Town Annual Report of the Officers of the Town of Merrimac 1957, Part 4

Author: Merrimac (Mass.)
Publication date: 1957
Publisher: Merrimac (Mass.)
Number of Pages: 186


USA > Massachusetts > Essex County > Merrimac > Town Annual Report of the Officers of the Town of Merrimac 1957 > 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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304.18


9.06


13.00


300.24


Fred W. Mathison


100.00


103.27


3.05


6.00


100.32


Minnie A. Chapman-Judson Webster Lot


125.00


127.24


3.79


6.00


125.03


Frederick W. Carter


200 00


203.56


6.05


9.00


200.61


Ethel A. Goodwin-Charles Goodwin Lot


200.00


203.00


6.05


9.00


200.05


ANNUAL REPORT


86


..


..


....


...


Lucy J. Bagley- Mrs. Clarence Bagley Lot


100.00


102.99


3.03


6.00


100.02


Samuel W. Condon


400.00


405.70


12.08


17.00


400.78


Samuel L. Porter-Joseph Porter Lot


150.00


152.26


4.53


6.00


150.79


Benjamin B. Wood


200.00


203.02


6.05


9.00


200.07


May Belle Brown


100.00


103.38


3.05


6.00


100.43


Norman M. Hunter-A. Goodwin Lot


200.00


203.20


6.05


9.00


200.25


Ida C. Tobey


100.00


102.86


3.03


5.00


100.89


John E. Bean


75.00


77.36


2.29


4.00


75.65


Marv F. Tuxbury


150.00


152.32


4.53


6.00


150.85


Maud G. Carter


100.00


103.01


3.05


6.00


100.06


Georgia G. Patten-Hayden Patten Lot


100.00


101.57


3.02


4.00


100.59


Frank Glines-Glines-Bartlett


150.00


152.57


4.53


7.00


150.10


William Evans-Lucien Chapin Lot


50.00


51.91


1.52


3.00


50.43


William Dwyer


50.00


50.82


1.50


2.00


50.32


Delma Black, Adelina T. Jones Lot


100.00


102.87


3.03


5.00


100.90


Ruth Hargraves


100.00


103.08


3.05


6.00


100.13


Jennie Chase-Moses Stevens Lot


100.00


101.79


3.02


4.00


100.81


Richard E. Sargent-E. Fieldsend Lot


100.00


101.74


3.02


4.00


100.76


Richard E. Sargent


125.00


128.69


3.80


7.00


125.49


Eva J. Grant


100.00


101.75


3.02


4.00


100.77


Clara Foster-John Foster Lot


200.00


203.23


6.05


9.00


200.28


Jeannette E. Whittier-Wendell B. Whittier


150.00


152.72


4.53


7.00


150.25


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


..


150.00


152.15


4.53


6.00


150.68


William S. Tuckwell-Newton Tuckwell Lot


50.00


51.41


1.52


2.00


50.93


William S. Tuckwell-S. S. Tuckwell Lot


50.00


51.41


1.52


2.00


50.93


Abbie W. Sargent -- Alexander Smart Lot


225.00


229.04


6.82


10.00


225.86


Francis P. Clement


200.00


202.75


6.03


8.00


200.78


Wilbur H. Colby-Joseph Colby Lot


200.00


203.50


6.05


9.00


200.55


TOWN


OF


MERRIMAC


87


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1957


Katherine F. MacMasters


150.00


152.95


4.53


7.00


150.48


Louise A. Thacher


200.00


203.06


6.05


9.00


200.11


Willie Colby-Warren Colby Lot


100.00


102.87


3.03


5.00


100.90


Willie Colby-William H. Colby Lot


100.00


102.82


3.03


5.00


100.85


Alice E. Purdy


150.00


152.79


4.53


7.00


150.32


John S. Poyen


500.00


507.49


15.11


22.00


500.60


Anna Bird ..


