USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1950 > Part 20
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72,000.00
Police Station Loan 1949
95,000.00
$ 1,326,000.00
INDEBTEDNESS ACCOUNT-DUE 1951 TO 1973 INCLUSIVE
Loans Outstanding Dec. 31, 1950
Due
Due
Du
Due
Due
Due
Due
Due
Due
Due
Due
Due 1962
Due 1963
Du 1964
Due 1965
Due 1966
Due
Due
Due
Due
Due
Due
Sewer Loan 1947
9,000.00
3,000.00 *
3,000.00
3,000.00
Sewer Loan 1948
91,000.00
7,000.00
7,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
$ 5,000.00
Sewer Loan 1949
242,000.00
13,000.00
13,000.00
13,000.00
13,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
Sewer Loan 1950
59,000.00
4,000.00 9,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
3,000.00
Street Loan 1947
54,000.00
9,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
5,000.00
Street Construction 1950
33,000.00
4,000.00
4,000.00
4,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
Highway Building and Police Station Loan
72,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
Police Station Loan 1949
95,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00 10,000.00
5,000.00 10,000.00
5,000.00
5,000.00
5,000.00
Hurd School Building Loan 1948
210,000.00
15,000.00
15,000.00
15,000.00 3,000.00
2,000.00
Water Loan 1942
5,000.00
3,000.00
2,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
2,000.00
1,000.00
Water Loan 1950
100,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
Water Mains Loan 1947
6,000.00
2,000.00
2,000,00
2,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
70,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
12,000.00
4,000.00
4,000.00
4,000.00
$ 1,326,000.00 $117,000.00 $116,000.00
$114,000.00 $ 98,000.00 $ 91,000.00 $ 91,000.00 $ 77,000.00
$ 77,000.00
$ 74,000.00 $ 68,000.00
$ 62,000.00
$ 56,000.00
$ 50,000.00
$ 50,000.00 $ 42,000.00 $ 33,000.00 $ 30,000.00 $ 25,000.00
$ 15,000.00
$ 10,000.00
$ 10,000.00 $ 10,000.00 $ 10,000.00
Sewer Loan 1946
s
86,000.00
$ 6,000.00 $ 6,000.00
$
$
6,000.00 $ 6,000.00 $
6,000.00
$ 6,000.00
$ 6,000.00
$ 6,000.00
$ 6,000.00
$ 5,000.00
5,000.00
$ 5,000.00
$ 3,000.00
1967
1968
1970
1971
197
1973
1951
1952
195
1954
1955
1956
195
1958
195
1960
1961
Street Loan 1948-Second Issue
Street Loan 1949
53,000.00
7,000.00
7,000.00
7,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
24,000.00
3,000.00
9,000.00
9,000.00
9,000.00
9,000.00
9,000.00
15,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
Water Mains Relaying Loan 1939
11,000.00
3,000.00
3,000.00
Water Loan 1946
30,000.00
Water Mains Loan 1948
55,000.00
5,000.00
5,000.00
5,000.00
Water Mains Loan 1949
Water and Sewer Loan 1948
6,000.00
$ 3,000.00
Due 1969
5,000.00 10,000.00
10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00
Street Loan 1948-First Issue
3,000.00
15,000.00 15,000.00
5,000.00 10,000.00
$ 5,000.00
$152,396.85
Forest Glade Cemetery Funds Jonathan Nichols Temperance Fund Investment Post War Rehabilitation Fund
34,110.00 1,741.46
65,000.00
$152,396.85
RETIREMENT SYSTEM FUNDS-CASH AND SECURITIES
Balance, January 1, 1950
$219,530.29
Payments:
Transfers from Payroll Deductions
28,326.78
Pensions and Annuities
$ 48,601.09
From Town Appropriations:
Administration Expense
1,286.76
For Pensions
$ 43,047.00
Refunds-Members Deductions
5,714.07
Members Military Service
145.19
Decrease Value Bank Stock
537.50
Expense Fund
1,201.45
Balance December 31, 1950
241,785.88
$ 44,393.64
Interest and Dividends
5,362.09
Interest U. S. War Bonds
312.50
$297,925.30
$297,925.30
REPORT
OF TOWN ACCOUNTANT
303
304
TOWN OF WAKEFIELD
The accounts of the Treasurer have been examined and found to be in agreement with the Accountant's books.
