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Nevada board explains Massachusetts bond exchange for school funds
The State Board of Education explains the 1903 exchange from 1907 United States bonds to Massachusetts 3 percent bonds as a safer, higher yielding investment for the public school fund. It cites legal compliance, the governor’s guidance, and the plan to use the sinking fund to ensure payments, with stated gains in annual interest and long term value.
MENTIONED IN THIS ARTICLE
State Board of Education
United States
Sadler
Treasury
Nevada
Senate
House
Caverner Sadl
Meoff
Mosers Kelly & Kelly
Topeka
Treasn
Chemical National Bank National Bank of Chicago
Chicago
Washington
Boston
Massachusetts
Bank of Chicago
Treat
Massache Reston
Massachusetts Bands
Sparks
Board of Enerion
Cuttine
State Board of Gaventhae
Board of Education
Vreasuyir
West
Commonwealth of Massachusetts
Secretary of the Commonwealth
Tax Commissioner
Transacion
Massachusets
Palionos
Gor
Benedic
Fio
United Systal Acts
United State
TS Fonds
Tver
U. S
State OF Nevada
National City Bank OF New York
Joe Finer
WWE
Nevipl
the National Bank OF Chicago
Tion
John Sparks
Carson City