USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1939 > Part 19
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 | Part 15 | Part 16 | Part 17 | Part 18 | Part 19 | Part 20 | Part 21 | Part 22
3,208.00
146.00
3,929.00
Elections and Registrations
3,800.35
128.65*
6,832.00
5,500.00
5,500.00
Engineering Department
5,119.36
380.64*
6,900.00
300.00
300.00
Planning Board
286.40
13.60*
300.00
560.30
560.30
Zoning Committee
317.75
242.55
800.00
800.00
Town Hall - Heating
790.58
9.42*
7250.00
200.00
7,450.00
Town Hall - Maintenance
7,315.07
134.93*
7,450.00
100.00
100.00
Soldiers' Monument, etc.
100.00
100.00
PROTECTION TO PERSONS AND PROPERTY
73,471.00
360.00
73,831.00
Police Department
73,382.57
448.43*
75,276.00
85,361.14
85,361.14
Fire Department
83,261.94
2,099.20*
86,621.55
1,610.00
1,610.00
Building Inspector's Department
1,484.22
125.78*
1.804.25
1,250.00
1,250.00
Sealer's Department
1,239.67
10.33*
1,250.00
4,500.00
4,500.00
Moth Department
4,491.20
8.80*
4,928.30
2,150.00
2,150.00
Tree Department
2,149.67
.33*
6,720.00
400.00
400.00
Trees - Sea and Athens Streets
382.20
17.80*
1939
261
HEALTH AND SANITATION
16,000.00 2,500.00
16,000.00
Health Department
15,152.14
847.86 83.38*
2,500.00
16,544.68
16,544.68
Norfolk County Hospital
16,544.68
1,600.07
3,900.00
5,500.07
Garbage Disposal
3,999.96
1,500.11
4,500.00
HIGHWAYS
99,007.63
22,736.37
121,744.00
Street Department
121,740.52
3.48*
128,650.00
4,123.45
4,145.89
Chapter 90 Construction
4,145.89
16,032.19
Chapter 500 - Acts 1938
16,032.19
2.00
2.00
Drainage Easements
2.00
198.94
198.94
Sidewalk - Tufts Fund
198.94
1,200.00
1,200.00
Harbor Master
1,200.00
1,200.00
36,135.69
36,135.69
Street Lighting
35,875.99
259.70*
36,469.36
PUBLIC WELFARE
500.00
500.00
Study of Relief
218.78
281.22
6,024.00
87.00
6,111.00
Administration
5,907.37
203.63*
7,268.00
5,970.00
5.00
5,975.00
Town Infirmary
5,974.76
24*
7,000.00
10,000.00
10,000.00
Outside Relief II
9,724.49
275.51*
10,000.00
104,014.00
104,014.00
Outside Relief
103,436.32
577.68
110,000.00
4,000.00
4,000.00
Town Physicians
4,000.00
4,000.00
1,712.00
1,163.64
2,875.64
Aid to Dependent Children : Administration
2,343.90
531.74*
1,300.00
41,436.00
8,625.97
50,061.97
Relief
50,061.97
54,000.00
50.00
19.25
69.25
Materials Account
25.02
44.23*
OLD AGE ASSISTANCE
3,394.00 118,000.00
3,394.00
Town - Administration
3,115.93
278.07*
4,400.00
118,000.00
Town - Assistance
117,347.42
652.58*
125,000.00
2,944.25
2,944.25
Federal Grant - Administration
2,944.25
88,329.30
88,329.30
Federal Grant - Assistance
88,329.30
18,000.00
2,500.00
Nurses
2,416.62
22.44 16,032.19
262
8,646.90
54,000.00
W. P. A. PROJECTS 62,646.90 W. P. A. Committee
62,595.59
51.31
75,000.00
24,000.00
2,000.00
26,000.00
SOLDIERS' BENEFITS Soldiers' Relief, etc.
