 Water bonds (incl. above). 119,000
6,935,715
J&J, 20,000. .Jan. 1, 1917 Tax valuation 19<»5
Optional after 1902.
Assessment about s 5 actual value.
5-4s, J&J, 25,000... Jan. 1, 1918 Borough tax (p'r$l,000)'05 $1000
4-00
4s,
J&J, 15,500. ...Jan. 1,1919 County tax (per $1 ,000)
4s.
M&N. 1=.. 000.... Sept. i, 1930 School tax (per $1,000) 1905 8-00
Population in 1905 (e-t.).. 16.OC0
Water Bonds—
12,554
5-4s, M&S, $7,000.. Yearly to '06 Population in 1900 was
5-4s, M&S, 15,000. .Sept. 1, 1910

4s,

— W. J.

'

J&D, $33,000 yrly* to
J&D, 18,000 y'rly to
M&S, 20,000 Sept. 1,
M&S, 6,000. Yearly to

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

on the loans due In 1909 and 1921 is payable at the
City Treasurer's office and at the First Nat') Bank, N.Y.; on the loan
due in 1914 at the First National Bank, N. Y.; other loans at office of

INTEREST

Erie School District.

1

This city

Hinkingfund
451.831
Water debt (included) .. 517.012
3W05..1&J, $52,000.1910-'l5 '20 Value of citv property 2.895.334
Assessed valuation '04 21 120 3"8
Hospital Bonds—
July 1, 1922 As^eNsment about *} actual value.
3138, .J&.T, $15,000
(8ubject to call alter July 1, 1912) Tax rate (per $1,000). '04. $14-25
Population in 1900 was
52,733
Park BondsInly 1, 1922 Population in 1 890 was. ...40,634
3Hss. 1& 1 $16,000
.

When Due.
LO A N S—
Borouoh Bonds—
5 $41,000 c.July 1,1922
a«
<BJ
48, JT*T
5 932
9 3( ooo C.July
^
Street and Sewer Bonds—

Street Bonds—

When Due.

Hill. Ho

Incorporated Oct., 1880.
Water Bi>Nns (Con )
5-48, A&O, $15, 000.. Yearly to '17
A&O. 57, 000.. Yearly to '16
5s,
4^s, '04, F& A, 25,000 c. Aug. 1, '34

in Allegheny County.

is

JOHNSTOWN.—Alex.

5

Refunding Bonds -

[Vol. lxxxi.

HOMESTEAD.—Andrew
This borough

Media.

is

LOANS—

Bonds

—

:

.

Floating de t tadditl)..
66,633
Total debt Deo. 14, 'o4.
656,633
Siuklu fund
19,861
Net debt Deo. 14, 1904.
636,772
Tax valuation 1904. ..38,047,418
Assessment about hi actual value.
County tax (per M/, 1904. ...$8'50

Refunding Bonds—

A&O, $225,000... Apr. 1, 1922
HEFUND. AND hEDEMP. BONDS—

4s,

($3< ,0<0Jan.l0,'15
4s,g'05,J&J>o} 30,OOOJan.lO,'25
( 4O,00OJan.lO,'35

Population 1890 was
142,088
Population in 1900 was... .193,831

M. KAUFFMAN, Treasurer.
H. RATHFON, Comptroller.
This city is the capital of Lancaster County. Incorporated March 20,
1818. Bonds are tax exempt.

LANCASTER.— SJE
LOANS—

4s,

A^-O, $120,000

0.

Relief Fund Bonds—

When Due

Judgment Bonds—

6s. Jan.,

Oct

1.

dEWKK

3138

!"iO\l>N

"

04,M&8.$250,000c.Sept 1 '34
Suhj to call part yearly from '24.)

3>«8,

Value city property
1,515,500
Assessed valua'n, 1905.18.550,826
Real estate, about
25,000,000
Pity tax rate Oper M )*05 .
800
Population in 1900 was. ...41,459
Population in 1905 (est.)... 47,000

,

Water Bonds—

.

1906 20
3 -P,M&V,145,000c.Nov. 1, 1933
(Subject to call; see V. 77, p. 724 )
4s, J-Q.

$1 '4.500 o.Apr.

INTEREST

is

1,

payable in Lancaster.

Lancaster School Dist
48,

tat >
j<bj,^

*3' ,000

<

.Jan. 1, '14-16

30 000cJan
(

r
48, o4,j«b.i,

1,

LEBANON.-

When Due.

City
4s,

A

Schrovp r TrewH.
.

Northern Tr. Co.
Bondeddebt Oct ,1905 $180,000

I

Assessed valunt'n "05 $10,247,521
School tax (per $1,000)1905. $5-00

Tobias Keinoehl, Treasurer.

This city is in Lebanon County,
are exempt from State taxes.

Bonds—
A&O, $45,0000

— H.

Inter't pavable at

1934

(30,0< O.Jan. 1, '17'19
^ 30 QOO.Jan. 1, '21-'23

LOANS—

Perpetual

$14,000 r

Refunding Water Bonds—
J&J, $156,000 c.V.76 p.U56
Bond debt July 1,1905. $819,500

1925

(Subject to call after 1915.)

1923

Subiect to call at any time.

Befuniung Bonds— Tax free.

Incorporated Nov. 25, 1885. Bonds
1, 1905... $255,000
44.038
Net debt Mar. 1, 1005.... 210,!i62
Net water debt (included) 1 '7,9*4

Total debt Mar.
Hlnk'Hg fnnl.

Tax valuation,

10.258,t<33

real

A&0,$125,OOOoApr.l,'07-'32 Tax valuation, personal. 213,730
($21,Ot
Total valuation 1905.. 10,472,663
due every 5 years.)
Funding Bonds Tax free.—
Assessment about aotual value.
10 ..0
3Hs, A&O, $85,000 c.Apr.l,'07-'22 Total tax (per M.) 1905
14,664
Population in 1890 was
($21,000 due every 5 years
Interest paid at City Treas'r office. Population in 1900 was... .17,628

3«*e,

)

Lebanon School District
Bonded debt Oct. 1,1905. $134,800

— Ira M

It

t'

r,

seo'y.
Se<

Value school propertv'05.$870.000
Sohool tax (per M), 1905.. . $5*00

—
Nov., 1005.

PENNSYLVANIA-CITIES AND TOWNS.

j

Cupper
LOCKHAVEN.-John
Clinton
Incorporated March,
P.

This city

is

LOANS—

Nov.

1910

1,

Jan. 1,1907

May 1,1915

,

Water Loans—
July 1, 1910
July 1,1914

J&J, +8,500
19,500

4b,....,

Refunding Bonds
313s, M&S,
$6,000 o.Mar

Refunding Bonds —

(Subject to oall after 1908 )
$25,000.... Deo. 1, 1918
4a,
3J28.M&N, ^4,500... May 1,1924
(Subject to call after May 1, 1914 )

3*28,
4s,

1910

1,

34,000 o May 2, 1917
12.200 c.June 1,1906

M&N.

J&D,
Funding Bonds—
3-65s, F&A, $8,000 c.Aug. 1, 1907
1923 Bonded debt May, 1905... $63,700

,

$10,000

3*28,

M*">r

28, 1870.
Total valuation 1904. $1,693,960
Assessment about ^ actual value.
City tax (per $1,000). 1904.$-!0i'0
7,358
Population in 1890 was
7.210
Population in 1 900 was
Jj'tr.tc
Haven School Ditlrivt.—
M. O. Bentley, Ch. Fin. Com.

County.
When Due.

In

City Bonds—
6s, ..... $25,000
4s,...., 25,000
25,000
4s
3*28,

(Subject to call after 1908
1905. .. $2*2,500

LOWER MERION TOWNSHIP.— G
a

Ra-jr

This towusuip

O

(P.

LOANS—

Sewkr Bonds -(Free

is in

15,000

.

*403,000

—

CO.

J

13,271
10,362

Lower Meri'in Tow shin 8 h ">i
Dist. W. C Powell. Treasurer.
Bonded debt, May, 1905 #-0,000

....Jan. 1. 1934

LUZERNE
The county

School tax (per

|

no. J.

j

1,000), 'Ol..$600

Moore, Treasurer.

Subject

Conduit Bonds—
3>«8, M&S, $30/ 00^ -Mar.
(Optional after Mar.

3ka,

A&O. $20,000

1,

4s,'04$SB18,0i>or

Interest payable at city treasury.

1922

Bonded ovbt Apr. 1.1905$202,000

1912.)

1,

Certificate debt

<>..Oot. 1, 1922
1, 1912.

Street Improvement Bonds—
4s,

F&A, $40,000 c.Aue.

1916

1,

Subject to call after 1906
4s,

Oct. 1, 1905,. $280,000

Sinking fund ...
28,325
Total valuation 1905. 141,122,440
Assesment abt. 25 p. c. of act'l val
County tax(per $1,000)'05. $10-00
Court Hocse Bonds
1909-28
Population in 1890 was... 201,203
48, F&A,$200.000c.Aug. 1,
4e,F&A, 50.OOOi-.Aug. 1,1908-147 Population in 1900 was.. 257.121
Population 1905 (est.)
285,000
TAX FREE.— All bonds of this county are exempt from taxation to
holders. The county pays a State tax of 4 mills.
INTEREST is payable at office County Treasurer.

&

'07
4s, A&O, $20,000 c.Apr. 1906
Int. is payable in Wilkes-Barre.

I

[

I

I

LYCOMING
CO.— Amos Smith, Tr^eu
County

.

11,600
Population 1890 was
Population 1900 (Census)... 28,339

o ..July. 1, 1917
Subject to call after 1907.

J&J, $25,000

.Aug. 1, 1918
F&A, $35,000
(Subject to call after Aug. 1, 1903.)
FREE.— Bonds are exempt from taxation.

TAX

New Castle School Dist.—John H. BHtner, Secy.
Refunding Bonds—
When Due.
LOANS—
A&O, $18,000 o.Oct. 1, 1920

4s, .l&J,

$20,000 c... July

1,

1916

(Subject to call after July 1, 1901

3*28,

(Subject to call after Oct. 1, 1910.)

)

Aug. 1, 918
(Subject to call after Aug. 1, 1903.)
5s, J&D, *2,0<'0c
June 1, 1912
May 1, 1919
3*ss. M&N, $50.000
4s. F.v A,

$40,000 o

.

.

.

This city

is

(Subject to call after 1909.)

3^8, F&A, $40,000 c Aug, 1, 1920
(Subject to call after Aug. 1, '10.)

Water Bonds—

. . .

J&J, $75, 000... July 1,1911
(Subject to call on 60 days' notice)
Interest payable uy City Treasurer.

,

RR. Compromise Bonds—
J&J, $104,600. .July

Reynoldton Bonds—
.

Water 4^s, $9,500
Impt. 5-4s,

Bonded debt Apr. 3,1905 $490,100

1,

1906 Street &sewerdebt(add'l) 234,962
I

1910
1906-1914

9,000

Improvement Bonds—

I

Total debt Apr. 3, 1905..

Sinkingfund

725,062
27^,196

Oth asst- ts.'asaess'ts, etc 234, 4o7
Net debt Apr. 3, 1905... 217,459
1919 Water debt (included)
102,000

Aa
T.«,T 5 «2.000 ...Jan. 1.
48, J«KJ.^ig
ooO.. Jan. 1,1920-25
(

. . .

!

1

Asa'd valuation 1905...19,279,'.76

Assessment about ^ actual value.
4s,'05, J&.f, $50,000 Jan. 1, 1931 Citytax (per M) 1905
$10 75
(Subject to call on Jan. 1, $2,000 Total tax (per $1,000) 1903. 21 00
yearly, 1910 to 192s, and $3,000 Population 1890 was
20,741
yearly, 1926 to 1931, Inclusive).
(Reynoldton Boro. and part Versailles Twp. annexed since 1890.)
Population 1900 (Census).. 34,227
TAX FREE.—The Railroad Compromise bonds are tax exempt.

Various Purposes—

I

McKeesport School District
3^% bonds are
LOANS—
$i

The
4*28,
4*28,
4*38,
3*28,

M&S,
M&S,

J&J,

A&O,

tax-exempt.
When Due.

1910
1910
1910
1924

9,000 e
48,000 c
20,000 o
65.000
'<

J&J, 92,OOOop'rt y'rly to'27
3ifl3,M&N, 100,000 o.May 1, 1930

Edwin Metcalf, Treas'r.
NORRISTOWN.—
Montgomery
borough

This
Mar. 31 1x12.

— Ooas.

P. F.edl r

LOANS—

A&O, $150,000

Jan. 1,1929
(Subject to call after Jan. 1, 1904.)
4s, J&J, $S5,0u0
July 1,1933
(Subject to oall after 1918.)

Bonds—

J&J,$1S000
J&J, 29,-00
J&J, 19,000

M&S, 7,900

July 1, 1907
July 1,1906
July 1,1907
Mar.l, 1916

All bonds are subject to

call.

Bonds

Interest

When, Due.

1906

is

1935

payable at City Treas'y.

Bonded debt Apr.3, 1905 $259,700
Sinkingfund
81,009
Net debt Apr. 3, 1905
17-.691
Total valuation 190i

3,411,467
actual value.
Total tax (per $1,000)'1905.$2 <-00
Population 1890 was
9,520
Population 1900 was
10,291
of '07, '16 and'35 free of State tax.

A8sessmeut

abt.

50%

—

E. L. Huai^s, S^cV
Bonded debt Sept. 1, 1905. $2,000

Assessed valuat'n 1905..2,s00,000
School tax (per M.) 1905. ..$10 00

MONTGOMERY CO.— R.

p.

Miller, Clerk.

Norristown. Interest payable at Norristown.
H hen Due. Interest payable at Norristown.
LOANS—
Refunding County B.jnds—
Total debt Oot. 1, 1905 ..$475,000
3kss, A&O, $75,000 r.Apr. 1, 1920 Tax valuation 1904
91,^32,345
Subject to call after Apr. 1, 1910. County tax (per $1,000) 1904. 2-00
Court House Bonds Population in 1890 was.. ..123,290
3!sb, M&S, $400,000 r. 1908-1933 Population in 1900 was....l38,9'J5
($50,000 due every five years )
is

.25,000
Population 1905 (est.)
Population 1900 was..... ..22,265

J&J, $160,000 r July 1,1930
Subject to call after 19t 5.
N T E R EST is payable at the Borough Treasurer's ofHoe
TAX FREE— All bonds are free from State tax.

.

I

— Irwin

Norristown School District
Bonds are

all

exempt

Fi'sher, Sec.

Iroin State tax

LOANS—
3>28,

Interest payable in Norristown.

When Due.

J&D. *100,000

Bonded debt O

t. 1, 1905 $200,000
Sinkingfund.
34,925
Assessed valuat'nl905»l 0,146,750
Assessment about 60% actual val.
Value school prop'y 1^05 350,000
School tax (per $1,0C0) 1905. $7-00

1919

(Optional after 1909.)
1927
M&N, $50,000..
(Subje t to <al after Mar h. 1907)
3*«8,'04,A&0. 50,000.. Oct.l. lv»34
(Subject to oall after Oct. 1, 1914.)

piTTT AniTT
JLi xi. 1_ PHTA
Ir" ril A.

r-'rlil_,

A

—

JOHN WEAVER, Mayor.
john m. Walton, comptroi'r.

<
}

Philadelphia, co-extensive with the county of the same name, is the
third city of the United States, and has an area of over 130 square miles.
The oity was founded in 1681 by William Penn, chartered in 1787, and

consolidated In 18 =>4 with numerous outlying districts and boroughs.
Many seotions of the oity of Philadelphia still retain their old names
and are constantly referred to as such. Among these may be
Germautown. Maaayanft, Frankford, Bridnaburg, tioxm. ntione
borough, West Philadelphia, Richmond, etc., etc. The county is under
oity control and has no separate debt. [ This city on Nov. 7, 1905,
voted to issue $4,000,000 grade-crossing bonds.]
1

LOANS-

Interest.

-

MAME AND PURPOSE.

A to T

series

r3

Serial loan, Feb. 6, 1893 r3

do

do

do

Apr.

do
3,

r4

Jan. 13, 1896 r3i2

do

do June

17,

of

June
19G4

18,

$

M& N
J

& J

J

&

\

Principal
Oulstand'o.

,

..

When Due.

Nov.l,1906to'19> *•»>"">""*'
M^nnnit
$230,000 yearly. \
7
2 275 » 000
^ivsfoOOyearly \
875 000
>

J

Jj^ooo'ye^!

1898 r3

1898 r3

&

J

& J | ©0,000

J

&J

3«a
r3i2

\

J

J

A,
&
& J
& J

geVooo'ye^riy

[^ jobyeariy ^

Reservoir loan, series
to T.

1892

Twelve million

&

A
J

1,120,000
280,000

>

J

\

3
yearly*

Dec. 31, 1924
Dec. 31, 1924
Dec. 31, 1924

J
{

950

-

00<J

\

^nlnf^D^
Dec.

& Jl

J&J
J&J
J&J

8,400,000
}

1,306.000
16,000,000
2,584,000
dufy'rly \
Dec. 31, lKOo-21
5,100,000
87,000
D*c.3l, l«22

5

r3

2,000,000
i

July, 193*

of Mar.

do
do r3»2
do
do r3*4
do
do r3is
do....l897r3i2 J

2.400,000

2

J&J
J&J
J&J

do
do
do
do

yeariy*
2

T J Dec. 31, 19v}3-'24
J£
Dec. 31. 1925

J & J ^^oob
\
JrSMiJ & J
15,1894.
Jr3^»J & J
Refunding loan... .1895 13*2 J & J
^50,006

Rel'd'g loan Nov. 8,1 894

Subway loan

'

3,895,000

JJ^o^Si

J

isqa rtl„
fin June
Tnr.Al-7
T
r3i3 J
do
17, 1898
do

,

3
1894 rS^ J & J \ ^oVSo'Sy
\

^95,3

«o

—

Rate Payable.

Phreep. ct.loan,1890-91,

Loan

4s, '05, J&J, $30,000
(Subje. t to all 1910.)

Meadville School Dist
Building Bonds—
4s,M&S, $2,000

County seat

1905.$l75O

Total tax (per $1,000)

(Suoject to call after 1902.)
g..A&0, $150 000 r.Apr.1,'32
(Optional April 1, 1907.)

Haas, Comptroller.

Refunding Bonds— (Tax free)—

When Due.

Water Works Bonds—

City

County. Incorporated

the capital of

312s,

J&J,$254,000 Jan.2,*10-34
See V. 80. p. 1933 for maturity.
Bond, debt June 1, 1905.$598,000
Sinkingfund
119,101
Net debt June 1, 1905... 478. 8»9
Assessed valua'n 19u5 19,^79,676
8-50
School tax (per M.) 1905

city is in

4-4s,
4s,
4s,
4s,

is

When Due. Bonded debt Aug. 1,1905.$470,000
LOANS—
10.814 050
Tax valuation 1905
Borough Bonds—
3i28, g., A&O, $160,000 r.Oct.1,'27 Assessment about '^3 actual value.

4s,'05,

MEADVILLE.—
Henry
Ihis
Ciawford County.
4s,

1921

NT E REST payable by City Treasurer.

,

4ifl8,

1.

5s,

July 1 1920
4e,M&S,$121,O00seriallytoSep,'17
6s,

2M

E. Soles, Comptroller.

When Due.

J&J, $42,000

I

3i3«.

Funding bonds—
4128,

.

in

LOANS—

Aug.

(Optional after Aug. 1, 1911.)
3i28,'05.M&N.-i>35.000.May 1,1925
(Subject to call May 1. 191.-.)
Bon'led debt Apr. 1,1905. $190,000
Assessed valuat'n '04. *15, 505,740
School tax (per $1,000)1^04 $8 50
Tax Exempt.— Bonds are all tax

3s, g.,

is

McKEESPORT.—
0.
Allegheny County.

F&A, $20,000

3138,

i

.

Refunding Bonds—

tr

Williamsport.
When Due. 3s, M&S, $130,500 C.Sept. 2, 1926
LOANS.—
Feb. 1. 1913 (Subject to oall after Sept 2, 1916.)
48, F&A, $20,000
Total debt May, 1905
(Optional after Feb. 1, 1903.)
$425,500
4s, J&D, $40,000 r.. Dec. 1. 1914 Tax valuation 190
21,053
Population in 1890 was
(Optional after Dec. 1, 1904.)
70,579
Population in 1900 was
Refunding Bonds
75,663
3*3, M&N,$235,000c.Nov.l,*08 13
($40,000 yearly.)
seat

0,9>-

•

Total debt Apr. 1, 1905.. 282.9S5
Total valuation. 1905... 17,956,010
Assessment about *2 actual value.
City tax (per $1,000) 1904.. 17 50

Sub. to call after Oot.

exempt.

When Due. Total debt

County bonds—

Hern.

Electric Light B>nd8—
Aug. 1, 1906
M&6,\ 9,000 r ...Auk, 1, 190T

0.. Aug. 1, 1911
to call after 1906.

F&A, $15,000

seat is Wilkes-Barre.

LOANS.—

RHODE8,

is

,

4s,

Montgomery County.

Population 1900
Population 18i»0

3»t8,J&J, $200,000. Julyl, '08 to'28
(*40,u00 duo «ach 5 v>.ars.)
3^8, J&J, #50,000 ...July 1,1 933
4s.'04> 150,000.Jan.,'19,'24&* 9

J&J?

LYMAN C. HUGHES, Comptroller.
A. E.

|

C

When Due. As-essed valu'n 1904 $11,100,770
Tax rate (per $1,000), 1904 + 6-00
of tax.)

Bond debt May, 1905..

<

)

the capital of Lawrence County. In 1897 the boroughs
of West New Castle and Mahoning town were annexed to the oity.
Street Improv't Bonds— Con.—
When Due.
LOANS4s,
$12,000 r
Sewer Bonds—

This city

«.

Ardmore)

75

4s,

,

Anderson

^
a ot^t cr
CAi3ll_.ll..
—

.,„„,
NEW

)

Total debt Ma,

5

)

'.

31, '05 to '21
$50,000 yearly. £

44,000
5,000
1,000
}

650 009
>

a=mnno
sov.vvv

3,000,000
1900 r3
July 1, 1930
9,000,000
.1901 r3*2
July 1, 1931
5,000,000
Flve-mtllion-dol.loan'02r3ia
July 1,1932
Registered loans overdue and yet outstanding
25,900
40,ft20
Non-registered loans overdue and yet outstanding
14,000
Non-registered coupons overdue and outstanding
Bonds are in pieces of $25, $50, $100 and $1,000
PAR OF
INTEREST payableby Farmers' & Mechanics' Nat. Bank,Phila.,Pa.
DEBT, SINKING FUNDS, Etc.—The subjoined statement
shows Philadelphia's total municipal debt, and the sinking fund held by
the oity against the same, on the dates mentioned. [By a decision of
the Supreme Court of Pennsylvania, tiled May 31, 1894, it is held that,
within the meaning of the word "Debt" in Section VIII, Article IX,
of the Constitution of Pennsylvania, the real debt of the city is the

water loan
do
do

BONDS—

TOTAL

—

—

)

)

-

PENNSYLVANIA—CITIES AND TOWNS.

76

)

[Vol. lxxxi.

authorized debt less the amount of the city certificates purchased and
uncanceled in the sinking fund.]
J"n. 1, 1904
Aug. 1, 1905. Jar.. 1, 1905.
$56,337,245
Bonded debt
$69,851,820
$69,354,270
4.995.57*
4,377.600
City lc ans heldin sink. fds.
5,895 ,800

agricultural tax, or one- third of the full tax rate. The taxable valuation
of all property for 1905, after making some slight deductions for

$51,341 ,670
$65,474,220
Net debt on dates named. $63,458,470
$1,387,906
Outstand.warrants (addit'l) $254,050
$1,963,857
The cash on hand in the city treasury Aug. 1, 1905, was $17,259,534 03, exclusive of the cash in the sinking fund, which aggregated
$1,940,555 34.
The amount of bonded debt redeemed by the Sinking Fund Commission
during the year 1904 was $2,501,125. Among the assets held by the
oity for many years were 45,000 shares of Philadelphia & Erie RR.
stock, par value $50 per share, market value $49 per share. This
stock was offered ior sale on Nov. 15, 1904, and subsequently awarded
to Drexel & Co., the highest bidders, at $58 63 per share.
CITY PROPERTY—The real estate owned by the city Jan. 1, 1905,
was valued at $78,769,019, an increase over that of Jan. 1, 1904, of

Pittsburgh School Districts

$11,981,650.

following shows the annual
ASSESSED VALUATION, ETC.-The bonded
debt and outstanding
to the sinking fund, amount of

payments

warrants, assessed value of property, and the tax rate, for years indicated. Property in this oity up to and including 1903 was assessed at
about 80% of its actual value. In 1904. however, values were
inoi eased to about real value, resulting in a decreased tax rate.
Paym'ts to Total Municipal Assessed real and Tax rate.
Personal Valuat'n. per$l,000.
Debt Jan, 1.
Sink. Fund.
Ytart
$15-00
$71,815,677
$1,185,899,831
1905
15-00
57,725,151
1,162,074,023
1904.'!...$2,047,3?4
18 50
911.968,674
60.650,220
2,027,900
1903
1850
61.374,591
901,009,664
1902.'.
1,263,941
18-50
894,628,974
56,503,333
1,268,756
1901
18-50
880,935,265
56,772,230
1,022,114
1900
18-50
55,168,028
782,677,694
419,260
1895
1850
688,713,518
56,777,370
602,590
1890
1850
64,131,362
597,785,428
660,986
1885
2000
72,264,595
536,667,834
806,605
1880
2150
575,283,968
64,390,463
785,899
1875
1800
479,776,643
45,093,247
519,197
1870
2800
159,119,928
32,763,899
329,340
1865
2000
155,697,669
173,737
21,356,759
I860
POPULATION.—In 1900 was 1,293,697; in 1890, 1.046,964; in
1880, 847,170; in 1870, 674,022. In 1905, estimated, 1,438,318.

PITTSBURGH. —

JOHN B.

La'rkin, Comptroller.
This city is situated in Allegheny County. Legislature of 1905
passed an Act providing for the annexation of Allegheny, but law has
been de- lared unconstitutional.

LOANS—

'

NAME AND PURPOSE—

\

Interest.

City building, refun.. 1880 c&r 5
Free bridge bonds. 1895 c & r 4

Funded

—

,

Bate. Pay'ble.

A & O
M&N

Principal.
Outstand'g

,

Apr.

May

1,
1,

1910 $170,000
1925*1,050.000

Subject to call 1-10 every 3 years.
1869 c 7
debt bonds
J & J July 1, 1909

1869 r
1872 r
Funded debt improv... 1883 c
1883 r
do
do
do
1882 r
do *
do
do

do
do

7
7
5
5

5

,

When Due.