200.00


203.23


6.05


9.00


200.28


Pearl M. Stevens


150.00


152.54


4.53


7.00


150.07


Fred O. Bailey


200.00


203.41


6.05


9.00


200.46


Charles L. Waterhouse


150.00


152.79


4.53


7.00


150.32


Sarah K. Noyes


100.00


102.95


3.03


5.00


100.98


Clarence W. Crosby


150.00


152.30


4.53


6.00


150.83


Donald E. Stevens-Charles Stevens Lot


300.00


304.96


9.06


14.00


300.02


Edith E. Wood-James Wood Lot


150.00


152.97


4.53


7.00


150.50


Augustus N. Parry-John and Louise Elliott


100.00


103.00


3.05


6.00


100.05


Dustin Hall and B. Frost


400.00


406.35


12.09


18.00


400.44


Charles L. Waterhouse-Almon Waterhouse Lot


150.00


152.68


4.53


7.00


150.21


Charles L. Waterhouse-Moses Sargent Lot


150.00


152.30


4.53


6.00


150.83


Leon L. Dow


200.00


203.04


6.05


9.00


200.09


Harry W. Bailey-Richard Bailey


200.00


203.18


6.05


9.00


200.23


ANNUAL REPORT


88


George S. Nelson - Brown- Nelson


100.00


102.37


3.03


5.00


100.40


Edith A. Wood-George T. Goldsmith


150.00


52.97


4.53


7.00


150.50


Pollie C. Grant- F. C. Grant Lot


150.00


152.69


1.53


7.00


150.22


Sarah Anderson-Moses Evans-Moses Hoyt Lot


100.00


102.05


3.03


5.00


100.08


Clara E. Patten-Patten Clement Lot


200.00


203.07


6.05


9.00


200.12


Byron Sargent


300.00


304.47


9.06


13.00


300.53


Alice Mercer


200.00


202.81


6.03


8.00


200.84


William Cleary


200.00


202.76


6.03


8.00


200.79


John A. Tidd


200.00


203.51


6.05


9.00


200.56


Nellie Newhall


200.00


203.48


6.05


9.00


200.53


Sadie Hopkins-J. Danforth


100.00


102.04


3.03


5.00


100.07


Charles A. Bacon


150.00


152.80


4.53


7.00


150.33


William D. Large


150.00


152.76


4.53


7.00


150.29


Maude Adams


200.00


202.90


6.03


8.00


200.93


Charles L. Waterhouse


100.00


101.48


3.02


4.00


100.50


The Olive S. Wilde Fund-Morse-Wilde


300.00


322.58


9.33


31.00


300.91


Mabel Bettors


Bequest $100.00


150.00


152.70


5.59


8.00


250.29


Zenas Lovell


200.00


203.23


6.05


9.00


200.28


Parker Walton


200.00


203.05


6.05


9.00


200.10


Estate of William Tuckwell


200.00


203.60


6.05


9.00


200.65


Esther M. Gormley-Katherine Connor Lot


150.00


152.55


4.53


7.00


150.08


Henrietta Anderson-Samuel Goodwin Lot.


150.00


152.55


4.53


7.00


150.08


Anderson Heaton


50.00


51.31


1.52


2.00


50.83


Mary E. Chaff


100.00


101.62


3.02


4.00


100.64


Cora L. Wadleigh-D. Porter Wadleigh


150.00


159.77


4.64


14.00


150.41


Grace L. MacDonald-John Colman Lot


150.00


152.67


4.53


7.00


150.20


George Hosford


200.00


202.78


6.03


8.00


200.81


89


TOWN OF MERRIMAC


..


.