25,964.28
35.72
24,000.00
EDUCATION
428,789.15
7,445.85
436,235.00
Support of Schools
436,234.61
.39*
443,272.75
1,308.74
1,308.74
Smith-Hughes Fund
1,308.74
2,026.72
5,230.75
7,257.47
George-Deen Fund
6,763.42
494.05
1,000.00
1,000.00
Nevin School Committee
1,000.00
4,000.00
4,000.00
Nevin School - Land
4,000.00
90,000.00
90,000.00
Nevin School - Construction
65,008.48
24,991.52
LIBRARIES
24,323.00
790.93
25,113.93
Tufts Library and Branches Fogg Library Reading Room
2,033.30
2,050.00
RECREATION
6,800.00
6,800.00
Parks and Playgrounds
5,964.82
835.18*
7,550.00
40.33
40.33
Beals Park Fund
40.33
UNCLASSIFIED
800.00
800.00
Observance Memorial Day
797.05
2.95*
800.00
1,303.65
1,303.65
Tufts Fund Lectures
1,303.65
6.80
6.80
Maintenance Laban Pratt Fountains
6.80
4,037.00
4,037.00
Dog License Fees
3,973.40
63.60
600.00
600.00
Mosquito Control
600.00
600.00
7,500.00
7,500.00
Fire Insurance
7,398.25
101.75*
4,458.00
1,880.04
1,272.13
3,152.17
Miscellaneous Expenses
3,152.17
2,250.00
1,000.00
1,000.00
Rental of Halls
615.00
385.00*
1,000.00
263
24,906.19
207.74* 16.70 **
24,259.00
2,050.00
2,050.00
-
2,806.67
2,806.67
Pensions
21,475.70
21,475.70
Weymouth Retirement System
2,806.67 21,475.70
2,800.00 21,673.36
992.72
992.72
Unpaid Bills
992.72
200.00
200.00
Care Old Cemeteries
200.00
200.00
1,500.00
1,500.00
Care Soldiers' Graves
1,450.34
49.66*
1,500.00
7,500.00
7,500.00
Municipal Bldgs. Ins. Fund
7,500.00
5,000.00
15,000.00
15,000.00
Reserve Fund
12,752.82
2,247.18*
15,000.00
PUBLIC SERVICE ENTERPRISE
350.00
Alewife Fishery
349.67
33*
350.00
INTEREST AND DEBT REQUIREMENTS
19,007.50
Interest and Discount
18,634.39
373.11
16,492.50
63.401.34
General Bonds and Notes
63,000.00
401.34
72,598.66
300,000.00
600,000.00
900,000.00 Anticipation of Revenue Notes
700,000.00
200,000.00
AGENCY TRANSACTIONS
59,201.44+ 233.26+
269,531.28
205,855.77
4,474.07
45,102.38
44,869.12
44,869.12
REFUNDS
194.00+
194.00
Abatement Account - 1931
264.00+
264.00
Abatement Account - 1932
286.00+
286.00
Abatement Account - 1933
5.10+
5.10
Abatement Account - 1934
110.29+
203.79
93.50
Abatement Account -- 1935
93.50
51.00
51.00
Abatement Account - 1936
51.00
700.72+
2,927.27
2,226.55
Abatement Account - 1937
2,240.55
14.00+
6,580.39
6,580.39
Abatement Account - 1938
5,783.80
796.59
14,474.00
14,474.00
Abatement Account - 1939
16,408.43
1,934.43+
275,769.30
1,815,281.08
757,344.19
2,848,394.57
2,603,389.94
245,004.63
1,484,114.23
350.00
19,000.00 63,000.00
7.50 401.34
210,329.84 State Liabilities County Liabilities
264
Note: Balances designated thus (*) transferred to the General Fund Items designated thus (+) represent overdrafts Balance in Health Department - 102.00 to 1940 account 745.86 to
Balances
246,953.06
Overdrafts
1,948.43
General Fund Balance in Outside Relief - 390.14 to 1940 account 187.54 to
