Sinking fund to redeem bonds due in 1922 (sewer loan). This fund amounts to $55,391.94, and is invested as follows: City of Providence note payable on demand.. Total..... $10,000 00 45,391 94 $55,391 94 Sinking fund to redeem bonds due in 1923 (sewer loan). This fund amounts to $28,582.16, and is invested as follows: City of Providence note payable on demand.... Total.. $25,000 00 3,582 16 $28,582 16 Sinking fund to redeem bonds due in 1922 (park loan). This fund amounts to $54,478.63, and is invested as follows: City of Providence notes payable on demand. Cash on hand..... Total.. $54,000 00 478 63 $54,478 63 The increase in the several sinking funds since the thirty-first day of December, 1892, has been as follows: The entire income of the several funds received during the year amounted to $554,198.87. There was paid during the year, on account of Brook street district notes, the sum of $3,948.75, the war loan bonds, maturing January 1, 1893, amounting to $300,000.00, and there was transferred to the fund for the water loan due in 1900, the surplus in the war loan fund, amounting to $193,802.28, making the net increase during the year $56,447.84. The Henry Bowen Anthony prize fund is held by the commissioners as an investment, the income of which is to be applied as directed in the will of the late Senator Anthony, as prizes for the public schools. This fund consists of one city of providence five per cent. note for $3,000.00, payable on demand, which, with the cash on hand, makes the entire amount of the fund, December 31, 1893, $3,000.18. The perpetual care fund of the North Burial Ground, which is held by the commissioners in trust, amounts to $86,373.50, and is invested as follows: City of Providence note due on demand Eight shares Blackstone Canal National Bank (par $25). Total... $57,000 00 200 00 500 00 1,000 00 27,673 50 $86,373 50 A personal examination of all the securities belonging to the sinking funds was made by the members of the board. FRANK F. OLNEY, Mayor, D. L. D. GRANGER, City Treasurer, WILLIAM D. NISBET, City Auditor, WILLIAM P. VAUGHAN, Chairman of the Committee on Finance, JOHN G. MASSIE, HENRY R. BARKER, WILLIAM S. HAYWARD, Board of Commissioners of Sinking Funds. PROVIDENCE, January 8, 1894. ANNUAL REPORT OF THE COMMISSIONERS OF THE DEXTER DONATION. [Presented December 16, 1893.] TO THE FREEMEN OF THE CITY OF PROVIDENCE IN TOWN MEETING ASSEMBLED: The commissioners of the Dexter Donation present the following report of the property under their control for the year ending December 16, 1893: Received for rents and assessments.. Total income..... $12,283 77 4,109 73 $16,393 50 The commissioners have held six meetings during the year for business connected with the donation. At their meeting on Thursday, the 14th inst., they made a personal examination of the securities belonging to the donation, and found them to be correct and in accordance with the report of the Treasurer. The freemen are referred to the report of the mayor and aldermen, and the account of the city treasurer, to be submitted this day, as to the details of the management of the asylum and farm, and as to the financial condition of the donation. Respectfully submitted by order of the commissioners, WILLIAM K. POTTER, Mayor and Chairman. PROVIDENCE, R. I., December 16, 1893. TO THE FREEMEN OF THE CITY OF PROVIDENCE IN TOWN MEETING ASSEMBLED: I am directed by the board of aldermen to report that the amount expended for the maintenance of the Dexter Asylum and farm for the year ending Nevember 30, 1893 was $34, 108.71, and was derived from the following sources: There has been admitted to the Asylum the past year 57, discharged and died 52. Total number of inmates November 30, 1893, 92. The average number of inmates for the past year has been 87. The farm under the management of the present efficient Superintendent has attained a high degree of cultivation, over twenty thousand dollars having been realized from the sale of the products of the farm of about thirty acres. A pleasing feature in the management of the Asylum is the kindly feelings of the inmates towards the Superintendent and Matron, Mr. and Mrs. Brown, and while the institution is ruled, as it must needs be by a firm hand, it is so tempered by kindness that the inmates are contented and speak only words of praise when questioned regards their condition. For a detailed statement reference is made to the report of the Superintendent herewith. Respectfully submitted for the Board of Aldermen, WILLIAM K. POTTER, Mayor. |