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ANNUAL REPORTS CITY OF ATTLEBORO 1927
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ATTLEBORO PUBLIC LIBRARY a31654001303087b
1
ANNUAL REPORTS
OF THE
OFFICERS AND DEPARTMENTS
OF THE
CITY OF ATTLEBORO
FATT
EBOR
TOWN OF
CIT
INCORP. 1694 ASS.
17
ITLEBOR
RPOR
FOR THE YEAR 1927
SUN PUBLISHING CO. Attleboro, Mass.
AT 974.48
Digitized by the Internet Archive in 2015
https://archive.org/details/reportsoftownoff1927attl
3
ANNUAL REPORT
Government and Officers
OF THE
City of Attleboro FOR 1927
Mayor
Fred E. Briggs . Term expires January, 1929
Office open from 8:30 to 12:00 A. M., 1:30 to 5:00 P. M. daily and 8:30 to 12:00 A. M. Saturday.
Councilmen-at-Large
William A. Brennan
William N. Thurber
Charles J. Merritt
John A. Thayer
Howard G. Smith, President
James L. Wiggmore
Ward Councillors
Ward 1 Arthur F. Gehrung
Ward 2. Samuel M. Holman, Jr.
Ward 3. Frank Nerney
Ward 4. Isaac Alger Ward 5. Alfred Laliberte
City Physician
James H. Brewster, M. D. Term expires February, 1928 (No annual report)
Board of Registrars
Arthur F. Connelly . Term expires February, 1928
Francis J. Donnelly . Term expires February, 1929
John B. Pinault. . . Term expires February, 1930
Mrs. Eva L. Kent, Clerk
(No annual report)
City Solicitor
Judge Ralph C. Estes
Term expires February, 1928
4
ANNUAL REPORT
Recreation Commissioners
Martin T. Brennan, Chairman. . Term expires February, 1929 Thomas H. Moore. . Term expires February, 1928
Oscar Wolfenden . Term expires February, 1930 (No annual report)
Forest Warden
Fred A. Clark. Term expires February, 1928 (No annual report)
Inspector of Animals
Frederick L. Briggs. Term expires April, 1928 (No annual report)
Fence Viewers and Field Drivers
Harry L. Carpenter . Term expires February, 1928
Henry A. Lord. Term expires February, 1928
Henry D. Butterworth . Term expires February, 1928 (No annual report)
Caretaker of Graves Civil, Spanish and World War Veterans
Edward D. Parmenter Term expires February, 1928 (No annual report)
City Stenographer
Catherine H. Woodward. . Term expires February, 1928 Elected by the Council (No annual report)
City Messenger
Fred L. Morse . Term expires February, 1928 Elected by the Council (No annual report)
Trustees of the Capron and Deborah Starkey Funds All Ex-Officiis
Fred E. Briggs, Mayor Alberta F. Remington, City Treasurer Edwin F. Thayer, Chairman of School Committee
(No annual report)
5
ANNUAL REPORT
Sinking Fund Commissioners Elected by the Council
Ernest D. Gilmore. . Term expires February, 1929 David L. Low, Clerk. . Term expires February, 1928
Fred L. Torrey . Term expires February, 1930 (No annual report)
Sewer Loan Commission
Fred E. Briggs, Mayor, ex-officio
Alberta F. Remington, City Treasurer, ex-officio Elected by the Council
Ernest D. Gilmore . Term expires February, 1929 David L. Low .. . Term expires February, 1928 Fred L. Torrey. Term expires February, 1930 (No annual report)
Auditing Department
Ephraim S. J. Randall Term expires February, 1930 Elected by the Council
Collecting Department
Frank F. Blackinton. Term expires January, 1929
Assessing Department
Stanley T. Rogers, Chairman . Term expires January, 1930
Harry Carpenter. . Term expires January, 1928
Harry P. Kent. Term expires January, 1929
Treasury Department
Alberta F. Remington. Term expires January, 1929
City Clerk Department
Annie A. Wheeler . Term expires January, 1929
Alberta F. Remington, Asst .. . Term expires January, 1929
Planning Board
Lewis S. Chilson, Chairman Milford E. Bliss
Terms expire February, 1928
Mrs. Mary G. Mullaly Terms expire February, 1930
Mrs. Josephine L. Hammond
Terms expire February, 1929
Edgar A. Remington
Robert W. Mawney
6
ANNUAL REPORT
Police Department
Terence E. Flanagan, Chief and Lockup Keeper .. Term expires Feb., 1928
Fire Department-Fire Engineers
Fred A. Clark, Chief
William Sweeney. . . Term expires February, 1930
Leonard Gould, Assistant .. Term expires February, 1928 Joseph H. Newcomb, Supt. of Fire Alarm
Inspector of Buildings
Fred A. Clark,
Term expires February, 1928
Inspection of Wires Department
Joseph H. Newcomb, Inspector .
