USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1953 > Part 27
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 | Part 23 | Part 24 | Part 25 | Part 26 | Part 27 | Part 28 | Part 29
Near 54 Karlyn Road
King Avenue
1
Near 61 King Avenue
Lake Street
3
-
1
Near Federal Housing Project
-
Near Manzanetta Avenue At Pleasantview Avenue Near Neck Street Near Fairmout Avenue
340
1
1
1
1
1 Off Broad Street Near Front Street Near 193 Front Street
At Thayer Avenue Near 88 Harding Avenue
At 1 Hollis Street At Dixon Park Road Near 106 Jaffrey Street Off Thompson Road Off Mercury Road
Jaffrey Street Judith Road
TABLE IV A GATES AND HYDRANTS INSTALLED 1953 (Continued)
Lakehurst Avenue Lindale Avenue Linnway Street Longwood Road Main Street MacDougall Court
1
1
1
1
1
2
1
Mercury Road
Merilyn Road
1
1
1
1
1 Near Donnellan Circle
2
1 Off Pond Street
1
1
1 1
To Federal Housing Project Near Bicknell School Off Judith Road
Near Glendale Street
1
1
Near 578 Pine Street
1
Near 311 Pleasant Street
1
Near Main Street
Randolph Street
1
Near 294 Randolph Street
Ralph Talbot Street
1
2
1
At Holly Hill Circle
Rinaldo Road
1
At Green Street Off East Street
Robert Post Road
1
1
Off Main Street
Summit Street Sunrise Drive
2
1
From 48 to 95 Sunrise Drive
Thompson Road Vega Street Wessagussett Road
Off Mercury Road
1
Near Monomet Road
Whipple Street
-
1
Near 50 Whipple Street
Totals
1
2
53
6
1
2
24
1 Near Patterson Street Near 70 Lindale Avenue Off Circuit Road Near Valley Road From Main Street to Winter Street Off Pleasant Street 1
Merrymount Road Middle Street Moreland Road
1 1
1 Near 44 Mercury Road Off Thicket Street Off Pine Street Near 1118 Middle Street
Nelson Road Off Lake Street Off Sea Street Peter Road Pierce Road Pine Street Pleasant Street Pond Street Pond Street
1
1
1
1
Near 245 Pond Street
Rinaldo Road
1
1
Near Gibbons Street
-
1 Off Green Street
1
3
341
TABLE V. REPLACEMENT OF MAINS 11953
Mains
Gates
Taken Out
Installed
Location
Size-Inches
Kind
Feet
Size-Inches
Kind
Feet
Taken Out
Installed
Alpine Road
11/2
Steel
432
6
C.L.
432
1
1
Canacum Road
11/2
Steel
390
6
C.L.
390
1
1
Gibbons Street
2
Steel
160
6
C.L.
160
1
1
Glendale Street
2
Steel
352
8
C.L.
348
1
1
6
C.L.
4
Griffin Terrace
1
Steel
272
6
C.L.
272
1
1
Lakehurst Avenue
2
Steel
461
8
C.L.
452
1
1
6
C.L.
9
1
Louds Avenue
11/2
Steel
20
11/2
C.L.
20
1
1
Ralph Talbot Street
11/2
Steel
334
6
C.L.
334
Roosevelt Road
11/2
Steel
15
6
C.L.
15
1
1
Summit Street
2
W.I.
363
6
C.L.
363
1
1
Totals
2799
2799
8 8
TABLE VI DISTRIBUTION PIPE AND GATES IN USE DECEMBER 31, 1953
Size-nches
Copper
Lead
Steel
Transite
Cast Iron
Lead Lined
Cement Liined
Cast Iron
Universal
Gates
20
250
1
18.
2090
1
16
-
2813
3
14
22555
14
12
48158
34369
104
10
49864
3710
79
8
10844
59184
21796
170
6
100
43639
285080
46690
1958
843
4
22435
751
49
2
72
56335
6671
384
11458
133
11/2
941
21688
747
42
11/
370
6640
421
1
-
216
8387
Totals
1383
216
93050
54483
496287
384
122004
2709
1439
1
342
The Commonwealth of Massachusetts
TABLE VII DEPARTMENT OF PUBLIC HEALTH (Parts Per Million)
1953 Weymouth Water Aanalysis
Sample Number
Date of
Collection
Turbidity
Color
Free
Total
Albuminoid
Nitrogen as
Nitrates
Chlorides
Hardness
Alkalinity
P.H.
