Inaugural address of the mayor, with the annual report of the officers of the city of Quincy for the year 1950, Part 5

Author: Quincy (Mass.)
Publication date: 1950
Publisher:
Number of Pages: 134


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 1950 > Part 5


Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).


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$400.00


Unexpended income January 1, 1950


$150.95


Interest receipts-1950


8.04


158.99


Expended 1950


8.00


Balance on hand, December 29, 1950 $150.99


WILLIAM S. WILLIAMS-PERPETUAL CARE LOT 848


FUND-Quincy Savings Bank


$400.00


Unexpended income, January 1, 1950


$153.14


Interest receipts-1950


8.04


161.18


Expended 1950


8.00


Balance on hand, December 29, 1950 $153.18


ALFRED A. DELL FLOWER FUND-LOTS 896-898


FUND-Quincy Savings Bank


$9.11


Interest receipts-1950


13.13


Expended 1950


6.00


Balance on hand, December 29, 1950


$7.13


$200.00


Unexpended income, January 1, 1950


4.02


79


$1,000.00


163.27


MINNIE B. BENT FLOWER FUND-LOT 744


FUND-Quincy Savings Bank


Unexpended income, January 1, 1950


$15.48


Interest receipts-1950


5.02


Expended 1950


10.00


Balance on hand, December 29, 1950 $10.50


ABRAHAM RICH FLOWER FUND-LOT 548


FUND-Quincy Savings Bank


$176.00


Unexpended income, January 1, 1950


$9.62


Interest receipts-1950


3.53


Expended 1950


8.00


Balance on hand, December 29, 1950 $5.15


ELLA E. BADGER FUND-PERPETUAL CARE LOT 173B


FUND-Quincy Savings Bank


$700.00


Unexpended income, January 1, 1950


$4.07


Interest receipts-1950


14.07


Expended 1950


15.00


Balance on hand, December 29, 1950 $3.14


MABEL S. BAXTER FLOWER FUND-LOT 16


FUND-Quincy Savings Bank


$500.00


Unexpended income, January 1, 1950


$ .17


Interest receipts-1950


10.05


10.22


Expended 1950


8.00


Balance on hand, December 29, 1950 $2.22


WILLIAM HENRY SAMPSON FLOWER FUND-LOTS 997 and 999 FUND-Quincy Savings Bank


$200.00


Interest on deposit, 1950


$4.02


Expended 1950


4.00


Balance on hand, December 29, 1950 $ .02


LIZZIE J. BURGESS-LOT 357


FUND-Quincy Savings Bank-Dec. 15, 1950


$2,000.00


ALEXANDER NUGENT PERPETUAL CARE FUND


FUND-Quincy Savings Bank


$125.00


Interest receipts-1950


$2.51


Paid Trustees St. Mary's Cemetery


2.51


ERVANT SERPOSS FUND


FUND-Quincy Savings Bank-September 27, 1949 . Fund, January 1, 1950 Addition to Fund


$9,455.42


2,330.00


Income, 1950


197.81


$11,983.23


$11,983.23


80


$250.00


20.50


13.15


18.14


HOSPITAL TRUST FUNDS


FUNDS-Quincy Savings Bank Also 24 shares Walker-Stetson Co. common stock (Capital) Class A (Par value $50.00 each) Unexpended income, January 1, 1950


Interest receipts, 1950


$11,740.76 370.00


Balance on hand, December 29, 1950 $12,110.76


HOSPITAL TRUST-D. L. JEWELL FUND


FUND-Quincy Savings Bank


$5,000.00


Unexpended income, January 1, 1950


$2,981.26


Interest receipts, 1950


100.50


Balance on hand, December 29, 1950 $3,081.76


HOSPITAL TRUST FUND-SPECIAL


FUND-Quincy Savings Bank (Children's Ward)


$332.30


Income receipts-1950 $12.95


Credited to fund 12.95


HOSPITAL TRUST-MARY PARKER FUND


FUND-Quincy Savings Bank


$5,000.00


Unexpended income, January 1, 1950


$1,131.21


Interest receipts-1950


100.50


Balance on hand, December 29, 1950


$1,231.71


HOSPITAL TRUST-RICHARD E. RAYCROFT FUND


FUND-Quincy Savings Bank


$638.67


Fund, January 1, 1950


$891.74


Expended 1950


253.07


Balance on hand, December 29, 1950 $638.67


HOSPITAL TRUST-ISABELLA MOIR FUND


FUND


$ .60


Fund, January 1, 1950


$52.35


Expended 1950


51.75


Balance on hand, December 29, 1950


$ .60


HOSPITAL TRUST-RESEARCH FUND A.M.A.


