USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1935 > Part 10
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183
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward, $2,110,287.07
CEMETERIES:
Salary-Superintendent
$3,120.00
Other Personal Services
1,189.00
Wages.
15,786.12
Office Maintenance .
375.58
Other Maintenance and Supplies .
1,495.78
Grading and Improvement .
642.17
Total Cemeteries . . .
22,608.65
INTEREST:
Loans and Bonds :
Anticipation Revenue $3,556.06
Town House Site .
1,820.00
Fire Stations 1,080 00
Police Station 1,520.00
Sewers .
4,685.00
Highways
7,290.00
Schools .
35,855.00
Parks .
600.00
Water
7,035.00
Metropolitan Interest Requirements:
Sewers
$2,764.58
Parks .
8,125.38
Water
43,987.85
Total Interest. MUNICIPAL INDEBTEDNESS:
118,318.87
Loans and Bonds :
Anticipation of Revenue ... $1,100,000.00
Temporary Highway Loans 20,500.00
Loans on Tax Titles 104,937.32
Fire Station. 3,000.00
Police Station 4,000.00
Sewers .
8,000.00
Highways
40,000.00
Schools .
93,000.00
Water
38,000.00
Total Indebtedness, Forward $1,411,437.32
Forward, $2,251,214.59
184
ARLINGTON TOWN REPORT
RECEIPTS
Forward, $3,999,605.33
AGENCY, TRUST, AND INVESTMENT:
Perpetual Care Funds. $11,038.00
Public Trust Funds:
Matured Securities. 89,000.00
Tax Title Redemptions
2,894.88
Special Funds:
Special Service Deposits. .
2,801.33
Board of Survey Deposits
190.00
Dog Licenses-County . . .
3,238.20
Sporting Licenses-State .
853.00
Newsboy Badge Deposits. 27.25
Inflammable Fluid Licenses
109.00
Tailings 24.26
Total Agency, Trust and Investment 110,175.92
CASH BALANCES, JANUARY 1, 1935
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
Total Cash Balances
326,874.09
Grand Total Receipts and Cash on Hand $4,436,655.34
185
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward, $2,251,214.59
Municipal Indebtedness, forward
$1,411,437.32
Metropolitan Requirements:
Sewers
2,426.86
Parks
4,221.67
Water
21,932.48
Accounts Payable .
15,481.47
Total Municipal Indebtedness 1,455,499.80
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 .
$89,300.00
State Sporting Licenses
853.00
County Tax .
84,739.80
County Dog Tax.
3,238.20
Trust :
Trust Fund Purchases
63,000.00
Tax Title Redemption .
2,894.88
Special Service Deposits Refunded.
677.35
Special Service Deposits Transferred to In- come
2,137.86
Total Agency and Trust Transactions. . 246,841.09
CASH BALANCES DECEMBER 31, 1935
General .
$113,895.73
Sinking and Special Funds
88,125.85
Perpetual Care.
112,320.44
Other Public Trust Funds
128,003.57
Private Trust Funds .
28,754.27
Total Cash, End of Year
471,099.86
Grand Total Payments and Cash on Hand
$4,436,655.34
186
ARLINGTON TOWN REPORT
BORROWING CAPACITY
Assessors' Valuations:
December 31, 1935:
*1933 Taxes. $61,960,503.00
*1934 Taxes . 61,765,488.00
*1935 Taxes 60,836,492.00
$184,562,483.00
Average Valuation . . . 61,520,827.66
3% of Average Valu- ation .
$1,845,624.83
Town Debt:
December
31, 1935 $1,297,500.00
Less Sinking
Funds on
Loans not
Exempt 39,656.45
$1,257,843.55
Less Loans Exempt :
Water $142,000.00
Sewer 100,000.00
Parks 15,000.00 $257,000.00 $1,000,843.55
Borrowing Capacity December 31, 1935 .. . $844,781.28
* Includes Value of Motor Vehicles.
