USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1945 > Part 13
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226
ARLINGTON TOWN REPORT
MUNICIPAL BUILDINGS INSURANCE FUND 1945
Fund and Accumulated Income, January 1,
1945 $100,666.35
Receipts
Interest on:
U. S. Treasury 21/4% Bonds 56/59 $336.28
U. S. Treasury 2% Bonds 50/52
400.00
U. S. Treasury 2% Bonds 52/54 519.13
U. S. Treasury 13/4% Bonds 1948
87.02
U. S. Treasury 21/4% Bonds 59/62
302.88
Arlington 5c Savings Bank
18.18
$1,663.49
Premium on sale of bonds
781.26
U. S. Savings Bonds increased
450.00
2,894.75
$103,561.10
Payments
Box rent
$10.00
Interest paid at purchase of bonds .... 25.93
35.93
Fund, December 31, 1945
$103,525.17
INVESTMENT TRANSACTIONS IN 1945
Investments, January 1, 1945 $100,666.35 Purchased 25M U. S. Treasury 21/4% Bonds 59/62 25,000.00
U. S. Savings Bonds Series D 1939 increased 200.00
227
TRUST AND INVESTMENT FUNDS
U. S. Savings Bonds Series D 1940 increased 200.00 U. S. Savings Bonds Series F 1944 increased 50.00
Deposited in Arlington 5c Savings Bank 7,408.82
$133,525.17
Sold 20M U. S. Treasury 21/4% Bonds 56/59 $20,000.00
Sold 10M U. S. Treasury 13/4% Bonds 1948 10,000.00
30,000.00
$103,525.17
Investments
U. S. Treasury 2% Bonds 52/50 .... $20,000.00
U. S. Treasury 2% Bonds 54/52 .... 25,000.00 U. S. Treasury 21/4% Bonds 62/59 .... 25,000.00 U. S. Savings Bonds maturing 1949 .... 8,700.00
U. S. Savings Bonds maturing 1950 .... 8,500.00
U. S. Savings Bonds maturing 1956 .... 7,450.00
Arlington 5c Savings Bank, Book 40412 8,875.17
$103,525.17
HARRIE H. DADMUN, ROY B. CROSBY, HAROLD A. YEAMES, Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
228
ARLINGTON TOWN REPORT
WORKMEN'S COMPENSATION FUND 1945
Principal of Fund and Accumulated Income, January 1, 1945 $6,511.52
Receipts
Appropriation at Annual Town Meeting $7,000.00
Interest on :
Menotomy Trust Co., Savings De-
partment
23.74
Arlington 5c Savings Bank
113.57
7,137.31
$13,648.83
Payments
Paid Town for disbursement
7,143.30
$6,505.53
Investment Transactions in 1945 Transferred funds from Menotomy Trust Com- pany, Savings Department to Arlington 5c Savings Bank
Investment
Arlington 5c Savings Bank, Book 65361 $6,505.53
HARRIE H. DADMUN, ROY B. CROSBY, HAROLD A. YEAMES,
Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
229
TRUST AND INVESTMENT FUNDS
CONTRIBUTORY RETIREMENT SYSTEM
1945
Balance January 1, 1945
$220,229.99
Contributions
16,107.21
Interest on bank deposits
559.05
Interest on investments
4,919.00
Profit on sale and purchase of investments
1,400.93
Appropriation
34,749.99
$ 277,966.17
Expenditures
Pensions
$ 19,443.00
Refunds
3,187.64
Expenses
837.17
Accured Interest on Investments
22.24
23,490.05
Balance December 31, 1945
$ 254,476.12
Investments
Chelsea Savings Bank
$ 4,579.99
Danvers Savings Bank
1,220.60
Malden Savings Bank
3,153.29
Watertown Savings Bank
3,519.53
Whitman Savings Bank
4,429.11
$ 16,902.52
Menotomy Trust Co. Checking Account. ..... 2,573.60
19,476.12
Securities :
Paid up Certificate Pittsfield Coop. Bank $ 2,000.00
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
10,000.00
U. S. Treas. 21/2% registered bonds 62/67
25,000.00
U. S. Treas. 21/2% coupon bonds 70/65 .... U. S. Treas. 21/2% registered bonds Series G
50,000.00
U. S. Treas. 21/2% coupon bonds 71/66 76,000.00 U. S. Treas. 21/2% coupon bonds 72/67
55,000.00
Series G
2,000.00
235,000.00
$254,476.12
230
- ARLINGTON TOWN REPORT
INVESTMENT TRANSACTIONS
Purchases
February 2, 1945
Subscribed for U. S. Treas. 21/2% coupon bonds 71/66 $ 76,000.00 April 3, 1945
Subscribed for U. S. Treas. 7/8% C. I. coupon bonds 9/1/1945 33,000.00
June 19, 1945
Subscribed for U. S. Treas. 21/2% coupon bonds 72/67
49,000.00
August 31, 1945 Subscribed for U. S. Treas. 21/2% coupon bonds 72/67 55,000.00
$ 213,000.00
INVESTMENT TRANSACTIONS
Sales
February 2, 1945
Sold U. S. Treas. 21/2% coupon bonds 70/65 $ 30,000.00
Sold U. S. Treas. 21/2% coupon bonds 63/68.
