USA > Massachusetts > Essex County > Swampscott > Town annual report of Swampscott 1949 > 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).
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14
Article 3. To see if the town will vote to authorize the committee appointed by the moderator under Article 31 of the Annual Town Meeting to engage an architect to make studies and plans to remodel, rebuild or renovate the Clarke School and raise and appropriate the necessary money therefor from available funds, or take any action relative thereto. Sponsored by the Committee to Study the School Building Needs of the Town of Swampscott.
Article 4. To see if the town will vote to install an automatic fire alarm system in the High School Building under the supervision of the Board of Fire Engineers and raise and appropriate the nec- essary money therefor or take any action relative therto. Sponsored by the School Committee and the Board of Fire Engineers.
Article 5. To see if the Town will raise and appropriate the sum of ten thousand dollars ($10,000) for a Scholarship Fund as a memorial to the Veterans of World War II under the provisions of Chapter 119 of the Acts of 1949 and establish a Board of Trustees to be appointed by the Selectmen to administer said fund and estab- lish rules and regulations covering the awarding of scholarships from the income of said fund, or take any action relative thereto. Spon- sored by the World War II Memorial Committee and the Board of Selectmen.
Article 6 To see if the town will vote to accept that portion of Hawthorne Road and a portion of Estabrook Road not now accepted as a public way, as laid out by the Selectmen in accordance with the plans drawn by Howard L. Hamill, Town Engineer, on condition that all abutters sign the necessary waivers. Petitioned for by Frederick S. Brennan et al.
Article 7. To see if the town will vote to raise and appropriate the sum of four hundred fifty dollars $450. to repair the clock, bell and tower of the old Town Hall or take any action relative thereto. Sponsored by the Board of Selectmen.
Article 8. To see if the town will raise and appropriate the
56
TOWN DOCUMENTS
[Dec. 31,
sum of eight hundred dollars ($800) for painting and repairing the gutters in the Administration Building or take any action relative thereto. Sponsored by the Board of Selectmen.
Article 9. To see if the town will raise and appropriate a sum of money for out-of-state travel for the Chief of Police or take any action relative thereto. Sponsored by the Board of Selectmen.
Article 10. To see if the town will raise and appropriate a sum of money for out-of-state travel for the Chief of the Fire Department or take any action relative thereto. Sponsored by the Board of Fire Engineers.
Article 11. To see if the town will vote to accept Section 85E of Chapter 32 of the General Laws as inserted by Chapter 576 of the Acts of 1946, which provides for the retirement of permanent mem- bers of the Police and Fire Departments on attaining the age of sixty-five years. Sponsored by the Board of Selectmen.
Article 12. To see if the town will raise and appropriate a sum of money from available funds for pensions and compensation. Spon- sored by the Board of Selectmen.
Article 13. To see if the Town will vote to extend the sewer in Sherwood Road for a distance of approximately three hundred (300) feet, taking the necessary easements and raise and appropriate money for the same. Sponsored by the Board of Health and Water & Sewerage Board.
Article 14. To see if the town will vote to extend the sewer in Charlotte Road for a distance of approximately two hundred (200) feet, taking the necessary easements and appropriate money for the same. Sponsored by the Board of Health and Water & Sewerage Board.
Article 15. To see if the town will vote to construct a sewer in Muriel Road for a distance of approximately four hundred fifty (450) linear feet, taking the necessary easements and raise and appropriate money for the same. Sponsored by the Board of Health and Water & Sewerage Board.
Article 16. To see if the town will vote to extend the sewer in Eureka Avenue for a distance of approximately forty-five (45) feet, and raise and appropriate the necessary money for same. Sponsored by the Board of Health and Water & Sewerage Board.
