Town annual report of Saugus 1939, Part 17

Author: Saugus (Mass.)
Publication date: 1939
Publisher: The Town
Number of Pages: 222


USA > Massachusetts > Essex County > Saugus > Town annual report of Saugus 1939 > Part 17


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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General Government


Expended 1937


Approp. 1938


Expended 1938


Requested 1939


Recommended 1939


1. Moderator


2.


Finance Committee


$390.20


$428.00


$423.02


$400.00


400.00


3. Planning Board


799.95


800.00


796.20


070.00


750.00)


Selectmen's Department


2,370.03


2,500.00


3,409.42


2,800.00


2,475.00


5.


Accountant's Department


4,372.50


4,000.00


4,000,00


4,850.00


4,750.00


G.


Treasurer's Department


5,520.00


5,550.00


5,588.12


5,653.00


6,375.00


8.


Tax Title Expense


2.153.90


2,500.00


3,223.70


3,300.00


2,500.00


y.


Assessors


0,718.89


9,725.00


10,004.15


10,982.(1)


9,000,00


10.


Registration of Town Notes


68.00


75.IN)


116.00


125.00


125.00


11.


Law Department


1,600.00


1,600.00


1,600.00


1,600.00


1,500.00


12.


Town Clerk's Department


960.15


972.00


1.268.96


972.00


025.00


13.


Election and Registration


4,603.29


4,900.00


7,332.57


6,569.00


5,000.00


14.


Town Hall Account


5,357.34


4,500.00


5.599.03


5,600.00


5,300.00


15. 16. 17.


Board of Appeals


299.90


300.00


298.06


350.00


285.00


18.


Engineering Department


3,750.00


4,000.00


4,000.00


4,550.00


4,000.00


Totals


$ G1,040.97


$ 61,650.00


$ 07,543.00


$ 71,216.00


$ 61,385.00


19.


Police Department


$ 33,016.28


$ 33,850.00


$ 33,827.80


$ 34,500.00


20.


Pensions


5,112.23


5,098.23


5,284.12


6,428.55


6,428.55


20a. Contributing Retirement Pension Fund


200.00 100.00


100.00


100.00


100.00)


100.00


22,


Firemen's Salaries


32,650.50


33,928.50


33,899.46


34,420.00


34.420.00


23.


Fire and Police Bldg. Maintenance


2,778.84


2,900.00


2,846,21


2,900.00


2,850.00


24.


Superintendent of Fire Alarms


2,639.36


2.000.00


2,036.42


3,372.00


2,300.00


25.


Fire Department Expense


8,565.59


7,500.00


6,973.56


8.040.00


7,125.00


26.


Forest Fire Warden


114.50


2001.00


145.31


300.00


200.00


27.


Superintendent of Buildings


1,049.43


1,050,00


1,060.73


1,800.00


1,050.00


28.


Sealer of Weights and Measures ..


1.850,90


1,800,00


1,009.11


1,000.00


1,860.00


29.


Gypsy Moth Department


4,999.98


5,000.00


4,08.53


5,000.00


5,000.00


30.


Tree Warden


1,105,08


800.00


1,672.36


2,150.00


1,000.00


31. Safety Committee


98.75


200.00


184.49


125.00


125.00


31a. Harbor Master


200.00


200.00


200.00


500.00


200.00


Totals


$ 94,580.44


$104,385.45


$104,886.82


$110,984.47


$10G,022.47


Education and Libraries


1937


1938


1938


1939


1939


32.


Schools


$211,000.00


$220.000.00


$219,652.16


$220,373.05


$228,500.00


33.


School House Repairs


4.702.91


7,850.00


7.682.28


5,000.010


5,000.00


34. Public Library Department


7,482.68


0,000.00


8,097.02


0,300.00


*6,600.00


Totals


$223,185.59


$236,850.00


$236,331.4G


$243,673.05


$240,100.00


"Plus $2,084,16 available from County Reimbursement for Dog Licenses.


Charities and Soldiers' Relief


Expended 1937


Approp. 1938


Expended 1938 $ 38,476.02


Requested 1939


Recommended 1939


35. Board of Welfare Temporary Aid


$ 30,775.72


$ 38,500).)[)


46.300,00


$ 40,000.00


35a. Old Age Assistance


21,406.90


45,000.00


36,231.42


45,000.00


40,000.00


35b. Aid to Dependent Children


3,183.84


7,000,00


5,393.20


6,000.00


5,750.00


36.


