USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1950 > Part 3
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150.00
151.22
3.78
3.25
151.75
Kozacki, Julia
150.00
151.37
3.78
4.00
151.15
Karenewski, Mrs. Paul
100.00
100.78
2.52
3.00
100.30
Lakeman, Charlotte L.
100.00
100.64
2.52
3.00
100.16
Lakeman, Hardy
50.00
50.10
1.25
1.35
50.00
Lakeman, Martha
50.00
98.75
2.47
3.00
98.22
Lakeman, Maxwell
100.00
104.81
2.62
3.50
103.93
Lamson, John B.
50.00
95.11
2.38
3.00
94.49
78
IPSWICH TOWN REPORT
Original Balance
Balance
Name of Fund
Bequest Jan. 1 Income Expended Dec. 31
Lane, Doris M., Sybil M. Todd
& Kathleen Meserve
100.00
101.22
2.53
2.00
101.75
Lane, John
50.00
50.10
1.25
1.35
50.00
Langdon, Mary S.
150.00
151.47
3.79
3.50
151.76
Lathrop, Edwin C.
100.00
107.11
2.68
3.00
106.79
Lavolette, William H.
150.00
153.99
3.85
4.00
153.84
Lamson, Beda C.
150.00
151.75
3.79
4.00
151.54
Lay, Elsie M.
100.00
101.22
2.53
3.00
100.75
Lazaropoulos, Panagiota
100.00
100.96
2.52
3.00
100.48
Lemieux, Achelle
100.00
100.00
2.50
2.50
100.00
Lindberg, Marcius
50.00
50.20
1.30
1.50
50.00
Lord, Aaron
75.00
80.95
2.02
2.00
80.97
Lord, Asa
50.00
54.52
1.36
2.00
53.88
Lord, Caroline E.
100.00
108.32
2.70
3.50
107.52
Lord, Ezra
100.00
226.23
5.66
6.00
225.89
Lord, Frank H.
100.00
107.51
2.69
4.00
106.20
Lord, George A.
50.00
50.61
1.26
1.25
50.62
Lord, George E.
100.00
186.54
4.66
4.00
187.20
Lord, Josiah & Lydia H.
100.00
207.28
5.18
5.00
207.46
Lord, Lucy Slade
100.00
107.74
2.69
3.50
106.93
Lord, Luther
100.00
182.80
4.57
5.00
182.37
Lord, Nathaniel, Jr.
75.00
77.41
1.94
2.00
77.35
Lord, Thomas H. & Lucretia S.
100.00
100.61
2.51
2.50
100.62
Lord, Walter E.
100.00
139.34
3.48
4.00
138.82
Lord & Bowie
75.00
87.80
2.20
2.50
87.50
Lovell, C. L.
150.00
150.96
3.77
3.50
151.23
Low, Winthrop
50.00
52.48
1.31
1.50
52.29
Lowe, David
25.00
25.60
.64
1.00
25.24
Lummus, Abraham
100.00
107.78
2.69
7.75
102.72
Lord, Annie L. &
150.00
150.72
3.77
3.00
151.49
Lombard, Grace
25.00
25.00
.62
.62
25.00
Maciejowski, Frank
150.00
151.51
3.79
3.50
151.80
Maher, Elizabeth J.
100.00
103.20
2.59
5.50
100.29
Maine, Mary Butler
150.00
157.08
3.93
7.00
154.01
Malenfant, Marie
75.00
75.00
1.87
1.85
75.02
Mallard, Albert D.
50.00
50.00
1.25
1.25
50.00
Mann, George A.
100.00
102.02
2.55
3.50
101.07
Mann, Maria
183.00
185.08
4.63
4.00
185.71
Marlin, Daniel
75.00
75.20
1.88
2.00
75.08
Marshall, Joseph
50.00
50.00
1.25
1.25
50.00
Marshall, Mary E.
100.00
117.34
2.93
11.50
108.77
Martel, Joseph
100.00
100.00
2.50
2.50
100.00
Martin, Everard H.
100.00
101.19
2.53
3.00
100.72
Mayes, William
100.00
100.43
2.57
3.00
100.00
McIntire, Dexter
150.00
151.87
3.80
3.00
152.67
Hester Martel
79
IPSWICH TOWN REPORT
Original Balance
Balance
Name of Fund
Bequest
Jan. 1
Income Expended Dec. 31
Mellor, John
300.00
306.53
7.66
7.00
307.19
Merrill & Kimball
100.00
137.53
3.44
140.97
Merson, Henry
150.00
153.00
3.82
3.50
153.32
Millett & Kimball
200.00
241.85
6.04
7.00
240.89
Milnes, James E.
