Town of Arlington annual report 1938, Part 15

Author: Arlington (Mass.)
Publication date: 1938
Publisher:
Number of Pages: 564


USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1938 > Part 15


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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From County : Dog Licenses ....


2,493.04


U. S. Grant: Old Age Assistance


43,059.51


U. S. Grant: Old Age Assistance Administration


1,435.29


U. S. Grant: Aid to Dependent Children 6,166.19


Total Grants and Gifts


$56,422.89


SPECIAL ASSESSMENTS:


Moth Extermination


$502.29


Sewers


8,838.79


Sidewalks


1,999.54


Street Betterments


45,138.66


Total Special Assessments $56,479.28


PRIVILEGES :


Motor Vehicle Excise Tax :


Current Year


$76,948.54


Previous Years


1,700.74


Total Privileges $78,649.28


Forward, $2,465,683.47


255


TOWN ACCOUNTANT'S REPORT


256


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,465,683.47


DEPARTMENTAL:


General Government:


Selectmen :


Hearings, Garage Advertis- ing, Etc.


$323.00


Treasurer, Costs


400.00


Collector, Liens and Costs.


4,006.70


General Government,


forward


$4,729.70


Forward, $2,465,683.47


257


TOWN ACCOUNTANT'S REPORT


PAYMENTS


DEPARTMENTAL:


General Government:


Finance Committee :


Personal Services


$900.00


Expenses


341.62


Various Committees' Expenses


110.39


Selectmen :


Salary of Board.


2,000.00


Other Personal Services


3,814.00


Hearings, Advertising and Printing


300.33


Printing Town Warrants


584.00


Other Expenses


859.36


Accountant :


Personal Services


5,479.83


Other Expenses


418.76


Treasurer :


Personal Services


4,807.00


Fidelity Bonds


317.50


Expenses


1,156.07


Collector :


Salary of Collector


3,500.00


Other Personal Services


6,147.63


Fidelity Bonds


805.00


Expenses


1,932.10


Assessors :


Salary of Board


3,600.00


Other Personal Services


7,006.00


Expenses


1,290.69


General Government, Forward. $45,370.28


258


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,465,683.47


General Government, forward.


$4,729.70


Town Clerk Fees


1,848.80


Engineering


611.30


Board of Appeal


75.00


Town Hall Rental


972.50


Town Hall-Miscellaneous


4.57


Board of Survey


96.00


Total General Government $8,337.87


Forward, $2,474,021.34


259


TOWN ACCOUNTANT'S REPORT


PAYMENTS


General Government, forward


$45,370.28


Other Finance Accounts :


Printing By-Laws .


456.56


Printing and Certifying Bonds and Notes. .


65.00


Law Department :


Town Counsel-Salary and Fees


5,396.50


Town Counsel-Expenses


272.82


Other Expenses


81.00


Investigation Symmes Hospital Cases


1,147.50


Town Clerk :


Salary of Town Clerk.


3,200.00


Other Personal Services


2,608.34


Expenses


706.78


Public Works-General Administration :


Salary of Board


2,000.00


Other Personal Services


1,283.02


Expenses


152.33


Board of Survey :


Salary of Secretary


800.00


Other Personal Services


847.33


Expenses


397.57


Planning Board :


Expenses


510.02


Engineering :


Salary Town Engineer


3,900.00


Other Personal Services


25,846.33


Expenses


2,381.80


Elections and Town Meetings :


Personal Services


5,635.99


Expenses


3,341.82


Board of Appeal


164.25


Other General Department Expenses :


Town Hall :


Personal Services


5,123.41


Fuel and Lighting


2,939.04


Repairs and Other Maintenance


1,401.10


Maintenance of Grounds.


1,643.13


Total, General Government. $117,671.92


Forward, $117,671.92


260


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,474,021.34


PROTECTION OF PERSONS AND PROPERTY :


Police, Radio Service


$1,775.00


Police, Miscellaneous 508.00


Fire, Miscellaneous


261.28


Fire and Police Signal System.


253.67


Sealer of Weights and Measures


234.84


Total Protection Persons and Property $3,032.79


Forward, $2,477,054.13


261


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward, $117,671.92


PROTECTION OF PERSONS AND PROPERTY :


Police :


Personal Services


$121,396.00


Equipment and Repairs


6,381.60


Fuel and Lighting


1,854.11


Maintenance Buildings and


Grounds


492.75


Radio Equipment and


Maintenance


528.69


Other Expenses


2,810.33


New Ambulance


3,195.00


Fire:


Personal Services


115,224.75


Equipment and Repairs


3,001.71


Fuel and Lighting


2,507.49


Maintenance Building and Grounds


1,004.15


Other Expense


1,248.89


Fire and Police Signal System:


Maintenance and Expenses . .


