USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1945-1947 > Part 44
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13,000.00
13,000.00
781.77
781.77
Cash Shortage, Former Clerk, Electric Light Department
781.77
781.77
95.00
95.00
Cash Shortage, Former Clerk, Electric Light Department
95.00
95.00
23,148.84
23,148.84
Water Department, Maintenance
20,310.30
245.55
20,555.85
2,592.99
46,430.19
46,430.19
Water Department, Operation
35,766.21
153.99
35,920.20
10,509.99
10,961.28
10,961.28
Water Department, Construction
5,917.47
25.93
5,943.40
5,017.88
REPORT OF TOWN ACCOUNTANT
277
278
REVENUE APPROPRIATIONS - Continued
Warrants
Transfers
Taxation and Available Receipts
Total
Account
Payments
Payable
Total
Balance
17,150.20
17,150.20
Cemetery Maintenance
14,819.23
101.44
14,920.67
2,229.53
3,515.00
3,515.00
Cemetery Improvement
757.53
19.98
777.51
2,737.49
6,050.00
6,050.00
Insurance
5,974.04
47.62
6,021.66
28.34
2,113.40
2,113.40
Town Committee of Rehabilitation and Reemployment
643.06
135.38
778.44
1,334.96
104.81
104.81
Purchase of Service Plaques
88.75
88.75
16.06
910.00
910.00
Memorial Day Observance
801.46
801.46
108.54
964.00
964.00
Expense of Officials, Out of State
820.23
820.23
143.77
864.00
864.00
Repairs and Improvement of Real Estate
859.66
859.66
4.34
908.00
908.00
Repairs to Lighting Equipment,
Municipal Airport
188.61
308.25
496.86
411.14
1,400.00
1,400.00
Annuity, Mary A. Lydon and De-
pendents
1,400.00
1,400.00
1,850.00
1,850.00
Printing Town Reports
1,824.28
1,824.28
25.72
430.00
430.00
Expense of Carillon Concerts
266.49
33.00
299.43
130.51
500.00
500.00
Razing Buildings on Washington St.
496.65
496.65
3.35
75,577.00
75,577.00
Maturing Debt
75,577.00
75,577.00
6,261.15
6,261.15
Interest
6,261.15
6,261.15
700.00
700.00
Lease of Quarters, Veterans of Foreign Wars
700.00
700.00
61,243.68
61,243.68
Adjusted Compensation
61,050.44
61,050.44
193.24
21,217.35
21,217.35
Reserve Fund
21,217.35
$2,045,687.62 $2,045,687.62
$1,718,113.27 $44,974.49 $1,763,087.76 $282,599.86
TOWN OF NORWOOD
NON-REVENUE APPROPRIATIONS
Warrants
Balance of Receipts
Borrowings
Total
Account
Payments Payable
Total
Balance
$369.41
Light Construction, New Sub Station
$217.61
$217.61
$151.80
46.56
Henry O. Peabody Building
46.56
156.91
Surface Drainage Construction
156.91
1.00
Land Protection Water Supply
1.00
67.81
New Town Ways Westerly Senior High
67.81
597.55
Construction Lenox Avenue
597.55
585.17
Nichols Street Extension
585.17
43.43
Macadam Resurfacing
43.43
190.05
New Town Ways Northerly of Nichols Street
190.05
153.86
Gay Street Extension
153.86
347.96
School Building Construction
347.96
12.48
Water Construction
12.48
$2,572.19
$217.61
$217.61
$2,354.58
REPORT OF TOWN ACCOUNTANT
279
280
OTHER OPERATING ACCOUNTS
Warrants
Transfers
Total
Account
Payments
Payable
Total $4,232.80 7,248.23
2,049.41
3,018.90
3,018.90
Public Works Stock Credits
3,018.90
George Deen Fund
7,085.00
7,085.00
Smith Hughes Fund
650.00
650.00
Refunds
4,309.60
4,309.60
Trust Transactions
2,662.94
60.00
2,722.94
Purchase War Bonds
1,911.75
1,911.75
Investment
3,300.00
3,300.00
Agency Transactions
165,430.61
10,082.76
175,513.37
Cemetery Income from Perpetual Care Investments
9.00
9.00
$196,531.77
$10,450.92
$206,982.69
$5,404.10
TOWN OF NORWOOD
Balance
$4,568.59
$4,568.59
Garage, Gas and Oil
$4,232.80
$335.79
9,003.21
$224.43
9,227.64
Garage, Maintenance and Operation
6,940.07
$308.16
Taxation and Available Receipts
$16,590.70
$224.43
$16,815.13
TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1946 GENERAL ACCOUNTS
Assets
Liabilities and Reserves
Cash:
In Bank and Office
$775,749.39
$208.00
Withholding Tax. .
