Town annual report of Ipswich 1941, Part 8

Author: Ipswich (Mass.:Town)
Publication date: 1941
Publisher: Lynn News Press / J. F. Kimball
Number of Pages: 278


USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1941 > Part 8


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An audit of the accounts of the Town is being conducted by the State Examiners and we feel at this time that the audit will be completed in time to be inserted in the Town Report.


During the year work has been carried on under Chapter 90 Maintenance and Construction. Some new construction was completed on Topsfield Road and Linebrook Road received a resurfacing of Tarvia and peastone at various locations where it was most needed. This work was carried out under the supervision of the Engineer from the Department of Public Works, in cooperation with the Superintendent of Streets. We regret that no money will be available for Chapter 90 Con- struction during the year 1942. The Board feels that the condition of the roads coming under the category of Chapter 90 Construction are in fairly good condition; therefore, we make no request for Chapter 90 Maintenance funds during 1942.


An article will appear in the warrant for the Annual Town Meeting requesting some action to be taken in regard to the condition of Labor-in-Vain Road Bridge. For the past two years, the Board of Selectmen have called to the attention


170


IPSWICH TOWN REPORT


of the citizens the condition of this bridge and we feel that some work will have to be done on it this year. The Chairman of the Board has had plans prepared and has contacted the Department of Bridges on this matter, and we hope to have some information and figures available to place before the citizens at the Town Meeting.


Your Board wishes to call your attention to the increased activities in the Town Hall. Demands are being made each year for additional space in the building by various organiza- tions and departments. Your Board has allocated the Select- men's Room to the Board of Assessors and their office will be occupied by the Board of Health who have long wanted quarters of their own. The Board of Selectmen will hold its regular meetings in the Accountant's office and all hearings to be conducted by the Board will be held in the Court Room. The Board feels that some work should be done this year in the office occupied by the Town Treasurer. The set-up in this office is entirely unsatisfactory at the present time to carry on the business of that office in an efficient and businesslike way. Due to the fact that the Budget for the Town Hall includes only enough money for ordinary repairs, we are inserting a special article in the warrant asking for an appropriation to make changes in this office and to take care of expenses required by the moving of the Assessors and the Board of Health.


Inasmuch as some of the offices of the Town Hall will be used evenings and in view of the fact that many of the heads of the various Civilian Defense Committees will be using the Hall and some of the offices, it will be necessary to make arrangements to black out the building. In a building of this size, this is apt to cost a considerable amount which cannot be taken out of the limited Town Hall appropriation.


During the year your Board appointed J. Perry Smith, Jr. to head and organize a Civilian Defense Committee in this


171


IPSWICH TOWN REPORT


town. This is an important assignment and one that carries a great deal of responsibility. While no one is in a position at the present time to know just what will be required to supply and equip such an organization, we must all face the fact that it will become necessary to make sizable appropriations to carry on the work of this organization. When we read and hear of events happening in other parts of the world, where countless thousands of lives are being lost and millions of dollars worth of property is being destroyed through neglect to provide for adequate protection when warned by competent persons who were in a position to know that their recommenda- tions were right, let us not place ourselves in the position where we are going to measure the protection and safety of our citizens and their property in dollars and cents. The men and women who comprise our Civilian Defense organization are giving their time and their efforts so that an efficient organiza- tion will be set up for the protection of our town in case of trouble, and it is the duty and obligation of the citizens to ap- propriate a sufficient sum of money to provide for the proper equipment to carry on their work. The Board of Selectmen have ordered all department heads to cooperate with the Civilian Defense organization and to place all of their equip- ment at its disposal if and when needed, and we appeal to every citizen in the Town to cooperate with this organization.


BRAINARD C. WALLACE, Chairman


WALLACE J. LATHROP BERNARD M. SULLIVAN


172


IPSWICH TOWN REPORT


Report of the Town Treasurer


To the citizens of the Town of Ipswich:


The report of the Town Treasurer for the year 1941 is herewith submitted.