187
TOWN ACCOUNTANT'S REPORT
SINKING FUND
1935
Balance December 31, 1934 .$141,858.11
Receipts
Interest on:
Fourth Liberties $15,000, Oct.
1 to March. $264.46
Boston "El" Bonds, $5,000 412% . . 225.00
U. S. Treasury Bonds, 334%,
154.17
Oct. 15 to July 11, $5,000 . . U. S. Treasury Bonds, 414%, $2,000 85.00
U. S. Treasury Bonds, 178% $13,000. 146.25
U. S. Treasury Bonds, 33/8%, $5,000 307.50
U. S. Treasury Bonds, 278%, $15,000.
138.96
High School 2nd Add'n Loan. . Harlem & Port Chester-N. H.
1,900.00
R. R. Bonds 4%, Nov. to April .
276.45
Arlington Five Cents Savings Bank . 643.24
Menotomy Trust Co. Savings Dept. . 830.66
B. & M. R. R. Bond . 25.00
Sewer Loan 1896 Bonds 500.00
Appropriation at Annual Town Meeting
5,496.69
3,000.00
150,354.80
188
ARLINGTON TOWN REPORT
Gain on U S. Treasury Bonds
278% sold . . 267.19
Gain on U. S. Treasury Bonds 334 sold 521.88
Gain on U. S. Treasury Bonds, 33/8 sold . 382.81
1,171.88
$151,526.68
Payments
Box rent . 10.00
Commission on $15,000 N. H.
Bonds sold
37.50
Fee.
.28
Tax .
6.00
Premium on Sewer Bonds bought at 103.10.
775.00
Accrued interest on above. 111.11
Premium on U. S. Treasury Bonds bought at 101.5
150.31
Accrued interest on above.
51.43
Loss on Harlem & Port Chester sold. 1,662.50
2,804.13
Sinking Fund December 31, 1935
$148,722.55
Investment Transactions in 1935
Investments January 1, 1935. $141,858.11
Investments Increased
Purchased $13,000 U. S. Treasury
Bonds, 178% due June, 1936. . 13,000.00 Purchased $25,000 Arlington
Sewer Bonds due June, 1936 . . 25,000.00
189
TOWN ACCOUNTANT'S REPORT
Deposited in Arlington Five
Cents Savings Bank Book No. 14554. . 12,033.78
Deposited in Menotomy Trust Co. Savings Dept. Book No. 1683 830.66
50,864.44
$192,722.55
Investments Decreased
High School 2nd Addition Loan Note 988 matured. 4,000.00
Sold $15,000 Harlem & Port Chester Ry. Bonds . 13,337.50
Sold $15,000 U. S. Treasury 278%
Bonds (previously exchanged for 4th Liberties) 15,267.19
Sold $5,000 U. S. Treasury Bonds. 334% . 5,521.88
Sold $5,000 U. S. Treasury Bonds, 33/8% 5,382.81
43,509.38
$149,213.17
Investments
One B. & M. R. R. Bond 5% ... $500.00
U. S. Treasury 414% Bond 47/52 2,000.00
U. S. Treasury 33/8% Bond 43/47 5,000.00 U. S. Treasury 118% Bond 1936 13,000.00
Boston "El" 412% 1937 5,000.00
High School 2nd Addition Loan 434% 1936/47 38,000.00
190
ARLINGTON TOWN REPORT
Arlington Sewer 1896 Bonds due 1936. 25,000.00
Arlington Five Cents Savings
Savings Bank Book No. 14554 26,371.43
Menotomy Trust Co. Savings
Dept. Book No. 1683 33,851.12
$148,722.55
ROSCOE R. PERRY, VAL T. HANSON, W. D. CLARK, JR. Commissioners.
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
191
TOWN ACCOUNTANT'S REPORT
MUNICIPAL BUILDINGS INSURANCE FUND 1935
Balance, December 31, 1934.
$67,143.30
Receipts
Interest on:
$5,000 U. S. Treasury 334%
Bonds .
