Town of Arlington annual report 1944, Part 10

Author: Arlington (Mass.)
Publication date: 1944
Publisher:
Number of Pages: 458


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Town Hall:


Personal Services


6,412.78


Fuel and Lighting


3,531.51


Repairs and other Maintenance


2,387.26


Maintenance of Grounds


3,536.79


Total General Government $118,992.96


Forward $118,992.96


180


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,337,035.55


PROTECTION OF PERSONS AND PROPERTY :


Police Department


Radio Service


$125.00


Sale of Autos


2,800.00


Miscellaneous


153.18


Dog Officer-Board of Dogs


594.00


Fire Dept. Miscellaneous ....


449.50


Sealer of Weights and


Measures


182.57


Total Protection of


Persons and Property ...


4,304.25


Forward $2,341,339.80


TOWN ACCOUNTANT'S REPORT


181


PAYMENTS


Forward $118,992.96


PROTECTION OF PERSONS AND PROPERTY :


Police:


Personal Services


$121,657.01


Equipment and Repairs


9,488.01


Fuel and Lighting


2,226.97


Maintenance Building and Grounds


805.64


Radio Equipment and Maintenance


312.78


Other Expenses


3,520.10


Fire :


Personal Services


126,681.04


Equipment and Repairs


9,048.19


Fuel and Lighting


3,265.79


Maintenance Building and Grounds


2,647.45


Other Expenses


1,378.96


Fire and Police Signal System:


Maintenance of Equipment


3,345.19


Other Expenses


103.96


Inspection :


Building Inspector :


Salary of Inspector


2,900.00


Other Personal Services


4,414.00


Board of Appeal Expense


258.93


Other Expenses


489.09


Wire Inspector:


Salary of Inspector


2,900.00


Expenses ....


452.52


Sealer of Weights and Measures:


Salary of Sealer


2,000.00


Expenses


287.96


Protection of Persons and


Property forward


$298,183.59


Forward $118,992.96


182


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,341,339.80


HEALTH AND SANITATION :


Health :


Contagious Diseases


$8,560.49


Dental Clinic


525.05


Rabies


126.30


Miscellaneous


.30


Health and Sanitation forward $9,212.14


Forward $2,341,339.80


183


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $118,992.96


Protection of Persons and


Property forward .... $298,183.59


FORESTRY :


Insect Pest Extermination :


Salary Superintendent


2,230.00


Other Personal Services


2,487.70


Expense


3,474.03


Planting and Trimming Trees:


Salary Tree Warden


400.00


Other Personal Services


4,196.61


Trees and Loam


800.00


Other Expenses


542.31


Dog Officer


1,292.83


Total Protection of Persons and Property ...... $313,607.07


HEALTH AND SANITATION:


Health :


Salary of Board


750.00


Other Personal Services


3,743.34


Office Maintenance and Expense


279.19


Auto Maintenance


540.04


Physicians Salary


300.00


Dental Clinic-Salary of Dentist.


1,600.00


Dental Clinic-Expense


124.27


Nurse and Dental Assistant


1,800.00


Bacteriologist-Salary


400.00


Laboratory and Dispensary Expense.


26.10


Contagious Diseases


10,878.67


County Hospital Assessment


17,781.23


Vital Statistics


255.75


INSPECTION :


School Nurse and Physician


7,013.51


Inspector of Animals


500.000


Milk Inspection Expense


289.00


Smoke Nuisance


590.72


Health and Sanitation forward


$46,871.82


Forward $432,600.03


184


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,341,339.80


Health and Sanitation forward


$9,212.14


SANITATION :


Sewers-Miscellaneous


241.19


Sale of Garbage


10,600.00


Removal of Ashes and


Rubbish


575.00


Total Health and Sanitation 20,628.33


HIGHWAYS:


From State-Chapter 569- Acts 1943


57,523.03


From State and County Chapter 90


2,000.00


Removal of Snow and Ice


134.64


Traffic Signals (Police)


5.20


Sidewalks


80.00


Street Lighting Refund


65.00


Miscellaneous


257.38


Total Highway


60,065.25


CHARITIES :


Welfare Aid-Individuals .... 193.16


Welfare Aid - Cities and Towns


1,775.78


Welfare Aid-State


7,066.01


Aid to Dependent Children- State


15,288.91


Aid to Dependent Children- Individuals 12.00


Old Age Assistance- Individuals


1,598.87


Old Age Assistance-Cities and Towns 3,525.98


Old Age Assistance-State ....