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1957


A. W. Chase


100.00


102.33


3.03


5.00


100.36


A. Merrill Howe


200.00


203.74


6.05


9.00


200.79


Luella Cunningham


200.00


203.54


6.05


9.00


200.59


Imogene Pettigrew


150.00


152.10


4.53


6.00


150.63


Frances and Bernard Bailey


150.00


152.30


4.53


6.00


150.83


Sybil A. Schiavoni


100.00


101.60


3.02


4.00


100.62


Mary C. Smith


200.00


203.40


6.05


9.00


200.45


Alberta Perreault


150.00


152.19


4.53


6.00


150.72


George W. J. Murphy


200.00


202.93


6.03


8.00


200.96


Harriet E. Cupples


500.00


518.04


15.27


33.00


500.31


Eva L. Lavalley


200.00


217.44


6.26


23.00


200.70


Isaiah S. McClure


100.00


100.58


3.00


3.00


100.58


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


200.00


200.44


6.00


6.00


200.44


Estate of J. E. Kemp


150.00


150.24


4.50


4.00


150.74


F. Leslie Viccaro


150.00


152.79


4.53


7.00


150.32


George E. Franklin


150.00


150.90


4.50


5.00


150.40


Stella Shorts


150.00


150.40


4.50


4.00


150.90


Gertrude L. Williams


200.00


200.94


6.00


6.00


200.94


William Lamb


35.00


35.29


1.06


1.00


35.35


Ellen G. Heath


400.00


400.16


12.00


12.00


400.16


Ernest P. Dill


300.00


300.20


9.00


9.00


300.20


Emma L. Randall


300.00


300.27


9.00


9.00


300.27


..


ANNUAL REPORT


90


Rudolph J. & Vivian Woyvoda


200.00


200.27


6.00


6.00


200.27


William H. Churchill


200.00


200.78


6.00


6.00


200.78


The Ada Seymore Trust


50.00


50.56


1.50


2.00


50.06


Helen F. Lucv


300.00


300.85


9.00


9.00


300.85


Carleton C. Witham


200.00


200.56


6.00


6.00


200.56


Charles E. Colman


200.00


200.56


6.00


6.00


200.56


Albert Ellis


150.00


158.11


4.62


12.00


150.73


William Rowell and William Sayre


300.00


300.03


9.00


9.00


300.03


Ralph and Minnie Sargent


300.00


300.92


9.00


9.00


300.92


Pearle Kinney-Harry Kinney


200.00


200.91


6.00


6.00


200.91


Ida E. Cushing


300.00


300.32


9.00


9.00


300.32


George W. Earl


300.00


300.70


9.00


9.00


300.70


George W. Evans


300.00


326.70


9.39


36.00


300.09


Samuel Colby ..


100.00


112.07


3.18


15.00


100.25


Burton Colby


100.00


112.07


3.18


15.00


100.25


Nettie Morse


200.00


218.78


6.27


25.00


200.05


James T. Colgan


200.00


216.54


6.24


22.00


200.78


Kenneth and Marion Haskell


200.00


217.74


6.26


24.00


200.00


Clarence V. Huntress


300.00


326.11


9.39


35.00


300.50


Florence Lee


100.00


109.33


3.14


12.00


100.47


Charles Vincent


250.00


271.19


7.82


29.00


250.01


Francis MacDonald


150.00


162.28


4.68


16.00


150.96


Follansbee Nichols lot


300.00


324.31


9.36


33.00


300.67


Charles Odiorne


100.00


111,69


3.17


14.00


100.86


Bertha Clarke


300.00


324.71


9.36


34.00


300.07


E. D. Ovington


200.00


215.84


6.23


22.00


200.07


Bertha M. Wiggin


300.00


322.44


9.33


31.00


300.77


TOWN OF


MERRIMAC


91


..


..


CEMETERY PERPETUAL CARE FUNDS-(Continued)


