USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1945-1947 > Part 63
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Committed Interest 1947 .. 25.65
204.33
Guarantee Deposits:
258
TOWN OF NORWOOD
Warrants Payable
$6,316.83 62,416.22
34.36
Proceeds of Sporting Licenses - Due State
348.75
155.85
Fire Damage Reimbursement 616.09
Tax Titles 16,217.97
Tax Title Possessions 28,282.29
Northeast Sewer Project 1,855.00
Electric Consumers' 3,876.00
Electric Service Connections
568.94
Sewer
711.89
Water
885.68
Departmental:
Real Estate
465.00
Moth
185.75
General Government
621.95
Bequests
1,050.00
Health
3,029.67
Highways
637.82
Police . .
1,895.22
Sanitation
157.66
Schools
6,206.54
Welfare
1,080.27
Old Age Assistance
510.97
Fire
1.55
Rental Town Property . .
11.01
Sidewalks
209.95
Chickering Fund .
9.05
Warren H. Cudworth Library Fund
28.43
Alice H. Plimpton Library Fund
3,291.03
Public Service Enterprises: Municipal Light:
Municipal Electric Light
Rates. . .
15,950.11
Harriet W. Lane Fund.
90.00
Miscellaneous
880.11
Post War Rehabilitation Fund
8,178.75
Water Department:
Rates. 17,309.42
20,827.38
259
REPORT OF TOWN ACCOUNTANT
Overestimate 1947:
County Tax 6,670.74
Income - Trust and Investment Funds
8,222.59
Cemetery Perpetual Care Funds . . . Anna M. Day Cemetery Funds
976.98
15,013.36
E. Florence Morse Library Fund .... William T. Whedon Library Fund .. High School English Prize Fund .
8.33
.21
7.15
16,830.22
Consumers' Electric Service Deposit Fund 14.86
Schools 5.00
7,902.51
Cemetery Perpetual Care Funds -
Cemetery Sale of Lots and Graves Fund 58,799.42
Post War Fund Reserve 50,000.00
Assets
Miscellaneous . $666.63
Water Liens added to 1947
Taxes 135.50
Cemetery
Sale of Lots and Graves .. 3,344.80
Care of Lots. . 6,483.50
9,828.30
Chapter 90 - Aid to Highways:
State
1,000.00
County 1,000.00
2,000.00
Underestimates 1947:
State Assessments
2,436.55
Overlay Deficit:
Revenue Reserved until Collected :
Motor Vehicle Excise Tax
1,346.94
Special Assessments
204.33
Tax Titles .
16,217.97
Tax Title Possessions
28,282.29
Departmental
24,841.66
Municipal Light
16,830.22
Water ..
18,111.55
Surplus Revenue
442,000.24
$1,251,679.00
Liabilities and Reserves
BALANCE SHEET - Continued
$18,111.55
Federal Grants: Aid to Dependent Children Adminis- tration.
$867.20
Old Age Assistance Administration ... 739.54
Regular 2,846.70
Land Damage Checks Unclaimed
$4,453.44 2,445.75
Unexpended Balances: Revenue
403,222.58
Public Works Stock Credits .
3,522.07
Reserve Fund - Overlay Surplus . . . ..
8,506.81
Overlay Reserved for Abatement of Taxes Levy of 1947 . 1,312.62
Levy of 1945
4.00
Levy of 1946 354.90
358.90
Post War Rehabilitation Principal
50,000.00
Revenue 1948
7,125.00
$1,251,679.00
260
TOWN OF NORWOOD
DEFERRED REVENUE ACCOUNTS
Apportioned Sewer Assessments not Due ... Apportioned Street Betterment Assessments not Due . 664.88
$724.46
Apportioned Sewer Assessment Revenue:
Due in 1948
$272.89
1949
209.93
1950
179.22
1951
64.42
$724.46
Apportioned Street Assessments Revenue: Due in 1948
$128.97
1949
128.96
1950
128.96
1951
128.95
1952
37.26
1953
37.26
1954
37.26
1955
37.26
$664.88
$1,389.34
$1,389.34
REPORT OF TOWN ACCOUNTANT
261
262
DEBT ACCOUNTS
Net Funded or Fixed Debt: Inside Debt Limit .. $44,000.00
Loans Inside Debt Limit:
School
$16,000.00
Outside Debt Limit
155,000.00
Sewer .
28,000.00
$44,000.00
Loans Outside Debt Limit:
School
102,000.00
Sewer ..