50.00
50.00
1.25
1.25
50.00
Mitchell, William A.
100.00
105.50
2.63
3.50
104.63
Morehouse, Mary F.
75.00
80.83
2.02
2.00
80.85
Morrill, Edward
50.00
50.00
1.25
1.25
50.00
Morris, Franklin G.
100.00
156.32
3.91
4.00
156.23
Mulholland, Mary M.
150.00
160.09
4.00
164.09
Mulica, Julia & Kostanty
150.00
151.99
3.80
3.50
152.29
Murray, Frank T.
100.00
100.03
2.50
2.53
100.00
Nelson, Per
150.00
152.52
3.81
3.50
152.83
Newcomb, Mrs. Jean M.
75.00
75.05
1.88
1.75
75.18
Newman, Abby L.
150.00
152.61
3.81
3.75
152.67
Newman, Benjamin
100.00
140.03
3.50
4.00
139.53
Nichols, Sumner
100.00
100.62
2.52
2.50
100.64
Nickerson, Esther
100.00
100.00
2.50
2.50
100.00
Nourse, John A.
400.00
408.49
10.21
10.00
408.70
Nourse, S. Sophia
100.00
117.23
2.93
4.00
116.16
Noyes & Damon
100.00
110.46
2.76
3.00
110.22
Ordway, Henry S.
75.00
75.08
1.87
1.75
75.20
O'Brien, Catherine
150.00
154.05
3.85
157.90
Paige, Frank
100.00
100.13
2.50
2.50
100.13
Palmer, Charles
100.00
116.52
2.91
4.00
115.43
Parsons, Hannah
50.00
92.90
2.32
3.00
92.22
Patterson, Mary J.
100.00
136.80
3.42
3.50
136.72
Peabody, Johanna
50.00
51.09
1.28
1.50
50.87
Peabody, Moses & Ezekiel
100.00
170.51
4.26
174.77
Pearson, Hannah H.
50.00
90.46
2.26
2.50
90.22
Peatfield, Hannah M.
50.00
143.99
3.60
3.50
144.09
Peatfield, Mary E.
100.00
128.50
3.21
3.50
128.21
Perkins & Chapman
150.00
258.38
6.46
6.00
258.84
Perley, Mary E.
50.00
50.00
1.25
1.25
50.00
Phillips, Herbert W.
100.00
100.00
2.50
2.50
100.00
Phillips, Moritz B.
350.00
366.18
9.15
8.00
367.33
Pickard, Chester & Mary
100.00
101.39
2.53
2.50
101.42
Pickard, Ernest
50.00
50.00
1.25
1.25
50.00
Pinder, Caroline F.
50.00
50.00
1.25
1.25
50.00
Pingree
75.00
171.82
4.30
4.50
171.62
Plouff
50.00
60.65
1.51
2.00
60.16
Plouff, Clara F.
50.00
50.00
1.25
1.25
50.00
Porter, Peter F.
150.00
151.95
3.80
5.00
150.75
Porter, Winnibelle
100.00
119.51
2.99
3.50
119.00
80
IPSWICH TOWN REPORT
Original Balance
Balance
Name of Fund
Bequest
Jan. 1
Income Expended Dec. 31
Potter
108.00
175.14
4.38
5.00
174.52
Prescott, Jeremiah
75.00
75.46
1.89
2.00
75.35
Purington, Abby J.
100.00
179.67
4.49
4.00
180.16
Poirier, Stanislaus
150.00
150.72
3.77
3.00
151.49
Perley, M. V. B.
150.00
150.65
3.76
4.00
150.41
Peatfield, A. H.
150.00
151.50
3.78
3.50
151.43
Pasek, Alice
100.00
102.47
2.56
4.50
100.53
Rathe, Walter E.
50.00
50.00
1.25
1.25
50.00
Reilly, John A. & Annie
50.00
50.46
1.26
1.72
50.00
Reilly, William P.
50.00
50.00
1.25
1.25
50.00
Richardson, Jerome
150.00
158.32
3,96
6.00
156.28
Ricker, Eliza J.
75.00
75.00
1.88
1.50
75.38
Rigby, Jane
100.00
102.36
2.55
2.00
102.91
Roberts, Alice A.
100.00
103.29
2.58
2.50
103.37
Roberts, Mary E.
100.00
137.82
3.44
3.50
137.76
Roberts, Sally
100.00
199.32
4.98
6.00
198.30
Robinson, Lawrence (Mrs.)
