USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1903 > Part 3
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By the amount of note No. 640, issued to the order of Water Commission- ers, City of Newburyport, dated June 26, 1903, payable on demand, with interest at the rate of 3 per cent per annum (temporary loan) . 15,000 00
By the amount of note No. 641, issued to the order of J. V. Felker, city treasurer, dated June 29, 1903, payable on demand, with interest at the rate of 3} per cent per an- num (temporary loan)
By the amount of note No. 642, issued to the order of J. V. Felker, city treasurer, dated July 14, 1903, payable in twelve months, with interest at the rate of 34 per cent per annum (temporary loan)
By the amount of note No. 643, issued to the order of J. V. Felker, city treasurer, dated October 3, 1903, payable in four months, with inter- est at the rate of 32 per cent per annum (temporary loan)
By the amount of note No. 644, issued to the order of J. V. Felker, city treasurer, dated October 3, 1903, payable in four months, with inter- est at the rate of 32 per cent per annum (temporary loan)
Carried forward .
10,000 00
3,000 00 .
3,000 00
7,000 00
$387,193 12
52
ANNUAL REPORTS
Brought forward $387,193 12 By the amount of city bonds, high school loan, principal payable De- cember 1, 1923, interest payable semi-annually, June 1 and Decem- ber 1, at the rate of 3} per cent per annum ; fifty, of the denomina- tion of $1,000 each, Nos. 36 to 85, inclusive . 50,000 00
Making a total of
$437,193 12
There has been paid on account of the city debt, during the year 1903, notes, as follows :
To the order of J. V. Felker, city treasurer, note No. 622, dated De- cember 26, 1901, which matured December 26, 1902, and was paid April 13, 1903, bearing interest at the rate of 3 per cent per annum (temporary loan)
$1,000 00
To the order of W. F. Houston, trustee under the will of R. W. Drown, note No. 624, dated February 17, 1902, which matured February 17, 1903, and was paid March 4, 1903, bearing interest at the rate of 3 per cent per annum (temporary loan) 1,467 73
Carried forward .
$2,467 73 $437,193 12
53
CITY AUDITOR
Brought forward
To the order of J. V. Felker, city treasurer, note No. 632, dated September 12, 1902, which matured September 12, 1903, and was paid July 14, 1903, bearing interest at the rate of 3 per cent per annum (tempory loan)
To the order of J. V. Felker, city treasurer, note No. 633, dated No- vember 15, 1902, which matured February 15, 1903, bearing inter- est at the rate of 3.50 per cent per annum (temporary loan) . .
To the order of J. V. Felker, city treasurer, note No. 634, dated Jan- uary 3, 1903, which matured Oc- tober 3, 1903, bearing interest at the rate of 3.25 per cent per an- num (temporary loan)
To the order of J. V. Felker, city treasurer, note No. 635, dated Jan- uary 3, 1903, which matured Octo- ber 3, 1903, bearing interest at the rate of 3.25 per cent per annum (temporary loan)
To the order of J. V. Felker, city treasurer, note No. 641, dated June 29, 1903, payable on demand, with interest at the rate of 3.50 per cent per annum, and was paid August 24, 1903 (temporary loan)
Carried forward .
$2,467 73 $437,193 12
4,000 00
12,000 00
3,000 00
7,000 00
10,000 00
$38,467 73 $437,193 12
54
ANNUAL REPORTS
Brought forward
$38,467 73 $437,193 12
To the order of J. V. Felker, city treasurer, note No. 642, dated July 14, 1903, which matured December 21, 1903, bearing interest at the rate of 3 per cent per annum (tem- porary loan) 3,000 00
Sinking funds and other available assets, December 19, 1903, in ex- cess of amount December 20, 1902, viz. :
1903 (see schedule). . $303,533 91 1902 (see schedule). . 277,524 94
Difference 26,008 97
Due from the city on account of the Bromfield fund 29 12
Making a total of 67,505 82
Net debt, December 19, 1903
$369,687 30
Net debt, December 20, 1902 321,725 39
Increase of net debt during the year
$47,961 91 1903
55
CITY AUDITOR
CITY DEBT AND ASSETS.
DECEMBER 19, 1903. DEBT.