80,235.83


(Note-see U. S. Grants Receipts)


(Aid to Dependent Children $10,201.61) (Old Age Assistance 89,565.07) Total Charities 109,696.54


185


TOWN ACCOUNTANT'S REPORT


Forward $432,600.03


Health and Sanitation forward


$46,871.82


SANITATION :


Sewer Maintenance and Operation


8,100.01


Metropolitan Sewer Maintenance


23,487.97


Sewer Construction


6,191.77


Storm Drains


1,872.81


Refuse and Garbage Disposal


101,543.93


Street Cleaning


13,250.96


Total Health and Sanitation $201,319.27


HIGHWAYS:


General Administration-Salaries and


Expense


5,328.92


Maintenance Labor and Expense.


57,075.54


Equipment


4,900.00


Reconstruction of Streets


3,582.65


Sidewalks and Curbstones


18,133.59


Snow and Ice Removal


25,462.18


Street Lighting


50,420.27


Street Signs


4,353.97


Traffic Signals and Guides (Police)


5,423.39


Exterior Lines


2,015.49


Total Highways


176,696.00


CHARITIES:


Welfare:


General Administration Salaries and Expense


18,750.66


Aid


35,401.77


Town Physician


600.00


Visiting Nurses


2,000.00


Aid to Dependent Children:


General Administration-Salaries and Expense


1,922.45


Aid to Dependent Children


40,687.88


Old Age:


General Administration - Salaries and Expense 3,777.91


Assistance


198,340.86


Total Charities


301,481.53


VETERANS BENEFITS:


Soldiers Relief and Burials


6,119.22


State Aid


590.00


Military Aid


930.00


War Allowance


1,974.00


Hospital Care


165.00


Total Veterans' Benefits


9,778.22


Forward $1,121.875.05


186


ARLINGTON TOWN REPORT


RECEIPTS


VETERANS' BENEFITS :


From State-State Aid


510.00


From State-Military Aid


187.50


From State-War Allowance


1,740.13


From State-Burials


200.00


Total Veterans' Benefits 2,637.63


187


TOWN ACCOUNTANT'S REPORT


188


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,534,367.55


SCHOOLS:


Tuition of State Wards


$2,381.58


(Note-See Grants for School Purposes)


Local Tuition 949.12


Rental of School Rooms


398.50


Sale of Trade School Products


and Miscellaneous


939.82


Total Schools


4,669.02


Forward $2,539,036.57


189


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $1,121.875.05


SCHOOLS:


General Control :


Salary Superintendent


$5,750.00


Other Salariies


10,935.70


Expense


987.17


Instruction Services :


Teachers and others


447,517.18


Clerks to Principals


6,142.90


Expense


996.36


Supplies


28,119.39


Operation of Plant:


Janitors and Helpers .........


45,956.10


Material and Expense


44,435.77


Maintenance of Plant:


Repairman


11,083.33


Repairs and Replacements


14,570.73


Expense


1,779.20


Auxiliary Agencies :


Librarian


950.00


Expense


362.51


Capital Outlay :


Furnishings and Equipment


540.50


Instructional Apparatus


1,674.20


Remodeling and Construction


1,361.63


Miscellaneous


Roof Repairs


10.00


Cutter and Russell School Fund Income


243.41


Vocational Tuition-Other Cities and Towns


3,177.18


Vocational Tuition-George-Deen Fund


1,000.00


Total Schools 627,593.26


Forward $1,749.468.31


190


ARLINGTON TOWN REPORT


T


RECEIPTS


LIBRARIES :


Forward $2,539,036.57


Fines


$1,900.17 204.70


Miscellaneous


Total Libraries


.......


