USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1956 > Part 19
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Surface Drain-Wollaston Avenue and Williams Street
4,906.00
-1,419.61
3,486.39
3,460.13
26.26
Ext. of Surface Drain- Sunnyside Avenue
1,980.00
-242.89
1,737.11
222.28
1,514.83
Recon. Streets-Chapter 90-1956
24,500.00
57,195.73
81,695.73
73,032.37
8,663.36
Easements in Land-1956 Streets
800.00
800.00
800.00
Committee Re: 150th Anniversary
200.00
200.00
200.00
Quarters for Organizations- Old Town Hall
100.00
100.00
100.00
Study-Fire & Police Signal System
100.00
100.00
200.00
117.21
Study Acoustics-Town Hall Auditor.
100.00
100.00
100.00
Acceptance Legislative Act U.N.
200.00
200.00
112.50
87.50
Improvement-Peirce Schl. Playground
11,000.00
-14.99
10,985.01
6,255.18
4,729.83
Reprinting Town Manager Act
235.00
235.00
192.00
43.00
Reprinting of Town's By-Laws
436.00
436.00
249.00
187.00
Repairs to School Buildings-Safety
3,150.00
3,150.00
1,482.12
1.667.88
·
200.00 25,010.00 173.50 300.00
TOWN ACCOUNTANT'S REPORT
239
82.79
Additional Appropriation Town Hall Amend. Town By-Laws-
2,500.00
APPROPRIATIONS AND EXPENDITURES-Continued
Balance Dec. 31, 1955
Appropri - ation 1956
Transfers
Total
Expended
Balance Dec. 31, 1956
Add. & Recon. High School-
Remod. & recon. of present Bldg.
76,200.00
76,200.00
3,981.25
72,218.75
Committee-Const. Florence Ave. Schl. Article 68-1954
11,036.18
11,036.18
820.69
10,215.49
Removal Jr. High Ind. Arts- Art. 71 '54
1,660.00
-631.89
1,028.11
1,001.52
26.59
Add. & Recon. High School Const. Equip. & Furn. Bldg.
40,300.00
40,300.00
24,148.30
16,151.70
Volume & Pressure-Art. 33-'56 Group Hospital Insurance
14,743.15
40,000.00
47,007.97
21,432.00
25,575.97
1,900.00
21,900.00
21,869.03
30.97
Cost of Living
17,007.93
-17,007.93
Sidewalk & Edgestones-Park Circle
47.99
-47.99
Alt. River St .- Res. for Damages
7.18
-7.18
Exterior Lines-Heath St .- Norcross
15.73
-15.73
Turkey Hill-Res. for Damages
49.00
-49.00
Committee Re: Town Manager Act . 1950 Street Construction
339.56
-- 339.56
Committee Re: Town By-Laws Article 95-1955
95.57
10,000.00
3,000.00
95.57 10,000.00 3,000.00
10,000.00 956.19
2,043.81
TOTALS
$1,935.848.24
$6,711,629.35
$19,011.60
$8,628,465.99
$7.657,287.17
$971,178.82
240
ARLINGTON TOWN REPORT
. .
.
