Inaugural address of the mayor, with the annual report of the officers of the city of Quincy for the year 1951, Part 6

Author: Quincy (Mass.)
Publication date: 1951
Publisher:
Number of Pages: 110


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 1951 > Part 6


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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487.71


70.51


417.20


Hospital Trusts Income


17,063.50


800.93


17,864.43


420.59


17,443.84


Rock Is. Fund Income


117.72


20.10


137.82


25.93


111.89


Johnson Turkey Fund


40.20


40.20


40.20


Hospital Research Funds


244.29


244.29


14,61


229.68


Mass. Heart Assoc. Fund


3,700.00


3,700.00


3,302.50


397.50


Hospital Trust Fund


3,690.00


3,690.00


3,690.00


Tax Title Refund


3,698.20


3.698.20


3.698.20


Excess and Deficiency Fund


53.34


53.34


53.34


Aid to Dep. Child. F. Gr. .


36,987.08


99,684.78


136.671.86


87,544.96


49.126.90


Old Age Fed. Grant


21,119.09


573,396.19


594,515.28


486,994.47


107,520.81


Acct. Spec. School Lunch


7.654.08


109.026.68


116,680.76


107.515.59


9.165.17


Quincy School Ath. Acct.


1,054.16


19.939.10


23,993.26


17,657.63


6,335.63


Geo. Dean Fund (Fire)


86.97


86.97


10.00


76.97


Smith-Hughes Fund


2.048.37


2.146.13


4,194.50


2,048.37


2.146.13


Geo. Barden Fund


3.973.00


1.469.55


5,442.55


3,973.00


1.469.55


Premium on Bonds


13.015.01


6.821.70


19,836.71


2.673.28


17.163.43


Parking Meters


53,783.50


87.195.92


18,473.38


22,462.20


26,011.18


Trusteed Accts.


2,802.41


892.68


3,695.09


223.82


3,471.27


Cash Advance


705.00


705.00


705.00


Post War Rehab.


1,738.50


131,763.02


133,501.52


129.480.94


4,020.58


Departmental Refunds


848.68


818.68


848.68


Tax Refunds


50,519.06


50,519.06


50,519.06


528.50


Collections for County


57.60


6,763.00


6,820.60


6,696.20


124.40


Withholding Tax


709.997.88


709.997.88


709.997.88


Tax Possessions Dep.


75.00


415.00


490.00


395.00


95.00


Cesspool and Vault Dep.


117.00


1.461.00


1.578.00


1.263.00


315.00


Particular Sewer Dep.


3.050.00


23,825.00


26,875.00


24,666.00


2,209.00


Water Deposits


575.00


6,425.00


7.000.00


5.875.00


1,125.00


Rock Island Sewer Dept.


5.484.00


5.484.00


5,484.00


$174,905.07


$1,886,493.33


$92,506.04


$1,968.892.36


$1,701,113.26


$267,779.10


NON-REVENUE


045


Pub. Wks. New Equip.


$145.195.07


$145,195.07


$144,280.81


$914.26


022


Squantum School


144.43


144.43


144.43


039


Atherton Hough School


2.029.94


2,029.94


10.00


2.019.94


040


Houghs Neck Fire Sta.


7,502.72


7,502.72


7,064.89


437.83


041


Constr. of Pub. Blogs.


6.279.33


6,279.33


1,301.16


4,978.17


020


Health Center


51,086.96


85,958.60


85,861.35


97.25


021


Wollaston School


117.619.45


117,619.45


106,382.23


11,237.22


642


Street Construction


95.209.43


279,524.22


$40.381.80


334.351.85


259,596.34


74,755.51


664


Sewer Construction


10.484.51


125.000.00


135,484.51


117.916.07


17,568.44


042


Rock Island Sewer


9.888.20


235.000.00


214,888.20


191,780.69


53.107.51


043


Mun. Parking Area


17.215.18


17.215.18


1,559,60


15,655.58


030


Spec. Land Takings


24,516.33


$65.80


24,582.13


5,366.66


19,215.47


645


Sidewalks


32.84


32.84


32.84


044


Off Street Parking


60,000.00


96,000.00


156,000.00


143,415.84


12,584.16


110 Civil Defense


75,000.00


75,015.04


28,166.51


16,848.53


043


Parking Land


245,273.54


245,273.54


219,605.41


25,668.13


064


Const. Center St.


