USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1927 > Part 3
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110.50
Service pipe construction, Newbury
167.53
Real estate
1,595.80
Total new construction 7,369.21
Debit of construction account $6,115.38
Balance December 17, 1927
$680.74
Interest
Balance forward Appropriation
$10,749.52
30,000.00
Accrued interest on Sewer Loan
10.67
$40,760.19
79
CITY AUDITOR
Revenue, Credited to Income Account
Interest on overdue taxes and assessments
$6,388.32
Interest from water commissioners
6,097.50
Interest on bank deposits
2,129.22
$14,615.04
Payments
Interest on:
Plum Island Bridge Loan
$946.70
Water Bonds
6,097.50
Sewer Bonds
1,690.00
Reconstruction of Highway loans
7,130.25
Central Park and Playgrounds bonds
640.00
New Primary Schoolhouse bonds
6,077.51
City Hall heating plant
90.00
Revenue loans
4,093.90
County Tuberculosis Hospital
892.82
27,658.68
Balance forward
$13,101.51
Municipal Indebtedness
Gross city debt December 18, 1926 $593,563.45
Debts incurred during 1927
Public Library Heating
$4,000.00
Sewer Loan
2,000.00
Revenue Loans
300,000.00
$306,000.00
Debts paid during Year
Sewer loan
$2,000.00
Water Bonds
25,000.00
Paving State Street loan
1,000.00
Plum Island Bridge loan
1,500.00
New Primary Schoolhouse loan
9,000.00
Reconstruction Merrimac St.
20,000.00
80
ANNUAL REPORT
Central Park and Playground
1,000.00
Wid. and Re. Merrimac Street
25,000.00
Revenue loans
300,000.00
City Hall heating plant
2,000.00
County Tuberculosis Hospital
1,288.54
387,788.54
Decrease in debt during year
$81,788.54
Gross city debt Dec. 17, 1927
$511,774.91
81
CITY AUDITOR
TRUST FUND INCOME
Atwood Fund
Cr.
Balance Dec. 18, 1926 *From trustees of trust funds
$676.32 399.33
Dr.
Cash payments to beneficiaries 410.00
Balance Dec. 17, 1927
$665.65
* Total income of fund $539.33. For other purposes $140.00
Balch Fund
Cr.
From trustees of trust funds $493.44
Dr.
City Parks
$493.44
Bromfield Fund
Cr.
From trustees of trust funds $500.00
.
$1,075.65
82
ANNUAL REPORT Dr.
Sidewalks and Edgestones
Tree Department
$250.00 250.00
$500.00
Brown Fund
Cr.
From trustees of trust funds
$746.57
Dr.
To Income of Education
$746.57
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
$3,000.00
Dr.
City Parks
$500.00
Atkinson Common
1,000.00
Central Park and Playgrounds
1,000.00
Moseley Woods
500.00
$3,000.00
83
CITY AUDITOR
Dexter Fund
Cr.
Balance Dec. 18, 1926
$566.34
From trustees of trust funds
86.57
Balance December 17, 1927
$652.91
Follansbee Fund
Cr.
Balance Dec. 18, 1926
$262.88
From trustees of trust funds
154.90
Dr.
$133.65
Balance December 17, 1927
$284.13
Gorwaiz Fund
Cr.
From trustees of trust funds
$5.05
Dr.
Atkinson Common
$5.05
Charles Knight Fund
Cr.
From Trustees of trust funds $20.25
Dr.
Atkinson Common $20.25
$417.78
Fuel for beneficiaries
84
ANNUAL REPORT
Paul A. Merrill Fund Cr.
Balance December 18, 1926
$50.00
From trustees of trust funds
50.00
Balance December 17, 1927 $100.00
Simpson Fund
Cr.
From trustees of trust funds
$859.69
Dr.
