Town Annual Report of the Officers of the Town of Merrimac 1956, Part 4

Author: Merrimac (Mass.)
Publication date: 1956
Publisher: Merrimac (Mass.)
Number of Pages: 178


USA > Massachusetts > Essex County > Merrimac > Town Annual Report of the Officers of the Town of Merrimac 1956 > Part 4


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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200.00


201.66


5.51


4.00


203.17


George T. Crouse


100.00


100.16


2.77


102.93


Nellie M. Hall-Thomas Fraser Lot


100.00


100.83


2.76


2.00


101.59


Lottie Hopkins-Nichols-Hopkins Lot


100.00


100.03


2.77


102.80


TOWN OF MERRIMAC


..


85


CEMETERY PERPETUAL CARE FUNDS-(Continued


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1956


Louise C. Brackett-William Russell Lot


100.00


100.07


2.77


102.84


Marion Armstrong-Armstrong & McInnis Lot


400.00


406.57


11.08


12.00


405.65


Theodore L. Hayes


200.00


202.31


5.53


5.00


202.84


Frank M. Haynes


100.00


100.49


2.77


103.26


F. L. Parker


150.00


150.46


4.12


2.00


152.58


Dr. F. E. Sweetsir


450.00


456.23


12.46


12.00


456.69


William N. Pettigrew


100.00


105.91


2.82


7.00


101.73


Fred S. Hardwick


150.00


150.47


4.12


2.00


152.59


J. Melvin Clement


100.00


100.87


2.76


2.00


101.63


Edwin S. Mckay


100.00


100.75


2.76


2.00


101.51


Harry A. Stickney


150.00


150.62


4.12


2.00


152.74


B. F. Hardwick ..


150.00


150.40


4.12


2.00


152.52


Emma L. Sargent-Orlando Sargent Lot


150.00


150.72


4.12


2.00


152.84


Emma L. Sargent-O. F. Seavey Lot


150.00


150.90


4.12


2.00


153.02


Elsie G. Mathews-Elmer Grant Lot


200.00


202.45


5.53


5.00


202.98


Sarah A. Spillers-Frank Burnham Lot


200.00


201.78


5.51


4.00


203.29


Lettie F. Whitney-Herbert Whitney Lot


300.00


301.91


8.27


6.00


304.18


Fred W. Mathison


100.00


100.50


2.77


103.27


Minnie A. Chapman-Judson Webster Lot


125.00


125.80


3.44


2.00


127.24


Frederick W. Carter


200.00


203.02


5.54


5.00


203.56


Ethel A. Goodwin -- Charles Goodwin Lot


200.00


202.47


5.53


5.00


203.00


86


ANNUAL REPORT


:


Lucy J. Bagley- Mrs. Clarence Bagley Lot


100.00


100.23


2.77


102.99


Samuel W. Condon


400.00


406.62


11.08


12.00


405.70


Samuel L. Porter-Joseph Porter Lot


150.00


151.12


1.14


3.00


152.26


Benjamin B. Wood


200.00


202.49


5.53


5.00


203.02


May Belle Brown


100.00


100.61


2.77


103.38


Norman M. Hunter-A. Goodwin Lot


200.00


202.67


5.53


5.00


203.20


Ida C. Tobey


100.00


100.09


2.77


102.86


John E. Bean


75.00


75.28


2.08


77.36


Mary E. Tuxbury


150.00


150.20


4.12


2.00


152.32


Maud G. Carter ..


