Town of Arlington annual report 1934, Part 13

Author: Arlington (Mass.)
Publication date: 1934
Publisher:
Number of Pages: 490


USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1934 > Part 13


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Sewers


6,476.01


Parks


3,923.52


Water


19,931.19


Accounts Payable


17,257.54


Total Municipal Indebtedness .. 1,534,588.26


SINKING FUNDS:


Debt Requirements


$3,000.00


Workmen's Compensation Fund


9,000.00


Total Sinking Funds


12,000.00


AGENCY AND TRUST TRANSACTIONS:


Agency :


State Tax


$87,300.00


Old Age Assistance


32.00


State Sporting Licenses


868.00


County Tax


86,849.23


County Dog Tax


3,114.00


Trust:


Trust Fund Purchases


18,412.81


Tax Title Redemption


2,003.43


Special Service Deposits Refunded.


1,752.53


Special Service Deposits Transferred to


Income


2,825.91


Federal Emergency Relief Fund - Re-


3,028.20


Total Agency and Trust Tran- sactions


206,186.11


CASH BALANCES DECEMBER 31, 1934


General


$24,504.48


Sinking and Special Funds


73,393.75


Perpetual Care Funds


89,774.44


Other Public Trust Funds


118,518.78


Private Trust Funds


20,682.64


funded


Total Cash, End of Year 326,874.09


Grand Total Payments and Cash on Hand $4,341,411.11


BORROWING CAPACITY


Assessors' Valuations : December 31, 1934:


*1932 Taxes $ 64,124,108.00


*1933 Taxes 61,970.603.00


*1934 Taxes 62,217,530.00


$188,312,241.00


Average Valuation ... 62,770,747.00


3% of Average valu- ation


$1,883,122.41


Town Debt:


December


31, 1934 $1,483,500.00 Less Sinking


Funds on


Loans not Exempt 36,856.20


$1,446.643.80


Less Loans Exempt :


Water $180,000.00


Sewer 100,000.00


Parks 15,000.00 $295,000.00


$1,151,643.80


Borrowing Capacity December 31, 1934.


$731,478.61


*Includes Value of Motor Vehicles


234


SINKING FUND 1934


Balance December 31, 1933 $133,413.14


Receipts


Interest on:


High School 2nd Add'n Loan $2,090.00


Boston "El" Bonds, $5000 275.00


U. S. Treasury Bonds 45/56, $5000 187.50


Fourth Liberty Bonds, $15,000


637.50


U. S. Treasury Bonds, 47/52 $2,000 85.00


Harlem and Pt. Chester-New


Haven R.R. Bonds 600.00


B. & M. R. R. Bond


25.00


U. S. Treasury Bonds 43/47, $10,000


337.50


Boston "El" Bonds, 41/2 $5000 ....


112.50


Arlington Five Cents Savings Bank Deposit 318.64


Menotomy Trust Co. Int. Dept.


960.71


Appropriation at Annual Meet-


ing 3,000.00


8,629.35


$142,042.49


Payments


Box Rent


10.00


Premium on $5000 "El" Bonds pur-


chased at 1011/2% 75.00


235


236


ARLINGTON TOWN REPORT


Accrued interest on above 99.38


184.38


Sinking Fund December 31, 1934 $141,858.11


Investment Transactions in 1934


Investments January 1, 1934 $133,413.14


Investments Increased


Purchased 5 "El" 41/2% Bonds due


October 1, 1937 $ 5,000.00


Deposited in Arlington Five Cents Savings Bank 5,486.76


Deposited in Menotomy Trust Co.


Savings Dept.


6,958.21


17,444.97


$150,858.11


Investments Decreased


High School 2nd Addition Loan


Note 987 matured $ 4,000.00


Boston "El" 51/2% bonds matured 5,000.00


9,000.00


$141,858.11


Investments


Fifteen N. H. R. R. Bonds due 1954 4% 15,000.00


One B. & M. R. R. Bond 5% 500.00


Fourth Liberty Bonds 41/4% 15,000.00


U. S. Treasury Bonds, 47/52 41/4% .. 2,000.00


237


TOWN ACCOUNTANT'S REPORT


U. S. Treasury Bonds, 43/47 33/8% 10,000.00


U. S. Treasury Bonds, 46/56 33/4% 5,000.00


Boston "El" Bonds, 41/2%, due 1937 41/2% 5,000.00


High School 2nd Add'n Loan 43/4%, due serially 1935-47 42,000.00


Arlington Five Cents Savings


Bank, Book No. 14554 14,337.65


Menotomy Trust Co.Savings Dept. 33,020.46


$141,858.11


ROSCOE R. PERRY VAL T. HANSON W. D. CLARK, JR. Commissioners.