Original Deposit


Balance Beginning of year


Income


With- drawn or Expended


Balance Dec. 31 1957


Will G. Sprague


200.00


218.53


6.27


24.00


200.80


Merrill I. Goldsmith


150.00


163.51


4.70


18.00


150.21


Dale W. Blackden


300.00


327.06


9.41


36.00


300.47


Stephen Kelley


200.00


216.56


6.24


22.00


200.80


Flora Clement


100.00


108.26


3.12


11.00


100.38


Heman W. Kelley


200.00


216.56


6.24


22.00


200.80


Mabel A. Bailey


200.00


216.56


6.24


22.00


200.80


Sylvia Hidden


50.00


53.88


1.55


5.00


50.43


Edwin H. Armstrong


600.00


642.37


18.63


61.00


600.00


Doris Connor


50.00


53.52


1.55


5.00


50.07


S. S. Thompson


300.00


319.00


9.29


28.00


300.29


Charles Staples


150.00


158.42


4.62


13.00


150.04


George Clough


300.00


316.84


9.24


26.00


300.08


Ada Calhoun


200.00


211.21


6.17


17.00


200.38


Ernest Hewson


300.00


316.11


9.24


25.00


300.35


Walter H. Sargent


200.00


209.78


6.14


15.00


200.92


P. Clyde Smith


200.00


207.40


6.11


13.00


200.51


Sally Winn


150.00


155.21


4.58


9.00


150.79


Harold Martin


400.00


409.21


12.14


21.00


400.35


92


ANNUAL REPORT


Mary Hughes


300.00


303.44


9.16


12.00


300.60


Thomas Wright


100.00


101.15


3.05


4.00


100.20


Mrs. Arthur Lockwood


200.00


200.00


5.03


5.00


200.03


New Bequests and Additions 1957


C. W. Streeter


200.00


4.52


4.00


200.52


C. R. Howe


200.00


4.52


4.00


200.52


Alfred M. Lake


300.00


6.02


6.00


300.02


Mabel Bettors


added to old fund


100.00


Francis Beckford


300.00


3.00


3.00


300.00


A. Palmer & F. Hargraves


200.00


2.00


2.00


200.00


J. Duncan Howe


300.00


2.25


2.00


300.25


John Hughes


200.00


1.50


1.00


200.50


E. A. & A. H. Metcalf


200.00


1.00


1.00


200.00


Walter Downing


50.00


50.00


Muriel J. Harkins


50.00


50.00


Alfred Bailey


200.00


200.00


John B. Judkins lot


.added to old funds


150.00


150.00


William Sutherland


200.00


200.00


Walter Killian


100.00


100.00


$ 53,493.58 $ 1,609.37 $ 2,812.00 $55,040.95


TOWN OF


MERRIMAC


93


RECAPITULATION


Balance January 1, 1957 $ 53,493.58


Added to Funds 1957 Old Accounts


250.00


Bequests 1957


2,500.00


Interest Income 1957


1,609.37


$ 57,852.95


Withdrawals 1957


2,812.00


$ 55,040.95


94


ANNUAL REPORT


TRUST FUNDS


Cash in Custody of Town Treasurer ...... $110,729.59


Stabilization Fund


$ 16,055.41


War Bonds Income


683.23


Library Funds 3,100.00


Thomas Hoyt Library Funds


27,272.42


Cemetery Perpetual Care Funds 55,040.95


Kimball Park Funds 3,202.58


Merrimac School Renovations or Additions .. 5,075.00


$110,729.59


$110,729.59


PURCHASE BONDS FOR MERRIMAC SCHOOL RENOVATIONS OR ADDITIONS


Purchase In 1957


$ 5,000.00


Interest 1957


75.00


$ 5,075.00


PUBLIC SERVICE ENTERPRISE FUNDS Balance Dec. 31, 1956 Interest


Added in 1957


Balance Dec. 31, 1957


Electric Light Depreciation


Provident Institution Amesbury


.$ 4,180.46


$ 126.35


$


$ 4,306.81


Merrimac Savings Bank


18,407.12


556.36


5,405.67


24,369.15


$ 22,587.58


$ 682.71


$ 5,405.67


$28,675.96


TOWN OF


MERRIMAC


95


PUBLIC LIBRARY


Added in 1957


Original Amount


Balance Dec. 31, 1956


Interest


Withdrawals


Balance Dec. 31, 1957


Nichols Memorial Fund


500.00


$ 500.00


$ 15.11