4.50
Accounts Receivable
Taxes
Levy, 1946:
Poll Tax
$98.00
Sale of Real Estate Fund
53,103.80
Personal Property 1,936.39
Highway Fund, Ch. 464, Acts of 1935
155.85
Real Estate 47,835.71
Fire Damage Reimbursement
616.09
$49,873.10
Motor Vehicle Excise Taxes:
Guarantee Deposits:
Levy, 1946
965.85
Electric Service Connections. $426.37
Electric Consumers. 2,474.00
Sewer
502.13
Water
1,119.79
Cemetery Perpetual Care Fund Bequests
450.00
Committed Interest 1946 .
38.37
512.57
Cemetery Sale of Lots and Graves Fund 50,244.60
Income - Trust and Investment Funds: Cemetery Perpetual Care Fund ...
6,612.89
ments
866.14
Tax Titles
15,916.06
Chickering Fund
48.00
Tax Title Possessions
29,130.66
Departmental:
E. Florence Morse .. 50.00
Recreation
.
$ .60
Harriet W. Lane Fund. 70.00
281
REPORT OF TOWN ACCOUNTANT
Special Assessments:
Sewers added to taxes 1946. . 451.14
Street Betterment added to
4,522.29
taxes 1946
23.06
Payroll Deductions:
War Bond Purchases
Proceeds of Dog Licenses Due County
9.00
Proceeds Sporting Licenses Due State
330.50
Tailings - Unclaimed Checks .
4,546.40
Unapportioned Sewer Assess-
. Anna M. Day Cemetery Fund 851.98
50.00 Warren H. Cudworth Fund . . Alice H. Plimpton Fund 3,016.03
BALANCE SHEET - Continued
Real Estate
222.00
Moth
170.80
General Government 461.15
Health.
3,029.67
Highway
335.71
Police
1,651.82
Sanitation
217.41
Schools .
8,015.55
Welfare
584.55
Old Age Assistance
573.93
$15,263.19
William T. Whedon Fund 50.00
High School English Prize Fund 7.20
Post War Rehabilitation Fund . : 2,006.25
Consumers' Electric Light Deposit Fund
348.66
Federal Grants:
Aid to Dependent Children Adminis- tration .
731.43
Old Age Assistance Administration ...
256.07
Smith Hughes Fund 24.06
George Deen Vocational Education ...
78.49
Warrants Payable
55,425.41
Liabilities and Reserves
Public Service Enterprise:
Municipal Electric Light
Rates. .
$19,491.14
Miscellaneous 549.61
$20,040.75
Water Department:
Rates.
17,277.66
Miscellaneous
764.24
Water Liens added to 1946
taxes . 58.00
$18,099.90
Reserve Fund - Overlay Surplus . .
8,509.96
TOWN OF NORWOOD
Unexpended Balances:
Revenue
$177,023.83
Non-Revenue. 2,354.58
Public Works Stock Account Credits. 1,810.44
$181,188.85
282
13,111.01
1,090.05
Assets
-
Cemetery :
Sale of Lots and Graves ... 3,534.80
Care of Lots. 6,443.00
$9,977.80
Electric Light Consumers' Deposits:
Departmental .
25,240.99
Motor Vehicle Excise Tax
965.85
Special Assessments
1,378.71
Tax Titles
15,916.06
Tax Title Possessions
29,130.66
Electric Light
19,945.75
Water
18,099.90
State Tax and Assessments
3,133.49
Overlay 1944
8.00
450,444.86
$940,519.88
$940,519.88
REPORT OF TOWN ACCOUNTANT
283
Overlay Reserved for Abatement of Taxes 1946 5,880.79
Revenue Reserved until Collected :
Refunded in error to be col-
lected
162.00
Under Estimates:
County Tax 1946
820.98
110,677.92
Surplus Revenue
284
DEFERRED REVENUE ACCOUNTS
Apportioned Sewer Assessments not Due ...
