USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1939-1941 > Part 72
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Electric Consumers' Deposits
257.50
701.13
2,118.89
143
High School English Prize
7.15
Cemetery Perpetual Care Bequests
1,225.00
Land Damages Checks Unclaimed
1,752.00
88,938.79
Town Clerk's Licenses: State, Sporting Lieenses
4,160.55
Assets
$ 50,000.00 32,267.87
Levy of 1939
TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1941 GENERAL ACCOUNTS-Continued
Assets
Liabilities and Reserves
Tax Titles
21,137.21 35,088.81
Federal Grants: Aid to Dependent Children
Tax Titles Possessions
56,226.02
Aid
1,476.82
Unapportioned Sewer Assessments
25,210.10
Administration
155.18
Unapportioned Street Betterment Assess- ments
1,377.39
Old Age Assistance
Departmental:
Granolithic Sidewalks
145.92
Assistance Administration
99.84
Moth
920.50
General Government
62.57
Health
6,559.87
. Highway Grant Chapter 464, Acts of 1935
Highway
355.64
155.85
Licenses
426.25
P.W.A. Projects Sewer No. 1514-F
5,545.35
Sanitation
569.95
Unexpended Appropriations:
Parks and Playgrounds
16.50
Schools
119.88
22,580.58
Welfare
12,132.03
Non-Revenue
105,355.00
Old Age Assistance
1,416.72
26,440.62
154.78
Public Service Enterprises :
Municipal Electric Light
-
1,946.68
Miscellaneous
185.37
1,550.81
Discrepancy Account
876.77
Over Estimate-State Accounts
1,992.61
25,424.27
Over Estimate-County Tax
218.16
144
Police
3,714.79
Balances Carried Forward Revenue
127,935.58
Reserve Fund-Overlay Surplus Overlay-Reserved for Abatement of Taxes: Levy 1940 Levy 1941
Service Rates
24,362.13
1,632.00
1,689.81
1,789.65
Water Department:
Revenue Reserved until Collected:
Rates
17,625.11
Departmental 42,205.92
Miscellaneous
2,074.85
Electrie Light
25,329.27
Water Liens
1,683.89
Motor Vehicle Excise 696.06
Water Liens Added to 1940 Taxes
654.04
Special Assessments Tax Titles
21,137.21
Tax Title Possessions
35,088.81
Cemetery :
Water
22,380.39
Sale of Lots and Graves
5,933.30
Aid to Highway Revenue
5,485.37
Care of Lots
9,832.00
15,765.30
Authorized-Unissued Loans
State Aid to Highways
5,485.37
Surplus Revenue
179,611.65 50,000.00 104,346.28
Electric Light Guarantee Deposits Re- funded in Error
172.00
Loans Authorized
50,000.00
Overlay Deficits: Levy 1939
2.00
Levy 1940
99.20
101.20
$590,992.34
$590,992.34
145
27,288.62
Water Liens Added to 1941 Taxes
342.50
22,380.39
DEFERRED REVENUE ACCOUNTS
Apportioned Street Betterments Assessments Not Due $ 1,545.96
Apportioned Street Betterment Assessment Revenue: Due in 1942 772.97 Due in 1943
772.99
$ 1,545.96
$ 1,545.96
$ 1,545.96
DEBT ACCOUNTS
Net Bonded Debt-Inside
$351,577.00
Loans-Inside Debt Limit
487,000.00
Schools
$ 74,000.00
Highway
88,577.00
Sewers
164,000.00
Municipal Office Building
25,000.00
$351,577.00
Loans-Outside Debt Limit,
Schools .
