Inaugural address of the mayor, with the annual report of the officers of the city of Quincy for the year 1935, Part 3

Author: Quincy (Mass.)
Publication date: 1935
Publisher:
Number of Pages: 524


USA > Massachusetts > Norfolk County > Quincy > Inaugural address of the mayor, with the annual report of the officers of the city of Quincy for the year 1935 > Part 3


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Attest :- Emery L. Crane, Clerk of Council.


Approved: April 16, 1935.


Leo E. Mullin, Acting Mayor.


A true copy.


Attest. :-


EMERY L. CRANE, City Clerk.


28


CITY OF QUINCY


Original Budget


$4,761,106.74


SUPPLEMENTARY BUDGETS


Council


Order No.


3 Construction Public Buildings


33,500.00


67 Highway pension


680.00


80 Court Judgement (Charles Dubinskas)


1,525.00


119 Quincy Retirement Board Pensions


12,436.16


155 Board Registrars


Officers


$3,300.00


Expense


4,000.00


7,300.00


159 Deficit Bills


20,496.59


Total


$4.837,044.49


29


AUDITOR'S REPORT


DEBT STATEMENT


$4,671,000.00


Total long-term debt January 1, 1935 Additions during 1935


Within Debt Limit :


Schools


$300,000.00


Sewers


100,000.00


Streets


225,000.00


Sidewalks


100,000.00


Final Judgement


3,000.00


$728,000.00


Outside Debt Limit :


Sewers and drains


$ 16,000.00


Municipal Relief


235,000.00


Water


80,000.00


331,000.00


1,059,000.00


$5,730,000.00


Retirements during 1935


Within Debt Limit:


Schools


$166,000.00


Sewers


93,000.00


Streets


176,000.00


Sidewalks


30,000.00


Hospital


55,000.00


Police Station


10,000.00


Fire Station


4,000.00


Land


14,000.00


Outside Debt Limit:


Schools


$119,000.00


Sewers


128,500.00


Hospital


15,000.00


Southern Artery


11,000.00


Grade Crossing


15,000.00


Water


92,000.00


380,500.00


928,500.00


Net Long-term Debt December 31, 1935 $4,801,500.00 (The above figures do not include $150,000.00 for Hospital, $90,000.00 for Garage, and $60,000.00 balance for Water, authorized but unissued.)


TAX TITLE LOANS


Tax Title loans January 1, 1935


$572,000.00


Issued new


$450,000.00


Renewals


155,000.00


605,000.00


$1,177,000.00


Retired :


By redemption


$528,000.00 155,000.00


By renewals


$683,000.00


Outstanding December 31, 1935


$494,000.00


(The above figure does not include $30,000.00 for Fire Department apparatus authorized but unissued.)


$548,000.00


30


CITY OF QUINCY


FUNDED DEBT AS OF JANUARY 1, 1936


Schools


$1,569,000.00


Sewers


1,048,000.00


Streets


971,500.00


Sidewalks


220,000.00


Hospital


209,000.00


Water


406,000.00


Municipal Relief


235,000.00


Fire station


4,000.00


Land


84,000.00


Grade crossing


30,000.00


Final Judgement


3.000.00


Southern Artery


22,000.00


Tax titles


494,000.00


$5,295,500.00


The total debt of the city on December 31st, including both long- term debt and tax title loans was $5,295,500.00, divided as follows:


Inside debt limit


2,761,500.00


Outside debt limit


2,128,000.00


Water


406,000.00


5,295,500.00


BORROWING CAPACITY FOR 1936 General Laws, Chapter 44, Section 10


"Except as otherwise authorized by law, a city shall not authorize indebtedness to an amount exceeding 21/2 per cent of the average of the assessors' valuation of the taxable property for the three preced- ing years, the valuations being first reduced by the amount of all abate- ments allowed thereon previous to December 1st of the preceding year."


Net valuation real and personal 1933


$126,531,466.00


Motor vehicle excise


3,445,042.00


Net valuation real and personal 1934 Motor vehicle excise


125,146,744.00


Net valuation real and personal 1935 Motor vehicle excise


123,331,900.00


3,405,665.00


$385,089,452.00


Three years' average


128,363,150.00


21/2 per cent thereof


3,209,078.00


Debt within limit January 1


2,761,500.00


Borrowing margin as of January 1, 1936


$ 447,578.00


Debt maturing in 1936 which will increase the borrowing margin:


January


$ 30,000.00


February


17,500.00


March


3,000.00


April


67,000.00


May


80,000.00


June


45,500.00


July


89,000.00


August


58,000.00


September


48,000.00


October


31.000.00


November


27,000.00


December


50,000.00


$546,000.00


3,228,635,00


CONDENSED BALANCE SHEET, DECEMBER 31, 1935 REVENUE ACCOUNTS


ASSETS


Cash $ 209,516.13


Temporary Loans


$1,725,000.00


Accounts Receivable :


