Town annual report of Andover 1950-1954, Part 14

Author: Andover (Mass.)
Publication date: 1950
Publisher: The Town
Number of Pages: 1012


USA > Massachusetts > Essex County > Andover > Town annual report of Andover 1950-1954 > Part 14


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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1,867.14


Maintenance, Gasoline and Oil


297.23


Chlorine and Lime


912.00


Miscellaneous Expenses


112.00


Maintenance of Pumping Station


13,609.57


Total Expenditures


$51,237.40


Balance to Revenue


757.50


$51,994.90


$51,994.90


ARTICLE 1-1950-SUPPLEMENTARY WARRANT ENGINE DRIVEN CENTRIFUGAL PUMP


Cr.


Balance from 1950


$14,302.25


Dr.


Centrifugal Pump


$12,834.94


Balance to 1952


1,467.31


$14,302.25


$14,302.25


ARTICLE 18-1950-WATER DEPARTMENT IMPROVEMENTS


Cr.


Balance from 1950


$15,501.74


72


Amount Brought Forward


$15,501.74


Dr.


Lining Pipe Labor and Other


$ 1,957.36 226.47


Total Expenditures


$ 2,183.83


Transfer to Surplus Revenue


10,000.00


Balance to 1952


3,317.91


$15,501.74


$15,501.74


ARTICLE 21-1950-EXTENDING AND IMPROVING WATER SYSTEM


Cr.


Balance from 1950


$ 6,934.43


Dr.


Labor


$ 2,453.55


Pipe, Hydrants, Etc.


3,641.32


Tarvia and Tractor Shovel


625.66


Blasting and Other


213.90


$ 6,934.43


$ 6,934.43


ARTICLE 21-1951-EXTENDING AND IMPROVING WATER SYSTEM


Cr.


Appropriation


$12,000.00


Dr.


Labor


$ 1,251.53


Pipe


7,662.72


Tractor Shovel


988.13


Range Oil and Other


77.53


Total Expenditures


$ 9,979.91


Balance to 1952


2,020.09


$12,000.00


$12,000.00


73


ARTICLE 23-ACQUISITION LAND/OR LAND AND BUILDINGS HAGGETTS POND


Cr.


Appropriation


$ 1,000.00


Dr.


Engineering Balance to 1952


$ 276.60 723.40


$ 1,000.00


$ 1,000.00


ARTICLE 24-1948-PUMPING EQUIPMENT BANCROFT ROAD Cr.


Balance from 1950


$ 5,361.08


Dr.


New Pumping Equipment


$ 5,116.02


Labor


245.06


$ 5,361.08


$ 5,361.08


SPRING GROVE CEMETERY


Cr.


Balance from 1950


$ 2,245.04


Appropriation


17,382.00


Cemetery Perpetual Care Interest


2,349.20


Petty Cash Refund


10.00


Dr.


Salary, Superintendent


$ 2,630.03


Clerk


200.00


Labor


11,406.24


Office Maintenance


133.24


Equipment, Tools and Truck Maint.


1,510.55


Containers


594.55


Seed, Loam and Gravel


368.34


Total Expenditures


$16,842.95


Transfer to Surplus Revenue


2,245.04


Balance to Revenue


2,898.25


$21,986.24


$21,986.24


74


ARTICLE 27-SPRING GROVE CEMETERY ROLLER


Cr.


Appropriation


Dr.


Purchase Roller


Balance to 1952


$ 343.00 7.00


$ 350.00 $ 350.00


INTEREST


Cr.


Appropriation


$ 7,927.47


Dr


$ 7,927.47


$ 7,927.47


$ 7,927.47


MATURING DEBT


Cr.


Appropriation


$24,000.00


General Loans


$ 24,000.00


$24,000.00


$24,000.00


PREMIUM SCHOOL LOAN


Cr.


Premium School Loan


$ 1,140.00


Premium School Loan


$ 1,140.00


$ 1,140.00


$ 1,140.00


Town Clerk's Dog License Money


$ 2,808.00


Cemetery Perpetual Cares Private Trust Funds Purchase of Treasury Bills


4,305.14


808.85


640.000.00


$ 350.00


Interest


Dr.


Dr.