100.00
100.20
2.55
2.75
100.00
Rogers & Jewett
50.00
84.75
2.12
3.00
83.87
Rogers & Johnson
100.00
119.89
3.00
3.25
119.64
Ross, Martha E.
150.00
158.58
3.96
3.00
159.54
Russ, Emily E.
100.00
100.00
2.50
2.50
100.00
Russell, Arthur
200.00
208.42
5.21
3.50
210.13
Russell, Daniel S.
100.00
121.78
3.04
3.00
121.82
Russell, David & Susan
50.00
50.01
1.25
1.25
50.01
Russell, Foster Heirs
100.00
100.00
2.50
2.50
100.00
Russell, Henry F.
100.00
170.26
4.25
11.50
163.01
Russell, William H.
50.00
50.76
1.27
52.03
Rust, Kate
100.00
104.04
2.60
1.25
105.39
Rust, William L.
50.00
50.00
1.25
1.25
50.00
Ross, Lincoln K.
500.00
502.43
12.56
10.00
504.99
Ross, Lincoln K. (Flowers)
500.00
505.47
12.63
8.50
509.60
Ross, William P.
150.00
152.65
3.82
3.00
153.47
Rutherford, Elizabeth S.
200.00
200.97
5.02
4.00
201.99
Reddy, Annie L.
150.00
150.00
3.75
3.50
150.25
Saunders, Willett
100.00
122.31
3.06
4.00
121.37
Sayward, Harry
50.00
50.00
1.25
1.25
50.00
Scanks, Jacob
50.00
50.00
1.25
1.25
50.00
Schofield, George A.
100.00
100.00
2.50
2.50
100.00
Scotton, Eliza
100.00
104.48
2.61
3.00
104.09
Senior, Seth
100.00
108.99
2.72
3.00
108.71
Seward, Sarah A.
100.00
192.24
4.81
4.50
192.55
Shaw, Walter J.
150.00
153.34
3.83
3.50
153.67
Sheppard, Arthur
50.00
50.00
1.25
1.25
50.00
81
IPSWICH TOWN REPORT
Original Balance
Balance
Name of Fund
Bequest
Jan. 1
Income Expended Dec. 31
Shatswell, Nathaniel
100.00
169.68
4.24
5.00
168.92
Sheppard, James H.
50.00
51.25
1.28
1.50
51.03
Sheppard, Walter
50.00
54.20
1.36
1.50
54.06
Shepperson, Harriet
100.00
102.84
2.57
2,50
102.91
Simms, Nellie B.
50.00
50.00
1.25
1.25
50.00
Simmons, Susanna
50.00
50.00
1.25
1.25
50.00
Smith, Caroline L.
100.00
135.46
3.39
3.50
135.35
Smith, Elizabeth L.
100.00
117.13
2.93
3.50
116.56
Smith, Ernest J. & Elizabeth C.
100.00
118.83
2.97
121.80
Smith, Harry P.
100.00
102.79
2.57
3.00
102.36
Smith, Jeremiah & Family
100.00
101.82
2.55
3.00
101.37
Smith, Lemuel
50.00
51.05
1.28
1.75
50.58
Smith, Nellie
100.00
100.00
2.50
2.50
100.00
Smith, Olive P.
100.00
155.61
3.89
3.50
156.00
Soffron, George
150.00
151.47
3.79
3.00
152.26
Soffron, Peter
150.00
151.47
3.79
3.00
152.26
Soffron, Stephen
150.00
151.47
3.79
3.00
152.26
Soffron, Thomas
150.00
151.47
3.79
3.00
152.26
Soper, M. & E.
100.00
101.13
2.53
2.50
101.16
Spaulding, Henry S.
50.00
50.88
1.27
1.50
50.65
Spears, Oscar Kippin
75.00
75.00
1.88
1.88
75.00
Spencer, Robert A.
50.00
50.00
1.25
1.25
50.00
Spiller, George
300.00
574.54
14.36
12.00
576.90
Spiller, Jennie M.
50.00
50.54
1.26
1.80
50.00
Spiller, Jerry
100.00
100.42
2.5
2.50
100.43
Spiller, Joseph
50.00
66.24
1.66
2.00
65.90
Spiller, Lucy F.
50.00
75.68
1.89
2.00
75.57
Spiller, William A.
50.00
50.00
1.25
1.25
50.00
Spinney, Eugene
100.00
217.67
5.44
5.00
218.11
Stackpole, Elmer E.
100.00
130.54
3.26
3.00
130.80
Stackpole, Josiah
50.00
50.00
1.25
1.25
50.00
Stackpole, William A. & Ida M.