151,000.00
Sewer
72,000.00
Municipal Office Building
7,000.00
Water
88,000.00
Municipal Relief
51,000.00
State Tax Funding
18,000.00
Emergency Storm
40,000.00
Electric Light Construction
60,000.00
487,000.00
$838,577.00
146
Net Bonded Debt-Outside
$838,577.00
TRUST INVESTMENT AND RETIREMENT FUNDS
Trust and Investment Funds, Cash and Securities: In Custody of Treasurer Municipal Contributory Retirement Fund, Cash and Securities: In Custody of Treasurer
$ 80,958.05
High School English Prize Fund $ 500.00 500.00 Warren H. Cudworth Library Fund Alice H. Plimpton Library Fund 12,041.63 Anna M. Day Cemetery Perpetual Care Fund 5,000.00
93,531.03
Cemetery, Perpetual Care Fund 53,516.42 Municipal Light Guarantee Deposit Fund 9,400.00 Retirement Fund 93,531.03
$174,489.08
$174,489.08
147
148
TRIAL BALANCE
December 31, 1941
Cash
$ 272,073.70 876.77
Electric Light Discrepancy Account
Warrants Payable
$ 32,267.87
Real Property Taxes, 1939
1,121.28
Poll Tax, 1940
54.00
Personal Property Taxes, 1940
407.97
Real Property Taxes, 1940
2,501.02
Poll Tax, 1941
424.00
Personal Property Taxes, 1941
2,307.32
Real Property Taxes, 1941
82,123.20
Motor Vehicle Excise Taxes, 1940
2.00
1941
694.06
Apportioned Sewer Assessments, 1941
49.37
Apportioned Street Betterment Assessment, 1940
10.00
Apportioned Street Betterment Assessment, 1941
524.06
Committed Interest, 1940
1.20
Committed Interest, 1941
116.50
Water Liens
1,683.89
Water Liens Added to 1940 Taxes
654.04
Water Liens Added to 1941 Taxes
342.50
Unapportioned Sewer Assessments
25,210.10
Unapportioned Street Betterment Assess-
ments
1,377.39
Tax Titles
21,137.21
Tax Title Possessions
35,088.81
Accounts Receivable:
Granolithic Sidewalks
145.92
Moth
920.50
Cemetery
5,933.30
Cemetery, Care of Lots
9,832.00
Electric Light
185.37
General Government
62.57
Health
6,559.87
Highway
355.64
Licenses
426.25
Police
3,714.79
Sanitation
569.95
Parks and Playgrounds
16.50
Schools
119.88
Welfare
12,132.03
149
TRIAL BALANCE-Continued
December 31, 1941
Old Age Assistance
1,416.72
Electric Service Rates
24,362.13
Water
2,074.85
Water Rates
17,625.11
State Aid to Highways
5,485.37
1
Revenue Appropriations
22,580.58
Federal Grant Aid to Dependent Children Administration
155.18
Federal Grant Aid to Dependent Children
1,476.82
Federal Grant Old Age Assistance Adminis- tration
99.84
Federal Grant Old Age Assistance
1,689.81
Highway Grant Chap. 464, Acts of 1935
155.85
Loans Authorized
50,000.00
Loans in Anticipation of Revenue
50,000.00
Electric Light Guarantee Deposits
1,512.00
Dog Licenses
10.80
Sewer Guarantee Deposits
: 427.47
Sporting Licenses
211.00
Water Guarantee Deposits
1,813.28
Electric Consumers' Installations Deposits
407.80
Premiums on Loans
1,130.45
Interest on Electric Consumers' Deposits
257.50
Fire Damage Loss