CHARLES A. HARDY, Treasurer


CLARENCE NEEDHAM, Accountant


MUNICIPAL BUILDINGS INSURANCE FUND 1934


Balance, December 31, 1933 $65,604.77


Receipts


Interest on:


Boston "El" 51/2% Bonds, $5000 -$ 275.00


Boston "El" 41/2% Bonds, $5000 112.50


U. S. Treasury Bonds 33/4% $5000 187.50


U. S. Treasury Bonds 41/4% $10,000 425.00


Fourth Liberty Bonds $25,000 ....


1,062.50


U. S. Treasury Bonds 33/4 % ......


168.75


Arlington Five Cents Savings Bank


116.10


Menotomy Trust Co. Savings


Dept.


397.52


$2,744.87


$68,349.64


Payments


Premium on $5000 "El" 41/2%


Bonds purchased at 1011/2 .. 75.00


238


239


ARLINGTON TOWN REPORT


Accrued interest on same


99.38


Paid Town for disbursement


1,031.96


$1,206.34


Insurance Fund December 31, 1934


$67,143.30


Investment Transactions in 1934


Investments, January 1, 1934 $65,604.77


Purchased 5 . "El" Bonds 41/2%,


due October 1, 1937 5,000.00


Deposited in Menotomy Trust


Co. Savings Dept.


340.56


Deposited in Arlington Five


Cents Savings Bank


6,197.97


$11,538.53


$77,143.30


Investments decreased in 1934


Boston "El" 51/2% Bonds matured 5,000.00


Fourth Liberty Bonds called 5,000.00


$10,000.00


$67,143.30


Investments


U. S. Treasury 41/2% Bonds 47/52 10,000,00 U. S. Treasury 33/8% Bonds 43/47 5,000.00 U. S. Treasury 33/4% Bonds 46/56 5,000.00 Fourth Liberty Bonds 41/4% 33/38 20,000.00


240


ARLINGTON TOWN REPORT


Boston "El" Bonds 41/2% due Oct.


1, 1937 5,000.00


Arlington Five Cents Savings Bank Book No. 40412 8,816.59


Menotomy Trust Co. Savings Dept. 13,326.71


$67,143.30


ROSCOE R. PERRY, VAL T. HANSON, W. D. CLARK, Jr.


Commissioners


CHARLES A. HARDY, Treasurer.


CLARENCE NEEDHAM, Accountant.


WORKMANS' COMPENSATION INSURANCE FUND 1934


Principal of Fund and Accumulated Income, January 1, 1934 $4,178.06


Receipts


Interest on Menotomy Trust Co.


Savings Dept.


$126.17


Appropriation at Annual Town


Meeting 9,000.00


$9,126.17


Payments


$13,304.23


Paid Town for disbursements ... $9,411.89


$3,892.34


Investments


Menotomy Trust Co. Savings


Dept. Book No. 1686


$3,892.34


ROSCOE R. PERRY, VAL T. HANSON, W. D. CLARK, Jr.


Commissioners


CLARENCE NEEDHAM, Accountant.


CHARLES A. HARDY, Treasurer.


241


ROBBINS LIBRARY ART FUND 1934


Principal of Fund


$25,000.00


Accumulated Income, Jan. 1, 1934 18,224.95


$43,224.95


Receipts


Interest on:


Fourth Liberty Bonds (6 mos.) .. $63.75


Home Owners' Loan Corp. 3% Bonds 1952 45.00


Arlington Five Cents Savings


Bank Deposit


1,313.06


$1,421.81


$44,646.76


Payments


Commission on purchase Home Owners' Loan 3% $4.75


Accrued interest on above 40.19


Paid Town for disbursements


647.30


Paid Holman's Print Shop


14.37


$706.61


$43,940.15


242


243


ARLINGTON TOWN REPORT


Investment transactions


Total Fund and Accumulated In-


come January 1, 1934 43,224.95


Purchased $3000 Home Owners' Loan 3% of 1952 at 96.7 2,886.56


Deposited in Arlington Five Cents Savings Bank 828.64


$46,940.15


Investments decreased


Fourth Liberty Bonds called $3,000.00 $43,940.15


Investments


$3000 Home Owners' Loan 3% Bonds 1952


$2,886.56


Arlington Five Cents Savings


Bank Book No. 20095 41,053.59


$43,940.15


CYRUS E. DALLIN, WILLIAM A. MULLER, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, CHARLES A. HARDY, Treasurer. Trustees.


CLARENCE NEEDHAM, Accountant.


HENRY MOTT LIBRARY FUND 1934


Principal of Fund $5,200.00


Receipts


Interest on Arlington Five Cents


Savings Bank deposit 170.37


$5,370.37


Payments


Paid Town for disbursements $170.37


........ Investments


$5,200.00


Arlington Five Cents Savings Bank


Book No. 15101 $5,200.00


CYRUS E. DALLIN, WILLIAM A. MULLER, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


244


TIMOTHY WELLINGTON LIBRARY FUND 1934


Principal of Fund


$100.00


Receipts


Interest on Arlington Five Cents


Savings Bank $3.27


$103.27


Payments


Paid Town for disbursements


$3.27


$100.00


Investments


Arlington Five Cents Savings Bank,


Book No. 15103 $100.00 1


- WILLIAM A. MULLER, CYRUS E. DALLIN, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


245


ELLEN W. HODGDON LIBRARY FUND 1934


Receipts


Principal of Fund $1,000.00


Interest on Arlington Five Cents


Savings Bank deposit $32.76


$1,032.76


Payments


Paid Town for disbursements


$32.76


$1,000.00


Investments


Arlington Five Cents Savings Bank,


Book No. 45368 $1,000.00


CYRUS E. DALLIN, WILLIAM A. MULLER, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


246


CHILDREN'S BOOK FUND 1934


Principal of Fund $5,000.00


Receipts


Interest on N. J. Central Power


Co. 5% Bonds 250.00


$5,250.00


Payments


Paid Town for disbursement $250.00


$5,000.00


Investments


Six N. J. Central Power Co. 5%


Bonds 1947 $5,000.00


CYRUS E. DALLIN, WILLIAM A. MULLER, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


247


DEXTER RAWSON FAY LIBRARY FUND 1934


Principal of Fund, received June 12, 1934 .. $1,741.60


Receipts


Interest on:


Arlington Co-operative Bank ... $26.30


Arlington Five Cents Savings


Bank 2.37


$28.67


$1,770.27


Expenditures


Paid Town for disbursement $28.67


$1,741.60


Investment Transactions in 1934


Received from N. Emmons Fay Trustee $1,741.60


Purchased 8 maturing shares 4% from Arlington Co-operative Bank


$1,585.25


Deposited in Arlington Five Cents Savings Bank 156.35


$1,741.60


248


249


TOWN ACCOUNTANT'S REPORT


Investments


Eight matured shares, 4% in Arl-


ington Co-operative Bank $1,600.00


Arlington Five Cents Savings


Bank Book No. 51672 141.60


$1,741.60


CYRUS E. DALLIN, WILLIAM A. MULLER, M. HELEN TEELE, THERESE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees. CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


E. NELSON BLAKE LIBRARY FUND 1934


Principal of Fund, received Oct. 9, 1934. $4,000.00


Receipts


Interest on:


$4,000 Home Owners' Loan Corp


Bonds $60.00


Arlington Five Cents Savings


Bank .36


$60.36


$4,060.36


Payments


Accrued interest on Bonds


$58.00


Paid Town for disbursement


2.36


60.36


$4,000.00


Investment Transactions in 1934


Cash from sale of G. A. R. Hall


$4,000.00


Purchased $4,000 Home Owners'