$2,104.87


RECREATION :


Miscellaneous


67.00


Total Recreation 67.00


-


Forward $2,539,036.57


191


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $1,749.468.31


LIBRARIES:


Personal Services


$21,478.35


Books and Periodicals


6,229.67


Bindery Expense


2,053.65


Fuel and Lighting


2,493.94


Building and Grounds


351.06


Telephone


220.30


Other Expenses


1,322.01


Library Trust Funds Income


13.67


Total Libraries


34,162.65


RECREATION :


Parks


Personal Services


13,462.30


Other Expense


3,710.74


State Assessment:


Metropolitan Parks Maintenance


10,894.82


Playgrounds :


Personal Services and Expense


6,811.73


Equipment and Improvements


25,903.75


CELEBRATIONS:


Patriots' Day


125.00


July 4th


10.00


Total Recreation 60,918.34


PENSIONS:


Various Departments :


Police


3,446.00


Fire


7,125.75


Public Works


4,107.48


Appropriation Paid to Retirement Fund


30,393.82


Appropriation to Teachers Retirement


Fund


1,674.51


Total Pensions 46,747.56


Forward $1,891,296.86


192


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,541,208.44


UNCLASSIFIED :


Menotomy Hall Rentals


$1,292.80


Rental other Town Property


192.00


Sale of Tax Title Posessions Property


2,913.00


Sale of Tin Cans, etc.


446.45


Rebates on Insurance Pre- mium


87.22


Boston Elevated Deficit


21,278.66


Symmes Hospital Claims Refunds


3,182.65


Miscellaneous


2.00


Total Unclassified


29,394.78


PUBLIC SERVICE ENTERPRISES :


Income from Sale of Water .. 191,393.20


Miscellaneous


1,516.56


House Connections


103.53


Total Public Service Enterprise 193,013.29 Forward $2,763,616.51


PAYMENTS-(See opposite page) Department


Article No. 5 Article No. 6


Salary Increase - Bonus


Finance Committee


$ 0.00


$ 39.00


Selectmen


573.24


288.65


Accountant


592.34


328.69


Treasurer


1,200.00


531.04


Assessors


800.00


387.11


Town Clerk


600.00


295.32


Elections and Town Meetings


200.00


104.00


Public Works


23,955.76


13,190.37


Engineer


1,399.68


738.83


Town Hall


594.16


353.02


Police


11,026.06


5,882.71


Fire


9,954.08


5,176.00


Building Inspector


550.00


311.68


Wire Inspector


200.00


104.00


Sealer of Weights


200.00


104.00


Moth and Tree Warden


1,174.80


721.15


Board of Health


454.26


423.80


Welfare


2,518.24


1,309.02


Schools


51,047.01


29,545.04


Library


2,249.90


1,302.09


Parks


962.29


841.36


Public Safety


160.86


126.81


Cemetery


2,366.61


1,230.98


$112,779.29


$63,334.67


193


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $1,891,296.86


UNCLASSIFIED


Damages to Persons and Property


1,825.00


Memorial Day


1,090.60


Town Clock Maintenance


26.52


Menotomy Hall Maintenance


3,157.66


Town Owned Houses Maintenance


1,536.34


Insurance


10,503.99


Workmen's Compensation


5,253.16


Printing Town Reports


816.00


Symmes Hospital Claims


2,914.74


Rental of Quarters-V.F.W.


400.00


Charles River Basin Maintenance


2,514.53


Metropolitan District Expense


141.40


Examination Retirement System


450.90


Preservation of Health and Protection of Persons and Property


3,198.96


Arlington Rationing Board


709.37


Conversion of Heating Systems


266.30


Improvement of Land-Medford St.


951.58


Hurricane Damage


4,060.83


W. P. A. Expense


200.00


*Salary and Wage Increase to Employees


112,779.29


*Special Compensation to Employees


(Bonus)


63,334.67


(*See detail on opposite page) Total Unclassified


216,131.84


PUBLIC SERVICE ENTERPRISES:


Water Maintenance and Operation:


Personal Services and Wages


39,260.81


Material and Expenses


21,176.75


Construction :


Personal Services and Wages


4,576.97


Material and Expense ..