$1,349.43
Apportioned Sewer Assessment Revenue: Due in 1947
$951.09
Apportioned Street Betterments Assessments not Due .
793.85
1948
184.99
1949
122.04
1950
91.31
Apportioned Street Betterment Assess- ment Revenue:
Due in 1947
128.97
1948
128.97
1949
128.96
1950
128.96
1951
128.95
952
37.26
1953
37.26
1954
37.26
1955
37.26
$2,143.28
$2,143.28
TOWN OF NORWOOD
DEBT ACCOUNTS
Net Funded or Fixed Debt:
Loans Inside Debt Limits:
Schools
$24,000.00
Highways
3,000.00
Sewer
42,000.00
Municipal Office Building
2,000.00
$71,000.00
Loans Outside Debt Limits:
Schools
110,000.00
Sewer
27,000.00
Water
16,000.00
Municipal Relief
17,000.00
Storm Damage
15,000.00
$185,000.00
$256,000.00
$256,000.00
REPORT OF TOWN ACCOUNTANT
Inside Debt Limit $71,000.00
Outside Debt Limit
185,000.00
285
286
TRUST, INVESTMENT AND RETIREMENT FUNDS
Trust, Investment and Retirement Funds, Cash and Securities:
In Custody of Town Treasurer $537,570.36
Cemetery Perpetual Care Funds
$70,034.92
Anna M. Day, Cemetery Fund
5,000.00
High School English Prize Fund
500.00
Warren H. Cudworth Fund
500.00
Alice H. Plimpton Fund .
11,038.00
Municipal Light Guarantee Deposit Fund
9,400.00
E. Florence Morse Fund.
500.00
William T. Whedon Fund
500.00
Harriet W. Lane Fund. .
800.00
Post War Rehabilitation Fund
252,500.00
Municipal Contributory
Retirement
Funds
186,797.44
$537,570.36
$537,570.36
TOWN OF NORWOOD
287
REPORT OF TOWN ACCOUNTANT
TRIAL BALANCE December 31, 1946
Debit $775,749.39
Credit
Cash
Warrants Payable
$55,425.41
Poll Taxes 1946
98.00
Personal Property Taxes 1946
1,936.39
Real Estate Taxes 1946
47,838.71
Motor Vehicle Excise Taxes 1946
965.85
Apportioned Sewer Assessments 1946
451.14
Apportioned Street Betterment Assessment 1946
23.06
Committed Interest 1946
38.37
Water Liens Added to 1946 Taxes
58.00
Unapportioned Sewer Assessment
866.14
Tax Titles
15,916.06
Tax Title Possessions
29,130.66
Accounts Receivable
Recreation
.60
Real Estate
222.00
Moth
170.80
Cemetery
3,534.80
Cemetery, Care of Lots.
6,443.00
General Government
461.15
Health
3,029.67
Highway
335.71
Police
1,651.82
Sanitation
217.41
Schools
8,015.55
Welfare
584.55
Old Age Assistance.
573.93
Electric Service Rates
19,491.14
Electric Light
549.61
Water Rates
17,277.66
Water
764.24
Revenue Appropriations
177,023.83
Public Works Stock Credits
1,810.44
Deductions for Income Tax
4.50
Payroll Deductions for Bond Purchases
208.00
Federal Grant - Aid for Dependent Children Adminis- tration
731.43
Federal Grant - Old Age Assistance Administration .. .
256.07
Highway Grant - Chapter 464, Acts of 1935.
155.85
Federal Grant - Smith Hughes Fund
24.06
Guarantee Deposits - Electric Service Connections
426.37
Guarantee Deposits - Consumers Electric Service
2,474.00
Guarantee Deposits - Dog Licenses
9.00
Guarantee Deposits - Sewer
502.13
Guarantee Deposits - Sporting Licenses.
