Town Annual Report of the Officers of the Town of Merrimac 1925, Part 2

Author: Merrimac (Mass.)
Publication date: 1925
Publisher: Merrimac (Mass.)
Number of Pages: 118


USA > Massachusetts > Essex County > Merrimac > Town Annual Report of the Officers of the Town of Merrimac 1925 > Part 2


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The books and accounts of the town treasurer were examined and checked in detail. The recorded receipts were checked with the records of the several departments collecting money for the town and with the other sources from which money was paid into the town treasury; and the disbursements were checked with the selectmen's war- rants authorizing payments and with the records in the several departments. The footings of the cash book were proved, and the bank balances and cash on hand Septenl- ber 28, 1925, were verified.


The books and accounts of the tax collector were ex- amined and checked. The commitment books were footed and found to agree with the assessors' warrants; the abatements were checked with the assessors' records of abatements granted; the recorded payments to the treas- urer were verified by a comparison with the treasurer's books; and the outstanding accounts were listed and reconciled. The outstanding accounts were further veri- fied by mailing notices to a number of persons whose names appeared on the books as owing money to the town, and from the replies received I am satisfied that these ac- counts are correct. The cash which had not been turned over to the town treasurer was counted and verified.


:32


TOWN REPORT


The books and accounts of the Electric Light Depart- ment were examined and checked. The commitments of charges for light and power and for miscellaneous ac- counts were totaled, the discounts were proved, and the payments to the treasurer were checked to the town treasurer's records. The uncollected accounts were listed and reconciled and the cash on hand was verified.


The books and accounts of the Water Department for water rates and miscellaneous charges were examined and checked. The commitments of all charges were listed, the abatements were checked, and the payments to the treasurer were verified by the treasurer's receipts on file .. The uncollected accounts were listed and reconciled and the cash on hand was verified.


The town clerk's records of receipts from dog li- censes and from hunting and fishing licenses issued for the county and the State were examined, and payments to the county and State treasurers were verified by re- ceipts on file.


The books and accounts of the Cemetery Trustees were examined and checked, and the cash on hand was verified.


The savings bank books and securities representing the several trust and investment funds in the custody of the town treasurer and the cemetery trustees were pe :- sonally examined and listed, the income was proved, and the recorded disbursements and cash on hand verified.


The surety bonds of the treasurer, tax collector, town clerk, collecter of the light and water departments, and of the superintendent of the light and water departments, were examined and found to be in proper form.


In checking the accounts of the trustees of the Locust Grove Cemetery it was noted that the receipts from sale of lots, wood, etc., have been retained by the trustees, and expenditures for cemetery purposes made therefrom. This -practice should be discontinued and the receipts paid over to the town treasurer. Disbursements on account of the


33


TOWN REPORT


cemetery should be made on properly approved orders in accordance with the provisions of Section 53, Chapter 44, and Section 35, Chapter 41, General Laws.


In addition to the departments and accounts: men- tioned the records of the sealer of weights and measures for fees collected, of the selectmen for licenses issued, of the poor, health and school departments, of town hall rents, of the milk inspector and of the health: nurse were examined and checked. Payments to the treasurer were verified by the treasurer's records and the cash on hand was verified.


Appended to this report are tables showing a recon- ciliation of the treasurer's cash, summaries of the tax and assessment accounts, the electric light and water depart- ment accounts, and of the cemetery accounts ; also' tables relative to the trust and investment fund transactions, to- gether with a balance sheet showing the financial condi- tion of the town September 28, 1925.


While engaged in making the audit, I received the hearty co-operation of the several town officials, and I wish, on behalf of my assistants and for myself, to express appreciation for the assistance rendered and the court- ยท esies received.


Respectfully submitted,


EDW. H. FENTON, . Chief Examiner.


RECONCILIATION OF TREASURER'S CASH


Cash balance January 1, 1924,


$ 22,975.76 140,801.12


Receipts,


-$163,776.88


Payments, Cash balance December 31, 1924,


$147,162.01


16,614.87


$163,776.88


Cash balance January 1, 1925, $ :16,614.87


:34


TOWN REPORT


Receipts January 1 to September 28, 1925, 97,997.90


.