16,000.00
Sold U. S. Treas. 21/2% coupon bonds 69/64. 30,000.00
June 19, 1945
Sold U. S. Treas. 7/8% C. I. coupon bonds 9/1/1945
33,000.00
August 31, 1945
Sold U. S. Treas. 21/2% coupon bonds 72/67 ... 49,000,00
$ 158,000.00
SUMMARY OF MEMBERSHIP ACTIVITY
1937 to 1941
1945
Total
Entrants
314
16
330
Deaths
13
1
14
Withdrawals
65
8
73
Retirements
38
7
45
Active Members as of
December 31
Male
143
141
141
Female
60
62
62
Members on Retirement December 31
25
31
31
Amount of Retirement Allowances paid
$ 84,152.27
$ 19,443.00 $ 103,595.27
Allowances in Effect as of
December 31, 1945
$ 21,521.40
CLARENCE NEEDHAM HAROLD A. CAHALIN
ARTHUR F. WELLS Contributory Retirement Board
J. WILBERT ANDERSON, Treasurer-Collector CLARENCE NEEDHAM, Accountant
231
TRUST AND INVESTMENT FUNDS
PERPETUAL CARE FUND 1945
Fund, January 1, 1945
$200,624.00
Received for Perpetual Care of Lots 12,796.00
$213,419.00
Income Account
Balance of Income, January 1, 1945
14,748.76
$228,167.76
Receipts
Interest on:
U. S. Treasury Series G Bonds 21/2%
$625.00
U. S. Treasury 21/2% Bonds, 52/54 125.00
U. S. Treasury 21/2% Bonds, 66/71
492.05
U. S. Treasury 21/2% Bonds, 56/58
60.00
U. S. Treasury 21/2% Bonds, 67/72
157.50
U. S. Treasury 21/2% Bonds, 55/60
143.75
U. S. Treasury 21/2% Bonds, 65/70
1,875.00
U. S. Treasury 21/2% Bonds, 64/69
125.00
U. S. Treasury 21/2% Bonds, 63/68
750.00
Pacific Gas & Electric Bonds 51/2%
150.00
First National Bank Stock
200.00
National Shawmut Bank Stock
200.00
Boston 5c Savings Bank
100.06
Provident Institution for Savings .. 52.82
Menotomy Trust Co., Savings Dept. 62.23
Arlington 5c Savings Bank
332.29
5,450.70
$233,618.46
232
ARLINGTON TOWN REPORT
Payments
Box rent
$7.50
Interest paid at purchase of bonds ... 56.93
Paid Town for disbursement
5,300.00
5,364.43
Fund and Accumulated Income, December 31, 1945
$228,254.03'
Investments, January 1, 1945
$215,372.76
Purchased 75M U. S. Treasury 21/2% 66/71 $25,000.00
Purchased 21M U. S. Treasury 21/2% Series G
21,000.00
Deposited in Boston 5c Savings Bank 100.06
Deposited in Provident Institution for Savings 52.82
Deposited in Menotomy Trust, Sav- ings Dept. 62.23
Deposited in Arlington 5c Savings Bank 18,030.59
64,245.70
$279,618.46
Withdrew from Menotomy Trust Co. $6,007.50 Withdrew from Arlington 5c Savings Bank 45,356.93
51,364.43
$228,254.03
233
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 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 21/2% Bonds, 66/71 ....