40,316.00


40,316.00


29,990.02


10.325.98


SCHOOL CONSTRUCTION


500.000.00


500,000.00


61.263.42


058


Fenno St. School Con.


138,393.54


059 Germantown School


171.116.37


060 Trade School


92,049.11


061 Montelair School


37,177.56


$547,219.43


$1,590.669.40 $40,381.80 $40.381.80


$2,137,888.31


$1,781,034.16


$356.854.67


. City of Quincy


82


Collections for State


4.706.75


1,706.75


4.178.25


$92,506.04


004 New Loan Interest


005 Int. on Tax Refunds


15.04


34,871.64


RECEIPTS, 1951 GENERAL REVENUE


Current Year:


Poll


Personal


Real Estate


Motor Vehicle Excise Tax


$ 7,122,304.02


Previous Year :


Poll


S 292.00


Personal


18,051.23


Real Estate


274,128.19


Motor Vehicle Excise Tax


50,442.89


Tax Title Redeemed


9.335.42


352,249.73


From State:


Corporation Tax


$ 626.347.15


Income Tax 1951


204,691.50


Education


470.532.36


Metropolitan Parks Charles River Basin Sewer Co.


52,081.04


Licenses :


Liquor


S 71,140.00


All Others


20,056.70


Permits:


Marriage


S 1,936.00


Plumbing


5.132.00


Alcohol


63.00


Garbage


29.00


Milk


209.50


Beverage


60.00


7.429.50


Court Fines and Forfeits


3,283.75


GRANTS AND GIFTS


From State:


Industrial School (Smith-Hughes and George Deen Funds)


S 3.615.68


Vocational Education


49,734.92


Meal Tax


21,264.89


74.615.49


From County:


Dog Licenses


4,707.90


COMMERCIAL REVENUE


Gypsy Moth


S 2.50


Street Betterments


42,986.23


Sidewalks


23,28


Main Sewer


13,514.13


56,526.14


DEPARTMENTAL REVENUE


City Treasurer. Costs


S 156.00


Tax Collector, Costs


2,411.07


City Clerk, Recording and Special


10,679.45


Tax Collector, Cash Advance


S 300.00


Hospital, Cash Advance


375.00


Fire, Cash Advance


15.00


City Clerk, Cash Advance


5.00


Library, Cash Advance


10.00


705.00


PARK


Rent Fore River Club


S 2,447.50


Use of Stadium and Playgrounds


1.118.64


Sale of Tags (Braintree Dam)


209.00


Damages Stadium Gate


342.50


Damages Bubbler


12.00


Sale of Junk


82.75


PROTECTION OF PERSONS AND PROPERTY


Police Department :


Gun Permits


S 157.50


Bicycle Registrations


86.50


Sale of Junk


80.10


4,212.39


Annual Report


83


$ 394,945.86 410,618.67 5.838.998.56 477,74093


1,353,652.05


91,196.79


13,246.52


Sale of Used Materials Care of Prisoners Dividend Cancelled Miscellaneous


140.01


34.20


23.96 118.57


640.84


Fire Department :


Sale of Old Material


S 114.18


Sale of Junk


60.00


Miscellaneous


485.61


659.79


State:


Gas Tax Refunds


245.96


Sealer of Weights:


Fees


2,411.25


Building Inspector:


Fees


10,788.06


Wire Inspector : Fees


6,109.65


Engineering : Fees


1,665.00


Fire and Police Signals:


Damage to Police Cars


618.89


Claims - Fire and Police Signals


310.50


Gypsy Moth:


Dividende - Insurance Policy


12.36


HEALTH AND SANITATION


Contagious


2,942.00


Sanitation :


Particular Sewers - Labor and Materials


S 26,027.52


Damage to Car


144.45


Refuse and Garbage:


939.00


Garbage


11,850.00


12,789.00


Rental -- Health Center


450.00


HIGHIWAYS


Trimming Trees (Quincy Electric Light & Power Co.


