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EXHIBIT NO. 6.-Loans to municipalities, as of June 30, 1915.1

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7,500.00

249,487.00 4,281.30 | 230, 445.85 4,281.30 243, 157.93 133, 166.67

11, 491.85

2,400.00

1,200.00

2,000.00

7,500.00

103, 608.25

236, 774.92

1 These loans are repayable to the indefinite no-fiscal-year appropriation "Relief of municipalities," as shown in Exhibit No. 32.

For details and explanation of these bond issues, see Exhibit No. 9.

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EXHIBIT NO. 7.-Loans to school boards, as of June 30, 1915.1

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Mayaguez.

Naranjito..

Patillas..

Peñuelas.
Ponce..

Rio Piedras.

Sabana Grande.

San Juan...
Toa Baja..
Yauco..

Total.....

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Total amount of both classes..

1 These loans are repayable to the indefinite no-fiscal-year appropriation "Relief of school boards," as shown in Exhibit No. 32.

• For details and explanation of these bond issues, see Exhibit No. 9.

EXHIBIT NO. 8.-Loans from school building fund, amounts due from school boards for construction of school buildings under acts of the legislature approved Mar. 14, 1907, and Mar. 9, 1908.

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1 This total is 6 cents greater than appeared in last annual report, due to the adjustment of the odd-cent difference between the treasurer's and the auditor's figures.

EXHIBIT No. 9 (PART I).-Municipal and school-board bonds pending execution and delivery to treasurer of Porto Rico, June 30, 1915, and their

redemption funds.1

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1 Although these bonds have not been executed under act No. 120, approved July 26, 1913, they were treated as actual bond issues in all respects and the ordinary loans brought from Exhibits Nos. 6 and 7 were treated as converted into bond issues from the date of the bonds.

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EXHIBIT NO. 9 (PART II).-Municipal and school-board bonds executed and delivered to treasurer of Porto Rico on June 30, 1915, and their redemption

funds.1

9489°--WAR 1915-VOL 3-15

Jan. 1, 1920-1927; and series of $3,000, redeemable yearly beginning Jan. 1, 1928.

These bonds were issued under act No. 120, approved July 26, 1913, and received by the insular government in payment of ordinary loans outstanding. In accordance with the terms of the same act the bonds are carried as cash by the treasurer of Porto Rico.

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EXHIBIT NO. 9 (PART II).-Municipal and school-board bonds executed and delivered to treasurer of Porto Rico on June 30, 1915, and their redemption funds-Continued.

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