19,000.00
Water
13,000.00
Municipal Relief
11,000.00
Storm Damage
10,000.00
155,000 00
$199,000.00
$199,000.00
TOWN OF NORWOOD
TRUST, INVESTMENT AND RETIREMENT ACCOUNTS
Trust, Investment and Retirement Funds Cash and Securities:
In Custody of Town Treasurer $417,000.10
In Custody of Trustees . 769,846.14
E. Florence Morse Library Fund
500.00
Alice H. Plimpton Library Fund . William T. Whedon Library Fund
11,000.00
Harriet W. Lane Fund .
800.00
Anna M. Day Cemetery Fund
5,000.00
Cemetery Perpetual Care Funds .
72,484.92
Municipal Light Guarantee Fund ..
Deposit
9,400.00
Post-War Rehabilitation Fund
102,500.00
Henry O. Peabody School Fund
769.846.14
Municipal Contributory Retirement Funds . .
213,815.18
$1,186,846.24
$1,186,846.24
REPORT OF TOWN ACCOUNTANT
High School English Prize Fund
$500.00
Warren H. Cudworth Library Fund
500.00
500.00
.
263
264
TOWN OF NORWOOD
TRIAL BALANCE . December 31, 1947
Debits
Credits
Cash
$1,033,759.57
Warrants Payable
$62,416.22
Poll Taxes 1946
18.00
Poll Taxes 1947
86.00
Personal Property Taxes 1946
16.36
Personal Property Taxes 1947
3,248.90
Real Estate Taxes 1947
46,794.76
Motor Vehicle Excise Taxes 1946
10.31
Motor Vehicle Excise Taxes 1947
1,336.63
Apportioned Sewer Assessments 1947
158.19
Apportioned Street Betterment Assessment 1947
20.49
Committed Interest 1947
25.65
Water Liens added to 1947 taxes
135.50
Tax Titles
16,217.97
Tax Title Possessions.
28,282.29
Accounts Receivable
Real Estate
465.00
State Aid to Highways
1,000.00
County Aid to Highways
1,000.00
Moth
185.75
Cemetery
3,344.80
Cemetery, Care of Lots
6,483.50
General Government
621.95
Health
3,029.67
Highways
637.82
Police
1,895.22
Sanitation
157.66
Schools
6,206.54
Welfare.
1,080.27
Assistance to Aged Citizens
510.97
Electric Light Rates
15,950.11
Electric Light
880.11
Water Rates
17,309.42
Water
666.63
Fire
1.55
Rental on Town Property.
11.01
Sidewalks
. .
. 209.95
Revenue Appropriations
403,222.58
Public Works Stock Credits
3,522.07
Bond Deductions
106.00
Federal Grant - Aid to Dependent Children Adminis- tration
867.20
Federal Grants-Old Age Assistance Administration .
739.54
Federal Grants - Old Age Assistance
2,846.70
Chapter 464, Acts of 1935
155.85
Federal Housing Project Rents
5,916.83
Federal Housing Project Deposits
400.00
265
REPORT OF TOWN ACCOUNTANT
Debits
Credits
Revenue 1948
$7,125.00
Temporary Loan in Anticipation of Reimbursement. .
$2,000.00
Guarantee Deposits, Northeast Sewer Line
1,855.00
Guarantee Deposits, Electric Service Consumers
568.94
Guarantee Deposits, Electric Service Deposits
$3,876.00
Guarantee Deposits, Dog Licenses
13.80
Guarantee Deposits - Sewer
711.89
Guarantee Deposits - Sporting Licenses
348.75
Guarantee Deposits - Water
885.68
Guarantee Deposits - Schools
5.00
Post War Rehabilitation, Principle
50,000.00
Post War Fund Reserve
50,000.00
Sale of Real Estate Fund
63,103.80
Interest on Consumers' Deposits
14.86
Fire Damage Loss
616.09
Tailings
53.14
Land Damage Unclaimed Checks
2,445.75
Cemetery Perpetual Care Bequests
1,050.00
Cemetery Perpetual Care Income
8,222.59
Anna M. Day Fund - Income
976.98
Chickering Fund - Income
9.05
Warren H. Cudworth Fund - Income
28.43
Alice H. Plimpton Fund - Income
3,291.03
E. Florence Morse Fund - Income
8.33
William T. Whedon Fund - Income
.21
High School English Prize Fund - Income
7.15
Post War Rehabilitation Fund - Income
8,178.75
Harriet W. Lane Fund - Income
90.00
County Tax 1947
6,670.74
State Tax and Assessments
2,436.55
Cemetery Available Receipts
58,799.42
Reserve Fund - Overlay Surplus
8,506.81
Overlay 1945
4.00
Overlay 1946
354.90
Overlay 1947
1,312.62
Departmental Revenue
24,841.66
Motor Vehicle Excise Revenue
1,346.94
Special Assessments Revenue
204.33
Tax Title Revenue
16,217.97
Tax Title Possessions Revenue
28,282.29
Electric Light Revenue
16,830.22
Water Revenue
18,111.55
Excess and Deficiency
442,000.24
Apportioned Sewer Assessments Not Due
724.46
Apportioned Sewer Assessments Due in 1948
272.89
Apportioned Sewer Assessments Due in 1949
209.93
Apportioned Sewer Assessments Due in 1950
179.22
Apportioned Sewer Assessments Due in 1951
62.42
Apportioned Street Betterment Ass'ts. Not Due
664.88
128.97
Apportioned Street Betterment Ass'ts. Due In 1948 . .