100.00


100.24


2.77


103.01


Georgia G. Patten-Hayden Patten Lot


100.00


100.81


2.76


2.00


101.57


Frank Glines-Glines-Bartlett


150.00


151.43


4.14


3.00


152.57


William Evans-Lucien Chapin Lot


50.00


50.52


1.39


51.91


William Dwyer


50.00


51.43


1.39


2.00


50.82


Delma Black, Adelina T. Jones Lot


100.00


100.10


2.77


102.87


Ruth Hargraves


100.00


100.31


2.77


103.08


Jennie Chase-Moses Stevens Lot


100.00


101.02


2.77


2.00


101.79


Richard E. Sargent-E. Fieldsend Lot


100.00


102.96


2.78


4.00


101.74


Richard E. Sargent


125.00


125.24


3.45


128.69


Eva J. Grant


100.00


100.99


2.76


2.00


101.75


Clara Foster-John Foster Lot


200.00


202.70


5.53


5.00


203.23


Jeannette E. Whittier-Wendell B. Whittier


150.00


150.60


4.12


2.00


152.72


Luther W. Bridges-E. C. Bridges, J. Whitman


150.00


151.01


4.14


3.00


152.15


William S. Tuckwell-Newton Tuckwell Lot


50.00


52.00


1.41


2.00


51.41


William S. Tuckwell-S. S. Tuckwell Lot


50.00


52.00


1.41


2.00


51.41


Abbie W. Sargent-Alexander Smart Lot


225.00


227.83


6.21


5.00


229.04


Francis P. Clement


200.00


202.22


5.53


5.00


202.75


Wilbur H. Colby-Joseph Colby Lot


..


200.00


202.97


5.53


5.00


203.50


TOWN


OF


MERRIMAC


87


... ..


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1956


Katherine F. MacMasters


150.00


150.83


4.12


2.00


152.95


Louise A. Thacher


200.00


203.52


5.54


6.00


203.06


Willie Colby-Warren Colby Lot


100.00


100.10


2.77


102.87


Willie Colby-William H. Colby Lot


100.00


100.05


2.77


102.82


Alice E. Purdy


150.00


150.67


4.12


2.00


152.79


John S. Poyen


500.00


506.65


13.84


13.00


507.49


Anna Bird


200.00


202.70


5.53


5.00


203.23


Pearl M. Stevens


150.00


150.42


4.12


2.00


152.54


Fred O. Bailey


200.00


202.88


5.53


5.00


203.41


Charles L. Waterhouse


150.00


150.67


4.12


2.00


152.79


Sarah K. Noyes


100.00


100.18


2.77


102.95


Clarence W. Crosby .


150.00


151.16


4.14


3.00


152.30


Donald E. Stevens-Charles Stevens Lot


300.00


301.69


8.27


5.00


304.96


Edith E. Wood-James Wood Lot


150.00


150.85


4.12


2.00


152.97


Augustus N. Parry-John and Louise Elliott


100.00


100.23


2.77


103.00


Dustin Hall and B. Frost


400.00


404.29


11.06


9.00


406.35


Charles L. Waterhouse-Almon Waterhouse Lot


150.00


150.56


4.12


2.00


152.68


Charles L. Waterhouse-Moses Sargent Lot


150.00


153.14


4.16


5.00


152.30


Leon L. Dow


..


200.00


208.43


5.61


11.00


203.04


Harry W. Bailey-Richard Bailey


200.00


208.57


5.61


11.00


203.18


88


ANNUAL REPORT


..


George S. Nelson-Brown-Nelson


100.00


103.57


2.80


4.00


102.37


Edith A. Wood-George T. Goldsmith


150.00


155.78


4.19


7.00


152.97


Pollie C. Grant-F. C. Grant Lot


150.00


155.50


4.19


7.00


152.69


Sarah Anderson-Moses Evans-Moses Hoyt Lot ..


