Norwood annual report 1960-1962, Part 79

Author: Norwood (Mass.)
Publication date: 1960
Publisher: The Town
Number of Pages: 1256


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1960-1962 > Part 79


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34G-1 Eugene A. Nelson


391


REPORT OF TOWN ACCOUNTANT


Pensions


Inactive Membership Dec. 31, 1961: Group A .- Male 26, Female 8 Group B-Male 4


Total 38


Retirements during 1962: Group A-Male 2, Female 3


Total 5


Deaths during 1962: Group A-Male 1


Total


1


Inactive Membership Dec. 31, 1962:


Group A-Male 27, Female 11


Group B-Male 4


Total


42


Beneficiaries on Dec. 31, 1962


Total 9


Income


From Members:


Group A


$38,992.07


Group B


24,023.36


$63,015.43


From Town:


Appropriation to Pension Fund


61,166.00


Administration Expense


2,500.00


Workmen's Compensation


945.19


Town of Saugus


1,450.31


66,061.50


From Interest:


On Bonds


23,171.35


On Deposits in Banks


8,121.84


31,293.19


From Sale of Investments


30,000.00


$190,370.12


Disbursements


Annuity Payments :


Group A


$8,282.98


Group B


785.04


$9,068.02


Pension Payments :


Group A


63,898.14


Group B


13,241.76


77,139.90


Refunds :


Group A


9,429.81


Group B


4,593.33


14,023.14


Accidental Death Payment


4,776.18


Town of Saugus


1,450.31


Investments


85,696.53


$192,154.08


392


TOWN OF NORWOOD


Administrative Expense:


Personal Services


$1,912.37


Medical Fees


175.00


Printing, Postage, Stationery


98.35


Travel, Members Assoc. Expense


313.80


Safe Deposit Rental


40.00


$2,539.52


Assets


Bonds at Book Value


$442,291.32


Cooperative Shares at Book Value


152,000.00


Deposits in Banks NOT at Interest


6,606.24


Deposist in Banks AT Interest


244,045.00


Interest Due and Accrued Dec. 31, 1962


4,234.54


$849,177.10


Liabilities


Annuity Savings Fund


$637,452.59


Annuity Reserve Fund


98,403.69


Special Fund for Military Credit


4,850.40


Pension Fund


106,420.82


Expense Fund


2,049.60


$849,177.10


TRUST FUND SECURITIES January 1, 1963


Post War Rehabilitation Fund


Union Savings Bank #5269


A & O 20


$336.95


High School English Prize Fund


Union Savings Bank #5140


A & O 20


500.00


E. Florence Morse Library Fund


Union Savings Bank #4527


A & O 20


500.00


Anna M. Day Fund


Union Savings Bank #5268 Wililam T. Whedon Fund


A & O 20


5,000.00


Union Savings Bank #4428


A & O 20


500.00


Electric Service Deposit Fund


Union Savings Bank #1719


A & O 20


36,000.00


Dedham Institution for Savings #98787


M & N1


16,400.00


Bay State Fed. Savs. & Loan #31614


J & D 30


6,000.00


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 & D1


2,000.00


M 7 595 363H, 364H Jan. 1971


J & D 1


2,000.00


Total


$63,400.00


$194,693.60


393


REPORT OF TOWN ACCOUNTANT


Warren H. Cudworth Fund


Dedham Inst. for Savings #62375 M & N1 $500.00


Alice H. Plimpton Fund


Union Savings Bank #3682 A & O 20 11,000.00


Harriet W. Lane Fund


Union Savings Bank #5372


A & O 20


800.00


Cemetery Trust Fund (Perpetual Care)


Co-op. Bank Paid Up Shares:


10 Forest Hills #614


FMA &N1


2,000.00


10 Hyde Park #1776


MJS&D1


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, M7 222 339H Mar. 1970


A & 0 1


2,000.00


M 7 555 735H, 736H, 737H Dec. 1970


J & D


3,000.00


Savings Bank Accounts :


Dedham Inst. for Savings #70351


M & N 1


16,293.00


Wildey Savings Bank #169733


M & N 25


6,500.00


Brookline Savings Bank #105782


J & J 20


1,450.00


Charlestown Savings Bank #227562


JAJO15


11,000.00


Boston 5c Savings Bank #1147096


A & O 15


10,000.00


Franklin Savings Bank #199149


A & O 20


10,000.00


Boston Penny Savings Bank #235356


A & O 12


4,616.92


Union Savings Bank #1718


A & O 20


27,675.00


Natick Five Cents Savings Bank #73059


M & N 1


14,500.00


Bay State Federal Savs. & Loan #31615


J & D 30


3,500.00


Total


$117,534.92


Cemetery Trust Fund (Perpetual Care) (Cont.) Stabilization Fund


Dedham Trust Co. Cert. of D.