S 8,257.54


Damage to Fence


233.00


Refund - Drums


12.00


Rentals


2.942.00


Miscellaneous


1,169.21


12,613.75


CHARITIES


Reimbursement for Relief :


Outside Aid:


S 1,910.17


Individuals


12.742.62


Cities and Towns


12,742.62


State .


28,773.21


Recovery


6,679.05


50,105.05


Mother's Aid:


State


S 79,129.34


Federal Grant


99,392.88


Recovery


945.52


Refund


277.15


179,744.89


Old Age Assistance:


Cities and Towns


S 18,023.80


State


471,377.20


Federal Grant


572,195.65


Recovery


9,019.59


1,070,616.24


HOSPITAL


Received from Patients


$1,133,102.60


Endowment Fund


2,100.00


Employees Board and Room


32,871.75


From State - Alcoholic Clinic


5,915.37


Miscellaneous


4.784.80


E


1,178,774.52


EDUCATION


School Department :


Tuition


S 607.48


Sale of Books and Supplies


3.092.09


Rents


3.178.00


6,877.57


. City of Quincy


8+


26,171.97


Scavenger


From State:


Reimbursement School Construction


Industrial School: Sale of Products Industrial School Revenue: Receipts from Cities and Towns


410.85


10,743.85


11.154.81


LIBRARY


Fines


S 5,304.24


Miscellaneous


497.51


5,801.75


UNCLASSIFIED


Veterans' Services


S 80.252.50


Parking Meters


87.195.92


Income from Tax Po-sessions


360.00


West Acres Surplus


16.462.26


Rebuilding Streets ( County Share)


24,524.22


Sale of City Property


6,415.00


Quincy Housing Project (in lieu of taxes)


10,165.75


State Housing Board


31,977.04


Ilealth Center Project


34.871.64


Quincy School Athletic Fund


19,939.10


Quincy School Lunch Account


109,026.68


Telephone Refunds


51.56


Sale of Junk - Purchasing Department


3,637.34


Purchase Land (Gilbert Street)


151.25


Sale of Land (Sachem Brook


$100.00)


( Rockland Street


50.00 )


150.00


Cash Variation - Treasury Department


32.29


Refund - Military (Leaving State)


1,026.48


Bounties


5.50


426,244.53


WATER SERVICE ENTERPRISES


Water Department :


Water Rates 1951


399,202.36


Previous Years


5,103.75


Water Service Connections


34,905.57


Water Liens


16.892.35


Sale of Junk


2,199.34


Returned Premium


49.01


458.352.38


CEMETERIES


Burial Department :


Sale of Lots and Graves


S 15,698.00


Care of Lots and Grave


1,015.00


Opening Graves


24,005.00


Foundations and Grading


3.729.58


44,447.58


INTEREST


Interest on Taxes


7.250.55


Interest on Tax Titles


600.55


Interest on Assessments


158.40


Committed Interest


8,577.19


Interest on Street Betterment>


67.04


Interest on Main Sewers


3.44


Miscellaneous


126.95


Interest on Trust Funds:


Perpetual Care


S 13,027.81


Post-War Rehabilitation


1,763.02


Welfare


40.20


School


20.10


Cemetery


156.73


Hospital


770.83


Accrued Interest on Bonds


1.860.65


Preminm on Bond Sales


MUNICIPAL INDEBTEDNESS


Temporary Loans - (In anticipation of borrowings)


$ 975.000.00


Temporary Loan> (In anticipation of Revenue) 2,500.000.00


General Loans


875,000.00


10,084.46


16,784.12


17,739.34 6.821.70


Innual Report -


85


Post-War Rehabilitation Off Street Parking ( Treasury Bonds) Reinvestment of Securities


260.000.00 47,821.92 47,800.32


4,705,622.24


DEPARTMENTAL REFUNDS


Civil Defense


S 1.75


Police


12.00


Fire


16.95


Sewer


11.15


Elections


1.50


City Clerk


41.90


Health


12.86


School Cafeteria


1.10


Water


14,82


Hospital


82.67


Old Age Assistance


11,055.52


Welfare


14.46


Purchasing


18.62


Treasurer


26.40


Workingmen's Compensation


30.00


Highway and Forestry


37.24


11,378.74


AGENCIES AND TRUST


Deposits


S 37,170.00


Hunters' Licenses


4,706.75


Deposit on Sale of Tax Possession>


415.00


Hospital Trust Funds


3,700.00


Payroll Tailings .


