USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1925 > Part 3
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Teaming
2.00
Street sprinkling commitment
26.50
991.47
Balance forward
$32.56
Riverside Park
Appropriation
$100.00
Payments
Labor as per payrolls
$4.00
Extra labor and teams hired
83.95
87.95
Balance forward.
$12.05
Central Park and Playgrounds
Balance forward $183.04
Appropriation 1,000.00
$1,183.04
Payments
Labor as per payrolls $739.00
Carpenter and stock 11.88
76
ANNUAL REPORT
Mason and stock
30.95
313.00
Extra teams hired
$1,094.83
Balance forward $88.21
Care of Moseley Woods
Balance forward
$61.03
Appropriation
500.00
Income from New England Trust Co.
812.93
Sale of hay
5.00
Sale of wood
20.00
$1,398.96
€
Payments
Salary of caretaker
$860.00
Labor and teaming
10.00
Crushed stone
10.25
Hardware
13.63
Repairs to swings
17.10
Repairs to fountain
3.69
Bronze tablets
280.00
Pres. of Trees commitment
7.76
$1,202.43
Balance forward
$196.53
Playgrounds
Appropriation
$900.00
From general treasury to balance 22.70
$922.70
77
CITY AUDITOR Payments
Salaries of supervisors
$320.00
Salaries of assistants
288.00
Carpenter and stock
243.57
Sporting goods and equipment
71.13
$922.70
78
ANNUAL REPORT
1
UNCLASSIFIED
Memorial Day
Appropriation
$400.00
Payments
Quartermaster, Post 49, G. A. R. .
$400.00
:
Firemen's Memorial Sunday
Appropriation
$75.00
Payments
Fire Department, Memorial Committee
$75.00
Fourth of July
Transfer from Street Sweeper
$100.00
Payments
Celebration committee $100.00
City Clocks
Appropriation $150.00
CITY AUDITOR 79
Payments
Salary of caretaker of clocks
$150.00
Water for Public Buildings
Appropriation
$1,500.00
Payments
Newburyport Water Works
$1,500.00
Zoning the City
Transfer from Street Sweeper
$200.00
Balance forward
$200.00
Other City Properties
Appropriation
$500.00
Rent
260.00
From general treasury to balance
65.87
$825.87
Payments
Services of auctioneer
$20.00
Advertising and printing
4.70
Rent of land, B. & M. R. R.
300.00
Removal of fountain
13.20
Independent Ice Co. .
487.97
$825.87
80
ANNUAL REPORT
Judgement Account
Tax levy, 1925
$1,056.30
Balance forward
25.00
$1,081.30
Payments
Balance forward
$550.00
Katie B. Merrill case
506.30
James Wilkinson & Son case
25.00
$1,081.30
Bronze Tablets for World War Veterans
Balance forward $2,364.03
Payments
Stationery and office supplies
$22.06
Clerical work 32.85
54.91
Balance forward $2,309.12
81
CITY AUDITOR
CEMETERIES
Appropriation
$900.00
Sale of material
6.00
From general treasury to balance
128.25
$1,034.25
Payments
Supervision
$150.00
Labor as per payrolls
554.00
Hardware and equipment
35.05
Rent of land for driveway
20.00
Water
15.00
Surveys and plans
100.00
Printing and advertising
2.70
Street sprinkling commitment
157.50
$1,034.25
Highland Cemetery Fence
Transfer from Street Sweeper
$1,100.00
Payments
Fence
$1,100.00
82
ANNUAL REPORT
--
TEMPORARY ACCOUNTS
Building Permits
Permits issued by City Clerk $140.00
Payments
To inspector of buildings
$140.00
Teachers Retirement Association
From Teachers
..