Balance, January 1, 1941 $ 82,468.89


Receipts (January 1 to November 1, 1941)


$ 82,468.89 606,823.04


689,291.93


Expenditures (January 1 to November 1, 1941) 542,636.79


146,655.14


Balance, November 1, 1941 146,655.14


146,655.14


Receipts (November 1 to December 31, 1941) 230,658.85


377,313.99


Expenditures (November 1 to December 31, 1941) 309,997.85


Balance, December 31, 1941 $ 67,316.14


Detailed reports of all financial transactions of the town for the year may be found in the tables in the report of the Town Accountant.


The borrowing capacity of the town for temporary revenue loans was $296,180.47. Of this amount the sum of $250,000 was borrowed.


173


IPSWICH TOWN REPORT


There are five (5) notes outstanding, in the amount of $100,000, held by the Second National Bank of Boston. This amount is the same as was unpaid on temporary loans in 1940.


Receipts during the year 1941 were $62,072.19 more than the year 1940. Disbursements during the year 1941 were $80,881.03 more than the year 1940. Expenditures during the year involved the issuance of 16,532 checks.


Respectfully submitted, ELWYN F. MCCARTHY


Treasurer.


Temporary Auditor's Statement


I hereby certify that I have examined the accounts of the Treasurer and find them correct and the balance in his hands to agree with the report submitted. I have approved vouchers for all bills paid from December 13 to December 31, 1941, and find them to agree with the Treasurer's Warrants.


BRAINARD C. WALLACE, Temporary Auditor, Town of Ipswich.


Ipswich, February 16, 1942


Essex, ss.


Then personally appeared Brainard C. Wallace, Tempor- ary Auditor of the Town of Ipswich, and made oath that the above statement by him is true.


Before me :-


Eduard S. Cogswell


Justice of the Peace My Commission expires July 10, 1947


174


IPSWICH TOWN REPORT


Tax Collector's Report


MOTOR VEHICLE EXCISE


Levy of 1932


Outstanding January 1, 1941 $ 90.16


Collections


$ 12.29


Outstanding December 31, 1941


77.87


$ 90.16


$ 90.16


MOTOR VEHICLE EXCISE


Levy of 1933


Outstanding January 1, 1941


$ 210.71


Refund


10.75


Collections


$ 18.78


Due from James D. Reilly


4.20


Outstanding December 31, 1941


198.48


$ 221.46


$ 221.46


MOTOR VEHICLE EXCISE


Levy of 1934


Outstanding January 1, 1941


$ 330.72


Collections


$ 26.45


Due from James D. Reilly


12.28


Outstanding December 31, 1941


291.99


$ 330.72


$ 330.72


175


IPSWICH TOWN REPORT


MOTOR VEHICLE EXCISE


Levy of 1935


Outstanding January 1, 1941 Collections


$ 294.45


$ 27.18


- Due from James D. Reilly


4.00


Outstanding December 31, 1941


263.27


$ 294.45


$ 294.45


MOTOR VEHICLE EXCISE


Levy of 1936


Outstanding January 1, 1941


$ 569.44


Collections


$


31.11


Due from James D. Reilly


53.28


Outstanding December 31, 1941


485.05


$ 569.44


$ 569.44


MOTOR VEHICLE EXCISE


Levy of 1937


Outstanding January 1, 1941 Collections


$ 714.97


$ 61.18


Due from James D. Reilly


23.34


Outstanding December 31, 1941


630.45


$ 714.97 $ 714.97


176


IPSWICH TOWN REPORT


MOTOR VEHICLE EXCISE


Levy of 1938


Outstanding January 1, 1941


$ 521.66


Collections


$ 24.28


Duplicate Refund Adjusted


4.12


Due from James D. Reilly


12.54


Outstanding December 31, 1941


480.72


$ 521.66


$ 521.66


...