892.68


Perpetual Care Fund


17,850.00


For County Dogs


6,763.00


Withholding Tax


709,997.88


Serposs Fund ( Health )


3.690.00


S


785,185.31


$18,148,293.44


REPORT OF THE COLLECTOR OF TAXES


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, 1951.


The amount of cash collected on the tax for the various years is as follows :-


PERSONAL TAX OF 1950


Amount uncollected January 1. 1951


S 24.280.32


Charges


31,64


24.311.96


Less Abatements


872.36


23.439.60


Abatement refund-


81.36


23,520.96


Amount collected during year 1951


16,740.25


S 16,740.25


Amount uncollected January 1, 1952


6,780.71


REAL ESTATE TAX OF 1950


Amount uncollected January 1, 1951


$ 291,274.29


Charges


636.17


291,910.46


Credits


16,906.00


275,004.46


Less Abatements


4,649.18


270,355.28


Abatement refunds


4,156.50


Amount collected during year 1951


273,683.69


273,683.69


Amount uncollected January 1, 1952


828.09


Amount of interest collected


6,078.54


86 . . City of Quincy


Cash Received


274,511.78


MAIN SEWER APPORTIONMENTS OF 1950


Amount uncollected January 1, 1951 Charges


S 534.97 20.96


Credits


141.28


Less Abatements


58.52


Abatement refunds


17.80


373.93


Amount collected during year 1951


312.46


Amount uncollected January 1, 1952


61.17


STREET BETTERMENT APPORTIONMENTS OF 1950


Amount uncollected January 1, 1951


S 2.457.46


Charges


5.33


2,462.79


Credits


547.50


1,915.29


Less Abatements


31.49


Amount collected during year 1951


1,883.80


1,883.80


COMMITTED INTEREST ON BETTERMENTS OF 1950


Amount uncollected January 1, 1951


957.99


Charges


22.89


980.88


Credits


241.43


739.45


Less Abatements


35,60


703.85


Abatement refunds


9.56


Amount collected during year 1951


707.26


Amount uncollected January 1, 1952


6.15


WATER LIENS ON 1950 REAL ESTATE BILLS


Amount uncollected January 1. 1951


S 3,836.81


Charges


28.17


3,865.28


Credits


1,411.68


Amount collected during year 1951


2.453.60


2,453.60


PERSONAL TAXES OF 1951


៛ 444.266.55


Charges


26.74


Less Abatements


3,208.14


141,085.15


Abatement refunds


156.78


Amount collected during year 1951


410,618.67


410,618.67


Amount uncollected January 1, 1952


30,623.26


Annual Report


- 87


312.46


707.26


2.453.60


Total amount committted by Assessors


444,293.29


141.241.93


555.93


414.65


356.13


1.833.80


713.41


REAL ESTATE TAX OF 1951


Total amount committed by Assessors Charges


$6,570,572.76 10,250.96


Credits


60.84


Less Abatement-


102,142.44


Abatement refunds


6,478,800.44 14,468.86


6,493.269.30


Amount collected during year 1951


6,193.340.42


6,193.340.42


Amount uncollected January 1, 1952


299,928.88


Amount of interest collected


1,119.19


MAIN SEWER APPORTIONMENTS OF 1951


Total amount committed by Assessors


S 3,054.04 9.67


Amount collected during year 1951


2.635.34


2,635.34


Amount uncollected January 1, 1952


128.37


SIDEWALK APPORTIONMENTS OF 1951


23.28


Amount collected during year 1951


23.28


23.28