FUND


Fund, January 1, 1950


$136.75


Expended 1950


19.20


Balance on hand, December 29, 1950


$117.55


HOSPITAL TRUST-RESEARCH PROJECT 1425


FUND


Fund, January 1, 1950


$3,945.04


Expended 1950


3,930.43


Balance on hand, December 29, 1950


$14.61


$9,453.25


$117.55


$14.61


81


SCHOOL ATHLETIC FUND-CHAPTER 658


Turned over from School Department, September 20, 1950 $5,120.18 16,920.77


Receipts 1950


22,040.95


Expended 1950


17,986.79


Balance on hand, December 29, 1950


$4,054.16


SPECIAL SCHOOL LUNCH ACCOUNT


Turned over from School Department, October 1, 1950


$11,853.69


Receipts 1950


33,934.34


45,788.03


Expended 1950


38,133.95


Balance on hand, December 29, 1950


7,654.08


HOSPITAL TRUST-CANCER FUND


FUND


$112.13


PERPETUAL CARE FUND


Cash on hand, January 1, 1950


Receipts


Perpetual care of lots


$19,925.00


Interest receipts


12,586.26


32,511.26


$38,276.08


Expenditures


Purchase of securities


$25,252.10


Accrued interest on purchases


184.68


Income credited to Burial Department


12,401.58


Cash on hand, December 31, 1950


437.72


$38,276.08


ANALYSIS OF FUND


Fund, January 1, 1950


$405,375.95


Perpetual Care of Lots 1950


19,925.00


$425,300.75


BALANCE SHEET


Cash on hand, December 31, 1950 Investments


$437.72 424,863.23


$425,300.95


82


$5,764.82


$37,838.36


INVESTMENTS


5,000. American Tel & Tel 23/4 1971


$5,039.85


2,000. American Telephone & Telegraph Co. 33/8 1973


2,000.00


6,000. American Telephone & Telegraph Co. 23/4 1982


6,000.00


9,000. Arkansas Power & Light Co. 1st 31/8 1974


9,000.00


5.000.


Atlantic Coast Line R.R. 1st 4 1952


5,000.00


5,000.


Baltimore & Ohio R.R. 1st 4 1975


4,637.50


2,000. Bangor & Aroostook R.R. 4 1951


1,910.00


2.000. Boston & Albany R.R. Ref. Deb. gtd. 5 1963


2,000.00


2.000. Cambria & Clearfield R.R. GM 4 1955


2,000.00


5.000.


Central New York Power Corp. Gen. 3 1974


5,000.00


10.000. Chicago, Burlington & Quincy R.R. Gen. 4 1958


9,895.36


5.000.


Consolidated Edison Co. 3 1972


5,000.00


5,000.


Consolidated Edison Co. of N.Y. 23/4 A 1st ref. 1982


5,082.25


10,000. Consumers Power Co. 27/8 1975


10,000.00


10,000.


Great Northern Ry. 51/2 1952


10,000.00


1.000.


Great Northern Ry. 41/2 D 1976


1.000.00


5 000.


Illinois Central Railroad, 1st GB 31%, 1951


4,537.50


5.000.


Jamestown Franklin & Clearfield R.R. 1st 4 1959


4,756.25


5,000.


Louisville & Nashville. R.R. 1st G 27/8 2003


4,925.00


5.000.


Monongahelia Power Co. 1st 3 1975


5,100.00


5,000.


Missouri Kansas & Texas Ry. 5 1961


5,045.00


10,000.


Montana Power Co. 27/8 1975


10,250.00


5,000.


Mountain State Tel. & Tel. Co. 31/8 1978


5.000.00


3,000. Narragansett Electric Co. 3 1974


3,000.00


5,000.


New England Tel. & Tel. Co. 3 1982


5,069.85


10,000.


New Jersey Bell Telephone Co. 31/8 1988


10,000.00


10,000. Northern Indiana Public Service 31/8 1973


10,000.00


5,000.