To street sprinkling
$859.69
R. M. Toppan Fund
Balance December 18, 1926
$36.26
From trustees of trust funds 11.88
Balance December 17, 1927 $48.14
85
CITY AUDITOR
Newburyport, Mass. Dec. 17, 1927
Credits, Expenditures and Balances of Public Library Book Accounts at close of city's books on December 17, 1927
Balance at beginning of
Balance at end
Fund
year
Credits Expenditures
year
Lucey G. B. Colby
$17.50
35.00
31.01
21.49
John J. Currier
195.70
50.00
40.00
205.70
Nathan D. Dodge
43.48
42.50
23.28
59.70
W. H. P. Dodge
502.60
125.63
119.98
508.25
Daniel Foster
8.03
12.50
4.66
15.87
Joseph A. Frothingham
25.00
50.00
56.20
18.80
S. A. Green
11.09
96.00
102.57
4.52
George Haskell
25.64
50.92
52.31
24.25
Matthias Plant Sawyer
46.34
250.00
293.34
3.00
John R. Spring
371,95
985.53
976.17
381.31
B. G. Sweetser
39.25
237.50
256.08
20.67
William C. Todd
93.82
677.68
562.14
209.36
Abraham Williams
24.50
48.00
34.63
37.87
1,404.90
2,661.26
2,555.37
1,510.79
Balance of book accounts December 18, 1926
$1,404.90
Income and credits for year
$2,661.26
Expenditures for year
2,555.37
Increase in cash on hand
105.89
Balance on December 17, 1927
$1,510.79
of
-
86
ANNUAL REPORT
CITY DEBTS AND ASSETS
December 17, 1927
Bonds and Notes
Rate Issued
Due
Sewer
31/2 %
1901
Sept.
1,
1931
Amount $46,000.00
Sewer
4 %
1927
Dec.
12,
1928
2,000.00
Water
31/2%
1904
June
1,
1928-34
77,000.00
Water
4 %
1908
July
1, 1928-38
27,000.00
Water
4 1/2 %
1914
Oct.
1,
1928-44
17,000.00
Water
4 %
1924
Dec.
1,
1928-29
20,000.00
Reconstruction of State St.
4.80
1919
Nov.
1,
1928-29
2,000.00
Plum Island Bridge.
4 1/4 %
1922
Dec.
1,
1928-41
20,774.91
Central Park and Play- ground
4 %
1922
July
1,
1928-42
15,000.00
Widening and Reconst. Merrimac St.
41/4 %
1923
June
1, 1928-33
90,000.00
Widening and Reconst. Merrimac St.
41/4 %
1923
June
1,
1928
5,000.00
Schoolhouse
4 1/4 %
1922
Dec.
1,
1928-42
112,500.00
Schoolhouse
4 1/4 %
1922
Dec.
1,
1928-42
22,500.00
Widening and
Recon.
Merirmac St.
41/2 %
1923
Dec.
1,
1928-33
30,000.00
County
Tuberculosis
Hospital
41/8 %
1926
Feb. 12,
1928-46
21,000.00
Public Library
Heat-
ing Plant
4 %
1927
Dec. 12,
1928-29
4,000.00
$511,774.91
ASSETS
Taxes of 1925 uncollected
$510.16
Taxes of 1926 uncollected
33,027.91
Taxes of 1927 uncollected
104,621.03
$138,159.10
CITY AUDITOR
: ,87
Preservation of Trees 1926 Uncollect
27.50
Preservation of Trees 1927 Uncollect
206.01
233.51
Cash in Atlantic National Bank $21,277.94
Cash in First and Ocean Nat'l Bank
24,689.89
Cash in Merchant's National Bank
27,337.61
Cash in Treasurer's office
358.56
Sinking Funds
73,664.00 44,692.79
256,749.40
Total net debt Dec. 17, 1927
$255,025.51
Total net debt Dec. 18, 1926
337,387.79
Decrease in net debt
$82,362.28
88
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 $88,720.10
1899
$289,556.47
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
1926
337,387.79
94,336.15
1927
255,025.50
82,362.28
*Water Plant acquired in 1904
89
CITY AUDITOR
SINKING FUNDS
In Hands of Sinking Fund Commissioners
Cash on hand December 18, 1926
0.00
Receipts during year
Income from investments
$1,748.53
Payments
Deposited in Institution for Savings
1,748.53
Cash on hand December 17, 1927 0.00
Investment Account
Total securities, December 18, 1926 $42,944.26
Securities purchased, deposited in Institution for
Savings 1,748.53
Total securities December 17, 1927 $44,692.79
The above funds are appropriated to retire the city debts as follows:
SEWERAGE LOAN
$46,000, 314 % due Sept. 1, 1931
Total Fund, Dec. 18, 1926 $42,944.26
Net income 1927
1,748.53
$44,692.79
90
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% 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
