Town annual report of Ipswich 1943, Part 10

Author: Ipswich (Mass.:Town)
Publication date: 1943
Publisher: Lynn News Press / J. F. Kimball
Number of Pages: 334


USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1943 > Part 10


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1.50


Gordon C. Player


1.50


J. W. Goodhue Corp.


1.95


Frank A. Stevens


27.00


Ipswich Mun. Lgt. Plant


25.26


Sullivan's Drug Store


4.74


$787.58


Service Flag


Cor Nix Rubber Co. 60.60 Peter Viladenis


19.00


$79.60


State Guard Uniforms


Ipswich Co. 46th M. S. G.


Association


301.55


Ipswich Beash Committee


Chester J. Patch, Jr. 465.00 G. H. W. Hayes 35.00


$500.00


W. P. A. Street Car Rail Removal Argilla Road Drainage


Jean Amerio


6.00


Alvery Marriott 1.20


George B. Bown Corp.


6.00


A. P. Marcorelle Co. .80


Ciolek Hardware Co.


.50


George Mourikas 190.00


Ralph De Francisco


20.00


A. B. C. Mulholland 123.00


John W. Goodhue Corp.


437.76


New Eng. Tel. 8 Tel. Co. 6.82


Jennie Demetracopoulos


52.80


223


IPSWICH TOWN REPORT


Charles Gwinn


6.60


State Prison


47.84


Harris Oil Co.


5.20


Bernard M. Sullivan 11.50


Horton Grain Co.


5.80


Pan Verochi


125.00


Walter H. Hulbert


19.50


Manchester Brick Co.


46.50


Lathrop Bros.


1.50


$1,061.52


Cemetery Payrolls


Gerald Adams


14.52


Axel Lind


37.81


Maurice Benjamin


14.52


Edward Martel


8.78


Robert Conary


14.52


Robert McIntyre


42.36


Fred Davis


6.96


Frank O' Malley


38.13


Howard C. Downing


10.29


Terrance Perkins


479.52


Theodore Fyrberg


14.52


Albert Perry


64.74


Charles Glover


15.52


Arnold Richards


395.13


Jean Godin


7.15


Frank Scahill


505.53


Charles Gwinn


16.94


Herman Shores


124.65


Robert Gwinn


14.52


John A. Singer


10.00


Jesse Hardy


39.94


Conrad Smith


32.07


Margaret Higgins


3.00


William D. Warner


1,187.73


George E. Hills


56.28


Edward Wegzyn


.


14.52


Benjamin W. Homans


1,650.00


Norman Welch


4.84


Other Expenses


Barnett Canvas Goods & Bag


24.17


Arthur G. Huson Co. 47.72


John H. Blake


3.00


Town of Ipswich 50.00


Bob's Esso Service Station


15.38


Ipswich Motor Co., Inc. 59.26


Burke Motor Service


9.78


George Karalias


7.88


Ciolek Hardware Co.


26.14


Dewey E. King


35.00


S. D. Conley, Postmaster


11,38


Lathrop Bros. Service Station 12.78


Corliss Bros.


9.50


Mac's Service Station


15.06


R. W. Davis Co., Inc.


26.40


A. P. Marcorel'e Co., Inc


1.00


H. M. Dodge


27.70


James McCormack


62.85


Nick Dragoni


6.79


Metropolian Oil Co.


6.59


Alex Gallant


9.00


New Eng. Tel. & Tel. Co.


31.39


John W. Goodhue Corp.


50.53


William Patterson & Son


4.40


Gordon Greenhouses, Inc.


60.40


Gordon Player


30.00


N. R. Harris


9.00


Michael Ryan 26.00


Benjamin Homans ----


Bernard M. Sullivan, Agent 139.74


Reimbursement


3.00


Ipswich Water Department 40.00


Horton Grain Company


14.80


$5,723.99


224


IPSWICH TOWN REPORT


Interest


First National Bank,


Commonwealth Mass. 100.00


Boston 510.00


Second National Bank, Boston 4.95


Merchants National Bank,


Boston 1,669.00


$2,283.95


Maturing Debt


Merchants National Bank,


First National Bank,


Boston, Mass. 11,400.00


Boston 4,000.00


$15,400.00


Electric Light Department


Earl Hardy


$3.010.00


Davis Transformer Co. 73.08


Frank Mallard


2,256.00


C. H. Harvey Co. 6.00


William Hamm


2,256.00


Guif Oil Co. 2.33


Chester Pickard


2,256.00


Barker Agency


753.02


John I Blunda


2.256.00


Municipal Lighting Asso.


