USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1960-1962 > Part 51
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306.98
2,698.47
.00
2,698.47
Construction of Swimming Pool Fr. McAleer Playground
.00
2,698.47
305.33
.00
305.33
Enclosing Culverts Codman Road
.00
305.33
100.00
00
100.00
Testimonial to George F. Willett
00
100.00
100.00
.00
100.00
Expense of Petition to Change Sec. 9 of
.00
100.00
Town Charter
200.00
200.00
Inspector of Animals Salary
200.00
00
114.64
114.64
Committee on Town Charter
114.64
181.79
181.79
Committee of Seven to Study Disposition of Veterans Memorial Building Fund
100.00
81.79
2,461.85
2,461.85
Unpaid Bills Prior to 12/31/60
2,440.85
21.00
2,500.00
2,500.00
Special Legal Counsel-Buckmaster Pond
2,500.00
00
300,000.00
300,000.00
Stabilization Fund
300,000.00
00
1,155.95
1,155.95
Reserve Fund
.00
1,155.95
2,605.34
75,000.00
77,605.34
Snow and Ice Removal
84,095.49
6,490.15
$498,240.91
6,545,164.32
7,043,405.23
6,197,421.81
852,473.57
6,490.15
REPORT OF TOWN ACCOUNTANT
357
9,072.00 62,197.66
OTHER OPERATING ACCOUNTS
Taxation and Unexpended Available
Transfers
Balance
Funds
Total
Accounts
Payments
Balance
5,498.60
4,618.48
25,700.00
35,817.08
Garage Maintenance and Operation
22,508.72
7,809.76
Workmens Compensation
18,862.91
213.96
Free Cash Investment
1,795,360.56
Investment
9,500.00
Stabilization Fund
19,909.73
Agency
817,946.27
Refunds
45,416.32
Trusts
7,148.13
Cudworth Fund
50.64
Income High School English Prize Fund
18.76
Income Plimpton Fund
209.73
George Barden Fund
3,978.93
Harriet W. Lane Fund
30.00
Court Judgements
2,370.00
Purchase Savings Bonds
5,932.50
H. O. Peabody Income
26,486.16
Refund Guarantee Deposits On Specifications
30.00
Estimated Receipts
90.45
Approved Land Damage Awards
1,189.26
5,498.60
4,618.48
44,776.87
54,893.95
2,777,039.07
8,023.72
TOWN OF NORWOOD
358
19,076.87
19,076.87
NON REVENUE APPROPRIATIONS
Unexpended
Taxation and Available
Balance
Funds
Total
Accounts
Payments
Balance
3,929.89
3,929.89
Drain Construction Borrowed
.00
3,929.89
3,031.69
3,031.69
Sewer Construction Borrowed
.00
3,031.69
160,000.00
160,000.00
Remodeling Senior High School Borrowed
23,886.80
136,113.20
905,600.40
905,600.40
Construction Senior High School Addition Borr.
535,036.86
370,563.54
1,951.93
1,951.93
Construction Elementary School Neponset St. Borr.
1,900.00
51.93
76.05
76.05
Construction Elementary School Nichols St. Borr.
76.05
.00
74,527.42
74,527.42
Light Construction - Borrowed
43,510.79
31,016.63
20,069.12
20,069.12
Water Construction - Standpipe - Borrowed
.00
20,069.12
34,109.11
34,109.11
Water Construction - Mains - Borrowed
16,147.99
17,961.12
8.223.75
8,223.75
Water Construction - Borrowed
4,291.82
3,931.93
1,211,519.36
1,211,519.36
624,850.31
586,669.05
REPORT OF TOWN ACCOUNTANT
359
360
TOWN OF NORWOOD BALANCE SHEET DECEMBER 31, 1961
Assets
Liabilities and Reserves
Cash :
Employee's Payroll Deductions :
In Banks and Office
1,209,699.77
Federal Taxes
36,830.84
Cash Invested 1,000,000.00
State Taxes
8,164.11
Cash Invested-Interceptor
Purchase of Savings Bonds 755.75
45,750.70
Guarantee Deposits:
Plans
125.00
Sewer
31,423.10
Street
650.00
Accounts Receivable :
Taxes
Levy of 1959
Poll
48.00
Service Connections
1,877.63
Levy of 1960
Water
26,946.51
Poll
104.00
Personal Property
476.51
Dog Licenses-Due County
55.50
Sporting Licenses-Due State
568.00
Tailings-Unclaimed Checks
680.64
Poll
544.00
Land Damage Checks-Unclaimed
1,954.75
Personal Property
4,922.68
Real Estate
60,292.88
Gifts and Bequests: Chickering Gift for Library Books
57.30
66,580.07
Cemetery Perpetual Care Bequests
200.00
Motor Vehicle and Trailer Excise : Levy of 1958 5.01
Trust Fund Income: School Funds
257.30
TOWN OF NORWOOD
70,274.74
Real Estate
192.00
Levy of 1961
Municipal Light:
Consumers
8,452.00
Sidewalk
800.50
Sewer-Norwood's Share . .. 91,459.04
Cash Invested-Interceptor
Sewer-Walpole's Share ... 57,658.96
2,358,817.77
. .