Cash Balances have been verified and found to be distributed as follows:
General Funds-on deposit in:
Wakefield Trust Company $710,237.77
First National Bank of Boston 102,789.60
Second National Bank of Boston 79,043.37
Cash in hands of Treasurer not deposited
until January 1951 7,349.50
Total December 31, 1950
$899,420.24
Trust Funds have been checked by examination of Savings Bank deposit books.
Investment Funds have been checked and found in the custody of the Treasurer and consist of the following:
U. S. War Bonds 21/2 %-Series G $ 65,000.00
Funds of the Contributory Retirement System have been checked by examination of Co-operative Bank Books, securities, and the statement of the Wakefield Trust Company covering the checking account, and have been found to be in agreement with the Town Accountant's books.
Funds are invested as follows: Wakefield Savings Bank $ 5,220.34
Melrose Savings Bank 5,224.58
Malden Savings Bank 10,501.35
$ 20,946.27
Co-operative Banks - Serial Shares including accrued interest $103,900.10 70,000.00
United States War Bonds 21/2 % Series G
100 shares First National Bank of Boston - purchase price $ 3,900.00
100 shares National Shawmut Bank of Boston purchase price 2,287.50
$ 6,187.50
Added value to equal market value of Bank Stocks Adjustment
1,587.50
7.88
$ 1,579.62
Wakefield Trust Company-Checking Account $ 38,666.42
Check for Payroll Deductions in hands of Treas- urer not deposited until January 1951 505.97
$ 39,172.39
Total Funds December 31, 1950
$241,785.88
305
REPORT OF TOWN ACCOUNTANT
All cancelled permanent and temporary loans paid during the year by the Treasurer have been examined and found to be as reported.
I wish to express my appreciation to the Honorable Board of Select- men and to all other officers and employees who have co-operated in carrying on the financial administration as designed by the Accounting Department.
Respectfully submitted, JOHN J. MCCARTHY, Town Accountant
306
TOWN OF WAKEFIELD
Index to Town Officers' Reports
Animal Inspector
152
Assessors
157
Births
80
Board of Public Works
124
Building Inspector
150
Compensation Agent
151
Deaths
105
Dog Licenses
111 152
Dog Officer
Election Results and Town Meetings
11
Fire Department
120
Forest Warden
123 159
Health Department
Hunting and Fishing Licenses
111
Indebtedness Account
302
Jurors
6
Library Trustees
161
Light Department
171
Marriages
91 170
Moth and Tree Division
136 138
Park and Cemetery Division
Planning Board
169 160
Police Department
Recreation Commission
Retirement Board
School Department
Sealer of Weights and Measures
Selectmen
112 143
Sporting Licenses
111
State Election
76 125
Sweetser Lecture Committee
155
Town Accountant
247
Town Meetings
13
Town Officers 1950-1951
3
Treasurer
188 140
Water and Sewerage Board
149
Water Department
143
Wire Inspector
122
Welfare Department
178
.
.
.
.
