Town annual report of Andover 1950-1954, Part 43

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 43


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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Temporary Repairs Public Property


472.10


Guarding Devasted Areas


453.38


$17,155.22


Balance to 1955


22,844.78


$40,000.00


$40,000.00


85


WATER DEPARTMENT Cr.


Appropriation


$64,950.00


Dr.


Lawrence Electric Company


$13,966.14


Labor


19,906.94


Pipe and Fittings


3,537.87


Meters and Fittings


7,290.80


Equipment, Hardware and Tools


3,211.98


Office Maintenance and All Other


675.02


Maintenance of Pumping Station :


Engineers


8,526.20


Lime and Chlorine


1,079.80


Repairs on Buildings


423.10


Pumping Equipment


425.74


$59,043.59


Balance to Revenue


5,906.41


$64,950.00


$64,950.00


ARTICLE 19-EXTENDING AND IMPROVING WATER SYSTEM Cr.


Appropriation


$10,000.00


Dr.


Pipe and Backhoe


$ 519.12


Balance to 1955


9,480.88


$10,000.00


$10,000.00


ARTICLE 20-1953-EXTENDING AND IMPROVING WATER SYSTEM Cr.


$ 1,239.43


Dr.


Labor


$ 429.12


Hydrants, Gate Valves and Tarvia


810.31


$ 1,239.43


$ 1,239.43


86


Balance from 1953


ARTICLE 21-RENEW AND ADJUST SEWER AND WATER STRUCTURES Cr.


Appropriation


$ 750.00


Dr.


Labor


$ 475.84


Pipe and Fittings


89.61


$ 565.45


Balance to Revenue


184.55


$ 750.00


$ 750.00


ARTICLE 34-EXTEND WATER MAIN- BRUNDETTE AVENUE-SHLAKIS Cr.


Appropriation


$ 6,400.00


Labor


$ 724.12


Pipe and Hydrants


3,534.96


Backhoe and Scoop


796.50


$ 5,055.58


Balance to Revenue


1,344.42


$ 6,400.00


$ 6,400.00


ARTICLE 35-EXTEND WATER MAIN- BRUNDETTE AVENUE-ROBIDOUX Cr.


Appropriation


$ 3,200.00


Dr.


$ 336.06


Pipe


1,821.88


Backhoe and Scoop


423.00


$ 2,580.94


Balance to Revenue


619.06


$ 3,200.00


$ 3,200.00


87


Labor


Dr.


SPRING GROVE CEMETERY Cr.


Appropriation Perpetual Cares Income Refunds Petty Cash Refund


$18,379.00


2,651.87


791.18


10.00


Dr.


Salaries, Superintendent


$ 3,134.00


Clerk


250.00


Labor


11,592.74


Office Maintenance


187.37


Petty Cash Advance


10.00


Tarvia


748.11


Equipment


788.70


Seed, Loam and Gravel


256.42


Truck Maintenance


432.06


Containers


601.70


All Other


17.15


$18,018.25


Balance to Revenue


3,813.80


$21,832.05


$21,832.05


INTEREST Cr.


Appropriation


$10,557.50


Interest


Balance to Revenue


$10,057.50 500.00


$10,557.50


$10,557.50


MATURING DEPT


Cr.


Appropriation


$59,000.00


Dr.


$59,000.00


$59,000.00


$59,000.00


88


General Loans


Dr.


Town Clerk's Dog License Money Cemetery Perpetual Cares


$ 3,090.00 4,024.00


Income Cemetery Perpetual Cares Income Private Trust Funds


750.65


38.00


Essex County Tax


60,649.47


Clam Purification Plant


129.83


Commonwealth of Massachusetts


4,660.14


Retirement Fund


32,334.00


Withholding Taxes


98,291.23


U. S. Savings Bonds


4,912.50


Massachusetts Hospital Service


11,489.75


Refunds


7,607.58


Total Expenditures for 1954


$1,945,550.86


Cash on Hand-January 1, 1955 Grand Total for 1954


$2,571.791.86


RESERVE FUND


Cr.


Transfer from Overlay Surplus


$20,000.00


Transfer of Unexpended Balances Dr.


