USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1941 > Part 25
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1,797.79*
84,904.00
89,939.10
89,939.10
Fire Department
89,476.42
462.68*
97,122.79
2,419.84
30.00
2,449.84
Building Inspector's Department
2,436.65
13.19*
2,891.00
1,250.00
1,250.00
Sealer's Department
1,244.93
5.07*
1,250.00
7,000.00
1,407.19
8,407.19
Moth Department
7,208.35
1,198.84*
9,479.24
-
340
1
1941
3,420.00
3,420.00 216.43
Tree Department Tree Rehabilitation
3,420.00 216.43
5,949.00
HEALTH AND SANITATION
18,719.00
3,300.00
22,019.00
Health Department
19,362.24
2,656.76*
19,345.00
2,500.00
2,500.00
Nurses
2,500.00
2,500.00
16.001.46
16,001.46
Norfolk County Hospital
16,001.46
16,175.06
1,125.12
5,000.00
6,125.12
Garbage Disposal
4,875.03
1,250.09
6,000.00
HIGHWAYS
129,000.00
2,725.00
131,725.00
Street Department
128,009.70
3,715.30*
145,850.00
10,000.00
3,617.57
13,617.57
Chapter 90-Construction
13,171.93
445.64
26,700.00
1,499.37
28,199.37
Chapter 90-Maintenance
20,501.66
7,697.71*
11,000.00
11,000.00
Wall-Wessaguset
11,000.00
10,000.00
10,000.00
Weymouth Back River
10,000.00
1.560.00
1,560.00
Harbor Master
1,560.00
1,560.00
37,487.00
37,487.00
Street Lighting
36,986.25
500.75*
37,957.16
PUBLIC WELFARE
250.52
250.52
Study of Relief
250.52
6,681.00
97.80
6,778.80
Administration
6,714 74
64.06*
7,000.00
6,600.00
6,600.00
Town Infirmary
6,495.01
104.99*
7,500.00
10,000.00
10,000.00
Outside Relief-II
6,555.31
3,444.69*
10,000.00
94,700.00
181.25
94.881.25
Outside Relief-III and T. C.
72,710.09
22,171.16*
85,000.00
3,000.000
3,000.00
Town Physicians
3,000.00.
3,000.00
3,000.000
3,000.00
Weymouth Community Service
3,000.00*
32,190.00
32,190.00
Purchase Food Stamps
31,000.00
1,190.00
1,842.00 47,000.00
1,447.94
3,289.94
1,810.22
1,479.72*
2,000.00
Relief
55,071.86
7,564.57*
55,000.00
W. P. A. PROJECTS
70.24
60,000.000 6,570.00
6,330.00
66,400.24
W. P. A. Committee Working New Streets
48,152.35
434.76
18,247.89* 6,135.24*
35,000.00
6,570.00
Aid to Dependent Children : Administration
15,636.43
62,636.43
341
216.43
OLD AGE ASSISTANCE
6,818.00 122.000.00
6,818.00
Town Administration
3,060.93
3,757.07* 1.442.50*
3,400.00
1,569.09
123,569.09
Town Assistance
122,126.59
135,000.00
3,361.22
3,361.22
Federal Grant-Administration
3,361.22
100,613.68
100,613.68
Federal Grant-Assistance
100,613.68
SOLDIERS' BENEFITS
26,150.00
26,150.00
Soldiers' Relief, etc.
17,877.83
8,272.17*
20,000.00
EDUCATION
454,122.17
3,507.27
457,629.44
Support of Schools
457,627.28
2.16*
483,355.00
George-Deen Fund
3,280.26
71.04
Smith-Hughes Fund
1,448.01
2,500.00
342
7,500.00
7,500.00
Land-High School
105.60
7,394.40
10,389.77
10,389.77
Defense Training
9,185.25
1,204.52
LIBRARIES
24,793.00 2,050.00
783.16
25,576.16
Tufts Library and Branches
24,941.63
634.53*
24,680.00 2,050.00
RECREATION
7.150.00
110.00
7,260.00
Parks and Playgrounds
7,254.05
5.95*
7,375.00
UNCLASSIFIED
912.00
912.00
Observance Memorial Day
912.00
912.00
200.00
200.00
Observance Armistice Day
200.00
Tufts Fund Lectures
205.00
112.80
4,387.60
4,500.40
Dog License Fees
4,500.40
550.00
550.00
Mosquito Control
550.00
600.00
307.55
3,043.75
3,351.30
1,448.01
1,448.01
2,500.00
Legion Field-Seats
2,500.00
2,050.00
Fogg Library Reading Room
2,050.00
205.00
205.00
5,250.00
5,250.00
Fire Insurance
4,652.63
597.37*
5,250.00
2,813.00
2,144.58
4,957.58
Miscellaneous Expenses
4,957.58
2,800.00
1,000.00
1,000.00
Rental of Halls
1,000.00
1,000.00
2,493.78
2,493.78
Pensions
2,493.78
2,400.00
22.960.46
22,960.46
Weymouth Retirement System
22,960.46
23,678.00
200.00
200.00
Care Old Cemeteries
200.00
200.00
1,500.00
1,500.00
Care Soldiers' Graves
1,304.54
195.46*
1,500.00
5.000.00
5,000.00
Muncipal Bldgs. Ins. Fund
5.000.00
5,000.00
32,000.00
32,000.00
Reserve Fund
26,673.58
5,326.42*
15,000.00
PUBLIC SERVICE ENTERPRISE
350.00
350.00
Alewife Fishery
350.00
350.00
INTEREST AND DEBT REQUIREMENTS
13.500 00 68,000.00
13,500.00
Interest and Discount
13,382.54
117.46*
12,500.00
68,000.00
General Bonds and Notes
68,000.00
68,000.00
200,000 00
700,000.00
900.000 09
Anticipation of Revenue Notes
700,000.00
200,000.00
AGENCY TRANSACTIONS
139.57
170,598.14 48,416.65
170,737.71 48,416.65
State Liabilities County Liabilities
48,010.97
405.68
REFUNDS
2,282.84+
2,758.34
475.50
Abatement Account-1939
975.13
500.63+
10,190.60
10,190.60
Abatement Account-1940
7,017.87
3.172.73
15,367.83
15.367.83
Abatement Account -- 1941
15.014.07
353.76
213.913.89 1,810,476.07
913,435.07 2,937.825.03
2,585,992.12
351,832.91 1,522.381.30
352,333.54
Balances Overdrafts
500.63
351,832.91
1
Note: Balances designated thus (*) transferred to the General Fund Items designated thus (f) represent overdrafts Balance in Selectmen's Department-5,281.04 to 1942 account for defense activities, 5.38 to General Fund. EMERSON R. DIZER, Town Accountant.
