USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1940 > Part 26
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141.33
Symmes Hospital Claims- Refunds
1,607.50
Miscellaneous
52.41
Total Unclassified
3,378.56
PUBLIC SERVICE ENTERPRISES:
Income from Sale of Water $175,524.63
Miscellaneous 1,579.95
House Connections
1,883.94
Total Public Service Enterprises
178,988.52
Forward $3,030,477.95
451
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $2,055,210.33
UNCLASSIFIED:
Damage to Persons and Property
$206.50
Memorial Day
845.09
Town Clock Maintenance
36.66
Menotomy Hall Maintenance
2,153.54
Town Owned Houses Maintenance
1,634.31
Insurance
11,879.80
Workmen's Compensation
7,118.59
Printing Town Reports
910.00
Recording Tax Titles
118.04
Recording Foreclosure Tax Title Property
415.29
Symmes Hospital Claims
4,930.90
Expenses Relating to Unemployment and W.P.A. Projects:
Wages and Material
141,860.27
Boston Elevated Deficit
53,484.63
Rental of Quarters V. F. W
400.00
Metropolitan Planning Division Expense
362.66
Metropolitan District Expense
130.44
Survey and Appraisal Town Property.
1,500.00
Total Unclassified
227,986.72
PUBLIC SERVICE ENTERPRISES:
Water-Maintenance and Operations:
Personal Services
$37,545.80
Material and Expenses
24,537.65
Construction :
Personal Services
12,498.49
Material and Expenses
17,128.93
State Assessments:
Metropolitan 'Water Maintenance
25,583.04
Total Public Service Enterprises. 117,293.91
Forward $2,400,490.96
452
ARLINGTON TOWN REPORT
RECEIPTS
Forward $3,030,477.95
CEMETERIES :
Sale of Lots and Graves
$5,790.00
Care of Lots and Graves
7,227.30
Care of Endowed Lots (Interest on Funds)
3,924.13
Miscellaneous
1,357.00
Total Cemeteries $18,298.43
INTEREST:
Bank Deposits
$695.78
Deferred Taxes
13,875.60
Special Assessments 9,746.97
Rebate on Tax Title Loans. 20.64
Sinking and Investment Funds ..
2,006.35
Contributory Retirement
2,013.36
Public Trust Funds:
Charity
397.22
School
843.59
Library
3,126.56
Cemetery-General Care
190.00
Total Interest $32,916.07
MUNICIPAL INDEBTEDNESS:
Anticipation Revenue Loans .... $1,000,000.00
Loans on Tax Titles
35,000.00
Premium
1.00
Accounts Payable
6,234.58
Total Municipal Indebtedness $1,041,235.58
TRANSFER BY TOWN TO SPECIAL FUNDS: Contributory Retirement $27,208.20
Total Transfers by Town to Special Funds.
$27,208.20
Forward
$4,150,136.23
TOWN ACCOUNTANT'S REPORT
453
PAYMENTS
Forward $2,400,490.96
CEMETERIES:
Superintendent - Salary
$3,120.00
Other Personal Services
1,203.66
Wages
16,337.49
Office Maintenance
536.44
Other Maintenance and Supplies
938.29
Grading and Improvement
942.62
Total Cemeteries
23,078.50
INTEREST:
Anticipation Revenue
$1,174.08
Police
720.00
Fire
480.00
Highway
350.00
Schools
17,853.75
Parks
600.00
Water
635.00
Metropolitan Requirements :
Sewers
6,896.61
Parks
4,294.37
Water
36,674.50
Total Interest
69,678.31
MUNICIPAL INDEBTEDNESS :
Loans and Bonds :
Anticipation Revenue
$1,200,000.00
Loans on Tax Titles
13,445.33
Police Station
4,000.00
Fire Station
3,000.00
Highways
5,000.00
Schools
75,000.00
Water
18,000.00
Municipal Indebtedness forward $1,318,445.33
:
Forward $2,493,247.77
454
ARLINGTON TOWN REPORT
RECEIPTS
Forward
$4,150,136.23
AGENCY, TRUST AND INVESTMENTS:
Perpetual Care Funds
$7,606.00
Public Trust Funds :
Matured Securities
31,550.00
Gain on Securities
1,641.88
Contributory Retirement
Contributions
15,350.42
Special Funds :
Special Service Deposits
4,430.25
Dog Licenses-County
3,732.00
Sporting Licenses-State
1,288.25
Newsboy Badges Deposits
27.00
Inflammable Fluid Licenses ....