2,000.00
-2,000.00
95.57
Municipal Building Insurance Fund
Special Salary Compensation
-7,735.18
20,000.00
241
TRUST AND INVESTMENT FUNDS
Library Funds
ROBBINS LIBRARY ART FUND 1956
Principal of Fund
$25,000.00
Gain of Capital Assets
1,770.04
Accumulated Income
13,406.33
$40,176.37
Receipts
Interest on:
Series G Bonds
$ 250.00
First National Bank Stock
612.75
Series B Bonds
440.00
Arlington 5¢ Savings Bank
13.83
No. Avenue Savings Bank
90.00
Arlington Coop. Bank Shares
75.00
1,481.58
$41,657.95
Payments
Box Rent
$ 5.00
As per Vouchers on file
996.53
1,001.53
$40,656.42
Investment Transaction in 1956
10M U.S. Treasury Series G Bonds matured 7/1/56 Proceeds reinvested in Arlington Cooperative Bank Shares
Investments
16M U.S. Treasury 2 34 % Bonds 75/80 $16,000.00
200 Shares First National Bank Stock 9,560.00
15 Shares First National Bank Stock, Acquired at par 750.00
50 Arlington Cooperative Bank Shares
10,000.00
Arlington 5¢ Savings Bank, Book 20095 ... 1,000.12
North Avenue Savings Bank, Book 78755 3,000.00
Harvard Trust Checking Account 346.30
$40,656.42
242
ARLINGTON TOWN REPORT
ROBBINS PRINT FUND 1956
Principal of Fund $30,000.00 Balance of Income, December 31, 1955. 4,283.42
$34,283.42
Receipts
Interest on:
Series G Bonds
$
650.00
Arlington 5¢ Savings Bank 233.86
883.86
Fund and Accumulated Income, December 31, 1956
Investments
$35,167,28
26M U.S. Treasury Series G Bonds 2 1/2 %
maturing 10/1/62
$26,000.00
Arlington 5¢ Savings Bank, Book 200162
9,167.2.8
$35,167.28
HENRY MOTT LIBRARY FUND
1956
Principal of Fund $ 5,200.00
Gain of Capital Assets
225.00
$5,425.00
Balance of Income, December 31, 1955
878.06
$6,303.06
Receipts
Interest on:
Series G Bonds
$
125.00
Arlington 5¢ Savings Bank 36.61
161.61
Fund and Accumulated Income, December 31, 1956
$6,464.67
Investments
5M U.S. Treasury Series G Bonds 21/2 % maturing 11/1/58 $ 5,000.00 Arlington 5¢ Savings Bank, Book 15101 1,464.67
$6,464.67
TRUST AND INVESTMENT FUNDS
243
E. NELSON BLAKE LIBRARY FUND 1956
Principal of Fund
$ 4,000.00 696.57
Gain of Capital Assets
$4,696.57
Balance Income, December 31, 1955
768.26
$5,464.83
Receipts
Interest on:
Series G Bonds $ 100.00
Arlington 5¢ Savings Bank
41.72
Arlington Cooperative Bank
30.00
171.72
Fund and Accumulated Income, December 31, 1956
$5,636.55
Investment Transactions in 1956
4M U.S. Treasury Series G Bonds matured 20 Shares Arlington Cooperative Bank purchased with proceeds
Investments
20 Arlington Cooperative Bank Shares,
#4438
$ 4,000.00
Arlington 5¢ Savings Bank, Book 52201
1,636.55
$5,636.55
EMMA L. SPRAGUE LIBRARY FUND 1956
Principal of Fund $17,938.48
Balance Income, December 31, 1955
2,940.00
$20,878.48
Receipts
Interest on:
Series G Bonds $ 375.00
Charlestown Savings Bank 180.48
555.48
Fund and Accumulated Income, December 31, 1956
$21,433.96
Investments
15M U.S. Treasury Series G Bonds 2 1/2 % maturing 4/1/61 $15,000.00 Charlestown Savings Bank, Book 253395 6,433.96
$21,433.96
244
ARLINGTON TOWN REPORT
FRANCIS E. THOMPSON LIBRARY FUND 1956
Principal of Fund $ 8,181.54 Balance of Income, December 31, 1955 1,325.96
$9,507.50
Receipts
Interest on:
Series G Bonds $ 200.00
Arlington 5¢ Savings Bank 44.00
Arlington Cooperative Bank 45.00
289.00
Fund and Accumulated Income, December 31, 1956
$9,796.50
Investment Transactions in 1956
6M U.S. Treasury Series G Bonds 2 1/2 % matured July 1, 1956
Arlington Cooperative Bank Shares purchased with proceeds
Investments
2M U.S. Treasury Series G Bonds 2 1/2 %
maturing 1/1/62
$ 2,000.00
30 Arlington Cooperative Bank Shares
Acct. # 4436
6,000.00
Arlington 5¢ Savings Bank, Book 64753
1,796.50
$9,796.50
SARAH ROSS VAUGHN LIBRARY FUND 1956
Principal of Fund
$
1,000.00
Balance of Income, December 31, 1955
159.09
$1,159.09
Receipts
Interest on Arlington Cooperative Bank
35.15
Fund and Accumulated Income, December 31, 1956
$1,194.24
Investment
Arlington Cooperative Bank
Savings Shares Account
#417
$
1,194.24
TRUST AND INVESTMENT FUNDS
245
M. HELEN TEELE LIBRARY FUND 1956
Principal of Fund
$
1,000.00
Balance of Income, December 31, 1955 132.47
$1,132.47
Receipts
Interest on:
Series G Bonds $ 25.00
Arlington 5¢ Savings Bank 3.75
28.75
Fund and Accumulated Income, December 31, 1956
$ 1,161.22
Investments
1M U.S. Treasury Series G Bonds 2 1/2 % maturing 11/1/62 $ 1,000.00 Arlington 5¢ Savings Bank, Book 201472 161.22
$1,161.22
TIMOTHY WELLINGTON LIBRARY FUND 1956
Principal of Fund
$
100.00
Receipts
Interest on Arlington 5¢ Savings Bank
2.78
$102.78
Payments
Paid Town for disbursement
2.78
$100.00
Investment
Arlington 5¢ Savings Bank, Book 15103 $ 100.00
246
ARLINGTON TOWN REPORT
ELLEN W. HODGDON LIBRARY FUND 1956
Principal of Fund ... 1,000.00 $
Receipts
Interest on:
Series G Bonds
$
25.00
Arlington 5¢ Savings Bank .44
Arlington Cooperative Bank
7.50
32.94
$1,032.94
Investment Transactions in 1956 1M U.S. Treasury Series G Bonds 21/2 % matured July 1, 1956 Arlington Cooperative Bank Shares purchased with proceeds
Payments
Paid Town for disbursement
....