Article 17. To see if the town will vote to amend Chapter XI, Article II, section 1 of the By-Laws of the Town of Swampscott by adding at the end of said section 1 the following paragraph:
Upon completion of the foundation the person or persons holding a building permit shall submit a certificate to the Building Inspector, prepared by a Registered Land Surveyor, certifying the location of the foundation complies with the existing Zoning By-Laws and Build- ing By-Laws of the Town of Swampscott. Sponsored by the Board of Selectmen and the Building Inspector.
Article 18. To see if the town will vote to amend Chapter IX of the By-Laws of the town of Swampscott by inserting therein the following section:
17. No person shall, except in the performance of duty re- quired by law, discharge any air gun, gun, pistol, or other firearm in or upon any public or private way, lane, alley, public place, beach or wharf, or within 50 rods thereof, or within 50 rods of any building or structure in the town of Swampscott. Whoever violates the pro-
57
RECORDS OF THE TOWN CLERK
1949 ]
visions of section 17 shall be punished by a fine of not more than twenty dollars ($20) for each offense. Sponsored by the Board of Selectmen.
Article 19. To see if the town will authorize the Board of Park Commissioners to complete the athletic field at Phillips Park by the installation of a water system, backstop, clay, sod and other neces- sary materials and raise and appropriate the necessary money there- for or take any action relative thereto. Sponsored by the Park De- partment.
Article 20. To see if the town will authorize the Board of Park Commissioners to construct an outdoor basketball court on Jackson Park, Phillips Park and Abbott Park and raise and appropriate the necessary money therefor or take any action relative thereto. Spon- sored by the Park Department.
Article 21. To see if the town will vote to accept the provisions of General Laws, Chapter 48, Sections 42, 43 and 44 which are here- inafter set forth establishing a fire department to be under the con- trol of an officer to be known as the Chief of the Fire Department.
General Laws, Chapter 48, Sections 42, 43 and 44 provide as follows:
Section 42. Towns accepting the provisions of this and the two following sections or which have accepted corresponding provisions of earlier laws may establish a fire department to be under the con- trol of an officer to be known as the chief of the fire department. The chief shall be appointed by the selectmen, and shall receive such sal- ary as the selectmen may from time to time determine, not exceeding in the aggregate the amount annually appropriated therefor. He may be removed for cause by the selectmen at any time after a hearing. He shall have charge of extinguishing fires in the town and the pro- tection of life and property in case of fire. He shall purchase subject to the approval of the selectmen and keep in repair all property and apparatus used for and by the fire department. He shall have and exercise all the powers and discharge all the duties conferred or im- posed by statute upon engineers in towns except as herein provided, and shall appoint a deputy chief and such officers and firemen as he may think necessary, and may remove the same at any time for cause and after a hearing. He shall have full and absolute authority in the administration of the department, shall make all rules and regulations for its operation, shall report to the selectmen from time to time as they may require, and shall annually report to the town the condition of the department with his recommendations thereon; he shall fix the compensation of the permanent and call members of the fire department subject to the approval of the selectmen. In the expenditure of money the chief shall be subject to such further limi- tations as the town may from time to time prescribe.
Section 43. Chief to Act as Forest Warden. The chief of the fire department shall act as forest warden in all towns, and shall have authority to appoint deputy wardens and fix their compensation sub- ject to the approval of the selectmen.
Section 44. Effect of Two Preceding Sections on Firemen under Civil Service. The two preceding sections shall not affect the tenure of office nor apply to the removal of permanent and call members of fire departments in towns which have accepted chapter thirty-one or corresponding provisions of earlier laws. Said sections shall not apply to cities. Sponsored by the Board of Selectmen.
And you are directed to serve this Warrant by posting an attes- ted copy thereof at the Town Administration Building, Post Office and in at least two public and conspicuous places in each precinct in
58
TOWN DOCUMENTS
[Dec. 31,
the Town and at or in the immediate vicinity of each railrod station in the Town not less than seven days before the day appointed for said meeting.
HEREOF FAIL NOT, and make due return of this Warrant, with your doings thereon, to the Town Clerk at the time and place of meeting aforesaid.