Infirmary


4,592.80


4,500.00


4.483.12


4,600.00


4.300.00


37.


State and Military Aid


3,380.00


3,500.00


3.000.00


4,000,00


3,500.00


38.


Soldiers' Relief


22,990.73


26,000.00


24,736.91


24,910.00


23.500.00


39.


Soldiers' Burial


200.00


100.00


100.00


100.00


Totals


$ 86,329.99


$124,700.00


$112,420.67


$130,916.00


$117,150.00


Ilighways, Fences and Bridges


Highways, Fences and Bridges .... 40.


$ 24,208.94


$ 20,000.00


$ 20,949.96


$ 20,250.00


İŞ 21,000,00


40a. Asphalt and Pea Stone Surface


5,000.00


5,000,00


4,009.97


5.000.00


5,000.00


Treatment


2,799.29


12.000.00


10,999.97


10.000.00


8,000.00


42.


Street Lighting


13,500.00


13,500.00


13,500.00


14,500.00


13,500.00


Totals


$ 45,593.23


$ 50,500.00


$ 50,440.00


$ 49,750.00


$ 47,500.00


¡Includes $1500.00 for Elm Street.


Enterprises and Cemeteries


43.


Water Purchase


$ 20,218.00


$ 20,000.00


$ 17,889.95


$ 20,000.00


$ 19,000.00


14.


Water Maintenance


19,800.00


20,000.00


20,200.00


19,800.00


19.000.00


45.


Water Extension


2,749.86


1,500.00


1,500.00


1,500.00


1.500.00


46.


Water Meters, Gates and Hydrants


1,549.53


1,450.00


1,450.00


1,950.00


1,750.00


47.


Cemetery


8,551.34


9,800.00


0,667.25


11,097.00


19,000.00


Totals


$ 52,868.73


$ 52,750.00


$ 50,707.20


$ 54,347.00


$ 50,250.00


¿Available plus $2,000 from Income from Perpetual Care Deposits.


Health and Sanitation


50.


Health Department


$ 13,362.31


Approp. 1988 $ 15,000.00 100,00


Expended 1938 $ 15,000.00 65. 25


Requested 1930 $ 16.144.00 100.00


$ 14,600.00 100.00


51.


Vital Statistics


71.50


52.


Inspector of Plumbing and Sanita- tion


1,025.00


1.025.00


1,025.00


1,800.00


1,800.00


53.


Inspector of Cattle


550.00


550,00


650,00


550,00


500.00


54.


Inspector of Milk


300.00


300.00


300.00


300.00


300.00


55.


Collection of Garbage


2,949.00


3,250.00


3,250.00


3,250.00


3,250.00


Totals


$ 18,257.81


$ 20,225.00


$ 20,190.25


$ 22,144.00


$ 20,550.00


56.


Memorial Day


S 465.00


S 500.00


S 400.76


S 500.00


$ 500.00


57.


Town Reports


1,385.10


1,650.00


1.753.14


1,350.00


1,350.00


58.


Insurance


8,645.58


11,079.37


11.642.87


15,041.61


14,379.11


59.


Playgrounds


5,490.10


3,200.00


3,195.62


2,826.00


2,500.00


GO.


Reserve Fund


(7,717.28)


6,000.00


(G,000.00)


6,000.00


6,000.00


G1.


Trade School Tuition


1,655.87


1,700.00


1,695.12


3,500.00


1,700.00


Totals


$ 17,641.65


$ 24,729.37


$ 18,786,51


$ 29,217.61


$ 26,429.11


62.


Interest on Temporary Loans


S 5,901.38


$ 10,000.00


S 6,016.31


$ 10,000.00


$ 10,000.00


63.


Interest School Loans


3,527.50


2,825.00


2,825.00


2,150.00


2,150.00


64.


Interest on Water Loans ...


788.75


1,052.75


1.052.75


787.50


787.50


65.


School House Loan Bonds


18,500.00


17,500.00


17,500.00


17,500.00


17,500.00


66.


Water Loan Bonds ....


2,500.00


10,000.00


10,000.00


9,000.00


9,000.00


67.


Welfare Loans, Notes and Bonds ..


20,000.00


25,000.00


25,000.00


14,000.00


14,000.00


68.


Interest on Welfare Notes


1,362.50


963.50


963.50


502.50


502.50


69.