Taxes 1934 and Prior


$ 106,832.14


Taxes 1935


1,655,963.34


Old Age Asst. Tax 1933 and


Prior


6,298.00


Motor Vehicle 1934 and Prior


45.534.06


Motor Vehicle 1935


28,649.88


Special Assessments :


Gypsy Moth


5.50


Sewer


12,520.25


Street Betterments


20,735.68


Sidewalks


4,360.57


Committed Interest


9,804.92


Tax Titles


546,438.14


Sale of Land


1,618.87


Excess Tax Title Sales


297.02


Pay Roll Tailings


2,857.84


Trusted Accounts


449.72


Unidentified Receipts


637.24


Tax Title Redemptions Reserved


200.47


Water Reserve


3,928.72


Health


18,625.85


Scavenger


141.47


Particular Sewers


2,345.76


Bills Payable


39,960.58


State of Mass.


449.00


Appropriation Balances


85,376.57


Revenue Reserved until Collected :


Motor Vehicles Excise $ 74,183.94


Special Assessments 47,426.92


Tax Titles


546,438.14


Water Liens


43,667.11


Water Revenue 51,121.17


Departmental 212,326.76


975,164.04


Special Deposits:


Cesspool


157.00


Sewer


100.00


Water


120.00


Hospital


340.00


717.00


Water Liens


43,667.11


Water Rates 1934 and Prior


5,177.15


Water Rates 1935


40,097.47


45,274.62


Water Service Connections


5,846.55


Department Bills :


Revenue 1935


96,142.20


Excess and Deficiency


94,713.17


31


AUDITOR'S REPORT


LIABILITIES


1,762,795.48


74,183.94


47,426.92


32


REVENUE ACCOUNTS-(Continued)


Highways


210.08


Schools


6,163.35


Welfare


169,872.83


Old Age Assistance


12,422.99


Cemetery


2,048.50


Gypsy Moth


595.93


212,326.76


Cash Variations (Collector)


865.96


Overlay Deficit 1934 and Prior


50,093.04


Overlay Deficit 1935


22,779.79


$3,027.512.44


$3,027.512.44


NON-REVENUE ACCOUNTS


Cash


$236.618.69


Appropriation Balances Unexpended


476,618.69


Loans Authorized


240,000.00


$476.618.69


$476.618.69


DEFERRED REVENUE ACCOUNTS


Apportioned Assessments not, due Street Betterments


$153,110.83


77,226.00


Sewer Sidewalks


21,004.13


$251,340.96


Deferred Special Assessments $251.340.90


$251.340.96


CITY OF QUINCY


Bonded Debt


DEBT ACCOUNTS $5,295,500.00


Inside Debt Limit :


School Loans


$828,000.00


Sewer Loans


545,000.00


Street Loans


971,500.00


Sidewalk Loans


220,000.00


Hospital Loans


106,000.00


Other Loans


91,000.00


2,761,500.00


Outside Debt Limit :


School Loans


$741,000.00


Sewer Loans


503,000.00


Hospital Loans


103,000.00


Municipal Relief Loans


235,000.00


Tax Title Loans


494,000.00


Other Loans


52,000.00


2,128,000.00


Water Debt


406,000.00


$5,295,500.00


$5,295,500.00


TRUST FUNDS


Cash and Securities in Custody of Treasurer


$252,517.99


Hospital


$17,608.53


Cash and Securities in Custody of Trustees


Welfare


2,000.00


Adams Temple and School Funds


365,036.38


Schools


720,178.06


Woodward Fund


354,141.68


Library


39,353.74


Cemetery


206,731.06


Retirement System


25,269.18


$1,011,049.79


$1,011,049.79 GEORGE H. BONSALL, Auditor of Accounts.


33


AUDITOR'S REPORT


Library Funds


39,353.74


34


CITY OF QUINCY-MUNICIPAL DEBT WITHIN THE DEBT LIMIT 1936


Amount Due


Purpose of Loan


Date of Issue


Amount of Issue


Rate


Int.


1936


1937


1938


1939


1940


1941


1942


1943


1944


Schools


July 1923


$250,000 350,000


4


J-J A-O J-J M-N


5,000


5,000


5,000


5,000


5,000


5,000


Webster School Add.


