Town of Arlington annual report 1942, Part 11

Author: Arlington (Mass.)
Publication date: 1942
Publisher:
Number of Pages: 480


USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1942 > Part 11


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6,527.82


Forward $2,663,843.39


193


TOWN ACCOUNTANT'S REPORT


PAYMENTS


General Government forward


$44,526.84


Other Finance Accounts :


36.00


Printing and Certifying Bonds and Notes .... Law Department:


Town Counsel-Salary and Fees


4,118.13


Town Counsel-Expense


296.91


Investigation Symmes Hospital Cases


1,670.00


Other Attorney's Fees


430.00


Miscellaneous Expense


24.05


Town Clerk:


Personal Services


6,098.33


Expense


461.54


Fidelity Bonds


11.25


Public Works:


Salary of Board


2,000.00


Other Personal Services


1,126.21


Expense


130.99


Board of Survey :


Personal Services


1,845.34


Expense


67.58


Planning Board:


Expense


136.66


Engineering :


Salary Town Engineer


3,900.00


Other Personal Services


20,984.96


Expense


2,377.92


Elections and Town Meetings :


Personal Services


7,834.84


Expense


3,527.79


1


Board of Appeal


228.69


Other General Government Department Expense : Town Hall:


.


Personal Services


5,912.33


Fuel and Lighting


2,982.63


Repairs and Other Maintenance


2,229.22


Maintenance of Grounds


3,039.95


Total General Government $115,998.16


Forward $115,998.16


194


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,663,843.39


PROTECTION OF PERSONS AND PROPERTY :


Police Radio Service


$600.00


Police Miscellaneous


13.40


County-Dog Officer


640.00


Fire Miscellaneous


45.36


Sealer of Weights and Measures


200.09


Total Protection of Persons and Property 1,498.85


Property of Robbins Library Arlington, Mass.


1


Forward $2,665,342.24


195


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $115,998.16


PROTECTION OF PERSONS AND PROPERTY :


Police :


Personal Services


$125,526.36


Equipment and Repairs


7,016.33


Fuel and Lighting


2,102.76


Maintenance Buildings and Grounds.


1,047.78


Radio Equipment and Maintenance


243.22


Other Expense


2,984.56


Fire :


Personal Services


122,881.75


Equipment and Repairs


4,642.99


Fuel and Lighting


3,222.08


Maintenance Buildings and Grounds.


805.36


Other Expense


1,704.59


Fire and Police Signal System:


Maintenance and Expense .... 1,600.27


Inspection :


Building Inspector:


Salary of Inspector


2,800.00


Other Personal Services


4,465.00


Expense


515.56


Wire Inspector :


Salary of Inspector


2,800.00


Expense


490.63


Sealer of Weights and Measures:


Salary of Sealer


2,353.41


Expense


364.85


Protection of Persons and Property forward $287,567.50


Forward $115,998.16


196


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,665,342.24


HEALTH AND SANITATION:


Health :


Contagious Diseases


$7,891.70


Dental Clinic


335.00


Miscellaneous


1.00


From County-a/c Rabies


.. 125.14


Inspection :


Slaughtering


2.50


Health and Sanitation forward .. $8,355.34


Forward $2,665,342.24


197


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $115,998.16


Protection of Persons and Property forward


$287,567.50


FORESTRY :


Insect Pest Extermination :


Salary Superintendent


2,035.00


Other Personal Services


3,329.00


Expense


2,010.88


Planting and Trimming Trees:


Salary Tree Warden


487.50


Other Personal Services


2,990.88


Trees and Loam


900.00


New Equipment


945.83


Other Expense


523.19


Dog Officer


1,347.14


Total Protection of Persons and Property. $302,136.92


HEALTH AND SANITATION:


Health:


Salary of Board


$750.00


Other Personal Services


4,236.83


Office Maintenance and Expense


342.55


Auto Maintenance


387.64


Physician's Salary


300.00


Dental Clinic-Salary of Dentist.