- 7


MOTOR VEHICLE EXCISE


Levy of 1939


Outstanding January 1, 1941


$ 532.32


Refunds


5.10


Collections


$ 124.87


Due from James D. Reilly


8.00


Outstanding December 31, 1941


404.55


$ 537.42


$ 537.42


MOTOR VEHICLE EXCISE


Levy of 1940


Outstanding January 1, 1941


$1,296.20


Refunds


68.76


Collections


$ 931.87


Abatements


38.99


Due from James D. Reilly


4.00


Outstanding December 31, 1941


390.10


$1,364.96


$ 1,364.96


177


IPSWICH TOWN REPORT


MOTOR VEHICLE EXCISE Levy of 1941


Commitments


Refunds


$14,783.06 308.11


Collections


$12,739.39 678.49


Abatements


Due from James D. Reilly


4.00


Outstanding December 31, 1941


1,669.29


$15,091.17


$15,091.17


TAXES Levy of 1933


Transferred to Tax Title in error $ 120.60


Overpayment to be refunded 13.24


Taxes 1935 reported as 1933 17.11


Taxes 1936 reported as 1933


13.20


Due from James D. Reilly


$ 43.55


Outstanding December 31, 1941


120.60


$ 164.15


$ 164.15


TAXES Levy of 1934


Outstanding January 1, 1941


$. 124.25


Transferred to Tax Title in error


329.18


Tax Title Disclaimer


82.98


Collections


$ 10.00


Abatements


20.00


Due from James D. Reilly


185.00


Outstanding December 31, 1941


321.41


$ 536.41


$ 536.41


178


IPSWICH TOWN REPORT


TAXES


Levy of 1935


Outstanding January 1, 1941 $ 80.47


Overpayment to be refunded 10.00


Transferred to Tax Title in error


492.32


Tax Title Disclaimer 150.15


Collections


$ 19.97


Abatements


6.00


Taxes 1935 reported as 1933


17.11


Due from James D. Reilly


296.45


Outstanding December 31, 1941


393.41


$ 732.94


$ 732.94


TAXES Levy of 1936


Outstanding January 1, 1941


$ 117.90


Overpayment to be refunded 4.00


Transferred to Tax Title in error


356.80


Tax Title Disclaimer


154.00


Collections


$ 25.90


Abatements


8.00


Taxes 1936 reported as 1933.