Sealer of Weights and Measures
Daniel O'Connell
Term expires February, 1928
City Forester
William E. S. Smith Term expires February, 1928
Dog Officer
Winfield E. Dunham
..
Annual Warrant
Health Officer Department
William O. Hewitt, M. D.
. Term expires February, 1928
Street, Water and Sewer Department-Public Works
John O. Taber, Jr., Superintendent. Term expires February, 1930 Robert W. Mawney, City Engineer
Board of Public Welfare
Frank C. Rounseville, Chairman . Term expires February, 1929 Stephen H. Foley. Term expires February, 1928 James F. Murphy . Term expires February, 1930 Joseph Hardy, Almoner
Soldiers' Benefits
William J. Watson, Soldiers' Relief and Burial Agent
Term expires February, 1928
7
ANNUAL REPORT
School Committee
Reginald P. Dakin
Mrs. Lida H. Holbrook
Leonard I. Lamb Terms expire February, 1930 Edwin F. Thayer, Chairman Mrs. Margaret Conro Joseph Finberg
Terms expire February, 1928
Harold K. Richardson
George E. Nerney
Mrs. Florence B. Theobald Terms expire February, 1929
Trustees of the Public Library
Miss Edith L. Claflin
Raymond M. Horton
Miss Elizabeth J. Wilmarth Terms expire February, 1930
Joseph L. Sweet, Chairman
Caroline S. Holden Frederick V. Murphy, M. D. Terms expire February, 1928
Mrs. Eleanor S. Carpenter William L. King
Edwin F. Leach Terms expire February, 1929
Park Commissioners Department
Samuel M. Stone, Chairman . Term expires February, 1929
Harry C. Wolfenden. . Term expires February, 1930
Dr. Charles A. Mooers Term expires February, 1928
STANDING COMMITTEES OF THE COUNCIL Committee on Finance and Accounts
S. M. Holman, Jr. Charles J. Merritt
James L. Wiggmore
Committee on Streets, Bridges and Lighting
Charles J. Merritt
John A. Thayer William N. Thurber
Committee on Water Supply
James L. Wiggmore S. M. Holman, Jr.