$114,612.77


Payments. January 1 to September 28, 1925, $104,108.94


Cash balance September 28, 1925, 10,503.83


$114,612.77


Cash balance September 28, 1925, $ 10,503.83


Outstanding checks, per list, 3,063.52


$ 13,567.55


First National Bank:


Balance September 30, 1925,


per bank statement, $ 13,567.35


RECONCILIATION OF COLLECTOR'S CASH


Cash balance September 28, 1925 :


Taxes 1923,


$


10.07


Taxes 1924,


241.29


Taxes 1925,


7,594.62


Moth assessments 1925, 26.40


$ 7,872.38


Collections September


28


to October 12, 1925 :


Taxes 1923,


$


.20


Taxes 1924,


64.01


Taxes 1925,


20,674.50


Moth assessments 1925,


32.15


Interest on taxes 1924,


15.06


$20,785.92


$28,658.30


Payments to treasurer Sep-


tember 29 to October


12, 1925,


$26,122.33


Cash on hand October 12, 1925 :


In office (verified),


$ 2,487.99


TOWN REPORT 35'


In bank, per statement, . 47.98 $ 2,535.97 $28,658:30


TAXES-1923


Commitment per warrant,


Additional commitment,


Overpayment,


Interest credited as taxes, 1923,


:17


$62,635.79


Payments to treasurer :


1923,


1924,


$50,199.18 10,748.30


Abatements, Tax titles,


Outstanding September 28, 1925, Cash on hand September 28, 1925,


.20


10.07 $62,635.73


TAXES-1924


Commitment per warrant,


Additional commitment,


$59,592.13 123.17


$59,715.30


Payment to treasurer, $45,249.83


Abatements, 729.29


Outstanding December 31, 1924, 13,736.18


$59,715.30


$13,736.18


Outstanding January 1, 1925, Payments to treasurer January 1 to September 28, 1925, $12,555.04


233.99


Abatements, Tax titles, 10.85


$62,175.72 459.80 .10


1


$60,947.48 1,531.48 146.56


36


TOWN REPORT


Outstanding September 28, 1925, per


list, 695.01


Cash on hand September 28, 1925,


241.29


$13,736.18


TAXES-1925


Commitment per warrant,


$67,666.00


Additional, 22.00


$67,688.00


Payments to treasurer to September 28, 1925,


$11,161.78


Abatements to September 28, 1915, 264.60


Outstanding September 28, 1925, per list, 48,667.00


Cash on hand September 28, 1925,


7,594.62


$67,688.00


MOTH ASSESSMENTS-1923


Commitment per warrant, $333.55


Payments to treasurer :


1923,


1924,


$282.34 51.21


$333.55


MOTH ASSESSMENTS-1924


Commitment per warrant, $284.66


Payments to treasurer 1924, $231.71


Outstanding December 31, 1924, 52.95


$284.66


Outstanding January 1, 1925, $ 52.95


Payments to treasurer January 1 to Sep- tember 28, 1925, $ 52 70


Outstanding September 28, 1925, per list,


.25


$ 52.95


MOTH ASSESSMENTS-1925


Commitment per warrant, $211.57.


37


TOWN REPORT


Payments to treasurer to September 28, 1925, $ 38.22


Outstanding September 28, 1925, per list, 146.95 Cash on hand September 28, 1925, 26.40


- $211.57


INTEREST-TAXES 1923


Collections to December 31, 1924, $502.15


Payments to treasurer :


1923, 1924,


$ 93.93 408.05


$501.98


Interest credited as taxes, 1923,


.17


$502.15


Collections January 1 to September 28, 1925, $ 9.71


Payments to treasurer January 1 to Sep-


tember 28, 1925, 9.71


INTEREST-TAXES 1924


Collections :


1924, 1925 to September 28,


$ 87.65


457.55


$545.20


Payments to treasurer :