.
266
TOWN OF NORWOOD
Debits
Credits
Apportioned Street Betterment Ass'ts. Due In 1949 . .
128.96
Apportioned Street Betterment Ass'ts. Due In 1950 . .
128.96
Apportioned Street Betterment Ass'ts. Due In 1951 ..
128.95
Apportioned Street Betterment Ass'ts. Due In 1952 . . Apportioned Street Betterment Ass'ts. Due In 1953 . .
37.26
Apportioned Street Betterment Ass'ts. Due In 1954 ..
37.26
Apportioned Street Betterment Ass'ts. Due In 1955 ..
37.26
Net Bonded Debt - Inside Debt Limit
44,000.00
Net Bonded Debt - Outside Debt Limit
155,000.00
School Loans - Inside
16,000.00
Sewer Loans - Inside
28,000.00
School Loans --- Outside
102,000.00
Sewer Loans - Outside
19,000.00
Water Loans - Outside
13,000.00
Municipal Relief Loans - Outside
11,000.00
Emergency Storm Loans - Outside
10,000.00
Trust Funds Cash and Securities
973,031.06
Cemetery Perpetual Care Fund
72,484.92
Anna M. Day Fund
5,000.00
High School English Prize Fund
500.00
Warren H. Cudworth Fund
500.00
Alice H. Plimpton Fund
11,000.00
Municipal Light Consumers' Deposits 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
102,500.00
Henry O. Peabody School Fund
769.846.14
$2,425,099.40
$2,425,099.40
37.26
MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Accounts
Book Value Jan. 1, 1947
Additions During Year
Deprecia-
Book Value Dec. 31, 1947
$9,636.68
Land
$9,636.68
$9,636.68
80,514.93
Structures.
45,629.96
$4,025.75
41,604.21
204,581.91
Transformer Station Equipment .
78,967.53
$293.91
10,214.40
69,047.04
236,012.85
Poles, Fixtures and Conductors
68,968.37
6,398.63
12,756.46
62,610.54
46,612.66
Underground Conduits .
27,357.36
335.70
2,313.85
25,379.21
58,374.19
Underground Conductors
40,445.19
907.30
2,873.34
38,479.15
68,719.22
Consumers Meters
18,577.23
378.95
3,417.01
15,539.17
35,021.35
Consumers Meters Installation
17,905.34
11,620.29
1,170.05
28,355.58
60,491.00
Line Transformers .
17,128.01
2,337.68
2,907.67
16,558.02
17,163.01
Transformer Installation
11,109.52
1,472.82
784.51
11,797.83
36,348.86
Street Light Equipment .
10,580.58
1,408.09
1,747.04
10,241.63
$853,476.66
$346,305.77
$25,153.37
$42,210.08
$329,249.06
Total Cost
tion
REPORT OF TOWN ACCOUNTANT
267
268
COMPARATIVE BALANCE SHEET STATEMENT
Assets
Jan. 1, 1947
Investments
Dec. 31, 1947
Increase
Decrease
$346,305.77
Plant Investment
$329,249.06 16,791.76
$3,016.47
.
Current Assets
$12,205.37 Special Deposits
$13,844.94
$1,639.57
20,040.75
Accounts Receivable
16,830.24
$3,210.51
7,034.43
Materials and Supplies
10,501.42
3,466.99
184.94
Prepaid Insurance.