25,000.00
U. S. Treasury 27/8% Bonds, 55/60 .... 5,000.00
U. S. Treasury Series G Bonds 21/2% 25,000.00 U. S. Treasury Series G Bonds 21/2% 21,000.00
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 Menotomy Trust Company, Savings Dept., Book 1681 262.28
6,357.14
Provident Institution for Savings, Book 603799
2,681.20
Boston 5c Savings Bank, Book
1039471
5,078.41
$228,254.03
RALPH S. STEVENS, SYLVESTER A. KEANEY, J. EDWIN KIMBALL, Cemetery Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
234
ARLINGTON TOWN REPORT
SAMUEL C. BUCKNAM CEMETERY FUND 1945
Principal of Fund $2,000.00 ....
Income Account
Balance, January 1, 1945
$28.07
Interest on :
Series G Bonds
25.00
Arlington 5c Savings Bank
15.64
68.71
$2,068.71
Payments
Paid Town for disbursement
40.64
Fund and Accumulated Income $2,028.07 Investment Transaction in 1945
Withdrew $2,000 from Arlington 5c Savings Bank to purchase Series G Bonds
Investments
Series G Bonds 21/2%
$2,000.00
Arlington 5c Savings Bank, Book 12248 28.07
$2,028.07
RALPH S. STEVENS, SYLVESTER A. KEANEY, J. EDWIN KIMBALL, Cemetery Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
235
TRUST AND INVESTMENT FUNDS
ROBBINS CEMETERY FUND
1945
Fund, January 1, 1945
$5,000.00
Accumulated Income
425.14
$5,425.14
Receipts
Interest on:
Series G Bonds
$62.50
Arlington 5c Savings Bank
44.49
106.99
$5,532.13
Payments
Paid Town for disbursement
106.99
Fund and accumulated income $ 5,425.14
Investment Transaction in 1945
Withdrew $5,000.00 from Arlington 5c
Savings Bank to purchase Series G Bonds
Investments
Series G Bonds 21/2%
$5,000.00
Arlington 5c Savings Bank, Book
6758
425.14
$5,425.14
RALPH S. STEVENS, SYLVESTER A. KEANEY, J. EDWIN KIMBALL, Cemetery Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
236
ARLINGTON TOWN REPORT
SOLDIERS' MONUMENT FUND 1945
Permanent Fund
$2,000.00
Income Account
Balance, January 1, 1945
$299.57
Interest on:
Series G Bonds
25.00
Arlington 5c Savings Bank
26.77
351.34
$2,351.34
Payments
Paid Town for disbursement
....... 40.00
. . .
...
$2,311.34 Investment Transaction in 1945
Withdrew $2,000.00 from Arlington 5c
Savings Bank to purchase Series G Bonds
Investments
Series G Bonds 21/2%
$2,000.00
Arlington 5c Savings Bank, Book
6977 311.34
$2,311.34
RALPH S. STEVENS. SYLVESTER A. KEANEY, J. EDWIN KIMBALL, Cemetery Commissioners.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
237
TRUST AND INVESTMENT FUNDS
ROBBINS LIBRARY ART FUND
1945
Fund, December 31, 1944 $25,000.00
Accumulated income $18,251.04
Receipts
Interest on:
U. S. Treasury 23/4% Bonds, 56/59 $412.50
U. S. Treasury Series G Bonds
375.00
First National Bank stock 400.00
Arlington 5c Savings Bank 51.98
1,239.48
$19,490.52
Payments
Box rent
$10.00
Salary of Curator
1,000.00
Expenses
115.89
1,125.89
Net Accumulated Income, December 31, 1945 18,364.63 Fund and Accumulated Income, Dec. 31, 1945 $43,364.63
238
ARLINGTON TOWN REPORT
Investments
U. S. Treasury 23/4% Bonds, 56/59 .... $15,000.00 U. S. Treasury Series G Bonds 21/2% 15,000.00 200 shares First National Bank stock 9,560.00 Menotomy Trust Co., Checking Ac- count 108.05
Arlington 5c Savings Bank, Book 20095 3,696.58 -
$43,364.63
WILSON D. CLARK, Jr., M. HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
239
TRUST AND INVESTMENT FUNDS
HENRY MOTT LIBRARY FUND
1945
Principal of Fund $5,200.00 ...