1924, 1925 to September 28,


$ 87.65


457.55


-


$545.20


ELECTRIC LIGHT DEPARTMENT Accounts Receivable


Outstanding


January 1,


1924 :


Light and power, $ 267.84


Miscellaneous, 126.45 $ 394.29


-


Commitments :


Light and power,


$28,934.58


38


TOWN REPORT


Miscellaneous,


2,486.51


$31,421.09


$31,815.38


Payments to treasurer :


Light and power,


$19,822.79


Miscellaneous 2,384.27


$22,207.06


Discounts :


Light and power,


8,929.54


Outstanding December 31,


1924:


Light and power,


$


450.09


Miscellaneous, 228.69 $ 678.78 .


$31,815.38


Outstanding .January


1,


1925 :


Light and power,


$


450.09


Miscellaneous, 228.69


$


678.78


Commitments January 1 to


September 28, 1925:


Light and power,


$26,086.58


Miscellaneous,


959.66


$27,046.24


$27,725.02


Payments to treasurer Jan-


uary 1 to September


28, 1925 :


Light and power,


$16,967.37


Miscellaneous


1,096.96


$18,064.33


Discounts January 1 to Sep- tember 28, 1925: Light and power, . 8,975.58


39


TOWN REPORT


Outstanding September 28, 1925 :


Light and power, $ 593.72


Miscellaneous, 91.39 $ 685.11


$27,725.02


WATER DEPARTMENT Accounts Receivable


Outstanding


January 1,


1924 :


Water rates,


$. 492.27


Miscellaneous,


21.15


$ 513.42


Commitments :


Water rates,


Miscellaneous,


$ 8,383.33 1,714.60


$10,097.93


$10,611.35


Payments to treasurer :


Water rates,


Miscellaneous,


$ 8,486.84 1,676.83


$10,163.67


Abatements :


Water rates,


194.33


Outstanding December 31, 1924 :


Water rates,


$ 194.43


Miscellaneous,


58.92


$ 253.35


$10,611.35


Outstanding


January


1,


1925 :


Water rates, $ 194.43 58.92


Miscellaneous,


$ 253.35


40


TOWN REPORT


Commitments January 1, to September 28, 1925: Water rates, $ 6,558.28


Miscellaneous, 514.74


$ 7,073.02


$7,326.37


Payments to treasurer Jan- uary 1 to September 28, 1925 :


Water rates,


$6,480.00


Miscellaneous, 465.47


$ 6,945.47


Abatements January 1 to


September 28, 1925 :


Water rates, 145.81


Outstanding September 28, 1925 :


Water rates, $ 126.90


Miscellaneous, 108.19


$ 235.09


$ 7,326.37


CEMETERY DEPARTMENT-GENERAL FUND


Balance January 1, 1924,


$177.58


Receipts 1924 :


Sale of lots,


$160.00


Sale of wood,


76.50


$236.50


$414.08


Payments,


$175.30


Balance December 31, 1924,


238.78


$414.08.


Balance January 1, 1925,


$238.78


Payments January 1 to September 28, 1925, Balance September 28, 1925,


$134.13


104.65


$238.78


41


TOWN REPORT


LIBRARY TRUST FUNDS


Savings Bank


Deposit


Total


-


On hand at beginning of year 1924, On hand at end of year 1924, On hand October 27, 1925, Receipts


$1,324.46 $1,324.45


$1,363.20


$1,363.20


$1,393.85


$1,393.85


Payments


1924


Income,


$60.22


Savings bank deposit, $38.74 Transferred to town, 21.48


Total,


$60.22


Total,


$60.22


January 1 to October 27, 1925


Income


$30.65


Savings bank deposit, $30.65


Total,


$30.65


Total,


$30.65


THOMAS H. HOYT LIBRARY FUND


Savings Bank Securities Deposit Par Value Total


On hand October 27, 1925, $741.42 $23,500.00 $24,241.42


January 1 to October 27, 1925 Receipts


Bequests,


$24,233.13 Securities rec'd, $23,500.00


Income,


8.29 Savings bank deposit, 741.42


Total,


$24,241.42


Total, $24,241.42


KIMBALL PARK FUND


$2,907.17 $2,907.17 $2,913.98 $2,913.98 $2,980.42 $2,980.42


Savings Bank Deposits Total On hand at beginning of year 1924, On hand at end of year 1924, On hand October 27, 1925,