J & J July
J & J Jan.
J & D June
J & D June
J A D June

1,
1,
1,
1,
1,

140,000
360,000
121,000
68,000
,335,000
77,000

1909
1912
1913
1913
1912

(Apr. 1, '06-30)
3 1* A & O ]
$700,000 I 6.300,000
City bonds, loan of 1900
( every 3 years
180,000
Health tern, loan bds... 1903 r 3*2 A & O Oct. 1, 1908
.... r 4
do
J & J Jan. 1, 1909
75,000
do
1885 c 4
53,000
Improvement bonds
J & D Dec. 1, 1915
do ....1885 r 4
J & D Deo. 1, 1915 3,681,700
do
1904 <&r 4
J & D Juue 1909 34 1,161,000
Judgment bonds
One-Mxth due every Ave years.
A & O Apr. 1, 1910
Market bonds, refunded.l 880r 5
25,000
May 1, 1925 *1,225,000
Public Park bonds., 895 c&r 4
Subject to call 1-10 every 3 years.
*350,000
May 1, 1925
Public Safety bonds 1- 95*c A r 4
Subject to call 1-10 every 3 years.
*35 0,000
i895r 4
May 1, 1925
Boulevard bonds
Subject to call 1-10 every 3 years.
Railr'd compromise bd?. 1863 o 5
817,000
J & J Jan. 1, 1913
do
do
do 18' 3 r 5
J & J Jan. 1, 1913 1,012.803
201,000
do
do
do 1863
4
J & J Jan. 1, 1913
152,397
do
do
do.1863 r 4
J & J Jan. 1, 1913
300,000
Water bond*
1878 r 6
J & J Jan. 1, 1908
*
May 1, 1925 1,400,000
do
1895 c&r 4
110 every 3 years.
Subject to call
2,000,000
Filtration bonds
1905 c 3h
April 1, 1910,
i 423,000
Bef and. Water exten.loan.l898r 3%] A &0^
$313,000.
Subject to call $90,000 yearly.
62.000
E. Binnintrham funded. 1888 r 4
M &H Mar. 15. 1918
Elllottbonds
4'*
June 1. '07 31
30,000
June, l.'lO 30
2^,000
do
do
4
'

M&N
M&N
MAN

i

M&N
A&O

J&D
J*D

Coupon oonds.
(r) Registered bonds.
(g) Payable in gold.
These issues form parts of the $6,250,000 loan authorized in 1895,
and the amounts here given represent the portion now outstanding.
PAR VALUE OF BONDS— Bonds are for $100 and multiples.
TAX FREE.— All issues of this city's bonds are exempt from taxation
except the refunding water extension loan and the 3*4% loan of 1900.
(c)

*

INTEREST
the

Bank

of

is

payable at the City Treasurer's oltlce in Pittsburgh, al
in New York and at the Pittsburgh Trust Co.

America

TOTAL DEBT, SINKING FUND, EtcMay

1,

(incl.

$

$

21,391.201
6,496,328

21,506,201
4,942,863

Net debt
13,041,770 14,036,194 14.894,873 16,563,338
The sinking fund receives yearly $800,000 from appropriations and
Investments.

DEBT LIMITATION—Pittsburgh's debt is limited by State Constitution to 7 per cent of the assessed value of real estate.
ASSESSED VALUATION.—Thecity's assessed valuation (estimated
at about cash value) and tax rate have been as below.
Tax rate for
1905, $1300.

1900 population was 321,616; in 1890
238,617; in 1880, 156,389; in 1870, 86,076.

Assessed Valuation.
Oily Tax
Personal.
Total.
per $1,000.
$462,869,360
$2,2*9,' 95
$46\ 39.055
1905
451.351,966
2.013,380
453,365,346
$12-50
1904
4.900,935
376,896,567
371,995632
1903
15-00
363.784.270
4,900,935
1902
358,883,335
4,594,355
352,582,792
15 00
1901
347,988,437
322,255,364
1,866,130
1700
1900
320,393,234
12-00
288,486,422
1,988,985
1896
286,497,437
200,453.626
1500
1890
1,873.359
198.580,267
111,530,608
1300
1885
108,530,608
3,000,000
1600
107.342,978
1884
105.404,720
1,838,258
For the year 1905 the assessed valuation of real estate inoludes the
valuation of property to the amount of $178 ,844,200 which paid a rural
ax (two-thirds of full tax), and $£,543,462 which paid a so-called

was

— Chas. Reisfar Jr.,

The various sub-school districts of Pittsburgh have an indebtedness
entirely separate from that of the city proper. We give below their
bonded debt on February 1, 1905 aggregating $2,462,500, and the assessed valuation of each for 1904.
Assessed
,

Bonded
Debt.

Allen Sub-School Distrlct^31st Ward
Beltzhoover Sub-School District— 38th Ward
Brushton Sub-School District^37th Ward
Colfax Sub-school District— 22d Ward
Forbes Sub-School District— 6th Ward
Franklin Sub-School District— 7th & 8th Wards..
Hancock Sub School District— 5th Ward
Hi land Sub-School Districts 19th Ward
Homewood Sub-School District^2 1st Ward
Howard Sub-School District- 16th Ward
Liberty Sub-School District^20th Ward
Lincoln Sub-School District— 21st Ward
Luckey Sub-School Districtr-35th Ward..
Minersville Sub-School District^l3th Ward
Moorhead Sub-School District -11th Ward
Mt. Albion Sub-School District— 18th Ward
Mt. Washington Sub-School District-32d Ward.
Oakland Sub School District— 14th Ward
Peebles Sub-School District^23d Ward
Riverside 8ub-School District— 34th Ward
Sterret Sub-School District^22d Ward
St. Clair Sub-School District— 27th Ward
Stevens Sub-School District-36th Ward

POTTSVILLE.-G.
This borough

$44,500
30,000
138,000
197,500
7,500
40,000
30,00o
222.000
190,000
96,000
110,000
200,000
34,000
199,000
7,000
121,000
32,000
106,000
266,100
5,000
323,000
40,000
24,000

Berner,

A.

Valuation
1904.
$2,826,182
1,636,452
4,656,015
21,491,253
8,078,326
7,469,962
7,408,441
28,761,323
13,066,370
8,026,157
44,507.417
10.234,454
2,281,411
9,979,283
5,918,854
9,132,429
5,340,098
128,740,649
13,338,669
2,205,152
11,126,131
4,003,898
1 ,822,665

Cl«rk.

in Schuylkill County.

is

Bridge Bonds—
When Due.
LOANS—
1906-1907
4s, J&D, $2,000 r
c.May
A&O,
Int. is payable at Boro' Treas'y.
4s,
$31,000
1,1911
Engine House Bonds—
Bond, debt Mar. 7, 1905. $96,000
Funding Bonds—

J&J, $7,000 r
Refunding Bonds—

Sinking fund
12,540
Tax valuation 1905
6,227,610
1929 Assessment about *2 actual value.
3*28, J&J, $54,000 o
(Subject to call after 1909.)
Boro' tax (per $1,000) 1905. $8-50
Building Impkove'mt Loan—
Total tax (per M ) 1905).... $2300
4s, J&J, $1,000 r Jan. 1, 1906-07 Population
1905 (est.)... 17,000
Population in 1900 was
15,710
The bonds due in 1911 are subjeot to call after Ave years from date
of issue; those due in 1913 after 10 years.

1913

4s,

m

Pottsville School District

— W.

Bonds are exempt from taxation.

F.

S^Wrer,

Spe'y.

Interest is payable at Treas-

urer's office.

Refund'gB'ds— (Free from tax.)
1932

,$121,500c

3^8.

(Optional after 907.)
1, 1905. $121,500
1

Bond, debt June

np a T~»l M/"""<wT.
KJ1A1J11N
This city

is

CD
—
CHAS.
County
5

AS. L.

}

C.

Sinking fund
$12 00
Val. school prop'ty 1904. $350,000
Assessed valuation 1905.6,228,000
School tax (per M.) 1905. ...$800

MOLL,

Comptroller.
City Clerk.
All bonds are tax exempt.

WELTMER,

seat of Berks Co.

the

LOANS—

Pavtng Bonds— (Con;)

When Due.

Refunding Bonds—
4s, A&O, $200,000 c.Apr.

A&O, $80,000 ...1909-1924
($20,000 every fifth year on Apr. 1.
4s,

1918
1898
1913

1,
1,

Sewer and Paving Bonds- A&O, $100,000 0.. ..1907-1927

Subject to call a fr Apr.
A&O, 100,000 O.April I,
Optional after April 1, 1903.
4s, A&O, $60,000o.Apr. 1, 1908 28
($12,000 due every 5 years.)

4s,

4s,

($20,000 every flfthyearon Apr.l.)
BondeddebtApr.,3'05. $1,260,000
Sinking funds
132.627
Net debt Apr. 3. 1905.. 1,127,373
Water Bonds—
400,000
.Jan. 1, 1912 Water debt (inoluclert)..
4s, J&J. $75,000c
Water sink, fund (lncl.)
(Subject to call Jan. 1, 1907.)
32,690
Value
city
Bonds—
propertyRefunding Water
Water
1919
works
Jan.
2,327,069
1,
4s, J&J, $125,000 0...
Other property
(Subject to call Jan. 1, 1904.)
1 1 f '9 ,447
4s, J&J, $200,000 0. .July 1, 1920 Assessed valuarn 1905.49,038,755
Assessment about *i actual value.
Paving Bonds—
4s, F&A, $160,000 o. 1907 to 1922 City tax (per $1,000) 1905. .$1000
($40,000 ev'ry fifth year on Feb. I.) Total tax (per $1,000),*05.. $17-00
4s, A&O. $80,000
....1908-1923 Population in 1900 was.... 78,901
Population in 1905 (est.). .100,000
($20,000 every tl fth year on Apr. 1
1907-1922
48, J&J. $8<>,000 c
($20,0n0 every fifth year on July 1.)
INTEREST is payable at the office of the City Treasurer.
,

.

Reading School

Dist.

—

B.

.J.

Kenninger, Treasurer.

This district, comprising the oity of the same name, is in Berks
County.
When Due. 3^8. A&O, $150,000.. Apr., 1,1934
LOANS—

1929

(Subjeot to ohII after Apr.l, 1909.)

65,000. .April 1, 1930
(Subject to call after April 1, 1905.)

Bonded debt Feb.25,'05. .$430,000
School tax (per$l,000)1904.*400
For assessed valuation, population, &c, see oity of Reading.

3Hj8,F&A, $35,000
3*28,

A&O,

3»«8,

J&D, $40,000 .June 1, 1931
June 1, 1906)
.

(optional after

SCHUYLKILL
CO.—Frank J. Noonan.Ti
County

Sept. 1, 1921
38, M&8, $32,800
(Subj. to call after Sept. 1, 1901.)
All bonds exempt from taxation.
Interest payable in Pottsville

LOANS—
A&O $00,000

C/-^0 A TvT-rr-.M
CJlN. —
OCKAJN
1

is

in

J
J

Bond, debt Nov.

1904 $441,900

I.

CONNELL, Mayor.

EDWARD EISELE,

Comptroller.
23, 1866.

Lackawanna County. Incorporated April

LOANS

Interest.

'

1904
1905
Fire Depart, bonds. 1904
.
a „ m „_,
lonn
8ewerbonds
1900
1904
do
do
do
1905
do
City improvement.... 1886

4
4
4

4

.1886

4

J

do
do
do
do
Bridge andlmp't
Building bonds

,.
31*

4
4

1

When Due.

June 1, 1909
June 1, 1914
Junel, 1919
I, 190o-34
July 1, 1 «29
July 1, 1906-29
5 Junel, 1910
^
Jun(, 1 1915
July 1, 1906-23
July 1, 1929
July, 1906
July A.. 1907 : '16 I
$3,500 yearly. J

Feb.

<te

T

Principal.
Outstand'g.

.

.

Rate. Payable.
1894 4>a
1894 4ia J &
1894 413 J & D

J&DD
F&AJ
J
J&J
D
J & n
J&J
J&J
J&J

Bridge loans

.

;

'

do

1,

Total valuation 1904.. .47.500,000
County tax (per $1,000) '04..$8 00
Assessment abt. 60 p.o. actual val.
Population in 1890 was... 154,163
Population In 1900 was... 172,927

ALEX.

NAME AND PURPOSE

do

a'

Pottsville.

is

When Due.
Apr. 1, 1914
Optional after Apr. 1, 1899
Oct. 1,1916
4b, A&O, $75,000
Subject to call after Oct. 1, 1906
3s, J&J, $200,000. .. July 1, 1919
(Subject to call July 1, 1899 )
Jan. 1,1921
3s, J&J, $74,100
(8ubject to oaU Jan. 1, 1901.)
4s.

.

Real.

it

Sec. Central IV d of Education.

Thia city

,

Tear.

$401,252,591.

is

POPULATION— In

seat

1905. Feb. 1,1905. Feb.l, 1903. Feb. 1,1902.

bonded debt
$
$
water bonds)..21, 002,302 21,017,302
7,960,- 32
Sinking funds
6,981,108

Total

exemptions,

& JI

$50,000
50,000
60.000
5v,000
100,000
96.000
45,000
45,000
36,000
38,000
2,000

35000

F

.

PENNSYLVANIA-CITIES AND TOWNS.
—
Principal.
When Due.
LOANS—

NOV., 1905.]

LOANS-

Interest.

NAME AND PURPOSE.

.

Rate. Payable
When Due.
4J« J &
Dec. 1, 1906
4 4j
Deo. 1, 1911
413
Deo. 1, 1916

Outsland.

Municipal improv'nit.1891
D
$23,000
do
ao
1891
D
22,000
do
do
....1891
D
23,000
Funding loan
1886 4
J
July 1, 1906
15,000
Municipal building ...1890 4
A Feb. 1. 1910
30,000
Park bonds
1899 4
J
July 1, 1907
10,000
do
.,...1900 4
J
July I, 1910
10,000
1901
do
7...
4
July 1, 1913
J
10,000
32,000
Judg'tfund'g bonds.. 1903 313 A & O 5 Oct, 1, 1907&'12
JOct.l. '17-22-27-32 68,000
do
do .1905 4
A & O Apr. 1, '10'35
330,000
($55,000 dne each Ave years.)
Street Paving Bonds. 1905 6
J & D
July 1, 1910
22,000
(Subject to

cull.)

Redemption bonds.. .1893 4*2 J & D
June 1, 1908
34.000
do
do
...1893 4ia J & D
June 1, 1913
38,000
do
do
...1893 413 J & D
June 1. 1918
38,000
TAX FREE.— All bonds issued by this city are tax exempt.
TOTAL DEBT— The subjoined statement shows Soranton's indebt
edness on the dates mentioned. The total bonded debt in Mav. 1905
was $1,215,000
Apr. 30, 'OV Apr.9, '04. Mar. 6, '03. Apr. 1, '02.
Total bonded debt. . .
$745,000
$804,000
$740,000
$742,000
.

Floating debt

354,580

58,484

140,550

171,225

Total mu'eip. debt.$ 1 ,0 '9,580
Less sink'g funds, &o.
397,601

$862,484
413,550

$880,550
495,532

$913,225
381,185

$448,934

$385,018

$532,040

Net debt
The above-stated

$701,979

assets, on Apr. 30, 1905, consisted of bonds of the
redemption loan series of 1893 amounting to $79,000, park bonds
amounting to $30,000, judgment fund loan of 1903, $100,000
$7,807 25 cash in the sinking fund, $60,530 06 cash in the city

treasury and $50,000 delinquent taxes.

ASSESSED VALUATION—The city's assessed valuation (previously
was assessed

one-third cash value)
Tears.

at full value in 1902.

Real

Personal

Total Assessed

Estate.

Property.

Valuation.

1904
$63,379,770
$1,377,310
$64,-57,080
1902
64,322,093
1,364.610
65.686,703
19C0
22.106,533
1,354,930
23.461,463
1895
18,597,764
1,021,540
19,619,304
1890
15,196,294
1,189,540
16,385,834
1880
4,582,871
97,934
4,680.805
The city tax rate in 1905 (p. $1,000) was $5-1 68 on 1st class property.
$3-4449 on 2d class property and $2-584 on 3d class propertyT 1st
class is that section of the city wherein the majority of the lots is
built upon and Improved, 2d class constitutes the unimproved section,
and 3d class farm lands, etc.
POPULATION— In 1900 (Census) was 102,026; in 1890 it was 75.215; in 1880 it was 45,850; in 1870 it was 35,092.

Scranton School

Dist.

LOANS

—Eugene
D. Fellows, Sec
A&O,

$250,000 O.Oct. l,'15-'33
($50,000 due 1915-18 23-28 & '33)
$6O,O0OcAu.l,'14&28
PAA i 100.000cAu.l,'16&20
3V>s
d-*8,J-<6A,<
40,000c Au. 1, 1926
50.000c Au. 1, 1932
(
Bonded debt Apr. I, '05 $1,020,000
Sinhingfund
161,'>00
School tax (per M.) 1904
$6*00
Val. sohool prop'ty 1904.2,014,000
4s,

$150,000c 4%s, redeemable July,
1908-1913 and 1918.
$75,000c 4*28, redeemable July,
1915, 1919 and 1920.
40,000c 413s. matur'g Apr. 1, '22
40,000c 4128, matur'g Apr. 1, *25
40,000c 4*28, matur'g Apr. 1, '27
60,0000 413 9, matur'g J ue,'26&2S
40,000c 4^8, matur'g J'ne 1, '30
"~
75,000o 4128, matur'g J'ne 1, 31
INTEREST payable at o dice of Treasurer.

(

.

— C.

Scranton Poor District
LOANS—
4s, g..

borough

J. Gillespie, Sec'v.

Aug.

1,

1905-1923

in

Refunding Bonds—
J&D. $9,000 .Dec.

Assessm't about 10% actual value.
1914 Total tax (per $1 ,000) 1 904 $1 8 -00
Population In 1890 was
14,403
Population in 1900 was....
TAXES on the above securities are all paid by the borough 18.202
OPTION AL-AU of the borough's bonds except the $53,000 issue
are subject to call after five years from date of issue.
NTER EST is payable at the office of the borough treasurer.

4s, '04,
4s,'05,

1,

,

.

10,000

I

Shamokin School District— John
LOANS—

r.

...1929

(Subject to oail after 1919.)
48, '05.

M&N.

$*4,00O..May, 1935

(Subject to call after

May, 1910.)

$i,000r..

1911

Refunding Bonds—

31*8, J<sJ.

(Subject to call after 1904.)
3»s8,

(Subject to call after 1905.)

SHARONThisboroiigh
Refunding
4s,

M&N,

is

A&O, $3,000 r
1907
(Subject to call after 1903.)

3^8,

3"*s,
3138,

M&S, $3,600r
M&8, 15,000 r

1912
1932

Subject to call after 1907.

Bonded debt Nov.l,1905.$182,500

Sinkingfund
1930 Value of sch. prop'y

M&S. $19,500r

_ LOANS—

Harris. Sec'v
REFUNDING Bonds— (Con.)

When Due.

3^8, swnl-an., $40,400

0. J.

6,352

(est.) 300,000
Assessed valuat'n 1904..5,068,840
Sohool tax (per $1,000) '04. $11 -00

Denny,

Secretary.

When Due. Tax y aluation 1904

—

$90,000.... Nov. 1, 1915
Bonds are tax exempt.

Sewer Bonds—'
3^s, M&N, $60,000.. Nov.

1,

1931

(Subj. to oall after Nov. 1, 1906.)
3*28, FAA, $40.000... Aug. 1, 1932

(Optional after Aug. 1, 1912
Imp'm t Bonds (tax exempt)—
$80,000
.Aug. 1. 1933
(Subject 10 call Ang. i, 19131
Bond, debt Nov.l, 1904.. $262,000
)

4s, F&A.,

$4,863,160
actual value.
.

Assessment is %
Boro'tax (per M.) 1904
$1300
Total tax (per $1,000) 1904 24-50
Population in 1890 was
7,459
Population in 1900 was
8,916
Aharon School District— V? White.

head, Se -rotary.
Bonded debt Oct. 1, '05 $160,000
Value school prop'y 1905.250,000
Assessed val. 1905
4.568,000
School tax rate (per M) '05. $8 00

SHENANDOAH^
Shenandoah

is in

Schuylkill County

$25,000

1926 Assessm't about 30 p. c. actual val.
Total tax (per$l,000),1904.$t3-00
58, J&J, $121,900
1923-1924 Population
15,944
Bond, debt Jan. 1, 1905. $157,200 Population in 1890 was
in 1900 was
20,321
Floating debt ..
70 00
1 a
AL
e ond
8 subJect to call at any time
ta
Y FREE.—
pRi c -~A^
7 free
^ of2 tax to holders.
All h
TAX
bonds

Water Bonds—

^

Shenandoah School Dist.— VV.

Bonds due 1917 are exempt from taxation.

'tut?

''"k

any time.)

Cw«"1* '"tO''
,

J.

L

wi3, Secy.

,

Boose.

R.

ftre.

the county seat. Bonds are exempt from State tax.
Assessment about 60% actual val
When Due.
LOANS—
Court House Bonds—
Co'inty tax (per M) 1904.... $600
Population in 1900
4s, M&N.$246,000 -.Nov. 1. '06 31
49,461
V. 79, p. 2111, for maturity.)
Population in 1890
37,317
Bonded debt Oct 1 '05 $V50,000 Population 1905 (est.)
55.000
Assessed val'n 1904.... 16,614,003
INTEREST is payable at Farmers' National Bank.
is

(

SOUTH
BETHLEHEM.—
Thos. Ganey, Sec.
borough
Northampton
This

County.

in

is

LOANS—

Market Building Bonds—
Permanent 8treet Imp. Bonds. 4s, J&D, $24,000 c.June 1, '09-19
4s, A&O, $15,000 c... Apr. 1, 1919 Bonded debt Oot. 1, 1905.$248,500
4s, A&O, 15,000 c. ..Apr. 1,1920 Sinking fund
5,500
4s, J&J,
5,000 o... July 1, 1921 Tax valuation 1905
5,658,065
J&J,

4s,

When Due.

15,000

c... July 1,

Redemption Bonds—
F&A, $69,500 C.Aug.

4s,

1,

Sewer Bonds—

1922

Assessment

1916

Total tax (per $1,000) '05.. $2 1-00
Population in 1905 (est.) .. .20,000
Population in 1900 was.... 13,241

M&S. $100,000

abt.

66

p. 0. act. value.

c.Sept. 1. 1933
(Subject to call after Sept. 1, 1922.)
OPTIONAL.— Bonds (unless otherwise stated) are subject to call
fifteen years from date of issue, at the option of the borough.
INTEREST at office of Borough Treasurer.
4s,

South Bethlehem School Dist

-John Donegan,

Chairmau Finance Committee.
J&D, $39,100

4s,

June

(Optional after June

1,

1.

1932

I

1912.>

Bonded debt May

1, '05.

This

$140,000

Assess'd valuat'n. 1904 .5.860.58O

I

SOUTH
SHARON.—
M. A. Tozier,
borough
Mercer

Bnrgees.

County. Incorporated Deo., 1901.
When Due. Bonded debt Oct. 1, 1905 $145,000
LOANS—
4^8, J&J, $45,000c ....1908-1933 Assessed valuati'n 1905.4,752T,275
(Part due every 5 years.)
Tax rate (perM.), 1905
$17-00
Seweb Bonds—
Population in 1905 (est.)
7,000
in

Is

I

I

l

4i28,'04,J&J,$100,000 c.July 1,'34
TAX FREE.— All bonds are free from tax.
INTEREST on the $45,000 bonds is payable in 8outh Sharon, on
$100,000 issue at Colonial Trust Co.. Pittsburgh.
|

TARENTUM.—
Wm.
borough
Allegheny
This

in

Is

LOANS—

When

Electric-Light Bonds—
5s, M&S, $33,000
4*28. '04.

A. Gibson, Secretarv.

County,
Due.
Paving Bonds—
5s. M&S, $40,000... .Sept.

1922

J&J.$10,000.Julyl. 1934

4^8,

M&S, $15,000
Sept. 1, 1928
(Subject to call Sept. 1, 1908.)

4^8.

'04,

1, 1932
J*J,12.000.July 1. 1934
July 1,1919.)

Street Bonds—

J&D, $2,500

June

1,

J&J. 15,00O.July

1,

1934

28, '05.$140,500
Assessed valuation 1904.3,510,780
Assessm't about 70% actual value.
Total tax (per $1,000) 1904.$2200
Population in 1890 was
4,627
Population in 1900 was
5,472

(Sub), to oall after
4s,

'04,

Bonded debt Oot.

Funding Bonds—
J&D, $13,000
June

4s,

1928

(Subj. to call after July 1, 1919.)
4s, '04 J&J, 7.000 ...July 1, 1934

Sewer Bonds—
5s,

1,

(Subject to oall Sept. 1, 1908.)
J&D, $5. 000
June 1,1932

4s.

(Subject to call July 1, 1919.)

1932
Nation al Bank of Tarentum.

INTEREST is payable at the

UNIONTOWN.—Charles F.
This borough

1796

in

Kefoven,

the county seat of Fayette County.
are tax exempt.

is

Bonds

Clerk.

Incorporated

LOANS—

When Due. Bond, debt July 1, 1905. $208,500
Street and Sewer Bonds—
Stnkingfund
40,000
4s, M&N, $149,500 c. May 1, 1928 Assess, valuation 1904.. 4,712,427
(Subject to call after May 1, 1918.) Assessm't about 50 p. c. act. value.)
Funding Bonds—
Tax rate (per $1,000) 1905.$22-00
3s, M&N, $59,000 c. May 1, 1919 Population 1900
7,344
Interest payable in Uniontown. Population 1890
6,359

VENANGO
CO.— E. K
County
Bonds
Franklin

Is

the

seat.

When Du«.
^°TAN
Jfe ~ nn
J*J.
$198,000 c.Jan 1,'06-*14
Interest payable by County Treas.
Bonded debt Oat. 1, '05.. $198,000
4e.

I

I

I

Smilby, CUrk.

are free from all taxes.
Assessed val'tn 1904.$24,705.73#
Co. tax(p. $1,000) 1904;.... $4-00
Population in 1900 was. ...49,648

I

WASHINGTON.—
Thomas Hare, Treasurer,
borough
Washington
is

in

LOANS-

County.

Judgment Bonds—

When Due.

Sewer Bonds—
A&oj*'10,000.
Road Bonds—

4s.'05,M&N $50,000 C.Nov. 1, '09-18

4s,

4s, A&O, $60,000
3-6s, J&J, 75,000

4s, 1904,

Paving Bonds—

1908-1912
Oct, 1.1913

($15,000 due yearly) to Oct 1, 1917
,$6,500
1922-23
C 40,000... .Nov., 1918-21
4s,
< 30.000.Nov., 1922
27
( 80,000.. .Nov., 1923-26

3^8,

M&N

&

.

Washington School
LOANS—

When Due. Total debt Jan. 1. 1905. $227,200
„ LO A N S—
Refunding Bonds—
Tax valuation 1904
3,010,000
4s, J&J,

l

C

Somerset

This

in Mercer County.

!

SOMERSET COUNTY.— John

F. tiREEN, Treasurer.

LOANS—

1

Bonded debt June 5, 1905.882,300
Floating debt
$11,891
Total debt June 5, 1905.
94,191
Sinking fund
9,701
Assessed valuat'n 1905..3,003,523
Value school prop'ty 1905.165,000
School tax (per $1,000), '05.$1625

All bonds optional at any time.