$ 15.11


$ 500.00


James D. Whittier


457.07


500.00


15.11


15.11


500.00


D. J. Poore


500.00


500.00


15.11


15.11


500.00


A. E. Goodwin


200.00


200.00


6.05


6.05


200.00


Laura Patten


1,000.00


1,000.00


30.23


30.23


1,000.00


Willie Colby


200.00


200.00


6.05


6.05


200.00


Dr. Henry J. Cushing


500.00


500.00


15.11


15.11


500.00


Thomas H. Hoyt


14,366.17


436.11


436.11


14,772.42


Added to Hoyt Fund Merrimac


406.25


Balances in Merrimac Savings Bank


$ 17,766.17


$ 945.13


538.88


$ 18,172.42


Haverhill Savings Bank-T. H. Hoyt Fund


5,000.00


162.50


162.50


5,000.00


Danvers Savings Bank-T. H. Hoyt Fund


7,500.00


243.75


243.75


7,500.00


$ 30,266.17


$ 1,351.38


945.13


$ 30,672.42


RECAPITULATION


Balance Dec. 31, 1956 Interest 1957


$ 30,266.17


1,351.38


$ 31,617.55


Withdrawals


$ 945.13


Balances Dec. 31, 1957


$ 30,672.42


96


ANNUAL REPORT


KIMBALL PARK FUNDS


Balance Dec. 31, 1956


Interest


With- drawals


Balance Dec. 31, 1957


Amos Weed


$ 2,086.40


$ 63.05


$ 50.00


$2,099.45


Judith Kimball


1,070.79


32.34


1,103.13


$ 3,157.19


$ 95.39


$


50.00


$3,202.58


POST WAR REHABILITATION FUND


Balance January 1, 1957


$ 663.18


Interest 1957


.


20.05


Balance December 31, 1957


$ 683.23


STABILIZATION FUND


Balance December 31, 1956


$ 15,584.38


Interest 1957


471.03


Balance December 31, 1957


$ 16,055.41


TOWN


OF


MERRIMAC


97


FINAL TRIAL BALANCE DECEMBER 31, 1957


ASSETS


LIABILITIES


Cash Balance


$112,995.30


Reserves for Petty Cash Advances


$ 160.00


Cash Light Depreciation


28,675.96


Consumers Deposits


418.08


Petty Cash Advance, Town Office


10.00


Road Machinery


629.50


Petty Cash Advance, Light & Water


125.00


Overlay Surplus


1,385.76


Petty Cash Advance, Tax Collector


25.00


Overlay 1952


27.36


Personal Property Taxes, 1954


455.10


Overlay 1956


330.62


Poll Taxes, 1955


2.00


Excise Revenue


15,052.07


Personal Property Taxes, 1955


540.00


Tax Title Revenue


11,494.68


Real Estate Taxes, 1955


114.25


Departmental Revenue


463.51


Poll Taxes, 1956


22.00


Light Revenue


4,205.14


Personal Property Taxes, 1956


1,536.99


State & County Aid to Highways Revenue


8,152.34


Real Estate Taxes, 1956


2,175.99


Water Revenue


1,427.22


Poll Taxes, 1957


200.00


Sale of Lots 1957


975.00


Personal Property Taxes, 1957


2,182.61


Old Age Recovery Fund


5,055.00


Real Estate Taxes, 1957


23,461.36


Surplus Revenue


86,610.87


Excise, 1954


489.30


Sale of Real Estate Fund


3,200.00


Excise, 1955


985.29


School Athletics


170.05


Excise, 1956


1,593.34


School Lunch


1,749.91


Excise, 1957


11,984.14


Cert. to Treas. Tax Title Foreclosure ..


36.00


Tax Titles


8,683.11


Tailings Consumers Deposits


104.52


Tax Possessions


2,811.57


Overlay 1957


9,567.45


Welfare Accounts, Receivable


95.43


Excise Cancellations


2.00


A. D. C. Accounts Receivable


257.23


Legal Suits & Expenses


360.00


98


ANNUAL REPORT


Old Age Accounts Receivable 110.85


Highway Chapter 90, Construction


14,620.83


Light Accounts Receivable, Light 3.965.03


Disability Assistance U. S. 607.05


Light Accounts Receivable, Power


50.26


Disability Assistance Admx. 449.46


A. D. C. U. S.


537.83


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


934.48


Old Age U. S.