Northern Pacific R.R. Pr. Ln. 4 1997


5,000.00


5,000. Northern Pacific Ry. Ref. & Imp. A 41/2 2047


5.000.00


10,000.


Northwestern Bell Telephone 23/4, 1984


10,075.00


5,000.


Pacific Gas & Electric 3 1979


5,000.00


5,000.


Pacific Tel. & Tel. Co. 27/8 1986


4,937.50


5,000.


Philadelphia Electric Co. 23/4 1981


5,000.00


5,000.


Pittsburg, Cincinnati Chic. & St. Louis R.R. GM A 5 1970


5,000.00


13.000.


Reading Company 31/8 D 1995


13,000.00


11.000.


Seattle Gas Company 35/8 1976


10,830.00


5.000.


Southern Pacific R.R. 21/4 1961


4,781.25


5.000,


Southern Pacific R.R. 27/8 1986


4,825.00


5.000.


Southern Railway Co. 1st Cons. 5 1994


5,000.00


4 000.


U. S. Treasury 2 1951-53


4,000.00


15.000.


U. S. Treasury 2 1954-52


15,000.00


18.000.


U. S. Treasury 2 1954-52


18,000.00


5.000.


U. S. Treasury 21/2 1955 G


5,000.00


5.000.


U. S. Treasury 21/2 1955 G


5,000.00


2,800.


U. S. Treasury 2 1955


2,800.00


2,000.


U. S. Treasury 21/2 1956 G


2,000.00


5.000.


