USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1929 > Part 9
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Value of Real Estate assessed
20,329,235.00
Number of Horses assessed
104
Number of Cows assessed
149
Number of Neat Cattle assessed
4
Number of Swine assessed
29
Number of Turkeys assessed
50
Number of Fowl assessed
6,303
Number of Acres of Land in Town
4,000
Number of Acres in Lake Quannapowitt
247.94
Number of Acres in Crystal Lake
82.86
Number of Acres of Land in Town Common
2.50
Number of Acres of Land in Harts' Hill Park
9.68
Number of Acres of Land in Park Lakeside
6.75
Number of Acres of Land in Cemetery, Church Street
4.14
Number of Acres of Land in Lowell Street
25.67
Respectfully submitted, by Wakefield Assessors,
CHARLES A. CHENEY,
GEORGE H. STOWELL, HUGH CONNELL.
9,200.00
125
REPORT OF PLANNING BOARD
Report of Planning Board
To the Honorable Board of Selectmen:
The Town Planning Board submits to you its annual report as follows:
At the last annual town meeting, article 28, which refers to a proposed change in the zoning by-laws at the intersection of Lake Quannapowitt and North Avenue, was referred by the town meeting to the Planning Board to hold a hearing. This hearing was held and the Planning Board will make its recommendation at the coming meeting in March.
Article 29, which refers to a proposed change in the zoning by-laws on the Westerly side of North Avenue, was referred by the town meeting to a committee consisting of the President of the Expansion Board, and the Town Planning Board to hold a hearing. This hearing has been held and the committee will make its recommendation in the coming March meeting
During the year, the Planning Board has co-operated with the Board of Survey. The Planning Board appreciates the courtesy of the Board of Survey in referring new planning and street layouts to it for recommenda- tion, and feel that by this co-operative method the best interests of the town are served.
At the suggestion of the Planning Board, we are pleased to see that the Board of Survey has adopted and has published rules whose object is to guide and control those who lay out new streets upon their property. This is a distinct forward step in the handling of these rather complex matters.
To assist in the publication of the building law, zoning law, and rules of the Board of Survey, the Planning Board has revised the zoning map and brought it up to date. There is before the legislature this year what is now known as the Phillips Nichols' bill, which is of vital importance to Wakefield as well as to every other city, town and state. If this bill becomes a law, it will be possible for the Town of Wakefield to set building lines on streets which should be wider, and possible to lay out the building lines of new streets without incurring prohibitive damage charges. The Planning Board is co-operating with the Massachusetts Federation of Planning Boards in its efforts to get this wise legislation into effect.
At the annual convention of the Massachusetts Federation of Plan- ning Boards held in Fitchburg in November, the Chairman of the Wake- field Board, E. M. Bridge, was made Secretary of the Federation. This close connection with the state work should be of considerable advantage to the town.
ยท
126
TOWN OF WAKEFIELD
The Planning Board heartily approves of the action of the town in buying the property of the Porter Milton Ice Co. at the corner of Church Street and North Avenue. This is consistent with the fixed policy of the Planning Board in advocating that the town acquire privately owned land on both of its lakes until it eventually controls their entire shore lines. This newly acquired property is an ideal site for a park and playground, and if the cost were not prohibitive it would be a logical place for a bath house and bathing beach. Even though it is finally decided that the bath house be . located here, the Planning Board still advocates strongly that the property known as the Hill Property, North of Spaulding Street be purchased by the town.
The planning Board believes that the town will be better zoned if several of the small business districts now in the zoning law, and scattered throughout residential areas be wiped out. This is in accordance with the better theory of zoning which realizes that towns and cities have zoned an excessive amount of street frontage for business. These small business districts have been on the zoning map for several years, and rather than having been built up as business districts, have in cases receded as such. This would indicate no great demand for their existence, and they are a continual menace to the residential property nearby. Taxable values should be increased by their elimination.
The town should not lose sight of the importance of the business street which was recently advocated east of Main Street. In a short time, this will again become a vital issue, and favorable action should be taken.
Respectfully submitted,
E. M. BRIDGE, Chairman, LEON REED, Secretary, DR. FRANK T. WOODBURY,. DR. T. FULTON PARKS. WILLIAM ROBERTS.
Town Planneng Board.