BALANCE SHEET - Continued
Levy of 1959
713.90
Levy of 1960
7,259.76
Levy of 1961
144,189.19
Henry O. Peabody School for Girls
47,903.03
152,167.86
High School English Prize Fund Library Funds :
10.00
Special Assessments:
Warren H. Cudworth
121.71
Sewer 1961
141.19
E. Florence Morse
133.15
Committed Interest 1961
20.84
Alice H. Plimpton
3,630.74
Unapportioned Street Better-
William T. Whedon
122.77
ment Assessments
1,984.78
Unapportioned Sewer
Assessments
59,736.66
Perpetual Care
44,904.25
Investment Fund:
Post-War Rehabilitation 58.38
Tax Titles and Possessions:
Tax Titles
11,151.54
Tax Possessions
7,664.66
18,816.20
Interest on Investment of Interceptor Sewer Funds-Walpole 328.86
Departmental:
Town Property Rentals
1,678.78
Permanent Sidewalks
55.65
Parking Meters
12.88
Cemetery Care of Lots
Federal Grants:
and Graves
5,872.50
General Government
4,150.73
Health
1,063.50
Assistance
1,710.26
REPORT OF TOWN ACCOUNTANT
Interest on Investment of Interceptor Sewer Funds-Norwood
521.64
Recoveries :
Aid to Dependent Children
2,977.40
Old Age Assistance 1,374.61
4,352.01
Disability Assistance Administration 1,465.21
361
Cemetery Funds : Anna M. Day
372.80
61,883.47
Harriet W. Lane 79.40
97,336.23
BALANCE SHEET - Continued
Assets
Liabilities and Reserves
Highways
1,390.69
Police
5,165.20
Sanitation
1,265.57
Aid
5,255.56
Parks and Playground
65.00
Schools
7,991.16
Welfare
1,603.62
Old Age Assistance
1,455.01
Veterans Services
1,693.44
33,463.73
Municipal Light:
Rates
99,357.24
Miscellaneous
6,808.72
106,165.96
Water Department:
Revolving Funds :
Liens Added to Taxes
School Lunch
12,315.36
Levy of 1960
27.65
Levy of 1961
598.45
Rates
67,413.75
Miscellaneous
2,589.98
70,629.83
Non-Revenue
586,669.05
Loans Authorized and Unissued
50,000.00
Sale of Real Estate Fund
2,140.00
County
7,896.99
Sale of Cemetery Lots & Graves Fund
23,079.37
21,226.56
Workmen's Compensation Fund . ...
