USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1926 > Part 3
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$1,000.00
88.21
Gift from Newburyport Twilight League
200.00
$1,288.21
.
76
ANNUAL REPORT
Payments
Labor as per payrolls
$787.51
City Teams
21.80
Extra teams hired
59.50
Insurance
40.00
Transfer to Painting Bleachers
200.00
One half cost of fence
30.00
$1,138.81
Balance forward
$149.40
Moseley Woods
Balance forward
$196.53
Appropriation from Cutter Fund
500.00
Sale of wood and hay .
10.00
Income from New England Trust Co.
809.87
$1,516.40
Payments
Salary of caretaker
$694.28
Hardware and equipment
41.62
Machinist and stock
4.08
One half cost of setting two fire hydrants in
Moseley Woods
193.28
933.26
Balance forward
$583.14
Playgrounds
Appropriation $900.00
77
CITY AUDITOR Payments
Salary supervisors
$312.00
Salary assistants
262.80
Carpenter and stock
29.38
Sporting goods and equipment
33.10
Labor as per payrolls
10.00
647.28
Balance to general treasury
$252.72
78
ANNUAL REPORT
UNCLASSIFIED
Memorial Day
Appropriation
$400.00
Payments
Post 49, G. A. R. $400.00
Firemen's Memorial Sunday
Appropriation
$75.00
Payments
Fire Department, Memorial Committee $75.00
Memorial Day for Spanish War Veterans
Appropriation
$25.00
Payments
Spanish War Veterans
$25.00
City Clocks
Appropriation $150.00
79
CITY AUDITOR
Payments
Caretaker of city clocks $150.00
Water for Public Buildings
Appropriation
$1,500.00
Payments
Newburyport Water Works
$1,500.00
Zoning the City
Balance forward, Dec. 19, 1925
$200.00
Balance forward Dec. 18, 1926 $200.00
Other City Properties
Appropriation
$500.00
Rent
50.00
Payments
Plumber and stock
$41.53
Repairing wall at Moseley Woods
8.00
Transfers
350.00
$399.53
Balance to general treasury
$150.47
80
ANNUAL REPORT Judgement Account
Tax Levy, 1926
Balance forward
$8,297.85 582.50
$8,880.35
Payments
Balance payment in 1925
$25.00
Odd Fellows
5,600.00
County Hospital expenses
1,662.85
Stark Mills, tax refund
1,010.00
Martin W. Dugan Co.
582.50
$8,880.35
Bronze Tablets for World War Veterans
Balance forward
$2,309.12
Payments
Postage and stationery
11.39
Balance forward
$2,297.73
Fourth of July Celebration
Transfer
$100.00
Payments
Fourth of July Celebration $100.00
81
CITY AUDITOR
CEMETERIES
Appropriation
$750.00
From general treasury to balance
1.40
$751.40
Payments
Labor as per payrolls
$676.00
Hardware and equipment
23.90
Use of driveway
20.90
Water
15.00
Iron work on vault
16.50
.
$751.40
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
$4,047.05
Payments
To Teachers Retirement Association
$4,01- 05
Uncalled for Claims
Balance Dec. 19, 1925
$1,023.94
Payments
Claims paid during year
648.84
Balance forward $375.10
State of Massachusetts, Seal Bounty
Payments
For seals shot
$10.50
83
CITY AUDITOR
Receipts
Balance forward
$.50
From State
10.00
$10.50
-
Sale of Real Estate
Balance forward
$7,133.93
Payments
Transfer to indebtedness, School Bldg. loan
$7,133.93
Tax Title
Cr.
Sale of property No. 5 Water St.
$101.70
Cost of deed
4.00
Deed of release
3.00
Interest at 8%
3.26
Charge as per statute
1.00
$112.96
Dr.
Redemption of property
$112.96
84
ANNUAL REPORT
PUBLIC SERVICE ENTERPRISES
Water Works
Balance Dec. 19. 1925
$1,041.09
Maintenance Accounts
Receipts
Water rates
$55,754.87
Meter rates
13,102.21
Sundry water receipts
512.40
City for fire service and bldgs. . ..