100.00


103.25


2.80


4.00


102.05


Clara E. Patten-Patten Clement Lot


200.00


207.47


5.60


10.00


203.07


Byron Sargent


300.00


312.05


8.42


16.00


304.47


Alice Mercer


200.00


209.19


5.62


12.00


202.81


William Cleary


200.00


208.15


5.61


11.00


202.76


John A. Tidd


200.00


208.90


5.61


11.00


203.51


Nellie Newhall


200.00


208.87


5.61


11.00


203.48


Sadie Hopkins-J. Danforth


100.00


104.23


2.81


5.00


102.04


Charles A. Bacon


150.00


156.59


4.21


8.00


152.80


William D. Large


150.00


155.57


4.19


7.00


152.76


Maude Adams


200.00


208.29


5.61


11.00


202.90


Charles L. Waterhouse


100.00


103.68


2.80


5.00


101.48


The Olive S. Wilde Fund-Morse-Wilde


300.00


313.91


8.67


322.58


Mabel Bettors


150.00


155.51


4.19


7.00


152.70


Zenas Lovell


200.00


212.56


5.67


15.00


203.23


Parker Walton


200.00


214.36


5.69


17.00


203.05


Estate of William Tuckwell


200.00


211.95


5.65


14.00


203.60


Esther M. Gormley-Katherine Connor Lot


150.00


159.30


4.25


11.00


152.55


Henrietta Anderson-Samuel Goodwin Lot.


150.00


159.30


4.25


11.00


152.55


Anderson Heaton


50.00


52.90


1.41


3.00


51.31


Mary E. Chaff


100.00


106.78


2.84


8.00


101.62


Cora L. Wadleigh-D. Porter Wadleigh


150.00


158.44


4.33


3.00


159.77


Grace L. MacDonald-John Colman Lot


150.00


158.44


4.23


10.00


152.67


George Hosford


200.00


214.09


5.69


17.00


202.78


89


TOWN


OF


MERRIMAC


..


..