3,811.17


Old Age Admx. U. S.


2,434.18


State Aid to Highways Accounts Receivable, Chapter 81


5,686.72


Library


245.79


Kimball Park


45.98


State & County Aid to Highways Accounts Receivable, Chapter 90


2,465.62


Civil Defense


1,165.13


State Parks & Reservations


37.19


Light Maintenance, Operation & Debt 10,392.61


County Taxes


1,276.06


Light Depreciation Fund 28,675.96


Essex County T. B. Hospital


204.90


Overlay 1954


45.88


Overlay 1955


400.72


Farm Animal Excise


216.28


$215,497.55


$215,497.55


TOWN OF


MERRIMAC


99


Light Accounts Receivable, Misc.


189.85


Water Accounts Receivable, Rates


1,037.55


Water Accounts Receivable, Misc.


389.67


100


ANNUAL REPORT


THE COMMONWEALTH OF MASSACHUSETTS


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


June 24, 1957


To the Board of Selectmen


Mr. Ralph L. Buzzell, 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 1956, 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, Assistant Director of Accounts.


Very truly yours, HERMAN B. DINE


Director of Accounts


HBD :MMH


Mr. Herman B. Dine.


Director ofAccounts


Department of Corporations and Taxation


State House, Boston Sir:


In accordance with your instructions, I have made an audit of the books and accounts of the town of Merrimac for the fiscal year 1956, and submit the following report thereon:


101


TOWN OF MERRIMAC


An examination and verification was made of the recorded financial transactions of the town, as shown on the books of the departments receiving or disbursing money or committing bills for collection.


The books and accounts of the town accountant were examined and checked. The cash receipts, as recorded, were checked with the departmental records and with the treasurer's books, while the payments were compared with the treasury warrants and the treasurer's records.


The ledgers were analyzed, the appropriation ac- counts were checked with the amounts voted by the town as shown on the town clerk's record of town meet- ings, and the recorded transfers from the reserve fund were compared with the amounts authorized by the finance committee, while other accounts were checked with the records of the various departments in which the transactions originated.


A trial balance was taken off, and a balance sheet showing the financial condition of the town on December 31, 1956 was prepared and is appended to this report.


The books and accounts of the town treasurer were examined and checked. The recorded receipts were analyzed and verified by comparison with the records in the several departments collecting money for the town, with other sources from which money was paid into the town treasury, and with the town accountant's books The payments, as entered, were checked with the select- men's warrants authorizing the disbursement of town funds and with the records of the town accountant.


The cash book was footed, and the cash balance on February 16, 1957 was verified by reconciliation of the bank balances with statements furnished by the banks of deposit, by examination of the savings bank books, and by actual count of the cash in the office.


102


ANNUAL REPORT


The reported payments on account of maturing debt and interest were compared with the amounts falling due and with the cancelled securities and coupons on file. The bond and coupon accounts were reconciled with state- ments furnished by the banks of deposit.


The transactions of the trust and investment funds in the custody of the town treasurer were verified, and the savings bank books representing the investment of these funds were personally examined and listed.


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.


The books and accounts of the tax collector were examined and checked. The poll, personal property, and real estate taxes, and motor vehicle and trailer excise out- standing according to the previous examination, as well as all subsequent commitments, were verified and checked with the assessors' warrants issued for their collection. The payments to the treasurer were verified, the recorded abatements were compared with the assessors' records of abatements granted, and the outstanding accounts were listed and reconciled with the controlling ledger accounts.


The books and accounts of the municipal light and water departments were examined and checked. The re- corded receipts were checked with the payments to the treasurer and with the accountant's books, the abatements and discounts, as entered, were checked with the depart- mental records of abatements and discounts granted, the outstanding accounts were listed and proved, and the cash balances on February 16, 1957 were verified by actual count of the cash in the office.


103


TOWN OF MERRIMAC


Further verification of the outstanding tax and de- partmental accounts was made by mailing notices to a number of persons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the accounts, as listed, are correct.