$200,000.00


Weymouth Savings Bank #53890


M & S


60,000.00


Newton Savings Bank #115047


J & J 10


71,747.58


Provident Inst. for Savings #829997


JAJO


50,000.00


Cambridge Savings Bank #207330-207331-207332


JAJO


150,000.00


So. Boston Savings Bank #225049


A & O


25,000.00


Warren Inst. for Savings #178548


50,000.00


Bay State Federal Savs. & Loan #31616


J & D 30


6,994.97


Cohasset Savings Bank #23952


J & J


17,428.25


Total $631,170.80


394


TOWN OF NORWOOD


RETIREMENT FUND SECURITIES January 1, 1963


10 Norwood Co-op. #233


JAJ&01


$2,000.00


50 Norwood Co-op. #3159


JAJ& 01


10,000.00


20 Norwood Co-op. #6440


JAJ&01


4,000.00


10 Hyannis Co-op. #1209


JA J & O18


2,000.00


20 Hyannis Co-op. #3350


JA J & O18


4,000.00


20 Hyannis Co-op. #5200


JA J & O18


4,000.00


30 Hyannis Co-op. #3925


JA J & O18


6,000.00


30 Walpole Co-op. #1279


M J S &D 15


6,000.00


20 Walpole Co-op. #1720


JJS & D 15


4,000.00


20 Middleborough Co-op. #6020


FM A & N 15


4,000.00


40 Middleborough Co-op. #8702


F MA & N 15


8,000.00


10 Mattapan Co-op. #5733


M J S & D 15


2,000.00


40 Needham Co-op. #5117


M & N 10


8,000.00


40 Needham Co-op. #7337


M & N 10


8,000.00


10 Stoneham Co-op. #2589


M & N 10


2,000.00


5 Marblehead Co-op. #142


M & N 10


1,000.00


25 Marblehead Co-op. #637


M & N 10


5,000.00


20 Orange Co-op. #P565


J & J 25


4,000.00


40 Concord Co-op. #3624


MJS & D1


8,000.00


40 Concord Co-op. #3639


MJS&D1


8,000.00


40 Newton Co-op. #5892


MJS&D1


8,000.00


40 Saugus Co-op. 4% #1086


M & N 15


8,000.00


80 Westfield Co-op. #5413


J & D 15


16,000.00


100 Dedham Co-op.


20,000.00


$152,000.00


Savings Bank Accounts


Dedham Inst. for Savings #72229


M & N 1


$49,000.00


Danvers Savings Bank #6994


A & 01


10,000.00


Bass River Savings Bank #17170


A & 01


10,000.00


Uxbridge Savings Bank #34490


J & J 1


5,000.00


Abington Savings Bank #39371


A & 05


2,000.00


Union Savings Bank #3681


A & O 20


113,045.00


Ware Savings Bank #83111


J & J 1


10,000.00


So. Boston Savings Bank #228164


A & O


20,000.00


Provident Inst. for Savings #845722


JAJAO


25,000.00


$244,045.00


U.S. Bonds Series H


M3 437 153H-154H-155H-156H-157H July 1968 J & J1


Bonds


Westchester Lighting Co. 31/2% 1967 8017-18 . . J& J1


$2,000.00


Atchison, Topeka & Santa Fe 4 1995 RB 3166 . . A & 01


5,000.00


N.Y. Central & Hudson River 31/2 1997 X7 509


J & J 1


10,000.00


$5,000.00


395


REPORT OF TOWN ACCOUNTANT


M8 800, 1, 2, 3, 4, M9 463, 4, 5


8,000.00


Northern Pacific Prior Lien 4 1997 Reg. 9654 J& J0


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 & A 1


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. & Tel Co. 3 1974 27852-856 inc.


M & S 15


5,000.00


Narragansett Elec. Co. 3% 1974 21391-395 inc.


M & S1


5,000.00


Montana Power Co. 27/8 1975 2707-11 inc.


A& 01


5,000.00


Ohio Power Co. 3 1978 29256-260 inc.


A & 01


5,000.00


Consolidated Edison of N.Y. 358 1986 23878-882 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 Inc.


M & N 1


10,000.00


General Electric Co. 31/2 1976 216501 to 510 inc. Commonwealth Edison Co. 31/2 1986 M 16109 to 118 inc.