When Due

Northumberland County.
When Due.
Fire Bonds— Free from tax.
Borodoh Purposes—
4s.'u5, M&8, $44,000. Sept. 1. 1935
4s, J&J, $28,600
July 1, 1909 (Optional $20,0(0 after 1910 and
C$6,000 .Oct. 15, 1906-08
$24,000 after 1915.)
4s,A&0, ] 22,000 .Oct. 15, 190B-18 Bond, debt Nov. 1, 1905. $104,600
(25,000 Oct. 15, 1919-28 Floating debt
17,300
3 7es, J&D, $4,000.... June 1, 1906 Tax valuation 1904
5,068,840
is

1915
1907
1915
1917
1924

4s, J&J, $13,200r
4s, J&J,
9,100 r..
4s, J&J, lO.OOOr
4s, A&O. 20,000 r
4s, '04, J&D, 30,000
(8ubject to call at

<8ubject to call $1,500 yearly.)

F&A. £180.000

SHAMOKIN.-D.
This

77

M&S, #24,500
M&S, *50,000..

,

1,

1918-21

Oct. 1, 1922

$150,000

Park Bonds—
4s. 1904,

$20,000
Bond, debt June. 1905.. .$645,000
Tax valuation 1904... 10,ls7,597
,

.

Tax rate

(per $1,000) 1904. -$13-25

Population in 1890 was
Population In 1900 was

—

7,063
7,670

Dist.
R. W. M»sod, Sec.
When Due. Total debt Oct., 1905. ...$251,900

1906-1912 Assessed valuat'n '05.-10,333.259
.1910-1921 Assessment abt. 70% actual value.
(For dates of maturity see V. 69, School tax (per$l,000)1905.$900
p. 613.)
Population in 1900 was
7,176
3>fl8, J&D, *$3,500.. ..Deo. 1, 1922
3i«8, J&D, *3,000.... Dec.
1,1923
Free from tax.
4s,
31*8,

5s,'04,J&D,*100,000 c. June,'09-24
($25,000 due every five years.)

WASHINGTON CO.— Geo.
Clerk County Commissioners.
Washington

is

the county seat.

B.

LOCKHART,

.

.

PENNSYLVANIA-CITIES AND TOWNS.

78

R04.D BONDS -(('Oil.)
4s '0 \ J&n,$30.000.June 1,'06 13
4s, F&A. $423,000 r..Aug.l,'06'26 Bond, debt lui e, )90 >....*R73,Q00
(Various amounts yearly.)
Asee«si-<1 valuation '04.83,097,578
County tax (par $1,000) 1904 $3-50
4s, P& A. $300,000 r
Population in 1890 was... .71,155
Road Bknds—
4s,'04,M&8,$70,000<\8ept.l,*06-12 Population In 1900 was. ..92,181
INTEREST on tlrst-named Issue is payable at Union Trust Co.
Pittsburgh; on $300,000 lseue at Washington.

When Due

LOANS—

TAX FREE.— All of the above securities are exempt from taxation
CITY PROPERTY.—The city in 1900 owned public buildings and

& Jail Bonds—

COvth i-Housk

t

WEST CHESTER.—W.

available assets

LOANS—

to

$130,666 44.

N. Crider,

Ss»i\

When Due. 3«as,'02,M&N. $60,000 c.Mav

1.'22

$50,000 r. June 1, 1906-15 (Subject to call after May 1, 1907)
48,000 r June 1, 1916-23 4«,'04,J&D,$50,000c,J'nel,'09-18
t
J&u,
£ 27,000 r June 1, 19*4-26 Bond, debt O t. **, 1905 $325,279
v.6,6 9
4b,'«9, s 26,000 r June 1, 1926-27 Siokiug fund
J&D, } 14,000 r.... June 1,1928 A-s'd valuation, real. .18, 318,316
3is8,'03, J&J, 50,000 c&r.Jl'y 1,'33 As*'d valuation, pers'l.
826,955
(Subject to call after July 1, 1928.) Total valuation 1905.. 9.145.271
Assessment % actual value.
$6-50
School tax (per M.) 1905
INTEREST on bonds of 1902 payable atoffloeof City Treasurer; on
coupon bonds of 1903 at Northern Trust Co.. Phila and on bonds of
1904 at it. Kleybolte & Co., New York.
.

,„,

«

Underwood, Treas.

S.

amounting

York School District. — D.

the capital of Chester County.
When D tie. Net debt Oct. 2, 190 5 .. $111,057
LOANS—
6,769,6^3
Street Improvement Bonds— Ass'd valuation real
1929 Ass'd valuation, pers'nal 556.450
3a, A&O, $13,100
1905.7,326,143
valuat'n
Tot. ass'd
(Optional on 60-days' notice.)
Apr. 1, 1933 Assessment about actual value.
3148. J& J. $9,000
Total tax (per $1,000) 1905. $11-50
(Subject 'o call before maturity.)
10.500
Population 1905 (est.)
Water Bonds—
9,524
1927 Population 1900 was
3*39, J& J, $42,200..
Wtst Chester School 'nstricldays' notice.)
(Optional on
3i«s,'05A&O, $20,000. Oct. 1, 1935
Redemption Bonds—
1927 (Optional $n0,00o *ft.er 1907 and
3138, A&O, $59,700
$
000 after 1920).
(Optional on 60 days' notice.)
Assessed valuati'n 1904.6,785,963
Int. payable by Borough Treas.
$4*50
Total debt Oct. 2, 1H05.. $1*4,000 School tax, (per M) 1904
12,943
Sinking fund
All taxes on bonds are paid by the borough

This borough

[Vol. lxxxi.

is

(

ni

1

•

I

,

.

YORK

»

CO.—J.

York is the county

T. Fitzpatrick.C r/k

C

i.

Com'p.

seat.

LOANS—

Bridge, 190?,, 3 »«s
$14,000
Bond, debt vSopt. 1, 1905. 680,o 00
Courthouse, 1899,4s
67,540
200 000 Sinkingfund
do
do 1899. 3-658.170 000 As*.-ss«d valu'n 1905. $50,033, 5 3
Refunding. 1900. 3^8
125,000 Co. tax (per $1,000) 19j5...$3-50
Funding, 1902, S'as
116,413
186,000 Population 1900
I

Flood, 1*89, 4s

j

$4,500

|

I

I

,

|

|

WILKES-BARRE.Luzerne County.
Wilkes-barre

is

;

!

FRED. GOER1NGER Comp.
FRED. H. GATES, Clerk.

ADDITIONAL STATEMENTS.

in

In the first table below we show the outstanding debt and the assessed
value of property of such counties in the State of Pennsylvania as are
not included among the foregoing returns. We add in each case the
population from the Census of 1900. In the second table we give the
indebtedness of other civil divisions of the State, not included among
the foregoing.
Assessed
PopuTotal
lation.
Name of County
Debt.
Valuation.

When Due. Bonded debt Oct. 27,'05 $437,800
LOANS—
Floating debt
24.556
Refunding Bonds—
3*38, F&A, $202,000 ...1906-1929 Total debt Oct. 27, 1905 462 3,56
..
...
2,:)90
($8,000 yearly on Feb.l to 1919 & 8inkinghmd
|

Net debt Oct. 27, 1905... 459,366
Iinpr and assessm'i debt
(additional io above)
140 000
Ass'd valuation, real. 35,353,114
Ass'd valuation, pers'l.. 1.0:5,037
Total valuation 1905. .36,398,151
Assessment 80 % actual value.
Total tax (per $1,000) 1905.$! V90

$9,000 yearly to 1929.)

Oitt Improvement Bonds—
4^8, J&D, $90,000. June 1, 1927
Redeemable in part 1907, 1912,
1917 and 1922.
1909-1924
41«8, M&N, $40,000
($10,000 due every 5 yrs. on May 1.)
3^8, F&A, *96,000..Aug.l906-'29
Dae. 1, 1905
J&D, 3,500
5s,
Feb. 1. 1907
."•8, F&A,
2,200
4s, J&J, 5 60,000 .Jan. 1, 1919 J2
80.000. ..Ian. 1, 1923 '27
1904,

Adams

Bedford
Bradford
Buoks

Population 1905 (est.)
60,000
Population 1900 (Census).. 51,721

CITY PROPERTY.—The city owns

property valued at $263,985.

5CHAS LONG, Pres.

Wilkes-Barre School Dist.
1906-1909
$3 ,000 c
1906-1^11
22.000 e
1910 1914
35,0000
40,000 Sept. 1, '15 '18

is

LOANS—

When Due

Bonded debt May, 1905 $34 »,000
t

Tax valuation 1904

10.000.... 1906-1915
S»ae,J&J, 35.000 luly.1905-1930
(For maturity, see V. 70, p. 1/66.)
.....

Assessment

bt.

75

14,215,445

% actual value.

Tax rate (per $1,000) 1904 ..$950
1918 Population in 1890 was
,$30,000
4,662
-28
OOO.Jnly
lO.'O
46
Population In 1900 was ...11,886
t*U0
&J "> \£ g 0Q0 Jul v j .;>9-vjo
'US, J
Wukitn'urg Scht'l District—
Bonded debt Jute 1, *04..$lsl.000
4r'04
IAT <) 26,000 C.J'ly 1.H4-26
04:,.I«J,
48,
24 000 C-Jly 1^27-34
INTEREST is payable at the First National Bank of Wilkinsburg.
,

WILLIAMSPORT,
Lycoming
This cityis the capitaljof

When Due.

FORESMAN, Mavor.
L. TAYLOR, Treas

EDWARD

County.
is

Bonds all tax exempt
paid by City Treasurer.
. .

Grafiub Run Bonds -

F&A. $71,000

.Aug. 1, 1922
(Optional after lug. 1, 1912)
1,

8. T.

Bond, debt Oct. 1, 1905 $572,000
Sinkingfund
31,480
Net debt Oct. 1, 1905.
5 i0 520
Tax valuation 1905
9,338,235

3^8,'05,M&^,$30,000.Nov.l,1935
(Optional after Nov. 1, 19 15.)

Revundino Bonds—
3*2N, M&S, $500,0000 Sept.

I

Interest

Improvkmknt Bonds—

3b,

5

Assessm't abt. 50% actual value.
City tax (per $1,000) 1905 .$14-60
T 'tai tax (per *l .000) 1904 $3140
Population 1890 was
27,132
Population 1900 (Census).. .28,757

1929

(Subject to call after Sept. 1, 1909)

—

WILLIAMSPORT SCHOOL DlST. W. M. D e'ri^k. S C.
When Due. Bonded debt June 1.1905 $75,000
LOANS3i«8,
I

4s,

F&A, $20,000.. Feb
J&D, 35,000 c. ..Dee.
20,000

4s

1911
1913
Feb. 1,1912
1,
1,

|

I

|

Assessed valuat'n, 1904 9,33-,235
Assessedabout^toSgaotualvalue.
School tax (per M.) 1904. ...$1000

WILMERDING.Vekner L.
borough, organized

This
are tax exempt.

in

1890,

Bahbor, Clerk.

Allegheny County.

Bonds
When Due. Actual value (est.)
$3,500,000
Street Improvement Bonds—
Tax rate (per $1,000) 1905. $10 00
Oct. 1, 1915 Population in 1890 was
5s, A&O, $40,500
419
Oct. 1. 1926 Population in 1900 was
5s, A&O, 28,500
4,179
is

in

LOANS—

Outstanding loan
$5,000
74,000
Total debt Oot, 1905
Total valuation 1905. ...2,851,385

W timer-

5s,

inu S hml Dixtricl-Hugh Younu. 8e> retary—
AAO, $22,000. ...Apr. 1, 1911

—Jacob K Seacrist, Comptroller.
YORK.
York County. Incorporated
York

the capital of
as borough
Sept. 21. 1787; as <ity .Tan. 11, 1887. Several suburban districts
in
1900.
annexed
early
were
When Due.
Sewer Bonds—
LOANS
Firk Dkpt. Bonds—
f $200,000
Dec. 1,1918
6?>
3«as, F&A, $30,000.... Feb. 1, 1932 4s l&D i
00 c.Dec. 1,1923
48, J «L», <
(Subject to call fter Feb 1, 1922)
65(()00
De(J j 1928
3H8, M&N, $20 000 May 1, 1933
70,000 c Dec. 1.1933
Interest is payable at York, Pa.
(Subject to call after May 1,1923.)
Bond, debt May, 1905... $730,250
Highway Imp. Bonds—
July 1, 1914 Sinkingfund and cash. ..
4b, J&J, $21,000
vo 614
48, A&O, 39,000
Oct. 1, 1912 Floating debt (adriit'l).
19.210
4s, A&O, 32.500
Oct. 1,1916 Tax valuation 1905. ..19,145, 271
4b, A&O, 40,000
Apr. 1,1917 Assessment about *5 actual value.
4s, A&O.
5,000
Oct. 1, 1911 Total tax (per $1,000) '04. $17-50
3HB, A&O, 74 000
1910-1930 Population In 1890 was
20,793
3»*B. MA 8, 65,000
Sept. 1, 1932
(Parts of several townships an'Subject to call Sept. 1, 1922.)
nexed since 1890.)
3««8, F&A, $37,000. Aug. 1, 1933 Population In 1900(Cehsus)33,654
<8ub1eotto call Aug. 1, 1923
is

'

I

)

37.O00

Erie

No

Favette County
Forest
Franklin
Fulton

10<,000
43,000

No

debt.

debt.

4,310

No

Greene
Huntingdon

4a,

,w

l94,Oi
No d^bt.
No debt.
No debt.

Elk
Elk Co. Poor District

M&N

$%000 Nov. 1, 1922-26
Sewer Bonds— Tax-exempt—
4Vjs, M&S, $140.000

J&J, $40,000
43*!6, J&D, 108,000
60,000
3^8,....,

LOANS—

Co. Poor District....

Columbia
Crawford
Cumberland

Fire Dept. Bonds—
3^8,

4»88,

43,

Cm. Fin. Cjib.

debt.

50.300
104,000
45,000
141,000
50,"00
121,500

Clinton

in Allegheny County.

Street Bonds—

No
.

Pleartield
Clertitl. Id

debt.

33,000
81,500

Clarion
Clarion Co. Poor District

Assess'dval'at'n 1905 18,727,180
School tax (per $1,000) 1905. $850

WILKINSBURG.-O. A. Grabe
This borough

No

Centre
Chester

I A. W. MOSS, Clerk
Bonded debt O t. 1, '05. $129,000

Building Bonds—

debt.

$12,2*0,000
9,342,228

27,6H, <20
9,< 3^.387
21,000,000
33,527,211

116,005

Cambria
Cameron
Carbon

(

A&O,
J&D,
F&A,
M&S.

No

Butler

'

58,
58,
58,
48,

$35,000
69,000
160,000
39,5(0
14 ,000

Armstrong
Beaver

Jefferson
Jetierson Co, Poor Dlstriot.

debt.

114,500
50,200
12,000
100,000
87,195
551 ,900

Indiana
. .

Juniata
Lan oaster

Lawrence
Lebanon

No debt.

Lehigh

No debt.
No debt.
No debt.

72,200

MoKean
Mercer

55,000
59.100
13,238

Mifflin

Monroe
Montour
Northampton
Northumberland

100.0' '0

203,100
161.536

Perry

No

Pike
Potter

debt.

*75,000
26,000
51,5"0
10,500
60,000
38,650
22,"00
1 5,000
1,000,000
39,200

Snvder
Sullivan

Susquehanna
Ti. ga
Union
Warren
Wavne,
Westmoreland

Wyoming

....

35.531,710
1,109,525
5,878,179
11,84 \543
00,000
52,00,000
52,
8,622,180
.91,816
8,
18,674.911
19,709,665
7,502,570
12,750,000
!U,01*,294
23,023,627
t ,000.000
5 000,000
46,00 ,400
57,000.000
2,383,401
18,057,327
2,162,931
7,500.000
11,91 «,0»2

14,000.000
14,000,000
5,213,703
85 526. -225
25,504.557
32.848,935
50,735,692
8,460,002
32,274,409
11,270,454

7398,348
5,221,592
63,843,259
12.T 00,46^
7,844,186
2,086,^29
*10,924,947
4,858, 66

1.83-.212
4,376,74^
14,H65,695
8,007,623
11,1^6,467
4,377.846
73,141,835
3,684,856

Tax
Total
Assessed
Valuation. Rate.
Boroughs, etc.
Debt.
Ablngton (Twp.) Montg. Co
$72,000 $4,500,000 $1000
Allian e (Boro.l. Berk* Co
4., 000
2,500 000
Ambler (Bor ), Montgomery Co... 24,500
1,250,000 $7-50
(Boro.),
Schuylkill
68,000
1,^00,000
9 00
Co...
Ashland
1 100
1 300,(00
Ashlaid School District
9.500
.47W.470 14-00
Aspinwall 'Bor.), Allegheny Co. 52,000
2,839.040
Avalon (Boro ), Allexheny Co. ..138,500
9 00
2.88;>,040
64,500
Avalon School District
B -aver (Boro.). Beaver Co
100,020
1,511,935
4, <76.0o(>
9 00
Beaver Falls (Boro.) Beaver Co. 8 ,000
Beaver Falls School District
59,100
4 O'lOOO
6 50
Belielonte (Boro.) Center Co. ...127,000
1,632 829 25-50
32,500
948,720 1300
Berwick School District
79.288
2,329,814
Bloomsburc, Columbia, Co
900
4.970.- 00 14-00
89,581
Bradford (C), MoKean Co
B- ad lord School District
49,000
5,000 000 11-75
Brb geport (Boro ), Montg. Co... 31,8 11
26,^00
Bridgeport 8chool District
14-00
Brirtt'eville School District
41.000
1 ,000.000
8-.000
Butler School District
8.000,000
7 00
^amb'ge 8prgs. (Bor.) Cr' wfd Co 44 ,000
70 >,000 16-00
Oarbondale, Lackawanna Co
37,150
2,90), 197 10-.
Carbondale School Dlstriot
71,919
2,928.4*3 14 00
Ca lisle (Boro.) Cumberland Co. 97,000
1 ,800,000
6 50
6-50
47,400
Carlisle School District
3,577,399
Carnegie, Allegheny Co
215,500
4,073,355 1600
Carnegie 8ch. D Allegheny Co.. 71,000
Catasauqua (Bco ), Lehigh Co .. 37,202
1.819.615
7 00
2.652.HO0 12-00
Oharlerol (Boro.), Wash'ton Co.. 160,500
h-ltenham Twp School Dist ...116, * 00
8,651. "53
S'.'O
Ciairton (Boro.), Allegheny Co... 25,000
2,099,380
600
Cities,

34,496
52,551
56,432
39,468
59,403
71,190
56,962
104.837
7,048
44,510
42,894
95,695
34,283
34,283
80,614
28.685
39,896
^3,643
50,344
32,903
32,903
98,473
110,412
11.039
54,902
9.924
28.281
34,650
42,556
59,113

16,054

150 241
57,042
53.827
93.893
51,343
57.387
23,160
21,161
15.526
99,687
90,911
26,263
8,766
30,621
17,304
12,134
40,043
49,086
17,592
38,946
30,171
160,175
17,152

Popu.
lation

3,803
1.884
6,438
1*231

2,130
2"348
10,054

•

4,216
6,1*70

15,029
3,097

.

<

.

1,495
13.536

9,626

7,330

,

(

'

3,963
5.930

—

1

DELAWARE-DEBT OF

Nov., 1905.]
Total
Debt.

Citien, "Boroughs, etc.

$70,000
Clairton School District
Clifton H'ights(Bor.), Delaw'e Co 29.500
noli
Northum.
D
Co.
60,693
Coal Twp .,
CoiiHluliookeu (Bor.),Montg. Co.. 54,100
Coi aopolis (Bor.) Al legheny Co 1 38,500
70,010
Coraopolis school Distriot
10S.100
Oorrv (U.), F.rleCo.
26. 00
Corry 8chool Dt-trlct
11 3,000
Grafton (Bor.) Allegheny Oo
Danville (Boro.), Montour Co .. 123,900

A sseffd

Tax

Valuation.

hate.

$2,000,000
1,000,000

$5-50
18-00

Popu-

STATE.

State of Delaware.

lation

ITH

2,330

DEBT, RESOURCES,

,

.

,

,

67,100
Darby (Boro.), Delaware Co
45,000
Darby Soi'ool District
Donora (Boro.) Washington Co.. 76,<>00
40,000
Donora School District
*Du Bois (Born.), Clearfield Co *171,503

Du

....101,0
Bois School Distrht
32.000
Dunbar wp. School District
i

Dunmore (Boro.) Lackawanna Co. 76.000

101,500
Dunniore Sohool District
Duquesne (Bor.), Allegheny Co., .289,000
E. Pittsburg (Bor.). Allegheny Oo 95,<>00
East Pittsburg Sohool Distriot... 25.O00
East Wash'n (Boio ) Wash. Co... 51.400
Edgewood (Bor.), Allegheny Co.. 49,500
EllwoodCity(Bor.),LawrenceCo. 38.000
45,000
Ell wood Citv School Distriot
68.000
Etna (Bor.),' Allegheny Co
56,000
Ford City. Armstrong Co.
72,500
Franklin (City), Venango Co
66.000
Franklin School Distriot
33,000
Gettysburg (Boro.), Adams Co
41,586
Gtrardville School District
75,702
Glassport school District
Greensburg(Bor.), WestinTd Co. 86.000
120.500
Green-burg School District
49,001
Greenville (Bor.), Mercer Co
50,000
Hazleton (City), Luzerne Co
128.100
Hazloton School Di-ttriot
Holidayshurg (Koro.). Blair Co. .. 46,' 00
Huntingdon (B< to )Hunt'don 'Jo.. 30,500
Ingram (Boro.), Allegheny Co .. 45,000
Jeannette(Bor.), WestmorHl'dCo.143,500
Jeukintown (Bor.).Montg. Co.... 37,000
Jersey Shore (Bor.) LycoraingCo. 35.137
39.000
Jersey Shore School District
2^,000
Johnsonburg School District
Kennett Sq. (Bor.), Chester Co. .. 40,000
38,390
Lansdale (Bor.), Montg'ry Co
22,400
Lehighton (Boro.) Carhon Co
100,000
Lewlstown (Boro ),MifhinCo
32,000
Ligonier School D*8t'ict..
Mahanov ( itv (B ). 8<huylk. Co.. 79,500
Meohanicsb'g (Bor ), Curober.Co. 30,125
9=> 000
Media (Foro.), Delaware Co
29.02^
Mercer (Boro.), Mer er Co
Middletown (Bor.). Dauphin Co. 45,000
35,000
Middletown School District
Millvale (Boro.), Allegheny Co... 13 -.000
Milton (Town), N'thumberl'd Co. 50,000
Milton Sohool District

Monaoa (Boro

3

.0 '0

Co
82,789
Monongahela, Washington Co... 70,000
Mt. Carmel (Bor.). N'thumb'dCo. 51,660
114,310
Mt. Carmel School District
Mt. Pleasant (Bor ),Westmore.Co 63 960
).

B< aver

Mt. Pleasant School District
30,500
MunhaU School District
124,699
Nantiooke School District
106 5'
New Brighton (Bor.). Beaver Co. 45,500
North East (Bor.), Erie Co
32,800

Oakmont iBoro). Allegheny Co
Oil City Venango Co

93,0(0

40 000
39,^00
Oxford (Bor ),Cae8terCo
Oxford School District
21 000
Patton School Dlsirlot
2^,000
Phoenixville (Boro ), Chester Co 177,500
Phvalrn Boro.), Allegheny Co.. 7-000
Pltt»ton(Citv). LuzerneCo
44,300
Pittston School District
27,000
Plymouth (Bor.), Luzerne Co
24,900
Plymouth School Dlstri' t
42,"00
Pottstown (Bor.). Momgom. Co.. 55 000
Potti-town School District
75,000
Prospect Park (B •.), Delaware Co. 43.000
Punxsutawney (Bor. ),JefTs'nCo. 70.000
Radnor Township School Diet... 50,000
Rankin (Bor.), Allegheny Co
88,000
Rankin school Dis'rict
98,500
Renovo Bor. Clinton Co
3 S000
Ridley Park iBoro
Delaw'e Co. 58,000
Rochester (Bor ), Beaver Co...... 102,008
(

)

.

>

"t"-50

2,467,975
2,486,390

900

1.72.1.K47

27-V6
10 00
12-25

1

602,397

3,44l,*95

2,421,248
2,245,249
2,908,913

5,762
2,555

1,927
8,042

i'i'&o

3,42fc>

7-50
25-00
13-00
31-60

9,375

12,583

13 00
18-00
4-70

9.036
2,883

7 00
i'.osj

2,455,115 "H'db
1,275,000 31-00
929,600 14-00
2,780,775 1100
865,38=;

4,511,125
4,554,475
1.187,529

22 00

"

1000

1,139
2,243

5,384
2,870
7,317
10.000
3,495

2,486',860

4,541,495
5,185,938
1,903,810
4,544,685
4,731,970
1,125,000
1,954.511
l,69f,915
2,200,000
1,3«2.150
962,043
1,010,000

6,508

21-00
18 40

4,814
14,230

4-50
17-50

2,998
6,053

600
5-

5

1100
10 00
30-50
11-00
3 3 00
14 00
13 50
49-00

81«i050
1,200,000
69 ,000
2,602.264

8 00
12 01

465.000

34J650
2.091
3 070

1,516
2,754
4,629
4,451

2,134,274
1,610.619
2,300.000

26-50

13.504

8 00
8 00

732,000

16-00
23 50

3.811
3 075
1,80 4
5,608

1,490,000
1,500.0'>0

1000

2,481,055
2,100,000

21-00

2,2>i5

2250

000

8

6.736
6,175

00

1,184,217

15-00

897,976
2,495,874
1,500,000
1,581,115
3,810 450
1,200,369

8-50
9 00

2,008
5,173
13,179

900
4,745
4,745

8 00

862.860 18-50
2,1 40,000 1800
6,751,392
800
1,100.000 1700
625,170
6-50
3,000,000
1,115.750
400
1,401,979 2000
1,355.396 20 00
794,000 19 00
785,000 2(i-00
5,500,<00 14-00
5,^00,000
622.29 8
l,'7-,7?3 16-00
6-50
4,479.056
3,50O,2f0
900
3,509,000
625,000 3900
1,303,530 17 25

6,820
2,068
2.323
13,264
2,032
9,196
2,601
12,556

1,375

3,775

i

1

I

Monroe Co. 5%022
Sunbury (B.). Northumberland Co 83.700
Strourtsburg (Boro

),

Swiesvale School District

5J.000
88,000
56,000
43,000

Tamaqua, Schuylkill Co
Tarentu m School District

Taylor School District
Titusvilie (C), Crawford Co.
107 sOO
Turtle Oreek (Roro.). Aileg'v Oo. 92.000
Turtle Creek School District
49,500
Tyrone (Bor ). Blair Co
35,000
Union City (Boro ), Ei ie Co
43,^11
Union County
40.000
Verona (Boro.), Allegheny Co
56 8C0
Verona School District
V< 000
Warren (Bor.), Warren Oo
142J00O
Warren School District
132,500
Waynesboro, Franklin Co
76500
Waynesboro School Distriot
34,500
Waynesburg (Bor.), Greene Co. 116,155
W.Homesteau (B ), Allegheny '0.12 1.500
West Homestead School Distriot. 30,000
Windber (Boro.), Somerset Co... 34,000
.