9,692.79
$44,692.79
Bonds Deposited with Commissioners
J. L. McLean, City Marshal, $1,000 National Surety Company, expires January 1, 1929.
H. W. Little, City Clerk, $3,000 National Surety Company, Expires January 1, 1929.
H. S. Noyes, Secretary and Treasurer of Water Works, $5,000, Fidelity and Deposit Company of Maryland, expires July 10, 1928.
Charles E. Houghton, Treasurer and Collector of Taxes, $64,500, Aetna Casualty and Surety Company, expires January 3, 1929.
BORROWING CAPACITY
Additional
Total
Year
Valuation Assessments
Valuation
Abatements
Valuation
1925
$13,536,200
$7260
$13,543,460
$135,500
$13,407,960
1926
13,545,360
1800
13,547,160
119,350
13,427,810
1927
13,563,310
5250
13,568,560
53,625
13,514,935
Average valuation for three years
$13,450,235
Debt limit 21/2 % of $13,450,235
336,255.87
City debt omitting revenue loans
$511,774.91
91
CITY AUDITOR
Debts outside the limit allowed by special Acts
Sewer (Acts 1899 and 1900)
$48,000.00
Water (Acts 1894, 1908, 1913)
141,000.00
Plum Isl. Bridge (Act 1921)
20,774.91
Wid. Re. Merrimac St. (Acts 1923)
95,000.00
New Primary School (Acts 1922) 112,500.00
County Hospital Loan (Acts 1924)
21,000.00
Total loans outside the limit
$438,274.91
Debt within the limit
$73,500.00
Total sinking funds
$44,692.79
Less for debts outside the limit
44,692.79
00.00
Net debt within the limit 73,500.00
Borrowing capacity Dec. 17, 1927
$262,755.87
92
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.
93
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. 18, 1926
$3,972.45 -
Receipts during year
Securities sold and matured
$100.00
Income from investments
11,488.98
Interest on Cutter Fund income
211.87
11,800.85
Payments
Securities purchased
$100.00
Purpose donated
8,004.00
Added to principal
992.24
City of Newburyport from Gertrude
Cutter Fund income
3,000.00
12,096.24
Decrease in cash on hand
295.39
Cash on hand Dec. 17, 1927
$3,677.06
94
ANNUAL REPORT
Investment Account
Total Funds, Dec. 18, 1926 Interest added to
$243,175.41
Class of 1917 Fund
6.64
Class of 1918 Fund
6.40
Fire Insurance Fund
979.20
$244,167.65
Newburyport, Mass. December 17, 1927
Credits, Expenditures and Balances of Public Library Book Accounts at close of city's books on December 17, 1927.