Fire Department


$ 744.30


Forest Fires


200.00


Public Dump


150.00


Health Department


200.00


Chapter 90 Construction River Road 15,000.00


Public Welfare


328.69


$16,622.99


Balance to Overlay Surplus


3,570.89


$20,193.88


$20,193.88


TAXES 1950


Tax Titles Disclaimed


$ 3.60


Abated $ 3.60


$ 3.60 $ 3.60


89


626,241.00


193.88


TAXES 1951


Balance from 1953 Collected in 1954


$ 37.10


$


37.10


$ 37.10


$


37.10


TAXES 1952


Balance from 1953


$ 3,055.92


Refunds


151.80


Collected in 1954


$ 2,107.54


Abated


192.50


Balance to 1955


907.68


$ 3,207.72 $


3,207.72


TAXES 1953


Balance from 1953


$ 40,695.47


Refunds


79.20


Collected in 1954


$ 36,704.13


Tax Titles Taken


1,104.40


Tax Titles Added


1,060.40


Abated


521.50


Balance to 1955


1,384.24


$ 40,774.67 $ 40,774.67


TAXES 1954


Commitments


$1,070,571.81


Overlay 1954


2.00


Motor Vehicle and Trailer Excise Taxes 1954


4.70


Refunds


2,080.84


Collected in 1954


$1,010,680.94


Tax Titles Added


983.50


Abated


20,194.79


Balance to 1955


40,800.12


$1,072,659.35 $1,072,659.35


90


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1952


Balance from 1953 Abated


$ 168.73


$ 168.73


$ 168.73


$ 168.73


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1953


Balance from 1953


Commitments


$ 17,834.44 7,608.94


Motor Vehicle and Trailer Excise Taxes 1954


2.52


Refunds


730.18


Collected in 1954


$


23,712.68


Abated


2,463.40


$ 26,176.08 $


26,176.08


MOTOR VEHICLE AND TRAILER EXCISE TAXES 1954


Commitments


Refunds


$ 151,523.27 4,022.75


Collected in 1954


$ 125,818.67 4.70


Real Estate Taxes 1954


Motor Vehicle and Trailer Excise Taxes 1953


2.52


Abated


11,162.60


Balance to 1955


18,557.53


$ 155,546.02


$ 155,546.02


CLASSIFIED FOREST LAND


Commitment


$ 6.11


Collected in 1954


$ 2.35


Balance to 1955


3.76


$ 6.11 $


6.11


UNAPPORTIONED SEWER ASSESSMENTS 1949


Balance from 1953


$ 106.90


Balance to 1955


$ 106.90


$ 106.90


$ 106.90


91


1


UNAPPORTIONED SEWER ASSESSMENTS 1953


Balance from 1953 Collected in 1954 Sewer Assessments 1954


$ 456.00


$ 276.00


180.00


$ 456.00 $ 456.00


SEWER ASSESSMENTS 1952


Balance from 1953


$ 527.00


Collected in 1954


$ 527.00


$ 527.00


$ 527.00


SEWER ASSESSMENTS 1953


Balance from 1953


$ 459.18


Collected in 1954


$ 105.95


Sewer Apportioned


353.23


$ 459.18


$ 459.18


SEWER ASSESSMENTS 1954


Commitment


$ , 1,392.41


Unapportioned


Sewer Assessments 1954


180.00


Collected in 1954


$


1,268.38


Balance to 1955


304.03


$ 1,572.41


$ 1,572.41


COMMITTED INTEREST ON SEWER ASSESSMENTS 1953 Balance from 1953


$ 7.76


Collected in 1954


$ 7.76


$ 7.76 $ 7.76


COMMITTED INTEREST ON SEWER ASSESSMENTS 1954


Commitment $ 317.12


Collected in 1954


$ 285.92


Balance to 1955


31.20


$ 317.12 $ 317.12


92


TAX TITLES


Balance from 1953


Tax Titles Taken


$ 4,213.85 1,225.68


Tax Titles Added


2,065.07


Redemptions


$ 871.19


Tax Title Possessions - Adjustment