330.50
Guarantee Deposits - Water
1,119.79
Sale of Real Estate Fund
53,103.80
288
TOWN OF NORWOOD
Debit
Credit
Interest on Electric Consumers' Deposits
$348.66
Fire Damage Loss
616.09
Tailings
2,090.65
Electric Light Guarantee Deposits Refunded in Error . .
$162.00
Land Damage
2,455.75
George Dean Fund.
78.49
Cemetery Perpetual Care Bequests.
450.00
Cemetery Perpetual Care Fund Income.
6,612.89
Anna M. Day Cemetery Trust Fund Income
851.98
Chickering Fund Income
48.00
Warren H. Cudworth Fund Income
50.00
Alice H. Plimpton Fund Income
3,016.03
E. Florence Morse Fund Income
50.00
William T. Whedon Fund Income
50.00
High School English Fund Income
7.20
Post War Rehabilitation Income
2,006.25
Harriet W. Lane Fund Income
70,00
County Tax 1946
820.98
State Tax and Assessments
3,133.49
Non-Revenue Appropriations
2,354.58
Cemetery Available Receipts
50,244.60
Reserve Fund - Overlay Supplies
8,509.96
Overlay - 1944
8.00
Overlay - 1946
5,880.79
Departmental Revenue
25,240.99
Motor Vehicle Excise Revenue
965.85
Special Assessment Revenue
. .
1,378.71
Tax Title Revenue
15,916.06
Tax Title Possessions Revenue
29,130.66
Electric Light Revenue
19,945.75
Water Revenue
18,099.90
Excess and Deficiency
450,444.86
Apportioned Sewer Assessments - Not Due
1,349.43
Apportioned Sewer Assessments due in 1947
951.09
Apportioned Sewer Assessments due in 1948
184.99
Apportioned Sewer Assessments due in 1949
122.04
Apportioned Sewer Assessments due in 1950.
91.31
Apportioned Street Betterments - Not Due
793.85
Apportioned Street Betterments due in 1947
128.97
Apportioned Street Betterments due in 1948
128.97
Apportioned Street Betterments due in 1949
128.96
Apportioned Street Betterments due in 1950
128.96
Apportioned Street Betterments due in 1951
128.95
Apportioned Street Betterments due in 1952
37.26
Apportioned Street Betterments due in 1953
37.26
Apportioned Street Betterments due in 1954
37.26
Apportioned Street Betterments due in 1955
37.26
Net Bonded Debt - Inside
71 000.00
Net Bonded Debt - Outside
185,000.00
School Loans - Inside
24,000.00
289
REPORT OF TOWN ACCOUNTANT
Debit
Credit
Highway Loans - Inside
$3,000.00 42,000.00
Sewer Loans - Inside
Municipal Office Building - Inside 2,000.00
School Loans - Outside
110,000.00
Sewer Loans - Outside.
27,000.00
Water Loans - Outside
16,000.00
Municipal Relief Loans - Outside
17,000.00
Emergency Storm Damage Loan - Outside
15,000.00
Trust Funds Cash and Securities
$350,772.92
Cemetery Perpetual Care Fund
70,034.92
Anna M. Day Fund.
5,000.00
High School English Fund
500.00
Warren H. Cudworth Fund
500.00
Alice H. Plimpton Fund
11,038.00
Municipal Light Consumers' Trust Fund
9,400.00
E. Florence Morse Fund
500.00
William T. Whedon Fund.
500.00
Harriet W. Lane Fund
800.00
Post War Rehabilitation Fund
252,500.00
$1,549,436.08 $1,549,436.08
290
MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Accounts
Total Cost
Book Value Jan. 1, 1946
Additions During Year
Deprecia- tion
Book Value Dec. 31, 1946
$9,636.68
Land
$9,636.68
$9,636.68
80,514.93
Structure .