Receipts
Interest on:
Jersey Central Power & Light
Bonds
$175.00
Arlington 5c Savings Bank
4.44
179.44
$5,379.44
Payments
Paid Town for disbursement
179.44
$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., M. HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
240
ARLINGTON TOWN REPORT
TIMOTHY WELLINGTON LIBRARY FUND
1945
Principal of Fund
$100.00
Receipts
Interest on Arlington 5c Savings Bank 1.50
$101.50
Payments
Paid Town for disbursement
1.50
$100.00
Investments
Arlington 5c Savings Bank, Book 15103 100.00
WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer.
CLARENCE NEEDHAM, Accountant.
241
TRUST AND INVESTMENT FUNDS
DEXTER RAWSON FAY LIBRARY FUND
1945
Principal of Fund $1,741.60
Receipts
Interest on:
Arlington Co-operative Bank shares $48.00
Arlington 5c Savings Bank 2.46
50.46
$1,792.06
Payments
Paid Town for disbursement 50.46
$1,741.60
Investments
Eight matured shares, 3%, Arlington Co-operative Bank $1,600.00
Arlington 5c Savings Bank, Book 51672 141.60
$1,741.60
WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN, EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
242
ARLINGTON TOWN REPORT
E. NELSON BLAKE LIBRARY FUND
1945
Principal of Fund $4,000.00
Gain of Capital Assets . 696.57
$4,696.57
Receipts
Interest on Series G Bonds
$100.00
Interest on Arlington 5c Savings Bank 11.06
111.06
$4,807.63
Payments
Paid Town for disbursements
111.06
$4,696.57
Investments
Series G Bonds 21/2%
$4,000.00
Arlington 5c Savings Bank, Book
52201 696.57
$4,696.57
WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY, Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
243
TRUST AND INVESTMENT FUNDS
ELLEN W. HODGDON LIBRARY FUND 1945
Principal of Fund $1,000.00
Receipts
Interest on:
Series G Bonds 21/2%
$25.00
Arlington 5c Savings Bank .13
25.13
$1,025.13
Payments
Paid Town for disbursement 25.13
$1,000.00
Investments
Series G Bonds 21/2% $1,000.00
WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant. 1
244
ARLINGTON TOWN REPORT
CHILDREN'S BOOK FUND
1945
Principal of Fund
$5,000.00
Gain of Capital Assets
400.00
$5,400.00
Receipts
Interest on:
First National Bank stock
$250.00
Arlington 5c Savings Bank 9.31
259.31
$5,659.31
Payments
Paid Town for disbursement 259.31
$5,400.00
Investments
125 shares First National Bank stock $4,950.00 Arlington 5c Savings Bank, Book 57012 450.00
$5,400.00
WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY, Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
245
TRUST AND INVESTMENT FUNDS
FRANCIS E. THOMPSON LIBRARY FUND
1945
Principal of Fund
$8,181.54
Receipts
Interest on:
Series G Bonds 21/2%
$150.00 ...
Arlington 5c Savings Bank
24.03
174.03
$8,355.57
Payment
Paid Town for disbursement 174.03
$8,181.54
Investments
Series G Bonds 21/2%
$6,000.00
Arlington 5c Savings Bank, Book
64753 2,181.54
$8,181.54 WILSON D. CLARK, Jr., MARY HELEN TEELE, FRANCIS KEEFE, SARAH R. VAUGHN,
EDMUND L. FROST, WARREN A. SEAVEY,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
246
ARLINGTON TOWN REPORT
NATHAN PRATT HIGH SCHOOL FUND
1945
Principal of Fund $25,000.00
Receipts
Interest on:
Series G Bonds
$400.00
N.Y., N.H. & H.R.R. Bonds
520.00
Arlington 5c Savings Bank 44.75
964.75
$25,964.75
Investment Transactions in 1945
Investments, January 1, 1945
$25,000.00
Sold N.Y., N.H. & H.R.R.
Bonds
$8,886.47
Withdrew from Arlington
5c Savings Bank 2,628.78
11,515.25
$13,484.75
Purchased Series G Bonds $11,000.00
Purchased Series F Bonds 1,480.00
· 12,480.00
$25,964.75
Unexpended balance to restore prin-
cipal
964.75
$25,000.00
247
TRUST AND INVESTMENT FUNDS
Investments
Series G Bonds
$23,000.00
Series F Bonds
1,480.00
Arlington 5c Savings Bank, Book 40413 107.24
Principal deficit to be made up from
future income 412.76
$25,000.00
HARRIE H. DADMUN,
HAROLD A. YEAMES,
SHERMAN H. PEPPARD,
ERNEST H. FREEMAN,
EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer.