622.07


Tax Title Disclaimed


14.78


Balance to 1955


5,996.56


$ 7,504.60 $ 7,504.60


TAX TITLE POSSESSIONS


Balance from 1953


$ 841.42


Tax Titles - Adjustment


622.07


Sale of Tax Title Possessions


$ 150.00


Balance to 1955


1,313.49


$ 1,463.49


$ 1,463.49


OVERLAY 1950


Real Estate Taxes


$ 3.60


Balance to 1955 - To be raised


$ 3.60


$ 3.60


$ 3.60


OVERLAY 1951


Balance from 1953


$ 37.10


Overlay Surplus


$


37.10


$ 37.10


$ 37.10


OVERLAY 1952


Balance from 1953


$ 3,055.92


Abatements


$ 192.50


Overlay Surplus


1,955.74


Balance to 1955


907.68


$ 3,055.92 $ 3,055.92


93


OVERLAY 1953


Balance from 1953 Abatements Overlay Surplus Balance to 1955


$ 15,031.80


$ 521.50


13,126.06


1,384.24


$ 15,031.80


$ 15,031.80


OVERLAY 1954


$


31,431.36


2.00


$ 20,194.79


11,238.57


$ 31,433.36 $ 31,433.36


OVERLAY SURPLUS


Balance from 1953


$ 35,745.35


Overlays - 1951 - 1952 - 1953


15,118.90


Reserve Fund Unexpended Balances


3,570.89


Reserve Fund 1953 - Rent Control - Town Scales


247.18


Rent Control


$ 169.67


Reserve Fund


20,000.00


Balance to 1955


34,512.65


$ 54,682.32


$ 54,682.32


DEPARTMENTAL ACCOUNTS RECEIVABLE


Balances from 1953


$ 4,613.32


Charges Accounts Receivable in '54 76,641.50


Refunds


518.60


Balances from 1953


$ 505.00


Collected in 1954


74,221.46


Abated


7.50


Adjustments


22.50


Balance to 1955


355.00


7,371.96


$ 82,128.42 $ 82,128.42


94


Overlay 1954 Poll Taxes 1954 Abatements Balance to 1955


1


STATE AND COUNTY AID TO HIGHWAYS ACCOUNTS RECEIVABLE


Balance from 1953


Charges for 1954


Collected in 1954


Balance to 1955


$ 1,000.00 16,000.00


$ 6,323.12 10,676.88


$ 17,000.00 $ 17,000.00


WATER RATES ACCOUNTS RECEIVABLE


Balance from 1953


Commitments 1954


$ 20,197.96 85,717.36


Audit Adjustments


148.41


Collected in 1954


$ 83,864.57


Audit Adjustments


162.50


Water Liens Added to Taxes


831.38


Abated


141.77


Balance to 1955


21,063.51


$


106,063.73 $ 106,063.73


WATER SERVICES AND MISCELLANEOUS ACCOUNTS RECEIVABLE


Balance from 1953


$ 238.04


Charges


633.00


Audit Adjustment


2,185.60


Collected in 1954


$ 2,660.30


Abated


190.24


Balance to 1955


206.10


$ 3,056.64 $


3,056.64


WATER LIENS ADDED TO TAXES 1953


Balance from 1953


$ 1,756.81


Collected in 1954


$ 1,756.81


$ 1,756.81 $


1,756.81


95


WATER LIENS ADDED TO TAXES 1954


Water Rates Collected in 1954 Abated Balance to 1955


$ 831.38


$ 559.48


25.00


246.90


$ 831.38 $


831.38


SURPLUS REVENUE


Balance from 1953


$ 421,829.98


Unexpended Appropriation Balances


28,794.38


State and County Aid to Highways Revenue


6,323.12


Old Age Assistance Recoveries


3,659.75


Audit Adjustments


491.56


Tax Title Revenue


1,021.19


Tax Title Disclaimed


3.60


Revenue 1954


149,086.86


Miscellaneous Refunds and Other


32.43


Tax Titles Added


$


1,060.40


Tax Titles Taken


1,104.40


Article 22 - Ballardvale Sewer


Disposal


30,000.00


Revenue 1954 (To Reduce 1954 Tax Rate)


