USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1928 > Part 3
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Men and teams hired 460.00
78
ANNUAL REPORT
Hardware and equipment
209.92
Telephone
.30
Loam
216.00
Grading
40.00
Carpenter and stock
257.94
Surveying
15.00
Printing and advertising
2.70
Fence
904.50
3,641.86
CARE OF MOSELEY WOODS
Receipts
Balance forward, Dec. 17, 1927
$1,080.40
Appropriation from Cutter Fund
500.00
Sale of material
.50
Income from New England Trust Co.
813.87
Portion of Grading paid by Water Department
132.67
$2,527.44
Payments
Salary of caretaker
$748.00
Hardware and equipment
66.51
Concrete seat
419.45
Labor as per payrolls
136.00
City Teams and trucks
50.35
Road oil
79.00
Extra teams hired
13.50
1,512.81
Balance forward, Dec. 15, 1928
$1,014.63
PLAYGROUNDS
Receipts
Appropriation
$900.00
Transfer
100.00
From general treasury to balance
7.20
$1,007.20
79
CITY AUDITOR
Payments
Supervisor
$400.00
Assistants
489.20
Sporting goods and equipment
44.00
Carpenter and stock
12.00
Cleaning up grounds as per payrolls
44.00
Rent of land
10.00
Repairs to building
8.00
$1,007.20
UNCLASSIFIED
MEMORIAL DAY
Receipts
Appropriation
$400.00
Payments
Post 49, G. A. R. $400.00
FIREMEN'S MEMORIAL SUNDAY
Receipts
Appropriation $75.00
Payments
Fire Department, Memorial Committee
$75.00
MEMORIAL DAY FOR SPANISH WAR VETERANS
Receipts
Appropriation
$25.00
Payments
Spanish War Veterans $25.00
81
CITY AUDITOR
CITY CLOCKS
Receipts
Appropriation
$150.00
Payments
Caretaker of Clocks
$150.00
WATER FOR PUBLIC BUILDINGS
Receipts
Appropriation
$1,500.00
Payments
Newburyport Water Works
$1,500.00
ZONING THE CITY
Balance forward from Dec. 17, 1927
$200.00
OTHER CITY PROPERTIES
Receipts
Appropriation
$500.00
Rent of Plains Schoolhouse
110.00
Rent of Ward Room
30.00
Payments
Slating Hose 8 Roof
$51.55
Transfer
250.00
$640.00
301.55
Balance to general treasury $338.45
82
ANNUAL REPORT
CLAM CHLORINATION
Receipts
Transfer from Excess and Deficit Account
$750.00
From general treasury to balance
657.85
$1,407.85
Payments
Carpenter and stock
$528.05
Plumber and stock
413.70
Electrician and stock
123.95
Tank and supplies for same
186.35
Supervision and plans
85.80
Advertising and printing
6.00
Hardware
35.10
City Teams and trucks
4.50
Painting
10.00
Repairs on air line and water pump
14.40
ยท
$1,407.85
JUDGEMENT ACCOUNT
Receipts
Tax levy, 1928
$2,733.00
Payments
To balance 1927 payments
$2,500.00
Edward K. Gove
233.00
$2,733.00
BRONZE TABLETS FOR WORLD WAR VETERANS
Receipts
Balance forward, Dac. 17, 1927 $2,297.73
83
CITY AUDITOR
Payments
Clerical services
$5.25
Stationery and postage
7.35
12.60
Balance forward, Dec. 15, 1928
$2,285.13
CEMETERIES
Receipts
Appropriation
$750.00
Transfer
250.00
$1,000.00
Payments
Labor as per payrolls
$810.25
Plumber and stock
54.74
Equipment and repairs
26.30
Water
15.00
906.29
Balance to general treasury $93.71
HIGHLAND CEMETERY FENCE
Receipts
Appropriation Transfer
$500.00
200.00
$700.00
84
ANNUAL REPORT
Payments
Labor on fence
$185.60
Lumber
37.05
Hardware
3.00
Gravel
9.00
. .