Nov. 1927


30,000


33/4


3,000


3,000


Quincy Pt. Junior


Dec. 1927


250,000


33/4


J-I)


25,000


25,000


Merrymount and


Adams Shore School


Sept. 1928


220,000


41/4


M-S


22,000


22,000


22,000


Merrymount and Adams Shore School


May 1929


66,000


414


M-N


6.000


6,000


6.000


6,000


Montclair and


Houghs Neek School


June 1929


170,000


41/4


J-D


11,000


11,000


11,000 10,000


11,000


11,000


11,000


11,000


11,000


$11,000


Adams School Add.


Dec. 1930


70,000


4


J-1)


7,000


7,000


7,000


7,000


7,000


Quincy School Add.


Aug. 1931


125,000


F-A


13,000


12,000


12,000


12,000


North High Addition


May 1935


300,000


21/2


M-N


15,000


15,000


12,000 15,000


15,000


15,000


12,000 15,000


15,000


15,000


15,000


Sewer


April 1926


50,000


4


A-(


5,000


Sewer


Oct. 1926


30,000


4


A-(


3,000


Sewer


Oct. 1926


10,000


4


A-()


1,000


Sewer


May 1927


70,000


33/4


M .- N


7,000


7,000


Sewer


May 1929


70,000


414


M .- N


7,000


7,000


7,000


7,000


Sewer


Aug. 1929


50,000


41/12


F-A


5,000


5,000


5,000


5,000


Sewer


Nov. 1929


40,000


412


M-N


4,000


4,000


4,000


4,000


Sewer


April 1930


70,000


4


A-O


7,000


7,000


7,000


7,000


7,000


Sewer


Aug. 1930


50,000


4


F-A


5,000


5,000


5,000


5,000


5,000


Sewer


Nov. 1930


30,000


4


M-N


5,000


Sewer


May 1931


70,000


31/2


M-N


7,000


7,000


7,000


7,000


7,000


7,000


$10,000


No. Jr. High School


April 1926


No. Jr. High School


Juły 1926


75,000


4


$10,000 35,000


$10,000


$10,000


$10,000


$10,000


$10,000


$10,000


CITY OF QUINCY


Sewer


May 1928


70,000


33


M-N


7,000


7,000


7,000


80,000


4


A-O


10,000


10,000


No. Jr. High School


April 1930


414


4


Sewer


July 1932


Sewer


Oct. 1933


60,000 120,000


41/2 414


J-J A-O F-A M-N


10,000 10,000 5,000


10,000| 10,000 5,000


10,000 10,000 5,000


10,000 5,000


10,000 5,000


10,000 5,000


10,000 5,000


10,000 5.000


Sewer


Nov. 1934


50,000


4 214


23/


J-J


5,000


5,000


5,000


5,000 5,000


5,000 5,000


5,000 5,000


5,000


5,000 5,000


Streets


April 1926


4


A-O A-O


3.000


Streets


July 1927


250,000


4


25,000


25,000


Streets


Feb. 1928


125,000


4


J-J


20,000


12,500 20,000


12,500 20,000


Streets


June 1929


125,000


4 4


J-D M-N


12,500


12,500


12,500 6,000 16,000


12,500 6,000 16,000


6,000 16,000


Streets


Dec. 1930


80,000


4


J-D


8,000


8,000


8,000


8,000


8,000


Streets


July 1931


175,000


1/2


J-J


19,000


16,000


16,000


16,000


16,000


Streets


May 1934


150,000


3


M-N


15,000


15,000


15,000


15,000


15,000


16,000 15,000


15,000 17,000


15,000 17,000


15,000 17,000


Streets


Jan.


