Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1903-01-03
BOND INDEBTEDNESS.
Facts About Total Debt Of The Terri
tory Of New Mexico.
PROVISIONS FOR PAYMENT.

New Mexico. according TO Territorial
Treasurer Vaughn's figures. Is 81 Lea.
200. The Indebtedness Is divided into
fourteen classes.
or the capitol building bonds $4,000
were issued September /. 1854. and
100000 March 5, 1855. The bonds
bear per cent interest and are TO run
Tor 20 years. The annual tax from
September /. 1899, is sufficient 70 raise
20 per cent of the issue for five years.
lhe bonds are payable at the National
Bank Of Commerce. New York.
Current expense bonds were issued
In three series, $500 on May 2. 1887,
$50 900 on November !. 1887. and $50.
900 on May /, 1855 The bonds bear 9
per cent interest and are for 30 years
and optional at FIVE or ten years from
date. On their face value they are
payable at the First National bank Of
New York. but all coupons are pad by
the National Bank of Commerce. New
York.
OF provisional Indebtedness bonds,
100000 was issued May /, 1893. and
100000 September .. 1899. The bonds
bear per cent interest and are for 30
years but optional at 30 years or after.
They are payable at the National Bank
q Commerce, New York An annual
tax after ten years from the date of the
bond is sufficient to create a fund to
pay off the bonds at maturity.
Casual deficit bonds to the amount
Of Sl0l 500 were 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 sufficient TO pay them in full at ma.
turity.
Rcfunding bonds were issued July j.,
1898. to the amount of $t04 900. which
beGr q per cent interest. They are for
thirty years but optional after twenty
years and the annual tax after twenty
year is sufficient to pay the bonds az
maturity.
The penitentiary refunding bonds
were Issued in two series, S7i.000 on
July /. 1894. and $4,000 January /.
1895. They bear . per cent interest and
are for thirty years. but are optional
at twenty years or after The tax pro
vited for the refunding bonds also ap.
plies to the payment of these.
Territorial institution bonds were Is.
sued July ] 1895 to the amount of
| $4,000. They bear ) per cent interest
and are for thirty years. but are OPP
| tional at ten years. Annual tax after
ter years is sufficient TO pay the bonds
! Ut maturity.
! The New Mexico military institute
/ onds were issued July /, 1895, for
! $4,000. They bear per cent interest
| nd arc payable at the Western Ma.
/ tional Bank. New York. They are for
thirty years. but optional at ten or af
ter The provision for the payment OF
the territorial institution bonds covers
/ these bonds.
Insane asylum bonds amounting to
100000 were issued July /, 1895, foI
thirty years or optional at ten years
on after. They bear per cent interest
and the provision for their payment ID
the same as for territorial institutions
bonds
Capitol rebuilding bonds were issued
II two lots. On May /, 1895, $4,000
were issued and on November l. 1895
/ $50 900. The bonds are for thirty years
but optional at ten years or after and
bear 8 per cent interest The provision
for payment Is the same as for terri
torial institutions bonds.
The second series of capitol rebuild
ing bonds was issued May /. 1899, In
the sum Of $50 900 for thirty years, but
optional afler twenty-five years. They
bear per cent interest and the annual
tax after ten years from their date viii
be sufficient to create a fund to pay
them in full at maturity.
Series A of certificates of indebted
ness. amounting to $2l,000 was issued
March ] 1899 Series b amounting Il
SOS 400 was issued on the same date
In both series the certificates bear
per cent interest and run for five
years. One-fTth of the amount is pait
each year.
The total fees paid into the treas
ury by district court clerks, from De
cember /, 1900. TO December /. 1902
amounted to SIS. 709 or an average pei
cent of the salaries paid Of 5S 4.l0 pei
cent. a. NJ. Bergere, clerk of the FRS
district, paid in So ,405, or 80 $40 pei
cent Of salary; II. p. owen, clerk o
the Second district. s2.iS5, and w. Il
Dame, clerk of the Second district. 81.
1892, or total for the Second distrlc
Of s4,27S, or 60 $40 per cent OF salary
James p. Mitchell clerk OF the ThirC
district. $4,01S. or 62 $40 per cent o
salary; Secundino Romero, clerk o
the Fourth district. sl,543, or II pei
cent OF salary; and j. Il. Griffith, clerl
OF the Fifth district. $3,i4i, or So ell
per cent Of salary.
The banks having territorial moneys
on deposit and the amount each ha,
on November 80 are: Bank OF Com
merce, Albuquerque. $2S,0o0; First Ma
ton bank. Las Vegas, 100000; FRS
National bank. Albuquerque. $4,000
Gan Mf0uat National nank aa VaQaa