... 32.94
$1,000.00
Investments
5 Arlington Cooperative Bank Shares, Acct. #4437
..
$ 1,000.00
CHILDREN'S BOOK FUND
1956
Principal of Fund $ 5,000.00
Gain of Capital Assets 882.24
$5,882.24
Receipts
Interest on:
First National Bank Stock
$
381.90
Arlington 5¢ Savings Bank 20.34
402.24
Fund and Accumulated Income, December 31, 1956 $ 6,284.48
Payments
Paid Town for disbursement
402.24
$5,882.24
Investments
9 Shares First National Bank Stock $ 450.00 125 Shares First National Bank Stock 4,950.00
Arlington 5¢ Savings Bank, Book 57012 482.24
$5,882.24
247
TRUST AND INVESTMENT FUNDS
LOUISE S. GRUBER LIBRARY FUND
1956
Principal of Fund $ 2,000.00
Receipts
Interest on North Avenue Savings Bank
60.45
Payments
Paid Town for disbursement
60.45
$2,000.00
Investments
North Avenue Savings Bank, Book 79392
$ 2,000.00
DEXTER RAWSON FAY LIBRARY FUND
1956
Principal of Fund
$ 1,741.60
Receipts
Interest on:
Arlington Cooperative Bank $ 48.00
Arlington 5¢ Savings Bank 4.55
52.55
Payments
$1,794.15
Paid Town for disbursement 52.55
Investments
8 Arlington Cooperative Bank Shares, #B1333 $ 1,600.00
Arlington 5¢ Savings Bank, Book #51672 141.60
$1,741.60
Robert J. Brosnan Chmn. Hugh A. Mallon Jr. Robert H. Marsh Margaret H. Spengler Molly F. Yood
Library Trustees
.......
$1,741.60
Francis A. Coughlin, Town Treasurer Carmen T. Foritano, Town Accountant
$2,060.45
248
ARLINGTON TOWN REPORT
Report of the Trustees Of The Elbridge Farmer Fund 1956
INCOME ACCOUNT
Undistributed Income Balance - 12/31/55
$ 2.25
Arlington Cooperative Bank 180.00
Arlington Five Cents Savings Bank 275.00
Boston Five Cents Savings Bank
90.00
Cambridge Savings Bank
302.22
Cambridgeport Savings Bank
325.00
Franklin Savings Bank
83.46
Harvard Trust Company - Acct. A2992
16.90
Provident Institution for Savings
125.00
Suffolk Savings Bank
125.00
U. S. Treasury Series G Savings Bond 1/1/56
150.00
$ 1,674.83
INVESTMENT TRANSACTIONS
U. S. Treasury Series G Savings Bond
matured 1/1/56 $12,000.00
Investment in Paid Up Shares, Arlington Cooperative Bank $ 8,000.00
Deposit in Suffolk Savings Bank
2,000.00
Deposit in Provident Institution for Savings
2,000.00
$12,000.00
DISBURSEMENTS
Accrued interest on 40 Paid Up Shares,
Arlington Cooperative Bank
$ 1.33
Arlington Advocate, Inc. - legal advertising
11.25
Harvard Trust Company - Safe Deposit Box Rent
6.60
Town of Arlington - Elbridge Farmer Fund for
benefit of Robbins Library
1,650.00
Balance - Undistributed Income - 12/31/56
Harvard Trust Company, Savings Account A2992
5.65
$1,674.83
INVESTMENT ACCOUNT 12/31/56
Arlington Cooperative Bank
$ 8,000.00
Arlington Five Cents Savings Bank
10,000.00
Boston Five Cents Savings Bank
3,000.00
Cambridge Savings Bank
9,299.68
Cambridgeport Savings Bank
10,000.00
Franklin Savings Bank
2,782.77
Provident Institution for Savings
5,000.00