City bonds (general loan), 4 per cent, due 1908 . $ 65,000 00
City bonds (new school house loan of 1900), 3₺ per cent, due 1910 27,500 00
City bonds (general loan), 4 per cent, due 1911 . 90,000 00
City bonds (general loan), 4 per cent, due 1913 . 25,000 00
City bonds (sewerage loan), 4 per cent, due 1919
107,500 00
City bonds (high school loan), 3} per cent, due 1922
35,000 00
City bonds (high school loan), 3} per cent, due 1923
50,000 00
City bonds (sewerage loan), 3} per cent, due 1931
46,000 00
Notes payable (committee on Sawyer fund ) 42 per cent, due on demand, trust fund
5,000 00
Notes payable (committee on Brown fund), 4} per cent, due on demand, trust fund
15,000 00
Notes payable (committee on Froth- ingham fund), 4 per cent, due on demand, trust fund
1,000 00
Notes payable (committee on Green fund), 4 per cent, due on demand, trust fund
2,000 00
Notes payable (committee on Toppan fund), 4 per cent, due on demand, trust fund 250 00
Carried forward $469,250 00
56
ANNUAL REPORTS
Brought forward .
$469,250 00
Notes payable committee on A. Wil- liams. fund), 4 per cent, due on demand, trust fund
1,000 00
Notes payable (committee on Todd fund), 4 per cent, due on demand, trust fund
10,000 00
Notes payable (committee on William O. Moseley fund), 4 per cent, due on demand, trust fund
10,000 00
Notes payable (trustees of Margaret Atwood fund), 4} per cent, due on demand, trust fund
10,500 00
Notes payable (trustees of Simpson fund), 4} per cent, due on demand, trust fund
20,000 00
Notes payable (trustees of Follansbee fund), 4 per cent, payable on de- mand, trust fund
3,000 00
Notes payable (overseers of the poor), 4₺ per cent, due on demand, Dex- ter fund
2,000 00
Notes payable (temporary loan), 3,
147,467 73
34, 33, and 32 per cent, due 1904 Due commissioners of Atkinson com- mon .
3 48
Gross city debt, December 19, 1903
$673,221 21
ASSETS.
Taxes of 1901
$ 2,029 65
1902
26,546 30
1903
55,537 75
Carried forward .
$84,113 70 $673,221 21
1
57
CITY AUDITOR
Brought forward
$84,113 70 $673,221 21 Betterments
2,235 48
Watering streets, 1902 353 00 66 1903 953 45
State of Massachusetts, state aid 9,891 00
military aid 270 23
burial account 245 00
Sinking funds 132,616 41
Deposited in First National Bank, New-
buryport .
67,561 39
Deposited in First National Bank, Bos- ton
4,644 03
Deposited in safe in treasurer's office . 650 22
Making a total of
303,533 91
Total net debt, December 19, 1903 .
$369,687 30
SINKING FUNDS.
DECEMBER 19, 1903.
Total amount of funds, December 20,
1902
$108,087 31
Appropriation for the year 1903 . 17,200 00
Income from investments during the year 1903 3,975 53
Making a total of $129,262 84
The sinking fund commissioners hold in trust, under an order of the city council passed June 5, 1899, which amount is placed on deposit in the First National Bank, Newburyport . $3,000 00
58
ANNUAL REPORTS
Brought forward $3,000 00
Income for the years 1900, 1901, 1902, 1903 323 57
Making a total of $3,353 57
SUMMARY OF INVESTMENTS.
City of Newburyport 4 per cent sewer bond. Registered in the name of the sinking fund commissioners, Newburyport. Principal payable No- vember 1, 1919. Interest payable semi-annually, May 1 and November 1 of each year. No. 2 . $5,000 00
City of Newburyport 4 per cent coupon sewer bonds. Principal payable Sep- tember 1, 1919. Interest payable semi-annually, March 1 and Septem- ber 1 of each year. Fifteen of the denomination of $1,000 each. Nos. 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65
City of Newburyport 32 per cent sewer bonds. Registered in the name of the sinking fund commissioners, New- buryport. Principal payable Sep- tember 1, 1931. Interest payable semi-annually, March 1 and Septem- ber 1 of each year. Twenty of the denomination of $1,000. Nos. 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46 20,000 00
15,000 00
Carried forward
$40,000 00
59
CITY AUDITOR
Brought forward $40,000 00 City of Newburyport 3} per cent school house loan of 1900. Bonds registered in name of sinking fund commission- ers, Newburyport. Principal payable June 1, 1910. Interest payable semi- annually, June 1 and December 1 of each year. Five of the denomination of $5,000 each ; one of the denomin- ation of $2,500. Nos. 1, 2, 3, 4, 5, 6.