Fire and Police Station Bonds


5,000.00


(§5,000.00)


(5,000.00)


167.71


167.71


70.


Interest on Fire and Police Station Bonds ..


2,275.00


2.112.50


3,112.50


1,950.00


1,950.00


71.


Inteerst on Sewer Loan


10,380.71


1+10,389.71


73.


Interest ou Municipal Relief Bonds


587.50


587.50


74.


Municipal Relief Bonds


Totals


$ 59,856.13


$ 71,833.75


$ 67,340.06


$ 83,122.30


$ 83,122.30


$659,358.54


$747,623.57


$728,655.87


$795,370.43


$752,508.88


Total Recommended $752,508.88


** $4,832.29 Transfer from Massachusetts P. W. A. Grant. ++$7,610.29 Transfer from Premium Account.


SFrom excess P. W. A. Grant.


EDWARD GIBBS, JR., Chairman BERTRAND D. WESTENDARP, Secretary CLARENCE O. MARTIN ANDREW B. BRITT ROSWELL W. ABBOTT


CHARLES H. MOORE


HOWARD E. HEATH


GEORGE E. MOOREHOUSE


1939


Interest and Maturing Debt


1937


Approp. 1038


1538


Requested 1938


Reconimended


Expended


2,380.00


1,870.00


9.087.38


0,087.38


72.


Sewer Bonds


7,000.00


7,000.00


Protection of Persons and Property


1937


Approp. 193


Expended 1938


0,008.72


8,863.92


8,8G3.92


21.


Constable


7,000.00


7,200.00


7,198.63


7,200.00


6,850.00


Removal of Ashes


1,485.00


5,000.00


5,000,00


7,695.00


6,000.00


Tax Collector's Department


7,590.92


7,600.00


1,505.24


7.600.00


7,200.00


Expended


Expended


Approp.


Expended


Requested


Recommended


11.


Snow and Ice


Expended


1937


Recommended 1939


Recreation and Unclassified


Expended


Requested 1930 $ 34,785.00


Recommended 1939


S 50.00


Public Works Department


9,698.72


TOWN OF SAUGUS, MASSACHUSETTS Balance Sheet As Of December 31, 1939


General Accounts


ASSETS


LIABILITIES AND RESERVES


Cash:


General:


In Banks and Office


$97,397.01


Special Deposit:


Surplus War Bonus Fund


7,280.00


Petty Cash Advance:


Tax Collector 100.00


$104,777.01


Accounts Receivable:


Taxes:


I'roperty 1934


$71.38


Property 1935


274.64


Property 1936


586.55


Polls 1936


54.00


Property 1937


667.00


Polls 1937


148.00


Property 1938


6,561.95


Polls 1938


542.00


Property 1939


393,798.29


Polls 1939


1,790.00


404,493.81


Motor Vehicle Excise Taxes:


Levy of 1934


$725.10


Levy of 1935


1,306.73


Levy of 1936


197.79


Lcvy of 1937


1,079.69


Levy of 1938


514.79


Levy of 1939


2,201.12


G,025.22


Revenue Reserved Until Collected: Motor Vehicle Excise Tax


$6,025.22


Gypsy Moth


717.59


Sidewalk 338.94


Tax Title


345,284.86


Levy of 1937


2.62


Levy of 1938


44.56


Levy of 1939


668.32


717.59


Sidewalks:


Levy of 1936


$23.48


Levy of 1937


30.56


Levy of 1939


285.94


339.98


Tax Titles and Possessions:


Met. Parks Loan Sinking Fund


1,515.37


Wellington Bridge Maint.


2.18


Abate Smoke Nuisance 2.19


Met. Nantasket Maint. 77.85


Veteran's Exemption


104.45


$1,930.05


Underestimates:


Met. Planning Division


$31.01


Care of Civil War Vets 77.00


West-Roxbury-Brookline


Parkway .05


DEDUCT $108.06


1,821.99


Appropriation Balances: Revenue:


Road Machinery


$80.49


Reconstruction-Hesper St. 1,713.96


Aid to Dependent Children- Administration only


28.10


December 1935


201.09


W. P. A. Projects


1.88


June 1936


183.54


Land Damages -- Woodbury Ave. and Hesper St. 596.00


June 1937


218.02


Land Taking-T. E. Berrett 1.00


December 1937


113.10


Water Survey


2,000.00


June 1938


176.32


December 1938


467.39


June 1939


4,651.96


December 1939


13,134.79


20,917.64


Liens:


