USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1947 > Part 21
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19,885.38
160,114.62
80,000.00
HIGHWAYS
Highway Department:
56,991.70
56,991.70
Salaries
46,028.82
10,962.88
43,925.00
76,638.30
76,638.30
Wages
73,784.92
2,853.38
86,675.00
19,000.00
19,000.00
Equipment and Supplies
13,942.02
5,057.98
8,700.00
23,750.00
23,750.00
Other Expenses
23,620.63
129.37
35,050.00
16,452.26
18,300.00
34,752.26
New Equipment
26,312.68
8.439.58
15,700.00
3,000.00
3,000.00
Chapter 90 - Maintenance
78.62
2,921.38
1,600.00
1,600.00
King Avenue
1,493.97
106.03
1,350.00
1,350.00
West and Main Streets
1,257.77
92.23
425.55
425.55
Raleigh Road
364.40
61.15
1,756.75
1,756.75
Welland Road & Clematis Ave.
1,710.50
46.25
3,900.00
3,900.00
2,456.89
1,443.11
1,100.00
1,100.00
Columbian Square Drainage
846.57
253.43
7,500.00
7,500.00
Permanent Sidewalks
5,196.00
2,304.00
100.00
100.00
Easement - 755 Pleasant Street
100.00
25,000.00
25,000.00
Sea Wall Construction
25,000.00
1,820.00
1,820.00
Harbor Master
1,820.00
1,820.00
40,714.00
40,714.00
Street Lighting
39,671.38
1,042.62
41,295.84
285
40,000.00
40,000.99
Chapter 90 - Construction
14,465.81
25,534.19
Special Construction Projects :
Revere Road, King Oak Terrace and Lone Pine Path
PUBLIC WELFARE
4,410.00 8,178.00 54,788.06
232.63 18,123.46
4,410.00 8,410.63 72,911.52
Administration
4,358.11
51.89 51.94
5,948.00 8,475.00 95,000.00
5,431.60 54,711.94
541.68 16,980.83
5,973.28 71,692.77
Town Infirmary Outside Relief Aid to Dependent Children: Administration Relief
5,346.39
626.89
5,815.00 79,600.00
OLD AGE ASSISTANCE
9,953.40 210,000.00
2,572.29
Town - Assistance
212,363.98
208.31
234,000.00
5,079.06 152,036.97
9,953.40 212,572.29 5,079.06 152,036.97
U. S. Grant - Administration
U. S. Grant - Assistance
VETERANS' SERVICES
285
47,462.00
719.85
48,181.85
Soldiers' Relief, etc.
43,572.07
4,609.78
70,180.00
EDUCATION
812,870.18
789.59
813,659.77 2,500.00
Support of Schools Legion Field Seats
813,659.38
39
95,678.00
2,500.00 1.00
1.00
Vocational School Committee
1.00
LIBRARIES
42,800.45
802.56
43,603.01 18,400.00
Tufts Library and Branches Tufts Library Renovation
43,042.10
560.91 18,400.00
46,929.55
18,400.00
3,690.00
3,690.00
Fogg Library Reading Room
3,690.00
3,455.00
Town - Administration
3,762.45
6,190.95
13,612.00
8,358.69 72,911.28
24
71,692.77
5,079.06 152,036.97
.