16.86


. Howard Downing


1,874.00


S. D. Conley P. M.


505.32


George E. Brown


1,484.50


Butts & Ordway


49.00


Ralph B. Pickard


351.00


Horton Grain Co.


2.25


Everett D. Jewett


558.96


Daigneau Co.


6.30


Gordon D. Player


2,477.30


Sangamo Electric Co.


351.36


Harry Leno


2,242.70


George Karalias


31.27


Alfred Tobiasz


383.80


A. P. Marcorelle Co.


1.90


Henry Somers


1,881.00


A. H. Driscoll


22.50


C. J. Dupray


2,122.82


Mac's Service Station


37.15


J. H. Sheppard


2,100.00


Zina Goodell Corp.


1.95


James Stewart


165.00


Alden J. Kent


46.50


Lionel Sheppard, Jr.


1,895.25


Sylvania Elec. Prod. Co.


198.58


Donald Player


15.00


James E. Cole, Jr.


100.00


A. B. C. Mulholland


100.00


George E. Hodgkins


100.00


Charles A Mallard


1.675 .. 00


Anne A. Jewett


855.00


Marjorie Horsman


725.12


Geo. W. Pickering Co.


44,114.73


Wetmore Savage Co.


979.89


General Electric Co.


98.43


Postal Telegraph Co. 21.00


Boston Mill Remnant Co. 74.34


Lathrop Bros. Service


R. W. Davis Co.


387.38


Station 14.77


10.00


Honan Crane Corp.


632.35


Institution for Savings, Newburyport 2,105.00


Westinghouse Elec. Supply Co. 288.59


York Safe & Lock Co. 3.50


Metropolitan Device Corp. 10.76


Harrison Dispatch Co. 7.91


Air Reduction Sales Co.


225


IPSWICH TOWN REPORT


H. B. McArdle 201.00


James Bliss & Co.


1.30


in Iieu) (of taxes) 13,838.32


B. M. Sullivan Agent 792.79


Boston Mill Remnant Co. 178.20 Gordon C. Player 8.75


Addressograph Co. 15.10


A. C. Damon Est. 7.90


C. H. Hulbert Est. . 1.00


Agawam Dispatch 10.20


Railway Express Co.


39.67


New Eng. Tel. 8 Tel. Co. 602.17


The Texas Co.


2,607.70


Fairbanks Morse Co.


1,396.42


B. 8 M. R. R. 83.56


Geo. H. Wahn Co.


768.70


Ipswich Motor Co. 172.53


Chronicle Pub. Co. Inc


281.50


First Nat. Bank, Boston


5.037.50


Bobs Esso Service Station 13.58


Munroe, Arnold Ex. Co.


8.14


W. E. Atkinson Co.


73.63


Blaisdell's Express


2.61


Central Auto Sales Co.


.75


Henderson- Hernan Tree Co. 12.00 Arthur Gay 37.50


James McCormack


10.60


J. W. Goodhue Inc.


34.97


Tougas & Tougas 24.49


N. J. Bolles Co.


4.91


$137,295.33


Water Department


Steve Woodman


$2.395.39


A. P. Marcorelle Co. 9.00


Dana Parsons


2,164.85


Ralph Brocklebank


28.80


Arthur L. Cole


2.028.50


Chronicle Pub. Co. Inc. 78.70


C. A. Mallard


1,675.00


Ipswich Electric Shop 3.30


A. A. Jewett


855.00


Helen Wallace


256.00


Carl Hoyt


7.20


Mac's Service Station


28.05


Marjorie Horsman


139.40


Haverhill Water Works 31.69


Gordon Ewing


5.00


M. B. Skinner Co. 116.49


Ralph B. Pickard


351.00


Layne-Bowler Co.