27,500 00
City of Newburyport 3} per cent high school loan of 1902. Principal pay- able July 1, 1922. Interest payable semi-annually, January 1 and July 1 of each year. Seventeen of the de- nomination of $1,000 each. Nos. 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 17,000 00
City of Malden 4 per cent coupon sewer- age loan bonds. Principal payable May 2, 1924. Interest payable semi- annually, May 2 and Nov. 2 of each year. Fifteen of the denomination of $1,000 each. Nos. 251, 252, 253, 254, 255, 256, 257, 258, 259, 260, 261, 262, 263, 264, 265 . 15,000 00
City of Haverhill 4 per cent coupon water loan bonds. Principal payable June 1, 1922. Interest payable semi- annually, June 1 and December 1 of each year. Five of the denomination of $1,000 each. Nos. 19, 20, 80, 81,82 . 5,000 00
Curried forward
$104,500 00
60
ANNUAL REPORTS
Brought forward $104,500 00 City of Quincy 4 per cent coupon public water supply loan bond. Principal payable May 1, 1912. Interest pay- able semi-annually, May 1 and No- vember 1 of each year. No. 77 . . 500 00
Deposited in the Newburyport Five
Cents Savings Bank, book No. 10,244 .
1,394 60
Deposited in the First National Bank, Newburyport 22,868 24
Making a total of $129,262 84
LEDGER BALANCES.
DECEMBER 19, 1903.
DR.
Cash $ 650 22
First National Bank, Newburyport 67,561 39
First National Bank, Boston
4,644 03
State of Massachusetts, state aid 9,891 00
66 military aid
270 23
66 66 burial account 245 00
Sinking fund commissioners 132,616 41
Water account
56,933 19
City of Newburyport .
440,041 85
Taxes of 1901
2,029 65
66 1902 26,546 30
1903 55,537 75
Betterments
2,235 48
Watering streets, 1902
353 00
1903
953 45
Incidentals
9,603 63
$810,112 58
61
CITY AUDITOR
CR.
Notes payable
$227,217 73
City bonds
446,000 00
Sinking funds
129,262 84
Sinking funds in trust
3,353 57
Commissioners of Atkinson common
3 48
Sewers (construction)
3,274 96
Sinking fund for ward six engine house
1,000 00
$810,112 58
STATEMENT OF DEFICIT BALANCES.
[Charged to Incidentals, December 19, 1903.]
Poor
$ 82 92
Schools
4,615 44
Fire .
757 32
Fire (repairs on steamer No. 1)
77 31
Sidewalks and edgestones
90 14
Ashes and rubbish
80 04
Police
1,338 68
Lighting
480 88
Fuel .
7,652 13
Public library .
233 20
Printing
58 08
Board of health
596 12
Military aid
15 73
Soldiers' relief
449 25
Parks
45 50
Abatements, tax of 1900
345 30
Foot bridge over City railroad
46 13
Preservation of shade trees
356 70
Making a total of
$17,320 87
Credit, balance sinking fund, ward six engine house
1,000 00
$18,320 87
62
ANNUAL REPORTS
STATEMENT OF UNEXPENDED BALANCES.
[Credited to Incidentals, December 19, 1903.]
Highways
$484 32
Bridges and Culverts
227 68
Watering streets
2 40
Public property
946 96
Incidentals
2,945 26
Salaries
145 96
Parks ( Atkinson common)
4 61
Parks (Cushing)
1 94
Sewers (maintenance)
11 87
Taxes of 1901
367 18
1902
78 94
66
1903
1,627 58
Interest
872 54
Sinking fund for ward six engine house
1,000 00
Making a total of
$8,717 24
The overdraft for the year 1903
9,603 63
Making a total of
$18,320 87
POOR DEPARTMENT.
