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

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Bethnal Green 1880

[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, £10,100.
Compensation Annuity of £30, payable for life to a Collector of the late Paving Commission.
£1050—Balance of Mortgage of Rates for £7000, borrowed of the London Life Association in December, 1863, for defraying costs 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.
£2500—Balance of Mortgage of Rates for £10,000, borrowed of the 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 annum.
£3500—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.
£5600—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.
£3150—Balance of Mortgage of Bates 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.
£4500—Balance of Mortgage of Rates for £10,000, borrowed of the London Life Association in March, 1870, for defraying the cost of Paving
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.
£17,000—Balance of Mortgage for £20,000, borrowed from the Metropolitan Board of Works in March, 1878, for defraying the cost of Paving the
Carriageways of various Streets, and to be repaid by twenty equal annual instalments, with interest at £3 15s. per cent. per annum.
£14,250—Balance of Mortgage for £15,000, borrowed of the Metropolitan Board of Works in March, 1880, £13,000, for defraying cost of
Carriageway Paving and cost of Footway Paving between the Parks, and £2,000 for constructing Mortuary, at £3 15s. per cent.
57,550

METROPOLITAN CONSOLIDATED RATE.

RECEIPTS.PAYMENTS.
£s.d.£s.d.
Amount of Rate at 4d. in the £, made at Lady-day, 1880, and Arrears of former Rate collected and paid into the Bank at Midsummer, 18804758195Balance at Lady-day, 1880, being an excess of expendi- ture over receipts272149
Collectors' Paundage188154
Amount of Rate at 4d. in the £, made at Michaelmas, 1880, and Arrears of former Rate collected and paid into the Bank at Lady-day, 1881464740Metropolitan Board of Works, pursuant to their Precept8533112
Balance41122
£940635£940635