245,004.63
General Fund Balance in Soldiers' Relief-35.40 to 1940 account .32 to General Fund Balance in Interest and Discount - 7.50 to 1940 account 365.61 to General Fund
All other balances transferred to 1940 accounts
265
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS
1931 to 1934, INCLUSIVE
1931
1932
1933
1934
General Government
$1,060,714.09
$ 925,684.48
$ 903,252.05
$ 897,539.63
Charities Soldiers' Benefits,
Old Age Assistance
193,480.00
256,558.90
338,549.95
312,430.90
Debt Retirement
81,858.00
104,000.00
80,000.00
70,000.00
Interest and Discount
62,000.00
72,337.91
55,000.00
58,000.00
State Liabilities
111,775.32
109,930.73
228,444.04
151,509.18
County Liabilities
52,424.48
41,308.08
35,104.62
34,288.73
Total Charges
$1,562,251.89
$1,509,820.10
$1,640,350.66
$1,523,768.44
Income Tax
$ 131,055.65
$ 100,163.51
$ 68,482.03
$ 89,257.45
Corporation Tax
97,074.64
88,348.12
77,228.03
81,753.38
Estimated Receipts
112,319.98
138,000.00
122,225.71
114,343.22
Free Cash Voted
75,000.00
83,943.30
Poll Taxes
12,986.00
13,384.00
13,532.00
13,616.00
O. A. A. Taxes
6,555.00
6,745.00
6,824.00
Highway Offset
15,008.73
37,558.54
O. A. A. - Refund
16,175.44
15,433.41
24,000.00
Federal Relief Act
47,518.14
23,792.24
Total Credits
$ 450,000.00
$ 400,374.61
$ 435,186.62
$ 346,762.29
Balance To Be
Raised in Levy
1,112,251.89
1,109,445.49
1,205,164.04
1,177,006.15
Tax Rate
24.25
24.00
26.00
25.50
Net Debt
932,000.00
866,000.00
786,000.00
716,000.00
Borrowing Capacity
494,601.41
563,459.77
646,628.67
711,779.73
Surplus Revenue
164,978.07
177,593.40
130,772.52
184,786.09
266
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS 1935 to 1939 INCLUSIVE
1935
1938
1939
$ 881,872.34
$ 934,627.66
1937 $ 959,750.01
$ 972,684.67
$ 971,461.11
337,577.28
306,620.28
306,071.18
379,938.31
372,712.31
70,000.00
70,000.00
67,000.00
90,000.00
63,000.00
37,000.00
28,000.00
25,000.00
22,500.00
19,000.00
151,535.43
146,529.61
163,622.81
148,482.80
269,531.28
47,500.00
41,000.00
40,653.85
43,698.28
45,102.38
$1,525,485.05
$1,535,777.55
$1,562,097.85
$1,657,304.06
$1,740,807.08
$
74,433.35
$ 75,016.97
$ 101,759.01
$ 133,944.57
$ 108,173.46
77,439.44
77,439.44
76,456.70
74,746.82
20,458.42
154,398.53
153,374.71
127,100.00
131,680.72
148,989.83
15,000.00
25,000.00
65,000.00
60,000.00
13,742.00
14,296.00
14,300.00
13,698.00
15,468.00
65,177.97
29,686.85
30,000.00
40,000.00
55,000.00
80,010.17
$
349,700.17
$ 365,127.12
$ 384,615.71
$ 474,070.11
$ 498,277.85
1,175,784.88
1,170,650.43
1,177,482.14
1,183,233.95
1,242,529.23
25.50
25.50
25.50
25.50
26.50
646,000.00
576,000.00
534,000.00
444,000.00
441,000.00
778,386.43
850,360.95
919,382.40
989,018.63
998,980.94
170,864.70
176,436.98
190,439.82
102,670.20
134,655.88
EMERSON R. DIZER
Town Accountant.