6,761.94


Everett D. Jewett


25.00


A. J. Barton & Son 3.50


Henry Somers


8.00


Henry S. Bowen


28.00


Registry of Deeds


26.00


Wm. Patterson & Son 10.55


R. W. Davis Inc.


137.73


Lathrop Bros. 18.52


Ciolek Hardware Co.


28.69


Ipswich Electric Shop


648.88


C. F. Jameson & Co. 450:73


Harris Oil Co. 16.16


L. E. Muran Co. 13.80


United Sweeping Compound 4.85


Mathias Hart Co. 27.27


Electric Light Department


(Depreciation Transfer) 25,252.67 Eppinger & Russell Co. 441.30


Herman Cramer 6.00


Graybar Electric Co. 78.20


Conley's Drug Store 1.99


Stanley A. Hull 6.00


C. A. Mallard cash paid out 10.10


Wm. Patterson & Son 8.20


North Shore Fire App. Co.


12.00


The Garlock Packing Co. 13.35


Oakite Prod. Inc. 13.18


Merchants Nat. Bank, Boston 1,262.50


First Nat. Bank, Boston 2,360.00


Town of Ipswich (Payment


226


IPSWICH TOWN REPORT


Metropolitan Oil Co. 6.90


Horton Grain Co. 5.50


G. A. Schofield Agent


39.50


B. M. Sullivan Agent 78.34


H. B. McArdle Co. 53.20


Barker Agency 185.84


New Eng. Tel. 8 Tel. Co.


32.51


Pentucket Motor Ex. 1.10


Ipswich Motor Co.


36.13


William A. Banfill


5.00


Savem Products Co.


22.50


W. A. Atkinson Co.


12.94


A. C. Damon Est.


7.45


N. E. Water Works Asso.


20.00


A. B. C. Mulholland


272.00


Agawam Dispatch 3.16


Eddy Valve Co.


341.73


Railay Express 1.82


James Mc Cormack


8.25


Thomas H. Reedy


75.00


National MeterCo.


145.63


Central Auto Sales Co. 74.85


Pan Verocci


20.20


C. A. Mallard cash


B. 8 M. R. R. 21.12


paid out


9.68


Pierce Perry Co.


545.96


Pittsburg Equit. Meter Co. 362.72


S. D. Conley P. M.


16.92


N. J. Bolles Co.


2.14


Bob's Esso Service Station


24.27


3. W. Goodhue


32.77


Ciolek Hardware


26.26


George H. Willey


15.00


Blaisdell's Express


11.17


Electric Light


(Pumping)


2.423.26


Geo. A. Caldwell Co.


59.40


Arthur W. Gay 12.50


George Karalias


41.87


Boston 1,150.00


Jos. G. Pollard Co. 228.80


Stanley A. Hull 4.50


James E. Cole. Jr.


100.00


George E. Hodgkins


100.00


Fipe Founders Sales Co.


17.25


Thomas A. Appleton 79.00


$27,549.25


Second Nat Bank.


REPORT


OF


STATE AUDIT


OF THE


Books and Accounts


OF THE


TOWN OF IPSWICH


THE BIRTHPLACE OF AMERICAN INDEPENDINIL .... .


For The Period From November 2, 1941 to December 22, 1942


Chronicle Publishing Co., Printers Ipswich, Mass.


229


IPSWICH TOWN REPORT


April 2, 1943


To the Board of Selectmen:


Mr. Bernard M. Sullivan, Chairman Ipswich, Massachusetts


Gentlemen :


I submit herewith my report of an audit of the books and accounts of the town of Ipswich for the period from November 2, 1941, to December 22, 1942, made in accordance with the provisions of Chapter 44, General Laws. This is in the form of a report made to me by Mr. Herman B. Dine, Assistant Director of Accounts.


Very truly yours, THEODORE N. WADDELL


Director of Accounts


Mr. Theodore N. Waddell


Director of Accounts Department of Corporations and Taxation


State House, Boston


Sir:


As directed by you, I have made an audit of the books and accounts of the town of Ipswich for the period from November 2, 1941, the date of the previous audit, to December 22, 1942, and submit the following re- port thereon :


The financial transactions as recorded on the books of the several de- partments receiving or disbursing money for the town, or committing bills for collection, were examined, checked and reconciled with the books of the town accountant.