1,769.63


Inspection :


Building Inspector :


Salary of Inspector


2,800.00


Other Personal Services


4,002.00


Expenses


937.10


Wire Inspector :


Salary of Inspector


3,200.00


Other Personal Services


2,266.67


Expenses


851.35


Sealer Weights and Measures :


Salary of Sealer


2,600.00


Expenses


585.00


Protection of Persons


and Property, forward $278,657.22


Forward, $117,671.92


262


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,477,054.13


HEALTH AND SANITATION:


Health:


Contagious Diseases


$6,028.24


Dental Clinic


278.35


Miscellaneous


128.72


Inspection :


Slaughtering Inspector


168.14


Health and Sanitation,


forward


$6,603.45


Forward, $2,477,054.13


263


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward, $117,671.92


Protection of Persons and Property,


forward $278,657.22


FORESTRY:


Insect Pest Extermination :


Salary Superintendent


1,450.00


Other Personal Services


3,500.00


Expenses


2,080.32


Planting and Trimming Trees:


Salary Tree Warden


750.00


Other Personal Services


3,454.75


Trees and Loam


819.00


Expenses


1,058.55


Dog Officer


894.50


Total Protection Persons and Property $292,664.34


HEALTH AND SANITATION:


Health:


Salary Board of Health


$750.00


Other Personal Services.


3,787.66


Office Maintenance and Expenses.


334.80


Auto Maintenance


300.33


Physician's Salary


300.00


Dental Clinic-Salary Dentist.


1,600.00


Dental Clinic-Expenses


460.03


Nurse and Dental Assistant


1,700.00


Bacteriologist-Salary


400.00


Laboratory and Dispensary Expenses


20.12


Abatement of Nuisances-Spy Pond.


173.88


Contagious Diseases


18,902.39


County Hospital Extension


22,969.47


County Hospital Assessment


26,967.71


Vital Statistics


200.00


INSPECTION :


School Nurses and Physician


6,850.04


Inspector Animals-Salary


500.00


Inspector Slaughtering-Salary


400.00


Milk Inspector Expense


361.00


Smoke Nuisance-State


637.99


Health and Sanitation, forward. $87,615.42


Forward, $410,336.26


264


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,477,054.13


Health and Sanitation, forward. $6,603.45


SANITATION:


House Connections-Sewers


1,069.80


Sewers, Miscellaneous


462.44


Refuse and Garbage Disposal


5,640.00


Sale of Ash and Rubbish Tickets


799.80


Total Health and Sanitation


$14.575.49


HIGHWAYS:


General


$474.24


From State and County for Reconstruc --


1,552.80


From State for Mystic River Bridge


3.51


From State for Boulevard Maintenance. 715.49


From State for Special Highway Fund.


45,300.00


Total Highways


$48,046.04


CHARITIES:


Reimbursement for Relief Given:


From Individuals


$20.00


From other Cities and Towns.


3,799.31


From the State


21,013.88


Reimbursement for Aid to D. C .:


From other Cities and Towns


319.00


From the State


14,245.76


Reimbursement for Old Age:


From other Cities and Towns


635.49


From the State


32,483.65


Miscellaneous Welfare Expenses.


0.00


Total Charities


$72,517.09


SOLDIERS' BENEFITS:


State Aid


$1,488.00


Military Aid


427.50


Soldiers' Burials


100.00


$2.015.50


Total Soldiers' Benefits.


Forward, $2,614,208.25


tion of Streets .


TOWN ACCOUNTANT'S REPORT


265


PAYMENTS


Forward, $410,336.26


Health and Sanitation, forward


$87,615.42


SANITATION:


Sewer Maintenance and Operation


7,834.82


Metropolitan Sewer Maintenance


25,539.24


Sewer Construction


16,158.77


Storm Drains


8,329.95


Refuse and Garbage Disposal


91,497.99


Street Cleaning


14,178.42


Total Health and Sanitation


$251,154.61


HIGHWAYS:


General Administration


$5,023.70


Maintenance Labor and Material.