Iron
Location of
Sample Taken
343
396060
April 6
3
50
.064
216
6.8
22
2
5.1
Grt. Pond Raw Water
398492
Aug. 17
4
23
014
.116
6.2
12
3
5.3
Grt. Pond Raw Water
400344
Dec. 2
4
48
.016
088
8.4
12
0
5.0
Grt. Pond Raw Water
396061
April 6
6
38
044
212
7.6
20
2
5.1
Coagulated Water
398493
Aug. 17
3
12
.022
.102
6.4
12
2
5.3
Coagulated Water
400345
Dec. 2
6
35
.020
120
8.2
12
0
5.2
Coagulated Water
396062
April 6
0
5
.056
.124
10.0
22
7
6.5
Final Effluent
398494
Aug. 17
2
2
.018
096
7.2
14
9
6.8
Final Effluent
400346
Dec. 2
1
6
.014
.066
8.4
12
5
6.2
Final Effluent
399044
Sept. 9
0
0
19.0
38
86
7.0
.00
Main St. G. P. Well
Appearance
Ammonia
1953 REPORT OF THE TREASURER FOR THE WATER DEPARTMENT
January 28, 1953
To the Board of Water Commissioners:
Gentlemen:
Herewith is submitted the fifty-second annual report of the Account- ing Department for the year ending December 31, 1953.
EMERSON R. DIZER Town Accountant
WATER DEPARTMENT STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDING DECEMBER 31, 1953
RECEIPTS
Water-Rates
$251,092.05 8,891.61
Water-Liens
Water-New Services
21,190.22
Water-Private Work
17,823.18
South Weymouth Savings Bank, Interest
1,223.49
U. S. Treasury, Interest on Bonds
1,125.00
U. S. Treasury, Interest on Treasury Bills Refunds
207.89
Water Construction Deposits
23,023.00
Total
$324,708.39
Cash on hand January 1, 1953
148,403.09
Total Warrants Paid in 1953
337,904.74
Cash on hand December 31, 1953
$135,206.74
Analysis of Treasurer's Cash:
Granite Trust Company
$25,665.74
Less Outstanding Checks
8,520.59
$ 17,145.15
South Weymouth Savings Bank
40,072.61
U. S. Treasury Bonds
50.021.70
Second National Bank, Boston
27,742.28
Cash in Treasurer's Office
225.00
135,206.74
PAYMENTS
Water Construction-Loan 1951:
Labor
$ 1,683.40
All Other
1,974.61
Transfers-Equipment
209.16
Stock
1,238.92
$ 5,106.09
344
131.95
$473,111.48
Water Mains-1952 Special:
Labor All Other Transfers-Equipment
$ 249.79
3,210.24
.67
Water Mains-1953 Special:
Labor All Other
19,115.09
Transfers-Equipment
486.28
Stock
25,355.68
50,000.00
Water Supply Development:
Labor
$ 1,674.34
All Other
1,539.76
Transfers-Equipment
34.14
Stock
140.31
3,388.55
Filter Plant Improvements :
Labor
$ 28.38
All Other
.85
Transfers-Equipment
.56
29.79
Minor Construction:
New Meters:
Labor
$ 843.42
All Other
11,100.85
Transfers-Equipment
110.12
Stock
34.49
12,088.88
Miscellaneous:
Labor
$ 2,123.43
All Other
1,534.02
Transfers-Equipment
544.14
Stock
3,037.24
7,238.83
19,327.71
New Services:
Labor
$ 7,017.64
All Other
660.42
Transfers-Equipment
2,340.59
Stock
11,835.83
21,854.48
Maintenance and Operation:
Distribution System :
Labor
$47,206.45
Engineering
456.49
All Other
3,641.33
Transfers-Equipment
4,047.21
Stock
3,468.10
Care of Meters:
Labor
$ 3,936.92
All Other
1,940.00
Transfers-Equipment
307.48
Stock
107.24
58,819.58
6,291.64
345
3,460.70
$ 5,042.95
Hollis Street Garage:
Labor All Other
$ 498.84
1,138.13
Transfers-Equipment
12.72
Stock
2.15
1,651.84
Circuit Avenue Station :
