Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1909-1912, Part 52

Author: Wakefield, Massachusetts
Publication date: 1909
Publisher: Town of Wakefield
Number of Pages: 1306


USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1909-1912 > Part 52


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).


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REPORT OF INSPECTOR OF ANIMALS


TO THE HONORABLE BOARD OF SELECTMEN :


GREENWOOD, Jan. 2, 1913.


DEAR SIRS :- I herewith submit my annual report as Inspector of animals. During the year 1912, on Inspection of Animals, have made two hundred and three (203) calls. There were four (4) horses killed for glanders ; one (1) tuberculosis cow. Have two (2) stables under observation now.


Respectfully submitted. DR. PALMER CORBETT.


1


105


TREASURER'S REPORT


TO THE CITIZENS OF WAKEFIELD :


I herewith present my report for the fiscal year ending Decem- ber 31, 1912.


TRUST FUNDS


The trust funds now in my hands are as follows :


The Flint Memorial Fund (Library ) $ 1,000 00


Dr. Francis P. Hurd Library Fund 2,500 00


C. Wakefield Library Fund . 500 00


Franklin Poole Library Fund


500 00


Cyrus G. Beebe Library Fund


2,000 00


Jonathan Nichols Temperance Fund


1,000 00


C. Sweetser Lecture Fund 10,000 00


C. Sweetser Burial Lot Fund


1,000 00


Flint Old Burial Ground Fund


2,000 00


Jane K. Vinton Burial Lot Fund


50 00


C. Sweetser Lecture Guarantee Fund


930 34


Nancy White Park Fund


1,000 00


Nancy White Hurd School Fund


500 00


Merrill W. Gove Library Fund


500 00


Clarissa E. Swain Burial Lot Fund 500 00 .


Mary G. Aborn Park Fund


2,000 00


Total .


$25,980 34


For investments and expenditures see detailed report as follows :


106


THE FLINT MEMORIAL FUND, $1,000


The fund is now invested in a certificate of deposit, bearing interest at the rate of four per centum per annum.


The income, $40.00, has been credited to the library department.


DR. F. P. HURD LIBRARY FUND, $2,500


The fund is now invested in a certificate of deposit with inter- est at the rate of four per centum per annum.


The sum of $100 as interest has been credited to library account.


C. WAKEFIELD LIBRARY FUND, $500


"This fund is invested in a certificate of deposit.


The sum of $20 as interest has been credited to library account, being interest at the rate of four per centum per annum.


FRANKLIN POOLE LIBRARY FUND, $500


This fund is at present invested in a certificate of deposit with interest at the rate of four per centum per annum.


The sum of $20 as interest has been credited to library account.


CYRUS G. BEEBE LIBRARY FUND, $2,000


The fund is at present invested in a certificate of deposit, bear- ing interest at the rate of four per centum per annum.


The interest, $80, has been credited to library account.


JONATHAN NICHOLS TEMPERANCE FUND, $1,000


The fund is now invested in a certificate of deposit, and bears interest at the rate of four per centum per annum.


STATEMENT OF INCOME AND PAYMENTS


Jan. 1, 1912. Balance available $16 67


Interset on fund to Jan. 1, 1913 40 00


$56 67


107


Paid Percy F. Ridlon


$10 00


Paid Melvin White


10 00


Paid Harry Marshall


10 00


Paid Chas. H. Locke


10 00


$40 00


Balance available


.


$16 67


C. SWEETSER BURIAL LOT FUND, $1,000


The fund is on deposit with the Wakefield Savings Bank. STATEMENT OF INCOME AND PAYMENTS


Balance income as per last report


$191 73


Interest added to Aug. 1, 1912 .


48 12


$239 85


Expended :


Water Department, water rates .


$3 00


Labor on lot


14 10


George H. Taylor, tools, etc.


7 40


Dressing .


2 00


Charles C. Ball, flowers


9 70


36 20


Balance available


$203 65


FLINT OLD CEMETERY FUND, $2,000


The principal of this fund is to be held in trust, and the income ·only to be expended in improving the old cemetery.


