USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1905 > Part 2
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I would recommend that a small appropriation be made to be used in conjunction with a portion of the Brom- field fund for the destruction of the brown tail moth.
INDUSTRIAL IMPROVEMENT, ETC.
The life of any city depends wholly on its manufactur- ing industries. There are invested in manufacturing industries in this city $1,200,000. While this is very satis- factory, as far as it goes, for any material increase in our business activity and consequently in our general prosper- ity, we must look to or add to the growth of these manu- facturing establishments already in our midst, or to some organized effort to present to other manufacturers the ad- vantages of our city as a manufacturing centre.
I am fully in sympathy with the aims and purposes of those gentlemen who endeavored to form such an organi- zation some two years ago and regret that our citizens, who would be greatly benefitted by the success of such a movement, did not lend sufficient support to crystalize the movement into active being.
I sincerely hope this most important feature of our in- dustrial life will not be allowed to go by default but that
32
ANNUAL REPORTS
the effort will be renewed this year and I bespeak the hearty co-operation of this city government and all our people along this line.
OVERDRAFTS AND CAUSE OF OVERDRAFTS
The present method of buying supplies for the city ap- pears to be defective, which is clearly shown by the fact that every department to which I have called your atten- tion, shows an overdraft.
Judging from the past few years there has not been, in my estimation, sufficient check upon the contraction of bills against the city, causing large overdrafts. While it is true that bills contracted by committees may not be ap- proved, or the mayor may refuse to approve or draw a special order for their payment, it would be a question for the court to determine whether or not parties selling to the city could not recover the amount of their bills even after the refusal referred to. You will agree with me that no private corporation, however limited its business, would allow bills to be contracted against it in such an in- discriminate manner, and I feel that I am not asking too much of you to consider with me all orders of the city council calling for the expenditure of money before they are passed and perhaps save me exercising my preroga- tive or vetoing power.
As mayor of this city I feel that I must insist that here- after all bills against the city must be accompanied by a voucher signed by the members of the city council order- ing the same and a duplicate of such voucher be placed on
33
MAYOR'S ADDRESS
file at city hall by the member issuing the same, and the said bills must be presented for payment within 30 days from date of contraction.
This method will create a complete file at city hall of all goods purchased or debts contracted and make it pos- sible to determine, when the annual statement is compiled, just what outstanding indebtedness exists.
I feel that all citizens having claims against the city will approve of this course and assist me in enforcing this rule.
I am also aware that the city ordinances allow each member of committees power to contract bills to a certain amount. I don't wish it understood that I desire to de- prive any member of any committee of his right or power, but from observation I feel that the city council should act on a greater number of the expenditures of various committees than has been the custom heretofore.
OTHER DEPARTMENTS
I have briefly called your attention to the work of the larger departments. In many of the smaller the work is equally as important. On an occasion of this character it would be impossible to call your attention to them all.
In your work of the city government, whether it be in the city council or in the different committees, let the same rule of careful investigation, considerate action and economical expenditure be your rule of conduct.
.
34
ANNUAL REPORTS
CONCLUSION
I will suggest that as the financial question will be the most important with which you will have to deal, that you exercise the greatest care in passing loan orders and item- izing appropriations, also that you examine all bills care- fully and see to it that the city gets the full value for every dollar expended, and as we are to be intimately associated together during the next twelve months in the management of our municipal corporation, may we be con- siderate, careful, judicious, true to ourselves and our constituents, so that at the end of the year we may receive the approbation of our friends and merit, at least, the re- spect of our opponents.
REPORT OF COMMITTEE ON FINANCE
CITY OF NEWBURYPORT, December, 1905.
To the City Council of the City of Newburyport:
GENTLEMEN: The Joint Standing Committee on Finance respect- fully submit the following statements and reports of the City Treas- urer and Collector and the City Auditor for the financial year ending December 16, 1905.
The books and accounts of the City Treasurer and Collector have been examined, under direction of the committee, by the City Audi- tor, and found by him to be correct and properly vouched.
For the committee,
WILLIAM F. HOUSTON.
- -
- -
....
:
Fifty-Fifth Annual Report OF
The City Auditor
FIFTY-FIFTH ANNUAL REPORT
OF THE
CITY AUDITOR
CITY OF NEWBURYPORT, AUDITOR'S OFFICE, December 16th, 1905.
