Norwood annual report 1945-1947, Part 63

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


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1945-1947 > Part 63


Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).


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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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