1935


25,000


13/4


J-J


5,000


5,000


5,000


5,000 10,000


5,000 10,000


10,000 10,000


10,000 10,000


10,000 10,000


10,000


Sidewalks


Aug. 1934


50,000


314


F-A


10,000


10,000


10,000


10,000


Sidewalks


Nov. 1934


50,000


21/4


M-N


10,000


10,000


10,000


10,000


Sidewalks


Dec. 1934


50,000


2


J-D


10,000


10,000


10,000


10,000


Sidewalks


Jan. 1935


100,000


13/4


J-J


20,000


20,000


20,000


20,000


20,000


Hospital Building


Sept. 1926


125,000


4


M-S


12,000


Hospital Building


June 1929


90,000


414


J-D


6,000


6,000


6,000


6,000


6,000


6,000


6,000


6,000


6,000


Hospital Building


April 1930


30,000


4


A-O


5,000


Operating Building


Aug. 1930


70,000


4


F-A


7,000


7,000


7,000


7,000


7,000


Fire Department


Oct. 1926


70,000


4


A-O


4,000


Land


Sept. 1931


140,000


31/2


M-S


14,000


14,000


14,000


14,000


14,000


14,000


Final Judgement


Nov. 1935


3,000


1


M


3,000


Totals


$546,000


$461,000


$401,000


$319,500


$254,000 $173,000 $119,000


$119,000 $109,000


Streets


June 1930


160,000


4


J-D


6,000 16,000


16,000


18,000


18,000


18,000


17,000


17,000


Streets


May 1935


100,000


214 2


M-N


10,000


10,000


10,000


Streets


Oct. 1935


100,000


A-O


10,000


10,000


10,000


10,000


10,000


Streets


May 1930


65,000


4


J-J F-A


12,500


5,000


5,000


Sewer


Jan. 1935


100,000 50,000


5,000


Streets


Oct. 1926


30,000


4


35


AUDITOR'S REPORT


Streets


Aug. 1934


175,000


23/4


F-A


18,000


6,000


Streets


July 1928


200,000


Sewer


Feb. 1934


60,000


5,000


5,000


10,000


10,000 5,000 5,000 5,000


36


CITY OF QUINCY-MUNICIPAL DEBT WITHIN THE DEBT LIMIT 1936-(Continued)


Purpose of Loan


Date of Issue


Amount of Issue


Rate


Int.


1945


1946


1947


1948


1949


1950


Totals


Schools


July 1923


$250,000


414


$80,000


No. Jr. High School


April 1926


350,000


4


J-J A-O


35,000


No. Jr. High School


July 1926


75,000


4


J-J


30,000


Webster School Add.


Nov. 1927


30,000


33


M-N


6,000


Quincy Pt. Junior


Dec. 1927


250,000


33 3 4


J-D


50,000


Merrymount and


Adams Shore School


Sept. 1928


220,000


41/4


M-S


66,000


Merrymount and


Adams Shore School


May 1929


66,000


414


M-N


24,000


Montclair and


Houghs Neck School


June 1929


170,000


414


J-D


100,000


No. Jr. High School


April 1930


80,000


4


A-O


30,000


Adams School Add.


Dec. 1930


70,000


4


J-D


35,000


Quincy School Add.


Aug. 1931


125,000


312


F-A


73,000


North High Addition


May 1935


300,000


21/2


M-N


$15,000


$15,000


$15,000 $15,000


1951 to 1955, inc. $15,000 $15,000 Annually


300,00J


Sewer


April 1926


50,000


4


A-O


5,000


Sewer


Oct. 1926


30,000


4


A-O


3,000


Sewer


Oct. 1926


10,000


4


A-O


1,000


Sewer


May 1927


70,000


M .- N


14,000


Sewer


May 1928


70,000


M-N


21,000


Sewer


May 1929


70,000


M-N


28,000


Sewer


Aug. 1929


50,000


412


F-A


20,000


Sewer


Nov. 1929


40,000


41/2


M-N


16,000


Sewer


April 1930


70,000


4


A-O


35,000


Sewer


Aug. 1930


50,000


4


F-A


25,000


Sewer


Nov. 1930


30,000


4


M-N


5,000


Sewer


May 1931


70,000


312


M-N


42,000


CITY OF QUINCY


33/ 334


$15,000


Amount Due


Sewer Sewer


July 1932


60,000 120,000


412 4/4


J-J A-O F-A M .- N


10,000 5,000


..... 5,000


..


...


..


..


30,000 100,000 55,000 45,000


Sewer


Jan.


1935


100,000


23/4


5,000


5,000


5,000


5,000


5,000


5,000


1951 to 1955, inc. $5,000 Annually


100,000


Streets


April 1926


50,000


4


J-J A-O A-O


5,000 3,000 50,000


Streets


July 1927


250,000


4


J-J F-A


37,500


Streets


July 1928


200,000


60,000


Streets


June 1929


125,000


414


50,000


Streets


May 1930


65,000


4


M-N


30,000


Streets


June 1930


160,000


4


J-D


80,000


Streets


Dec. 1930


80,000


4


J-D


40,000


Streets


July 1931


175,000


31/2


J-J


99,000


Streets


May 1934


150,000


3


M-N


135,000


Streets


Aug.


1934


175,000


23/4


F-A


153,000


Streets


Jan.


1935


25,000


13/4


J-J


25,000 100,000 100,000


Sidewalks


Aug. 1934


50,000


31/4


F-A


Sidewalks


Nov. 1934


50,000


214


M-N


Sidewalks


Dec. 1934


50,000


2


J-D


40,000


Sidewalks


Jan. 1935


100,000


13/4


J-J


100,000 12,000


Hospital Building


June 1929


90,000


414


J-D


54,000


Hospital Building


April 1930


30,000


4


A-O


5,000


Operating Building


Aug. 1930


70,000


4


F-A


35,000


Fire Department Land


Oct. 1926


70,000


4


A-O


4,000


Sept. 1931


140,000


31/2


M-S


Final Judgement


Nov. 1935


3,000


1


M


84,000 3,000


Totals


$55,000


$25,000


$20,000


$20,000 $20,000 $20,000


1951 to 1955, inc. $20,000 Annually


$2,761,500


Streets


Oct. 1926


30,000


4


Streets


Feb. 1928


125,000


33/4 4


J-J J-D


....