5,000.00
Miscellaneous maintenance receipts
1,552.32
Interest on deposits
45.70
$75,967.50
Payments for Maintenance
Pumping station
$18,548.70
Pumping station, Artichoke
5,296.72
General maintenance
6,253.20
Hydrant maintenance
761.75
Gate maintenance
261.53
Reservoir maintenance
46.96
Meter maintenance
126.39
Service pipe maintenance
2,723.73
Main pipe maintenance
7,638.80
Filter bed maintenance
447.95
Artichoke River maintenance
318.59
Automobile
106.39
Total maintenance 42,530.71
Net earnings
$33,436.79
85
CITY AUDITOR
Payments for Debt
Bonds retired
$24,000.00
Interest on bonds
7,007.50
31,007.50
Excess after debt requirements $2,429.29
Excess in maintenance balance
$3,470.38
New Construction Accounts
Receipts
Service pipe construction
$563.14
Extension of mains
217.18
Hydrant construction
193.28
$973.60
Payments
Extension of mains
$281.68
Hydrant construction
615.52
Service pipe construction
1,765.57
Gate construction
203.56
Meters
51.09
Service pipe construction, Newbury
249.74
New pump
268.50
Extension of mains, Newbury · 342.35
Total new construction $3.778.01
Debt of construction account $2,804.41
Balance, December 18, 1926 $665.97
86
ANNUAL REPORT
INTEREST
Balance forward
$9,164.78
Appropriation 34,000.00
$43,164.78
Revenue, Credited to Income Account
Interest on overdue taxes and assessments
$6,225.06
Interest from water commissioners
7,007.50
Interest on bank deposits
2,621.35
$15,853.91
Payments
Interest on :
Plum Island Bridge Loan
$1,010.43
Water Bonds
6,902.50
Sewer Bonds
1,771.50
Police Station Bonds
40.00
Reconstruction of Highway loans
9,743.00
Central Park and Playgrounds bonds
680.00
New Primary Schoolhouse bonds
7,118.71
City Hall heating plant
180.00
Revenue loans
4,509.42
$32,415.26
Balance forward
$10,749.52
87
CITY AUDITOR
MUNICIPAL INDEBTEDNESS
-
Gross city debt December 19, 1925 $677,774.91
Debts incurred during 1926
County Hospital Loan
$22,288.54
Revenue Loans
250,000.00
$272,288.54
Debts Paid During Year
Sewer loan
$2,500.00
Water Bonds
24,000.00
Police Station Bonds
2,000.00
Paving State Street loan
1,000.00
Reconstruction High Street
18,500.00
Plum Island Bridge loan
1,500.00
New Primary Schoolhouse loan
9,000.00
Reconstruction Merrimac St.
20,000.00
Central Park & Playground
1,000.00
Widening and Reconstruction Merri-
mac Street
25,000.00
Revenue loans
250,000.00
City Hall heating plant
2,000.00
$356,500.00
Decrease in debt during year $84,211.46
Gross city debt December 18, 1926 $593,563.45
88
ANNUAL REPORT
TRUST FUND INCOME
Atwood Fund
Cr.
Balance Dec. 19, 1925
$875.00 399.32
From trustees of trust funds
$1,274.32
Dr.
598.00
Cash payments to beneficiaries
Balance Dec. 18, 1926
$676.32
Balch Fund
Cr.
From trustees of trust funds
$493.43
City Parks
$493.43
Bromfield Fund
Cr.
From trustees of trust funds $510.48
Dr.
CITY AUDITOR Dr.
89
Sidewalks and Edgestones
$255.24
Tree Department
255.24
$510.48
Cole Fund
Cr.
From trustees of trust funds
$97.50
Dr.
To Public Library Salaries
$97.50
A. Gertrude Cutter Fund
Cr.
From trustees of trust funds
$4,100 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
Atkinson Common for walk
1.000.00
$4,100.00
Dexter Fund
Cr.
Balance Dec. 19, 1925
$479.76
From trustees of trust funds
86.58
Balance forward
$566.34
90
ANNUAL REPORT Follansbee Fund Cr.
Balance Dec. 18, 1925
$284.74
From trustees of trust funds
154.89
$439.63
Dr.
Fuel for beneficiaries
$176.75
Balance Dec. 18, 1926
$262.88
Gorwaiz Fund
Cr.
From trustees of trust funds
$5.05
Dr.
Atkinson Common
$5.05
Chas. Knight Fund
Cr.
From trustees of trust funds
$20.25
Dr.