1933 and Prior Years


$81.80


1935


3.13


1936


19.88


1937


69.24


1938


95.23


Payments and/or Abatements in Excess of Commitment Balances:


Property Taxes 1931 $220.92


Property Taxes 1932 44.45


Property Taxes 1933 226.53


Polls 1935 46.00


Sidewalks 1938 1.04


Water Liens 1934


Б.1Б


544.09


Overlay 1930


34.30


Overlay 1936


12.00


Overley 1938


2,510.59


Judgment-Winifred Pidgeon


400.00


2,992.74


Surplus Revenue


23,273.56


$912,144.22


$912,144.22


Deferred Revenue Accounts


Apportioned Sidewalk Assessments not due $647.67


Apportioned Sidewalk Revenue: Due in 1940


$522.27


Due in 1941


125.40


$647.67


$647.67


Debt Accounts


Net Funded or Fixed Debt


$968,190.73


Schoolhouse Loans


$42,500.00


Water Loans


27,000.00


Public Welfare Loans


19,000.00


Municipal Relief Loans


28,000.00


Fire and Police Station Loan


55,000.00


Sewer Loans


477,000.00


Tax Title Loans


319,690.73


$968,190.73


$968,190.73


Trust Funds


Trust Funds-Cash and Securities


$91,908.14 Cemetery Perpetual Care Funds


$84,555.43


Johnson Library Fund


5,125.00


Wilson Library Fund


2,227.71


$91,908.14


$91,908.14


Contributory Retirement System Funds


Retirement Funds-Cash and Securities


$24,519.22


Annuity Savings Fund


$12,234.66


Annuity Reserve Fund


23.22


Pension Accumulation Fund


11,701.25


Expense Fund


241.37


Undistributed Income


318.72


$24,519.22


Temporary Loans: In Anticipation of Taxes Surplus War Bonus Fund and Accumulations: Surplus War Bonus Fund $5,595.49


Accumulations 1,684.51


7,280.00


Reserve for Petty Cash to Collector 100.00


Sale of Cemetery Land Fund Reimbursement by County for Dog Licenses


125.91


Guarantee Deposits: Water Services


180.00


Library Trust Funds Income: Wilson Fund $71.60


Johnson Fund 363.71


425.31


Income from Perpetual Care Deposits


2,733.41


Premiums on Loans


13.60


Tailings ( Unclaimed Checks)


632.65


Overlay Surplus


(Chap. 59, Sec. 25) 15,304.07


Overlays Reserved for Abatements: Levy of 1937 $207.02


Levy of 1939 6,320.27


6,527.29


Reserve for Appellate Board Judgments 975.19


Special Assessments:


Cypsy Moth:


Levy of 1935


$.80


Levy of 1936


1.29


Tax Possession


5,281.29


Departmental


19,238.59


Water


20,917.64


Water Lien


1,987.96


399,792.09


Overestimates and Underestimates of St:te Taxes and Assessments: Overestimates: Charles River Basin Loan Fund $228.01


Tax Titles


$345,284.86


Tax Possessions


5,281.29


350,566.15


Departmental :


Temporary Aid


$14,534.11


Mother's Aid


2.692.28


Old Age Assistance


2,012.20


19,238.59


Water:


Rates:


December 1931


$.09


June 1932


486.33


December 1932


253.21


June 1933


256.33


December 1933


61.84


June 1934


130.55


December 1934


295.37


June 1035


140.82


December 1936


146.89


Wall and Fence-Old Parish Cemetery 246.83


Sewerage Commission 1,447.98


6,116.24


Non-Revenue: Sewers (W. P. A. Project No. 16218) $16,614.93


P. W. A. Docket No. 1422-F


(Sewers) 25,698.39


42,313.32


Walter A. Wilson, former Collector: Unidentified Cash


82.38


Unprovided For or Overdrawn Accounts:


Overlay 1929


$35.85


1939


1,723.83


1,993.11


$400,000.00


3,985.50


$24,519.22


RALPH QUIRK, Town Accountant.