. ... .


Feb. 1934


60,000


Sewer Sewer


Nov. 1934


50,000


4 21/4


GEO. H. BONSALL, Auditor of Accounts.


37


AUDITOR'S REPORT


Streets


May 1935


100,000


214


M-N


10,000


Streets


Oct.


1935


100,000 2


A-O


10,000


40,000 40,000


Hospital Building


Sept. 1926


125,000


4


M-S


.


Oct. 1933


38


CITY OF QUINCY-MUNICIPAL DEBT WITHIN THE DEBT LIMIT 1936-(Continued)


Amount Due


Statutory Authority


Purpose


Date of Issue


Amount of Issue


Rate


Int.


1936


1937


1938


1939


1940


1941


1942


1943


1944


1945


1946


1947


1948


1920 Chap. 526 High Sch. Land Oct. 1921


1920


Chap. 526 H. S. Equip.


June 1924


52,000


5 41/4


A-O J-D M-N M-N A-O


$3,000 4,000 39,000| 1,000 15,000


$3,000 4,000 39,000| 1,000


$2,500


$2,500


$2,500


1920


Chap. 526 H. S. Building


Nov. 1922


15,000


41/4


1926


Chap. 249|Govt. School


1929 Chap. 122 Montclair and


H. N. Schools


June 1929


200,000


41/4


J-D


13,000 13,000 13,000 13,000


13,000 13,000


13,000 $13000 $13000


1929 Chap. 122|No.Jr.H.S.Bldg. Apr. 1930


200,000


4


A-O


13,000 13,000


13,000


13,000 13,000 13,000 13,000 13,000 13,000 $13000


1926


Chap. 303|So.Jr. H.S. Bldg. July 1926


1920


Chap. 526 Hospital Add.


Sept. 1922


100,000


4


M-S


5,000


5,000


5,000


5,000


5,000


5,000


5,000


1920


Chap. 526 Hospital Add.


Nov. 1922


40,000


41/4


M-N


2,000


2,000


2,000


2,000


2,000


2,000


2,000


1929


Chap. 125 Hospital Add.


June 1929


90,000


414


J-D


6,000


6,000


6,000


6,000


6,000


6,000


6,000


6,000


6,000


1935


Chap. 213|Sewer


June 1935


16,000


.50


F


*16000


1895


Chap. 279 Sewer


May 1897


120,000


4


M-N


3,000


3,000


1895 Chap. 279|Sewer


Oct. 1897


100,000


4


A-O


2,500


2,500


1895 Chap. 279|Sewer


Apr. 1898


100,000


312


A-O


2,500


2,500


2,500


1895 Chap. 279|Sewer


Apr. 1899


75,000


31/2


A-O


1,000


1,000


1,000


1,000


1902


Chap. 248 Sewer


July 1902


60,000


31/2


1,500


1,500


1,500


1,500


1,500


1,500


1,500 1,000


1905 Chap. 151|Sewer


Apr. 1907


40,000


4


A-O


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000 $1,000 $1,000


1905 Chap. 151|Sewer


May 1908


30,000


4


M-N


1,000


1,000


1,000


1905 Chap. 151|Sewer


May 1909


30,000


31/2


M-N


1,000


1,000


1,000


1,000


1905 Chap. 151|Sewer


Apr. 1910


40,000


4


A-O


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000 1,000


1,000 $1,000


1911 Chap. 57|Sewer


Mar. 1912


40,000


4


M-S


1,000|


1,000| 1,000 1,000 1,000


1,000


1,000


CITY OF QUINCY


1902


Chap. 248 Sewer


May 1903


70,000


31/2


M-N


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1902 Chap. 248|Sewer


June 1904


50,000


4


J-O


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


1,000


450,000


4


J-J


30,000| 30,000 30,000


30,000


30,000 30,000


1920 Chap. 526 H. S. Building


May 1922


800,000


4


39,000 39,000 39,000 39,000 $39000


Oct. 1926


157,500


4


$58,000


$2,500


J-J


1911 Chap. 57|Sewer 1933 Chap. 366 Sewer


Mar. 1913 40,000 Jan. 1934 275,000 Jan. 1934| 128,000


4 31/4 314 334


M-S J-J J-J


1,000| 5,000 11,000


1,000 5,000 11,000


1,000 1,000 5,000| 5,000


1,000 9,000 5,000


1,000 9,000 5,000


1,000 9,000 5,000


1,000 9,000 4,000


9,000 4,000


9,000 4,000


9,000 4,000


9,000 4,000


9,000 4,000


1926


Chap. 369


1931 Chap. 177 Water Street Grade Crossing


Apr. 1932


75,000


5


A-O


15,000 15,000


1935 Chap. 188 MunicipalRelief Aug. 1935


125,000


2 11/2


F-A A-O J-D


10,000


10,000


10,000


10,000| 10,000


10,000


Totals


241500 210500 17350C 170000 167000 152000 109500


60,000


58,000 38,000


15,000


15,000 14,000


-


*Note in anticipation of Federal Grant.