230.16
45.22
71,096.66
Depreciation Fund
77,901.66
6,805.00
$470,643.21
$465,349.24
$5,293.97
Liabilities
$12,205.37 Consumers' Deposits
$13,844.94
$1,639.57
216,808.00 Loans Repayment ..
216,808.00
32,724.15
Appropriation for Construction Repayment
32,724.15
208,905.69
Profit and Loss Balance. .
201,972.15
$6,933.54
$470,643.21
$465,349.24
$5,293.97
OPERATING REVENUE STATEMENT
Increase
Decrease
Metered Sales to Private Consumers
$343,372.06
$911.92
Street Lighting Revenue
13,627.00
$448.75
Other Municipal Revenue
19,032.67
3,126.03
. .
.
.
.
.
.
TOWN OF NORWOOD
$17,056.71
13,775.29
General Equipment
INCOME STATEMENT
Operating Revenues
$376,031.73 355,212.83
$2,662.86
Operating Expenses
$18,206.21
Net Operating Revenue
$20,818.90
$20,869.07
Merchandise and Jobbing Revenue
$411.33
$725.93
Interest Income. .
225.00
Gross Income.
$21,230.23
$20,368.14
Interest on Bonds and Notes .
275.77
29.76
Income Balance Transferred to Profit and Loss
$20,954.46
$20,338.38
PROFIT AND LOSS STATEMENT
Credits
Credit Balance at Beginning of year
$208,905.69
Credit Balance Transferred from Income Account
20,954.46
$229,860.15
Debits
Deduction from Surplus
$27,888.00
Balance Profit and Loss December 31, 1947
201,972.15
$229,860.15
REPORT OF TOWN ACCOUNTANT
269
270
OPERATING EXPENSES
Electric Energy Purchased
$216,430.32
Increase $7,766.84
Decrease
Operation:
Transformer Station Labor
15,118.47
2,227.94
Transmission and Distribution Lines
9,635.78
251.18
Inspecting and Testing Meters. .
755.44
$150.40
Removing and Resetting Meters
1,267.68
84.55
.
Maintenance:
Transformer Station Structures
1,781.33
171.30
Transformer Station Equipment ..
1,443.62
609.25
Transmission and Distribution Lines
16,417.47
2,596.54
Underground Conduits
16.03
16.03
Underground Conductors
68.48
995.42
Consumers Meters
573.27
286.93
Transformers
1,205.98
602.87
UTILIZATION
Operation of Municipal Street Lamps ...
$1,026.01
$175.26
Maintenance of Municipal Street Lamps
4,742.10
1,844.54
Maintenance of Consumers' Installation
2,081.49
315.97
TOWN OF NORWOOD
COMMERCIAL
$22,150.00
$1,300.00 . .
Salaries (Services by Other Departments) Advertising
1,176.93
$738.79
MISCELLANEOUS
Salary of Superintendent
$4,300.00
$300.00
Other General Department Salaries
2,161.72
298.78
Office Supplies and Expenses .
348.26
152.24
General Office Rents
1,800.00
Pensions
2,704.73
103.93
Insurance
1,080.51
348.27
Transportation
2,276.33
117.47
Inventory Adjustments
856.96
889.78
Maintenance of General Structures
1,340.99
$108.20
Depreciation .
41,966.11
831.95
Miscellaneous General Expense .
486.82
125.90
Total Operating Expenses
$355,212.83
$18,206.21
. .
REPORT OF TOWN ACCOUNTANT
271
.
.
.
.
272
TOWN OF NORWOOD
WATER DEPARTMENT
Cash Received at Office of Town Treasurer:
Water Rates
$92,241.31
Service and Materials
1,328.45
Telephone Tolls
2.35
Hydrants Repairs
129.60
Hydrant Rental
6,692.00
Sale of Water Veterans' Project
640.00
Water Liens added to 1947 Tax
404.00
Water Liens added to 1946 Tax
58.00
Balance 1946 Maintenance and Construction
6,498.48
$107,994.19
Disbursements
Maintenance and Operation
$51,027.62
Extension of Mains (Construction)
12,123.54
Service Charges from Other Departments
16,950.00
Debt and Interest Charges
3,275.00
Reserved Balance December 31, 1947
Appropriation for:
Extension of Mains (Construction)
15,029.69
Water Maintenance
1,169.15
Water Operation.