74.00
Tailings
1,937.63
Electric Light G.D. Refunded in Error
172.00
Cemetery Perpetual Care Bequests
1,225.00
Land Damages Checks Unclaimed
1,752.00
Anna M. Day Income
336.68
Alice H. Plimpton Income
1,517.56
High School English Prize Fund
7.15
State Tax and Assessment
1,992.61
County Tax, 1941
218.16
Non-Revenue Appropriations
105,355.00
Field Line Trunk Sewer P.W.A. Docket 1514F
5,545.35
Loans Unissued
50,000.00
Cemetery Available Receipts
19,224.75
Overlay Reserve
154.78
Overlay-1938
2.00
Overlay-1939
99.20
Overlay-1940
1,946.68
150
TRIAL BALANCE-Continued
December 31, 1941
Overlay-1941
1,550.81
Departmental Revenue
42,205.92
Electric Light Revenue
25,329.27
Motor Vehicle Excise Revenue
696.06
Special Assessments Revenue
27,288.62
Tax Title Revenue
21,137.21
Tax Title Possessions Revenue
35,088.81
Water Revenue
22,380.39
Aid to Highway Revenue
5,485.37
Excess and Deficiency
104,346.28
Street Betterment Appor. Not Due
1,545.96
Street Betterment Appor. Due in 1942
772.97
Street Betterment Appor. Due in 1943
772.99
Net Bonded Debt-Inside
351,577.00
Net Bonded Debt-Outside
487,000.00
School Loans-Inside
74,000.00
Highway Loans-Inside
88,577.00
Service Loans-Inside
164,000.00
Municipal Office Building-Inside
25,000.00
School Loans-Outside
151,000.00
Sewer Loans-Outside
72,000.00
Municipal Office Building Loan-Outside
7,000.00
Water Loans-Outside
88,000.00
Municipal Relief Loan-Outside
51,000.00
State Tax Funding Loans-Outside
18,000.00
Emergency Storm Loan-Outside
40,000.00
Electric Light Construction Loans-Outside
60,000.00
Trust Fund-Cash 80,958.05
Cemetery Perpetual Care Fund
53,516.42
Anna M. Day Fund
5,000.00
High School English Fund
500.00
W. H. Cudworth Fund
500.00
Alice H. Plimpton Fund
12,041.63
Municipal Electric Light Deposit Fund
9,400.00
$1,512,073.35 $1,512,073.35
MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Account
Total Cost
$
9,636.68
Land
Book Value Jan. 1, 1941 $ 9,636.68
Additions During Year
Deprecia- tion
Book Value Dec. 31, 1941 $ 9,636.68
78,970.49
Structures
36,858.29
$22,211.02
$ 1,702.78
57,366.53
162,433.62
Transformer Station Equipment
73,180.38
6,116.28
4,697.25
74,599.41
197,843.64
Poles, Fixtures and Conductors
83,146.81
2,940.41
7,213.72
78,873.50
44,788.10
Underground Conduits
34,176.07
773.12
1,320.45
33,628.74
51,131.95
Underground Conductors
41,651.19
3,232.83
1,684.90
43,199.12
65,601.06
Consumers' Meters
28,655.96
1,912.74
1,910.65
28,658.05
15,473.66
Consumers' Meters Installation
12,048.49
1,613.19
415.81
13,245.87
54,357.42
Line Transformers
23,642.17
2,031.94
1,569.76
24,104.35
13,484.23
Transformer Installation
11,754.05
245.11
397.17
11,601.99
33,712.46
Street Lighting Equipment
16,587.64
313.65
1,001.96
15,899.33
$727,433.31
$371,337.73
$41,390.29
$21,914.45
$390,813.57
151
.