740.00


Dental Clinic-Expense


440.12


Nurse and Dental Assistant


1,700.00


Bacteriologist-Salary


400.00


Laboratory and Dispensary Expense.


75.38


Abatement of Nuisance-Spy Pond


35.00


Contagious Diseases


18,306.38


County Hospital Assessment


25,492.20


Vital Statistics


195.03


INSPECTION :


School Nurse and Physicians


7,349.55


Inspector of Animals


500.00


Inspector of Slaughtering


400.00


Milk Inspection Expense


159.00


Smoke Inspection


634.77


Health and Sanitation forward. $62,444.45


Forward $418,135.08


198


ARLINGTON TOWN REPORT


RECEIPTS


Forward


$2,665,342.24


Health and Sanitation forward


$8,355.34


SANITATION :


Sewers-Miscellaneous


549.74


Refuse and Garbage Disposal


7,200.00


Sale of Ashes and Rubbish Tickets


590.30


Total Health and Sanitation


16,695.38


HIGHWAYS:


General


$639.58


Snow and Ice Removal


33.95


From State-Chapter 90


4,262.69


From County-Chapter 90


2,543.73


Total Highways


7,479.95


CHARITIES:


Reimbursement for Relief Given:


Welfare Aid-Individuals


$320.84


Welfare Aid-Other Cities and Towns ..


3,430.63


Welfare Aid-State


16,891.70


Aid to Dependent Children:


Individual


5.00


State


16,079.39


Old Age Assistance:


Individuals


592.00


Other Cities and Towns


2,441.95


State


68,545.57


Total Charities 108,307.08


SOLDIERS' BENEFITS:


State Aid


$1,475.00


Military Aid


301.25


Soldiers' Burials


200.00


Total Soldiers' Benefits


1,976.25


-


Forward $2,799,800.90


199


TOWN ACCOUNTANT'S REPORT


.


PAYMENTS


Forward $418,135.08


Health and Sanitation forward. ......... $62,444.45


SANITATION :


Sewer Maintenance and Operation


8,098.05


Metropolitan Sewer Maintenance


21,978.28


Sewer Construction


8,882.22


Storm Drains


3,727.87


Refuse and Garbage Disposal


108,557.41


Street Cleaning


14,295.47


Total Health and Sanitation


227,983.75


HIGHWAYS:


General Administration --


Salaries and Expense


$4,400.19


Maintenance Labor and Material


67,928.11


Equipment


8,857.86.


Construction New Streets


12,134.88


Reconstruction New Streets.


8,475.01


Sidewalks and Curbstones


12,997.22


Snow and Ice Removal


35,769.46


Street Lighting


50,863.09


Street Signs


2,744.90


Traffic Signs and Guides (Police)


4,819.22


Total Highways


208,989.94


CHARITIES:


Welfare:


General Administration-Salaries and Expense


$13,791.47


Aid


66,905.18


Aid to Dependent Children:


General Administration-Salaries and Expense


3,404.18


Aid to Dependent Children


50,464.53


Old Age:


General Administration-Salaries and Expense


8,870.57


Assistance


182,806.33


Town Physician


600.00


Visiting Nurses


2,000.00


Total Charities


328,842.26


SOLDIERS' BENEFITS: '


Soldiers' Relief and Burials


$10,633.86


State Aid


1,170.00


Military Aid


30.00


Hospital Care


137.09


Total Soldiers' Benefits


11,970.95


Forward $1,195,921.98


200


ARLINGTON TOWN REPORT


RECEIPTS


SCHOOLS:


Forward $2,799,800.90


Tuition and Transportation


State Wards


$2,530.17


Other Tuition


845.77


Rental of Schools


631.50


Miscellaneous


570.24


Total Schools


4,577.68


1


Forward $2,804,378.58


TOWN ACCOUNTANT'S REPORT


201


PAYMENTS


Forward $1,195,921.98


SCHOOLS:


General Control:


Superintendent's Salary


$4,817.06


Other Salaries


10,610.00


Expense


1,019.13


Instructional Service:


Teachers and Others


474,053.77


Clerks to Principals


6,352.43


Expenses


998.32


Supplies


31,132.69


Operation of Plant:


Janitors and Helpers


....