2,500.00
RECREATION
300.00
13,977.45 600.00
500.00
14,777.45 600.00
Parks and Playgrounds Recreation Program
14,735.15
42.30
18,188.40
600.00
UNCLASSIFIED
1,350.00
150.00
1,500.00
Observance Memorial Day
1,402.51
97.49
1,500.00
6,663.43
6,663.43
Fire and Other Insurance
6,463.42
200.01
6,114.74
2,200.00
2,200.00
Pensions
2,200.00
2,085.00
25.00
25.00
Purchase of Ammunition
25.00
500.00
500.00
Mosquito Control
500.00
500.00
200.00
200.00
Purchase Fish and Game
200.00
800.00
800.00
Testimonial Folders
800.00
2,847.00
2,847.00
Miscellaneous Expenses
2,427.52
419.48
2,847.00
3,000.00
3,000.00
Rental of Halls Expense
2,993.33
6.67
3,000.00
3,489.00
3,489.00
Repairs to G.A.R. Monument
3,172.25
316.75
1,730.00
1,730.00
Care of Soldiers' Graves
1,430.20
299.80
1,700.00
300.00
300.00
Care of Old Cemeteries
300.00
300.00
100.00
100.00
Care of Soldiers' Monument
100.00
100.00
31,425.00
31,425.00
Weymouth Retirement System
31,425.00
33,865.36
1.00
1.00
Municipal Bldgs. Ins. Fund
1.00
5,000.00
25,000.00
25,000.00
Reserve Fund
24,988.30
11.70
25,000.00
1
PUBLIC SERVICE ENTERPRISE
500.00 2,500.00
500.00
Alewife Fishery Improvement Alewife Fishery
409.41
90.59 2,500.00
400.00
INTEREST AND DEBT REQUIREMENTS
2,477.50
870.61
3,348.11 19,000.00
Interest and Discount General Bonds and Notes
3,348.11
3,850.00
19,000.00
19,000.00
6,000.00
$63,460.58
$2,306,178.76
$213,936.40
$2,583,575.74
$2,284,960.85
$298,614.89 $2,380,964.48
260.71
260.71
Tufts Fund Lecture
260.71
287
2,500.00
EXCESS AND DEFICIENCY ACCOUNT
Balance, January 1, 1947
$343,974.77
Charges:
Appropriations, March 3, 1947:
Fire Equipment
$14,000.00
Street Equipment
18,300.00
Reserve Fund
25,000.00
Chapter 90 - Construction
40,000.00
Sidewalks
7,500.00
World War II Memorial Committee
1,000.00
Fish Way
2,500.00
Sea Wall
25,000.00
Acquiring Tax Titles
4,244.46
137,544.46
$206,430.31
Credits :
Aid to Highways Revenue:
Chapter 90 Construction No. 9976
$2,907.53
Chapter 90 Construction No. 10476
6,601.62
Tax Titles Redeemed
1,595.71
Excess Revenue 1947
130,750.87
141,855.73
$348,286.04
LIMITATION OF INDEBTEDNESS STATEMENT
January 1, 1948
Under Chapter 44, Section 10 of the General Laws (Ter. Ed.) as amended in 1946, the amount the Town may borrow within the debt limit in addition to the present debt is as follows:
Valuation for the three preceding years, including Motor Vehicles less abatements to December 31, 1947.
1945 Valuations
$52,967,990.00
1946 Valuations
53,617,638.00
1947 Valuations
55,553,808.00
$162,139,436.00
Abatements:
1945
1946
$484,470.00 398,530.00 301,830.00
1,184,830.00
Net Valuation
Average Net Valuation
5% of Average Valuation
Total Outstanding Debt December 31, 1947
$92,000.00
Less Debt Outside Debt Limit
74,000.00
18,000.00
Borowing Capacity January 1, 1948
$2,664,576.77
1947
$160,954,606.00 53,651,535.33 2,682,576.77
288
TOWN OF WEYMOUTH - MASSACHUSETTS
BALANCE SHEET
JANUARY 1, 1948
Treasurer's Cash:
Excess of Settlement with the Granite Trust Company
$1,045.80
Town
$516,144.00 132,712.30 $648,856.30
Withholding Taxes for U. S. Treasury
11,457.23
Dog License Fees for County
182.00
Water Construction Deposits
346.00
Post-War Fund-Sewer Construction
100,000.00
Federal Settlement-Great Hill Park
3,520.00
Sale of Real Estate
14,925.42
Tailings Account
331.94
O. A. A .- Recoveries
1,622.81
Taxes-Levy 1946-Real Estate
2,154.12
Levy 1947-Polls
272.00
Levy 1947-Personal
2.132.99
Levy 1947-Real Estate
89,538.50
94,097.61
Reserve Fund-Overlay Surplus
53,280.41