Chicago. Indiana & Southern R.R. 4 1956


4,817.92


83


14,000. U. S. Treasury 21/4 1962


14,000.00


10,000. U. S. Treasury 21/2 1970-65


10,000.00


3,800. U. S. Treasury 21/2 1972


3,800.00


10,000. U. S. Treasury 212 1972-67


10,000.00


200 Shares -- First National Bank, Boston


9,825.00


25 Shares -- Granite Trust Company


8,735.00


200 Shares -- National Shawmut Bank


5,000.00


200 Shares-Quincy Trust Company


4,150.00


10,000 Abington Savings Bank


10,000.00


5,000 Braintree Savings Bank


5,000.00


4,000 Brookline Savings Bank


4,000.00


4,000 Cohassett Savings Bank


4,000.00


5,000


Dedham Institution for Savings


5,000.00


5,000 East Weymouth Savings Bank


5,000.00


5.000 East Weymouth Savings Bank


5,000.00


5,000 Hingham Institution for Savings


5,000.00


16,038 Quincy Savings Bank


16,038.00


5,000 Randolph Savings Bank


5,000.00


7,000 South Weymouth Savings Bank


7,000.00


7,000 Weymouth Savings Bank


7,000.00


$424,863.23


CITY OF QUINCY, MASS. WOODWARD FUND AND PROPERTY


Cash on hand, January 1, 1950


$264.20


Receipts


Payments on Mortgages


$12,025.00


Sale of securities-bonds


$38,593.26


Sale of securities-stock


20,357.09


58,950.35


70,975.35


Sale land


25,243.00


Interest and dividends-stocks and bonds


6,536.02


Interest on mortgages


4,346.18


Savings banks


28.08


Income from Institute


12,760.12


Refund Insurance premium


17.01


Withholding tax


2,300.15


Reserved collections


For taxes and water accounts


2,006.06


Expenditures


Purchase of securities


$70,980.77


Deposit Savings bank


10,000.00


Administration


19.96


Gilson Road Property


88.09


Board of Managers


On Institute-repairs


116.78


Insurance


394.70


511.48


By Institute-Payrolls


22,076.83


Books, Supplies and Sundries


1,063.16


Fuel


2,860.35


Lighting


359.24


Telephone


145.35


Improvements, repairs and fixtures


818.80


27,323.73


23,688.01


$124,476.77


81,088.82


84


Accrued Interest on bonds


Boilers - installation Appraisal Land sale Withholding Tax Reserved Collections


412.86


8,508.00


811.20


2,300.15


2,006.06


Cash on hand, December 31, 1950


1,514.47


$124,476.77


INCOME ACCOUNT


Total expenditure


$28,356.12


Total income


23,688.01


Deficit charged to Income Fund


$4,668.11


ADAMS TEMPLE AND SCHOOL FUND


Cash on hand, January 1, 1950


-5,172.05


RECEIPTS


Notes secured by Mortgage


$4,150.00


Sale of Securities


180.00


Land Sales


9,200.00


13,530.00


INCOME


Mortgage Loans


$1,902.50


Stocks and Bonds


6,167.77


Savings Bank Deposits


426.10


Rents


2,124.00


Refund Insurance


7.61


Withholding tax


10,627.98 261.30


EXPENDITURES


Notes secured by Mortgage


$4,000.00


Purchase of Securities


15,000.00


Administration of Fund


891.80


19,891.80


Withholding Tax


261.30


Expenses on Property


Adams Academy-Insurance


181.05


Materials and repairs


1,124.63


Care Grounds and Building


3,000.40


4,306.08


Expense by School Department


Covering Supplies for School Libraries


4,298.26


Expense New Flag Pole


167.00


Cash on hand December 31, 1950


666.89


$29,591.33


UNEXPENDED INCOME ACCOUNT


$2,976.65


Unexpended Income


1,131.84


Expended-New flag pole


167.00


On hand December 31, 1950


$3,941.49


85


$122,962.30


$4,108.49


Balance-January 1, 1950


$28,924.44


$29,591.33


BALANCE SHEET


Cash


$666.85 214,734.58


General Fund


$253,409.98


Investments


Unexpended Income 3.941.49


Mortgages


41,950.00


$257,351.47


$257,351.47


Also parcels of Real Estate-Assessed valuation


$84,075.00


INVESTMENTS


$5,000. American Tel. & Tel. 33/8 1973


$5.115.00


6,000. Arkansas Power & Light Co. 31/8 1974


6,000.00


5,000. Atchison, Topeka & Santa Fe R.R. GM 4 1995


5,000.00


5,000. Atlantic Coast Line R.R. 1st 4 1952


5,000.00


5,000. Baltimore & Ohio R.R. Pitts. L. Erie & W. Va. ref. 4 1952


5,000.00


8,000.


Boston & Albany R.R. Ref Deb gtd 5 1963


8,000.00


1,500.


Boston & Maine R.R. 1st Mtg Series R.R. 4 1960


1,500.00


1,500.


Bostonl & Maine R.R. Inc Mtg A 41/2 cum. 1970


1,405.34


5,000.


Carthage & Adirondack Ry gtd 4 1st 1981


4,343.39


5,000. Chicago Burlington & Quincy R.R. GM 4 1958


4,888.51


4,000.


Great Northern Railway 512 1952


4,000.00


1,000.


Great Northern Railway GM D 412 1976


1,000.00


5,000.


Illinois Central R.R. St. Louis Div & Term 312 1951


4,513.52


5,000.


Illinois Central R.R. Louisville Div 1st 31/2 1953


4,575.00


5,000.


Jamestown Franklin & Clearfield 1st 4 1959


4,781.94


5,000.


Louisville & Nashville R.R. 33/4 2003


4,900.00


4,000.


Narragansett Electric Co. 3 1974


4,000.00


10,000.


New York Telephone Co. 23/4 D 1982


10,256.25


5,000.


Pennsylvania Railway Gen Mtg A 41/2 1965


4,862.50


3,500.


U. S. Treasury 2 1951/53


3,500.00


15,000.


U. S. Treasury 2 1954/52


15,000.00


7,000.


U. S. Treasury 2 1954/52


7,000.00


3,000.


U. S. Treasury 212 1955 G


3,000.00


10,000.


U. S. Treasury 212 G 1962


10,000.00


5,000.


U. S. Treasury 21/2 1962/59


5,000.00


10,000.


U. S. Treasury 212 1963/68


10,000.00


10,000.


U. S. Treasury 21/2 1970/65


10,000.00


5,000.


Reading Company 312 1995


5,000.00


5,000.


Seattle Gas Company 35/8 1976


5,000.00


8,000.


Wisconsin Electric Power Co. 25/8 1976


8,000.00


2


Shares-Boston & Maine R.R. 1st Pref D


520.00


37


Shares-Eastern Gas & Fuel Associates-Prior Pref


2,927.62


200


Shares-First National Bank of Boston


10,875.00


5


Shares-Granite Trust Company-Quincy


1,570.00


200 Shares-National Shawmut Bank of Boston


5,700.00


5,000. Braintree Savings Bank


5,000.00


4,000. Hingham Institute for Savings


4,000.00


5.000. Quincy Savings Bank


5,000.00


3,500.