$4,119.48
Payments
To Teachers Retirement Association
$4,119.48
Uncalled for Claims
Balance Dec. 20, 1924
$1,035.14
Uncalled for claims during year
41.71
$1,076.85
Payments
Claims called for during year
52.91
Balance forward $1,023.94
83
CITY AUDITOR County of Essex (Dog Account)
Balance, Dec. 20, 1924 $4.00
From County of Essex $4.00
State of Massachusetts (Seal Bounty)
Payments
For seals shot
$4.50
Receipts
From State of Massachusetts
$5.00
Balance forward
$.50
Sale of Real Estate
Balance forward
$10,266.65
Balance due from sale of Hancock St. School
2,375.00
Sale of ward room 500.00
$13,141.65
Payments
Surveying
$10.00
Recording deed
2.72
Transfer to New Primary School
5,395.00
Transfer to Merrimac St. wid. and reconst. 600.00
(Indebtedness accounts)
6,007.72
Balance forward
$7,113.93
84
ANNUAL REPORT
PUBLIC SERVICE ENTERPRISES
Water Works
Balance Dec. 20, 1924
$1,139.65
Maintenance Accounts
Receipts
Water rates
$54,679.14
Meter rates
12,350.90
Sundry water receipts
447.54
City for fire service and buildings
5,000.00
Miscellaneous maintenance receipts .
1,339.44
Interest on deposits
473.64
$74,290.66
Payments for Maintenance
Pumping station
$20,545.67
Pumping station, Artichoke
8,144.46
General maintenance
5,182.00
Hydrant maintenance
633.14
Gate maintenance
181.91
Reservoir maintenance
50.69
Meter maintenance
62.68
Service pipe maintenance
2,331.56
Maine pipe maintenance
4,098.94
Filter bed maintenance
125.55
Artichoke River maintenance
135.69
Automobile
432.28
Frog Pond maintenance
70.00
Wood clearing
1,478.06
Total maintenance
43,472.63
Net earnings
$30,818.03
85
CITY AUDITOR
Payments for Debt
Bonds retired
$25,000.00
Interest on bonds 7,957.50
$32,957.50
Deficit after debt requirements $2,139.47
Deficit in maintenance balance $999.82
New Construction Accounts
Receipts
Bond issue
$50,000.00
Service pipe construction
1,128.18
Extension of mains
196.31
New Pump
75.00
Premium on bonds
. 3.54.72
$51,754.21
Payments
Extension of mains
$2,550.06
Hydrant construction
955.48
Service pipe construction
1,271.05
Gate construction
286.80
Meters
39.45
Service pipe construction, Newbury. .
571.97
New pump
43,021.56
Extension of mains, Newbury
1,016.93
Total new construction 49,713.30
Credit of construction account
$2,040.91
Balance December 19, 1925
$1,041.09
86
ANNUAL REPORT
INTEREST
Balance forward
$6,612.85
Appropriation 38,000.00
$44,612.85
Revenue, Credited to Income Accounts
Interest on overdue taxes and assessments
$4,874.68
Interest from water commissioners 7,957.50
On bank deposits
2,111.30
$14,943.48
Payments
Interest on:
Plum Island Bridge Loan
$1,074.18
Currier School Bonds
80.00
Water Bonds
8,035.00
Sewer Bonds
1,610.00
New Police Station Bonds
60.00
Reconstruction Highway loans
13,422.00
Central Park and Playgrounds bonds
720.00
New Primary Schoolhouse Bonds
6,460.03
City Hall Heating Plant
270.00
Revenue Loans
3,716.86
$35,448.07
Balance forward
$9,164.78
87
CITY AUDITOR
MUNICIPAL INDEBTEDNESS
Gross city debt, December 20, 1924 $743,274.91
Debts incurred during 1925
Water Loan
$50,000.00
Sewer Construction Loan
4,500.00
Revenue Loans
250,000.00
$304,500.00
Debts paid during year
Schoolhouse Bonds
$2,000.00
Water bonds .
25,000.00
Police Station bonds
2,000.00
Paving State Street loan
1,000.00
Recon. High and State St. bonds
3,000.00
Recon. High Street
28,500.00
Plum Island Bridge loan
1,500.00
New Primary Schoolhouse loan
9,000.00
Recon. Merrimac Street
20,000.00
Central Park and Playground loan .