The resources for the year ending December 19, 1903, have been as follows:
Appropriation
$21,000 00
Received in reimbursements from individuals, state,
and other cities and towns . 4,864 96
Received from sale of farm produce
388 23
Received from sale of empty barrels
12 50
Soldiers' relief
624 33
Total appropriation and income $26,890 02
63
CITY AUDITOR
Brought forward $26,890 02 Deduct soldiers' relief 624 33
Making a total of net receipts .
$26,265 69
The expenses, as approved by the overseers of the poor, for the year ending December 19, 1903, have been as follows :
Almshouse $2,234 64
Insane
9,658 71
Aid to Newburyport poor in other cities and towns 1,319 81
Fuel, groceries, clothing, house rent, medicine, etc. 10,684 70
Salaries 3,075 08
Total expenditures
$26,972 94
Deduct soldiers' relief
624 33
Making a total of net expenses
$26,348 61
Deduct amount overdrawn and charged to incident- als to balance account . 82 92
Making a total of
$26,265 69
STATEMENT OF RECEIPTS AND EXPENDITURES OF CITY CLERK'S OFFICE.
[For the year ending December 19, 1903.]
RECEIPTS.
Issuing and recording 167 marriage licenses $83 50 Recording mortgages and sundry papers . . 18 20
$101 70
64
ANNUAL REPORTS
Brought forward
$101 70
Issuing and recording miscellaneous
licenses, viz. :
Auctioneers'
$ 6 00
Pool .
12 00
Pawn
100 00
Junk
60 00
Circus
5 00
Striking machine
2 00
185 00
From sale of burial lots, viz. :
No. 84
$25 00
No. 1742.
10 00
No. 182
10 00
No. 196
15 00
No. 238
2 00
No. 250
15 00
No. 251
15 00
No. 258
15 00
No. 266
15 00
No. 273
15 00
No. 277
15 00
No. 2772
15 00
No. 315
15 00
No. 384, 385
30 00
No. 386
7 50
No. 389
15 00
No. 390
15 00
No. 391 15 00
No. 392 15 00
No. 393
20 00
299 50
For use of telephone
40
Making a total of
$586 60
65
CITY AUDITOR
EXPENDITURES.
Paid cash to redeem badges . $ 3 00
Paid J. V. Felker, city treasurer . 481 90
Retained by Geo. H. Stevens, city clerk . 101 70
Making a total of
$586 60
STATEMENT OF RECEIPTS AND EXPENDITURES OF F. H. RUNDLETT, CITY MESSENGER.
[As Agent for the Rental of City Hall for the Year Ending December 19, 1903.]
RECEIPTS.
1902.
December 23. Firemen's benefit
$ 5 00
31.
Willianı A. Noyes 27 00
1903.
66 26 50
10.
James A. Lyons
32 50
15.
William A. Noyes .
26 50
66
23.
C. S. McGown
5 00
66
30.
William A. Noyes
20 00
66
31. 5.
66
26 00
66
9.
Choral Union .
20 00
66
10.
Central Labor Union
8 00
March
5.
Schofield Baptiste
27 00
66
11.
William A. Noyes
20 00
12.
. 6
20 00
13.
20 00
14.
26 00
' January 2.
26 00
February
3
66
ANNUAL REPORTS
March 16. Ladies' Auxiliary to A. O. H. .
$ 5 00
66 19. William A. Noyes .
20 00
. .
28.
66 26 00
April 3. Young Men's Christian Association
15 00
66
131
Choral Union .
20 00
66
21. Foresters
20 00
66
22. William A. Noyes
20 00
May 2. Miss Bessie Waters
10 00
66
8.
William A. Noyes
20 00
66
12.
20 00
14.
66
20 00
66
15.
66
20 00
16.
66
26 00
66
26
Rev. J. L. M. Levesque
10 00
June
2.
Knights of Columbus
20 00
July
1.
20 00
September
3.
Silver Cord lodge, O. F.
7 00
8.
Young Men's Christian Association 5 00
5 00
66
10.
66
66
15 00
66 66
66
15 00
66
12.