Given under our hands this nineteenth day of May, A. D., 1949.
EDGAR U. BURDETT KENNETH W. ULMAN FREDERICK R. CHAMPION Selectmen of Swampscott
A true copy.
Attest.
LEONARD H. BATES, Constable.
RETURN ON THE WARRANT
Pursuant to the within warrant to me directed, I have notified the legal voters of Swampscott, by posting attested copies of said warrant at the Town Hall, Post Offices, at least two public and con- spicuous places in each precinct in the town, and at or in the immed- iate vicinity of each railroad station in Swampscott on Friday, May 27, the posting of said notices being seven days before the time of said meeting.
LEONARD H. BATES, Constable.
The warrants for the Special Town Meeting were mailed to the Town Meeting Members on Tuesday, May 31, 1949.
Attest:
MALCOLM F. MacLEAN, JR., Town Clerk.
Special Town Meeting TUESDAY, JUNE 7, 1949
In accordance with the warrant the town meeting members assembled at the Hadley School Hall, and were called to order by the Moderator, Vincent P. O'Brien at 8:00 P.M. the necessary quo- rum being present (98).
The warrant with the return thereon was read by the Town Clerk, Malcolm F. MacLean, Jr.
New members were sworn in by the Town Clerk, Malcolm F. MacLean, Jr.
Voted: To receive the report of the committee appointed to study School needs.
Voted: To dispense with the reading of Article 1.
Voted: Article 1. To accept the report of the Finance Commit- tee as amended, and adopt their recommendations as follows:
That the Committee be continued for a further report to the next regular or special Town Meeting and we further recommend that $1500 be appropriated from Available Funds for the use of this Committee in obtaining expert and technical advice.
59
RECORDS OF THE TOWN CLERK
1949]
Voted: Article 2. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That the Town make the necessary repairs and alterations to the Hadley School to comply with the recommendations of the Massa- chusetts Department of Public Safety and that the sum of $4000 be appropriated from the Excess and Deficiency Fund therefor.
Voted: Article 3. That action on this Article be indefinitely postponed.
Voted: Article 4. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That action on this Article be indefinitely postponed.
Voted: Article 5. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That action on this Article be deferred to the 1950 Annual Town Meeting.
Voted: Article 6. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That the Town accept that portion of Hawthorne Road and a portion of Estabrook Road not now accepted as a public way, as laid out by the Selectmen in accordance with plans drawn by Howard L. Hamill, Town Engineer, on condition that all abutters sign the neces- sary waivers and that the sum of $1800 be appropriated from the Excess and Deficiency Fund therefor.
Voted: Article 7. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That action on this Article be indefinitely postponed
Voted: Article 8. To accept the report of the Finance Commit- tee and adopt their recommendations as follows:
That action on this Article be indefinitely postponed.
The question of a quorum present was raised and after a count it was determined that a quorum was lacking, there being only 90 Town Meeting Members in the hall.
It was voted to adjourn to the next Annual Town Meeting at 7:40 P.M.
Adjourned at 9:40 P.M.
Attest :
MALCOLM F. MacLEAN, JR., Town Clerk.
June 25, 1949
On the above date William H. McCarthy submitted his written resignation as a member of the Post Office Procurement Committee.
Attest : MALCOLM F. MacLEAN, JR., Town Clerk.
June 13, 1949
On the above date notice was received of the approval of the Attorney General of the By-Laws adopted by the Town of Swamp- scott, namely, Articles 60 & 62 of the warrant for the Adjourned Annual Town Meeting held March 29, 1949.
Attest: MALCOLM F. MacLEAN, JR., Town Clerk.
July 14, 1949
The above By-Laws were published in accordance with Section 32 of Chapter 40 in the Lynn Daily Evening Item and the Lynn Tele- gram News, July 11, 12 & 13, 1949.
Attest :
MALCOLM F. MacLEAN, JR., Town Clerk.