Loan Bonds, 3%, due in 1952


$3,920.00


Commission on same


6.25


Accrued interest on same


58.00


Deposited in Arlington Five Cents Savings Bank 15.75


$4,000.00


250


251


ARLINGTON TOWN REPORT


Investments


Home Owners' Loan Corp. Bonds


1952 3%, guaranteed by U. S. Government


$3,926.25


Arlington Five


Cents


Savings


Bank, Book No. 52201 73.75


$4,000.00


WILLIAM A. MULLER, CYRUS E. DALLIN, M. HELEN TEELE,


THERESE N. TURNER,


CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


NATHAN PRATT LIBRARY FUND 1934


Principal of Fund


$10,000.00


Receipts


Interest on:


Liberty Bonds, Fourth Issue .... $42.50


Arlington Five Cents Savings


Bank Deposit


297.74


$340.24


$10,340.24


Payments


Paid Town for disbursement


$340.24


$10,000.00


Investment Transactions in 1934:


One Liberty Bond, 4th issue, called


$1,000.00


Deposited in Arlington


Five


Cents Savings Bank


1,000.00


Investments


Arlington Five


Cents


Savings


Bank, Book No. 40850 10,000.00


$10,000.00


ROSCOE R. PERRY,


ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


252


NATHAN PRATT HIGH SCHOOL FUND 1934


Principal of Fund $25,000.00


Interest on: Receipts


N. Y., N. H. & H. R. R. Bonds $520.00


Water Loan 1925 160.00


Arlington Five Cents Savings


Bank


259.87


$939.87


$25,939.87


Payments


Paid Town for disbursement


$939.87


$25,000.00


Investment Transactions in 1934


Water Loan 1925 Note 441 Ma-


tured


$2,000.00


Deposited in Arlington Five Cents


Savings Bank 1,000.00


Investments


Thirteen N. Y., N. H. R. R.


Bonds 4%


$13,000.00


One Water Loan 1925 Note due


1935 2,000.00


253


254


ARLINGTON TOWN REPORT


Arlington Five Cents Savings Bank Book No. 40413 10,000.00


$25,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


Trustees.


E. NELSON BLAKE, JR. MEMORIAL FUND 1934


Principal of Fund


$3,000.00


Receipts


Interest on Arlington Five Cents


Savings Bank deposit $98.28


$3,098.28


Payments


Paid Town for disbursement


$98.28


$3,000.00


Investments


Arlington Five Cents Savings Bank,


Book No. 12541 $3,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


255


NATHAN PRATT POOR WIDOWS' FUND 1934


Principal of Fund $5,000.00


Receipts


Interest on:


Liberty Bonds 4th issue


$42.50


Water Loan 1925 Note


40.00


Arlington Five Cents Savings


Bank


98.28


$180.78


Payments


$5,180.78


Paid Town for disbursement. ..


$180.78


$5,000.00


Investments


One Liberty Bond, 4th issue 41/4% $1,000.00


One Water Loan Note 4% due Dec. 30, 1936 1,000.00


Arlington Five Cents Savings Bank Book No. 40450


3,000.00


$5,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


256


E. S. FARMER POOR WIDOWS' FUND 1934


Principal of Fund $5,000.00


Receipts


Interest on:


Liberty Bonds, fourth Issue ...... $42.50


Arlington Five Cents Savings


Bank


131.05


173.55


Payments


$5,173.55


Paid Town for disbursement


$173.55


$5,000.00


Investments


Arlington Five Cents Savings Bank, Book No. 40379


$4,000.00


One Liberty Bond, Fourth Issue 41/4% 1,000.00


$5,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


257


E. S. FARMER RELIEF FUND 1934


Principal of Fund


$5,000.00


Receipts


Interest on:


U. S. Treasury Bond $33.75


West End Bond


50.00


Arlington Five Cents Savings


Bank


104.17


$187.92


Payments


$5,187.92


Paid Town for disbursement ........


$187.92


$5,000.00


Investments


U. S. Treasury Bond 1947 33/8 % .... $1,000.00


855.00


West End Ry. Bond 1944 5% .. Arlington Five Cents Savings Bank, Book No. 20873 3,145.00


$5,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, VAL T. HANSON, W. D. CLARK, Jr.,


Trustees.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


258


MARY CUTTER POOR WIDOWS' FUND 1934


Principal of Fund $613.11


Receipts ·


Interest on Arlington Five Cents Savings Bank Deposit 20.08


$633.19


Payments


Paid Town for Disbursements $20.08


$613.11


Investments


Deposited in Arlington Five Cents


Savings Bank, Book No. 15,105 $613.11


LEONARD COLLINS, GEORGE H. LOWE, Jr., ERNEST W. DAVIS, Trustees, ex-officio.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


259


MARTHA M. W. RUSSELL POOR WIDOWS' FUND 1934


Principal of Fund $1,704.23 ... ... ...