267
1936
TOWN OF WEYMOUTH
BALANCE SHEET
DECEMBER 31, 1939
GENERAL ACCOUNTS
LIABILITIES
Treasurer's Cash : Town Water
$136,617.51 92,056.51
$228,674.02
Temporary Loans : In Anticipation of Revenue : 1939 Account
$200,000.00
Appropriation Balances: Town
$33,034.81 23,296.15
$56,330.96
Levy 1939
225,512.16
246,478.18
Motor Vehicle Excise Taxes :
Levy 1938
96.96
Levy 1939
3,354.51
3,451.47
Overlays Reserved for Abatements: Levy of 1938
796.59
Special Assessments :
Revenue Reserved Until Collected :
Moth, 1938
29.00
Motor Vehicle Excise Taxes
3,451.47
Moth, 1939
311.10
340.10
Moth Assessments
340.10
Tax Title Revenue
36,469.61
Departmental Accounts
51,069.79
Water Liens Revenue
367.37
Water Department :
Water Liens on Taxes:
Rates
29,101.14
1938 Accounts
836.00
Construction
1,117.99
30,219.13
1939 Accounts
2,571.05
Departmental
51,069.79
Water Liens
3,774.42
Water
30,219.13
125,324.52
Tax Titles
36,469.61
Tax Possessions
6,820.38
Tax Possessions - Revenue
6,820.38
Accounts Receivable :
Taxes-Levy 1938
20,966.02
Water
Reserve Fund - Overlay Surplus
7,887.37
268
ASSETS
3,385.28 4,435.01 849.18
Appropriation Overdrafts : Overlay - 1937
14.00
Overlay - 1939
1,934.43
1,948.43
Sale of Real Estate Fire Insurance Tailings Account Surplus Revenue : Town Water
134,655.88 68,760.36
203,416.24
$609,245.53
$609,245.53
REAL AND PERSONAL PROPERTY ACCOUNT
Real Estate and Personal Property
$3,883,314.10 Land
$ 386,675.00
1,939,025.00
Buildings Personal
1,557,614.10
$3,883,314.10
$3,883.314.10
269
DEBT ACCOUNTS
Net General Debt
$ 441,000.00
High School Addition Loan - 1923
$ 48,000.00 8,000.00
New Town Infirmary Loan
Bicknell Schoolhouse Loan
25,000.00
Pratt Schoolhouse Addition Loan
18,000.00
High School Addition Loan - 1927
104,000.00
Hunt Schoolhouse Addition Loan
70,000.00
Pond Schoolhouse Loan
20,000.00
Ward Two Fire Station Loan
5,000.00
Bicknell Schoolhouse Addition Loan
66,000.00
Adams Schoolhouse Loan
17,000.00
Nevin Schoolhouse Addition Loan
60,000.00
$ 441,000.00
$ 441,000.00
270
WEYMOUTH CONTRIBUTORY RETIREMENT FUNDS
Cash and Securities
$ 63,289.41
Annuity Savings Fund
$ 31,509.71
Annuity Reserve Fund
668.02
Pension Accumulation Fund Undistributed Earnings, etc.
30,772.62
339.06
$ 63,289.41
$ 63,289.41
TRUST AND INVESTMENT ACCOUNTS
Trust and Investment Funds : Cash and Securities
$ 616,439.25
Tufts Fund, Free Public Lectures LA 5,000.00
Tufts Fund, Free Public Lectures, Income 1,720.97
Tufts Fund, Reading Room 2,500.00
Tufts Fund, Books 2,500.00
Tufts Fund, Sidewalk & Shade Trees
2,000.00
Tufts Fund, Sidewalk & Shade Trees, Income
08
Tufts Fund, Care Tufts Tomb
500.00
John C. Rhines Fund
10,000.00
John C. Rhines Fund, Income
6,161.20
Elias S. Beals Park Fund
1,000.00
Elias S. Beals Park Fund, Income
29.17
Laban Pratt Hospital Fund
300,000.00
Laban Pratt Hospital Fund, Income
219,102.42
Laban Pratt Fountain Fund
400.00
Laban Pratt Fountain Fund, Income
435.96
Augustus J. Richards Library Fund
5,000.00
Joseph E. Trask Library Fund
12,805.88
Susannah Hunt Stetson Library Fund
2,500.00
Tirrell Donation Library Fund
1,000.00
Francis Flint Forsythe Library Fund
1,000.00
Arthur E. Pratt Library Fund
3,000.00
Charles Henry Pratt Library Fund
500.00
William H. Pratt Library Fund
2,798.80
Weymouth Back River Bridge Fund
3,000.00
Municipal Buildings Insurance Fund
33,421.46
Martha Hannah King Fund 63.31
$ 616,439.25
$ 616,439.25
271
DEBT STATEMENT - JANUARY 1, 1940
Assessors' Valuation for the year 1937 Less Abatements to December 31, 1939
$46,792,437.00 723,465.00
46,068,972.00
Assessors' Valuation of Motor Vehicles for 1937
1,626,380.00
Less Abatements to December 31, 1939
119,120.00
1,507,260.00
