Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1902-12-30
BONDED IN.
DEB7EDNESS
Amount New Mexico Owes
and When it Falls
Duo.
PROVISIONS FOR PAYMENT
List Of the Banks Having Terri
torial Moneys on Deposit
and the Amount in
Each.

The total debt OF the territory of New
Mexico, according to Territorial Treas
urer Vaughn's figures, is $1,122, 200. The
Indebtedness Is divided into fourteen
classes. OF the Capitol building bonds,
100000 were issued September 1, 1884,
and S1oO, 900 March S, 1885. The bonds
bear per cent interest and are to run
for 20 years. The annual tax from
September 1, 1899, Is sufficient to raise
20 per cent Of the issue for five years.
The bonds are payable at the National
| Bank OF Commerce, New York.
Current expense bonds were issued In
three series, $4,000 on May 2, 1887,
| $4,000 on November /, 1887 and $780,
900 on May /, 1888. The bonds bear
per cent interest and are for 20 years
and optional at or 10 years from date.
On their face they are payable at the
| First National Bank OF New York but
all coupons are paid by the National
Bank Of Commerc New York.
OF provisional Indebtedness bonds,
100000 were issued May l, 1889, and
100000 September 2, 1889. The bonds
bear 6 per cent interest and are for 80
years but optional at 20 years or after.
They are payable at the National Bank
OF Commerce, New York. An annual
tax after ten years from the date Of the
bonds is sufficient to create a fund to
pay of the bonds at maturity.
Insane asylum bonds amount to $685.
600 and we're issued October ], 1891.
They bear per cent interest and are
for thirty years but optional at 20 years
or after. Annual levy after twenty
years is sufficient to pay the bonds in
full at maturity.
Casual deficit bonds to the amount of
s101, 800 we're issued May /, 1898, which
bear per cent interest and are for 80
years but are optional after ten years.
The annual tax after ten years is suf-
flcient to pay them In full at maturity.
Refunding bonds were issued July l,
1898, to the amount Of S1O4, 600, which
bear per cent interest. The, are for
80 years but optional after 90 years and
the annual tax altar twenty years is
sufficient to pay the bords at maturity.
The psnitentiary refunding bonds
were issued in two series, 871 900 on
July 1, 1894 and $4,000 January l,
1895. They bear per cent interest and
are for 80 years but optional at 20 years
or after The tax provided for the re-
funding bonds also applies to the pay
ment Of these.
Territorial institution bonds were is
sued July 1, 1895, to the amount OF $685.
600. They bear per cent interest and
are for 80 years but optional at 10 years.
Annual tax after ten years is sufficient
to pay the bonds at maturity.
The New Mexico Military Institute
bonds were issued July l, 1895, for SIS
600. They bear per cent interest and
are payable at the Western National
Bank, New York They are for 80
years, but optional at 10 years or after.
The provision for the payment of the
territorial institution bonds covers these
bonds.
Insane asylum bonds amounting to
$3O,0 were issued July l, 1895, for 80
years or optional at 10 years or after.
They bear per cent interest and the
provision for their payment is the same
as for the territorial institutions bonds.
Capitol rebuilding bonds were issued
in two lots. On May /, 1895, $4,000
were issued and on November 1, 1895,
$4,000 The bonds are for thirty years
but optional at 10 years or after and
bear per cent interest. The provision
for payment is the same as for territor-
ial institutions bonds.
The second series of Capitol rebuild
ing bonds was issued May 1, 1899, in
the sum of 500, 900 for 80 years but op-
tional after 25 years. They bear per
cent interest and the annual tax after
ten years from their date will be suf
ficient to crea to fund to pay them In
full at maturity.
Series A of certificates OF indebted
ness, amounting to $21 900, was issued
March /, 1899. Series B amounting to
S2s, 400 was issued on the same date.
In both series the certificates bear per
cent interest and run for five years.
One fifth of the amount is paid each
year.
The total fees paid into the treas
ury by district court clerks, from
December /, 1900 to December 1909,
amounted to $751; or an average ~
centage of the salaries paid of So A..
per cent. A. M. Bergere, clerk OF the
First district, paid in $2,4O5 or 36 3-lO
per cent OF salary; Harry P Owen. clerk
OF the Second district, $2,4s5, and w. E.
Dame, clerk OF the Second district, 31,-
792, or total for the second district of
$4,27s or &C $40 per cent of salary;
James P. Mitchell, clerk Of the Third
district $4,O1s or 62 $40 per cent OF SAL
ary; Seeundino Romero, clerk OF the
Fourth district, 81, 543 or II per cent of
salary; and J. E. Griffith, clerk OF the
FIFTH district, 3,444 or SO Clio per cent
OF salary.
The banks having territorial moneys
on deposit and the amount each had
on November 30, are: Bank OF Com
merce, Albuquerque, $2S, ,0Ot; First Ma
tional Bank, Las Vegas, $50, 900; First
National Bank. Albuquerque, $40, ,OOU;
San Miguel National Bank, Las Vegas,
$50, 200; First National Bank, Raton,
SIS 1000; First National Banx, Roswell,
SIS 900; Citizens Bank, Roswell, 31s, 900;
First National Bank, Clayton, 60, 900,
Continued on Fourth RnGA)