1939]


Transfers


From Reserve Fund


To Selectmen


$700.00


Tax Title Expense


750.00


Town Clerk


18.00


Election and Registration


1,840.00


Town Hall


25.00


Fire and Police Building Maintenance


1,055.00


Fire Alarm Division


75.00


Building Inspection


50.00


Gypsy Moth


373.00


Tree Warden


81.00


Public Welfare-Unpaid Bills


20.00


Infirmary


800.00


Trade School Tuition


30.75


Insurance


505.37


Water Purchase


235.80


Legal Expense-Illegal Excavation 500.00


7,058.92


From Other Sources:


To Law Department


$800.00


Storm Damage Emergency


3,154.66


787 Broadway Water Emergency


1,200.00


Health


3,300.00


Sewers (WPA Project


No. 16218)


1,359.15


Chap. 500, Essex, Elm and School Streets


850.00


Chap. 90, Woodbury Ave .- Hesper St.


3,500.00


O. A. A .- Aid


4,000.00


Trade School Tuition


1,800.00


Library


2,084.16


Land Taking-T. E. Berrett Cemetery


1.00


2,000.00


Rebuild Wall and Fence Old Parish Cemetery


950.00


Sidewalk Construction Old Parish Cemetery 450.00


Fire and Police Building Loan


4,832.29


Sewer Bonds


7,610.29


Sale of Cemetery Land Fund


649.13


Overlay Surplus


37.87


Reimbursement by County


for Dog Licenses 125.91


38,704.46


Total Transfers


45,763.38


Total Cash Expenditures and Transfers Cash on Hand, December 31, 1939


$2,246,467.89


97,397.01


Total


$2,343,864.90


161


REPORT OF TOWN ACCOUNTANT


162


TOWN DOCUMENTS


[Dcc. 31/


Recapitulation of Receipts and Expenditures


Cash Balance, January 1, 1939 Receipts :


$513,119.45


General Revenue


765,615.80


Commercial Revenue


1,017,390.87


Refunds


1,975.00


Transfers


45,763.38


Total Receipts and Transfers


$2,343,864.00


Expenditures:


General Government


$62,575.48


Protection of Persons and Property


91,048.52


Health and Sanitation


534,964.02


Highways and Bridges


64,428.06


Charities, Soldiers' Benefits and W. P. A.


203,705.92


Education and Libraries


245,568.74


Recreation and Unclassified


40,614.88


Enterprise and Cemeteries


54,434.51


Interest and Maturing Debt


811,278.03


Agency and Trust


86,490.53


Refunds


7,595.82


Transfers


45,763.38


Total Expenditures and Transfers 2,246,467.89


Cash on Hand, December 31, 1939


$97,397.01


Outstanding Bonds and Notes, Dec. 31, 1939


1914 Water Loan Coupon Bonds, Issued Under Chapter 133, Acts of 1911


Payable at First National Bank of Boston, Mass.


No. 26. Due May 1, 1940, at 412 per cent $1,000.00


No. 27. Due May 1, 1941, at 41/2 per cent 1,000.00·


No. 28. Due May 1, 1942, at 41/2 per cent 1,000.00;


$3,000.00


1937 Water Loan Bonds, Issued on April 15, 1937


Payable at National Shawmut Bank of Boston, Mass.


No. 3. Due April 15, 1940, at 214 per cent $8,000.00


No. 4. Due April 15, 1941, at 214 per cent 8,000.00


No. 5. Due April 15, 1942, at 21/4 per cent 8,000.00-


$24,000.00*


1922 Schoolhouse Loan Bonds Payable at First National Bank of Boston, Mass.


No. 18. Due May 1, 1940, at 4 per cent $2,500.00*


No. 19. Due May 1, 1941, at 4 per cent 2,500.00·


No. 20. Due May 1, 1942, at 4 per cent 2,500.00


$7,500.00


163


REPORT OF TOWN ACCOUNTANT


1939]


1925 Schoolhouse Loan Bonds Payable at First National Bank of Boston, Mass. 'No. 15. Due May 1, 1940, at 4 per cent $5,000.00


1932 Schoolhouse Loan Bonds


Payable at National Shawmut Bank of Boston, Mass.