125.00
177.81
4.44
4.00
178.25
Staniford
50.00
223.73
5.59
5.50
223.82
Staniford, Mary J. Est.
100.00
105.47
2.64
2.50
105.61
Staniford-Curtis
100.00
110.55
2.76
3.00
110.31
Stewart, James
100.00
101.66
2.54
2.00
102.20
Stewart, Martha J.
50.00
50.26
1.26
1.50
50.02
Stone, Alice A.
100.00
118.52
2.96
3.00
118.48
Stone, Edward R.
100.00
100.56
2.51
2.50
100.57
Stone, H. Ernest
150.00
154.66
3.87
4.00
154.53
Stone, E. Maria
75.00
93.58
2.34
2.50
93.42
Stone, Robert
50.00
50.12
1.25
1.37
50.00
Sullivan, John J., Mrs.
100.00
123.42
3.09
3.50
123.01
Surrette, Joseplı
150.00
153.49
3.84
3.00
154.33
Sutton, Capt. Richard
150.00
152.61
3.82
3.50
152.93
Swan, Isaac
100.00
101.81
2.55
2.50
101.86
Swan, Isaac (Flowers)
100.00
102.42
2.56
3.00
101.98
82
IPSWICH TOWN REPORT
Original Balance
Balance
Name of Fund
Bequest
Jan. 1
Income Expended Dec. 31
Sienkiewicz, Alexander J.
100.00
100.47
2.51
2.00
100.98
Smith, Eben R.
150.00
151.22
3.78
4.50
150.50
Tahney, Dominick
100.00
101.10
2.53
3.00
100.63
Taylor, Mary J.
100.00
100.06
2.50
2.50
100.06
Tenney, Ward F.
50.00
62.91
1.57
1.75
62.73
Theriault, Arcade J.
150.00
155.01
3.88
3.50
155.39
Theriault, Louis
100.00
101.39
2.53
2.50
101.42
Thompson, Fred O.
50.00
50.46
1.26
1.50
50.22
Thurston, Rebecca
65.00
66.01
1.65
2.66
65.00
Tonge, Henry F.
50.00
50.09
1.25
1.25
50.09
Towle, Susan
50.00
50.00
1.25
1.25
50.00
Trow
300.00
672.76
16.82
15.00
674.58
Twombley, Sarah E.
100.00
135.22
3.38
8.00
130.60
Tyler, Emily W.
100.00
148.54
3.71
3.75
148.50
Tyler, Sophia A. &
A. W. Dodge
100.00
125.87
3.15
3.25
125.77
Tuzik, Josephine
100.00
100.47
2.51
2.00
100.98
Underhill, N. Rawson
100.00
100.46
2.51
2.50
100.47
Varrell
200.00
520.26
13.01
12.00
521.27
Vallier, Lena Begin
150.00
150.72
3.77
3.00
151.49
Wade, Annie P.
50.00
50.00
1.25
1.25
50.00
Wade, Annie G. &
Francis C.
100.00
100.46
2.51
2.50
100.47
Wade, Martha E.
200.00
200.00
5.00
4.00
201.00
Wait, Joseph & Sons
500.00
515.98
12.90
12.00
516.88
Waite, Luther
150.00
153.32
3.83
3.50
153.65
Wales, Mrs. F. H.
50.00
50.00
1.25
1.25
50.00
Wallace, John
100.00
100.20
2.55
2.75
100.00
Wardell, Moses
200.00
279.44
6.98
7.00
279.42
Waymouth, Grace C.
150.00
151.22
3.78
3.50
151.50
Weeks, Mrs. Charles D.
100.00
137.17
3.43
3.50
137.10
Weeks, Francis P.
50.00
71.93
1.80
1.75
71.98
Welch, Mrs. E. H.
100.00
176.20
4.40
4.50
176.10
Wels, Charles H.
75.00
75.30
1.88
2.00
75.18
Wels, Daniel H.
75.00
95.68
2.39
98.07
Wentworth, Etta L.
100.00
123.04
3.07
3.00
123.11
Whalen, Alice M. &
Martha M. Scott
150.00
158.63
3.96
6.00
156.59
83
IPSWICH TOWN REPORT
NEW FUNDS
Atkinson, Harry C.
200.00
2.08
2.08
200.00
Hall, Albert & Edith M.
100.00
.83
100.83
Stone, Daniel W.
150.00
1.25
151.25
Senior, Joseph W.