213.96
TOWN OF NORWOOD
15,155.17
Appropriation Balances:
Revenue
674,953.56
Aid to Highways:
State
13,329.57
Aid to Dependent Children
Administration
7,053.09
Old Age Assistance
Administration
230.44
Assistance
36,853.44
Medical Assistance for the Aged
Administration
2,454.11
Assistance
20,855.85
Smith Hughes and George Barden Fund
13,660.77
School-Nat'l. Defense Educa .-
Public Law 85-864
3,547.91
93,086.64
School Athletics
2,839.81
362
BALANCE SHEET - Continued
Loans Authorized : Norwood-Walpole Interceptor Sewer
50,000.00
Receipts Reserved for Appropriation : Parking Meter 45,364.78
Highways-Chapter 718 Acts of 1956 19,946.24
Unprovided for Accounts:
Court Judgements-Sec. 31,
Reserve Fund-Overlay Surplus
Overlays Reserved for Abatements:
Levy of 1958
278.60
Awards
1,189.26
Levy of 1959
1,795.07
Levy of 1960
7,570.17
Levy of 1961
16,975.96
Underestimates 1961:
26,619.80
Revenue Reserved until Collected:
Motor Vehicle & Trailer Excise
152,167.86
Special Assessments
61,883.47
Tax Title and Tax Possessions
18,816.20
Departmental
33,463.73
Municipal Light
106,165.96
Water
70,629.83
Aid to Highways
21,226.56
464,353.61
Interest Electric Light Consumers Deposits
933.00
Overestimates : State Parks Assessment 1961
1,263.73
Surplus Revenue
717,169.29
$2,948,214.96
$2,948,214.96
363
REPORT OF TOWN ACCOUNTANT
County Tax
1,595.45
Metropolitan Sewer
5,178.80
6,774.25
65,311.02 5,186.39
Chapter 44 G.L. 500.00
Approved Land Damage
1,689.26
DEFERRED REVENUE ACCOUNTS
Apportioned Sewer Assessments Not Due $13,241.84
Apportioned Sewer Assessment Revenue:
Due in 1962
$3,079.69
Due in 1963
2,682.53
Due in 1964
2,682.50
Due in 1965
2,682.41
Due in 1966
1,057.36
Due in 1967
1,057.35
$13,241.84
$13,241.84
DEBT ACCOUNTS
Net Funded or Fixed Debt:
Inside Debt Limit: General
1,646,000.00
Serial Loans : Inside Debt Limit: General:
Outside Debt Limit:
Street
23,000.00
General
990,000.00
Sewer
10,000.00
Public Service
School
1,493,000.00
Enterprises
509,000.00
School Remodeling
120,000.00
1,499,000.00
1,646,000.00
Outside Debt Limit:
General:
School
990,000.00
Public Service Enterprises : Municipal Light 137,000.00
Water
372,000.00
1,499,000.00
$3,145,000.00
$3,145,000.00
364
TOWN OF NORWOOD
TRUST, INVESTMENT AND RETIREMENT ACCOUNTS
Trust, Investment and Retirement Funds: Cash and Securities
Cemetery Perpetual Care Funds
108,534.92
Anna M. Day Fund
5,000.00
In Custody of Town Treasurer 1,542,609.44
High School English Prize Fund
500.00
In Custody of Trustees
933,514.13
Warren H. Cudworth Fund
500.00
Alice H. Plimpton Fund
11,000.00
Municipal Light Consumers Deposit Fund
51,400.00
E. Florence Morse Fund
500.00
William T. Whedon Fund
500.00
Harriet W. Lane Fund
800.00
Henry O. Peabody Fund
933,514.13
Post War Rehabilitation Fund
336.95
Stabilization Fund
569,909.73
Municipal Contributory Retirement Fund
793,627.84
$2,476,123.57
$2,476,123.57
REPORT OF TOWN ACCOUNTANT
365
366
TOWN OF NORWOOD
TRIAL BALANCE December 31, 1961
Debits
Credits
Cash
$1,209,699.77
Cash Invested
1,000,000.00
Cash Invested Interceptor Sewer Norwood's
Share
91,459.04
Cash Invested Interceptor Sewer - Walpole's
Share
57,658.96
Poll Taxes 1959
48.00
Poll Taxes 1960
104.00
Poll Taxes 1961
544.00
Personal Property Tax 1960
476.51
Personal Property Tax 1961
4,922.68
Real Property Taxes 1960
192.00
Real Property Taxes 1961
60,292.88
Motor Vehicle Excise Tax 1958
5.01
Motor Vehicle Excise Tax 1959
713.90
Motor Vehicle Excise Tax 1960
7,259.76
Motor Vehicle Excise Tax 1961
144,189.19
Sewer Assessments 1961
141.19
Committed Interest 1961
20,84
Water Liens Added to 1960 Taxes
27.65
Water Liens Added to 1961 Taxes
598.45
Unapportioned Street Betterment Assessments
1,984.78
Unapportioned Sewer Assessments
59,736.66
Tax Titles
11,151.54
Tax Title Possessions
7,664.66
Accounts Receivable :
Real Estate
1,678.78
State Aid to Highways
13,329.57
County Aid to Highways
7,896.99
Sidewalks
55.65
Parking Meters
12.88
Cemetery-Care of Lots
5,872.50
General Government
4,150.73
Health
1,063.50
Highway
1,390.69
Police
5,165.20
Sanitation
1,265.57
Parks and Playgrounds
65.00
Schools
7,991.16
Welfare
1,603.62
Old Age Assistance
1,455.01
Electric Light Rates
99,357.24
Electric Light Accounts Receivable
6,808.72
Water Rates
67,413.75
REPORT OF TOWN ACCOUNTANT
367
TRIAL BALANCE - Continued
Debits Credits
Water Accounts Receivable
2,589.98
Veteran Services
1,693.44
Revenue Appropriations
674,953.56
Withholding Taxes-State
8,164.11
Withholding Taxes-Federal
36,830.84
Bond Deductions
755.75
Parking Meter Receipts
45,364.78
Superior Court Judgement
500.00
Approved Land Damage Awards
1,189.26
Fed. Grant-Aid to Dependent Children Admin.
