Treasury Department: Registers of receipt of interest on currency loan
Part of: Massachusetts Treasury Department
Registers of receipt of interest on currency loan, 1865-1872.
2 volumes
Call no.: TR1/2688X
Call no.: TR1/2688X
Scope and Content: The state treasurer was authorized by the legislature at various times to issue scrip or certificates of debt for temporary loans to meet certain expenditures until revenue was available. Per St 1865, c 122 (Massachusetts War Fund) and St 1865 c 284, the so-called currency loan had interest payable in gold at 5%, but was replaced by a 6% interest payment. Registers provide an accounting of six-month interest payments, divided by amount of certificate–500 dollars and 1000 dollars.
Notes: Formed from v. 2-3 of defunct series: Registers of receipt of interest on temporary loans, 1856-1883 ((M-Ar)1471X).
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