63,338.00


Equipment Outlay 4,838.94


Construction New Streets


106,989.34


Sidewalks and Curbstones


17,558.08


Snow and Ice Removal


51,758.33


Snow Removal Equipment


335.16


Street Lighting


45,274.25


Street Signs


2,464.58


Traffic Signs and Guides (Police)


1,886.20


State Assessments:


Ways and Traffic Arteries


.43


Alewife Brook Parkway Ext.


215.61


Total Highways


$299,682.62


CHARITIES:


Welfare Administration Salaries


$10,812.40


Welfare Administration Expenses


1,716.98


Provisions, Fuel, Clothing, Cash


102,303.96


Relief by Other Cities and Towns


17,033.40


Town Physician


600.00


Visiting Nurses


1,500.00


Aid to Dependent Children


34,225.95


Old Age Assistance


100,319.27


Total Charities


$268,511.96


SOLDIERS' BENEFITS:


State and Military Aid.


$2,700.00


Soldiers' Relief and Burials


25,108.80


Total Soldiers' Benefits


$27,808.80


Forward, $1,257,494.25


266


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,614,208.25


SCHOOLS :


Tuition and Transportation :


State Wards


$2,213.76


Other Tuition


351.02


Refund on Gas


828.02


Miscellaneous


1,090.84


Total Schools $4,483.64


Forward, $2,618,691.89


TOWN ACCOUNTANT'S REPORT


267


PAYMENTS


Forward, $1,257,494.25


SCHOOLS:


General Expenses :


Administration Salaries


$6,000.00


Other General Salaries


10,174.44


Other General Expenses


3,362.87


Teachers' Salaries


484,395.29


Text Books and Supplies


27,496.87


Tuition Paid Other Cities and Towns


7,398.53


Janitors and Matron


44,409.61


Fuel and Lighting


27,044.78


Building and Grounds Mainte- nance


33,505.40


Building and Grounds Outlay .


5,695.85


Furniture and Furnishings


3,177.71


Other Expenses


233.50


Total Schools


$652.894.85


Forward, $1,910,389.10


268


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,618,691.89


LIBRARIES:


Fines


$2,203.13


Miscellaneous


206.59


Total Libraries $2,409.72


Forward, $2,621,101.61


TOWN ACCOUNTANT'S REPORT


269


PAYMENTS


Forward, $1,910,389.10


LIBRARIES:


Personal Services


$19,493.56


Books and Periodicals


5,748.63


Binding


2,029.07


Fuel and Light


2,728.81


Maintenance Buildings and Grounds.


562.37


Other Expenses


1,516.04


Branch Library Construction


8,732.65


Total Libraries


$40,811.13


RECREATION :


Parks:


Personal Services


$6,920.60


Other Expenses


1,193.21


Improvements


616.23


State Assessment:


Metropolitan Park Maintenance


28,917.91


Playgrounds :


Peirce Playground


463.78


New Bath House


2,499.92


Personal Services and Expenses


7,753.46


CELEBRATIONS:


Patriots' Day


123.68


July 4th


. 10.00


Total Recreations


$48,498.79


PENSIONS:


Various Departments:


Police


$1,092.00


Fire


7,245.83


Highway


4,770.50


Water


701.48


Total Pensions $13,809.81


Forward, $2,013,508.83


270


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,621,101.61


UNCLASSIFIED :


Menotomy Hall Rentals . ... $1,566.08


Rentals Other Town Property.


233.52


Symmes Hospital Claims- Refunds


258.50


Sale of Town Property


118.50


Sale of Tax Possessions Property


1,125.00


Miscellaneous


86.01


Total Unclassified $3,387.61


PUBLIC SERVICE ENTERPRISES :


Income from Sale of Water. $164,122.63


Miscellaneous 1,857.09


House Connections


1,870.53


Total Public Service Enterprises $167,850.25


Forward, $2,792,339.47


TOWN ACCOUNTANT'S REPORT


271


PAYMENTS


Forward, $2,013,508.83


UNCLASSIFIED:


Damage to Persons and Property


$570.00


Memorial Day


839.19


Town Clock Maintenance


31.59


Menotomy Hall Maintenance


2,294.37


Town-owned Houses Maintenance


1,043.16


Insurance


11,568.40


Workmen's Compensation


4,019.44


Printing Town Reports


887.65


Recording Tax Titles held by Town.