STREET BETTERMENT APPORTIONMENTS OF 1951


Total amount committed by Assessors


S 22,069.34


Amount collected during year 1951


20,396.46


20,396.46


Amount uncollected January 1, 1952


1.672.88


COMMITTED INTEREST ON BETTERMENTS OF 1951


Total amount committed by Assessors


S 8.083.03


Charges


2.68


Amount collected during year 1951


7.383.94


7,383.94


Amount uncollected January 1. 1952


701.77


WATER LIENS ON 1951 REAL ESTATE BILLS


Total amount committed by Assessors


S 17.101.98


Charges


134.07


Amount collected during year 1951


13,783.41


13,783.41


Amount uncollected January 1, 1952


3.152.61


STREET BETTERMENT APPORTIONMENTS OF 1948


S 226.76


Amount collected during year 1951


226.76


226.76


COMMITTED INTEREST ON STREET BETTERMENT OF 1948 S 15.35


Amount collected during year 1951


45.35 45.35


STREET BETTERMENT APPORTIONMENT OF 1947


S


226.76


Amount collected during year 1951


226.76


226.76


COMMITTED INTEREST ON STREET BETTERMENT OF 1947 S 54.42


54.42


54.42


STREET BETTERMENT APPORTIONMENT OF 1946


S


226.76


Amount collected during year 1951


226.76


226.76


COMMITTED INTEREST ON STREET BETTERMENT OF 1946


Amount uncollected January 1, 1951


S 63.49


Amount collected during year 1951


63.49


63.49


STREET BETTERMENT APPORTIONMENT OF 1945


Amount uncollected January 1, 1951


S 226.76


Amount collected during year 1951


226.76


226.76


. City of Quincy


88


17.236.05


Amount uncollected January 1, 1951


Amount uncollected January 1. 1951


Amount uncollected January 1, 1951


Amount uncollected January 1, 1951


Amount collected during year 1951


Amount uncollected January 1, 1951


6,581,003.72


6.580,942.88


Charges


3.063.71


Total amount committed by Assessors


8,085.71


COMMITTED INTEREST ON STREET BETTERMENT OF 1945


Amount uncollected January 1, 1951 S 72.56


Amount collected during year 1951


72.56


72.00


STREET BETTERMENT APPORTIONMENT OF 1944


Amount uncollected January 1, 1951 S 226.76


226.76


226.76


COMMITTED INTEREST ON STREET BETTERMENT OF 1944


Amount uncollected January 1, 1951 S


81.63


Amount collected during year 1951


81.63


81.63


STREET BETTERMENT APPORTIONMENT OF 1943


Amount uncollected January 1, 1951


S 226.78


Amount collected during year 1951


226.78


226.78


COMMITTED INTEREST ON STREET BETTERMENT OF 1943


Amount uncollected January 1, 1951


S 132.26


Amount collected during year 1951


132.26


132.26


MOTOR EXCISE TAX OF 1951


Charges


Total amount committed by Assessors $ 548,886.00 91.31


548.977.31


Less Abatements


21,280.36


527,696.95


Abatement refunds


13,573.19


Amount collected during year 1951


177.540.93


477,540.93


Amount uncollected January 1, 1952


63,729.21


Amount of interest collected


3.14


MOTOR EXCISE TAX OF 1950


Amount uncollected January 1, 1951


S 29,638.89


Warrant by Assessors


28,280.68


57,919.57


Charges


71.21


57.990.78


Less Abatements


2.980.33


55,010.45


Abatement refunds


1,542.44


Amount collected during year 1951


48,630.76


48,630.76