42


TOWN REPORT


Receipts


Payments


Income,


1924 $132.24


Savings bank deposit $ 6.81 Transferred to town, 125.43


Total, $132.24


Total,


$132.24


January 1 to October 27, 1925


Income,


$66.44 Savings bank deposit $ 66.44


Total, .


$66.44


Total,


$ 66.44


SURPLUS WAR BONUS FUND


Savings Bank


Cash Deposit Total


On hand at beginning of


year 1925, $1,241.68


$1,241.68


On hand October 27, 1925,


$1,241.68 $1,241.68


Receipts


Payments


January 1, to October 27, 1925


Cash on hand at beginningSavings bank dep'it $1,241.68 . of year, $1,241.68


Total,


$1,241.68


Total,


$1,241.68


ESSEX COUNTY TUBERCULOSIS HOSPITAL REFUND


On hand October 27, 1925, Receipts


Received from'


Essex Co., $3,773.94


Savings Bank


Deposit


Total


$1,773.94


$1,773.94


Payments


Savings bank dep., $1,773.94


Transferred to town


treasury,


$2,000.00


Total,


$3,773.94


Total, $3,773.94


43


TOWN REPORT


CEMETERY PERPETUAL CARE FUNDS


Savings Bank Deposit Total


On hand at beginning of year 1924, $11,675.94 $11,675.94


$12,100.48 $12,100.48


On hand at the end of year 1924, On hand October 27, 1925,


$13,372.25


$13,372.25


1924


Receipts


Payments


Bequests,


$275.00


Income,


536.34


Savings bank deposit $424.54 Transferred to town, 386.80


Total,


$811.34


Total,


$811.34


January 1 to October 27, 1925


Bequests,


$1,000.00


Savings bank dep., $1,271.77


Income,


271.77


Total,


$1,271.77


Total,


$1,271.77


CEMETERY CONTINGENT FUND In Custody of Cemetery Trustees Savings Bank


Deposit Total


$328.05


$328.05


$342.97


$342.97


$358.55


$358.55


Payments


1924


Income,


$14.92_ Savings bank deposit, $14.92


Total,


$14.92


Total,


$14.92


January 1 to October 27, 1925


Income,


$15.58 Savings bank deposit, $15.58


1


Total,


$15.58


Total,


$15.58


1


On hand at beginning of year 1924, On hand at end of year 1924, On hand October 27, 1925, Receipts


TOWN OF MERRIMAC BALANCE SHEET, SEPTEMBER 28, 1925 GENERAL ACCOUNTS


ASSETS


LIABILITIES


Cash:


' In banks and office $10,503.83


In Savings Bank:


State and County Taxes: State tax $ 4,200.00


Electric light


de-


preciation


$2,520.40


State and highway tax 446.20


Electric light


re-


serve 6,258.42


County tax


4,102.25


8,757.18


Cemetery trustees


104.65


$19,387.30


Accounts Receivable :


Taxes:


Levy. of 1923 $ 10.27


Levy. of 1924


936.30


Levy of 1925 56,261.62


57,208.19


Special Assessments:


Moth 1924 $ .25


Moth 1925


173.35


173.60


Electric Light Department:


Light and power


$


593.72


Miscellaneous


91.39


685.11


L'evy of 1925 2,930.42


Water Department:


Rates


$ 126.90


Revenue 1925 22.00


Moth assessment revenue


173.60


Tax title revenue


418.73


Tax titles


418.73


Electric light revenue 685.11


Water revenue 235.09


Surplus revenue 1,964.77


Forest warden 7.50


Board of health 25


Unexpended Balances: General appropriations $21,632.74


9,347.77


Electric light construction .... Electric light depreciation 2,549.57 Electric light reserve 6,258.42