Receipts


Interest on Arlington Five Cents


Savings Bank Deposit


55.83


$1,760.06


Payments


Paid Town for Disbursement


$55.83


$1,704.23


Investments


Arlington Five Cents Savings Bank,


Book No. 439 1,704.23


LEONARD COLLINS, GEORGE H. LOWE, Jr., ERNEST W. DAVIS, Trustees ex-officio.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


260


WILLIAM CUTTER SCHOOL FUND 1934


Receipts


Principal of Fund $5,354.00


Interest on:


Water Loan, 1925 $120.00


Arlington Five Cents Savings Bank Deposit 77.13


197.13


$5,551.13


Payments . .


Paid Town for Disbursements 197.13


$5,354.00


Investments


Two Water Loan, 1925 Notes,


4% due Dec. 31, 1936-37 .... 3,000.00


Arlington Five Cents Savings


Bank Book No. 15,102 2,354.00


$5,354.00


LEONARD COLLINS, GEORGE H. LOWE, Jr., ERNEST W. DAVIS,


CHARLES A. HARDY, Treasurer


CLARENCE NEEDHAM, Accountant


Trustees ex-officio.


261


MARTHA M. W. RUSSELL SCHOOL FUND 1934


Principal of Fund


$5,327.86


Receipts


Interest on:


Water Loan, 1925 $120.00


Arlington Five Cents Savings Bank Deposit 76.24


196.24


$5,524.10


Payments


Paid Town for Disbursement


196.24


$5,327.86


Investments


Two Water Loan, 1925 Notes


4% due Dec. 31, 1938-39 .... $3,000.00


Arlington Five Cents Savings Bank, Book No. 9,373 2,327.86


$5,327.86


LEONARD COLLINS, GEORGE H. LOWE, Jr., ERNEST W. DAVIS, Trustees ex-officio.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


262


JULIA FILLEBROWN FUND 1934


Principal of Fund $100.00


Receipts


Interest on Arlington Five Cents


Savings Bank Deposit 3.27


$103.27


Payments


Paid Town for Disbursements


3.27


$100.00


Investments


Arlington Five Cents Savings Bank · Book No. 15,841 · $100.00


LEONARD COLLINS, GEORGE H. LOWE, Jr., ERNEST W. DAVIS, Trustees, Trustees, ex-officio


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


263


PERPETUAL CARE FUND 1934


Amount of Fund January 1, 1934


$97,354.00


Received for Perpetual Care of Lots 8,351.00


Permanent Fund, December 31, 1934


$105,705.00


Income Account


Balance of income Jan. 1, 1934 $13,246.57


Interest on :


"El" Bonds 51/2% $4,000 .... 275.00


"El" Bonds 61/21/2 $10,000 .. 650.00


West End Bonds 5% $5000


250.00


U. S. Treasury 41/4-31/4%, 43/45


212.50


First Liberty Bonds $5000 ..


212.50


Lake St. John, 1924


240.00


Arlington Five Cents Sav- ings Bank 1,130.09


Menotomy Trust Co., Sav-


ings Department


1,248.53


17,465.19


$123,170.19


264


265


TOWN ACCOUNTANT'S REPORT


Expenditures


Paid Town for Disbursement $4,045.75


Permanent Fund and Income Dec. 31, 1934 $119,124.44


Investment Transactions in 1934


Total investments Jan. 1, 1934


$110,600.57


Took in exchange one 43/45


U. S. Treasury Bond 41/4- 31/4 % 5,000.00


Deposited in Arlington Five Cents Savings Bank 5,772.84


Deposited in Menotomy Trust Co., Savings Department .... 2,631.03


Deposited in Boston Five Cents Savings Bank 4,000.00


Deposited in Provident Insti-


tution for Savings 2,120.00


$130,124.44


Investments Decreased


Fourth Liberty Bonds ma- tured and exchanged $5,000.00


Lake St. Loan, Note 329 ma- tured 1,000.00


"El" Bonds 51/2% 1934 ma- tured 5,000.00


11,000.00


$119,124.44


266


ARLINGTON TOWN REPORT


Investments


Five Lake St. Notes, 4% due


serially Oct. 1, 1935-39 .... . $5,000.00


Five First Liberty Bonds 41/2% 5,000.00


One U. S. Bond, 41/4-31/4%, 43/45 5,000.00


Ten "El" Bonds 61/2%, 1957 ....