AUDITOR'S REPORT


39


1933 Chap. 366 Drains


1925 Chap. 330 Southern Art.


Nov. 1927


113,000


M-N


15,000


15,000


1935 Chap. 188 MunicipalRelief Oct. 1935


50,000


10,000| 10,000


15,000| 15,000 15,000 10,000 10,000 10,000 10,000 10,000 10,000| 10,000 10,000


1935 Chap. 188 MunicipalRelief Dec. 1935


60,000


11/2


10,000 10,000 10,000 10,000


40


CITY OF QUINCY-MUNICIPAL DEBT WITHIN THE DEBT LIMIT 1936-(Concluded)


!Amount Due!


Statutory Authority


Purpose


Date of Issue


Amount of Issue


Rate


Int.


Total


1949


1950


1951


1952


1953


1954


1955


1956


1957


1920 Chap. 526 High Sch. Land Oct. 1921


$58,000


5


A-O


$16,000


1920 Chap. 526 H. S. Equip.


June 1924


52,000


414


J-D


8,000


1920 Chap. 526|H. S. Building


May 1922


800,000


4


M-N


273,000


1920 Chap. 526 H. S. Building


Nov. 1922


15,000


414


M-N


2,000


1926 Chap. 249 Govt. School


Oct. 1926


157,500


4


A-O


15,000


1929 Chap. 122 Montclair and


H. N. Schools


June 1929


200,000


41/4


J-D


117,000


1929 Chap. 122 No.Jr.H.S.Bldg. Apr. 1930


200,000


4


A-O


130,000


1926 Chap. 303|So.Jr.H.S.Bldg. July 1926


450,000


4


J-J


180,000


1920 Chap. 526 Hospital Add.


Sept. 1922


100,000


4


M-S


35,000


1920 Chap. 526 Hospital Add.


Nov. 1922


40,000


414


M-N


14,000


1929


Chap. 125 Hospital Add.


June 1929


90,000


414


J-D


54,000


1935 Chap. 213|Sewer


June 1935


16,000


.50


F


16,000


1895 Chap. 279|Sewer


May 1897


120,000


4 M-N


6,000


1895 Chap. 279 Sewer


Oct. 1897


100,000


4


A-O


5,000


1895


Chap. 279 Sewer


Apr. 1898


100,000


31/2


A-O


7,500


1895 Chap. 279|Sewer


Apr. 1899


75,000


31/2


A-O


4,000


1902 Chap. 248 Sewer


July 1902


60,000


31/2


J-J


10.500


1902 Chap. 248|Sewer


May 1903


70,000


31/2


M-N


8,000


1902 Chap. 248|Sewer


June 1904


50,000


4


J-O


9,000


1905 Chap. 151 Sewer


Apr. 1907


40,000


4


A-O


12,000


1905 Chap. 151 Sewer


May 1908


30,000


4


M-N


3,000


1905 Chap. 151 |Sewer


May 1909


30,000


31/2


M-N


4,000


1905 Chap. 151 Sewer


Apr. 1910


40,000


4 A-0


$1,000 $1,000


15,000


1911 Chap. 57|Sewer


Mar. 1912|


40,000 4


M-S


7,000


CITY OF QUINCY


1911 Chap. 57|Sewer 1933 Chap. 366 Sewer


Mar. 1913 Jan. 1934


40,000 | 275,000


4 314


M-S J-J


9,000


9,000


$9,000 $9,000 $9,000


$9,000


$9,000 $9,000 $9,000


8,000 265,000


1933 Chap. 366 Drains


Jan. 1934


128,000


314 33/4 5


J-J M-N


4,000


4,000


4,000


4,000


4,000


4,000


4,000


4,000


4,000


1958 to 1964, inc. $9,000 Annually 1958 to 1964, inc. $4,000 Annually


123,000


1925 Chap. 330 Southern Art. 1926 Chap. 369


22,000


1931 Chap. 177 Water Street Grade Crossing


Apr. 1932


75,000


A-O


30,000


1935 Chap. 188|MunicipalRelief Aug. 1935


125,000


125,000


1935 Chap. 188| MunicipalRelief Oct. 1935 1935 Chap. 188 MunicipalRelief Dec. 1935


50,000 60,000


2 11/2 112


F-A A-O J-D


50,000 60,000


Totals


14,000 14,000 13,000 13,000 13,000


13,000 13,000


13,000


13,000


1958 to 1964, inc. $13,000 Annually


$1,634,000


GEO. H. BONSALL, Auditor of Accounts.