66 66
6 00
66
14.
William A. Noyes
20 00
66
15.
26 00
66
16.
66
26 00
66
17.
26 00
18.
66
26 00
19.
66
26 00
66
21.
66
20 00
66
22.
66
26 00
66
23.
66
26 00
66
24.
26 00
66
25.
26 00
26
26 00
October
2.
William A. Noyes
20 00
66
9.
6 6 66
11.
67
CITY AUDITOR.
October 3.
William A. Noyes .
$26 00
66
12.
20 00
66
16. U. O. A. W. . 20 00
19. William A. Noyes
20 00
20 00
66
20. 21.
66
20 00
22.
66
20 00
23. 66
20 00
24.
66
6 00
66
29.
.6
25 00
20 00
November 4.
66
20 00
5. A. O. H.
27 00
66
9.
William A. Noyes
20 00
66
10.
20 00
66
11.
66
26 00
66
13.
20 00
66
14. 17.
Young Men's Christian Association
10 00
19.
Schofield Baptiste
27 00
December 7.
66
8.
Knights of Pythias
15 00
66
9. 10.
15 00
66
11.
66
15 00
66
12.
66 66
21 00
66
18. Amesbury Poultry Association
45 00
Making a total of
$1,599 50
6.
Knights of Malta
20 00
12.
20 00
26 00
Choral Union .
20 00
15 00
EXPENDITURES.
Paid J. V. Felker, city treasurer $1,599 50
30.
66
68
ANNUAL REPORTS
STATISTICS OF TAXATION.
Value of buildings $5,067,700 00
Value of land . 2,347,600 00
Total value of real estate $7,415300 00
Total value of personal estate 2,977,300 00
Value of resident bank shares 294,829 00
Total value of assessed estate, May 1, 1903 . . $10,687,429 00 Value of supplementary assessments, viz. :
Real estate . $13,700 00
Personal estate
5,800 00
19,500 00
Total value of assessed estate, December 19, 1903 $10,706,929 00
Rate of taxation, $16.20 per $1,000, raised as follows, viz .:
Real estate .
$120,127 86
Personal estate
48,232 26
Bank stock .
4,776 23
Polls : 4,447 at $2.00 each
8,894 00
Supplementary assessments, including 49 polls at $2.00 each 413 90
Making a total of
$182,444 25
Divided as follows, viz .:
City tax .
$158,906 98
County tax
11,540 15
State tax
9,262 70
Supplementary assessments
413 90
Overlay
2,320 52
Making a total of
$182,444 25
69
CITY AUDITOR
SCHEDULE OF CITY PROPERTY -REAL AND PERSONAL.
DECEMBER 19, 1903.
City hall building and land, Pleasant street (brick) $50,000 00
Police station, court house, engine house, and land,
Market square (brick) .
20,000 00
City farm buildings and thirty acres of land, North Atkinson street (brick) 40,000 00
Ward room, Congress street (wood)
400 00
Library building and land, State street (brick)
25,000 00
Ward room and land, Ashland street (wood)
400 00
Hearse house, gun house, and pounds, Pond street (wood)
200 00
Right of ferry-way
100 00
Old Hill burial ground .
1,000 00
New Hill burial ground .
1,000 00
Armory building, Merrimac street (wood)
14,000 00
Pest house (wood)
100 00
Ward room, Purchase street (wood)
200 00
High school building (brick)
85,000 00
Total
$237,400 00
SCHOOL HOUSES.
Johnson school house and land, Hancock street (brick) $5,000 00
Bromfield street school house and land (brick) . . 7,000 00
Jackman school house and land, School street (brick) 28,500 00
Temple street school house and land (brick) . 3,500 00
Kelley school house and land, High street (brick) . 35,000 00
Congress street school house and land (brick) . 6,000 00
Storey avenue school house and land (brick) . 3,000 00
Forester street school house and land (brick) . 8,000 00
Purchase street school house and land (wood) . 3,000 00
Curtis school house and land, Ashland street ( wood) 10,000 00
Moultonville school house and land (wood) 1,500 00
Monroe street school house and land (wood) . 800 00
Total
$111,300 00
70
ANNUAL REPORTS
ENGINE HOUSES.