4.00
Tailings
46.19
Total Agency, Trust and Investment Transactions $65,675.99
CASH BALANCE JANUARY 1, 1940
General $185,989.60
Sinking and Special Funds. 25,076.30
Perpetual Care Funds 144,281.45
Other Public Trust Funds.
121,949.35
Contributory Retirement Fund
75,593.19
Private Trust Funds
1,312.73
Total Cash Balance
$554,202.62
Grand Total Receipts and Cash on Hand. $4,770.014.84
455
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward
$2,493,247.77
Municipal Indebtedness forward $1,318,445.33
METROPOLITAN REQUIREMENTS:
Sewers
18,301.59
Parks
3,685.32
Water
28,090.78
Accounts Payable
3,473.35
Total Municipal Indebtedness 1,371,996.37
SINKING AND INVESTMENT FUNDS:
Contributory Retirement Fund Transfer .. $27,208.20
Total Sinking and Investment Funds
27,208.20
AGENCY AND TRUST TRANSACTIONS:
Agency:
State Tax
$144,960.00
State Sporting Licenses
1,241.75
County Tax
77,869.69
County Dog Tax
3,723.60
Trust:
Trust Fund Purchases
32,850.00
Trust Fund Premium, Expense, Accrued Interest
16,212.77
Special Service Deposits Refunded
1,277.67
Special Service Deposits Transferred to Income .
3,102.33
Tailings Previous Years
8.39
Newsboy Badges
11.00
Total Agency and Trust Transactions. ...
281,257.20
CASH BALANCE DECEMBER 31, 1940
General
$188,262.56
Sinking and Special Funds
22,952.30
Perpetual Care Funds
152,039.76
Other Public Trust Funds
125,681.26
Contributory Retirement Fund
105,669.10
Private Trust Funds
1,700.32
Total Cash Balance
596.305.30
Grand Total Payments and Cash on Hand. .... $4,770,014.84
456
ARLINGTON TOWN REPORT
BORROWING CAPACITY
Assessors' Valuations :
December 31, 1940:
1938 Taxes $59,371,685.00
1939 Taxes
59,940,508.00
1940 Taxes
61,133,244.00
$180,445,437.00
Average Valuation
60,148,479.00
3% of Average Valuation
$1,804,454.00
Town Debt:
Dec. 31, 1940 $416,000.00
Less Loans Exempt :
Water $8,000.00
Parks 15,000.00 23,000.00 393,000.00
Borrowing Capacity December 31, 1940.
$1,411,454.00
457
TRUST AND INVESTMENT FUNDS
TRUST AND INVESTMENT FUNDS SINKING FUND
1940
Receipts
Fund, Dec. 31, 1939
$13,237.25
Interest on
B. & M. R. R. Bond
5 months
10.42
U. S. Treasury 21/2% Bond 8.33
Arlington 5c Savings
Bank deposit
192.55
Suffolk Savings Bank deposit 38.64
249.94
Profit on 21/2% Bonds .... 255.94
505.88
$13,743.13
Payments
Box rent
$10.00
Loss on B. & M. R. R.
Bond
255.00
Tax and Commission
2.70
267.70
$13,475.43
458
ARLINGTON TOWN REPORT
Investment Transactions in 1940
Investments, Jan. 1, 1940
$13,237.25
Sold one B. & M. R. R.