47,576,232.00
Assessors' Valuation for the year 1938
47,145,201.00
Less Abatements to December 31, 1939
680,820.00
46,464,381.00
Assessors' Valuation of Motor Vehicles for 1938
1,581,220.00
Less Abatements to December 31, 1939
109,065.00
1,472,155.00
47,936,536.00
Assessors' Valuation for the year 1939
47,441,396.00
Less Abatements to December 31, 1939
548,920.00
46,892,476.00
Assessors' Valuation of Motor Vehicles for 1939
1,682,790.00
Less Abatements to December 31, 1939
89,940.00
1,592,850.00
48,485,326.00
Gross net valuation for the last three years Average valuation
47,999,364.67
3 per cent
$ 1,439,980.94
Total debt of all kinds incurred and outstanding Schoolhouses
428,000.00
Fire Station
5,000.00
Town Infirmary
8,000.00
Water Bonds and Notes
102,500.00
Anticipation of Revenue Notes
200,000.00
$743,500.00
$143,998,094.00
743,500.00
272
Less debts outside the debt limit: Water Bonds, General Laws Water Notes, General Laws Anticipation of Revenue Notes Balance of debt within the debt limit
69,000.00 33,500.00 200,000.00
302,500.00
441,000.00
BORROWING CAPACITY AS OF DECEMBER 31, 1939
$998,980.94
EMERSON R. DIZER,
Town Accountant.
273
INCOME OF OFFICIALS DERIVED FROM THE TOWN FROM ALL SOURCES
Elected and appointed officials in the Town of Weymouth for 1939 with the income derived from the Town from all sources, in accordance with the vote passed under Article 1, Item 3, at the Annual Town Meeting of March 6, 1939.
Town Treasurer :
George E. Curtin
Salary - Town
$1,500.00
Salary - Water Dept. 400.00
Salary - Commissioner 65.00
Selectmen :
Sandy Roulston
Salary
675.64
Board of Appeal
15.00
Water Commissioner
40.00
Basil S. Warren
Salary
647.10
Water Commissioner
40.00
Everett E. Callahan
Salary
556.10
George E. Lane
Salary
556.10
Joseph A. Fern
Salary
580.59
Ralph P. Burrell
Salary
311.10
Water Commissioner
40.00
Joseph Crehan
Salary
136.10
Town Clerk:
Julian R. Merchant
Salary
433.30
Fees from Town
514.00
Clerk of Registrars
216.67
Clayton B. Merchant
Salary
378.99
Fees from Town
1,707.00
Clerk of Registrars
172.17
Collector of Taxes :
Frank W. Holbrook
Commission 5.5 mills
7,187.56
(includes all the office expenses)
Collection Water Liens 73.05
School Committee :
Prince H. Tirrell
none
Ethel G. Taylor
none
J. Herbert Libby
none
William F. Shields
none
Wallace H. Drake
none
Clayton W. Nash
none
Assessors :
Charles W. Burgess
Salary
900.00
Salary
special
200.00
Sealer
salary
1,000.00
Sealer - transportation
200.00
Harry E. Bearce
Salary
2,192.35
Frank A. Pray
Salary
800.00
Salary -
special
200.00
John W. Heffernan
Salary
800.00
Salary - special
200.00
Francis A. Gunn
Salary
800.00
Salary - special
200.00
Water Commissioner :
George W. Perry
Salary
40.00
274
Trustees of Tufts Library :
Clarance P. Whittle Gertrude C. Andrews
none
Kenneth L. Nash John B. Holland
none none
Leighton S. Vorhees
Joseph Kelley
none
Franklin N. Pratt
none
Francis N. Drown
none
John Griffin
none
Board of Selectmen
none
George E. Curtin, Town Treasurer
none
Park Commissioners :
Everett J. McIntosh
Transportation
66.50
Charles W. Burgess
Transportation
66.50
Arthur I. Negus
Transportation
66.50
Board of Health :
Thomas J. McDonald
Salary
150.00
Frederick L. Doucett
Salary
200.00
Lewis W. Pease
Salary
100.00
Planning Board :
Charles Griffin
none
Charles A. Jordan
none
Thomas J. Kelly
none
Raymond O. Hollis
none
Henry R. Sargent
none
Roy H. Rosewell
none
Russell H. Whiting
none
Tree Warden
V. Leslie Hebert
Moth & Tree Dept's. : Wages 889.10
Truck Hire 514.87
Annual Moderator: Daniel L. O'Donnell
none
TownCounsel : Kenneth L. Nash
Salary
1,500.00
Board of Appeal
15.00
Trial Cases:
Town
200.00
Water Dept.