49,655.71
$4,025.75
45,629.96
204,288.00
Transformer Station Equipment
88,607.61
$1,368.97
11,009.05
78,967.53
230,829.22
Poles, Fixtures and Conductors
73,830.18
6,954.50
11,816.31
68,968.37
46,276.96
Underground Conduits
29,671.21
2,313.85
27,357.36
57,466.89
Underground Conductors
39,998.34
3,162.09
2,715.24
40,445.19
68,3440.27
Consumers' Meters
21,957.49
35.00
3,415.26
18,577.23
23,401.06
Consumers' Meters' Installation
13,602.51
5,212.27
909.44
17,905.34
58,153.32
Line Transformers
19,915.38
114.57
2,901.94
17,128.01
15,690.19
Transformer Installation
10,899.59
947.08
737.15
11,109.52
34,940.77
Street Light Equipment
12,246.91
76.87
1,743.20
10,580.58
$829,538.29
$370.021.61
$17,871.35
$41,587.19
$346,305.77
TOWN OF NORWOOD
COMPARATIVE BALANCE SHEET STATEMENT
Assets
Jan. 1, 1946
Investments
$370,021.61
Plant Investment .
Dec. 31, 1946 $346,305.77 13,775.29
Increase
Decrease $23,175.84 779.29
14,544.58
General Equipment
Current Assets
10,882.40 Special Deposits
$12,205.37
$1,322.97
32,905.06
Accounts Receivable
20,040.75
12,864.31
4,272.59
Materials and Supplies
7,034.43
2,761.84
276.88
Prepaid Insurance.
184.94
91.94
50,953.99 Depreciation Fund
71,096.66
20,142.67
$483,867.11
$470,643.21
$13,223.90
$22.50
Interest Accrued
$22.50
10,882.40
Consumers' Deposits
$12,205.37
$1,322.97
12,000.00 Notes Payable .
204,808.00
Loans Repayment. . .
216,808.00
12,000.00
32,724.15
Appropriation for Construction Repayment
32,724.15
223,430.06 Profit and Loss Balance.
208,905.69
14,524.37
$483,867.11
$470,643.21
.
OPERATING REVENUE STATEMENT
Increase
Decrease
Metered Sales to Private Consumers
$342,460.14
$17,417.50
Street Lighting Revenue
14,075.75
1,770.60
Other Municipal Revenue
22,158.70
3,615.64
1
291
REPORT OF TOWN ACCOUNTANT
Liabilities
12,000.00
$13,223.90
292
INCOME STATEMENT
Operating Revenues
$378,694.59 337,006.62
$22,803.74
Operating Expenses
21,140.33
Net Operating Revenue
$41,687.97
1,663.41
Uncollectable Operating Revenue
$1,276.62
Net Operating Income
$41,687.97
$2,940.03
Merchandise and Jobbing Revenue
314.60
826.97
Interest Income. .
225.00
2.50
Gross Income
$41,598.37
$2,115.56
Interest on Bonds and Notes
305.53
154.39
Income Balance Transferred to Profit and Loss
$41,292.84
$2,269.95
PROFIT AND LOSS STATEMENT
Credits
Credit Balance at Beginning of Year
$223,430.06
Credit Balance Transferred from Income Account
41,292.84
$264,722.90
Debits
Deductions from Surplus .
$55,817.21
Balance Profit and Loss December 31, 1946
208,905.69
$264,722.90
.
TOWN OF NORWOOD
OPERATING EXPENSES
Electric Energy Purchased
$208,663.48
Inerease $10,106.70
Decrease
Operation:
Transformer Station Labor
12,890.53
3,666.51
Transmission and Distribution Lines
9,384.60
2,289.27
Inspecting and Testing Meters.
905.84
443.80
Removing and Resetting Meters
1,183.13
312.29
Removing and Resetting Transformers
$173.70
Maintenance:
Transformers Station Structures
$1,610.03
190.84
Transformer Station Equipment . .
2,052.87
204.98
Transmission and Distribution Lines
13,820.93
664.82
Underground Conduits
12.21
Underground Conduetors
1,063.90
1,022.57
Consumers Meters
286.34
67.12
Transformers
603.11
498.78
UTILIZATION
Operation of Municipal Street Lamps .
$850.75
$373.85
Maintenance of Municipal Street Lamp
2,897.56
1,077.29
Maintenance of Consumers' Installations
1,765.52
991.03
.
REPORT OF TOWN ACCOUNTANT
293
294
COMMERCIAL
Salaries (Services by Other Departments) Advertising
$20,850.00 1,915.72
$1,106.81
MISCELLANEOUS
Salary of Superintendent. .