Labor
$ 489.84
All Other
990.03
Transfers-Equipment
10.36
1,490.23
Filter Plant Operation:
Labor
$17,507.71
Fuel
1,161.97
Light
10,617.74
Chemicals
8,818.08
All Other
6,366.57
Transfers-Equipment
368.64
Stock
92.92
44,933.63
Grounds and Buildings:
Labor
$ 2,780.59
All Other
36.48
Transfers-Equipment
95.36
Stock
6.30
2,918.73
Water Shed:
Labor
$ 722.62
All Other
158.25
Transfers-Equipment
23.46
904.33
Main Street Station:
Labor
$ 850.76
All Other
2,213.58
Transfers-Equipment
17.51
Cleaning Mains:
Labor
$ 3,036.99
All Other
1,192.33
Transfers-Equipment
370.74
Stock
443.19
5,043.25
Replacements :
Labor
$ 4,176.76
All Other
204.65
Transfers-Equipment
1,049.34
Stock
2,938.37
Minor Construction
116.03
Purchase New Equipment:
Labor
$ 27.42
New Equipment
1,455.75
Transfers-Equipment
.54
Stock
4.86
1,488.57
3,081.85
125,135.08
8,485.15
346
Commercial Expenses:
Salaries Stationery and Postage Miscellaneous Expenses
$25,049.18
2,123.16
2,786.97
29,959.31
Salaries
1,050.00
Interest
5,277.50
Debt Retirement
39,000.00
Private Work:
Labor
$ 3,273.29
All Other
2,928.12
Transfers-Equipment
815.73
Stock
10,425.57
17,442.71
Equipment Account:
Labor
$ 1,778.00
All Other
6,644.54
8,422.54
Stock Account :
Labor
$ 2.590.89
All Other
40,740.71
Transfers-Equipment
118.29
43,449.89
$382,878.07
STATEMENT OF APPROPRIATIONS AND EXPENDITURES
Appropriation Accounts:
Balances from 1952 Accounts:
Water Construction-Loan 1951
$ 5,106.09
Water Mains-1952 Special
3,460.70
Water Supply Development
3,388.55
Filter Plant Improvements
12,240.84
Purchase Land on Pond
2,375.77
Purchase Equipment-Welder
1,991.00
Equipment Account
6,723.96
Stock Account
9,309.30
Appropriations March 6, 1953 :
From Revenue
$262,891.00
From General Fund
70,000.00
Transfer Credits:
Minor Construction
$ 116.03
Equipment Account
10,963.04
Stock Account
59,131.17
Expended :
Water Construction-Loan 1951
$ 5,106.09
Water Mains-1952 Special
3,460.70
Water Mains-1953 Special
50,000.00
Water Supply Development
3,388.55
Filter Plant Improvements
29.79
Minor Construction
19,327.71
447,697.45
347
New Services
21,854.48
Maintenance and Operation
125,135.08
Replacements
8,485.15
Purchase New Equipment
1,488.57
Commercial Expenses
29,959.31
Salaries
1,050.00
Interest
5,277.50
Debt Retirement
39,000.00
Private
17,442.71
Equipment
8,422.54
Stock
43,449.89
382,878.07
Balance Unexpended
$ 64,819.38
Balances to Revenue
15,977.52
Balances to 1954 Account
48,841.86
$ 64,819.38
Filter Plant Improvements
$12,211.05
Purchase Land on Pond
2,375.77
Equipment Account
9,264.46
Stock Account
24,990.58
$48,841.86
348
WATER DEPARTMENT
BALANCE SHEET
DECEMBER 31, 1953
ASSETS
LIABILITIES
Treasurer's Cash
$135,206.74
Water Construction Deposits $ 6,572.00 Unexpended Appropriation Balances:
Water: Rates
$67,143.11
Filter Plant Improvements
$12,211.05
New Services
2,251.39
Purchase Land on Pond
2,375.77
Private Work
6,044.90
Equipment Account
9,264.46
Liens-1952
471.41
Stock Account 24,990.58
78,213.91
Revenue Reserved Until Collected