585.00
Town Accountant : Emerson R. Dizer
Salary - Town
3,000.00
Water Dept.
450.00
Superintendent of Streets: Thomas J. Kelly
Salary
3,500.00
Supt. of Water Department: Sydney C. Beane
Salary
3,500.00
275
none
none
TOWN TREASURER'S REPORT
To the Citizens of the Town of Weymouth:
Following is my third report as your custodian of Town Funds:
RECEIPTS
For Notes Given in Anticipation of Revenue :
January 17, Due November 28, 1939 @ .12% Discount plus)
$1.25 premium) $400,001.25
September 25, Due July 25, 1940 @ .50% Discount plus $17.00) premium) 200,017.00
Total in Anticipation of Revenue
$600,018.25
August 1, Due August 1, 1945 @ 34 of 1% plus $7.50 interest) Nevin School Addition Notes 60,408.84
$660,427.09
School Department
8,628.44
Street Department
23.00
Licenses & Permits
12,830.34
Town Clerk's Licenses
406.00
Dog Licenses
4,037.00
Building Inspector Permits
825.00
Board of Health - Plumbing Inspector
1,642.00
Refund Welfare
14,048.93
State Treasurer
432,327.92
Commonwealth of Massachusetts - a/c North & Commercial Sts.
2,881.63
Police Department - Pistol Permits
66.00
Fire Department - Fireworks Permits
16.00
Sealer's Fees
366.11
Tax Title Releases
29,321.76
Board of Health
242.40
Board of Health - Dental Clinic
136.45
Water Department - Accounting Department
550.00
Moth Department
6.00
Court Fines
1,560.30
Tufts Library Fines
814.98
County Treasurer - Dog Tax Refund
3,010.85
Alewife Fishery
241.30
Income Trust Funds
790.93
Sale Tax Possession Property
951.46
Retirement Board - Accounting Service
280.00
Transfer from Water Department
60,000.00
Commission Vending Machines
23.40
Insurance - Return Premium
15.50
Insurance a/c Fire Loss Jefferson School
4,435.01
Rent - Tax Possession Property
126.25
Taxes - 1935 (Tax Title Disclaimer Tent by the Sea)
240.20
Taxes - 1936 (Tax Title Disclaimer Tent by the Sea)
119.44
Taxes - 1937
28,099.15
Taxes - 1937 Interest
1,671.59 188,033.99
Taxes - 1938 Interest
5,544.87
Taxes - 1939
1,071,565.49
Taxes - 1939 Interest
554.19
Transfer Tufts Fund Sidewalks & Shade Trees
198.94
Taxes - 1938
276
Transfer Tufts Lecture Fund - Concerts and Lectures
1,303.65
Transfer Beals Park Fund
40.33
Transfer Laban Pratt Fountain Fund
6.80
Water Department Toward Collecting Expense
1,500.00
Taxes paid after being abated Refund Tax Lien Deposits
208.25
Old Colony Gas Co. - Damage Trees Sea and Athens Streets
1,000.00
Miscellaneous
69.20
Total
$2,541,207.66
Cash in Banks January 1, 1939
142,293.09
Total
$2,683,500.75
DISBURSEMENTS
Paid on Selectmen's Warrants For:
Notes Given in Anticipation of Revenue
$ 700,000.00
Other Notes and Bonds
63,000.00
Sundry Appropriations
1,783,883.24
Total
$2,546,883.24
Cash in Banks December 31, 1939
136,617.51
Total
$2,683,500.75
ASSETS
Due from F. W. Holbrook, Collector of Taxes 1938
$ 21,927.98
Due from F. W. Holbrook, Collector of Taxes 1939
231,748.82
Due from F. W. Holbrook, Collector of Taxes 1939 Water Liens Trust Funds
383,060.68
Accumulated Interest on Trust Funds
233,378.57
Deposits Weymouth Trust Company
93,388.53
Deposits First National Bank of Boston
3,984.75
Deposits Second National Bank of Boston
36,104.44
Deposits Merchants National Bank of Boston
10,000.00