Suffolk Savings Bank
5,000.00
$ 53,082.45
GARDNER C. PORTER ARTHUR O. YEAMES EDMUND L. FROST FRANCIS KEEFE EVERETT C. BRYANT EDWARD P. CLARK
1,669.18
TRUST AND INVESTMENT FUNDS
249
ROBBINS HOUSE MAINTENANCE FUND
1956
Principal of Fund
$ 48,189.03
Receipts
Interest on:
U. S. Treasury 2 34 % Bonds 60/65 $ 27.50
U. S. Treasury 21/2 % Bonds 64/69 325.00
U. S. Treasury 21/2 % Bonds 65/70 125.00
U. S. Treasury 21/2 % Bonds 67/72 175.00
Cambridge Savings Bank
721.14
1,373.64
$ 49,562.67
Paid Town for disbursement
1,373.64
$ 48,189.03
Investments
13M U.S. Treasury 21/2 % Bonds 64/69 $13,000.00
5M U.S. Treasury 21/2 % Bonds 65/70
5,000.00
7M U.S. Treasury 21/2 % Bonds 67/72
7,000.00
1M U.S. Treasury 2 34 % Bonds 60/65
1,000.00
Cambridge Savings Bank, Book 164923
22,189.03
$ 48,189.03
JOSEPH P. GREELEY, Chmn. THOMAS R. RAWSON GEORGE A. HARRIS FRANKLIN W. HURD
MARCUS L. SORENSEN Selectmen
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
250
ARLINGTON TOWN REPORT
Selectmen's Funds
M. M. W. RUSSELL POOR WIDOWS' FUND 1956
Principal of Fund
$
1,704.23
.
Receipts
Interest on:
Series G Bonds $ 42.50
Arlington 5¢ Savings Bank 1.56
U.S. Treas. 21/2 % Bonds 18.75
Income from purchase of Bonds at
discount as shown below
92.17
154.98
$1,859.21
Payments
Paid Town for disbursement
154.98
$1,704.23
Investment Transaction in 1956
U.S. Treasury Series G Bonds 212 % matured 7/1/56 Proceeds reinvested in U.S. Treasury 212 % Bonds and balance deposited in Arlington 5¢ Savings Bank
Investments
UJ.S. Treasury 2 12 % Bonds maturing 12/15/68-63 $ 1,500.00
Arlington 5¢ Savings Bank, Book #439
204.23
$1,704.23
251
TRUST AND INVESTMENT FUNDS
MARY CUTTER POOR WIDOWS' FUND 1956
Principal of Fund $ 613.11
Receipts
Interest on:
Series G Bonds $ 15.00
U.S. Treasury 21/2 % Bonds
6.25
Arlington 5¢ Savings Bank
.93
Income from purchase of Bonds at discount as shown below 30.72
52.90
$666.01
Payments
Paid Town for disbursement ........... 52.90
$613.11
Investment Transaction in 1956
U.S. Treasury Series G Bonds 21/2 % matured 7/1/56 Proceeds reinvested in U.S. Treasury 21/2 % Bonds and balance deposited in Arlington 5¢ Savings Bank
Investments
U.S. Treasury 21/2 % Bonds
maturing 12/15/68-63 $ 500.00
Arlington 5¢ Savings Bank, Book 15105 113.11
$613.11
252
ARLINGTON TOWN REPORT
ANNIE L. HILL POOR WIDOWS' FUND 1956
Principal of Fund
$
2,000.00
Receipts
Interest on:
Series G Bonds $ 50.00
U.S. Treasury 21/2 % Bonds 25.00
Arlington 5¢ Savings Bank 1.19
Income from purchase of bonds at
discount as shown below 122.90
199.09
$2,199.09
Payments
Paid Town for disbursement
199.09
$2,000.00
Investment Transaction in 1956
U.S. Treasury Series G Bonds matured 7/1/56 Proceeds reinvested in U.S. Treasury 21/2 % Bonds and balance deposited in Arlington 5¢ Savings Bank Investment
U.S. Treasury 2 1/2 % Bonds, maturing 1968
....