3,710.85


State Assessment:


Metropolitan Water Maintenance


29,147.70


Total Public Service Enterprises 97,873.08


Forward $2,205,301.78


194


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,763,616.51


CEMETERIES :


Sale of Lots and Graves


$13,455.00


Care of Lots and Graves not


endowed


10,549.50


Interest on Endowed Lots


Funds


4,224.95


Miscellaneous


1,969.40


Total Cemeteries


30,198.85


INTEREST :


General Bank Deposiits


870.00


Deferred Taxes


3,861.65


Special Assessments


4,721.35


Sinking Funds


239.12


Investment Funds


2,683.33


Contributory Retirement Funds


4,876.95


Public Trust Funds :


Charity


262.73


Schools


1,195.62


Library


2,906.71


Cemetery-General Care


..


55.90


Total Interest


21,673.36


MUNICIPAL INDEBTEDNESS:


Accounts Payable


19,478.79


Total Municipal Indebtedness ....... .. 19,478.79


TRANSFER BY TOWN TO SPECIAL FUNDS:


Contributory Retirement


30,393.82


Total Transfer


30,393.82


Forward $2,865.361.33


195


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $2,205,301.78


CEMETERIES:


Superintendent Salary


$3,130.00


Other Personal Services


1,176.00


Wages


16,687.77


Office Maintenance


469.38


Other Maintenance and Supplies


2,444.90


Grading and Improvements


1,564.01


Miscellaneous


20.00


Total Cemeteries


25,492.06


INTEREST ON LOANS


Police Station


240.00


School Buildings


7,173.75


Parks


600:00


Metropolitan Requirements :


Sewers


4,817.32


Parks


1,255.29


Water


23,693.95


Charles River Basin


1,791.72


Total Interest


39,572.03


MUNICIPAL INDEBTEDNESS :


Loans on Bonds :


Police Station


2,000.00


School Buildings


58,000.00


Municipal Indebtedness forward


$60,000.00


Forward $2,270.365.87


196


ARLINGTON TOWN REPORT


RECEIPTS


Forward $2,865,361.33


AGENCY, TRUSTS AND INVESTMENTS:


Perpetual Care Funds . . . . .... $12,283.00


Public Trust Funds :


Securities Matured and Sold


192,800.29


Gain on Securities


894.44


Contributory Contributions


15,337.92


Bequest


56,081.54


Special Funds :


Special Service Deposits


786.46


Dog Licenses-County


3,983.40


Sporting Licenses-State ..


1,200.00


Withholding Tax


133,370.74


Total of Agency, Trusts and Invest- ment Transactions


416,737.79


CASH BALANCE JANUARY 1, 1944


General


738,369.61


Sinking and Special Funds


32,538.02


Perpetual Care Funds


108,345.88


Contributory Retirement Fund


105,137.70


Private Trust Funds


1,362.89


Contributory Retirement Funds


91,633.20


Total Cash Balance $1,077,387.30


Grand Total Receipts and Cash on Hand $4,359,486.42


197


TOWN ACCOUNTANT'S REPORT


PAYMENTS


Forward $2,270.365.87


Municipal Indebtedness Forward ....... $60,000.00


METROPOLITAN REQUIREMENTS:


Sewers


15,946.64


Parks


1,165.39


Water


31,622.40


Charles River Basin


143.43


Accounts Payable


7,978.08


Total Municipal Indebtedness 116,855.94


AGENCY AND TRUST INVESTMENT TRANSACTIONS:


Purchase of Securities


465,700.00


Trust Fund Reductions and Expense


1,967.45


Retirement Funds-Pensions Paid


16,836.44


Retirement Funds - Refunds and


Expenses


3,175.46


AGENCY AND TRUST TRANSACTIONS:


Agency :


State Tax


110,352.00


State Sporting Licenses


1,275.50


County Tax


70,586.16


County Dog Tax


3,985.20


Withholding Tax


133,370.74


Special Service Deposits Refunded


157.20


Special Service Deposits Transferred to Income


591.88


Tailings-Previous Years


25.50


Total Agency and Trust Transactions ... 808,023.53


CASH BALANCE DECEMBER 31, 1944


General


983,822.31


Sinking and Special Funds


24,289.82


Perpetual Care ..