213.00


Recording and Foreclosure Tax Title


Property


308.88


Symmes Hospital Settlement


3,670.95


Expenses Relating to Unemployment-


Wages and Material


50,009.98


Wages and Material W.P.A.


89,313.05


Boston Elevated Deficit


29,260.08


Rental of Quarters for V. F. W.


400.00


Hurricane Damage


32,790.64


George-Deen Fund-a /c Firemen Training


73.41


Total Unclassified


$227,293.79


PUBLIC SERVICE ENTERPRISES :


Water:


Maintenance and Operation:


Personal Services


$36,215.05


Material and Expenses


19,027.29


Construction :


Personal Services


13,859.11


Materials and Expenses


24,445.21


State Assessments:


Metropolitan Water Maintenance


23,682.18


Boston Metropolitan District Expense. .


130.44


Total Public Service Enterprises ... $117,359.28


Forward, $2,358,161.90


272


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $2,792,339.47


CEMETERIES:


Sale of Lots and Graves


$4,454.00


Care of Lots and Graves.


7,544.25


Care of Endowed Lots


(Interest on Funds )


3,964.31


Miscellaneous


1,160.50


Total Cemeteries $17,123.06


INTEREST:


Bank Deposits


$621.14


Deferred Taxes


20,407.19


Special Assessments


9,806.52


Miscellaneous


2.47


Rebate on Tax Title Loans


49.55


Sinking Funds


4,301.05


Contributory Retirement


348.47


Public Trust Funds :


Charity


476.14


School


691.31


Library


3,430.10


Cemetery-General Care


232.76


Total Interest $40,366.70


MUNICIPAL INDEBTEDNESS :


Anticipation Revenue Loans .. $1,100,000.00


Other Temporary Loans- Tax Titles 41,000.00


Other Temporary Loans-


Hurricane Damage 40,000.00


Premium


3.00


Accounts payable


6,477.05


Total Municipal Indebtedness $1,187,480.05 TRANSFERS BY TOWN TO SPECIAL FUNDS: Contributory Retirement $25,518.52


Total Transfers by Town to Special Funds $25,518.52


Forward, $4,062,827.80


273


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward, $2,358,161.90


CEMETERIES :


Superintendent Salary


$3,120.00


Other Personal Services


1,199.83


Wages


16,094.02


Office Maintenance


497.93


Other Maintenance and Supplies.


847.11


Grading and Improvements


1,117.45


Total Cemeteries


$22,876.34


INTEREST :


Loans and Bonds :


Anticipation Revenue


$1,714.09


Loans on Tax Titles


44.84


Town House Site


1,820.00


Fire Station


720.00


Police Station


1,040.00


Sewers


120.00


Highways


2,517.50


Schools


24,443.75


Parks


600.00


Water


2,995.00


Metropolitan Requirements :


Sewers


4,547.27


Parks


5,685.07


Water


39,611.93


Total Interest


$85,859.45


MUNICIPAL INDEBTEDNESS :


Loans and Bonds :


Anticipation Revenue


$1,050,000.00


Loans on Tax Titles


23,536.06


Fire Station


3,000.00


Police Station


4,000.00


Sewers


3,000.00


Highways


31,000.00


Schools


89,000.00


Water


29,000.00


Municipal Indebtedness,


forward $1,232,536.06


Forward, $2,466,897.69


274


ARLINGTON TOWN REPORT


RECEIPTS


Forward, $4,062,827.80


AGENCY, TRUST AND INVESTMENTS :


Perpetual Care Funds


$7,004.00


Public Trust Funds :


Matured Securities


3,000.00


Retirement Contributions


14,761.72


Special Funds :


Special Service Deposits 4,150.30


Board of Survey


560.00


Dog Licenses-County


3,517.20


Sporting Licenses-State .


942.50


Newsboy Badges Deposits ..


21.00


Inflammable Fluid Licenses. .


67.00


Tailings


3.45


Total Agency, Trust and Investments. .


$34,027.17


CASH BALANCES JANUARY 1, 1938 .


General


$99,521.74


Sinking and Special Funds 25,954.83


Perpetual Care Funds 136,345.25


Other Public Trust Funds.