234.65
Balance forward, Dec. 15, 1928 $465.35
TEMPORARY ACCOUNTS
BUILDING PERMITS
Balance
$5.00
Permits issued by City Clerk
306.00
Payments
To inspector of buildings
257.00
Balance
$54.00
TEACHERS RETIREMENT ASSOCIATION
From teachers $4,894.62
Payments
To Teachers Retirement Association
$4,894.62
UNCALLED FOR CLAIMS
Balance Dec. 17, 1927 $375.10
Uncalled for claims during year
8.10
$383.20
311.00
85
CITY AUDITOR
Payments
Claims called for during year 70.87
Balance forward $312.33
SALE OF REAL ESTATE
Balance forward
$21.00
TAX TITLE
Cr.
Redemption of title
$216.22
Dr.
Property sold
$1,956.18
Balance
$1,739.96
Public Service Enterprises
. WATER WORKS
Balance Dec. 17, 1927 $680.74
Maintenance Accounts
Receipts
Water rates
$54,915.05
Meter rates
11,453.52
Sundry water receipts
237.50
City for fire service and buildings . .
5,000.00
Miscellaneous maintenance receipts
556.86
Interest on deposits
62.02
Fire Insurance
1,327.22
$73,552.17
Payments for Maintenance
Pumping station
$17,557.13
Pumping station, Artichoke
4,617.82
General maintenance
7,451.42
Hydrant maintenance
857.40
Gate maintenance
156.04
Reservoir maintenance
150.65
Meter maintenance
253.50
Service pipe maintenance
2,677.23
Main pipe maintenance
2,783.84
Filter bed maintenance
327.29
87
CITY AUDITOR
Artichoke River maintenance
92.25
Frog pond system
102.55
Total maintenance 37,027.12
Net earnings
$36,525.05
Payments for Debt
Bonds retired
$28,000.00
Interest on bonds
5,147.50
33,147.50
Excess after debt requirements
$3,377.50
Excess in maintenance balance
$4,058.29
New Construction Accounts
Receipts
Service pipe construction
$591.80
Extension of mains
416.45
Meters
15.00
$1,023.25
Payments
Extension of mains
$510.76
Hydrant construction
380.72
Service pipe construction
2,592.41
Meters
30.00
Service pipe construction, Newbury
205.88
Real estate
35.87
Gate construction
37.57
Total new construction
3,793.21
Debit of construction account $2,769.96
Balance December 15, 1928 $1,288.33
88
ANNUAL REPORT
INTEREST
Balance forward $13,101.51
Appropriation 26,000.00
$39,101.51
Revenue, Credited to Income Account
Interest on overdue taxes and assessments
$5,979.42
Interest from water commissioners
5,147.50
Interest on bank deposits
2,201.42
Interest received from Sinking Fund Com.
153.64
1
$13,481.98
Payments
Interest on:
Plum Island Bridge Loan
$882.94
Water Bonds
5,252.50
Sewer Bonds
1,207.50
Reconstruction of Highway loans
5,292.25
Central Park and Playgrounds bonds
600.00
New Primary Schoolhouse bonds
5,779.99
Public Library heating plant
160.00
Revenue loans
3,296.82
County Tuberculosis Hospital
835.32
Sewer note
80.00
.
23,387.32
Balance forward
$15,714.19
Municipal Indebtedness
Gross city debt December 17, 1927
$511,774.91
Debts incurred during 1928
Revenue loans
Departmental Equipment loan
$175,000.00
46,000.00
$221,000.00
-
89
CITY AUDITOR
Debts paid during year
Sewer loan
$48,000.00
Water bonds
24,000.00
Paving State Street loan
1,000.00
Plum Island Bridge loan
1,500.00
New Primary Schoolhouse loan
9,000.00
Central Park and Playground
1,000.00
Wid. and Recon. Merrimac Street
25,000.00
Revenue loans
175,000.00
County Tuberculosis Hospital
1,500.00
Public Library Heating Plant
2,000.00
288,000.00
Decrease in debt during year
67,000.00
Gross city debt Dec. 15, 1928
$444,774.91
TRUST FUND INCOME
Atwood Fund
Cr.