1,000.00
Widening and Recon. Merrimac St. ..
25,000.00
Revenue Loans
250,000.00
City Hall Heating Plant
2,000.00
$370,000.00
Decrease in debt during year
$65,500.00
Gross city debt Dec. 19, 1925 $677,774.91
88
ANNUAL REPORT
TRUST FUND INCOME
Atwood Fund
Cr.
Balance Dec. 20, 1924
$988.42
From trustees of trust funds
385.58
$1,384.00
Dr.
Cash payments to beneficiaries
509.00
Balance Dec. 19, 1925
$875.00
Balch Fund
Cr.
From trustees of trust funds
$480.62
Dr.
City Parks
$480.62
Bromfield Fund Cr.
From trustees of trust funds $551.97
89
CITY AUDITOR
Dr.
Sidewalks and Edgestones
$275.98 275.99
Tree Warden Department
$551.97
Cole Fund
Cr.
From trustees of trust funds
$95.00
Dr
To Public Library Salaries
$95.00
A. Gertrude Cutter Fund
Cr.
From trustees of trust funds
$3,100.00
Dr.
City Parks
$500.00
Atkinson common
1,000.00
Riverside Park
100.00
Central Park and Playgrounds
1,000.00
Moseley Woods
500.00
$3,100.00
Dexter Fund
Cr.
Balance Dec. 20, 1924
$406.64
From trustees of trust funds
86.57
$493.21
90
ANNUAL REPORT
Dr.
Shoes for beneficiaries
13.45
Balance Dec. 19, 1925
$479.76
Follansbee Fund
Cr.
Balance Dec. 20, 1924
$295.37 153.92
From trustees of trust funds
$449.29
Dr.
Fuel for beneficiaries
$164.55
Balance Dec. 19, 1925
$284.74
Gorwaiz Fund
Cr.
From trustees of trust funds
$4.80
Dr.
Atkinson Common
$4.80
Chas. Knight Fund
Cr.
From trustees of trust funds
$19.23
Dr.
Atkinson Common $19.23
91
CITY AUDITOR Paul A. Merrill Fund Cr.
Balance, Dec. 20, 1924
$47.50
From trustees of trust funds
47.50
$95.00
Dr.
School prizes
$47.50
Balance Dec. 19, 1925
$47.50
Simpson Fund
Cr.
Balance Dec. 20, 1924
$22.89
From trustees of trust funds
844.69
$867.58
Dr.
To street sprinkling
$867.58
R. M. Toppan Fund
Cr.
Balance Dec. 20, 1924
$12.50
From trustees of trust funds
. 11.88
Balance Dec. 19, 1925
$24.38
92
ANNUAL REPORT
1
City Debts and Assets
December 19, 1925
Bonds and Notes
Rate Issued
Due
Amount
Sewer
31/2%
1901
Sept. 1, 1931
$46,000.00
Sewer
4 %
1925
Oct. 5, 1926-1927
4,500.00
Water
31/2%
1904
June 1, 1926-1934
99,000.00
Water
4
%
1908 July 1, 1926-1938
32,000.00
Water
41/2%
1914
Oct. 1, 1926-1944
19,000.00
Water
4
%
1924
Dec. 1, 1926-1929
40,000.00
Police Building
4
%
1911
May 1, 1926
2,000.00
Reconstruc. State St. .
4.80
1919
Nov. 1, 1926-1929
4,000.00
Reconstruc. High St. ..
6
%
1921
June 1, 1926
15,000.00
Reconstruc. High St. .. 5.10
1921
Nov. 1, 1926
2,500.00
Reconstruc. High St. .. 4.85
1921
Dec. 1, 1926
1,000.00
Plum Island Bridge ..
41/4 %
1922
Dec. 1, 1926-1941
23,774.91
Recons. Merrimac St. .. 4
%
1922
July 1, 1926-1927
40,000.00
Cent. Park & Playgr. .. 4
%
1922
July 1, 1926-1942
17,000.00
Widen. and Re. Merri- mac St.