Alfred J. Laliberte
Committees on Sewers and Drains
John A. Thayer
William A. Brennan
Frank J. Nerney
8
ANNUAL REPORT
Committee on Fire Department and Police
William N. Thurber
William A. Brennan Charles J. Merritt
Committee on Licenses
William A. Brennan
Isaac Alger
Frank J. Nerney
Committee on Ordinances, Elections and Legislative Matters
Frank J. Nerney
S. M. Holman, Jr.
James L. Wiggmore
Committee on Health and Poor Departments, State Aid and Soldiers' Relief
Arthur F. Gehrung
Isaac Alger
William N. Thurber
Committee on Claims
Alfred J. Laliberte
John A. Thayer
Isaac Alger
Committee on Street Railways
Isaac Alger
Alfred J. Laliberte
Arthur F. Gehrung
Committee on School Matters
S. M. Holman, Jr.
Arthur F. Gehrung
Frank J. Nerney
ANNUAL REPORT
ADDRESS OF HON. FRED E. BRIGGS
January 3, 1928
Gentlemen of the Council:
You are now assembled to take up the work of the new municipal year, 1928. As we look back over the old year just closed, it is appro- priate and correct to say that the year 1927 was a period of real achieve- ment for the city of Attleboro. Our industries have prospered and ex- panded; new firms have been welcomed here; new plants have been started; and building permits show that new residences and business buildings are well sustaining this period of growth.
The city itself has made progress. Perhaps the most significant achievement consisted in starting a definite downward trend in the tax rate, an accomplishment which would have been impossible without the co-operation of the Council and of the city departments. We have spent less and have kept within our budget, a feat that reflects credit upon every department of the city.
We should now resolve to permit no falling off in our endeavor to continue the savings thus far made and to enlarge them. Still further reduction in the tax rate is possible this year if the departments con- tinue to use care in reducing estimates, and if you, gentlemen, continue to closely scrutinize each proposed appropriation and every request in- volving additional expenditures.
The beginning made last year was well worth-while, but it was only a beginning. The tax rate must be permanently lowered in the interests of the home owners and the business firms.
By doing our part toward this end we will be accomplishing the greatest good for the greatest number. Such a program will especially en- courage our business men who, having reached the end of an average year's business, have reason to look forward to 1928 for even better re- sults, and in their prosperity we will all have a share because no city can thrive unless its industries are prospering.
10
ANNUAL REPORT
Treasurer's Report
To His Honor the Mayor and the Municipal Council:
I herewith submit the annual report of the finances of the City of Attleboro for the year ending December 31, 1927, together with a state- ment showing the amount which the city is within the debt limit, a classi- fied statement of the debt, and the amount of interest and debt to be paid in 1928.
Revenue
Cash on hand, January 1st, 1927 $105,246.44
Receipts for the year 1927 1,696,265.32
$1,801,511.76
Payments for the year 1927. $1.683,831.21
Cash on hand January 1st, 1928 117,680.55
$1,801,511.76
Non-Revenue
Cash on hand, January 1st, 1927
$8,560.73
Receipts for the year 1927.
12,000.00
$20,560.73
Payments for the year 1927.
$12,421.30
Cash on hand, January 1st, 1927.
8,139.43
$20,560.73
CLASSIFIED STATEMENT OF RECEIPTS FOR YEAR 1927
General Revenue
Taxes
Current Year
Property
$685,610.07
Poll
12,234.00
Previous Years
Property
130,667.13
Poll
8.00
From the State
Corporation
71,657.84
Street Railway
1,288.81
Bank and Trust Co ..
3,477.32
Income Tax
101,621.11
Total from Taxes
$1,006,564.28
Licenses and Permits
Sundry Licenses
1,592.00
Permits
Marriage
$202.00
All other
225.00
427.00
Total from licenses and permits.
2,019.00
11
ANNUAL REPORT
Fines and Forfeits
Court
3,890.29
Department Penalties
250.00
Total from Fines and Forfeits. 4,140.29
Grants and Gifts
From State
Aid to Industrial Schools
4,272.27
English Speaking Classes
423.07
Smith-Hughes Trust Fund.
766.56
Pedlars' licenses
200.00
From County (Dog Licenses)
2,937.73
Gifts from Individuals
For Capron Park
1,750.00
For Hayward Field.