STATEMENT OF INCOME AND PAYMENTS


Balance of income available at last report . $101 74


Interest on fund one year, to Dec. 31, 1912


80 00


Interest from Wakefield Savings Bank


3 84


$185 58


Expended :


Labor


$79 90


Moth Dept.


12 43


Dressing .


50


George H. Taylor


.


7 61


100 44


$85 14


.


.


108


The above balance is on deposit with the Wakefield Savings Bank and the principal is invested in a certificate of deposit with interest at the rate of four per centum per annum.


JANE K. VINTON BURIAL LOT FUND, $50


This fund is now on deposit with the Wakefield Savings Bank, and the interest is to be used for the care of William Stimpson burial lot.


STATEMENT OF INCOME AND PAYMENTS


Balance available from last year . 65


Interest from Wakefield Savings Bank Aug. 1, 1912 2 02


$2 67


Paid labor roll, care of lot


2 25


Balance available


42


C. SWEETSER LECTURE GUARANTEE FUND, $930.34


In addition to the lecture fund of $10,000, there was received from the trustees of the late Cornelius Sweetser the sum of $552, which, by vote of the town, is held in reserve to pay any defi- ciencies arising from the lecture courses of the future. Its pres- ent condition is as follows :


STATEMENT


Balance on hand Jan. 1, 1912


.


$894 22'


Interest added to Aug. 1, 1912


36 12


Balance available


$930 34


C. SWEETSER LECTURE FUND, $10,000


The fund is now invested in a one year note of the town of Wakefield (temporary loan).


The sum of $400, as income from the fund for one year, to Jan. 1, 1913, has been paid to the Sweetser Lecture Committee.


109


NANCY WHITE PARK FUND, $1,000


The principal has been invested in a certificate of deposit, bear- ing interest at the rate of four per centum per annum ; $40 has been placed at the credit of the Park Department, as interest on fund.


NANCY WHITE HURD SCHOOL FUND, $500


STATEMENT OF INCOME AND PAYMENTS


Balance income available as per last report . .


$34 96


Interest from Wakefield Savings Bank ·


21 58


$56 54


Expended :


00 00


Balance available


$56 54


MERRILL W. GOVE LIBRARY FUND, $500


This fund is on deposit with the Blackstone Savings Bank of Boston. Interest received, $20.20, has been credited to library account.


CLARISSA E. SWAIN BURIAL LOT FUND, $500


This fund was established for the care of the Swain and Moses lots, and surroundings thereof in the Old Cemetery, and is depos- ited in the Wakefield Savings Bank.


STATEMENT OF INCOME AND PAYMENTS


Interest from Wakefield Savings Bank to Ang. 1, 1912 $20 20 Paid labor roll, care of lots 14 76


Balance available 5 44


MARY G. ABORN PARK FUND, $1.000


This fund was bequeathed to the town by the late Mary G. Aborn for park purposes. The fund is now in the treasury and should be acted on by the town at the Annual Town Meeting, as to what form it shall take as a fund.


110


LOAN ACCOUNT


Amount of loans Jan. 1, 1912


$739,000 00 .


Notes issued for temporary loans


.


212,000 00


Notes issued water meter loan


.


15,000 00


$966,000 00


Notes and bonds paid Jan. 1, 1912, to Dec. 31,


1912


233,500 00


Balance outstanding .


. $732,500 00


TEMPORARY LOANS IN ANTICIPATION OF TAXES


Anticipation taxes due May


2,1913


$15,000 00


66 66 2,1913


15,000 00


66


66


66 2,1913


10,000 00


66


66 66


2,1913


10,000 00


.6


66


Jan. 17, 1913


15,000 00


66


66


" May


7, 1913


10,000 00


66


66 7, 1913


5,000 00


. .


66 ..


7,1913


5,000 00


. . 7,1913


5,000 00


٤٠


..


Jan. 1, 1913


10,000 00


. .


" Jure 12, 1913


10,000 00


٠،


. .