Motor Vehicle Excise Taxes :
Levy 1946
2.83
Levy 1947
6,958.15
6,960.98
Revenue Reserved Until Collected :
Motor Vehicle Excise Taxes
$6,960.98
Departmental:
Streets
296.08ª
Public Welfare
5,757.58
Old Age Assistance
424.22
Hall Rentals
160.00
Vocational School
2,335.97
8,973.85
Unexpended Appropriation Balances:
Post-War Planning Committee
$6,080.37
Water Department:
Rates
30,940.30
Fire Department-Other Expenses
1,010.97
Construction
4,844.02
35,784.32
Fire Department-New Equipment Garbage Disposal
14,000.00
5,375.16
25.89
Smith-Hughes Fund
20.84
Overlays Reserved for Abatements: Levy of 1946 Levy of 1947
2,154.12
26,803.86
Tax Title Revenue
16,515.25
Tax Possession Revenue
14,195.59
Departmental
8,973.85
Water
36,675.60
$83,321.27
World War II Memorial Committee
1,000.00
Water
Accounts Receivable :
Federal Grants: George-Deen Fund
289
290
Water Liens:
Construction Sewerage System
160,114.62
Street Department New Equipment
8,439.58
Chapter 90 Construction
25,534.19
Chapter 90 Maintenance
2,921.38
Tax Titles
16,515.25
Tax Possessions
14,195.59
Legion Field Seats
2,500.00
Tufts Library
175.00
State Liabilities-Underestimates:
Tufts Library-Renovation
18,400.00
South Metropolitan Sewerage System
4,956.00
Recreational Program
600.00
Metropolitan Parks Tax
793.73
Testimonial Folders
800.00
Improvement Alewife Fishery
2,500.00
$251,755.27
Water Department:
Major Construction
$67,937.23
Water Mains Construction
22,296.01
Purchase Land-Great Pond
2,375.77
Purchase Land-Essex Street
473.99
Equipment Account
2,374.13
Stock Account
7,707.24
$103,164.37
State Liabilities-Overestimates:
Charles River Basin Tax
$340.75
Nantasket-Maintenance
199.93
Smoke Inspection
43.03
$583.71
Surplus Revenue :
Town
$348,286.04
Water
29,201.93
$377,487.97
$932,028.91
$932,028.91
EMERSON R. DIZER, Town Accountant
-
. ..
Overlay Deficit-Taxes 1944
4.00
Taxes 1946
20.88 870.40
891.28
Taxes 1947
Permanent Sidewalks-Material
2,304.00
MUNICIPAL INDEBTEDNESS
Net Funded Debt-General Water
$18,000.00 Bicknell School Addition 74,000.00 Water Loan-August 15, 1934 Water Loan-October 1, 1946
$18,000.00 29,000.00 45,000.00
$92,000.00
$92,000.00
TRUST AND INVESTMENT FUNDS
Cash and Securities
$1,332,766.06
Tufts Fund, Free Public Lectures
$5,000.00
Tufts Fund, Free Public Lectures-Income
903.81
Tufts Fund, Books
2,500.00
Tufts Fund, Reading Room
2,500.00
Tufts Fund, Sidewalk and Shade Trees
2,000.00
Tufts Fund, Sidewalk and Shade Trees-Income
38.64
Tufts Fund, Care Tufts Tomb
500.00
John C. Rhines Fund
10,000.00
John C. Rhines Fund-Income
3,880.55
Elias S. Beals Park Fund
1,000.00
Elias S. Beals Park Fund-Income
144.88
Laban Pratt Hospital Fund
300,000.00
Laban Pratt Hospital Fund-Income
320,352.65
Laban Pratt Fountain Fund
400.00
Laban Pratt Fountain Fund-Income
585.64
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
3,00.00
Charles Henry Pratt Library Fund
+ 500.00
291
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
107,594.43
Martha Hannah King Fund 75.09
Ashwood Cemetery Fund
1,879.04
Post-War Rehabilitation Fund 500,000.00
Post-War Rehabilitation Fund-Income 41,106.65
$1,332,766.06
$1,332,766.06
EMERSON R. DIZER, Town Accountant
292
TOWN TREASURER'S REPORT
To the Citizens of the Town of Weymouth
Treasurer's Cash January 1, 1947
Total Receipts for 1947
$338,422.75 3,242.126.31
Disbursements on Selectmen's Warrants
3,064,405.06
Treasurer's Cash December 31, 1947
$516,144.00
For details of Receipts and Disbursements
please see Accountant's Report.
