London's Pulse: Medical Officer of Health reports 1848-1972

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Bethnal Green 1871

[Report of the Medical Officer of Health for Bethnal Green]

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LIABILITIES.
Amount unpaid of Mortgages, granted by the late Paving Commission, and chargeable on the General Rate, £15,600.
Compensation Annuities of £30 each, payable for life to two Collectors of the late Paving Commission.
1,500—Balance of Mortgage of Sewers Rates for £5000, borrowed of the Provident Life Office in May, 1857, for defraying cost of construction
of New Sewers, and to be repaid by twenty equal annual instalments, with interest at 5 per cent.
2,000—Balance of Mortgage of Sewers Rates for £5000, borrowed of the Eagle Assurance Company in August, 1859, for defraying cost of
construction of New Sewers, and to be repaid by twenty equal annual instalments, with interest at 43/4 per cent.
4,200—Balance of Mortgage of Rates for £7000, borrowed of the London Life Association in December, 1863, for defraying cost of
construction of New Sewers, and to be repaid by twenty equal annual instalments, with interest at the rate of 5 per cent, per
annum, to be reduced to £4 10s. per cent. per annum on payment of the instalments of principal and interest within thirty
days after they respectively become due.
7,000—Balance of Mortgage of Rates for £10,000, borrowed of tbe Corporation of the Royal Exchange Assurance in December, 1865,
towards defraying cost of Paving Footways of "Old Streets," and to be repaid by twenty equal annual instalments, with
interest at 5 per cent. per &nnum.
8,000—Balance of Mortgage of Rates for £10,000, borrowed of the Corporation of the Royal Exchange Assurance in July, 1867, towards
defraying cost of Paving Footways of "Old Streets," and to be repaid by twenty equal annual instalments, with interest at 5
per cent. per annum.
12,800—Balance of Mortgage of Rates for £16,000, borrowed of the London Life Association in December, 1867, for defraying the cost of
Paving the Carriageways of Hackney Road and Whitechapel Road, and to be repaid by twenty equal annual instalments,
with interest at 5 per cent. per annum, to be reduced to £4 10s. per cent. per annum on payment of the instalments of principal
and interest within thirty days after they respectively become due.
5,300—Mortgage of Rates for £7000, borrowed of the London Life Association in April, 1869, for defraying the cost of Paving the
Carriageway of Green Street, and the unpaved portion of the Carriageway of Bethnal Green Road, and to be repaid by twenty
equal annual instalments, with interest at 5 per cent. per annum, to be reduced to £4 10s. per cent. per annum on payment of
the instalments of principal and interest within thirty days after they respectively become due.
9,000—Mortgage of Rates for £10,000 borrowed of the London Life Association in March, 1870, for defraying the cost of Paving the
Footways of "Old Streets," and to be repaid by twenty equal annual instalments, with interest at 5 per cent. per annum, to
be reduced to £4 10s. per cent. per annum on payment of the instalments of principal and interest within thirty days after
they respectively become due.

METROPOLITAN CONSOLIDATED RATE.

RECEIPTS.£s.d.PAYMENTS.£s.d.
Balance in hand on the 25th March, 187116141811Metropolitan Board of Works for Principal and Interest of Securities granted before the passing of the Loans Act, 1869, Fire Brigade and General Expenses, pursuant to Precept3575153
Amount paid into the Bank, subsequently to Lady-day, 1871, of Arrears of Rate made Michaelmas, 187042108
Amount of Rate at 1d. in the £, made at Lady-day, 1871, and Arrears of former Rate, collected and paid into the Bank at Midsummer, 1871933154
Collectors' Poundage3831
Amount of Rate at1d. in the £, made at Midsummer, 1871, and Arrears of former Rate collected and paid into the Bank9962
Balance at Lady-day, being an excess of Expenditure over Receipts26110
03613184£3613184

SUMMA RY.

£s.d.£s.d.
Balance due from Metropolitan Consolidated Rate26110Balance of General Rate Account1954117
Cash at Central Bank or London, Shoreditch,£2158110Ditto of Sewer Rate Account165
Lets Uncleared Cheques:
Peter Ernst's Executors£13130
Commercial Gas Company6726
G. Ludbrook & Co.456
East London Water Works Company1610
R. S. Bond2110
David Brooks33146
J. Roberts208124140
2033170
£206080£206080