AUDITOR'S REPORT


41


Nov. 1927


113,000


42


CITY OF QUINCY-WATER DEBT-1936


Amount Due


Statutory Authority


Date of Issue


Amount of Issue


Rate


Int.


Totals


1936


1937


938


1939


1940


1941


1942


1943


1944


1945


1907 Chap. 182 June 1907


$30,000


4


J-D


$1,000


$1,000


$2,000


1907 Chap. 182


May 1909


40,000


31/2


M-N


1,000


1,000


$1,000


$1,000


4,000


1907 Chap. 182


Mar. 1910


30,000


4


M-S


1,000


1,000


1,000


1,000


$1,000


5,000


Statutes


April 1926


600,000


4


A-O


40,000


40,000


40,000


40,000


40,000


$40,000


240,000


Statutes


May 1931


50,000


31/2


M-N


10,000


10,000


Statutes


Oct. 1933


30,000


4


A-O


5,000


5,000


5,000


5,000


20,000


Statutes


Feb. 1934


10,000


3


F-A


5,000


5,000


Statutes


Aug. 1934


50,000


3


F-A


10,000


10,000


10,000


10,000


40,000


Statutes


July 1935


50,000


2


J-J


5,000


5,000


5,000


5,000


5,000


5,000 $5,000 $5,000 $5,000


$5,000


50,000


Statutes


Dec. 1935


30,000


.50


M


*30,000


30,000


Totals


$108000


$63,000 $62,000


$62,000


$46,000|


$45,000 $5,000 $5,000 $5,000 $5,000 $406,000


*Note in anticipation of bond issue.


GEO. H. BONSALL, Auditor of Accounts.


CITY OF QUINCY


43


AUDITOR'S REPORT


TEMPORARY LOANS


In Anticipation of Revenue


Unpaid balance from 1934


$1,950.000


Date 1935


Due


Sold To


Rate


Amount


Jan.


16


Nov.


8, 1935


Whiting Weeks & Knowles


.51


$100,000


Jan.


16


Nov.


22, 1935


Whiting Weeks & Knowles


.51


$100,000


Jan.


19


Nov


8, 1935


Merchants Natl. Bank


.51


150,000


Feb.


26


Nov.


22, 1935


Faxon, Gade & Co.


.57


150,000


Feb.


26


Dec.


6, 1935


Natl. Shawmut Bank


.57


150,000


Mar.


12


Nov.


22, 1935


Faxon, Gade & Co.


.68


150,000


Mar.


12


Nov.


22, 1935


Bank of the Manhattan Co.


.68


150,000


Mar.


12


Dec.


6, 1935


Faxon, Gade & Co.


,68


150,000


Mar.


12


Dec.


6, 1935


Bank of the Manhattan Co.


.68


150,000


Apr.


17


Nov.


8, 1935


Natl. Shawmut Bank


.87


150,000


Apr.


17


Dec.


27, 1935


Natl. Shawmut Bank


,87


150,000


May


15


Dec.


27, 1935


Bond & Goodwin, Inc.


.68


50,000


May


28


Dec.


27. 1935


Natl. Shawmut Bank


.62


250,000


June


25


Feb.


28, 1936


Leavitt & Co.


.615


250,000


June


25


Mar.


27, 1936


Leavitt & Co.


.615


125,000


Sept.


5


Apr.


24, 1936


First Natl. Bank, Boston


.60


200,000


Sept.


5


May


26, 1936


First Natl. Bank, Boston


.60


150,000


Sept.


27


Oct.


16, 1935


Natl. Shawmut Bank Natl. Shawmut Bank


.50


*120,000


Nov.


19


June


25, 1936


First Natl. Bank, Boston


.405


250,000


Nov.


19


July


30, 1936


First Natl. Bank, Boston


.405


250,000


Dec.


6


Aug.


27, 1936


Merchant Natl. Bank


.36


250,000


Dec.


6 Sept.


24, 1936


Merchant Natl. Bank


.36


250,000


Total issued


$3,945,000


Total Notes Paid


4,170,000


Outstanding December 31, 1935 *Renewal 1934 Note.


$1,725,000


In Anticipation of Bond Issue


Outstanding January 1, 1935


$ 95,000


Purpose


Date


Due


Sold To


Rate


P.W.A. Drains


Aug. 1, 1935


Oct.