Bond
$500.00
Sold 3,000 U. S. Treasury
21/2% Bonds 3,000.00
Account closed
Boston
Safe Deposit & Trust Co. 294.17
$3,794.17
$9,443.08
Deposited in Suffolk Sav-
ings Bank $3,597.08
Deposited in Arlington 5c
Savings Bank
435.27
$4,032.35
Investments
$13,475.43
Arlington 5c Savings Bank, Book 14554 $9,878.35 Suffolk Savings Bank, Book 566019 3,597.08
$13,475.43
HARRIE H. DADMUN ROSCOE R. PERRY ROY B. CROSBY
Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
459
TRUST AND INVESTMENT FUNDS
MUNICIPAL BUILDINGS INSURANCE FUND 1940
Fund and Accumulated Income, January 1, 1940 $77,674.35
Receipts
Interest on:
U. S. Treasury 31/4% Bonds $187.50
U. S. Treasury 21/2% Bonds 137.50
U. S. Treasury 2% Bonds 400.00
U. S. Treasury 31/2% Bonds 312.50
U. S. Treasury 3% Bonds 300.00
U. S. Treasury 31/2% Bonds
168.75
Arlington 5c Savings Bank deposit
153.30
$1,659.55
$7,500 U. S. Savings Bonds increased
100.00
Fund, December 31, 1940 $79,433.90
Investment Transactions in 1940
Investments, January 1, 1940 $77,674.35
Purchased U. S. Savings Bonds, 1950 7,500.00
U. S. Savings Bonds, 1949, increased 100.00
$85,274.35
Withdrew from Arlington 5c
Savings Bank
$1,040.45
Withdrew from Boston Safe Deposit & Trust Co. 4,800.00
$5,840.45
$79,433.90
Investments
U. S. Treasury 31/2% Bonds 46/56. $5,000.00
U. S. Treasury 31/4% Bonds 43/47. 5,000.00
U. S. Treasury 3% Bonds 46/48. 10,000.00
460
ARLINGTON TOWN REPORT
U. S. Treasury 31/2% Bonds 46/49 10,000.00
U. S. Treasury 2% Bonds 1947
20,000.00
U. S. Treasury 21/4% Bonds 45/47 5,000.00
U. S. Savings Bonds 1949
7,600.00
U. S. Savings Bonds 1950
7,500.00
Arlington 5c Savings Bank, Book 40412 8,830.41
Boston Safe Deposit & Trust Co.
503.49
$79,433.90
HARRIE H. DADMUN ROSCOE R. PERRY ROY B. CROSBY
Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
461
TRUST AND INVESTMENT FUNDS
WORKMEN'S COMPENSATION INSURANCE FUND 1940
Principal of Fund and Accumulated Income January 1, 1940
$164.70
Receipts
Interest, Menotomy Trust Co. Savings Dept.
96.86
Appropriation, Annual Town Meeting 7,000.00
$7,261.56
Payments
Paid Town for Disbursements
...
$7,118.59
$142.97
Investments
Menotomy Trust Co. Savings Dept. Book 1686 ....
$142.97
HARRIE H. DADMUN ROSCOE R. PERRY ROY B. CROSBY
Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
462
ARLINGTON TOWN REPORT
CONTRIBUTORY RETIREMENT SYSTEM 1940
Balance, January 1, 1940
$75,593.19
Contributions
15,350.42
Interest on bank deposits
2,013.36
Appropriation
27,208.20
$120,165.17
Expenditures
Pensions
$12,345.72
Refunds
1,212.61
Expenses
937.74
14,496.07
Balance, December 31, 1940 $105,669.10
Investments in Savings Banks
Arlington 5c Savings Bank
$2,561.71
Belmont Savings Bank
1,731.52
Cambridge Savings Bank
2,570.00
East Boston Savings Bank
8,223.26
Melrose Savings Bank
8,449.59
West Newton Savings Bank
4,190.08
Waltham Savings Bank
1,252.08
Woburn Savings Bank
15,817.12
Wakefield Savings Bank
671.26
Newton Savings Bank
2,066.35
Winchester Savings Bank
3,105.35
Malden Savings Bank
8,524.51
East Weymouth Savings Bank
9,052.32
Lexington Savings Bank
2,691.44
Chelsea Savings Bank
4,085.21
Watertown Savings Bank
3,131.55
Medford Savings Bank
2,647.06
Stoneham Savings Bank
3,789.38
Andover Savings Bank
2,016.67
Lynn 5c Savings Bank
1,001.67
Danvers Savings Bank
1,010.00
Warren 5c Savings Bank
12,150.00
Lynn Institution for Savings
1,010.42
Mechanics Savings Bank
2,026.28
Menotomy Trust Co., Checking Account.