78,213.91
Surplus Revenue
79,767.88
349
$213,420.65
$213,395.65
WATER DEBT ACCOUNT
Net Water Debt
$276,000.00
Water Loan-August 15, 1934
$ 4,000.00
Water Loan-October 1, 1946
15,000.00
Water Loan-August 1, 1948
125,000.00
Water Loan-April 1, 1950
36,000.00
Water Loan-April 1, 1950
10,000.00
Water Loan-October 1, 1951
86,000.00
$276,000.00
$276,000.00
EMERSON R. DIZER, Town Accountant
Liens-1953
2,303.10
48,841.86
Accounts Receivable :
1953 FINANCIAL REPORT OF THE COLLECTOR FOR THE WATER DEPARTMENT
WATER ACCOUNT CHARGES
Balance Due January 1, 1953
$ 55,564.01
Charges to December 31, 1953
273,598.25
$329,162.26
WATER ACCOUNT CREDITS
Cash Paid to Treasurer
$251,092.05
Abatements and Service Transfers
1,312.20
Transfers to Lien Account
9,614.90
Balance Due December 31, 1953
67,143.11
$329,162.26
PRIVATE ACCOUNT CHARGES
Balance Due January 1, 1953
$ 2,197.76
Charges to December 31, 1953
21,872.05
$ 24,069.81
PRIVATE ACCOUNT CREDITS
Cash Paid to Treasurer
$ 17,823.18
Abatements and Service Transfers
201.73
Balance Due December 31, 1953
6,044.90
$ 24,069.81
NEW SERVICES ACCOUNT CHARGES
Balance Due January 1, 1953
$ 4,402.23
Charges to December 31, 1953
19,447.05
$ 23,849.28
NEW SERVICES ACCOUNT CREDITS
Cash Paid to Treasurer
$ 21,190.22
Abatements and Service Transfers
407.67
Balance Due December 31, 1953
2,251.39
$ 23,849.28
Respectfully submitted,
HARRY I. GRANGER Collector
350
1953 REPORT OF THE TREASURER FOR THE WATER DEPARTMENT
RECEIPTS
News Services
$ 21,190.22 251,092.05
Water rents
Private Account
17,823.18
Water Liens
8,891.61
Construction Deposits
23,023.00
Interest South Weymouth Savings Bank
1,223.49
Refund of Massachusetts Gasoline Excise Tax
113.61
Miscellaneous Refunds
94.28
Interest on Treasury Bonds 21/4 %
1,125.00
Discount on $30,000 U. S. Treasury Bills
131.95
$324,708.39
Cash on hand January 1, 1953
148,421.17
473,129.56
PAYMENTS
Paid on Selectmen's Warrants for:
Notes on Bonds
$ 39,000.00
Interest on Loans
5,277.50
Sundry Appropriations
293,627.24
Total Warrants paid
$337,904.74
TREASURER'S CASH
On deposit at Second National Bank, Boston
$ 27,742.28
On deposit at Granite Trust Co.
17,145.15
On deposit at South Weymouth Savings Bank
40,072.61
Treasury Bonds 21/4% 1956-59
50,021.70
Petty cash drawers
225.00
Total Funds December 31, 1953
$135,206.74
WATER ASSETS
Amuont due for Water Rents
$ 67,143.11
Amount due for Private
6,044.90
Amount due for New Services
2,251.39
Cash on hand December 31, 1953
85,185.04
$ 75,439.40
$160,624.44
351
Deposit Second National Bank, Boston Deposit South Weymouth Savings Bank Deposit Granite Trust Co. Checking account Petty Cash Drawer
27,742.28 40,072.61 17,145.15 225.00
Water Rents, New Services and Private accounts receivable
85,185.04
75,439.40
$160,624.44
Investments in U. S. Savings Bonds 21/4% 1956-59
$ 50,000.00
TOTAL WATER LIABILITIES JANUARY 1, 1954
Serial Notes of August 15, 1934
$ 4,000.00
Serial Notes of October 1, 1946-56
15,000.00
Construction Loan August 1, 1948-63 Incl.