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1956


A. W. Chase


100.00


106.49


2.84


7.00


102.33


A. Merrill Howe


200.00


213.06


5.68


15.00


203.74


Luella Cunningham


200.00


211.89


5.65


14.00


203.54


Imogene Pettigrew


150.00


159.85


4.25


12.00


152.10


Frances and Bernard Bailey


150.00


159.05


4.25


11.00


152.30


Sybil A. Schiavoni


100.00


105.78


2.82


7.00


101.60


Mary C. Smith


200.00


212.73


5.67


15.00


203.40


Alberta Perreault


150.00


159.94


4.25


12.00


152.19


George W. J. Murphy


200.00


213.25


5.68


16.00


202.93


Harriet E. Cupples


500.00


533.68


14.36


30.00


518.04


Eva L. Lavalley


200.00


212.58


5.86


1.00


217.44


Isaiah S. McClure


100.00


106.63


2.95


9.00


100.58


Minnie Morrison, George M. Eaton, John E. Trull


200.00


211.60


5.84


17.00


200.44


Estate of J. E. Kemp


150.00


158.86


4.38


13.00


150.24


F. Leslie Viccaro


150.00


163.28


4.51


15.00


152.79


George E. Franklin


150.00


158.53


4.37


12.00


150.90


Stella Shorts


150.00


159.00


4.40


13.00


150.40


Gertrude L. Williams


200.00


213.05


5.89


18.00


200.94


William Lamb


35.00


37.27


1.02


3.00


35.29


Ellen G. Heath


400.00


423.44


11.72


35.00


400.16


Ernest P. Dill


300.00


319.37


8.83


28.00


300.20


Emma L. Randall


300.00


319.44


8.83


28.00


300.27


90


ANNUAL


REPORT


Rudolph J. & Vivian Woyvoda


200.00


214.35


5.92


20.00


200.27


William H. Churchill


200.00


212.90


5.88


18.00


200.78


The Ada Seymore Trust


50.00


54.08


1.48


5.00


50.56


Helen F. Lucv


300.00


318.05


8.80


26.00


300.85


Carleton C. Witham


200.00


211.72


5.84


17.00


200.56


Charles E. Colman


2.00.00


211.72


5.84


17.00


200.56


Albert Ellis


150.00


159.71


4.40


6.00


158.11


William Rowell and William Sayre


300.00


319.20


8.83


28.00


300.03


Ralph and Minnie Sargent


300.00


318.12


8.80


26.00


300.92


Pearle Kinney-Harry Kinney


200.00


212.05


5.86


17.00


200.91


Ida E. Cushing


300.00


318.52


8.80


27.00


300.32


George W. Earl


300.00


317.91


8.79


26.00


300.70


George W. Evans


300.00


317.91


8.79


326.70


Samuel Colby


100.00


109.06


3.01


112.07


Burton Colby


100.00


109.06


3.01


112.07


Nettie Morse


200.00


212.90


5.88


218.78


James T. Colgan


200.00


210.72


5.82


216.54


Kenneth and Marion Haskell


200.00


211.90


5.84


217.74


Clarence V. Huntress


300.00


317.34


8.77


326.11


Florence Lee


100.00


106.40


2.93


109.33


Charles Vincent


250.00


263.90


7.29


271.19


Francis MacDonald


150.00


157.92


4.36


162.28


Follansbee Nichols lot


300.00


315.59


8.72


324.31


Charles Odiorne


100.00


108.69


3.00


111.69


Bertha Clarke


300.00


315.98


8.73


324.71


E. D. Ovington


200.00


210.03


5.81


215.84


Bertha M. Wiggin


300.00


313.77


8.67


322.44


..


...


..


TOWN OF MERRIMAC


..