60,000.00


Hurricane Carol


30,000.00


Hurricane Edna


40,000.00


Balance to 1955


449,078.07


$ 611,242.87


$ 611,242.87


96


1


Cemetery Fund PERPETUAL CARE


Number


Cemetery


Balance of Accounts Jan. 1, 1954


Deposits


Withdrawals for Balance Interest Care of Lots Dec. 31,1954


Spring Grove


867


$108,926.71


$3,524.00


$2,763.28


$2,757.87


$112,456.12


South Church


143


17,936.57


449.68


425.00


17,961.25


Christ Church


71


7,610.00


199.77


199.77


7,610.00


West Church


10


2,109.71


55.68


59.52


2,105.87


St. Augustine's


6


650.00


17.07


17.07


650.00


1097


$137,232.99


$3,524.00


$3,485.48


$3,495.23


$140,783.24


97


Trust Funds


Name


Benificiary


Principal


Balance Jan. 1, 1954


Interest


Expen- Balance ditures Dec. 31, 1954


Richardson


Shawsheen School $ 1,000.00


$ 1,079.11


$ 28.51


$ 1,107.62


Draper


School Dept.


1000.00


1,036.53


27.33


1,063.90


Holt


School Dept.


50.00


76.90


2.01


78.91


Conroy


Punchard Prizes


250.00


288.63


7.51


8.00


288.14


American Legion


Punchard Prizes


200.00


200.00


5.00


5.00


200.00


Varnum Lincoln


Spelling Prizes


500.00


500.00


12.50


12.50


500.00


Alfred V. Lincoln


Spelling Prizes


500.00


500.00


12.50


12.50


500.00


Emeline Lincoln


A.V.I.S.


1,000.00


1,230.70


32.51


1,263.21


Emma J. Lincoln


A.V.I.S.


544.60


670.16


17.70


687.86


Emma J. Lincoln Swift


Library


300.00


308.18


8.14


316.32


Taylor


Welfare Fuel


100.00


139.51


3.68


143.19


Welfare


10,000.00 .


13,383.11


353.60


13,736.71


David & Lucy Shaw Giddings


South Cemetery


1,000.00


1,136.58


30.01


1,166.59


Smart


South Cemetery


1,000.00


1,110.10


29.32


1,139.42


Walter L. Raymond


Welfare


7,845.81


9,949.23


282.67


10,231.90


Emily F. Raymond


"


& Cemetery


1,500.00


1,500.00


39.62


19.81


1,519.81


Flower Funds (13)


Cemetery


2,460.00


1,984.52


56.34


49.29


2,491.57


Bequest-


500.00


Totals The Post War Rehabilitation Fund now amounts to $20,994.30.


$29,395.28


$35,238.13


$1,452.80


$107.10


$36,583.83


-


98


Library


144.87


144.87


3.81


148.68


Report of the Trustees of Punchard Free School


Year Ending December 31, 1954


PRINCIPAL FUND


January 1, 1954


Cash in Banks


$14,136.92


Real Estate Mortgages 32,843.70


Bonds at Book Value


30,019.38


$77,000.00


December 31, 1954


Cash in Banks


$21,569.03


Real Estate Mortgages


25,411.59


Bonds at Book Value


30,019.38


$77,000.00


INCOME ACCOUNT


January 1, 1954 Cash on Hand


$ 7,181.50


Interest and


Dividends Rec'd 2,630.05


$ 9,811.55


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., Transportation, etc. 3,080.55