$4,000.00
$659.78
Other General Department Salaries
1,862.94
$489.15
Office Supplies and Expenses
196.02
.96
General Office Rents
1,800.00
Pensions
2,600.80
2,600.80
Insurance
732.24
94.47
Transportation
2,158.86
776.11
Inventory Adjustments
32.82
1,330.57
Maintenance of General Structures
1,449.19
508.34
Depreciation
41,134.16
729.56
Miscellaneous General Expense
360.92
56.34
Total Operating Expenses
$337,006.62
$21,140.33
$2,000.00
TOWN OF NORWOOD
295
REPORT OF TOWN ACCOUNTANT
WATER DEPARTMENT
Cash Received at Office of Town Treasurer:
Water Rates
$94,681.74
Service and Material
1,324.57
Telephone Tolls
.35
Hydrant Rentals
6,678.00
Water Liens added to 1946 Taxes
506.65
Water Liens added to 1945 Taxes
347.85
Balance 1946 Extension Account (Non Revenue)
12.48
Balance 1946 Maintenance and Construction
7,026.82
$110,578.46
Disbursement
Maintenance and Operation
$56,476.05
Extension of Mains (Construction)
5,943.40
Service Charges to Other Departments
15,280.00
Debt and Interest Charges
3,325.00
Reserved Balance December 31, 1946
Appropriated for:
Extension of Water Mains (Non Revenue)
12.48
Extension of Water Mains and Construction
3,892.48
Water Maintenance
1,604.00
Water Operation.
1,002.00
$87,535.41
Cash Returned to Town Treasury
23,043.05
$110,578.46
CEMETERY PERPETUAL CARE BEQUESTS 1946
Total of Bequests to January 1, 1946.
$71,866.42
Received during year 1946:
Lot No. Doncr
2382 Clifford T. Johnson
125.00
1267
Cecelia B. McDonough
125.00
592
Alice Scott
125.00
1595
Lillian I. Garlick
125.00
2377
Doris B. Maier
125.00
1077
Margaret Thornton
125.00
2374
John Koivu
125.00
574
Elizabeth Weich and Mary Crosby
150.00
1629
Elizabeth Giampa
125.00
1625
Edward J. Gordon
125.00
2390
Hedvig M. Low
125.00
1573
Stanley Palleiko
125.00
2388
Jane Mattson
125.00
1045
Arthur J. Brissette
150.00
1171
Elizabeth Fairbanks
150.00
296
TOWN OF NORWOOD
$200.00
86
Estate of George W. Gay
1621
Mary A. Coleman
125.00
1014
Stephen Costello 125.00
179
Ralph J. Morono
125.00
1642
Paul A. Benson
125.00
716
Margaret E. Foley
150.00
2399
Elizabeth Traquair
125.00
2371
Wilheim Larson
125.00
1345
Isadore and Carolina Palumbo
150.00
1254
Stephen Foley
125.00
137
Harold W. Gay
150.00
Single Graves
1263 Mary Mitchell
25.00
1686-1687
Patrick Naughton
50.00
855-856
Elizabeth Fairbanks
50.00
$75,466.42
CONTRIBUTORY RETIREMENT - 1946 Membership
Active Membership, December 31, 1945:
Group A - Male 92, Female 45
Group B -- Male 33 Total 170
Enrolled during year: Group A - Male 12, Female 5
Group B - Male 4
Withdrawals and Transfers to Inactive: Group A - Male 5, Female 8 Group B - Male 5
Retirement for:
Pensions
Superannuation: Group A - Female 2 Termination: Group A - Male 1
Active Membership, December 31, 1946
Total 173
Inactive Membership, December 31, 1945 Group A - Male 29, Female 2 Group B - Male 3 Total 34
Transfers and Retirements during year Group A - Male 1, Female 4 Group B - Male 5
Deaths of Retired Members: Group A - Male 5
Inactive Membership, December 31, 1946 Total 42
Total Active and Inactive Membership: December 31, 1946: Group A - Male 125, Female 50 Group B - Male 40 Total 215
REPORT OF TOWN ACCOUNTANT
297
CONTRIBUTORY RETIREMENT - 1946 Income
From Members:
Group A
$16,914.48
Group B
1,888.68
$18,803.16
From Town:
Appropriation as Contributors:
Pension Fund
24,252.00
Administration Expenses
600.00
$24,852.00
From Interest:
On Bonds and Stocks
4,297.50
On Deposits in Banks
278.38
$4,575.88
From Other Sources:
Sale of Bonds
$9,405.00
Interest Deficiency
270.47
Investment Income
105.00
Annuity Paid
40.00
Chapter 419, Acts of 1943
302.75
$10,123.22
$58,354.26
Disbursements
Annuity Payments:
Group A
$836.89
Group B
1.80
$838.69
Pension Payments:
Group A
$18,283.20
Group B
926.88
$19,210.08
Refunds:
Deposits
$953.71
Interest
56.32
$1,010.03
Investments
34,437.50
Accrued Interest.