115,153.13


Contributory Retirement Funds. . 8,170.58


Private Trust Funds


1,756.59


Total Cash Balances $386,902.12


Grand Total Receipts and Cash on Hand .. $4,483,757.09


TOWN ACCOUNTANT'S REPORT


275


PAYMENTS


Forward, 2,466,897.69


Municipal Indebtedness, forward .. $1,232,536.06 Municipal Requirements :


Sewers


$7,749.64


Parks


2,154.91


Water


32,552.58


Accounts Payable


5,216.58


Total Municipal Indebtedness $1,280,209.77


SINKING AND INVESTMENT FUNDS:


Contributory Retirement Fund $25,518.52


$25,518.52


AGENCY AND TRUST TRANSACTIONS:


Agency :


State Tax


$154,020.00


State Sporting Licenses


942.50


County Tax


91,836.45


County Dog Tax


3,529.20


Trust:


Trust Funds Purchases


10,695.00


Trust Funds Premium, Expense, Accrued Interest


7,059.90


Special Service Deposits Refunded.


1,058.97


Special Service Deposits Transferred


to Income


3,894.65


Newsboy Badges


12.75


Total Agency and Trust Transactions


273,049.42


CASH BALANCES DECEMBER 31, 1938


General


$116,221.71


Sinking and Special Funds


26,226.44


Perpetual Care


135,371.39


Other Public Trust Funds


115,475.33


Contributory Retirement Funds


43,213.30


Private Trust Funds


1,573.52


Total Cash, End of Year


$438,081.69


Grand Total Payments and Cash on Hand. $4,483,757.09


Total Sinking and Investment Funds


276


ARLINGTON TOWN REPORT


BORROWING CAPACITY


Assessors' Valuations :


December 31, 1938 :


1936 Taxes $60,164,686.00


1937 Taxes 60,729,987.00


1938 Taxes


59,594,567.00


$180,489,240.00


Average Valuation


60,163,080.00


3% of Average Valuation ..


$1,804,892.40


Town Debt:


December 31, 1938 $700,000.00


Less Sinking Funds on Loans not


Exempt 52,000.00


$648,000.00


Less Loans Exempt :


Water


$50,000.00


Parks


15,000.00


65,000.00


583,000.00


Borrowing Capacity December 31, 1938. $1,221,892.40


277


TRUST AND INVESTMENT FUNDS


TRUST AND INVESTMENT FUNDS SINKING FUND 1938


Balance, December 31, 1937. $62,026.69


Receipts


Interest on :


B. & M. R. R. Bond $25.00


Town House Site


1,750.00


Arlington 5c Savings Bank 220.98


U. S. Treas. 21/2% Bonds. . 75.00


2,070.98


Payment


$64,097.67


Box Rent


$10.00


10.00


Sinking Fund, December 31, 1938.


$64,087.67


Investments


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


$500.00


U. S. Treas. 21/2% Bonds 1945. 3,000.00


Town House Site 31/2% Bonds, 1939.


50,000.00


Arlington 5c Savings Bank, Book 14554


9,958.50


Boston Safe Deposit and Trust Co. Commercial Department 629.17


$64,087.67 ROSCOE R. PERRY, VAL. T. HANSON, EBEN F. DEWING, Commissioners.


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


278


ARLINGTON TOWN REPORT


MUNICIPAL BUILDINGS INSURANCE FUND 1938


Fund and Accumulated Income, January 1, 1938 .. $72,373.73


Receipts


Interest on :


U.S. Treasury 334% Bonds $187.50


U.S. Treasury 11/2% Bonds 300.00


U.S. Treasury 41/4% Bonds 425.00


U.S. Treasury 33/8% Bonds 168.75


U.S. Treasury 31/8% Bonds


312.50


U.S. Treasury 3 % Bonds


300.00


Deposit in Arlington 5c Savings Bank 196.74


U.S. Treasury 234% Bonds


137.50


2,027.99


Insurance Fund, December 31, 1938.


$74,401.72


Investments


U.S. Treasury 334% Bonds 46/56 $5,000.00


U.S. Treasury 112% Bonds 1939 20,000.00


U.S. Treasury 41/4% Bonds 47/52 10,000.00


U.S. Treasury 33/8% Bonds 43/47


5,000.00


U.S. Treasury 3% Bonds 46/48


10,000.00


U.S. Treasury 31/8% Bonds 46/49


10,000.00


U.S. Treasury 23/4% Bonds 45/47


5,000.00


Arlington 5c Savings Bank, Book No. 40412


9,184.74


Boston Safe Deposit & Trust Company 216.98


$74,401.72


ROSCOE R. PERRY. VAL T. HANSON, EBEN F. DEWING,


Trustees.