883.85
Natick Savings Bank
1,010.42
$105,669.10
463
TRUST AND INVESTMENT FUNDS
SUMMARY OF MEMBERSHIP ACTIVITY
1937
1938
1939
1940
Total
Entrants
186
24
19
4
233
Deaths
...
1
1
2
4
Withdrawals
3
2
4
6
15
Retirements
6
4
7
7
24
Active Members as of
December 31:
Male
138
146
156
144
144
Female
39
48
46
48
48
Members on Retirement December 31
6
10
16
23
23
Amount of Retirement
Allowances Paid
$4,370.67 $7,848.20 $12,346.43 $24,565.30
Allowances in Effect as of December 31, 1940
$13,551.96
CLARENCE NEEDHAM S. A. BENSON HAROLD A. CAHALIN Contributory Retirement Board
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
464
ARLINGTON TOWN REPORT
ROBBINS LIBRARY ART FUND 1940
Fund, December 31, 1939 $25,000.00
Accumulated Income, December 31, 1939 17,974.42
$42,974.42
Receipts
Interest on :
First National Bank Stock $400.00
U. S. Treasury 23/4% Bonds 412.50
U. S. Treasury 11/2% Bonds
27.50
U. S. Treasury 21/4% Bonds
23.81
Arlington 5c Savings Bank deposit
303.18
$1,166.99
Profit on 11/2% Bonds
49.69
Profit on 214% Bonds
180.00
229.69
1,396.68
$44,371.10
Payments
Salary of Curator
$1,000.00
Various expenses as per vouchers. ....
155.12
Box rent
10.00
Service charge
2.50
1,167.62
$43,203.48
TRUST AND INVESTMENT FUNDS
465
Investment Transactions
Investments, January 1, 1940. $42,974.42 Subscribed for $3000 U. S. 21/4% bonds 3,000.00 Deposited in Arlington 5c Savings Bank 2,894.18
Deposited in Menotomy Trust Co ... .... 334.88
49,203.48
Sold $3000 H. O. L. C. 11/2% Bonds .... 3,000.00
Sold $3000 U. S. 21/4% Bonds 3,000.00
6,000.00
$43,203.48
Investments
U. S. Treasury 23/4% Bonds, 56/59 .... $15,000.00 200 shares First National Bank Stock 9,560.00
Arlington 5c Savings Bank. 18,222.66
Menotomy Trust Co.
420.82
$43,203.48
WILLIAM A. MULLER M. HELEN TEELE SARAH R. VAUGHN CHARLES J. WALSH ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
466
ARLINGTON TOWN REPORT
HENRY MOTT LIBRARY FUND 1940
Principal of Fund $5,200.00
Receipts
Interest on :
Arlington 5c Savings Bank Deposit. 53.12
Jersey Central Power & Light Bonds. 28.68
$5,281.80
Payments
Paid Town for Disbursement
81.80
$5,200.00
Investment Transactions in 1940
Fund, January 1, 1940
$5,200.00
Purchased $5000 Jersey Central Power
& Light bonds @ 1021/2 5,125.00
$10,325.00
Withdrew from Arlington 5c Savings Bank.
5,125.00
$5,200.00
Investments $5,000 Jersey Central Power & Light 31/2% Bonds, 1965 $5,125.00
Arlington 5c Savings Bank, Book 15001
75.00
$5,200.00
WILLIAM A. MULLER CYRUS E. DALLIN M. HELEN TEELE SARAH R. VAUGHN
CHARLES J. WALSH ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
467
TRUST AND INVESTMENT FUNDS
TIMOTHY WELLINGTON LIBRARY FUND
1940
Principal of Fund
$100.00
Receipts
Interest on Arlington 5c Savings Bank
2.01
$102.01
Payments
Paid Town for Disbursement. 2.01
$100.00
Investments
Arlington 5c Savings Bank, Book 15103. $100.00
WILLIAM A. MULLER CYRUS E. DALLIN M. HELEN TEELE SARAH R. VAUGHN CHARLES J. WALSH ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
468
ARLINGTON TOWN REPORT
ELLEN W. HODGDON LIBRARY FUND 1940
Principal of Fund $1,000.00
Receipts
Interest on Arlington 5c Savings Bank. 20.10
Payments
$1,020.10
Paid Town for Disbursement 20.10
$1,000.00
Investments
Arlington 5c Savings Bank, Book 45368. $1,000.00
WILLIAM A. MULLER CYRUS E. DALLIN M. HELEN TEELE SARAH R. VAUGHN CHARLES J. WALSH ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
469
TRUST AND INVESTMENT FUNDS
CHILDREN'S BOOK FUND
1940
Fund and Accumulated Income
$5,003.40 ...