7,053.09
Federal Grant-Aid to Dependent Children
5,255.56
Federal Grant-Old Age Assistance Admin.
230.44
Federal Grant-Old Age Assistance
36,853.44
Fed. Grant-Medical Assistance for Aged Admin.
2,454.11
Federal Grant-Disability Assistance Admin.
1,465.21
Federal Grant-Medical Aid for Aged
20,855.85
Federal Grant-Disability Assistance
1,710.26
Smith Hughes Fund
13,660.77
Schools Special Lunch Counter Fund
12,315.36
Schools Athletic Fund
2,839.81
Schools National Defense Education
3,547.91
Workmens Compensation Fund
213.96
Highway Bond Issue Chapter 718
19,946.24
Loans Authorized
50,000.00
Loans Authorized and Unissued
50,000.00
Guarantee Deposits :
Electric Light Consumers
8,452.00
Electric Light Connections
1,877.63
Dog Licenses
55.00
Sewer Connections
31,423.10
Sporting Licenses
568.00
Water Connections
26,946.51
Highways
650.00
Specifications Forms
125.00
Sidewalks
800.50
Aid to Dependent Children Recovery Account . .
2,977.40
Old Age Assistance Recovery Account
1,374.61
Sale of Real Estate Funds
2,140.00
Interest on Consumer Deposits
933.00
Tailings
680.64
Land Damage Checks Unclaimed
1,954.75
Cemetery Perpetual Care Bequests
200.00
Interest on Investment Sewer Funds-Norwood
521.64
Interest on Investment Sewer Funds-Walpole
328.86
Harriet W. Lane Fund Income
79.40
368
TOWN OF NORWOOD
TRIAL BALANCE - Continued
Debits Credits
Cemetery Perpetual Care Fund Income
44,904.25
Anna M. Day Fund Income
372.80
Chickering Fund Income
57.30
Warren H. Cudworth Fund Income
121.71
Alice H. Plimpton Fund Income
3,630.74
E. Florence Morse Fund Income
133.15
William T. Whedon Fund Income
122.77
High School English Fund Income
10.00
Henry O. Peabody Fund Income
47,903.03
Post War Rehabilitation Fund Income
58.38
County Tax 1961
1,595.45
State Parks Assessments 1961
1,263.73
Metropolitan Sewer Assessment 1961
5,178.80
Non Revenue Appropriations
586,669.05
Cemetery Available Funds
23,079.37
Reserve Fund Overlay
5,186.39
Overlay 1958
278.60
Overlay 1959
1,795.07
Overlay 1960
7,570.17
Overlay 1961
16,975.96
Revenue Reserved Until Collected:
Departmental
33,463.73
Motor Vehicle Revenue
152,167.86
Special Assessments Revenue
61,883.47
Tax Title Revenue
11,151.54
Tax Title Possessions Revenue
7,664.66
Electric Light Revenue
106,165.96
Water Revenue
70,629.83
21,226.56
State and County Aid to Highway Revenue . Excess and Deficiency
717,169.29
Deferred Assessments:
Apportioned Sewer Assessments not Due
13,241.84
Sewer Assessments Due in 1962
3,079.69
Sewer Assessments Due in 1963
2,682.53
Sewer Assessments Due in 1964
2,682.50
Sewer Assessments Due in 1965
2,682.41
Sewer Assessments Due in 1966 Sewer Assessments Due in 1967
1,057.35
Net Bonded Debt-Outside Limit
1,499,000.00
Net Bonded Debt-Inside Limit
1,646,000.00
Schools Loan-Inside
1,493,000.00
Highway Loans-Inside
23,000.00
Sewer Loans-Inside
10,000.00
School Remodeling Loans-Inside
120,000.00
1,057.36
369
REPORT OF TOWN ACCOUNTANT
TRIAL BALANCE - Continued
Debits Credits
Electric Light Loans-Outside
137,000.00