No. 8. Due October 1, 1940, at 334 per cent $10,000.00


No. 9. Due October 1, 1941, at 34 per cent 10,000.00


No. 10. Due October 1, 1942, at 34 per cent 10,000.00


$30,000.00


1935 Public Welfare Loan Bonds Payable at National Shawmut Bank of Boston, Mass. "Nos. 37-45. Due October 1, 1940, at 134 per cent. $9,000.00


1936 Public Welfare Loan Bonds Payable at National Shawmut Bank of Boston, Mass.


No. 4. Due October 11, 1940, at 11/4 per cent $5,000.00


No. 5. Due October 1, 1941, at 11/4 per cent 5,000.00


$10,000.00


1938 Municipal Relief Loan Notes, Issued under Chapter 38, Acts of 1938, August 1, 1938


Registered and Payable to Commonwealth of Massachusetts


Nos. 567-571. Due August 1, 1940, at 11/4 per cent $5,000.00


Nos. 572-576. Due August 1, 1941, at 11/4 per cent 5,000.00


.Nos. 577-581. Due August 1, 1942, at 11/4 per cent 5,000.00


$15,000.00


1938 Municipal Relief Loan Notes, Issued Under Chapter 58, Acts of 1938, November 15, 1938


Payable at National Shawmut Bank of Boston, Mass.


Nos. 586-587. Due November 15, 1940, at 214 per cent $2,000.00


`Nos. 588-589. Due November 15, 1941, at 214 per cent 2,000.00


Nos. 590-591. Due November 15, 1942, at 214 per cent 2,000.00


Nos. 592-593. Due November 15, 1943, at 214 per cent 2,000.00


.No. 594. Due November 15, 1944, at 214 per cent 1,000.00


.No. 595. Due November 15, 1945, at 214 per cent 1,000.00


No. 596. Due November 15, 1946, at 214 per cent 1,000.00


"No. 597. Due November 15, 1947, at 214 per cent 1,000.00


.No. 598. Due November 15, 1948, at 21/4 per cent


1,000.00


$13,000.00


1934 Fire and Police Station Loan Bonds, Issued December 1, 1934 Payable at National Shawmut Bank of Boston, Mass.


"The following Bonds are registered and payable to the Commonwealth .of Massachusetts: Nos. 31 to 56 inclusive, and Nos. 59 to 62 inclusive. Nos. 26-30. Due December 1, 1940, at 31/4 per cent $5,000.00


Nos. 31-35. Due December 1, 1941, at 314 per cent


5,000.00


Nos. 36-40. Due December 1, 1942, at 314 per cent 5,000.00


Nos. 41-45. Due December 1, 1943, at 31/4 per cent 5,000.00


Nos. 46-50. Due December 1, 1944, at 314 per cent 5,000.00


Nos. 51-53. Due December 1, 1945, at 314 per cent 3,000.00


Nos. 54-56. Due December 1, 1946, at 314 per cent


3,000.00


164


TOWN DOCUMENTS


[DO .. 3P


Nos. 57-59. Due December 1, 1947, at 31/4 per cent


3,000.00


Nos. 60-62. Due December 1, 1948, at 314 per cent


3,000.00*


Nos. 63-65. Due December 1, 1949, at 314 per cent


3,000.00


Nos. 66-68. Due December 1, 1950, at 314 per cent


3,000.00


Nos. 69-71.


Due December 1, 1951, at 314 per cent


3,000.00


Nos. 72-74. Due December 1. 1952, at 314 per cent


3,000.00


Nos. 75-77. Due December 1, 1953, at 31/4 per cent


3,000.00


Nos. 78-80.


Due December 1, 1954, at 31/4 per cent


3,000.001


$55,000.00.


1938 Sewer Loan Bonds, Issued May 1, 1938 (W. P. A. Project No. 16218-Saugus, Mass.) Payable at National Shawmut Bank of Boston, Mass.


Nos. 7-12. Due May 1, 1940, at 234 per cent


$6,000.00


Nos. 13-18.


Due May 1, 1941, at 234 per cent


6,000.00


Nos. 19-24. Due May 1, 1942, at 234 per cent


6,000.00


Nos. 25-30.


Due May 1, 1943, at 234 per cent


6,000.00


Nos. 31-36.


Due May 1, 1944, at 234 per cent


6,000.00


Nos. 37-42.


Due May 1, 1945, at 234 per cent


6,000.00


Nos. 43-48. Due May 1, 1946, at 234 per cent


6,000.00


Nos. 49-54.


Due May 1, 1947, at 234 per cent


6,000.00


Nos. 55-60.


Due May 1, 1948, at 234 per cent


6,000.00


Nos. 61-66.


Due May 1, 1949, at 234 per cent


6,000.00


Nos. 67-71.


Due May 1, 1950, at 234 per cent


5,000.00'


Nos. 72-76.


Due May 1, 1951, at 234


per cent 5,000.00


Nos. 77-81.


Due May 1, 1952, at 234 per cent


5,000.00


Nos. 82-86.