500.00
Total from Grants and Gifts 10,849.63
Commercial Revenue
Special Assessments
Moth Extermination
165.75
Sewers
2,136.15
Sidewalks and Curbing
4,281.68
A. B. C. St. Ry.
68.94
Total from Special Assessments 6,652.52
Privileges
Use of streets for underground wires
25.00
Departmental
General Government
Collector
3,386.92
City Clerk
849.45
Total for General Government. 4,236.37
Protection of Life and Property
Fire Department
Sale of Materials
50.00
Permits
3.00
53.00
Inspection
Sealing of Weights and Measures. 201.47
Total from Protection of Life and Property 254.47
Health and Sanitation Health
Tuberculosis
3,182.55
Miscellaneous ..
341.60
Total from Health and Sanitation 3,524.15
12
ANNUAL REPORT
Highways and Bridges General 84.50
Charities
City Farm
Sale of produce and live stock
87.00
Reimbursement for Relief Given
From other cities and towns
1,900.79
From the state
2,316.14
Reimbursement for Mothers' Aid
From other cities and towns
2,453.47
From the state
3,043.09
Total from Charities
9,800.49
Soldiers' Benefits
State Aid
864.00
Education
Tuition of State Wards
33.43
Other Tuitions
2,542.30
Sale of Text Books and Supplies
456.64
Miscellaneous
114.79
Total from Education
3,147.16
Libraries
Fines and Rentals
1,092.24
Miscellaneous
2.75
Total from Libraries
1,094.99
Recreation
Parks and Gardens
130.00
Playgrounds
50.00
Total from Recreation
180.00
Unclassified
Rents of Public Property
2,328.92
Sale of Land (Bell Tower Land and portion
of City Hall Site) .
2,900.00
Total from Unclassified 5,228.92
Public Service Enterprises
Water
Income from Sale of Water
90,068.37
Pipe and Labor
6,346.91
Sale of buildings on property purchased for the extension of Water System. 175.00
$96,590.28
13
ANNUAL REPORT
A. B. C. Street Ry. Co.
Interstate St. Ry
805.60
Sale of School Tickets.
1,156.50
Repairs
15.32
1,977.42
Total of Public Service Enterprises 98,567.70
Interest
On Deposits
City Treasurer
2,485.10
City Clerk
17.03
City Collector
581.78
3,083.91
On Deferred Taxes
5,143.38
On Deferred Water Rates
52.96
On Deferred Special Assessments
129.17
Total from Interest 8,409.42
Municipal Indebtedness
Loans in Anticipation of Revenue.
500,000.00
Premiums
2.00
Total of Municipal Indebtedness 500,002.00
Sinking Funds
From Commissioners to meet Loans for Public Service Enterprises
23,100.00
Agency, Trust and Investment Transactions
Deborah Starkey Fund
19.30
Capron Fund
1,000.00
Total from Agency, Trust and Inv. Transactions 1,019.30
Refunds
General Departments.
4,864.26
Public Service Enterprises
1,530.87
Total Refunds 6,395.13
Transfers
Revenue to Non-Revenue
12,000.00
Non-Revenue to Revenue.
106.00
Total Transfers 12,106.00
$1,708,265.32
14
ANNUAL REPORT
Debt Statement
Gross City Debt, Jan. 1st, 1927 .... $1,258,500.00
Tax notes issued during the year. . 500,000.00
1,758,500.00
Paid on above debt during the year
638,750.00
Gross debt, January 1, 1928.
$1,119,750.00
Less Sinking Fund Assets: Water Loan
$143,433.20
Sewer Assessment Investment Fund.
110,492.51
$253,925.71
Net City Debt, January 1st, 1928.
$865,824.29
Amount of Debt Authorized by Special Laws and Not Subject to the Debt Limitations
Water Loan Bonds.
$374,000.00 220,000.00
Sewerage Loan Bonds.
Street Railway Loan Bonds (A.B.C.)
2,250.00
Street Railway Loan Bonds (N.T. &A.)
14,000.00
City of Attleboro notes for N. T. & A. Street Railway.
2,000.00
Tuberculosis Hospital Bonds. .