150.00
1.25
1.25
150.00
Bampton, Sophia
50.00
.20
50.20
Peachy, William
250.00
1.04
251.04
Brown, Albert
150.00
.63
150.63
Minichello, John
100.00
.21
100.21
LePorte, Harry
100.00
.21
100.21
Merrey, Alfred
150.00
.32
150.32
Printz, John
100.00
1.25
101.25
Hulbert, Adhurs
100.00
1.25
101.25
Howe, Frank E.
100.00
1.25
101.25
Shaw, A. & Samuel F.
Gordon
150.00
1.85
151.85
Foote, Mark
100.00
1.25
101.25
Nordquist, Kelga
100.00
100.00
Hayes, G. H. W.
150.00
150.00
Smth, Stephen C.
150.00
150.00
Himber, Harry
100.00
100.00
Mruk, John Mrs.
100.00
100.00
Ciolek, J. J.
150.00
150.00
Lewis, Henry B.
300.00
300.00
ADDITIONS
Grant, E. Phraim
150.00
1.25
1.25
150.00
Whittier, Maynard
150.00
150.00
$3,300.00 $69,656.70 $1,758.19 $1,763.73 $72,951.16
1951 Income not apportioned
50.00
$73,001.16
84
IPSWICH TOWN REPORT
Eunice Caldwell Cowles Fund
Balance, January 1, 1950
$10,161.17
Income:
Ipswich Savings Banks $ 2.98
U. S. Treasury Bonds 250.00
252.98
$10,414.15
Paid for Scholarship in 1950
250.00
Balance, December 31, 1950 $10,164.15
SECURITIES COMPRISING FUND
Two (2) $5,000.00 Series G
War Savings Bonds $10,000.00
On deposit Ipswich Savings Bank 164.15
$10,164.15
ELWYN F. MCCARTHY,
Treasurer
85
IPSWICH TOWN REPORT
Mrs. William G. Brown Fund
The Town of Ipswich in Trust, the income to be used under the direction of the Selectmen by the Agent of the Society of the Prevention of Cruelty to Animals.
Balance, January 1, 1950 $ 2,277.00 57.27
Income: Ipswich Savings Bank
Balance, December 31, 1950
$ 2,334.27
On deposit Ipswich Savings Bank, December 31, 1950
$ 2,334.27
ELWYN F. MCCARTHY,
Treasurer
Dow Boulder Memorial Fund
Balance, January 1, 1950
$ 153.11
Income: Ipswich Savings Bank
3.85
Balance, December 31, 1950
$ 156.96
On deposit Ipswich Savings Bank December 31, 1950
$ 156.96
ELWYN F. MCCARTHY,
Treasurer
86
IPSWICH TOWN REPORT
Marianna T. Jones Fund
Balance, January 1, 1950
$ 875.39
Income: Ipswich Savings Bank
22.02
Balance, December 31, 1950
$ 897.41
On deposit Ipswich Savings Bank, December 31, 1950
$ 897.41
ELWYN F. MCCARTHY,
Treasurer
John C. Kimball Fund
The Town of Ipswich, Trustee under the will of John C. Kimball, income to be used for the purchase of books for the Ipswich Public Library.
Balance, January 1, 1950
$ 525.46
Income: Ipswich Savings Bank
13.21
$ 538.67
Payments: Ipswich Public Library
38.67
Balance, December 31, 1950
$ 500.00
On deposit Ipswich Savings Bank, December 31, 1950
$ 500.00
ELWYN F. MCCARTHY,
Treasurer
87
IPSWICH TOWN REPORT
Mark Newman Memorial Fund
Balance, January 1, 1950
$5,127.35
Income: Ipswich Savings Bank
128.98
$5,256.33
Expenditures: Woodcraft Supply Co.
87.40
Balance, December 31, 1950
,
$5,168.93
On deposit Ipswich Savings Bank December 31, 1950
$5,168.93
ELWYN F. MCCARTHY,
Treasurer
Richard T. Crane, Jr., Picnic Fund
Balance, January 1, 1950
$31,929.96
Income:
Ipswich Savings Bank
$ 99.41
Stocks and Bonds
1,393.87
1,493.28
$33,423.24
Expenditures:
Picnic
$1,211.94
New England Trust Co.