1, 1935


Natl. Shawmut Bk.


.75


* 31,000


P.W.A. Sewers


Sept. 10, 1935


Sept. 12, 1935


Natl. Shawmut Bk.


.50


2,000


P.W.A. Drains


Oct. 1, 1935


Nov.


1, 1935


Natl. Shawmut Bk.


.50


* 31,000


P.W.A. Drains


Nov. 1, 1935


Dec. 24 1935


Natl. Shawmut Bk.


.50


* 31,000


Water


Dec. 13, 1935


May 1, 1936


Natl. Shawmut Bk.


.50


30,000


$ 220,000


Notes Retired


By Renewal


$ 62,000


By Payment


128,000


190,000


Outstanding December 31, 1935


$ 30,000


.50


*250,000


Sept.


27


Dec.


6, 1935


$5,895,000


*Renewal.


44


CITY OF QUINCY


TEMPORARY LOANS-(Continued)


In Anticipation of Grant Chapter 213, Acts of 1935


Purpose


Date


Due


Sold To


Rate


Amount


P.W.A. Sewers


June 1, 1935


Oct. 1, 1935


Natl. Shawmut Bk.


.50


$ 5,000


P.W.A. Sewers


June 1, 1935


Nov. 15, 1935


Natl. Shawmut Bk.


.50


11,000


P.W.A. Sewers


Oct. 1, 1935


Nov. 15, 1935


Natl. Shawmut Bk.


.50


* 5,000


P.W.A. Sewers


Nov. 15, 1935


Feb. 15, 1936|


Natl. Shawmut Bk.


.50


* 16,000


$ 37,000


Notes Retired by Renewal


21,000


Outstanding December 31, 1935 *Renewal


$ 16,000


(Bond and Grant Anticipation Notes outstanding included in figures of Debt Statement.)


45


AUDITOR'S REPORT


SUSPENDED ACCOUNTS


Accounts Not Yet Due


Apportioned sewer assessments not due


$ 77,147.60


Apportioned sewer assessments due in 1936


$18,790.05


Apportioned sewer assessments due in 1937


16,381.99


Apportioned sewer assessments due in 1938


13,914.92


Apportioned sewer assessments due in 1939


9,345.26


Apportioned sewer assessments due in 1940


7,366.65


Apportioned sewer assessments due in 1941


4,910.43


Apportioned sewer assessments due in 1942


3,787.97


Apportioned sewer assessments due in 1943


1,569.02


Apportioned sewer assessments due in 1944


1,081.31


Apportioned street betterments not due


$152,773.93


Apportioned street betterments due in 1936


$36,075.66


Apportioned street betterments due in 1937


34,017.56


Apportioned street betterments due in 1938


24,975.98


Apportioned street betterments due in 1939


21,516.99


Apportioned street betterments due in 1940


13,948.00


Apportioned street betterments due in 1941


10,002.60


Apportioned street betterments due in 1942


3,757.91


Apportioned street betterments due in 1943


2,962.37


Apportioned street betterments due in 1944


2,758.43


Apportioned street betterments due in 1945


2,758.43


Apportioned sidewalk assessments not due


$ 21,004.13


Apportioned sidewalk assess'ts due in 1936


$7,083.84


Apportioned sidewalk assess'ts due in 1937


5,742.06


Apportioned sidewalk assess'ts due in 1938


3,465.83


Apportioned sidewalk assess'ts due in 1939


2,485.15


Apportioned sidewalk assess'ts due in 1940


1,714.91


Apportioned sidewalk assess'ts due in 1941


470.21


Apportioned sidewalk assess'ts due in 1942


42.13


.


46


CITY OF QUINCY


TRUST FUNDS


Cash and Securities in hands of Treasurer


$ 252,517.99


Children's Ward Fund


$ 755.31


Student, Nurses' Loan Fund


130.10


Post Graduate Nurses' Fund


109.87


Hospital Trust Funds


11,613.25


D. L. Jewell Hospital Fund


5,000.00


C. C. Johnson Turkey Fund Welfare


2,000.00


Rock Island School Fund


1,000.00


Wilson Tucker Fund


400.00


C. E. French Cemetery Fund


3,000.00


C. C. Johnson Cemetery Fund


150.00


George Pierce Cemetery Fund


200.00


Alex. Nugent Cemetery Fund


125.00


Wm. S. Williams Cemetery Fund


400.00


Alfred G. Dell Cemetery Fund


200.00


Retirement Fund


25,178.00


Perpetual Care Fund


202,256.06


Cash and Securities in custody of Trustees $ 758,531.80


Adams Temple and School Funds


$365,036.38




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