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22
Financial.
£8,988 18s. has been paid off the Loan of £9,462 borrowed in 1868, of Mr.
Robert Lawrence, (afterwards transferred to the London Life Association), for paving
the Carriageway in Union Road and part of Deptford Lower Road, leaving £47.) 2s.
to be paid within a period of one year, with interest at the rate of £5 per cent. per
annum.
£7,500 has been paid off the Loan of £10,000 borrowed in the year 1872, of
the Eagle Insurance Company for paving the Carriageway in Deptford Lower Road,
from the Surrey Commercial Dock entrance to the "Red Lion" public house, leaving
£2,500 to be repaid by equal annual instalments, within a period of five years, with
interest at £5 per cent. per annum.
£4020 has been paid of the Loan of £6,700 borrowed in the year 1875, of the
Atlas Assurance Company, for paving the Carriageways of Plough Road and
Rotherhithe Street, from Lavender Bridge eastwards, leaving £2,680 to be repaid by
eight annual instalments, with interest at £4 5s. per cent. per annum.
£1.210 has been paid off the further Loan of £2,200 borrowed in the vear
1876 of the Atlas Assurance Company tor paving the Carriageway at Broadway,
Paradise Street, also the Carriageway, Church Street, from Paradise Street to Elephant
Lane, leaving £990 to be repaid by nine annual instalments of £110, with interest at
the rate of £4 5s. per cent. per annum.
£.336 has been paid off the Load of £2,100, borrowed in August, 1880, of the
Metropolitan Board of Works towards repaying the expenses of the purchase of the
ground for the improvement of Rotherhithe Street at the Gas Works and at Carolina
Wharf, leaving £1,764 to be repaid by 42 consecutive annual instalments of £42 each
with interest at the rate of £3 15s. per cent. per annum.