Town annual report of Braintree, Massachusetts for the year 1958, Part 14

Author:
Publication date: 1958
Publisher: The town
Number of Pages: 270


USA > Massachusetts > Norfolk County > Braintree > Town annual report of Braintree, Massachusetts for the year 1958 > 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).


Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | Part 16


Paid to Depreciation


$ 171,670.05


Paid on Bonds and Interest


$ 36,939.25


$ 128,539.11


198


Other


Transferred to Special Fund for Fayment of Bonds & Interest 1957 Bond Issue, due Feb. 1, 1959 19 8 Bond Issue, due May 1, 1958


$71,312.80 $57,000.00


$ 128,312.80


Operating Balance, December 31, 1958 *Transferred to Construction Account


$ 226.31*


DEPRECIATION ACCOUNT


Balance, January 1, 1958


$ 359,669.31


Transferred from Income, 1958


$ 171,670.05


Interest Income $ 6,584.00


$ 537,923.36


Transferred to Special Land Taking Account Expended on Construction


$ 142,934.93


Balance, December 31, 1958


$ 297,387.43


CONSTRUCTION ACCOUNT


Balance January 1, 1958


$ 2,192.65


Expended on Construction


$ 2,192.65


Transferred from Operating Account, December 31, 1958


$ 226.31


Balance, December 31, 1958


$ 226.31


SPECIAL APROPRIATION FUND FOR NEW NORTON P. POTTER STATION


Received in May, 1958


$1,500,000.00


Expended on New Station


$ 446,573.56


Balance, December 31, 1958 LAND TAKING ACCOUNT


$1,033,426.44*


Appropriated For Land Taking (from Depreciation acct.)


$ 97,601.00


Expended for Pruchase of Land for Norton P. Potter Station $


7,600.00


Balance, December 31, 1958


$ 90,001.00*


SPECIAL CASH FROM INTEREST ON TREASURY BONDS


Received during 1958 per Town Treasurer


$ 7,465.78


Expended on Accounts Payable during 1958


$ 7,465.78


Balance, December 31, 1958 $ .00


BALANCE SHEET


Assets


Plant Investment Petty Cash Special Cash For Ponds & Interest


$4,583,566.68 200.00


128,312.80


Construction Account


226.31


$ 97,601.00


$


.00


199


Special Bond Fund For Norton P. Potter Station


1,033,426.44


Special Cash From Premium on Bonds


2,115.00


Special Cash For Land Taking


90,001.00


Depreciation Account


297,387.43


Special Deposits


17,222.46


Accounts Receivable


123,991.47


Materials & Supplies


70,165.03


Prepaid Insurance


11,247.70


TOTAL ASSETS


$6,357,862.32*


Liabilities


Consumers Deposits


$ 17,222.46


Accounts Payable


.00


Bonds Payable


2,480,000.00


Interest Accrued


14,145.80


Premium on Bonds


2,115.00


Loans Repayments


553,000.00


Appropriations for Construction Repayment


46,168.74


Profit and Loss


3,245,210.32


TOTAL LIABILITIES


BOOK VALUE OF ALL PROPERTY


$6,357,862.32* $4,583,566.68*


I wish to express my appreciation to the Board of Commissioners for their interest and untiring efforts during this past year.


I also wish to thank the Employees of this Department and all Town Department heads and employees for their spirit of co-oper- ation.


Respectfully submitted,


ALBAN SPURRELL, Manager


200


BOARD OF COMMISSIONERS OF TRUST FUNDS


Chairman : £ John J. Canavan, Sr.


Clerk :


Carl R. Johnson, Jr. Joseph F. Connolly


At the adjourned session of the Annual Town Meeting, held Wednesday, March 20, 1957, it was SO VOTED that the Town create a Board of Commissioners of Trust Funds, under the provi- sions of General Laws, Chapter 41, Section 45.


March 3, 1958, at the Annual Town Election, the registered voters of the Town of Braintree elected the following citizens to serve on the newly-created board :


John J. Canavan, Sr. - for a term of three years. Joseph F. Connolly - for a term of two years. Carl R. Johnson, Jr. - for a term of one year.


Meetings were held by the Trust Fund Commissioners on March 15, 1958, May 28, 1958, July 9, 1958, September 29, 1958, and November 14, 1958.