Balance at beginning of
Fund
Year
Credits
Expenditures
Balance at end of Year
Lucy G. B. Colby
$17.50
$35.00
$31.01
$21.49
John J. Currier
195.70
50.00
40.00
205.70
Nathan D. Dodge
43.48
42.50
26.28
59.70
W. H. P. Dodge
502.60
125.63
119.98
508.25
Daniel Foster
8.03
12.50
4.66
15.87
Joseph A. Frothingham
25.00
50.00
56.20
18.80
S. A. Green
11.09
96.00
102.57
4.52
George Haskell
25.64
50.92
52.31
24.25
Matthias P. Sawyer
46.34
250.00
293.34
3.00
John R. Spring
371.95
985.53
976.17
381.31
B. G. Sweetser
39.25
237.50
256.08
20.67
William C. Todd
93.82
677.68
562.14
209.36
Abraham Williams
24.50
48.00
34.63
37.87
$1,404.90
$2,661.26
$2,555.37
$1,510.79
Balance of book accounts Dec. 18, 1926
$1,404.90
Income and credits for year
$2,661.26
Expenditures for year
2,555.37
Increase of cash on hand
105.89
Balance on Dec. 17, 1927
$1,510.79
95
CITY AUDITOR
Recapitulation
Funds for:
Funds
Income
Purchase of books for Library
$38,967.50
$1,888.05
General Use of Library
39,627.76
1,738.09
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
746.57
Sprinkling of streets
20,000.00
859.69
Sidewalks and trees
10,000.00
500.00
Benefit of poor
5,500.00
241.47
Municipal fire insurance
21,728.32
979.20
Bartlett Mall
10,000.00
493.44
School Prize
1,250.00
61.88
Religious work and poor
11,000.00
539.33
Atkinson Common
500.00
25.30
Aged Ladies
1,000.00
50.00
Memorial
303.14
13.04
Beautifying the city
50,590.93
2,492.74
$244,167.65
$11,488.98
SCHEDULE OF INVESTMENTS And Purpose for Which Income is Used
Name of Fund Margaret Atwood
Investment
Date Due
Amount
Income
Purpose
Institution for Savings, City
Demand
$5,500.00
$264.33
Poor and Religious
Five Cents Savings Bank, City
Demand
5,500.00
275.00
Poor and Religious
Institution for Savings, City
Demand
5,000.00
240.31
Bartlett Mall
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Bartlett Mall
Institution for Savings, City Five Cents Savings Bank, City Mass. Hospital Life Ins. Co.
Demand
1,000.00
48.06
Gen'l Use of Library
Demand
1,000.00
50.63
Gen'l Use of Library
Demand
10,000.00
500.00
Sidewalks and Trees
Institution for Savings, City Five Cents Savings Bank, City
Demand
5,000.00
253.13
Schools
Provident Inst. for Sav., Amesbury
Demand
5,000.00
253.13
Schools
Class of 1917 N. H. S.
U. S. 2nd Liberty Bond, 41/4 % Five Cents Savings Bank, City
Demand
154.23
2.39
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
48.91
2.15
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
50.00
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
50.00
Npt. & Newbury Books
Newburyport 31/2% Sewer Bonds
Sept. 1, 1931
3,000.00
105.00
Gen'l Use of Library
Five Cents Savings Bank, City City of New York, 31/2 %
Demand
1,000.00
50.63
Gen'l Use of Library
Nov. 1, 1953
832.07
35.00
Beautifying the City
Atchison, Topeka, Santa Fe, 4%
Oct. 1, 1995
771.06
40.00
Beautifying the City
New Amsterdam Gas, 5%
Jan. 1, 1948
623.19
50.00
Beautifying the City
Long Island R. R., 4%
July 1, 1931
868.55
40.00
Beautifying the City
Balch
J. M. Bradbury C. N. Bradstreet John Bromfield Moses Brown
Demand
5,000.00
240.31
Schools
Nov. 15, 1942
called
4.25
Memorial
Demand
700.00
35.00
Replacement Old Books
Charlotte C. Cole
John J. Currier A. E. Cutter
A. Gertrude Cutter
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income Purpose
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, 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
Five Cents Savings Bank, City
Demand
12,449.17
630.23
Beautifying the City
Institution for Savings, City
Demand
16,227.10
779.89
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
6.57
Poor
Oct. 15, 1938
1,000.00
42.50
Books for Library
Demand
2,645.00
125.63
Bks. & Papers for Libr.