127
REPORT OF MUNICIPAL LIGHT BOARD
Report of the Municipal Light Board
To the Citizens of the Town of Wakefield:
Submitted herewith is the Thirty-sixth Annual Report of the Depart- ment which is for the year ending December 31, 1929.
You will find a balance sheet, a statement of income and expenses of Gas and Electric Departments and a Profit and Loss Statement appended hereto, with the Manager's Report.
The Electric Department was operated at a profit of $54,435.97 and the Gas Department at a profit of $14,110.85.
During the whole of the year the net Electric Rate was 6 cents and the net Gas Rate $1.55. It is expected that early in 1930 further reductions in both Gas and Electric rates will be put into effect, including a rate that may interest those contemplating house heating with Gas.
The Depreciation Fund at the close of the year amounted to $19,710.01 after using substantial amounts for the installation of new low pressure Gas mains in Greenwood.
The Board plans to ask the Town for only $18,000 for street lighting service for 1930. This is the same price that has prevailed for the past four years, which have witnessed substantial additions to the system.
Again we are pleased to tell you that a further reduction in bonded indebtedness has been accomplished, namely from $163,500 to $149,500.
Net Plant book value shows a further increase from $522,848.38 to $583,676.78.
As has been customary in the past few years, the Commissioners plan to ask the Town at the Annual Spring meeting to authorize the transfer from Operation Fund to Construction Fund of the sum of $50,663.37, the cash balance in the Operation Fund, at the close of the year 1929. This will for the fifth consecutive year eliminate the necessity of increasing the bonded indebtedness and will provide a necessary fund for the further extension of the Electric and Gas distribution system.
128
TOWN OF WAKEFIELD
The books of the Department are in process of being audited by the C. O. Huntington & Company, Certified Public Accountants.
Respectfully submitted, MARCUS BEEBE, 2nd, Chairman, A. STANLEY NORTH, Secretary, CURTIS L. SOPHER, M. D. Board of Commissioners, Municipal Light Department.
129
REPORT OF MUNICIPAL LIGHT BOARD
MANAGER'S REPORT
January 2, 1930.
To the Honorable Board of Light Commissioners,
Town of Wakefield.
Gentlemen:
For your consideration, I am submitting herewith the Thirty-sixth Annual report of the Wakefield Municipal Light Department, showing con- ditions existing at the close of the year ending December 31, 1929.
Condensed Financial Statements consisting of a
BALANCE SHEET
SCHEDULES OF PLANT INVESTMENT
STATEMENT OF SURPLUS
STATEMENT OF INCOME AND EXPENSE-GAS
STATEMENT OF INCOME AND EXPENSE-ELECTRIC
follow:
130
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
BALANCE SHEET AS OF DECEMBER 31, 1929
ASSETS
PLANT INVESTMENTS
Gas Department (Schedule A)
$333,521.82
Electric Department (Schedule B)
275,406.30
General Equipment (Schedule C)
9,425.99
$618,354.11
CURRENT ASSETS
Operation Fund
$50,663.37
Depreciation Fund
19,710.01
Office Fund
400.00
Special Deposits
22,474.65
Accounts Receivable
27,195.35
Materials and Supplies
18,758.34
139,201.72
PREPAID EXPENSE
Insurance
$456.32
Deferred Charges
642.36
1,098.68
TOTAL ASSETS
$758,654.51
131
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT BALANCE SHEET AS OF DECEMBER 31, 1929 LIABILITIES AND SURPLUS
BONDS PAYABLE
$149,500.00
CURRENT LIABILITIES
Accounts Payable
$45.32
Consumers' Deposits
22,474.65
Matured Interest
764.01
23,283.98
ACCRUED LIABILITES
Interest on Bonds
2,193.75
OTHER LIABILITIES
Loans Repayment Appropriation for Construction
$323,800.00
51,632.86
375, 432.86