211.00
Administrative Expenses:
Salaries
$778.35
Printing and Stationery
119.00
Travel.
61.29
Postage and Miscellaneous
13.65
$972.29
$56,679.59
298
TOWN OF NORWOOD
Assets
Bonds at Book Value.
$157,603.36
Co-operative Bank Shares Book Value
8,000.00
Deposits in Banks not at Interest
7,649.08
Deposits in Banks at Interest
13,545.00
$186,797.44
Liabilities
Annuity Savings Fund
$103,525.29
Annuity Reserve Fund
8,174.20
Special Fund for Military Service Credit
1,765.04
Pension Fund
72,215.90
Expense Fund
1,117.01
$186,797.44
The Honorable Board of Selectmen:
Gentlemen:
The foregoing is submitted as the report of the Town Clerk and Accountant for the year ending December 31, 1946, setting forth abstracts of the records of town meetings and elections, vital statistics and statements of the appropriations and expenditures and the receipts from each source of income, also statement of funded debt, information relative to maturities and debt, the balance sheet showing the assets and liabilities at the close of the fiscal year.
I certify that I have examined the securities and savings deposits of the Trust Funds in the hands of the Town Treasurer and find them to be correct as shown in the following schedule:
TRUST FUND SECURITIES - DECEMBER 31, 1946 Retirement Fund
Interest
Dates
Toledo Edison 312s 1966, M96, 97, 98 18755
J & J 1
$4,000.00
Westchester Lighting 31/2s 1967, 8017-18
J & J 1
2,000.00
U. S. War Bonds Series G, V13129G
M & N 1
5,000.00
M70598, 599, 600, MI73201,202
M & N 1 5,000.00
M226767, 768, 769
M & S1
3,000.00
X181352, X170194
M & N 1
20,000.00
M740324
J & J 1
1,000.00
X280180, X279703
A & 0 1
20,000.00
10 Pd. Up Shares Merrimac 212% Coop. No. 1358
2,000.00
10 Pd. Up Shares Norwood Coop. No. 233
2,000.00
Dedham Savings No. 72229
M & N 10
4,000.00
East Boston Savings No. 120970
J & J 15
1,005.00
Malden Savings No. 155338
A & O 10
4,040.00
Danvers Savings No. 6994 21/2%
A & 01
2,500.00
Natick Five Cent Savings No. 59334 2%
M & N 12
1,000.00
Newton Savings No. 85338.