75


Temporary Loan in Anticipation of Reimbursement 8,625.00 Investment Funds


892.44


Essex County Tax


58,899.65 22,134.00


Retirement Fund


Commonwealth of Massachusetts


3,306.81


Withholding Taxes


74,794.40


Defense Bonds


4,312.50


Blue Cross


6,892.91


Refunds


4,866.07


Total Expenditures, 1951


$2,890,402.26


RESERVE FUND


Cr.


Transferred from Overlay Surplus


$20,000.00


Transfer Balances


151.64


Dr.


Memorial Day


$ 75.00


Treasurer


810.50


Town Clerk


100.00


Public Welfare Department


1,000.00


Police Department


2,100.00


Interest


23.72


Snow Removal and Sanding


1,500.00


Balance to Overlay Surplus


14,542.42


$20,151.64


$20,151.64


TAXES 1949


Balance from 1950


$ 2,522.61


Collected in 1951


$ 2,181.13


Tax Titles


83.70


Abated


67.05


Balance to 1952


190.73


$ 2,522.61


$ 2,522.61


76


TAXES 1950


Balance from 1950 Refunds Collected in 1951 Tax Titles Abated Balance to 1952


$44,042.56 98.10


$37,973.62 83.70 539.00 5,544.34


$44,140.66


$44,140.66


TAXES 1951


Commitments


Refunds


$852,971.68 1,233.50


Collected in 1951 Abated


Balance to 1952


$800,870.91 9,479.66 43,854.61


$854,205.18 $854,205.18


ESTATE OF DECEASED PERSONS


Commitment


$ 1,363,57


Balance to 1952


$ 1,363.57


$ 1,363.57


$ 1,363.57


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1949


Balance from 1950


$ 49.00


Collected in 1951


$ 2.00


Balance to 1952


47.00


$ 49.00


$ 49.00


77


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1950


Balance from 1950


Commitments in 1951


$ 5,494.87 640.11 152.77


Refunds


Adjustment


.10


Collected in 1951


$ 5,229.99


Abated


935.09


Balance to 1952


122.77


$ 6,287.85


$ 6,287.85


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1951


Commitments


Refunds


$121,127.66 2,960.50


Collected in 1951


$111,166.17


Abated


6,933.78


Balance to 1952


5,988.21


$124,088.16 $124,088.16


CLASSIFIED FOREST LAND


Commitment


$ 5.20


Collected in 1951


$ 2.00


Balance to 1952


3.20


$ 5.20


$ 5.20


APPORTIONED SEWER ASSESSMENTS PAID IN ADVANCE


Commitments


$ 1,208.33


Collected in 1951


$ 1,208.33


$ 1,208.33


$ 1,208.33


UNAPPORTIONED SEWER ASSESSMENTS 1949


Commitment $ 40.36


Collected in 1951


$ 40.36


$ 40.36 $ 40.36


78


UNAPPORTIONED SEWER ASSESSMENTS 1950


Balance from 1950 Apportioned Collected in 1951 Balance to 1952


$ 1,785.46


$ 338.30 130.80


1,316.36


$ 1,785.46


$ 1,785.46


UNAPPORTIONED SEWER ASSESSMENTS ADDED TO TAXES 1948


Balance from 1950


$ 9,323.87


Commitment


47.59


Collected in 1951


$ 704.73


Apportioned


5,609.81


Unapportioned Not Due


2,632.60


Abated


62.82


Balance to 1952


361.50


$ 9,371.46


$ 9,371.46


UNAPPORTIONED SEWER ASSESSMENTS ADDED TO TAXES 1949


Balance from 1950


$11,684.24


Collected in 1951


$ 3,995.80


Apportioned


3,869.20


Abated


43.93


Balance to 1952


3,775.31


$11,684.24


$11,684.24


APPORTIONED SEWER ASSESSMENTS ADDED TO TAXES 1949


Balance from 1950 Collected in 1951


41.12


$ 41.12


$ 41.12


$ 41.12


79


-------


-------.