Respectfully submitted, HARRY I. GRANGER,
Town Treasurer
ASSETS
Due from Frank W. Holbrook, Collector of Taxes, for 1946
$2,156.95
Due from Frank W. Holbrook, Collector of Taxes, for 1946 Water Liens
20.88
Due from Frank W. Holbrook, Collector of Taxes, for 1947
98,901.64
Due from Frank W. Holbrook, Collector of Taxes, for 1947 Water Liens 870.40
Trust Funds and Accumulated Interest
791,659.41
Deposits Granite Trust Company
527,141.78
Deposits First National Bank, Boston
3,984.75
Deposits Second National Bank, Boston
5,000:00
Deposits Merchants National Bank, Boston
5,000.00
Sundry Bills Receivable 8,973.85
Town of Weymouth Post War Rehabilitation Fund 500,000.00
Interest on Post War Rehabilitation Fund to December 1, 1947
41,106.65
Total Assets December 31, 1947
$1,984,816.31
LIABILITIES
TOTAL AMOUNT OF NOTES AND BONDS OUTSTANDING
Bicknell School Addition 1948-1950
$18,000.00
Total Liabilities December 31, 1947
$18,000.00
NOTES AND BONDS DUE 1948 1
Bicknell School Addition, 4%, July 1
$6,000.00
Total amount due 1948 $6,000.00
293
$3,580,549.06
WEYMOUTH CONTRIBUTORY RETIREMENT FUNDS
Balance January 1, 1947 (In Banks) U. S. Government Obligations and Corporation Bonds
$10,759.18
250,000.00
North Weymouth Bank Shares
2,000.00
$262,759.18
RECEIPTS 1947
Members Contributions
$27,330.29
Town Appropriation
31,425.00
Interest on Bonds
6,786.00
Interest on Bank Accounts
266.92
$65,808.21
DISBURSEMENTS 1947
Retirement Allowances
$28,214.92
Bond Purchases
20,063.73
Services (Acct. Dept.)
728.00
Supplies and Incidentals
392.54
Safe Deposit Box
10.00
Refund of Contributions
5,586.22
Association Membership
5.00
$55,000.41
INVESTMENT OF FUNDS
Garnite Trust Balance Checking Account December 31, 1947
$222.79
East Weymouth Savings Bank
21,343.19
North Weymouth Cooperative Bank
2,000.00
U. S. Savings Bonds
195,000.00
U. S. Victory Bonds
15,000.00
Other Corporate Bonds
60,000.00
$293,565.98
TRUST FUNDS LABAN PRATT HOSPITAL FUND
Bequest July 22, 1925
$300,000.00
Interest to December 31, 1946
306,274.17
Total Fund January 1, 1947
$606,274.17
Income during 1947
14,578.48
$620,852.65
Transferred to Granite Trust Checking account
500.00
Total Fund December 31, 1947
$620,352.65
294
INVESTMENTS OF THIS FUND
East Weymouth Savings Bank South Weymouth Savings Bank Weymouth Savings Bank Granite Trust Checking Account U. S. Government Bonds
$135,385.28
163,509.81
121,442.90
14.66
200,000.00
Total
$620,352.65
LABAN PRATT FOUNTAIN FUND
Total Fund January 1, 1947
$961.47
Interest received during 1947
24.17
Total Fund December 31, 1947
$985.64
MUNICIPAL BUILDING INSURANCE FUND
Total Fund January 1, 1947
$104,996.44
Added by Vote of Town in 1947
1.00
Interest received during 1947
2,596.99
Total Fund December 31, 1947
$107,594.43
INVESTMENTS OF ABOVE FUND
East Weymouth Savings Bank
$9,612.61
South Weymouth Savings Bank
7,981.82
U. S. Government Bonds
90,000.00
Total Fund December 31, 1947
$107,594.43
JOHN C. RHINES FUND
Bequest March 10, 1924, Income for any Public Purpose
$10,000.00
INVESTMENT OF ABOVE FUNDS
South Weymouth Savings Bank
$2,500.00
Weymouth Savings Bank
5,000.00
U. S. Government Bonds
2,500.00
Total Fund December 31, 1947
$10,000.00
JOHN C. RHINES INCOME ACCOUNT
$3,548.00
Income received to January 1, 1947 Interest received during 1947