Deposits Granite Trust Company of Quincy
30,000.00
Sundry Bills Receivable
51,069.79
$1,095,030.93
Less outstanding checks
36,860.21
Total Assets
$1,058,170.72
LIABILITIES BONDS AND NOTES 1940
July 1, Engine House, Ward 2, 4 per cent
$ 5,000.00
July 1, Bicknell School Addition, 4 per cent
6,000.00
July 1, High School Building, 414 per cent
12,000.00
July 1, Town Home, 41/4 per cent 2,000.00
July 1, Pond Plain Schoolhouse, 41/4 per cent
4,000.00
July 1, New Hunt Schoolhouse, 41/2 per cent
10,000.00
July 1, New Adams School, 41/2 per cent
3,000.00
277
367.37
19.52
Aug. 1, Nevin School Addition, 34 of 1 per cent
10,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 per cent 3,000.00
Nov. 1, Bicknell Schoolhouse, 414 per cent 5,000.00
Nov. 1, High School Building Addition, 334 per cent
13,000.00
$ 73,000.00
1941
July 1, Bicknell School Addition, 4 per cent
$ 6,000.00
July 1, High School Building, 41/4 per cent
12,000.00
July 1, Town Home, 41/4 per cent 2,000.00
July 1, Pond Plain Schoolhouse, 414 per cent
4,000.00
July 1, New Hunt Schoolhouse, 41/2 per cent
10,000.00
July 1, New Adams School, 41/2 per cent
3,000.00
Aug. 1, Nevin School Addition, 34 of 1 per cent
10,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 per cent
3,000.00
Nov. 1, Bicknell Schoolhouse, 41/4 per cent
5,000.00
Nov. 1, High School Building Addition, 33/4 per cent
13,000.00
$ 68,000.00
1942-1950
July 1, Bicknell School Addition 1942-1950
$ 36,000.00
July 1, High School Building 1942-1950
12,000.00
July 1, Town Home 1942-1943
2,000.00
July 1, Pond Plain Schoolhouse 1942-1944
8,000.00
July 1, New Hunt Schoolhouse 1942-1946
48,000.00
July 1, New 'Adams School 1942-1945
8,000.00
Aug. 1. Nevin School Addition 1942-1944
40,000.00
Oct. 1, Pratt Schoolhouse Addition 1942-1945
9,000.00
Nov. 1, Bicknell Schoolhouse 1942-1944
15,000.00
Nov. 1, High School Building Addition 1942-1947
78,000.00
$256,000.00
TOTAL AMOUNT OF NOTES AND BONDS OUTSTANDING
Fire Station, Ward 2, 1940-1950
$ 5,000.00
Bicknell School Addition, 1940-1950
66,000.00
High School Addition, 1940-1950
48,000.00
Town Home, 1940-1943
8,000.00
Pond Plain Schoolhouse, 1940-1944
20,000.00
New Hunt Schoolhouse, 1940-1946
70,000.00
New Adams Schoolhouse, 1940-1945
17,000.00
Nevin School Addition, 1940-1945
60,000.00
Pratt Schoolhouse Addition, 1940-1945
18,000.00
Bicknell Schoolhouse, 1942-1944
25,000.00
High School Building Addition, 1940-1947
104,000.00
Total debt except Anticipation of Revenue Notes
$441,000.00
Anticipation of Revenue Notes 1940
200,000.00
Total
$641,000.00
278
TRUST FUNDS
LABAN PRATT HOSPITAL FUND
Original bequest, July 22, 1925
$300,000.00
Interest on Bank Deposits to Dec. 31, 1938
207,012.33
Total Fund January 1, 1939
$507,012.33
INCOME 1939
East Weymouth Savings Bank, Interest
$3,207.35
South Weymouth Savings Bank, Interest
3,836.14
Weymouth Savings Bank, Interest
3,228.17
Weymouth Trust Co., Savings Dept., Interest
1,818.43
$ 12,090.09
Total Fund December 31, 1939
$519,102.42
INVESTMENTS OF THIS FUND
Deposit in the East Weymouth Savings Bank
$130,704.86
Deposit in the Weymouth Savings Bank
131,553.22
Deposit in the South Weymouth Savings Bank
130,755.66
Deposit in the Weymouth Trust Co., Savings Dept.