343
167.431.90
3,305.81
TOWN OF WEYMOUTH
BALANCE SHEET
DECEMBER 31, 1941
GENERAL ACCOUNTS
ASSETS
LIABILITIES
Treasurer's Cash
Town
298,788.16 95,310.20
394,098.36
Accounts Receivable :
46,040.85
Taxes-Levy 1940
14,121.74
Water
12,351,36
58,392.21
Levy 1941
161,190.15
175,311.89
Motor Vehicle Excise Taxes :
Levy 1940
112.89
1941 Levy
353.76
3,526.49
Levy 1941
2,951.01
3,063.90
Special Assessments :
M. Veh. Excise Taxes
3,063.90
Moth, 1940
24.00
Moth Assessments
140.25
Moth, 1941
116.25
140.25
Tax Title Revenue
39,712.87
Water Liens Revenue
2,015.84
Departmental Accounts
47,970.35
Water Liens on Taxes:
Water Department :
1940 Accounts
511.82
Rents
27,955.79
1941 Accounts
1,740.49
Construction
1,762.55
29,718.34
Departmental
47,970.35
Water
29,718.34
124,873.86
Water Liens Tax Titles
39,712.87
Tax Possessions-Revenue
4,883.27
Sale of Real Estate
1,300.00
Fire Insurance
602.02
O. A. A .- Refunds
1,222.20
-
Tax Possessions
4,883,27
Temporary Loans : In Anticipation of Revenue : 1941 Account Appropriation Balances : Town
Water
200,000.00
Overlays Reserved for Abatements:
1940 Levy
3,172.73
Revenue Reserved Until Collected :
4, 268.15
344
Appropriation Overdrafts : Overlay -- 1939
500.63
Surplus Revenue : Town Water
221,909.12 82,958.84 304,867.96
$699,658.01
$699,668.01
REAL AND PERSONAL PROPERTY ACCOUNT
Real Estate and Personal Property
$4,650,178,.66
Land
$ 486,375.00
2,311.925.00
Buildings Personal
1,851,878.66
$4,650,178.66
$4,650,178.66
DEBT ACCOUNTS
300,000.00
High School Addition Loan-1923
24,000.00
New Town Infirmary Loan
4,000.00
Bicknell Schoolhouse Loan
15,000.00
Pratt Schoolhouse Addition Loan
12.000.00
High School Addition Loan-1927
78,000.00
Hunt Schoolhouse Addition Loan
50,000.00
Pond Schoolhouse Loan
12,000.00
Bicknell Schoolhouse Addition Loan
54,000.00
Adams Schoolhouse Loan
11,000.00
Nevin Schoolhouse Addition Loan
40,000.00
300,000.00
300,000.00
345
Net General Debt
WEYMOUTH CONTRIBUTORY RETIREMENT SYSTEM FUNDS
Cash and Securities
112,526.03
Annuity Savings Fund-Group I
42,788.37
Annuity Savings Fund-Group II 16,452.88
Annuity Reserve Fund-Group I 1,389.61
Annuity Reserve Fund-Group II 70.65
Pension Accumulation Fund-Group I
36,220.75
Pension Accumulation Fund-Group II
14,723.21
Expense Fund
59.57
Undistributed Earnings, etc.