Amount uncollected January 1, 1952


7,922.13


143.82


MOTOR EXCISE TAX OF 1949


Amount uncollected January 1, 1951


S 5,880.86


Less Abatements


1.663.71


Amount collected during year 1951


606.32


606.32


Amount uncollected January 1, 1952


3,610.83


11.26


MOTOR EXCISE TAX OF 1948


Amount uncollected January 1, 1951


S 3,646.93


Charges


5.81


Credit


.10


3.652.64


Less Abatements


3,559.93


Amount collected during year 1951


5.81


5.81


Amount uncollected January 1, 1952


86.90


Amount of interest collected


.18


Annual Report


-


89


56,552.89


Amount of interest collected


4.217.15


Amount of interest collected


3.652.74


92.71


Amount collected during year 1951


541,270.14


DEALER PLATES


Amount uncollected Jannary 1. 1951 Warrant by Assessors


S 3,200.00 36,300.00


Amount collected during year 1951


1,400.00


1,400.00


POLL TAX OF 1951


Total amount committed by Assessors


Charges


S 55,036.00 8.00


Less Abatements


6,190.00


48,854.00


Abatement refunds


68.00


48,922.00


Amount collected during year 1951


40,604.00


40,604.00


Amount uncollected January 1. 1952


8,318.00


POLL TAX OF 1950


Amount uncollected January 1, 1951


S 2.268.00


Less Abatements


470.00


Amount collected during year 1951


220.00


220.00


Amount uncollected January 1, 1952


1,5 78.00


POLL TAX OF 1949


Amount uncollected January 1, 1951


S 1,434.00


Less Abatements


232.00


Abatement refunds


2.00


Amount collected during year 1951


84.00


84.00


Amount uncollected January 1, 1952


1,120.00


POLL TAX OF 1948


Amount uncollected January 1, 1951


$ 860.00


Less Abatements


710.00


Amount collected during year 1951


2.00


2.00


Amount uncollected January 1, 1952


148.00


MAIN SEWERS


Amount collected on Sewer Construction


Amount of interest collected


10,561.00 3.44


STREET BETTERMENTS


Amount collected on Street Betterments


19,123.96


Amount of interest collected


67.04


Amount collected on Water Liens ( previous)


139.27


Costs collected during year 1951


2,411.07


Total amount of cash collected during year 1951


$7.556.585.94


MILDRED L. TYLER, Treasurer and Collector.


. City of Quincy


90


39.500.00


Amount uncollected January 1, 1952


38,100.00


55,044.00


1,798.00


1,202.00


1,204.00


150.00


Adams Temple and School Fund


Cash on hand January 1, 1951


S 666 /


RECEIPTS


Notes secured by Mortgage Sale of Securities


5,067.43


Land Sales


2,200.00


6,91 .. 4


INCOME


Mortgage Loans


$ 2,105.02


Stocks and Bonds


6,385.91


Savings Bank Deposits


513.92


Rents


2,799.00


11,803.85


Withholding Tax


341.50


Social Security


48.03


$20,777.70


EXPENDITURES


Purchase of Securities


$ 8,121.25


Accrued Interest ..


77.75


Administration of Fund


1,209.00


9,408.00


Withholding Tax


341.50


Social Security


96.00


Expenses on Property:


97.47


Material and Repairs .


1,417.35


Care of Grounds and Building


3.200.00


4,714.82


Expense by School Department :


Covering Supplies for School Libraries


4,022.65


Cash on hand December 31, 1951


...