December 31, 1954 - Cash on Hand 6,494.00


$ 9,811.55


99


GOLDSMITH FUND


Jan. 1, 1954 Cash in Savings Bank Interest Received


$ 348.77 8.95


Prizes Awarded


20.00


Dec. 31, 1954


Cash in Savings Bank


$ 337.72


DRAPER FUND


Jan. 1, 1954 Cash in Savings Bank Interest Received


$1,519.92


39.59


$1,559.51


Scholarship Awarded


40.00


Dec. 31, 1954 Cash in Savings Bank


$1,519.51


BARNARD FUND


Jan. 1, 1954 Cash in Savings Bank $ 29.79


Dividends Received 40.00


Interest Received


.23


$ 70.02


Prizes Awarded


40.00


Dec. 31, 1954 Cash in Savings Bank


$ 30.02


CHAPIN FUND


Jan. 1, 1954 Cash in Savings Bank Interest Received


$2,255.95


58.77


$2,314.72


Scholarship Awarded


60.00


Dec. 31, 1954 Cash in Savings Bank


$2,254.72


100


$ 357.72


RESERVE FUND


Jan. 1, 1954 Cash in Savings Bank $3,999.86 Interest Received 105.66


Dec. 31, 1954 Cash in Savings Bank $4,105.52


HENRY WARREN BARNARD & MABEL PARADISE BARNARD FUND


Jan. 1, 1954 Cash in Savings Bank $1,052.65


Interest Received 27.79


Dec. 31, 1954 Cash in Saving Bank $1,080.44


ELIZABETH T. GUTTERSON SCHOLARSHIP


Jan. 1, 1954 Cash in Savings Bank $1,037.02 Interest Received 26.97


$1,063.99


Scholarship Awarded


30.00


Dec. 31, 1954 Cash in Savings Bank


$1,033.99


M. E. GUTTERSON BOTANY PRIZES


Jan. 1, 1954 Cash in Savings Bank $ 316.47 8.24


Interest Received


$ 324.71


Prizes Awarded


7.50


Dec. 31, 1954 Cash in Savings Bank $ 317.21


101


ALICE M. BELL FUND


Jan. 1, 1954 Cash in Savings Bank Interest Received


$1,038.92 26.95


$1,065.87


Scholarship Awarded


35.00


Dec. 31 1954 Cash in Savings Bank


$1,030.87


Respectfully Submitted,


EDMOND E. HAMMOND


Treasurer


This is to certify that the securities belonging to the Trus- tees of Punchard Free School and the income accruing there- from have been checked and found to be correct.


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


C. CARLETON KIMBALL ROY E. HARDY HARRY SELLARS


102


Report of Trustees of Memorial Hall Library


Cash January 1, 1954


$1,746.44


Income from Investments, Savings Banks and Contributions


3,129.88


Total Cash and Income


$4,876.32


Paid Town of Andover


$2,600.00


Safe Deposit Box Rental


12.50


Surety Bond for Treasurer


25.00


Balance due on American Land Marks Books


16.80


Lydia Davis - Speaker at Open House


25.00


Paul Cheney - Magic - Children's Book Week


35.00


Services in connection with proposed addition to Library


554.24


Mimeograph Work


62.50


Total Disbursements


$3,331.04


Balance December 31, 1954


$1,545.28


LEO F. DALEY


Treasurer


103


JOHN CORNELL WOOD AND COAL FUND


Principal Fund.


Andover Savings Bank, Andover #13259


$1,000.00


Essex Savings Bank, Lawrence #82865 1,000.00


Broadway Savings Bank, Lawrence #13403 1,000.00


City Inst. Savings Bank, Lowell #69782 1,000.00


The Central Savings Bank, Lowell #21760


1,000.00


$5,000.00


RECEIPTS


Balance on Hand January 1st, 1954 Interest received during 1954


$ 920.47


132.50


$1,052.97


EXPENDITURES


December 29, 1954 - Cross Coal Company


$ 26.95


Balance on hand January 1, 1955


$1,026.02


Respectfully submitted,


EDWARD P. HALL, Chairman


FRED E. CHEEVER, Treasurer ARTHUR W. COLE


104


Balance Sheet, December 31, 1954 GENERAL ACCOUNTS


Dr.


Cr.


Cash


$ 626,241.00


House Sewer Connection Deposits $ 355.00


Petty Cash Library


35.00


U. S. Savings Bonds


297.34


Personal Taxes 1952


907.68


Mass. Hospital Service


4.40


Personal Taxes 1953


1,384.24


Personal Taxes 1954


3,613.22


868.70


Real Estate Taxes 1954


37,186.90


Proceeds of Tax Title Sales as Lands of Low Value Tailings, Payment Stopped on Old Checks