Balance Dec. 17, 1927 *From trustees of trust funds
$665.65 413.42
$1,079.07
Dr.
Cash payments to beneficiaries 391.00
Balance Dec. 15, 1928
$688.07
*Total income of fund $553.42. For other purposes $140.00
Balch Fund
Cr.
From trustees of trust funds $506.25
Dr.
City Parks
$506.25
BROMFIELD FUND
Cr.
From trustees of trust funds $500.00
CITY AUDITOR
91
Dr.
Sidewalks and Edgestones
$250.00 250.00
Tree Department
$500.00
Brown Fund
Cr.
From trustees of trust funds
$759.38
Dr.
To income of Education
$759.38
Cole Fund
Cr.
From trustees of trust funds
$100.00
Dr
To Public Library Salaries
$100.00
A. Gertrude Cutter Fund
Cr.
From trustees of trust funds
$5,000.00
Dr.
City Parks
$1,000.00
Atkinson Common
1,500.00
Central Park and Playgrounds
2,000.00
Moseley Woods
500.00
$5,000.00
. 92
ANNUAL REPORT
Dexter Fund Cr.
Balance Dec. 17, 1927
$652.91 86.92
From trustees of trust funds
Balance December 15, 1928
$739.83
Follansbee Fund
Cr.
Balance Dec. 17, 1927
$284.13
From trustees of trust funds
155.42
Dr.
Fuel for beneficiaries
328.25
Balance December 15, 1928
$111.30
Gorwaiz Fund 1
Cr.
From trustees of trust funds
$5.05
Dr.
Atkinson Common
$5.05
Charles Knight Fund !
Cr.
From trustees of trust funds $20.25
$439.55
93
CITY AUDITOR
Dr.
Atkinson Common $20.25
Paul A. Merrill Fund
Cr.
Balance Dec. 17, 1927
$100.00
From trustees of trust funds
50.00
$150.00
Dr.
School Prizes
100.00
Balance Dec. 15, 1928
$50.00
Simpson Fund
Cr.
From trustees of trust funds
$877.07
Dr.
To street sprinkling
$877.07
R. M. Toppan Fund
Balance Dec. 17, 1927
$48.14
From trustees of trust funds
12.50
Balance Dec. 15, 1928
$60.64
South End Reading Room
Cr.
Real Estate Securities
$5,000.00
10,500.00
$15,500.00
. . .
94
ANNUAL REPORT
Newburyport, Mass., Dec. 15, 1928
Credits, Expenditures and Balances of Public Library Book Accounts at close of city's books on December 15, 1928.
Balance at beginning of
Balance at end of
Fund
year
Credits
Expenditures
year
Lucy G. B. Colby
$21.49
$35.00
$30.50
$25.99
John J. Currier
205.70
50.00
14.50
241.20
Nathan D. Dodge
59.70
42.50
97.84
4.36
W. H. P. Dodge
508.25
132.24
128.32
512.17
Daniel Foster
15.87
12.50
28.36
.01
Joseph A. Frothingham
18.80
50.00
28.30
40.50
S. A. Green
4.52
96.00
48.31
52.21
George Haskell
24.25
53.50
45.43
32.42
Matthias P. Sawyer
3.00
250.00
250.43
2.57
John R. Spring
381.31
1,000.00
1,317.37
63.94
B. G. Sweetser
20.67
250.00
188.81
81.86
William C. Todd
209.36
691.24
685.07
215.53
Abraham Williams
37.87
48.00
82.65
3.22
$1,510.79
$2,711.08
$2.945.89
$1,275.98
Balance of book accounts Dec. 17, 1927
1,510.79
Income and credits for year
$2.711.08
Expenditures for year
2,945.89
Expenditures exceeded income
234.81
$1,275.98
Balance on December 15, 1928
CITY DEBTS AND ASSETS
Bonds and Notes
Rate Issued
Due
Amount
Water
31/2 %
1904
June
1, 1929-34
$66,000.00
Water
%
1908
July
1, 1929-38
25,000.00
Water
41/2 %
1914
Oct.