796.97
$100,371.97
Cash Returned to Town Treasury
7,622.22
$107,994.19
CEMETERY PERPETUAL CARE BEQUESTS 1947
Total of Bequests to January 1, 1947
$75,466.42
Received during year 1947:
Lot No.
Donor
1199 Angelo Masce
150.00
368 Zillah G. Fleming
150.00
2403
Antanina Pechulis.
125.00
763
Anne Henry
150.00
2333
Anna Bockanovitch and Amelia Dauksewicz.
125.00
290
A. F. Harkness
150.00
2277
Thomas O. Holman
125.00
2288
John B. Pennington
150.00
1422A
Mary A. Mohan
125.00
310
Alice L. Blanchard
125.00
1036
Thomas Mogan
200.00
1667
Michael Rusiecki
125.00
1581
Steve Kadaras
125.00
1252
Anthony F. Kneizys
150.00
1281
Patrick Tobin
150.00
273
REPORT OF TOWN ACCOUNTANT
2637
Michael O'Dea
$125.00
1638 Patrick Walsh and Dennis A. Ryan
125.00
1572 James B. Frazier 125.00
1658 Martin L. Foley
125.00
270
Hugo Adlerstam and Elmer Westgate
125.00
1191 Catherine Folan Estate
150.00
1258A Delia Barrett
125.00
Single Graves
3390 Amelia Kaminski 25.00
$78,516.42
CONTRIBUTORY RETIREMENT - 1947 Membership
Active membership, December 31, 1946: Group A - Male 99, Female 42. Group B - Male 32 Total 173
Enrolled during year: Group A - Male 9, Female 6 Group B - Male 1.
Withdrawals and transfers to Inactive: Group A - Male 6, Female 8. Group B - Male 4.
Retirements for Superannuation: Group A - Male 4, Female 2.
Active Membership December 31, 1947. Group A - Male 98, Female 38. Group B - Male 29. Total 165
Pensions
Inactive Membership, December 31, 1946: Group A - Male 26, Female 6. Group B - Male 8. Total 40
Transfers and retirements during year: Group A - Male 4, Female 2.
Deaths of Retired Members: Group A - Male 2, Female 1. Inactive Membership December 31, 1947 Total 43
Total Active and Inactive Membership on December 31, 1947: Group A - Male 126, Female 45. Group B - Male 37. Total 208
274
TOWN OF NORWOOD
CONTRIBUTORY RETIREMENT - 1947 Income
From Members:
Group A
$17,843.04
Group B
2,408.12
$20,251.16
From Town:
Appropriation as Contributors:
Pension Fund
$27,445.00
Administration Expenses
700.00
$28,145.00
From Interest:
On Bonds and Stocks
$5,175.00
On Deposits in Banks
278.38
$5,453.38
From Other Sources:
Sale of Bonds
$4,170.00
Annuities Paid
70.66
Investment Income
9.33
Ch. 419, Acts of 1943
1,199.29
$5,449.28
$59,298.82
Disbursements
Annuity Payments:
Group A.
$996.64
Group B.
1.80
$998.44
Pension Payments:
Group A
$18,225.66
Group B
986.62
$19,212 28
Refunds:
Deposits:
Group A
$5,526.54
Group B
169.65
$6,397.25
Investments.
30,181.25
Accrued Interest.
63.79
Administrative Expenses:
Salaries
$949.90
Refund Annuity Reserve
254.33
Printing and Stationery
28.31
Travel and Members Association Expense
62.35
Postage
18.94
$1,313.83
$58,166.84
275
REPORT OF TOWN ACCOUNTANT
Assets
Bonds at Book Value
$183,489.12
Deposits in Banks not at Interest
8,781.06
Deposits in Banks at Interest
13,545.00
Cooperative Shares at Book Value
8,000.00
$213,815.18
Liabilities
Annuity Savings Fund
$115,648.55
Annuity Reserve Fund
12,616.82
Special Fund for Military Service Credit
2,371.14
Pension Fund
82,421.16
Expense Fund
757.51
$213,815.18
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, 1947, 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, 1947 Retirement Fund
Interest Dates
Westchester Lighting 312s 1967 Nos. 8017-18.