J & J 10
1,000.00
Atchison, Topeka & Santa Fe 4s 1995 No. RB 3166
A & 0 1
5,000.00
N. Y. Central & Hudson River 312s 1997, M8800, 1, 2, 3, 4 J & J 1
5,000.00
299
REPORT OF TOWN ACCOUNTANT
U. S. War Bonds Series G, Nos. M2, 682, 496G, 497G, 498G
M &S 1
$3,000.00
U. S. War Bonds Series G, Nos. X482, 378G J & D 1 10,600.00
Northern Pacific Prior Lien 4s 1997, No. 9654 Reg. J, A, J, &
0 1 10,000.00
N. Y. Central & Hudson River 312s 1997 Reg., Nos. M9463, M9464, M9465 J & J 1 3,000.00
N. Y. Central & Hudson River 312s 1997, Reg. No. X7509 J & J 1
10,000.00
U. S. War Bond Series G, No. M3374217G J & D 1 1,000.00
U. S. War Bond Series G, No. M3374218G
1,000.00
U. S. War Bond Series G, No. V575516G . J & D 1
5,000.00
Reading Co. 3gs 1995, 63, 393, 4, 5, 6, 7, 8, 9, 400, 1, 2, 3, 4, 5,6. 7 M & N 1 15,000.00
Nashville, Chattanooga & St. Louis 3s 1986 Temp. Bonds, Nos. 5901, 2, 3, 4, 5, 14584, 85, 9631, 32, 33 F & A 1
10,000.00
10 Pd Up Shares Hyannis Coop. Bank, No. 1209 2,000.00
10 Pd. Up Shares Workingmen's Coop. Bank, No. A15982
2,000.00
Am. Tel & Tel. Co. 2 34s 1980, Nos. 87-428, 29, 30, 31, 32. F & A 1
5,000.00
Am. Tel. & Tel. Co. 2 5gs 1986, Nos. 47319, 328 incl. J & J 1
10,000.00
Am. Tel. & Tel. Co. 25gs 1986, Nos. 88676, 680 incl. J & J1
5,000.00
Total
$179,545.00
High School English Prize Fund
278 Treasury Bonds 1955-60, Nos. 199157 H, 58J, 59K, 60L, 61A M & S 15 $500.00
Warren H. Cudworth Fund
Dedham Savings No. 62375 M & N 10 500.00
E. Florence Morse Library Trust Fund
U. S. Savings Bond Series G, Nos. D440, 133G
A&01
500.00
Anna M. Day Fund
U. S. Savings Bond Series G, Nos. V252, 070G
A & 01
5,000.00
William T. Whedon Library Fund
U. S. Savings Bond Series G, Nos. D349, 400G
F & A 1
500.00
Harriet W. Lane Fund
U. S. Savings Bonds Series G, No. D744 212 M & N 1 500.00
C1 472 468, 69, 70 300.00
Total $800.00
Electric Service Deposits
U. S. Savings Bonds Series G, Nos. M69 932, 33, 34, 35. M & N 1 $4,000.00
Nos. M160 068, M802 844
J & J 1 2,000.00
Norwood Trust Company Checking Account
400.00
300
TOWN OF NORWOOD
U. S. Savings Bonds Series G, No. M2 810 977G. M & N 1 $1,000.00
No. M2 810 078G. 1,000.00
U. S. Savings Bond Series G, No. M3 501 483G M & N 1 1,000.00
Total
$9,400.00
Alice H. Plimpton Library Trust Fund
U. S. Savings Bonds Series G, M178 138G, 39G, 40G, 41G, 42G F & A 1 5,000.00
U. S. Savings Bonds Series G, No. M2 769 479G A&01
1,000.00
No. M2 806 226G
1,000.00
No. M2 806 227G.
1,000.00
No. M2 806 228G
1,000.00
No. M2 806 229G
1,000.00
No. M2 806 231G.
1,000.00
Total.
$11,000.00
Cemetery Perpetual Care Fund
278 Treasury Bonds 1955-60, Nos. 179 298J, 277 430J M & S 15 2,000.00
Nos. 288 698J, 99K, 199 162B, 63C, 64D. 500.00
10 Pd. Up Shares Forest Hills Co-op. Bank No. 614
2,000.00
10 Pd. Up Shares Hyde Park Co-op. Bank No. 1776
2,000.00
U. S. Savings Bonds Series G, M178 143, D5756
F & A 1
1,500.00
V126 633, M692 051, 52
M & N 1
7,000.00
X279701
A & 01
10,000.00
V252 067
A & 0 1
5,000.00
C1 231 737
A & 0 1
100.00
M1 635 743, 44, 45, 46
A & 0 1
4,000.00
Dedham Savings No. 70351
M & N 10
5,618.00
Wildey Savings No. 169733
M & N 25
4,000.00
Brookline Savings No. 105782
J & J 20
1,000.00
Charlestown Five Cent Savings No. 227562
A & O 15
4,000.00
Boston Five Cent Savings No. 1147096
A & O 15
4,000.00
Franklin Savings No. 199149
F & A 10
2,000.00
Boston Penny Savings No. 235356
A & O 12
4,616.92
U. S. War Bonds Series G, No. D1 320 213G
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