Engine house and land on Federal street (brick) . $5,000 00
Engine house and land on Purchase street (brick). 2,500 00
Engine house and land on Congress street (brick). 5,000 00
Engine house and land on Merrimac street (brick).
1,000 00
Total
$13,500 00
LANDS.
Washington park; High, Pond, and Greenleaf streets
$12,000 00
Cushing park ; Washington, Kent, Congress, and Buck streets
9,000 00
Atkinson common ; High street
3,500 00
Land ; High street and Storey avenue
50 00
Triangular lot ; Three roads .
200 00
Coffin lot ; Hill street
1,200 00
Powder house lot; Low street
1,200 00
Pasture ; Crow lane
700 00
Gravel pit ; Coffin's court .
300 00
Gravel pit; Greenleaf street
1,500 00
Gravel pit; North Atkinson street
800 00
Kent street landing
1,500 00
Green street landing
2,000 00
Winter street landing
400 00
Jefferson street landing
300 00
Bromfield street landing
300 00
Goodwin landing
150 00
Gas house landing
50 00
Pettingell landing 50 00
Marlboro street landing .
100 00
Janvrin landing
1,059 00
Coombs landing
100 00
Total
$36,459 00
71
CITY AUDITOR
PERSONAL PROPERTY.
Furniture in City hall building, engine houses, police station, and court room $6,000 00
Movable property in school houses, consisting of desks and chairs for pupils, books, and miscella- neous supplies, viz .:
Johnson school . $ 450 00
Bromfield street school
546 00
Purchase street school
60 00
Jackman school
632 00
Temple street school . 138 00
Kelley school . 1,192 00
Congress street school . 311 00
Congress street ward room 66 00
Forester street school
610 00
Ashland street school in temporary quarters . 142 00
Ashland street ward room 38 00
Moultonville school
149 00
Plains school
100 00
High school
1,550 00
Committee room, city hall
500 00
Three second-class Amoskeag steamers, five hose wagons, one supply wagon, two hose reels, two hook and ladder trucks, 9,000 feet leading hose, 60 feet suction hose (2}-inch), three siamese couplings, seven hand extinguishers, four double harnesses, six single harnesses, and small sup- plies. In care of the chief engineer of the fire department 25,000 00
One ten-ton road roller, one road machine, nine horses, three double carts, three single carts,
6,484 00
72
ANNUAL REPORTS
three double sleighs, three single sleighs, one stone jigger, three double harnesses, three single harnesses, three single sleigh harnesses, nine horse blankets, nine canvas coverings, one hokey- pokey cart, two road plows, four gravel screens, four snow plows, one single-horse shovel, one iron paving widder block, six wooden paving widders, two spirit levels, four wooden signs for road roller, eight iron signs for road roller, two tool boxes, four wooden horses, eighteen pick- axes, six hoes, twelve scoop shovels, six grubs, two paving hammers, twelve water pails, one water can, two kerosene oil cans, four wheel- barrows, thirteen steel bars, four tamping bars, twelve chains, one brush cutter, two pendants for snow plows, two rakes, twelve lanterns, four stone chisels, six brush brooms, four stone ham- mers, two mauls, two sledges, stable implements. In care of the surveyor of highways
Furniture in almshouse ; other property in or about city farm buildings, viz., five cows, thirteen swine, three horses, one mowing machine, one horse rake, one hay tedder, two sets hay forks and blocks, two express wagons, two dump carts, one hay wagon, one light wagon, two sets double harnesses, three sets single harnesses, two plows, two cultivators, one four-ton eight-by-fourteen wagon scale, and other tools and appurtenances usually found on a farm. In care of the superin- tendent of the city farm
$4,287 65
4
Standard weights and measures
3,027 00
300 00
Fire alarm 5,000 00
Making a total of
$50,098 65
73
CITY AUDITOR
RECAPITULATION.
Real estate
$237,400 00
School houses
111,300 00
Engine houses
13,500 00
Lands
36,459 00
Personal property
50,098 65
Total
$448,757 65
Treasurer's Report
OF THE
Sinking Fund Commissioners.
TREASURER'S REPORT
OF THE
Sinking Fund Commissioners.