South Weymouth Savings Bank


3,500.00


5,000.


Weymouth Savings Bank


5,000.00


$214,734.58


86


CHARLES FRANCIS ADAMS FUND


Cash on hand January 1, 1950 Receipts


$583.32


Income on Securities


731.25


$1,314.57


Expenditures


Administration of Fund


$4.50


By the School Department


363.00


367.50


Cash on hand December 31, 1950


947.07


FUND


$11,640.74


Unexpended Income


11,281.33


22,922.07


STATEMENT OF FUND


Investments


21,975.00


Cash on hand


947.07


22,922.07


INVESTMENTS


$5,000.


Arkansas Power & Light Co. 31/8 1974


$5,210.00


5,000. Consolidated Edison Co. N. Y. 23/4 1982


5,142.50


2,000. New Jersey Bell Tel Co. 31/8 1988


2,047.50


5,000. Southern Railway 1st Cons. 5 1994


5,000.00


1,000. U. S. Treasury 21/2 G 1956


1,000.00


25 Shares-Second National Bank-Boston


3,575.00


$21,975.00


BALANCE SHEET


$253,432.05


Sale of land


$25,243.00


Appraisal


811.20


24,431.80


Securities sold-loss


5,755.44


$272,108.41


Income Fund


$92,029.79


Boilers


$8,508.00


Securities sold


2,877.71


Deficit income


4,668.11


16,053.82


75,975.97


Cash


$1,514.47


Investments


189,444.91


Mortgage loans


77,125.00


Institute land and Buildings


$77,000.00


Property - Gilson Road


& 3,000.00


80,000.00


$348,084.38


INVESTMENTS


3,000. American Telephone & Telegraph Co. 33/8 1973


$3,000.00


7,000. American Telephone and Telegraph Co. 23/4 1982


7,000.00


10,000. Arkansas Power & Light Co. 31/8 1974


10,000.00


4,000.


Baltimore & Ohio R.R. Pittsburgh Lake Erie & W. Va.


4 1980


4,000.00


87


$348,084.38


$277,863.85


General Fund


$1,314.57


2,000. Bangor & Aroostook R.R. 4 1951


1,905.00


5,000. Cambria & Clearfield R.R. GM 4 1955


5,000.00


5,000. Consolidated Edison of N.Y. 23/4 1982 5,000.00


10,000. Illinois Central R.R. Co. "A" 5 1963


10,826.75


10,000. Missouri Kansas & Texas A 5 1962


9,760.00


5,000.


New York Central R.R. Cons. A 4 1998


4,237.50


10,000. North Indiana Public Service Co. 1st C 31/2 1973


10,000.00


10,000. Reading Company 31/8 1995


9,112.50


5,000. Southern Pacific Co. Oregon Lines 1st A 412 1977


4,887.50


5,000.


Southern Pacific Co. R.R. 27/8 1986


4,615.85


5,000.


U. S. Treasury 21/2 G Sept. 1961


5,000.00


8,000.


U. S. Treasury 212 1969/64


8,065.00


25,000.


U. S. Treasury 21/2 1970/65


25,453.13


1,000.


U. S. Treasury 212 1972


1,000.00


11,000.


Quincy Savings Bank


11,000.00


36


Shares-American Telephone & Telegraph


2,644.85


27


Shares-Boston and Albany R.R.


4,900.00


300


Shares-First National Bank of Boston


16,356.25


135 Shares-Pennsylvania R.R.


7,904.99


300 Shares-National Shawmut Bank of Boston


8,412.50


30


Shares-Second National Bank of Boston


4,363.09


$189,444.91


CITY OF QUINCY-RETIREMENT SYSTEM RECEIPTS


Cash on hand, January 1, 1950


$14,307.90


Deposited by Members


137,339.67


Appropriated by City


48,357.00


Income from Investments


27,883.00


Bonds called and sold


41,325.00


$269,212.57


EXPENDITURES


Warrant Payments (pensions and withdrawals)


$60,326.04


Securities purchased


188,943.19


Accrued interest on securities purchased


1,474.86


$250,744.09


Cash on hand, December 31, 1950


18,468.48


$269,212.57


STATEMENT OF FUND


Cash on hand


$18,468.48


Investments 4% System


$181,490.89


5% System


819,163.90


1,000,654.79


TOTAL FUND


$1,019.123.27


INVESTMENTS


4% System


10,000. American Telephone & Telegraph 23/4 1961


$10,761.18


10,000. Atlantic Coast Line R.R. 1st 4 1952


9,107.50


15,000. Baltimore & Ohio R.R. 1st 4 1975


13,519.88


8,000. Boston and Albany R.R. 312 1952


6,810.00


10,000. Boston & Albany R.R. 5 1963


10,362.02


10,000. Boston & Maine R.R. 4 1960


10,039.20


10,000.