13.20


Due from James D. Reilly


259.20


Outstanding December 31, 1941


326.40


$ 632.70


$ 632.70


TAXES Levy of 1937


Outstanding January 1, 1941 $ 403.53


179


IPSWICH TOWN REPORT


Overpayment adjusted .10


Transferred to Tax Title in error


338.98


Tax Title Disclaimer


135.10


Collections


$ 43.37


Abatements


17.58


Transferred to Tax Title


248.28


Due from James D. Reilly


191.28


Outstanding December 31, 1941


377.20


$ 877.71


$ 877.71


POLL Levy of 1938


Outstanding January 1, 1941


$ 293.56


Collections


$ 33.56


Abatements


28.00


Due from James D. Reilly


16.00


Outstanding December 31, 1941


216.00


$ 293.56


$ 293.56


REAL ESTATE AND PERSONAL


Levy of 1938


Outstanding January 1, 1941 $10,450.84


Refunds 52.53


Transferred to Tax Title in error 1,157.20


Tax Title Disclaimer


156.80


Abatement cancelled


44.80


Collections


$ 6,333.61 683.06


Abatements


Transferred to Tax Title


2,803.30


Due from James D. Reilly


432.47


180


IPSWICH TOWN REPORT


Outstanding December 31, 1941 1,609.73


$11,862.17


$11,862.17


POLL


Levy of 1939


Outstanding January 1, 1941


$ 287.46


Refund


2.00


Collections


$ 54.58


Abatements


1 18.00


Due from James D. Reilly


2.00


Outstanding December 31, 1941


214.88


$ 289.46 $ 289.46


PERSONAL Levy of 1939


Outstanding January 1, 1941


$ 4,930.27 7.08


Refund


Overpayment to be refunded


5.07


Due from James D. Reilly


$ 34.38


Collections


3,693.07


Outstanding December 31, 1941


1,214.97


$ 4,942.42


$ 4,942.42


REAL ESTATE Levy of 1939


Outstanding January 1, 1941 $30,329.69


Overpayment refunded 1.00


181


IPSWICH TOWN REPORT


Overpayment adjusted


.24


Transferred to Tax Title in error


963.60


Tax Title Disclaimer


137.52


Collections


$21,669.35


Abatements


36.76


Transferred to Tax Title


2,463.88


Due from James D. Reilly


2,228.09


Outstanding December 31, 1941


5,033.97


$31,432.05


$31,432.05


POLL


Levy of 1940


Outstanding January 1, 1941


$ 545.22


Refunds


10.00


Overpayment to be refunded


2.00


Due from James D. Reilly


$ 2.00


Collections


148.00


Abatements


90.00


Outstanding December 31, 1941


317.22


$ 557.22


$ 557.22


PERSONAL Levy of 1940


Outstanding January 1, 1941


$ 6,442.00


Collections


$ 4,056.34


Due from James D. Reilly


74.68


Outstanding December 31, 1941


2,310.98


$ 6,442.00


$ 6,442.00


182


IPSWICH TOWN REPORT


REAL ESTATE


Levy of 1940


Outstanding January 1, 1941 $71,043.38


Refunds 121.59


Overpayments to be refunded


60.60


Transferred to Tax Title in error


339.98


Commitment in excess


$ .28


Collections


38,425.15


Transferred to Tax Title


5,748.19


Abatements


455.97


Due from James D. Reilly


3,661.95


Outstanding December 31, 1941


23,274.01


$71,565.55


$71,565.55


POLL


Levy of 1941


Commitment


$ 4,222.00


Refunds 4.00


Overpayment to be refunded


4.00


Payment in advance of Commitment


$ 2.00


Collections


3,463.00


Abatements


392.00


Due from James D. Reilly


2.00


Outstanding December 31, 1941


371.00


$ 4,230.00


$ 4,230.00


PERSONAL Levy of 1941


Commitment


$19,820.10


183


IPSWICH TOWN REPORT


Overpayment to be refunded


7.70


Collections


$14,972.08 11.55


Abatements


Due from James D. Reilly


68.34


Outstanding December 31, 1934


4,775.83


$19,827.80


$19,827.80


REAL ESTATE


Levy of 1941


Commitments


Refunds


$248,325.70 162.24


Overpayments to be refunded


90.98


Collections


$183,725.47


Abatements


2,959.37


Due from James D. Reilly


1,935.96


Outstanding December 31, 1941


59,958.12


$248,578.92


$248,578.92


TAX TITLE ACCOUNT


Tax Titles on hand


January 1, 1941


$42,465.14


Added to Tax Titles


12,157.91


Real Estate Tax credited to Tax Title 76.40


Interest credited to Tax Title


27.65


Overpayments to be refunded


35.00


Tax Titles Redeemed


$ 6,970.03


Tax Title Possession


1,677.33


Due from James D. Reilly


6,128.41


Erroneous Transfer to Tax Title


5,408.18


184


IPSWICH TOWN REPOR'I'


Tax Titles on hand December 31, 1941


34,578.15


$54,762.10


$54,762.10


TAX TITLE ACCOUNT


Water


Tax Titles on hand


January 1, 1941


$ 2,032.56


Added to Tax Titles


391.49


Tax Titles Redeemed


$ 178.14


Due from James D. Reilly


4.85


Erroneous Transfer to Tax Title


362.77


Tax Titles on hand December 31, 1941


1,878.29


$ 2,424.05


$ 2,424.05


WATER LIENS ADDED TO TAXES 1937


Outstanding January 1, 1941 $ 260.09


Refund


2.00


Overpayment to be refunded '


