Interest schedules, 1855-1882.

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Interest schedules, 1855-1882.

The state treasurer was authorized by the legislature to issue scrip or certificates of debt in the name of the Commonwealth to cover the financing of construction of various railroads and state institutions; improvement of lands owned by the Commonwealth; public defense; public debt; and for other temporary loans. Monies so raised were in turn invested as loans to municipalities, corporations, or individuals. Schedule of interest was created as an account of payments due on interest from promisors on such loans.

0.34 cubic ft. (2 v.)

Related Entities

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Massachusetts. Treasury Dept.

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St 1890, c 428 enabled municipal officials or directors of railroad companies in Massachusetts to petition the Superior Court to abolish or alter railroad grade crossings; a court-appointed commission then made a decision to be confirmed by the court. The expenses for the work were shared between the railroad, to pay 65%, and the state and municipality, which divided the remainder according to the ruling, with the state to pay no more than 10%. The state treasurer was authorized to issue bonds a...

Massachusetts. Treasury Office

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Throughout the provincial period, Massachusetts towns were periodically assessed by the Treasury with taxes for the defraying of public charges and support of the government. This practice increased in importance and frequency during the Revolutionary War, as individual colonies became largely responsible for financial support of the war effort. Resolves 1777-78, c 398 (Oct. 9, 1777), dictated that all Massachusetts financial support of the war was thenceforth to be based on taxation only, with ...