Atkinson Common
$20.25
Paul A. Merrill Fund
Cr.
Balance Dec. 19, 1925 $47.50
From trustees of trust funds 50.00
$97.50
91
CITY AUDITOR
Dr.
School prizes $47.50
Balance Dec. 18, 1926
$50.00
Simpson Fund
Cr.
From trustees of trust funds
$844.68
Dr.
To street sprinkling
$844.68
R. M. Toppan Fund
Balance Dec. 19, 1925
$24.38
From trustees of trust funds
11.88
Balance Dec. 18, 1926 $36.26
92
ANNUAL REPORT
CITY DEBTS AND ASSETS
December 18, 1926
Bonds and Notes
Rate Issued
Due
Amount
Sewer
31/2%
1901
Sept. 1,
1931
$46,000.00
Sewer
4
%
1925
Oct.
5,
1927
2,000.00
Water
3.1/2 %
1904
June
1,, 1927-34
88,000.00
Water
4 %
1908
July
1, 1927-38
30,000.00
Water
41/2%
1914
Oct.
1, 1927-44
18,000.00
Water
4 %
1924
Dec.
1,
1927-29
30,000.00
Reconstruction State St. 4.80
1919
Nov.
1, 1927-29
3,000.00
Plum Island Bridge
41/4 %
1922
Dec.
1, 1927-41
22,274.91
Reconst. Merrimac St. . 4 %
1922
July
1,
1927
20,000.00
Cent. Park & Playg'nd . 4
%
1922
July
1,
1927-42
16,000.00
Wid. & Reconst. Merri-
mac St.
414%
1923
June
1, 1927-33
105,000.00
Wid. & Reconst. Merri. mac St.
414%
1923
June
1, 1927-28
10,000.00
Schoolhouse
414%
1922
Dec.
1,
1927-42
120,000.00
Schoolhouse
414%
1922
Dec.
1,
1927-42
24,000.00
City Hall Heating Plant 414 %
1923
Aug. 10,
1927
2,000.00
Wid. & Reconst. Merri- mac St.
4 1/2 %
1923
Dec.
1,
1927-33
35,000.00
Cnty. Tuberculosis Hos-
pital
41/8 %
1926
Feb. 12, 1927-46
22,288.54
-
$593,563.45
ASSETS
Taxes of 1925 uncollected
$35,428.86
Taxes of 1926 uncollected
108,828.74
$144,257.60
Sprinkling of Streets 1925 uncollected 508.74
CITY AUDITOR
Preservation Trees, 1925 uncollect-
ed 38.45
Preservation Trees, 1926 uncollect-
ed 124.97
163.42
Cash in Atlantic National Bank ..
6,503.98
Cash in First and Ocean Natl. Bank
28,362.52
Cash in Merchants National Bank
32,807.84
Cash in Treasurer's Office
627.30
68,301.64
Sinking Furcs 42,944.26
$256,175.66
Total net debt Dec. 18, 1926
337,387.79
Total net debt Dec. 19, 1925
431,723.94
Decrease in net debt
$94,336.15
.
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
19:25
431,723.94
51,621.21
1926
337,387.79
94,336.15
*Water Plant acquired in 1904
95
CITY AUDITOR
SINKING FUNDS
In Hands of Sinking Fund Commissioners
Cash on hand December 19, 1925
0.00
Receipts During Year
Income from investments
$1,621.67
Payments
Deposited in Institution for Savings
1,621.67
Cash on hand December 18, 1926 .
0.00
Investment Account
Total securities, December 19, 1925
$41,322.59
Securities purchased, deposited in Institution for
Savings 1,621.67
Total securities December 18, 1926
$42,944.26
The above funds are appropriated to retire the city debt as follows:
SEWERAGE LOAN
$46,000, 31/2 1/2 due Sept. 1, 1931 Total Fund, Dec. 19, 1925 $41,322.59
Net income 1926 1,621.67
$42,944.26
96
ANNUAL REPORT
Invested
Newburyport Water 31/2 % due June 1, 1928
$1,000.00
B. & M. R. R. 5% due Sept. 1, 1941
5,000.00
B. & M. R. R. 6% to June 1, 1930, 5% to June 1, 1945
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
7,944.26
$42,944.26
Bonds Deposited with Commissioners
J. L. McLean, City Marshal, $1,000 Massachusetts Bonding & Insurance Co., expires January 1, 1928.
H. W. Little, City Clerk, $3,000 Massachusetts Bonding & Insurance Co., expires January 1, 1928.
H. S. Noyes, Secretary and Treasurer of Water Works, $5,000, Fidel- ity & Deposit Co., of Maryland, expires July 10, 1927.