The meetings were devoted principally to becoming acquainted with the trust funds under the supervision of the Commissioners and to determining the scope of the Trust Commissioners' duties. Town of Braintree will receive during 1959, trust funds in excess of one million dollars, under the terms of the will of Norton Eugene Hollis, a former resident of Braintree. These trust funds are to be used for the benefit of Braintree park, library and school departments.


December 31, 1958 report on trust fund transactions appear in the Town Treasurer's annual report.


December 31, 1958 report on trust fund investments is as fol- lows :


JAMES W. COLBERT LIBRARY TRUST:


15 paid-up shares Braintree Cooperative Bank


$3000.00


5 paid up shares Quincy Cooperative Bank 1000.00


Deposit Braintree Savings Bank 17,000.00


East Weymouth Savings Bank 6000.00


South Weymouth Savings Bank 5000.00


Weymouth Savings Bank 4000.00


" Whitman Savings Bank 4443.76


201


NATHANIEL H. HUNT TRUST:


N. Y., N. H. & H. R. R. 1st and Refunding Mort- gage Bonds 4% 2300.00


N. Y., N. H. & H. R. R. General Mortgage Bonds 41/2%


1900.00


N. Y., N. H. & H. R. R. preferred stock


10 shares


Boston & Ma'ne Railroad Bonds 4%


600.00


Boston & Maine Railroad 41/2%


1500.00


Deposit Braintree Savings Bank


10,901.86


" Quincy Savings Bank 2650.94


" Weymouth Savings Bank 4000.00


CHARLES THAYER TRUST FUND :


Deposit Braintree Savings Bank


4230.05


" Quincy Savings Bank 4410.60


- South Weymouth Savings Bank 3365.29


Warren Institution for Savings 4262.53


" Weymouth Savings Bank 4060.59


The Principal of All Other Trust Funds is On Deposit At The Braintree Savings Bank


202


COMMITTEE FOR RECORDING AND LISTING PERFORMANCE BONDS


Upon written request by the Committee to all Departments of the Town, the Committee has compiled the following list of Surety and Performance Bonds, and has filed this list with the Town Clerk.


The Committee asks the Town Meeting to request the Town Clerk to keep on file a list of all performance and other surety bonds, including the current list filed by this Committee.


The Committe further recommends and urges all Departments to file any such bonds that they may receive with the Town Clerk, unless provision is made in their office for safe keeping and in that case to notify the Town Clerk of any bond which may be filed with them, giving the name of principal and surety, number, and amount of bond, and purpose for which it was given.


Respectfully submitted,


Norris H. Pinault, Chairman G. Vinton Jones Joseph F. Connolly, Clerk


203


BLASTING BOND


Blasting Bonds filed with the Commonwealth of Mass. covering work throughout the State by the indi- vidual contractors for cities and towns as a whole, incuding the Town of Braintree. Certification of the placing of these bonds with the Commonwealth of Mass. is filed with the Braintree Fire Department.


Robert Browne, 1560 Concord St., Framingham, Mass. $20,000.00


Louis C. Barby, Jr., 308 King Street, Cohasset, Mass.


$20,000.00


Marinucci Bros. & Co., Inc., 51 Ceylon St., Dorchester, Mass. $20,000.00


Rowe Construction Co., 1500 Salem St., Malden, Mass. $20,000.00


Hard Rock Inc., Box 202, Westwood, Massachusetts $20,000.00 Frank Cirone, 17 Holton St., Woburn, Massachusetts $20,000.00 C. E. Russell, 54 Dorset Street, Dorchester, Mass. $20,000.00 M. DeMatteo Const. Co., 200 Hancock St., Quincy, Mass. $20,000.00 C Di Martino & Sons Inc., 86 Clare Ave. Hyde Park, Mass. $20,000.00 Del Prete Const. Co., Inc., 105 Market St. Rockland, Mass. $20,000.00 Hamilton Const. Co., 230 Worcester St., Wellesley, Mass. $20,000.00 U. C. MacDonald Inc., 372 Quincy Ave., East Braintree, Mass. $20,000.00 John T. Parmenter Inc., Parmenter Lane, Hanover, Mass. $20,000.00 $20,000.00 Ralph Richard Co., 495 Whiting Ave., Dedham, Mass. The following Basting Bonds cover blasting operations perormed in the Town of Braintree, said opera- tions not covered by bonds filed with the Commonwealth of Mass. These bonds are filed with the Town Clerk's Office.


