Town annual report of Ipswich 1959, Part 6

Author: Ipswich (Mass.:Town)
Publication date: 1959
Publisher: Lynn News Press / J. F. Kimball
Number of Pages: 118


USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1959 > Part 6


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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Available:


Expenditures :


Appropriation Premium-Sewer Loan


59,189.20 2,810.80


New Elementary School Loan Sewerage Loan Garage Loan


35,000.00


25,000.00


2,000.00


62,000.00


62,000.00


INTEREST ON NOTES


Available: Appropriation


34,645.00


Sewer Interest New Elementary School


11,925.00


Municipal Garage


520.00


34,645.00


34,645.00


INTEREST ON TEMPORARY LOAN


Available:


Appropriation Reserve Fund


800.00


Expenditures: Anticipation of Taxes


974.85


174.85


974.85


974.85


PENSIONS


Available:


Appropriation


2,255.00


Expenditures: Pension Payments To Revenue


2,254.58


Transfer Reserve Fund


50.00


50.42


2,305.00


2,305.00


76


Expenditures :


22,200.00


,


13,058.79


DETAILED STATEMENT OF EXPENDITURES (CONT.)


CONTRIBUTORY PENSIONS


Available: Appropriation


Expenditures :


34,458.94 Essex County Assessment 34,458.94


RESERVE FUND


Available: Appropriation


10,000.00


Highway Winter


2,500.00


Interest on Temporary


Loan


174.85


Pensions


50.00


Sanitation


2,500.00


Civic Activities


500.00


Veterans Services


4,275.15


10,000.00


10,000.00


PARKING LOT LEASES


Available :


Expenditures :


Balance January 1 Appropriation


757.75


Ipswich Savings Bank


1.00


784.00


Blanche R. Goodhue


50.00


Balance to 1960


1,490.75


1,541.75


1,541.75


UNPAID BILLS


Available: Appropriation


1,690.40


City of Lynn


505.13


City of Quincy


129.27


Cable Hospital


184.82


To Revenue


871.18


1,690.40


1,690.40


CEMETERIES


Available:


Expenditures :


Appropriation


24,879.50


Salary & Wages


23,116.61


Refunds


23.50


Outside Services


74.50


Perpetual Care Income


2,761.05


Communications Supplies


1,051.06


Equipment Costs


1,210.43


Fuel & Utilities


263.27


Insurance Transfer


957.92


500.00


27,371.18


To Revenue


292.87


27,664.05


27,664.05


CAPITAL CONSTRUCTION


CHAPTER 90 CONSTRUCTION 1957


Available : Balance January 1


14,447.64


Expenditures : Labor, Supplies & Equipment


14,447.64


77


197.39


819.22


Expenditures :


51.00


Expenditures :


DETAILED STATEMENT OF EXPENDITURES (CONT.)


CHAPTER 90 - 1958


Available: Balance January 1


28,000.CO


Expenditures : Labor, Supplies & Equipment Balance to 1960


15,628.80


12,371.20


28,000.00


28,000.00


CHAPTER 90 - 1959


Available:


Appropriation


Chapter 718 Acts 1956


18,263.24 5,736.76


Expenditures : Labor, Supplies & Equipment


16,471.37


Balance to 1960


7,528.63


24,000.00


24,000.00


CHAPTER 90 JEFFREYS NECK ROAD


Available: Balance January 1


Expenditures:


3,501.00


Labor, Supplies & Equipment


3,501.00


GREAT NECK ROAD CONSTRUCTION


Available: Balance January 1


682.71


Expenditures : Labor, Supplies & Equipment


682.71


GUARD RAILS


Available:


Expenditures :


Balance January 1


354.09


Labor, Supplies & Equipment


854.09


854.09


854.09


BRIDGE RECONSTRUCTION


Available:


Balance January 1 Appropriation


3,001.48


Expenditures : Balance to 1960


5,001.48


2,000.00


5,001.48


5,001.48


TOWN WHARF


Available: Balance January 1


7,452.50


Expenditures: Labor, Supplies & Equipment


7,452.50


NEW SIDEWALKS


Expenditures :


Available: Balance January 1


1,767.73


Labor, Supplies & Equipment Balance to 1960


1,716.67


51.06


1,767.73


1,767.73


78


Appropriation


500.00


DETAILED STATEMENT OF EXPENDITURES (CONT.)