126,088.68
Total Fund December 31, 1939
$519,102.42
LABAN PRATT FOUNTAIN FUND
Bequest deposited in Weymouth Savings Bank in 1925 Interest to December 31, 1938
422.17
Total Fund January 1, 1939
$ 822.17
Interest received during 1939
20.59
$ 842.76
Amount Expended during 1939
6.80
Total Fund in Weymouth Savings Bank Dec. 31, 1939
$ 835.96
MUNICIPAL BUILDING INSURANCE FUND
Deposited in Banks, May 8, 1930
$10,000.00
Added by vote of Town to December 31, 1938
10,006.00
Interest on Bank Deposits to Dec. 31, 1938
5,266.02
Total Fund January 1, 1939
$25,272.02
Added by vote of the Town during 1939
7,500.00
Interest received during 1939
649.44
Total Fund December 31, 1939
$33,421.46
INVESTMENTS OF THIS FUND
Deposit in East Weymouth Savings Bank
$ 8,401.94
Deposit in Weymouth Savings Bank
8,423.82
Deposit in South Weymouth Savings Bank
8,367.86
Deposit in Weymouth Trust Co., Sav. Dept.
8,227.84
Total Fund December 31, 1939
$33,421.46
279
$ 400.00
JOHN C. RHINES FUND
Bequest March 10, 1924, Income for any Public Purpose
$10,000.00
INVESTMENTS OF THIS FUND
Deposit in Weymouth Savings Bank
$ 5,000.00
Deposit in South Weymouth Savings Bank
2,500.00
Deposit in Weymouth Trust Co., Savings Dept.
2,500.00
Total Fund December 31, 1939
$10,000.00
JOHN C. RHINES INCOME ACCOUNT
Income received to January 1, 1939
$ 5,839.16
Interest received during 1939
322.04
Total Fund in Weymouth Trust Company, Savings Dept., December 31, 1939
$ 6,161.20
ELIAS S. BEALS FUND
Income for care of Beals Park, Original Bequest
$ 1,000.00
Total Fund to January 1, 1939
$ 1038.13
Interest received during 1939
31.37
$ 1,069.50
Amount expended in . 1939
40.33
Total Fund in South Weymouth Savings Bank, December 31, 1939
$ 1,029.17
JOSEPH E. TRASK FUND
Income for benefit of Tufts, Library, Total Fund
$12,805.88
January 1, 1939
Interest received during 1939
$291.60
Paid Town of Weymouth Tufts Library Account
291.60
Total Fund on Deposit December 31, 1939
$12,805.88
INVESTMENTS OF THIS FUND
Deposit in East Weymouth Savings Bank
$ 2,000.00
Deposit in Weymouth Savings Bank
2,000.00
Deposit in South Weymouth Savings Bank
4,100.00
Deposit in Weymouth Trust Co. Savings Dept.
4,705.88
Total Fund December 31, 1939
$12,805.88
280
SUSAN HUNT STETSON FUND
Income for benefit of Tufts Library, Total Fund
$ 2,500.00 January 1, 1939
Interest received during 1939
$ 62.50
Pd. Town of Weymouth for Tufts Library Account 62.50
Total Fund in Weymouth Savings Bank, December 31, 1939 $ 2,500.00
CHARLES Q. TIRRELL FUND
Income for Benefits of Tufts Library, Total Fund January 1, 1939
$ 1,000.00
Interest received during 1939
$ 25.00
Paid Town of Weymouth Benefit Tufts Library
25.00
Total Fund in Weymouth Savings Bank December 31, 1939
$ 1,000.00
WALTER G. FORSYTH FUND
Income for benefit of Tufts Library, Total Fund January 1, 1939
$ 1,000.00
Interest received during 1939
25.00
Paid Town of Weymouth Benefit Tufts Library
25.00
Total Fund in Weymouth Savings Bank
December 31, 1939
$ 1,000.00
AUGUSTUS J. RICHARDS FUND
Income for Benefit of Tufts Library,
Total Fund January 1, 1939
$ 5,000.00
Interest received during 1939
$116.87
Paid Town of Weymouth Tufts Library Account
116.87
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.