Chas. E. Houghton, Treasurer and Collector, $42,660, Maryland Casual- ty Co., expires January 3, 1928.
BORROWING CAPACITY
Additional
Year
Valuation
Assessments
Total Valuation
Abatements
Valuation
1924
$13,097,062
$17,700
$13,114,762
$105,000
$13,009,762
1925
13,536,200
7,260
13,543,460
108,500
13,434,960
1926
13,545,360
1,800
13,547,160
101,200
13,445,960
Average valuation for three years
$13,296,894
Debt limit 21/2% of $13,296,894
332,422.35
City debt omitting revenue loans
593,563.45
97
CITY AUDITOR
Debts Outside the Limit, Allowed by Special Acts
Sewer (Acts 1889 and 1900)
$48,000.00
Water (Acts 1894, 1908 and 1913) .
166,000.00
Plum Island River Bridge (Act 1921) 22,274.91
Merrimac Street Loan (Acts 1922)
20,000.00
Widening and Reconstruction Mer- rimac St. (Acts 1913)
115,000.00
New Primary School (Acts 1922) .. 120,000.00
County Hospital loan (Acts 1924) 22,288.54
Total loans outside limit 513,563.45
Debt within the limit
80,000.00
Total sinking funds 42,944.26
Less for debt outside limit
42,944.26
0.00
Net debt within the limit $80,000.00
Borrowing capacity Dec. 18, 1926
$252,422.35
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 Funds under Chapter 64, Acts of 1917, and the income turned over to the city.
99
CITY AUDITOR
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 been verified and checked.
Peabody and Public Library Building Funds. Income has been verified, vouchers checked up and principal accounted for.
The Wheelwright Fund. The accounts of the Treasurer for the year ending Oct. 31, 1926, have been audited and found correct; also the securi- ties have been counted and found to agree with the treasurers' accounts.
The following is a statement of the conditions of said funds:
In the hands of the Trustees of Newburyport Trust Funds.
Cash Account
Cash on hand Dec. 19, 1925 Receipts During Year
$5,291.19
Securities sold and matured
$1,761.60
Income from investments
11,349.49
Premiums
255.90
Interest on Cutter income
282.28
$13,649.27
Payments
Securities purchased
2,017.50
Purpose donated
7,903.66
Added to principal
946.85
City of Newburyport from Cutter
fund
4,100.00
14,968.01
Decrease in cash on hand 1,318.74 Cash on hand Dec. 18, 1926 $3,972.45
100
ANNUAL REPORT
Investment Account
Total Funds, Dec. 19, 1925
$241,972.66
Interest added to
Class 1917 fund
6.34
Class 1918 fund
6.08
Fire insurance fund 934.43
Premiums added to investment
255.90
$243,175.41
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
$264.32 Poor and Religious
Five Cents Savings Bank, City
Demand
5,500.00
275.00
Poor and Religious
Balch
Institution for Savings, City
Demand
5,000.00
240.30
Bartlett Mall
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Bartlett Mall
Institution for Savings, City
Demand
1,000.00
48.05
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Mass. Hospital Life Ins. Co.
Demand
10,000.00
500.00
Sidewalks and Trees
First and Ocean Natl. Bank, City
Demand
10.48
Sidewalks and Trees
Moses Brown
Institution for Savings, City
Demand
5,000.00
240.30
Schools
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Schools
Provident Inst. for Sav., Amesbury
Demand
5,000.00
227.52
Schools
Class of 1917 N.H.S.
U. S. 2nd Liberty Bond, 414 % Five Cents Savings Bank, City
Demand
47.59
2.09
Memorial
Class of 1918 N.H.S.