CLARENCE NEEDHAM, Accountant.
248
ARLINGTON TOWN REPORT
NATHAN PRATT POOR WIDOWS' FUND 1945
Principal of Fund $5,000.00
Receipts
Interest on:
Series G Bonds
$100.00
Arlington 5c Savings Bank
15.88
115.88
$5,115.88
Payments
Paid Town for disbursement 115.88
$5,000.00
Investment Transactions in 1945
Investments, January 1, 1945
$5,000.00
Withdrew from Arlington 5c Sav- ings Bank 1,000.00
$4,000.00
Purchased Series G Bond
1,000.00
$5,000.00
Investments
Series G Bonds 21/2%
$2,000.00
Series G Bonds 21/2%
2,000.00
Series G Bond 21/2%
1,000.00
$5,000.00
HARRIE H. DADMUN,
HAROLD A. YEAMES,
SHERMAN H. PEPPARD,
ERNEST H. FREEMAN, EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
249
TRUST AND INVESTMENT FUNDS
NATHAN PRATT LIBRARY FUND
1945
Principal of Fund
$10,000.00
Receipts
Interest on:
Series G Bonds
$175.00
Arlington 5c Savings Bank
46.80
221.80
$10,221.80
Payments
Paid for box rent
$10.00
Paid Town for disbursement
211.80
221.80
$10,000.00
Investment Transactions in 1945
Investments, January 1, 1945. $10,000.00
Withdrew from Arlington 5c Sav- ings Bank
3,000.00
$7,000.00
Purchased Series G Bonds 21/2% .. 3,000.00
$10,000.00
Investments
Series G Bonds 21/2% $10,000.00 HARRIE H. DADMUN, HAROLD A. YEAMES,
ERNEST H. FREEMAN,
SHERMAN H. PEPPARD, EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
250
ARLINGTON TOWN REPORT
E. S. FARMER POOR WIDOWS' FUND 1945
Principal of Fund $5,000.00
Receipts
Interest on:
Series G Bonds
$100.00
Arlington 5c Savings Bank
15.88
115.88
$5,115.88
Payments
Paid Town for disbursements
115.88
$5,000.00
Investment Transactions in 1945
Investments, January 1, 1945
$5,000.00
Withdrew from Arlington 5c Sav- ings Bank 1,000.00
$4,000.00
Purchased Series G Bond
1,000.00
$5,000.00
Investments
Series G Bonds 21/2%
$2,000.00
Series G Bond 21/2%
2,000.00
Series G Bond 21/2%
1,000.00
$5,000.00
HARRIE H. DADMUN, HAROLD A. YEAMES,
SHERMAN H. PEPPARD,
ERNEST H. FREEMAN, EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
251
TRUST AND INVESTMENT FUNDS
E. S. FARMER RELIEF FUND
1945
Principal of Fund
$5,000.00
Gain of Capital Assets.
145.00
$5,145.00
Receipts
Interest on:
Series G Bonds
$125.00
Arlington 5c Savings Bank
3.16
128.16
$5,273.16
Payments
Paid Town for disbursements
128.16
$5,145.00
Investments
Series G Bonds 21/2%
$5,000.00
Arlington 5c Savings Bank, Book 20873 145.00
$5,145.00
HARRIE H. DADMUN, HAROLD A. YEAMES,
SHERMAN H. PEPPARD,
ERNEST H. FREEMAN, EDWARD P.' CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
252
ARLINGTON TOWN REPORT
E. NELSON BLAKE, JR., MEMORIAL FUND
1945
Principal of Fund $3,000.00
Receipts
Interest on:
Series G Bonds
$50.00
Arlington 5c Savings Bank
15.49
65.49
$3,065.49
Payments
Paid Town for disbursements 65.49
$3,000.00
Investment Transactions in 1945
Investments, January 1, 1945
$3,000.00
Withdrew from Arlington 5c Sav- ings Bank 1,000.00
$2,000.00
Purchased Series G Bonds
1,000.00
$3,000.00
Investments
Series G Bonds 21/2%
$3,000.00
HARRIE H. DADMUN,
HAROLD A. YEAMES,
ERNEST H. FREEMAN,
SHERMAN H. PEPPARD, EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer.