2,194.73


$20,777.70


UNEXPENDED INCOME ACCOUNT


$ 3,941.49 1.731.66


Balance on hand December 31, 1951


$ 5.673.15


BALANCE SHEET


Cash


S 2,194.73


General Fund


$255,609.98


Investments


217,793.62


Profit Bond Sales


5.22


Mortgages


11,300.00


Unexpended Income


5.673.15


$261,288.35


$261,288.35


Also Parcels of Real Estate - Assessed Valuation $102,325.00


INVESTMENTS


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


S 5,040.00


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


6,000.00


5.000 Atchison, Topeka & Santa Fe R.R. 4 1995


5,000.00


5,000


Atlantic Coast Line R.R. Ist 4 1952


5.000.00


5,000


Baltimore & Ohio R.R. Pitts. L. Erie & W. Va. ref 4 1980


5,000.00


8.000


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


8.000.00


1,500


Boston & Maine R.R. Ist Mtg. Series RR. 4 1960


1,500.00


1.500


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


1,405.84


5,000


Carthage & Adirondack Ry. gtd. 1st 1881


1,343.39


5.000


Chicago Burlington & Quincy R.R. GM 4 1958


1,888.51


5,000


Georgia Power 31/2 1981


5,025.00


4,000


Great Northern Railway 31/2 1952


1,000.00


1,000


Great Northern Railway GM D 41/2 1976


1,000.00


5,000


Illinois Central R.R. Louisville Div. Ist 315 1953


1,575.00


5,000 Jamestown Franklin & Clearfield 1st 4 1969


1,781.94


5,000 Louisville & Nashville R.R. 334 2003


4.900.00


Annual Report


91


Balance January 1. 1951


Unexpended Income


18,582.97


Adams Academy - Insurance


650.00


3,000 Montana Power 27/8 1975


4,000 Narragansett Electric Co. 3 1974


10,000 New York Telephone Co. 234 D 1982


5.000


Pennsylvania Railway Gen. Mtg. A 41/2 1965


3.500 U. S. Treasury 2 1951/53


3,500.00 15,000.00


7,000


U. S. Treasury 2 1954/52


7,000.00 3,000.00


3,000


U. S. Treasury 21/2 1955 G


10,000 U. S. Treasury 21/2 G 1962


10,000.00


5,000


U. S. Treasury 21/2 1962/59


5,000.00


10.000 U. S. Treasury 21/2 1963/68


10,000.00


Reading Company 31/2 1995


5,000.00


5,000


Seattle Gas Company 35% 1976


5,000.00


8,000


Wisconsin Electric Power Co. 258 1976


8,000.00


2


Shares - Boston & Maine R.R. Ist Pref. D


520.00


37


Shares - Eastern Gas & Fuel Associates - Prior Pref.


2.927.62


200


Shares - First National Bank of Boston


10,807.57


6


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


$217,793.62


Charles Francis Adams Fund


Cash on hand January 1, 1951


S 947.07


Receipts :


Income on Securities


743.75


Expenditures :


Administration of Fund


$ 4.50


By the School Department


350.00


354.50


Cash on hand December 31, 1951


$ 1.336.32


$ 1,690.82


FUND


$11,640.74


Unexpended Income


11,670.58


STATEMENT OF FUND:


$21.975.00


Cash on hand


1.336.32


$23,311.32


INVESTMENTS


$ 5,000 Arkan-as Power & Light Co. 31/8 1974


$ 5.210.00


5,000 Consolidated Edison Co. N. Y. 234 1982


5,142.50


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


2,047.50


5,000 Southern Railway Ist Cons. 5 1994


5.000.00


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


1,000.00


25 Shares .- Second National Bank, Boston


3,5 75.00


$21,975.00


Robert C. Billings Fund


Cash on hand January 1, 1951


$2,632.33 1,343.90


Income - Bonds and Stock


$3,976.23


EXPENDITURES:


Scholarships :