U. S. 3rd Liberty Bond, 41/4 %
Sept. 15, 1928
100.00
1.83
Memorial
Lucy G. B. Colby
Five Cents Savings Bank, City Five Cents Savings Bank, City
Demand
700.00
47.50
Supt. of Reading Room
Charlotte C. Cole
Institution for Savings, City
Demand
1,000.00
50.00
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
50.00
Npt. & Newbury Books
John J. Currier A. E. Cutter
'Five Cents Savings Bank, City Newburyport 31/2% Sewer Bonds Five Cents Savings Bank, City
Sept. 1, 1931
3,000 00
50.63
Gen'l Use of Library
Nov. 1, 1953
832.07
35.00
Beautifying the City
Oct. 1, 1995
771.06
40.00
Beautifying the City
Jan. 1, 1948
623.19
50.00
Beautifying the City
4.25
Memorial
Demand
42.51
35.00
Replacement Old Books
Demand
1,000.00
105.00
Gen'l Use of Library
Demand
1,000.00
A. Gertrude Cutter
City of New York, 31/2 % Atchison, Topeka, Santa Fe, 4% New Amsterdam Gas, 5%
Nov. 15, 1942
100.00
4.25
Memorial
!
J. M. Bradbury C. N. Bradstreet John Bromfield
.
Name of Fund
SCHEDULE OF INVESTMENTS-(Continued) 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
American Tel. & Tel. Co., 4%
July 1, 1929
3,680.00
160.00
Beautifying the City
U. S. 4th Liberty Bonds, 414 %
Oct. 15, 1938
12,849.75
637.50
Beautifying the City
U. S. 4th Liberty Bonds, 41/4% U. S. 3rd Liberty Bonds, 414 %
Oct. 15, 1938
1,433.52
70.13
Beautifying the City
Five Cents Savings Bank, City
Demand
12,449.17
630.23
Beautifying the City
Institution for Savings, City
Demand
16,227.10
756.60
Beautifying the City
Annie D. Davis Timothy Dexter
Five Cents Savings Bank, City American Tel. & Tel. Co. 4% Institution for Savings, City 4th Liberty Bonds, 41/4 %
July 1, 1929
1,862.50
80.00
Poor
Demand
137.50
6.58
Poor
Nathan D. Dodge
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
Bks. & Papers for Libr.
Susan M. Donnell
Institution for Savings, City Am. Tel. & Tel. Co. 4%
Demand
3,000.00
142.50
Gen'l Use of Library
L. M. Follansbee
July 1, 1929
2,793.75
120.00
Poor
Institution for Savings, City
Demand
206 25
9.89
Poor
Five Cents Savings Bank, City
Demand
500.00
25.00
Poor
Daniel Foster
Five Cents Savings Bank, City Haverhill Savings Bank
Demand
1,000.00
50.00
Books for Library
A. M. Gorwaiz
Five Cents Savings Bank, City
Demand
100.00
5.05
Atkinson Common
S. A. Green
Salem Five Cents Savings Bank
Demand
2,000.00
96.00
Books for Library
George Haskell
Demand
1,072.50
50.92
Books for Library
Charles H. Knight
Demand
400.00
20.25
Atkinson Common
S. W. Marston
Newburyport Sewer Bonds, 31/2%
Sept. 1, 1931
4,000.00
140.00
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Paul A. Merrill
Five Cents Savings Bank, City
Demand
1.000.00
50.00
School Prize
Demand
250.00
12.50
Books for Library
Joseph A. Frothingham
Demand
1,000.00
50.00
Aged Ladies
Sept. 15, 1928
29.52
Beautifying the City
Institution for Savings, City Five Cents Savings Bank, City
Name of Fund
SCHEDULE OF INVESTMENTS (Continued) Investment Date Due
Amount
Income
Purpose
E. S. Moseley
Newburyport Sewer Bonds, 3 1/2 %
Sept. 1, 1931
4,000.00
140.00
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
W. O. Moseley
American Tel. & Tel. Co., 4%
July 1, 1929
1,792.50
80.00
Gen'l Use of Library
Boston & Albany R. R., 4%
May 1, 1933
1,980.00
80.00
Gen'l Use of Library
Chicago B. & S. R. R., 4% March 1, 1958
1,942.50
80.00
Gen'l Use of Library
N. Y. N. H. & H. R. R., 4%
March 1, 1947
947.50
40.00
Gen'l Use of Library
B. & M. R. Series R 5%
May 1, 1940
1,965.00
100.00
Gen'l Use of Library
City of Revere, 41/2 %
May 15, 1928
1,000.00
45.00
Gen'l Use of Library
Institution for Savings, City
Demand
406.60
19.51
Gen'l Use of Library