15,000.00
School Loan, Act of 1921, Bonds, (Lincoln School)
157,000.00
Loans in anticipation of taxes. . . 100,000.00
$884,250.00
Less Water Sinking Fund and Sewer Assess- ment Fund
253,925.71
Net Debt not subject to debt limitations $630,324.29
Net Debt, Jan. 1st, 1928, subject to debt limitations
$235,500.00
Borrowing Capacity, (21/2% of the average valua-
tion for the past three years). $588,637.77
Net Debt, Jan. 1st, 1928, subject to debt limit-
235,500.00
Borrowing capacity, January 1st, 1928.
$353,137.77
Classified Statement of Debt and amount to be paid on debt and interest during the year 1927
Water Loan Bonds ...
Jan. 1, 1928 $374,000.00
Prin. Payable *$23,000.00 117,000.00
Int. Payable $13,545.00
Sewerage Loan Bonds.
220,000.00
8,520.00
Sewer Loan Bonds, 1924.
19,000.00
5,000.00
760.00
Tuberculosis Hospital Bonds.
15,000.00
5,000.00
625.00
Street Railway Loan Bonds (A.B.C. St.Ry)
2,250.00
2,250.00
101.25
Street Railway Loan Bonds (N.T.&
A.St.Ry.)
14,000.00
2,000.00
630.00
ations
15
ANNUAL REPORT
High School Building Loan Bonds .. School Bonds, (Additions to Wash- ington and Bliss School Houses .. Richardson School Loan of 1924 Bonds
42,500.00
8,500.00
1,700.00
26,000.00
13,000.00
1,170.00
70,000.00
10,000.00
2,800.00
School Loan, Act of 1921 Bonds
(Lincoln School)
157,000.00
9,000.00
6,510.00
Bank and Water St. Bridge Bonds
20,000.00
2,000.00
850.00
Street Widening Loan of 1925 Bonds Surface Drainage Bonds
36,000.00
12,000.00
1,200.00
10,000.00
1,000.00
400.00
City of Attleboro Notes for N. T. & A. Street Railway ..
2,000.00
1,000.00
100.00
Department Equipment Notes, (Fire Department)
12,000.00
6,000.00
360.00
Notes in anticipation of taxes.
100,000.00
100,000.00
Discounted
$1,119,750.00
$216,750.00
$39,271.25
*$13,000.00 to be paid from Water Sinking Fund
T$ 8,500.00 to be paid from Sewer Assessment Investment Fund
#$ 4,260.00 to be paid from the Sewer Assessment Investment Fund
The total debt is as follows:
Water Bonds:
4 % Bonds due July 1, 1928
$13,000.00
31/2% Bonds due July 1, 1929. 15,000.00
31/2 % Bonds due July 1, 1930
12,000.00
31/2% Bonds due April 1, 1932
30,000.00
4 % Bonds due October 1, 1933
30,000.00
4 % Bonds due October 1, 1934.
20,000.00
31/2% Bonds due March 1, 1935
100,000.00
31/2% Bonds due November 1, 1935
50,000.00
4 % Bonds due July 1, 1928-1930
3,000.00
4 % Bonds due April 1, 1928-1934.
14,000.00
4 % Bonds due December 1, 1928-1940.