'. 12, 1913


12,000 00


$142,000 00


TIME LOANS DUE 1913


Municipal Light Plant, 2nd, due Avr. 1, 1913


$2,500 00.


Greenwood Gas Extension, due July 1, 1913


1,000 00


Municipal Light Plant, 1st, due Oct. 1, 1913 .


6,000 00


Warren school house, due Oct. 1, 1913


2,000 00


Water, due Oct. 1, 1913 .


4,000 00


Junction school house, due Oct. 1, 1913


.


1,500 00


Insurance premium, due Oct. 1, 1913


500 00


West Chestnut street sewer, due Oct. 1, 1913


2,500 00


.


10,000 00


. . 2, 1913


2,1913


10,000 00


.


.


111


Byron street sewer, due Oct. 1, 1913


1,000 00


Insurance premiums, 2nd, due Oct. 1, 1913 .


500 00


North school, due Nov. 1, 1913


500 00


Sewerage, 1st, due Nov. 1, 1913 . .


5,000 00


Greenwood school house, 2nd, due Nov. 1, 1913 .


1,000 00


North school, 2nd, due Dec. 1, 1913


500 00


Fire station, due Dec. 1, 1913


1,000 00


High school repairs, due Dec. 1, 1913


1.000 00


Water meters, due Apr. 1, 1913


1,500 00


Total for 1913 .


$32,000 00


Due 1913, temporary loans


$142,000 00


1913 time loans


32,000 00


1914


.


31,500 00


1915


33,000 00


1916


31,000 00


1917


29,500 00


1918


28,500 00


1919


27,500 00


1920


25,000 00


1921


26.000 00


1922


24,500 00


1923


24 000 00


1924


28,000 00


1925


19,000 00


1926


.


19,000 00


1927


19,000 00


1928


19,000 00


1929


19,000 00


1930


19,000 60


1931


23,000 00


1932


23,000 (0


1933


18,000 00


1934


11,000 00


1935


11,000 00


1936


10,000 00


1937


.


10,000 00


.


.


.


.


.


112


1938


10,000 00


1939


.


.


.


.


10,000 00


1940


·


.


.


10,000 00


Total


$732,500 00


TOWN DEBT


MUNICIPAL LIGHT PLANT LOAN


12 bonds, $1,000 each, due $6,000 each year from 1913 to 1914 $12,000 00


·90 bonds, 1,000 each, due $9,000 each year from 1915 to 1924 . 90,000 00


$102,000 00


SEWERAGE LOAN-"First Issue"


40 bonds, $1,000 each, due $5,000 each year from 1913 to 1920 . $40,000 00


60 bonds, $1,000 each, due $6,000 each year from 1921 to 1930 . 60,000 00 · 100 bonds, $1,000 each, due $10,000 each year from 1931 to 1940 . 100,000 00


$200,000 00


"Second Issue"


13 bonds, $1,000 each, due $1,000 each year from 1923 to 1935 . $13,000 00


WARREN SCHOOL HOUSE


2 bonds, $1,000 each, due 1913 $2,000 00


GREENWOOD SCHOOL HOUSE


5 bonds, $1,000 each, due $1,000 each year from 1913 to 1917 $5,000 00


JUNCTION SCHOOL HOUSE 27 bonds, $500 each, due $1,500 each year from 1913 to 1921 $13,500 00


.


113


NORTH SCHOOL HOUSE


12 bonds, $500 each, due $1,000 each year from 1913 to 1918 $6,000 00


FIRE STATION LOAN


3 bonds, $1,000 each, due $1,000 each year from 1913 to 1915 $3,000 00


WATER LOAN


4 bonds, $1,000 each, due 1913 $4,000 00


80 bonds, $1,000 each, due $8,000 each year from 1914 to 1923 . 80,000 00


108 bonds, $1,000 each, due $12,000 each year from 1924 to 1932 108,000 00


7 bonds, $1,000 each, due 1933 7,000 00


$199,000 00


HIGH SCHOOL REPAIRS


3 bonds, $1,000 each, due $1,000 each year from 1913 to 1915 $3,000 00


MUNICIPAL LIGHT PLANT-"Second Issue"