58.00
1,269.94
Balance, December 31, 1950
$32,153.30
88
IPSWICH TOWN REPORT
INVESTMENT ACCOUNT
Ipswich Savings Bank
$ 4,230.16
Stocks and Bonds
27,923.14
$32,153.30
ELWYN F. MCCARTHY,
Treasurer
SECURITIES COMPRISING FUND
Market Value
Cost
Dec. 31, '50
20 Shares Crown Cork & Seal No. 2 Pfd.
$ 1,016.36
$ 702.50
20 Shares Eastern Gas & Fuel 414 Pfd.
1,972.67
1,365.00
5 Shares American Tel. & Tel.
968.56
755.00
50 Shares Commonwealth Edison
1,699.02
1,381.25
30 Shares Chesapeake & Ohio
1,730.05
1,031.25
50 Shares Lowes Inc.
1,563.40
781.25
15 Shares Fidelity Phoenix Fire Inc.
932.55
1,057.50
$5,000.00 U.S.A. Treas. Series G 212
5,000.00
5,000.00
$5,000.00 U.S.A. Treas. 212's
5,000.00
5,000.00
10 Shares International Paper 4% Pfd.
1,027.72
1,080.00
20 Shares First National Bank of Boston
1,013.27
925.00
30 Shares North American Co.
831.26
532.50
80 Shares Virginia Elec. & Power Co. Common
1,395.61
1,530.00
15 Shares Phillips Petroleum Co. Common
895.28
1,198.13
15 Shares Standard Oil Co. of Calif. Common
1,004.03
1,378.13
89
IPSWICH TOWN REPORT
15 Shares C.I.T. Financial Corp Common
888.08
658.13
15 Shares First Nat'l Stores Inc. Common
985.28
1,185.00
On deposit Ipswich Savings Bank
4,230.16
4,230.16
$32,153.30
$29,790.80
ELWYN F. MCCARTHY,
Treasurer
Martha I. Savory Fund
Balance, January 1, 1950
$ 305.37
Income: Ipswich Savings Bank
$ 2.64
Western Union Telegraph 4.00
6.64
$ 312.01
INVESTMENT ACCOUNT
Ipswich Savings Bank $ 112.01
Two (2) Shares Western Union Telegraph Stock
200.00
$ 312.01
Market Value
Cost
Dec. 31, '50
2 Shares Western Union Telegraph Stock $ 200.00
$ 80.00
ELWYN F. MCCARTHY,
Treasurer
90
IPSWICH TOWN REPORT
Stabilization Fund
Transferred by vote of Town Meeting held by adjournment April 1, 1946:
Surplus Revenue $ 3,750.00
Balance, January 1, 1950
$ 3,987.05
Income: Ipswich Savings Bank 100.29
$ 4,087.34
Payments: To Town by vote of Town
Meeting March 1950
3,750.00
Balance, December 31, 1950 $ 337.34
On deposit Ipswich Savings Bank $ 337.34
ELWYN F. MCCARTHY,
Treasurer
91
IPSWICH TOWN REPORT
Post War Rehabilitation Fund
Transferred by vote of Town Meeting held March 6, 1944:
Surplus Revenue
$32,000.00
Electric Light Operations
18,000.00
$50,000.00
Balance, January 1, 1950
$31,732.26
Income: Ipswich Savings Bank $ 43.56
U.S. Treasury - Interest 708.00
751.56
$32,483.82
Payments: To Town by vote of Town Meeting March 1950 31,000.00
Balance, December 31, 1950
$ 1,483.82
On deposit Ipswich Savings Bank
$ 1,483.82
ELWYN F. MCCARTHY,
Treasurer
92
IPSWICH TOWN REPORT
Manning School Fund
Balance, January 1, 1950-Ipswich Savings Bank
$ 6,112.66 Income-
Interest and Dividends
$ 781.31
Sale Scrip
25.97
807.28
6,919.94
Expense --
Safe Deposit Box Rent
6.00
Commission
1.50
7.50
Balance, December 31, 1950 6,912.44
SECURITIES:
50 shares First National Bank, Boston $2,307.25
10 shares Ipswich Co-operative Bank 2,000.00
9 shares Chesapeake & Ohio R.R. pfd. 746.00
16 shares Chesapeake & Ohio R.R. com. 554.00 6 $1000.00 bonds Peoria & Eastern Ry. 6,000.00 1 $500.00 bond Peoria & Eastern Ry. 500.00
2 $50.00 bonds Peoria & Eastern Ry. 100.00
U.S. Savings Bonds-Series G 11,000.00
23,207.25
93 -
IPSWICH TOWN REPORT
Total in Fund
$30,119.69
The 15 shares of Patterson Bridge Co. have been declared worthless and the Mexican R.R. Bonds of doubtful value, there- fore are not included in the schedule of assets.
M. CHAS. ARTHUR,
December 31, 1950
Treasurer
R. H. Manning Fund
Balance, January 1, 1950-Ipswich Savings Bank $12,840.91
Income-Interest and Dividends 373.18
Balance, December 31, 1950 $13,214.09
SECURITIES:
10 shares Ipswich Co-operative Bank
2,000.00
Total in Fund $15,214.09
The 60 shares of Patterson Bridge Co. have been declared worthless, therefore are not included in the assets.