115 186 153 210 156
Sewer Department
Sewer Division
147
Street Superintendent
Water and Sewerage Division
Milk and Food Inspector
Plumbing Inspector
307
INDEX TO TOWN ACCOUNTANT'S REPORT
Index to Town Accountant's Report
Accounting
252
Accounts Receivable-Various Departments
296
Aid to Dependent Children
263
Aid to Dependent Children-Fed. Funds
250, 263
Appeals Board
248, 272
Appropriations
261, 285
Appropriations Schedule
273
Appropriations Balances Transferred to Revenue
279
Armistice Day
272
Assessors
254
Available Balances
280
Balance Sheet
295
Betterment Assessments
247
Blue Cross Deductions
250, 272, 282
Bond, Accrued Interest
251
Bond Issues
251, 275, 281
Building Inspector
248, 259
Cemetery Sale of Lots and Graves
249, 283
Civil Defense
253
Collector 248, 253
Commonwealth of Massachusetts-Receipts 251
Commonwealth of Massachusetts-Old Age Assistance 251
Compensation Account 259
250, 278
Dog Licenses
248, 250, 272
Dog Officer
260
Dumps
260
Election and Registration
255
Excess and Deficiency
285
Excise Tax-Motor Vehicle
247
Federal Withholding Taxes
250, 272, 282
Finance Committee
272
Fines and Forfeits
248
Fire 248,
257
Fire Alarm, Police Signal, Traffic Lights
284
Fire and Liability Insurance 272
258
Franklin School, Special Appropriation
265
Garbage
260
Health 248,
260
Highway
250, 251, 261
Highway Building (new)
261
Highway Chap. 90
.
251, 261, 280
Forest Warden
Cox Scholarship Fund
308
TOWN OF WAKEFIELD
Hurd School Addition
265
Hydrant Rental
258
Indebtedness Account-insert following
302
Infirmary
249, 264
Inspector of Animals 260
Inspector of Buildings
259
Inspector of Plumbing
260
Inspector of Wires
259
Interest
250, 277
Investment-War Bonds
250, 303
Lafayette Building
248, 256
Legal
254
Library
249, 269
Licenses and Permits
247
Light Department 249, 272, 283
Maturing Debt
278
Memorial Day
272
Middlesex County Tax
272
Middlesex County Hospital
272
Miscellaneous Account
272
Moth Department
258
Moth Assessments
247
Old Age Assistance
249, 250, 263, 282
Old Age Assistance-Commonwealth of Mass.
251
Old Age Assistance-Fed. Funds
250
Overlay-Prior Years
296
Overlay Surplus
284, 296
Park and Cemetery
249, 270
Payments
252
Perpetual Care-Cemetery
251, 271, 278, 283
Planning Board
272
Police
248, 256
Police Station-New
251, 257
Post-War Fund Income
283
Premium on Notes and Bond
251, 278, 282
Public Works Board
253
Real Estate-Sale
247
Recreation Commission
271
Refunds
251, 278
Retirement System
272, 303
Rifle Range 272
Sealer of Weights and Measures 248, 259
Selectmen 251
Schools
249, 264
Sewer Assessments
247
Sewer Connections
250, 276, 285
282
Receipts
INDEX TO TOWN ACCOUNTANT'S REPORT 309
Sewer Construction 276
Sewer Department 250, 275
Sewerage Surveys
276
Special Assessments 250
State and Metropolitan Charges
272
Street Lights
272
Streets - New Construction, 1948, 1949, 1950
261
Sweetser Lecture Fund
250, 278
Taxes, Deferred
250
Taxes-Receipts
247
Taxes Prior Years
247
Tax Title Possessions
285
Tax Title Redemptions
247, 250
Tax Titles
285
Teachers' Retirement Fund
250, 272, 282
Temporary Loans
250, 278, 282
Town Clerk
248, 254
Town Hall
248, 256
Treasurer
248, 253
Trust Fund Account
287, 302
Trust Fund Income
250
Trust Fund Payments
278
Veterans' Benefits
264
Veterans' Burials
272
Veterans' Service Department
272
Visiting Nurse
272
Vital Statistics
255
Water Department 249, 275
Water Rates
296
Water Services
296
Welfare
248, 262
Willard Donnell Trust
250, 263
Woodville School, Special Appropriation
265
.
122702
R 352 W/4 (1950)
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