49,797.33


Other Public Trust Funds


64,291.84


Private Trust Funds


1,809.79


Contributory Retirement Funds


40,229.99


Total Cash Balance


1,164,241.08


Grand Total Payments and Cash on Hand $4,359,486.42


198


ARLINGTON TOWN REPORT


BORROWING CAPACITY


Assessors Valuation


December 31, 1944:


1942 Tax $58,038,979.00


1943 Tax 56,982,274.00


1944 Tax


56,857.913.00


$171,879,166.00


Average Valuation


57,293,055.00


3% of Average Valuation $1,718,791.00


Town Debt


December 31, 1944 $141,000.00


Less Loans Exempt Park 15,000.00 126,000.00


Borrowing Capacity December 31, 1944


$1,592,791.00


199


TRUST AND INVESTMENT FUNDS


SINKING FUND


1944


Receipts


Fund, December 31, 1943 $14,144.24


Interest on :


Arlington 5c Savings Bank 182.47


Suffolk Savings Bank


56.65


$ 14,383.36


Investments


Arlington 5c Savings Bank, Book


14554 10,564.69


Suffolk Savings Bank, Book 566019


3,818.67


$ 14,383.36


HARRIE H. DADMUN ROY B. CROSBY HAROLD A. YEAMES


Commissioners


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant


200


ARLINGTON TOWN REPORT


MUNICIPAL BUILDINGS INSURANCE FUND 1944


Fund and Accumulated Income, January 1,


1944


$ 88,462.86


Receipts


Interest on :


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


54.40


U. S. Treas. 21/4% Bonds 59/56 278.16


U. S. Treas. 2% Bonds 52/50 400.00


U. S. Treas. 2% Bonds 54/52 59.29


U. S. Treas. 17/8% Bonds 1944


13.87


U. S. Treas. 13/4% Bonds 1948


475.37


Arlington 5c Savings Bank


39.89


1,320.98


Premium on Sale of Bonds 494.44


U. S. Savings Bonds Increased 400.00


Appropriated at Annual Town Meeting


10,000.00


100,678.28


Payments


Box Rent 10.00


Interest Paid at purchase of bonds 1.93


11.93


Fund December 31, 1944 100,666.35


INVESTMENT TRANSACTIONS IN 1944


Investments, January 1, 1944 88,462.86


Purchased 20M U. S. Treas. 21/4% Bonds, 59/56 20,000.00


Purchased 7M U. S. Treas. 2% Bonds, 54/52 7,000.00


Purchased 25M U. S. Treas. 2% Bonds, 54/52 25,000.00


Purchased 10M Series F Savings Bonds 7,400.00


201


TRUST AND INVESTMENT FUNDS


U. S. Savings Bonds increased, April 1939 200.00


U. S. Savings Bonds increased, January 1940


200.00


$148,262.86


Sold 5M U. S. Treas. 17/8% Bonds, 1944


5,000.00


Sold 6M U. S. Treas. 21/2% Bonds, 54/52


6,000.00


Sold 7M U. S. Treas. 2% Bonds 54/52 7,000.00


Sold 18M U. S. Treas. 13/4% Bonds, 1948


18,000.00


Withdrew from Arlington 5c Savings Bank 11,596.51


47,596.51


$100,666.35


Investments


U. S. Treas. 2% Bonds, 52/50 20,000.00


U. S. Treas. 13/4% Bonds, 1948 10,000.00


U. S. Treas. 21/4% Bonds, 59/56 20,000.00


U. S. Treas. 2% Bonds, 54/52 25,000.00


U. S. Treas. Savings Bonds 1949


8,500.00


U. S. Treas. Savings Bonds 1950 8,300.00


U. S. Treas. Savings Bonds 1954 7,400.00


Arlington 5c Savings Bank, Book 40412 1,466.35


$100,666.35


HARRIE H. DADMUN ROY B. CROSBY HAROLD A. YEAMES Commissioners


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant


202


ARLINGTON TOWN REPORT


WORKMEN'S COMPENSATION FUND


1944


Principal of Fund and Accumulated Income January 1, 1944 $4,724.89


Receipts


Appropriation at Annual Town Meeting $7,000.00


Interest on :