J & J 1
2,000.00
U. S. Bonds Series G, V13129, May 1953
M & N 1
5,000.00
M70598, 599, 600, M73201, 202, May 1953
M & N 1
5,000.00
M226767, 768, 769, September 1953
M & S 1
3,000.00
X181352, X170194, May 1954
M & N 1
20,000.00
M740324, July 1954
J & J 1
1,000.00
X280180, X279703, April 1955
A & 01
20,000.00
M2 682 496, 497, 498, March 1956
M & S 1
3,000.00
X482 378 June 1956.
J & D 1
10,000.00
M3374 217, December 1956
J & D 1
1,000.00
M3374 218, December 1956
J & D 1
1,000.00
V575 516, June 1957
J & D. 1
5,000.00
X790 674, 675, June 1959
J & D 1
20,000.00
10 Pd. Up Shares Merrimac Co-op. Bank No. 1358. F, M, A & N 1
2,000.00
10 Pd. Up Shares Norwood Co-op. Bank No. 233 .. J, A, J, & O 1
2,000.00
10 Pd. Up Shares Hyannis Co-op Bank No. 1209 .. J, A, J & O 18
2,000.00
10 Pd. Up Shares Workingmens Co-op. Bank A15982 M, J, S & D 15
2,000.00
Dedham Savings No. 72229
M & N 10
4,000.00
276
TOWN OF NORWOOD
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
A & 0 1
2,500.00
Natick 5c Savings No. 59334
M & N 12
1,000.00
Newton Savings No. 85338 J & J 10
1,000.00
Atcheson, Topeka & Santa Fe 4s 1995 RB3166 A & 01
5,000.00
N. Y. Central & Hudson River 312s 1997 Reg. M8800, 1, 2, 3,4 J & J 1
5,000.00
Northern Pacific Prior Lien 4s 1997 Reg. 9654
J, A, J, O 1
10,000.00
N. Y. Central & Hudson River 312s 1997, Reg. M9463, 4, 5 J & J 1
3,000.00
N.Y. Central & Hudson River 312s 1997 Reg. X7509 J & J 1
10,000.00
Reading Co. 31gs 1995 63393-63407 incl.
M & N 1
15,000.00
Nashville, Chattanooga & St. Louis 3s 1986 Nos. 13594 to 13603 incl. F & A 1
10,000.00
Am. Tel & Tel. 234s 1980 87428-32 incl. 109982-86 incl.
F & A 1
5,000.00
F & A 1
5,000.00
42015-19 incl.
F & A 1
5,000.00
Am. Tel. & Tel. 25 gs 1986 J & J 1
10,000.00
38251-38265 incl. J & J 1
5,000.00
Warren H. Cudworth Fund
Dedham Savings No. 62375 M & N 10
500.00
High School English Prize Fund
278 Treasury Bonds 1955-60 199157H, 58J, 59K, 60L, 61A M & S 15
500.00
E. Florence Morse Library Fund
U. S. Bond Series G, D440133, October 1954 A & 01
500.00
Anna M. Day Fund
U. S. Bond Series G, V252070, April 1955
A & 01
5,000.00
William T. Whedon Fund
U. S. Bond Series G, D349400, August 1954 F & A 1 500.00
Harriet W. Lane Fund
U. S. Bonds Series G, D744212, May 1955 M & N 1 500.00
C1 472 468, 69 70, May 1955 M & N 1 300.00
$800.00
Electric Service Deposits
U. S. Bonds Series G, M69932, 33, 34, 35, May 1953 M & N 1 M160 068, MI802 844, July 1954 J & J 1
4,000.00
M2810 077, 078, May 1956 M &N 1
2,000.00
M3501 483, May 1957 M & N 1
1,000.00
Norfolk County Trust Co., Checking Account
400.00
2,000.00
$9,400.00
$205,545.00
277
REPORT OF TOWN ACCOUNTANT
Alice H. Plimpton Fund
U. S. Bonds Series G, M178, 138, 39, 40, 41, 42,
August 1953
F & A 1
5,000.00
M2 769 479, April 1956
A & 0 1
1,000.00
M2 806 226, 27, 28, 29, 31, April 1956
A & 0 1
5,000.00
$11,000.00
Post War Rehabilitation Fund
U. S. Bonds Series G, X278729, 30, 31, 32, 33, April 1955
A & 0 1
50,000.00
M2 807 709, May 1956
M & N 1
1,000.00
C2 736 532, C2 736 816, May 1956
M & N 1
200.00
D1 527, 366, October 1956
A & 01
500.00
C3 100 255, October 1956
A & 01
100.00
D1 822 645, May 1957
M & N 1
500.00
C3 487 836, 837, May 1957
M & N 1
200.00
U. S. Treasury Notes Series C, June 1, 1948 C470323, 24, 25, 26, 27
50,000.00
$102,500.00
Cemetery Perpetual Care Fund
27/8 Treasury Bonds 1955-60, 179, 298J, 277 430J . M & S 15 288 698J, 99K, 199 162B, 63C, 64D M & S 15
500.00
10 Pd. Up Shares Forest Hills Co-op. Bank No. 614 F, M, A & N 1
2,000.00
10 Pd. Up Shares Hyde Park Co-op. Bank No. 1776 M, J, S & D 1
2,000.00
U. S Bonds Series G
M178 143, August 1953
F & A 1
1,000.00
D57565, August 1953
F & A 1
500.00
V126 633, May 1954