Institution for Savings, City Institution for Savings, City Am. Tel. & Tel. Co. 4%
Demand
3,000.00
142.50
Gen'l Use of Library
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
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
Demand
100.00
5.05
Atkinson Common
S. A. Green
Demand
2,000.00
96.00
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
20.25
Atkinson Common
Sept. 1, 1931
4,000.00
140.00
Gen'l Use of Library
Demand
1,000.00
50.63
Gen'l Use of Library
Paul A. Merrill
Newburyport Sewer Bonds. 31/2 % Five Cents Savings Bank, City Five Cents Savings Bank, City
Demand
1,000.00
50.00
School Prize
Demand
1,000.00
50.00
Aged Ladies
Nathan D. Dodge W. H. P. Dodge Susan M. Donnell L. M. Follansbee
Demand
250.00
12.50
Books for Library
Joseph A. Frothingham
Five Cents Savings Bank, City Salem Five Cents Savings Bank
S. W. Marston
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Investment
Date Due
Amount
Income
Purpose
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
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, 442 %
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
250.00
Books for Library
M. P. Sawyer M. H. Simpson
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
135.00
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 B. & O. R. R. 5%
Demand
10,000.00
500.00
Books for Library
E. H. Stickney
Institution for Savings, City
Demand
5,524.01
265.50
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
Name of Fund E. S. Moseley
B. G. Sweetser W. C. Todd
Dec. 1, 1995
5,069.65
250.00
Gen'l Use of Library
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
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
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
12,272,07
579.20
Replace Loss by Fire
$244,167.65 $11,488.98
R. N. Toppan A. Williams Fire Insurance Fund
TABULAR STATEMENT OF CITY, COUNTY AND STATE TAXES FROM 1851 TO 1925 INCLUSIVE Including rate of taxation per $1,000 and the number of polls.
Year
No. Polls
Valuation of Real Estate
Valuation of Personal Estate Including Resident Bank Tax
Total Valuation
Amount of City Tax
Amount of State Tax
Amount of County Tax
Total Tax
Taxation
per $1,000
1851
2517
$2,596,400
$2,880,200
$5,476,600
$33,597.98 43,504.74
$5,227.76
$38,825.74
$6.40
1852
2827
2,764,800
2,796,700
5,561,500
5,227.76
48,732.50
8.00
1853
2997
2,902,100
2,931,500
5,833,600
40,232.74
$2,787.00
5,227.76
48,257.59
7.50
1854
2770
3,302,500
3,483,000
6,785,500
41,434.50
2,787.00
7,432.00
51,653.50
7.00
1855
2977
3,440,100
3,554,000
7,003,100
48,877.80
4,180.50
7,432.00
60,500.30
8.00
1856
2972
3,453,500
3,762,700
7,216,200
50,931.70
5,574.00
9,290.00
65,795.70
8.50
1857
2705
3,424,200
3,603,600
7,027,800
49,656.70
8,361.00
9,290.00
67,307.80
9.00
1858
2708
3,287,100
3,529,300
6,816,400
48,582.63
3,344.00
7,560.21
59,486.84
8.00
1859
2529
3,212,700
3,630,000
6,842,700
58,741.88
2,790.00
8,505.24
70,037.12
9.60
1860
2412
3,200,800
3,544,800
6,745,600
61,654.80
2,327.00
8,694.24
72,674.04
10.20
