Sentence Examples with the word Sinking Fund

A ton, and where steam is raised by coal, as in a beetroot factory, it might pay to adopt a quintuple-effect apparatus, but on a cane-sugar estate, where the steam necessary for the evaporator is raised by burning the megass as fuel, and is first used in the engines workifig the mills, the exhaust alone passing to the evaporator, there would be very little, if any, advantage in employing a quadruple effect instead of a triple effect, and practically none at all in having a quintuple-effect apparatus, for the interest and sinking fund on the extra cost would more than counterbalance the saving in fuel.

The sinking fund commission is composed of the governor, attorney-general, secretary of state, auditor and treasurer.

Sufficient for the payment of interest and the sinking fund was in full operation, the government found that their share of the revenue was altogether inadequate for the expenses of administration, and they were compelled to borrow on short loans at high rate of interest.

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The sinking fund consists of damages recovered against defaulting revenue collectors, railway stock and appropriations from time to time by the legislature.

A sinking fund commission was established in 1875, and the entire sum was extinguished by the 1st of August 1894.

The mayor holds office for three years, has the powers and jurisdiction of a justice of the peace, appoints the heads of departments (public safety, public works, collector of delinquent taxes, assessors, city treasurer, law, charities and correction, and sinking fund commission), and may remove any of the officers he has appointed, by a written order, showing cause, to the select council.

A special tax is levied for the benefit of the sinking fund - one-tenth of a mill in 1909.

For purposes of sinking fund the old loans were combined into four groups: group i.

Among the various state administrative boards are the board of equalization of five members, the board of health of nine members, a board of control of state institutions with four members (bipartisan), and the railroad commission, the prison commission, the state election commission and the sinking fund commission of three members each.