SIDEWALK REPLACEMENT


Available: Balance January 1 Appropriation


501.09 1,500.00


Expenditures : Labor, Supplies & Equipment


2,001.09


2,001.09


2,001.09


SEWER COMMITTEE


Available: Balance January 1


320.29


Expenditures : Labor & Supplies To Revenue


56.61


263.68


320.29


320.29


PINE SWAMP ROAD RECONSTRUCTION


Available: Balance January 1


30.01


Expenditures : Labor & Supplies


30.01


UNION STREET RECONSTRUCTION


Available: Balance January 1


Expenditures:


203.61


Labor & Supplies


203.61


WILCOMB'S CORNER


Available:


Balance January 1


150.00


Expenditures : Labor & Supplies


150.00


RAILROAD CROSSING SIDEWALK TOPSFIELD ROAD


Available: Balance January 1


500.00


Expenditures: Labor, Supplies & Equipment Balance to 1960


366.96


500.00


500.00


FIRE ALARM SYSTEM RECONSTRUCTION


Available: Balance January 1


1,760.95


Expenditures : Labor, Supplies & Equipment Balance to 1960


1,677.58


83.37


1,760.95


1,760.95


FARLEY BROOK REPIPING


Available :


Balance January 1


9,000.00


Expenditures : Balance to 1960


18,500.00


Appropriation


9,500.00


18,500.00


18,500.00


CEMETERY FENCE


Available:


Balance January 1


88.56


Expenditures : Labor, Supplies To Revenue


200.00


Appropriation


140.00


28.56


228.56


228.56


79


133.04


DETAILED STATEMENT OF EXPENDITURES (CONT.)


SEWER CONSTRUCTION - TOWN


Available: Balance January 1 Refund


474,698.36 75.00


Expenditures : Labor, Supplies & Equipment


474,773.36


474,773.36


474,773.36


SEWER CONSTRUCTION - FEDERAL


Available: Federal Grant


102,000.00


Expenditures : Labor, Supplies & Equipment Balance to 1960


91,860.69


10,139.31


102,000.00


102,000.00


NORTH MAIN STREET RECONSTRUCTION


Available: Balance January 1


1,941.29


Expenditures : Labor, Supplies & Equipment 1,941.29


TOWN GARAGE


Available: Balance January 1


Expenditures:


5,041.19


Labor, Supplies & Equipment


5,041.19


EXPANSION MUNICIPAL PARKING LOT


Available: Balance January 1


Expenditures:


3,058.67


Labor, Supplies & Equipment


3,058.67


WAYNE AVENUE GRADING


Available: Appropriation Transfer


1,100.00


500.00


Balance to 1960


14.86


1,600.00


1,600.00


STREET SIGNS


Available: Appropriation


150.00


Expenditures : Labor & Supplies


137.50


Balance to 1960


12.50


150.00


150.00


FELLOWS ROAD CULVERT


Available: Appropriation


600.00


Expenditures: Labor & Supplies


600.00


TOWN GARAGE SITE IMPROVEMENT


Available : Appropriation


500.00


Expenditures: Labor & Supplies


500.00


Expenditures : Labor, Supplies & Equipment


1,585.14


80


DETAILED STATEMENT OF EXPENDITURES (CONT.)