M. CHAS. ARTHUR,
December 31, 1950
Treasurer
94
. --
IPSWICH TOWN REPORT
Feoffees of the Grammar School
Cash in First National Bank,
January 1, 1950
$
664.90
Receipts:
Rents
$ 6,814.00
Taxes
11,301.40
Interest
21.62
Withdrawn from Ipswich
Savings Bank
13,000.00
Dividends
135.00
31,272.02
$31,936.92
EXPENDITURES:
First National Bank, charges $ 1.15
A. B. C. Mulholland, road repairs, loam, patch, hot top 327.75
Ipswich Electric Shop, labor, store
91.21
S. Vitale Construction Co., backhoe, labor, trailer 140.00
Charles A. Mallard, salary as Treasurer and Secretary 500.00
95
IPSWICH TOWN REPORT
H. C. Wainwright Co., shares First
National Bank, Boston and National
Shawmut Bank, Boston 5,425.83
Ipswich Co-operative Bank, shares 2,000.00
Koppers Company, road oil, posts, patch 1,120.31
Cuthbert Wile, labor 96.00
New Hampshire Explosives & Mac. Co., materials 156.56
Lynn Sand & Stone Company, materials
107.29
Joseph Fido, labor on trees 174.00
Graf Brothers, express 2.89
Drath & Fuller, labor, transportation
970.48
A. B. C. Mulholland, collection rubbish
and garbage
600.00
Tedford-Martin, stakes
3.56
Ipswich Grain Company, cement
1.20
Damon & Damon, insurance
175.58
Russell Grant, labor on float
73.50
Town of Ipswich, Highway Machine Fund
62.00
Thomas Cunningham, labor 6.00
John W. Goodhue, Inc., padlock
.75
A. B. C. Mulholland, patching, truck, sand, bulldozer 1,101.94
Water Dept. Ipswich, repairs on service broken by bulldozer 19.90
Richard Wells, police 25.20
96
IPSWICH TOWN REPORT
John Michon, police 8.40
William Matos, police 31.50
Robert Leet, labor 1.50
Fabian Modzicz, police 8.40
1640 Hart House, annual dinner 59.66
Town of Ipswich, 1950 taxes
13,293.00
Walter Fessenden, labor
9.10
Town of Ipswich, toward salary
of Principal 5,000.00
John Singer & Sons, blasting
rocks, new road 27.85
William Burridge, repairs building 12.65
31,635.16
Cash on hand or in First National Bank
as of December 31, 1950 301.76
$31,936.92
IPSWICH TOWN REPORT
97
PROPERTY IN THEIR HANDS:
Little Neck valued at
$16,500.00
Store Building
10,000.00
Cash on hand or in First National Bank
301.76
Deposited in Ipswich Savings Bank $2,002.40
Interest earned 1950 214.89
2,217.29
Deposited in Ipswich Savings Bank,
Farm account
4,863.25
Interest earned 1950
122.34
4,985.59
Present Value
Cost
5 Series F-U. S. Bonds
$3,700.00
$3,985.00
50 Shares First National Bank of Boston
2,677.26
2,312.50
100 Shares National Shawmut Bank of Boston
2,748.63
2,537.50
Ipswich Co-operative Bank Paid Up Certificate
2,000.00
2,000.00
10,835.00
$44,839.64
CHARLES A. MALLARD,
Treasurer and Clerk
98
IPSWICH TOWN REPORT
Burley Education Fund
The Trustees of the Burley Education Fund herewith sub- mit their one hundred twenty-fifth annual report:
Invested funds: January 1, 1951:
Deposited in Salem Savings Bank $ 1,007.59
Deposited in Salem Five Cents Savings Bank 888.39
Deposited in Ipswich Savings Bank
2,703.10
Deposited in Ipswich Savings Bank- Caldwell Fund 1,725.82
Ipswich Co-operative Bank Certificate
1,000.00
15 shares Boston & Maine R.R., common stock ¢ 69.37
3 shares Boston & Maine R.R., prior pref. stock * 202.50
$ 7,596.77
Income from funds for the year 1950 as follows:
Interest, Salem Savings Bank $ 24.72
Interest, Salem Five Cents Savings Bank 21.79
Interest, Ipswich Savings Bank
65.97
Interest, Ipswich Savings Bank-
Caldwell Fund
42.34
Dividend, Ipswich Co-operative Bank
25.00
$ 179.82
Expended for rent of safe deposit box
6.00
Net Income $ 173.82
99
IPSWICH TOWN REPORT
* The above stocks have previously been listed at a par value of 15 shares B. & M. Co. R.R. common stock $1500. and 3 shares B. & M. Co. prior preference of $300. The stocks, however, in accordance with vote of the Town, this year and hereafter will be listed at the market value on the first business day in January of each year.