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


TRUST AND INVESTMENT FUNDS


279


WORKMEN'S COMPENSATION INSURANCE FUND 1938


Principal of Fund and Accumulated Income, January 1, 1938


$10,054.41


Receipts


Interest, Menotomy Trust Co., Savings Dept .. ... 202.08


$10,256.49


Payments


Paid Town for Disbursements 4,019.44


$6,237.05


Investments


Menotomy Trust Co. Savings Dept., Book No. 1686 $6,237.05


ROSCOE R. PERRY, VAL T. HANSON, EBEN F. DEWING, Trustees.


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


280


ARLINGTON TOWN REPORT


CONTRIBUTORY RETIREMENT SYSTEM


1938


Receipts


Balance, December 31, 1937


$8,170.58


Contributions


14,761.72


Interest on Bank Deposits


348.47


Appropriation 25,518.52


-


$48,799.29


Expenditures


Pensions


$4,370.67


Expenses


1,131.29


Refunds


84.03


5,585.99


Balance, December 31, 1939 $43,213.30


Investments in Savings Banks


Arlington


$1,566.31


Malden


5,103.12


Lexington


435.59


Medford


2,531.25


Winchester


1,983.87


Chelsea


1,401.55


East Boston


1,357.18


Cambridge


1,899.32


Newton


1,861.44


West Newton


4,016.67


Woburn


11,537.50


Melrose


8,040.00


281


TRUST AND INVESTMENT FUNDS


Menotomy Trust Company


In transit


1,262.01 227.49 - $43,213.30


C. A. BENSON, HAROLD A. CAHALIN, CLARENCE NEEDHAM, Contributory Retirement Board.


CHARLES A. HARDY, Treasurer.


CLARENCE NEEDHAM, Accountant.


282


ARLINGTON TOWN REPORT


ROBBINS LIBRARY ART FUND 1938


Principal of Fund $25,000.00


Accumulated Income, January 1, 1938. . 17,976.60 - $42,976.60


Receipts


Interest on :


160 shares First National Bank Stock $320.00


$3000 Home Owners Loan 3% Bonds. 90.00


$15,000 U.S. Treasury 234% Bonds 56/59 412.50


Arlington 5c Savings Bank 390.54


1,213.04


$44,189.64


Payments


Rent of Safe Deposit Box $10.00


Salaries and various disbursements


approved by the Trustees


1,364.24


1,374.24


$42,815.40


Investment Transactions in 1938


Investments, January 1, 1938 $42,976.60


Bought 40 shares First Nat. Bank Stock 1,520.00


Deposited in Menotomy Trust Company 125.76


44,622.36


Withdrawn from Arlington 5c Savings


Bank


1,806.96


$42,815.40


TRUST AND INVESTMENT FUNDS


283


Investments


Home Owners Loan 3% Bonds, 1952 ... $3,000.00


U.S. Treasury 234% Bonds, 1956/59. .. 15,000.00


200 shares First National Bank Stock ... 9,560.00


Arlington 5c Savings Bank 14,925.05


Menotomy Trust Company, Commercial Department 330.35


$42,815.40


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.


284


ARLINGTON TOWN REPORT


HENRY MOTT LIBRARY FUND 1938


Principal of Fund $5,200.00


Receipts


Interest on Arlington Five Cents Savings Bank


Deposit


130.81


$5,330.81


Payments


Paid Town for Disbursements


130.81


$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.


TRUST AND INVESTMENT FUNDS


285


TIMOTHY WELLINGTON LIBRARY FUND 1938


Principal of Fund


$100.00


Receipts


Interest on Arlington Five Cents Savings Bank


Deposit


2.51


$102.51


Payments


Paid Town for Disbursements


2.51


$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.


286


ARLINGTON TOWN REPORT


ELLEN W. HODGDON LIBRARY FUND 1938


Principal of Fund $1,000.00


Receipts


Interest on Arlington 5c Savings Bank Deposit ... 25.15


$1,025.15


Payments


Paid Town for Disbursements 25.15


$1,000.00


Investments


Arlington 5c 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.