Receipts
Interest on:
New Jersey Central Bonds
$250.00
Arlington 5c Savings Bank
2.99
$252.99
Profit on New Jersey Central Bonds sold @ 1011/2
75.00
Profit on First National Bank stock sold @ 471/2 325.00
652.99
Payments
Tax
$ .56
Paid Town for Disbursement 255.83
256.39
$5,400.00
Gain of Capital Assets
400.00
Fund
$5,000.00
Investment Transactions, 1940
Investments, January 1, 1940
$5,003.40
Purchased 125 shares First National Bank
stock @ 41
5,125.00
Deposited in Arlington 5c Savings Bank.
2,321.60
$12,450.00
Sold 5000 New Jersey Central Bonds
5,000.00
Sold 50 shares First National Bank stock 2,050.00
7,050.00
$5,400.00
Investments
75 shares First National Bank stock $3,075.00
Arlington 5c Savings Bank, Book 57012. 2,325.00
$5,400.00
WILLIAM A. MULLER CYRUS E. DALLIN M. HELEN TEELE SARAH R. VAUGHN
CHARLES J. WALSH
ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
....
$5,656.39
470
ARLINGTON TOWN REPORT
DEXTER RAWSON FAY LIBRARY FUND
1940
Prinicpal of Fund $1,741.60
Receipts
Interest on:
Arlington 5c Savings Bank $3.28
Arlington Co-operative Bank 48.00
51.28
$1,792.88
Payments
Paid Town for Disbursement
51.28
$1,741.60
Investments
Eight matured shares, 3% Arling-
ton Co-operative Bank $1,600.00
Arlington 5c Savings Bank, Book 51672 141.60
$1,741.60
WILLIAM A. MULLER CYRUS E. DALLIN M. HELEN TEELE SARAH R. VAUGHN
CHARLES J. WALSH ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
471
TRUST AND INVESTMENT FUNDS
E. NELSON BLAKE LIBRARY FUND
1940
Principal of Fund
$4,000.00
Gain of Capital Assets
370.00
$4,370.00
Receipts
Interest on :
$4,000 H. O. L. C. 11/2% Bonds. $36.67
$4,000 U. S. 21/4% Bonds
31.75
Arlington 5c Savings Bank Deposit
8.37
Profits from Investments
306.25
383.04
Payments
Paid Town for Disbursements
$74.29
Service Charge
2.50
76.79
$4,676.25
Gain of Capital Assets
676.25
Fund
$4,000.00
Transactions
Investments, Jan. 1, 1940
$4,370.00
Subscribed for 4000 U. S. 21/4% Bonds @ 100 $4,000.00
Deposited in Arlington 5c Savings
Bank 4,306.25
8,306.25
$12,676.25
$4,753.04
472
ARLINGTON TOWN REPORT
Sold 4000 11/2% H. O. L. C. Bonds @ 101:21 $4,000.00 Sold 4000 21/4% U. S. Bonds @ 106 .... 4,000.00
8,000.00
$4,676.25
Investments
Arlington Five Cents Savings Bank, Book 52201 $4,676.25
WILLIAM A. MULLER
CYRUS E. DALLIN
M. HELEN TEELE
SARAH R. VAUGHN
CHARLES J. WALSH
ARTHUR J. WELLINGTON
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
473
TRUST AND INVESTMENT FUNDS
NATHAN PRATT LIBRARY FUND
1940
Principal of Fund $10,000.00
Receipts
Interest on Arlington 5c Savings Bank.