46,460.33


Material and Expense


34,176.12


Maintenance of Plant:


Repairmen


12,992.45


Repairs and Replacements


16,534.34


Expense


2,058.57


Auxiliary Agencies :


Librarian


1,000.00


Expense


430.31


Capital Outlay:


Furnishings and Equipment


2,257.04


Instructional Apparatus


1,186.84


Remodeling and Construction


1,354.10


Miscellaneous:


Roof Repairs


96.00


Sound and Telephone System


4,799.26


Bonus to Employees .


26,654.00


Pratt High School Fund Income


832.27


Russell and Cutter School Fund Income


208.99


Vocational Tuition


5,361.17


Total Schools 685,385.19


Forward $1,881,307.17


202


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,804,378.58


LIBRARIES:


Fines


$2,250.65


Miscellaneous


128.79


Total Libraries


2,379.44


Forward $2,806,758.02


203


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $1,881,307.17


LIBRARIES:


Personal Services


$22,005.29


Books and Periodicals


6,338.14


Bindery Expense Fuel and Lighting


2,056.99


Building and Grounds


747.33


Telephone


231.74


Other Expense


1,181.98


Library Trust Funds Income Expense. ..


1,027.46


Total Libraries


35,782.53


RECREATION :


Parks:


Personal Services


$9,494.10


Other Expense


1,957.46


Improvements and Capital Outlay


469.00


State Assessment Metropolitan Park Maintenance


11,123.38


Playgrounds :


Peirce Playground


489.25


North Union Street Playground


and Improvement


293.86


Other Playgrounds Improvements


5,866.34


Purchase of Land for Playground


33,812.50


Personal Services and Expense


6,143.00


Equipment


1,150.88


CELEBRATIONS:


Patriots' Day


125.00


July 4th


10.00


Total Recreations


70,934.77


PENSIONS:


Various Departments :


Police


$2,190.00


Fire


6,153.80


Highway


4,242.48


Water


323.76


Total Pensions 12,910.04


Forward $2,000,934.51


2,193.60


204


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,806,758.02


UNCLASSIFIED :


Menotomy Hall Rentals $1,315.24


Rental Other Town Property ..


67.88


Symmes Hospital Claims- Refunds


2,078.60


Recording Fees and Expenses .... 131.52


Miscellaneous


185.74


Sale of Tax Possessions Property 2,530.00


Tin Cans and Scrap Iron Sold.


563.33


Total Unclassified 6,872.31


PUBLIC SERVICE ENTERPRISES:


Income from Sale of Water $181,714.90


Miscellaneous 1,449.29


House Connections


292.89


Total Public Service Enterprises. ..... 183,457.08


Forward $2,997,087.41


205


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $2,000,934.51


UNCLASSIFIED:


Damages to Persons and Property


$2,877.00


Memorial Day


843.30


Town Clock Maintenance


14.61


Menotomy Hall Maintenance


2,272.81


Town-Owned Houses Maintenance


2,035.52


Insurance


13,269.36


Workmen's Compensation


6,438.71


Printing Town Reports


927.32


Recording Tax Titles


167.25


Recording & Foreclosure Tax Title Property


189.61


Symmes Hospital Claims


7,105.25


Expenses Relating to Unemployment


and W.P.A. Projects-Wages and Material


47,403.62


Rental of Quarters V.F.W.


400.00


Charles River Basin Maintenance


2,947.68


Metropolitan District Expense


139.92


Corporation Tax 1939


2,688.14


Indemnity to Policemen


300.00


Boston Elevated Rental Deficiency


2,159.53


Preservation of Health and Protection


of Persons and Property


21,134.33


Registration and Operation of Bicycles. ...


599.36


Arlington Rationing Board


689.15


Sale of Lands and Buildings


125.00


Total Unclassified $114,727.47


PUBLIC SERVICE ENTERPRISES:


Water Maintenance and Operation:


Personal Services and Wages.