HEARTBREAK ROAD DRAINAGE


Available: Appropriation


1,000.00


Expenditures : Materials Balance to 1960


208.13


791.87


1,000.00


1,000.00


TOWN FARM ROAD RECONSTRUCTION


Available: Appropriation


3,000.00


Expenditures: Labor, Supplies & Equipment


2,917.42


To Revenue


82.58


3,000.00


3,000.00


HEARTBREAK ROAD CULVERT


Available: Appropriation


500.00


Expenditures: Balance to 1960


500.00


KENTS CORNER CULVERT


Available: Appropriation


600.00


Expenditures: Labor, Supplies & Equipment Balance to 1960


525.69


74.31


600.00


600.00


REPLANK RAILROAD BRIDGE WALDINGFIELD


Available: Appropriation


750.00


Expenditures: Labor & Supplies


750.00


KIMBALL AVENUE DRAINAGE IMPROVEMENT


Available: Appropriation


500.00


Expenditures : Labor, Supplies & Equipment


497.57


To Revenue


2.43


500.00


500.00


PINE SWAMP CULVERT


Available: Appropriation


550.00


Expenditures : Labor, Supplies & Equipment


550.00


BROADWAY DRAINAGE


Available: Appropriation


1,800.00


Expenditures: Transfer


1,800.00


HANSBURY DEVELOPMENT DRAINAGE


Available: Appropriation


1,000.00


Expenditures: Labor, Supplies & Equipment


94.83


To Revenue


905.17


1,000.00


1,000.00


81


DETAILED STATEMENT OF EXPENDITURES (CONT.)


TOWN GARAGE FLOOR EXTENSION


Available: Appropriation


600.00


Expenditures: Labor, Supplies & Equipment 600.00


LIGHTHOUSE IMPROVEMENT


Available: Appropriation


Expenditures:


350.00


Labor, Supplies & Equipment


349.73


To Revenue


.27


350.00


350.00


RETREADING STAIRS FIRE STATION


Available: Appropriation


250.00


Expenditures: Labor, Supplies


250.00


PAINTING TOWN HALL


Available: Appropriation


Expenditures: Transfer


1,000.00


GILES FIRMIN


Available: Appropriation


Expenditures:


1,500.00


Labor, Supplies & Equipment


1,489.57


To Revenue


10.43


1,500.00


1,500.00


TOWN HILL AREA


Available : Appropriation


Expenditures:


2,500.00


Labor, Supplies & Equipment


2,261.53


Balance to 1960


238.47


2,500.00


2,500.00


RAZING OLD HIGHWAY GARAGE


Available: Appropriation


Expenditures :


1,500.00


Labor, Equipment Balance to 1960


954.16


1,500.00


1,500.00


REPAIR TENNIS COURT FENCE - LINEBROOK


Available: Appropriation


450.00


Expenditures : Labor, Supplies


450.00


REPAIR AND REMOVE TENNIS COURT FENCE


Available: Appropriation


300.00


Expenditures : Labor, Supplies Balance to 1960


245.90


54.10


300.00


300.00


82


545.84


1,000.00


DETAILED STATEMENT OF EXPENDITURES (CONT.)


CAPITAL IMPROVEMENT PROGRAM


Available: Appropriation


1,000.00


Expenditures: Balance to 1960


1,000.00


PLAYGROUND DEVELOPMENT


Available: Appropriation


1,200.00


Expenditures : Labor, Supplies & Equipment


1,200.00


IPSWICH RIVER IMPROVEMENT


Available: Appropriation


8,000.00


Expenditures : Balance to 1960


8,000.00


CIVIC ACTIVITIES FIELD


Available: Appropriation Transfer Reserve Fund


Expenditures :


2,000.00


500.00


Labor, Supplies & Equipment


2,500.00


2,500.00


2,500.00


83


DETAILED STATEMENT OF EXPENDITURES (CONT.)


CAPITAL EQUIPMENT


MISCELLANEOUS EQUIPMENT


Available: Appropriation


9,974.00


Expenditures : Accounting


Adding Machine 267.30


Clothes Locker 64.96


Typewriter


166.50


Heater


9.95


508.71


Treasurer-Collector


Typist Stand


35.96


Counter


200.00


235.96


Police Department Chairs & Desk


200.00


Fire Department


Portable Pump


500.00


Rescue Boat


Equip.


479.00


979.00


P. W. Grounds & Buildings Power Saw


285.00


P. W. Highway Trash Receptacles


252.00


Truck


5,339.00


Salt Spreader


663.00


6,254.00


Cemetery


Power Mower


183.54


Heating Unit


575.00


Tires for Jeep


41.26


799.80


Playgrounds


Power Mower


91.77


Skill Saw


38.23


130.00


Heal th


Electric Fan


30.00


Transfer


496.24


9,918.71


To Revenue


55.29


9,974.00


9,974.00


84


DETAILED STATEMENT OF EXPENDITURES (CONT.)