125,000.00
Additional Water Supply April 1, 1950-65
36,000.00
Water Dept. Equipment for Filter Plant April 1, 1950-55 10,000.00
Water Mains Bonds Oct. 1, 1951
86,000.00
$276,000.00
NOTES AND BONDS DUE 1954
Serial Notes of 1934, Aug. 15th
$ 4,000.00
Serial Notes of 1946, Oct. 1st
5,000.00
Construction Loan August 1, 1948
15,000.00
Water Supply April 1, 1950
3,000.00
Filter Plant Equipment April 1, 1950
5,000.00
Water Mains Bonds Oct. 1, 1951
7,000.00
$39,000.00
Respectfully submitted, HARRY I. GRANGER Treasurer of Water Department
Weymouth, Massachusetts January 28, 1954
I have examined the Treasurer's and Collector's accounts in the Wey- mouth Water Department and believe them to be correct. Regular ex- amination of all transactions, with a monthly verification of cash with the official statements of all depositories, satisfies me that the Treasurer has properly accounted for all funds entrusted to him
Respectfully submitted EMERSON R. DIZER Town Accountant
352
TOWN TREASURER'S REPORT
To the Honorable Board of Selectmen and
To the Citizens of the Town of Weymouth:
Treasurer's Cash January 1, 1953
$1,519,779.26 7,060,705.64
Total Receipts for 1953
$8,580,484.90
Disbursed on Selectmen's Warrants
7,305,729.35
Treasurer's Cash December 31, 1953
$1,274,755.55
For details of Receipts and Disbursements, please see the Town Ac- countant's Report.
Respectfully submitted,
HARRY I. GRANGER Town Treasurer
ASSETS
Due from the Collector of Taxes for 1952:
Personal Taxes
$ 34.92
Poll Taxes
12.00
Real Estate Taxes
5,941.38
Motor Vehicle Excise
249.41
Water Liens
471.41
Common Sewer Assessment Apportioned
56.69
$ 6,765.81
Due from the Collector of Taxes for 1953:
Real Estate Taxes
$89,390.94
Personal Taxes
3,601.38
Poll Taxes
408.00
Motor Vehicle and Trailer Excise
42,940.96
Particular Sewer Assessment Apportioned
408.34
Common Sewer Assessment Apportioned
567.17
Common Sewer Assessment
74,407.88
Particular Sewer Assessment
27,758.98
Committed Sewer Interest
281.09
Water Liens
2,303.10
242,067.84
Trust Funds and Accumulated Interest
907,713.17
Deposit in Granite Trust Company
301,008.47
Deposit in Second National Bank, Boston
217,839.69
U. S. Treasury Bills Due 3-10-54 School Athletic Association Fund Sundry Bills Receivable
746,325.00
8,937.39
8,593.27
Total Assets, December 31, 1953
$2,439,250.64
353
LIABILITIES
Bonds Outstanding December 31, 1953
Adams-Pratt Extension, August 1948-58 Incl. $ 160,000.00
Adams-Pratt Additional Loan, August 1949-56 Incl. 15,000.00
South Junior High School, May 1950-70 Incl.
1,020,000.00
Eldon Johnson School, February 1951-66 Incl.
389,000.00
Sewer Loan, October 1951-81 Incl.
182,000.00
South Junior High Additional Loan, October 1951-66 Incl. Homestead School, May 1952-70 Incl.
425,000.00
Humphrey School Extension, October 1952-71 Incl.
369,000.00
Nevin School Extension, October 1952-72 Incl.
208,000.00
Sewer Loan, October 1952-72 Incl.
190,000.00
Bicknell-Pond School, August 1953-70 Incl.
510,000.00
Sewer Loan, August 1953-73 Incl.