Arlington 5c Savings Bank $17.50


Menotomy Trust Company, Sav-


ings Department 22.29


7,039.79


$11,764.68


Payments


Paid Town for disbursement


5,253.16


$6,511.52


Investments


Arlington 5c Savings Bank, Book 65361


$1,764.34


Menotomy Trust Company Savings


Department, Book 1686 4,747.18


$6,511.52


HARRIE H. DADMUN ROY B. CROSBY HAROLD A. YEAMES Commissioners


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant


203


TRUST AND INVESTMENT FUNDS


CONTRIBUTORY RETIREMENT SYSTEM


1944


Balance January 1, 1944


$189.633.20


Contributions ..


15,337.92


Interest on Bank deposits


1,307.46


Interest on investments


3,569.49


Appropriation


30,393.82


$240,241.89


Expenditures


Pensions


16,836.44


Refunds


2,293.47


Expenses


20,011.90


Balance December 31, 1944 Investments


Chelsea Savings Bank


4,489.76


Danvers Savings Bank


1,190.66


Lynn Institution for Savings


1,094.10


Malden Savings Bank


9,368.73


Mechanics Savings Bank


2,183.28


Natick 5c Savings Bank


1,107.70


Stoneham 5c Savings Bank


3,194.20


Wakefield Savings Bank


102.47


Warren 5c Savings Bank


7,933.87


Watertown Savings Bank


3,450.19


Whitman Savings Bank


4,341.85


Winchendon Savings Bank


537.29


Menotomy Trust Co.


Checking Account


1,235.89


$40,229.99


Securities :


Paid up Certificate Pittsfield Coop. Bank U. S. Treas. 21/2% registered bonds 67/72


5,000.00


U. S. Treas. 21/2% registered bonds Series G


10,000.00


U. S. Treas. 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 63/68 ..


16,000.00


U. S. Treas. 21/2% coupon bonds 64/69 ..


30,000.00


U. S. Treas. 21/2% coupon bonds 70/65 ..


32,000.00


U. S. Treas. 21/2% registered bonds Series G


50,000.00


180,000.00


$220,229.99


881.99


$220,229.99


$38,994.10


$2,000.00


204


ARLINGTON TOWN REPORT


INVESTMENT TRANSACTIONS


Purchase


February 1, 1944


Subscribed for U. S. Treas. 21/2% coupon


bonds 70/65


32,000.00


Subscribed for U. S. Treas. 21/2% regis-


tered bonds Series G


50,000.00


$82,000.00


SUMMARY OF MEMBERSHIP ACTIVITY


1937 to 1943


1944


Total


Entrants


299


15


314


Deaths


10


3


13


Withdrawals


56


9


65


Retirements


34


4


38


Active Members as of


December 31


Male


146


143


143


Female


55


60


60


Members on Retirement


December 31


24


25


25


Amount of Retirement


1937 to 1943


1944


Total


Allowances in Effect as of


December 31, 1944


$16,603.92


CLARENCE NEEDHAM HAROLD A. CAHALIN ARTHUR F. WELLS Contributory Retirement Board.


EDWARD A. BAILEY, Acting Treasurer-Collector. CLARENCE NEEDHAM, Accountant.


$67,315.83 $16,836.44


$84,152.27


Allowances Paid


205


TRUST AND INVESTMENT FUNDS


PERPETUAL CARE FUND


1944


Fund, January 1, 1944


$188,341.00


Received for Perpetual Care of Lots


12,283.00


$200,624.00


Income Account


Balance of Income, January 1, 1944 14,656.48


$215,280.48


Interest on :


West End Ry. Bonds 51/2%. .......