820.99
112,526.03
112,526.03
TRUST AND INVESTMENT ACCOUNTS
Tufts Fund, Free Public Lectures 5,000.00
Tufts Fund, Free Public Lectures, Income
564.97
Tufts Fund, Reading Room
2,500.00
Tufts Fund, Books
2,500.00
Tufts Fund, Sidewalk and Shade Trees
2,000.00
Tufts Fund, Sidewalk and Shade Trees, Income
82.47
Tufts Fund, Care of Tufts Tomb
500.00
John C. Rhines Fund
10,000.00
John C. Rhines Fund, Income
2,278.15
Elias S. Beals Park Fund
1,000.00
Elias S. Beals Park Fund, Income
55.20
Laban Pratt Hospital. Fund
300,000.00
Laban Pratt Hospital Fund, Income
244,485.59
Laban Pratt Fountain Fund 400.00
Laban Pratt Fountain Fund, Income 470.47
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
Trust and Investment Funds :
Cash and Securities
$ 644,283.32
346
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 Alida M. Denton Library Fund 700.00 Weymouth Back River Bridge Fund 3,000.00 Municipal Buildings Insurance Fund 40,075.44 Martha Hannah King Fund 66.35
$644,283.32
$644,283.32
347
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS 1933 to 1936, INCLUSIVE 1933 1934 1935 1936
General Government
$ 903,252.05 $ 897,539.63 $ 881,872.34 $ 934,627.66
Charities, Soldiers' Benefits
Old Age Asistance
338,549.95
312,430.90
337,577.28
306,620.28
Debt Retirement
80,000.00
70,000.00
70,000.00
70,000.00
Interest and Discount
55,000.00
58,000.00
37,000.00
28,000.00
State Liabilities
228,444.04
151,509.18
151,535.43
146,529.61
County Liabilities
35,104.62
34,288.73
47,500.00
41,000.00
Total Charges
$1,640,350.66 $1,523,768.44 $1,525,485.05 $1,535,777.55
Income Tax
$ 68,482.03 $
89,257.45 $
74,433.35 $ 75,016.97
Corporation Tax
77,228.03
81,753.38
77,439.44
77,439.44
Estimated Receipts
122,225.71
114,343.22
154,398.53
153,374.71
Free Cash Voted
83,943.30
15,000.00
Poll Taxes
13,532.00
13,616.00
13,742.00
14,296.00
O. A. A. Taxes
6,824.00
Highway Offset
O. A. A. Refund
15,433.41
24,000.00
29.686.85
30,000.00
Federal Relief Act
47,518.14
23,792.24
Total Credits
$ 435,186.62
346,762.29
349,700.17
365,127.12
Balance To Be
Raised in Levy
1,205,164.04 1,177,006.15 1,175,784.88 1,170,650.43
Tax Rate
26.00
25.50
25.50
25.50
Net Debt
786,000.00
716,000.00
646,000.00
576,000.00
Borrowing Capacity
646,628.67
711,779.73
778,386.43
850,360.95
Surplus Revenue
130,772.52
184,786.09
170,864.70
176,436.98
348
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS 1937 to 1941, INCLUSIVE 1937 1939
1938
1940
1941
$ 959,750.01 $ 972,684.67
$971,461.11 $ 979,507.77 $1,096,514.99
306,071.18
397,938.31
372,712.31
401,397.34
401,581.29
67,000.00
90,000.00
63,000.00
72,598.66
68,000.00
25,000.00
22,500.00
19,000.00
16,499.50
13,500.00
163,622.81
148,482.80
269,531.28
179,207.67
170.598.14
40,653.85
43,698.28
45,102.38
43,776.04
48,416.65
1,562,097.85 $1,657,304.06 $1,740,807.08 $1,692,986.98 $1,798,611.07
$ 101,759.01 $ 133 944.57 $ 108,173.46 $ 113,291.87 $ 149,980.96
76,456.70
74,746.82
20,458.42
63,918.29
32,807.52
127,100.00
131,680.72
148,989.83
169,314.00
164,046.90
25,000.00
65,000.00
60,000.00
45,000.00
16,400.13
14,300.00
13,698.00
15,468.00
15,536.00
16,182.00
65,177.97
65,177.97
69,340.45
40,000.00
55,000.00
80,010.17
70,686.00
78,000.00
1
$384,615.17 $ 474,070.11 $ 498,277.85 $ 542,924.13 $ 526,757.96
1,177,482.14 1,183,233.95
1,242,529.23 1,150.062.85
1,271,853.11
25.50
25.50
26.50
24.00
25.75
534,000.00
444,000.00
441,000.00
368.000.00
300,000.00
919,382.40
989,018.63
998,980.94
1,097,343.79
1,200,617.72
190,439.82
102,670.20
134,655.88
114,283.37
221,909.12
EMERSON R. DIZER, Town Accountant.
349
DEBT STATEMENT - JANUARY 1, 1942
Assessors' Valuation for the year 1939 Less Abatements to December 31, 1941
47,441,396.00 742,675.00
46,698,721.00
Assessors' Valuation of Motor Vehicles for 1939 Less Abatements to December 31, 1941
1,682,790.00 98,720.00
. 1,584,070.00
48,282.791.00
Assessors' Valuation for the year 1940
49,186,047.00
Less Abatements to December 31, 1941
1,055,677.00
48,130,370.00
Assessors' Valuation of Motor Vehicles for 1940 Less Abatements to December 31, 1941
1,975,750.00
100,975.00
1,874,775.00
50,005,145.00
Assessors' Valuation for the year 1941 Less Abatements to December 31, 1941
49,994,176.00
508,040.00
49,486,136.00
Assessors' Valuation of Motor Vehicles for 1941 Less Abatements to December 31, 1941
158,550.00
2,287,700.00
51,773,836.00
Gross net valuation for the last three years Average valuation 3 per cent
150,061,772.00 50,020,590.67
Total debt of all kinds incurred and outstanding Less debt outside the debt limit :
Water Bonds, General Laws Water Notes, General Laws Anticipation of Revenue Notes
59,000.00 17,500.00 200,000.00
276,500.00
Balance of debt within the debt limit
300,000.00
Borrowing capacity as of December 31, 1941
1,200,617.72
EMERSON R. DIZER, Town Accountant
350
2,446,250.00
1,500,617.72
576,500.00
INCOME OF OFFICIALS DERIVED FROM THE TOWN FROM ALL SOURCES
Elected and appointed officials in the Town of Weymouth for 1941 with the income derived from the Town from all sources.
Town Treasurer :
George E. Curtin
Salary-Town
$1,500.00
Salary-Water Dept.