204


Civitarese-Piatelli Const. Corp., $20,000.00


filed July 1, 1958


J. D'Amico, Inc. John T. Parmenter Inc.


5,000.00


filed June 2, 1958


Susi and Di Censo 10,000.00


filed Sept. 24, 1958


WATER DEPARTMENT - PERFORMANCE BONDS


PRINCIPAL ON BOND SURETY COMPANY PURPOSE Addition to fil-


AMOUNT


DATE FILED


Carlino Enginering & Construction Co.


New Amsterdam Casualty Co.


$130,000.00


Apr. 30, 1958


New Amsterdam


$ 18,300.00


May 13, 1958


Casualty Co.


mains


tration Plant Installing water


*Carlino Engineering & Construction Co.


5,000.00


*Carlino Engineering & Construction Co. *Line Construction Co. De Matteo Const. Co.


De Matteo Const. Co.


Chicago Bridge & Iron Co. *Held in Water Department Files


New Amsterdam Casualty Co. New Amsterdam Casualty Co. Aetna Ins. Co. of Hartford, Conn. Aetna Ins. Co. of Hartford, Conn.


Installing water mains


$ 4,314.00


Nov. 12, 1957


Installing water mains


$ 12,660.00


June 4, 1958


Excavation of


$ 10,000.00


Sept. 26, 1958


Upper Reservoir


Excavation of


$ 30,000.00


Sept. 26, 1958


Upper Reservoir


Standpipe $ 45,800.00


May 2, 1958


EMPLOYEES BONDS


PRINCIPAL ON BOND


AMOUNT $1,000.00


DATE FILED


Eleanore M. Mullaney


1,000.00


Florence Gomez


1,000.00


June 6, 1958


Genevieve S. MacInnis


1,000.00


Feb. 10, 1958


Lillian M. Woodsum


1,000.00


Feb. 10, 1958


Florence Gomez


1,000.00


Eugenia Anastos


1,000.00


Lillian M. Woodsum


1,000.00


Genevieve S. MacInnis


1,000.00


Eleanore M. Mullaney


1,000.00


PUBLIC OFFICIAL BONDS


PRINCIPAL ON BOND


AMOUNT


DATE FILED


Luigi A. Bolea


$2,000.00


June 24, 1957


James F. Burns


3,000.00


Dec. 16, 1958


James F. Burns


3,000.00


Dec. 9, 1957


James F. Burns


3,000.00


Jan. 2, 1957


Elizabeth N. Cruickshank


2,000.00


April 22, 1958 March 6, 1958


George H. Gerrior Jr.


74,600.00


Aug. 1, 1958 April 25, 1958


Eugenia Anastos


205


George H. Gerrior Jr. Thelma C. Hedlund Thelma C. Hedlund Carl R. Johnson


73,500.00


75,800.00


April 3, 1958


75,000.00


2,000.00


Albert J. Munichiello


3,000.00


Gordon H. Robinson


3,000.00


Gordon H. Robinson


3,000.00


Gordon H. Robinson


2,000.00


Richard H. Stanley


3,000.00


Ralph B. Woodsum


5,000.00


REMOVAL OF DISEASED ELM TREE BONDS $2,5000.00


Dec, 1957


MISCELLANEOUS BONDS


PURPOSE


AMOUNT $ 5,000.00


Feb. 21, 1958


Town Hall-Masonry Work


3,247.00


Aug. 29, 1958


Blasting


Sept. 20, 1957


Masonry & Evacuation


450,000.00


Sept. 20, 1957


Work Etc.


Town Clerks Vault


10,800.00


June 18, 1958


MISCELLANEOUS


Bank Books on file


* Paul Livoli- Watertown Savings Bank-posted withdrawal slip $6,350.00


:. Paul Livoli- Newton Savings Bank-posted withdrawal slip


$1,400.00


*Held in Town Treasurer's Files


206


PRINCIPAL ON BOND A. C. Trojano Co., Inc. F. Di Cenzo & Sons Inc. Marinucci Bros. & Co., Inc. A. C. Trojano Co., Inc. Luella R. Bailey


5,000.00


Since 1947


E. J. Rose & Son Inc.


DATE FILED


June 25, 1958 June 4, 1958


Maltby & Co., Inc.