230


IPSWICH TOWN REPORT


The books and accounts of the town accountant were examined and checked in detail. The receipts as recorded were checked with the treasurer's records and with the records of the departments collecting money for the town, while the payments were compared with the treasury warrants and the treasurer's cash book. The ledgers were analyzed, the appropriation accounts were checked with the town clerk's rcord of town meetings, and other ac- counts were checked with information in the departments in which the tran- sactions originated. After the necessary adjustments were made, a trial balance was drawn off, and a balance sheet, which is appended to this report, was pre- pared showing the financial condition of the town as of December 22, 1942.


At the request of the Board of Selectmen, the necessary assistance in compiling the town report for the year 1942 was rendered to the newly ap- pointed town accountant.


The original bills and vouchers were examined and checked, and it was noted that during the period from January 1 to December 22. 1942, vouchers totaling $12,919.22 in payment of equipment, labor and supplies for the development of additional sources of water supply were charged to the appropriation for current expenses of the water department for the year 1942.


The computation of the tax rate by the assessors for 1942 was ex- amined and checked to the accountant's ledger, and it was noted that the county tuberculosis hospital assessment of $3,757.51 was raised by the as- sessors twice in the levy of 1942.


The books and accounts of the treasurer and collector, as treasurer, were examined and checked in detail. The recorded receipts were analyzed and compared with departmental records, with the other sources from which money was paid to the town treasury, and with the records of the town accountant. The payments were checked with the selectmen's warrants authorizing the disbursement of town funds and with the accountant's ledger accounts.


The cash balance on December 22, 1942, was verified by actual count of the cash in the office and by reconciliation of the bank balances with state- ments furnished by the banks.


The payments on account of maturing debt and interest were proved with the accounts falling due and with the cancelled securities and coupons on file.


The securities, including savings bank books, representing the invest- ments of the trust funds in the custody of the town treasurer and trust fund


231


IPSWICH TOWN REPORT


commissioners, were examined and listed, and the transactions were verified by comparison with the accountant's ledger.


The records of tax titles taken by the town were examined and an- alyzed, the recorded redemptions and foreclosures were verified, and the out- standing accounts were listed, checked with the records at the Registry of Deeds, and reconciled with the town accountant's books.


The books and accounts of the treasurer and collector, as collector, were examined and checked in detail.


The tax accounts outstanding at the time of the previous examination and all subsequent commitments of taxes were audited and compared with the assessors' warrants. The recorded collections were verified by comparison with the treasurer's books and the recorded abatements were checked to the assessors' records of abatements granted.


The commitments of departmental accounts were checked with the records in the departments in which they originated. The collections, the pay- ments to the treasurer, and the abatements and allowances were checked and verified, the outstanding accounts being listed and reconciled with the ac- countant's ledger.


The outstanding accounts were verified by mailing notices to a number of persons whose names appeared on the books as owing money to the town, and from the replies received thereto it appears that the accounts, as listed, are correct.


Since the date of the last audit, a number of taxpayers have submit- ted to the present treasurer and collector proofs of payment to the former treasurer and collector, James D. Reilly, of taxes and departmental accounts which had not been entered on the books of the latter or accounted for by him to the town as follows:


As treasurer,


$ 202.60


As town collector


1,976.01


Total $2,178.61


This amount, together with the shortage of $15,587.85 as shown in the pre- vious audit report, was paid to the town in 1942 by the bonding companies.


232


IPSWICH TOWN REPORT


It should be noted in this connection that although verification notices were sent, in the course of the previous audit, to all persons whose names appeared on the books as owing money to the town, no proofs of payment were presented by the taxpayers referred to above until the present collector had proceeded to enforce the collection of the outstanding accounts recom- mitted to him.


The financial records of the town clerk were examined and checked. The receipts for dog and hunting and fishing licenses were checked with the records of licenses issued, and the payments were verified.


The records of licenses issued by the selectmen were checked and the payments to the treasurer were verified by comparison with the treasurer's cash book.


The records of all other departments collecting money for the town or committing bills for collection, including those of the health. public welfare, school, electric light, water, and cemetery departments, were examined and checked by comparison with the treasurer's and the town accountant's books.


