Registered bonds for the Fitchburg Railroad, 1893-1913.

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Registered bonds for the Fitchburg Railroad, 1893-1913.

http://www.worldcat.org/oclc/82625888

Pursuant to St 1893, c 408, the state treasurer was authorized to issue scrip or certificates of debt as registered bonds or with interest coupons attached, designated as the Fitchburg Railroad securities loan, to raise finds to aid in the construction of the Fitchburg Railroad. The proceeds were to be used to purchase bonds of the Fitchburg Railroad Company, owned by the Commonwealth, and set apart in a sinking fund to redeem previously issued scrip. Registered bonds, issued from 1893 to 1899 and valued from $1,000 to $70,000, were due in 1913 with interest paid at three and one-half percent per annum.

Partial doc. box.

Commonwealth of Massachusetts State Archives

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SNAC Resource ID: 8286107

Commonwealth of Massachusetts State Archives

Related Entities

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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...

Fitchburg Railroad

http://n2t.net/ark:/99166/w69w58rn (corporateBody)