41/4%
1923
June 1, 1926-1933
120,000.00
Widen. and Re. Merri-
mac St.
41/4%
1923
June 1, 1926-1928
15,000.00
Schoolhouse
41/4%
1922
Dec. 1, 1926-1942
127,500.00
Schoolhouse
41/4%
1922
Dec. 1, 1926-1942
25,500.00
City Hall Heating Pl. . 414%
1923
Aug. 10, 1926-1927
4,000.00
Widen. and Re. Merri-
mac St.
41/2 %
1923
Dec. 1, 1926-1933
40,000.00
$677,774.91
ASSETS
Taxes of 1921 uncollected
$53.00
Taxes of 1923 uncollected
91.70
Taxes of 1924 uncollected
35,322.57
Taxes of 1925 uncollected
102,610.70
$138,077.97
93
CITY AUDITOR
Sprinkling of Streets, 1920 uncoll. ..
$99.23
Sprinkling of Streets, 1921 uncoll. . . 24.84
Sprinkling of Streets, 1922 uncoll. .. 25.94
Sprinkling of Streets, 1923 uncoll. .. 1.35
Sprinkling of Streets, 1924 uncoll. .. 248.63
Sprinkling of Streets, 1925 uncoll. ..
1,493.64
1,893.63
Preservation Trees, 1919 uncoll. $2.80
Preservation Trees, 1920 uncoll.
16.20
Preservation Trees, 1921 uncoll.
17.30
Preservation Trees, 1922 uncoll.
12.10
Preservation Trees, 1923 uncoll. .75
Preservation Trees, 1924 uncoll.
48.65
Preservation Trees, 1925 uncoll.
164.45
262.25
Betterments uncollected
24.10
Cash in Atlantic National Bank . $10,536.76
Cash in First and Ocean Natl. Bank . 29,541.25
Cash in Merchants National Bank .. 24,195.61
Cash in Treasurer's office
196.81
Sinking Funds
$64,470.43 41,322.59
$246,050.97
Total net debt Dec. 19, 1925
$431,723.94
Total net debt Dec. 20, 1924 $483,345.15
Decrease in net debt $51,621.21
94
ANNUAL REPORT ANNUAL NET DEBT STATEMENT
The following table shows the net debt at the close of each fiscal year beginning with the year 1899:
Year
Net Debt
Increase
Decrease
1899
.$289,556.47
$88,720.10
1900
286,876.59
2,689.88
1901
317,272.13
$30,395.54
1902
321,725.39
4,453.26
1903
369,687.30
47,961.91
1904
646,819.16
277,131.86*
1905
671,536.83
24,717.67
1906
630,305.15
41,231.68
1907
569,120.73
34,184.42
1908
586,259.64
9,861.09
1909
589,904.27
3,644.63
1910
541,348.34
48,555.93
1911
507,916.05
33,432.29
1912
518,129.41
10,213.36
1913
464,470.01
53,659.40
1914
471,146.63
6,676.62
1915
426,408.64
44,747.99
1916
360,438.53
65,970.11
1917
295,736.53
64,702.00
1918
253,982.14
41,754.39
1919
250,963.43
3,045.71
1920
262,265.30
11,328.87
1921
279,088.07
16,907.76
1922
308,249.20
29,161.13
1923
505,966.24
197,717.04
1924
483,345.15
22,621.09
1925
431,723.94
51,621.21
*Water Plant acquired in 1904
95
CITY AUDITOR
Sinking Funds
In Hands of Sinking Fund Commissioners
Cash on hand Dec. 20, 1924
0.00
Receipts during year
Income from investments
$1,632.59
Securities sold and matured 2,000.00
$3,632.59
Payments
Deposited in Institution for Savings
3,632.59
Cash on hand Dec. 19, 1925
0.00
Investment Account
Total securities, Dec. 20, 1924
$39,690.00
Securities purchased, deposited Ins. for Savings .. 3,632.59
$43,322.59
Securities sold and matured
2,000.00
Total securities Dec. 19, 1925
$41,322.59
The above funds are appropriated to retire the city debt as follows:
SEWERAGE LOAN
$46,000, 31/2% due Sept. 1, 1931
Total Fund, Dec. 20, 1924 $39,690.00
Net income 1925 1,632.59
$41,322.59
96
ANNUAL REPORT
Invested
Newburyport Water 31/2% due June 1, 1928 $1,000.00
B. & M. R. R. 4% due Sept. 1, 1926 5,000.00
B. & M. R. R. 6% due June 1, 1930 2,000.00
Lake Shore & Michigan R. R. 4% due May 1, 1931 . 1,000.00
Newburyport Sewer 31/2% due Sept. 1, 1931 26,000.00
Institution for Savings, City 6,322.59
$41,322.59
Bonds Deposited with Commissioners
J. L. McLean, City Marshal, $1,000.00 Massachusetts Bonding & In- surance Co., expires Jan. 1, 1926.
H. W. Little, City Clerk, $3,000.00 Massachusetts Bonding & Insurance Co., expires Jan. 6, 1926.
H. S. Noyes, Secretary and Treasurer of Water Works, $5,000.00 Fidelity and Deposit Co., of Maryland, expires July 10, 1926.
Chas. E. Houghton, Treasurer and Collector, $30,000.00 Maryland Casualty Co., expires Jan. 7, 1926.
BORROWING CAPACITY
Year
Valuation
Additional Assessments
Total Valuation
Abatements
Net Valuation
1923
$12,615,470
$11,750
$12,627,220
$49,850
$12,577,370
1924
13,097.062
17,700
13,114,762
102,000
13,012,762
1925
13,536,200
7,260
13,543,460
98,650
13,444,810
Average valuation for three years .$13,011,647
Debt limit 21/2% of $13,011,647
$325,291.17
City debt omitting revenue loans $677,774.91
97
CITY AUDITOR
Debts outside the limit, allowed by Special Acts :
Sewer, (Acts 1889 and 1900) .. $46,000.00
Water, (Acts 1894, 1908, and 1913) . 190,000.00
Plum Island R. Bridge Loan (Acts 1921)
23,774.91
Merrimac Street Loan 40,000.00
Widening and Rec. Merrimac St. 135,000.00
New Primary School loan
127,500.00
Total loans outside limit
562,274.91
Debt within limit
$115,500.00
Total sinking funds
$41,322.59
Less for debt outside limit
41,322.59
Sinking funds for debt inside limit
0.00
Net debt within the limit
$115,500.00
Borrowing capacity Dec. 19, 1925
$209,791.17
98
ANNUAL REPORT
Trust Funds
THE LAW. Chapter 322
An act to provide for the auditing of certain trust funds and accounts. Be it enacted, etc., as follows:
Section 1. It shall be the duty of city and town auditors at least once every year, and so much oftener as they deem it necessary, to audit the ac- counts of the trustees of any property, the principal or income of which, in whole or in part, was bequeathed or given in trust for the benefit of the city or town or any part thereof; or for the benefit of the inhabitants of the city or town or any part thereof, and to examine and estimate the funds, securities, and evidence of property held by such trustees. City and town auditors shall include in their annual report a report of such auditing and investigation; and if they discover any fraud or irregularity they shall immediately report the same to the Mayor and Treasurer of the city or to the Selectmen or Treasurer of the town.
Section 2. It shall be the duty of the trustees designated in section one hereof to give city and town auditors free access to their accounts, funds, securities and evidence of property; and any such trustee who re- fuses to exhibit his trust accounts, funds, securities and evidences aforesaid shall be subject to a fine of not less than fifty nor more than two hundred dollars.
Section 3. This act shall be construed as applying to property held in trust for public uses. (Approved May 9, 1904.)