To the Committee on Finance :
GENTLEMEN :- In conformity with the requirements of the city ordinances, I herewith submit the fifty-fifth an- nual report of the receipts and expenditures of the City of Newburyport, for the financial year ending December 16, 1905, together with a statement of the city debt and debts due the city, and a schedule of the real and personal prop- erty belonging to the city.
I audited the books of the city treasurer and found them correct and properly vouched.
I examined all securities belonging to the city, in pos- session of the city treasurer, including the sinking fund investments and trust funds of the Newburyport public library, and found the same properly accounted for. They
39
40
ANNUAL REPORTS
are in deposit boxes in the Newburyport Five Cents Sav- ings Bank.
I verified the accounts of the collector of taxes, includ- ing the amount committed to him by the assessors, the abatements made by them during the year, and the amount collected.
I audited the books of the treasurer of the board of water commissioners for the year ending November 30, 1905, and found the same correct and properly vouched.
I examined the cash account, kept by the city clerk, of all moneys received by him as fees or otherwise (except dog licenses), during the year ending December 16, 1905, and found the amount to be $503.85. Of this amount the sum of $409.25 has been paid the city treasurer and a re- ceipt taken therefor.
I examined the cash account kept by the city messenger as agent for rental of city hall, of all moneys received by him during the year ending December 16, 1905, and found the amount to be $960, all of which has been paid the city treasurer and a receipt taken therefor.
I examined the cash account kept by the sealer of weights and measures, of all moneys received by him dur- ing the year ending December 16, 1905, and found the amount to be $115.99, all of which has been paid the city treasurer and a receipt taken therefor.
I examined the books of the clerk of the overseers of the poor, and found that the bills as approved correspond with the payments made by the city treasurer.
41
CITY AUDITOR
I examined all bills passed by the committee on ac- counts, as presented weekly and monthly, and found the same correctly cast and accurately placed upon the books.
The books of the city treasurer show an increase of the city debt, during the year ending December 16, 1905, of $24,717.67. The overdraft for the year 1905 is $16,977.82.
Very respectfully,
WILLIAM H. WELCH, City Auditor.
RECEIPTS
The receipts for the year ending December 16, 1905, are shown in aggregates, as credited to the following accounts:
Poor
$ 3,496 71
Schools
2,453 45
Fire.
53 12
Highways .
2, 190 55
Sidewalks and edgestones.
34 48
Incidentals.
397 19
Essex Merrimac bridge
4 40
Curson mill bridge
15 00
Newburyport bridge
128 33
Public property
251 50
Police ..
917 48
Public Library .
1,170 00
Interest on overdue taxes
3,315 33
" bank deposit
1,167 10
from water commissioners
6,002 50
Notes payable
151,475 00
State of Massachusetts, state aid .
11,518 00
military aid.
209 36
66 burial expense
210 00
.
42
ANNUAL REPORTS
State of Massachusetts, corporation tax 1904 .
$ 20 51
corporation tax 1905. 11,313 92
non-resident bauk tax 1904 28 78
66
non-resident bank tax 1905
3,053 73
Non-resident bank tax (city banks)
2,695 40
Bromfield fund .
400 25
Board of health
21 72
City hall.
955 00
Burial lots.
165 00
Dog licenses.
668 59
Liquor licenses
25,275 00
County of Essex (seals).
30 00
Protection of trees
1,006 00
Betterments.
735 06
Tax of 1902
123 06
66 1903
20,991 93
1904.
29,064 06
I 905 .
137,537 99
Watering streets 1903
304 95
1904.
532 08
1905 .
4,708 56
City bonds (372 per cent bridge loan)
66,000 00
Water commissioners (for water bonds)
12,000 00
Sewer construction
733 3I
Making a total of ..
$503,374 40
43
CITY AUDITOR
EXPENDITURES
The expenditures for the year ending December 16, 1905, as approved, are shown in aggregates, as charged to the following accounts:
Poor.
$ 15,965 44
Schools
42,036 50
Fire.
13,676 51
Highways. 14.342 15
Ice and snow
3,522 27
Sidewalks and edgestones
4.093 39
Ashes and rubbish.