Water maintenance


1,574.65


Hydrant, Orchard and Grove Streets 850.00


Locust Grove Cemetery 104.65


Interest 596.18


Maturing debt 1,000.00


43,913.98 403.10


Reserve fund, overlay surplus .. Overlay Reserved for Abatements: Levy of 1924 S 960.22


3,890.64


Miscellaneous


108.19


235.09


Overdrawn Accounts:


Town Hall $ 64.85


Temporary Loans:


In anticipation of revenue


$35,000.00


State municipal light tax 8.73


8,778.82


Cobbler's brook drain 45.39


Highways


160.26


Broad Street macadam


2,988.70


State aid


486.00


Schools:


Fuel


$108.94


Sundries


40.49


Building repairs


208.85


358.28


Support of truants


76.28


Kimball park


56.75


Cemeteries


546.00


4,790.26


Revenue 1925, appropriations unprovided for


3,000.00


Estimated receipts


9,565.92


$95,464.20


$95,464.20


DEBT ACCOUNTS


Net funded or fixed debt


Motor pumping engine loan $ 4,000.00


Tuberculosis hospital loan 6,000.00


Land damage loan


2,000.00


Electric light loan


500.00


Water loans


25,900.00


$38,400.00


$38,400.00


TRUST AND INVESTMENT ACCOUNTS


Trust and Investment Funds:


Library funds $ 1,393.85:


Thomas H. Hoyt Library Fund 24,241.42


Kimball Park Fund 2,980.42:


Surplus War Bonus Fund 1,241.68


Tuberculosis Hospital Refund Fund. 1,773.94


Cemetery Perpetual Care Funds 13,372.25


Cemetery Contingent Fund


358.55


$45,362.11


*$45,362.11,


* Balances October 27, 1925.


In custody of town treasurer $45,003.56


In custody of cemetery trustees 358.55


.$38,400.00


46


TOWN REPOR'.


TREASURER'S REPORT


Frank E. Walker, Treasurer, in account with the Town of Merrimac from January 1st, 1925 to March 7th, 1925.


RECEIPTS


Balance on deposit, Jan. 1st, 1925, $16,614.87


A. R. Waterhouse, collector of taxes, 5,000.00


Gypsy and brown tail moths, 142.53


$21,757.40


Treasurer of the Commonwealth of Massachusetts


Mary P. Pierce, health service, Dec., 1924, $57.50


Earl M. Nelson, clerk of court, fines, Dec., 1924, 8.00


F. H. Hargraves, sealer of weights and measures, 19.99


Geo. J. Heon, hotel license, 1.00


Metropolitan Insurance Co., nursing service, 10.80


Whittier Rebekah Circle dance license 1.00 J. B. Judkins, license to carry revolver, Zenas Lovell & Co., license for the sale of oleo, .50


.50


A. & P. Store, license for the sale of oleo, :50


Mary Pierce, nursing service, January, 1925, 21.00


Earl M. Nelson, clerk of court, fines for January, 1925, 210.00


47


TOWN REPORT


Fred Coster, dance license, 1.00


High school, dance license, 1:00


Metropolitan Insurance Co., for nurse service, 7:75


Fred R. Ramond, dance license,


1.00


American Legion, dance license,


1.00


County Commissioners, refund on ac- count of cases county tuberculosis hospital, 3,773.94


Mary P. Pierce, public health service, .