$187.50
$5,000 Boston "El" 412% Bonds .
225.00
$20,000 Fourth Liberty Bonds.
850.00
$5,000 U. S. Treasury 33/8% Bonds.
168.75
$10,000 U. S. Treasury 414% Bonds . 425.00
Arlington Five Cents Savings Bank . 289.70
Menotomy Trust Co., Savings Dept. 335.24
2,481.19
Insurance Fund, December 31, 1935
$69,624.49
Investment Transactions in 1935 $20,000 4th Liberty 414% Bonds exchanged for $20,000 U. S. 112% Bonds due March 15, 1939.
192
ARLINGTON TOWN REPORT
Investments
U. S. Treasury 414% Bonds 47/52 $10,000.00
U. S. Treasury 33/8% Bonds 43/47 5,000.00
U. S. Treasury 334% Bonds 46/56 5,000.00
U. S. Treasury 11/2% Bonds 1939 20,000.00
Boston "El" 412% Bonds 5,000.00
Arlington Five Cents Savings Bank . 10,962.54
Menotomy Trust Co., Savings
Dept.
13,661.95
$69,624.49
ROSCOE R. PERRY, VAL T. HANSON, W. D. CLARK, JR. Trustees.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
193
TOWN ACCOUNTANT'S REPORT
WORKMANS' COMPENSATION INSURANCE FUND
1935
Principal of Fund and Accumulated Income, January 1, 1935 $3,892.34
Receipts
Interest on Menotomy Trust Co.,
Savings Dept. $97.90
Appropriation at Annual Town Meeting 9,000.00
$9,097.90
$12,990.24
Payments
Paid Town for Disbursement. $9,711.43
$3,278.81
Investments
Menotomy Trust Co. Savings Dept. Book No. 1686 $3,278.81
ROSCOE R. PERRY, VAL T. HANSON, W. D. CLARK JR Trustees.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
194
ARLINGTON TOWN REPORT
ROBBINS LIBRARY ART FUND 1935
Principal of Fund. $25,000.00
Accumulated Income, Jan. 1, 1934 18,940.15
$43,940.15
Receipts
Interest on:
Home Owners Loan 3% Bonds
90.00
Arlington Five Cents Savings Bank . 1,238.37
$1,328.37
$45,268.52
Payments
Goodspeed's Book Shop $53.50
Holman's Print Shop
10.00
Rent of deposit box
10.00
Goodman-Walker
22.50
Paid Town for Disbursements
1,039.25
$1,135.25
$44,133.27
Investments $3,000 Home Owners Loan 3%
Bonds, 1952. .
$2,886.56
Arlington Five Cents Savings Bank Book No. 20095
41,246.71
$44,133.27
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.
195
TOWN ACCOUNTANT'S REPORT
HENRY MOTT LIBRARY FUND 1935
Principal of Fund.
$5,200.00
Receipts
Interest on Arlington
Five Cents Savings
Bank Deposit .
157.17
$5,357.17
Payments
Paid Town for Disbursements.
157.17
$5,200.00
Investments Arlington Five Cents Savings Bank Bank Book No. 15101 . $5,200.00
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.
196
ARLINGTON TOWN REPORT
TIMOTHY WELLINGTON LIBRARY FUND
1935
Principal of Fund. $100.00
Receipts
Interest on Arlington Five Cents Savings Bank deposit . $3.02
$103.02
Payments
Paid Town for Disbursements. $3.02
$100.00
Investments Arlington Five Cents Savings
Bank Book No. 15103 $100.00
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.
197
TOWN ACCOUNTANT'S REPORT
ELLEN W. HODGDON LIBRARY FUND 1935
Principal of Fund. $1,000.00
Receipts
Interest on Arlington
Five Cents
Savings Bank deposit .
$30.23
$1,030.23
Payments
Paid Town for Disbursements.
$30.23
$1,000.00
Investments Arlington Five Cents Savings Bank, Book No. 45368 $1,000.00
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.