$34,372.08


Material and Expense


23,782.35


Construction :


Personal Services


7,622.79


Material and Expense


5,273.60


State Assessment:


Metropolitan Water Maintenance


25,896.10


Total Public Service Enterprises. 96,946.92


Forward $2,212,608.90


206


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,997,087.41


CEMETERIES:


Sale of Lots and Graves


$8,389.50


Care of Lots and Graves (An-


nual Care, Opening Graves, Foundations) 8,414.01


Care of Endowed Lots


(Interest on Funds) 4,340.19


Sale of Junk 499.74


Miscellaneous


1,604.00


Total Cemeteries


23,247.44


INTEREST:


Bank Deposits


$952.06


Deferred Taxes 7,656.23


Special Assessments


5,790.54


Sinking and Investment Funds .. 2,063.39


Contributory Retirement


3,496.24


Public Trust Funds :


Charity


437.42


Schools


1,561.39


Library


3,148.51


Cemetery-General Care 149.80


Loan on Tax Titles-Refund ..


105.53


Total Interest 25,361.11


MUNICIPAL INDEBTEDNESS :


Anticipation Revenue' Loans $600,000.00


Accounts Payable 11,060.75


Total Municipal Indebtedness 611,060.75 TRANSFER BY TOWN TO SPECIAL FUNDS: Contributory Retirement $28,807.38


Total Transferred to Special Funds ....


28,807.38


Forward $3,685,564.09


TOWN ACCOUNTANT'S REPORT


207


PAYMENTS


1.


Forward $2,212,608.90


CEMETERIES :


Superintendent's Salary


$3,130.00


Other Personal Services


1,252.00


Wages


17,697.65


Office Maintenance


477.12


Other Maintenance and Supplies.


948.99


Grading and Improvements


1,578.18


Total Cemeteries


25,083.94


INTEREST :


Anticipation of Revenue


$1,297.37


Police Station


400.00


Fire Station


240.00


School Buildings


11,978.75


Parks


600.00


Metropolitan Requirements :


Sewers


6,507.38


Parks


1,910.99


Water


28,636.22


Charles River Basin


1,870.66


Total Interest


53,441.37


MUNICIPAL INDEBTEDNESS:


Loans on Bonds :


Anticipation Revenue


$600,000.00


Police Station


2,000.00


Fire Station


3,000.00


School Houses


63,000.00


.


Municipal Indebtedness forward .... $668,000.00


ยท Forward $2,291,134.21


208


ARLINGTON TOWN REPORT


RECEIPTS


Forward $3,685,564.09


AGENCY, TRUSTS AND INVESTMENTS:


Perpetual Care Funds $10,044.00


Public Trust Funds :


Securities Matured and Sold ....


66,319.05


Gain on Securities 2,940.75


Contributory Retirement


Contributions


15,082.86


Special Funds :


Special Service Deposits


1,045.62


Dog Licenses-County


4,054.80


Sporting Licenses-State


1,271.50


Newsboy Badges Deposits


4.50


Tailings


485.75


Food Stamps Sold


26,518.00


Total Agency, Trust and Investment Transactions 127,766.83


CASH BALANCE JANUARY 1, 1942


General $243,449.69


Sinking and Special Funds. 26,742.95


Perpetual Care Funds 148,213.91


Other Public Trust Funds 127,886.61


Contributory Retirement Fund


112,227.39


Private Trust Funds


2,153.74


Total Cash Balance


660,674.29


Grand Total Receipts and Cash on Hand. $4,474,005.21


209 .


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $2,291,134.21


Municipal Indebtedness forward $668,000.00


METROPOLITAN REQUIREMENTS:


Sewers


19,502.66


Parks


3,218.73


Water


27,668.27


Charles River Basin


448.03


Accounts Payable


2,449.89


Total Municipal Indebtedness 721,287.58


SINKING AND INVESTMENT FUNDS:


Contributory Retirement Transferred.