400.00
Salary-Commissioner 65.00
Selectmen :
Sandy Roulston
Salary
620.00
Board of Appeal
45.00
Water Commissioner
40.00
Everett E. Callahan
Salary
1020.00
Basil S. Warren
Salary
520.00
Water Commissioner
7.78
George E. Lane
Salary
520.00
Joseph A. Fern
Salary
520.00
Town Clerk:
Julian R. Merchant
Salary
800.00
Fees from the Town
1,437.00
Clerk of Registrars
400.00
Collector of Taxes:
Frank W. Holbrook
Commission 5.5 mills
7,635.45
(includes all the office expenses)
Collection Water Liens
58.80
School Committee
Prince H. Tirrell
none
Ethel G. Taylor
none
Wallace H. Drake
none
Clayton W. Nash
none
William F. Shields
none
Joseph W. Mahoney
none
Assessors :
Charles W. Burgess
Salary
900.00
Sealer-Salary
1,000.00
Hairy E. Bearce
Salary
2,250.00
Frank A. Pray
Salary
800.00
John W. Heffernan
Salary
800.00
Francis A. Gunn
Salary
800.00
Water Commissioners:
Ralph P. Burrell
Salary
40.00
George W. Perry
Salary
40.00
A. Wesley Sampson
Salary
32.22
Registrars of Voters:
John F. Reardon
Salary
200.00
Lawrence P. Corridan
Salary
200.00
Edward C. McIntosh
Salary
200.00
Sealer-Transportation
200.00
351
Trustees of Tufts Library :
Clarance P. Whittle Philip T. Jones Kenneth L. Nash
none
none
none
Leighton S. Vorhees
none
Joseph Kelley
none
Franklin N. Pratt
none
Francis N. Drown
none
Francis Haviland
none
David A. J. Burns
none
Board of Selectmen
none
George E. Curtin, Town Treasurer
none
Park Commissioners :
Everett J. McIntosh
Transportation
100.00
Charles W. Burgess
Transportation
100.00
Arthur I. Negus
Transportation
100.00
Board of Health:
Thomas J. MacDonald
Salary
161.40
Frederick L. Doucett
Salary
28.00
Lewis W. Pease
Salary
180.00
Harold A. Spalding
Salary
80.60
Planning Board :
Charles Griffin
none
Frank G. Hale, Jr.
none
Thomas J. Kelly
none
Raymond O. Hollis
none
Henry R. Sargent
none
Roy H. Rosewell
none
Walter B. Heffernan
none
Tree Warden :
V. Leslie Hebert
Wages
1,095.84
Truck Hire
694.09
Moth Department:
William E. MacQuinn
Wages
1,015.50
Transportation
218.75
Annual Moderator: Daniel L. O'Donnell
none
Town Meeting Members
none
Town Counsel :
Kenneth L. Nash
Salary
1,500.00
Trial Cases
2,371.00
Board of Appeal
60.00
Town Accountant:
Emerson R. Dizer
Salary-Town
3,000.00
Salary-Water Dept. 450.00
Superintendent of Streets Thomas J. Kelly
Salary
3,500.00
Superintendent of Water Department: Sydney C. Beane
Salary
3,500.00
352
Welfare Agent: Thomas P. Delahunt
Falary 3,000.00
Salary
150.00
Dog Officer
480.00
Burying Animals
561.00
Inspector of Plumbing : George Marshall
Salary
2,681.00
Transportation
250.00
Building Inspector :
Andrew A. Chisholm
Salary
1,684.84
Transportation
500.00
Town Engineer:
Russell H. Whiting
Salary
none
Supt. and Matron of Town Infirmary Mr. & Mrs. Fred P. Tolman Salary
1,800.00
Electric Light Committee :
Joseph Kelley
none
J. Herbert Libbey
none
Walter R. Field
none
Alfred S. Tirrell
none
Olindo Garagalo
none
-
EMERSON R. DIZER, Town Accountant.
353
Inspector of Animals : John H. Reidy
TOWN TREASURER'S REPORT
To the Citizens of the Town of Weymouth :
Following is my fifth report as your custodian of Town Funds:
RECEIPTS
For Notes given in Anticipation of Revenue:
January 27, 1941, due November 20, 1941 at .13% Discount.
$500,000.00
November 10, 1941, due September 25, 1942, at .125% Discount
200,000.00
$700,000.00
School Department
8,074.72
Street Department
223.35
Licenses and Permits
13,566.75
Town Clerk's Licenses
406.00
Dog Licenses
4,378.60
Sale Dogs
9.00
Building Inspector Permits
1,699.00
Board of Health-Plumbing Inspector
2,686.00
Refund Welfare
13,236.97
State Treasurer
476,330.64
Commonwealth of Masachusetts-a-c Highways, Chap. 420
36,206.23
Commonwealth of Massachusetts-a-c Highways, Chap. 90
3.617.57
County of Norfolk-a-c Highways
514.65
County of Norfolk-a-c Highways
1,499.37
Police Department-Pistol Permits
49.50
Police Department-Settlement accident claim
450.00
Fire Department-Fireworks Permit
12.00
Sealer's Fees
345.99
Rental Sealer's Equipment
10.00
Tax Title Releases
4,077.20
Board of Health
111.50
Board of Health-Dental Clinic
122.35
Water Department-Accounting Department,
550.00
Moth Department
113.00
Court Fines
237.80
Tufts Library Fines
846.87
County Treasurer-Dog Tax Refund
3,502.83
Alewife Fishery
201.40
Income Trust Funds
783.16
Sale Tax Possession Property
1,300.00
Rental Tax Possession Property
257.50
Retirement Board-Accounting Service