The surety bonds on file for the several town officials required by law to furnish them were examined and found to be in proper form.


In addition to the balance sheet, there are appended to this report tables showing a reconciliation of the treasurer's cash, summaries of the tax, assessment, tax title, tax title possessions and department accounts. together with schedules showing the trust fund transactions.


On behalf of my assistants and for myself, I wish to express apprecia- tion for the cooperation extended by the various town officials during the pro- gress of the audit.


Respectfully yours,


HERMAN B. DINE


Assistant Director of Accounts


HBD:FC


TOWN OF IPSWICH Balance Sheet - December 22, 1942 GENERAL ACCOUNTS


Assets


Liabilities and Reserves


Cash :


Temporary Loans:


In Banks and Office,


$ 78,029.12 In Anticipation of Reimbursement, $ 1,500.00


Petty Cash Advances :


Civilian Defense, $ 15.00


Highway Department, 5.00


15.00


35.00


Accounts Receivable : Taxes :


Overpayment to Collector-to be refunded : Water Liens Added to Taxes 1938, 14.00


Old Age Assistance Recovery, 100.00


Levy of 1935,


41.92


Levy of 1936.


79.90


Levy of 1937.


87.09


Levy of 1938.


382.51


Levy of 1939,


297.93


Tailings, 221.72


Premium on Loans - Reserved for Payment of Debt, 91.28


School Department,


Levy of 1934,


96.22


Reserve for Petty Cash Advances, 35.00


Cemetery Perpetual Care Bequests. 250.00


Levy of 1940:


Poll.


$ 273.22


Personal, 170.98


Real Estate,


81.64


525.84


Levy of 1941 :


Poll,


$ 176.00


Personal,


1,739.20


Real Estate,


18.009.02


19,924.22


Levy of 1942:


Poll,


$ 170.00


Personal, 3.401.95


Real Estate, 51,052.66


54,624.61


76,060.24


Motor Vehicle Excise Taxes :


Levy of 1941,


36.46


Levy of 1942,


296.85


333.31


Unexpended Appropriation Balances :


General.


$40,379.23


Special Assessments: Moth 1934, $ 35


Electric Light :


Operations,


$22,250.79


Moth 1937, 75


Moth 1938,


2.50


Moth 1940,


3.25


Sale of Town Property Fund, 25.00


Highway Machinery Fund, 2,558.39


Sale of Cemetery Lots Fund, 1,039.00


Federal Grants : Old Age Assistance: Administration, $ 70.73


Assistance,


3,157.97


Aid to Dependent Children :


Assistance, 699.51


3,928.21


Electric Meter Guarantee Deposits, 2,778.84


Electric Meter Guarantee Deposits Interest,


1,918.58


Depreciation,


27,418.05


49,668.84


Moth 1941, Moth 1942,


82.15 97.45


186.45


Water:


Appropriation,


$ 3,782.72


Developing


Additional


T: x Titles and Possessions :


Tax Titles


$26,490.11


Tax Possessions,


681.49


27.171.60


Water Supply, 9,531.00 Loan Authorized, Not Issued, 15,000.00


28.313.72


Departmental :


Town Hall,


$ 15.00


Town Property,


1,319.50


Reserve Fund - Overlay Surplus, 6,404.00


Telephone,


97.12


Ambulance,


1,064.00


Water Department Collections in


Health.


1,759.87


· Excess of Appropriations,


3,820.33


Moth,


368.75


Highway.


286.20


Overlays Reserved for Abatements of Taxes:


Levy of 1936,


$ 10.31


Levy of 1937.


87.09


O'd Age Assistance,


517.51


Levy of 1938


382.51


Aid to Dependent Children,


65.67


Levy of 1939,


297.93


State Aid.


420.00


Levy of 1940.