125.00


Pacific Gas and Electric Bonds 3% 150.00


U. S. Treasury 27/8% Bonds 55/60 143.75


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,


63/68


750.00


U. S. Treasury 21/2% Bonds,


64/69


156.08


U. S. Treasury 21/2% Bonds,


65/70


1,158.98


U. S. Treasury 21/2% Bonds,


67/72


157.50


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


625.00


First National Bank stock


200.00


National Shawmut Bank stock


200.00


Boston 5c Savings Bank


98.09


Provident Institution for Savings


51.78


Menotomy Trust Company Sav- ings Department 18.48


Arlington 5c Savings Bank


181.12


4,200.78


$219,481.26


206


ARLINGTON TOWN REPORT


Payments


Box rent


7.50


Menotomy Trust Company for collec-


tion of West End Ry. Bonds called 1.00


Paid Town for Disbursements


4,100.00


4,108.50


Fund and Accumulated Income, December 31, 1944 $215,372.76


Investment Transactions in 1944


Investments, January 1, 1944 $202,997.48


Purchased 75M U. S. Treasury 21/2% Bonds 65/70


75,000.00


Deposited in Provident Institution for Savings


51.78


Deposited in Boston 5c Savings Bank


98.09


Deposited in Menotomy Trust Com- pany Savings Department 5,018.48


Deposited in Arlington 5c Sav- ings Bank 16,315.43


96,483.78


$299,481.26


Sold West End Ry. Bonds (called) Withdrew from Menotomy Trust Co. Withdrew from Arlington 5c Sav- ings Bank 79,100.00


5,000.00


8.50


84,108.50


$215,372.76


207


TRUST AND INVESTMENT FUNDS


Investments


U. S. Treasury 21/2% Bonds, 64/69 5,000.00


U. S. Treasury 21/2% Bonds, 56/58 2,400.00


U. S. Treasury 27/8% Bonds, 55/60 5,000.00


U. S. Treasury 21/2% Bonds, 67/72 6,300.00


U. S. Treasury 21/2% Bonds, 63/68 30,000.00


U. S. Treasury 21/2% Bonds, 65/70 75,000.00


U. S. Treasury 21/2% Bonds, 52/54 5,000.00 U. S. Treasury Series G Bonds 21/2% 25,000.00 Pacific Gas and Electric Light Bonds 3% 1970