APPORTIONED SEWER ASSESSMENTS ADDED TO TAXES 1950


Balance from 1950 Collected in 1951


$ 33.97


$


33.97


$ 33.97


$ 33.97


APPORTIONED SEWER ASSESSMENTS ADDED TO TAXES 1951


Commitments Collected in 1951 Balance to 1952


$ 1,789.92


$ 1,677.61


112.31


$ 1,789.92


$ 1,789.92


COMMITTED INTEREST ON SEWER ASSESSMENTS 1949


Balance from 1950


$ 14.62


$ 9.88


Collected in 1951 Abated


4.74


$ 14.62


$ 14.62


COMMITTED INTEREST ON SEWER ASSESSMENTS 1950


Balance from 1950


$ 3.05


Collected in 1951


$ 3.05


$ 3.05


$ 3.05


COMMITTED INTEREST ON SEWER ASSESSMENTS 1951


Commitments


$ 567.12


Collected in 1951


$ 479.10


Abated


50.54


Balance to 1952


37.48


$ 567.12 $ 567.12


80


1


.. .. ... ... .... .. ..


:


TAX TITLE ACCOUNT


Balance from 1950 Tax Titles Taken


$ 817.16 195.16


Tax Titles Disclaimed Redemptions Balance to 1952


42.59


$ 86.94


967.97


$ 1,054.91


$ 1,054.91


TAX TITLE POSSESSIONS


Balance from 1950


$ 841.42


Balance to 1952


$ 841.42


$ 841.42


$ 841.42


DEPARTMENTAL ACCOUNTS RECEIVABLE


Balance from 1950


$ 9,556.92


Charges, Accounts Receivable


in 1951


72,812.05 409.42


Refunds


Collected in 1951


$77,567.44 .01


Adjustment


Abated


1,035.37


Balance to 1952


85.00


4,260.57


$82.863.39


$82,863.39


STATE AND COUNTY AID TO HIGHWAYS ACCOUNTS RECEIVABLE


Balance from 1950


$ 1,000.00


Charges to State and County


9,625.00


Collected in 1951


$ 7,702.08


State and County Aid to Highways Revenue


34.70


Balance to 1952


2,888.22


$10,625.00


$10,625.00


81


WATER RATES ACCOUNTS RECEIVABLE


Balance from 1950


Commitments, Charges, 1951


Collected in 1951


Water Liens Added to Taxes Abated Balance to 1952


$14,009.99 69,804.45


$ 67,834.30 3,862.84 1.00


12,116.30


$83,814.44


$83,814.44


WATER SERVICES AND MISCELLANEOUS ACCOUNTS RECEIVABLE


Balance from 1950


$ 225.64


Commitments, Charges, 1951


655.78


Water Liens Added to Taxes 1949


13.00


Collected in 1951


Balance to 1952


678.98 $ 215.44


$ 894.42


$ 894.42


WATER LIENS ADDED TO TAXES 1949


Balance from 1950


$ 940.51


Collected in 1951


$ 895.22


Water Services and Miscellaneous Accounts Receivable


13.00


Balance to 1952


32.29


$ 940.51 $ 940.51


WATER LIENS ADDED TO TAXES 1950


Balance from 1950


$ 738.25


Collected in 1951


$ 545.55


Balance to 1952


192.70


$ 738.25


$ 738.25


82


WATER LIENS ADDED TO TAXES 1951


Commitment Refund Collected in 1951 Abated


Balance to 1952


$ 3,862.84 .18


$ 1,808.90 82.24


1,971.88


$ 3,863.02


$ 3,863.02


OVERLAY SURPLUS


Balance from 1950


$24,922.63


Overlays 1949-1950


12,285.70


Reserve Fund Unexpended Balance


14,542.42


Transferred to Reserve Fund


$20,000.00


Balance to 1952


31,750.75


$51,750.75


$51,750.75


OVERLAY 1949


Balance from 1950


$ 2,522.61


Abatements


$ 67.05


Overlay Surplus


2,264.83


Balance to 1952


190.73


$ 2,522.61


$ 2,522.61


OVERLAY 1950


$16,104.21


Balance from 1950 Abatements


$ 539.00


Overlay Surplus


10,020.87


Balance to 1952


5,544.34


$16,104.21


$16,104.21


OVERLAY 1951


Overlay 1951 Abatements Balance to 1952


$ 9,479.66


$27,616.04


18,136.38


$27,616.04


$27,616.04


83


SURPLUS REVENUE


Balance from 1950


$166,193.46


Unexpended Appropriation Balances


15,678.61


Cemetery Perpetual Care Interest 2,245.04


State and County Aid to Highways Revenue 1,965.30


Aid to Dependent Children Recovery 220.98


New England Telephone and Telegraph Co. Refunds 115.61 86.94