10,000.00


Five West End Bonds 5%, 1944 4,350.00


Arlington Five Cents Savings Bank 40,220.80


Menotomy Trust Co., Savings Department


43,433.64


Boston Five Cents Savings Bank 4,000.00


Provident Institution for Sav- ings


2,120.00


$119,124.44


J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W. HILL, Cemetery Commissioners.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


!


SAMUEL C. BUCKNAM CEMETERY FUND 1934


j


Permanent Fund


$2,000.00


Income Account


Balance from 1933


$28.07


Interest on:


Arlington Five Cents Sav-


ings Bank deposit. 66.44


94.51


Expenditures


$2,094.51


Paid Town for Disbursement


66.44


$2,028.07


Investments


Aslington Five Cents Savings Bank Book No. 12,248 $2,028.07


J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W. HILL, Cemetery Commissioners.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


267


-


SOLDIERS' MONUMENT FUND 1934


Permanent Fund


$2,000.00


Income Account


Balance from 1933


$896.54


Interest on Arlington Five


Cents Savings Bank deposit 94.89


991.43


Expenditures


Paid Town for Disbursement. 50.00


Balance Income Account, Dec. 31, 1934 .. .... $941.43


Total Fund and Accumulated Income $2,941.43


Investments


Arlington Five Cents Savings Bank


Book No. 6,977 $2,941.43


E


J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W: HILL, Cemetery Commissioners.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


268


ROBBINS CEMETERY FUND 1934


Permanent Fund


$5,000.00


Income Account


Balance from 1933


$425.14


Interest on :


Water loan 1925 note. 120.00


Arlington Five Cents Sav-


ings Bank deposit


80.35


625.49


Expenditures


Paid Town for Disbursement


200.35


Balance Income Account, Dec. 31, 1934 ....


425.14


Total Fund and Accumulated Income. ....... $5,425.14


Investments


Arlington Five Cents Savings Bank Book No. 6,758 $2,425.14


Two Water Loan 1925 Notes, 4%, due Dec. 31, 1939-40. ... 3,000.00


$5,425.14


J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W. HILL, Cemetery Commissioners.


CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.


269


Report of the Trustees of the Elbridge Farmer Fund For the Year Ending December 31, 1934


Receipts


10M Duke Power Co., 41/2%


Bonds, due 1967-Interest .. $450.00


5M Illinois Central R.R. 43/4s, due 1966-Interest


237.50


5M Grand Trunk Railroad 6s, due 1936-Interest


300.00


10M Boston Elevated St. Ry.


4s, due 1935-Interest


148.89


10M U. S. Treasury 3s, due 1955-Interest 300.00


Arlington Five Cents Savings Bank-Interest 50.05


Menotomy Trust Company - Interest 340.69


Provident Institution for Sav- ings-Interest 90.00


Suffolk Savings Bank, Interest


90.00


Boston Five Cents Savings Bank-Interest


90.00


$2,097.13


Sale of $10,000.00 Boston Ele-


vated St. Ry. Bonds


9,800.00


$11,897.13


Disbursements


Menotomy Trust Company, Vault $5.50


Treasurer, Town of Arlington


for Robbins Library 2,091.63


Expense-Sale of Boston Ele-


vated St. Ry. Bonds


29.00


$2,126.13


270


271


TOWN ACCOUNTANT'S REPORT


Investments


10M Duke Power Company,


41/2% bonds, due 1967 $10,000.00


5M Illinois Central Railroad 43/4% bonds, due 1966 5,000.00


5M Grand Trunk Railroad 6% bonds, due 1936 5,000.00


10M U. S. Treasury 3% bonds, due 1955 8,525.00


Arlington Five Cents Savings Bank 1,540.00


Menotomy Trust Co., Savings Department 12,771.00


Boston Five Cents Savings Bank


3,000.00


Provident Institution for Sav- ings 3,000.00


Suffolk Savings Bank


3,000.00


$51,836.00


JOHN A. BISHOP, EBEN F. DEWING, JAMES A. BAILEY, JOHN G. BRACKETT, WILLIAM D. ELWELL, Trustees.