91


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1956


Will G. Sprague


200.00


212.65


5.88


218.53


Merrill I. Goldsmith


150.00


159.11


4.40


163.51


Dale W. Blackden


300.00


318.26


3.80


327.06


Stephen Kelley


200.00


210.74


5.82


216.56


Flora Clement


100.00


105.36


2.90


108.26


Heman W. Kelley


200.00


210.74


5.82


216.56


Mabel A. Bailey


200.00


210.74


5.82


216.56


Sylvia Hidden


50.00


52.43


1.45


53.88


Edwin H. Armstrong


600.00


625.08


17.29


642.37


Doris Connor


50.00


52.08


1.44


53.52


S. S. Thompson


300.00


310.42


8.58


319.00


Charles Staples


150.00


154.15


4.27


158.42


George Clough


300.00


308.31


8.53


316.84


Ada Calhoun


200.00


205.53


5.68


211.21


Ernest Hewson


300.00


307.61


8.50


316.11


Walter H. Sargent


200.00


204.14


5.64


209.78


P. Clyde Smith


200.00


201.83


5.57


207.40


Sally Winn


150.00


151.03


4.18


155.21


Harold Martin


400.00


400.00


9.21


409.21


92


ANNUAL


REPORT


New Bequests and Additions 1956


Mary Hughes


300.00


3.44


303.44


Thomas Wright


100.00


1.15


101.15


Mrs. Arthur Lockwood


200.00


200.00


$600.00


$52,814.96 $ 1,448.62 $ 1,376.00 $ 53,493.58


TOWN OF


MERRIMAC


93


RECAPITULATION


Balance January 1, 1956 $ 52,814.96


Income 1956


1,448.62


Bequests 1956


600.00


Total


$ 54,863.58


Withdrawals 1956


1,370.00


Balance, January 1, 1957


$ 53,493.58


94


ANNUAL REPORT


TOWN OF MERRIMAC


TRUST FUNDS


Cash in Custody of Town Treasurer $103,164.50


Stabilization Fund


$ 15,584.38


War Bonds Income


663.18


Library Funds


3,400.00


Thomas Hoyt Library Funds


26,866.17


Cemetery Perpetual Care Funds


53,493.58


Kimball Park Funds


3,157.19


$103,164.50


$103,164.50


PUBLIC SERVICE ENTERPRISE FUNDS


Balance Dec. 31, 1955


Interest


Added in 1956


Balance Dec. 31, 1956


Electric Light Depreciation


Provident Institution, Amesbury


.$ 4,057.83


$ 122.63


$


$ 4,180.46


Merrimac Savings Bank


13,037.48


350.77


5,018.87


18,407.12


$ 17,095.31


$ 473.40


$ 5,018.87


$22,587.58


95


PUBLIC LIBRARY


Added in 1956


Original Amount


Balance Dec. 31, 1955


Interest


Withdrawals Balance Dec. 31, 1956


Nichols Memorial Fund


$ 500.00


$ 500.00


$ 13.84


$ 13.84


500.00


James D. Whittier


457.07


500.00


13.84


13.84


500.00


D. J. Poore


500.00


500.00


13.84


13.84


500.00


A. E. Goodwin


200.00


200.00


5.53


5.53


200.00


Laura Patten


$500.00


500.00


500.00


17.28


17.28


1,000.00


Willie Colby


200.00


200.00


5.53


5.53


200.00


Dr. Henry J. Cushing


500.00


500.00


13.84


13.84


500.00


Thomas H. Hoyt


13,972.42


389.06


389.06


14,366.17


Added to Hoyt Fund Merrimac


393.75


Balances in Merrimac Savings Bank


$ 16,872.42


866.51


472.76


17,766.17


Haverhill Savings Bank-T. H. Hoyt Fund


5,000.00


150.00


150.00


5,000.00


Danvers Savings Bank-T. H. Hoyt Fund


7,500.00


243.75


243.75


7,500.00


$ 500.00


$ 29,372.42


$ 1,260.26


$


866.51


$ 30,266.17


RECAPITULATION


Balances Dec. 31, 1955


$ 29,372.42


Interest 1956


1,260.26


Added to Patten Fund 1956


500.00


31,132.68


Withdrawals


$ 866.51


Balances Dec. 31, 1956


$ 30,266.17


96


ANNUAL REPORT


KIMBALL PARK FUNDS


Balance Dec. 31, 1955


Interest


With- drawals


Balance Dec. 31, 1956


Amos Weed


.$ 2,079.51


$ 56.89


$ 50.00


$2,086.40


Judith Kimball


1,041.96


-28.83


$1,070.79


$ 3,121.47


- $ -85.72


$ 50.00


$3,157.19


POST WAR REHABILITATION FUND


Balance January 1, 1956


$ 645.32


Interest 1956


.


17.86


$ 663.18


STABILIZATION FUND


Balance December 31, 1955


$10,254.60


Interest 1956


329.78


Added To Fund In 1956


5,000.00


$15,584.38


TOWN OF


MERRIMAC


97


FINAL TRIAL BALANCE DECEMBER 31, 1956


ASSETS


LIABILITIES


Cash Balance


$110,353.10


Personal Property Tax 1952


$ 27.36


Cash Light Depreciation


22,587.58


Withholding Tax


1,860.83


Petty Cash Advance, Town Office


10.00


Resserve for Petty Cash Advances


160.00


Petty Cash Advance, Light & Water


125.00


Consumers Deposits


548.08


Petty Cash Advance, Tax Collector


25.00


County Taxes


114.21


Personal Property Taxes, 1954


985.78


Road Machinery


657.50


Real Estate Taxes, 1954


489.88


Overlay Surplus


833.09


Poll Taxes, 1955


10.00


Overlay 1953


552.67


Personal Property Taxes, 1955


2,105.28


Overlay 1955


403.00


Real Estate Taxes, 1955


6,665.01


Overlay 1956


5,134.71


Poll Taxes, 1956


100.00


Excise Revenue


4,122.49


Personal Property Taxes, 1956


1,164.70


Tax Title Revenue


9,792.21


Real Estate Taxes, 1956


25,783.39


Departmental Revenue


799.03


Excise, 1954


488.88


Light Revenue


3,679.28


Excise, 1955


1,194.21


Water Revenue


1,614.41


Excise, 1956


2,439.40


Special Tax Revenue


218.00


Tax Titles


7,383.03


State & County Aid to Highways Revenue


12,685.59


Tax Possessions


2,409.18


Purchase Regulators, Light Department


..


386.33


Welfare Accounts Receivable


95.43


Sale of Lots 1956


350.00


A. D. C. Accounts Receivable


347.70


Old Age Recovery Fund


9,767.40


Old Age Accounts Receivable


110.85


Surplus Revenue


96,038.90


Light Accounts Receivable, Light


3,491.13


Sale of Real Estate Fund


3,200.00


Light Accounts Receivable, Power


.......


50.26


School Athletics


58.70


98


ANNUAL REPORT


Light Accounts Receivable, Misc. 137.89


School Lunch


Cert. to Treas. Tax Title Foreclosure


Tailings Consumers Deposits 1.04.52


Highway Chapter 90, Construction


2,620.83


Disability Assistance U. S.