$
2,000.00
MARIA L. HILL POOR WIDOWS' FUND
1956
Principal of Fund
$
2,000.00
Receipts
Interest on:
Series G Bonds
$
50.00
Arlington 5¢ Savings Bank
.80
50.80
$
2,050.80
Payments
Paid Town for disbursement 50.80
Investments $ 2,000.00
U.S. Treasury Series G Bonds 2 1/2 % maturing 2/1/59 $ 2,000.00
253
TRUST AND INVESTMENT FUNDS
M. M. W. RUSSELL SCHOOL FUND 1956
Principal of Fund
$
5,327.86
Receipts
Interest on:
Series G Bonds
$ 132.50
U.S. Treas. 21/2 % Bonds
68.75
Arlington 5¢ Savings Bank
3.40
204.65
$ 5,532.51
Payments
Paid Town for disbursement
204.65
Investment Transaction in 1956 $ 5,327.86
U.S. Series G Bonds matured 7/1/56 Proceeds reinvested in U.S. Treasury 21/2 % Bonds and balance deposited in Arlington 5¢ Savings Bank.
Investments
U.S. Treasury 21/2 % Bonds,
maturing 1968; cost $ 5,162.04
Arlington 5¢ Savings Bank, Book 9373
165.82
$
5,327.86
WILLIAM CUTTER SCHOOL FUND 1956
Principal of Fund
........ .... 5,354.00 $
Receipts
Interest on:
Series G Bonds $ 132.50
U.S. Treas. 21/2 % Bonds 68.75
Arlington 5¢ Savings Bank 4.29
205.54
$ 5,559.54
Paid Town for disbursement
Payments
205.54
$ 5,354.00
Investment Transaction in 1956
U.S. Treasury Series G Bonds matured 7/1/56 Proceeds reinvested in U.S. Treasury 2 12 % Bonds and balance deposited in Arlington 5¢ Savings Bank.
Investments
U.S. Treasury 21/2 % Bonds,
maturing 1968; cost $ 5,162.04
Arlington 5¢ Savings Bank, Book #15102
191.96
$ 5,354.00
254
ARLINGTON TOWN REPORT
EMMA L. SPRAGUE POOR WIDOWS' FUND 1956
Principal of Fund $17,938.47
Receipts
Interest on:
Charlestown Savings Bank 542.18
$ 18,480.65
Payments
Paid Town for disbursement 542.18
$
17,938.47
Investment
Charlestown Savings Bank, Book 253396 $ 17,938.47
JULIA FILLEBROWN FUND
1956
Principal of Fund $ 100.00
Receipts
Interest on Arlington 5¢ Savings Bank
2.78
Payments $ 102.78
Paid Town for disbursement
2.78
$ 100.00
Investment
Arlington 5¢ Savings Bank, Book 15841 $ 100.00
JOSEPH P. GREELEY, Chmn. THOMAS R. RAWSON GEORGE A. HARRIS FRANKLIN W. HURD MARCUS L. SORENSEN Selectmen
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
255
TRUST AND INVESTMENT FUNDS
Farmer Funds
EDWIN S. FARMER RELIEF FUND 1956
Principal of Fund
$5,000.00
Gain of Capital Assets
145.00
$5,145.00
Receipts
Interest on:
Series G Bonds
$ 75.00
Arlington 5¢ Savings Bank
6.56
Cambridge Savings Bank
29.95
Arlington Cooperative Shares
60.00
171.51
$5,316.51
Payments
Accrued interest on Arlington Cooperative
Shares purchased January 12, 1956
$ 10.00
Paid Town for disbursement
161.51
171.51
$5,145.00
Investment Transactions in 1956
2M U.S. Treasury Series G Bonds 21/2 % matured 1/1/56 Arlington Cooperative Bank Shares purchased with proceeds 2M U.S. Treasury Series G Bonds 2 1/2 % matured 7/1/56 Proceeds deposited in Cambridge Savings Bank
Investments
10 Arlington Cooperative Bank Shares, #4294 $2,000.00
Arlington 5¢ Savings Bank, Book 20873 145.00
Cambridge Savings Bank, Book 178870 3,000.00
$5,145.00
256
ARLINGTON TOWN REPORT
EDWIN S. FARMER POOR WIDOW'S FUND 1956
Principal of Fund $5,000.00
Receipts
Interest on:
Series G Bonds $ 75.00
Arlington 5¢ Savings Bank 2.25
Cambridge Savings Bank
54.44
131.69
$5,131.69
Payments
Paid Town for disbursement 131.69
$5,000.00
Investment Transactions in 1956
2M U.S. Treasury Series G Bonds 21/2 % matured 7/1/56 Proceeds deposited in Cambridge Savings Bank
Investments
1M U.S. Treasury Series G Bonds 21/2 %
maturing 7/1/57
$1,000.00
Cambridge Savings Bank, Book 179489
4,000.00
$5,000.00
EDWARD P. CLARK, Chmn. WALTER T. CHAMBERLAIN ERNEST L. PARSONS HAROLD A. YEAMES Trustees
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
257
TRUST AND INVESTMENT FUNDS
Francis E. Thompson Scholarship Fund
REPORT OF THE TRUSTEES - DECEMBER 31, 1956
CAPITAL FUNDS
Received from Estate of
Mabel E. Thompson in 1944
$ 50,000.00
Received from Estate of
Mabel E. Thompson in 1945
359,362.56
Received from Estate of
Mabel E. Thompson in 1946 26,769.55
Received from Estate of
Mabel E. Thompson in 1952 (Final Distribution) 799.53
$436,931.64
Gain on Sale of Capital Assets
3,772.50
$440,704.14
Investment of Capital Funds
U.S. Treasury 21/4 % Bonds 59/62 $ 64,000.00
U.S. Treasury 21/2 % Bonds 65/70 50,000.00
U.S. Treasury 2 34 % Bonds 75/80 100,000.00
U.S. Treasury Series G Bonds 2 1/2 % , maturing 1957-59 225,000.00
Arlington Five Cents Savings Bank 1,654.14
Arlington National Bank 50.00
$440,704.14
INCOME
Balance - December 31, 1955 $ 6,363.89
Interest Received in 1956 on:
U.S. Treasury Series G Bonds 5,625.00
U.S. Treasury 2 1/4 % Bonds 59/62 1,440.00
U.S. Treasury 21/2 % Bonds 65/70 1,250.00
U.S. Treasury 2 34 % Bonds 75/80 2,750.00
Arlington Five Cents Savings Bank 202.28
$ 17,631.17
PAYMENTS
Income disbursed from Fund for
scholarships in 1956 $ 11,250.00
Rent for safe deposit box 10.00
$ 11,260.00
258
ARLINGTON TOWN REPORT
Balance undistributed Income 12/31/56 ....... * $ 6,371.17
*Income received after May 1st each year, is not made available for distribution until May 1st of the following year.
ARTHUR O. YEAMES, Chmn. EDWARD A. BAILEY HAROLD A. CAHALIN Trustees
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
Pratt Funds
PRATT HIGH SCHOOL FUND 1956
Principal of Fund
$25,000.00
Receipts
Interest on:
Series G Bonds
$ 325.00
Arlington 5¢ Savings Bank 13.30
Cambridgeport Savings Bank
327.03
Savings Bonds, Series F increased
68.00
733.33
$25,733.33
Payments
Paid Town for Disbursement .......... 733.33
$25,000.00
Investment Transaction in 1956
2M U.S. Treasury Series G Bonds matured 7/1/56 Proceeds Deposited in Cambridgeport Savings Bank
Investments
8M U.S. Treasury Series G Bonds 2 1/2 % maturing 5/1/57 $ 8,000.00
3M U.S. Treasury Series G Bonds 2 1/2 % maturing 7/1/57 3,000.00
1M U.S. Treasury Series F Bonds maturing May, 1957 980.00
1M U.S. Treasury Series F Bonds
maturing December, 1957 962.00
Arlington 5¢ Savings Bank, Book 40413 58.00
Cambridgeport Savings Bank, Book 249281 12,000.00
$25,000.00
259
TRUST AND INVESTMENT FUNDS
NATHAN PRATT LIBRARY FUND 1956
Principal of Fund
$10,000.00
Receipts
Interest on:
Series G Bonds
$ 125.00
Arlington 5¢ Savings Bank
4.32
Cambridge Savings Bank