COMPARATIVE BALANCE SHEET STATEMENT
Assets
Jan. 1, 1941 $371,337.73 Plant Investment
Investments
Dec. 31, 1941 $390,813.57 9,943.64
Increase $19,475.84 256.20
Decrease
9,687.44 General Equipment
Current Assets
125.75 Cash Operating Fund
37,788.98
37,663.23
12,298.00
Special Deposits
8,912.00
$3,386.00
17,952.06
Accounts Receivable
24,370.57
6,418.51
4,018.05 Material and Supplies
4,571.01
522.96
2,284.19
Depreciation Fund
609.00
1,675.19
418.45
Prepaid Insurance
1,557.16
1,138.71
152
418,121.67
478,565.93
Liabilities
Notes Payable
60,000.00
60,000.00
12,419.36
Accounts Payable
15,306.86
2,887.50
12,298.00
Consumers' Deposits
8,912.00
3,386.00
156,808.00
Loans Repayment
156,808.00
32,724.15
Appropriation for Construction Repayment
32,724.15
Other Current Liabilities
407.80
407.80
203,872.16 Profit and Loss Balance
204,407.12
$418,121.67
$478,565.93
Operating Revenue Statement
Metered Sales, Private Customers Street Lighting Revenue Other Municipal Revenue
Dec. 31, 1941
Increase
Decrease
$269,226.69
$27,623.44
14,700.00
15,300.41
$1,260.91
Income Statement
Operating Revenues
299,227.10
26,362.53
Operating Expenses
224,905.13
18,164.14
Net Operating Revenue
74,321.97
8,198.39
Merchandise and Jobbing Revenues
120.37
282.14
Interest Income
131.83
19.33
Miscellaneous Non-Operating Income
5.00
5.00
Gross Income
74,579.17
Interest on Bonds and Notes
279.52
6.24
Income Balance Transferred to Profit and Loss
74,299.65
7,934.34
Profit and Loss Statement Credits
Credit Balance at Beginning of Year Credit Balance Transferred from Income Account
203,872.16
74,299.65
278,171.81
153
1
MUNICIPAL ELECTRIC LIGHT DEPARTMENT
Debits
Deductions from Surplus Balance Profit and Loss Dec. 31, 1940
73,764.69 204,407.12
278,171.81
Operating Expense
Electric Energy Purchased
148,958.96
19,911.42
Operation
Transformer Station Labor
6,741.90
935.44
Operation of Transmission and Distribution Lines
8,525.70
139.85
Inspecting and Testing Meters
1,319.08
375.17
Removing and Resetting Meters
934.42
74.22
Removing and Resetting Transformers Maintenance
161.95
103.10
Of Transformer Station Structures
255.29
565.36
Of Transformer Station Equipment
914.17
333.90
Of Transmission Lines
5,334.79
665.43
Of Underground Conduits
134.91
101.99
Of Underground Conductors
220.41
190.66
Of Consumers' Meters
177.44
37.88
Of Transformers
1,054.91
664.01
154
Utilization
Operation of Municipal Street Lamps Commercial Lamps Maintenance of Municipal Street Lamps Maintenance of Consumers' Installation
417.65
86.08
62.66
297.02
2,012.40
403.78
407.53
445.65
Commercial
Salaries (Services performed by other Departments)
13,350.00
Supplies (Furnished by other Departments)
3,420.00
Advertising
605.37
134.43
Miscellaneous
Salary of Superintendent
3,200.00
10.00
Other General Departmental Salaries
1,965.00
395.79
Office Supplies and Expenses
159.18
545.76
Insurance
851.55
366.35
Transportation
1,511.63
31.83
Depreciation
20,648.61
528.37
Maintenance of General Structure
1,409.12
100.54
Miscellaneous General Expenses
150.50
190.37
Total Operating Expenses
$224,905.13
155
MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant and System Statistics
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
Overhead System: Miles of Lines in Public Ways (Overhead)
56.50
57.5
58.25
62.67
65.67
66.12
66.87
67.37
67.37
67.87
Miles of Lines Elsewhere (Overhead)
4.50
4.5
6.84
7.34
7.84
7.96
8.24
8.77
8.77
9.27
Poles in Public Ways
(Plant Owned)
105
108
176
154
94
98