332.55
Total Fund East Weymouth Savings Bank and U. S. Savings Bonds December 31, 1947
$3,880.55
ELIAS S. BEALS FUND
Bequest, Income for care of Beals Park
$1,000.00
Total Fund January 1, 1947
1,116.86
Interest received during 1947
28.02
Total in South Weymouth Savings Bank December 31, 1947
$1,144.88
295
JOSEPH E. TRASK FUND
Total Fund January 1, 1947 Interest 1947 Paid Tufts Library
$12,805.88
$310.10
Total Fund December 31, 1947
$12,805.88
INVESTMENT OF ABOVE FUND
Esat Weymouth Savings Bank
$2,005.88
South Weymouth Savings Bank
4,100.00
Weymouth Savings Bank
2.000.00
U. S. Government Bonds
4,700.00
Total Fund December 31, 1947 $12,805.88
SUSAN HUNT STETSON FUND
Total Fund January 1, 1947
$2,500.00
Interest 1947 Paid Tufts Library $62.50
Total Fund in Weymouth Savings Bank December 31, 1947
$2,500.00
CHARLES TIRRELL FUND
Total Fund January 1, 1947
$1,000.00
Interest 1947 Paid Tufts Library $25.00
Total Fund in Weymouth Savings Bank December 31, 1947
$1,000.00
FRANCIS FLINT FORSYTH FUND
Total Fund January 1, 1947
$1,000.00
Interest 1947 Paid Tufts Library
1
$25.00
Total Fund in Weymouth Savings Bank December 31, 1947
$1,000.00
AUGUSTUS J. RICHARDS FUND
Total Fund January 1, 1947
$5,000.00
Interest 1947 Paid Tufts Library
$125.00
Total Fund December 31, 1947
$5,000.00
INVESTMENT OF ABOVE FUND
South Weymouth Savings Bank
$1,500.00
Weymouth Savings Bank
2,000.00
U. S. Government Bonds
1,500.00
Total Fund December 31, 1947
$5,000.00
==
ARTHUR E. PRATT FUND
Total Fund January 1, 1947 $3,000.00
-
Interest 1947 Paid Tufts Library
$75.00
Total Fund Weymouth Savings Bank December 31, 1947
$3,000.00
296
WILLIAM H. PRATT FUND
Total Fund January 1, 1947 Interest 1947 Paid Tufts Library $55.96 Total Fund in East Weymouth Savings Bank December 31, 1947 $2,798.80
$2,798.80
CHARLES HENRY PRATT FUND
Total Fund January 1, 1947
$500.00
Interest 1947 Paid Tufts Library $10.00
Total Fund in East Weymouth Savings Bank December 31, 1947
$500.00
ALIDA M. DENTON FUND
Total Fund January 1, 1947
$700.00
Interest 1947 Paid Tufts Library
$14.00
Total Fund in East Weymouth Savings Bank December 31, 1947
$700.00
MARTHA HANNAH KING FUND
Income for care of Foye Family Graves
Total Fund January 1, 1947
$73.25
Interest during 1947
1.84
Total Fund in Weymouth Savings Bank
$75.09
QUINCY TUFTS FUND FOR FREE PUBLIC LECTURES
Bequest deposited in Massachusetts Hospital Life Insurance Co., Annuity in Trust G4746
$5,000.00
INCOME ACCOUNT OF ABOVE FUND
Total of Fund January 1, 1947
$1,039.34
Interest 1947 Mass. Hospital Life Ins. Co.
100.00
Interest 1947 Weymouth Savings Bank
25.18
Withdrawal for Cunningham Lecture
260.71
Total Fund Weymouth Savings Bank December 31, 1947
$903.81
QUINCY TUFTS FUND FOR CARE OF TUFTS FAMILY TOMB Bequest deposited in Massachusetts Hospital Life Insurance Co., Annuity in Trust G 4747
$500.00
Interest 1947 Paid North Weymouth Cemetery Ass'n. $10.00
Total Fund December 31, 1947
$500.00
1 ..
QUINCY TUFTS FUND FOR SHADE TREES AND SIDEWALKS Bequest deposited in Massachusetts Hospital Life Insurance Co. Annuity in Trust G 4748
$2,000.00
297
$1,164.52
December 31, 1947
INCOME ACCOUNT OF ABOVE FUND
Interest received to January 1, 1947
$302.24
Interest 1947 Mass. Hospital Life Ins. Co.