J & D 1


10,000.00


M & N


5,000.00


N.Y. Tel. & Tel. Co. 41/2 1991 34-506 to 510 inc. N.Y. 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


Delaware Power & Light Co. 37/8 1988 M 3341 to 3345


J & D1


5,000.00


Duquense Light Co., 334 1988 M7564 to 7568


A & 01


5,000.00


Bell Tel. Co. of Penna. 334 314 1989 20680 to 20689


F&A1


10,000.00


N.Y. Tel. Co. 41/8 1993 48500 to 48509


J & J 1


10.000.00


Mountain States Tel. & Tel. Co. 43/8 1988 6-925 to 6-934


F & A 1


10,000.00


J & D 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


F & A 1


10,000.00


F & A 15


5,000.00


M & A 1


10,000.00


Consolidated Edison of N.Y. 4 1988 24111-24115 Wisconsin Tel. Co. 41/2 1992 16-469 to 472, 16- 443, 444, 8-976 to 979


J & J 1


10,000.00


10 Cleveland Electric Illuminating Co. 43/8 1994 M8656-8660, M20111-20114-20120


A & 01


10,000.00


10 Pacific Gas and Electric Co. Series EE 1991 5%


J & D 1


10,000.00


Bell Tel. Co. of Penna. 334 1989 M 47879-M47888 So. California Edison Co. 412 1982 17883-17887 Illinois Bell Tel. Co. 438 1994 47690-47699


J & D 1


5,000.00


M & N 1


5,000.00


M & N 1


10,000.00


396


TOWN OF NORWOOD


Commonwealth Edison Co. 41/2 1987 M44061 to M44065


M & S 1


5,000.00


Carolina Power & Light Co. 1'st mtge bonds 47/8 due 1990 #14846 thru 14855


A & 0 1


10,000.00


Metropolitan Edison Co. 1'st mtge. bonds 5% due 1990 M6055 thru M6064 .


M & N 1


10,000.00


U.S. Treas. Bonds 414 due May 15, 1985 #7487H & 7488J


F & A 1


20,000.00


U.S. Treas. Bonds 37/8 due 1974 #12097 & 12098 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. 41/2% sinking fund debent. due 1986 #158907 thru 158916 .. So. Bell Tel. & Tel. Co. 43/8 debent. due Mar. 1, 1998 #16-181 thru 16-185


A & 0


10,000.00


5,000.00


American Tel. & Tel. 23/4 debent due Oct. 1, 1975 #6-713, 9-528, 9-529, 79-492, 7568, 7-568, 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


J & D 1


10,000.00


Southern Bell Tel. & Tel. Co. 39 yr. 43/8 % debent. due April 1, 2001 28-957 thru 28-976


20,000.00


$440,000.00


Grand Total


$841,045.00


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, 1962, 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.


BARTLEY W. CONNOLLY


Town Clerk and Accountant


20,000.00


398


TOWN OF NORWOOD


INDEX


GENERAL


Page


Jury List 150


Officials, Appointed


4


Officials, Elected


3


Town Meeting Records


9


EXECUTIVE REPORTS


Airport Commission 159


Animals, Inspector of


162


Appeals, Board of


160


Assessors, Board of


163


Building Inspector


166


Capital Outlay Committee


167


Cemetery Department


173


Conservation Committee


175


Clerk, Town


Records of Town Meetings and Elections


9


Vital Statistics - Births


73


Marriages 115


132


Counsel Town


176


Dog Officer


177


Elementary Schools Building Committee


244


Elementary Schools Housing Committee


245


Engineering Department


178


Finance Commission


187


Fire Department


189


Fish and Game Warden


188


General Manager 190


Health, Board of


192


Industrial Development Committee


202


Library, Morrill Memorial


203


Light Department, Municipal


211


Norwood Housing Authority


198


Norwood Public Schools 259


Old Age Assistance 215


Planning Board 216


Deaths


INDEX


399


Page


Police Department


222


Public Welfare Board


225


Public Works Department


227


Purchases, Clerk of


234


Recreation Department


235


Sealer of Weights and Measures


243


Selectmen, Board of 145


Tax Collector 254


Town Treasurer


247


Veterans' Services


256


FINANCIAL REPORTS


Accountant, Town


305


Appropriations, Revenue


361


Balance Sheet 373


Cemetery, Perpetual Care Bequests


389


Contributory Retirement Fund


390


Debt Accounts


378


Debt Statements


308


Expenditures


319


Municipal Electric Light Accounts


384 369


Receipts


310


Retirement Fund Securities


394


Revenue Accounts, Deferred


377


Summary of Receipts and Expenditures


350


Summary of Town Debt 307


Sums Carried Forward from 1961 352


Trial Balance 380


Trust Fund Securities 392


Trust and Investment Accounts 379


Unexpended Balances and Payments 370


Operating Accounts, Other


0


NORWOOD PRINTING CO.


ELLS BINDERY INC. WALTHAM, MASS. MAY 1963


فرعى


.


ـرمـ




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