25.52


Transferred to Tax Title in error


107.20


Due from James D. Reilly


$ 112.46


Transferred to Tax Title


86.94


Outstanding December 31, 1941


195.41


$ 394.81


$ 394.81


WATER LIENS ADDED TO TAXES 1938


Outstanding January 1, 1941 $ 559.73 Due from James D. Reilly $ 134.66


185


IPSWICH TOWN REPORT


Collections


50.67


Transferred to Tax Title


275.70


Transferred to Tax Title in error 212.80


Outstanding December 31, 1941


311.50


$ 772.53


$ 772.53


WATER LIENS ADDED TO TAXES 1939


Outstanding January 1, 1941 $ 823.40


Transferred to Tax Title in error


27.34


Tax Title Disclaimer


15.43


Collections


$ 254.59


Transferred to Tax Title


28.85


Outstanding December 31, 1941


582.73


$ 866.17


$ 866.17


WATER LIENS


1940


Outstanding January 1, 1941 $ 959.03


Added to Taxes 1941


$ 959.03


$ 959.03


$ 959.03


WATER LIENS ADDED TO TAXES 1941


Water Liens outstanding January 1, 1.941 $ 959.03


Due from James D. Reilly Collections


$ 8.00 97.81


186


IPSWICH TOWN REPORT


Outstanding December 31, 1941


853.22


$ 959.03


$ 959.03


WATER LIENS


1941


Commitment $ 1,543.07


Outstanding December 31, 1941


$ 1,543.07


$ 1,543.07


$ 1,543.07


MOTH


Levy of 1934


Outstanding January 1, 1941 $ 35.10


Abatements


$ 20.40


Outstanding December 31, 1941


14.70


$ 35.10


$ 35.10


MOTH


Levy of 1936


Outstanding January 1, 1941 $ 8.05


Abatements


$ 7.35


Outstanding December 31, 1941


.70


$ 8.05


$ 8.05


187


IPSWICH TOWN REPORT


MOTH Levy of 1937


Outstanding January 1, 1941 $ 23.49


Transferred to Tax Title in error


.75


Abatements


$ 21.69


Transferred to Tax Title


1.35


Outstanding December 31, 1941


1.20


$ 24.24


$ 24.24


MOTH


Levy of 1938


Outstanding January 1, 1941 $ 22.35


Collections


$ 11.35


Abatements


7.75


Transferred to Tax Title


3.25


$ 22.35


22.35


MOTH


Levy of 1939


Outstanding January 1, 1941 $ 345.45


Collections


$ 60.60


Abatements


104.50


Transferred to Tax Title


8.75


Due from James D. Reilly


100.25


Outstanding December 31, 1941


71.35


$ 345.45 $ 345.45


188


IPSWICH TOWN REPORT


MOTH


Levy of 1940


Outstanding January 1, 1941 $ 340.70


Transferred to Tax Title in error


.50


Collections


$ 158.30


Transferred to Tax Title


4.00


Due from James D. Reilly


1.25


Outstanding December 31, 1941


177.65


$ 341.20


$ 341.20


MOTH


Accounts Receivable 1940


Outstanding January 1, 1941


$ 1,437.90


Collections


$ 513.70


Added to Taxes 1941


839.45


Outstanding December 31, 1941


84.75


$ 1,437.90


$ 1,437.90


MOTH


Levy of 1941


Commitment


$ 839.45


Collections


$ 609.35


Outstanding December 31, 1941


230.10


$ 839.45


$ 839.45


189


IPSWICH TOWN REPORT


MOTH


Accounts Receivable 1941


Commitment Collections Outstanding December 31, 1941


$ 2,037.40


$ 20.00


2,017.40


$ 2,037.40


$ 2,037.40


LIABILITIES Bonds and Notes Payable


Tax Title


Loan


Tax Title Loan


High School Equipment


Burley School


Emergency


Shatswell School


Highway Equipment


High School Loan


1939


1940


1937


1922


1939


1925


1941


1935


1942


12,000.


7,000.


700.


2,000.


3,000.


4,000.


2,400.


6,000.


1943


3,000


4,000.


2,400.


6,000.


1944


2,000.


4,000


2,400.


6,000.


1945


4,000.


2,400.


6,000.


1946


2,400.


6,000.


1947


6,000.


1948


6,000.


1949


6,000


1950


6,000.


1951


6,000.


1952


6,000.


1953


6,000.


1954


6,000.


1955


6,000.


Water and Electric Light Notes Payable. In Report of that Department


Loan


A Tribute to Charles M. Kelly Finance Committee


1864


1941


Simplicity of life, dignity of manner, kindness to all about him; these are the things by which Charles M. Kelly will be remembered. Through his long career he was the good citizen of Ipswich, not the goodness which carries with it any self- consciousness but the conviction that living carries with it responsibilities to family, to Church, to civic life and to chosen profession; responsibilities which carry wth them the sacrifice of time, of energy and the expenditure of endless patience.


192


IPSWICH TO'VN REPORT


He was for many years a valued member of the Town's Finance Committee, one of the most important group of town officials.