.

<

•

Information refused.

of Original Thirteen

-

2,050

Dover
Preston Lea

-

Governor (term expires Jan., 190B)
Secretary of State (term expires with Gov.) - Joseph L. Cahall
Thop. N. Rawlins
Treasurer (term expires Jan., 1907)
Geo. H. Dick
expires
Jan.,
Auditor (term
1907)
Legislature meets biennially in odd years on the first Tuesday in January, and pay is limited to 60 days.
HISTORY OF DEBT.—Tne historical details of Delaware's State
debt from 1865 to In94 will be found in the State and City Supplement of April, 1894, page 72. The present extent and condition of
the debt and resources of the State are given below, showing that
Delaware now holds good assets more than equaling its liabilities.

LOANS—

Interest.

-

NAME AND PURPOSE.
Bond iss. to school fund

—

Principal,
Outstand'g.

.

.

When Due.

Rate Payable.

July
July 1, 1906
1881. 6
perpetual
Delaware Collegel877 6
J & J
Hospital improvement 1895
3^ J & J July 1, 1915
Subject to call on or after Jan. 1 1906.
Partofser. "B" refund. 1887 3
J
June 1, 1907
Subject to call on or after June 1, 1897.
Refunding, 1897
3
J & D Dec. 1, 1927

$156,750
83,000
35,000

Cer. to

.

&D

$250,000
245,000

Subieot to call after Dec 1, 1902.
INTEREST.—On bonds of series "B" and the Refunding bonds
of 1897 is payable at the Philadelphia National Bank In Philadelphia;
on bonds of 895 at Farmers' Bank at Wilmington.
DEBT, Etc.—The total liabilities on Jan. 1, 1905, were
$811,750, incluiing $42,000 "guarantee railway deposits." The
assets on Jan. 1, 1905, were $1,458,561; assets In excess of liabilities $646,811. The total assets include bank stocks $766,772 (market value): mortgages on railroads $385,000; bonds, $15t>,750, real
e.-tate, $83,000, and cash in treasury, $67,039.
ASSESSED VALUATION.—The total assessed valuation of the
State in 1904 was $73,064,716. No tax Is levied for general State
purposes.
DEBT LIMITATION.—Neitherthe new Constitution (adopted June
4, 1897,) nor the old Constitution nor the State statutes contain any
general provisions authorizing bond issues or limiting the debtonaking
power, except that the new Constitution—
(1) Forbids the State (Article 8, Sec 3) to borrow money or create
debt, "but pursuant to an Act of the General Assembly passed with
the concurrence of three-fourths of all the members elected to each
House, except to supply casual deficiencies, repel invasion, suppress
insurrections, defend the State in war or pay existing debts.'
(2) Forbids any county, city, town or other municipality (Article 8.
Sec. 8) to "lend its credit or appropriate money to, or assume the debt
of, or become a shareholder or loint owner in, or with, any private
corporation or any person or company whatever."
(3) Forbids any corporation (Article 9, Sec 1) to be created, etc, by
special act, "but only by or under general law"; "but the foregoing
provisions shall not apply to municipal corporations, banks," etc
The above indicates that the authority as regards municipalities [except as already specified in number (2)] rests with the General
Assembly, and the General Assembly always passes special acts to
provide for special occasions and needs.
1

TOTAL

POPULATION OF STATE.1900
1890
1880
1870

1860
1850
1840
1830

184,735
168,493
146,608
125,015

Cities,

112,216
91,532
78,085
76,748

1820
1810
1800
I

72,748
72.674
64.273
59,096

1790.

Counties and Towns
IN

THE

STATE OF DELAWARE.

13,696

1,050

One

Etc.

Total area of State (square miles)
State Capital,

13,649

County
KENT COUNTY.—
exempt

seat is Dover. Bonds and
taxation
When Due. Floating debt certifs... $11,500
LOANS—
County BondsTotal debt Oct. 1, 1905
51,500
48, semi-an., $40,000
1913 Tax valuation IS0=>
12,561,397
Certificates—
Co. tax per ($1,000 ) 1905
$500
semi-an., $1,000
Optional Population in 1905 (est.). ..33, 000
5s,
4*28, semi-an., 10,500
Optional Population 1900 (Census).. 32,7 62
Bond, debt Oct. 1, 1905.. $40,000
certifi ates

from

are

all

,

4,082
1,23

4,688

Rochester School District
Royersford School District

57,205
'8,600
8cottdale(Boro.),Westn)orel'dCo. 78,397
Sewicklev <Bor<>.) Allegheny Co. 137 500
Sharpsburg Bor.) Allegheny Co. 16 ,500
Sharpsburg School District
100,000
8heraden(Hor ). Allegheny Co... 49,000
ShippensburglBor.) Cuuiberl.Co. 58,600
Souderton (Bor.), Montgom. Co.. 45,000
South Sharon School District
70.000
Steelton, Dauphin Co
223,800
Steelton Sch. Dist, Dauphin Co.. 111,855
Stowe Twp. School istriot
35,oo0

...

Admitted as a State
6,369

"7-50

4,232,732
1.859,084
1,940,000
5,050,275
2, '01,205
2,192,324

79

!

I

I

I

2,272,380
4,611,680
3,485,175
3,529,285
3,050,850
850,000
f06,0>0
4,500,000
5.400,240
5,000,000
4.199,550
1.565,694
1,100,784
4,859,000
1,837,180
2.25S.478
1,255.049
2,124,950
4,4^9,030
3,500,000
1,950,000
738,-28
8,007,623
1,250.600
1,200,000
4,300,000
3,844,388
1,574.308
1,5'4,308
1,864,663
1,824.495
1,477,591
970,000

20-00
6 50
18-00

600
12 50

2000
1400

4,261
3,568
6,842

Samuel B. Herdman, Treapurer.
NEWARK.—
Newark
New

2.948
3,228
1,077

Bonds are tax exempt.
When Due. Total valuation 190
LOANS
$620,150
Refunding Water Bonds—
Assessment adout 23 actual value.
4a, J&D, $35,000
1926 County tax (per $1,000) '04.. $5 -00

5-50

950

12,086

8 50

"506
57-00
7 00
22-00

1100
iY 56

3,450
9,810
7,267

2000

8,244
3,262

2o 6b

5",847

10*00

3,104
17,592
1,904

:

«

50
8,043

12-50
24 00

5",396

These are the latest available

figures.

in

Castle County,

Incorporated 1852; re-incorpor'•>

Town

(Subject to call after 1906.)
Electric light 5s, $2,500

tax (per $1,000) 1904.10-00
Population 1905 (est.)
1,500
Bonded debt Apr. 1, 1905..$37,500 Population 1900 was
1,213
INTEREST is payable at the National Bank of Newark, Delaware.

NEW
CASTLE
LOANS—

CO. — County seat

When Due.
Refunding Court H. Loan—
3^8, J&J $69,000 r. July 1, '14 to

4s, ....

($10,00 " due yearly) July

4s,''

1,

1920

$150,000 r

1910-1924

($10,000 yearly on Dec. 1.)
5,J*J, $75,000 o July 1, 1925

J&J, $100,000 r.July 1, 1919
(Subject to call after July 1, 1904)

3*28,

J&J, $175,000 r. July I, 1928
V5, J* J, ^5,000 O.July 1,1930
5s, M&N, g, $40,000, r 1906-1909 Total debt Oot., 190=> .. $771,000
($10,000 due yearly.)
Total valuation 1904... 50,015,080
1905-10 Assessment ^ to *3 actual value.
f
60,000r
5,00Or
1911 County tax (per $1,000) '04. .$500
45s J 10,000r
.1912 Population 1890 was
97,182
2,000r
1913 Population 1900 (Census). 109,697
The workhouse bonds, while issued and vuarknteei> by the countyare a cha-ge upon the Trustees of New Castle County Y.'orkhouse. In;
terest and principal are payable by Trustees.
TAX FREE.—All bonds issiied by this county exempt from axatlon
INTERE8T ** payable at Wilmington.
4s,
4s,

Funding Debt—

1

2J544

Wilmington.

Work House Bonds—

M&N, g.,

$80,000, r. Sept. 1, '06
$10,000 due yearly to Sept. 1, 1913
4s, J&J, $20,000 r..July 1, '14-15
5s,

is

Refunding Bonds—

.

Bridge Bonks 1893—

1000
1200
2200
"906

is

ated 1887.

I

'

—

—

rrr

J

—

,

MARYLAND-DEBT OF STATE.

80

CO.—James H Wright, Ci'k of Peaoe.
SUSSEX
Georgetown the county seat Bonds are exempt from
taxation.

is

LOANS—

When Due. Assessed valuat'n
I

J&J, $50,0000. July 1, 1906'22
$50,000
Total debt Oct. 1,1905..
4s,

I

I

I

'05. $11,570,129

County tax (per $1,000) 1905 6-00
3 °>?iJ
Population 1890
42,276
Population 1900

H. BLAINE.Treasurer.
VX7TT
A/TTTvTr^T-r^TVT
S CHARLES
VVILMlJNGTON.
}wM. L. HAMANN, Clerk.
This city is in New Castle County.
Street & Sewer Bonds— (Con.)
When Due,
LOANS—
$1,650. Oct. 1, 1925
A&O,
Park Loan—
4s,

—

75,000. 1925-1926
A&O, $150,000. 1915-1917 4e, A&O,
25,000. Apr. 1, 1927
A&O,
A&O,
4s,
1924
50,000.
55,000. Oct 1, 1927
A&O, 25,000.
1925
A&O,
4s,
35,000. Apr. 1, 1928
J
20,«00.Apr. 1, 1926
A&O,
. 5 29,800. Apr. 1, 1928
A&O,
29.400. Oct. 1, 1926 4s,'Oo,A&0,
1 2 o,200.0bt. 1, 1928
6,900. Oct. 1,1926
A&O,
4s,
Water Bonds—
8,100. Oct. 1, 1927
|
$15,600. Julyl, '06-08
12,400. Apr. 1, 1927 6s, J&J,
A&O, | 17,600.
4s,
23,500.Sept.l.'04-ll
M&S,
Oot. 1, 1927 6s
60.000. 1913-1914
4a, '04, A&O, 10,000 Apr. 1, 1928 4138, A&O,
25,000. Oct. l,'19-'23
A&O.
4s,
Crematory Loan—
60,000. 1914-1915
4s, A&O, $3,000. Oct. 1. 19061907 312s, A&O,
200,000...,
4s
Street and Sewer Bonds —
Sinking Fund Bonds—
$45,400. Apr. 1, 1921
4*38, A&O,
50,950 Oct. 1, 1921 4s, 4*28, etc., $702,050.... Various.
4^8, A&O.
52,500. Apr. 1, 1922 4s, A&O, $176,000. 1910-1913
4*28, A&O,
24,000. Oot. 1, 1913
1,150 Oot. 1, 1922 4s, A&O,
4138, A&O,
41,000. Oot. 1, 1926
12,150. Oct. 1, 1918 4s, A&O,
A&O,
48,
25,000.Oct. 1,1927
43,900 Apr. 1, 1919 4s, A&O,
4s,
A&O,
45,250. Oct. 1,1919 Bond, debt Juy 1, 1905.$2,202,200
A&O,
4e.,
44,741 .000
46,600. Apr. 1, 1920 Valuation 1904.
A&O,
48,
Personal property not taxed.
48,050. Oot. 1,1920
A&O,
48,
.*1500
City
tax
(per
1904
4,050. Apr. 1, 1921
$1,000)
4s,
A&O,
76,50s
67,000. Oct. 1, 1924 Population in 1900 wa&
A&O,
48,
62,650. Apr. 1, 1925 Population in 1890 was ....61,431
A&O,
48,
3*28,
48,
4s,
4s,
48,

TAX FREE.— All bonds of this city are exempt from taxation.
INTEREST on all bonds payable at the office of the City Treasurer
Wilmington School District B. F. Bartram, Sec.
When Due. Mortgage debt 5%
$10,000
LOANS—

—

I

M&N, $90,000 c.Nov., '06-'ll Assessed valua'n 1904.44,741,000
Bondeddebt Apr. 1,1905. 105,000 School tax (per $1,000) '03 $3-00
Interest is payable at the Union National Bank of Wilmington.

4s.

1

I

State of Maryland.
ITS

DEBT, RESOURCES, Etc
Admitted as a State

... ...
One

Total area of State (square miles)
State Capital

POPULATION OF STATE1900
407,350
1,188,044 1860
687,049 1820
380,546
1890
583,034 1810
1,042,390 1850
470,019 1800
341,548
1880
934,943 1840....,
319,728
1870
447,040 1790
780,894 1830
Of the total population in 1880 22-49 per cent was colored. In 1890
20-92 per cent and in 1900 19 8 per cent. In number, blacks were
165,091 in 1850; 171.131 in 1860; 175,391 in 1870; 210,230 in 1880;
218,004 in 1890 and 235,064 in 1900.
j

!

1

I

-

SAVINGS BANKS INVESTMENTS.-There are in
banking laws under which savings banks may be

this State genorganized, and
yet we notice that as late as 1890 a special charter was granted Incorporating the Germania Sav Bank of Baltimore. However, in both the
general and special laws there appears to be a pretty general authority
granted for investing the deposits. The general law states thai;
Any savings institution incorporated under this article shall be
capable of receiving from any person or persons, or bodies corporate or
politic, any deposit of money which shall be invested or loaned out on
good security in the discretion of the directors; provided that no part of
the funds of said corporation shall be loaned to any officer or director of
such corporation.
In the special law passed in 1890, which we have referred to above,
the power to loan the deposits is made a little more definite. The section referring to that subject states that the " corporation shall have
"power to borrow money, receive money on deposit, loan money
"taking such security therefor, either real or personal, as the Board of
" Directors may deem sufficient; provided that no part of the funds of
" said corporation shall be loaned to an officer or director thereof."
We cannot discover any marked difference in the two provisions
cited, except that the enactment in the case of the new Baltimore bank
states distinctly that the security can be either real or personal. But as
much as that would, we think, be assumed as authorized under the general provision, since no limit is made and loaning on bond and mortgage
is always a legitimate part of the business of savings banks.

eral

IN

HISTORY OF DEBT.—The

hlstorloal details of Maryland's State
flebt from 1824 up to 1893 will be found in the State and City Supplement of April, 1893, pages 72 and 73.

—

.

,

Principal,

.

Rate Payable.
When Due. Chilstand'g.
3^ J & J
Insane Asylum, 1896
1911
$100,000
Optional after July 1, 1906.
Penitentiary loan, 1896
1911
500,000
3>s J 4 J
Optional after July 1, 1906.
3
Jan. 1, 1914 5,401,926
Oonsolldat. loan of 1899
(Subject to call after Jan. 1. 1909.)
Julv 1. 1915
500,000
State Build & Imp. Loan, 1900 3
(Subject to call after July 1, 1910.)
State loan of 1902
J & jlop^JuVyl/*!! }
600,000
3
Public buildings loan, 1904.. c 3>a J & J July 1. 1919, 1,491,000
(8ub)ectto call after July 1, 1914.)
TOTAL DEBT, SINKING FUNDS. ETC.-The subjoined statement
shows Maryland's total State debt, and the sinking fund held by the
State against the same on the dates named.
Sept.30,'05. Sept. 30,'04. Sept. 30/03. Sept. 30, '02.
Total funded debt.... $8,526,926 $7,926,926 $7,101,926 $6,009,326
Sinking funds, &c....*5,439,057 '4,784,057
4,485,222
4,112,057

NAME AND PURPOSE.

J&J
J&J

THE

STATE OF MARYLAND.

12,210

-

Annapolis

Interest

Counties and Towns

Cities,

,

-

Article 3, we find that "the credit of the Sfate shall not in any manner
be given, or loaned to, or in aid of any Individual association or cor
poratlon; nor shall the General Assembly have the power in any
mode to involve the State in the construction of works of internal
improvement, nor in granting any aid thereto, which shall
Involve the faith or credit of the State." No general limit for cities
and towns has been fixed by the Legislature, uor is there any general
authorization to be found in the statutes under which oitles and towns
can issue bonds. This power is lodged in the Legislature, and is delegated to the municipalities from time to time for specific purposes as
the occasion may arise. It is necessary, therefore, for the investor to
study the law in each case on this as well as on other points affecting
the loan with respect to which he may need Information.

of Original Thirteen

Governor (term expires 2d Wed. Jan., 1908) - Edwin War field
Sec'ry of State (term expires with Gov'r) - Oswald Tilghman
Murray Vandiver
Treasurer (term expires Jan. 1906)
Gordon T. Atkinson
Comptroller (term exp. Jan., 1908) Legislature meets biennially in even years on the first Wednesday in January, and sessions are limited to 90 days.

LOANS—

[Vol. lxxxi.

—

Note. For debts of civil divisions not found among the siale.me.nlt
given below, see " Adaitionul Statements" at the end of this State.

CO.ALLEGANY
Cumberland,
County

John N. Frantz, Clerk,
Bonds are exempt from State and

seat is
municipal tax.

When Due.
LOANS—
Refunding Bonds—
3 »*8, A&O. $200,0000 Oct. 1/06-25
Bond. debt May, 1905.... $210,000

INTEREST

payable at

Is

Tax valuation

1.904... $25,200,921

State tax (per $1,000), 1905..$235
County tax (per M) 1905. ...$1040

Population in 1890 was
Population in 1900 was

County Treasurer.

office of

S. Jones. Ma
Mao
ANNAPOLIS.—
Anne Arundel County.
the county

This city
1796.

seat of

is

LOANS—

4s,
5a,

When Due

J&J, $13,000

0... Jan. 1,1908
o... June 1, 1908

J&D, 25,000
($5,000every5yr8.)toJnne

1928

1,

Permanent Imp. Bonds—
4s,
4s,

J&J, $48,000 o.July, 1910-'20
J&J, 72,000 c. '31, *41 & '50

41,571
53,694

Incorporated

8inkingfund
Netdebt Jan 1,1905

$34,204
123,796
Assessed valuat'n, 1904.3,378,347
...

City tax rate (per M.) 1904. .$10 00
Total tax rate (per M.) 1904. 20-25
Population in 1890 was
7,604
Population In 1900 was...
8,525
.

Bondeddebt Jan. l,19f>5.$158,000

INTEREST

Is

payable at Farmers' National Bank, Annapolis

BALTIMORE.

E.

CLAY TIMANU8, Mayor.

HARRY F. HOOPER,

City Register.

A new charter for Baltimore was enacted by
the Legislature Maroh 22, 1898. $1,000,000 water bonds and $1,000,underground
oonduit
000
bonds were voted Nov. 4, 1902, but only
$127,500 of the former and $220,000 of the latter issued up to Jan. 1,
wharf
1905.
,000,000
and
dook bonds voted May 17, 1904-$3,[$
Incorporated 1797.

,;

Net debt
$3,087,869 $3,142,969 $2,616,704 $2,797,269
1
The $5,439,057 Included in "sinking funds, &c," on Sept. 30, 1905,
above was composed of $1,500,000 mortgage bonds of the Northern
Central Ry., $3,301,587 stocks, bonds and oaah in the various sinking
funds, $550,000 stock of the Baltimore & Ohio Railroad, and $87,470
stock in various other companies.
As against the net debt of $3,087,869 13 Sept. 30. 1905, the State had
as an offset her unproductive stocks, amounting to $1,099,627,
and also $700,287 due from accounting officers and incorporated institutions.

The receipts

of the State for the year ending Sept. 30, 19,05 amounted
$4,493,354 balance in treasury Sept. 30, 1904, $1,486,229; total,
$5,979,583; disbursements, $4,462,701.
The cash balance In the
treasury on September 30th, 1905. amounted to $1,516,882.
ASSESSED VALUATION. Etc.—The following table shows the
total funded debt, available assets, assessed valuation and tax rate.
Available
Total
Total
Tax Rate
Assets.
Funded Debt.
Tears.
Assessed Val.
per $1,000
$4,784,057
1904
$7,926,926
$680,743,794
$225
4.4H5.222
1903
7,101,926
673,337,299
170
4,112,057
1902
6,909,326
666,857,803
1-70
1901
3,846,982
6,509,326
643,812,408
1-70
3,424,057
1900
6,309.326
616,719,782
1'77>*
1899
3,112,283
611,539,646
5,709,326
l-77ifl
1898
6,251,958
603,326,096
9,284,986
l-77ifl
1897
9,284,986
6,335,908
607,965,272
177^
1895
5,679,733
534,930,476
1'77^
8,684,986
1892
5,602,699
515,137,528
1'77»«
8,684,986
1890
10,691,124
6,278,907
482,184,824
l'77ia
1880
1-871*
11.277.110
3.649,442
459,187,408
DEBT LIMITATION.—There is nothing In the Constitution of
Maryland limiting the power of the Legislature to authorize bond issues
either by the State or by its municipalities, except that in Seotion 34
to

000,000 offered Nov. 22.]

LOANS—

-

Interest.

—

-Principal.-

AND PURPOSE
Rate. Payable
When Due. Outstand'g.
Funding
1896.
313
July 1,1936 x$l,453,300
Four million
1895. eto.r 3**
Moh. 1, 1945x4,000,000
Consolidated refund. 1890 r 3 ^
<July 1, 1930x5,000.000
Funding loan of
1878.
5
tJuly 1, 1916x1,000,000
313
Conduit loan of
1899.
Jan. 1, 1922x1,000.000
1902 r 313
do
Jan. 1, 1928
220,000
3*3
Refunding
1900.
Jan. 1, 1940x4,300,000
Harford Run Improvement, r 4
Uan. 1, 1920 x250,000
Internal Improvement
r 3*2
July 1, 1928x4,850,000
McDonogh Extension, 1893. 5
Sept. 1, 1916 X280.000
r 4
Patterson Park
Q—
Oct.
1, 1920
X200.000
1881.
Paving
4
tNov. 1, 1920 X500.000
NAfyiE

,

.

Public Improvements.l893.r

3>a
r 5
r 4

Water

do
r 4
do
1902.
do
3»a
4
Western Maryland... 1882.
do
do
1887.
3H
Refund. West.Md.RR.,1900.r 3*9
...1902.r
3ifl
do
do
Overdue stock, no Interest allowed
t

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

Jan.
tJulv
tNov.
tNov.
Jan.

July
Jan.
Mar.
Jan.

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

1940x6,000,000
1916x5,000,000
1922 X500.000
1926x1.000,000
1943
127,500
1925 X684.000
1927 1,704,000
1950 X875.000
1952x1,000,000
19,032 75

Payable on or after

x Exempt from

PAR VALUE,

this date at option of city.
8tate of Maryland taxes.
Bonds are all registered and for $100 «r
Etc.

multiples of same.
INTEREST on the consolidated loan of 1930, Western Maryland
Railroad loan of 1927, Patterson Park loan due 1920, and on conduit
loan of 1922 and 1928 Is payable at the Citizens' National Bank of
Baltimore ; on the refunding 1940, the four-mlllion-r1 ollar loan of 1945

—

—

>

and MoDonough Extension loan of 1916, at
Bank of Baltimore; on the Western Maryland loans of 1925
and the Public Improvement loan of 1940 at the Merchants' National
Bank of Baltimore; on internal improvement loan, Harford Run loans
and Refunding Western Maryland of 1950, at the Farmers' & Merchants' National Bank of Baltimore; on water loans, the funding loans
of 1916 and 1936 and the paving loan of 1920 at the National Mechanics' Bank of Baltimore.
TAX EXEMPT.—The issues marked with an x above are exempt
from State of Maryland taxes. Holders residing in other 8tates are
exempt on all issues. None of the bonds are liable for city taxes.
ETC.
TOTAL DEBT, SINKING FUND,
CITY OP BALTIMORE, MD.
Dee. 31, 1904.

.Oee.31,1903. Dec.31.1902.

$8,535,000
2,605,748

$8,627,500
2,568,619

Gross water debt
Water sinking fund

$8,500,000
2,424,220

$6,058,881
Net water debt
Bond, debt (oth. than water)..$31,335,383
Sink, fund (oth. than water). *11,824,186

$5,929,252
$31,429,483
15,922,215

$6,075,780
$31,350,183
15,168.153

$19,511,197
$39,962,883
*14,392,»05

$15,507,268
$39,964, 4*3
18,527,963

$16,182,030
$39,850,183
17,592,373

Net general debt
Total bonded debt
Total sinking funds
*

Net general & water debt.$25,570.078 $21,436,520 $22,257,810
Xhe falling off in the sinking fund for Dec. 31, 1904, was caused by

the transfer from the general sinking fund to a special fund for use in
the Burnt District of *4,42<2,460 74 (plus accumulated interest) of the
sum received from the sale of the stock of the Western Maryland. This
was done under authority of Chapter 87, Laws of 1904.
The city's holdings in the Western Marylana were sold early in May,
1902 for SS.751,370 45. V. 74, p 999. The disposition made of this
Bum was fully given In V. 75, p. 202-$4,26 i.000 being deposited with
several local banfcs and trust oompaniea. for a fixed period of 25 years
at 3^ per cent interest, and $<;5,909 66 invested in city loans, these
sums being set aside to meet the Western Maryland bonds for the
pavment of which the city is responsible. The remainder was deposited at 3 H per oent, subject to withdrawal on 30 days' notioe, and
was withdrawn after the big tire.— see note above. The sale of this
stock accounts for the great increase in 1902 In sinking fund assets.
Against the net debt of $25,570,078 on Dec. 31, 1904, the city
reports productive assets amounting to $a, 850,019, $8,627,500 of
this representing the outstanding water loans.
On Deo. 3 1, 190 1, besides the above assets, the city held unproductive
:

assets to the amount of $2,750,000, representing the cost of the new
Court House. The value of city property, excluding the new Court
House, was $11,500,000.
INTEREST CHARGE.— Of total debt Deo. 1904, ($39,962,883)
interest was payable from taxation on only $24,853,300.
ASSESSED VALUATION, Etc.— City's assessed valuation (about
80 per cent cash value), and tax rate have been as follows:—
-Assessed Vahiation.
Mate of Tax
Personal.
Total.
Seal.
per $1,000.
Tears—
<*
$23-50
$243,352,. 34
$503,144,222
$259,791,48
1905
22-85
227,494,112
491,6*4,661
264,160,^49
1904
177,933,179
440.153,153
262.219,974
20 375
1903
21-20
257.845,-59
171,805,767
429,651,426
1902
19-85
148,527,849
402,514,431
1901
253,986,582
18-475
140.736,564
388,241,930
247,505,366
1900
17-50
80,975,572
331,773,128
250,797,556
1895
20-25
65,000,000
274,000,000
1890 (about). 209,000,000
64,784,338
200,775,614
265,559,953
1886
17-87»a
15-57i3
187,040,624
65,106,367
252,122,991
1880
Suburban property (¥33,773,939) in 1905 was taxed at a "60-cent
rate" and securities (9104.221, '{27) at a "30-cent rate," and deposits in
savings banks (est. $69,000,000) at "18 Voent rate."
POPULATION.— In 1900 (Census) was 508,957; in 1890 it was
434,439; in 1880 it was 332,313; in 1870 it was 267,954.
>

CUMBERLAND.— H. M Fuller City Clerk.
Allegheny
x
Cumberland
— When Bonds
LOANS
is

County.

the capital of

Interest.