458.00
Commission Vending Machines
7.35
Reimbursement repairs Quincy Ave. bridge
3,943.21
Taxes-1939
20,152.46
Taxes-1939 Interest
1,074.32
Taxes-1940
171,778.04
Taxes-1940 Interest
4,568.86
Taxes-1941
1,189,464.42
Taxes-1941 Interest
418.88
Refund Insurance
672.97
Transfor Tufts Lecture Fund-Concerts and Lectures
205.00
Water Department Toward Collecting Expense
1,500.00
Taxes paid after being abated
133.36
Refund Land Court
20.50
Revenue Food Stamp Plan
27,190.00
Sale of Atlases
86.21
354
131.54
Miscellaneous
Total Cash in Banks January 1, 1941
$2,697.225.07 135,490.98
Total
$2.832,716.05
DISBURSEMENTS
Paid on Selectmen's Warrants for:
Notes given in Anticipation of Revenue
Other Notes and Bonds
1,765,927.89
Sundry Appropriations
$2,533,927.89
Cash in Banks December 31, 1941
298,788.16
Total
$2,832,716.05
ASSETS
Due from F. W. Holbrook, Collector of Taxes 1940 $ 14,258.63
Due from F. W. Holbrook, Collector of Taxes 1940 Water Liens
511.82
Due from F. W. Holbrook, Collector of Taxes 1941
164,257.41
Duc from F. W. Holbrook, Collector of Taxes 1941 Water Liens Trust Funds
388,761.68
Accumulated Interest on Trust Funds
269,375.84
Deposits Granite Trust Company of Quincy
3,984.75
Deposits First National Bank of Boston
99,783.33
Deposits Second National Bank of Boston
25.000.00
Deposits Merchants National Bank of Boston
47,970.35
Sundry Bills Receivable
1,273,588.53
Less outstanding checks
99,355.76
Total Assets
1,174,232.77
LIABILITIES
1942
$ 6,000.00
July 1, High School Building, 4 1-4 per cent
2,000.00
July 1, Town Home, 4 1-4 per cent
4,000.00
July 1, Pond Plain Schoolhouse, 4 1-4 per cent
10,000.00
July 1, New Adams School, 4 1-2 per cent
3,000.00
Aug. 1, Nevin School Addition 3-4 of 1 per cent
10,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 por cent
3,000.00
Nov. 1, Bicknell Schoolhouse, 4 1-4 per cent
5,000.00
Nov. 1, High School Building Addition 3 3-4 per cent
13,000.00
$ 68.000.00
355
July 1, Bicknell School Addition, 4 per cent
12,000.00
July 1, New Hunt Schoolhouse, 4 1-2 per cent
$ 700,000.00 68,000.00
Total
1,740.49
257,944.23
1943
July 1, Bicknell School Addition, 4 per cent
$ 6 000 00
July 1, High School Building, 4 1-4 per cent
12,000.00
July 1, Town Home, 4 1-4 per cent
2,000.00
July 1, Pond Plain Schoolhouse, 4 1-4 per cent
4,000.00
July 1, New Hunt Schoolhouse, 4 1-2 per cent
10,000.00
July 1, New Adams School, 4 1-2 per cent
3,000.00
Aug. 1, Nevin School Addition, 3-4 of 1 per cent
10,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 per cent
3.000.00
Nov. 1, Bicknell Schoolhouse, 4 1-4 per cent
5.000.00
Nov. 1, High School Building Addition, 3 3-4 per cent
13,000.00
1944-1950
July 1, Bicknell School Addition 1944-1950
$ 42.000.00
July 1, Pond Plain Schoolhouse, 1943-1944
4,000.00
July 1, New Hunt School House, 1943-1946
30,000.00
July 1, New Adams School, 1943-1945
5.000.00
Aug. 1, Nevin School Addition, 1943-1945
20,000.00
Oct. 1, Pratt Schoolhouse Addition, 1943-1945
6 000.00
Nov. 1, Bicknell Schoolhouse, 1943-1944
5,000.00
Nov. 1, High School Building Addition, 1943-1947
52,000.00
$164,000.00
TOTAL AMOUNT OF NOTES AND BONDS OUTSTANDING
Bicknell School Addition, 1942-1950
$ 54,000.00
High School Building Addition, 1942-1943
24.000.00
Town Home, 1942-1943
4.000.00
Pond Plain Schoolhouse, 1942-1944
12.000.00
New Adams Schoolhouse, 1942-1945
50,000.00
Nevin School Addition, 1942-1945
40,000.00
Pratt Schoolhouse Addition, 1942-1945
12,000.00
Bicknell Schoolhouse, 1942-1944
15,000.00
High School Addition, 1942-1947
78,000.00
Total debt except Anticipation of Revenue Notes
$300.000 00
Anticipation of Revenue Notes 1942
200.000.00
Total
$500,000.00
TRUST FUNDS LABAN PRATT HOSPITAL FUND
Original bequest July 22, 1925
$300,000.00
Interest on Bank Deposits to Dec. 31, 1940
232,172.84
Total Fund January 1, 1941
$532.172.84
INCOME 1941
East Weymouth Savings Bank, Interest
$3,370.74
South Weymouth Savings Bank, Interest
3,380.38
Weymouth Savings Bank, Interest
3,051.26
Granite Trust Co., Savings Dept., Interest
2,510.37
12,312.75
356
$ 68,000.00
New Hunt Schoolhouse, 1942-1946
11,000.00
Total Fund December 31, 1941
$544,485.59
INVESTMENTS OF THIS FUND
Deposited in East Weymouth Savings Bank
$137,363.63
Deposited in South Weymouth Savings Bank
137,756.32
Deposited in Weymouth Savings Bank
137,913.85
Deposited in Granite Trust Co., Savings Dept.