All these things Charles M. Kelly fulfilled in his genera- tion. As Cashier, Vice President and Member of the Board of Directors of the First National Bank of Ipswich he came into personal contact with all sections of the town. Through these contacts men learned that banking could be more than a com- merce in money, for quietly and with no direct reference these transactions of money and banking took on with them the conviction of honour, dignity, trust and mutual confidence.


Not because of his position in the First National Bank but for what he brought to that position and made it, the late Charles M. Kelly over a long period of years became a sort of custodian of all good causes in the town. If any, seeking for the common good, wished to raise funds or solicit contributions the first and decisive question would always be if Mr. Kelly would act as Treasurer. Once his approval was given and con- sent obtained the battle was more than half-won for every citizen of the Town knew that any organization or cause which obtained his services was sound and good.


And so he spent the long years of his life in the service of others. We of Ipswich accepted him almost as a habit and took his time and energy for granted.


It was only when death took him from among us that we fully realized how much of time, of patience and devotion had been given to others through him.


In a way death has not taken him from us for his good works ,and the things he helped to build and to preserve still have and will continue to have something about them, some- thing as delicate as a long perfume, which is the imprint of his personality.


-


193


IPSWICH TOWN REPORT


The secret of his personality is a simple secret, but simple things are the hardest to capture in words. Perhaps it best can be stated in the phrase, Christian Gentleman. The core of his inner life was complete devotion to his Church and family and from the inspiration of these associations he radiated a strength, peace and calm in a hundred ways through his long and useful career.


To his family the sympathy of the entire community at their loss goes out and continues to go out. Their loss is a personal one and so also in another way and equally so is his loss to the town.


To men of the fine attainments of Charles M. Kelly eternal living is doubly given. He lives, we know, forever in that realm of being to which his whole life moved in preparation and he lives among us in cherished memories, eternal both.


In Memoriam


Walter G. Brown


The Board of Water and Light Commissioners lost a valuable member in 1941 when death claimed Walter G. Brown.


-


TOWN OF IPSWICH


FORTY-EIGHTH


ANNUAL REPORT


OF THE


WATER AND MUNICIPAL LIGHTING COMMISSIONERS


MA


WICH


INC.


1634


THE BIRTHPLACE OF AMERICAN INDEPENDENCE 1681


FOR THE YEAR 1941


Chronicle Publishing Co., Printers Ipswich, Mass.


Officers of the Water and Light Department


TREASURER AND COLLECTOR


ELWYN F. McCARTHY Town Hall Building


DEPARTMENT OFFICERS


Manager of Light & Water Dept. Charles A. Mallard


Chief Operator Power Plant


Earl D. Hardy


Line Supt., Light Dept. Gordon Player


Construction Supt., Water Dept. Stephen Woodman


Office Hours of Light and Water Dept .: 9:00 A. M. to 5:00 P. M., except Saturdays; Saturday, 9:00 A. M., to 12:00 All bills payable to Town Treasurer


COMMISSIONERS


J. E. COLE, JR., Chairman ALEXANDER B. C. MULHOLLAND, Clerk GEORGE E. HODGKINS


4


WATER DEPARTMENT


CAUTION TO WATER TAKERS


Do not blame your meter-


If you have a leaky fixture, have it repaired. If not


-


Gallons Per Day


Cost Per Day


1-2


in. stream consumes


10,800


$3.40


1-4


in. stream consumes


8,640


2.60


1-8 in. stream consumes


3,240


1.10


1-16 in. stream consumes


1,080


1


.30


1-32 in. stream consumes


360


.11


3/4"


12



The above will show you what a small leak will amount to if allowed to remain unchecked, under our pressure of 70 pounds at Ipswich, Mass.