85
104
104
95
Poles Elsewhere (Plant
Owned)
43
43
109
106
111
115
123
133
133
140
Jointly Owned
2,204
2,204
2,232
2,294
23.79
2,379
2,399
2,409
2,411
2,416
Conduit, Feet of
29,227
29,378
29,780
30,659
31,060
32,387
34,350
36,046 95,321
36,571
38,702
Conduit, Duck Feet of
81,833
82,631
86,532.5
86,933.5 5,290
4,559
4,476
4,632
4,718
4,752
Street Lamps:
Number in Use
1,169
1,232
1,182
1,192
1,130
1,114
1,111
1,153
1,161
1,166
Total Hours of, During the Year
3,916
3,943
3,981
3,987
4,015
4,008
4,476
4,008
4,043
4,043.5
Electric Energy :
Purchased Kilowatt Hours
8,016,000
8,368,000 8,961,600
9,380,000
10,184,000
10,766,000
Supplied for St. Lighting
631,000
656,600
678,325
673,000
708,862
734,225
10,003,000 667,004
10,511,000 709,753
11,029,000 718,606
12,613,056 703,176
Supplied for St. Ry. Use 214,363
Supplied for Metered Service 6,031,250 Used at Station
126,494
Kilowatt Hours not Ac-
counted for
1,012,893
1,034,400
897,695 1,000,759
974,448
550,518
1,111,599
742,136
922,796
1,094,008
156
95,321
98,525.5
Consumers' Meters
4,864
4,749
5,021
5,127
,
6,677,855 7,385,580
7,841,241
9,209,552
9,588,257
8,324,397
9,059,111
9,387,598
10,803,372
89,340
92,721
157
CEMETERY PERPETUAL CARE BEQUESTS
Total of Bequests to January 1, 1941
$58,516.42
Received during year 1941:
Lot No. Donor
1562
Agnes M. Halloran
150.00
184
Esther Davis and Elsie Barbarick
150.00
1116 Catherine L. Dolaher
200.00
2042
Edward F. Holman
150.00
248
Frank G. Allen
400.00
664-665
Bartley Curran
200.00
552
Mary A. Flaherty
150.00
1278
Joseph Keras
125.00
2033
John W. Regan, Adm. for Thomas J. Regan
150.00
293
Alfred L. Atwood
150.00
2352
Catherine Casey
125.00
2568
Louisa E. Eckhardt
125.00
1353
Katherine McDonald
150.00
2566
Solomon Selwyn
125.00
2330
C. Irving Metcalf
150.00
369
Lawrence Haynes
150.00
337
Jamelia Howard-Final Payment
50.00
690
Michael Connolly-Final Payment
25.00
Single Graves
1631-1632
Ellen J. Thayer
50.00
Total-December 31, 1941
$61,291.42
158
WATER DEPARTMENT
Cash Received at Office of Town Treasurer:
Water Rates
$ 73,858.53
Service and Materials
1,264.47
Hydrant Repairs
110.73
Hydrant Rentals
6,552.00
Water Liens
1,317.29
Water Liens Added to 1940 Taxes
41.75
Water Liens Added to 1941 Taxes
579.85
Balance 1940 Extension Account (Revenue)
400.40
Balance 1940 Extension Account (Non-Revenue)
8,626.76
New Supply Survey Balance
82.75
Appropriation by Revenue
$ 7,688.06
P.W.A. Water Tank and Tower
608.29
8,296.35
101,130.88
Disbursements
Maintenance and Operation
31,974.72
Service Charges to Other Departments
14,080.00
Extension of Mains
15,684.02
Debt and Interest Service
24,239.21
W.P.A. Water Tank and Tower
608.29
86,586.24
Reserve Balances December 31, 1941
Appropriation for:
Water Supply Survey
82.75
Extension of Water Mains
1,031.20
87,700.19
Cash Returned to Town Treasury
13,430.69
101,130.88
101,130.88
159
MUNICIPAL ELECTRIC LIGHT DEPARTMENT
Income
Cash Received at Town Treasurer's Office
Electric Service Sales
Electric Service, Temporary Service
Miscellaneous Sales and Committed Accounts
$292,529.07 51.00 3,018.56
Interest on Consumers' Deposits
131.83
Balance from 1940
Depreciation Fund
1.38
Appropriation by Refund and Revenue
504.65
Appropriation for Depreciation
20,649.00
Borrowing for Construction
60,000.00
376,885.49
Disbursements
As shown in Accountant's Report
242,747.78
Service Charges to Other Departments
16,770.00
Interest on Consumers' Deposits
131.83
Refunds of Charges
12.65
Appropriation for Depreciation