$28,807.38


Total Sinking and Investment Funds. 28,807.38


AGENCY AND TRUST TRANSACTIONS:


Agency :


State Tax


$140,400.00


State Sporting Licenses


1,271.50


County Tax


73,296.15


County Dog Tax


3,958.20


Purchase of Food Stamps


18,900.00


Trust:


Trust Fund Purchases


152,575.00


Trust Fund Premium, Expense,


Accrued Interest


22,676.63


Special Service Deposits Refunded


452.19


Special Service Deposits Transferred to Income


1,152.91


Tailings Previous Years


2.18


Newsboy Badges


11.50


Total Agency and Trust Transactions


414,696.26


CASH BALANCE DECEMBER 31, 1942


General


$645,565.03


Sinking and Special Funds


28,790.71


Perpetual Care Funds


126,982.66


Other Public Trust Funds


120,926.68


Contributory Retirement Fund


93,647.27


Private Trust Funds


2,167.43


Total Cash Balance


$1,018,079.78


Grand Total Payments and Cash on Hand $4,474,005.21


210


ARLINGTON TOWN REPORT


BORROWING CAPACITY


Assessors' Valuation


December 31, 1942 :


1940 Taxes $60,779,241.00


1941 Taxes 60,942,013.00


1942 Taxes


58,177,148.00


$179,898,402.00


Average Valuation 59,966,134.00


3% of Average Valuations


$1,798,984.00


Town Debt:


December 31, 1942


$264,000.00


Less Loans Exempt : Parks 15,000.00 249,000.00


Borrowing Capacity December 31, 1942.


$1,549,984.00


1


211


TRUST AND INVESTMENT FUNDS


TRUST AND INVESTMENT FUNDS


SINKING FUND 1942


Receipts


Fund, Dec. 31, 1941 ... $13,728.14


Interest on


Arlington 5c Savings


Bank


$202.53


Suffolk Savings Bank 54.97


257.50


$13,985.64


Investments


Arlington 5c Savings Bank, Book 14554 $10,279.43


Suffolk Savings Bank, Book 566019 ..


3,706.21


$13,985.64


HARRIE H. DADMUN EDWARD H. KITTREDGE ROY B. CROSBY Commissioners


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


212


ARLINGTON TOWN REPORT


MUNICIPAL BUILDINGS INSURANCE FUND 1942


Fund and Accumulated Income, January 1, 1942 $82,228.56.


Receipts


Interest on :