38.25


4,154.73 :


School Department


County of Essex, rebate on dog li-


censes,


$160.85


Doris M. Trickey, teacher, check re- turned not cashed, 13.75


174.60


Light Department :


W. H. Scott, collector,


$2,926.82


W. H. Scott, collector,


2,710.06


5,636.88


Water Department:


W. H. Scott, collector,


$1,250.00


W. H. Scott, collector,


800.00


2,050.00


Total receipts,


$33,773.61


EXPENDITURES


State aid,


$108.00


Fire department warrants,


131.26


Miscellaneous selectmen's warrants,


6,324.07


$6,563.33


School Dept. warrants,


$4,389.96


Light Dept. warrants,


3,849.05


8,239.01


48


TOWN. REPORT


Water Dept. warrants,


$826.00


Bond, interest,


560.00


Interest, Merrimac Savings Bank,


7.00


Note and interest, Merrimac Savings Bank, . Interest on bond,


752.50


20.00


2,165.50


Total expenditures, $16,967.84


Balance, cash on deposit, First National Bank,


March 7th, 1925,


$16,805.77


49


TOWN REPORT


TREASURER'S REPORT


Richard A. Sargent, Treasurer, in account with the Town of Merrimac from March 1, 1925.


RECEIPTS


Balance on deposit March 1, 1925, $16,805.77


A. R. Waterhouse, collector of taxes, 1924, 1925, 61,449.09


A. R. Waterhouse, collector of taxes, inter-


est,


603.47


$78,858.33


Treasurer of the Commonwealth of Massachusetts


Temporary aid,


$234.76


Income tax 1922 and prior years, 17.50


Income tax 1923, 87.50


Income tax 1924,


140.00


Income tax 1925, 770.00


Income tax 1925, 5,018.64


Corporation tax, public service, 1925, .78


Corporation tax, public service, 1925, 312.68


Corporation tax, business, 210.48


Corporation tax, business, 1,563.12


Corporation tax, business, 107.41


Corporation tax, business, 789.19


Nat. bank tax under Gen. Laws, Sec. 1, Chap. 63, 3.60


Nat. bank tax under Gen. Laws, Sec. 10A, Chap. 63, 90.89


State aid, 648.00


Burial of indigent soldiers and sailors, 60.00


50


TOWN REPORT


Soldiers' exemption, Sec. 11-12, Chap.


58, 159.99


State settlement of accounts,


3,201.99


Div. of highways,


.2,250.00


Dep. public welfare,


1,178.42


Licenses, 6118D,


8.00


Licenses, 6157D,


8.00


Licenses,6219D,


8.00


Licenses, 6354D,


8.00


Licenses, 6392D,


8.00


Compensation inspection of animals,


50.00


Gypsy moths,


48.50


$ 16,989.45


On account of licenses, 94.50


Earl M. Nelson, clerk of District Court, 399.50


Redemption lot James E. Bricket, Lake Attitash, 59.00


Reimbursement for advertising lots,


Lake Attitash, J. Boyd, J. Bisson, 7.00


Reimbursement 1923 commitment,


10.27 1


Health service nurse,


212.32


Dept. Public Works reimbursement, Broad Street, 5,309.91


Treas. of Essex County, reimburse-


ment, Broad Street, 5,309.92


F. H. Hargraves, janitor Town Hall, 110.00


$ 11,512.42.


Merrimac Water Dept., rent of office, 84.00


Merrimac Light Dept., rent of office, 84.00


Merrimac Light, state assessment, 8.73


Reimbursement on account perpetual care burial lots, 351.50


Reimbursement on account private burial lots, 25.00


Reimbursement Town of Brookline, care of poor, 251.60


51


TOWN REPORT


Merrimac Fire Dept., W. H. Young, 1. fire alarm indicator, 75.00


Reimbursement, Thos. Greeley, hood buttons, 2.00


Public Library on account of fines,


cards, etc., 48.93


Public Library reimbursement Trus- tees' expenses, 22.76


Kimball Park, reimbursement Trus-


tees, care of Park, 61.30


Rent, First Nat. Bank, 300.00


Interest, Nat. Bank,


223.56


Metropolitan Life Ins. Co., health


service,


57.90


1,596.28


Institution for Savings in Newbury- port loan, $10,000.00


Drawn from the Merrimac Savings Bank to pay the note for Tuber- culosis Hospital account, 2,000.00