20,649.00
280,311.26
Balances on December 31, 1941
Depreciation Fund
$
609.00
New Construction
37,788.98
Adjustment of Depreciation Account 1940 $2,282.81
Adjustment of Accounts Receiv- able
305.63
Operating Cash
Returned to
Treasury
60,764.69
96,574.23
376,885.49
160
CONTRIBUTORY RETIREMENT SYSTEM 1941
Assets
Bonds at Book Value
$59,986.03
Deposits in Banks Not at Interest
699.03
Deposits in Banks at Interest
33,545.00
$94,230.06
Non Ledger Assets
Interest Accrued on Bonds
620.19
Interest Accrued on Savings Banks (Jan. 1st)
208.70
828.89
95,058.95
Liabilities
Annuity Savings Fund:
Group I
45,629.50
Group II
802.63
46,432.13
Annuity Reserve Fund:
Group I
1,193.92
Group II
6.64
1,200.56
Pension Accumulation Fund:
Group I
46,307.63
Group II
25.39
46,333.02
Expense Fund
622.77
Profit and Loss on Sale of Bonds
225.00
Undistributed Earnings (Not on Books)
245.47
95,058.95
Membership
Membership, December 31, 1940:
Group I-Male, 118; Female, 30.
Group II-Male, 3.
Total, 151
Enrolled During Year:
Group I-Male, 4; Female, 1.
Deaths: Group I-Male, 2.
Withdrawals: Group I-Male, 11.
Retirement for:
Superannuation, Group I-Male, 3.
Membership, December 31, 1941 140
161
CONTRIBUTORY RETIREMENT SYSTEM
Pensioners
Retirement for:
Superannuation
21
Deaths
2
Membership December 31, 1941
19 19
Total Membership December 31, 1941 Including Beneficiaries 159
Group I:
91 Male eligible for prior service credit:
salaries
25 Female eligible for prior service credit: Group II:
salaries
15 Male not eligible for prior service credit:
salaries
6 Female not eligible for prior service credit: salaries Group II:
1 Male not eligible for prior service credit: salaries
Income
Balance of Previous Year
$ 75,929.07
From Members
Group I
$10,756.66
Group II
196.92
10,953.58
From Town
Appropriations as Contributors
Accrued Liability
13,312.00
Normal Liability
6,222.00
Guaranteed Interest
70.85
Administration Expenses
600.00
Loss on Sale of Bonds
96.62
20,301.47
From Interest
Interest on Bonds and Stocks
1,683.49
Interest on Deposits
615.86
2,299.35
From Other Sources
Gross Profit on Sale of Ledger Assets .
225.00
Refund of Retirement Allowance
4.37
229.37
109,712.84
salaries
2 Male eligible for prior service credit: Group I:
$219,075.00
162
CONTRIBUTORY RETIREMENT SYSTEM
Disbursements
Annuity Payments:
Group I
$ 114.75
Group II
1.80
$ 116.55
Pension Payments:
Group I
10,376.79
Group II
926.88
11,303.67
Refunds:
(1) Deaths
Deposits
390.29
Interest
22.78
413.07
(2) Other Withdrawals
Deposits
2,636.09
Interest
154.63
2,790.72
(3) Annuity Payments of De-
ceased Annuitants
336.95
336.95
Administrative Expenses:
Salaries
387.31
Printing and Stationery
9.88
Postage
10.00
Association Expense
22.70
429.89
Gross Decrease by Amortization of Ledger Assets
91.93
91.93
Total Disbursements
$ 15,482.78
Balance
94,230.06
$109,712.84
163
To the Selectmen of the Town of Norwood Harry B. Butters, Chairman
Gentlemen:
The foregoing is submitted as the report of the Town Clerk and Ac- countant for the year ending December 31, 1941, setting forth abstracts of the records of Town Meetings and Elections, Vital Statistics and state- ments of the appropriations and expenditures and the receipts from each source of income. Also statement of funded debt, temporary loans, in- formation relative to maturities and debt, the balance sheet showing the assets and liabilities at the close of the fiscal year together with a statement of the Town Treasurer's Cash.