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


The surety bonds on file for the several town officials for the faithful performance of their duties were examin- ed and found to be in proper form.


Appended to this report, in addition to the balance sheet, are tables showing reconciliations of the several cash accounts, summaries of the tax, tax title, and depart- mental accounts, as well as schedules showing the condit- ion and transactions of the several trust and investment funds.


While engaged in making the audit cooperation was received from all town officials, for which, on behalf of my assistants and for myself, I wish to express appreciat- ion.


Respectfully submitted,


WILLIAM SCHWATZ


WS:MMH


Assistant Director of Accounts


TOWN OF MERRIMAC Balance Sheet - December 31, 1956 GENERAL ACCOUNTS


ASSETS


LIABILITIES AND RESERVES


Cash:


Payroll Deductions:


General,


$110,353.10


Federal Taxes,


$ 1,860.83


Special :


Guarantee Deposits : Municipal Light,


$


548.08


Advances for Petty :


Tailings:


Unclaimed Checks, Etc., ..


$


104.52


Tax Collector,


25.00


Trust Fund Income: Kimball Park,


$


36.00


Water Department, ....


125.00


Recoveries :


Old Age Assistance, ..


$


4,582.05


Accounts Receivable:


Taxes:


Levy of 1952:


Administration, EA 372.84


Personal Property,


....


CA 7.60


Levy of 1954:


Aid to Dependent Children :


Personal Property,


985.78


Administration,


903.26


Real Estate,


463.24


Aid,


43.39


Levy of 1955:


Old Age Assistance:


Poll,


10.00


Administration,


2,625.22


Personal Property,


2,088.00


Assistance,


4,042.19


Real Estate,


6,650.61


-$ 8,226.01


104


ANNUAL REPORT


Municipal Light Dep., ....


22,587.58


Town Office, $ 10.00


Electric Light and


CA


160.00


Federal Grants: Disability Aid:


Aid,


239.11


..


Levy of 1956:


Revolving Funds:


Poll,


70.00


Personal Property, 1,987.44


Real Estate, 26,082.89


$ 38,345.56


Motor Vehicle and Trailer Excise:


Levy of 1954, $ 489.30


Levy of 1955,


1,194.21


Levy of 1956,


2,405.63


-$ 4,089.14


Tax Titles and Possessions:


Tax Titles, . $ 7,383.03


Tax Possessions,


2,409.18


-$ 9,792.21


Departmental:


General Relief, .$ 95.43


Aid to Dependent Children, .. 347.70


Old Age Assistance,


110.85


Veterans' Services,


65.05


EA


619.03


Municipal Light:


Rates,


$ 3,541.39


Miscellaneous,


139.92


GA


3,681.31


Water:


Rates,


$ 1,293.74


Levy of 1955, $ 371.32


Miscellaneous,


320.67


Levy of 1956,


5,874.60


-$ 1,614.41


Appropriation Balances:


Revenue :


General, ef 4,666.52


Municipal Light: Maintenance & Operation. 13,628.23


Depreciation, 22,587.58


Water:


Construction & Extension, 2,074.26


Non-Revenue (Loan Balances) : Municipal Light: Equipment, 386.33


Water:


Construction & Extension, 25.52


$ 43,368.44


Overestimates 1956:


County Tax,


$


114.21


Sale of Real Estate Fund,


3,200.00


Sale of Cemetery Lots Fund, S 350.00


Receipts Reserved for Appropriations :


$ Road Machinery, Reserve Fund - Overlay Suplus, CA


657.50


1,385.76


Overlay Reserved for Abatements:


-$ 6,245.92


105


TOWN


OF


MERRIMAC


School Lunch, .Ş 2,449.99


School Athletics, 58.70


-$ 2,508.69


STATE AUDITOR'S REPORT (Continued)


Aid to Highways:


State,


10,685.59


County,


-$ 12,685.59


Unprovided For or Overdrawn Accounts:


Underestimates 1956 Assessments: State :


Recreation Areas, ....... 246.42


County :


Hospital,


524.19


Overlay Deficits:


Levy of 1940,


2.00


Levy of 1941,


1.84


Levy of 1943,


1.80


Levy of 1944.