C. D. Parker Co., loan,


15,000.00


C. D. Parker Co., loan, 10,000.00


C. D. Parker Co., loan, 5,000.00 1


$ 42,000.00


School Dept., Treasurer of the Commonwealth


Income from Mass. School fund,


$ 3,514.43


Account of School Supt., 483.33


Andrew Nicol, sale of grass, 5.00


Refund from J. W. White, 1.00


$ 4,003.76


Light Dept., W. H. Scott, collector, $19,371.25 Water Dept., W. H. Scott, collector, 7,364.45 Water Dept., W. H. Scott, collector, motor expense, 131.48


52


TOWN REPORT


Water Dept. settlement,


1,917.40


$ 28,784.58


$183,744.82


EXPENDITURES


Treasurer of the Commonwealth :


State tax,


4,200.00


Corp. tax, 1925, P. S.,


.. 20


Corp. tax, 1921, D.,


191.87


R pair state highway,


446.20


Municipal light plant,


8.73


State aid,


498.00


$


5,345.00


Fire Dept. warrant,


$ 2,742.68


Miscellaneous warrants, 'selectmen,


56,860.72


Merrimac Savings Bank note,


1,000.00


Inst. Savings, Newburyport Tb note,


2,000.00


Inst. Savings, Newburyport loan,


10,000.00


C. D. Parker Co., loan,


10,000.00


C. D. Parker Co., loan,


15,000.00


Inst. for Savings,


1,000.00


Interest and Discount,


1,190.07


$ 99.793.47


Essex County tax,


4,102.25


School Dept., warrants,


23,006.37


Light Dept., warrants,


23,652.89


Light Dept., bond,


500.00


Light Dept., interest,


20.00


Water Dept., warrants,


14,299.03


Water Dept., bond,


3,500.00


Water Dept., note,


350.00


Water Dept., note


700.00


Water Dept., interest,


602.00


$ 70,732.54 -


53.


TOWN REPORT


Total expenditures, $175,871.01


Balance on deposit in First Nat. Bank, Jan. 1, 1926, 7,873.81


$183,744.82


STATEMENT OF FUNDED DEBT


Dec. 31, 1924


Paid


During Year


Interest Paid


Water bonds at 4% maturing $3,500.00 yearly to July 15, 1932,


$28,000 $3,500


$1,120.00


Water notes at 5% maturing $700.00 yearly to March 1, 1927,


2,100


700


35.00


Electric Light bonds maturing $500 yearly to July 15, 1926,


1,000


500


20.00


Land damage notes at 43/4% maturing $1,000.00 yearly to March 1, 1927,


3,000


1,000


120.14


Tuberculosis notes at 43/8% ma- turing $2,000.00 yearly to May 1, 1928,


8,000


2,000


306.25


Motor pumping engine notes maturing $1,000.00 yearly


to Dec. 4, 1928 at 4%,


4,000


1,000


160.00.


Amount of funded debt Jan. 1, 1926, $37,400


PUBLIC LIBRARY TRUST FUND


A. E. Goodwin, $200.00 $13.10 $22.76 $36.86


Deposited by transfer, 73.69


James Whittier,


400.00


24.03


152.22


54


TOWN REPORT


D. J. Poore, 500.00 24.85 71.37


KIMBALL PARK TRUST FUND


Judith Kimball,


$1,000.00


$45.50 $45.50 $1,000.00


Amos Weed, 1,957.92


87.97 15.80 1,986.15


ELECTRIC LIGHT DEPRECIATION FUND Amount Jan. 1, 1925, Interest one year, Deposited,