136.09
265.41
$10,265.41
Box Rent
$
5.00
Paid Town for disbursement
260.41
265.41
$10,000.00
Investment Transactions in 1956
2M U.S. Treasury Series G Bonds matured 7/1/56 Proceeds Deposited in Cambridge Savings Bank
Investments
3M U.S. Treasury Series G Bonds 2 1/2 %
maturing 7/1/57
$ 3,000.00
Cambridge Savings Bank, Book 179488
7,000.00
$10,000.00
NATHAN PRATT POOR WIDOW'S FUND 1956
Principal of Fund
$ 5,000.00
Receipts
Interest on:
Series G Bonds $ 75.00
Arlington 5¢ Savings Bank 2.25
Cambridge Savings Bank
54.44
131.69
Payments
Paid Town for disbursement
131.69
$ 5,000.00
Investment Transactions in 1956
2M U.S. Treasury Series G Bonds 2 12 % matured 7/1/56 Proceeds Deposited in Cambridge Savings Bank
Investments
1M U.S. Treasury Series G Bonds 2 1/2 % maturing 7/1/57 $ 1,000.00
Cambridge Savings Bank, Book #179487
4,000.00
$ 5,000.00
$ 5,131.69
Payments
260
ARLINGTON TOWN REPORT
E. NELSON BLAKE JR. MEMORIAL FUND 1956
Principal of Fund $ 3,000.00
Receipts
Interest on:
Series G Bonds $ 50.00
Arlington 5¢ Savings Bank 1.37
Cambridge Savings Bank
27.21
78.58
$ 3,078.58
Payments
Paid Town for disbursement 78.58
$ 3,000.00
Investment Transactions in 1956
1M U.S. Treasury Series G Bonds 212 % matured 7/1/56 Proceeds deposited in Cambridge Savings Bank
Investments
1M U.S. Treasury Series G Bonds 21/2 % maturing 7/1/57 $ 1,000.00
Cambridge Savings Bank, Book #179490
2,000.00
$ 3,000.00
EDWARD P. CLARK, Chmn. WALTER T. CHAMBERLAIN ERNEST L. PARSONS Trustees
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
261
TRUST AND INVESTMENT FUNDS
Cemetery Funds
PERPETUAL CARE FUND 1956
Fund, January 1, 1956
$340,961.50
Received for Perpetual Care of Lots
16,099.50
Gain of Capital Assets
386.82
$357,447.82
Balance of Income, January 1, 1956
14,835.03
$372,282.85
Receipts
Interest on:
First National Bank Stock
$ 304.95
National Shawmut Bank Stock
420.00
Arlington Co-operative Bank Shares 360.00
U.S. Treasury Series G Bonds
1,275.00
U.S. Treasury Series K Bonds
690.00
U.S. Treasury 2 12 % Bonds 56/58
60.00
U.S. Treasury 2 1/2 % Bonds 63/68
750.00
U.S. Treasury 21/2 % Bonds 64/69
125.00
U.S. Treasury 2 1/2 % Bonds 65/70
1,875.00
U.S Treasury 21/2 % Bonds 66/71
625.00
U.S. Treasury 21/2 % Bonds 67/72
157.50
Pacific Gas and Electric 3 % Bonds
150.00
Arlington 5¢ Savings Bank
661.38
Boston 5¢ Savings Bank
193.86
Cambridge Savings Bank
1,587.05
Charlestown Savings Bank
267.38
North Avenue Savings Bank
452.52
Provident Institution for Savings
222.04
10,176.68
$382,459.53
Payments
Paid Town for disbursement
$10,167.68
Box Rent 9.00
10,176.68
$372,282.85
262
ARLINGTON TOWN REPORT
INVESTMENT TRANSACTIONS IN 1956
$25,000.00 withdrawn from Arlington 5¢ Savings Bank, Book 72902 on 7/5/56 and deposited in Cambridge Savings Bank. Book 159502
Investments
U.S. Treasury 21/2 % Bonds 64/69 $ 5,000.00
U.S. Treasury 212 % Bonds 56/58 2,400.00
U.S. Treasury 2 1/2 % Bonds 67/72 6,300.00
U.S. Treasury 2 12 % Bonds 63/68 30,000.00
U.S. Treasury 212 % Bonds 65/70 75,000.00
U.S. Treasury 2 1/2 % Bonds 66/71 25,000.00