60
TOWN DOCUMENTS
[Dec. 31,
October 10, 1949
On the above date notice was received of the approval of the Attorney General of the By-Law adopted by the Town of Swamp- scott, namely, Article 57 of the warrant for the Adjourned Annual Town Meeting held March 29, 1949.
Attest :
MALCOLM F. MacLEAN, JR., Town Clerk.
October 18, 1949
The above By-Law was published by posting copies of the ar- ticle in public places in each precinct of the Town on October 17, 1949.
Attest :
MALCOLM F. MacLEAN, JR., Town Clerk.
Town Clerk
To the Citizens of Swampscott:
I herewith submit the following report for the year ending December 31, 1949:
Births recorded, 184: Males-92; Females-92
January 14 April 18 July 11 October 13
February 13 May 20 August 12 November .. 19
March 18 June
15 September 17 December 14
Marriages recorded -149
January 6 April 9 July 11 October 14
February 11 May 14 August
17 November 12
March 3 June
19 September 25 December 8
Deaths recorded. 138: Males 66, Females-72
January 13 April 11 July 11 October 16
February 10 May 11 August 9 November 7
March 6 June 16 September 14 December 14
Dogs licensed, 601: Males-323; Females-46: Spayed-229: Military-1; Transfers-2.
MONEY PAID TO THE TOWN TREASURER
Resident citizen fishing licenses
108
@ $2.00
Resident citizen hunting licenses
140
a
2.00
Resident citizen sporting licenses
55
@ 3.25
Resident citizen minor & female fishing licenses
27
@ 1.25
Resident citizen trapping licenses
1
@
5.25
Resident citizen minor trapping licenses
0
@
2.25
Resident citizen sporting licenses
6
@
Free
Resident citizen military & naval sporting licenses
1
@
Free
Resident citizen fishing licenses, O. A. A.
3
Free
Duplicate licenses
2
.50
Money paid to the Commissioner of Fisheries & Game.
MALCOLM F. MacLEAN, JR., Town Clerk.
61
COLLECTOR OF TAXES
1949]
Collector of Taxes
Malcolm F. MacLean, Jr., Collector of Taxes, in account with the Town of Swampscott 1949
Dr.
Real Estate Taxes
$970,151.97
Real Estate Taxes (supplementary)
2,984.84
Sewer Assessments
2,608.75
Sidewalk Assessments
475.94
Committed Interest
595.01
Water Liens
1,287.84
Personal Taxes
58,560.87
Poll Taxes
7,726.00
Poll Taxes (supplementary)
28.00
Excise Taxes
94,160.30
Unapportioned Sewer Assessments
6,728.07
$1,145,307.59
Cr.
Cash paid on Real Estate Taxes
$918,654.74
Cash paid on Sewer Assessments
1,867.79
Cash paid on Sidewalk Assessments
363.42
Cash paid on Committed Interest
528.86
Cash paid on Water Liens
1,194.24
Cash paid on Personal Taxes
56,306.15
Cash paid on Poll Taxes
6,760.00
Cash paid on Excise Taxes
85,549.00
Cash paid on Unapportioned Sewer Assessments
3,908.95
Abatements on Personal Taxes
882.86
Abatements on Real Estate Taxes
17,577.01
Abatements on Poll Taxes
564.00
Abatements on Excise Taxes
5,220.68
Abatements on Water Liens
6.10
Uncollected Real Estate Taxes
36,905.06
Uncollected Sewer Assessments
740.96
Uncollected Sidewalk Assessments
112.52
Uncollected Water Liens
87.50
Uncollected Personal Taxes
1,371.86
Uncollected Poll Taxes
430.00
Uncollected Excise Taxes
3,390.62
Uncollected Unapportioned Sewer Assessments
2,819.12
$1,145,307.59
In Memoriam
L. HERBERT CAHOON
Custodian Town Hall 1909-1937 Died January 14, 1949
MARTIN L. QUINN Selectman 1903-1905 Died June 18, 1949
-
CONRAD P. RICHARDSON Board of Appeals 1934-1948 Died June 6, 1949
ELINOR K. WILLIAMS Clerk Accountant's Office 1943-1949 Died June 6, 1949
63
JURY LIST
1949]
Jury List Approved January 5, 1950
In accordance with Section 9 of Chapter 234 of the General Laws, the following jury list is published in the Annual Town Re- port :
NAME
Residence
Occupation
Ahern, David L.