SCHOOLS AND LIBRARIES


EDUCATION


Available:


524,051.94


General Control


20,159.15


Expense of Instruction


382,659.42


School Plant Operations


41,275.19


Maintenance & Repairs


11,781.36


Auxiliary Agencies Outlay


51,764.57


21,296.78


To Revenue


130.09


529,066.56


529,066.56


ELEMENTARY SCHOOL BUILDING FUND


Available:


Balance January 1


1,033.75


Expenditures : Supplies Balance to 1960


8.48


1,025.27


1,033.75


1,033.75


SCHOOL BUILDING COMMITTEE


Available: Balance January 1


170.44


Expenditures : Supplies Balance to 1960


59.51


110.93


170.44


170.44


IPSWICH SCHOOL CAFETERIAS


Available: Receipts


58,375.81


Expenditures: Labor, Supplies Balance to 1960


55,522.38


2,853.43


58,375.81


58,375.31


ATHLETIC RECEIPTS


Available: Balance January 1 Receipts


Expenditures :


550.20


Labor, Supplies


1,246.74


2,563.95


Balance to 1960


1,867.41


3,114.15


3,114.15


ATHLETIC APPROPRIATION


Available: Appropriation


5,751.15


Expenditures: Supplies To Revenue


5,750.99


.16


5,751.15


5,751.15


BAND FUND


Available: Balance January 1


221.57


Expenditures : Balance to 1960


221.57


85


Appropriation Receipts from Feoffees of the Grammar Schools Refund


5,000.00


14.62


Expenditures :


528,936.47


DETAILED STATEMENT OF EXPENDITURES (CONT.)


LIBRARY


Available: Appropriation


22,300.00


Expenditures: Outside Services


22,300.00


FEDERAL SCHOOL REIMBURSEMENT (PUBLIC LAW 874)


Available:


Balance January 1


1,486.47


Expenditures: Miscellaneous


7,596.40


Federal Grants Refund


8,974.69


Balance to 1960


2,874.76


10.00


10,471.16


10,471.16


EDUCATION NATIONAL DEFENSE


Available:


Federal Grant


102.30


Expenditures: Miscellaneous


99.68


To Revenue


2.62


102.30


102.30


REGIONAL SCHOOL DISTRICT PLANNING COMMITTEE


Available:


Balance January 1


154.74


Expenditures: Balance to 1960


500.74


Appropriation


346.00


500.74


500.74


TRUST FUNDS


R. T. CRANE JR. PICNIC FUND


Available: Receipts


Expenditures:


, 1,265.25


Picnic Expense


1,265.25


MARK NEWMAN FUND


Available: Receipts


Expenditures : Education


435.26


EUNICE CALDWELL COWLES FUND


Available: Receipts


300.00


Expenditures : Scholarship Awards


300.00


JOHN C. KIMBALL FUND


Available : Receipts


119.84


Expenditures: Miscellaneous


119.84


MRS. WM. G. BROWN FUND


Available: Receipts


108.10


Expenditures: Dog Clinic


108.10


435.26


86


DETAILED STATEMENT OF PAYMENTS For the Year Ending December 31, 1959


Departmental Expenditures


Federal Grants:


Welfare Administration


7,528.54


Electric Light:


Operations


427,119.42


Construction


9,570.17


Aid Dependent Children


2,678.05


Extending & Enlarging Electric Plant 98,821.45


Depreciation


22,557.60


State & County Requirements :


Parks & Reservations 1959


3,918.34


County Tax 1959


33,581.13


County Sanitorium Tax 1959


7,850.48


State Audit


1,839.38


47,189.33


Maturing Debt:


62,000.00


Agency:


Dog Licenses Collected for


County


1,817.75


Retirement Deductions


25,299.20


Refunds :


Real Estate 1957


10.00


Real Estate 1958


444.21


Real Estate 1959


986.55


Poll 1959


8.72


Personal 1958


144.05


Personal 1959


11.10


Trust Funds :


Cemetery Perpetual Care


Bequests


3,435.00


Cemetery Perpetual Care Fund Income


3,294.04


Meter Deposits & Interests


1,424.22


Miscellaneous 9.00


6,902.46


Eunice Caldwell Cowles Fund


632.48


Fanny L. Appleton Memorial Fountain Fund


28.58


Treasury Bills


646,991.56


Mark Newman Memorial Fund


424.90


Hannah C. Clarke Fund


25.78


Loans in Anticipation of


John C. Kimball Fund


141.02


Serial Issue


200,000.00


Mrs. Wm. G. Brown Fund


197.79


Marianna T. Jones Fund


41.59


Post War Rehabilitation Fund


68.43


Stabilization Fund


15.62


Ipswich High School World War II Fund


8.79


Dow Boulder Memorial Fund


7.25


9,749.49


Water Department:


Operations & Extensions


100,143.16


Interest on Maturing Debt


34,645.00


Interest on Temporary Loan


974.85


97,619.85


Withholding Tax Deductions (Federal)


114,770.12


Blue Cross Deductions


15,603.15


Withholding Tax Deductions (State)


8,468.57


165,958.79


M.V.X. 1958


403.75


M.V.X. 1959


2,396.32


Electric Light


1,040.39


Water


17.42


Interest & Costs


6.73


R.T.Crane Jr. Picnic Fund Expense


1,410.87


Martha I. Savory Fund


17.35


Total Cash Payments


3,888,366.41


1,966,193.72


Mass. Shellfish Reimbursement 961.74


Old Age Assistance


72,075.56


Disability Assistance


6,305.52


88,587.67


558,068.64


87


DETAILED STATEMENT OF CASH RECEIPTS


For the Year Ending December 31, 1959


Taxes :


Current Year:


Poll


4,080.36


Welfare Administration


7,535.25


Personal


47,792.46


Aid to Dependent Children 1,233.87


Real Estate


809,596.44


Old Age Assistance


70,324.20


Disability Assistance 10,117.02


Sewer Construction


102,000.CO


Previous Years :


Poll


128.91


Personal


4,173.96


Real Estate


77,973.84


82,276.71


Farm Animal Excise


272.02


Privileges :


Motor Vehicle Excise Previous Years


14.21


Motor Vehicle Excise 1957


2.00


Motor Vehicle Excise 1958


15,070.70


Motor Vehicle Excise 1959


92,633.48


107,720.39


Licenses and Permits :


Liquor


10,634.00


Hawkers & Peddlers


33.00


Pistol


110.00


Amusement


198.00


Auto Dealers


40.00


Cabin, Motel & Occupancy


36.00


Shellfish


3,332.00


Common Victualler


86.00


Dog License Refund


1,281.83


Garbage


6.00


Junk


20.00


Methyl Alcohol


26.00


Milk, Cream & Oleo


105.00


Slaughtering


-0-


Theatre


60.00


Nursery


8.00


Tailings


-0


Auctioneer


2.00


Disability Recoveries


173.20


Agents & Vendors


68.00


Disposal Licenses


759.25


Plumbing


319.00


Rendering


10.00


Miscellaneous


21.21


15,873.46


Fines and Forfeits


839.00


General Government:


Executive Secretary :


Hannah C. Clarke Fund


25.78


Cranes Beach


6,437.35


Mrs. Wm. G. Brown Fund


197.79


Ipswich Housing


2,459.87


Post War Rehabilitation Fund


68.43


Town Farm Lease M.I.T.


1,875.00


Stabilization Fund


15.62


Town Property Rental


500.00


Ipswich High World War II Fund


8.79


Miscellaneous


1,555.00


Mark Newman Fund


630.90


John C. Kimball Fund


141.02


Dow Boulder Fund


7.25


State:


Public Welfare


410.61


Aid to Dependent Children


341.37


Old Age Assistance


64,461.70


Disability Assistance


7,342.89


Income Tax


86,632.88


Corporation Tax


36,954.85


Meals Tax


4,763.29


Lieu of Taxes


7,384.57


Vocational Education


2,109.66


Educational Transportation


16,104.78


Civic Education


280.00


School Aid


33,379.80


Special Education


9,076.99


Marine Fisheries


500.00


Aid to Highways


28,992.90


Veterans Services


-0-


Support Indigent Persons


581.89


Paraplegic Vets Reimbursement


979.80


300,297.98


County :


Other:


Feoffees of Grammar Schools


5,000.00


Old Age Recoveries


2,341.77


Veterans Benefits Recoveries 1,185.00


8,699.97


Trusts :


R.T.Crane Jr. Picnic Fund Expenses


1,410.87


Cemetery Perpetual Care 3,294.04


Martha I. Savory Fund


17.35


Eunice Caldwell Cowles Fund


632.48


Fanny L. Appleton Fountain Fund 41.08 Marianna T. Jones Fund 41.59


6,532.99


88


12,827.22


Aid to Highways


11,128.10


12,409.93


191,210.34


861,469.26


Grants and Gifts : Federal:


DETAILED STATEMENT OF CASH RECEIPTS -- (Continued )


Town Clerk:


Miscellaneous Fees


1,420.08 21.00


Cemeteries : Perpetual Care Annual Care


844.00


Foundations, etc.