201.00
$10,201.00
Payments
Paid Town for Disbursement
201.00
$10,000.00
Investments
Arlington 5c Savings Bank, Book 40850. $10,000.00
ROSCOE R. PERRY ARTHUR J. WELLINGTON ERNEST H. FREEMAN ROY B. CROSBY HARRIE H. DADMUN
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
Trustees
474
ARLINGTON TOWN REPORT
NATHAN PRATT HIGH SCHOOL FUND 1940
Principal of Fund $25,000.00
Receipts
Interest on:
Arlington 5c Savings Bank $243.60
N. H. R. R. Bonds, balance of
coupon No. 61 130.00
N. H. R. R. Bonds 75% of
coupon No. 62 195.00
$25,568.60
Payments
Paid Town for Disbursement
568.60
$25,000.00
Investments
N. Y., N. H. & H. R. R. Debenture
Bonds 4% 1955 $13,000.00
Arlington 5c Savings Bank, Book 40413 12,000.00
$25,000.00
ROSCOE R. PERRY ARTHUR J. WELLINGTON
ERNEST H. FREEMAN ROY B. CROSBY HARRIE H. DADMUN
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
475
TRUST AND INVESTMENT FUNDS
E. NELSON BLAKE, JR. MEMORIAL FUND
1940
Principal of Fund
$3,000.00
Receipts
Interest on Arlington 5c Savings Bank.
60.30
$3,060.30
Payments
Paid Town for Disbursement
60.30
$3,000.00
Investments
Arlington 5c Savings Bank, Book 12541 $3,000.00
ROSCOE R. PERRY ARTHUR J. WELLINGTON ERNEST H. FREEMAN ROY B. CROSBY HARRIE H. DADMUN
Trustees
CHARLES A. HARDY, Treasurer
CLARENCE NEEDHAM, Accountant
476
ARLINGTON TOWN REPORT
NATHAN PRATT POOR WIDOWS' FUND
1940
Principal of Fund $5,000.00
Receipts
Interest on:
Arlington 5c Savings Bank
100.50
$5,100.50
Payments
Paid Town for Disbursement
100.50
$5,000.00
Investments
Arlington 5c Savings Bank, Book 40450. $5,000.00
ROSCOE R. PERRY
ARTHUR J. WELLINGTON ERNEST H. FREEMAN ROY B. CROSBY HARRIE H. DADMUN
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
477
TRUST AND INVESTMENT FUNDS
E. S. FARMER RELIEF FUND
1940
Principal of Fund
$5,145.00
Receipts
Interest on:
U. S. Treasury Bond
$33.75
West End Ry. Bond
50.00
Arlington 5c Savings Bank
63.89
147.64
$5,292.64
Payments
Paid Town for Disbursement
$147.64
$5,145.00
Deferred Income from Investment.
145.00
Fund, December 31, 1940 .... $5,000.00
Investments
U. S. Treasury Bond, 1947, 33/8%
$1,000.00
West End Ry. Bond, 1944, 5% 1,000.00
Arlington 5c Savings Bank, Book 20873
3,145.00
$5,145.00
ROSCOE R. PERRY ARTHUR J. WELLINGTON ERNEST H. FREEMAN VAL T. HANSON HARRIE H. DADMUN
Trustees
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
478
ARLINGTON TOWN REPORT
E. S. FARMER POOR WIDOWS' FUND
1940
Principal of Fund $5,000.00
Receipts
Interest on :
Arlington 5c Savings Bank
100.50
$5,100.50
Payments
Paid Town for Disbursement
$100.50
$5,000.00
Investments
Arlington 5c Savings Bank, Book 40379 $5,000.00
ROSCOE R. PERRY
ARTHUR J. WELLINGTON ERNEST H. FREEMAN VAL T. HANSON HARRIE H. DADMUN
Trustees
CHARLES A. HARDY, Treasurer
CLARENCE NEEDHAM, Accountant
479
TRUST AND INVESTMENT FUNDS
MARY CUTTER POOR WIDOWS' FUND
1940
Principal of Fund
$613.11
Receipts
Interest on Arlington 5c Savings Bank
12.32
$625.43
Payments
Paid Town for Disbursement
12.32
$613.11
Investments
Deposited in Arlington 5c Savings Bank,
Book 15105
$613.11
HAROLD M. ESTABROOK WILLIAM C. ADAMS ERNEST W. DAVIS
Trustees, ex-officio
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
480
ARLINGTON TOWN REPORT
MARTHA M. W. RUSSELL POOR WIDOWS' FUND
1940
Principal of Fund $1,704.23
Receipts
Interest on Arlington 5c Savings Bank 34.25
$1,738.48
Payments
Paid Town for Disbursement
34.25
$1,704.23
Investments
Arlington 5c Savings Bank Book 439 $1,704.23
HAROLD M. ESTABROOK WILLIAM C. ADAMS ERNEST W. DAVIS
Trustees, ex-officio
CHARLES A. HARDY, Treasurer
CLARENCE NEEDHAM, Accountant
481
TRUST AND INVESTMENT FUNDS
WILLIAM CUTTER SCHOOL FUND 1940
Principal of Fund
$5,354.00
Receipts
Interest on Arlington 5c Savings Bank.