School Loans-Outside
990,000.00
Water Loans-Outside
372,000 00
Trust and Investment Funds
1,682,495.73
Cemetery Perpetual Care Fund
108,534.92
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 Electric Light Deposit Fund
51,400.00
E. Florence Morse Fund
500.00
William T. Whedon Fund
500.00
Harriet W. Lane Fund
800.00
Post War Rehabilitation Fund
336.95
Henry O. Peabody Fund
933,514.13
Stabilization Fund
569,909.73
$7,788,952.53
$7,788,952.53
370
TOWN OF NORWOOD
CEMETERY PERPETUAL CARE BEQUESTS - 1961
Total of Bequests to January 1, 1961
$113,991.42 Received during the year 1961:
Lot No. Donor
2839 Rose Harrington
$125.00
699A John A. Abdallah
700.00
1392
Stanley and Annie Alukonis 125.00
2840
Bertha Dervan
125.00
349
Edwin D. Smith, Jr.
200.00
286
Estate of Isabelle Loring
125.00
675
Elinor Schell
150.00
2312
Eva H. Ellis
125.00
1372
Joseph Magnani
125.00
1777
Stanley Alukonis and Benedict Volente
125.00
2418
Claes P. Johnson
125.00
1731
Mary A. Nelligan
125.00
1041
Roger J. Connolly
150.00
1283
Michael Hayes
150.00
67
Viola B. White
200.00
1812
Anna Connolly
125.00
2391
Sara J. MacDowell
125.00
1670
Estate of Edward J. Kehoe
125.00
318
Robert B. Harkness
150.00
Single Graves
2161 )
Lawrence A. Coletta
50.00
2162 )
2136 )
Petrey Babravicius
50.00
2137 )
2138
Constance Babravicius
25.00
3684 )
Clara B. Kundert
50.00
3685 )
1752 )
Margaret E. Higgins
50.00
1753 )
3645
Charles F. Wheatley 25.00
$117,441.42
CONTRIBUTORY RETIREMENT - 1961 Membership
Active membership Dec. 31, 1960: Group A-Male 122, Female 64 Group B-Male 77 Enrolled during 1961:
Total 263
371
REPORT OF TOWN ACCOUNTANT
Group A-Male 4, Female 6 Group B-Male 2 Withdrawals, Deaths, Retirements: Group A-Male 8, Female 7 Group B-Male 2 Active membership Dec. 31, 1961: Group A-Male 118, Female 63
Total
12
Total
17
Group B-Male 77 Total 258
Pensions
Inactive membership Dec. 31, 1960: Group A-Male 25, Female 6 Group B-Male 3
Total 34
Retirements during 1961:
Group A-Male 3, Female 2 Group B-Male 1
Total
6
Deaths during 1961: Group A-Male 2
Total
2
Inactive membership Dec. 31, 1961:
Group A-Male 26, Female S
Group B-Male 4
Total 38
Beneficiaries on Dec. 31, 1961
Total 8
Income
From Members:
Group A
$37,474.57
Group B
22,732.43
$60,307.00
From Town:
Appropriation to Pension Fund
60,197.66
Administration Expenses
2,000.00
62,197.66
From Interest: On Bonds
22,884.30
On Deposits in Banks
6,362.19
29,246.49
From Sale of Investments
34,775.00
$186,426.15
Disbursements
Annuity Payments :
Group A
$7,210.19
Group B
772.08
$7,982.27
Pension Payments :
Group A
57,732.18
Group B
12,488.52
70,220.70
Refunds:
Group A
10,745.03
Group B
3,514.00
Payments to Beneficiaries
722.75
14,981.78
Investments :
96,604.90
372
TOWN OF NORWOOD
Administrative Expense:
Personal Services
1,910.86
Medical fees
185.00
Printing, Postage, Stationery
86.35
Travel, Members Assoc. expense
339.87
Safe deposit rental
40.00
2,562.08
$192,351.73
Assets
Bonds at Book Value
$451,714.14
Cooperative Shares at Book Value
132,000.00
