Interest schedule of the Western Railroad sinking fund, 1855-1868.

  1. Resources
  2. View Resource

ArchivalResource

Interest schedule of the Western Railroad sinking fund, 1855-1868.

http://www.worldcat.org/oclc/79294480

Pursuant to St 1839, c 50, the state treasurer and the treasurer of the Western Railroad Corporation were given responsibility, as commissioners of a sinking fund, for the care and management of the finances and monies raised to pay for the construction of the railroad. As part of this duty, the commissioners invested assets and loaned money on interest. Schedule of interest was created as an account of payments due on interest from promisors on scrip, bonds, and other loans and on interest and dividends on stock.

1 v.

Commonwealth of Massachusetts State Archives

Information

SNAC Resource ID: 8226252

Commonwealth of Massachusetts State Archives

Related Entities

There are 3 Entities related to this resource.

Massachusetts. Treasury Dept.

http://n2t.net/ark:/99166/w6vv2j2g (corporateBody)

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

http://n2t.net/ark:/99166/w6bs2qp8 (corporateBody)

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 ...

Western Rail-Road Corporation

http://n2t.net/ark:/99166/w6dg0sx0 (corporateBody)