<

,

P. Ot. Payable.

NAME AND PURPOSE.

aie ta free.
Principal,
Due.
Outstand'g.
>

F & A
Au g-f 1908
Pennsylvania R. R. bonds. 6
$65,000
Principal to be paid by Pennsylvania Railroad Company
Oct., 1908
Consolidated debt bonds... 6
30,000
Oct., 1908
do
...
5
do
145,000
1906-10
4
A
O
Cct.
bonds,
c
1904.
&
Fire Lept.
1,
25,000
g.,
May 1, 1928
4
Electric Light bonds
20,000
Oot., 1910
Water Improvement bonds 5
18,000
Apr. 1, 1922
5
Water extension bonds
50,000
4
Funding bonds
40.000
4
F
Aug. 1, 1923
Water bonds
100,000
9
d0
*
U5!oOOye a°rly. } 20.000
INTEREST is payable at Cumberland.
TOTAL DEBT, Etc.—The total bonded debt in May, 1905,
Including the Penna. RR. bonds, was $493,000; deduct sinking fund

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

bonded

debt, $419,140.
This city cannot issue indebtedness over
$10,000 without act of Legislature and vote of people.
ASSESSED VALUATION—In 1905 the total assessed valuation
was $9,7*8,950; in 1895 it was $7,080,572, and in 1890, $6,461,823. Property is assessed at about 90 per cent of its actual value,
and the city tax rate (per $1,000) in 1905 was $9-00.
POPULATION—The population in 1900 was 17,128; in 1890 it was
12,729; in 1880 it was 10,693 in 1870 it was 8.056.
assets, $73,860; net

DEBT LIMITATION.

;

PDTTnCDTr'TZ
r
r\.H,i_JH, JrilO iS^. —

5 GEO. E. SMITH, Mayor.
\ e. C. SHEPHERD. City Register.
of Frederick County. [Chapter 15, Laws of 1902,
authorizes the refunding of the $512,000 bonds below into 3*2 per
cents. No new bonds issued as yet.]
Refunding Bonds— When Due. Bonded d'bt Apr. 1,1905.$579,500
4s .J&J, $512,500
July 1,1918 Sinking funds
63,546
Subject to call after July 1, 1903 Net debt Apr. 1, 1905... 515,954

The county seat

Reservoir Bonds—
J&J, $35.000
July
Subject to cad after July

Tax valuation 1904
3,822,664
1924 Assessment about 4 5 actual value.
1904 City tax (per $1,000) 1904.. $11-00
Water Works Impt. Bonds—
Population in 1890 was
8,193
4S, J&J, $32,000
July 1, 1929 Population in 1900 was
9,296

4s,

1,
1,

(Sub)ect to call July 1, 1909.)
Interest payable in Frederick.

is

A.

**'

P

fi

-

-

I

....1930
1910.)

I

J> $ 18 ?,700 o
1940
/'§'Y,
(Sublect
to call after 1920.)

i

3 *8

seat.

and municipal taxation
Whtn Due Bond debt A P r i» 1905 ..$313,700

L iVS^ d,, «= «™
$125,000 o
,fv,..'
(Subject to call after

<

s.

Allegany County. Bonds are exempt from taxation
When Due. Floating debt
$9,200
OANS— Water Bonds—
2,555,553
Tax valuation 1905
Refunding
1929 City rate (per $1,000) 1905.. $5-00
4 i«b, J&J, $55,000
Assessm't about 90% actual value
(Subject to call after 1904.)
Population in 1905 (est.) ...6,000
Interest payable in Frostburg.
5,274
Bonded debt Sept. 30,'05. .$55,000 Population in 1900 was
This city

is

in

'

0. Beard,
HAGERSTOWN.-J.
Washington County.
county
This city

is

Clerk.

seat of

the

4s, J&J, $4,000r. July 1, 1906-'13
ft hen Due.
LOANS7.000r. Jan. 1, 1908-'14
4s, J&J,
Electric-Light Bonds—
4s, J&J, $59,000 r. July 1, 1924-63 (Bonds are all exempt from city
and county tax.)
Street Paving Bonds—
4s. J&J, $14,900 r... 1905 to 1927 Interest payable in Hagerstown.
Drainage and Street Bonds— Bond, debt Apr. 1, 190.3. $134,400
6,935,051
4s, J&J, $40.000r.July 1,1906 '25 Tax valuation 1904
Assessment about 23 actual value.
Improvement Bonds—
4s, J&J, $2,000r.Julyl,1906-'07 City tax (per $1,000) 1905. ..$7-70
Population in 1890 was ....10,118
Drainage Bonds—
13,591
4s, J&J, $4,000r. Jan. 1, ^Oe^lS Population in 1900 was
Population in 1905 (est.)... 15,000

MONTGOMERY CO.— R. G. Hilton, Clerk.
County seat

is

Rockville.

When Due. Total debt Oot. 9, 1905 $71,500
Assessed valu'n, 1 eal. 11,272,270
Court Hodse Bonds—
2,418,155
1906 to 1915 Ans^seed val., pers'l..
4s, A&O, $20,000

LOANS—

($2,000 due yearly on Oct.

1.)

Road Bonds—
4s,

J&J, $22,000

.

. .

.Jan. 1,

($500 yearly) to Jan.
5s,'04,

1,

1905
1949

A&O.$2,o00o.Oot. 1,'06 10

Total valuation 1905... 13,690,425
Assessment about \ actual value.
County tax (per M) 1905 .. .. $9-95
Population in 1905 (est.).... 32,000
Population in 1900 was
30,451

School Bonds—
4s,'O4,A&O,$27,000c.Oct.l, '06-32
TAX FREE—The above bonds are exempt from taxation.
INTEREST is payable at the Montgomery Co. Nat. Bank, Rockville

WASHINGTON
Hagerstown
is

LOANS—

CO.—J. E. Wagaman, Clerk

the county seat.
When Due.

Assess'dval'at'nl905.$21,849,387
23 actual value.
State & co.tax (per M) 1905 .$885
Population in 1890 was -..39,782
Population in 1900 was
45,133

Refunding Railroad Bonds—
4s,

J&J, $54,600

Assessment about

July 1,1918

4i28,court-hou8ebds.,1908 $14,500
Bonded debt Oot. 1, '05.. 70,100
1<:7.100
Assets —Cash on hand
"The county in June, 1902, received $434,000 for its interest in the
Western Maryland Railroad, and with the';prooeeds greatly reduoed
its

debt.

TAX EXEMPT.—Bonds

are exempt from county and municipal

taxes.

additionalTstatements.
In the table below we give statistics regarding several civil divisions
in the State of Maryland which are not represented among the foregoing detailed reports. We add the population from the if. 3. Census
of 1900.

Tax
Place

—

Popu-

Bonded Floating
Debt.

Anne Arundel County. $70,000
Caroline County
25,500
Charles County
20,000
Havre de Grace (C),
Harford County
55,000
Hyattsville (T.), Prince
George County
60,000
Laurel (C), Pr. Geo. Co. 89,500
Prince George's County.106,400
Snow Hill tO.Worc.Co. 33,000
Somerset Co
47,000
Talbot County
41,000

Assessed
rate per
Debt.
Valuation. $1,000.
$9-8
25,000 $13,249,541
4,500
5,619,854
1000
11-10
None.
3,710,822

District of

>

lation.

1900.

39,620
16,248
17,662

None.

1,500,000

6 00

3,423

None.
2,000

766,132
1,016,000
11,709,753

600

1,222
2,079
29,898
1,596

None

5 00

600
....

4,500
None.

-

10-25
8-50

4,728,397
9,008,506

25,923
20,342

Columbia.

(INCLUD'G THE LATE CORPORATION OP WASHINGTON.)
On July 1, 1878, the duties of the Sinking Fund Commissioners of the
District of Columbia were transferred to the Treasurer of the United
States, and since that date Congress has appropriated annually a sum
sufficient to pay not only the interest on the District's bonds but also,
it is believed, sufficient to extinguish the entire debt of the District upon
the maturity of the 3-65 per cent loan, in 1924. Bonds are tax exempt.

LOANS—

NAME AND PURPOSE.
District of Columbia—
'Fifty -yr. funding 1874 c &

—

Interest.

—

>

P. Ot. Payable.

Principal.
Outstand'a.

«

When Due.

r 365 F & A Aug. 1, 1924 $11,835,000
*The faith of the United States was pledged to secure the payment of
the interest on these bonds and to maDatain a sinking fund sufficient to
redeem them all by maturity. The issue was limited to $15,000,000 and
is exempt from taxation by Federal, State or municipal authority
Of
the $15,000,000 boi.ds authorised. $14,997,300 were issued, of which
$3,lb2,300 have been retired to date, leaving $11,835,000 outstanding. The coupon bonds are for $50 and $500 each, the registered
8
bonds $1,000 and $5,000 each.
INTEREST on the bonds is paid at the United States Treasury In
Washington and at the Sub-Treasury in New York.

TOTAL DEBT-

OR 1, 1905. Apr. 1, 1905. Apr. 1, 1904. Apr. 1, 1903.
Total fund. debt..$ll,S35,000 $12,051,350 $12,493,750 $12,917,250
On July 1, 1878, when the duties of the Sinking Fund Commissioners
of the District were transferred to the Treasurer of the United States
the total debt was $22,106,650.
On Oot. 1, 1905, stock and bonds to the amount of $3,780 on
which interest has ceased were still outstanding; funds for their payment are deposited in the United States Treasury.
ASSESSED VALUATION--

FREDERICK COUNTY.— 0. C. Ausherman,
Clerk County Com. — Frederick the county
Bonds
exempt from county

are all

81

DISTRICT OF COLUMBIA.
J4MLS
FULLRR. MS]
Mayor.
JAMES FULLRK.
the National Exchange CDrvCTDTTDP
metzoer. cierk
and 1952 FHUb 1 rsUrlLx. — \j,

Nov., 1905.J

|

I

I

-

Assessed valuat'n 1904.21,043,616
Assessment abt. 70% actual value.

State & co tax (p.M) 1904... $11-45
Population in 1900 was .... 51,920
Population in 1890 was.... 49,512

Personal
Total Ass'd. Mate of Tax
Heal Estate.
Property.
Valuation, per $1,000.
1904
$213,250,228 $22,383,337 $235,633,56f>
$15-00
1903
208,519,436
22,249,936
230,769,372
1500
1902
182,525,608
15,962,805
198,488,413
15-00
1901
180,434,641
12,567,084
192.901,725
1S00
1900
176,567,549
14,391,438
190,958,987
1500
1895
192,555,046
11,449,485
204,004,531
15-00
1890
137,626,419
11,023,167
148,649,586
15-00
1885
93.502.464
12.795.934
106.298.398
1500
POPULATION—In 1900 was 278,718; in 1890 it was 230.392:
In 1905 (estimate) 323,123.
Tear.

82

and Kesourees

ebts

op

rraaiHi

s^r

THE

WESTERN MIDDLE
INDEX FOR THE WESTERN MIDDLE STATES
0310-State,

INDIANA—

Cities,

&c

State. Cities,

Pages 82 to 96
Pages 97 to 100

&c

State of

I

|

Ohio.

ITS

Etc.

....

30, 1802)

Total area of State (square miles)
State Capital
Governor (term exp. 2d Mon. Jan. 1906)

-

Feb. 19, 1803
41,060

Columbus

Myron

T. Herrick

Secretary of State (term ends 2d Mon. Jan. '07) Lewis C Laylin.
W. D. GuiTbert.
Auditor (term exp. 2d Mon. Jan. 1908)
Treasurer (term exp. 2d Mon. Jan. 1906) William S. McKinnon.
Legislature meets biennially in even years, on the first
Monday in January. There is no limit to length of sessions.

HISTORY OF DEBT.

-Tlie historical details of Ohio's State

debt

from 1825 to 1894 will be found in the State and City Scpi'LEmknt
Of April, 1894, page 75TOTAL DEBT, ETC— With the exception of $1,665 domestic loan
bonds, int. ouwhbii has ceased. Ohio has no funded Statedebt at present, the lust $200,000 bonds havinir been retired on July 1, 1903.
The total bonded debt on Nov. 15, 1902. was $201 ,665; in 1901 it was
$45l,6t-5; in 1900 was $701,665; in 1885, $3,720,229; in 1880, $6,476,805; In 1871, $9,022,721; in 1861, $14,897,273; in 1851, $17,563,329.
COMPARATIVE STATEMENT OF THE STATE AND LOCAL DEBTS IN 1903
AND 1902.
1903
1904.
*$1,665
'tfl.WBS
Funded State debt (loans)
4.748,311
Irreducible State debt (trust funds)!
4,768,701

Local Debts —
Debts of counties
Debts of cities, first and second class
Debts of incorporated villages
Debts of townships
Debts of special school districts
*

Total local debts
Interest ceased 1*71.

..$13,286,503 $12,772/79
91,418.065 81,04 6,053
10,26»,9J2
8,4'2, 67
958.6<<4
1.223.141
9,203,961
9,367,217

$125,398,603 $112,616,880

ASSESSED VALUATION—The assessed valuation of real and personal property In the State has been as follows:
Real Estate.
Tears.
Personal Property
Total.
$1,451,087,020
1904
$6*2,739,148
$2, '13,806,l ec
422.939,254
1
1903
647. 89,735
2,070.22*. 989
1,3-6,180.4^1
1902
594.70J.917
1, 990.8 "5, 3
1,377,253,183
1901
501.026,817
1,9^8.280.000
1,274,203,721
1900
559,849,507
1,834,053,228
1,214,928,085
1895
527,589,429
1,742,517.514
1,232,305,312
1890
545,833,165
1,778,138.477
1,160,165,882
1,670,070, H68
1885
509,913,986
1,102,049,931
456,166,134
1880
1,558,215,966
459,H84,861
707,846,836
1870.
1,167,731,697
639,894,311
248,408,290
1860.
888,302.601
341,389,838
98,487,502
1850.
439,876,340
85,287,261
27,038,895
1840.
112,326,156
50.086,250
14.589,335
1830.
64,675,578
The State tax (per $1,000) for 1903 and also for 1904 was $l'3o for
1901, $289.
-

>

m

;

CONSTITUTIONAL AMENDMENT TO EXEMPT BONDS
of 1004 passed a bill providing for
FROM TAXES. -The Legislature
Article XI
of the

State constitution by
[,
an amendment to Section ',
exempting municipal bonds from taxation. V. *0, p. l»>-5. Fr< m
unethical returns this amendment was adopted at the election held
November 7, 1905, and will tahe effect Jan. 1, 1906.
DEBT LIMITATION.—Ohio has very carefully guarded the debt
making power of the 8tate. This could not be said while the Constitution of 1802 was In force for under that instrument it was competent
for the Legislature to construct works of internal Improvement on
behalf of the State, or to aid In their construction by subscribing to the
;

capital stock of corporations created for that purpose, or to authorize
wayH the creation of debt in UDlimlted amounts. But since the
adoption of the Constitution of 1851 the whole situation in these particulars has changed, the legislative power with respect to the State
having heen limited. The same is in large measure true also of the
municipalities.
FIRST, A 8 to the Stale's power to contract debt, this Is regulated under
the first five sections of article 8 of the Constitution. Section 1 11m ts the
in other

CITIES, Etc.

ILLINOIS—State,

Cities,

MICHK JAN— State,

&c...
&c

Cities,

Pages 101 to 05
Pages 105 to 109
^

I'ower to the supply of " casual deficits In revenues or to meet expenses
not otherwise provided for," but in the aggregate debts for even the
purposes named cannot exceed $750,000. Section 2 contains an excepit grants the power to contract debt in case of int. on to the foregoing
vasion, of insurrection, of war or of the redemption of the then existing
indebtedness. Section 3 reaffirms the limit, except as above specified.
Section 4 forbids the loaning of the State credit. Section 5 further forbids
the assumption of debts by States. We insert these tive sections in full.
Section 1. [Debt limited to seven hundred and fifty I housand dollars].
The State may contract debts to supply casual deficits or failures in
revenues or to meet expenses not otherwise provided for; but the
aggregate amount of such debts direct and contingent whether
contracted by virtue of one or more acts of the General Assembly, or at
different periods of time, shall never exceed seven hundred and fifty
thousand dollars; and the money arising from the creation of such
debts shall be applied to the purpose for which it was obtained or to
re-pay the debts so contracted and to no other purpose whatever.
Section 2. [Additional and for what purpose.] In addition to the
above limited power the State may contract debts to repel invasion,
suppress insurrection, defend the State in war, or to redeem the present
outstanding indebtedness of the State; but the money arising from the
contracting of such debts shall be applied to the purpose for which it
was raised, or to re-pay such debts, and to no other purpose whatever;
and all debts incurred to redeem the present outstanding Indebtedness of the State shall be so contracted as to be payable by the
sinking fund hereinafter provided for as the same shall accumulate.
Section 3. [The Slate to create no other debt.] Exceptthe debts above
specified in Sections 1 and 2 of this article, no debt whatever shall hereafter be created by or on behalf of the State.
Suction 4. [Credit of Slate; the State shall not become joint owner or
storkholder.] The credit of the State Bhall not in any manner be given
or loaned to or in aid of any individual association or corporation whatever: nor shall the State ever hereafter become a Joint owner or stockholder in any company or association in this State or elsewhere formed
for any purjiose whatever.
Section 5. [No assumption of debts by the State.] The State shall
never assume the debts of any county, city, town or township, or of
an5* corporation whatever, unless such debt shall have been created to
repel invasion, suppress insurrection or defend the State in war.
The foregoing sections complete the limitation as to State debt and
credit. Sections 7, 8, 9, 10 and 11 of Article 8 cover the matter of sinking funds referred to.ln Section 2 above. But they need not be published
;

DEBT, RESOURCES,
Admitted as a State (Act April

STATES.

here.

SECOND, As to

Cities,

Towns, Counties,

<&c, so far as

the Constitution

affects the power of the Legislature to authorize these municipalities to create debt, the limitations are found in section 6 of article
8 and in sections 1, 2 and 6 of article 13.
6 of
(1) Section
authorize cities,
article
8 forbids the General Assembly to
&c, to become stockholders in or to raise money or loan
Credit to aid corporations, &o. (2) Sections 1 and 2 of article 13 forbid

the passing of special acts and require general acts for conferring corporate powers. (3) Section 6 of article 13 provides that the General
Assembly make provision for the organization of cities, <fcc, by general
laws and restrict their debt-making power. These sections are as follows:
Article 8, Section 6. [Counties, cities, towns or townships not authorized to become stockholders, <£c] The General Assembly shall never
authorise any county, city, town or township, by vote of its citizens or
otherwise, to become a stockholder in any joint stock company, corporation or association whatever; or to raise money for, or loan its credit
to, or in aid of, any such company, corporation or association.
Artici.k 13, Section 1. [Corporate powers]. The General Assembly
shall pass no special act conferring corporate powers.
Section 2. [Corporations how formed]. Corporations may be formed
under general laws but all such laws may from time to time bo altered
or repealed.
Section 6. [Organization of cities, tie] The General Assembly shall
provide for the organization, of cities and incorporated villages by general laws and restrict their power of taxation, assessment, borrowing
money, contracting debts and loaning their credit, so as to prevent the
buse of such power.
One at first sight would infer from section 6 article 8 above olted that
cities could not subscribe to the stock of or loan money to railroads, as
railroads are corporations and joint-stock companies. That, however,
is not a correct conclusion, as was decided in the case of Walker vs. The
City of Cincinnati, a case which arose under an aot of the General
Assembly of Ohio entitled " An Act relating to cities of the first olass,"
authorizing any such city to construct a line of railroad therefrom to
any other terminus In that State or in any other State. In
pursuance of the authority that aot purports to give, Cincinnati
undertook to build the Cincinnati Southern Railroad. To test the legality of that proceeding this action was brought. The Court'B opinion is
very full and explicit, the conclusion being that from "the language
•' of the section It Is
aalte evident that it was not intended to prohibit
"the construction of railroads nor indee'd to prohibit any species of
"public improvements. The section contains no direct reference to
" railroads nor to any other special classes of improvements or enter;

—

Kov., 1905.

OHIO-CITIES AND TOWNS.

J

" prises. The inhibitions are directed only against a particular manner
" or means by which under the Constitution of 1802 many public im"proveuients had been accomplished."
In compliance with section 6, article 13 (cited above), which provides
for the organization of cities, etc., by general- law, tin-. Legislature made
an elaborate classification of municipal corporations, which wa-i In existence for years. First they wer* divided into cities, villages and
Then cities were divided Into two classes, the first class
hamlets.
being subdivided into three grades and the second class being subdivided into four grades, the grade being determined by population
In addition many special laws
aooordlng to the last Federal Census.
found their way on to the statute books, nominally general In their
scope, but really so worded as to apply to only one city. In June,
1902, however, the State Supreme Court handad down several decisions deolaring such laws special legislation and therefore unconstitutional. The decisions were considered to \>i of such broad application that the Governor called an extra session of the Lesrisiature
for the purpose of framing a new general municipal code. The extra
session oonvened Aug 25, 1902, and after a session of nearly two
months passed a new "municipal code"— a document too lengthy to
quote In these columns. We w>uld refer our readers, therefore, to
pages 994 and 995 of the Chronicle, Nov. I, 1902. wherein will be
found at length the more salient points of this Important measure.
It remains to be said that at the regular session of the Legislature
In 1902 an Act popularly known as the "Longwortk Omuibus bill"
was passed and subsequently upheld oy the Statu Supreme Court.
This Act (which will be fou id in full in V. 7t, p. 1320) amends Sections 2835. 2-t36 and 28 -i7 Revised Statutes of Ohio, relating to the
issuance of bonds by cities, villages and other municipal corporations.
Under the new law the municipal boar Is of legislation, oounoils, etc.,
may by two-thirds votn issue binds for certain specified purposes to
the extent of 1% of the assessed valuation yearly (biit not exceeding
4% in the aggregate) without submitting the question to a vote of the
people. Bouds issued under this Aoi in excess of 1% in any one year,
or In excess of i% in the aggregate, must first be submitted to a vote
of the people and carried by two thirds of those voting on the proposition, but not more than 8% in the aggregate can be .uthorized in any
eve^t. The law passed at the extra session re-aftirms the provision
of this statute, which therefore remains in full effect.

POPULATION OF STATE
1860
1850
1840
1830

4,157,545
3,672,316
3,198,062
2,665,260

1900.

1890
1880
1870

W

1

2,339,511
1,980,329
1.519,467
937.903

83
Sew Bit Binds—

When Due.

LOANS—

M&S. *29. 000.. ..Sept. 15, 1920
4s,'04,J&.D, 7.O00
Dec. 1. 1919
4s.'<'5.F<feA.l~.5O0. Aug. 1.1906 08

Watkk Works Bonds—
4s,

F&A. $K1,000

4s.

20, 1920 '29

Fel).

($8,000 ilue yearly.)
5s, M&S, 15,000.. .Sept. 1911 '15
r
t«,t S 2,000. J*m 1,1906-07
os,
jtfj
2.000 Julvl, 190-i- 7

J&D. $4,000. .Doc

M&N,
J&J

1,
1,

May

6,000.

4s,*0i

!

Total debt

1

I

10,0<>o j u iy 22, 1925

street improvement Bonds—

48,'05,F&A., £85,000

Aug

10

1,'06

Total tax (per $1,000) 1904. $32-50
Population in 190% (est.)... 15,000
Popuiationin 1900 Omnia) 8,974

I

|

—

Alliance School District C. E. H>3 Cl^rk.
When Dae. Bonded debt July 5,1905..$10,000
LOANS—
Assessed

230,760
45,365

ASHLAND.—
M.
This
oounty
village is the

LOANS—

IN

When Due.

Funding bouds
$2,500
Water-works construct'n.. 28,000
T
do
3,'p00
4s, M&S, *60,000
Mar. 20, 1908
5s. 190 :-l90 ....
14,000
($1 000dueea.M&S)toSept.20,'37 Main St. imp, (special)

Sewer Bonds—

.

.

Town Hall -

A*o

5s a.<»u,
os,

Cottage St. impt. (special)
5,000
Bond, debt Seit.l, 1905
150,000
Assessed valuafn 1904.1,628,660
Real value about
2,500,000
Tax rate (per M.) 1904
38-00
Population in 1*90 was
3,566
Population in 1900 was
4,087

$$8,000. Apr. 1, 190T13
8,OOJOot., 1,1906- 13
J

Strekt Bonds M&S, < $11,200 Mar.1.1906-12

5s.

190 \ \ 11. 200. Sept.l, 1906-12
Fire Department
$1,500

Fra nk
ASHTABULA.—
Ashtabula
This city

is

LOANS—

.

$6 000 c.Apr 1,1906 11
5,000c Oot.1,1906 10
Stkeet paving Bonds—

4c b<bvj,
\s,r\
4S,

STATE OF OHIO.
Note.— For places not given in alphabetical order among the following statements, see "Additional Stalemen's" at end of this Slate.

—P.
ADAMS COUNTY.
West
County seat

H. Doyle, Auditor.

Union.

is

When Due.

LO A N S—

5

£

Funding Bonds—

I

Feb. 2, 1917
$50,000
4s,'04,F>A, 13 500o.Aug.l, 1924
4b, .....

Turnpike Bonds—
1910-1911

4s, ....,$20,000

4s,

Bonds—

This city

Nov.

.

—

...,

1906-1914

$9,000

Total debt Mar. 1905 ... $198,500
Tax valuation 1904
4,859,978
State &Co.tax rafe(perM)'04 17-35
Population in 1890 was
26.093

Summit Countv [$23,000 bonds

27].

When

LOANS—

.Apr. 2\ '06-13
$4,000
3 000. ..Mar. 1,1906 OS
5s, J&D, 14,0 O...June 1, 1906-08

Grade crossing—

5s, M&8, $25,000 0. Mar. 1908-12
Funding Bonds 4^8, J&J, 7,500 O.July 25, 1913
4s, J&D, $125.0000 June, 1907-27 4*«8,J&D, 2,000 ...June 1, 1914
($25,000 due each 5 years.)
Street and Sewer (5s) —
Refunding Bonds—
Due.
Due.
5s, M&S, $25,HOOo Mar. 18, 1909 1905. ..$151,600 1910. ... $5,590
16,'
6-08 1906. .. 111,150 1911. ... 7,090
6 000 .June
5s, J&D,
13,000 June 16,1907 1907. ..
4s, J&D,
78,400 1912. ... 5,640
73.000
c.June
1910
5H.890 1913. ... 4,540
4s, J&D,
16,
1908.
26,600
Sept.
1911
MAS,
c
21,
190^.
4s,
..
2 7 ,290 1914. ... 1,5*0
4s, J&J.
19,0 Oc...J»ly S, 1913
Street Paving 4>-o8

4s,

2-

M&S,

,000 c 8ept. 6,1 '13

15.H00C Sept. 6,1914
4s, '04.M&S. 35,500 cHept.l. '14-18
\

(See V. 79. p. 1728, for in turity
44,8, '04, s $ >8 000 -.July 9, 11 24
)

J&J ... > 32,000 o July »,'25 28
Debt Extension Bonds—

Due.
Due.
1905. ... $9,000 1908. ...$10,000
1906. ...
9,000 1909. ... 10,000
1907 ... 10,000 1910 ... 10,000
Total debt Jam 1,1905. $1,221,787
Par value of sink funds. .138.6*2
Population in 1890 was.
27,601
(Parts of several townships an.

