Registered bonds for the coast defense, 1867-1883.

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Registered bonds for the coast defense, 1867-1883.

Pursuant to St 1863, c 118, the state treasurer was authorized to issue scrip or certificates of debt in the name of the Commonwealth to pay all liabilities incurred in the purchase or manufacture of ordnance or in the building and equipping of iron-clad or other steamers or other fortifications for the defense of the Massachusetts coast. Registered bonds, issued 1867-1882 to redeem these certificates per St 1867, c 255 and valued at $1,000, $5,000, and $10,000, were due in 1883 with interest paid at five percent per annum. Bonds valued between $10,000 and $197,000 are also included.

Partial doc. box.

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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...