425.15


Internment Removal, etc.


4,749.83


Sale of Lots


460.00


Treasurer :


Interest Costs


4,447.41


Tax Certificates


137.00


Tax Titles


45.00


Perpetual Care Income Used by Cemeteries


2,761.05


Electric Light Department:


Sales


492,115.03


Special Work


10,362.26


Ambulance


339.00


Bicycle Registration


42.00


10,743.26


Water Department:


Sales


86,321.51


Liens


5,245.19


Bounty on Seals (County Reimb)


-0-


Grounds & Buildings Spraying


71.30


Education :


Ipswich School Cafeteria


56,589.31


Miscellaneous


60.00


Slaughter Inspection


2,146.50


Rabies Clinic


95.25


2,529.75


Recreation :


Dancing Class Receipts


1,804.75


Use of Lighthouse


-0


Recreational Swimming


479.45


U. S. Treasury Bills


1,044,305.56


Sewing Class Receipts


8.75


Interest Treasury Bills


5,354.16


2,292.95


1,049,659.72


Refunds :


Treasurer-Collector


.20


Fire


54.60


Health


40.63


General Relief


64.01


Old Age Assistance


623.10


Veterans Services


276.00


Education


24.62


Recreation


34.00


Gasoline Excise Tax


18.15


Electric Light


500.61


Water


294.20


Cemeteries


2.65


Land Purchase


500.00


Deed Acceptances


4.00


Civilian Defense


47.00


Highway


53.90


Sewer Construction-Town


75.00


Welfare Adm. O. A. A.


22.50


A. D. C.


76.45


O. A. A. U. S. G.


136.20


D. A.


345.22


D. A. U. S. G.


500.00


3,693.04


Total Receipts


3,721,150.12


Agency :


Dog Licenses for County 1,805.50


Retirement System Deductions 24,887.11


Withholding Deductions (Fed) 114,770.12


Blue Cross


15,594.65


Withholding Deductions(State) 8,943.31


166,000.69


Highways :


Highway Machinery


1,540.25


Sidewalks


225.00


1,765.25


Premium on Loan


684.00


Loan


120,000.00


614,086.32


Weights and Measures Fees


36.90


91,566.70


Health and Sanitation:


Garbage


288.00


Athletic Receipts


2,563.95


59,213.26


Insurance Receipts :


316.19


Loans in Anticipation


100,000.00


3,435.00


Photostats


1,441.08


9,913.98


4,629.41


Protection of Persons and Property :


Police Department


Meter Dep. & Div.


1,287.29


89


BURLEY EDUCATION FUND


INVESTED FUNDS AS OF JANUARY 1, 1960:


Deposited in the Salem Savings Bank


$1,328.48


Deposited in the Salem Five Cents Savings Bank


1,178.99


Deposited in the Ipswich Savings Bank (Caldwell Fund)


2,346.01


Deposited in the Ipswich Savings Bank


2,097.45


Ipswich Co-operative Bank - Paid Up Certificate


1,000.00


$7,950.93


INCOME FROM FUNDS FOR THE YEAR 1959 AS FOLLOWS :


Interest - Salem Savings Bank


$ 43.71


Interest - Salem Five Cents Savings Bank


38.94


Interest - Ipswich Savings Bank (Caldwell Fund)


80.00


Interest - Ipswich Savings Bank


70.67


Dividend - Ipswich Co-operative Bank


32.52


265.84


EXPENDITURES :


Rent of Safe Deposit Box


$ 5.50


Net Income


$


260.34


Wilmont E. Hall, Treasurer


BROWN SCHOOL FUND


Balance 29th January 1959 Interest 7th January 1960 Salem Five Cent Savings Balance 9th January 1960