Due May 1, 1953, at 234 per cent


5,000.00-


Nos. 87-91.


Due May 1, 1954, at 234 per cent


5,000.00'


Nos. 92-96.


Due May 1, 1955, at 234 per cent


5,000.00·


Nos. 97-101.


Due May 1, 1956, at 234 per cent


5,000.00


Nos. 102-106. Due May 1, 1957, at 234 per cent


5,000.00


Nos. 112-116. Due May 1, 1959, at 234 per cent


5,000.00:


Nos. 117-121. Due May 1, 1960, at 234 per cent


5,000.00


Nos. 122-126. Due May 1, 1961, at 234 per cent


5,000.00 ·


Nos. 127-131. Due May 1, 1962, at 234 per cent


5,000.00


Nos. 132-136. Due May 1, 1963, at 234 per cent


5,000.00'


$130,000.00:


1938 Sewer Loan Bonds Issued September 1, 1938 (P. W. A. Docket No. 1422F)


Payable at National Shawmut Bank of Boston, Mass.


Nos. 13-24. Due September 1, 1940, at 234 per cent $12,000.00*


Nos. 25-26. Due September 1, 1941, at 234 per cent 12,000.00


Nos. 37-48. Due September 1, 1942, at 234 per cent 12,000.00


Nos. 49-60. Due September 1, 1943, at 234 per cent


12,000.00


Registered and Payable to Commonwealth of Massachusetts


Nos. 61-72. Due September 1, 1944, at 234 per cent 12,000.00·


Nos. 73-84. Due September 1, 1945, at 234 per cent 12,000.00


Nos. 85-96. Due September 1, 1946, at 234 per cent


12,000.00-


Nos. 97-108. Due September 1, 1947, at 234 per cent.


12,000.00·


Nos. 109-120. Due September 1, 1948, at 234 per cent.


12,000.00-


Nos. 121-132. Due September 1, 1949, at 234 per cent


12,000.00-


Payable at National Shawmut Bank of Boston, Mass.


Nos. 133-144. Due September 1, 1950, at 234 per cent 12,000.00


Nos. 145-156. Due September 1, 1951, at 234 per cent 12,000.00


Nos. 157-168. Due September 1, 1952, at 234 per cent


12,000.00.


Nos. 107-111. Due May 1, 1958, at 234 per cent


5,000.00


1939]


REPORT OF TOWN ACCOUNTANT


165


Nos. 169-180. Due September 1, 1953, at 234 per cent 12,000.00


Nos. 181-192. Due September 1, 1954, at 234 per cent 12,000.00


Nos. 193-204. Due September 1, 1955, at 234 per cent 12,000.00


Nos. 205-216. Due September 1, 1956, at 234 per cent 12,000.00


Nos. 217-228. Due September 1, 1957, at 234 per cent


12,000.00


Nos. 229-240. Due September 1, 1958, at 234 per cent 12,000.00


Nos. 241-252. Due September 1, 1959, at 234 per cent


12,000.00


Nos. 253-264. Due September 1, 1960, at 234 per cent


12,000.00


Nos. 265-276. Due September 1, 1961, at 234 per cent


12,000.00


Nos. 277-288. Due September 1, 1962, at 234 per cent


12,000.00


Nos. 289-300. Due September 1, 1963, at 234 per cent 12,000.00


Nos. 301-312. Due September 1, 1964, at 234 per cent


12,000.00


Nos. 313-324. Due September 1, 1965, at 234 per cent 12,000.00


Nos. 325-336. Due September 1, 1966, at 234 per cent 12,000.00


Nos. 337-348. Due September 1, 1967, at 234 per cent 12,000.00


Nos. 349-359. Due September 1, 1968, at 234 per cent


11,000.00


$347,000.00


Tax Title Notes


Payable to the Commonwealth of Massachusetts


No. 626. Due July 26, 1940, at 1 per cent ........ $75,000.00


No. 631. Due October 16, 1940, at 1 per cent 75,000.00


No. 632. Due October 19, 1940, at 1 per cent 69,690.73


No. 633. Due October 31, 1940, at 1 per cent 75,000.00


No. 634. Due December 4, 1940, at 1 per cent 25,000.00


$319,690.73


Outstanding Temporary Loans in Anticipation of Taxes. No. 612. First National Bank of Boston, Mass., at .64 $25,000.00.


Due April 18, 1940. Dated April 24, 1939.