Central Maine Power Co. 23/4 1976


10,050.00


5,000. Chesapeake & Ohio Ry 312 1996


5,527.77


88


$200,004.57


5,000. Pittsburgh Cincinnati & St. Louis R.R. 5 1975


5,000.00


10,000. Louisville & Nashville R.R. 33/4 2003


10,000.00


10,000. Missouri, Kansas & Texas Ry 4 1990


8,526.60


10,000. Morris & Essex R.R. 1st & Ref 31/2 2000 7,946.44


10,000. Northern Pacific Ry pr Lien Ry Land Grant 4 1997


8,976.26


5,000.


Philadelphia Electric Co. 23/4 1967


5,100.00


9,000.


ruget Sound Power & Light Co. 412 1st 1971 Southern Pacific Co-Oregon Lines 1st A 41/2 1977


9,349.24


5,000.


4,900.80


10,000.


Texas & Pacinc Railway Ist 5 2000


10,057.99


10,000.


Southern Railway Co 1st Cons Mtg 5 1995


9,744.53


10,000. U. S. Treasury 2 1954/52


10,116.24


10,000. U. S. Treasury G 1961


10,000.00


10,000.


Wisconsin rower & Light Co. 31/4 1971


10,595.24


$181,490.89


INVESTMENTS


5% System


$10,000. American Telephone & Telegraph Co. 234 1961


$10,521.72


8,000. American Telephone & 'Telegraph Co. 23/4 1980


8,010.00


7,000. Atchison, Topeka & Santa Fe GM 4 1995


7,584.55


15,000. Chesapeake & Ohio R.R. 312 1996


15,548.41


10,000.


Chicago, Burlington & Quincy R.R. GM 4 1958


9,601.41


15,000.


Consolidated Edison Co. 23/4 1982


15,244.40


10,000. Erie Railroad 31/8 2000


9,526.12


15,000. Illinois Central R.R. & Chi., St. L. & New Orleans 5 1963


14,590.80


15,000.


Missouri Kansas & Texas R.R. 5 1962


15,093.95


15,000. Monongahelia Power 3 1977


15,300.00


15,000.


Montana Power Co. 27/8 1975


14,693.75


10,000.


Mountain States Telephone Co. 31/8 1978


10,084.33


10,000.


New Jersey Bell Telephone Co. 31/8 1988


10,212.50


10,000.


New York Central & Hudson River GB 31/2 1997


7,561.45


10,000.


New York Telephone & Telegraph Co. 3 1981


10,112.50


10,000.


Northern Pacific Railway Gen Lines SF 2 2047


6,625.00


15,000.


Pacific Gas & Electric Co. 27/8 1980


14.953.57


15,000.


Pacific Tel & Tel Co. 31/8 1987


15,475.00


5,000.


Pennsylvania Electric Co. 33/8 1972


5,325.00


5,000.


Pennsylvania Electric Co. 234 1976


5,032.40


20,000.


Philadelphia Electric Co. 234 1967


15,300.00


15,000.


Reading Company D 31/8 1995


15,199.50


15,000.


Rock Island & Pacific R.R. 27/8 1980


14,868.75


15,000.


Southern Pacific Ry Co 21/4 1961


14,486.59


10,000.


Southern Railway Co. St. Louis Div 1st 4 1951


9,813.37


15,000.


St. Louis & San Francisco Ry 1st 4 1997


13,187.50


10,000.


Virginian Railway 3 1995


10,565.29


25,000. 8,000.


U. S. Treasury 21/4 1952/55


8,000.00


70,000.


U. S. Treasury 21/2 G March 1958


70,000.00


30,000.


U. S. Treasury 212 G May 1958


30,000.00


30,000.


U. S. Treasury 21/2 G January 1959


30,000.00


65,000.