SURPLUS (Schedule D)
208,243.92
TOTAL LIABILTIES AND SURPLUS
$758,654.51
132
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
PLANT INVESTMENTS
GAS DEPARTMENT-SCHEDULE A
Land
$6,591.75
Structures
26,523.78
Boiler Plant Equipment
2,048.49
Engines
7,768.11
Miscellaneous Power Plant Equipment
1,359.97
Water Gas Sets
19,543.00
Street Mains
218,127.30
Services
18,206.81
Consumers' Meters
25,721.44
Consumers' Meter Installations
5,120.12
Miscellaneous Equipment
2,511.05
TOTAL PER BALANCE SHEET
$333,521.82
ELECTRIC DEPARTMENT-SCHEDULE B
Land
$213.57
Structures
16,222.84
Substation Equipment
35,691.65
Poles, Fixtures and Overhead Construction
75,636.76
Underground Conduits
24,526.38
Underground Conductors
35,445.97
Consumers' Meters
30,772.09
Consumers' Meter Installations
30.67
Line Transformers
27,429.68
Transformers Installations
2,088.29
Street Lighting Equipment
26,296.52
Miscellaneous Equipment
1,051.88
TOTAL PER BALANCE SHEET
$275,406.30
GENERAL EQUIPMENT-SCHEDULE C
Office Furniture and Fixtures
$4,889.81
Automobiles
3,864.98
Labratory Equipment
671.20
TOTAL PER BALANCE SHEET
$9,425.99
133
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT SURPLUS-DECEMBER 31, 1929-SCHEDULE D
CREDITS
Balance, January 1, 1929
$161,415.52
Profit from Electric Operations
54,435.97
Profit from Gas Operations
14,110.85
Adjustment Holder Heating
1,000.00
TOTAL CREDITS
$230,962.34
DEBITS
Bonds Retired
$14,000.00
Property Abandoned
8,718.42
22,718.42
BALANCE, December 31, 1929
$208,243.92
134
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
STATEMENT OF INCOME AND EXPENSE-GAS DEPARTMENT
INCOME FROM SALE OF GAS
Regular Meter Sales
$133,642.31
Prepaid Meter Sales
3,798.30
Municipal Meter Sales
637.84
TOTAL SALES
$138,078.45
DEDUCT-OPERATING EXPENSE
Gas Purchased
$69,933.16
Transmission and Distribution
29,479.38
Commercial
6,922.78
New Business
321.23
General
7,033.29
Depreciation
8,378.56
TOTAL OPERATING EXPENSE
$122,068.40
TOTAL OPERATING INCOME
$16,010.05
ADD-OTHER INCOME
Merchandising and Jobbing
$66.94
Interest on Bank Balances
310.11
Bad Debts Collected
245.03
622.08
GROSS INCOME
$16,632.13
DEDUCT-MISCELLANEOUS EXPENSE
Interest on Bonds
$2,075.96
Interest on Consumers' Deposits
356.11
Taxes
89.21
2,521.28
NET INCOME TO SURPLUS (Schedule D)
$14,110.85
135
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
STATEMENT OF INCOME AND EXPENSE-ELECTRIC DEPART- MENT
INCOME FROM SALE OF ELECTRICITY
Commercial Lighting
$103,261.55
Commercial Power
54,364.60
Municipal Power
7,908.91
Municipal Lighting
4,635.28
Street Lighting
18,000.00
TOTAL SALES
$188,170.34
DEDUCT-OPERATING EXPENSE
Electric Energy Purchased
$65,561.33
Transmission and Distribution
23,393.81
Utilization
5,108.69
Commercial
6,550.80
New Business
791.42
General
10,194.99
Depreciation
17,763.58
TOTAL OPERATING EXPENSE
129,364.62
TOTAL OPERATING INCOME
58,805.72
ADD-OTHER INCOME
Merchandising and Jobbing
$15.91
Interest on Bank Balances
310.10
Bad Debts Collected
79.23
405.24
GROSS INCOME
$59,210.96
DEDUCT-MISCELLANEOUS EXPENSE
Interest on Bonds
$4,329.68
Interest on Consumers' Deposits
356.11
Taxes
89.20
4,774.99
NET INCOME TO SURPLUS (Schedule D)
$54,435.97
136
TOWN OF WAKEFIELD
The work of the Gas Department of changing from high pressure to low pressure which was started three years ago has been continued and the cen- tral part of the Greenwood section, taking in Francis Avenue, Greenwood Avenue, Madison Avenue, Pine Street, Pitman Avenue and adjacent streets out to Main Street and down to and through Hanson Street, connecting with 4" pipe in Renwick Road. Continuing 4" pipe in Renwick Road to Nowell Road to and connecting with 4" line in Morgan Avenue.
