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Domestic News
March 3, 1911
Perrysburg Journal
Perrysburg, Wood County, Ohio
What is this article about?
Columbus, Ohio, city's outstanding indebtedness stood at $13,806,800 after redeeming $2,021,900 in bonds and issuing $1,355,000 new bonds in 1910, according to the sinking fund secretary's report.
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Columbus Owes $13,000,000.
After redeeming $2,021,900 worth of bonds and reducing the city's debt by $666,100 in the year just closed, the report of Martin A. Gemuender, secretary of the sinking fund, shows that the outstanding indebtedness of the city is still $13,806,800.
The new general city bonds issued for the year 1910 aggregated $798,000, and the special assessment bonds $557,000, making a total of $1,355,000.
The bonds redeemed were: General city bonds $1,046,000, assessment $975,000; total $2,021,900. Receipts of the trustees were $4,570,831.54; disbursements $4,258,058.80. Balance on hand $312,772.74.
After redeeming $2,021,900 worth of bonds and reducing the city's debt by $666,100 in the year just closed, the report of Martin A. Gemuender, secretary of the sinking fund, shows that the outstanding indebtedness of the city is still $13,806,800.
The new general city bonds issued for the year 1910 aggregated $798,000, and the special assessment bonds $557,000, making a total of $1,355,000.
The bonds redeemed were: General city bonds $1,046,000, assessment $975,000; total $2,021,900. Receipts of the trustees were $4,570,831.54; disbursements $4,258,058.80. Balance on hand $312,772.74.
What sub-type of article is it?
Economic
What keywords are associated?
Columbus Debt
City Bonds
Sinking Fund
Financial Report
What entities or persons were involved?
Martin A. Gemuender
Where did it happen?
Columbus
Domestic News Details
Primary Location
Columbus
Event Date
1910
Key Persons
Martin A. Gemuender
Outcome
debt reduced by $666,100; outstanding indebtedness $13,806,800; balance on hand $312,772.74
Event Details
After redeeming $2,021,900 in bonds (general city $1,046,000, assessment $975,000) and issuing $1,355,000 new bonds (general city $798,000, special assessment $557,000), with receipts $4,570,831.54 and disbursements $4,258,058.80.