525.84


Military Aid,


620.00


Levy of 1941,


1,934.83


Cemetery,


1,131.00


Levy of 1942,


4,143.99


10.224.04


7,382.50


E! : tric Light,


11,547.04


Revenue Reserved Until Collected :


Sidewalks,


72.00


Temporary Aid,


2,487.42


118,361.79


Water,


$6,852.50


Water Liens Added to Taxes 1939. 121.48


Water Liens Added to Taxes 1941, 449.33


Water Liens Added to Taxes 1942, 1,632.04


Tax Titles - Water Liens, 995.54


Water,


10,036.89


10,050.89


59,499.33


State Aid to Highways, $ 720.43


County Aid to Highways, 720.43


. 1,440.86


$ 1,904.84


20,630.61


Overlay Deficits : Levy of 1932, $ 58.82


Levy of 1933, 27.76


Levy of 1934, 133.16


Levy of 1935, 260.29


480.03


Loan Authorized - Water Department,


15,000.00


$230.558.58


$230,558.58


= =


Motor Vehicle Excise Tax,


$


333.31


Special Assessment, 186.45


Tax Title,


27,171.60


Departmental,


10,224.04


Electric Light, 11,547.04


Surplus Revenue : Current Year, Prior Years', 18,725.77


DEBT ACCOUNTS


Net Funded or Fixed Debt,


$144.600.00 Highway Equipment Loan 1941. $ 9,600.00


Municipal Relief Loan 1939, 5.000.00


Shatswell School Loan, 12,000.00


New High School Loan 1935, 78,000.00


Electric Light Loans, 9.000.00


Water Loans, 31,000.00


$144,600.00


===== =


$144,600.00


==== =


TRUST ACCOUNTS .


Trust, Funds, Cash and Securities, $ 95.141.92 Eunice Caldwell Cowles Fund ( Scholarships). $10.225.65


John C. Kimball Library Fund, 512.58


Mrs. William G. Brown Animal Fund, 2,162.45


Marianna T. Jones Fund, 744.88


Richard T. Crane, Jr., Picnic Fund. 29,431.27


Martha I. Savory Tree Fund, 325.70


Dow Memorial Boulder Fund. 130.34


Cemetery Perpetual Care Funds, 51,609.05


$ 95,141.92


$ 95.141.92


----


TOWN OF IPSWICH


FIFTIETH


ANNUAL REPORT


OF THE


WATER AND MUNICIPAL LIGHTING


COMMISSIONERS


MI


NICH


INC.


THE BIRTHPLACE OF AMERICAN INDEPENDENCE


51634


FOR THE YEAR 1943


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 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


.30


1-32 in. stream consumes


360


.11


3/4"


14


1/16


1/32


*


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


5


WATER DEPARTMENT


FIFTIETH ANNUAL REPORT OF THE WATER AND ELECTRIC LIGHT COMMISSIONERS FOR THE YEAR 1943


To the Citizens of Ipswich:


We respectfully submit the annual report for the year 1943 as follows:


WATER DEPARTMENT CONSTRUCTION


New Well System


$ 7,324.43


Service Pipe


Paid out for materials and labor 344.15


MAINTENANCE


Repair Service


Paid out for materials and labor 5,535.71


Repairs Pipe Lines


Paid out for materials and labor 342.96


6


WATER DEPARTMENT


Buildings and Grounds


Paid out for materials and labor 2,190.33


Administration and Transportation


Paid out for materials and labor 4,264.91


Water Pumping


Paid out for electricity


2,423.26


Note Payments


Notes paid by Treasurer


4,000.00


Interest Payment


Interest paid on notes


772.50


Pension


R. B. Pickard 351.00


$27,549.25


7


WATER DEPARTMENT


WATER DEPARTMENT


1943


Dr.


Cr.


To amounts received :


By Paid:


Meters $26,231.96


Orders $22,776.75


Little Neck


1,578.00


Notes 4,000.00


Miscellaneous


412.08


Interest 772.50


Water Liens added


to Taxes 1941


441.33


Transfer to Town- Premium on Loan 39.90


Water Liens added to Taxes 1942 1,285.96


$27,589.15


Water Liens added


to Taxes 1943 50.00


Water Liens added to Tax Title 161.13


$30,160.46


Cash Balance


Cash Balance


January 1, 1943 11,948.75 Dec. 31, 1943


14,520.06


$42,109.21


$42,109.21


8


WATER DEPARTMENT


The Collector has the following bills for collection .