Tax Title Revenue


Public Welfare Reimbursement


8.00


Tailings, Old Checks


5.12


Revenue 1951


201,827.97


Transfer to Revenue


$65,000.00


Essex County Tuberculosis Hospital


1,352.08


Tax Titles


167.40


Refund


11.60


Balance to 1952


321,815.95


$388,347.03 $388,347.03


JOHN CORNELL WOOD AND COAL FUND


Principal Fund


Andover Savings Bank #13259 Andover


$1,000.00


Essex Savings Bank #82865 Lawrence $1,000.00


Broadway Savings Bank #13403 Lawrence $1,000.00


City Inst. of Savings #69782 Lowell $1,000.00


The Central Savings Bank #21760 Lowell


$1,000.00


$5,000.00


RECEIPTS


Balance on Hand January 1st, 1951


$ 667.87


Interest received during 1951


105.00


$ 772.87


84


Amount Brought Forward


$772.87


EXPENDITURES


Jan. 29, 1951 Cross Coal Co. $25.25


Nov. 9, 1951 Cross Coal Co. 24.45


$49.70 .Less 49.70


Balance on hand January 1st. 1952


$723.17


Respectfully submitted,


EDWARD P. HALL, Chairman FRED E. CHEEVER, Treasurer ARTHUR W. COLE


85


Cemetery Funds PERPETUAL CARE


Number


Withdrawals


Cemetery


Balance of Accounts Jan. 1, 1951 Deposits


Balance Interest for Care of Lots. Dec. 31 1951


86


Spring Grove South Church Christ Church


797


$98,268.90 $3,657.00


$2,344.08


$2,349.20


$101,920.78


143


17,925.00


443.58


425.00


17,943.58


71


7,610.00


152.20


152.20


7,610.00


West Church


10


2,137.87


42.90


57.94


2,122.83


St. Augustine's


6


650.00


13.00


13.00


650.00


Totals


1027


$126,591.77 $3,657.00


$2,995.76


$2,997.34


$130,247.19


Trust Funds


Name


Beneficiary


Balance Principle Jan. 1, 1951


Expen-


Interest


Balance ditures Dec. 31, 1951


Richardson


Shawseen School


$ 1,000.00


$ 1,432.42


$28.78


$ 1,461.20


Draper


School Dept


1,000.00


1,331.20


26.75


1,357.95


Holt


School Dept.


50.00


71.84


1.43


73.27


Conroy


Punchard Prizes


250.00


292.85


5.79


$ 8.00


290.64


American Legion


Punchard Prize


200.00


200.00


5.00


5.00


200.00


Varnum Lincoln


Spelling Prizes


500.00


506.66


12.55


12.50


506.71


Alfred V. Lincoln


Spelling Prizes


500.00


506.66


12.56


12.50


506.72


Emiline Lincoln


A.V.I.S.


1,000.00


1,149.42


23.09


1,172.51


Emma J. Lincoln


A.V.I.S.


544.60


625.93


12.57


638.50


Emma J. Lincoln


Library


544.60


556.27


11.17


567.44


Taylor


Welfare Fuel


100.00


130.32


2.61


132.93


David & Lucy Shaw Welfare


10,000.00


12,498.91


251.21


12,750.12


Giddings


South Cemetery


1,000.00


1,061.51


21.33


1,082.84


Smart


South Cemetery


1,000.00


1,041.63


20.93


1,062.56


Walter L. Raymond Welfare


7,845.81


9,241.52


200.89


9,442.41


Emily F. Raymond


Welfare & Cemetery


1,500.00


1,507.51


15.14


1,522.65


Flower Funds (11)


Spring Grove


1,860.00


1,126.46


32.39


20.85


1,888.00


Totals


$28,895.01


$33,281.11


$684.19


$58.85


$34,656.45


*Including 2 new cemetery flower funds $750. The Post War Rehabilitation Fund, previously listed here, now amounts to $19,556.23


87


Report of the Trustees of Punchard Free School


Year Ending December 31, 1951


PRINCIPAL FUND


January 1, 1951


Cash in Banks


$19,985.86


Real Estate Mortgages 23,994.22


Bonds at Book Value


33,019.92


$77,000.00


December 31, 1951


Cash in Banks


$21,106.03


Real Estate Mortgages


22,874.05


Bonds at


Book Value


33,019.92


$77,000.00


INCOME ACCOUNT


January 1, 1951 Cash on Hand


$ 7,578.55


Interest


and Dividends Rec'd.