9 Lewis Road
Alberg, Samuel
18 Mapledale Place
Accountant Merchant
Armitage, Fred C.
59 Beach Avenue
Metal Worker
Barnes, Willard S.
14 Sargent Road Welder
Benson, Allan F.
34 Essex Avenue
Foreman
Bigelow, Roy E.
15 Crest Road
Inspector
Boden, Arthur T.
17 Ingalls Ter.
Representative
Borg, Ernest S.
140 Aspen Road
Machinist
Boudreau, Harold P.
33 Ellis Road
Retired
Brendel, Henry O.
55 Blaney Street
Clerk
Brown, Amos S.
25 Orchard Road
Manager
Brown, Chester A.
92 Fuller Avenue Architect
Bufalino, William F.
23 Linden Avenue Foreman
Burke, Leslie K.
64 Nason Road G. E.
Burnham, Irwin N.
7 Puritan Road
Salesman
Callahan, David W.
42 Suffolk Avenue Buyer
Carden, Frederick W.
60 Andrew Road
Foreman
Caron, Louis B.
69 Cherry Street Mason
Chapman, Fred J. Jr.
133 Aspen Road
Foreman
Cipollone, Nicholas J.
6 Sheridan Terrace
Manager
Collins, Thomas F.
15 Nason Road
Insurance
Connell, James R.
43 Maple Avenue G. E.
Croft, Lemuel E.
8 Middlesex Avenue Machinist
Cudmore, Clifton W.
54 Columbia Street Salesman 30 Aspen Road Jeweller
Curtis, Paul C.
95 Rockland Street
Sylvania
Dawes, Arthur E.
90 Aspen Road Telephone
Deveney, James C.
120 Elmwood Road Engineer
Devine, Stanley H. 15 Banks Terrace Rest. Owner
Dionne, Henry L.
46 Beach Bluff Ave. Manufacturer
Donahue, James P.
45 Blaney Street G. E.
Donahue, Leo E.
55 Beach Avenue United Shoe
Donovan, John C. Downs, Jack E.
35 Rock Avenue
Engineer
Eaton, Albert W.
37 Hampden Street Engineer
Edmonds, Noel F.
Eichorn, William N.
Farnum, Arthur M.
24 Plymouth Avenue Clerk
Farrell, Herbert L.
48 Grant Road Unemployed
4 Banks Road Manufacturer
38 Farragut Road Retail
Fuller, Edwin A.
85 Walker Road
Contractor
Gillen, J. Harold
17 Brooks Terrace Manufacturer
Grant, Robert W.
11 Cedar Hill Ter. Durkee-Mower
42 Hampden Street Leather
41 Bellevue Road Stationer
33 Middlesex Avenue Baker
6 Norfolk Avenue Music Teacher
Hardy, Frank E. Harney, William K.
11 Rock Avenue Manager 75 Atlantic Avenue Distributor
Faulkner, Francis Fine, Victor
Griffin, Gerald R. Groom, Samuel B.
15 Farragut Road Clerk
Cullen, Claude P.
64
TOWN DOCUMENTS
[Dec. 31,
NAME
Haskell, Courtland P.
Heafitz, Michael
Henderson, Walter A.
43 Berkshire Street Salesman
24 Rockland Street Salesman
Hill, Walter G.
74 Shelton Road
Accountant
Homan, Ralph T. Hooper,Edward M.
22 Lexington Circle Cushman's 86 Puritan Road
Prod. Manager
Howes, Charles O.