The cash balance of the Town Treasurer has been verified by reconcilia- tions of the bank statements and amount on deposit at banks as of the same date in accordance with the requirements of the statutes is herewith sub- mitted :
Bank Balance, Norwood Trust Co., December 31, 1941
Deposits in Transit
Protested Check, October 1
$231,972.58 17,206.73 12.65
249,191.96
Checks Outstanding per list
21,036.60
Balance, Norwood Trust Co., December 31, 1941
228,155.36
Balance, Second National Bank, Boston
31,811.50
Balance, Second National Bank, Boston, P.W.A. 1514F
5,545.35
Balance, Merchants National Bank of Boston 6,136.49
Office Cash
425.00
$272,073.70
I further certify that I have examined the trust fund securities and cash in the hands of the Town Treasurer and find them to be correct and securi- ties on hand as shown in the following schedule:
.
TRUST FUND SECURITIES-DECEMBER 31, 1941 High School English Prize Fund
ยท
2g U. S. Treasury Bonds-1955-60, Nos. 199157H, 58J, 59K, 60L, 61A . $ 500.00
Warren H. Cudworth Fund
Dedham Institution for Savings, No. 62375
500.00
Alice H. Plimpton Library Fund
34% U. S. Treasury Bonds-1944-46, Nos. 43578J, 79K, SOL, 81A, 82B, 83C 6,000.00
164
U. S. Defense Bonds, Series G, Nos. M178138G, 39G, 40G, 41G, 42G
5,000.00
Norwood Trust Co. Savings Account No. 27276 1,035.88
12,035.88
Anna M. Day Fund
Norwood Trust Co. Savings Account No. 277031 5,000.00
Electric Service Deposit Fund
Town of Norwood Sewer Note No. 2552 2,000.00
Town of Norwood Sewer Note No. 2553 1,000.00
Town of Norwood Highway Note No. 2703
1,000.00
U. S. Defense Bonds Series G, Nos. M69932G, 33G, 34G, 35G, and M160068G 5,000.00 Norwood Trust Co. 400.00
9,400.00
Cemetery Perpetual Care Fund
23% U. S. Treasury Bonds-1955-60, Nos. 288698J, 99K, 199162B, 63C, 64D
500.00
23% U. S. Treasury Bonds-1955-60, Nos. 179298J, 277430L
2,000.00
Town of Norwood Highway Note No. 2875
577.00
Norwood Trust Co. Savings No. 9054
5,000.00
Dedham Institution for Savings No. 70351
9,866.00
Walpole Trust Co. Savings No. 11787
2,000.00
Wildey Savings No. 169733
4,000.00
Canton Institution for Savings No. 22466
4,000.00
Home Savings No. 431247
4,000.00
Brookline Savings No. 105782
1,000.00
Charlestown Five Cent Savings No. 227562
4,000.00
Massachusetts Savings No. 67947
2,000.00
Boston Five Cent Savings No. 1147096
4,000.00
Franklin Savings No. 199149
2,000.00
Boston Penny Savings No. 235356
4,616.92
10 Pd. Up Shares Forest Hills Co-Operative Bank No. 614
2,000.00
10 Pd. Up Shares Hyde Park Co-Operative Bank No. 1776
2,000.00
U. S. Defense Bonds, Series G, No. M178143G
1,000.00
U. S. Defense Bonds, Series G, No. D57565G
500.00
55,059.92
Contributory Retirement Fund
Penn. Electric Co. 4s 1971, Nos. M4993, 94, M5099 3,000.00 Lake Superior 32s 1966, Nos. M4387, 88, 89, M551 4,000.00
165
Toledo Edison 32s 1966, Nos. M96, 97, 98, M18755
4,000.00
Westchester Lighting 32s 1967, Nos. 8017-18 2,000.00
Pacific Gas & Electric 32s 1961, Nos. M88320, 21, 22 3,000.00
Central Vt. Public Service 33s 1966, Nos. M1596, M6358, M4077, M4078
4,000.00
Jersey Central Power & Light 33s 1965, Nos. M23683, 84, 85, M5841, M12398, 99, M19795, 96,97 9,000.00
200 Shares First National Bank of Boston Stock, 50 No. 172435, 50 No. 172473, 100 No. 176615
9,525.00
U. S. Defense Bonds, Series G, Nos. V13129G, M70598G, 99G, 600G, M73201G, 202G 10,000.00