Meters $4,767.87


Miscellaneous


141.39


Little Neck


1,632.97


Water Liens added to Taxes 1943 273.92


Water Liens added to Tax Title 395.70


Water Liens 1943


341.07


$ 7,552.92


Commitment December 31, 1943


7,443.16


$14,996.08


9


WATER DEPARTMENT


BALANCE SHEET AS OF DECEMBER 31. 1943


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 Reservior


17,827.56


Bull Brook Reservoir


50,476.43


New Well System


23,815.12


Pipe Lines


202,344.52


Service Pipes


59,930.92


Store House


178.70


Department building


2,367.97


Miscellaneous


2,834.20


Transportation equipment


and Air Compressor 2,466.56


426,976.66


Less reserve for depreciation


177,728.51


Total Plant Investment


249,248.15


Cash $14,520.06


Accounts receivable 14,883.81


Inventory (Estimate) 4,000.00


Total current assets 33,403.87


Total assets


$282,652.02


10


WATER DEPARTMENT


Liabilities and Surplus :


Appropraition from Tax levy for


note payments and construction $24,083.03 Notes Payable 27,000.00


Total Liabilities $ 51,083.03


Ipswich Water Dept. property account


223,205.02


Surplus Exhibit C. 8,363.97


Total Liabilities and Surplus


$282,652.02


11


WATER DEPARTMENT


EXHIBIT B.


Statement of Income and Expenses for Year Ending December 31, 1943


Income:


Meter rates


$ 27,203.77


Fixture rates


1,548.00


· Miscellaneous


359.48


Total Income


$ 29,111.25


Expenses :


Repairs service


5,535.71


Repairs pipe lines


342.96


Administration & transportation 4,264.91


Maintenance station & grounds


2,190.33


Electricity for pumps


2,423.26


Interest paid


772.50


Ralph Pickard, Pension


351.00


Total expenses 15,880.67


Net profit for the year to Exhibit C $ 13,230.58


12


WATER DEPARTMENT


EXHIBIT C


Statement of Operating Surplus for the Year Ending


December 31, 1943


Balance December 30, 1942


$ 6,841.87


Add Net Profit for the year 1943 from Exhibit B 13,230.58


$ 20,072.45


Deductions :


Notes paid


$ 4,000.00


Construction paid from


operating cash 7,668.58


Transfer to Town Treasurer ---


Premium 39.90


Total deductions 11,708.48


Balance to surplus Exhibit A


-


$


8,363.97


WATER DEPARTMENT LOANS


Sold to


Amount


Rate


Date of Issue


Matures


Old Colony Trust Co.


8,000.00


4%


May 15, 1927


1944-47


1st & Ocean Nat. Bank of Newburyport


10,000.00


21/2 %


April 15, 1938


1944-53


Merchants Nat. Bank


of Boston


9,000.00


11/2 %


Dec. 1, 1942


1944-52


$27,000.00


14


WATER DEPARTMENT


SUPERINTENDENT'S REPORT


Following is the report for the year ending December 31, 1943.


Main Pipes


The number of feet of mains laid to date and sizes are as follows:


14 inch


1,505


12


10,963


10


8.830


8 66


70.965


6


117,176


4


4,741


3 66


10,080


2


14.850


1


66


2,696


241.806 feet


A total of 45 miles 4,206 feet


Street Gates


Total now set


261


Hydrants


On Town property 244


On private property 17


Total in use


261


15


WATER DEPARTMENT


Service Pipes


There has been added 13 services during the year, mak- ing a total of 1,869. There were 18 of the old services renewed.


Services in regular use


1,562


Summer services 307


Total


1,869


Service pipes on Town property 33,841 feet


Service pipes on private property 45,848 feet


Total


79,689 feet


These services are either cast iron, transite, lead, galv. iron or copper and in sizes from 3/4" to 6 inch.


Pumping Record for Year 1943


Number hours pumps operated 5,466 hours


Total number of gallons pumped 123,351,200 gals.


Average amount of water used daily 337.949 gals.


Largest number of gallons pumped in any month was August 12,653,300 gals.


ELECTRIC LIGHT DEPARTMENT STATISTICS


Summary of the K. W. H. output for the year 1943 and comparison with previous years


Kilowatts sold:


1938


1939


1940


1941


1942


1943


Number of domestic consumers


2.127


1.916


1,986


2,028


2.032


2,031


Number of Commercial




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