U. S. Treasury 21/2% Bonds $150.00


U. S. Treasury 23/4% Bonds 172.45


U. S. Treasury 33/8% Bonds 169.21


U. S. Treasury 31/8% Bonds 313.36


U. S. Treasury 3% Bonds 300.82


U. S. Treasury 2% Bonds 401.10


Arlington 5c Savings Bank


222.26


$1,729.20


U. S. Savings Bonds increased 400.00


Premium on sale of U. S. Treasury Bonds. 2,431.25


$86,789.01


Payments


Box rent $10.00


Interest paid on U. S. Treasury


Bonds 36.36


46.36


Fund, December 31, 1942 $86,742.65


Investment Transactions in 1942


Investments, January 1, 1942


$82,228.56


Purchased U. S. Treasury 13/4% @ par 48,000.00


Purchased U. S. Treasury 7/8% @


par 5,000.00


213


TRUST AND INVESTMENT FUNDS


U. S. Savings Bonds increased, April 1939 200.00


U. S. Savings Bonds increased, Jan. 1940 200.00


Deposited in Arlington 5c Savings Bank 1,114.09


$136,742.65


Sold U. S. Treasury 31/8% Bonds


/ 46/49


$10,000.00


Sold U. S. Treasury 33/8% Bonds 43/47 5,000.00


Sold U. S. Treasury 3% Bonds 46/48


10,000.00


Sold U. S. Treasury 2% Bonds 47


20,000.00


Sold U. S. Treasury 23/4% Bonds 45/47 5,000.00


50,000.00


$86,742.65


Investments


U. S. Treasury 21/2% Bonds 52/54 $6,000.00


U. S. Treasury 13/4% Bonds 1948 .. 48,000.00


U. S. Treasury 7/8% Bonds 1943 5,000.00


U. S. Savings Bonds 1949


8,100.00


U. S. Savings Bonds 1950


7,900.00


Arlington 5c Savings Bank, Book 40412 11,742.65


$86,742.65


HARRIE H. DADMUN EDWARD H. KITTREDGE ROY B. CROSBY Commissioners


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


214


ARLINGTON TOWN REPORT


WORKMEN'S COMPENSATION INSURANCE FUND 1942


Principal of Fund and Accumulated Income January 1, 1942 $2,386.25


Receipts


Interest, Menotomy Trust Co. Savings Dept 114.88


Appropriation, Annual Town Meeting 7,000.00


$9,501.13


Payments


Paid Town for Disbursements $6,438.71


$3,062.42


Investments


Menotomy Trust Co. Savings Dept., Book 1686 $3,062.42


HARRIE H. DADMUN EDWARD H. KITTREDGE ROY B. CROSBY


Commissioners


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


215


TRUST AND INVESTMENT FUNDS


CONTRIBUTORY RETIREMENT SYSTEM 1942


Balance, January 1, 1942


$135,546.44


Contributions


15,080.78


Interest on bank deposits


3,677.67


Profits on sale of bonds


71.31


Appropriation


28,807.38


Expenditures


Pensions


$13,336.25


Refunds


7,469.27


Expenses


530.31


Accrued Interest


181.43


Adjustment of bond value


19.05


21,536.31


Balance December 31, 1942


$161,647.27


Investments


Andover Savings Bank


$2,098.53


Arlington 5c Savings Bank


922.39


Belmont Savings Bank


301.80


Boston Penny Savings Bank


101.76


Cambridge Savings Bank


4,713.43


Chelsea Savings Bank


4,293.31


Cohasset Savings Bank


2,012.50


Danvers Savings Bank


1,132.97


East Boston Savings Bank


557.14


East Weymouth Savings Bank


9,824.62


Gardner Savings Bank


4,025.00


Home Savings Bank


60.90


Leominster Savings Bank


4,016.67


Lexington Savings Bank


2,800.70


Lynn 5c Savings Bank


542.32


Lynn Institution for Savings


1,051.43


Malden Savings Bank


8,958.78


Mechanics Savings Bank


2,113.76


Medford Savings Bank


2,042.46


Melrose Savings Bank


8,880.05


Natick 5c Savings Bank


1,061.88


Newton Savings Bank


2,150.23


North Avenue Savings Bank (Cambridge) ..


126.00


Southbridge Savings Bank


1,004.17


Stoneham 5c Savings Bank


3,069.58


Wakefield Savings Bank


98.49


Waltham Savings Bank


4,140.60


Warren 5c Savings Bank


7,624.31


Watertown Savings Bank


3,291.08


West Newton Savings Bank


360.20


Whitman Savings Bank


4,151.88


Winchendon Savings Bank


508.76


Winchester Savings Bank


-


3,231.42


Woburn 5c Savings Bank


359.35


$91,628.47


$183,183.58


216


ARLINGTON TOWN REPORT


Menotomy Trust Co. Checking Account ........ 2,018.80


Forward $93,647.27


Securities :


Paid up Certificate Pittsfield Coop. Bank .. $2,000.00


U. S. Defense 21/2% registered bonds Series G 10,000.00


U. S. Defense 21/2% registered bonds Series G 10,000.00


U. S. Treas. 21/2% registered bonds 62/67 25,000.00


U. S. Treas. 21/2% coupon bonds 68/63. 16,000.00


U. S. Treas. 212% registered bonds 67/72 5,000.00


68,000.00


$161,647.27


INVESTMENT TRANSACTIONS


Purchases


February 28, 1942


Subscribed for $10,000 U. S. Series G 21/2% bonds.