$14, 00o.8ep.,'12'13
8 OOi'C.Sep.l. '914
nexed since 1890.)
9,500o Sep. 1,1915 Popula'n in 1900 (Census) 42,728
INTEREST Is payable at the office of the City Treasurer in Akron
and at the National Park Bank in New York.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as below. City tax rate for 1904 was $15 40 per $1,000.
Real
Personal
Total Assessed Rate of Tax
Estate.
Property.
Tears.
Valuation.
per $1,000
$16.207, S^O
1904
16,437,100
$22,644,670
1903
15,719,930
6,391,470
22,111,400
$31-20
1902
15,0*4, H70
5,93 -,400
21,023,370
28 20
1901.
11,:;99,740
24-80
3,043,450
14,444,190
1900
11,85-1,500
25-30
5,877,510
17,731,010
1895
11,176,540
5,831,360
2200
17,007,900
1890
25-40
7,103,520
4,513,480
11,617,000
1880
12-00
4,930,662
2,543,130
7,473,792

4^8, MAS
1905

"

—

Akron School

District. J. F. Bar
Clerk
When Due.
Refunding Bonds— (Con.)—
LOANS—
School construction Bonds— 4s, J&J, $10,000.. July 29, 1910
J&D, $30,000 June
J&D,
5,000.. June

1906-8

.

J&J,

20,000. .July

1911
1909
Total debt Feb. 1,1905. $185,000
M&NI5 30,000 .Nov., 1912-14 Sinking fund
26,587
4s, M&N15. 5,000. Nov. 15,1915
Assess'd valuat'n 1905.22,693.920
4S.M&N18, 40.(0').. Nov. 18. M 2-16 School tax (per M.) 1905 ..$10-50
4s,
4s,
4s,

7,
7,

4s,

.

4s
M&8
48, m<xo,

\
J

A.S.

This city

29,

.

1-V>00 o Mar.l, *06-'o8
20,000.0 Mar.l,'09&'16

ALLIANCE.— ^gf N
is

in Stark

LOANS—

County

O.

SILVER. Auditor.

[$10,00

When Due.

bonds offered Nov.

22.]

Refunding Bonds— (Con)—

Electric Light Bonds—
4s. M&S, 62,650
Mar 1,1922
15,*06 1O 4s, J&D, 21/.00 ...Mar. 10. 1914
«5s M<SS,
M*<* J tlO.oOO.8ept.
38,
f
g 0()(> Hept 15/il .j 6
18
00
"« Oei.15,'16
4s
A&O $ 20,000o
UiASU.j
48, '04
Fihe Dept Bonds—
Oot.15,'18
4e.'<>5 J& Lf 15.00
J'ne,'15-16-18
OS 1
($40,000 JuneS.
Refunding Bonds—
4s, J&J.j 20,000. June 5, 1913-14
4s,
$9,Ouo
1905,' }
8.000 ..June
1915
4s, M&S, 29,000... Sept. 15, 1920
6,500... June 5, 1917
[
-

)

(

4

oo

.o Oct.,

'CJ-Oa

13 500 o *pr. 1,1906-14
Bond debt Apr. 1, 1905. $148,620
) 12 000 o.Oot
1, 1906-13
Bond debt Sept. 1,1905. 143 *7o Bonded debt Oct., 1905 $5 i.500
Floatingdebt
8,935 Assessed val. 1904
2,9 0,010
Total debt Sept. 1, 1905. 152,205 School tax (perM.) 1904.. ..$10 20
S

.

A Tl-JTT'-MC;
I J7iri,lNO.

J\.

This village

is

LOANS—

—

HENRY LOGAV,

w

5

Mayor.

B. GOLDEN, Clerk.
the county seat of Athens County.
I

Refunding Bonds—

When Due.

Improvement Bonds—

....,$1,000
1906 1907
Bond, debt 8ept. 1, 1904. $130,750
Total valuation 1904... 1,228,780
($20,000 on May 1 each year
5s, ....,$20,000
.Jan. 1, 1926 Assessment about Hj actual value.
5s. M&8, 10,000 Sept. 1, 1906 15 Tax rate (per $1,000) 1904. $40-10
Elhctric Light Bonds—
Population in 1890 was
2,620
5s, M&S, $14,000. Sept. 1, 1906 19 Population in 1900 was
3,066
5s,

|

I

I

I

I

Market House Bonds—

4s,'04,F&A.$36.000o Aug 1/09 14

\
£

<,

7 5oo.c..Oct., \ 6-'ll
4,000.0 Apr, '06 09

|

J%J, $7,000
Jan. 16, 1908
Public Impt. Bonds—
5s, M&S, $40,000 o.Sept. 7, '06-09
58, M&S, 33,000 o Sept.26,'0b-08

5s,

A&O,
M&S.

4i£9,'01,
A<teO

)

offered

Park Bonds—

Due.

A&O

4i*8
4*28, a«!U.

6a, ...., $80,000... 1913 '18-'23-'25

)

Bridge Bonds—

5s,
5s,

26 328

$WM. A DUKAND, Auditor.
RAY F. HAMLIN, City Clerk.

the county seat of

is

t;

- '

J

.

Population in 1900 was

a r^-r>riAT
A-.TVJrtCJ.LN

Ash'abwa Sc'ioi-l Dist. —J. L.
Burwell. Clerk
4V,s A&U,
A&O )$ 7 0.c..Apr.,'06-'ll
412s,

$17,000
12,870
Sfreet
78,650
River Impt
5,000
Klpctric.
34,500
Miscellaneous...
600
...

.

Jail

I

W. Wagner, Auditor.

Incorporated July 10, 1891.
Sinking fund
$56,358
Net debt Sept 1, 1905.
95,847
Assessed valuat'n, real.. 2. 71 1, 160
Assessed val., pergonal. .2, 120. 413
Total valuation 19(4 ...4,»3 ,573
Assessm't about 30% actual value.
Tax rate (per- M.) 1905. . $32-50
Population (City) 1890 was.. 8,338
Population (City) 1900 was.12,949

Countv.
When Due.

in

Refunding Electric Bonds—

Bridge
SeweiM.

THE

Cek.

H. Kagey,

seat of Ashland County.

Recapitulation of Debt—

Counties and Towns

valuat'n 1904. .4. 014,270

4s, 05.

5s('0-),J&J,$2*,000c Jan.1,'06-15

Cities,

,

$2,000
May. 1906
J&J. >-,O00o.June 5,'06'13
INTEREST is payable at Alliance

5a

5s, A&O, $10,000 c.Apr. 1, 1911
581,434 <*1,000 every A&O) to Oct. 1, 1915

1820
1810
1800

Nov 1,1905.. 626,313

Assessment debt (inol ).. 185,443
1914 Water debt (Included)... 216,000
1920 Tax valuation 1904
3,839,780

j

4s, '01,
4s, '05,
4s, '05,

Paving & Interskction Bonds F&A. $17 .*>OOAiig 1,1906-08

1906-1910

5s.'M&S,*l 0,000

1

.,

|

ATHENS
County
seat

is

CO.— E

Woodworth, T

C.

as.

Athens.

LOANS—

Infirmary Bonds -

Road Improvement Bonds—

When Due.

M&S, $200,000 c.1929 & 1939
J$33,000c .8ept.l,'09-19 Bond, debt S*pt. 1, 1905. $265,000
2
00Q
c
8eyti
1920
Total
i
valuation 1904... 9,363, 665
1(
County Bonds—
Assessment abt. 3-5 actual value.
5s, M&S, *30,000 0.. ..1903-1908 Popuiationin 1890 was
35,194
($10,000 yearly on Sept. 1.)
Population in 1900 was
38,730
5s,

*« MXrO.
m&»,
os,

—
Wapakoneta.

A I Ifil A I 7TT (~T^
AU^-U.-tt.l^.CLi
OU.
County seat is

LOANS—

$

w H
-

^j. H.

When Due.

-

MYER, Auditor.
GROTHAUS, Treasurer.

Special Assessment

Bridge Bonds

Bonds—

1906-1907
July 1, 1906
Court House Bonds—
J&J, $11,000
($1,000 due y'rly) to July 1, 1916 5s
1904-1909
$56,000
.^s, J&J.
$3,00". Jan. 1, 19«ifi-13 Bonded debt 8ept.l,1904.$169,300
Ps, M<sS,
8,000.. Sepc, 1,1908-n County has no floating debt
5s, J&J,
10,000 .Jan., 1906 '15 Tax valuation 1904... $13,276,904
T&T) 14,000 .July 1,'06-19 Assessm't 40 to 60 p. c actual value
5s '04
os,
04, Jffij
£ l5i ooo Jan. l,'06-20
Population in 1890 was
28,100
5s, \)4, J&J, 10,000 July 1, '0-4-17 Population in 1900 was
31,192
6s, .,....,

*7,400

os,

,

A VONDALE.- See the city of Cincinnati.
BARBERTON.—
F ROBISON Cl -jk.
Summit
This village

is

County.

in

LOANS—

Water Bonds—

When Due.

Fire Dim-artment Bonds—
5s.'0=SM&S,$4,0C0c Mar.1,'06-15
Street Bonds 5s,'05,M&9, $3,000 c.M r.1,'06-15

5s,'0=>,

-

5s.'04,M&s $t.575 c. Mar.l, '06-15
Bonded debt Feb.4,i 90 i. $145,303
Areessed valuat'n 1904. .2,450,440
Total tax rate (per M.) 1901. $28-80
Population in 1900 was
4,354

5s,*04,M&8, 12,825 c.Sept.l.'06-14
5s,'05,M&S, 8,188 c Mar.1,'06-15

BARNESV1LLE.-E
Thlvillage is in

M&s. $15,000 c.Mar.'06-15

88Wkr Bonds

Belmont County.

,

M. Wilkes, Clerk.
5s, '04, J&D $*,172 65 Dec ,'05-14
5s '05, F&A 3.759 52 Feb. ,'06 15

When Due.
LOANSPaving Bonds—
f
5s, J&J, $il8 08.. .Jan. 20, '06-07
Water Bonds6s, M&S, 283 10.. Sept. 10, "Ort-07
1 000 Apr. 1,1907
UJ, A&o
A&O**
08, 'OJ
6s F&A, 6,000 00 Feb. 27, '06-' 13 5s
J 740 oo Apr.1,'08-44
6s, M&S. 900 00 Mar. 22 '06 0-S Bonded debt Sept. 1, '05 .$120,209
I

|

'

M&S, t-00 00.
M&S, 320 00

Sept. 13, '06-13
Sept. 17, '06-13
6s,F&\, 6,300 0> Feb. 1 .'06-14
6s, J A J, 7,000 00... Jan. 11, '06-12
58,M&N,1,600 00. May 11, '06-13
4*28, l&J,9,425 00..July 1, '06-18
6s,
6s,

DCTT ATOC

Floating debt
4,000
sinkiug fund
...
9,133
Tax valuation 1904
1,394,379
Tax rate (per $1,000) 1905.$33-00
Population in 1905 (est.) ....4,500
Popuiationin 1900 was
3,721

5T.C. NICHOLSON, Mayor.
£5 Ca l_ii_. J\. lrtH..
$ F A JACKSON, City Auditor
This city is in Belmont County,
S—
When
Smallpox F^idemic Bonds—
Due.
LOAN
Deb't Extension Bonds—
5s. I&D, $7,000 c
.Deo. 1, 1906
Water Bonds
5s, J&D, $6,741 c .. Deo: 1, 1905
City Hall Bonds—
5s, A&O, $50,000 c... Oct. 1, 1916
4s, M&S, $38,000 0. Mar.l, 1906-24 48, F&A. 5o,000o... Feb. 1, 1923
4s, A&O, 15,000 0... Oct. 1, 1912 41-2S.M&N, 20,000 o...May 1, 1914

—

.

.

—

—

4

1

OHIO-CITIES AND TOWNS.

84

When Due.
Bellaire School Districts. A.
LOANS—
Be. toding Water Bonds—
Liohtenberger, Clerk.
4s, A&O, $50,000 o....Oot. 1, 1920 Ac *ii am 5 $7,000o. Mar. 15,'06-12
TotaldebtS.pt., 1905 .$234,704 48,M&S'5^3 500o 8ept 15( 0612
c.Mar. 15,1906-12
Tax valuation 1904
4,069,000
{7,000
Assessment less than ^ actual val.
7,000 c.Sept. 15,1906-12
6,00» c.Mar. 15,1913-15
City tax (per 1.000) 1905 .$10 40
Population in 1890 was
5,000 c.8ep*.15,1913 15
9,934
Population in 1900 was
9,912 Bonded debt sept. 1, '05. $39,500
Interest is payable at Bellaire.
Assessed valuation, '05.4,1*5,500
school tax (per $1,000) '05. $9 ftO
Population in 1905 (est.)... 12,500

LOANS—

'

,

;

BELLEFONTAINE. —
This city

is in

Logan County.

LOANS—

Light and Paving

6s, .....

6s, ...., $14,000. Aug.1,1906 to '19
* a MAS,
Af*a 5 $>v"'00.... Mar., 1906-18
as,
J
6 5oo.. Kept.. 1906-18

Gas and Electric Bonds—
4^8, M&S. $24,000. June 1,1908
(Due "on or before" above date
19111915
4%b, M&S, $?,0(0.
5s, '05, MAS, $50,000.Sept |1, '35
)

(Subject to call Sept. 1. 1915.
Bkfdg. Gen. Imp. Bonds 4*98, 04, M&S, $49,160.. .190515

Eeal Estate Purchase Bonds
"On or before"
. s 4.. onri
.„ M&S,
$1,200 } gept 190 6-'09
5s, M
Fire Department Bonds—

GELBY,

6s
6s,

.

..

,

M&St to Mar. 1, 1937
1910-1914
M&S, $15,000

District. —

School
M.C.Boals. Clerk.
4s, M&S, $9,000 0...1906 to 1914
Belle foniai*e

(

M&S,

2,500 0...
1906
4s,July,
2,000 c.July 1, '06-07
5s, July, $4.500... July 1906
debt
Sept 1,1905 ..$13,500
5s, '05, Sept. $5,000 .Sept. 1, 1915 Bond.
8inkin«fund
1,103
Befunding Bonds—
Assessed
valuation.
'05.3.200,000
Jan.
1,1906
6s, J&J, $84,000
($4,000 due J&J) to Jan. 1, 1916 Sohool tax (p. $1,000) 1905.$ll-00
..,$7,500
5s, 1905.
INTEREST on the water- works bonds is payable at Belief ontalne;
on the refunding bonds at the First National Bank, New York; on
sohool bonds at office of City Treasurer.
4s,

seat

LOANS—

W. Beatty, Auditor.

This city

Sept. 1,

1911
1907

Assessment about 60% act'l value.
County tax (per $1,000) '05 .$6-75
Population in 1905 (est ) .60,000
Population in 1900 was
56,870
.

K.

LOANS—

4*28,
1,

1923
1919

. .

M&S, $1,000

Mar.

c

1,

,

.

2,

1911

Befunding Water Bonds—
4s, Jan.,
4?, J&D.

1906

$17,000 c.Jan., 1907-23
7,000 c.June 1, 1912

Cemetery Bonds—

4128, M&S, $9,000 c.Sept. 1, 1923
412s, A&O, 10,555 c. Oct. ,1905-08
4s,
1920
8,000 o
,
Judo 1.1926
48, J&D, 15,000 c
5s, Apr., 2,205 84 c. .Apr. 1,*06-12
4s, F<*A. 8,000c ... Feb. 1,1918

4s,

J&J, $7,000 o

Jan.

Park Bonds—

1,

1919

4s, J&J, *20,000 c. Jan. 1911*30
Bond, debt Jan. 1,1905.. $270, 500
Assess, debt (additional)
44,542
Total debt Jan. 1, 1905, 31 5,042
4>*8,'04,J&J.7,000 c.July 1, 1924 Tax valuation 1904
2,786,431
4vs,'05,J&D,l,000 c.Junel. 1910 Assessment % to v actual value.

4ifl8,

1,1910
1,1914
$121,000

Apr. 1. 1910
29,000 o.Jan.1,'06'34
29,000 c.Julyl,'06 '34
16.000 c...Nov. 1, '23
4J500 c July 1, 1925

Special Assessment—
5s, Feb., $4,331 60 C.Feb.

A&O,

10,375 e. Oct.l, '06-'15

Refunding Bonds—

4»«8, .... ,$25,000... Sept
4s,
,
53,000... Sept.

i

4»*s, J&J,
4s ,'05,.I& J,

Funding, Etc.—

Street Bonds—

A&O, $6,000

4l2S,J&J,

4s, J&J,
17,000 c. July 1,
5128, Oct., 2,805 20 ©.yearly to '08
5s, Apr.,10,66;{ 55 c.Apr., 1906 10
4s, J&J,
4.000 c. June 1, 1926
5s, Apr., 4.939 20 c.Apr. 1, '06-*12
A&i
±h 8,-05,
>.
5,000.. Apr. 1, '25
6s.

Deselm, Auditor.
Water Bonds—

Amount.

48,
4s,

A&O, $5,000 c Apr. 1, 1908
F&A, 15,000 o.Aug. 1, 1916

J&J. 21.P00 c.Jan. 1,1923
4i2S,*04.J&D,8.000 O.June 1, 1914
6s,
J&J, 2,000 c
1906

Total debt May, 1905
Mar. 1,
8,000
Tax valuation in 1904.. 26,000,000
Bridge Bonds—
Sept
1,1910
Assessm't
about 60% aotual value.
M&S,
$14,000..
5s,
INTEREST on the refunding 68
7,000... Mar. 1,1908 Population in 1890 was
57,413 other loans in Cambridge.
4»a8
4!28,...

.

located in Guernsey County.

is

Sewer Bonds—
4»28, M&S, $9,000 C.Sept.

58,'05,

Court House and Jail—

When Due.

Assess, valuat'n, pere'1.10,734,721
Total valuation 1904... 33,938,081

6,000 c.Sept., '06-'ll
44,000 c.Jan., '06-'16

J&J,

CAMBRIDGE.—T.

is St. Clairsville.

County Bonds—
4s, M&S, $ 7.000

J&J, $20,000 C.July 10, 1906
J&J, 25,000 c.July 10, 1907
Interest payable at Hamilton.
Bond, debt Oct.l, 1905.. $4*6,137
Sinking fund
5,824
Net debt Oct. 1, 1905.
440,313
Assessed valuat'n, real*23,203,360

"The Miami University lands (22,585 acres), appraised at $1,126,970
exempt from all State taxes except those for school purposes.

to '14

CO.—A.
BELMONT
County

M&8,

4s,
48,

$13,000.. Feb., 1917 to '19
10,000..Feb., 1915 to '16
16.000.Sept. 1, 1921.

Bond, debt Sept. 1, 1904. $277,900
Floating debt
8,900
Tax valuation 1904
2,905,5 4
Asses ment about *3 actual value.
Total tax (per $1,000) 1904.$38 00
Population in 1890 was
4,245
Population in 1900 was
6.649

S

Court House Bonds—
4*28,
4^58,

J&J, $35,000 c Jan. 1, 1908
J&J, 30,000c. Ja l.'10-ll-13
($10,000 due each year.)
412s, J&J,
15,000 c. Jan 1,191 *
4^8, J&J, 10.000 c.Jan 1,1917
4*28, J&J,
15,000 c.Jan, 1,1919
4128, J&J,
10,000 o Jan. 1, 1921
20,000 c Jan. 1.1924
4!s8, J&J,
4*28, J&J, 10,000 o Julyl. 1905
4>«8,
4*28,

are

($500 due
41*8,

When Due.

Bridge Bonds—

Treasurer.

Water Works—

When Due.

—

b!

}e'.

[Vol. lxxxi.

Total tax (per $1,000) 1904,$3S10
Population in 1890 was
4,361
Population in 1900 was
8,241
School District Bonds (addit'l)
John C. Barnes, Clerk.
4s & 58
$37,500.. 1906 1935
is

payable In

New York and on

Population in 1900 was... 60,875

JOHN

MABTING, Mayor.

T3TTD -C A
±3Ji,irtrL,/V.
l o. B. STONE, Clerk.
This village is in Cuyahoga County.

—

5

C.

LOANS-

Street Bonds—
$1,760 o.Nov. 1, '06 '13
1906
850 o. May 1.
M&N,
M&N, 3,900 O.Nov., 1906-*08
12,500 C.Oct. 1. 1904-16
58,*05,M&N, 3 000..Nov.l,'06-'15
5s, Nov.,
58,
5s,
4s, A&O,

Water Bonds—
M&N, $28,000 c.May l,1906,to

4s,

CANTON.— 0.
This city

Sewer Bonds—

When Due.

5s,
5s,

J&J, $1,?00... July

M&N,

1,

1906*07

May 1,1906, to
($150 each M&N) Nov. 1, 1908
Electric Light Bonds—
600...

)$4.i>00May 1,1906 '13
4,0(0 Nov. 1,1906-' 13
M&N, $2,000 c.May 1, '14 to '17

M&N

4b Jfl&JN,}
48,
4s,
58,

A&O,

1

,000 O.Oot.

1,

1909-'10

($1,000 every 6 mos.).Nov.l, 1919 Bonded debt Oct.. 1905.... $79, '.50
4s,M&N, $3,500 o.May., '14 to '20 Sinking fund
6,275
4s,M&N, 6,000 O.Nov. l,'14to'19 Assessed valuation 1904.. 796, 175
f>00o...Nov. 1, 1920 Assessm't about 50% aotual jval.
4s,M&N,
c.Apr., '09 to '12 Tax rate (per $1,000) 1904.$25 10
"is A<su,
A*0 i£ 2,000
as,
1,500 c.Oct., '08-11-12 Population in 1890 was
2,533
2,510"
Population in 1900 was
Befunding Bonds—
5s,

Jan.

..

$l,500...Tan.l,1906-'08

GREEN
BOWLING
Wood
is

County.
When Due.

in

LOANS—

Befunding Bonds—
1908-1917
5s, M&S, $10,000 o

5

I

Ohio

JOE E. BAIBD, Mayor.
ALEX. WILLIAMSON. And'r

Sewer Bonds—
j_ a

48,

-MJtrft
M<s»,

5$6,00Oc.Moh.l,1906-'ll
j

6,000c. Sept. 1,1 906 '11

1,'06-'12
($500 every M&S.)
4s M&S * 3,50(>c.8ept.
48.M&S, $10,000 c.May 1, 1908, to 48, m<sh, 2 i,500c.Mar 1,'10-'12
Sept. 1,1917 a* \tjta S 6,000 o Mar. 1,' '06-17
($500 each M*8)
M&S, } 6 000 c Sept x Q .. 17
Mar. 1, 1915 4s.
4s, M&S, $6,600
($500 each M&S) to Mar. 1, 1921 sa mas-s
6,000 c.Sept. 1, '06-17
08, M<B», $
5s, M&S, $6,600 c... .Sept. 1,1921
4500 Mftr lf .09.! 7
^
1.500 c.Sept.l, '08-13
($1,000 each MAS) to Sept. 1.1924 5s, M&S,
$3,000 o.Mar. 1, *18-*23
($500 in each of yrB.*08,'ll&'13
3,000 o.Sept. 1. '18-'23 5a, M&S $2,100 c.Sept.l, '07-13
4s, M&S,
600 c.Mar. 1, 1924
(500 in odd years only.)
3,000 c.Mar., 1906
6s, M&S,
Total debt May, 1905... $234,500
3,"<>0 c.Mar., 1906-08 Tax valuation in 1904.. 1,815,430
6s, M&S,
5,500 c.Mar 1906-'15 Tax rate (per $1,000) 1904. $3780
68, M&S,
3.000.Mar.l,*)8-'23 Population i n 1890 was
3,467
48,'05,MAS,- 3,000.8ep. l,'18-'23 Popul ation in 1900 was
5,067
500 Mar. 1, 1924
Bowing Oeen Sifiool District
N. B. Harrington, Clerk.
Gas Bonds 1906-'07
6s, M&S, *«,500 cMar.,
=;* M*<?
OS,
m«s, 5$7,OOOc.Mch.l,1906'12
Town Hall Bonus—
j
7,000c.8ept.l,190« '12
6s. M&S, $11,000 o.Mar , 1904-'12 Bonded debt Sept. 1, '05. $14 000
Assessed valuation, '04.1,977,020
Street Assessment Bonds—
9-00
4e, M&8,*119,500 c.Mar., 1904-'12 School tax (per M.), '05.
INTEREST is payable In Bowling Green.
'

,

I

When Due.
LOANS—
Current Expense Bonds—
3i28, M&S, $12.500... Mar. 1, 1909
3>2», M&S, 12,500 ..Sept. 1,1914
3»28,J*D, 25,000.. Deo 21, 1915
M&S. 13,933... Mar. 1.1908
48,

—

BRIDGEPORT.—^.
is

in

LOANS-

Bridge

4e, o,

0. Branum, Clerk.
Belmont County.
When Due. Bonded debt Apr. 1, '05.. $142,000

Mar. 3 19?3. $12,000

Fire Department Bonds—
31*8.

F&A,

$25,000.. ..Aug.

Park Bonds—

1,

1909

July, 1906
J&J, $10,000
Sanitary Plant Bonds—
3128, A&O21, $20,000. Oct. 21, '16
58.

Skweb District NO. 1 Bonds—
*16,00O.Jly.l5,'06-07
r4i«8 J&J
j<bj,^I 4 5 ooo.Jly 15, '08-12
I4-«8,
1906-1907
5s, J&J, 10,000 July 1,
Sewer Dist. No. 2 Bonds—
58, A&O, 29,000... Oct. 15,1906
5s, K&A, 12,000
Aug. 1, 1908
( $24,000. Aug. 15,'06'09
Aug. 1, 1909 5s,F&A,J 3*000..Au«.lV19-'14
58, F&A, 13.000
Market House Bonds—
1,000.. Aug. 15, 1915
(
J&D, $26,000... June 1, 1909
5s,
Refunding Water Bonds—
5s,
J&J, 75,000 Julv L/15-17 48, M&S, $38,000. Sept. 1,1907
July 1, 1925 4a, M&S,
48,
J&J, 53,000
15,000. Sept. 1, 1908
M&S, 25, 000c. Nov. 1. 1920 3^28, F&A,
4s,
15,000. .Feb. 1, 1909
4k8, M&S,
2,800 ©.Sept. 1, 1918 4*28, F&A,
15,000.. Feb. 1.1912
448,.T&D,30,OOO...Deo.,'06,'08,'10
4it8,F&A. 30,000.Feb., 1915&P18

f

Sewer Bonds—

J&J, $15,000.. ..June 15,
($5,000 yearly) to June 15,
5s, F&A,
$6,000... Aug. 1,
5s, J&J,
7,000
July 1,
5s,

M&N20, 13,000... May
Befunding Bonds -

5s.