2,417.18


$ 9,995.73


Expenditures


Safe Deposit Box $ 12.00


Treasurer's Bond


25.00


E. E. Hammond - Salary


200.00


Expenditures for Punchard Library,


Commercial Dept., Manual Training Dept., etc. 1,931.54


December 31, 1951 Cash on Hand


7,827.19


$ 9,995.73


GOLDSMITH FUND


Jan. 1, 1951 Cash in Savings Bank $ .335.33


Interest Received 6.73


Dec. 31, 1951 Cash in Savings Bank $ 342.06


88


DRAPER FUND


Jan. 1, 1951 Cash in Savings Bank $1,506.69 Interest Received 29.97


$1,536.66


Scholarship Awarded


30.00


Dec. 31, 1951 Cash in Savings Bank BARNARD FUND


$1,506.66


Jan. 1, 1951 Cash in Savings Bank $ 28.73


Dividends Received 40.00


Interest Received .16


$


68.89


Prizes Awarded 40.00


$


28.89


Dec. 31, 1951 Cash in Savings Bank CHAPIN FUND


$2,232.58


Jan. 1, 1951 Cash in Savings Bank Interest Received 44.46


$2,277.04


Scholarship Awarded 40.00


Dec. 31, 1951 Cash in Savings Bank $2,237.04


RESERVE FUND


Jan. 1, 1951 Cash in Savings Bank $3,736.12 Interest Received 75.09


Dec. 31, 1951 Cash in Savings Bank $3,811.21 HENRY WARREN BARNARD AND MABEL PARADISE BARNARD FUND


Jan. 1, 1951 Cash in Savings Bank $1,104.97 Interest Received 20.51


$1,125.48


Expenditures


84.00


Dec. 31, 1951 Cash in Savings Bank $1,041.48


89


ELIZABETH T. GUTTERSON SCHOLARSHIP Jan. 1, 1951 Cash in Savings Bank $1,026.43 Interest Received 20.62


$1,047.05


Scholarship Awarded 20.00


Dec. 31, 1951 Cash in Savings Bank M. E. GUTTERSON BOTANY PRIZES


$1,027.05


Jan. 1, 1951 Cash in Savings Bank $ 310.12


Interest Received 6.18


$


316.30


Prizes Awarded


5.00


Dec. 31, 1951 Cash in Savings Bank $ 311.30


ALICE M. BELL FUND


Apr. 12, 1951 Cash in Savings Bank $1,000.00


Interest Received 9.80


$1,009.80


Prizes Awarded


20.00


Dec. 31, 1951 Cash in Savings Bank


$ 989.80


Respecfully submitted,


EDMOND E. HAMMOND Treasurer


This is to certify that the securities belonging to the Trustees of Punchard Free School and the income accuring therefrom have been checked and found to be correct.


The remaining items in the above account are examined by the Town Accountant.


C. C. KIMBALL ROY E. HARDY HARRY SELLARS


90


Report of Trustees of Memorial Hall Library


Cash January 1, 1951


$ 560.50


Income from Investments


2,421.00


Income from Savings Bank Accounts


168.52


Income from Contributions, Redemptions, or Additions to Principal


1,419.52


Total Cash and Income


$ 4,569.54


Paid Town of Andover


$ 2,550.00


Safe Deposite Box Rental


12.50


Paid for Lighting Repairs and Changes


126.98


Paid for Lighting Repairs and Changes


29.10


Paid for "Open House" Lecture and Projectionist


120.00


Paid for Books


22.00


Sum for Reinvestment Account


1,000.00


Total Disbursements


$ 3,860.58


Balance, December 31, 1951


708.96


ARTHUR W. REYNOLDS Treasurer


91


Balance Sheet, December 31, 1951 GENERAL ACCOUNTS


Cr.