131,451.79
Total Fund December 31, 1941
$544,485.59
LABAN PRATT FOUNTAIN FUND
Bequest deposited in Weymouth Savings Bank in 1925 Interest to December 31, 1940
$ 400.00
451.22
Total Fund January 1, 1941
$ 851.22
Interest received during 1941
19.25
Total Fund in Weymouth Savings Bank, Dec. 31, 1941
$ 870.47
1
MUNICIPAL BUILDINGS INSURANCE FUND
Deposited in Banks, May 8, 1930
$ 10,000.00
Added by vote of Town to December 31, 1940
17,507.00
Interest on Bank Deposits to Dec. 31, 1940
6,756.51
Total Fund January 1, 1941
$ 34,263.51
Added by vote of Town during 1941
5.000.00
Interest received during 1941
811.93
Total Fund December 31, 1941
$ 40,075.44
INVESTMENTS OF THIS FUND
Deposited in East Weymouth Savings Bank.
$ 13,829.94
Deposited in Weymouth Savings Bank
8,831.09
Deposited in South Weymouth Savings Bank
8,815.86
Deposited in Granite Trust Co., Savings Dept.
8,598.55
Total Fund December 31, 1941
$ 40,075.44
JOHN C. RHINES FUND
Bequest March 10, 1924, Income for any Public Purpose
$ 10,000.00
INVESTMENTS OF THIS FUND
Deposited in Weymouth Savings Bank
$ 5,000.00
Deposit in South Weymouth Savings Bank
2.500.00
Deposit in Granite Trust Co., Savings Dept.
2,500.00
Total Fund December 31, 1941
$ 10,000.00
357
JOHN C. RHINES INCOME ACCOUNT
Income received to January 1, 1941
$ 2,005.24
Interest received during 1941
272.91
Balance on hand Granite Trust Co., Savings Dept .. ,
Dec. 31, 1941
$ 2,278.15
Total Fund on Deposit December 31, 1941 : Principal
$ 10,000.00
Income Account
272.91
$ 10,272.91
ELIAS S. BEALS FUND
Income for care of Beals Park, Original Bequest
$ 1,000.00
Total Fund to January 1, 1941 Interest received during 1941
$ 1,029.31
25.89
Total Fund in South Weymouth Savings Bank Dec. 31, 1941
$ 1,055.20
JOSEPH E. TRASK FUND
Income for benefit of Tufts Library, Total Fund January 1, 1941
$ 12,805.88
Interest received during 1941 $299.45
Paid Town of Weymouth, Tufts Library Acct. 299.45
Total Fund on Deposit December 31, 1941
$ 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 Granite Trust Co. Savings Dept.
4,705.88
Total Fund December 31, 1941
$ 12,805.88
SUSAN HUNT STETSON FUND
Income for benefit of Tufts Library, Total Fund January 1. 1941 $ 2,500.00 Interest received during 1941 $ 56.25
Paid Town of Weymouth for Tufts Library Account 56.25
Total Fund in Weymouth Savings Bank, December 31, 1941 $ 2,500.00
CHARLES Q. TIRRELL FUND
Income for benefit of the Tufts Library, Total Fund January 1, 1941 $ 1,000.00
Interest received during 1941 $ 22.50
Paid Town of Weymouth for Tufts Library Account 22.50
Total Fund in Weymouth Savings Bank Deember 31, 1941 $ 1,000.00
358
WALTER G. FORSYTHE FUND
Income for benefit of the Tufts Library, Total Fund
$ 1.000.00 January 1, 1941 $ 22.50
Interest received during 1941 Paid Town of Weymouth, Tufts Library Acct.
22.50
Total Fund in Weymouth Savings Bank December 31, 1941 $ 1,000.00
AUGUSTUS J. RICHARDS FUND
Income for Benefit of Tufts Library, Total Fund January 1, 1941 $ 5,000.00 Interest received during 1941 $ 115.00
Paid Town of Weymouth, Tufts Library Acct. 115.00
Total Fund on Deposit, December 31, 1941 $ 5,000.00
INVESTMENTS OF THIS FUND
Deposit in Weymouth Savings Bank
$ 2,000.00
Deposit in South Weymouth Savings Bank
1,500.00
Deposit, in Granite Trust Co., Savings Dept.
1,500.00
Total Fund on Deposit, December 31, 1941
$ 5,000.00
ARTHUR E. PRATT FUND
Income for benefit of Tufts Library, Bequest December 1935,
$ 3.000.00 Total Fund January 1, 1941
Interest received during 1941 $ 67.50
Paid Town of Weymouth, Tufts Library Acct.
67.50
Total Fund in Weymouth Savings Bank December
31, 1941 $ 3,000.00
WILLIAM H. PRATT FUND
Income for benefit of Tufts Library, Bequest June 19.36,
$
2,798.80
Total Fund January 1, 1941
Interest. received during 1941 $ 69.96
Paid Town of Weymouth Tufts Library Acct. 69.96
Total Fund in East Weymouth Savings Bank December
31, 1941 $ 2,798.80
CHARLES HENRY PRATT FUND
Income for benefit of Tufts Library, Bequest May 1923. Total Fund January 1, 1941 $ 500.00
Interest received during 1941 $ 12.50
Paid Town of Weymouth Tufts Library Acct. 12.50
Total Fund in East Weymouth Savings Bank December 31, 1941 $ 500.00
359
ALIDA M. DENTON FUND IN MEMORY OF ZACHARIAH L. BICKNELL
Income for Benefit of Tufts Library, Bequest January 30, 1940
Interest received during 1941
$
17.50
Paid Town of Weymouth Tufts Library Acct.