U. S. Defense Bonds, Series G, Nos. M226767G, 68G, 69G 3,000.00 Boston & Albany Railroad 42s 1943, Nos. 101, 102, 103 3,000.00
10 Pd. Up Shares Merrimac Co-Operative Bank No. 1358
2,000.00
10 Pd. Up Shares Norwood Co-Operative Bank No. 233 Dedham Institution for Savings No. 72229
4,000.00
East Boston Savings No. 120970
3,005.00
Malden Savings No. 155338 Danvers Savings No. 6994
4,040.00
2,500.00
Natick Five Cent Savings No. 59334
1,000.00
Newton Savings No. 85338
3,000.00
Norwood Trust Co. Savings No. 31483
3,000.00
Walpole Trust Co. Savings No. 12174
3,000.00
Boston Penny Savings No. 234825
10,000.00
$92,070.00
WALTER A. BLASENAK, Town Clerk and Accountant March 2, 1942
Norfolk, ss.
Then personally appeared the above named Walter A. Blasenak and made oath that the foregoing statement is true.
CHARLES P. STONE, Justice of the Peace
2,000.00
The Commonwealth of Massachusetts DEPARTMENT OF CORPORATIONS AND TAXATION
DIVISION OF ACCOUNTS
REPORT OF AN AUDIT OF
THE ACCOUNTS OF THE TOWN OF NORWOOD.
For the Period from October 23, 1940 to October 31, 1941
Made in Accordance with the Provisions of Chapter 44, General Laws
January 3, 1942
/
169
THE COMMONWEALTH OF MASSACHUSETTS Department of Corporations and Taxation Division of Accounts
State House, Boston January 3, 1942
To the Board of Selectmen Mr. Harry B. Butters, Chairman Norwood, Massachusetts
Gentlemen:
I submit herewith my report of an audit of the books and acounts of the town of Norwood for the period from October 23, 1940 to October 31, 1941, made in accordance with the provisions of Chapter 44, General Laws. This is in the form of a report made to me by Mr. Herman B. Dine, Assistant Director of Accounts.
Very truly yours,
THEODORE N. WADDELL, Director of Accounts
Mr. Theodore N. Waddell Director of Accounts Department of Corporations and Taxation
State House, Boston
Sir:
As directed by you, I have made an audit of the books and accounts of the town of Norwood for the period from October 23, 1940, the date of the previous audit, to October 31, 1941, and report thereon as follows:
Town Accountant. The books and accounts in the town accountant's office were examined and checked in detail. The recorded receipts were compared with the treasurer's books and with the records of the several departments collecting money for the town or committing bills for collec- tion. The records of disbursements were checked with the treasury war- rants and with the payments as shown by the treasurer's books.
The general ledger was analyzed for the period covered by the audit, a trial balance was taken off proving the ledger to be in balance, and a balance sheet, showing the financial condition of the town on October 31, 1941, was prepared and is appended to this report.
An analysis was also made of the appropriation ledgers, the appropria- tions, loan orders, and transfers being checked with the records of the financial votes passed in town meeting.
170
Town Treasurer. The books and accounts of the town treasurer were examined and checked. The cash book additions were verified, and the recorded receipts were analyzed and compared with the records of the town accountant and with those of the departments making payments to the treasurer. The payments by the treasurer were compared with the selectmen's warrants authorizing the disbursement of town funds.
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