14 bonds, $1,000 each, due $2,000 each year from 1913 to 1919 · 14,000 00


7 bonds, $500 each, due $500 each year from 1913 to 1919 3,500 00


$17,500 00


GREENWOOD GAS EXTENSION


2 bonds, $1,000 each, due $1,000 each year from 1913 to 1914 $2,000 00


WEST CHESTNUT STREET SEWER


1 note, $2,500, due 1913 2,500 00


114


INSURANCE PREMIUMS


2 notes, $500 each, due $500 each year from 1913 to 1914 1,000 00


INSURANCE PREMIUM-"2nd issue"


4 notes, $500 each, due $500 each year from 1913 to 1916 2,000 00


BYRON STREET SEWER


4 notes, $1,000 each, due $1,000 each year from 1913 to 1916 4,000 00


WATER METERS


10 notes, $1,500 each, due $1,500 each year 1913 to 1922 15,000 00


RECAPITULATION


Municipal light plant, first issue . $102,000 00


Sewerage, first issue .


.


.


. 200,000 00


Sewerage, second issue


.


13,000 00 .


Warren school house .


2,000 00


Greenwood school house 5,000 00 .


Junction school house . 13,500 00


North school house


6,000 00


Fire station


3,000 00


High school repairs


3,000 00


Water


199,000 00


Water meters


15,000 00


Greenwood gas extension


2,000 00


Municipal light plant, second issue


17,500 00


.


Insurance, first issue .


1,000 00


Insurance, second issue .


2.000 00


West Chestnut street sewer . ·


.


2,500 00


Byron street sewer


.


4,000 00


.


.


Total town debt December 31, 1912


$590,500 00


115


Town debt. Jan. 1. 1012


Retired during 1912 as follows :


Light plant, 1st issue .


Warren school house . .


.


-


2.000 10


Greenwood school house


.


2.000 00


North school house


1. 00 00 .


Fire station 1. 00 00


High school repairs


00


Junction school .


Seweraze.


5.000 00 .


Water


4.000 00


Greenwood gas extension .


1.000 00


Insurance premiums .


. 1.000 00


Light plant, 2nd isme


2.500 00 .


West Chestnut street sewer .


-


2.500 00


Byron street sewer


1.100 00


Water meters, issuedl ( !!! 2 .


Town debt has decreased for year ending December 31 .:. . ... $17.500.00.


INTEREST ACCOUNT


Appropriation authorized -


- Voted from water receipts - -


- Vored from light plant receipts . . Accrued interest water meter merini-


Expended :


Temporary loans


Municipal light plant, Ist iss ,


4.32 Municipal light plant, 2nd is-ue


£


-


. $608.000 00


116


Sewerage, 1st issue


7,175 00


Sewerage, 2nd issue


455 00


Warren school


160 00


Greenwood school, 1st issue


40 00


Greenwood school, 2nd issue


210 00


Junction school, 1st issue


.


17 50


Junction school, 2nd issue


.


.


525 00


North school, 1st issue


220 00


North school, 2nd issue


60 00


Fire station


140 00


High school, repairs


140 00


Water


.


8,120 00


Insurance premium, 1st issue


60 00


Insurance premium, 2nd issue


100 00


Greenwood gas extension


87 50


West Chestnut street sewer .


200 00


Byron street sewer


220 00


Water meters


300 00


$29,136 21


Over-draft


481 63


$28,654 58


LICENSE FEES


Antonio Makros


pedlers


1 00


Giovanni Cravolli


1 00


Crosby and Russell 66


1 00


A. B. Robinson


1 00


John H. Whipling


1 00


I. Palumbo


66


.


.


1 00


H. Perkins


66


1 00


E. S. Russell


66


1 00


B. J. Cotter


66


.


1 00


J. H. Driscoll & Son 66


.


.


.


2 00


G. Santonio 66


.


.


1 00


.