Salem Savings Bank
Demand
5,000.00
237.50
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
B. & M. R. R. Series V, 4-5%
March 1, 1942
2,940.00
120.00
Sprinkling Streets
Institution for Savings, City
Demand
930.00
44.68
Sprinkling Streets
J. R. Spring
Institution for Savings, City
Demand
10,000.00
475.00
Books for Library
Demand
10,000.00
500.00
Books for Library
E. H. Stickney
Dec. 1, 1995
5,069.65
250.00
Gen'l Use of Library
Institution for Savings, City
Demand
5,524.01
207.84
Gen'l 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
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
B. & M. R. R. 5%
May 1, 1940
1,965.00
100.00
Reading Room
M. P. Sawyer M. H. Simpson
Five Cents Savings Bank, City B. & O. R. R. 5%
B. G. Sweetser W. C. Todd
Name of Fund
R. N. Toppan A. Williams Fire Insurance Fund
SCHEDULE OF INVESTMENTS-(Continued) Investment Date Due
Amount
Income
Purpose
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
48 00
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
11,292.87
534.43
Replace Loss by Fire
243,175.41 11,349.49
105
CITY AUDITOR RECAPITULATION
Funds for :
Funds
Income
Purchase of books for Library
$38,967.50
$1,875.55
General use of library
39,627.76
1,680.42
Reading room supplies
15,000.00
677.68
Reading room salary
2,000.00
97.50
Funds for local books
1,000.00
50.00
Funds for replacement of old books
700.00
35.00
Benefits of schools
15,000.00
720.95
Sprinkling of streets
20,000.00
844.68
Sidewalks and trees
10,000.00
510.48
Benefit of Poor
5,500.00
241.47
Municipal fire insurance
20,749.12
934.43
Bartlett Mall
10,000.00
493.43
School Prize
1,250.00
61.88
Religious work and poor
11,000.00
539.32
Atkinson Common
500.00
25.30
Aged Ladies
1,000.00
50.00
Memorial
290.10
12.42
Beautifying the city
50,590.93
2,498.98
$243,175.41
$11,349.49
TRUST FUNDS UNDER CONTROL OF SPECIAL TRUSTEES MOSES ATKINSON FUND
Benefit of Schools
Investment of Fund
March 31, 1927
20 shares Merchant National Bank, City
$400.00
7 shares First and Ocean National Bank, City
350.00
Institution for Savings, City Five Cents Savings Bank, City
2,247.91
2,664.05
10 acres Salt Marsh, Salisbury
$5,661.96
106
ANNUAL REPORT
Receipts
Merchants National Bank dividend
$48.00
First and Ocean Bank dividend
28.00
Five Cents Savings Bank 187.50
$263.50
Expenditures
Deposited in Five Cents Savings Bank
$76.00
Teaching Evening School . 125.00
Janitor Services . . 62.50
$263.50
GEORGE PEABODY FUND
To Purchase Books for Library Investment of Fund
Institution for Savings $15,000.00
Total Fund $15,000.00
Statement of Receipts and Payments
Receipts
Cash on hand Dec. 1, 1925
$349.25
Dividend April 1926
337.50
Dividend October 1926
375.00
$1,061.75
Payments
Books
$615.50
Postage
.64
616.14
Balance on hand Nov. 30, 1926
$445.61
107
CITY AUDITOR LIBRARY BUILDING FUND Maintenance of Buildings Investment of Fund
Institution for Savings, City $11,252.23
Total Fund
11,252.23
Statement of Receipts and Payments
Receipts
· Balance on hand Dec. 1, 1925
$230.63
Six months interest, Institution for Savings April 1926 241.56
October 1926
274.42
$746.61
Payments
F. Grover
$19.81
H. V. Noyes
13.76
H. D. Allen & Sons
17.10
James Guy
28.60
R. G. Adams
31.98
Deposited, Institution for Savings
515.98
$627.23
Dec. 1, 1926, Balance in Merchants Natl. Bank $119.38
WILLIAM WHEELWRIGHT FUND
Scientific Fund
Investment of Fund, Oct. 31, 1926
noal estate by foreclosure and in possession $6,000.00
Mortgages on real estate 29,700.00
Fonds 416,756.35
108
ANNUAL REPORT
Stocks
126,667.27 6,400.97
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