47,000.00
4 % Bonds due July 1, 1928-1941 40,000.00
$374,000.00
Sewer Bonds:
4 % Bonds due July 1, 1928-1940
$81,000.00
4 % Bonds due October 1, 1928-1941. 42,000.00
4 % Bonds due July 1, 1928-1942 97,000.00
$220,000.00
41/2% Street Railway Loan Bonds, (A. B. C. St. Ry.) due Oct. 1, 1928. $2,250.00
41/2% Street Ry. Loan Bonds, (N. T. & A. St. Ry.) due November 15, 1928-1939. 14,000.00
5 % Tuberculosis Hospital Bonds, due April 1, 1928-1930. 15,000.00
41/2% School Bonds, (Addition to Washington- Bliss School Houses), due Oct. 1, 1928-1929
26,000.00
4 % High School Building Loan Bonds, due August 1, 1928-1932
42,500.00
16
ANNUAL REPORT
4 % School Loan, Acts of 1921 Bonds, due August 1, 1928-1945 (Lincoln School) .. 65,000.00
41/4% School Loan, Act of 1921 Bonds, due August 1, 1928-1945 (Lincoln School) .. 414% Richardson School Loan of 1924 Bonds, due September 1, 1928-1934
92,000.00
70,000.00
4 % Street Widening Loan of 1925 Bonds, due June 1, 1928-1930
36,000.00
414% Bank and Water Street Bridge Bonds, due December 1, 1928-1937. 20,000.00
4 % Surface Drainage Bonds, due September 1, 1928-1937. 10,000.00
4 % Sewer Loan Bonds, 1924, due September
1, 1928-1931. 19,000.00
$411,750.00
Time Notes:
5% City of Attleboro notes, N. T. & A. St. Ry due Sept. 10, 1928-1929. 2,000.00
4% Department Equipment Coupon Notes (Fire) dated May 1, 1926 and due May 1, 1928-1929 12,000.00
$14,000.00
Notes in anticipation of Taxes, dated September 12, 1927 and due April 12, 1928, discounted at 3.385% $100,000.00
$1,119,750.00
Less Sinking Fund Assets: Water Loan Sinking Fund. $143,433.20
Sewer Assessment Investment Fund. 110,492.51
$253,925.71
Total Net Debt, January 1, 1928 $865,824.29
TRUST FUNDS
Deborah Starkey Fund
Dr.
Balance in Fund, January 1, 1927. $1,284.98
Interest on principal of fund from October 1,
1926 to October 1, 1927. 64.53
$1,349.51
Cr.
Disbursement under provision of the will. $19.30
Balance in Fund, January 1, 1928 Deposit in Attleborough Savings Bank, Principal of Fund $1,000.00 330.21
Income
$1,330.21
$1,349.51
17
ANNUAL REPORT
Smith-Hughes Trust Fund
Balance in Fund, January 1, 1927 $760.77
Received from:
First National Bank, interest on daily bank balances $12.70 Commonwealth of Massachusetts, Fed- eral Funds for Vocational Education 724.62
$737.32
$1,498.09
Paid to City of Attleboro, reimbursement for ex- penditures $766.56
Balance in Fund, January 1, 1928. 731.53
$1,498.09
Ruth Holden-Alice Illingworth Haskell Memorial Nursing Fund
Balance in Fund, January 1, 1927 $3,439.88
Received :
Interest on U. S. Liberty Loan Bonds $51.00
Interest on Savings Bank Deposits 113.46
$164.46
Balance in Fund, January 1, 1928 $3,604.34
Funds invested as follows:
41/4% U. S. Liberty Loan Bonds, due October 15, 1938-Par value. $1,200.00
Attleborough Savings Bank. 2,404.34
$3,604.34
Soldiers' Bonus Tax Refund
Balance in Fund, January 1, 1927. $11,842.09
Received from:
Attleboro Trust Co., interest to Dec. 1,
1927 on deposit $235.72
Attleborough Savings Bank, interest to Oct. 1, 1927, on deposit. 304.08
Proceeds from sale of parcel of land from City Hall Site to L. G. Balfour Co., as per vote of council, Nov. 15, 1927 2,500.00
$3,039.80
$14,881.89
Balance in Fund, Jan. 1, 1928:
Deposit in Attleboro Trust Company $7,070.94
Deposit in Attleborough Savings Bank. 7,810.95
$14,881.89
18
ANNUAL REPORT
Margaret Spangler Fund
Received from:
Attleborough Savings Bank, interest to Oct. 1, 1927 on $5,000.00 according to terms of gift. $250.00
Paid to City of Attleboro for care, etc., of base ball grounds at Capron Park 250.00
Trust Fund for the Benefit of Charles L. Fletcher
Received from
Executor of will of Mary G. Fletcher of Ran-
dolph, Vermont $150.89
Attleboro Savings Bank, interest to October 1, 1027 on fund 17.68
$168.57
Paid
For burial expenses
$167.57
Probate Court, District of Randolph, Vt .. 1.00
$168.57
ALBERTA F. REMINGTON, Treasurer
CAPRON FUND
To His Honor, the Mayor, and the Municipal Council:
I hereby submit a statement of the Capron Fund, the income of. which is to be used for the care and improvement of Capron Park.