198
ARLINGTON TOWN REPORT
CHILDRENS BOOK FUND
1935
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 Disbursements.
$250.00
$5,000.00
Investments Six N. J. Central Power Co., 5%
Bonds 1947
$5,000.00
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.
199
TOWN ACCOUNTANT'S REPORT
DEXTER RAWSON FAY LIBRARY FUND
1935
Principal of Fund. $1,741.60
Receipts
Interest on:
Arlington Five Cents Savings
Bank . .
$5.08
Arlington Co-operative Bank. . . 58.00
$63.08
$1,804.68
Payments Paid Town for Disbursement. $63.08
$1,741.60
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
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.
200
ARLINGTON TOWN REPORT
E. NELSON BLAKE LIBRARY FUND
1935
Principal of Fund . $4,000.00
Interest on: Receipts
$4,000 Home Owners' Loan
Corp. Bonds . $120.00
Arlington Five Cents Savings Bank deposit. 2.51
$122.51
$4,122.51
Payments Paid Town for Disbursement. $122.51
$4,000.00
Investments
Home Owners' Loan Bonds, 1952, 3%.
$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.
201
TOWN ACCOUNTANT'S REPORT
NATHAN PRATT LIBRARY FUND
1935
Principal of Fund. $10,000.00
Receipts -
Interest on:
Arlington Five Cents Savings
Bank
$302.25
$10,302.25
Payments
Paid Town for Disbursement
$302.25
$10,000.00
Investments
Arlington Five Cents Savings
Bank, Book No. 40850 $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.
202
ARLINGTON TOWN REPORT
NATHAN PRATT HIGH SCHOOL FUND
1935
Principal of Fund. $25,000.00
Interest on :
Receipts
N. Y., N. H. & H. R. R. Bonds $260.00
Water Loan 1925. 80.00
Arlington Five Cents Savings Bank . 302.25
$642.25
$25,642.25
Payments
Paid Town for Disbursement .
.
$642.25
$25,000.00
Investment Transactions in 1935
Water Loan 1925 Note 442 ma-
tured .
$2,000.00
Deposited in Arlington Five Cents Savings Bank . 2,000.00
Investments
Thirteen N. Y., N. H. & H. R. R.
Bonds 4% $13,000.00
203
TOWN ACCOUNTANT'S REPORT
Arlington Five Cents Savings Bank, Book No. 40413. 12,000.00 $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.
204
ARLINGTON TOWN REPORT
E. NELSON BLAKE JR. MEMORIAL FUND
1935
Principal of Fund
$3,000.00
Receipts Interest on Arlington Five Cents Savings Bank deposit . $90.68
$3,090.68
Payments
Paid Town for Disbursement
$90.68
$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.
205
TOWN ACCOUNTANT'S REPORT
NATHAN PRATT POOR WIDOWS' FUND 1935
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
93.23
$175.73
$5,175.73
Payments
Paid Town for Disbursement.
$175.73
$5,000.00
Investment Transactions in 1935
One Liberty Bond called
$1,000.00
Deposited in Arlington Five Cents Savings Bank . 1,000.00
Investments
One Water Loan 1925 Note 4%
due December 30, 1936 . $1,000.00
206
ARLINGTON TOWN REPORT
Arlington Five Cents Savings
Bank Book No. 40450 4,000.00
$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.
207
TOWN ACCOUNTANT'S REPORT
E. S. FARMER POOR WIDOWS' FUND 1935
Principal of Fund
$5,000.00
Receipts
Interest on:
Liberty Bonds, 4th issue .. . . $42.50
Arlington Five Cents Savings
Bank Deposit .
123.45
$165.95
$5,165.95
Payments
Paid Town for Disbursement.
$165.95
$5,000.00
Investment Transactions in 1935
One Liberty Bond called . .
$1,000.00
Deposited in Arlington Five Cents Savings Bank . 1,000.00
Investments Arlington Five Cents Savings Bank Book No. 40379 $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.