17.50
Total Fund in East Weymouth Savings Bank, December 31, 1941 $ 700.00
MARTHA HANNAH KING FUND
Income for care of Foye Family Graves, Bequest March 1932
Income received to January 1, 1941
$ 14.90 $ 50.00
Interest received during 1941
1.45
16.35
Total Fund in Weymouth Savings Bank, December
31, 1941
$ 66.35
QUINCY TUFTS BEQUEST FOR FREE PUBLIC LECTURES
Bequest -deposited in Massachusetts Hospital Life Insur- ance Company, Annuity in Trust G-4746
$ 5,000.00
INCOME ACCOUNT
Total Available in Income Account, January 1, 1941
Interest received during 1941 from Massa-
$ 655.22
chusetts Hospital Life Insurance Co.
$ 100.00
Interest received during 1941 from Wey- mouth Savings Bank
14.75
114.75
Expended for Public Lectures and Concerts during 1941
$ 769.97
Total Available in Income Account
Weymouth Savings Bank, December 31, 1941
$ 564.97
Total Amount of this Fund Principal
$ 5,000.00
Income Account
564.97
$ 5,564.97
QUINCY TUFTS FUND FOR CARE OF TUFTS FAMILY TOMB
Bequest deposited in Massachusetts Hospital Life Insur- ance Company, Annuity in Trust G-4747 Interest received during 1941
$ 500.00
Paid Treasurer of No. Weymouth Cemetery Association
$ 10.00
10.00
Total Fund December 31, 1941
500.00
360
$ 700.00
205.00
QUINCY TUFTS BEQUEST FOR SHADE TREES AND SIDEWALKS
Deposited in Massachusetts Hospital Life Ins. Co., An- nuity in Trust G-4748
$ 2.000.00
Total available in Income Account January 1, 1941
$ 40.91
Interest received during 1941 from Massachusetts
Hospital Life Insurance Co. 40.00
Interest received during 1941 from Weymouth
Savings Bank 1.56
41.56
Total Available in Income Account, Weymouth Savings Bank, December 31, 1941 $ 82.47
Total Amount of this Fund Principal
$ 2,000.00
Income Account
82.47
$ 2,082.47
QUINCY TUFTS BEQUEST FOR MAINTENANCE OF READING ROOM
Deposited in Massachusetts Hospital Life Insurance Co.,
Annuity in Trust G-4746
$ 2,500.00
Interest received from Mass. Life Insurance
$50.00
Paid Town of Weymouth. Tufts Library Acct.
50.00
Total Fund December 31, 1941 $ 2,500.00
QUINCY TUFTS BEQUEST FOR BOOKS FOR TUFTS LIBRARY Deposited in Mass. Hospital Life Insurance Co., Annuity in Trust G-4746 $ 2,500.00
Interest received from Mass. Life Insurance
$50.00
Paid Town of Weymouth, Tufts Library Acct.
50.00
Total Fund December 31, 1941 $ 2,500.00
WEYMOUTH BACK RIVER BRIDGE FUND
Massachusetts Hospital Life Insurance Co.,
Annuity in Trust A-023
$ 3,000.00
(Accumulated Interest 1923-1941)
2,422.59
Total Fund December 31, 1941
$ 5,422.59
TOTAL OF ALL TRUST FUNDS $388.761.68
TOTAL OF ACCUMULATED INCOME ON TRUST FUNDS 257,944.23
GRAND TOTAL $646,705.91
361
Co. in 1941
Co. in 1941
WEYMOUTH CONTRIBUTORY RETIREMENT FUNDS
Balance January 1, 1941 In Banks Securities (Par Value)
$ 65,220.28
25,000.0
Balance January 1, 1941 :
$ 90,220.28
RECEIPTS 1941
Members Contributions
$14,814.07
Town Appropriation
22,960.46
Sale of Bonds
4,785.68
Interest on Bonds
1,591.25
Interest on Bank Accounts
1,091.92
$45,243.38
DISBURSEMENTS 1941
Retirement Allowances
$14,056.38
Bonds Purchased
45,454.40
Services (Acct. Dept.)
458.00
Supplies and Incd.
58.97
Refund of Contributions
1,880.78
$61,908.53
INVESTMENT OF FUNDS, DECEMBER 31, 1941
Granite Trust Co. Checking Account
$ 5,749.77
East Weymouth Savings Bank
24,803.20
South Weymouth Savings Bank
8,725.81
Granite Trust Co., Savings Dept.
5,126.10
Weymouth Savings Bank
4,150.25
No. Weymouth Cooperative Bank (Paid up shares)
1,966.50
Bonds (Par Value)
75,000.00
$125,521.63
Respectfully submitted,
GEORGE E. CURTIN,
Treasurer of the Town of Weymouth. Weymouth, Mass. Jan. 28, 1942.
I have examined the accounts of George E. Curtin, Treasurer of the Town of Weymouth, and find them correct. The securities of the Town were examined and found to be as stated in the report of the Town Treasurer.
EMERSON R. DIZER
Town Accountant
362
REPORT OF THE WEYMOUTH RETIREMENT SYSTEM
Weymouth, Mass.
January 26, 1942
To the Honorable Board of Selectmen
and the Citizens of Weymouth :
The Weymouth Retirement Board submits the following report, of its activities for the year 1941.