U. S. Treasury 21/4 1962/59


65,000.00


10,000.


U. S. Treasury 212 1968/63


10,000.00


100,000. U. S. Treasury 21/2 1969/64


104,265.62


95,000.


U. S. Treasury 212 1972/67


95,940.24


15,000. Wisconsin Power & Light Co. 31/4 1971


15,937.50


35,000. Quincy Savings Bank


35,000.00


$819,163.90


89


U. S. Treasury 2 1954


25,398.35


15,000.


Detroit Edison Co. 234 1982


15,104.33


Report of the Collector of Taxes 1950


To William J. Deegan, City Manager of Quincy :-


I have the honor to submit the following report of the Tax Collector's Department for the year ending December 31, 1950. The amount of cash collected on the tax for the various years is as follows :-


PERSONAL TAX OF 1948


Cash received


Amcunt uncollected January 1, 1950 Less abatements


$1,264.28 247.00


1,017.28


Abatement refunds


247.00


1,264.28


Amount collected during year 1950


392.71


$392.71


Amount uncollected January 1, 1951


871.57


Amount of interest collected


PERSONAL TAX OF 1949


Amount uncollected January 1, 1950


$20,513.19


Less abatements


803.08


19,710.11


Abatement refunds


348.50


20,058.61


Amount collected during year 1950


15,217.70


15,217.70


Amount uncollected January 1, 1951


4,840.91


Amount uncollected January 1, 1950 $308,114.86


Charges


361.02


Credits


40,267.85


268,208.03


Less abatements


6,551.25


261,656.78


Abatement refunds


6,174.60


267,831.38


Amount collected during year 1950


266,629.87


266,629.87


Amount uncollected January 1, 1951 Amount of interest collected


1,201.51


5,889.57


MAIN SEWER APPORTIONMENTS OF 1949


Amount uncollected January 1, 1950


$565.21


Credits


133.40


Amount collected during year 1950


370.34


370.34


Amount uncollected January 1, 1951


61.47


1.39


REAL ESTATE TAX OF 1949


308,475.88


431.81


90


SIDEWALK APPORTIONMENTS OF 1949


Amount uncollected January 1, 1950


$5.31


Amount collected during year 1950


5.31 5.31


STREET BETTERMENT APPORTIONMENTS OF 1949


Amount uncollected January 1, 1950


$1,293.87


Credits


99.10


1,194.77


Amount collected during year 1950


968.01


968.01


Amount uncollected January 1, 1951


226.76


COMMITTED INTEREST ON BETTERMENTS OF 1949


Amount uncollected January 1, 1950


$493.89 49.04


Credits


444.85


Amount collected during year 1950


399.35


399.35


Amount uncollected January 1, 1951


45.50


PERSONAL TAX OF 1950


Total amount committed by Assessors


$426,468.78 1.00


Charges


426,469.78


Less abatements


2,357.18


424,112.60


Abatement refunds


544.66


424,657.26


Amount collected during year 1950


400,376.94


400,376.94


REAL ESTATE TAX OF 1950


Total amount committed by Assessors


$6,247,406.14 5,564.64


6,252,970.78


Credits


255.38


6,252,715.40


Less abatements


86,832.66


6,165,882.74


Abatements refunds


8,062.46


6,173,945.20


Amount collected during year 1950


5,882,670.91


5,882,670.91


Amount uncollected January 1, 1951


291,274.29


Amount of interest collected


1,172.65


91


Amount uncollected January 1, 1951


24,280.32


Charges


MAIN SEWER APPORTIONMENTS OF 1950 Total amount committed by Assessors $4,172.16


Amount collected during year 1950


3,637.19


3,637.19


Amount uncollected January 1, 1951


534.97


SIDEWALK APPORTIONMENTS OF 1950


Total amount committed by Assessors


$23.28


Amount collected during year 1950


23.28


23.28


STREET BETTERMENT APPORTIONMENTS OF 1950 Total amount committed by Assessors $20,394.90 Credits 18.06


20,376.84


Less abatements


111.81


20,265.03


Amount collected during year 1950


17,807.57


17,807.57


Amount uncollected January 1, 1951


2,457.46


COMMITTED INTEREST ON BETTERMENTS OF 1950 Total amount committed by Assessors $7,890.69 Credits 5.06


