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77
TREASURER, BANKERS, &c
In conformity with the Metropolis Management Acts, the Vestry have
appointed a Treasurer, who is Mr M H Wilde, the Manager of the Walham
Green Branch of the London and Provincial Bank, Limited, where, for
facilitating the Vestry's financial business, five distinct banking accounts are
kept, which are worked as follows:—
No 1 —GENERAL ACCOUNT,
For the receipt and payment of Rates and general business of the
Vestry
No 2 —NEW STREETS ACCOUNT
For the receipts and payments in relation to new streets
No 3 —LOANS AND PERMANENT WORKS ACCOUNT
For the receipts and payments in connection with Loans, &c , for Permanent
Works
No 4 —WAGES ACCOUNT
For payment of weekly wages
No 5 -PRIVATE WORKS ACCOUNT
For receipts and payments relating to deposits for connection oj house
drains, licenses for hoardings, &c
In addition to which, temporary Deposit Accounts are opened, when the
balances on the Current Accounts are considered excessive, or as occasion
requires, £10,000 of "New Streets" money being on deposit at call at 25th
March, 1891
LOANS
The total amount due on Mortgages, as per Register, at 25th March,
1890, was £56,521 9s 4d , while at 25th March, 1891, it stands at
£80,718 18s Sd (under nineteen per centage of the rateable value)
The following statement will show the operations during the past year:—
A mount
borrowed
Amount
paid off
Amount,
outstanding
25 Mar , 1890
Remarks
£
s
d
£
s
d
£
s
d
£
s
d
£
s
d
General Rate
59,682
0
0
16,015
13
4
43,666
6
8
Do Amount borrowed
during 1890-91
Do Amount paid off
during 1890-91
29,300
0
0
5,635
13
4
Do Amount of Increase
during 1890-91
23,664
6
8
Increase
23,664
6
8
Total
67,330
13
4
Sewer Rate
17,432
12
0
4,577
9
4
12,855
2
8
Do Amount borrowed
during 1890-91
1,700
0
0
Do Amount paid off
during 1890-91
1,166
17
4
Do Amount Decrease
during 1890-91
533
2
8
533
2
8
Total
13,388
5
4
Totals 25th March, 1891
108,114
12
0
27,395
13
4
80,718
18
8
The net increase on the Loan accounts for 1890-91 amounts to
£24,197
9S
4d