Norwood annual report 1945-1947, Part 44

Author: Norwood (Mass.)
Publication date: 1945
Publisher: The Town
Number of Pages: 1008


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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