During the year the Malden and Melrose Gas Light Company has ex- tended from Melrose line in Greenwood Street an 8" steel welded joint line, from the end of their main to the Works on North Avenue; with a Y-con- nection to the meter-house located in the rear of the Fire Station on Oak Street, where the gas is metered to the services of Wakefield under the same terms as the original agreement of two years ago, which brought the gas over from Stoneham.
By this arrangement the Town is supplied with two main lines from the Malden and Melrose Gas Light Company, either one of which is sufficient at any time to supply the Town.
The gas taken at Greenwood amounts to about 38% of the total gas purchased.
During the year 1929 a great deal of work has been done on replacing poles which are owned jointly by the Town and the New England Telephone & Telegraph Company. Under this J. O. arrangement the Town is fur- nished poles by the Telephone Company while the labor of replacement is done by the Town.
We have replaced 236 of the 35' poles, 9 forty foot poles and 2 forty-five foot poles, while 19 thirty-five foot poles were set in new locations during the year. The reason of this replacement was that, a comprehensive survey was made of the pole situation and examination of each and every pole in the Town was made by an employee of the Light Department. Those found defective were reported to the Telephone Company and in most cases the Telephone Company has accepted our report of the examination and granted replacement of pole without any question. In one or two cases questions have arisen but have been adjusted.
The duct line which was laid in 1928 has been utilized in Water Street by extending three phase line from Substation up to Main Street underground, with outlets at Vernon Street and Crescent Street. With the single phase line in connection with this underground connection it will be possible in a very short time to remove poles on Water Street between the railroad crossing and Main Street.
REPORT OF MUNICIPAL LIGHT BOARD
137
The street light circuit which has supplied the (so-called) square lights on multiple system, has always been a source of annoyance with regard to turning on and turning off, either by electric switch or manual operation. This is now obviated by extending a line up Main Street underground to a pole and transformer at Center Street, connecting with the main primary lines, so that when the street lights are turned on at the Substation, the square lights are turned on at the same instant.
COST OF GAS
Cost of Gas in Holder
$69,933.16
Total purchased-cubic feet
103,795,291
Cost of Gas in Holder-per M cubic feet
$0.673
Total Gas delivered to customers 86,525,800
Average cost of delivered-per M cubic feet
$1.484
COST OF ELECTRICITY
Cost of electricity at switchboard
$65,561.33
Total electricity purchased-K. W. hours
4,558,379
Cost per kilowatt hour
$0.0144
Total delivered to customers-kilowatt hours
4,116,368
Average cost delivered to customer
$0.0341
SUMMARY OF NEW CONSTRUCTION-GAS
Total feet of mains laid (all sizes)
35,654
Total cost of mains
$58,074.25
Total gas services (new)
77
Total cost of services
$2,127.68
Cost of new meters
1,468.96
New meters purchased
152
Meters in use beginning of year
3,606
Meters set
851
Meters removed
770
Meters in use end of year
3,687
Gain in meters
81
SUMMARY OF NEW CONSTRUCTION-ELECTRIC
Street lights installed (new) including three White Way units
32
Cost of new street lights
$1,432.19
New transformers
14
New poles set
19
Lines extended-feet
53,030
Electric meters purchased
118
Cost of new meters
$1,624.00
138
TOWN OF WAKEFIELD
Meters in use beginning of year
4,293
Meters set 1,029
Meters removed
860
Meters in use at end of year
4,462
Gain in meters
169
In conclusion I wish to thank the Board of Commissioners for their hearty support as well as the help and co-operation of the employees of this department and the general public during the past year.
Respectfully submitted,
SAMUEL H. BROOKS,
Manager Municipal Light Department.
139
REPORT OF MUNICIPAL LIGHT BOARD
Fire Alarm
January 2, 1930.
Municipal Light Commissioners,
Town of Wakefield.
Gentlemen:
The Fire Alarm system of the Town is in excellent working condition. During the year, six new fire alarm boxes purchased in 1928 were installed, numbering 152, 155, 252, 121, 364, 15; also four fire alarm boxes purchased in 1929 numbered 265, 317, 42, 381 have been installed. This makes total of ten new fire alarm boxes installed in 1929.