200,000.00
Total Bonds
$3,710,000.00
BONDS DUE 1954
Adams-Pratt Extension, 1 3/4 %, August 1948
$ 35,000.00
Adams-Pratt Additional Loan, 114%, August 1949
5,000.00
South Junior High School, 11/2, May 1950
60,000.00
Eldon Johnson School, 114%, February 1951
30,000.00
Sewer Loan, 13/4%, October 1951
9,000.00
South Junior High School Additional Loan, 134%, October 1951
4,000.00
Homestead School, 11/2%, May 1952
25,000.00
Humphrey School Extension, 2%, October 1952
26,000.00
Nevin School Extension, 2%, October 1952
11,000.00
Sewer Loan, 2%, October 1952
10,000.00
Bicknell-Pond Schools, 2.30%, August 1953
30,000.00
Sewer Loan, August 1953
10,000.00
$ 255,000.00
ARTHUR E. PRATT FUND
Total Fund January 1, 1953
$3,000.00
Interest 1953 Paid Tufts Library Total Fund Weymouth Savings Bank December 31, 1953
$90.00
$3,000.00
WILLIAM H. PRATT FUND
Total Fund January 1, 1953 $2,798.80
$73.45
Interest 1953 Paid Tufts Library Total Fund in East Weymouth Savings Bank December 31, 1953
$2,798.80
354
42,000.00
CHARLES HENRY PRATT FUND
Total Fund January 1, 1953 Interest 1953 Paid Tufts Library
$500.00
$13.13
Total Fund in East Weymouth Savings Bank December 31, 1953
$500.00
ALIDA M. DENTON FUND
Total Fund January 1, 1953
$700.00
Interest 1953 Paid Tufts Library
$18.38
Total Fund in East Weymouth Savings Bank December 31, 1953
$700.00
QUINCY TUFTS FUND FOR FREE PUBLIC LECTURES INCOME ACCOUNT
Total Fund January 1, 1953
$1,326.97
Interest 1953 Massachusetts Life Fund
188.41
Interest 1953 Weymouth Savings Bank
44.35
Total Fund in Weymouth Savings Bank December 31, 1953
$1,559.73
QUINCY TUFTS FUND FOR CARE OF TUFTS FAMILY TOMB
Deposit in Massachusetts Life Fund
$500.00
Interest 1953 Paid North Weymouth Cemetery Association $18.79
Total Fund December 31, 1953
$500.00
JOHN C. RHINES INCOME ACCOUNT
Income received to January 1, 1953 Interest received during 1953
442.03
Total Fund East Weymouth, South Weymouth Savings Banks and U. S. Savings Bonds
December 31, 1953
$6,206.99
JOSEPH E. TRASK FUND
Total Fund January 1, 1953 Interest 1953 Paid Tufts Library $358.26
$12,805.88
Total Fund East Weymouth, South Weymouth, Weymouth Savings Banks and U. S. Savings Bonds December 31, 1953
$5764.96
$12,805.88
355
SUSAN HUNT STETSON FUND
Total Fund January 1, 1953
Interest 1953 Paid Tufts Library
$75.00
Total Fund in Weymouth Savings Bank December 31, 1953
$2,500.00
CHARLES . TIRRELL FUND
Total Fund January 1, 1953
$1,000.00
Interest 1953 Paid Tufts Library
$30.00
Total Fund in Weymouth Savings Bank December 31, 1953
$1,000.00
FRANCIS FLINT FORSYTH FUND
Total Fund January 1, 1953
$1,000.00
Interest 1953 Paid Tufts Library
$30.00
Total Fund in Weymouth Savings Bank December 31, 1953
$1,000.00
MARY FIFIELD KING CARILLON FUND
Total Fund January 1, 1953
$98.07
Interest received in 1953
3.08
Total Fund in South Weymouth Savings Bank December 31, 1953
$101.15
MARY FIFIELD KING LIBRARY FUND
Total Fund January 1, 1953
$2,000.11
Interest received in 1953
62.99
$2,063.10
Paid to Tufts Library
62.96
Total Fund in South Weymouth Savings Bank December 31, 1953
$2,000.14
AUGUSTUS J. RICHARDS FUND
Total Fund January 1, 1953 Interest 1953 Paid Tufts Library
$5,000.00
$144.38
Total Fund Weymouth, South Weymouth Savings Banks and U. S. Savings Bonds December 31, 1953
$5,000.00
356
$2,500.00