5,000.00


100 shares First National Bank stock


4,175.00


200 shares National Shawmut Bank Stock


5,000.00


Arlington 5c Savings Bank, Book 8982


33,683.48


Menotomy Trust Company Savings Dept., Book 1681


6,207.55


Boston 5c Savings Bank, Book


1039471


4,978.35


Provident Institution for Savings Book 603700


2,628.38


$215,372.76


J. EDWIN KIMBALL RALPH S. STEVENS SYLVESTER A. KEANEY Cemetery Commissioners


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant


208


ARLINGTON TOWN REPORT


SAMUEL C. BUCKNAM CEMETERY FUND


1944


Principal of Fund


$2,000.00


Income Account


Balance, January 1, 1944 28.07


Interest on Arlington 5c Savings


Bank


15.21


43.28


$2,043.28


Payments


Paid Town for disbursement 15.21


Fund and Accumulated Income


$2,028.07


Investments


Arlington 5c Savings Bank, Book


12248


$2,028.07


J. EDWIN KIMBALL RALPH S. STEVENS SYLVESTER A. KEANEY Cemetery Commissioners


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant


TRUST AND INVESTMENT FUNDS


209


ROBBINS CEMETERY FUND


1944


Fund, January 1, 1944


$5,000.00


Accumulated Income 425.14


$5,425.14


Receipts


Interest on Arlington 5c Savings Bank


40.69


$5,465.83


Payments


Paid Town for disbursement


40.69


$5,425.14


Investment


Arlington 5c Savings Bank, Book 6758 $5,425.14


J. EDWIN KIMBALL RALPH S. STEVENS SYLVESTER A. KEANEY Cemetery Commissioners


EDWARD A. BAILEY, Treasurer CLARENCE NEEDHAM, Accountant


7


210


ARLINGTON TOWN REPORT


SOLDIERS' MONUMENT FUND


1944


Permanent Fund


$2,000.00


Income Account


Balance, January 1, 1944


$1,223.40


Interest on Arlington 5c Savings


Bank


24.17


1,247.57


$3,247.57


Payments


Paid Town for Disbursements


948.00


$2,299.57


Investments


Arlington 5c Savings Bank, Book 6977


$2,299.57


J. EDWIN KIMBALL RALPH S. STEVENS SYLVESTER A. KEANEY Cemetery Commissioners.


EDWARD A. BAILEY, Acting Treasurer CLARENCE NEEDHAM, Accountant.


211


TRUST AND INVESTMENT FUNDS


ROBBINS LIBRARY ART FUND


1944


Fund, December 31, 1943


$25,000.00


Accumulated Income 18,353.87


$43,353.87


Receipts


Interest on :


First National Bank Stock 400.00


U. S. Treasury 2 3/4% Bonds, 59/56 412.50


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


125.00


Arlington 5c Savings Bank


100.40


1,037.90


$44,391.77


,


Payments


Salary of Curator


1,000.00


Various expenses


140.73


1,140.73


$43,251.04


Investment Transactions in 1944


Withdrew from Arlington 5c Sav- ings Bank 10,000.00


Purchased U. S. Treasury Series G Bonds, 21/2% 10,000.00


212


ARLINGTON TOWN REPORT


Investments


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


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


U. S. Treasury Bonds, Series G 21/2% 10,000.00


200 Shares First National Bank Stock


9,560.00


Arlington 5c Savings Bank, Book 20095 3,457.10


Menotomy Trust Company Checking Account 233.94


$43,251.04


WILSON D. CLARK, Jr. FRANCIS KEEFE SARAH R. VAUGHN M. HELEN TEELE ARTHUR W. GLINES EDMUND L. FROST


Trustees.


EDWARD A. BAILEY, Acting Treasurer. CLARENCE NEEDHAM, Accountant.


-


213


TRUST AND INVESTMENT FUNDS


HENRY MOTT LIBRARY FUND


1944


Principal of Fund $5,200.00


Receipts


Interest on :


Jersey Central Power & Light


Bonds


175.00


Arlington 5c Savings Bank


1.94


176.94


$5,376.94


Payments


Paid Town for disbursement .......... 176.94


$5,200.00


Investments


Five Jersey Central Power & Light Bonds 31/2% 1965 5,000.00


Arlington 5c Savings Bank, Book 15101 200.00


$5,200.00


WILSON D. CLARK, Jr. FRANCIS KEEFE SARAH R. VAUGHN M. HELEN TEELE ARTHUR W. GLINES EDMUND L. FROST


Trustees.


EDWARD A. BAILEY, Acting Treasurer. CLARENCE NEEDHAM, Accountant.


214


ARLINGTON TOWN REPORT


TIMOTHY WELLINGTON LIBRARY FUND


1944


Principal of Fund $100.00


Receipts


Interest on Arlington 5c Savings Bank .75


$100.75


Payments


Paid Town for Disbursement .75


$100.00


Investment


Arlington 5c Savings Bank, Book 15103 $100.00


WILSON D. CLARK, Jr. FRANCIS KEEFE SARAH R. VAUGHN M. HELEN TEELE ARTHUR W. GLINES EDMUND L. FROST


Trustees.


EDWARD A. BAILEY, Acting Treasurer. CLARENCE NEEDHAM, Accountant.


215


TRUST AND INVESTMENT FUNDS


DEXTER RAWSON FAY LIBRARY FUND 1944


Principal of Fund


$1,741.60


Receipts


Interest on :


Arlington 5c Savings Bank 1.13


Arlington Co-operative Bank


shares


48.00


49.13


$1,790.73


Payments


Paid Town for disbursement


49.13


$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


WILSON D. CLARK, Jr. FRANCIS KEEFE SARAH R. VAUGHN M. HELEN TEELE ARTHUR W. GLINES EDMUND L. FROST




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