1, 1929-44
16,000.00
Water
4
%
1924
Dec.
1, 1929-
10,000.00
Reconstruction of State St.
4.80
1919
Nov.
1, 1929-
1,000.00
Plum Island Bridge
41/4 %
1922
Dec.
1, 1929-41
19,274.91
Central Park and Play- ground
4
%
1922
July
1, 1929-42
14,000.00
Widen. and Recon. Mer- rimac St.
41/4%
1923
June
1, 1929-33
75,000.00
Schoolhouse
41/4 %
1922
Dec.
1, 1929-42
105,000.00
Schoolhouse
41/4%
1922
Dec.
1, 1929-42
21,000.00
Wid. and Recon. Mer- rimac St.
4 1/2 %
1923
Dec.
1, 1929-33
25,000.00
County
Tuberculosis
Hospital
4 1/8 %
1926
Feb.
12, 1929-46
19,500.00
Public Library
Heat-
ing Plant
4 %
1927
Dec.
12, 1929-
2,000.00
Departmental
Equip-
ment loan
4
%
1928
July
10, 1929-31
46,000.00
$444,774.91
ASSETS
Taxes of 1927 uncollected
$36,930.51
Taxes of 1928 uncollected 107,726.48
$144,656.99
Preservation o Trees 1927 uncollected
68.20
Cash in Atlantic National Bank
$17,703.13
Cash in First & Ocean Nat'l Bank
56,805.68
Cash in Merchants Nat'l. Bank
17,201.97
Cash in Treasurer's office
743.04
92,453.82
237,179.01
Total net debt Dec. 15, 1928
207,595.90
Total net debt Dec. 17, 1927
255,025.51
Decrease in net debt $47,429.61
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
1926
337,387.79
94,336.15
1927
255,025.50
82,362.28
1928
207,595.90
47,429.61
*Water Plant acquired in 1904
SINKING FUNDS
In hands of Sinking Fund Commissioners
Cash on hand Dec. 17, 1927
0.00
Receipts during year
Income from investments net
$1,200.35
Sale of securities
19,502.81
Premiums on securities sold
202.50
20,905.66
Purchase of securities
20,752.02
Cash paid to City Treasurer to be credited to indebtedness
$153.64
Investment Account
Total securities, December 17, 1927 $44,692.79
Securities purchased, deposited in Institution for Savings 1,460.85
$46,153.64
Paid to City Treasurer to retire loan
$46,000.00
Paid to City Treasurer to credit interest
153.64
$46,153.64
Bonds Deposited with Commissioners J. L. McLean, Ctiy Marshal $1,000 National Surety Company, expires January 1, 1930.
98
ANNUAL REPORT
H. W. Little, City Clerk, $3,000 National Surety Company, expires January 1, 1930.
H. S. Noyes, Secretary and Treasurer of Water Works, $5,000, Fedelity and Deposit Company of Maryland, expires July 10, 1930.
C. E. Houghton, Treasurer and Collector of Taxes, $64,500, Aetna Casualty and Surety Company, expires January 3, 1930.
BORROWING CAPACITY
Year
Valuation Assessments
Additional
Valuation Total
Abatements
Valuation
1926
$13,545,360
$1,800
$13,547,160
$161,000
$13,386,160
1927
13,563,310
5,250
13,568,560
58,065
13,510,495
1928
13,803,142
0
13,803,142
22,800
13,780,342
$40,676,997
Average valuation for three years
13,558,999
Debt limit 21/2 % of $13,558,999
338,974.97
City debt omitting revenue loans
444,774.91
Debts outside the limit allowed by special Acts
Water (Acts 1894, 1908, 1913) $117,000.00
Plum Island Bridge (Act 1921)
19,274.91
Widening Re. Merirmac St. (Acts '23) 75,000.00
New Primary School (Acts 1923)
105,000.00
County Hospital Loan (Acts 1924)
19,500.00
Total loans outside the limit $335,774.91
Debt within the limit $109,000.00
Borrowing capacity Dec. 15, 1928 $229,974.97 Loan authorized but not yet issued
Plant for Chlorinating Clams $8,000
Sewer Debt $46,000 due in 1931 retired this year with funds received from
Sinking Fund Commissioners, all sinking funds now eliminated.