CLARENCE NEEDHAM, Accountant.


REPORT OF THE BOARD OF SELECTMEN


At the annual Town Election held March 5, 1934, Mr. Ernest W. Davis was elected a member of the Board of Selectmen for a term of three years. The Board organized with Mr. Leonard Collins as Chairman, and Mr. James J. Golden, Jr., as Secretary.


The regular meetings of the Board are held in the Selectmen's Room, Town Hall, on Monday evenings of each week. Routine matters are considered, interviews are held with heads of departments, hearings are given on petitions as required by law and audiences are given to individuals, committees and delegations by appoint- ment. Due to many important matters confronting the Board during the year many additional meetings have been held on other evenings of the week.


The Board has seen 1934 bring to an end a year that has been unduly weighted with economic distress. It has seen our hopes for better business conditions, for in- creased employment, and for lessened welfare burdens, shattered. Thanks to the voluntary employees contribu- tion of 10% of their salaries during the first six months of the year, together with the great assistance rendered by the E. R. A., the welfare drain upon our Town did not reach the colossal proportions anticipated.


The reports of the Welfare and the Soldiers' Relief De- partments will be found elsewhere in this edition, and will prove illuminating in disclosing the heavy burden of the Town in aiding those in need within our community. The Board is desirous of publicly commending Mr. Clifford W. Cook for his able and conscientious discharge of his du- ties, as Agent of these very important departments.


272


273


BOARD OF SELECTMEN


POLICE DEPARTMENT


The paramount duty of our Police Department is serv- ice to the citizens of the Town. Its personnel, equipment, efficiency and morale are assurances of adequate protec- tion to the Public Safety.


The Department continues to maintain and operate its radio broadcasting system, which has proved invaluable, making possible the apprehension of criminals within a few minutes of their having committed a crime. The hook- up with Lexington, Winchester and Woburn at a mini- mum cost to each of $300 per year has been of mutual satisfaction, and furnishes a second line of defense partly surrounding the Town. It is expected that Reading and Stoneham will join in this radio hook-up during the com- ing year.


On April 16, Sergeants Thomas F. Sullivan and Daniel P. Barry were appointed Lieutenants.


The Annual Report of Chief Bullock found elsewhere in this edition will give in more detail the extent of the department's activities.


FIRE DEPARTMENT


The work of this department under the wise and able administration of Chief Tierney has enabled it to con- tinue in the forefront of the Fire Departments of the Commonwealth.


The Department has continued to conduct in co-opera- tion with the State Department of Education, a training school for firemen. The completion of each course has been the occasion of a banquet with suitable exercises and the attendance of officials responsible for this innovation.


The Chief's Annual Report found elsewhere in this edi- tion contains in more detail the accomplishments of the year.


274


ARLINGTON TOWN REPORT


GENERAL MATTERS


On April 16, Arthur W. Sampson was appointed Regis- trar of Voters to fill the vacancy occasioned by the resig- nation of Eben F. Dewing.


The nineteenth of April (Patriots' Day) was observed by suitable exercises arranged for in conjunction with the General Committee of Boston. The local military and pa- triotic organizations co-operated in arranging and carry- ing out the program. Revere and Dawes made their usual visit with their escorts and were entertained at the Town Hall.


The U. S. Government has continued to make available certain funds for the direct relief of the unemployed of the country. During the month of March the Civil Works Administration (C. W. A.) was discontinued and the Fed- eral Emergency Relief Administration (E. R. A.) sub- stituted in its place. The Town is the beneficiary of an allotment of funds each month which have increased monthly from the meagre sum of $12,000 in the month of May to the sum of $35,000 in the month of December. There are at present approximately seven hundred (700) men and women employed under the E.R.A. in Arlington. Projects of a varied nature have been executed and all deemed suitable from the viewpoint of improvement to Town property, relief to Welfare and unemployed.




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