CLARENCE NEEDHAM, Accountant.
253
TRUST AND INVESTMENT FUNDS
FRANCIS E. THOMPSON SCHOLARSHIP FUND 1945
Principal of Fund, January 1, 1945 .... $50,000.00
Received additional in 1945 359,362.56
Total Fund, December 31, 1945
$409,362.56
Income Account
Balance income, January 1, 1945
$275.14
Interest on:
U. S. Treasury 21/2% Bonds, 65/70 $1,250.00
U. S. Treasury 21/4%, 1962. 1,211.54
U. S. Treasury Series G Bonds 1,237.50
Arlington 5c Savings Bank
6.56
3,980.74
$413,343.30
Payments
Scholarships, as per vouchers .. ....... $900.00
Interest paid at purchase of Bonds .... 103.70
1,003.70
$412,339.60
Investment Transactions in 1945
Investments, January 1, 1945
$50,275.14
Deposited in Arlington 5c Savings Bank
163,064.46
Purchased 99M U. S. Treasury Bonds, Series G 99,000.00
Purchased 100M U. S. Treasury
214% Bonds, 1962 100,000.00
$412,339.60
254
ARLINGTON TOWN REPORT
Investments
U. S. Treasury 21/2% Bonds, 70/65 .... $50,000.00 U. S. Treasury 21/4% Bonds, 62/59 .... 100,000.00 U. S. Treasury Bonds, 21/2%, Series G 99,000.00 Arlington 5c Savings Bank, Book 66122 163,339.60
Total Fund and Accumulated Income, Decem- ber 31, 1945 $412,339.60
HARRIE H. DADMUN, HAROLD A. YEAMES, SHERMAN H. PEPPARD, ERNEST H. FREEMAN, EDWARD P. CLARK,
Trustees.
J. WILBERT ANDERSON, Treasurer.
CLARENCE NEEDHAM, Accountant.
.
255
TRUST AND INVESTMENT FUNDS
MARY CUTTER POOR WIDOWS' FUND
1945
Principal of Fund $613.11
Receipts
Interest on :
Series G. Bonds
$15.00
Arlington 5c Savings Bank
.27
15.27
$628.38
Payments
Paid Town for disbursement
15.27
$613.11
Investments
Series G Bonds 21/2%
$600.00
Arlington 5c Savings Bank, Book 15105 13.11
$613.11
ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. Trustees, ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
256
ARLINGTON TOWN REPORT
WILLIAM CUTTER SCHOOL FUND
1945
Principal of Fund $5,354.00
Receipts
Interest on:
Series G Bonds
$132.50
Arlington 5c Savings Bank 1.53
134.03
$5,488.03
Payments
Paid Town for disbursement 134.03
$5,354.00
Investments
Series G Bonds 21/2%
$5,300.00
Arlington 5c Savings Bank, Book
15102 54.00
$5,354.00 ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. Trustees, ex-officio.
J. WILBERT ANDERSON, Treasurer. . CLARENCE NEEDHAM, Accountant.
257
TRUST AND INVESTMENT FUNDS
MARTHA M. W. RUSSELL SCHOOL FUND
1945
Principal of Fund $5,327.86
Receipts
Interest on:
Series G Bonds
$132.50
Arlington 5c Savings Bank
1.12
133.62
$5,461.48
Payments
Paid Town for disbursement
133.62
$5,327.86
Investments
Series G Bonds 21/2%
$5,300.00
Arlington 5c Savings Bank, Book
9373 27.86
$5,327.86 ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. . ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
258
ARLINGTON TOWN REPORT
MARTHA M. W. RUSSELL POOR WIDOWS' FUND
1945
Principal of Fund
$1,704.23
Receipts
Interest on:
Series G Bonds
$42.50
Arlington 5c Savings Bank
.29
42.79
$1,747.02
Payments
Paid Town for disbursement ..... 42.79
$1,704.23
Investments
Series G Bonds 21/2% $1,700.00
Arlington 5c Savings Bank, Book 439
4.23
.$1,704.23
ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
259
TRUST AND INVESTMENT FUNDS
JULIA FILLEBROWN FUND
1945
Principal of Fund
$100.00
Receipts
Interest on Arlington 5c Savings Bank 1.50
$101.50
Payments
Paid Town for disbursement 1.50
$100.00
Investments
Arlington 5c Savings Bank, Book 15841 $100.00 ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS,
Selectmen. Trustees, ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
260
ARLINGTON TOWN REPORT
ANNIE L. HILL POOR WIDOWS' FUND 1945
Principal of Fund $2,000.00
Receipts
Interest on:
Series G Bond
$50.00
Arlington 5c Savings Bank
.27
50.27
$2,050.27
Payments
Paid Town for disbursements
50.27
$2,000.00
Investments
Series G Bond, 21/2% $2,000.00
ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. Trustees, ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
261
TRUST AND INVESTMENT FUNDS
MARIA L. HILL POOR WIDOWS' FUND
1945
Received under will of Maria L. Hill, June 20, 1945 $2,000.00
Accepted at Town Meeting, December 27, 1945
Deposited in Arlington 5c Savings Bank 2,000.00
Investments
Arlington 5c Savings Bank, Book 67336. 2,000.00
ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS,
Selectmen. Trustees, ex-officio.