Cash


Dr. $800,563.69


Sewer House Connection Deposits


$ 85.00


Petty Cash Library


35.00


Overlay Surplus


31,750.75


Petty Cash School


25.00


Overlay 1949


190.73


Poll Taxes 1951


48.00


Overlay 1950


5,544.34


Personal Taxes 1949


171.65


Overlay 1951


18,136.38


Personal Taxes 1950


1,102.81


School Cafeteria


919.03


Personal Taxes 1951


5,946.27


School Milk Sales


26.46


Real Estate Taxes 1949


19.08


Punchard Athletic Association


161.06


Real Estate Taxes1950


4,441.53


Tailings, Payment Stopped on Old Checks


112.54


Estate of Deceased Persons


1,363.57


Motor Vehicle and


Accrued Interest School Loan


700.00


Trailer Excise Taxes 1949


47.00


Defense Bonds


218.47


Motor Vehicle and


Town Clerk's Dog License Money


12.60


Trailer Excise Taxes 1950


122.77


Proceeds of Tax Titles Sales as Lands of Low Value


807.09


Trailer Excise Taxes 1951


5,988.21


Sale of Real Estate Fund


3,001.15


Classified Forest Land


3.20


Sale of Carmel Road Lot


803.00


Unapportioned Sewer Assessments 1950 1,316.36


Parking Meter Fees


14,849.15


Unapportioned Sewer Assessments


Sale of Veterans' Lots


60.00


Added to Taxes 1948


361.50


Surveying of Veterans' Lots


155.52


Amount Carried Forward


$859.415.98


Amount Carried Forward


$78,447.27


92


Real Estate Taxes 1951


37,860.34


Old Age Assistance Recovery


914.00


Motor Vehicle and


GENERAL ACCOUNTS-Continued


Amount Brought Forward


$859,415.98


Amount Brought Forward $78,447.27


Unapportioned Sewer Assessments Added to Taxes 1949


3,775.31


Cemetery Sales Fund


5,700.00


Apportioned Sewer Assessments Added to Taxes 1951


112.31


State Parks and Reservations


377.00


Committed Interest 1951


37.48


Auditing Municipal Accounts


43.02


Tax Title Account


967.97


Trust Funds Income


15.00


Tax Title Possessions


841.42


Reserve for Petty Cash Advance


60.00


Departmental Accounts Receivable


4,260.57


Estate of Deceased Persons Revenue


1,363.57


Water Departmental Accounts Receivable


12,331.74


Motor Vehicle and Trailer Excise Taxes Revenue


6,157.98


Water Liens Added to Taxes 1949


32.29


Special Assessments Revenue


5,606.16


Water Liens Added to Taxes 1950


192.70


Tax Title Revenue


1,809.39


Water Liens Added to Taxes 1951


1,971.88


Departmental Revenue


4,260.57


Water Revenue


14,528.61


Surplus Revenue


321,815.95


Civilian Defense 137.36


Article 8, 1946, History of Andover up to and Including World War 11 1,800.00


Article 22, 1944, Prepare Plans for Use of Shaw Property 2,500.00


Police Department 2,100.00


Article 25, Tree Department, Chain Saw 32.48


Amount Carried Forward $896,827.87


Amount Carried Forward


$449.373.43


93


State and County Aid to Highways Accounts Receivable


2,888.22


Revenue 1952


$10,000.00


Smith-Hughes-George-Barden Fund 27.41


Essex County Tax 2,591.66


GENERAL ACCOUNTS-Continued


Amount Brought Forward $896,827.87


Amount Brought Forward $449.373.43


Essex County Tuberculosis Hospital 614.15


Article 19, 1945, Sewer Special Committee Study 486.07


Board of Public Works Machinery Account 4,571.07


Article 15, Chapter 90, Highways Maintenance 1.80


Article 16, Chapter 90, Improvement of Lowell Street and Argilla Road 21.50


Article 17, Repair and Build Sidwalks 1,811.62


Article 18, Improvement of Shawsheen Road 581.87


Article 19, Widening Greenwood Road 125.31


Article 20, Board of Public Works Dump Truck 23.08


Old Age Assistance (Grants) 8,165.80


Article 1, 1950, School Construction


409,554.60


Article 26, 1950, Preliminary Plans, Elementary School Buildings 1,835.88


Article 30, 1948, Shawsheen School Yard 87.68


Amount Carried Forward $896,827.87


Amount Carried Forward $877,253.86


94


GENERAL ACCOUNTS-Continued


Amount Brought Forward $896,827.87


Amount Brought Forward


$877,253.86


Article 2, 1951, Special Town Meeting, Purchase Land Adjacent to Central Schools and Playstead 4,998.00