208
ARLINGTON TOWN REPORT
E. S. FARMER RELIEF FUND 1935
Principal of Fund. $5,000.00
Receipts
Interest on:
U. S. Treasury Bond. $33.75
West End Ry. Bond . 50.00
Arlington Five Cents Savings Bank Deposit . 95.62
$179.37
$5,179.37
Payments
Paid Town for Disbursement. $179.37
$5,000.00
Investments
U. S. Treasury Bond 1947 33/8% . $1,000.00
West End Ry. Bond 1944 5%. . . Arlington Five Cents Savings
855.00
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.
209
TOWN ACCOUNTANT'S REPORT
MARY CUTTER POOR WIDOW'S FUND 1935
Principal of Fund $613.11
Receipts
Interest on Arlington Five Cents Savings Bank Deposit . $18.53
$631.64
Payments
Paid Town for Disbursements. . . .
$18.53
$613.11
Investments
Deposited in Arlington Five Cents Savings Bank, Book No. 15,105 .. $613.11
GEORGE H. LOWE, JR., ERNEST W. DAVIS, HAROLD M. ESTABROOK, Trustees, ex-officio.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
-
210
ARLINGTON TOWN REPORT
MARTHA M. W. RUSSELL POOR WIDOW'S FUND
1935
Principal of Fund $1,704.23
Receipts
Interest on Arlington Five Cents
Savings Bank Deposit . 51.50
$1,755.73
Payments
Paid Town for Disbursement . 51.50
$1,704.23
Investments
Arlington Five Cents Savings Bank,
Book No. 439 $1,704.23
GEORGE H. LOWE, JR., ERNEST W. DAVIS, HAROLD M. ESTABROOK, Trustees ex-officio.
CHARLES M. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
211
TOWN ACCOUNTANT'S REPORT
WILLIAM CUTTER SCHOOL FUND
1935
Receipts
Principal of Fund
$5,354.00 Interest on:
Water Loan, 1925. $120.00
Arlington Five Cents Savings Bank Deposit . 71.15
191.15
$5,545.15
Payments
Paid Town for Disbursements. .
191.15
$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
GEORGE H. LOWE, JR., ERNEST W. DAVIS, HAROLD M. ESTABROOK, Trustees ex-officio.
CHARLES M. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
212
ARLINGTON TOWN REPORT
MARTHA M. W. RUSSELL SCHOOL FUND
1935
Principal of Fund.
$5,327.86
Receipts
Interest on:
Water Loan, 1925. $120.00
Arlington Five Cents Savings
Bank Deposit .
70.34
190.34
$5,518.20
Payments
Paid Town for Disbursement . 190.34
$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
GEORGE H. LOWE, JR., ERNEST W. DAVIS, HAROLD M. ESTABROOK, Trustees ex-officio.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
213
TOWN ACCOUNTANT'S REPORT
JULIA FILLEBROWN FUND
1935
Principal of Fund $100.00
Receipts
Interest on Arlington Five Cents Savings Bank Deposit . 3.02
$103.02
Payments Paid Town for Disbursements. . . . 3.02
$100.00
Investments
Arlington Five Cents Savings Bank Book No. 15,841 $100.00
GEORGE H. LOWE, JR., ERNEST W. DAVIS, HAROLD M. ESTABROOK, Trustees ex-officio.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
214
ARLINGTON TOWN REPORT
PERPETUAL CARE FUND
1935
Amount of Fund January 1, 1935.
$105,705.00
Received for Perpetual Care of Lots 11,038.00
$116,743.00
Income Account
Balance of Income Jan. 1, 1935 $13,419.44 Interest on :
Boston "El" 612% Bonds, six months.
325.00
West End 5% Bond .
250.00
First Liberty Bonds.
70.31
U. S. Treasury 278% Bonds
71.85
U. S. Treasury 314% Bonds
162.50
Lake St. Loan 1924 .
200.00
Arlington Five Cents Sav- ngs Bank .