273.41


Motor Vehicle and Trailer Excise Taxes 1954


18,557.53


Unidentified Cash, Board of Public Works


69.53


Unapportioned Sewer Assessments 1949


106.90


Trust Funds Income


15.00


Sewer Assessments 1954


304.03


Old Age Assistance Recovery


2,078.60


Committed Interest 1954


31.20


Smith-Hughes and George Barden Fund


6.32


Tax Titles


5,996.56


School Cafeterias


57.33


Tax Title Possessions


1,313.49


Punchard Athletic Asociation


324.49


Departmental Accounts Receivable


7,371.96


Essex County Tax


486.39


State Parks and Reservations


12.60


State and County Aid to Highways Accounts Receivable


10,676.88


Sale of Real Estate Fund


5,804.15


Amount Carried Forward $ 713,730.35


Amount Carried Forward $ 10,653.26


105


Classified Forest Land


3.76


GENERAL ACCOUNTS-Continued


Amount Brought Forward


$ 713,730.35


Amount Brought Forward


$ 10,653.26


Water Departmental


Cemetery Sales Fund


5,805.00


Accounts Receivable


21,269.61


Parking Meters Fees


19,026.65


Water Liens Added to Taxes 1954


246.90


Overlay 1950


3.60


Board of Public Works Machinery Account


4,571.07


Essex County Tuberculosis Hospital


114.76


Overlay 1952


907.68


Overlay 1953


1,384.24


Overlay 1954


11,238.57


Overlay Surplus


34,512.65


Motor Vehicle and Trailer Excise Taxes Revenue


18,557.53


Special Assessment Revenue


445.89


Tax Titles Revenue


7,310.05


Departmental Revenue


7,371.96


Water Revenue


21,516.51


State and County Aid to Highways Revenue


10,676.88


Reserve for Petty Cash Advance


35.00


Surplus Revenue


449,078.07


Amount Carried Forward $ 735.365.22


Amount Carried Forward


$ 603,091.01


106


GENERAL ACCOUNTS-Continued


Amount Brought Forward $ 735.365.22


Amount Brought Forward $ 603,091.01 488.93


Hurricane Carol Damage Hurricane Edna Damage 22,844.78 Treasurer 6.77


State Census


1,200.00


Article 45, Repairs Town Community Building, Ballardvale 610.00


Article 16, 1953, Traffic Booth, Elm Square 2,898.00


Article 16, 1954, Traffic Booth, Elm Square 5,063.40


Article 19, 1945, Sewer Special Committee Study 447.07


Article 22, Ballardvale Sewer Disposal 23,388.35


Article 23, Constructing Relief Sewers 6,833.91


Article 33, 1953, Engineering Study, Special Committee 200.00


Amount Carried Forward $ 735.365.22


Amount Carried Forward


$ 667,072.22


107


GENERAL ACCOUNTS-Continued


Amount Brought Forward $ 735.365.22


Amount Brought Forward $ 667,072.22 Article 37, Extend Sewer Main, Sutherland Street 893.70


Chapter 90, Construction, River Road Washout 5,932.63


Article 20, Repair and Build Sidewalks 5,000.00


Article 19, 1953, Repair and Build Sidewalks 2,068.42


Article 28, Construct Storm Drainage, Hidden Road 2,000.00


Article 31, Excavation, Subdrainage


and Grading Playstead Area 2,697.30


Article 38, Construct Sidewalk, Burnham Road 5,014.00


Disability Assistance Adminis-


5.27


tration - Federal Grants


Aid to Dependent Children Adminis- tration, Federal Grants 18


Amount Carried Forward $ 735.365.22


Amount Carried Forward


$ 690.683.72


108


109


GENERAL ACCOUNTS-Continued


Amount Brought Forward $ 735.365.22


Amount Brought Forward $ 690,683.72 Old Age Assistance, Federal Grants 230.76


Old Age Assistance Administration, Federal Grants 379.78


Article 40, 1953, School Planning Committee 747.40


Article 42, School Building Committee 10,000.00


Civil Defense


49.53


Article 2, 1951, Special Town Meet-


ing, Purchase Land Adjacent to


Central Schools and Playstead


1,978.15


Article 8, Study of Zoning By-Law


1,700.00


Article 8, 1946, History of Andover Up to and Including World War II


1,800.00


Article 13, 1953, Engineering Study of Playground Area


390.00


Article 15, 1953, Purchase and Develop Parking Areas 10,000.00


Amount Carried Forward $ 735.365.22


Amount Carried Forward


$ 717,959.34


GENERAL ACCOUNTS-Continued


Amount Brought Forward $ 735.365.22


Amount Brought Forward $ 717,959.34 Article 22, 1944, Prepare Plans for Use of Shaw Property 2,500.00 Article 29, 1951, Improve and Resurface Central Playground 2,300.00