.


.


.


.


.


.


.


.


·


.


.


.


117


P. J. Scannell


1 00


H. Liplick


1 00


Phillip Glosscup


1 00


W. J. Flannagan


..


1 00


Alexander Otash


..


1 00


Manuel Pokerisky


1 00


Geo. Ahlart


1 00


Paul E. Salipante


1 00


I. A. Nador


1 00


W. P. Whitehead . .


1 00


Geo. Capantoros


..


.


.


.


1 00


Martin J. Lynch


1 00


Daniel Quinn .6


1 00


Harry Levine


1 40


Harry Collen


..


1 00


H. C. Krebs ..


1 00


Geo. A. Doyle


2 00


Petroupolous Bros.


1 00


G. W. Keniston


1 00


Geo. S. Grattan


..


1 00


Edward L. Phillips


..


1 00


John Freeman


2 00


L. T. Paon


..


1 00


Edward P. Dinan


1 00


Chas. E. Randall


..


1 00


Philip E. Steale


..


1 00


Arthur L. Whitten ..


1 00


Frank Hallahan


1 00


Fortuno DeVito


1 00


Henry Freeman


..


1 00


M. G. Littlefield


..


.


.


1 00


F. W. Libby,


auctioneer .


.


2 00


.


.


.


.


.


.


118


Dana Fairbanks 66


2 00


Edward B. Kelley 66


.


2 00


F. S Hartshorne 66


.


.


2 00


W. H. Woodman


2 00


Barnard & Godfrey, bowling


10 00


Felix Goldstein, furniture .


15 00


Jos. J. Nolan, pool


5 00


I. Horivitz junk .


50 00


M. Arenstein Co. 66


50 00


John Taylor


50 00


Maurice Levine .


50 00


Hyman Baron 66


50 00


Israel Schlager


. 50 00


Milk licenses


.


·


16 00


.


.


.


.


.


.


.


.


.


.


$401 00


119


NOTES AND BONDS ISSUED


Date


Amount


Account


Rate


Payable


Mar. 14, 1912


$20,000 00


Temporary


2.78


Nov. 14, 1912


Mar.


14, 1912


20,000 00


66


2.78


Nov.


14, 1912


Mar.


14, 1912


20,000 00


66


2.78


Nov.


14, 1912


May


2, 1912


15,000 00


3.79


May


2, 1913


May


2,1912


15,000 00


3.79


May


2, 1913


May


2, 1912


10,000 00


66


3.79


My


2,1913


May


2, 1912


10,000 00


66


3.79


May


2,1913


May


2,1912


10,000 00


66


3.79


May


2, 1913


May


2,1912


10,000 00


66


3.79


May


2, 1913


June 20, 1912


10,000 00


66


3.82


Dec.


20, 1912


June 20, 1912


10,000 00


60


3.82


Dec.


20, 1912


July


17, 1912


15,000 00


66


4.05


Jan.


17, 1913


Nov.


7,1912


10,000 00


66


4.43


May


7, 1913


Nov.


7,1912


5,000 00


66


4.43


May


7, 1913


Nov.


7, 1912


5,000 00


4.43


May


7, 1913


Nov.


7, 1912


5,000 00


66


4.43


May


7, 1913


Apr.


1, 1912


15,000 00


4


Annually


Dec. 12, 1912


10,000 00


Water Meters Temporary 66


4.35


June 12, 1913


Dec. 12, 1912


12,000 00


4.35


June 12, 1913


$227,000 00


120


NOTES AND BONDS PAID


Date of Note or Bond


Amount


Account ª


Date Paid


May


8, 1911


$25,000 00


Temporary Loan


May 8, 1912


May


8, 1911


25,000 00


66


May


8, 1812


May


8, 1911


10,000 00


66


May


8, 1912


May


8, 1911


10'000 00


66


66


May


8, 1912


Aug. 21, 1911


20,000 00


Jan. 21, 1912


Dec. 21, 1911


16,000 00


66


June 21, 1912


Nov. 16, 1911


15,000 00


66


July 16, 1912


Mar. 14, 1912


20,000 00


Nov. 14, 1912


Mar. 14, 1912


20,000 00


Nov. 14, 1912


Mar. 14, 1912


20,000 00


66


Nov. 14, 1912


June 20, 1912


10,000 00


66


66


Dec. 20, 1912


June 20, 1912


10,000 00


66


Dec. 20, 1912


Oct.