$2,195.70


75.03


$2,270.73


Balance 29th January 1959


$1,997.99


Interest 6th January 1960 Ipswich Savings Bank


70.51


Balance 9th January 1960


$2,068.50


J. Perry Smith, Treasurer


90


THE MANNING SCHOOL FUND


January 1, 1959 - Balance Income from interest and dividends U.S. Savings Bonds, series G, redeemed


$16,508.96 1,705.25


11,000.00


$29,214.21


LESS Disbursements,


Rent Safe Deposit Box 5,50


Advances on cost of installation of Marning Memorial Library in High School 2,813.18


2,818.68


Balance in Account #14,293 Ipswich Savings Bank


$26,395.53


Securities at book value


64 shares First National Bank of Boston


2,941.04


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


$6,600.00 bonds Peoria & Eastern Rwy.


6,600,00


Total Assets in fund


$39,236.57


THE R. H. MANNING FUND


January 1, 1959 - Balance


$17,876.02


Income from interest and dividends


713,66


Balance in Account #7884 Ipswich Savings Bank


$18,589.68


Securities at book value


10 shares Ipswich Co-operative Bank


2,000,00


Total Assets in fund


$20,589.68


Above reports submitted by M. Chas. Arthur, Treasurer


91


CONSOLIDATED STATEMENT OF TRUST FUNDS IN CUSTODY OF TOWN TREASURER


Name of fund


Balance Jan. 1, 1959


Bequests


Income


Withdrawls


Balance Dec. 31, 1959


Cemeteries


$95,182.28


$3,435.00


$3,294.04


$2,749.05


$99,162.27


Hannah C. Clarke


531.98


25.78


12.00


545.76


Appleton Memorial Fountain


1,092.07


41.08


1,133.15


Eunice Caldwell Cowles


10,043.83


332.48


300.00


10,076.31


Mrs. William G. Brown


2,594.44


89.69


108.10


2,576.03


Dow Boulder Memorial


205.94


7.25


.


213.19


Marianna T. Jones


1,178.21


41.59


1,219.80


John C. Kimball


600.36


21.18


119.84


501.70


Mark Newman Memorial


5,747.48


195.64


435.26


5,507.86


Martha I. Savory


110.28


17.35


427.63


Stabilization


442.82


15.62


458.44


Post War Rehabilitation


1,938.68


68.43


2,007.11


Details of the above Trust Funds are available at the Town Treasurer's Office.


Charles E. Goodhue, Jr.


George C. Parsons


Edward J. Marcorelle


Trust Fund Commissioners


Gladys M. Poole


Town Treasurer


92


IPSWICH PUBLIC LIBRARY


Trust Funds - 1959


Fund


Book Value


Market Value


Lower of Cost or Market


1959 Income


Treadwell


$16,114.19


$25,571.09


$15,569.01


$806.67


Heard


10,132.79


12,423.18


9,741.18


478.69


Lathrop


1,854.90


1,854.90


1,854.90


56.58


Spiller


1,812.05


1,748.30


1,748.30


59.36


Newman


3,004.40


2,945.65


2,945.65


86.39


Building


5,296.97


4.820.52


4.820.52


169,01


Total 1959


$38,215.30


$49,363.64


$36,679.56


$1,666.70


Total 1958


37,959.90


49,305.52


37,445.68


1,440.75


Increase or


255.40


ยข 58.12


$


(766.12)


$225.95


(Decrease)


FEOFFEES OF THE GRAMMAR SCHOOL


Financial Statement


Balance, January 1, 1959


$ 9,345.42


Income 1959


49.521.46


58,866.88


Expenditures


55.933.14


Balance, December 31, 1959


$ 2,933.74


Little Neck Valued at


Store Building


Cash on hand or in First National Bank, Ipswich


2,933.74


Deposited in Ipswich Savings Bank


2,911.43


Interest earned on same 1959


102.78


3,014.21


Deposited in Ipswich Savings Bank, Farm Account


6,546.39


Interest earned on same 1959


231.11


6,777.50


Cost


Present Value


54 shares First National Bank, Boston


2,685.38


5,130.00


100 shares Natl. Shawmut Bank, Boston


2,748.63


5,150.00


Ipswich Cooperative Bank, paid up share Certificate


2,000,00


2,000,00


7,434.01


12,280.00 12,280.00


$5,000. was paid to the Town for support of the schools.