QUINCY TUFTS FUND FOR SHADE TREES AND SIDEWALKS INCOME ACCOUNT
Total Fund January 1, 1953
$359.03
Interest 1953 Massachusetts Life Fund
75.37
Interest 1953 Weymouth Savings Bank
7.30
Transfer to General Account
350.00
Total Fund in Weymouth Savings Bank December 31, 1953
$91.70
QUINCY TUFTS FUND FOR MAINTENANCE OF READING ROOM
Deposited in Massachusetts Life Fund
$2,500.00
Interest 1953 Paid Tufts Library
$94.20
Total Fund December 31, 1953
$2,500.00
QUINCY TUFTS FUND FOR BOOKS FOR TUFTS LIBRARY
Deposited in Massachusetts Life Fund
$2,500.00
Interest 1953 Paid to Tufts Library
$94.21
Total Fund December 31, 1953
$2,500.00
WEYMOUTH HIGH SCHOOL ATHLETIC FUND
Total Fund January 1, 1953
$8,686.42
Interest received in 1953
250.97
Total Fund December 31, 1953
$8,937.39
INVESTMENTS OF ABOVE FUND
East Weymouth Savings Bank
$3,112.69
Weymouth Savings Bank
5,824.70
Total Fund December 31, 1953
$8,937.39
LABAN PRATT HOSPITAL INC. FUND
Bequest July 22, 1925
$300,000.00
Net Income to January 1, 1953
399,941.59
Income in 1953
17,891.57
$717,833.16
Charged to Granite Trust Checking Account
709.00
Total Fund December 31, 1953
$717,124.16
357
441.70
INVESTMENTS OF HOSPITAL FUNDS
East Weymouth Savings Bank
$49,649.26
52,663.76
South Weymouth Savings Bank Weymouth Savings Bank Granite Trust Co. Checking Account U. S. Government Bonds, Series G
14,738.95
72.19
600,000.00
Total December 31, 1953
$717,124.16
MUNICIPAL BUILDING INSURANCE FUND
Total Fund January 1, 1953
$121,764.15
Add by Vote of Town Meeting in 1953
1.00
Interest Received in 1953
3,105.14
124,870.29
Transferred to General Account
5,000.00
Total Fund December 31, 1953
$119,870.29
INVESTMENT OF INSURANCE FUND
East Weymouth Savings Bank
$12,167.54
South Weymouth Savings Bank
17,702.75
U. S. Government Bonds
90,000.00
Total Fund December 31, 1953
$119,870.29
WEYMOUTH BACK RIVER BRIDGE FUND
Deposited in Mass Hospital Life Insurance Co. Annuity in Trust A-023
$3,000.00
Accumulated Interest 1923-1948 Inclusive
3,228.84
Total Fund December 31, 1953
$6,228.84
358
INVESTMENTS OF TRUST FUNDS SAVINGS BANKS
South Weymouth
East Weymouth Weymouth
Government Securities
Balance Jan. 1, 1953
Balance Jan. 1, 1954
Ashwood Cemetery
$ 537.97
$ 522.19
$ 537.97
Elias S. Beals Park
$1,000.00
1,000.00
1,000.00
Elias S. Beals Park Income a/c
37.64
195.57
37.64
Alida M. Denton Library
$ 700.00
700.00
700.00
Francis Flint Forsythe Library
1,000.00
1,000.00
1,000.00
Mary Fifield King Carillon Fund
101.15
98.07
101.15
Mary Fifield King Tufts Library
2,000.14
2,000.11
2,000.14
Martha Hannah King
88.52
85.93
88.52
Arthur E. Pratt Library
3,000.00
3,000.00
3,000.00
Charles H. Pratt Library
500.00
500.00
500.00
Laban Pratt Fountain
400.00
400.00
400.00
Laban Pratt Fountain Income a/c
762.51
728.41
762.51
William H. Pratt Library
2,798.80
2,798.80
2,798.80
John C. Rhines Income for Public Purposes
2,500.00
5,000.00
$2,500.00
10,000.00
10,000.00
John C. Rhines Income a/c
4,206.99
2,000.00
5,764.96
6,206.99
Augustus J. Richards Library
1,500.00
2,000.00
1,500.00
5,000.00
5,000.00
Susannah Hunt Stetson Library
2,500.00
2,500.00
2,500.00
Charles Q. Tirrell Library
1,000.00
1,000.00
1,000.00
Joseph E. Trask Library
4,100.00
2,005.88
4,700.00
12,805.88
12,805.88
Tufts Public Lectures
5,000.00 a
5,000.00 b
Tufts Public Lectures Income a/c
1,559.73
1,326.97
1,559.73