A feature which meets with the approval of most of the towns people who have taken any notice of it, is the introduction of a red light over each of the fire boxes in conjunction with street light. This combination was made after design of one of the commissioners.
Further extension of Fire Alarm System is contemplated for 1930, some changes in the fire boxes now located in the schools will be made, and ad- justments will be made by the School Department and this Department for purchase of boxes now in use and replacement by boxes of another character.
The Department asks for an appropriation of $3,500.00 to be made for maintenance and repairs.
Respectfully submitted,
SAMUEL H. BROOKS,
Superintendent Fire Alarm.
140
TOWN OF WAKEFIELD
Report of Superintendent of Moth Department
Wakefield, Mass., January 1, 1930.
To the Honorable Board of Selectmen :-
Gentlemen:
I herewith submit my report as Superintendent of the Moth Depart- men for the year ending December 31, 1929.
This year the Gypsy, Brown-tail and Satin moths are about the same as last year, showing little if any increase.
We have been obliged to cut down about 35 shade trees which have died from various causes. Last spring we planted about 100 young trees. Next spring we will have about 75 young trees from our own nursery which we can plant and I hope to buy 100 more.
We spent this year $2,871.72 for moth work; $1,690.01 for spraying; $1,578.01 for trimming and taking down trees and $641.31 for cutting brush. We also spent $278.52 for vacations.
For other expenditures and appropriations of this department see Town Accountant's report.
Respectfully yours,
JOHN A. LANDRY,
Supt. of Moth Dept.
141
REPORT OF BATH HOUSE INSTRUCTOR
Report of Bath House Instructor
-
To the Wakefield Park Board :-
Gentlemen:
In submitting my report for the Season of 1929 I wish to express my appreciation for your friendly co-operation in making my work as enjoyable as possible.
In the statistical data given below you will note a decrease in attendance due to two factors, namely, the objections raised to the present site by per- sonal letters to the press and the poor swimming weather we had in August.
We tried to have children come to the bath house and indulge in whole- some recreation and I assure you at all times we were ready to help all who sought our help. I am sure that the social conditions were above criticism as our total attendance assured us of that. This is the first year that such a large area was used for bathers and as the season closed without a fatal accident fully convinces me that sufficient help must be had to guard a large place properly. Before the 1930 season opens I hope your board will take action toward establishing a permanent raft as our present raft is a source of constant trouble and is expensive to repair. The following data will explain some other matters not mentioned above:
Number of days
60
Total attendance
26,240
Average attendance
437
Maximum attendance
512
Number of hours per day
11
Instructions given to
122
Number of persons helped who were beyond their depth
17
Number of persons expelled-stealing-abuse of children
8
Number of persons treated for minor injuries
107
Number serious accidents-involving doctors aid
0
Approximate number of articles cared for (gratis) in main locker
240
(Note-Our tally sheet was lost or destroyed)
Cost per child approximately
12c. per day
(This is based on salaries paid to help)
Yours truly,
JOSEPH E. HARRINGTON,
Instructor.
142
TOWN OF WAKEFIELD
Report of Town Treasurer
To the Citizens of Wakefield:
I herewith present my report for the fiscal year ending December 31, 1929.