No. 613. First National Bank of Boston, Mass., at .64 25,000.00'


Due April 18, 1940. Dated April 24, 1939.


No. 614. First National Bank of Boston, Mass., at .69 25,000:00'


Due April 18, 1940. Dated May 8, 1939.


. No. 615. First National Bank of Boston, Mass., at .69 25,000.00


Due May 3, 1940. Dated May 8, 1939


No. 616. First National Bank of Boston, Mass., at .69 25,000.00


Due May 3, 1940. Dated May 8, 1939


No. 617. First National Bank of Boston, Mass., at .69 Due May 3, 1940. Dated May 8, 1939


25,000:00


No. 618. National Shawmut Bank of Boston, Mass., åt .62 50,000:00


Due June 7, 1940. Dated June 12, 1939.


No. 619. National Shawmut Bank of Boston, Mass., at .62 25,000:00+


Due June 7, 1940. Dated June 12, 1939.


No. 620. National Shawmut Bank of Boston, Mass., at .62 25,000.00


Due June 7, 1940. Dated June 12, 1939.


No. 622. National Shawmut Bank of Boston, Mass., at .62 25,000.00)


Due July 3, 1940. Dated July 5, 1939.


166


TOWN DOCUMENTS


[Dec. 31


No. 623. National Shawmut Bank of Boston, Mass., at .62 25,000.00


Due July 3, 1940. Dated July 5, 1939.


No. 624. National Shawmut Bank of Boston, Mass., at .62 25,000.00


Due July 3, 1940. Dated July 5, 1939.


No. 625. National Shawmut Bank of Boston, Mass., at .62 25,000.00


Due July 3, 1940. Dated July 5, 1939.


No. 627. First National Bank of Boston, Mass., at .90 25,000.00


Due Aug. 23, 1940. Dated Aug. 28, 1939.


No. 628. First National Bank of Boston, Mass., at .90 25,000.00 Due Aug. 23, 1940. Dated Aug. 28, 1939.


Total


$400,000.00


Statement of Total Bonded Debt


1914 Water Loan


$3,000.00


1939 Water Loan 24,000.00


Total Water Loans


$27,000.00


1922 Schoolhouse Loan


$7,500.00


1925 Schoolhouse Loans


5,0000.00


1932 Schoolhouse Loan


30,000.00


Total Schoolhouse Loans


$42,500.00


1935 Public Welfare Loans


$9,000.00


1936 Public Welfare Loan


10,000.00


Total Public Welfare Loans


$19,000.00


1938 Municipal Relief Loan (Aug.)


$15,000.00


1938 Municipal Relief Loan (Nov.) 13,000.00


Total Municipal Relief Loans


$28,000.00


1934 Fire and Police Station Loan


$55,000.00


1938 Sewer Loan (May) $130,000.00


1938 Sewer Loan (September) $347,000.00


Total Sewer Loans


$477,000.00


Total Bonded Indebtedness


$648,500.00


State of Other Indebtedness Outstanding December 31, 1939 Tax Title Loans


Year of Loan:


1933


$165,000.00


1934


80,000.00


1935


82,600.00


1936


157,000.00


1937


75,000.00


1938


75,000.00


1939


100,000.00


Total Loans


$734,600.00


1939]


REPORT OF TOWN ACCOUNTANT


167


Less -


Repaid 1933


$34,424.40


Repaid 1934


61,804.28


Repaid 1935


70,261.48


Repaid 1936


70,032.46


Repaid 1937


66,851.20


Repaid 1938


57,741.78


Repaid 1939


53,793.67


Total Payments


$414,909.27


Total Outstanding "ax Title Loans, Dec. 31, 1939 $319,690.73


Recapitulation of Town Indebtedness


Total Bonded Indebtedness


$648,500.00


Total Tax Title Loans


319,690.73


Net Funded or Fixed Debt


$968,190.73


Total Temporary Loans


400,000.00


Total Town Indebtedness


$1,368,190.73


168


TOWN DOCUMENTS


[Dec. 31


To the Citizens of Saugus, Mass .:


I hereby submit the annual report of the Collector of Taxes, Viola G. Wilson, Collector, in account with the Town of Saugus:


Dr.


To Tax of 1939, committed October 9, 1939 and December 20, 1939 To Interest Collected


$814,462.92 430.27


$814,893.19


By 1939 Tax paid Treasurer


$407,993.24


By Abatements




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