Respectfully submitted, FREDERICK S. WITHAM, Treasurer, Trustees Burley Education Fund
Brown School Fund Report for Year 1950
Balance, January 1, 1950
$ 3,231.39
Income:
Ipswich Savings Bank Interest
37.33
Salem Five Cents Savings Bank Interest 43.94
$ 3,312.66
Expenditures:
Paid A. B. C. Mulholland for Transportation of the School Children of Candlewood $ 80.00
Balance, December 31, 1950
3,232.66
$ 3,312.66
CHESTER A. BOLLES,
January 23, 1951
Treasurer
IPSWICH PUBLIC LIBRARY - TREADWELL FUND
Investment or Deposit In
Description
Amount of Shares
Value Dec. 31, 1950
American Tel & Tel. Co. Chesapeake & Ohio R.R.
Common Stock
5 shares
$ 755.00
Common Stock
10 shares
343.75
Corn Products Refining Co.
Common Stock
10 shares
617.68
Fidelity Phoenix Fire Ins. Co.
Common Stock
10 shares
644.81
Fidelity Phoenix Fire Ins. Co.
Common Stock
3 shares
193.44
Fidelity Phoenix Fire Ins. Co.
Common Stock
1 share
64.48
Common Stock
15 shares
688.13
First National Bank of Boston First National Stores, Inc.
Common Stock
10 shares
650.23
Ipswich Co-operative Bank
Paid Up Shares
3 shares
600.00
Ipswich Co-operative Bank
Paid Up Shares
1 share
200.00
Ipswich Savings Bank
Cash
543.83
International Paper Co.
Preferred Stock
10 shares
934.70
Liggett & Myers Tobacco Co.
Common Stock
10 shares
757.50
Liggett & Myers Tobacco Co.
Common Stock
2 shares
100.00
Ludlow Mfg. & Sales Co.
Common Stock
10 shares
287.50
Ludlow Mfg. & Sales Co.
Common Stock
20 shares
575.00
Salem Savings Bank
Cash
550.00
Sears Roebuck & Co.
Common Stock
20 shares
838.70
United States of America
G Bond 212% (Nov. 1956) $500
500.00
United States of America
G Bond 212% (Feb. 1958) $1000 1,000.00
United States of America
G Bond 212% (Dec. 1958) $1000 1,000.00
United States of America Treas. Note 212% (1967-72) $1000
1004.38
United States Rubber Co.
Preferred Stock
5 shares
677.50
Vermont & Mass. Ry. Co.
Common Stock
10 shares
1,220.00
Virginia Electric & Power Co.
Common Stock 40 shares
726.09
$15,472.72
Income received during 1950 used for Library purposes: $921.09, including stock divi- dend of 3 1/3 shares of Fidelity Phoenix Fire Ins. Co. valued at $214.92. Value December 31, 1950 is the lower of cost or market.
DANIEL W. POOR, JR.,
Treasurer
IPSWICH PUBLIC LIBRARY - AUGUSTINE HEARD FUND
Investment or Deposit In
Description
Amount of Shares
Value Dec. 31, 1950
Detroit Edison Co.
Common Stock
40 shares ·
$ 905.00
Detroit Edison Co.
Common Stock
4 shares
90.50
Detroit Edison Co.
Common Stock
4 shares
80.00
Household Finance Corp.
Common Stock
35 shares
1,111.25
Household Finance Corp.
Common Stock
3 shares
95.25
Ipswich Co-operative Bank
Matured Shares
5 shares
1,000.00
Ipswich Co-operative Bank
Paid Up Shares
1 share
200.00
Ipswich Savings Bank
Cash
622.57
J. C. Penney Co.
Common Stock
15 shares
797.28
Salem Savings Bank
Cash
500.00
United States of America
G Bond 23% (May 1955)
$1,000
1,000.00
United States of America
G Bond 212% (Nov. 1957)
500
500.00
United States of America
G Bond 21% (Feb. 1958)
500
500.00
United States Steel Co.
Preferred Stock
6 shares
894.00
$ 8,295.85
Income received during 1950 used for Library purposes: $336.26. Value December 31, 1950 is the lower of cost or market.
IPSWICH PUBLIC LIBRARY FUND - ELIZABETH R. LATHROP FUND
Ipswich Co-operative Bank
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