Article 22, Enclosing Rogers Brook 4,740.30


Article 29, Improve and Resurface Central Playground 2,300.00


Article 1, 1950, Supplementary


Warrant, Engine Driven Centrifugal Pump


$ 1,467.31


Article 18, 1950, Water Department Improvements 3,317.91


Article 21, Extending and Improving Water System 2,020.09


Article 23, Acquisition Land / or Land and Buildings Haggetts Pond 723.40


Article 27, Spring Grove Cemetery Roller 7.00


Amount Carried Forward $896,827.87 Amount Carried Forward $896,827,87


95


DEFERRED REVENUE


Amount Brought Forward


$896,827.87


Amount Brought Forward $896,827.87


Unapportioned Sewer Assessments Not Due


2,632.60


Sewer Assessments Revenue Apportioned Sewer Assessments Due 1952 1,685.57


2,632.60


Apportioned Sewer Assessments Due 1953 1,649.63


Apportioned Sewer Assessments Due 1954 1,570.01


Apportioned Sewer Assessments Due 1955


1,518.98


Apportioned Sewer Assessments Due 1956


1,317.89


Apportioned Sewer Assessments Due 1957


1,246.06


Apportioned Sewer Assessments Due 1958


1,152.60


Apportioned Sewer Assessments Due 1959


908.56


Apportioned Sewer Assessments Due 1960 762.44


Apportioned Sewer Assessments Due 1961


91.63


Amount Carried Forward


$911,363.84


Amount Carried Forward


$911,363.84


Apportioned Sewer Assessments Not Due


11,903.37


96


4


DEBT ACCOUNTS


Amount Brought Forward


$911,363.84


Amount Brought Forward


$911,363.84


Net Funded and Fixed Debt


856,000.00


Outfall Sewer Loan 1923 Junior High School Loan Article 1, Elementary School Loan


10,000.00


46,000.00


800,000.00


Amount Carried Forward


$1,767.363.84


Amount Carried Forward


$1,767,363.84


TRUST ACCOUNTS


Amount Brought Forward


$1,767,363.84


Amount Brought Forward


$1,767,363.84


& Trust and Investments Funds Cash and Securities


380,503.35


Emeline S. Lincoln Village Improvement Fund Emma J. Lincoln Village Improvement Fund