239.11


Disability Assistance Admx.


372.84


State & County Aid to Highways Accounts Receivable, Chapter 90


6,500.00


A. D. C. U. S.


43.39


State Parks & Reservations


246.42


A. D. C. Admx. U. S.


903.26


Essex County T. B. Hospital


524.19


Old Age U. S


1,664.92


Overlay 1940 - 1951


23.12


Old Age Admx. U. S.


2,625.22


Overlay 1952


107.16


Revaluation


936.78


Overlay 1954


606.53


Kimball Park


36.00


Veterans Benefits Accounts Receivable


65.05


Civil Defense


996.75


Water Extension, River Road


446.94


Water Extension, Birchmeadow Road


80.58


Water Extension, Emery Street


25.52


Water Extension, Ridgefield Road


868.37


Water Extension, Belmore Road


678.37


Light Maintenance, Operation & Debt


13,628.23


Light Depreciation Fund


22,587.58


Cemetery


76.16


$204,425.15


$204,425.15


TOWN OF


MERRIMAC


99


2,449.99 36.00


Water Accounts Receivable, Rates


1,293.74


Water Accounts Receivable, Misc.


320.67


State Aid to Highways Accounts Receivable, Chapter 81


6,185.59


100


ANNUAL REPORT


THE COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF CORPORATIONS AND TAXATION BUREAU OF ACCOUNTS STATE HOUSE, BOSTON 33


May 22, 1956


To the Board of Selectmen


Mr. George E. Lay, Chairman Merrimac, Massachusetts


Gentlemen:


I submit herewith my report of an audit of the books and accounts of the town of Merrimac for the fiscal year 1955, made in accordance with the provisions of Chapter 44, General Laws. : This is in the form of a report made to me by Mr. William Schwartz, Assistance Director of Accounts.


Very truly yours,


HERMAN B. DINE


HBD :TJP


Director of Accounts


Mr. Herman B. Dine


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 Merrimac for the fiscal year 1955, the following report being submitted thereon:


101


TOWN OF MERRIMAC


The financial transactions, as recorded on the books of the several departments receiving or disbursing money for the town or committing bills for collection, were ex- amined, checked, and verified by comparison with the records of the town accountant and the town treasurer.


The books and accounts in the town accountant's office were examined and checked in detail. The recorded receipts were checked with the treasurer's cash book and with the records of departmental payments to the treasur- er, while the recorded disbursements were checked with the treasury warrants and with the record of payments by the treasurer.


The appropriations and transfers, as listed from the town clerk's record of town meetings and from the records of the finance committee, were checked with the appro- priation accounts in the accountant's ledger.


The ledger accounts were analyzed, the necessary adjusting entries resulting from the audit were made, a trial balance was taken off, and a balance sheet, which is appended to this report, was prepared showing the financial condition of the town on December 31, 1955.


The books and accounts of the town treasurer were examined and checked. The receipts, as recorded, were analyzed and compared with the records of payments to the treasurer by the several departments and with other sources from which the town received money, while the recorded payments were compared with the selectmen's warrants and with the accountant's books.


The cash book was footed, and the cash balance on February 11, 1956 was. verified by reconciliation of the bank balances with statements furnished by the banks in which town funds are deposited, by examination of the savings bank books, and by actual count of the cash in the office.


102


ANNUAL REPORT


The payments on account of maturing debt and inter- est were verified by comparison with the amounts falling due and with the cancelled securities and coupons on file.


The savings bank books representing the investments of the several trust and investment funds in the custody of the town treasurer were personally examined and listed. The income was proved, and all transactions and balances were verified and checked with the books of the town accountant.


The tax titles and tax possessions held by the town were listed from the records of the treasurer, and all transactions pertaining thereto were verified, including a comparison with the records at the Registry of Deeds.


It is urged that action be taken to foreclose the rights of redemption on all tax titles held for over two years, in accordance with the provisions of Section 50, Chapter 60, General Laws.