M&N,

Assessed valuat'n 1904. 1,280,000

1906
1908
1908
1911

20, 1914

May

$12,000..
5s,
20, 1913
5s, A&O,
6,000. .Aug 20, 1914
58, A&O, 106,000.... Apr. 1,1928
4>a8, F&A, 13,000. .Auk. 20, 1923

3*28,
4s.

J&D,

F&A.

6,000.. Dec 21, '15
10,000.. Aug.20,'18

Water Works Bonds—
J&D,

$6,000... Deo. 21, 1906
10,000... July 14, 1910
F&A, 10,000... Aug. 20, 1906
4J28.J&D, 100,000... Junel6,1914
48, F&A, > 50,000. Aug. 1^,1921-22
4128,
4s,
5s,

J&J,

1904, I 50,000 Aug. 15,1926-27
Bond. debt Jan.l, 05. .$1,291,790
Water debt (included)..
735,000
4ks, MAS, 12,000. .Sept. 1, 1923 Special imp debt (incl'd). 10K.057
4s,
M&S, 10,000.. Sept. 1, 1928 Sinking fund Jan.,1,'05.
23,707
4s,
F&A, 22,000.. Feb. 1, 1924 Assessed valua'n 1904.14,237,150
1919-1921 Assessment abt. 25% aotual value.
35,000
48,
See V. 78, p. 1510, for maturities. Tax 1 ate (per M) 1904
$30-00
4^8,'04,J&J,16,000. July 15,19
Population 1890
26,189
4s, '05, F&A, 22.0C Oo. Feb. 1, '30 Population 1900
30,667
1

INTEREST

.

This village

A. Ashbrook, City Auditor.

the county seat of Stark County.

.

INTEREST is payable at the Bank of Berea Co.,Ber?a.
This citv

is

is

paid by Kountze Brothers,

New York

Canton School District. -William C. Lane,
Board

Clerk

of Education.

When Due.
$75,000 o 19 lo-l 918
10,000 c 1910 &'l 1
10.000 c. 1913 & '14
4s.'04,M4N, 25,000. .Mayl, 1924

LOANS—

4s, semi-an.,
5s, semi-an.,
5s, eemi an.,

CEL1NA.— F
Tli is village is in

.

.

H. Kbeusch Cl-rk.

Mercer County.

LOANS—

4s,'05,M&N,$l 5,000 c.May 1,1925
Bond, debt Sept. 1, '05. $283,000
Assessed valua'n, 1905.14,989,910
Assessment about M actual value.
Sohool tax (per $1,000) '05.. $8 '00

[$20,000 bonds offeied Nov. 29.]

1906 1913 20,000 Tax rate (perM.) 1904
Hewer 5s, o
$29 80
1906-1917 31,000 Population in 1900 was
Water 5s,o
3,963
1910...
Sch
Ditl.
Debt—
5s.
March,
3,000
Water
(additional)—
1916-27
M&S.
$1,000
....
Impt.
4s,
c,
75,000
58,
c.
8treet
1906

Strket Improvement Bonds—
4i«a'05JAT
41(8,05,JAJ,}5$20,000c.Jan.l,»25
4s, May, $25,000... May, '09 to '13
22,00Oc.Jan.l,'35
Funding Bonds4e, J&D, 25,000. June20,'23 to '32

COUNTY.— Christian Pabst, Aud.
BUTLER
County

5e, Aug., 18.200 Aug. 24, 1906-18
5s, Aug, 15, 300. Aug., 1906-1923
5s, Feb., 22,770. Feb., 1906-1914
5s, Ail)?., 18.200. Aug., 1906-1918

seat

is

Hamilton.

LOANS—

Refunding Bonds—

When Due

4»«8, J&J, $»,000 o.Jan. 1, '06-'10
($2,000 due yearly.)

Turnpike Bonds—
$400 o

5s. Sept. 1,
5s. Sept. 1
.

.1906

7.737 75 o.'06 to 1908

County Fund—

J&J, $16,000 c.Julv l,'06to»13 4»28,M&N,$10,000 o.JulT l,'06-'09
48.J&J, 10.000 c... July 1,1914 4>fl8,M&N,20,OOOo I'y P12-14-16-18
4s, J&J, 12,000 o....July 1, 1916
($5,000 due each year.)
4s, M&S, 20,000 c ..Sept 1,1917 365s, J&J, 56,000 C.July 1,'06-21
4s,
4s,

M&S. 20,000
M&S, 10,000

c....8ept. 1,1918
c....Sept. 1,

1909

Road Improvement—

4>28,

M&S, $25,000

58,'04,July.l9,800 0. July, 1906-14
4>«8.'O.\M&N.4O,O00o.Mayl,06-15

Highway- Bonds—
48,

4b,

o Sept.14,1906

When Due.

J&J, $25,000. .July, 20,'16-'20
.

Water-Works Bonds—
68

,

$48,000

Apr.

3,

1929

Light Plant Bonds—
4s, J&D, $5,000
June 12, 1915
4s, J&D, 20 ,000.... June, 1916-'25
5s, Sept., 12,000. ...Sept., 1915-'26

Befunding B<nds-

4H,b.M&8, J $21,000 May 1, '13-54
1904, ( 21.000.Nov. 1/12-53
Int. payable at Village Treasury.
Total debt May, 1905
$336,036
Total valuation 1901... 1,160,390
Total tax (per $1,000) 1904.$4630
Population in 1890 was
2,702
Population in 1900 was
2,815
Oe'ina School District —
68, M&S, le.OOOo
1910-1917
Bond, debt Oct. 1, 1905. $16,000
Assessed valuat'n, '04.. 1.204,940
Sch. tax (per $1,000) 1904. .$1000

—

T

iprvTUP

l*>tlL)-,l-.ll~><U 1 nil.
This city is in Rosa County.

—

WALLACE YAPLE, Mayor.
ROBERT D. ALEXANDER,

5
J

When Due.

LOANS-

I

Fondinq Bonds—

I

4ms, J&J25, *84,500o. Jan. 25, '14

Street Improvement Bonds—
Aug. 5, 1913
$13,000
4s

LOANS—

Aud'r

Refolding Bonds (Gold)—
4kg, J&D, $100,000.. .Deo. 1, 1915
(subject to call— see tielow).
Bonded debt Sept. 1,1905.$347, 250

I

Assessment debt (lnod.). 175,850
St u king fund assets ..
30,000
Total valuation 1904
5,043,915
Assessment about 23 actual value.

(Subject to call part yearly.)
July, 1914
$33,400
(Subject to call after 1900.)
Apr., 1915
4a, ....,$27,200
(Optional part yearly )

Total tax (per $1,000) 1904. $3060
Population in 1890 was
11,288
Population in 1900 was
12,976
ChilUcolhe School District—

March, $27,000 March 8, 1916
(Optional $2,000 yearly.)
Oct. 10, 1913
5s, Oct., $11.000
4k8,*05,June $18,000 June iO '15
4s,

1908-1917
$6,000
30,000
1906-1920
4k«.M&8, S 8,000 c.Mar. 1, '08-15
1904, ) 9,000 o Sept. 1 '07-1
Bonded debt Sept l ,1905 $55,000
School tax (per $1,000) 1905.$9'07
6s,....,

5s

Sewer BondsOct. 4, 1913
$6,500
5s
(Sub)ect to call after July 1, 1900)
Oct. 10, 1913
5s, 6ct., $8,500

.

.

OPTIONAL.—The refunding bonds may be redeemed six each year
for seven years beginning Dec. 1, 1902, seven each year for six years
INTEREST
and at

office of

1,

1909, and eight on Deo.

is

payable by the Farmers' Loan

1,

1915.

&

Trust Co., N. Y.,

City Treasurer.

85
-

Interest.

Hate.

NAME AND PURPOSE.

—

-Principal.-

When Due

Payable

Outstand'a.

& D June 1, 1929
Subject to call after June 1, 1909
J & D June 1, 1932
o<ferl892 4
do
Subject to call after June 1, 1912
8ewer Construction.... 1903 3m M & N Nov. 1, 1923
1889 4

Trunk Sewer

J

$50,000
300,000
s.f. 5, 000

M&N
A

3**
Nov. 1, 1922
3>2
& O Apr. 1, 1921
Subject to call after Apr. 1, 1911

1902
Garbage bonds
Special Condemnation. 1901

.

4s, July,

beginning Deo.

4

,

OHIO-CITIES AND TOWNS.

Nov., 1905.]
^.tttt

—

5

1

,

>

s.f.37,000

50,000

3k A & O Apr. 1,
Subject to call after Apr. 1
Apr. 1,
1899 3m
Subject to call after April 1,

1919
s.f. 4 ,526
1909
1919
s.f.3,873
do
do
1909
s.f. 6,74 4
1900 3m J & J July 2, 1915
do
do
Subjeot to call after July 2, 1910
s.f.2,138
1900 3k F & A Aug 1, 1820
do
do
Subjeot to call after Aug. 1, 1910
s.f.i.eoo
1899 3ia A & O Apr. 1, 1919
do
do
Subject to call after Apr. 1, 1909
1917
Nov.
s.f.5,250
do
1897 3m M & N
1,
do
subject to call after Nov. 1, 1907
1923
Jan.
25,000
312
J
1903
&
J
1,
do
do
s.f.S'SCO
Special Street Fund.
Fund... 1899 3k F ft A Aug. 1, 1914
Subject to call after Aug. 1, 1909
19'
s.f.25,000
do
1899 3m F & A Aug 1,
do
"
Subject to call after Aug 1, 1909
200,000
8treet Repair
1902 312 J & J July 1, 1927
s.f.50,000
do
1902 3ia A & O Oot. 1, 1927
s.f.KO.000
1923
do
1903 3k M & N Nov
s.f.25,000
1924
do
1904 4
J & J Jan.
250,000
1924
Apr.
Sewer construction
1 904 4
350,000
1935
do
do
01905 3m M & N May
300,000
1924
Street improvement.. .1904 4
Apr.
250,000
do
do
... cl905 3m
M & 8 Sept. 1, 1925
35.000
Street Extension
1901 313 A & O Oct. 1, 1911
Street resurfacing .... 01904 4
F & A Aug. 1, 1924 s f. 200,000
s.f.l 5.000
do
do
...ol»04 3m M & N Nov. 1, 1923
do
..ol905 3k F & A Keb. 1, 1925 s.f.500.000
do
s.f.25,825
Turnpike bonds
1887 4
Apr. 15, 1907
do
Apr 1. 1933 s.f.18,500
do
1903 4
100,000
University, Letter H2.C1894 4
J & J July 1, 1918
313 F & A Aug. 1, 1938<
540,900
Waterworks
1898
s.f.9,100
Subjeot to call after Aug. 1, 1918 I
s.f.50,000
..1897 3*65 F & A Feb. 1, 1937
do
Subject to call after Feb. 1, 1917
do
..1897 3ia F & A Aug. 1, 1937 s.f.250,000
Subject to call after Aug. 1, 1917
1,000,000
F & A Aub;. 1, 1939
do
..1899 3
Subject to call after Aug. 1, 1919.
F & A Feb. 1, 1941
1,000,000
..1901 3
do
1899

do

do

A&O

,

CINCINNATI
X^
Wil
^w
*

FLEISCHMANN, Mayor.
3 W T PERKINS. Auditor.
(LOUIS CARROLL, Sec. S. F. Trustees.
C JULIUS
-

-

'

Cincinnati is situated in Hamilton County.

In 1895 the villages of Avondale, Clifton, Linwood, Riverside and
Westwood were annexed to Cincinnati and their indebtedness was
assumed by that city. In 1903 the villages of Hyde Park, Evanston,
Bond Hill and Winton Place were annexed.

LOANS—

-

Interest

—

-Principal.

Bate. Payable.
' Outstand'g.
When Due.
NAME AND PURPOSE.
Additional Pavement. 1893 4
J & J Jan. 1, 1913 s.f.$300,000

Subject to call after Jan.
1894 4
J & J Jan.
Subject to call after Jan.
18*7 3k J & D Deo.
Subject to call after Dec.

1903
1914 s.f. 100,000
1904
Avenue Pavement
l. 1917
s.f.175,000
1, 1907
do
do
1901 3k J & D Deo 1, 1920
150,000
Subject to call after Dec. I, 1910
do
1902 Sk J & D June 1, 1922
s.f.75,000
Subject to call after June 1, 1912
Bath House
1903 3 m J & J July 1, 1928
s.f.22,000
Bridge Repair
1901 3k A & O Apr." 1. 1921
50,000
Subject to call after Apr. 1, 1911
Cincinnati South. Ry. 1876 6g. M & N May 1, 1906
2,890,000
do
do
1876 73 M & N May 1, 1906
1,865,000
do
do ..1878 7
& N Nov. 1, 1908
835,000
do
do
1879 6
F & A Aug. 1, 1909
895,000
Cincin. So. Ry. Term... 1902 3k J & J July 1, 1965 S.f. 500,000
Subject to call July 1, 1942.
do
do
1903 3m J & J July 1, 1965
500,000
Subject to call July 1, 1943
do
do
1904 3>j J & J July 1, 1965
500,000
Subject to call after July 1, 1944
do
do
cl905 3^ J & J July 1, 1965
£00,000
Snbject to call after July 1, 1945
Ref'd'gCin. South. Ry. 1902 3k J & J July 1, 1952
7,810,000
Subject to call after July 1, 1932
City Hall bonds
1893 4
Apr.20, 1913
s.f.25,000
Subject to call after Apr.20, 1903
City Hall Repair
1903 4
J & D June 1,1913
sf.40,000
Con. Sinking Fund.
1880 5
M & N May 1, 1930 1,154,000
Subject to call after May 1, 1910
do
do
1881 4
J & J July 1, 1931
827,000
Subject to call after July 1, 1911
do
do
1891 4
J & J July 1, 1941
77,000
Subjeot to call after July 1, 1921.
do
do
1896 4
J & D Dec 14, 1921
s.f. 44,425
Subject to call after Dee.14, 1916
uo
do
1897 4
8 Sept. 1, 1922
s.f. 4 3,175
Subject to call after Sept. 1, 1917
do
do
1880 5
May 1, 1930 J
178,000
Subject to call after Maf 1, 1910 I
s.f. 5,000
do
do
1881 4
J
June 8, 1931 s. f. 129,000
Subject to call after June 8, 1911
140,000
do
do
1881 4
J & J July 1 1931s.f.878,000
Subject to call after July 1, 191
do
doR'fg.l897 3-65g.F & A Feb. 1, 1937
3,600,000
Condemnation bonds el 904 4
A & O Apr. 1, 1924
50,000
do
do .1904 4
M <fe S Sept. 1, 1934
30,000
do
do .1905 3k A & o April 1, 1935
s.f. 7 5, 000
Emergency Fand
1905 4
J & J July 1, 1906
e. f. 8, 000
Fire Depart't Imp
1904 4
M
&
I,
1934
325.000
8 Sept.
Fire Dept.Bldg bT nds cl 905 3k M <« N Nov. 1, 1935
75,000
Police Dept Bids; bds ci«05 3k M & N Nov. 1, 1935
75,000
Hospital, 1876,Letter S3 c&r 7
M
& N May 1, 1906
50,000
do
1902
31* A & O Oct. 1, 1927
s.f. 45,000
do
1903
313 J & J Jan. 1, 1928
100,000
Hospital Emera;ency.,ol904 4
A
_ o Apr. 1, 1914
&
50,0
Hospital Fund Bonds.01905 3k M a s Mar. 1, 1935
250,000
Hospital bonds
1900 3k F & A Auk. 1, 1915
s.f.25,000
Liberty Street viaduct.. 1899 4
J & D June 1, 1939
68,000
Subject to call after June 1, 1919
Highway Impt. bonds.. 1894 4
J & J Jan. 1, 1934 8.f.50,000
Subject to call after Jan. 1, 1914
Library bonds
cl904 4
J & J Jan. 1, 1924
12,000
do
do
1904 4
A
O Oct. 1, 1934
30,000
do
do
1905 4
s.f.31,000
J & J July 1, 1935
34,000
House of Refuge bonds, '96.
J July 1, 1926
S.f. 6,000
do
do
1905 3k
O April 1, 1925
30,0l>0
Infirmary Impt
cl904 4
J Jan. 1, 1923
40,000
Park Lmprovem't bds.1894 4
June 1, 1914
s.f.25,000
Subjeot to call after June 1, 1904
do
do
1902 3k J & J July 1, 1927 s.f.50,000
Park Extension bonda.18^3 4
J
June 1, 1923
s.f.35,000
do
do
cl904 4
J & J July 1, 1954
500.000
do
do
cl90t 4
M & 8 Sept. 1, 1924 s.f. 2 5,000
do
do
cl905 3*2 J & D June 1, 19^5
350.000
Mo Lean Ave. Sewer, Let.U2 5
May 1, 1909
*35,000
Madisonville Ave.bonds, '95 4
J & D June 1. 1915 <
16,000
Suliject to call alter June 1, 1905
s.f. 19.000
Market House bonds ..190\ 313 J & D June 1, 1921
50,000
Subject to call after June 1, 1911
do
do
1902 3m A & O Oot. 1, 1927
s.f. 6,000
do
do
1»94 4
J
June 1, 1914
s.f. 60,000
Subject to call after June 1 1904
do
do
J 897
3ia J
Deo. 1, 1917
s.f. 60,000
Subject to call after Deo. 1, 1907
,
Orphan Asylum, reg.... 1858 6
s Mar.17, 1908
100,000
do

do

1,
1,
1,

A&O
A&O
A&O
A&O

M&

M&N

&D

.•ft.

"

&D

&D

M&N

<>

_.

&D
&D

M&

&
&

do

do

M

A&O

Subject to call after Feb. 1, 1921.
A Feb. 1,1942
..1902 312 F
Subject to call after Feb. 1, 1922
A Feb. 1, 1943
..1903 3m F
Subject to call after Feb. 1. 1923
..1903 313 F & A Aug. 1, 1943
Subject to call after Aug. 1, 1923
..1904 3-65 J & J Julyl, 1944
Subject to call after July 1, 1 924

do

do

3m F & A
01892 4
J & D
1903 4
M& S
1904 4
F &A
1904 4
1893 4
J & D
1894 4
J & D
1905 3k A & O

Feb

01H05

do

s.f. 75,000

1,000,000

500,000
1,075,000

1945

1,

1,000,000

Subject to call after Feb. 1, 1925

Viaduct bonds

June

do
do
do
Workhouse Impt.,
do
do
bonds
Special Assessment bonds.. 4,4k.4%,5&6

Mar.
Aug.
Apr.

A&O

June
June

1,
1,
1,
1,
1.
1,

April 1,

350.000

1922
1923
1934
1924
1923
1924
1925

s.f. 10.000

300,000
7,500
100.000
s.f. 6.000
i:0,000

s.f.857,448

477,549
52,500

AVONDALE—
Sewerloan

5

Various

Sidewalk bonds
do
do
do
do

5

Improvement
4
and Police impt. 5
Turnpike & lmprovem't
5
Water loan
5

1913
Oct. 1, 1912
Mav 1, 1914
1921-1925
Various
1914-1923
Various
May 1, 1914
J & J Jan. 1, 1907

Water Pipe bonds
1895 5
Culvert A Drain, bds. 1900 5
Street Repair bonds... 1900 5
Sewerbonds
1903 4
Debt Extension bonds.1902 5
do
do 1902 5
do
do 1903 5

M & S
A &O
A &O
M & S
M &N
M & S
at & S

5

5

Street

Street. Fire

BOND HILL—

CLIFTON—
Gen. Improvement bds.1888
do
do
1890

Sewer bonds
Water bonds
do

1837
1886
1892

EVANSTOJi-

Wa'erbonds

1900

Fire Protection bonds. 1899

Town Hall bonds

1900
Debt Exten. bonds.. 1897-8
Condemnatian bonds. 1900
Cement Walk bonds... 1896
do
do
1896

5
6
5
6
5
6
6

do
1901 4
Montgom. Boul. bonds.1902 5
Trunk Sewer bonds.. .1900 5

HYDE PAK ItHall bonds

do

do

&

J July

1,

1899 4
1900 4 k

J
}

A&O
M&N

M&N

A&O
A&O
Feb.
A&O
J &J
J

&
&

LINWOOD—
Water-works
do

& Eleo.-lgt bds.

do
Engine House bonds. .1894

4k

500

25,000
75,000

Nov. 1, 1912
Mar. 15, 1912
Mar. 20, 1913

2.500
4,679
3,504

1918^
1920
1917
1906
1922

$99,500
s.f.500

50,000
50,000
20,000
12,000

Nov.28, 06-29

$14,600

May 8, 'OB-19
May 8,1920
5 May 8, '06-19
May 8, 1920
May 8, D>20
May 8, '10-19
May 8, 1920

1,400
10,100
1,400
23,100
25,000
1,000
98,000
2,500
2,000
10,000
5,000
4,000
4,500
2,500
1,400
13,100
$29,000

5
?

i

!

Street Repair bonds. ..1900

s.f.

$17,000
7,000
18,000
40,000

Water Pipe Ext. boods.1900 4k
Trunk&Lat.Sewer bds. 1900 4k
Street Imp mt. bonds.. 1900 4k
Refunding bonds
1901 4k M & S Sept. 2,
Town Hall Furnl8h'g. .1902 4
May
May 28,
Sidewalk bonds
.1902 4
Mar. 10,
March
do
do
1902 4k August Aug. 18,
do
do
1902 4k
Nov. 6,
Water bonds
1903 4
M
& S Mar. 15,
Debt Extension bonds. 1903 4
Apr. 1,

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

230,000
74.500

15,000
1,000
18,000
10,324
10,000
2,649
3,326
s.f. 3.000
s.f. 1,500
7,000

S
J

Deo.
A&O
M&N
M&N
M&N
M&N
M&N

2,500
s.f.12,500
s.f. 15 ,000
B.f. 10.000

Apr. 2, 1920
Jan. 16. 1909
Apr. 2, 1920
1907-1908
Apr. 2, 1920
1916-1924
Sept 18, 1916
July 24, 1911
Dec. 1, 1912
Apr. 2, 1920

Jan.

M

1920

s.f.9.000

Apr. 1, 1920
Apr. 1, 1920
Mar. 30, 1923

Sept. 1,

4k J & J July 1,
4k M&N May 1,
4k J & J July 1,
5
J & J Jan. 1,
4k A&O Apr. 15,

do

Town

J

1905-1918

1921
1922
1922
1922
1922
1923
1923
May 8, '06 19
[May 8,1920
1

Aug.

1,

Feb.

1,
1,

May

1923
^
1923
1909

s.f. 500

40,000
s.f.3,500

—

9

OHIO-CITIES AND TOWNS

86
LOANS—
RIVliKMDI<-

Street and Sewer Itnprove't

do
do
do

5

do
do
do

1892 5
1894 5
1894 5
Highway lmprovem't.1895 ft

Waterworks

WESTWOOD-

F &
J &
J

M&

1888

6

.1

£

Oct. 15, '20-22

&

J July 1, 1908 >
>
part yearly.
Feb. 1, 1909)

Subject to call
1»H9 6
Subject to call part yearly.
189S 5
J & J July 1, 1915
J8P5 5
S Sept. v, 1925
Deo. 9, 1925
1895 5

F&A

do

Water bonds
Sid-walk bonds
Turnpike bonds

.

.

S

M&
J&D

WIN TON PLACE-

Funded Debt—
A&O, $276,OOOo.Oct. 1, 1916
4s,
A&O, 22ft,000c.Oct. 1, 1908
4s,
A&O, 265,000c. Oot. 1, 1909
4s,
A&O. 127,000c.Oct. 1, 1910
48,
A&O, 100,000 C.Oct. 1,1911
48,
M&N, 39,000c.Nov. 1, 1911
48,
A&O,
922,0<>0o.0ot. 1, 1912
4s,
4s, A&O, 100,000 o.. Apr. 1,19 1
Grade Crossing bonds—
4s, J&D, $50,000 c.June 1,1918

**$7,400
s.f.100
**1,700
s.f.HOO
s.f. 20.000
».r.20,000
s.f.20,000

(-127,000 0. Oot. 1, 1911
(Subject to call .fter Oot 1, 1901.)
4s, M&8, *2i0,000c Sept. 1, 1936
(Subject to callafterSeni. 1, 1906.)
3*28, M&8, $42,500 C. Sept. 1, 1936
(Subject to call after Sept. 1, 1906.)
38, A&O. $130,000 c Oct. 1, 1940
(Subject >o call after Oct. 1, 1910 )
3ifi8, A&O, $3 < ,50' > c
Oct. 1 1 940
(Optional after Apr. 1, 1912.)
3^8, 1905,... $1 00,000 c
1915
.

.

''s,

.

is

,

5s, M.s9,

5,000 c. Sept. S. 1913
Bond, debt Apr. 1, 1905. .$683,500
Sinking fund
266,895
Asses d vai'fn 1904 $223,638,110
-

School tax (per $1,000)

Sept.l5,06-'19

LOANS—

C

'01. .$12-50

Arboyash,

When Due. Asse

sedval., pers")... $12,265,176
Total valuation 1904. 35,070,70(1
Assessin't about 60% actual value.
County tax (per M.) 1905... S3
Population in 1900 whk
58, *>:<9
Population in 1905 was
61,009

*40,ooo Mar.l, '(Mi '2*

4s,'05,MAS^35,<00 Sept. 1/0 -19
( 10,000 sept.l ,'20-'24
de.be Sept. 1/05. $'40,000
As&essed valuat'n, real. 22,811,530

Bonded

JOHNSON, Mayor.
CLEVELAND.—! TOM
MADiOAN,
H.
WARNER, Deputv Auditor.
L.

'

J. P.

Cleveland

is

(

m

Annexation of

Auditor.

J.