$10,000.00


March 28, 1942


Subscribed for $10,000 U. S. Series G 21/2% bonds.


10,000.00


August 5, 1942


Subscribed for $25,000 U. S. 21/2% bonds 62/67.


25,000.00


December 23, 1942


Subscribed for $16,000 U. S. 212% bonds 68/63.


16,000.00


$61,000.00


Sales


December 23, 1942


Sold $16,300 21/2% bonds 67/72 @ 100


$16,300.00


SUMMARY OF MEMBERSHIP ACTIVITY


Entrants


1937 to 1941 255


29


284


Deaths


7


2


9


Withdrawals


25


21


46


Retirements


26


2


28


Active Members as of December 31


Male


146


148


148


Female


51


53


53


Members of Retirement December 31


22


21


21


Amount of Retirement Allowances Paid


1937 to 1941


Total 1942 $13,336.25 $51.064.25


Allowances in Effect as of


$37,728.00


December 31, 1942


$13,377.00


1942


Total


CLARENCE NEEDHAM HAROLD A. CAHALIN JAMES J. GOLDEN, Jr. Contributory Retirement Board


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


217


TRUST AND INVESTMENT FUNDS


PERPETUAL CARE FUND 1942


Fund, January 1, 1942


$166,830.00


Received for Perpetual Care of Lots


10,044.00


$176,874.00


Income Account


Balance of Income, January 1, 1942 Interest on:


$14,783.63


West End Ry. Bonds 5%


$250.00


U. S. Treasury 21/2% Bonds 52/54


125.00


U. S. Treasury 21/2% Bonds 56/58


60.00


U. S. Treasury 21/2% Bonds 67/72


142.27


U. S. Treasury 27/8% Bonds 55/60


143.75


U. S. Treasury 31/4% Bonds 43/45


162.50


U. S. Defense Bonds Series G 21/2%


625.00


Pacific Gas & Electric Light Bonds


150.00


First National Bank Stock


200.00


National Shawmut Bank Stock


200.00


Arlington 5c Savings Bank


1,611.20


Menotomy Trust Savings Dept. ..


462.64


Boston 5c Savings Bank


94.25


Provident Inst. for Savings


49.76


4,276.37


$195,934.00


Payments


To Menotomy Trust Co. for interest on Loan @ 21/2% from Oct. 16, 1941 to Jan. 2, 1942 $31.94


Rent of Safe Deposit Box 7.50


218


ARLINGTON TOWN REPORT


Paid Town for Disbursement 4,236.00


4,275.44


Fund and Accumulated Income, Dec. 31, 1942 .. $191,658.56


Investment Transactions in 1942


Investments, January 1, 1942 $181,613.63


Purchased 6300 U. S. Treasury


21/2% Bonds 67/72 $6,300.00


Purchased U. S. Defense Bonds


Series G, 21/2% 25,000.00


Deposited in Boston 5c Savings Bank 94.25


Deposited in Provident Inst. for Sav- ings 49.76


31,444.01


$213,057.64


Withdrew from Menotomy Trust Co. Sav. Dept. $5,876.80


Withdrew from Arlington 5c Sav-


ings Bank 15,522.28


21,399.08


$191,658.56


Investments


6300 U. S. Treasury 21/2% Bonds


67/72


$6,300.00


2400 U. S. Treasury 21/2% Bonds 56/58


2,400.00


5000 U. S. Treasury 31/4% Bonds 43/45 5,000.00


5000 U. S. Treasury 21/2% Bonds 52/54


5,000.00


219


TRUST AND INVESTMENT FUNDS


5000 U. S. Treasury 27/8% Bonds 55/60


5,000.00


25000 U. S. Defense Bonds 21/2% 52/54


25,000.00


5000 West End Ry. Bonds 1944


5,000.00


5000 Pacific Gas & Electric Bonds 3% 1970


5,000.00


Arlington 5c Savings Bank, Book 8982


85,286.57


Menotomy Trust Co., Sav. Dept., Book 1681


31,187.04


Boston 5c Savings Bank, Book 1039471


4,784.11


Provident Inst. for Savings, Book 603799


2,525.84


100 Shares First National Bank Stock


4,175.00


200 Shares National Shawmut Bank Stock


5,000.00


$191,658.56


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


1


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


220


ARLINGTON TOWN REPORT


SAMUEL C. BUCKNAM FUND 1942


Permanent Fund


$2,000.00 -


Income Account


Balance January 1, 1942


$28.07


Interest on 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 W. HILL Cemetery Commissioners