40.00
Interest 1947 Weymouth Savings Bank
8.52
Withdrawal for Street Dept. work
312.12
Total Fund Weymouth Savings Bank December 31, 1947
$38.64
QUINCY TUFTS FUND FOR MAINTENANCE OF READING ROOM
Deposited in Massachusetts Hospital Life Insurance Co. Annuity in Trust G 4746
$2,500.00
Interest 1947 Paid to Tufts Library
$50.00
Total Fund December 31, 1947
$2,500.00
QUINCY TUFTS FUND FOR BOOKS FOR TUFTS LIBRARY
Deposited in Massachusetts Hospital Life Insurance
Co., Annuity in Trust G 4746
$2,500.00
Interest 1947 Paid Tufts Library
$50.00
Total Fund December 31, 1947
$2,500.00
WEYMOUTH BACK RIVER BRIDGE FUND
Deposited in Massachusetts Hospital Life Insurance Co. Annuity in Trust A-023
$3,000.00
Accumulated Interest 1923-1946
2,986.97
Interest 1947
119.74
Total in Fund December 31, 1947
$6,106.71
TOWN OF WEYMOUTH POST WAR REHABILITATION FUND
Total Invested Amount January 1, 1947
$500,000.00
Interest received to January 1, 1947
29,378.86
Interest received in 1947
11,727.79
Total Fund December 31, 1947
$541,106.65
INVESTMENT OF THE ABOVE FUND
U. S. Treasury Bonds 2% 1951-53
$125,000.00
U. S. Treasury Bonds 212% 1964-69
125,000.00
U. S. Treasury Bonds 2% 1944-54
150,000.00
U. S. Treasury Bonds 212% 1957
100,000.00
East Weymouth Savings Bank, Income Account
41,106.65
Total Fund December 31, 1947
$541,106.65
ASHWOOD CEMETERY FUND
In March 1947 Town Meeting the Town voted to take over custodian- ship of Ashwood Cemetery. The Ashwood funds in Weymouth Savings and Quincy Savings Banks were therefore turned over to the Town of Weymouth.
298
350.76
ASHWOOD CEMETERY FUND
Transferred to Town May 19, 1947 Interest received in 1947
$727.03
18.29
Total Fund Weymouth Savings Bank December 31, 1947
$745.32
ASHWOOD CEMETERY FUND
Transferred to Town May 15, 1947
$1,122.50
Interest received in 1947
11.22
Total Fund in Quincy Savings Bank December 31, 1947
$1,133.72
Weymouth, Massachusetts January 28, 1948
I have audited the several accounts of the Treasurer of the Town of Weymouth and find all transactions duly recorded. The securities of the Town were examined, verification was made of all funds in banks and were found to be as set forth in the treasurer's report. I am satisfied that the treasurer has properly accounted to the Town for all funds intrusted to him.
EMERSON R. DIZER, Town Accountant
REPORT OF THE WEYMOUTH RETIREMENT SYSTEM
Weymouth, Mass. January 30, 1948
To the Honorable Board of Selectmen and the citizens of Weymouth:
Members of the system January 1, 1947
273
Enrolled
39
Withdrawals
19
Retirements
6
Membership December 31, 1947
287
Pensioners
41
Retired in 1947
6
Deaths in 1947
4
Membership December 31, 1947
43
FINANCIAL REPORT FOR THE YEAR 1947 INCOME
From Members:
Regular Contributions-Group A
$19,066.58
Regular Contributions-Group B
8,263.56
From Municipality:
Pension Fund
29,934.01
Expense Fund
1,375.20
Military Leave Reserve Fund
115.79
299
Interest on Deposits: East Weymouth Savings Bank North Weymouth Cooperative Bank Coupons on Bonds Individual-Interest on re-deposit U. S. Treasury, Interest
314.36
60.00
1,475.00
.15
5,250.00
$65,854.65
DISBURSEMENTS
Annuity Payments
$1,838.22
Pension Payments
26,376.70
Refunds:
To Members in Group A
2,403.74
To Members in Group B
1,499.34
Annuity Refund-Option B
877.11
Quincy Retirement Board-transfer :
806.03
Expenses :
Clerical Service
728.00
Medical Panel
120.00
Office Equipment
119.47
Travel expense, etc.