U.S. Treasury Series G Bonds 2 1/2 % 51,000.00
U.S. Treasury Series K Bonds 2.76 25,000.00
Pacific Gas and Electric Bonds 3 % 5,000.00
100 First National Bank Shares 4,175.00
7 distributed First National Bank shares 8 par 350.00
200 National Shawmut Bank Shares 5,000.00
Arlington 5¢ Savings Bank, Book 72902 11,923.50
Boston 5¢ Savings Bank, Book 1039471
6,608.44
Cambridge Savings Bank, Book 159502
75,026.21
Charlestown Savings Bank, Book 253796 9,114.36 North Avenue Savings Bank, Book 78733 15,844.42 Provident Institution for Savings, Book 603700 7,540.92
Arlington Cooperative Bank Shares
12,000.00
$372,282.85
SAMUEL C. BUCKNAM CEMETERY FUND
1956
Principal of Fund $ .. 2,000.00
Income Account
Balance Income January 1, 1956 $ 477.58
Interest on:
Series G Bonds $ 50.00
Arlington 5¢ Savings Bank 13.82
63.82
$ 2,541.40
Invested as follows: U.S. Treasury Series G Bonds 2 1/2 % maturing 1/1/57 $ 2,000.00 Arlington 5¢ Savings Bank, Book 12248
541.40 Fund and Accumulated Income December 31, 1956 ....
$ 2,541.40
263
TRUST AND INVESTMENT FUNDS
ROBBINS CEMETERY FUND
1956
Principal of Fund
.......
5,000.00 $
Income Account
Balance Income, January 1, 1956
1,624.86
Interest on:
Series G Bonds $ 125.00
Arlington 5¢ Savings Bank 46.58
171.58
$
6,796.44
Invested as follows:
U.S. Treasury Series G Bonds 2 1/2 % maturing 1/1/57 $ 5,000.00 Arlington 5¢ Savings Bank,
Book 6758 1,796.44
Fund and Accumulated Income, December 31, 1956 .... $ 6,796.44
SOLDIERS MONUMENT FUND
1956
Principal of Fund $ .... ... 2,000.00
Income Account
Balance Income, January 1, 1956
925.78
Interest on :
U.S. Treasury Series G Bonds 2 1/2 % $ 50.00
Arlington 5¢ Savings Bank 26.28
76.28
$ 3,002.06
Invested as follows: U.S. Treasury Series G Bonds 2 1/2 % maturing 1/1/57 $ 2,000.00
Arlington 5¢ Savings Bank, Book 6977 1,002.06 $ 3,002.06
Fund and Accumulated Income December 31, 1956
....
WATHEN B. HENDERSON, Chmn. JOHN R. KEEFE RALPH L. LaVALLE Cemetery Commissioners
FRANCIS A. COUGHLIN, Town Treasurer CARMEN T. FORITANO, Town Accountant
264
ARLINGTON TOWN REPORT
Workmen's Compensation Fund 1956
Balance, December 31, 1955 $ 4,531.64
Appropriated at Annual Town Meeting 1956 27,000.00
$31,531.64
Interest on Arlington 5¢ Savings Bank
542.26
$32,073.90
Paid Town for disbursement
26,000.00
In Arlington 5¢ Savings Bank, Book #65361
$ 6,073.90
EDWARD P. CLARK, Chmn. HAROLD A. YEAMES Sinking Fund Commissioners
FRANCIS A. COUGHLIN, Town Treasurer
CARMEN T. FORITANO, Town Account
Municipal Buildings Insurance Fund 1956
Fund and Accumulated Income, December 31, 1955 $22,165.69
Gain of Capital Assets 62.51
$22,228.20
Receipts
Interest on:
U.S. Treasury Series F Bonds $ 200.00
Arlington 5¢ Savings Bank 65.84
Cambridge Savings Bank
383.58
Cambridgeport Savings Bank
54.17
703.59
$22,931.79 Appropriated at Annual Town Meeting, Art. 46
10,000.00
$32,931.79
265
TRUST AND INVESTMENT FUNDS
Payments
Box Rent
7.50
$32,924.29
Investment Transaction in 1956
10M Series F Bonds matured April 1956 Proceeds deposited in Cambridge Savings Bank
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