5


WATER DEPARTMENT


FORTY-EIGHTH ANNUAL REPORT OF THE WATER AND ELECTRIC LIGHT COMMISSIONERS FOR THE YEAR 1941


To the Citizens of Ipswich:


We respectfully submit the annual report for the year 1941 as follows:


WATER DEPARTMENT


CONSTRUCTION


New Well System $ 570.13


Service Pipe


Paid out for materials and labor 2,187.42


Pipe Lines


Paid out for materials and labor 2,790.42


MAINTENANCE


Repairs Services


Paid out for materials and labor


4,530.80


Repairs Pipe Lines


Paid out for materials and labor 1,913.55


6


WATER DEPARTMENT


Buildings and Grounds


Paid out for materials and labor 2,322.71


Administration and Transportation


Paid out for materials and labor


3,623.03


Water Pumping


Paid out for electricity


2,816.80


Note Payments


Notes paid by Treasurer


3,000.00


Interest Payment 1


Interest paid on notes


832.50


Pension


R. B. Pickard 243.00


$ 24,830.36


1


WATER DEPARTMENT


WATER DEPARTMENT


1941


Dr.


To amounts received :


Cr.


By paid:


Meters


$ 23,125.79


Orders $ 20,981.45


Little Neck


1,827.00


Notes


3,000.00


Miscellaneous 793.55


Interest 832.50


Refunds


16.41


25,746.34


24,830.36


Water Liens added to taxes 1938


50.67


Water Liens added


to taxes 1939 254.59


Water Liens added


to taxes 1941 97.81


Water Liens added


to tax title 178.14


Due from James D.


Reilly 271.97


26,599.52


Cash balance


January 1, 1941 5,677.72


$ 32,277.24


Cash balance Dec. 31, 1941 7,446.88


$ 32,277.24


7


8


WATER DEPARTMENT


The Treasurer has the following bills for collection :


Meters


Miscellaneous


$ 6,132.34 343.75


Construction


48.12


Little Neck


1,656.97


Water liens added to taxes 1937


169.89


Water liens added to taxes 1938 311.50


Water liens added to taxes 1939 . 582.73


Water liens added to taxes 1941 853.22


Water liens added to tax title 1,878.29


Water liens 1941


1,543.07


13,519.88


Commitment December 31, 1941


6,738.47


$ 20,258.35


WATER DEPARTMENT


9


BALANCE SHEET AS OF DECEMBER 31, 1941


EXHIBIT A


Assets :


Plant Investment


Engineering


$ 7,314.71


Land Damages


8,044.12


Pumping Station


15,075.24


Pumps and Machinery


6,607.02


Storage Basin


27,693.59


Distribution Reservoir


17,827.56


Bull Brook Reservoir


50,476.43


New Well System


570.13


Pipe Lines


200,686.42


Service Pipes


58,708.69


Store House


178.70


Department building


2,367.97


Miscellaneous


2,834.20


Transportation equipment


and Air Compressor


2,466.56


400,851.34


Less reserve for depreciation


161,428.02


$239,423.32


Cash $ 7,446.88


Accounts receivable 20,171.02


Inventory (Estimate) 4,000.00


Total current assets 31,617.90


Total assets


$271,041.22


Total Plant Investment


10


WATER DEPARTMENT


Liabilities and Surplus :


Appropriations from Tax levy for


note payments and construction $24,083.03


Notes Payable 24,000.00


Total Liabilities $ 48,083.03


Ipswich Water Dept. property account 206,340.29


Surplus Exhibit C.


16,617.90


Total Liabilities and Surplus


$271,041.22


11


WATER DEPARTMENT


EXHIBIT B


Statement of Income and Expenses for Year Ending December 31, 1941


Income:


Meter rates


$ 25,058.54


Fixture rates


1,728.00


Miscellaneous


644.19


Total Income


$ 27,430.73


Expenses :


Repairs services


4,530.80


Repairs pipe lines


1,913.55


Administration & transportation


3,608.62


Maintenance station & grounds


2,322.71


Electricity for pumps


2,816.80


Interest paid


832.50


Ralph Pickard, Pension


243.00


Total expenses 16,267.98


Net profit for the year to Exhibit C


$ 11,162.75


12 アーカン WATER DEPARTMENT


EXHIBIT C


Statement of Operating Surplus for the Year Ending


December 31, 1941


Balance December 30, 1940 $ 14,003.12


Add Net Profit for year 1941 from Exhibit B 11,162.75


25,165.87


Deductions :


Notes paid $ 3,000.00


Construction. paid from


operating cash 5,547.97




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