TRUST FUNDS
The Trust Funds and available income balances now in my hands are as follows:
Cornelius Sweetser Lecture Fund
$10,000.00
Cornelius Sweetser Lecture Guarantee Fund
1,924.46
John Gould Aborn Library Fund
1,689.26
Cyrus G. Beebe Library Fund
2,000.00
Frederic Beebe Library Fund
1,000.00
Rev. Thomas Albert Emerson Library Fund
500.00
Flint Memorial Library Fund
1,000.00
Merrill W. Gove Library Fund
500.00
Dr. Francis P. Hurd Library Fund
2,500.00
Franklin Poole Library Fund
500.00
Mary H. Pratt Library Fund
200.00
Cyrus Wakefield Library Fund
500.00
Mary E. Aborn Park Fund
2,000.00
Nancy White Park Fund
1,000.00
Rev. Thomas Albert Emerson High School Fund
1,000.00
Rev. Thomas Albert Emerson High School Fund, interest balance available 113.18
Nancy White Hurd School Fund
500.00
Nancy White Hurd School Fund, interest balance available
48.64
Jonathan Nichols Temperance Fund
1,000.00
Jonathan Nichols Temperance Fund, interest balance available
58.40
Sarah Burbank Burial Lot Fund
100.00
Sarah Burbank Burial Lot Fund, interest balance available
64.53
Ezra Eaton Burial Lot Fund
100.00
Ezra Eaton Buriai Lot Fund, interest balance available
9.57
Rev. Thomas Albert Emerson Old Cemetery Fund
1,000.00
Rev. Thomas Albert Emerson Old Cemetery Fund, interest balance available 127.02
Carried Forward
$29,435.06
REPORT OF TOWN TREASURER
143
Brought Forward
$29,435.06
Flint Old Burial Ground Fund
2,000.00
Flint Old Burial Ground Fund, interest balance available 252.31
Stimpson Family Burial Lot Fund
200.00
Stimpson Family Burial Lot Fund, interest balance available
28.08
Clarissa E. Swain Burial Lot Fund
500.00
Clarissa E. Swain Burial Lot Fund, interest balance available
40.23
Cornelius Sweetser Burial Lot Fund
1,000.00
Cornelius Sweetser Burial Lot Fund, interest balance available 69.21
Jane K. Vinton Burial Lot Fund 50.00
Jane K. Vinton Burial Lot Fund, interest balance available
10.04
George M. Kelley Burial Lot Fund
25.00
George M. Kelley Burial Lot Fund, interest balance available
12.27
Levi Flanders Burial Lot Fund
100.00
Levi Flanders Burial Lot Fund, interest balance available
4.24
Gad and Clarissa Chandler Carter Burial Lot Fund
200.00
Gad and Clarissa Chandler Carter Burial Lot Fund, interest balance available 41.91
P. M. Wilkinson Burial Lot Fund
50.00
P. M. Wilkinson Burial Lot Fund, interest balance available
9.57
Francis C. Robie Burial Lot Fund
25.00
Francis C. Robie Burial Lot Fund, interest balance available
2.72
James and Elizabeth Walton Burial Lot Fund in Old Cemetery
100.00
James and Elizabeth Walton Burial Lot Fund in Old Cemetery, interest balance available 2.52
Adams Coburn Burial Lot Fund in Old Cemetery
100.00
Adams Coburn Burial Lot Fund in Old Cemetery, interest balance available 1.31
Martha D. Wilson Burial Lot Fund
200.00
Martha D. Wilson Burial Lot Fund, interest balance available
10.13
J. Walter Curley Burial Lot Fund
50.00
J. Walter Curley Burial Lot Fund, interest balance available
2.32
Rev. John M. Currie Burial Lot Fund
50.00
Rev. John M. Currie Burial Lot Fund, interest balance available
2.32
Sylvester Burditt Burial Lot Fund
50.00
Sylvester Burditt Burial Lot Fund, interest balance available
1.81
Dr. John Hart Burial Lot Fund in Old Cemetery
200.00
Dr. John Hart Burial Lot Fund in Old Cemetery, interest balance available 1.67
Mary Lizzie Smith Fund for Care of Old Cannon on the Common
100.00
$34,927.72
The above trust funds are invested as follows:
United States Liberty Loan 414% Bonds Wakefield Savings Bank
$10,000.00 8,170.54
144
TOWN OF WAKEFIELD
Blackstone Savings Bank
609.57
Cambridge Savings Bank 4,830.93
5,500.00
Malden Savings Bank Charlestown Five Cents Savings Bank
5,816.68
$34,927.72
Full detail as to the nature of these funds, their incomes and detailed expenditures will be found in the Town Accountant's report.
LOAN ACCOUNT
The following sums have been borrowed on Temporary Notes in anti- cipation of revenue during the year:
$100,000.00 at 5.36 per cent discount
100,000.00 at 5.32 per cent discount
50,000.00 at 5.38 per cent discount
50,000.00 at 5.63 per cent discount
50,000.00 at 5.18 per cent discount
50,000.00 at 5.675 per cent discount
50,000.00 at 3.75 per cent discount
$450,000.00
Of this amount $300,000.00 has been paid leaving a balance due in 1930 of $150,000.00 in anticipation of revenue.
Time loans as follows have been issued during the year:
$64,000.00 Sewer 412% bonds due $5,000 in 1930 to 1933 inclusive and $4,000 in 1934 to 1944 inclusive.
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