28 Hillside Avenue G. E.
Hughes, Joseph E.
76 Phillips Beach Av.
Sales Manager Salesman
Ingalls, Robert U.
63 Salem Street
Stock Trader
Kahn, Maurice E.
1 Brooks Terrace
Pawnbroker Leather
Kaplan, Irving S.
44 Humphrey Street
Keating, Frederick A.
42 Paradise Road Salesman
Keller, George V. Jr.
6 Humphrey Ter. Engineer
Kimball, Rufus A.
43 Crosman Avenue Designer
Kinney, Ralph M.
375 Essex Street
Machinist
Kunkel, Joseph M.
26 Lewis Road
Elec. Eng.
Langmaid, Joseph Larson, Carl O.
La Torre, Joseph L.
77 Magnolia Road
Superintendent
Leadbetter, Thomas S.
Leone, George
Linden, Frederick E.
Lord, John A.
234 Puritan Road
Auto Repair
Machinist, Benjamin
147 Aspen Road
Store Manager
MacPhee, Angus D. Martin, Edward
McDermott, George A.
10 Thorndike Ter.
Ins. Adjuster
McGettrick, William J. McLearn, John G.
34 King Street 8 Mapledale Place
Custodian
Moore, James H.
27 Fuller Avenue
Engineer
Morse, Leon W.
20 Ingalls Terrace
Salesman
29 Blaney Street Janitor
20 King's Beach Ter. Salesman
Newbury, John P.
22 Puritan Avenue Manufacturer
Nolan, James
27 Suffolk Avenue
Steamfitter
Nylander, Arnold S.
978 Humphrey Street
Engineer
O'Brien, Michael J. Olsson, Karl H.
21 Cedar Hill Ter. Salesman
85 Walker Road
Steeves Motor
Palmquist, John W.
32 Greenwood Ter. Tool & Die
Peppard, David E.
648 Humphrey Street Teamster 14 Cedar Road Adjuster
Pettipas, Herbert M.
68 King Street Artist
47 Mountwood Road Engineer
Rafter, Edward J. Ralph, Clarence E.
52 Middlesex Ave. Hygrade
151 Redington Street Maintenance
Ranger, Allan B.
9 Farragut Road Manager
Repetto, William F.
16 Banks Terrace Draftsman
Reynolds, Arthur H.
36 Hillside Avenue G. E.
Richards, Alfred L.
107 Banks Road Manager Contractor
Robinson, Benjamin Rubin, Benjamin
519 Humphrey Street
Mechanic
Samuel, Manuel Sargent, William A. Sewall, Reginald D.
3 Banks Circle Dealer
10 Ocean View Road Salesman
15 Shaw Road
Driver
Occupation
4 Paton Terrace
4 Huron Street
Manager Wool
Hildreth, Warren S.
Hurley, James M.
14 Erie Street
26 Beach Bluff Ave. Bakery
61 Magnolia Road Leather
Machinist
39 Blaney Street 8 Clarke Street, 9 Hillcrest Circle
Diemaker
Accountant
17 Walnut Road
161 Paradise Road
Rem. Rand Accountant Clerk
Nevins, Bernard J. Nevler, Jack
Phillips, Harvie W. Power, Burton R.
12 Curry Circle
Residence
1949]
JURY LIST
65
NAME
Shaw, Clarence F.
Sheldon, George W.
Simons, Joseph B. Smith, Elmer L.
41 Sampson Avenue
Elec. Cont.
Soucy, James L.
58 Magnolia Road
Auto. Mech.
Spear, Irwin
87 Bates Road
Salesman Steamfitter
Stever, Clark E.
5 Vinnin Street
Stillman, Joseph
5 Erie Street
Salesman
Stinson, Harry W.
81 Pine Street
Milkman
Storey, Arthur D.
15 King Street
Technician
Teague, Philip A.
95 Greenwood Ave. Electrician
Wadden, Walter R.
155 Elmwood Road
Machinist
Wales, Solon B.