1,1894


6,000 00


Municipal Lt. Pt. 1st


Oct. 1, 1912


Apr.


1,1896


2,000 00


Warren School


Oct. 1, 1912


Apr.


1,1896


1,000 00


Greenwood School, 1st


Oct. 1, 1912


Nov.


1,1898


500 00


North School, 1st


Nov. 1,1912


Dec.


1,1898


500 00


North School, 2nd


Dec.


1, 1912


June


1, 1900


1,000 00


Fire Station


Dec.


1.1912


June


1,1900


1,000 .00


High School Repairs


Dec.


1, 1912


Nov.


1,1900


5,000 00


Sewerage, 1st


Nov. 1,1912


Oct.


1, 1901


1,500 00


Junction School, 1st


Oct. 1,1912


Nov.


1,1902


1,000 00


Greenwood School, 2nd


Nov.


1,1912


Nov.


1, 1902


500 00


Junction School, 2nd


Nov.


1,1912


Oct.


1,1903


4,000 00


Water


Oct.


1,1912


July


1, 1904


1,000 00


Greenwood Gas Ext.


July


1,1912


Apr,


1,1909


2,500 00


Municipal Lt. Pt., 2nd


Apr. 1,1912


Oct.


1,1910


2,500 00


W. Chestnut St. Sewer


Oct. 1,1912


Oct.


1,1910


: 500 00


Insurance Premium


Oct. 1, 1912


Oct.


1,1911


1,500 00


Byron Street Sewer


Oct.


1,1912


Oct.


1,1911


500 00


Insurance Premium, 2nd


Oct. 1,1912


$233,500 00


1


121


DR.


ALBERT W. FLINT, Treasurer,


To Balance from last report


. $ 23,168 88:


Hired on temporary loans


212,000 00


Sale of water meter notes


15,248 33


Chas. E. Walton, collector, taxes 1910


28,962 93


66


66


66


1912


130,481 70


66


66


66


66


street railway excise tax, 1912


3,288 91


66


66


6


66


66


Albion street sewer


191 20


66


66


66


6.


Byron street sewer


401 82


66


66


66 Gould street sewer


151 28.


66


Renwick road sewer


211 10


66


66


66


. 6


66


66


66


Sewer Department, receipts, betterments


66


.6


maintenance


1,297 52


Municipal Light Plant, receipts


72,374 47


Water Department 66


Poor Department


66


4,475 79


Highway Department


66


-


2,842 14


Fire Department


66


238 28


Cemetery Department


Forest Glade


193 50


Moth Department 66


83 53


School Department 66


credit schools


1,444 30


Selectmen, Town Hall 66


644 50


Beebe Town Library


credit library


120 22


W. B. Tyler, clerk of courts, fines


867 50


License fees .


401 00.


Income Library trust funds .


280 20


J. Nichols temperance fund


40 00


66 Flint Old Burial Ground fund. 80 00


.6 Sweetser Lecture fund 400 00


C. Sweetser burial lot fund, from Savings Bank.


36 20


Flint Old Burial Ground fund, « 66


100 44


Jane K. Vinton burial lot fund «


.


2 25


C. S. Swain 66 66 66 66


14 76


Income Nancy White park fund .


40 00


Interest on deposits and premiums on notes


121 53


Release tax deeds-see offset credit side


555 68


Middlesex County, dog tax 1911 .


921 31


66


66 paid in error. refunded


6 00


Amount carried forward


. . $580,326 41


.


66


66 1911


37,787 17


66


West Chestnut street sewer 199 00.


66


111 87


sewer apportionments tax deeds, 1910


1.780 34


181 07


38,579 69


122


DR.