76.81
Printing
43.00
Stationery, postage and supplies
33,26
Rent Safe Deposit Box
10.00
Association Dues
5.00
Accrued Interest on Bonds purchased
57.48
34,994.16
Increase for the year
$30,860.49
BALANCE SHEET - DECEMBER 31, 1947 ASSETS
Treasurer's Cash:
East Weymouth Savings Bank
$21,343.19
Granite Trust Company
222.79
Investments
266,084.06
North Weymouth Cooperative Bank Shares
2,000.00
$289,650.04
LIABILITIES
Annuity Savings Fund
$150,205.38
Pension Fund
121,070.77
Annuity Reserve Fund
. 15,889.55
Expense Fund
270.29
Military Leave Reserve Fund
2,214.05
$289,650.04
300
SCHEDULE OF BONDS OWNED DECEMBER 31, 1947
Description of Bonds
Coupon Rate
Maturity
Par Value
Amortized Value
Amer. Tel. & Tel. Co.
23/4 %
Apr.
1, 1982
$10,000
$10,075.00
Brooklyn Union Gas Co.
27/8%
July
1, 1976
5,000
4,850.00
N.Y.C. & H. R. R.R. Co.
31/2%
July
1, 1997
10,000
8,519.38
Northern Pacific R.R.
4 %
Jan.
1, 1997
10,000
7,002.79
Pacific Gas & Elec. Co.
3 %
Dec.
1, 1979
10,000
10,628.91
Public Service Co. of Ind.
31/8%
Nov.
1, 1977
5,000
5,081.25
Southern Pacific R.R.
27/8%
Jan.
1, 1986
10,000
9,926.73
U. S. Savings Bonds
21/2%
Feb.
1, 1954
10,000
10,000.00
U. S. Savings Bonds
21/2%
Mar.
1, 1954
10,000
10,000.00
U. S. Savings Bonds
21/2%
June 1, 1954
5,000
5,000.00
U. S. Savings Bonds
21/2%
Aug.
1, 1954
10,000
10,000.00
U. S. Savings Bonds
2:1/2%
Oct.
1, 1954
10,000
10,000.00
U. S. Savings Bonds
21/2%
May
1, 1955
40,000
40,000.00
U. S. Savings Bonds
21/2%
June 1, 1956
50,000
50,000.00
U. S. Savings Bonds
21/2%
June
1, 1957
25,000
25,000.00
U. S. Savings Bonds
21/2%
Dec.
1, 1957
10,000
10,000.00
U. S. Savings Bonds
21/2%
June 1, 1958
25,000
25,000.00
U. S. Victory Bonds
21/2%
Dec. 1, 1963
15,000
15,000.00
$270,000
$266,084.06
Respectfully submitted,
ERLE R. STARRATT, Chairman EMERSON R. DIZER, Secretary FRANCIS L. GAUGHEN
301
TABLE OF CONTENTS
Alewive Fishery
85
Annual Town Meeting
21
Annual Town Meeting, Warrant for
9
Assessors' Report
101 107
Auditors' Report, 1946
" " 1947
144
Board of Health
95
Board of Fence Viewers
72
Building Inspector
90
Collector of Taxes
104
Committee on Sick Leave
71
Electric Lighting Committee
82
Fire Alarm, Supt.
79
Fire Department
78
General Relief
84
Harbor Master
82
Inspector of Animals
93
Jury List
180
Laban Pratt Hospital Report
97
Library Report
211
Moth Dept.
92
Observance of Memorial Day
72
Old Age Assistance
85
Park Commissioners
94 89
Planning Board
Plumbing Inspector
Police Dept.
81 80 96
Post War Planning Committee
Public Works Committee ·
74
Public Welfare
86
302
173 - 299 88
Retirement System
Registrars of Voters
Salaries of Town Officials
188
School Report
223
Sea Walls Committee
94
Sealer of Weights & Measures
83
Shell Fish Constable
81
Special Town Meeting, Warrant for
59
Street Dept.
86
Town Accountant's Report
267
Town Clerk's Financial Report
69
Town Counsel
84
Town Election
53
Town Engineer
87
Town Infirmary
88
Town Offices
3
Treasurer's Report
293
Tree Department
92
Veteran's Service
91
Visiting Nurse Asso.
76
Vital Statistics
70
Water Dept.
191
Weymouth Port Committee
79
Wiring Inspector
81
303
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