1,742 30
Newburyport bridge
67,852 00
Essex Merrimac bridge
I33 48
Curson mill bridge
30 00
Culverts.
1,041 27
Public property
4,635 97
Waterings streets, 1905.
6,797 62
Incidentals
2,890 16
Police
14,227 50
Lighting
14,384 65
Salaries
10,166 67
Fuel
720 48
Public library
4,190 66
Printing .. . . .
663 75
Board of health
1,990 95
State of Massachusetts, state aid .
6.
6
military aid
448 00
burial expense.
245 00
66
corporation tax for 1904. 65 95
66
66
non-resident bank tax for 1905. . .
3,854 99
66
66 state tax for 1905 .
14,247 70
Soldiers' relief
5,604 73
Parks ..
517 65
Parks (Atkinson common).
504 45
Memorial day
250 00
County of Essex ( county tax)
11,567 50
(seals).
30 00
South end reading room.
250 00
11,835 00
44
ANNUAL REPORTS
Elections
$ 1,441 83
Protection of trees
2,192 7I
Interest
34,808 21
Sinking fund commissioners
18,800 00
Anna Jaques Hospital
600 00
Sewer maintenance
254 72
Sewer construction
2,840 50
Notes Payable
145,475 00
Bromfield fund.
167 25
Liquor licenses (25 per cent to state and sundries
6,756 80
Non resident bank tax 1905 ( expenses 79 08
City bonds ( water loan due in 1905 .
12,000 00
Making a total of
$499,940 79
The balance in the treasury at the close of business December 17, 1904, was. $ 23,146 80
The total amount received into the treasury from all sources, from December 18, 1904, to December 16, 1905, inclusive, was .. 503,374 40
Making a total of
$526,521 20
The total amount expended and ordered to be paid from the treasury, from December 18, 1904, to December 16, 1905, inclusive, was 499,940 79
The balance in the treasury at the close of business, December 16, 1905, was. . .
$26,580 41
45
CITY AUDITOR
LEDGER BALANCES
DECEMBER 16, 1905 DR.
Cash.
$ 399 42
First National Bank, Newburyport.
19,088 18
First National Bank, Boston ..
7,092 81
State of Massachusetts, state aid.
10,852 50
military aid.
210 00
burial account.
245 00
Sinking fund commissioners
177,878 35
City of Newburyport
837,041 85
Tax of 1903 .
2,605 19
Tax of 1904
25,848 14
Tax of 1905
59,330 17
Betterments .
2,559 35
Watering streets 1904 .
332 46
1905.
1,246 60
Incidentals
16,977 82
Making a total of
$1, 161,707 84
CR.
Notes payable
$ 136,225 00
City bonds
843,000 00
Sinking fund for ward six engine house.
3,000 00
William H. Bartlett legacy
500 00
Bromfield fund.
299 49
Sinking funds.
177,878 35
Sewer construction
.805 00
Making a total of.
$1,161,707 84
46
ANNUAL REPORTS
STATEMENT OF UNEXPENDED BALANCES
Credited to Incidentals, December 16, 1905.
Poor
$ 31 27
Incidentals
360 40
Salaries
I33 33
Printing
36 25
Military aid
I 00
Parks
7 35
Abatements, tax 1905.
2,449 OI
Ward six engine house
1,000 00
Making a total of . .
$ 4,018 61
Overdraft for the year 1905.
16,977 82
Making a total of
$20,996 43
STATEMENT OF DEFICIT BALANCES
Charged to Incidentals, December 16, 1905
Schools.
$ 2,583 05
Fire.
2,623 39
Highways.
701 60
Ice and snow
I,022 27
Sidewalks and edgestones
2,339 58
Bridges and culverts
1,159 02
Public property
1,064 47
Watering streets
34 90
Police.
810 02
Lighting.
584 65
Fuel.
70 48
Public library .
52 07
Board of health
519 23
Soldiers' relief.
1,104 73
47
CITY AUDITOR
Parks (Atkinson common
$ 4 45
Abatements, tax 1902.
642 32
1903
244 16
66
1904
437 20
Elections
91 83
Protection of trees
186 71
Interest.