287


TRUST AND INVESTMENT FUNDS


CHILDREN'S BOOK FUND


1938


Principal of Fund


$5,000.00


Receipts


Interest on N. J. Central Power Co., 5%


Bonds $250.00


Interest on Arlington ốc Savings Bank


Deposit


3.40


253.40


$5,253.40


Payments


Paid Town for Disbursements $250.00


250.00


Fund and accumulated income


$5,003.40


Investments


Six N. J. Central Power Co. 5% Bonds, 1947 $5,000.00


Arlington 5c Savings Bank, Book 57012 3.40


$5,003.40


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


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


288


ARLINGTON TOWN REPORT


DEXTER RAWSON FAY LIBRARY FUND 1938


Principal of Fund


$1,741.60


Receipts


Interest on:


Arlington Five Cents Savings Bank. $4.19


Arlington Co-operative Bank


..


56.00


60.19


$1,801.79


Payments


Paid Town for Disbursement


60.19


$1,741.60


Investments


Eight matured shares, 31/2% in Arling-


ton 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, THERSE N. TURNER, CHARLES J. WALSH, ARTHUR J. WELLINGTON, Trustees.


CHARLES A. HARDY, Treasurer. ('LARENCE NEEDHAM, Accountant.


TRUST AND INVESTMENT FUNDS


289


E. NELSON BLAKE LIBRARY FUND


1938


Principal of Fund $4,073.75


Receipts


Interest on :


$4,000 Home Owners' Loan Corp.


Bonds


$120.00


Arlington Five Cents Savings Bank


Deposit


2.97


122.97


$4,196.72


Payments


Paid Town for Disbursement


122.97


$4,073.75


Investments


Home Owners' Loan Bonds, 1952, 3% .. $4,000.00


Arlington Five Cents Savings Bank,


Book No. 52201 73.75


$4,073.75


WILLIAM A. MULLER, CYRUS E. DALLIN, M. HELEN TEELE, THERSE N. TURNER,


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


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


290


ARLINGTON TOWN REPORT


· NATHAN PRATT LIBRARY FUND 1938


Principal of Fund $10,000.00


Receipts


Interest on :


Arlington Five Cents Savings Bank 251.56


$10,251.56


Payments


Paid Town for Disbursement


251.56


$10,000.00


Investments


Arlington Five Cents Savings Bank,


· Book No. 40850 $10,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, ROY B. CROSBY, WILSON D. CLARK, JR.,


Trustees.


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


TRUST AND INVESTMENT FUNDS


291


NATHAN PRATT HIGH SCHOOL FUND 1938


Principal of Fund $25,000.00


Receipts


Interest on :


Arlington Five Cents Savings Bank. .


$301.88


301.88


$25,301.88


Payments


Paid Town for Disbursement


301.88


$25,000.00


Investments


N. Y., N. H. & H. R. R. Debenture Bonds, 4%, due 1955 $13,000.00


Interest suspended


Arlington Five Cents Savings Bank,


Book No. 40413


12,000.00


$25,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, ROY B. CROSBY, WILSON D. CLARK, JR.,


Trustees.


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


292


ARLINGTON TOWN REPORT


E. NELSON BLAKE JR. MEMORIAL FUND


1938


Principal of Fund $3,000.00


Receipts


Interest on Arlington Five Cents Savings Bank


Deposit


75.46


$3,075.46


Payments


Paid Town for Disbursement 75.46


$3,000.00


Investments


Arlington Five Cents Savings Bank, Book No. 12541 $3,000.00


ROSCOE R. PERRY,


ARTHUR J. WELLINGTON, ERNEST H. FREEMAN, ROY B. CROSBY, WILSON D. CLARK, JR.,


Trustees.


CHARLES A. HARDY, Treasurer.


CLARENCE NEEDHAM, Accountant.


TRUST AND INVESTMENT FUNDS


293


NATHAN PRATT POOR WIDOWS' FUND 1938


Principal of Fund $5,000.00


Receipts


Interest on :


Arlington Five Cents Savings Bank. 125.78


$5,125.78


Payments


Paid Town for Disbursement 125.78


$5,000.00


Investments


Arlington Five Cents Savings Bank, Book No 40450 $5,000.00


ROSCOE R. PERRY, ARTHUR J. WELLINGTON,


ERNEST H. FREEMAN, ROY B. CROSBY, WILSON D. CLARK, JR.,


Trustees.


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


294


ARLINGTON TOWN REPORT


E. S. FARMER POOR WIDOWS' FUND


1938


Principal of Fund $5,000.00


Receipts


Interest on :


Arlington Five Cents Savings Bank Deposit .... 125.78


$5,125.78


Payments


Paid Town for Disbursement 125.78


Investments


$5,000.00


Arlington Five Cents Savings Bank, Book No. 40379 $5,000.00




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