207


SEWER DEPT. PERFORMANCE BONDS


PRINCIPAL ON BOND Quintin Vespa Co., Inc.


SURETY COMPANY


PURPOSE


AMOUNT


DATE FILED


Mass. Bonding & Ins. Co.


Contract


$131,600.00


May 28, 1958


M. De Matteo Const. Co. Quintin Vespa Co., Inc.


Aetna Ins. Co.


Contract


2,880.00


Sept. 8, 1958


Mass. Bonding & Ins.


Contract


105,342.00


Oct. 31, 1958


Company


BOARD OF HEALTH


1 PRINCIPAL ON BOND Joseph Nisby, 329 Rockland St., Abington,


SURETY COMPANY United States Fidelity & Guaranty Co.


PURPOSE Collection of Garbage


AMOUNT $38,000.00


DATE FILED April 1, 1958


PRINCIPAL ON BOND E. J. Rose & Sons Inc.


SURETY COMPANY Seaboard Surety Co.


PURPOSE AMOUNT $224,987.00


DATE FILED Nov. 19, 1957


E. J. Rose & Sons Inc.


Aetna Insurance Co.


Hollis School


3,095.00


May 26, 1958


Rockwood Sprinkler Co.


*Clover Const. Co.


Aetna Casualty & Surety Company Home Indemnity Co.


Lincoln School


1,190.00


Repair Stone wall


6,975.00


Feb. 10, 1958


Rockwood Sprinkler Co. Carlino Eng. & Const. Co.


65,227.00


Metherall & McCausland


5,568.00


Charles A. Crayton Co., Inc.


62,790.00


Aug. 21, 1957


G. L. Rugo & Sons Inc. Duncan & Armstrong Edward T. Dwyer Const. Co. *Held in School Dept. Files


442,143.00


May 16, 1956


4,890.00


36,918.65


SCHOOL DEPARTMENT PERFORMANCE BONDS


Addition and alteration to Watson School


Windows, Repair Lincoln School Sprinkler System


9,146.00


May 26, 1958


208


Held in Treasurer's file


ELECTRIC LIGHT DEPARTMENT PERFORMANCE AND SURETY BONDS


PRINCIPAL ON BOND Ingersoll Rand Co.


NAME OF COMPANY Federal Ins. Co.


PURPOSE


AMOUNT


Contract for 2 Boiler Feed


$ 46,380.00


Pumps


Calvert Co., Inc.


Aetna Casualty & Surety Employers Liability


Building Foundation


47,504.00


Raymond Concrete Pile Co.


Federal Ins. Co.


Contract for Support Piles


25,150.00


Roy B. Rendle & Co.


American Employers


Contract for Bulkhead


64,900.00


Power Piping Corp.


Federal Ins. Co.


Contract for Cast Iron Valves


41,142.00


Milton Roy Co.


Maryland Casualty Co.


Contract for Chemicals Pumps


5,095.28


& Tanks


American Chimney Corp. Kay-Locke Inc.


Nation al Surety Corp. New Amsterdam Casualty


Construction Bldg.


6,962.00 13,100.00


* Martha H. Thayer (Mrs. Harold)


SURETY COMPANY U. S. Fidelity & Guaranty Co. Casualty Co. of


PURPOSE


AMOUNT $ 2,000.00


Sept. 4, 1956


* Richford Land Developing & Equip. Co.


New Amsterdam


Employees Liability


Fill Removal


$ 10,000.00


Dec. 13, 1957


Assurance Corp. Ltd.


Phoenix Assurance Co.


Fill Removal


$ 10,000.00


Dec. 3, 1957


*Maurice A. Esson


Traveler's Indemnity Co. Fill Removal


10,000.00


March 18, 1958 -


*J. F. White


Traveler's Indemnity Co. Fill Removal


$ 10,000.00


Dec. 13, 1957


Contracting


Albert Paluzzi and


Dec. 30, 1957


owners of land on


Middle St.