1,172.51


Municipal Retirement Fund Cash and Securities


213,780.96


638.50


Total


Edward Taylor Fuel Fund


132.93


David and Lucy Hayward Shaw Welfare Fund


12,750.12


Walter Landor Raymond Welfare Fund


9,442.41


Emily F. Raymond Fund


1,522.65


Richardson School Fund


1,461.20


Draper School Fund


1,357.95


Amount Carried Forward $2,361,648.15


Amount Carried Forward


$1,795,842.11


TRUST ACCOUNTS-Continued


Amount Brought Forward $2,361,648.15


Amount Brought Forward $1,795,842.11


Dr. Edward C. Conroy School Fund


290.64


Holt School Fund


73.27


Emma J. Lincoln Library Fund


567.44


Alfred V. Lincoln Spelling Bee Fund


506.72


U. S. Constitution Fund, Andover


Post #8 American Legion


200.00


Abbie M. Smart, Special Cemetery Fund


1,062.56


Isaac E. Giddings Burial Ground Fund


1,082.84


J. M. Bean Cemetery Flower Fund


101.03


M. E. Carter Cemetery Fund


303.19


Ellen F. Foster Cemetery Flower Fund


102.03


John Kershaw Cemetery Flower Fund


50.52


M. E. Morrill Cemetery Flower Fund


101.03


Frances Nichols Cemetery Flower Fund 50.52


B. M. Stevens Cemetery Flower Fund


202.06


Alex. Smith Cemetery Flower Fund


167.95


White and McGraw Cemetery Flower Fund 50.52


A. W. Lee Cemetery Flower fund


506.68


Amount Carried Forward $2,361,648.15


Amount Carried Forward


$1,801,261.11


98


TRUST ACCOUNTS-Continued


Amount Brought Forward $2,361,648.15


Amount Brought Forward $1,801,261.11


Ralph J. Maslen Cemetery Flower Fund


252.47


Cemetery Perpetual Care Funds


130,247 .. 19


Post War Rehabilitation Fund


19,556.23


Varnum Lincoln Spelling Bee Fund 506.71


John Cornell Wood and Coal Fund


5,723.17


Memorial Hall Library Fund


93,217.55


Punchard Free School, Principal Fund


77,000.00


Punchard Free School, Income Account


7,807.27


Barnard Fund


1,028.89


Henry W. and Mabel P. Barnard Fund


1,041.48


Draper Fund


1,506.66


Goldsmith Fund


342.06


Edna G. Chapin Fund


2,237.04


Elizabeth T. Gutterson Scholarship Fund


1,027.05


M. E. Gutterson Botony Prize Fund


311.30


Reserve Fund


3,811.21


Alice M. Bell Fund


989.80


Annuity Savings Fund


134,752.93


Annuity Reserve Fund


17,566.80


Pension Fund


59,283.47


Expense Fund


254.38


Special Military Service Fund


1,923.38


99


Total


$2,361,648.15 Total


$2,361,648.15


Town Debt


DETAIL OF PAYMENT BY YEARS


Year


Sewer Rate 414%


Junior High School 2 & 21/4%


Elementary Schools 11/2%


Total


1952


$5,000.


$19,000.


$55,000.


$79,000.


1953


5,000.


19,000.


55,000.


79,000.


1954


4,000.


55,000.


59,000.


1955


4,000.


55,000.


59,000.


1956


55,000.


55,000.


1957


55,000.


55,000.


1958


55,000.


55,000.


1959


55,000.


55,000.


1960


55,000.


55,000.


1961


55,000.


55,000.


1962


50,000.


50,000.


1963


50,000.


50,000.


1964


50,000.


50,000.


1965


50,000.


50,000.


1966


50,000.


50,000.


Totals


$10,000.


$46,000


$800,000.


$856,000


100


Board of Retirement Report


To the Board of Selectmen,


Andover, Mass.


GENTLEMEN :


The Town of Andover Board of Retirement herewith sub- mits the following report for the year 1951 :


Balance, January 1, 1951 $ 3,364.42


Receipts, January - December 31, 1951 :


Deductions, Group I and II $19,159.93


Interest on Bonds and Stocks 6,099.05


Appropriation


22,134.00


$50,757.40


Expenditures :


Pensions paid, Group I and II


$22,899.87


Investments 22,197.07


Refunds, Deductions and Interest


683.98


Office Expenses, Clerk


1,093.54


$46,874.46


Balance, December 31, 1951


$ 3,882.94


The Total Active Members :


January 1, 1951 126


December 31, 1951


130


January 1, 1951


December 31,1951


Active Members 126 130


Pensioners 24 25


Total Membership - December 31, 1951 155


During the year $22,000 worth of Bonds were purchased.


The Securities held at the close of year cost $214,260.65. $21,751.26 is the amount recommended to be added to the fund by Town appropriation for 1952.


Respectfully submitted, GEORGE C. NAPIER, Chairman DAVID L. NICOLL, Secretary EDMOND E. HAMMOND


Board of Retirement


101


Treasurer's Report


Receipts and payments for the year were as follows :


Balance, January 1, 1951 $ 533,493.25 2,517,472.70


Receipts


$3,050,965.95 2,250,402.26


Payments


Balance, December 31, 1951


$ 800,563.69


Of this balance, $409,554.60 is in the Elementary Schools Building account, practically all invested in U. S. Treasury bills, earning slightly more than the interest the town is paying on that portion of its 11/2% bonds, $800,000. of which were sold last May. This leaves a balance of $391,009.09 in the general fund, which is the figure to be compared with the January 1 balance.


Disbursements were in accordance with 114 selectmen's warrants and 17,663 checks were issued. Included in the totals above is $74,794.40, withheld from the pay of 308 full or part-time town employees for federal taxes. Payroll de- ductions for the purchase of U. S. Defense Bonds amounted to $4,342.99 and $6,892.91 for Blue Cross and Blue Shield dues.


Cemetery perpetual care and other trust funds, as well as the funds of the Retirement Board, all in the treasurer's cus- tody, are listed on other pages of this report. The number of pensioners increased by one and at the end of the year was 25. The average monthly pension increased by $4.00 to $79.00.


Tax titles numbered 16 and amounted to $972.54


Respectfully submitted,


THAXTER EATON, Treasurer


102


Report of Tax Collector


POLL TAXES


Year


Collected


Abated 1951


Outstanding Jan. 1, 1952


1950


$ 10.00


$ 8.00


1951


7,076.00


*1,336.00 $ 48.00


* Abatements to men over 65 years $964.00




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