Deposits in Banks NOT at interest
1,478.03
Deposits in Banks AT interest
204,045.00
Interest due and accrued Dec. 31, 1961
4,390.67
$793,627.84
Liabilities
Annuity Savings Fund
$576,610.58
Annuity Reserve Fund
94,576.51
Special Fund for Military Credit
4,628.48
Pension Fund
115,723.15
Expense Fund
2,089.12
$793,627.84
TRUST FUND SECURITIES
January 1, 1962
Post War Rehabilitation Fund
Union Savings Bank No. 5269 A & O 20 $336.95
High School English Prize Fund
Union Savings Bank No. 5140 A & O 20
500.00
E. Florence Morse Library Fund
Union Savings Bank No. 4527
A & O 20
500.00
Anna M. Day Fund
Union Savings Bank No. 5268
A & O 20
5,000.00
William T. Whedon Fund
Union Savings Bank No. 4428 A & O 20 500.00
373
REPORT OF TOWN ACCOUNTANT
Electric Service Deposit Fund
U.S. Bonds Series G:
M 7 345 567, 568 Dec. 1961
J & D 1
2,000.00
M 7 780 318G, 319G Oct. 1962
A & 01
2,000.00
Unior Savings Bank No. 1719
A & O 20
26,000.00
Dedham Institution for Savings No. 98787
M & N1
16,400.00
U.S. Bonds Series H:
M #3 955 158H Dec. 1969
J & D 1
1,000.00
M 7 035 582H, 583H Dec. 1969
J & D 1
2,000.00
M 7 595 363H, 364H Jan. 1971
J & D 1
2,000.00
$51,400.00
Warren H. Cudworth Fund
Dedham Inst. for Savings No. 62375 M & N 1 500.00
Alice H. Plimpton Fund
Union Savings Bank No. 3682
A & O 20
11,000.00
Harriet W. Lane Fund
Union Savings Bank No. 5372
A & O 20
800.00
Cemetery Trust Fund (Perpetual Care)
Co-op. Bank Paid Up Shares:
10 Forest Hill No. 614
FMA&N1
2,000.00
10 Hyde Park No. 1776
MJS& D1
2,000.00
U.S. Bonds Series G:
M 7 345 569, 570 Dec. 1961
J & D 1
2,000.00
D 3 267 504 Dec. 1961
J & D 1
500.00
C 5 733 699, 700, 701 Dec 1961
J & D 1
300.00
M 7 780 316, 317 Oct. 1962
A & 0 1
2,000.00
U.S. Bonds Series H:
M 7 035 584H, 585H, 595H Dec. 1969
J & D 1
3,000.00
M 7 174 261H, M 7 222 339H Mar. 1970
A & 01
2,000.00
M 7 555 735H, 736H, 737H Dec. 1970
J & D
3,000.00
374
TOWN OF NORWOOD
Savings Bank Accounts
Dedham Inst. for Savings No. 70351
M & N 1
16,293.00
Wildey Saving Bank No. 169733
M & N 25
6,500.00
Brookline Savings Bank No. 105782
J & J 20
1,450.00
Charlestown Savings Bank No. 227562
JAJO 15
11,000.00
Boston 5c Savings Bank No. 1147096
A & O 15
10,000.00
Franklin Savings Bank No. 199149
A & O 20
10,000.00
Boston Penny Savings Bank No. 235356
A & O 12
4,616.92
Union Savings Bank No. 1718
A & O 20
17,375.00
Natick Five Cents Savings Bank No. 73059
M & N 1
14,500.00
$108,534.92
Stabilization Fund
Union Savings Bank No. 10338
A & O 20
115,000.00
Dedham Inst. for Savings No. 108014
M & N 1
16,167.18
Weymouth Savings Bank No. 53890
M & S
60,000.00
Newton Savings Bank No. 115047
J & J 10
71,747.58
Provident Inst. for Savings No. 829997
JAJO
50,000.00
Cambridge Savings Bank Nos. 207330-207331- 207332
JAJO
150,000.00
So. Boston Savings Bank No. 225049
25,000.00
Warren Inst. for Savings No. 178548
50,000.00
Malden Savings Bank No. 244186
25,000.00
Bay State Federal Savings & Loan No. 31616
6,994.97
$569,909.73
RETIREMENT FUND SECURITIES
January 1, 1962
Co-operative Bank Paid up Shares .