Trust funds in which the City of Newburyport and its inhabitants are interested may be divided into two classes, viz .: funds bequeathed or given direct to the city, and funds given to special trustees, the income of which is used for the benefits of any of its inhabitants.
The first class is invested by the Trustees of the Newburyport Trust
CITY AUDITOR
99
Funds under Chapter 64, Acts of 1917, and the income turned over to the city.
The second class is invested by special trustees appointed by the donor, and such boards fill their own vacancies. It would seem that the city had assumed no responsibility for such funds, and it may be a question if they come under the preceding law, but such trustees have been requested to allow examination of said funds and accounts.
Trust funds held by Trust Fund Commissioners have been verified and the income traced to its proper accounts.
The Atkinson fund, held by special trustees, has not filed its report.
Peabody and Public Library Funds. Income has been verified, vouch- ers checked up and principal accounted for.
The Wheelwright Fund. The accounts of the Treasurer for the year ending Oct. 31, 1925, have been audited and found correct; also the securi- ties have been counted and found to agree with the treasurers' accounts.
In the hands of the Trustees of Newburyport Trust Funds.
The following is a statement of the condition of said funds:
Cash Accounts
Cash on hand Dec. 20, 1924
$4,424.62
Receipts during year
A. Gertrude Cutter
$1,282.49
Securities sold and matured
6,377.47
Income from investments
11,171.61
Premiums
622.53
Interest on Cutter income
228.71
$19,682.81
Payments
Securities purchased
$7,000.00
Purpose donated
7,827.65
Added to principal
888.59
City of Newburyport from Cutter
income
3,100.00
18,816.24
Increase in cash on hand
866.57
Cash on hand Dec. 19, 1925
$5,291.19
100
ANNUAL REPORT
Deposited in the Institution for Savings and Five Cents Savings Bank, Newburyport belongs to A. G. Cutter Fund Income.
INVESTMENT ACCOUNT
Total Funds, Dec. 20, 1924 $240,461.54
Interest added to
Class 1917 fund
5,95
Class 1918 fund
5.71
Fire insurance fund
865.52
Lucy G. B. Colby fund 11.41
Premiums added to investment . 622.53
$241,972.66
SCHEDULE OF INVESTMENTS And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
Margaret Atwood
Institution for Savings, City
Demand
$5,500.00
$264.33
Poor and Religious
Five Cents Savings Bank, City
Demand
5,500.00
261.25
Poor and Religious
Balch
Institution for Savings, City
Demand
5,000.00
240.31
Bartlett Mall
Five Cents Savings Bank, City
Demand
5,000.00
240.31
Bartlett Mall
Institution for Savings, City
Demand
1,000.00
48.06
General Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
48.06
General Use of Library
Mass. Hospital Life Ins. Co.
Demand
10,000.00
525.00
Sidewalks and Trees
First and Ocean Natl. Bank, City
Demand
26.97
Sidewalks and Trees
Moses Brown
Institution for Savings, City
Demand
5,000.00
240.31
Schools
Five Cents Savings Bank, City
Demand
5,000.00
240.31
Schools
Provident Inst. for Sav., Amesbury
Demand
5,000.00
227.52
Schools
Class of 1917 N.H.S.
U. S. 2nd Liberty Bond, 41/4 % Five Cents Savings Bank, City
Demand
41.25
1.70
Memorial
Class of 1918 N.H.S.
U. S. 3rd Liberty Bond, 41/4 %
Sept. 15, 1928
100.00
4.25
Memorial
Five Cents Savings Bank, City
Demand
36.43
1.46
Memorial
Lucy G. B. Colby
Five Cents Savings Bank, City Institution for Savings, City
Demand
1,000.00
47.50
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
47.50
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
47.50
N'pt & Newbury Bks.