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.
100
ANNUAL REPORT
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, no report filed.
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, 1928, have been audited and found correct; also the securities 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. 17, 1927 $3,677.06
Receipts during year
Gift South End Reading Room,
(Securities and real estate) $15,500.00
Securities sold and matured
12,100.00
Income from investments
11,868.62
Interest on Cutter Fund income
197.95
$39,666.57
Payments
Securities purchased
$27,600.00
Purpose donated
8,306.32
Added to principal
1,027.97
City of Newburyport from Gertrude
Cutter fund inc.
5,000.00
41,934.29
Decrease in cash on hand
2,267.72
$1,409.34 Cash on hand Dec. 15, 1928
101
CITY AUDITOR
Investment Account
Total funds, Dec. 17, 1927
$244,167.65
Gift, South End Reading Room
15,500.00
Interest added to Class of 1917 fund
7.35
Class of 1918 fund
6.68
Fire Insurance Fund
1,027.97
$260,709.65
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
$278.42
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
253.12
Bartlett Mall
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Bartlett Mall
Institution for Savings, City
Demand
1,000.00
50.62
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
Institution for Savings, City
Demand
5,000.00
253.12
Schools
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.
Five Cents Savings Bank, City
Demand
161.58
7.35
Memorial
Class of 1918 N. H. S.
Five Cents Savings Bank, City
Demand
155.59
6.68
Memorial
Lucy G. B. Colby
Five Cents Savings Bank, City
Demand
700.00
35.00
Replacement Old Books
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
Supt. of Reading Room
John J. Currier
Five Cents Savings Bank, City
Demand
1,000.00
50.00
Npt. & Newbury Books
A. E. Cutter
Newburyport 31/2 % Sewer Bonds
Sept. 1, 1931
sold
78.75
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
3,000.00
60.36
Gen'l Use of Library
A. Gertrude Cutter
City of New York, 31/2 %
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
Chicago and Erie R. R., 5%
May 1, 1982
856.52
50.00
Beautifying the City
J. M. Bradbury C. N. Bradstreet John Bromfield
Moses Brown
1 :
Name of Fund
Investment
Date Due
Amount
Income
Purpose
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
14,283.27
707.63
Beautifying the City
Demand
12,449.17
630.23
Beautifying the City
Demand
16,227.10
821.47
Beautifying the City
Demand
1,000.00
50.00
Aged Ladies
July 1, 1929
1,862.50
80.00
Poor
Demand
137.50
6.92
Poor
Oct. 15, 1938
1,000.00
42.50
Books for Library
Institution for Savings, City
Demand
2,645.00
132.24
Bks. & Papers for Libr.