Earle F. Armstrong


$ 10,000.00


April 8, 1958


FILL REMOVAL


PRINCIPAL on BOND


DATE FILED


Fill Removal


Fill Removal


$ 10,000.00


Jan. 10, 1958


*Edward T. Dwyer Const.


*Blue Hill Cemetery Assn.


of New York


Fill Removal


$ 12,000.00


Contract for 15KV Bus Duct


8,375.00


Clark & Smith, Inc.


Chimney Repairs


209


Westinghouse Electric. Corp. American Water Softner Penn Electrical Co. Reynolds Bros. Inc. Westinghouse. Elec. Corp.


Federal Ins. Co. Maryland Casualty Co. Fidelity & Deposit Co. Peerless Ins. Co. Federal Ins. Co.


Control Center Deaerator Distribution Cabinets Electrical Underground Evaporator


16,735.00 8,000.00 1,160.00


116,700.00


Westinghouse Elec. Corp.


Federal Ins. Co.


Forced Draft Fan


6,320.00


Feed Water Heaters


21,330.00


Fuel Oil Pumps


8,680.00


Heater Drip Pumps


1,696.00


Condenser Service & Engr.


Fidelity & Guaranty


House Service


5,772.00 432.75


Mason-Neilan


Fidelity & Deposit Co.


Level Controls


7,525.50


Riley Stoker Corp.


Federal Ins. Co.


Steam & Generating Unit


438,285.00


Frank M. Weaver & Co., Inc.


Federal Ins. Co.


Structural Steel


110.000.00


General Electric Co.


Federal Ins. Co.


13.8KV Switchgear


42.320.00


Federal Pacific Elec. Co.


Fidelity & Casualty Co.


13.8KV Switchgear


52,100.00


Worthington Corp.


Federal Ins. Co.


Screen Wash pumps


3,013.00


Scannell Boiler Works Inc.


American Employers


Miscl. Tanks


4.422.44


Monitor Controller


United States Fire Ins.


Transfer Switch


1.364.00


Worthington Corp.


Federal Ins. Co.


Surface Condenser


89,600.00


Tink Belt Co.


Fidelity & Deposit Co.


Water Screen


11.015.00


Bowser Inc.


American Motorists Ins.


Turbine Oil Purifier Tank


4,913.25*


& Pump


Al'is Chalmers Mfg. Co.


Federal Ins. Co.


460 V Unit Substation


35.500.00


General Electric Co.


Federal Ins. Co.


Tubine Generator


770,200.00


Northern Engineering Works


Travelers Indemnity


Turbine Room Crane


25,440.00


Allis Chalmer Mfg. Co.


Federal Ins. Co.


Water Softening System 1,987.00


A. C. Trojano Co.


-


Aetna Casualty & Surety


Plain St. Underground


10,645.00


Westinghouse Elec. Corp. Federal Ins. Co. Peabody Engineering Corp. Worthington Corp. Penn Pump & Compressor Co. Hartford Accident


Firemens Fund Indem. Co. Federal Ins. Co.


Air Compressors


10,570.00


Laboratory Furniture Co.


Maryland Casualty Co.


Laboratory Table


9,315.00


PLANNING BOARD


PRINCIPAL


Campanelli Homes Inc. Campanelli Homes Inc. Graziano Const. Co. Graziano Const. Co. Court Construction Co. Steve Kourajas Inc. James Rindone


SURETY COMPANY


PURPOSE


AMOUNT


Aetna Casualty (6S58225)


Subdivision


$ 5,000.00


Aetna Casualty (6S58226)


Subdivision


5,000.00


Aetna Casualty (S-404657)


Subdivision


5,000.00


Subdivision


10,000.00


Aetna Casualty (6S58106) Old Colony Inc. (C189658)


Subdivision


5,000.00


Aetna Casualty Co. (S404456)


Subdivision


15,000.00


New Amsterdam Casualty Co. (221968)


Subdivision


11,500.00


210


REPORT OF THE TOWN TREASURER THELMA C. HEDLUND, Town Treasurer in account with THE TOWN OF BRAINTREE


Cash Book Balance January 1, 1958 $ 1,902,036.77


Receipts from all sources, 1958


11,695,856.68


$13,597,893.45


Paid on Selectmen's Warrants


$10,441,032.57


Cash Book Balance, December 31, 1958 3,156,860.88


$13,597,893.45


(Details of Recipts and Expenditures are shown in Accountant's Report)


