Town annual report of Ipswich 1950, Part 3

Author: Ipswich (Mass.:Town)
Publication date: 1950
Publisher: Lynn News Press / J. F. Kimball
Number of Pages: 278


USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1950 > Part 3


Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).


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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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