ALBERT W. FLINT, Treasurer,


Amount brought forward


. $580,326 41


Receipts, Sealer Weights and Measures


60 68


Soldiers' Relief, refunded


3 00


Selectmen, sale stone crusher


50 00


Sale spraying machine-credit moth department.


100 00


M. E. S. Clemons, costs J. A. Keefe suit


5 00


Bequest Mary G. Aborn


2,000 00


Refund from Selectmen, acct. Library and Reading Room .


664 89


Com. of Mass., Corporation Tax, Public Service


2,358 02


66


66


66


66


Nat. Bank Tax


1,304 37


66


66


Military Aid .


192 00


66


66


66


State Aid


3,710 00


66


6. Burial Soldiers & Sailors


74 00


66


66 Street Railway Tax


3,913 11


6


66


66


Tuition, School Children


665 50


66


66


66 Armory Rent .


1,010 00


M. E S. Clemons, error refunded


10


$601,184 52


66


Business


4,747 44


123


in account with the TOWN OF WAKEFIELD, CR.


By Cash paid Selectmen's orders


. $288,598 25


Principals on loans


233,500 00


Interest on loans .


29,136 21


Chas. E. Walton, Collector, tax deeds.


1,780 34


J. Nichols, temperance fund payments


40 00


C. Sweetser burial lot fund payments .


36 20


Flint Old Burial Ground fund payments


100 44


Jane K. Vinton burial lot fund payments


2 25


C. S. Swain burial lot fund payments


14 76


Sweetser Lecture Committee, income from fund


400 00


Beebe Town Library refunded


490 01


Reading Room refunded


7


8,599 73


State Aid payments


3,254 00


C. W. Eaton, account tax deeds released


14 00


M. Hannah Waite, judgment in suit


500 00


Flint Old Burial Ground paid to Savings Bank


80 00


W. B. Tyler, account fines.


150 01


J. J. Pollard, error refunded


6 00


Com. of Mass., State tax


66


66


Nat. Bank tax


496 86


66


66


Charles River basin, interest on .


409 95


66


66


66


66 maintenance


310 90


66


66


66 66 serial bonds


29 68


66


66


Met. Parks loan sinking fund


549 60


.66


66


66


interest on


1,585 54


66


66


66 maintenance


1,710 69


66


12 92


.66


66


66


66


66 No. 2 sinking fund


95 56


66


66


66


66


66


No. 2 interest on


278 59


66


66


66 No. 2 maintenance .


278 29


66


66


66


66 Nantasket beach mainte- nance


107 83


Wellington bridge maintenance


10 11


66


66


Met.sewer loan, No.Met.System sinking fund


2,274 99


"


66


interest on


4,028 28


66


66


66


66


66


maintenance


3,405 63


66


66


Corporation tax, public service .


2 12


Total payments


$598,089 62


Cash in treasury .


3,094 90


$601,184 52


174 88


County Treasurer, County tax


,


15,625 00


66 serial bonds


66


124


FLOATING DEBT


Notes outstanding in anticipation taxes . $142,000 00


Outstanding town orders


.


248 08


66 treasurer's checks 2 25


Accrued interest to Jan. 1, 1913 .


.


4,933 53


Sewer Dept. betterments .


740 72


Bequest, Mary G. Aborn .


. 2,000 00


Balances carried over as per Auditors :


Town Clerk's card index


25 35


Light Plant depreciation


314 09


Fire Alarm box .


50 00


75 00


Lighting Armory Street


167 00


66 Madison Avenue 60 00 .


66 Renwick Road 49 68 .


Water meters


37 87


Elm Street sewer


2,900 00


Motor hose wagon


5,800 00


Salaries


533 00


Railroad Street, land damage


165 00


Water 66 66


.


·


235 00


Junction Park


378 00


Land for park purposes


401 00


Richardson Light Guard


64 82


.


.


.


.


.


.


66 .


.


.


.


.


.


$161,180 39


.


.


.


125


CREDIT


Cash in treasury .