1861
2430
3,150,600
3,447,500
6,608,100
60,521.79
2,346.00
9,369.85
72,237.74
10.40
1862
2462
3,056,000
3,163,450
6,219,450
62,648.67
14,076.00
7,808.29
84,532.96
12.80
1863
2348
3,048,700
3,395,000
6,443,700
68,337.11
18,768.00
7,808.29
94,913.40
14.00
1864
2528
3,268,700
3,452,000
6,693,700
72,193.84
18,768.00
7,805.96
98,767.80
14.00
1865
3000
3,349,200
4,032,800
7,382,000
90,336.05
36,660.00
8,188.95
135,195.00
17.50
1866
3126
3,373,700
3,834,500
7,208,200
129,768.35
23,400.00
8,188.95
161,357.30
21.50
1867
2893
3,906,600
4,054,100
7,960,700
116,173.30
39,000.00
9,826.70
165,000.00
20.00
1868
3388
3,743,800
3,479,800
7,223,600
110,160.78
15,600.00
9,417.30
135,195.08
17.80
1869
3242
3,858,000
3,569,700
7,427,700
119,502.67
19,500.00
8,188.95
144,639.22
18.60
1870
2907
4,018,701
3,682,545
7,701,246
127,431.72
19,500.00
9,826.70
156,758.42
19.60
1871
3218
4,057,500
3,034,257
7,091,757
104,051.74
19,500.00
9,826.70
133,378.44
17.90
1872
3292
4,243,950
3,068,700
7,312,650
123,154.65
11,960.00
8,215.90
143,330.55
18.70
1873
3190
4,515,400
3,057,140
7,572,540
139,188.92
13,455.00
8,215.90
160,859.82
20.40
1874
3208
4,763,700
3,120,407
7,884,107
136,038.13
11,960.00
8,215.90
156,214.03
19.00
1875
3383
4,904,075
3,140,838
8,044,913
139,443.45
11,960.00
8,215.90
159,619.35
19.00
1876
3356
4,788,450
2,937,167
7.725,617
136,042.87
7,866.00
6,499.50
150,408.38
18.60
100
ANNUAL REPORT
TABULAR STATEMENT OF CITY, COUNTY AND STATE TAXES FROM 1851 TO 1925 INCLUSIVE Including rate of taxation per $1,000 and the number of polls.
Year
No. Polls
Valuation of Real Estate
Valuation of Personal Estate Including Resident Bank Tax
Total Valuation
Amount of City Tax
Amount of State Tax
Amount of Count. Tax
Total Tax
Taxation per $1,000
1877
3223
4,832,700
4,812,284
7,644,984
115,911.24
6,555.00
6,499.50
128,965.74
16.00
1878
3408
4,799,250
2,778,962
7,578,212
122,383.39
4,370.00
7,892.30
135,645.60
17.00
1879
3299
4,766,700
2,642,888
7,409,588
111,070.40
2,185.00
7,135.54
120,390.94
15.50
1880
3384
4,815,800
2,650,877
7,446,667
109,557.63
6,555.00
7,135.54
123,248.17
15.60
1881
3456
4,849,050
2,686,406
7,535,456
123,809.80
6,555.00
7,135.54
136,499.84
17.20
1882
3343
5,002,550
2,415,148
7,417,698
128,779.64
8,740.00
7,135.54
144,655.18
18.60
1883
3462
5,074,850
2,443,258
7,518,108
119,580.59
7,080.00
9,442.86
136,103.45
17.20
1884
3467
5,162,750
2,385,171
7,548,521
125,336.22
9,440.00
9,442.86
142,752.49
18.00
1885
3427
5,214,050
2,336,755
7,550,805
126,229.63
7,080.00
9,442.86
134,219.08
18.20
1886
3380
5,267,350
2,319,988
7,687,338
122,220.32
6,855.00
8,919.62
137,994.94
17.30
1887
3801
5,730,400
2,344,377
8,074,737
122,440.33
10,282.50
8,919.62
141,642.45
16.60
1888
3964
6,088,890
2,643,455
8,732,345
128,443.40
10,282.50
8,919.62
147,645.52
16.00
1889
3985
6,449,865
2,846,370
9,296,235
127,663.11
9,120.00
8,771.16
145,554.27
14.80
1890
2897
6,805,197
2,931,573
9,736,770
135,147.01
7,980.00
8,771.16
151,898.17
14.80
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