3,323 28
Sewer maintenance
54 72
Ashes and rubbish
342 30
Making a total of.
19,996 43
Credit balance, ward six engine house.
1,000 00
Making a total of
$20,996 43
CITY DEBT
Showing the increase and decrease in detail, during the year ending December 16, 1905.
The amount of net city debt, December 17, 1904, was $646,819 16
The city debt has been increased during the year 1905, as follows :
By the amount of note No. 651, issued to the order of J. V. Felker, city treasurer, dated January 26, 1905, payable in nine months, discounted at the rate of 3.24 per cent per annum (temporary loan ... 15,000 00
By the amount of note No. 652, issued to the order of J. V. Felker, city treasurer, dated January 26, 1905, payable in nine months, discounted at the rate of 3.24 per cent per annum (temporary loan ... 15,000 00
48
ANNUAL REPORTS
By the amount of note No. 653, issued to the order of J. V. Felker, city treasurer, dated January 26, 1905, payable in nine months, discounted at the rate of 3.24 per cent per annum (temporary loan ... $10,000 00
By the amount of note No. 654, issued to the order of J. V. Felker, city treasurer, dated January 26, 1905, payable in nine months, discounted at the rate of 3.24 per cent per annum (temporary loan ...
10,000 00
By the amount of note No. 655, issued to the order of J. V. Felker, city treasurer, dated January 26, 1905, payable in nine months, discounted at the rate of 3,24 per cent per annum (temporary loan ...
10,000 00
By the amount of note No. 656, issued to the order of W. F. Houston, trustee under the will of R. W. Drown, dated March 7, 1905, payable in twelve months with interest at the rate of 372 per cent per annum (temporary loan.
1,475 00
By the amount of note No. 657, issued to the order of J. V. Felker, city treasurer, dated March 7, 1905, payable in twelve months, discounted at the rate of 31/2 per cent per annum (temporary loan ...
18,000 00
By the amount of note No. 658, issued to the order of J. V. Felker. city treasurer dated March 21, 1905, payable in twelve months with interest at the rate of 37% per cent per annum (temporary loan ... 1,000 00
49
CITY AUDITOR
By the amount of note No. 659, issued to the order of J. V. Felker, city treasurer, dated March 21, 1905, payable in twelve months with interest at the rate of 312 per cent per annum (temporary loan ... $ 1,000 00
By the amount of note No. 660, issued to the order of J. V. Felker, city treasurer, dated June 20, 1905, payable in four months, discounted at the rate of 314 per cent per annum (temporary loan ...
By the amount of note No. 661, issued to the order of J. V. Felker, city treasurer, dated June 20, 1905, payable in four months, discounted at the rate of 314 per cent per annum (temporary loan ...
By the amount of note No. 662, issued to the order of Institution for Savings in Newburyport and Its Vicinity, dated October 17, 1905, payable in three months with interest at the rate of 412 per cent per annum (temporary loan ...
By the amount of serial bonds, bridge loan of 1905, dated September 1, 1905, prin- cipal payable viz: $6,000 each year for four years, then $7,000 each year for six years. Interest payable semi-annu- ally at the rate of 31/2 per cent per annum, Nos. I to 66 inclusive of the de- nomination of $1,000 each, coupon bonds with the privilege of registration
Making a total of
There has been paid on account of the city debt during the year 1905 notes as fol- lows:
10,000 00
25,000 00
35,000 00
66,000 00
$864,294 16
50
ANNUAL REPORTS
To the order of J. V. Felker, city treasurer, note No. 638, dated April 13, 1903, which matured January 13, 1904, and paid March 21, 1905, bearing interest at the rate of 3%% per cent per annum (tem- porary loan.
To the order of J. V. Felker, city treasurer, note 639, dated April 13, 1903, which matured January 13, 1904, and paid March 21, 1905, bearing interest at the rate of 31/2 per cent per annum (tem- porary loan.
To the order of W. F. Houston, trustee un- der the will of R. W. Drown, note No. 646, dated March 7, 1904, which ma- tured March 7, 1905, bearing interest at the rate of 3% per cent per annum (tem- porary loan
To the order of J. V. Felker, city treasurer, note No. 647, dated March 7, 1904, which matured March 7, 1905, dis- counted at the rate of 3% per cent per annum (temporary loan.