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
262
ARLINGTON TOWN REPORT
POST WAR REHABILITATION FUND 1945
Appropriation, March, 1943 under Article 24. $150,000.00
Accumulated Income, December 31, 1945 1,928.59
$151,928.59
Receipts
Interest on:
U. S. Treasury C/I 7/8 % 1945. $656.25
U. S. Treasury C/I 7/8% 1946
656.25
Arlington 5c Savings Bank 29.01
1,341.51
Total Fund and Accumulated Income, December 31, 1945 $153,270.10
Investment Transactions in 1945
· Exchanged U. S. Treasury C/I 7/8 % 1945 for U. S. Treasury C/I 7/8 % 1946 .... $150,000.00
Investments
U. S. Treasury C/I 7/8% 1946. $150,000.00
Arlington 5c Savings Bank, Book 64470 3,270.10
$153,270.10
ROSCOE O. ELLIOTT, JOSEPH PETERSON, WILLIAM C. ADAMS, Selectmen. Trustees, ex-officio. 1
J. WILBERT ANDERSON, Treasurer. CLARENCE NEEDHAM, Accountant.
263
TRUST AND INVESTMENT FUNDS
REPORT OF THE TRUSTEES OF THE ELBRIDGE FARMER FUND
For the Year Ending December 31, 1945
Receipts
Undistributed Income Balance 12-31-44 $ 92.52
Arlington Five Cents Savings Bank Interest 150.00
Boston Five Cents Savings Bank Interest 60.00
Cambridge Savings Bank Interest 136.70
Franklin Savings Bank Interest 41.74
Menotomy Trust Co., Savings Department
7.72
Provident Institution for Savings, Boston, Int. 60.00
Suffolk Savings Bank Interest 45.00
3,000 Illinois Central R.R. Co. 434 % 1966 Int. 142.50
10,000 U. S. Treasury, 3% 1951-55 Interest.
300.00
12,000 U. S. Savings Bonds, Series G 21/2% 1956 Interest 150.00
Menotomy Trust Co., Savings Dept. No. 2992,
(Income Account Interest) 6.06
$1,192.24
Disbursements
Menotomy Trust Co., Safe Deposit Box Rent. ...
$ 6.00
Town of Arlington 1,152.24
$1,158.24
Balance, Undistributed Income 12-31-45 (Meno- tomy Trust, Savings Dept. No. 2992, Income Account) 34.00
$1,192.24
264
ARLINGTON TOWN REPORT
Investments
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 Dept.
771.00
Provident Institution for Savings, Boston
3,000.00
Suffolk Savings Bank
3,000.00
3,000 Illinois Central R.R. Co. 43/4 % 1966.
3,000.00
10,000 U. S. Treasury 3% 1951-55 10,000.00
12,000 U. S. Savings Bonds, Series G, 21/2% 1956
12,000.00
$53,022.52
JAMES A. BAILEY,
JOHN G. BRACKETT,
WILLIAM D. ELWELL,
GARDNER C. PORTER,
EDWARD P. CLARK,
FREDERICK W. HILL,
Trustees.
265
TOWN TREASURER'S REPORT
REPORT OF THE TOWN TREASURER
1945
Cash balance, January 1, 1945 $ 985,430.10
Receipts, 1945 3,110,483.26
Expended, 1945
$4,095,913.36 3,032,998.96
Cash balance, December 31, 1945 $1,062,914.40
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