1,558.95
Menotomy Trust Co. Sav- ings Dept. .
1,083.00
Boston Five Cents Savings
131.30
Provident Inst. for Savings
77.59
Gain on "El" 612% Bonds called at 105 500.00
17,849.94
$134,592.94
215
TOWN ACCOUNTANT'S REPORT
Payments
Paid Town for Disbursement. $3,915.00
Rent of safe deposit box 7.50
3,922.50
Permanent Fund and Accu-
mulated Income $130,670.44
Investment Transactions in 1935
Total investments Jan. 1, 1935
$119,124.44
Took in exchange U. S. Treas-
ury Bonds, 278% for First Liberties .
5,000.00
Deposited in Arlington Sav- ings Bank .
21,830.36
Deposited in Menotomy Trust Co. Savings Dept . 506.75
Deposited in Boston Five
Cents Savings Bank . . 131.30
Deposited in Provident Insti- tute for Savings 77.59
$146,670.44
Investments Decreased
First Liberty Bonds called . . . 5,000.00
Lake St. Loan Note 330 ma-
tured . 1,000.00
"El" 61/2% Bonds called 10,000.00
16,000.00
$130,670.44
216
ARLINGTON TOWN REPORT
Investments
Four Lake St. Notes 4% due 1936-39
$4,000.00
U. S. Treasury Bonds 27/8% 55/60.
5,000.00
U. S. Treasury Bonds 314% .
5,000.00
West End St. Ry 5% Bonds.
4,350.00
Arlington Five Cents Savings ings Bank .
62,051.16
Menotomy Trust Co. Savings Dept.
43,940.39
Boston Five Cents Savings Bank .
4,131.30
Provident Inst. for Savings ..
2,197.59
$130,670.44
J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK HILL, Cemetery Commissioners.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
217
TOWN ACCOUNTANT'S REPORT
SAMUEL C. BUCKNAM CEMETERY FUND 1935
Permanent Fund.
$2,000.00
Income Account
Balance from 1934.
$28.07
Interest on :
Arlington Five Cents Savings Bank
deposit .
61.29
89.36
$2,089.36
Expenditures
Paid Town for Disbursement. 61.29
$2,028.07
Investments Arlington 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.
218
ARLINGTON TOWN REPORT
SOLDIERS' MONUMENT FUND 1935
Permanent Fund .
$2,000.00
Income Account
Balance from 1934. $941.43
Interest on Arlington Five Cents Sav-
ings Bank deposit . 88.90
$1,030.33
$3,030.33
Expenditures
Paid Town for Disbursement. 40.00
$2,990.33
Investments
Arlington Five. Cents Savings Bank
Book No. 6977 $2,990.33
J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W. HILL, Cemetery Commissioners.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
219
TOWN ACCOUNTANT'S REPORT
ROBBINS CEMETERY FUND 1935
Permanent Fund.
$5,000.00
Income Account
Balance from 1934 .
$425.14
Interest on:
Water Loan 1925 Note. 120.00
Arlington Five Cents Savings
Bank Deposit .
74.20
619.34
$5,619.34
Expenditures Paid Town for Disbursement. .
194.20
$5,425.14
Investments
Two Water Loan 1925 Notes, 4% due 1939-40. $3,000.00
Arlington Five Cents Savings Bank Book No. 6758 2,425.14
$5,425.14
J. EDWIN KIMBALL, M. ERNEST MOORE, FREDERICK W. HILL, Cemetery Commissioners.
CHARLES A. HARDY, Treasurer. CLARENCE NEEDHAM, Accountant.