Members of the System January 1, 1941
14
Enrolled
1
Deaths
9
Withdrawals
3
Retirements
203
Membership December 31, 1941
20
Pensioners January 1, 1941
3
Retired in 1941
Beneficiaries for accidental death
2
Deaths
23
FINANCIAL REPORT FOR THE YEAR 1941 INCOME
From members:
Regular contributions-Group I
3,955.88
Regular contributions-Group II
From Municipality :
14,790.00
Accured Liability contribution
7.540.00
Normal Liability contribution
172.46
Interest Deficiency
458.00
Expense Fund
1.091.92
Interest on Deposits
1,592.81
Coupons on Bonds
395.65
Profit on Sales
40,854.91
DISBURSEMENTS
Annuity Payments :
184.55
To members retired in Group I
21.57
To members retired in Group II
Pension Payments :
To members retired in Group I
3,840.07
Refunds:
1,712.97
To members
167.81
To heirs of annuitants
456.05
Accrued interest
Expenses :
458.00
Clerical work
37.24
Stationery and supplies
10.73
Postage
6.00
Safe deposit box
5.00
16,910.18
Association membership
23,944.73
Increase for the year
10,010.19
To members retired in Group II
10,858.19
Membership December 31, 1941
202
363
BALANCE SHEET - DECEMBER 31, 1941 ASSETS
Treasurer's Cash :
East Weymouth Savings Bank
South Weymouth Savings Bank
24,803.20
Granite Trust Co., Savings Dept.
8,725.81
Weymouth Savings Bank
5,126.10
4,150.25
Granite Trust Co., Commercial Dept. Investments (Cost)
5,749.77
North Weymouth Co-operative Bank-Shares
62,004.40
Investment Income (deficiency)
1,966.50
1,017.39
113,543.42
LIABILITIES
Annuity Savings Fund-Group I
Annuity Savings Fund-Group II
42,788.37
Pension Accumulation Fund-Group I
16,452.88
Pension Accumulation Fund-Group II
36,220.75
Annuity Reserve Fund-Group I
14,723.21
Annuity Reserve Fund-Group II
1,389.61
70.65
59.57
1,838.38
113,543.42
SCHEDULE OF BONDS OWNED DECEMBER 31, 1941
Description of Bonds
Coupon Rate
Maturity
Par Value
Amortized
Atlantic Coast Line
4
July 1, 1952
10,000
7,553.87
C.B. & Q.R.R.
4
July 1, 1949
5,000
5,150.36
Great Northern Ry.
4
July 1, 1946
10,000
9,547.16
Northern Pacific
4
Jan. 1, 1997
10,000
6,958.45
Southern Railway
5
July 1, 1994
10,000
9,272.01
75,000
62,229.76
Central Pacific
4
Aug. 1, 1949
5,000
3,701.40
C.B. & Q.R.R.
4
March 1, 1958
5,000
4,958.64
New York Central
31%
July 1, 1997
10,000
8,480.69
Southern Pacific
4
Jan. 1, 1955
10,000
6,607.18
Expense Fund
Profit on Sales
Value
364
PAYMENTS TO PENSIONERS IN 1941
Joseph A. Rogers
480.00
Emil J. Olson
480.00
George S. Smith
480.00
Henry W. Blanchard
480.00
Fred L. Glover
400.00
John F. Fogarty
480.00
Miles P. Keene
785.32
James F. Mitchell
480.00
Thomas Sweeney
667.50
William D. Coleran
38.08
John H. Smith
821.95
Danena E. Blanchard
1,170.00
James P. Maguire
480.00
Thomas Shea
232.60
Charles E. Dunbar
361.91
Frank E. Larmey
777.48
Frederick W. Stoddard
372.57
Mary A. McCarthy
1,560.00
James J. Higgins
480.00
Mary M. Dingwall
360.00
Charles F. Coolidge
1,131.64
Benjamin F. Veno
336.00
Jeremiah Donovan
480.00
Edward F. McIntosh
241.33
Hugh C. Gilker
480.00
Respectfully submitted,
Francis L. Gaughen, Chairman
Emerson R. Dizer, Secretary
Harold S. Gardner
Weymouth Retirement Board
365
SA
WES
USSET 1622
LABORARE
EST
VINCERE
MASSACHUSETTS
*3.1635.
635
TABLE OF CONTENTS
Alewive Fisheries, report of
196
Annual Town Meeting Warrant
12
Assessors Report
198
Auditor's Report
67
Births
123
Board of Health, report of
207
Board of Public Welfare, report of
193
Building Inspector, report of
180
Bureau of Old Age Assistance, report of
194
Burial Agent, report of
197
Dairy & Milk Inspector, report of
207
Deaths
174
Dental Clinic, report of
205
Election, Town, March 10, 1941
60
Electric Lighting Committee, report of
224
Fire Department, report of
189
Fire Department Apparatus
191
Harbor Mastor, report of
186
Inspector of Animals, report of
204
Marriages
149
Moth Superintendent, report of
188
Municipal Airport Committee, report of
306
Park Commissioners, report of
281
Planning Board, report of
277
Plumbing Inspector, report of
193
Police Department, report of
195
Purchasing Committee, report of
304
Registrars of Voters, report of
185
School Department, report of
225
Scaler of Weights and Measures, report of
196
Shell Fish Constable, report of
185
Supt. Fire Alarms, report of
192
Supt. of Streets, report of
205
Tax Collector, report of
201
Town Accountant, report of
307
Town Clerk's Financial Report
184
Town Clerk's Statistical Report
184
366
Jury List
116
Memorial Day Observance Committee, report of
187
222
Town Counsel, report of
Town Engineer, report of
274
Town Infirmary, report of
193
Town Treasurer, report of
354
Town Meeting, Annual, March 3
12
Town Officials
3
Town Treasurer, report of
354
Trec Department, report of
275
Tufts Library, Trustees, Annual report of
209
Tufts Lecture Fund Committee, report of
196
Visiting Nurse Asso., report of
224
Veteran's Graves, report of
197
Water Department, report of W.P.A., report of
280
Weymouth Committee On Public Safety
276
Weymouth Retirement Board, report of
363
367
283
2
.
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