CITY OF NEWBURYPORT, TREASURER'S OFFICE. December 19, 1903.
TO THE COMMITTEE ON FINANCE :
GENTLEMEN : I herewith submit a report of the con- dition of the sinking funds at this date, it being the close of the financial year.
Total funds, $129,262.84; divided as follows :
SEWERAGE SINKING FUND.
Loan, $107,500; due September 1, 1919.
Total funds, December 20, 1902 $29,535 00 City appropriation for 1903 2,350 00 Interest on investments in 1903 1,135 00 $33,020 00
78
ANNUAL REPORTS
INVESTMENTS.
Newburyport 4 per cent sewer bonds . $20,000 00 Quincy 4 per cent water bonds . 500 00
Newburyport 33 per cent school bonds 2,500 00
Newburyport 32 per cent sewer bonds 3,000 00
Deposit, Five Cents Savings Bank, City 553 00
3,467 00
Deposit, First National Bank, City . . Newburyport 33 per cent high school bonds
3,000 00
$33,020 00
SINKING FUND.
Loan, $90,000; due July 1, 1913.
Total funds, December 20, 1902 . . $43,105 00
City appropriation for 1903 . 2,900 00
Interest on investments in 1903 1,609 00
$47,614 00
INVESTMENTS.
Malden 4 per cent sewer bonds $15,000 00
Haverhill 4 per cent water bonds . 5,000 00
Newburyport 32 per cent school bonds 15,000 00
Newburyport 3} per cent sewer bonds 4,000 00
Newburyport 3} per cent high school bonds . 4,000 00
Deposit, Five Cents Savings Bank, city 109 00
Deposit, First National Bank, city . . 4,505 00
$47,614 00
79
SINKING FUNDS
SINKING FUND.
Loan, $25,000; due April 1, 1913.
Total funds, December 20, 1902 . $9,285 00
City appropriation for 1903 800 00
Interest on investments in 1903 325 00
$10,410 00
INVESTMENTS.
Newburyport 3₺ per cent school bonds $5,000 00
Newburyport 3₺ per cent sewer bonds 3,000 00
Newburyport 3₺ per cent high school
bonds 1,000 00
Deposit, Five Cents Savings Bank, city 295 00
Deposit, First National Bank, city . .
1,115 00
10,410 00
SINKING FUND.
Loan, $65,000; due July 1, 1908.
Total funds, December 20, 1902 . . $20,735 15
City appropriation for 1903 . 6,650 00
Interest on investments in 1903 725 00
-- $28,110 15
INVESTMENTS.
Newburyport 32 per cent school bonds $5,000 00 Newburyport 32 per cent sewer bonds . 8,000 00 Newburyport 3} per cent high school bonds 7,000 00
Deposit, Five Cents Savings Bank, city 437 60
Deposit, First National Bank, city . . 7,672 55
$28,110 15
80
ANNUAL REPORTS
SINKING FUND -SCHOOL HOUSE LOAN. Loan, $27,500; due June 1, 1910.
Total funds, December 20, 1902 . $4,103 00
City appropriation for 1903 2,000 00
Interest on investments in 1903 143 50
$6,246 50
INVESTMENTS.
Newburyport 3} per cent sewer bonds . $2,000 00
Newburyport 33 per cent high school
bonds 2,000 00
Deposit, First National Bank, city .
2,246 50
6,246 50
SINKING FUND -SEWERAGE LOAN.
Loan, $46,000; due September 1, 1931.
Total funds, December 20, 1902 . $1,324 16
City appropriation for 1903 . 1,300 00
Interest on investments in 1903 38 03
$2,662 19
INVESTMENTS.
Deposit, First National Bank, city . . 2,662 19
SINKING FUND -HIGH SCHOOL LOAN.
Loan, $35,000 ; due July 1, 1922.
City appropriation for 1903 . $1,200 00
INVESTMENTS.
Deposit, First National Bank, city 1,200 00
81
SINKING FUNDS
SUMMARY.
City of Newburyport 4 per cent sewer bonds . $20,000 00
City of Newburyport 33 per cent sewer bonds 20,000 00
City of Newburyport 33 per cent school bonds 27,500 00 City of Newburyport 33 per cent high school bonds 17,000 00
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