Article 33, Riverina Road Fence 25.00


Article 44, Improve and Resurface Central Playground 600.00


Article 19, Extending and Improving Water Systems


9,480.88


Article 24, Acquisition of Land or Buildings on the Water Shed of


Haggetts Pond and Fish Brook 2,500.00


110


Amount Carried Forward $ 735.365.22


Amount Carried Forward $ 735.365.22


DEFERRED REVENUE


Amount Brought Forward Unapportioned Sewer Assessments Not Due


$ 735.365.22


Amount Brought Forward Sewer Assessment Revenue Apportioned Sewer Assessments 1955


$ 735,365.22


4,896.03


1,291.88


Apportioned Sewer Assessments 1956


1,090.79


Apportioned Sewer Assessments 1957


1,051.37


Apportioned Sewer Assessments 1958


998.55


Apportioned Sewer Assessments 1959


808.45


Apportioned Sewer Assessments 1960


662.33


Apportioned Sewer Assessments 1961


244.37


Apportioned Sewer Assessments 1962 204.71


Apportioned Sewer Assessments 1963


120.12


Amount Carried Forward $ 746.733.82


Amount Carried Forward


$ 746.733.82


$ 4,896.03


Apportioned Sewer Assessments Not Due


6,472.57


111


DEBT ACCOUNTS


Amount Brought Forward


$ 746,733.82


Amount Brought Forward


$ 746,733.82


Net Funded and Fixed Debt


$ 639.000.00


Junior High School


4,000.00


Article 1, Elementary School Loan


635,000.00


Amount Carried Forward


$1,385,733.82


Amount Carried Forward


$1,385,733.82


TRUST ACCOUNTS


Amount Brought Forward


$1,385,733.82


Amount Brought Forward


$1,385,733.82


Emily F. Raymond Fund 1,519.81


Walter Landor Raymond Welfare Fund 10,231.90


Municipal Contributory Retirement Funds Cash and Securities


264,129.82


Accrued Interest on Bonds


1,803.04


David and Lucy Hayward Shaw Welfare Fund


13,736.71


Edward Taylor Fuel Fund


143.19


Emeline S. Lincoln Village Improvement Fund


1,263.21


Emma J. Lincoln Village


Improvement Fund


687.86


Dr. Edward C. Conroy School Fund


288.14


Amount Carried Forward


$2,045,292.56


Amount Carried Forward


$1,413,604.64


112


Trust and Investment Funds - Cash and Securities $ 393.625.88


113


TRUST ACCOUNTS-Continued


Amount Brought Forward $2,045,292.56


Amount Brought Forward


$1,413,604.64


Draper School Fund 1,063.90


Holt School Fund


78.91


Alfred V. Lincoln Spelling Bee Fund


500.00


Varnum Lincoln Spelling Bee Fund 500.00


Richardson School Fund


1,107.62


U. S. Constitution Fund, Andover Post #8 200.00


Emma J. Lincoln Library Fund


148.68


Kate Adams Swift Fund for Memorial Hall Library


316.32


J. M. Bean Cemetery Flower Fund


101.38


M. E. Carter Cemeter Flower Fund


304.13


Vesta A. Davis Cemetery Flower Fund


101.38


Ellen F. Foster Cemetery Flower Fund


101.38


Isaac E. Giddings Burial Ground Fund


1,166.59


John Kershaw Cemetery Flower Fund


50.69


Ralph J. Maslen Cemetery Flower Fund 253.44


Mary E. Morrill Cemetery Flower Fund


101.38


Amount Carried Forward $2,045,292.56


Amount Carried Forward


$1,419,700.44


114


TRUST ACCOUNTS-Continued


Amount Brought Forward $2,045,292.56


Amount Brought Forward


$1,419,700.44


Francis Nichols Cemetery Flower Fund 50.69


Abbie M. Smart Special Cemetery Fund 1,139.42


George A. Torrey Cemetery Flower Fund


504.58


Alexander Smith Cemetery Flower Fund


162.20


Bertha M. Stevens Cemetery Flower Fund


202.75


George H. Wardwell Cemetery Flower Fund 506.88


White and McGraw Cemetery Flower Fund 50.69


Post War Rehabilitation Fund


20,994.30


Cemetery Perpetual Cares 140,783.24


John Cornell Wood and Coal Fund


6,026.02


Punchard Free School, Principal Fund


83,474.62


Barnard Fund


1,030.02


Henry W. and Mabel P. Barnard Fund


1,080.44


Draper Fund


1,519.51


Goldsmith Fund


337.72


Edna G. Chapin Fund


2,254.72


Amount Carried Forward $2,045,292.56


Amount Carried Forward


$1,679,818.24


TRUST ACCOUNTS-Continued


Amount Brought Forward $2,045,292.56


Amount Brought Forward $1,679,818.24 Elizabeth T. Gutterson Scholarship Fund 1,033.99 M. E. Gutterson Botany Prize Fund 317.21