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


221


TRUST AND INVESTMENT FUNDS


ROBBINS CEMETERY FUND


1942


Fund, January 1, 1942


$5,000.00


Accumulated Income


425.14


$5,425.14


Receipts


Interest on Arlington 5c Savings Bank


109.04


$5,534.18


Payments


Paid Town for Disbursement


109.04


$5,425.14


Investments


Arlington 5c Savings Bank, Book 6758 5,425.14


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


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


222


ARLINGTON TOWN REPORT


SOLDIERS' MONUMENT FUND 1942


Permanent Fund


$2,000.00


Income Account


Balance, January 1, 1942


$1,175.28


Interest on Arlington 5c Savings


Bank


63.82


1,239.10


$3,239.10


Payments


Paid Town for Disbursement


40.00


$3,199.10


Investments


Arlington 5c Savings Bank, Book 6977 $3,199.10


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


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


223


TRUST AND INVESTMENT FUNDS


ROBBINS LIBRARY ART FUND 1942


Fund, December 31, 1941 $25,000.00


Accumulated Income, December 31, 1941 18,388.51


$43,388.51


Interest on : Receipts


First National Bank Stock $400.00


U. S. Treasury 23/4% Bonds


412.50


U. S. Defense Bonds


62.50


Arlington 5c Savings Bank De-


posit


264.66


1,139.66


$44,528.17 .


Payments


Salary of Curator


$1,000.00


Various expenses, as per vouchers ..


214.59


Box Rent 10.00


1,224.59


$43,303.58


Investment Transactions in 1942


Investments, January 1, 1942


$43,388.51


Purchased 5,000 Series G, 21/2% De- fense Bonds 5,000.00


Deposited in Menotomy Trust Co.


Checking Account 275.41


$48,663.92


224


ARLINGTON TOWN REPORT


Withdrew from Arlington 5c Savings Bank 5,360.34


$43,303.58


Investments


U. S. 23/4% Treasury Bonds 56/59 $15,000.00


U. S. Defense Bonds 21/2% Series G 5,000.00


200 shares First National Bank Stock 9,560.00


Arlington 5c Savings Bank, Book 40412 13,216.99


Menotomy Trust Co. Checking Ac- count 526.59


$43,303.58


EDWARD H. KITTREDGE FREDERICK W. HILL M. HELEN TEELE SARAH R. VAUGHN FRANCIS KEEFE WILSON D. CLARK, Jr.


Trustees


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


-


TRUST AND INVESTMENT FUNDS


225


HENRY MOTT LIBRARY FUND 1942


Principal of Fund $5,200.00


Receipts


Interest on :


Arlington 5c Savings Bank Deposit 3.26


Jersey Central Power & Light Bonds 175.00


$5,378.26


Payments


Paid Town for Disbursement 178.26


$5,200.00


Investments


$5,000 Jersey Central Power & Light Bonds $5,125.00


Arlington 5c Savings Bank, Book


15101 75.00


$5,200.00


EDWARD H. KITTREDGE FREDERICK W. HILL M. HELEN TEELE SARAH R. VAUGHN FRANCIS KEEFE WILSON D. CLARK, Jr.


Trustees


J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant


226


ARLINGTON TOWN REPORT


TIMOTHY WELLINGTON LIBRARY FUND 1942


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


EDWARD H. KITTREDGE FREDERICK W. HILL M. HELEN TEELE SARAH R. VAUGHN FRANCIS KEEFE WILSON D. CLARK, Jr.




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