36 Magnolia Road
Buyer
Wallace, Maurice E.
Cleansing
Walton, James G.
23 Sherwood Road 15 Suffolk Avenue 63 Stetson Avenue
G. E.
Webber, Leslie J.
Salesman
Webber, William S.
29 Orient Court
Supervisor
Willows, Chester S.
14 Devens Road G. E.
Witter, Lawrence O.
59 Thomas Road Manager
Wright, Harry B.
8 Cliffside
Designer
Zahr, Herman E. Jr.
37 Aspen Road
Ford Co.
Residence 9 Rose Street 35 Elmwood Road
Occupation
Plumber Shipper Proprietor
25 Sheridan Road
66
TOWN DOCUMENTS
[Dec. 31,
Treasurer's Report
Robert G. Byrne, Treasurer
In account with the Town of Swampscott for the year ended December 31, 1949.
Balance on hand, January 1, 1949
$773,678.32
RECEIPTS
Tax Collector
$1,449,310.53
Dog Licenses
1,221.00
Comm. of Massachustts
105,687.69
Temporary Loan Notes, Issued in Anticipation of Revenue, Discounted
300,000.00
Tax Titles Redeemed
15,921.45
Withholding Income, Tax 1949
58,938.30
Chapter 90
7,767.70
Miscellaneous
4,408.39
$1,943,255.06
$2,716,933.38
DISBURSEMENTS
Warrants Paid
$2,238,487.54
Balance on hand, December 31, 1949
$478,445.84
BONDS AND NOTES PAYABLE Issued Inside Debt Limit
Sewer Loans:
1928 Loan (4%)
$4,000.00
1929 Loan (4 1/2 %)
30,000.00
1930 Loan (4%) 15,000.00
1931 Loan (4%) 14,000.00
1946 Loan (1%)
25,000.00
1948 Loan (2%)
270,000.00
Total Sewer Debt Outstanding
Issued Inside Debt Limit
$358,000.00
Miscellaneous Loans :
Town Hall Loan 1944 (34 %) .. $10,000.00
Highway Equip. Loan 1946 (1%) 12,000.00
Field House Loan 1947 (11/4 %)
27,000.00
Total Miscellaneous Debt Outstanding
$49,000.00
Total Debt Outstanding
Issued Inside Debt Limit
$407,000.00
Issued Outside Debt Limit
High School Addition Loan 1936 (2%)
Sewer Loans:
1921 Loan (5%)
$2,000.00
1922 Loan (41/4 %)
1,500.00
Total Sewer Debt. Outstanding
Issued Outside Debt Limit $3,500.00
Total Debt Outstanding Issued Outside Debt Limit $94,500.00
General Debt as of December 31, 1949
$501,500.00
$91,000.00
67
TREASURER'S REPORT
1949]
STATEMENT INDICATING BORROWING CAPACITY As of December 31, 1949
Valuation 1947, Less Abatements
$25,358,918.00
Valuation 1948, Less Abatements
$26,300,288.00
Valuation 1949, Less Abatements
$27,263,533.00
Total Valuation Average Valuation
$78,922,739.00 $26,307,579.67
Five Per Cent (5%) of Average Valuation
$1,315,378.98
Less Outstanding Debt Issued Inside Debt Limit
$407,000.00
Borrowing Capacity as of December 31, 1949 $908,378.98
Respectfully submitted,
ROBERT G. BYRNE, Town Treasurer.
68
TREASURER'S REPORT OF Principal and Interest Due in 1949
GENERAL DEBT
TOTAL
Month
Principal
Interest
Principal
Interest
Principal
Interest
January
$7,000.00
$ 593.75
$ 7,000.00
$ 593.75
February
815.00
$13,000.00
991.86
13,000.00
1,806.86
March
2,000.00
2,980.00
2,000.00
2,980.00
May
2,000.00
37.50
2,000.00
37.50
June
8,000.00
Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.