10 Norwood Co-op. No. 233
JAJ&01
$2,000.00
50 Norwood Co-op. No. 3159
JAJ&01
10,000.00
20 Norwood Co-op. No. 6440
JAJ&01
4,000.00
10 Hyannis Co-op. No.1209
JAJ &O18
2,000.00
20 Hyannis Co-op. No. 3350
JA J & 018
4,000.00
20 Hyannis Co-op. No. 5200
JA J & O18
4,000.00
30 Hyannis Co-op. No. 3925
JAJ & 018
6,000.00
30 Walpole Co-op. No. 1279
M JS & D 15
6,000.00
20 Walpole Co-op. No. 1720
JJ S & D 15
4,000.00
20 Middleborough Co-op. No. 6020
F MA & N 15
4,000.00
40 Middleborough Co-op. No. 8702
FM A & N 15
8,000.00
10 Mattapan Co-op. No. 5733
M JS & D 15
2,000.00
40 Needham Co-op. No. 5117
M & N 10
8,000.00
40 Needham Co-op. No. 7337
M & N 10
8,000.00
375
REPORT OF TOWN ACCOUNTANT
10 Stoneham Co-op. No. 2589
M & N 10
2,000.00
5 Marblehead Co-op. No. 142
M & N 10
1,000.00
25 Marblehead Co-op. No. 637
M & N 10
5,000.00
20 Orange Co-op. No. P565
J & J 25
4,000.00
40 Concord Co-op. No. 3624
MJS &D1
8,000.00
40 Concord Co-op. No. 3639
MJS & D1
8,000.00
40 Newton Co-op. No. 5892
MJS & D1
8,000.00
40 Saugus Co-op. No. 1086
M & N 15
8,000.00
80 Westfield Co-op. No. 5413
J & D 15
16,000.00
$132,000.00
Savings Bank Accounts
Dedham Inst. for Savings No. 72229
M & N 1
$49,000.00
Danvers Savings Bank No. 6994
A & 0 1
10,000.00
Bass River Savings Bank No. 17170
A & 01
10,000.00
Uxbridge Savings Bank No. 34490
J & J 1
5,000.00
Abington Savings Bank No. 39371
A & 05
2,000.00
Union Savings Bank No. 3681
A & O 20
118,045.00
Ware Savings Bank No. 83111
J & J 1
10,000.00
U. S. Savings Bonds Series G
X1 176 389, May 1962
M & N 1
$10,000.00
U. S. Bonds Series H
July 1968
J & J 1
5,000.00
Bonds
Westchester Lighting Co. 31/2% 1967 8017-18 . .
J & J 1
$2,000.00
Atchison, Topeka & Santa Fe 4 1995 RB 3166 . .
A & 01
5,000.00
N.Y. Central & Hudson River 312 1997 X7 509 . .
J & J 1
10,000.00
MS 800, 1, 2, 3, 4, M9 463, 4, 5
8,000.00
Northern Pacific Prior Lien 4 1997 Reg. 9654 . .
JAJO
10,000.00
Reading Co. 31/8 1995 63393-407 incl.
M & N 1
15,000.00
Nashville, Chattanooga, & St. Louis 3 1986 13594-13603 incl.
F & A 1
10,000.00
Am. Tel. & Tel. Co. 234 1980 Rx234
F & A1
10,000.00
Am. Tel. & Tel. Co. 234 1980 Rv41
F & A 1
5,000.00
Am. Tel. & Tel. Co. 25/8 1986 Rx110
J & J 1
10,000.00
Am. Tel. & Tel. Co. 25/8 1986 Rv30
J & J 1
5,000.00
Am. Tel. & Tel. Co. 27/8 1987 4-563 4-562 48-408 41-742 42086
J & D 1
5,000.00
New Eng. Tel. 3 1974 27852-856 inc.
M & S 15
5,000.00
Narragansett Electric Co. 3% 1974 21391-395 inc.
M & S1
5,000.00
Montana Power Co. 27/8 1975 2707-11 incl.