107.61
$5,461.61
Payments
Paid Town for Disbursement
107.61
$5,354.00
Investments
Arlington 5c Savings Bank, Book 15102. $5,354.00
HAROLD M. ESTABROOK WILLIAM C. ADAMS ERNEST W. DAVIS
Trustees, ex-officio
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
482
ARLINGTON TOWN REPORT
MARTHA M. W. RUSSELL SCHOOL FUND 1940
Principal of Fund $5,327.86
Receipts
Interest on:
Arlington 5c Savings Bank
107.08
$5,434.94
Payments
Paid Town for Disbursement
107.08
$5,327.86
Investments
Arlington 5c Savings Bank, Book 9373 $5,327.86
HAROLD M. ESTABROOK WILLIAM C. ADAMS ERNEST W. DAVIS
Trustees, ex-officio
CHARLES A. HARDY, Treasurer
CLARENCE NEEDHAM, Accountant
483
TRUST AND INVESTMENT FUNDS
JULIA FILLEBROWN FUND 1940
Principal of Fund
...
$100.00
Receipts
Interest on Arlington 5c Savings Bank.
2.01
$102.01
Payments
Paid Town for Disbursement
2.01
$100.00
Investments
Arlington 5c Savings Bank, Book 15841
$100.00
HAROLD M. ESTABROOK WILLIAM C. ADAMS ERNEST W. DAVIS
Trustees, ex-officio
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
484
ARLINGTON TOWN REPORT
PERPETUAL CARE FUND 1940
Fund, January 1, 1940 $150,791.00
Received for Perpetual Care of Lots. 7,606.00
$158,397.00
Income Account
Balance of Income, January 1, 1940
$14,536.40
Interest on:
West End Ry. Bonds
$250.00
U. S. Treasury 27/8% Bonds
143.75
U. S. Treasury 31/4% Bonds
162.50
Penn. Water & Power 31/4%
Bonds, 1970
38.37
First National Bank Stock
200.00
Arlington 5c Savings Bank
1,765.44
National Shawmut Bank Stock
200.00
Menotomy Trust Co. Savings Dept.
962.79
Provident Institution for Savings ..
47.82
Boston 5c Savings Bank
90.57
Premium on Penn. Water &
Power Bonds
350.00
$18,747.64
$177,144.64
Payments
Paid Town for Disbursement
$3,803.50
Accrued interest on Penn. Water &
Power Bonds
6.32
Commission on Penn. Water & Power Bonds
12.50
Tax
2.00
Rent of Safe Deposit Box
7.50
Premium on purchase of Penn. Water & Power Bonds 250.00
$4,081.82
485
TRUST AND INVESTMENT FUNDS
Fund and Accumulated Income, Dec. 31, 1940 ...... $173,062.82 Investment Transactions in 1940
Investments, January 1, 1940
$165,327.40
Purchased 5000 Penn. Water & Power 31/4% Bonds, due 1970, @ 105 $5,000.00
Deposited in Arlington 5c Savings Bank 6,641.74
Deposited in Boston 5c Savings Bank 90.57
Deposited in Provident Institution for Savings 47.82
Deposited in Menotomy Trust Co. Savings Dept.
955.29
12,735.42
$178,062.82
Sold 5000 Penn. Water & Power Bonds @ 107 ....