Tufts Reading Room
2,500.00 a
2,500.00 b
Tufts Books
2,500.00 a
2,500.00 b
Tufts Sidewalks & Shade Trees
2,000.00 a
2,000.00 b
Tufts Sidewalks & Shade Trees Income a/c
91.70
359.03
91.70
Tufts Care Tufts Tomb
500.00 a
500.00 b
Total
$64,285.92
$64,591.03
-
Note a :- 428.17 Units in Massachusetts Life Fund Jan. 1, 1953 b :- 430.88 Units in Massachusetts Life Fund Jan. 1, 1954
359
--
2,000.00
WEYMOUTH CONTRIBUTORY RETIREMENT FUND
Balance December 31, 1953 In Banks U. S. Government Obligations and Corporation Bonds North Weymouth Cooperative Bank Shares Bank Shares
$ 39,617.20
469,521.34
2,000.00
60,815.24
$571,953.78
INVESTMENT OF ABOVE FUNDS
U. S. Savings Bonds
$300,000.00 15,000.00
U. S. Victory Bonds
Other Corporate Bonds
154,521.34
South Weymouth Savings Bank
34,868.77
Granite Trust Balance Checking Account
4,748.43
North Weymouth Cooperative Bank
2,000.00
Bank Shares
60,815.24
$571,953.78
RECEIPTS 1953
Members Contributions
$63,218.87
Town Appropriation
60,132.53
Income from Investments
15,356.00
Miscellaneous Income
2.65
$138,710.05
DISBURSEMENTS 1953
Bonds Purchased
$81,521.34
Bank Stock
968.40
Retirement Allowances
69,320.34
Services (Acct. Dept.)
1,500.00
Supplies and Incidentals
491.64
Salary of Secretary
500.00
Refund of Contributions
4,471.93
Doctor's Services and Hearings
120.00
Conventions and Substitutes
266.23
$159,159.88
Weymouth, Massachusetts February 3, 1954
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 with the official statements of all depositories, which satisfies me that the Treasurer has properly accounted for all funds intrusted to him.
Respectfully submitted, EMERSON R. DIZER Town Accountant
360
REPORT OF THE WEYMOUTH CONTRIBUTORY RETIREMENT SYSTEM
February 3, 1954.
To the Honorable Board of Selectmen and
The Citizens of Weymouth:
Members of the System January 1, 1953 401
Enrolled in 1953 35
Withdrawals 27
Retirements
8
Membership December 31, 1953
401
Pensioners January 1, 1953
55
Retired in 1953
8
Deaths in 1953
7
Pensioners December 31, 1953
56
FINANCIAL REPORT FOR THE YEAR 1953 INCOME
From Members:
Regular Contributions-Group A
$48,982.93
Regular Contributions-Group B
20,109.53
From Municipality:
Pension Fund
57,355.72
Expense Fund
2,315.00
Military Leave Fund
461.81
From Weymouth Housing Authority: Pension Fund
629.00
Interest on Deposits:
617.54
East Weymouth Savings Bank South Weymouth Savings Bank
310.26
North Weymouth Co-operative Bank, Dividend
60.00
Coupons on Bonds
3,281.35
U. S. Treasury, Interest
7,875.00
Bank Stocks, Dividends
3,211.85
$145,209.99
DISBURSEMENTS
Annuity Payments
$ 5,103.95
Pension Payments
64,453.35
Refunds:
To Members in Group A
3,197.71
To Members in Group B
45.52
Expenses:
Supervision
$ 500.00
Clerical Services
1,500.00
Printing 92.67
361
Postage, Office Supplies, etc.
89.97
Conferences, Hearings, etc.
203.68
Medical Panels
120.00
New Equipment
273.50
Rent Safe Deposit Box
25.50
Association Dues
10.00
2,815.32
75,615.85
$69,594.14
BALANCE SHEET-DECEMBER 31, 1953 ASSETS
Treasurer's Cash:
Granite Trust Company
$ 4,748.43
South Weymouth Savings Bank
34,995.97
Investments:
Bonds-General
$149,556.14
Bonds-U. S. Government
315,000.00
North Weymouth Co-operative Bank Shares Bank Stocks
60,912.59
Accrued Interest on Bonds
2,820.71
Expense Fund
43.68
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.