220
ARLINGTON TOWN REPORT
Report of the Trustees of the Elbridge Farmer Fund For the Year Ending December 31, 1935
Receipts
10M Duke Power Co. 412%
Bonds, due 1967-Interest. .. $450.00
5M Illinois Central R. R. 434% due 1966-Interest 237.50
5M Grand Trunk R. R. Co. 6%
due 1936-Interest 292.50
10M U. S. Treasury 3% Bonds due 1955-Interest . 300.00
Arlington Five Cents Savings Bank-Interest . 70.80
Menotomy Trust Co. Savings Dept-Interest . 319.28
Menotomy Trust Co., Income Acct .- Interest . 19.56
Boston Five Cents Savings Bank -Interest . 82.50
Provident Institution for Sav- ings-Interest . 90.00
Suffolk Savings Bank-Interest . . 82.50
$1,944.64
Disbursements
Menotomy Trust Company,
Vault . $5.50
Treasurer, Town of Arlington
for Robbins Library
1,939.14
$1,944.64
221
TOWN ACCOUNTANT'S REPORT
Investments
10M Duke Power Company,
41/2% bonds, due 1967 $10,000.00
5M Ill. Central R. R. Co. 434% bonds, due 1966 .
5,000.00
10M U. S. Treasury 3% bonds, due 1955. . 8,525.00
Arlington Five Cents Savings Bank .
4,000.00
Menotomy Trust Co., Savings Department.
12,771.00
Boston Five Cents Savings Bank .
3,000.00
Franklin Savings Bank .
2,782.77
Provident Institution for Sav- ings. 3,000.00
Suffolk Savings Bank 3,000.00
$52,078.77
JOHN A. BISHOP, EBEN F. DEWING, JAMES A. BAILEY, JOHN G. BRACKETT, WILLIAM D. ELWELL, FREDERICK W. HILL,
Trustees.
222
ARLINGTON TOWN REPORT
REPORT OF THE BOARD OF SELECTMEN
At the Annual Town Election held March 4, 1935, Harold M. Estabrook was elected a member of the Board of Selectmen for a term of three years. The Board orga- nized with George H. Lowe, Jr., as Chairman and James J. Golden, Jr., as Secretary.
The regular meetings of the Board are held on Monday evening of each week at 7:00 P.M. for the purpose of attending to the routine business of the Board and giv- ing audience, by appointment, to individuals, committees and delegations on the varied affairs which are brought to the attention of the Board. During the year 1935, seventy-four regular and special meetings of the Board were held, many of them occasioned by the problems pre- sented by the administration of the E. R. A., W. P. A. and the welfare departments.
At the close of the year 1935, looking back a year, a comparison of the conditions existing in the Town relating to unemployment shows that the number of families on direct or indirect aid has increased from 737 families dur- ing 1934 to 803 families during 1935. It must be empha- sized that the program conducted under E. R. A. and W. P. A. auspices has provided sufficient employment for Arlington Citizens so that the total expenditures by the Town have not materially increased over those of 1934 despite evident increased unemployment. Close coopera- tion between Clifford W. Cook, Public Welfare Agent, and Neil S. Peters, E. R. A. and W. P. A. Administrator has resulted in large savings to the Town. The Board wishes to again publicly commend Clifford W. Cook for his capable and conscientious administration of the Welfare Depart- ments during these most difficult times, and Neil S. Peters who has earnestly and efficiently represented the Board in
223
REPORT OF SELECTMEN
the E. R. A. and W. P. A. administration, at times em- ploying 800 men on various projects calling for a monthly payroll, furnished by the Federal Government of approxi- mately forty thousand ($40,000) dollars.
Complete reports of the departments responsible to the Board of Selectmen will be found elsewhere in this annual report, submitted by the heads of the respective departments.
By the Police Department of the Town, many judge the standards of progress and efficiency of the Town Government in general. Under the capable direction of Chief Bullock, the Board is proud to be able to commend the Department as a whole for its record during 1935. Efficiency and harmony within and outside the Depart- ment have been apparent throughout the year.
The use of the radio has been of inestimable protection to the Town and the system whereby the Town provides the broadcasting facilities for several adjacent towns has undoubtedly acted to prevent any appreciable crime within our borders.
The annual report of the Chief presented elsewhere will give the detail of the Department's activities.
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