Cash Account
Receipts
Cash on hand, Jan. 1, 1927. $485.95
Interest
On Investments
$1,984.99
On Checking Account
5.03
$1,990.02
Rents
737.00
Payments on Mortgage Notes
650.00
Payment on 2nd 414% U. S. Liberty Loan Bond
600.00
Attleborough Savings Bank, transfer from
investments to cash 125.00
$4,102.02
$4,587.97
Disbursements
Care of Real Estate:
Repairs and Labor
$1,026.70
Insurance
8.00
Water Bills
11.68
$1,046.38
19.
ANNUAL REPORT
Administration Expenses, Advertising tenement .90
Paid to City Treasurer, for care and im- provement of Capron Park. 1,000.00
Investments: Savings Banks 2,393.31
4,440.59
Cash on hand, Jan. 1, 1928.
147.38
$4,587.97
Principal of Fund
Principal, Jan. 1st, 1928. $40,621.95
Investments
Real Estate, Jan. 1st, 1928
$10,000.00
Mortgage Notes at 6%.
7,275.00
U. S. Liberty Loan Bonds at 414 %
5,000.00
Deposits in Savings Banks
18,346.95
40,621.95
Income
Balance in Fund, Jan. 1st, 1927
Cash
$485.95
Deposited in Savings Bank
9,397.16
$9,883.11
Received from
Interest on investments
1,984.99
Interest on Checking Account.
5.03
Rents
737.00
2,727.02
$12,610.13
Disbursements
Care and expenses of real estate.
$1,046.38
Administration expenses (Advertising)
.90
City Treasurer for care and improvement of Capron Park
1,000.00
Balance in Fund, Jan. 1, 1928:
Deposits in Savings Banks:
Attleborough Savings
Bank
$7,574.55
Attleboro Trust Co .. 2,840.92
$10,415.47
Cash on hand
147.38
$10,562.85
$12,610.13
ALBERTA F. REMINGTON, Treasurer
20
ANNUAL REPORT
To His Honor, the Mayor, and the Municipal Council:
I herewith submit a statement of the receipts and disbursements of the Water Loan Sinking Fund of the City of Attleboro for the year 1927 together with a table showing investments held by the same.
WATER LOAN SINKING FUND
Cash Account Receipts
Cash on hand, Jan. 1, 1927
$1,344.28
Interest and income earned
$6,342.96
Payments on
Mortgage Notes
$2,750.00
Bonds
3,000.00
N. T. & A. St. Ry. Note
1,000.00
6,750.00
Yearly appropriation for Sinking Fund.
10,000.00
Accrued interest on bonds sold. 25.00
23,117.96
$24,462.24
Disbursements
Paid for securities purchased during the year:
City of Melrose, 31/2% Bonds, due June 1, 1927
$1,000.00
Deposited in Attleborough Savings Bank. 664.22
Accrued interest on securities purchased ..
62.38
Transfer of securities from the Sewer Assessment Investment Fund
10,000.00
City Treasurer, water bonds, due July 1, 1927.
10,000.00
21,726.60
Cash on hand, Jan. 1, 1928.