7,885.63


Less abatements


60.93


7,824.70


Amount collected during year 1950


6,866.71


6,866.71


Amount uncollected January 1, 1951


957.99


Total amount committed by Assessors


207.27


18,081.16


Credits


15.45


18,065.71


Less abatements


417.03


17,648.68


Amount collected during year 1950


13,811.87


13,811.87


MOTOR EXCISE TAX OF 1950


Total amount committed by Assessors


$464,299.72


Charges


464,504.58


Less abatements


16,377.95


448,126.63


Abatement refunds


7,756.58


Amount collected during year 1950


426,244.32


426,244.32


Amount uncollected January 1, 1951


29,638.89


Amount of interest collected


165.06


WATER LIENS ON 1950 REAL ESTATE BILLS 17,873.89


Charges


3,836.81


Amount uncollected January 1, 1951


204.86


455,883.21


92


MOTOR EXCISE TAX OF 1949


Amount uncollected January 1, 1950


$35,798.01 2,851.15


Warrants by Assessors


38,649.16 21.44


Charges


38,670.60


Less abatements


1,159.82


Abatement refunds


1,018.77


38,529.55


Amount collected during year 1950


32,648.69


32,648.69


Amount uncollected January 1, 1951


5,880.86


Amount of interest collected


158.62


MOTOR EXCISE TAX OF 1948


Amount uncollected January 1, 1950


$3,996.66 349.73


349.73


Amount uncollected January 1, 1951


3,646.93


Amount of interest collected


8.84


MOTOR EXCISE TAX OF 1947


Charges


Amount collected during year 1950


$65.74 65.74


65.74


Amount of interest collected


1.54


MOTOR EXCISE TAX OF 1946


Charges


$2.48


Amount collected during year 1950


2.48


2.48


Amount of interest collected


.04


POLL TAX OF 1950


Total amount committed by Assessors


$55,250.00 17.00


55,267.00


Less abatements


5,804.00


Abatement refunds


130.00


Amount collected during year 1950


47,325.00


47,325.00


Amount uncollected January 1, 1951


2,268.00


Charges


49,463.00


49,593.00


93


Amount collected during year 1950


37,510.78


POLL TAX OF 1949


Amount uncollected January 1, 1950 Charges


$1,840.00 2.00


Less abatements


106.00


1,736.00


Abatement refunds


4.00


1,740.00


Amount collected during year 1950


306.00


Amount uncollected January 1, 1951


1,434.00


POLL TAX OF 1948


Amount uncollected January 1, 1950 Charges


2.00


Less abatements


8.00


Amount collected during year 1950


140.00


140.00


Amount uncollected January 1, 1951


860.00


Charges


$4.00


Amount collected during year 1950


4.00


4.00


MAIN SEWERS


Amount collected on Sewer Construction


2,246.60


Amount of interest collected


9.78


STREET BETTERMENTS


Amount collected on Street Betterments


41,288.33


Amount of interest collected


69.72


Amount collected on Water Liens previous


178.48


Costs collected during year 1950


3,503.03


Total amount of Cash collected during year 1950


$7,170,957.37


FREDERICK C. SMAI L,


Collector of Taxes.


94


306.00


$1,006.00


1,008.00


1,000.00


POLL TAX OF 1947


1,842.00


Assessor's Report


Mr. William J. Deegan, Jr.,


City Manager


Quincy, Massachusetts Dear Sir :-


The following is respectfully submitted as the report of the Assessing Department for the year 1950:


VALUATION


Value of Buildings


Value of Land


$ 99,646,600.00 38,566,750.00


Total Value of Land and Buildings $138,213,350.00


Value of Personal Property


9,435,150.00


Total Valuation of the City as determined January 1, 1950 TAX RATE - $45.20


$147,648,500.00


Amount to be raised by Taxation


S 6,673,712.20


Amount to be raised on Poll Taxes


54,240.00


The valuation was increased by omitted assessments levied in December 1950


3,600.00


Net valuation of Motor Vehicles Dec. 31, 1950


10,514,034.00


Total Valuation of the City including Motor Vehicles for 1950 was


$158,166,134.00


RECAPITULATION FOR 1950


CITY APPROPRIATIONS


Budget


$ 8,957,501.97


City Debt


450,000.00


General Interest


60,418.75


Temporary Loan Interest


13,000.00


New Loan Interest


4,650.00


Water Appropriation




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