$2,470.44


106.66


475.00


$3,052.10


ELECTRIC LIGHT RESERVE FUND


Amount Jan. 1, 1925,


$3,675.73


Interest one year,


223.50


Deposited, 1925,


2,500.00


$6,399.23


CEMETERY TRUST FUNDS


Amount


Interest


For Year


Expended


Interest


Unexpended Interest


Geo. W. and Olive O. Jud-


kins


150.00


7.29


6.00


11.99


George S. Sargent


100.00


4.97


3.00


11.92


Donald MacDiamid


150.00


7.77


24.50


4.40


Wm. H. Young


100.00


4.77


3,00


7.22


The Clement


75.00


3.51


2.50


8.80


Everet Carlton


100.00


4.71


4.00


14.63


Emma P. Emerson


100.00


4.68


3.00


4.92


John H. Cleary


100.00


4.75


2.00


9.57


John W. Foster


150.00


7.05


5.00


7.51


A. E. Porter


150.00


7.67


3.00


23.77


M. A. Gasset


100.00


4.68


3.00


4:82


55


TOWN REPORT


J. W. Johnson


100.00


4.73


3.00


6.16


Warren E. Wallace


100.00


4.84


3.00


7.58


Lilla P. Laraway.


100.00


4.71


3.00


5.45


Rhoda S. Poor and D. J. P. 300.00


19.80


5.00


150.10


Rhoda S. Poor (F. Sargent) 200.00


12.38


5.00


80.05


Otis W. Little


200.00


11.01


5.00


48.37


Susan G. Sargent.


75.00


3.54


2.00


4.65


Marietta B. Sargent.


250.00


16.99


4.00


36.63


Caroline S. Noyes


100.00


5.29


3.00


19.12


Addeline Whittier


100.00


5.87


3.00


32.20


J. Warren Sargent.


100.00


4.93


4.00


9.72


Ruth C. Rowell


200.00


12.85


5.00


90.66


Sarah A. Pattee (Locust


grove)


175.00


10.51


12.50


54.13


Sarah A. Pattee (Church


Street)


125.00


6.59


4.00


23.32


I. B. Little.


337.87


19.71


5.50


109.82


John Bancroft


50.00


2.28


2.00


.63


Aaron Bancroft


50.00


2.28


2.00


.63


Thomas D. Nelson.


150.00


9.85


4.50


1.43


Mabel Jones Shepardson Henry E. Crosby


100.00


4.75


3.50


6.23


65.00


4.64


41.89


A. Linda Little.


150.00


7.87


3.50


25.73


Mrs. Gilman H. Hoyt.


100.00


4.79


3.00


7.73


Etta H. Colby


100.00


4.66


4.00


3.53


Phineas Chase


100.00


4.55


4.50


.66


Chas. A. Bridges


100.00


5.07


4.00


12.62


Louise Clement


100.00


5.40


3.00


21.53


Carrie C. Noyes.


150.00


8.23


4.00


36.05


W. O. Smiley


100.00


4.95


3.00


11.30


Hattie and Carrie P. Baxter 100.00


5.07


3.00


13.94


Parmelia Trefethen


100.00


5.33


3.00


19.74


Ida E. Stevens.


125.00


6.53


5.00


.43


Mary Ann Chase.


100.00


4.93


3.50


10.22


Stuart Chase and Sargent .. 150.00


6.87


5.00


3.31


Charles A. Noyes.


75.00


3.74


2.50


9.03


Mason W. R. Downing.


125.00


6.28


3.50


16.46


56


TOWN REPORT


William Gilday


100.00


4.84


4.50


7.06


Moses Stevens


100.00


5.02


3.00


12.89


Elizabeth M. Cooper


100.00


4.95


3.00


10.97


Amos Weed


100.00


4.84


2.00


9.77


E. Fanny Bradley.


100.00


4.73


5.00


4.38


Porter Sargent


150.00


8.11


9.00


27.26


Melville S. Gibbs


50.00


2.28


2.00


.65


Addie S. Sawyer. .


100.00


5.84


3.50


8.33


Arthur C. Sargent


100.00


4.95


2.50


11.97


Heirs of A. R. Kimball


100.00


5.43


2.50


22.44


George E. Ricker.


100.00


4.77


4.00


6.36


Alfred G. Wells


200.00


5.33


3.00


11.52


Stephen C. Parsons


200.00


10.51


21.50


20.44


Alfred H. Colby


100.00


4.82


4.50


6.66


Frank Ward


200.00


9.65


3.50


18.85


D. A. Moulton


100.00


5.04


2.50


13.64


S. C. Pease.


150.00




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