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61
funds of the Vestry to meet payments in anticipation for
Loan of £18,000 (No. 11, see pages 131 and 140).
Against the balance of £10,426 8s. 7½d., there were on
the 25th March, 1897, debts and liabilities properly
chargeable to income amounting to £15,069 0s. 5d. The
assets (exclusive of the cash balance) were estimated to
realise £3,004 17s. 4d., leaving a sum of £1,637 14s. 5½d.
to be carried to the debit of the present year.
LOANS.
The negotiations for the loan of £8,850 which the Vestry
mentioned, in their last report, were proceeding with the
London County Council to meet the cost of paving works
in Piccadilly, &c., resulted in the Council offering to
advance £8,350. The £500 deducted from the Vestry's
original application was in respect of King's Arms Yard
and Duck Lane, neither of which localities have a through
thoroughfare, the Council deciding that they were not
entitled to advance moneys for the re-paving of such
description of street. The expenditure under this Loan
(No. 8, see page 141) has been completed during the past
year and an amount of £33 6s. 11d. unexpended (see page
132) been transferred to the credit of the General Rate.
Another Loan for £1,700 to defray the cost of building
Underground Conveniences in Great Marlborough Street
has been taken up by the Vestry during the past year.
At Lady-day last the expenditure under this Loan
(No. 9, see pages 141 and 144) had not been completed, and
there was a balance in hand of £140 19s. 5d., the liabilities,
at the same date, being estimated at £62 12s. 6d.