$3,094 90


Uncollected taxes, 1911


30,858 81


Uncollected taxes, 1912


83,226 82


Due from State, state aid one year to Jan. 1, 1913 3,254 00


Due from State, military aid, one year to Jan. 1,1913 181 00


Appropriation since tax levy to enter next levy


6,278 00


Due on account accrued interest .


4,933 53


Due from County, dog tax 1912 .


.


.


906 00


Uncollected taxes, Dec. levy


1,023 14


Overdraft as per Auditors :


Water Dept. maintenance


$860 22


Water Dept. construction


23 10


Sewer maintenance 12 46


Miscellaneous .


169 81


Interest


481 63


1,547 22


500 00


Gould Street sewer assessment uncollected


194 37


Byron Street sewer assessment uncollected 84 50


Albion Street sewer assessment uncollected


1,176 40


៛138,444 55


Excess debits


22,735 84


$161,180 39


.


Advanced statement judgment Waite vs. Town Renwick Road sewer assessment uncollected .


1,185 86


126


FINAL STATEMENT


During the year 1913 the following payments will come due, which are to be included in the tax levy for that year by votes which the town has already passed.


Municipal light plant


. $6,000 00


Warren school house


.


.


.


. 2,000 00


Water


.


. . 4,000 00


Greenwood school house


1,000 00 ·


Junction school house


1,500 00


Sewerage


. 5,000 00


North school house .


1,000 00


Fire station


1,000 00


High school repairs


1,000 00 .


Greenwood gas extension


1,000 00


Municipal light plant, 2nd


. 2,500 00


West Chestnut street sewer


2.500 00 .


Insurance premium notes


1,000 00


Byron street sewer .


1,000 00


Water meters .


1,500 00


Appropriations since tax levy .


6,278 00


$38,278 00


There will also be required $28,225.38 to meet interest pay ments for 1913.


In my final statement I would call attention to the floating debt account which shows an excess of debits amounting to $22,735.84. I would refer to the extended report contained in my final statement for the year 1910.


As stated in that report. this seems to be a need of a change in our method of town accounting and does not result from any dishonest handling of funds.


The floating debt statement has always been more of an esti- mated account than an exact one, for up to the present time the Treasurers of the town have had to form more or less of an esti- mate as to what is due the treasury at the end of each year. I have no doubt but that there is considerable money due the diff-


.


.


.


.


.


·


127


erent departments at the close of each year, which would extin- guish or modify the excess of debits which about so often occur and which do not show until final balances are made


Again, the Town votes to raise and appropriate a certain sum of money to carry on the business of its different departments .. These expenditures must be met by income from taxes assessed by the Board of Assessors and receipts from various sources. The Treasurer issues temporary loan notes against these antici- pated incomes, and if these incomes from taxes and receipts do not materialize, it can be readily seen that a debit is sure to result. There seems to be somewhat of a shortage some years in this direction, as shown by the amount of outstanding tem- porary notes at the ending of each year.


Matters may so adjust themselves that during the year 1913 the Treasurer will be obliged to borrow less and receipts may come in, so that, as in the past, when the debits have been in excess, that the account may balance or that there may be an excess of credits.


The State of Massachusetts, through its Bureau of Statistics, have found that many cities and towns were unconsciously drift -. ing behind financially and a joint committee of the House and Senate have been holding hearings during the summer at which the officers of cities and towns have appeared. This has resulted in a report from this committee to the present Legislature of a bill which, if it becomes a law, will have a far-reaching effect on municipal accounting and indebtedness, and will result in a State supervision of all city and town finances.


At the hearing set for the Town of Wakefield, the Town was highly complimented on its financial condition, and, I am in- formed, was the only town whose officers summoned were present and ready at the hour set by the Legislative Committee.


As I have stated above, the Town should have some system of accounting whereby losses, incurred by abatement of taxes, sales made under non-payment of taxes, and misunderstandings as to the difference between receipts and reimbursements, will be shown. I have taken this matter up with the Board of Auditors




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