John J. Currier A. E. Cutter
Newburyport 31/2% Sewer Bonds
Sept. 1, 1931
3,000 00
105.00
General Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
48.06
General Use of Library
A. Gertrude Cutter
City of New York, 31/2 %
Nov. 1, 1953
832.07
35.00
Beautifying the City
Oct. 1, 1995
771.06
40.00
Beautifying the City
Atchison,, Topeka, Santa Fe, 4% New Amsterdam Gas, 5%
Jan. 1, 1948
623.19
50.00
Beautifying the City
Demand
700.00
33.06
Rep'c'ment Old Books
Charlotte C. Cole
Nov. 15, 1942
100.00
4.25
Memorial
J. M. Bradbury C. N. Bradstreet John Bromfield
Name of Fund
Investment
Date Due
Amount
Income
Purpose
Long Island R. R., 4%
July 1, 1931
868.55
40.00
Beautifying the City
Chicago and Erie R. R., 5%
May 1. 1982
856.52
50.00
Beautifying the City
Baltimore & Ohio R. R., 31/2 %
July 1, 1925
70.00
Beautifying the City
American Tel. & Tel. Co., 4%
July 1, 1929
3,680.00
160.00
Beautifying the City
U. S. 4th Liberty Bonds, 41/4 %
Oct. 15, 1938
12,849.75
637.50
Beautifying the City
U. S. 4th Liberty Bonds, 41/4 %
Oct. 15, 1938
1,433.52
70.12
Beautifying the City
U. S. 3rd Liberty Bonds, 414 %
Sept. 15, 1928
1,761.60
85.00
Beautifying the City
Five Cents Savings Bank, City
Demand
12,449.17
598.33
Beautifying the City
Institution for Savings, City
Demand
14,209.60
609.29
Beautifying the City
First and Ocean Natl. Bank, City
Demand
10.13
Beautifying the City
Annie D. Davis Timothy Dexter
Five Cents Savings Bank, City American Tel. & Tel. Co. 4%
July 1, 1929
1,862.50
80.00
Poor
Institution for Savings, City
Demand
137.50
6.57
Poor
Nathan D. Dodge
4th Liberty Bonds, 41/4 %
Oct. 15, 1938
1,000.00
42.50
Books for Library
W. H. P. Dodge
Institution for Savings, City
Demand
2,645.00
125.63
B'ks & Papers for Lib.
Susan M. Donnell L. M. Follansbee
Institution for Savings, City Am. Tel. & Tel. Co. 4%
July 1, 1929
2,793.75
120.00
Poor
Institution for Savings, City
Demand
206 25
9.90
Poor
Five Cents Savings Bank, City
Demand
500.00
24.00
Poor
Daniel Foster
Five Cents Savings Bank, City Haverhill Savings Bank
Demand
1,000.00
50.00
Books for Library
Five Cents Savings Bank, City
Demand
100.00
4.80
Atkinson Common
S. A. Green
Salem Five Cents Savings Bank
Demand
2,000.00
95.00
Books for Library
George Haskell
Institution for Savings, City
Demand
1,072.50
50.92
Books for Library
Charles H. Knight
Five Cents Savings Bank, City
Demand
400.00
19.23
Atkinson Common
S. W. Marston
Newburyport Sewer Bonds, 31/2 %
Sept. 1, 1931
4,000.00
140.00
General Use of Library
Demand
1,000.00
47.50
Aged Ladies
Demand
3,000.00
142.50
General Use of Library
Demand
250.00
11.88
Books for Library
Joseph A.Frothingham
A. M. Gorwaiz
SCHEDULE OF INVESTMENTS-(Continued)
Name of Fund
Paul A. Merrill E. S. Moseley
W. O. Moseley
American Tel. & Tel. Co., 4%
July 1, 1929
1,792.50
80.00
General Use of Library
Boston & Albany R. R., 4%
May 1, 1933
1,980.00
80.00
General Use of Library
Chicago B. & S. R. R., 4%
March 1, 1958
1,942.50
80.00
General Use of Library
N. Y. N. H. & H. R. R., 4%
March 1, 1947
947.50
40.00
General Use of Library
Fitchburg R. R. 5% (Defaulted)
