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57
TREASURER, BANKERS, &c.
In conformity with the Metropolis Management Acts, the Vestry have
appointed a I reasurer, 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 receipts and payments 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, Gr*c., for permanent
works.
No. 4.—WAGES ACCOUNT,
For the payment of weekly wages (drawn on by the Clerk and Accountant).
No 5.—PRIVATE WORKS ACCOUNT.
For receipts and payments relating to deposits for connection of house drains,
licences for hoardings, &c.
In addition to which, temporary Deposits and other Accounts are
opened, when the balances on the Current Accounts are considered excessive
or as occasion requires.
LOANS.
The total amount due on Mortgages, as per Register, at 25th March,
1895, was £94,290 7s. 3d., while at 25th March, 1896, it stands at
£102.72d 2s. (slighltly over 18¼ percentapre of therateabl Value)
The following statement will show the operations during the past
year:—
Amount
borrowed.
Amount
paid ofT.
Amount
outstanding
25th Mnr , 1896.
Remarks.
£
s.
d.
£
s.
d.
£
s.
d.
£
s.
d.
£
s.
d.
General Rate
148,282
0
0
67,605
6
4
80,676
13
8
No. Amount borrowed
during. 1895-96
19,875
0
0
No. Amount paid off
during 1895-96
11,451
11
10
No. Amount of Increase
during 1895-96
8,423
8
2
Increase
Total
89,100
1
10
8,423
8
2
???ver Rate
24,432
12
0
10,8l8
18
5
13,613
13
7
No. Amount borrowed
during 1895-96
1,400
0
0
No. Amount paid off
during 1895-96
1,389
13
5
No. Amount of Increase
during 1895-96
10
6
7
10
6
7
Total
I3,624
0
2
als 25th M irch, i8q6
193.989
12
o
91,265
10
0
102,724
2
0
net increase on the Loan accounts for 1895-96 amounts to
£8,433
14s.
9d.
Note,—On the 26th March, 1886, the Vestry took over Loans to the amount of .£44,014 12s. from
he late Fulham District Board of Works, so that the net increase for the ten years amounts to £58 709 10s.
out of which the Town Hall, stables, wharf, open spaces, river wall, Bishop's Park and other properties,
ogether with miles of wool paving and numerous improvements, have been provided.