To the order of J. V. Felker, city treasurer, note No. 650, dated December 8, 1904, which matured April 10, 1905, dis- counted at the rate of 334 per annum (temporary loan.
To the order of J. V. Felker, city treasurer, note No. 651, dated January 26, 1905, which matured October 26, 1905, dis- counted at the rate of 3.24 per cent per annum (temporary loan 15,000 00
$ 1,000 00
1,000 00
1,475 00
17,000 00
30,000 00
51
CITY. AUDITOR
To the order of J. V. Felker, city treasurer, note No. 652, dated January 26, 1905, which matured October 26, 1905, dis- counted at the rate of 3.24 per cent per annum (temporary loan.
To the order of J. V. Felker, city treasurer, note No. 653, dated Jan. 26, 1905, which matured October 26, 1905, discounted at the rate of 3.24 per cent per annum (temporary loan.
To the order of J. V. Felker, city treasurer, Note No. 654, dated January 26, 1905, discounted at the rate of 3.24 per cent. per annum (temporary loan. 10,000 00
To the order of J. V. Felker, city treasurer note No. 655 dated January 26, 1905, which matured October 26, 1905, dis- counted at the rate of 3.24 per cent per annum (temporary loan.
To the order of J. V. Felker, city treasurer, note No. 660, dated June 20, 1905, which matured October 20, 1905, discounted at the rate of 314 per cent per annum (tem- porary loan.
To the order of J. V, Felker, city treasurer, note 661, dated June 20, 1905, which matured Oct. 20, 1905, discounted at the rate of 314 per cent per annum (tempo- rary loan) 25,000 00
Water loan of 1904 (serial bonds) Nos. I to 12 inclusive, paid June 1, 1905 12,000 00
$ 15,000 00
10,000 00
10,000 00
10,000 00
52
ANNUAL REPORTS
Sinking funds and other available assets,
December 16, 1905, in excess of amount
December 17, 1904, viz:
1905 (see schedule.
$307,688 17
1904 (see schedule. 272,405 84
Difference.
35,282 33
Making a total of
$192,757 33
Net debt December 16, 1905.
671,536 83
Net debt December 17, 1904. 646,819 16
Increase of net debt during the year
$ 24,717 67 1905
CITY DEBT AND ASSETS
DECEMBER 16, 1905
DEBT
City bonds (general loan), 4 per cent, due 1908. $ 65,000 00
City bonds (new school house loan of 1900), 312 per cent, due 1910 27,500 00
City bonds (general loan), 4 per cent, due I9II. 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), 372 per cent, due 1922. 35,000 00
53
CITY AUDITOR
City bonds (high school loan), 372 per cent, due 1923.
$ 50,000 00
City bonds (sewerage loan), 312 per cent, due 1931.
46,000 00
331,000 00
66,000 00
Notes payable (committee on Sawyer fund), 472 per cent, due on demand, trust fund Notes payable (committee on Brown fund ), 41/2 per cent, due on demand, trust fund
5,000 00
Notes payable (committee on Frothingham fund ), 4 per cent, due on demand, trust fund.
1,000 00
2,000 00
Notes payable (committee on Toppan fund ). 4 per cent, due on demand, trust fund .. 250 00
Notes payable (committee on A. Williams fund), 4 per cent, due on demand, trust fund.
1,000 00
10,000 00
Notes payable (committee on William O. Moseley fund ), 4 per cent, due on de- mand, trust fund .
10,000 00
10,500 00
Notes payable (trustees of Simpson fund), 47/2 per cent, due on demand, trust fund
Notes payable ( trustees of Follansbee fund) 4 per cent, payable on demand, trust fund.
20,000 00
3,000 00
City bonds (water loans), 372 per cent, due 1906 to 1934, (serial .
City bonds (bridge loan), 372 per cent, due 1906 to 1915, (serial.
15,000 00
Notes payable (committee on Green fund), 4 per cent, due on demand, trust fund . .
Notes payable (committee on Todd fund ), 4 per cent, due on demand, trust fund . .
Notes payable (trustees of Margaret At- wood fund), 472 per cent, due on de- mand, trust fund.