OUTSTANDING FUNDED DEBT, DECEMBER 31, 1958


First Sewer Loan 31/2% due 1959-1961 $ 42,000.00


Sewer Loan 11/2% due 1959


5,000.00


Sewer Loan 1.40% due 1959-1961


15,000.00


Sewer Loan 1.90% due 1959-1961


29,000.00


Sewer Loan 2.20% due 1959-1963


50,000.00


Sewer Loan 2.10% due 1959-1964


30,000.00


Sewer Loan 21/2% due 1959-1973


230,000.00


Water Main Bonds 11/4% due 1959-1961


36,000.00


Water Construction Bonds 11/4% due 1959-1961


9,000.00


Water Standpipe Bonds 2.10% due 1959-1969


33,000.00


Water Well Equipment Notes 3% due 1959-1962


10,000.00


Water High Lift Pump Bonds 3.20% due 1959-1962


16,000.00


Water Filtration Plant Addition Bonds 3.20%


due 1959-1977


193,000.00


Water Mains & Standpipe Bonds 21/2% due 1958-1968


305,000.00


High School Addition Bonds 21/4% due 1959-1968


400,000.00


Elementary School Bonds 1.75% due 1959-1970


390,000.00


Elementary School Bonds 1.90% due 1959-1972


926,000.00


Elementary School Bonds 2.10% due 1959-1974


530,000.00


Elementary School Bonds 2.10% due 1959-1974


128,000.00


Elementary School Bonds 2.40% due 1959-1976


430,000.00


Elementary School Addition Bonds 3.20%


due 1959-1967


147,000.00


Elementary School Remodeling Bonds 3.20% due 1959-1962


44,000.00


South Junior High Bonds 2.10% due 1959-1975


970,000.00


Electric Light Bonds 1.75% due 1959-1972


980,000.00


Electric Light Bonds 2.80% due 1959-1978


1,500,000.00


Library Bonds 2.10% due 1959-1972


140,000.00


TAX TITLES


Tax Titles Held by Town, January 1, 1958


$18,203.76


1958 Takings


6,085.82


1958 Subsequent Taxes added to Tax Titles


5,718.89


Total .... $30,008.47


211


Tax Titles Redeemed in 1958 Tax Titles Disclaimed in 1958


$13,454.50 238.20


Tax Titles Held, December 31, 1958


16,315.77


Total


$30,008.47


TRUST FUND TRANSACTIONS . 1958


Principal


of Fund


Dec. 31, 1958


Balance


o of Income


Jan. 1, 1958


Income


Receipts


ff Payments


Balance


of Income


Dec. 31, 1958


Stabilization Fund


$1,000.00


$253.20


$37.88


$291.08


Henry H. Musick Tr.


250.00


95.47


10.43


105.90


Chas. Edw. French Tr.


2,419.50


285.31


81.74


367.05


Hannah R. Hollis Tr.


100.00


3.02


3.11


6.13


N. H. Hunt Tr.


24,376.99


664.50


664.50


George W. Kelley Tr.


200.00


38.69


7.20


45.89


Joseph S. Millier


123.66


49.15


5.21


54.36


Julia A. Minchin Tr.


100.00


39.74


4.21


43.95


Anna M. Penniman Tr.


500.00


17.62


15.41


15.00


18.03


Avis A. Thayer Tr.


500.00


74.84


17.36


92.20


Charles Thayer Tr.


20,329.06


672.84


663.20


640.00


696.04


Charles C. Hill Tr.


100.00


39.75


4.21


......


43.96


Colbert School Tr.


1,760.17


53.19


1,813.36


Colbert Library Tr.


40,443.76


1,315.11


1,353.93


1,200.00


1,469.04


Minerva P. Martin Tr.


300.00


46.81


10.47


57.28


Mary F. White Tr.


10,665.50


824.24


347.27


1,171.51


Pond St. Cemetery Acct.