Cuyahoga County and was incorporated Mar. 5 1836.
Olenville and South Brooklyn authorized at el< ction

November
1901 Glenville t.iken over on July '25, 190S Annexa
tion of Newburg authorized at election Nov. 7, 1905. Bonds are for
,

$1,000 each; coupon bonds

LOANS—

may be

registered,

A&O, 45,000 c April 1, 1906
A&O, 90,000 c.. Oct. 1, 1907
A&O, 90.000 o Apr. 1, 1926
A&O, 249,000 c.Oct. 1, 1926
A&O, 65,000 c.Oct. 1, 1909
M&N, 60.000 o.. May 1,1911
A&O, 100.000 O.Oct. 1, 1911
A&O, 100,000 c.Oct. 1, 1912
A&O, 30,000 c Oct. 1, 1915
A&O, 1 0,000 c.Oct. 1,1918
JA.J,

J&D,
.TAJ,

JAD,
A&O,

100,000c Jan. 1, 1918
100,000c June 1,19 18
175.000c Jan. 1, 1921
1 00,000c June 1, 1923
150,000 c.Apr. 1, 1920

M&S,

4s,

Police Patrol Bonds—
M&N, $125,000c.May 1, 1925
Uiddings Brook Bonds—
4s,
A&O, $50,000o. Oct, 1, 1918

1,
1,

50.000c. Sept. 1,1924

Flood Damage Bonds—
A&O, $70,000c. .Apt- 1,1914
Street Impkovement Notes—

48,

M&N, $"89,42rt.. 1905 to 1907
street Improvement Bonds—

Cemktery Bonds—
A&O, $100,000o.. Apr. 1, 1927
M&S, 25,000o.8ept. 1, 1922
4s/04,A<*O, 25,000c. Apr.l, 1925
City Farm School Bonds 4s,
A&O. $35,0000. Oct. 1,1911

5e,

4s,
4s,

1,

1918
1926
A&O, 300,<>OOo Apr.l, 1920
A&O, 400,000c Apr. 1, 1922
M&S, 100.00nc.Sept.l, 1922
J&D, 300 0000. June 1,1922
A&O,l,200,000c.Oot.

4s,
M&S, 175,000 c Mar.l, 1919
4S/04.A&O, 150,000 o.Apr.l, 1925
4s, 0=\M&8, 25o.000c.M*r 1,1919
4S/05.A&O, 200,000 c.Oot. 1, 1920

4s,

15.0000. Apr

J&D. 100.000e.June

4a,
M&N,
M&N.
4s.
5s,
A&O,
5b, *05,
J

M&N.

1925

\

$42,000 c.Nov. 1, 1906
2 000 c.Nov. 1, 1907
159.000 o.Oct.l, f06-08
59,000 c.Nov. 1. 1905
472 000 c Nov. I '06-09
152 000 e N )V.l/05 14

M&S. 20 OOOc.Mar.l, 1918 Ss.M&N,
Cabbage Plant Bonds—
OLENVILLE BONDS— Annexed
July, la05.
4s,
A&O, $100,0000. Oct. 1, 1916
Seweb Bonds—
M&S, 155,000o.Sept. 1, 1923
4s.
Sirekt Opening Bonds—
6s, A&O, $3.500. ..Oot. 1, 1906, to
4 s,
Oct., 1908
A&O. $ 1 1 ,000c. Oct. 1 1 927 ($500 each A&O)
48/05.

,

:

4s.'05.M4S, 200 000o.Mar.l, 1915
City Hai l Bonds—
4s,
A&O, $700,000c.Oct. 1, 1921

Sewer Bonds—
A&O, $78,OO0c.Apr. 1, 1906
A&O, 29,000c. Oct., 1906
A&O, 262,0000 Oct. 1, 1907
A&O, 295,000c.Oct. 1, 1908
A&O, 291,0000. Apr. 1,1909
A&O, 390,000c. Apr. 1,1910
A&O, 73,000c.Oot. 1, 1910
A&O, 23O.0O0c.Apr. 1, 1911
A&O, 63,000c.Apr. 1, 1912

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

INTEREST

is

$4 ,000. Mar. 1 '06 to '07
500 .. Sept 1, 1908
Fire, Watee. Lighting, Etc.

5s, Sept.,
5s, Sept..

4I2B
5s,

and

58,

1917

$61,000

A&O,

2 1,000.. Oot. 1, 1919

STREET IMPKOVEMKN

5 >«8, Ann., 55,000 Sept.
58, Sept,

1,

1905-13

49,500.. Sept, 1, 1906-14

|

payable at American ExohangeNat. Bank.

TOTAL DEBT SINKING FUNDS, ETC.-

New York.

Sept. 2. ,005

General bond«d debt
Glenville general debt

'

BONDS—

1

68, May, $54.250.. .May 1, 1905-21
5s. Sept.. 39.000.. Sept. 1, 1906-11
58, M&N,19,500..Mar. 1, 1906-18
5s, Ann.,4i.0o0 ....flept. 1, 1912

$23,610,000
13 ,000
325,805

Glcnvllle street improvement debt
Street ina rovement notes
Sanitary notes

7-!4.426

55,000

Total debt
Sinking funds, City
Sinning funds, Glenville

$24,856,231
$3,029,605
66,284

3,095,889

Not debt

Water debt (Included

4s,
A&O, 125,000 c.Oot. 1,1915
48/04. A&O, 100,000 c Apr. 1, 1925

VrADncT Bjudob

& Culvert—

Park Bonds—

I

I
I

4s,

48,
48,
48,
48,
48,
48,

A &0, $500,000 o. Oot.

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

$21,760,342
$4,241,000

above)

ASSESSED VALUATION Etc.—Assessment ab't 35% actual value.
Assessed
Tax Rate
Valuation. per$l,000.

Tears.

$31-70
29-80

Assessed
Tax Rale
Valuation. per $1,000.

$29-40
$145,071,985
29-55
142,290,775
28-50
134,562,905
30 50
29-30
1902
99,614,055
26-70
1901
88,285,845
2600
26-30
3000
73,647,194
1900
POPULATION— In 1900 (Census) population was 381,768: in 1890
it was 261,353: in 1880 it was 160.146: In 1870 it was 92,829.
Glenville, with population of 5,588, annexed in 1905.
$205,831,745
203,215,230
192,694,970
196,453,645
149.769.4V0

1899
1898
1895
1890
1885
1880

3014

Cleveland School District. — Geo. E. Myers,
B »r«1 of E'l-i ">
When Due.
Glenville Bonds— Annexed
LOANS—

Cle'fc

»

M&H, $22,000 o. Sep/06 to'16
J&D, 100,000 c Junei.% 1906

(is,

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

•

i

MAN,
M&N,

Tuly. 1905.
5s,

May

A&O, $22,500. Oct,. 190^-1917

(For maturity see V. 70, p. 495.)
1, 1908
1,1925 5s, ,r& I), $21,050 June, 1906-12
1,1921 5s. M&S, 62,00 -.Aug 31,1906-36
1, 1M22 Total debt Sepc. 2,1903.$2,304,050
1,1922 Sinking hind
...
361,368
7, 1925 School tax (per $1,000) 05. $11.00
Tax valuation 1904 .$20'»,«31,745
Population in 1905 (est.).. 460.000
J'ublic Library Bonds — (Add'l\
5s, A&O, $250,000 C.Oct. 1, 1918
INTEREST on roupon 4s aud library 5s at Ann clean Exchange National Hunk, w cw Yorttj on coupon 5e at Lincoln Nat Bank, N. Y on
coupon o» at Chemioal Nat Hunk, N. Y.; on Glenville toupons at
300.0(10 o

200,000.. May
F&A, lftO.OOoo. Fen.
75.000 r. Apr.
. alin (
4 ''**
u /l, 050,000
O.Apr.
48/05, J&D, i'OO.OOOc. J'ne

cartieid Savings bank, Clevel and.

HEIGHTS— W.G.Fhare Cl'k
CLEVELAND
Cuyahoga
This village

n ounty.

is In

LOANS-

Assessment Bonds— (Conol.)
Watub Bonds—
$431.* Oct. 1,1907
4 las 'OS
A&O*£ 90
4«38,
u.">,A&u
l0) q t.1/08
4^8/05.A&O$25,000cOit.l/19-23
16
t
Water debt Aug. 15, *05. $50,000
1,1923
Boulevard Bonds—

4s.'05 M&S.fclOO,000 o Mar. 1, '16
4s,
4s,

in

;

When Due.

Bridge Bonds— (Concluded.)
Bridge Bonds—
M&S, $20,000 c Sept.l, 1924
48,
J&D, $125,000 c.June, 1907 4s, AAO. 240.000c. .0»t.l, 1918
58,
4s,
4b,
4s,
4s,
4s.
4s,
4s,
48,
48,
4s,
4s,
48,
4s,
4s,
4s,

Water Works—
M&S, $275,OOOo.Mar. 1, 1910
A&O, 200.000o.Apr. 1, 1913
A&O, 50O,O00c.Apr. 1, 1917

4s.'04.A&O, 1*0.000 o.Apr.l, 1925
4s/o5.M&-<,50,OOt>o Mar.l, 1916

4s/04,A&O.

J&D,

A&O,
A&O,
A&O,
A>0, 470.00O0.A >r.l, 1915
M&8. 220.000 Mar.l, 1919

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

A&O, 250,000 C.Oct. 1, 1928
A&O, 100,000 c.Oot. 1, 1919
A&O, 200.000c.Apr. 1, 1920

4 8,

1912
1913

115.000o.Apr. 1, 1914
23,000c.Oct. 1, 1916
30,000c.Oct. 1, 1917
100,000c. Apr. 1, 1920
500,000c.Apr. 1, 1921
200,O00c.Oct. 1, 1921
500,000. .June 1,1922
480,000c.June 1,1925
350.0000. Oot. 1, 1926
26,000 e.. ot. 1, 1918
20,000 .».pr. 1, 1919

4s,'04,A&O, 184,000 c.Oct.l. 1927
4B,'<t5,M&8. 370,00 o.Mar 1,1914
4«'0.M*S, 25 o00c.M*r 1,1916
4s,'05A&O, 23,000c.Oct. 1, 1920
'aving and Intkrst'n Bonds—
48/0 5 M&S,$200,( OOc.Mar.1,1914
48/0 =., F&A., 250,0000 Aug.l, 1916
Host ital Bonds—
4s/05/vi&S,$iOO,O000.Mar.l,1918

River and Harbor Bonds—
A&O, $500,000 C.Oct. 1, 1926

Tr.-^.

the countv seat.

Funding Bonds—

4s,

—

Oliujb Bonds—
Tears.
6s. A&O, $ ',500c. .. Apr. 1, 1906
190.3
Winton Place Bonds—
1904
58, A&O, $5,000 c... Oct. 15, 1907
1903

CLARK COUNTY.— 0. W
Springfield

$1 10.000o.Oct.

A&O.
A&O,
A&O,
A&O,
A&O,
A&O,
J&D,

5s.

Warswv Bonds—
M&S, $14,000 c.

M&N,

1,'06- , 14

7,200 c Mayl.'OH-'U
M&S. 10,000 c Mar. l/06-'25
Bond Hill Bonds—
6s, F&A, $t,000 o....Aug. 1, 1913
6s, F&A.
4,000 o .. Aug. 1, 1923
6s, J&D,
4.000 c. Dec. 23, 1923

58,

3^8, 19 >5,... 150,000c
1945
Lin wood Bonds—
6s. J&D, $ -t.000 c June 17/0t:-'08
5s,

J&D, $ll,7o0o June

1917

4s,
4s,
4s,

;

A&O,

1,

A&O,
J&D,

1,
1,

A&O,l,0l3.000c Apr.

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

1, 1918
A&O, 25,000c... Apr. 1,1920
Fire Department
M&N, $205,0000 May 1, 1925
4s.
•is.'Oft.MftS. o0."00 c.Mar.l, 1919
4s.'05.F&A,l70.0< c.Aug.l, 1914
Public Baih Bonds—
4s, A&O, $25,000 o....Apr. 1,1912
4s. A&O.
5,000 c.Apr. 1, 1919
4b/05 M&i,20,oo0 c Mar. 1,1917

Jan., 1902.
1903.
Gen'l bond, debt.* 5,483,142 $32,884,42 $30,280,952 $30,740,176
5.*; 7 1.253
4.851.1*9
5.293."04
5.574,211
Sinking fund
$'29,908,931 $27,112,8x9 $25,4^9,763 $25,446,272
Net debt
4,856,700
$3,025,000
$2,719,900
Water debt (incl'd) 5,828 600
There were outstanding on Jan.l, 1905, street bonds for $1,334,997 95
payable by special assessment and no/ included in the above statement
of total debt. Of this sum bonds to the amount of $857,448 35, together
with $92,500 bonds of the Board of Education and $3,863,558 39 city
bonds, were held by the sinking fund, tnese, and the cash on hand
amounting to $760,704 63 -atotal of $5,574,211 37— being applicable
to the payment of the general bonds. Bonds marked thus— s. f.— are
held in the finking fund.
CITY PROPERTY-—The city owns the Cincinnati Southern
Railroad. The rental received for the road was (under the old lease)
$1,090,000 till 1901 and then $1,250,000 till 1906, when lease
would have expired. A new lease was submitted to a vote of the
people at the 1901 election and ratified. Under its terms the lease
Is extended to Oct
12, 1966, at an annual rental of $1,050,000
until Ootober 12. 1906, and for the 20 years following; $1,100,000 for
the second period of 20 years and $1,200,000 for the remaining 20
years. The railroad company is also to pay the interest on $2, 500,000
bonds to be issued tor terminal facilities, as well as a sum annually in
addition for a sinkin< fund. V. 72, p. 499; V. 73, p. 628. The legality
of the lease was upheld In a decision handed down by the Superior
Court on Feb. 6. 1902 (V. 74, p. 392), and affirmed upon appeal by the
State Suprene Co rt. V. 74, p. 741. The water-works pays the interest and sinking fund on all water bonds.
ASSESSED VALUATION, Etc—The net debt on Deo. 31, assessed
valuation and tax rate, have been as follows.
Net Debt.
Tears.
Assessed Vol' n. Tax per $1,000
1904
$29,908,931
$30-26
$224,139,960
1903
27,112,889
215,942,390
2270
1902
25.429 763
211,347,880
2318
1901
25,446.272
24-82
214,871,620
1900
24,863,194
206,481,790
25 98
1895
25,465.867
188,416,800
2814
1890
24,723,068
177,773,240
2666
1885
1
24,468,405
170,086,968
2686
1880
23,953,981
31-00
167,535,356
POPULATION— In 1900 population (U. 8. Census) was 325,902; in
1890 it was 296,908 in 1880 255,139 in 1870 216.239.

4s,

Police Station—
4s, A&O, $100,000 c.Apr.
Fire Bonds—
4s, A&O, $147,000 o..Oot.

OOc.Mar.

4s.

SINKING FUND Etc—
TOTAL DEBTJan.,
Jan., 1904.
1905.
Jan.,

—

1923
1918

0,'

Market House Bonds
4s,
4s,

&J

Cincinnati School Dist. Wm GRAUTMAN,C!eik.
When Due.
RlVEBSlDE BOND8—
LOANS-

50,000c June

1,
1,

c

A&O
M&N

;

1919
1923

2 00, 000 c... Feb. 1,

4s/0 >.M&8 5

M&

.

F&A

).,

4s.

$2,800
S Mar. 1ft, 1918
18 >8 5
Subject to call a'ter Mar. 15, 1913.
12,000
2.1925
ft
Oct.
Town Hall refunding.. 1895
Subject to call after Oot. 2. 1915.
25,000
May 14, 1925
Water Supply bonds .1895 5
Subject to call after May 14, 191?>.
45,000
J & J July 1,1933
Sewer Construe, bds.. .190.3 4
3,000
July 1,1933
1903 4
J
Street Imp'reentbds
INTEREST on bonds is payable at the American Exchange National
Bank of New York and the Tbird National Bank of Cincinnati, which
are the authorized aaents of the trustees of the sinking fund.

Refunding bonds

48,
4s,
48,

1, '17

4a/0ft.M& ,$375,000 o Mar.

f.$10,000
19,000
s.f.1.000
6,000
s.f. 4,000
h, f.15 000
».f.35,0O0

»,

Oct 15. '23 24
Jan. 1.'25 29
Nov.15. 1930

&

5

Oulstund'g.

Aug.15/14-18
Dec 1, 1912

A &
A &

...Ib95

Townhall bonds
do

When Due.

Bale. Payable.

Sewer Bonds—
A&O, $60,000c.0ct.

When Due.
LOANS—
Park & Boulevard Bonds—

-FrmcivaL-

Interest.--^

-

NAME AND PURPOSE.

[Vol. lxxxi.

500,000 o.Apr.l, 1924
50,000o Sept.l, 1924
600,000 c. Apr. 1,19'27
400,000 .Apr. 1.1928
500,000 C.Oct.,'29&'31
250,000 C.Oot. 1, 1933
250,000 c Oct. 1,1935
255,000 c.Apr. I. 1921

When Due.

I

-

,

$5,306 c.Oot. 1.'07
15,000oO. 1 1/08-10
'
Jj 0()Uo 0( t t
x ,
(25,O00cO t.1/12-16
139 .Ort. 1. H07
J o ooOo.Oet.l, '08-16

1

^1 „>n* A&O
»*r>)i
4is8/05,

,

,

General debt
AsHt-Hsiueiit debt
...
total dei.t Aug. 15, '05..
.

7,272
923.562
2M>.834
I.. 062
2.179.665

Sinking funi
Assessed valuat. 1904
Ahwhsimhi t about,
a tllul value.
Tax ratrt iper 1.0' 0', 1904 $16-30
A88ES8MENT BONDS—
4i«8/05,A&O,$l52,1240.O.t.'07-16 Cleveland Heights tjchO'il District—
(See V. 81, p. 1272, for maturity.) Bonded debt Aug. 15,*05..$47,0O0

iLaWiAn)
05.A&O
4i28,

'

.,

5

|

1

OHIO-CITIES AND TOWNS.

Nov., 1905.]

CLIFTON. — See the City of Cincinnati.
This city Is in
1816; as a city March

LOANS—

When Due.

Sewer Bonds—
J&D. $118.000.0.. Dec. 1, 1905
25,000.0 June 1,1906
J&D,
48.F&A, 45,000.0 Aug. 1, 1906
10,000.0. Oct. 1, 1906
48, A&O,
4b,
4s,

.

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

J&J,

J&D,
F&A,
J&D,
J&J,

F&A,
M&S,

M&N,
A&O,

5s,M&N,
5s, J&D,
5s,
5s,

J&J,

M&S.

17,000.0 July 1,1907
8,000.0 Dec. 1,1907
12,000.0 Feb. 1, 1908
5,000.0 June 1,1908
20,000.0. July 1, 1908
47,000.0.. Aug. 1, 1909
15,000.0 Sept. 1,1909
43,000.0 Nov. 1, 1909
300,000.0. Apr. 1,1910
40,000.0.. Nov. 1,1910
10,000.0 .Deo. 1,19.10
200.000.C Jan. 1, 1911
.

1,500.0. Mar.

City Hall Bonds
4s, J&D,*l»\00O.c
M&S.125.000.C
4s.
4*s. MAS. 5/OO.c
.Electric Light
4a, J&D, *68,0'Oc
4s, A&0. 110.000 o

.June

1. 190 i
1. 1(»09

.Mwr.
.Mar. 1,1913

t

Deo 1,1927
Apr.

1931

1,

(Subject to call after Apr 1. 191U
4s J&J, *122/> Oo Jan 1. D'33
Subject to call after Jan. 1, 1913.)
4*,

M&S,*l45.000.o..Sept.

(Subject to ohII after Sept.
4s,

MAS

1933

1.

1«H3.)

1,

Sept 1 1933

+15,000.0

(wubje t to call after Sept.

1 '13.)

I

M&S.$'0<»»oo."ei>t 1, 1934
M&s, 18 000 c Mar. 1. 15-35
Subject to call Mar. 1. 1915.

4». '01

4s,'05

Water Works Bonds—

J&J, $100,000.0.. July 1, 1912
J&J.
50,000.0. .July 1,1918
M&N, lOO.OOO.o Nov. 1, 1908
30.000.c-. July 1,1912
5s, J&J,
M&N, 57,000.0. .Nov. 1, 1909
5s. M&S, ,100,000.0.. Sept. 1, 1P1S
lO.OOO.c June 1, 1918
M&N, 175,000.c..Nov. 1, 1910
4s, J&D,
July 1,1922
A&O, 150,000.0 Apr. 1, 1907
3*s. J&J, 48,000
(Optional after July 1, 1912.)
J&D, 125,000.o&r J'ne 1, 1928
4s, F&A, $265,000 <&r. Aug 1.1932 3*8. M&N.180.000.0 .Nov. 1,1919
(Subject to call Auyr. 1 1912.)
4s, M.vS.
50,000.0 Mar. 1, 1923
(Subject to o*ll Mar. 1, 1913
4s, MAS. $17.=. .000. .Mar. 1,1033
(Subject to c-'ll after Mar I, 19(3.) 4s, M&d, $45,000 0... Sept. 1, 1933
(Subject to call after Sept 1,1913)
48, M&S, $l,200,o00c..Sept. J, '33
913) 4s, A&O, $550,0000.. Apr. 1, 1934
(Subject to call after Sep.
'25
(Subject to call after Apr 1, 1914)
48, '05, M&S, $35,000 i-.Mar. 1
4s' 4 M S,',200.000 o Mar. 1, '45
(Suhje t to all Mar. 1, U15.)
*ls,000
1,*35
(Subjecttocall
M&S.
Mar.
after Mar. 1,1920.)
4s. '05.

4*s,M&S, 250,000.c&r

1.1911

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

.Sep.l,' 21

)

l

,

:

v.

Library Bonds—

Market Hoo«e Bonds—

3*s, J&J, $40,00' c. July 1,1932
(Subject to oiili after July 1. 1912)
4s, A&O, $40,0000.. Apr. 1.1923
(SubjpottociU Apr. 1,1913.)
(Subject to call after Apr.l, 1913.)
4s/©4,M&S,$<:5.< O.o.Sept.l. 1^34 48.'05.M A S,$l ,000 o Mar. 1, 1925
(Subject to call Mar. 1, 1915.)
(Subject to call after Sept. 1, 1914.)
Deficiency Bonds
Viaduct hoNos
* .OOO.c .- Jan. 1, 1911 4s, J&J, $4 2/OO.o..July 1,1008
6s. J&J
4*s,J&J,150 cO'».e.<fcr July 1. 19 '9 48, M&8, 2o,000c. Sept. 1, 1908
23,000
Sept. 1, 19< 8
(Subject to call after July 1, 1»04.) 4s, M^ 8.
3*8. J&J. *9.s.0('0.c July 1,1922 5s, M&N, 100,000.0. -Nov. 1, 1910
(Subject to call after July 1, 1912.) 5s,M<*N, 50/ OO.o. Nov. 1, 1910
4s, MAN,*4< 0.0"0.c<fer.Nov.l, 1«22 5s, A&O. 60,000 0.. Apr. 1,1913
Miscellaneous Bonds (Subject to call after Nov. 1, 1912.)
J* J. $30.' OO.c July 1, 1906 4s. M&N. $35/ OO.o Nov. 1,1908
5s,
4*e, M&S, 50,0< O.c.Mar. 1, 1914 4s, A&O. 15'i.OOO.c Apr. 1,1920
M&S, 12 00..C Mar. 1 1923 (Subject to call after Apr. 1, 1910.)
4 s,
(Subject to call after Mar. 1, liil3.) 4s, :&D $rt ,000.c Juue 1.1920

J&J, +9 000.0 July 1.1908
4S.F&A, 15. O.C.Aug. 1,1909
48.AAO, 25.O0O.C »pr. 1,1933
4s,

<

-

Levee Bond —
M&S, +54 OOO.c. .Sept.

(Subject to call after June 1, 1910.)

4s,

1933

1,

4s,

M&S. 50,00".c..Sept.l,1913

4*s>4,M&S,6,. 0'\c.Mar.

(Subject to (all afters.pt. 1.1 '13.)

1,

*s/f 4,F&A,75,000.c. Aug.l,

1915

4s/04,M&S,*35,0oO.c.Sept,l 1934

i

(Subject to call after Sept. 1, 1911.)
FirkDkpi. B"Ni>»-5s, M&N, *150 OOO.c .Nov 1, 1910
4s, J&D,
100,000.0.. unel 1916
3,000.0 Sept.1,1933
4s. M&S.
(Subject to call after Sept 1. 1913
^
$28.0. »0.o NO"'.l, 1»31
4s,'04 M.v
(Subjectto call after Nov. 1, 1914.)

(Subjecttocall after Aug 1. 1914.)
4s.'0t.M&-<,$"/,0"0 o eept. 1. 1934
(Subject to call after Sept. 1 1914.)
4s.'04 M&S, $22,000.0 Sept 1, 1914

I

is

24

,

6s/04.M&S, 21.600 rSept.l. '009
(aubiect o ca'l after Mar 1, 1905
4*s'04,Vl&S.*50.000e.Mar. 1,*15
Public 1m pr. Bonds—
4s.'05 M&S $1(0 oOO.Mar. 1. 1916
Work Housk BondsStreet Improvement Bonds,
Is, F&A, $60,0>0o... Aug. 1,1932
payable by assessment—
(Subjeci to call *.ug. 1, 1912.)
var., $1,110,400
4s, A&O, $35,0000.. Apr. 1, 1933 6s,
>

{Subject to call after Apr.
4s,

1913)

1,

M&S, #7,00i>c. ..Sept.

1,

5s,

193 i

(Subject to call after Sep. 1, 1913)

Park Bonds—
J&J, $100,0 O.o July 1,1908
8.500 c Mar. 1,19^3
M&S,
(Subject to call after Mar. 1. 1»13.)
4s,'04.A&O, $^/0 .r Oct. 1. 19/4
5s,
4s,

(Subject to call after Oct.

1,

)

i

7,700
284,600
423,900

,

4*8,....,
4s
All of the street improvement
bonds are subject to call from one.
to four years from date of issue.
They are mostly held in the city
sinking fund.

1914.)

payable in part at the National Park Bank,
City, and part at office of the City Treasurer.

INTEREST

is

New York

FUNDS, ETCTOTAL DEBT, SINKING
'05. Jan.
Oct.
1905. Jan
Total bonded debt
Sinking funds

1.
1,
1. '04. Jan. 1,'03.
$11,012,100 $10,658,700 $8,973,000 $6,949,100
*4,302,920 *4,842,977 2,443,886 2,375,257

M&S,

6s,
6s,

M&S,
M&S,

$900

city authorities in (he sinking fun-i assets
The total bonded debt as given for Oct. 1, 1905, included street
improvement bonds payable by special assessment to the amount of

$1,900,000. The sinking fund receives yearly about $275,000, which
does not include assessments for street improvement bonds.
ASSESSED VALUATION, ETC.-The city's net bonded debt on
Deo.31, assessed valuation (about * of actual) and tax rate have been.
Net Debt.
Asses'dVal.Taxp.^1,0^0
Teart.
$3o-00
$76,155,240
$3,815,723
1904
72,069.430
6,529,114
30 00
1903
27'50
4,573,343
68,047,300
1902
27-50
4,904,984
66,847,590
1900
27-00
61,086,700
6,082,947
1895
2300
4,351,090
43,663,270
1890
22-50
35,279,170
1,896,400
1885
it

was 88,150;

in 1880 it

was 51,647;

Columbus School District
When Due. 4s,
LOANS—
5s,
5s,
5s,
5s,

J&D, $85,OOO.c.Dec.

A&O, 110,000 C.Oct.
M&S, HO.OOO.c.Sept.
A&O, 40.0C0.0 Oct.
4*8, F&A, 25,000.c.Aug.
4s,
M&S, * 75,000.0 Mar.
4