5,000.00
Investments
$173,062.82
Arlington 5c Savings Bank Book 8982 $93,003.72 Menotomy Trust Co. Savings Dept., Book 1681 48,859.34
Boston 5c Savings Bank, Book 1039471 4,597.46
Provident Institution for Savings, Book 603700
2,427.30
100 Shares First National Bank Stock
4,175.00
200 Shares National Shawmut Bank Stock 5,000.00
5000 U. S. Treasury 27/8% Bonds 55/60 5,000.00 5000 U. S. Treasury 31/4% Bonds 43/45 5,000.00 5000 West End Ry. Bonds 1944. 5,000.00
$173,062.82 J. EDWIN KIMBALL M. ERNEST MOORE FREDERICK HILL
CHARLES A. HARDY. Treasurer CLARENCE NEEDHAM, Accountant
Commissioners
486
ARLINGTON TOWN REPORT
SAMUEL C. BUCKNAM FUND 1940
Permanent Fund $2,000.00
Income Account
Balance from 1939
$28.07
Interest Arlington 5c Savings Bank .. 40.76
68.83
$2,068.83
Payments
Paid Town for Disbursement
$40.76
$2,028.07
Investments
Arlington 5c Savings Bank, Book 12248 $2,028.07
J. EDWIN KIMBALL M. ERNEST MOORE FREDERICK HILL Cemetery Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
487
TRUST AND INVESTMENT FUNDS
SOLDIERS' MONUMENT FUND
1940
Permanent Fund $2,000.00
Income Account
Balance from 1939
$1,129.05
Interest on Arlington 5c Savings Bank 62.89
1,191.94
$3,191.91
Payments
Paid Town for Disbursement $40.00
$3,151.94
Investments
Arlington 5c Savings Bank, Book 6977 $3,151.94
J. EDWIN KIMBALL M. ERNEST MOORE FREDERICK HILL Cemetery Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
488
ARLINGTON TOWN REPORT
ROBBINS CEMETERY FUND
1940
Fund, January 1, 1940
$5,000.00
Accumulated Income
425.14
$5,425.14
Receipts
Interest on:
Arlington 5c Savings Bank
$69.24
Water Loan 1925
80.00
149.24
$5,574.38
Payments
Paid Town for Disbursement
$149.24
$5,425.14
Investment Transactions in 1940
Investments, January 1, 1940
$5,425.14
Water Loan 1925 Note 449 Matured .. 2,000.00
3,425.14
Deposited in Arlington 5c Savings Bank 2,000.00
$5,425.14
Investments
Arlington 5c Savings Bank, Book 6758. $5,425.14
J. EDWIN KIMBALL M. ERNEST MOORE FREDERICK HILL Cemetery Commissioners
CHARLES A. HARDY, Treasurer CLARENCE NEEDHAM, Accountant
489
TRUST AND INVESTMENT FUNDS
REPORT OF THE TRUSTEES OF THE ELBRIDGE FARMER FUND
For the Year Ending December 31, 1940
Receipts
Interest
Arlington Five Cents Savings Bank
$200.00
Boston Five Cents Savings Bank
60.00
Cambridge Savings Bank
136.70
Franklin Savings Bank
55.64
Menotomy Trust Company
255.42
Menotomy Trust Company Income Account
10.84
Provident Institute for Savings
60.00
Suffolk Savings Bank
52.50
3M Illinois Central R. R. Co. 43/4 1966
142.50
10M U. S. Treasury 3% 1955
300.00
$1,273.60
Disbursements
Treasurer, Town of Arlington for Robbins Library
$1,273.60
$1,273.60
490
ARLINGTON TOWN REPORT
Investments
3M Illinois Central R. R. 43/4% 1966 $3,000.00
10M U. S. Treasury 3% 1955 10,000.00
Arlington Five Cents Savings Bank 10,000.00
Boston Five Cents Savings Bank 3,000.00
Cambridge Savings Bank 5,468.75
Franklin Savings Bank 2,782.77
Menotomy Trust Co. Savings Department.
12,771.00
Provident Institution for Savings 3,000.00
Suffolk Savings Bank 3,000.00
$53,022.52
JAMES A. BAILEY JOHN A. BISHOP JOHN G. BRACKETT WILLIAM D. ELWELL FREDERICK W. HILL
Trustees.
TOWN TREASURER'S REPORT
491
REPORT OF TOWN TREASURER
1940
Cash in Banks, January 1, 1940 $ 186,938.33
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