M & N 1
5,000.00
M692 051, 052, May 1954
M & N 1
2,000.00
X279 701, April 1955
A & 01
10,000.00
V252 067, April 1955
A & 01
5,000.00
C231 737, April 1955
A & 01
100.00
M1 635 743, 44, 45, 46, April 1955
A & 01
4,000.00
D1 320 213, April 1956
A & O 1
500.00
M2 731 593, April 1956
A & 01
1,000.00
M2 988 147, June 1956
J & D 1
1,000.00
C2 829 358, 359, 360, June 1956
J & D 1
300.00
C3 161 643, 644, November 1956. .
M & N 1
200.00
M3 178 352, November 1956
M & N 1
1,000.00
M3 499 020, May 1957
M & N 1
1,000.00
D1 822 644, May 1957
M & N 1
500.00
C3 487 834, 835, May 1957
M &N 1
200.00
M4 166 577, November 1957
M & N 1
1,000.00
D2 100 144, November 1957
M & N 1
500.00
C3 908 904, 905, November 1957
M & N 1
200.00
M5 056 763, 764, 765, November 1958.
M & N 1
3,000.00
C4 447 665, 666, 667, November 1958
M & N 1
300.00
M5 637 759, 760, July 1959
J & J 1
2,000.00
Dedham Savings No. 70351
M & N 10
6,068.00
2,000.00
278
TOWN OF NORWOOD
Wildey Savings No. 169733
M & N 25
4,000.00
Brookline Savings No. 105782
J & J 20
1,000.00
Charlestown 5c Savings No. 227562
A & O 15
4,000.00
Boston 5c 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
$72,484.92
WALTER A. BLASENAK, Town Clerk and Accountant.
February 17, 1948.
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.
279
REPORT OF STATE AUDITORS
REPORT OF STATE AUDITORS
DEPARTMENT OF CORPORATIONS AND TAXATION
DIVISION OF ACCOUNTS Made in Accordance with the Provisions of Chapter 44, General Laws THE COMMONWEALTH OF MASSACHUSETTS Department of Corporations and Taxation Division of Accounts
State House, Boston March 5, 1948
To the Board of Selectmen,
Mr. Sture Nelson, Chairman, Norwood, Massachusetts.
Gentlemen:
I submit herewith my report of an audit of the books and accounts of the town of Norwood for the year ending December 31, 1947, 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,
FRANCIS X. LANG, Director of Accounts.
FXL:CAH/GPT
Mr. Francis X. Lang, 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 year ending December 31, 1947, and report thereon as follows:
The financial transactions, as shown on the books of the several departments receiving or disbursing money for the town or committing bills for collection, were examined and checked with the records in the offices of the town accountant and the town treasurer.
The books and accounts in the office of the town accountant were examined and checked in detail. The recorded receipts were compared with the records of the several departments collecting money for the town or committing bills for collection and with the town treasurer's books. The records of disbursements were checked with the town treasurer's books and with the treasury warrants approved by the selectmen.
280
TOWN OF NORWOOD
The general and appropriation ledgers were analyzed, the appropriations as recorded were checked to the town clerk's records of financial votes passed at town meetings, and the transfers from the reserve fund were compared with the finance committee's authorizations for such transfers. A balance sheet, which is appended to this report, was prepared showing the financial condition of the town on December 31. 1947.
The books and accounts of the town treasurer were examined and checked. The recorded receipts were compared with the town accountant's books, with the records in the various departments in which money was collected for the town, and with other sources from which money was paid into the town treasury. The disbursements were checked with the town accountant's books and with the warrants authorizing the treasurer to disburse town funds.
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