Alice M. Bell Fund


1,030.87


Reserve Fund


4,105.52


Memorial Hall Library Fund


93,053.87


Annuity Savings Fund


176,858.98


Annuity Reserve Fund


32,198.86


Pension Fund


54,951.89


Expense Fund


130.58


Special Fund Military Service


1,792.55


115


Total


$2,045,292.56


Total


$2,045.292.56


Town Debt


DETAIL OF PAYMENT BY YEARS


Year


Junior High School 2%


Elementary Schools 11/2%


Total


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


$4,000.


$635,000.


$639,000.


116


Andover Contributory Board of Retirement Report


To the Board of Selectmen, Andover, Mass.


GENTLEMEN :


The Town of Andover Contributory Board of Retirement herewith submits the following report for the year 1954 :


Cash on Hand, January 1, 1954


$


270.92


Receipts :


Appropriations :


Town Pension Fund


$ 30,534.00


Expense Fund


1,800.00


Andover Housing Authority Pension Fund


271.00


Members Contributions


23,929.97


Bonds Matured, Called and Sold


29,394.69


Interest on Investments


8,023.97


$ 94,224.55


Expenditures :


Retirement Allowances


$ 40,345.82


Investments 40,303.95


Accrued Interest on Investments


216.12


Refunds, Contributions and Interest 5,989.14


Office Maintenance :


Clerical Assistance 1,527.00


Office Supplies, Postage & All Other 161.70


$ 1,688.70


Cash on Hand, January 1, 1955


$ 88,543.73 $ 5,680.82


117


STATEMENT OF ASSETS AND LIABILITIES ASSETS


Cash, Andover National Bank Investments


5,680.82 $


Bank Stocks


20,141.00


Government Bonds


95,394.76


Railroad Bonds 42,896.56


Telephone Bonds


46,743.34


Public Utility Bonds


53,273.34


Interest Due and Accrued, December 31, 1954


1,803.04


$265,932.86


LIABILITIES


Annuity Savings Fund


$176,858.98


Special Fund Military Service


1,792.55


Annuity Reserve Fund


32,198.86


Pension Fund


54,951.89


Expense Fund


130.58


$265,932.86


The required appropriation by the Town for 1955 is, Pen- sion Fund,$ 33,345.00, Office Maintenance, $1,800.00, Special Fund Military Service $1,017.98.


During the year fifteen employees were taken into the system. Two members were retired and seven left the em- ploy of the Town. Two pensioners died.


On December 31, 1954 there were one hundred and forty active and four inactive members and thirty-two on retire- ment.


Respectfully submitted


GEORGE C. NAPIER, Chairman DAVID L. NICOLL, Secretary EDMOND E. HAMMOND, Board of Retirement


118


Treasurer's Report


Receipts and payments for the year were as folows :


Balance, January 1, 1954 $ 611,430.66 1,960,361.20


Receipts


$2,571,791.86 1,945,550.86


Payments


Balance, December 31, 1954 $ 626,241.00


Disbursements were in accordance with 111 Selectmen's warrants and 42 due to the hurricanes. Over 19,000 checks were issued and 4,000 pay envelopes filled. Included in the totals above was $98,291.23 for federal taxes, withheld from the pay of 375 individuals. Payroll deductions for the pur- chase of U. S. Savings Bonds amounted to $5,035.88 and $11,491.60 for Blue Cross-Blue Shield dues. Parking meter receipts of $10,856.32 declined slightly for the first time, due to the removal of several meters. 155 tax titles amount to $5,994.21.


Cemetery perpetual care funds and other trust funds, as well as the funds of the Retirement Board, all in the trea- surer's custody, are listed on other pages of this report. 32 former town employees receive an average pension of $106. a month, the same as last year.




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