20,328.95 2767.77


683.20


940.00


2,510.97


CONTRIBUTORY RETIREMENT SYSTEM


Cash Balance, January 1, 1958


$ 16,762.32


Cash Receipts for 1958


162,695.20


Total


$179,457.52


Payment Made on Vouchers of Retirement Board


$168,525.08


Cash Balance December 31, 1958


10,932.44


$179,457.52


SECURITIES HELD - DECEMBER 31, 1958:


$5,000.00 Aluminum Company of America 3 % Due 1979


10,000.00 American Tel. and Tel. Co. 2 34% Due 1980


4,000.00 American Tel. and Tel. Co. 43/8% Due 1985


5,000.00 Boston Edison Company 2 34% Due 1980


3,000.00 Central Maine Power Company


2 3/4 % Due 1976


3,000.00 Central Maine Power Company 31/2% Due 1970


5,000.00 Central Vermont Public Service Corp. 33/8% Due 1982


10,000.00 Chicago Burlington and Quincy Railroad


31/2% Due 1968


o 1958


from Income


1958


...


212


5,000.00 Cincinnati Gas and Electric Co. Inc. 41/8% Due 1987 41/4% Due 1987


5,000.00 Commonwealth Edison Company


4,000.00 Consolidated Edison Co. of New York Inc. 25/8% Due 1977


5,000.00 Dayton Power and Light Company 31/4% Due 1982


5,000.00 Detroit Edison Company


2 34% Due 1985 3 34% Due 1983


10,000.00 Fall River Electric Light Company


5,000.00 General Motors Corporation


31/4% Due 1979


7,000.00 General Telephone Co. of California


41/2% Due 1986


3,000.00 Georgia Power Company


33/8% Due 1982 31/8% Due 1984


4,000.00 Illinios Bell Telephone Company


4,000.00 Illinios Bell Telephone Company


5,000.00 Indianapolis Power and Light Company


3 % Due 1978 27/8% Due 1979 31/2% Due 1969


10,000.00 Lousiville and Nashville R. R. Equip. Trust 5,000.00 Montana Power Company


33/8 % Due 1966 27/8% Due 1975


10,000.00 Mountain States Tele. and Tele. Co.


3,000.00 Narragansett Electric Company


2,000.00 New England Power Company


4,000.00 New England Tel. and Tel. Co.


3 % Due 1974


6,000.00 New England Tel. and Tel. Co.