May 1, 1925
1,965.00
90.00
General Use of Library
City of Revere, 41/2 %
May 15, 1928
1,000.00
45.00
General Use of Library
Institution for Savings, City
Demand
406.60
19.51
General Use of Library
Salem Savings Bank
Demand
5,000.00
225.00
Books for Library
American Tel. & Tel. Co., 4%
July 1, 1929
3,585.00
160.00
Sprinkling Streets
Boston & Albany R. R., 4%
May 1, 1933
3,960.00
160.00
Sprinkling Streets
C. B. & Q. R. R., 4%
March 1, 1958
3,885.00
160.00
Sprinkling Streets
N. Y. N. H. & H. 4%
July 1, 1955
4,700.00
200.00
Sprinkling Streets
Fitchburg R. R., 4%
March 1, 1927
2,940.00
120.00
Sprinkling Streets
Institution for Savings, City
Demand
930.00
44.69
Sprinkling Streets
J. R. Spring
Institution for Savings, City
Demand
10,000.00
475.00
Books for Library
Five Cents Savings Bank, City
Demand
10,000.00
475.00
Books for Library
Old Colony R. R. Co., 4%
Dec. 1, 1925
200.00
General Use of Library
B. & O. R. R. 5%
Dec. 1, 1995
5,069.65
250.00
General Use of Library
Institution for Savings, City
Demand
5,524.01
25.18
General Use of Library
Institution for Savings, City
Demand
5,000.00
237.50
Books for Library
Am. Tel. & Tel. Co., 4%
July 1, 1929
1,792.50
80.00
Reading Room
Boston & Albany R. R., 4%
May 1, 1933
1,980.00
80.00
Reading Room
Date Due
Amount
Income
Purpose
Demand
1,000.00
48.06
General Use of Library
Demand
1,000.00
47.50
School Prize
Sept. 1, 1931
4,000.00
140.00
General Use of Library
Newburyport Sewer Bonds, 31/2% Five Cents Savings Bank, City
Demand
1,000.00
48.06
General Use of Library
M. P. Sawyer M. H. Simpson
E. H. Stickney
B. G. Sweetser W. C. Todd
SCHEDULE OF INVESTMENTS-(Continued)
Investment
Five Cents Savings Bank, City Five Cents Savings Bank, City
Name of Fund
SCHEDULE OF INVESTMENTS-(Continued)
Investment
Date Due
Amount
Income
Purpose
Chicago B. & Q. R. R., 4%
March 1, 1958
1,942.50
80.00
Reading Room
N. Y. N. H. & H. 4%
March 1, 1947
1,895.00
80.00
Reading Room
Fitchburg R. R., 4% (Defaulted)
May 1, 1925
1,965.00
90.00
Reading Room
Institution for Savings, City
Demand
5,425.00
257.68
Reading Room
Institution for Savings, City
Demand
250.00
11.88
School Prize
Salem Five Cents Savings Bank
Demand
1,000.00
47.50
Books for Library
American Tel. & Tel. Co., 4%
July 1, 1929
4,631.25
200.00
Replace Loss by Fire
N. Y. N. H. & H. R. R., 4%
July 1, 1955
4,825.00
200.00
Replace Loss by Fire
Five Cents Savings Bank, City
Demand
10,358.44
465.52
Replace Loss by Fire
241,972.66
11,171.61
R. N. Toppan A. Williams Fire Insurance Fund
105
CITY AUDITOR RECAPITULATION
Funds for :
Funds
Income
Purchase of books for Library
$38,967.50
$1,835,93
General use of library
39,627.76
1,677.49
Reading room supplies
15,000.00
567.68
Reading room salary
2,000.00
95.00
Funds for local books
1,000.00
47.50
Funds for replacement of old books
700.00
33.06
Benefit of schools
15,000.00
708.14
Sprinkling of streets
20,000.00
844.69
Sidewalks and trees
10,000.00
551.97
Benefit of Poor
5,500.00
240.49
Municipal fire insurance
19,814.69
865.52
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