54
ANNUAL REPORTS
Notes payable ( overseers of the poor), 41/2 per cent, due on demand, Dexter fund . . $ 2,000 00 Notes payable (temporary loan), 31/2 and 334 per cent, due 1905. 56,475 00
Gross city debt, December 16, 1905
$979,225 00
ASSETS
Taxes of 1903
$ 2,605 19
1904
25,848 14
1905 .
59,330 17
Betterments
2,559 35
Watering streets, 1904.
332 46
I905
1,246 60
State of Massachusetts, state aid .
10,852 50
military aid
210 00
burialaccount.
245 00
Sinking funds
177,878 35
Deposited in First National Bank, New- buryport.
19,088 18
Deposited in First National Bank, Boston. .
7,092 81
Deposited in safe in treasurer's office . .
399 42
Making a total of.
$307,688 17
Total net debt, December 16, 1905 .
$671,536 83
55
CITY AUDITOR
SINKING FUNDS
DECEMBER 16, 1905
Total amount of funds December 17, 1904. . . $153,497 96 Appropriation for the year 1905 . 18,800 00
Income from investments during the year 1905 .
6,871 49
$179,169 45
Paid premium and accrued interest on bonds purchased during the year 1905, viz:
City of Newburyport, 4 per cent, refund- ing bonds.
$1,260 00
City of Newburyport, 3/2 per cent, bridge bonds.
31 IO
1,291 00
Total amount of funds December 16, 1905 . .
$177,878 35
SUMMARY OF INVESTMENTS
City of Newburyport 4 per cent sewer bond. Registered in the name of the sinking fund commissioners, Newburyport. Principal payable November 1, 1919. In- terest payable semi-annually, May I and November I of each year. No. 2 ... $ 5,000 00
City of Newburyport 4 per cent coupon sewer bonds. Principal payable Sep- tember I, 1919, Interest payable semi- annually, March I and September I of each year. Fifteen of the denomina- tion of $1,000 each. Nos, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65 . . . .
15,000 00
56
ANNUAL REPORTS
City of Newburyport 372 per cent sewer bonds, Registered in the name of the sinking fund commissioners, Newbury- port. Principal payable September I, 1931. Interest payable semi-annually, March I and September I 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
City of Newburyport 372 per cent school house loan of 1900. Bonds registered in name of sinking fund commissioners, Newburyport. Principal payable June I, 1910. Interest payable semi-annu- ally, June I and December I of each year. Five of the denomination of $5,000 each, one of the denomination of $2,500. Nos, I, 2, 3. 4. 5, 6 ..
City of Newburyport 372 per cent high school loan of 1902. Principal payable July I, 1922. Interest payable semi-an- nually, January I and July I of each year. Seventeen of the denomination of $1,000 each. Nos. 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35. ..
City of Quincy 4 per cent coupon public water supply loan bond. Principal pay- able May 1, 1912. Interest payable semi-annually, May I and November I of each year. No. 77 .
City of Newburyport, 372 per cent serial water loan bonds. Principal payable, $12,000 June 1, 1906, $12,000 June J, 1907, $12,000 June 1, 1908, interest pay- able semi-annually June I and December I of each year. Forty-eight of the de- nomination of $1000 each, Nos. 13 to 48 inclusive
27,500 00
17,000 00
500 00
36,000 00
57
CITY AUDITOR
City of Newburyport, 372 per cent serial coupon bridge bonds. Principal paya- ble, $6,000, Sept. I. 1906, $6,000 Sept. I, 1907, $4,000, Sept. I, 1908. Interest payable semi-annually, March I and Sept. I of each year. Sixteen of the denomination of $1,000 each, Nos. I to 16 inclusive
$ 16,000 00
City of Newburyport, 4 per cent coupon refunding bonds. Principal payable July 1, 1908. Interest payable semi- annually, Jan. I and July I of each year, thirty-five of the denomination of $1,000 each. Nos. 9 to 43 inclusive 35,000 00
Deposited in the Newburyport Five Cents Savings Bank, book No. 10,244 . 1,505 81
Deposited in the First National Bank, New- buryport
4,372 54
Making a total of $177,878 35
POOR DEPARTMENT
The resources for the year ending December 16, 1905, have been as follows:
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