A & 0 1
5,000.00
Ohio Power Co. 3 1978 29256-260 incl.
A & 0 1
5,000.00
$204,045.00
376
TOWN OF NORWOOD
Consolidated Edison of N.Y. 35/8 1986 23878-882 M & N 1
5,000.00
California Electric Power Co. 41/2 1986 M 1793, 94, 95, 96, 97
A & 01
5,000.00
Cincinatti Gas & Electric Co. 41/8 1987 M 17363, 365, M9098 to 9105 incl.
M & N1
10,000.00
General Electric Co. 31/2 1976 216501 to 510 incl. Commonwealth Edison Co. 31/2 1986 M 16109 to 118 incl.
J & D 1
10,000.00
New York Tel. & Tel. Co. 41/2 1991 34-506 to 510 incl.
M & N
5,000.00
New York Tel. & Tel. Co. 41/2 Series J 1991 61- 391 to 395, 61-696 to 700
M & N 1
10,000.00
Chesapeake & Potomac Tel. Co. 41/8 1993 17073 to 17082
J & D 1
10,000.00
Duquense Light Co. 334 1988 M7564 to 7568
A & 0 1
5,000.00
Bell Tel. Co. of Penna. 3 314 1989 20680 to 20689 New York Tel. Co. 41/8 1993 48500 to 48509
F& A 1
10,000.00
Mountain States Tel. & Tel. Co. 43/8 1988 6-925 to 6-934
F & A 1
10,000.00
Philadelphia Electric Co. 43/8 1986 (6893-6902) Central Illinois Pub. Serv. Co. 434 1989 10044- 10050 & 4702-4704
J & J 1
10,000.00
Bell Tel. Co. of Penna. 334 1989 M 47879-M47888 So. California Edison Co. 414 1982 17883-17887
F & A 1
10,000.00
Illinois Bell Tel. Co. 43/8 1994 47690-47699
M & A 1
10,000.00
Consolidated Edison 4 1988 24111-24115
J & D 1
5,000.00
Wisconsin Tel. Co. 412 1992 16-469 to 472 16-443, 444, 8-976 to 979
J & J 1
10,000.00
10 Cleveland Electric Illuminating Co. 438 1994 M8656-8660, M20111-20114-20120
A & 01
10,000.00
10 Pacific Gas & Electric Co. Series EE 1991 5% Commonwealth Edison Co. 414 1987 M 44061 to 44065
M & S 1
5,000.00
Carolina Power & Light Co. 1'st Mtge. Bonds 47/8 due 1990 #14846 thru 14855
A & 01
10,000.00
Metropolitan Edison Co. 1'st Mtge. Bonds 5% due 1990 M6055 thru M6064
10,000.00
U.S. Treasury Notes, Feb. 1962 #16835, 836
F & A 1
20,000.00
U.S. Treas. Bonds 414 due May 15, 1985 #7487H and 7488J
F & A 1
20,000.00
U.S. Treas. Bonds 37/8 due 1974 #12097 & 12098
20,000.00
M & N 1
10,000.00
Delaware Power & Light Co. 37/8 1988 M3341 to 3345
J & D 1
5,000.00
J & J 1
10,000.00
J & D 1
10,000.00
F & A 15
5,000.00
J & D 1
10,000.00
377
REPORT OF TOWN ACCOUNTANT
American Tel. & Tel. 43/8 Debent. due Apr. 1, 1985 #18068 thru 18-077 A & O
10,000.00
The Cleveland Electric Illuminating Co. 1'st Mtge. Bonds 3% due July 1, 1970 #5593 thru 5597 & 11267 thru 11271 J & J
10,000.00
United States Steel Corp. 412% Sinking Fund Debent. due 1986 #158907 thru 158916 A & O 10,000.00 . So. Bell Tel. & Tel. 43/8 Debent. due Mar. 1, 1998 #16-181 thru 16-185 5,000.00
American Tel. & Tel. 234 Debent. due Oct. 1, 1975 #6-713, 9-528, 9-529, 79-492, 7568, 7- 569, 31-584, 31-585, 94-368, 51-451 A & O
10,000.00
American Tel. & Tel. Debent. 434 June 1, 1998 SCA #182-841 thru 182-850 10,000.00
$440,000.00
Grand Total
$786,045.00
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, 1961, 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.
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