1.72


Levy of 1945,


1.68


Levy of 1946,


1.88


Levy of 1947,


2.40


Levy of 1948,


2.40


Levy of 1949,


2.36


Levy of 1950,


2.48


Levy of 1951,


2.56


Levy of 1952,


72.20


Levy of 1954,


633.17


728.49


$205,427.03


Revenue Reserved Until Collected: Motor Vehicle and Trailer


Excise, $ 4,089.14


Tax Title and Possession, ....


9,792.21


Departmental, 619.03


Municipal Light,


3,681.31


Water, 1,614.41


Aid to Highways, 12,685.59


32,481.69 A


-$


770.61


Reserve for Petty Cash Advances,


$


160.00


Surplus Revenue,


$ 99,597.33


ANNUAL REPORT


$205,427.03


106


2,000.00


DEBT ACCOUNTS


Net Funded or Fixed Debt:


Inside Debt Limit : General,


$ 29,000.00


Outside Debt Limit:


General,


$225,000.00


Public Service Enterprise.


28,000.00


$253,000.00


Serial Loans:


Inside Debt Limit:


General:


School,


$ 29,000.00


Outside Debt Limit:


General:


School,


$225,000.00


Public Service Enterprise :


Municipal Light,


$ 10,000.00


Water,


18,000.00


-$ 28,000.00


$282,000.00


$282,000.00


TOWN OF


MERRIMAC


107


TRUST AND INVESTMENT ACCOUNTS


Trust and Investment Funds: Cash and Securities :


In Custody of Treasurer,


$103,564.50


In Custody of Treasurer:


Library Funds :


Willie Colby, $ 200.00


Dr. Harry J. Cushing, ..


500.00


A. E. Goodwin,


200.00


Thomas H. Hoyt, 26,866.17


Nichols Memorial,


500.00


Laura Patten, 1,000.00


D. J. Poore, 500.00


James D. Whittier,


500.00


$ 30,266.17


Park Funds:


Judith Kimball,


$


1,070.79


Amos Weed,


2,086.40


-$


3,157.19


Cemetery Perpetual Care


Funds,


$ 53,893.58


Investment Funds:


Post - War Rehabilitation


$


663.18


Stabilization,


15,584.38


-$ 16,247.56


$103,564.50


108


ANNUAL REPORT


$103,564.50


109


TOWN OF MERRIMAC


VOTE FOR OFFICERS, ANNUAL ELECTION March 4, 1957


Votes Cast (Men 466, Women 450), Total 916


Moderator, for one year:


Robert L. Eckert, 23 Main Street 789


Blanks 127


Town Clerk, for one year:


C. Howard Phillips, 48 Church Street 783


Blanks 133


Selectmen, for one year:


Ralph L. Buzzell, 63 School Street 621


George E. Lay, 13 Winter Street 572


George J. P. Stevens, Birch Meadow Road 502


Hazen M. Emery, 15 Judkins Court 537


Blanks 516


Board of Public Welfare, for one year:


Hazen M. Emery, 15 Judkins Court 759


Marian A. Haskell, Bear Hill Road 669


Jean S. Stuart, Sawyer Street 661


Gertrude C. Kopanski 1


Blanks 688


Assessor, for three years :


Frank M. Hargraves, 25 Church Street 754


Blanks 162


110


ANNUAL REPORT


Treasurer, for one year :


Roy C. Journeay, 10 Prospect Street 780


Blanks 136


School Committee, for three years:


Kenneth G. Fowle, 115 Church Street 765


Frederick N. Sweetsir, 84 River Road 754


Blanks 313


Trustee of Cemeteries, for three years:


Arthur R. Clark, 108 River Road 752


Blanks


164


Library Trustees, for three years:


Burnell S. O'Brien, 99 River Road 704


Olive S. Wilde, 13 Locust Street 735




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