2,735.64
$24,462.24
SECURITIES HELD BY THE WATER LOAN SINKING FUND, JAN. 1, 1928 BONDS
Name of Bond
Rates
When Issued
When Payable
Amount of Investment $1,000.00
City of Attleboro
Water Loan
4 %
July
1, 1898
July
1, 1928
Town of Framingham
Water Loan Bonds
4 %
Oct.
1, 1906
Oct.
1, 1928
2,000.00
City of Akron, Ohio
Water Wks. Ext.
51/2 %
Apr. 1, 1920
Apr. 1, 1930
10,000.00
City of Detroit
Pub. Sewer Loan
4 1/2 %
Feb.
1, 1925
Feb.
1, 1932
5,000.00
City of Milwaukee
Elec. Light Bonds
5
July 1, 1924
July
1, 1933
500.00
Hospital Bonds
5
%
July
1, 1924
July
1, 1934
4,500.00
Sewer Loan
3 1/2 %
Apr.
1, 1933
3,000.00
City of Attleboro
Water Loan
31/2%
1, 1905
Mar.
1, 1935
13,000.00
Town of Franklin
Water Loan Bonds
4 %
June
1, 1907
June
1, 1934
1,000.00
City of Cincinnati, O.
Street Imp. Loan
41/2 %
Jan. 2, 1914
Jan.
2, 1934
3,000.00
City of Boston
Rapid Transit Loan
3 1/2 %
Apr.
1, 1938
9,000.00
City of Grand Rapids,
Sewage Disposal System Bond
41/4%
Apr. 1, 1924
Aug.
1, 1935
2,000.00
City of Grand Rapids.
Mich.
Street Imp. Bond
41/4 %
Oct.
1, 1926
Oct.
1, 1935
1,000.00
City of Spokane, Wash.
Water Wks. Imp.
41/2 %
Jan.
1, 1910
Jan.
1, 1935
10,000.00
City of Cincinnati, O.
Sewer Imp. Loan
41/2 %
Mar.
1, 1915
Mar.
1, 1935
5,000.00
City of Cincinnati, O.
Street Imp. Loan
41/2 %
Apr.
, 1915
A.pr.
1, 1935
1,000.00
City of Cincinnati, O.
Street Imp. Loan
41/2 %
Apr. 15, 1915
Apr. 15, 1935
1,000.00
Boston & Albany R. R. Co.
Improvement Loan
5 %
July
1, 1913
July
1, 1938
1,000.00
City of Omaha
Water Bonds
41/2%
Dec. 15, 1911
Dec. 15, 1941
5,000.00
City of New Bedford
Park Loan
31/2 %
July
1, 1951
3,000.00
U. S. Liberty Loan
41/4 %
Oct.
15, 1918
Oct.
15, 1938
14,000.00
State of California
State H'way Bonds
41/2 %
July
3, 1917
July 3, 1940
1,000.00
·
Mar.
ANNUAL REPORT
$96,000.00
21
City of Milwaukee
City of Fall River
Mich.
·
22
NOTES
Notes secured by mortgages on real estate at 6% ..
$27,900.00
Notes of N. T. & A. St. Ry. dated Sept. 10, 1922 and due Sept. 10, 1928-1929 at 5%
2,000.00
Deposit in Attleborough Savings Bank.
14,797.56
$44,697.56
Cash on hand, Jan. 1, 1928.
2,735.64
Value of Sinking Fund, Jan. 1, 1928 ..
$143,433.20
ALBERTA F. REMINGTON, Treasurer
ANNUAL REPORT
23
ANNUAL REPORT
To His Honor, the Mayor, and the Municipal Council:
I herewith submit a statement of the receipts and disbursements of the Sewer Assessment Investment Fund of the City of Attleboro for the year 1927 together with a table showing the investments held by the. same.
SEWER ASSESSMENT INVESTMENT FUND Cash Account
Receipts
Cash on hand, Jan. 1, 1927
$353.50
Interest and income earned .
$5,258.63
Payments on:
Bonds
$2,000.00
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