The books and accounts of the tax collector were examined and checked. The taxes and motor vehicle and trailer excise outstanding according to the previous examination, as well as all subsequent commitment lists, were audited and reconciled with the warrants issued for their collection.


The recorded receipts were checked with the pay- ments to the treasurer and with the accountant's books, the abatements as recorded were compared with the assessors' records of abatements granted, and the out- standing accounts were listed and proved with the account- ant's ledger controls.


The collector's cash books were footed, and the cash balance on February 11, 1956, including the petty cash advance, was verified by actual count of the cash in the office and by reconciliation of the bank balance with a statement furnished by the bank of deposit.


102


TOWN OF MERRIMAC


It is recommended that prompt action be taken to obtain settlement of the delinquent tax and motor vehicle and trailer excise accounts.


The books and accounts of the municipal light and water departments were examined and checked. An analysis was made of the charges, collections, abatements, etc .; the recorded payments to the treasurer were com- pared with the treasurer's and the accountant's books; the outstanding accounts were listed and proved; and the cash balance on February 11, 1956 was verified by actual count of the cash in the office.


Verification notices were mailed to a number of per- sons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the outstanding tax and departmental accounts, as listed, are correct.


The records of departmental cash collections by the selectmen, the town clerk, the sealer of weights and measures, as well as by the police, health, school, library, and cemetery departments, and by all other departments in which money was collected for the town, were examined and checked. The payments to the State and to the town treasurer were verified and the cash on hand in the several departments was proved by actual count.


The surety bonds of the financial officials bonded for the faithful performance of their duties were examined and found to be in proper form.


In addition to the balance sheet, there are appended to this report tables showing reconciliations of the various cash accounts, summaries of the tax, tax title, tax posses- sion, and departmental accounts, as well as schedules showing the condition and transactions of the several trust and investment accounts.


104


ANNUAL REPORT


For the cooperation extended by all town officials during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation.


Respectfully submitted, WILLIAM SCHWARTZ Assistant Director of Accounts


WS:TJP


TOWN OF MERRIMAC Balance Sheet - December 31, 1955 GENERAL ACCOUNTS


ASSETS


LIABILITIES AND RESERVES


Payroll Deductions:


General,


$110,011.17


Special :


Municipal Light Dep.


17,095.31


Advances for Petty :


Municipal Light.


$


408.08


Town Office, $ 10.00


Tailings:


Tax Collector,


25.00


Electric Light and Water


Department, 125.00


-$ 160.00


Accounts Receivable:


Taxes :


Levy of 1940:


Disability Assistance :


Real Estate, . $ 2.00


Administration, .$ 309.43


Levy. of 1941:


Real . Estate,


1.84


Assistance,


675.26


Levy of 1943:


Aid to Dependent Children :


Real Estate,


1.80


· Administration, 770.70


Levy of 1944:


Real Estate,


1.72


Aid,


1,710.56


105


TOWN OF MERRIMAC


$ 104.52


Recoveries :


Old Age Assistance,


$


500.00


Federal Grants:


Cash:


Federal Taxes,


$ 1,589.29


Guarantee Deposits:


Unclaimed Checks, Etc.


STATE AUDITOR'S REPORT (Continued)


Levy of 1945: Real Estate, 1.68


Levy of 1946:


Assistance, 6,539.29


$ 12,940.24


Revolving Funds:


School Lunch, 4,331.99


School Athletics, 64.75


GA


4,396.74


Appropriation Balances:


Revenue:


General, $ 3,761.31


Municipal Light:


Maintenance & Operation, 8,174.09


Levy of 1951:


Real Estate,


2.56


Levy of 1952:


Personal Property, 164.92


Levy of 1953:


Personal Property, 1,903.30


Real Estate,


451.50


Levy of 1954:


Personal Property, 2,838.77


Real Estate, 7,114.19


Old Age Assistance:


Administration, 2,935,00


Real Estate, 1.88


Levy of 1947: Real Estate, 2.40


Levy of 1948: Real Estate, 2.40


Levy of 1949: Real Estate,


2.36


Levy of 1950: Real Estate, 2.48


Depreciation,


17,095.31


Water:


Construction & Extension,


2,706.26


Non-Revenue (Loan Balances) : Municipal Light: Equipment, 561.63


Water: . Construction & Extension, 561.61


$ 32,860.21


106


ANNUAL REPORT


Levy of 1955:


Poll,


82.00


Personal Property, 4,767.48


Real Estate, 24,096.56


$ 41,441.84


Motor Vehicle and Trailer Excise:


Levy of 1952, 322.08


Levy of 1953,


661.93


Levy of 1954,


1,169.02


Levy of 1955, 314.51


$ 2,467.54


Special Taxes:


Estates of Deceased Persons 218.00


Tax Titles and Possessions :


Tax Titles, $ 6,200.58


Tax Possessions,


2,409.18


-$ 8,609.76


Departmental:


General Relief,


63.43


Aid to Dependent Children, ..


1,125.25


Old Age Assistance,


110.85


Veterans' Services,


33.00


$ 1,332.53


Municipal Light:


Rates,


$ 3,469.56


Miscellaneous,


242.73


-$ 3,712.29


Overestimates 1955 Assessments: State:


Recreation Areas, ..... ...


53.32


County Tuberculosis Hospital,


74.18


$ 127.50


Sale of Real Estate Fund, ....


$ 3,200.00 400.00 Sale of Cemetery Lots Fund, CA


Receipts Reserved for Appropriations:


Road Machinery,


$


1,037.23


Reserve Fund - Overlay Surplus, $


833.09


Overlays Reserved for Abatements:


Levy of 1953, 906.17


Levy of 1955, 714.36 -$


1,620.53


Revenue Reserved Until Collected:


Motor Vehicle and Trailer


Excise, $ 2,467.54


Special Tax, 218.00


Tax Title and Possession, 8,609.76


Departmental,


1,332.53


Municipal Light, 3,712.29


Water, 2,760.43


Aid to Highway, 12,843.33


31,943.88


107


TOWN


OF


MERRIMAC


·


STATE AUDITOR'S REPORT (Continued)


Water:


Rates, $ 2,097.98


Miscellaneous, 662.45 -- $ 2,760.43


Reserve for Petty Cash Advances,


$


160.00


Surplus Revenue,


$109,541.36


Aid to Highways:


State, $ 10,843.33


County, 2,000.00


-$ 12,843.33


Unprovided for or Overdrawn Accounts:


Underestimates 1955:


County Tax,


$


147.84


Overlay Deficit:


Levy of. 1954,


862.63


$201,662.67


$201,662.67


108


ANNUAL


REPORT


DEBT ACCOUNTS


Net Funded or Fixed Debt:


Inside Debt Limit:


General,


$ 31,000.00


Outside Debt Limit:


General,


$240,000.00


Public Service Enterprise,


34,000.00


-$274,000.00


Serial Loans:


Inside Debt Limit:


General :


School,


$ 31,000.00


Outside Debt Limit :


General :


School,


$240,000.00


Public Service Enterprise :


Municipal Light,


12,000.00


Water,


22,000.00


$274,000.00


$305,000.00


$305,000.00


TOWN OF MERRIMAC


109


TRUST AND INVESTMENT ACCOUNTS


Trust and Investment Funds :


Cash and Securities:


In Custody of Treasurer,


$ 96,208.77


In Custody of Treasurer:


Library Funds :


Willie Colby, $ 200.00


Dr. Harry J. Cushing, 500.00


A. E. Goodwin, 200.00


Thomas H. Hoyt,


26,472.42


Nichols Memorial,


500.00


Laura Patten, 500.00


D. J. Poore,


500.00


James D. Whittier,


500.00


$ 29,372.42


Park Funds:


Judith Kimball,


$


1,041.96


Amos Weed, 2,079.51 -$


3,121.47


Cemetery Perpetual Care


Funds,


$ 52,814.96


Investment Funds :


Post-War, .$ 645.32


Stabilization,


10,254.60




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