The following taxes were paid to the Town:


Land


Assessed value


$17,000.00


$1,258.00


Store


Assessed value


6,000.00


444.00


Barn


Assessed value


300.00


22.20


Cottages


Assessed value


311,850.00


23,076.90*


$16,500.00 10,000.00


* - This amount was prepaid to the Town by the Feoffees and in turn collected from the individual owners of the cottages.


93


COMPARATIVE TAX STRUCTURE STATEMENT


1958 1959


A. Total appropriation to be raised by taxation.


1,279,762.73


1,376,643.23


Total appropriation to be taken from available funds :


182,311.13


130,707.64


1,462,073.86


1,507,350.87


B. State Requirement:


Parks & Reservations Audit


2,325.76


1,839.38


Underestimated Previous Years :


113.49


Mosquito Control


5,713.00


6,560.11


11,853.64


C. County Requirement :


Tax


30,471.09


34,173.18


T. B. Hospital


8,936.00


8,163.29


Underestimated T.B. Hospital


4,857.26


4,162.36


44,264.35


46,498.83


D. Overly


25,293.77


27,289.18


E. Gross amount to be raised


1,538,192.09


1,592,992.52


F. Estimated receipts & available funds :


State Income


111,998.77


131,203.00


Local Revenue


262,642.07


276,225.67


Water Revenue


85,823.00


72,894.00


Overestimates of previous years :


County Tax


State Parks


46.24


T. B. Hospital


665.87


1,071.57


Surplus Revenue


176, 311.13


120,707.64


Electric Light


16,200.00


15,000.00


Overlay Reserve Fund


6,000.00


10,000.00


Machinery Fund


Insurance Fund


659,640.84


627,148.12


G. Net amount to be raised by taxation:


Poll Tax


5,228.00


5,350.00


49,902.69


54,216.40


Personal Property Real Estate


823,420.56


906,278.00


878,551.25


965,844.40


Gross amount raised


1,538,192.09


1,592,992.52


H. Assessed Valuation: Real Estate Personal Property


11,933,625.00


723,225.00


12,217,000.00 732,654.00


12,656,850.00


12,979,654.00


4,120.86


4,301.26


Parks & Reservations Audit


County Tax


94


1958


1959


2,614


2,675


I. Tax Rate


$69.00


$74.00


STATEMENT OF 1959 ASSESSMENT


1959 Tax Rate


-$74.00 per 1000


Persons Assessed :


Personal Estate


705


Real Estate


2630


Personal and Real Estate I 1


1


1


384


Total


3719


Polls Assessed (Poll Tax) 2675


Valne of Assessed Personal Estate:


Stock in Trade


165,415.00


Machinery


129,600.00


Live Stock -


32,794.00


All other tangible Personal Property


404,845.00


Farm Animal Excise


56,825.00


Total


789,479.00


Value of Assessed Real Estate:


Land exclusive of buildings


2,153,830.00


Buildings exclusive of land


10,093,170.00


Total


12,247,000.00


Total Value of Assessed Personal


and Real Estate


12,979,654.00


Total Taxes Assessed for State, County and Town Purposes, including Overlay


965, 844.40


Farm Animal Excise


284.15


Number of Livestock Assessed:


Horses (1 year old, or over)-


65


Cows (Milch)


127


Swine


26


Sheep


109


Fowl


2975


All other


820


Number of Acres of Land Assessed


17730


Number of Dwelling Houses Assessed 2626


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1


I


1


966,128.55


95


No. of Polls


DETAILED STATEMENT OF DEPARTMENTAL ACCOUNTS


DEPARTMENT


OUTSTANDING JAN. 1, 1959


COMMITMENTS


COLLECTIONS


ABATEMENTS


OUTSTANDING DEC. 31, 1959


Cemetery


$1,742.00


$ 9,721.98


$ 9,913.98


$267.00


$ 1,283.00


Ambulance


570.00


496.00


339.00


727.00


Special Police


1,148.00


10,521.22


10,362.26


110.75


1,196.21


Town Property


616.66


3,405.00


3,930.00


91.66


Moth


132.78


71.30


25.00


36.48


Sidewalk


762.50


225.00


537.50


Health


136.16


3,093.00


2,434.50


794.66




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