5,000.00 New Jersey Bell Telephone Company


4,000.00 New Jersey Power and Light Company


27/8% Due 1979


5,000.CO New York Telephone Company


2 34% Due 1982 33/8% Due 1996


7,000.00 New York Telephone Company


4,000.00 Niagara Mohawk Power Corporation


2 3/4 % Due 1980


10,000.00 Northern Pacific R. R. Equip. Trust


35/8 % Due 1968


5.000.00 North Shore Gas Company


5,000.00 Ohio Power Company


4 % Due 1975 3 % Due 1971 27/8% Due 1980 3 % Due 1971


5,000.00 Pacific Gas and Electric Company


4 000.00 Pacific Tel. and Tel. Company


31/8% Due 1983


6.000.00 Pacific Tel. and Tel. Company


3,14% Due 1979 35/8% Due 1991


2,000.00 Pacific Tel. and Tel. Company


43/8% Due 1988


5,000.00 Pennsylvania Electric Company


33/8% Due 1972


4,000.00 Philadelphia Electric Company


27/8% Due 1978


4,000.00 Philadelphia Electric Company


45/8% Due 1987


5,000.00 Public Service Company of New Hampshire


314% Due 1973 3 % Due 1978


5,000.00 Southern California Edison Company


278% Due 1976


5,000.00 Southern California Edison Company


358% Due 1981


2,000.00 Southwestern Bell Telephone Company


2 3/4% Due 1985


5,000.00 Surburban Electric Company


41/2% Due 1987


17,500.00 U. S. Savings Bonds


21/2% Due 1959


5,000.00 U. S. Savings Bonds


31/4% Due 1968


58.000.00 U. S. Treasury Bonds


314% Due 1983 31/2% Due 1990


30,000.00 U. S. Treasury Bonds


3 % Due 1995


2,000.00 Westchester Lighting Company


31/2% Due 1967


5,000.00 West Penn Power Company


27/8% Due 1979


35 shares Chase Manhattan Bank, New York


252 shares First National Bank of Boston


89 shares First National City Bank of New York


80 shares Manufacturers Trust Company, New York


43/8% Due 1988 3 % Due 1978 2 34% Due 1979


20,000.00 International Bank


4 % Due 1993 31/8 % Due 1988


4.000.00 Pacific Gas and Electric Company


1,000.00 Pacific Tel. and Tel. Company


5.000.00 San Diego Gas and Electric Company


10,000.00 U. S. Treasury Bonds


213


200 shares National Shawmut Bank of Boston 106 shares Rockland-Atlas National Bank of Boston 10 shares Newton-Waltham Bank and Trust Company 5 shares Harvard Trust Company, Cambridge 60 Paid-up Shares Braintree Cooperative Bank


40 Paid-up Shares Holbrook Cooperative Bank


10 Paid-up Shares Home Cooperative Bank 5 Paid-up Shares Lawrence Cooperative Bank


20 Paid-up Shares Lincoln Cooperative Bank


25 Paid-up Shares Marblehead Cooperative Bank


40 Paid-up Shares Mattapan Cooperative Bank


25 Paid-up Shares Melrose Cooperative Bank


40 Paid-up Shares Middleborough Cooperative Bank


10 Paid-up Shares Orange Cooperative Bank


10 Running Shares Orange Cooperative Bank Series 124


20 Running Shares Pilgrim Cooperative Bank, Series 134


40 Paid-up Shares Pittsfield Cooperative Bank 50 Paid-up Shares Quincy Cooperative Bank


20 Running Shares Quincy Cooperative Bank Series 187


10 Running Shares Randolph Cooperative Bank Series 123 30 Paid-up Shares Randolph Cooperative Bank 55 Paid-up Shares Sandwich Cooperative Bank


10 Paid-up Shares Shirley Cooperative Bank


25 Paid-up Shares South Shore Cooperative Bank


25 Paid-up Shares Stoughton Cooperative Bank 25 Paid-up Shares Ware Cooperative Bank $4,000.00 Deposit Abington Savings Bank


10,000.00 Deposit Boston Five Cents Savings Bank


35,000.00 Deposit Braintree Saving Bank


4,000.00 Deposit Cambridge Savings Bank


5,000.00 Deposit Cohasset Savings Bank


5,000.00 Deposit Holyoke Savings Bank


1,000.00 Deposit Mechanics Savings Bank


4,000.00 Deposit Middlesex Institution for Savings


5,000.00 Deposit Millsbury Savings Bank


4,000.00 Deposit Natick Five Cents Savings Bank


4,000.00 Deposit Palmer Savings Bank


5,000.00 Deposit Provident Institution for Savings


5,000.00 Deposit Randolph Savings Bank


5,000.00 Deposit Salem Savings Bank


15,000.00 Deposit South Weymouth Savings Bank


7,500.00 Deposit Springfield Institution for Savings


5,000.00 Deposit Suffolk Savings Bank for Seamen and Others 10,000.00 Deposit Ware Savings Bank


10.000.00 Deposit Wareham Savings Bank


10,000.00 Deposit Weymouth Savings Bank


10,000.00 Deposit Whitman Savings Bank


10,000.00 Deposit Worcester County Institution for Savings


1,000.00 Deposit. Second Federal Savings and Loan Asso. of Boston


1,000.00 Deposit Suffolk First Fed. Savings and Loan Asso. of Boston


Respectfully submitted, THELMA C. HEDLUND, Treasurer


214


TOWN OF BRAINTREE OFFICE OF THE TOWN ACCOUNTANT DETAIL OF EXPENDITURES AND RECEIPTS FOR THE YEAR 1958 RECEIPTS GENERAL REVENUE


Taxes:


1958


Real Estate


$3,402,560.10


Personal Property


127,416.31


Poll


14,904.35


$


3,544,880.76


1957:


Real Estate


85,412.72


Personal Property


2,614.39


Poll


50.00


88,077.11


1956:


Real Estate


280.18


Personal Property


99.01


379.19


1955:


Real Estate


73.68


Judgements


639.60


Tax Title Redemptions:


13,034.18


Water Liens


420.32


13,454.50


From State:


Income


71,455.00


Corporation


156,120.08


Meal


8,962.39


School Aid (Income Tax Chp. 70




Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.