Quincy High and North Quincy High Schools


$1,200.00


Administration of Fund


71.70


$1,271.70


2,704.53


Cash on hand December 31, 1951


$3.976.23


City of Quincy


92


2.921.25 4,000.00 10,025.00 4,862.50


15,000 U. S. Treasury 2 1954/52


10,000


U. S. Treasury 21/2 1970/65


10,000.00


5.000


$ 1,690.82


$23,311.32


Investments


STATEMENT OF FUNDS


Investments


$35,000.00 1,500.00


Fund


$36.500.00


Savings Bank Cash


2,704.53


Unexpended Income


2,582.02


$39,204.53


$39,204.53


INVESTMENTS


$ 5,000 Narragansett Electric Co. 3 1974


≤ 5.000.00


5,000 Pacific Tel. & Tel. Co. 27/8 1986


4,950.01


5,000 Seattle Gas Co. 35% 1976


4.550.00


1.000 U. S. Treasury 27% 1960/55


1,000.00


5,000 West Penn Power 3 1978


5.000.00


100 Shares - Boston Personal Property


1.500.00


260 Shares - Pennsylvania Water & Power Co.


13,000.00


1,500 Quincy Savings Bank


1.500.00


$36,500.00


Louisa C. Smith Fund


Cash on hand January 1, 1951 . Income - Stock


$ 629.06


75.02


$704.08


Cash on hand December 31, 1951


704.08


50 Shares - Boston Personal Property Trust


$ 750.00


Deposit Quincy Savings Bank


250.00


FUND $1,000.00


Woodward Fund and Property


Cash on hand January 1, 1951


$ 1,514.47


RECEIPTS


Payments on Mortgages


$11,525.00


Sale of Securities - Bonds


$3.385.21


Stock


2.19


3,387.40


Savings Banks


2,000.00


Interest on Bonds


4,558.44


Dividends on Stocks


1,852.75


Interest on Mortgages


3.995.35


Savings Banks


140.50


Income from Institute


15,114.55


Return Insurance Premium


38.10


25.699.69


Withholding Tax


2,771.80


Social Security


273.80


Reserved Collections for Taxes and Water Accounts


1.615.34


$48,787.50


EXPENDITURES


Mortgages


$ 5,000.00


Purchase of Securities


500.00


Deposit Savings Bank


5,000.00


Administration


16,50


Gilson Road Property


32.28


Board of Managers:


On lustitute - Repairs


$ 1,218.11


Insurance


779.73


By Institute:


Payrolls


$23,839.89


Books, Supplies and Sundries


1,101.27


Fuel


2,281.61


Lights


446.85


Telephone


157.92


Improvements, Repairs and Fixtures


992.51


28,820.05 2,771.80


Withholding Tax


Profit - Bond Sales


122 51


$10,548.78


1,997.84


Annual Report


93


16,912.40


Social Security Rserved Collections for Taxes and Water


548.20 1,615.34


16,302.01 2,485.49


Cash on hand, December 31, 1951


$48,787.50


INCOME ACCOUNT


Total Expenditures


$31.141.07


Total Receipts


25.699.69


Deficit Charged to Income Fund


$ 5,441.38


BALANCE SHEET


General Fund


$272,108.41


Securities Sold-Loss


719.37


Income Fund


75.975.97


Securities Sold-Loss


S 359.68


Deficit Income


5,441.38


5,801.06


70,174.91


Cash


: 2.485.49


Investments


$188,478.46


Mortgages


70,600.00


Institute Land and Buildings


77,000.00


Property - Gilson Road


3,000.00


339,078.46


$341,563.95


INVESTMENTS


S 500


American Tel. & Tel. 33/8 1963


S 500.00


3.000


American Telephone & Telegraph Co. 33/8 1973


3.000.00


7,000


American Telephone & Telegraph Co. 234 1982


7,000.00


10,000


Arkansas Power & Light Co. 31/8 1974 .


10,000.00


4,000


Baltimore & Ohio R.R. Pittsburgh L. Erie & W. Va. 4 1980.


4,000.00


2,000


Bangor & Aroostook R.R. 41/ 1976


1.905.00


5,000


Cambria & Clearfield R.R. GM 4 1955


5,000.00


5.000


Consolidated Edison of N. Y. 234 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 312 1973


10,000.00


5,000


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


5,000.00


10,000


Reading Company 318 1995


9,112.50


5,000


Southern Pacific Co. Oregon Lines Ist A 41/2 1977


4,887.50


5.000


Southern Pacific Co. R.R. 278 1986


4,615.85


5,000


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


5,000.00


8,000


U. S. Treasury 21/2 1969/64


8.065.00


25,000


U. S. Treasury 21/2 1970/65


25,453.13


1,000


U. S. Treasury 21/2 1972


1.000.00


14,000


Quincy Savings Bank


14,000.00


36


Shares - American Telephone & Telegraph


2,642.66


27


Shares - Boston & Albany R.R.


4,900.00


300


Shares - First National Bank of Boston


16,255.08


135


Shares - Pennsylvania R.R.


7,904.99


300


Share, - National Shawmut Bank of Boston


8,412.50


$188,478.46


. . City of Quincy


9-4


$271,389.04


$341,563.95


Treasurer's Statement


RECEIPTS


Cash on hand January 1, 1951


GENERAL REVENUE:


Taxes 1951


6,644.563.09


Taxes Previous Years


292.171.12


Taxes - Motor Excise


528,183.82


Tax Title> Held By City Redeemed


9.335.42


Licenses


89.646.70


Permits


3,638.00


Court Fines


3.283.75


Grants and Gifts (Dog Licenses)


4,707.90




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