Institution for Savings, City Am. Tel. & Tel. Co. 4%
Demand
3,000.00
150.00
Gen'l Use of Library
July 1, 1929
2,793.75
120.00
Poor
Institution for Savings, City
Demand
206.25
10.42
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
Demand
100.00
5.05
Atkinson Common
Demand
2,000.00
96.00
Books for Library
George Haskell
Demand
1,072.50
53.60
Books for Library
Five Cents Savings Bank, City
Demand
400.00
20.25
Atkinson Common
Newburyport Sewer Bonds. 31/2%
Sept. 1, 1931
sold
105.00
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
4,000.00
100.00
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.00
School Prize
Newburyport Sewer Bonds, 31/2 %
Sept. 1, 1931
sold
105.00
Gen'l Use of Library
Annie D. Davis Timothy Dexter
Five Cents Savings Bank, City Institution for Savings, City Five Cents Savings Bank, City American Tel. & Tel. Co. 4% Institution for Savings, City U. S. 4th Liberty Bonds, 41/4 %
Nathan D. Dodge W. H. P. Dodge Susan M. Donnell L. M. Follansbee
Joseph A. Frothingham
A. M. Gorwaiz
Five Cents Savings Bank, City Salem Five Cents Savings Bank Institution for Savings, City
Demand
250.00
12.50
Books for Library
S. A. Green
Charles H. Knight
S. W. Marston
Paul A. Merrill
E. S. Moseley
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
4,000.00
100.00
Gen'l Use of Library
American Tel. & Tel. Co., 4%
July 1, 1929
1,792.50
80.00
Gen'l Use of Library
City of Revere, 41/2 %, May 15, 1928
Paid
22.50
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. & Q. 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. R. Series R 5%
May 1, 1940
1,965.00
100.00
Gen'l Use of Library Gen'l Use of Library
Institution for Savings, City
Demand
1,406.60
20.25
Salem Savings Bank
Demand
5,000.00
250.00
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
Chicago 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
150.00
Sprinkling Streets
Institution for Savings, City
Demand
930.00
47.07
Sprinkling Streets
S. End Reading Room
Real Estate cor. Purchase & Marlboro
5,000.00
S. End Reading Room
American Tel. & Tel. Co., 4 %
July 1, 1929
1,000.00
S. End Reading Room
American Tel. & Tel. Co., 51/2 %
Nov. 1, 1943
500.00
S. End Reading Room
Broadway Bond, 61/2 %
March 1, 1939
500.00
S. End Reading Room
100 West 55th Street Bond, 61/2 %
Jan. 15, 1940
500.00
S. End Reading
Room
Institution for Savings, City
Demand
3,156.17
S. End Reading
Room
Five Cents Savings Bank, City
Demand
4,125.00
S. End Reading Room
Merchants Natt. Bank, City
Demand
108.83
S. End Reading Room
W. O. Moseley
M. P. Sawyer M. H. Simpson
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount Income
Purpose
Demand
610.00
J. R. Spring
Five Cents Savings Bank, City
Demand
10,000.00
500.00
Books for Library
E. H. Stickney
Baltimore & Ohio R. R. 5%
Dec. 1, 1995
5,069.65
250.00
Gen'l Use of Library
Institution for Savings, City
Demand
5,524.01
279.65
Gen'l Use of Library
Institution for Savings, City 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
Institution for Savings, City
Demand
5,425.00
271.24
Reading Room
Institution for Savings, City
Demand
250.00
12.50
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
13,300.04
627.97
Replace Loss by Fire
$260,709.65 $11,868.62
R. N. Toppan A. Williams Fire Insurance Fund
15 shrs. Am. Encauster Tiling Institution for Savings, City
Demand
10,000.00
500.00
S. End Reading Room Books for Library
B. G. Sweetser W. C. Todd
Demand
5,000.00
250.00
Books for Library
RECAPITULATION
-
Funds for:
Funds
Income
Purchase of books for Library
$38,967.50
$1,934.84
General use of library
39,627.76
1,904.95
Reading room supplies
15,000.00
691.24
Reading room salary
2,000.00
100.00
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
759.38
Sprinkling of streets
20,000.00
877.07
Sidewalks and trees
10,000.00
500.00
Benefit of poor
5,500.00
242.34
Municipal fire insurance
22,756.29
1,027.97
Bartlett Mall
10,000.00
506.25
School prize
1,250.00
62.50
Religious work and poor
11,000.00
553.42
Atkinson Common
500.00
25.30
Aged Ladies
1,000.00
50.00
Memorial
317.17
14.03
Beautifying the city
50,590.93
2,534.33
South End Reading Room
15,500.00
0.00
$260,709.65
$11,868.62
Trust Funds Under Control of Special Trustees
MOSES ATKINSON FUND
Benefit of Schools
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