USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1963 > Part 27
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DISBURSEMENTS
Harvard Trust Company - Safe Deposit Box Rent . $ 6.60
Harvard Trust Company - Collection of $5,000.00 Chicago,
Burlington & Quincy RR Equip. Trust No. 1 3-3/4's due 9/1/63 .
1.75
Town of Arlington, Elbridge Farmer Fund for Benefit of Robbins Library
2,100.00
$ 2,108.35
Balance, Undistributed Income, 12/31/63 - Harvard Trust Company Savings Account A2992
5.90
$ 2,114.25
INVESTMENT TRANSACTIONS
Matured - $5,000 Chicago, Burlington & Quincy RR Equipment Trust No. 1 3-3/4's due 9/1/63.
$ 5,000.00
Deposit - Cambridge Savings Bank Special Notice Account. . . $ 5,000.00
INVESTMENT ACCOUNT - 12/31/63
Arlington Cooperative Bank .
$ 8,000.00
Boston Five Cents Savings Bank
3,000.00
Cambridge Savings Bank .
11,423.38
Cambridgeport Savings Bank
5,000.00
Suffolk -Franklin Savings Bank
5,282.77
$5,000 Chicago, Burlington & Quincy RR Equipment Trust, 3-3/4's, 9/1/66
5,000.00
$5,000 Southern Railway Equipment Trust, 3-3/4's, 1/15/66 4,981.30
$10,500 U. S. Treasury Bonds, 4's, 2/15/80 10,395.00
$53,082.45
ARTHUR O. YEAMES
EDMUND L. FROST EDWARD P. CLARK
FRANCIS KEEFE G. C. PORTER
E. C. BRYANT
Trustees
292
ARLINGTON TOWN REPORT
Library Funds
ROBBINS LIBRARY ART FUND
1963
Principal of Fund . $25,000.00
Gain of Capital Assets. 12,187.73
$37,187.73
Accumulated Income
15,035.29
$52,223.02
Receipts
Interest on:
20M U.S. Treasury 4-7/8% Notes, Nov. 15, 1963 . . $ 975.00
16M U.S. Treasury 3-1/2% Bonds, Feb. 15, 1990 .. 560.00
Arlington Cooperative Bank Shares 400.00
Arlington Five Cents Savings Bank, Acct. #20095. . 65.25
North Avenue Savings Bank, Acct. #78755. . 123.76
Premium on Matured Treasury Notes 50.00
2,174.01 $54,397.03
Payments
Box Rent.
$ 6.00
Salaries
2,831.34
2,837.34 $51,559.69
Investment Transaction in 1963
20M U.S. Treasury 4-7/8% Notes, matured Nov. 15, 1963 Proceeds in Arlington National Bank pending reinvestment
Investments
16M U.S. Treasury 3-1/2% Bonds, Feb. 15, 1990 .. $15,960.00 50 Arlington Cooperative Bank Shares 10,000.00
Arlington Five Cents Savings Bank, Acct. #20095 . 1,217.73
Harvard Trust Co., Checking Account 894.46
North Avenue Savings Bank, Acct. #78755 3,000.00
Arlington National Bank. 20,487.50
$51,559.69
CHILDREN'S BOOK FUND
1963
Principal of Fund .
$ 5,000.00
Gain of Capital Assets. 8,390.85
$13,390.85
Balance of Income, December 31, 1962.
580.31
$13,971.16
293
TRUST AND INVESTMENT FUNDS
Receipts
Premium of Matured Notes $ 30.00 Interest on:
12M U.S. Treasury 4-7/8% Notes, Nov. 15, 1963 . . 585.00
Arlington Five Cents Savings Bank, Acct. #57012. . 76.26
Fund and Accumulated Income, December 31, 1963.
691.26 $14,662.42
Payments
Paid Bills per Vouchers on File . 232.16 · $14,430.26
Investment Transaction in 1963
12M U.S. Treasury 4-7/8% Notes, matured Nov. 15, 1963 Proceeds in Arlington National Bank pending reinvestment
Investments
Arlington Five Cents Savings Bank, Acct. #57012. . $ 2,137.76 Arlington National Bank .. 12,292.50
$14,430.26
HENRY E. DODGE LIBRARY FUND
1963
Balance of Fund, December 31, 1962 $ 104.18
Receipts
Interest on:
Arlington Five Cents Savings Bank, Acct. #217305
3.95
$ 108.13
Investments
Arlington Five Cents Savings Bank, Acct. #217305 $ 108.13
ROBBINS PRINT FUND
1963
Principal of Fund . $30,000.00
Balance of Income, December 31, 1962. 10,381.26 $40,381.26
Receipts
Interest on:
4M U.S. Treasury 4% Bonds, Feb. 15, 1980 ... .. $ 160.00
Arlington Five Cents Savings Bank, Acct. #200162 . 400.61
Union Savings Bank, Acct. #174637 985.84
1,546.45 $41,927.71
294
ARLINGTON TOWN REPORT
Payments
Paid Bills per Vouchers on File 303.77
$41,623.94
Investments
4M U.S. Treasury 4% Bonds, Feb. 15, 1980. . . $ 3,960.00 Arlington Five Cents Savings Bank, Acct. #200162 . 11,663.94
Union Savings Bank, Acct. #174637 26,000.00
$41,623.94
HENRY MOTT LIBRARY FUND
1963
Principal of Fund . $ 5,200.00
Gain of Capital Assets. 225.00
$ 5,425.00
Balance of Income December 31, 1962 2,429.73
$ 7,854.73
Receipts
Interest on:
5M U.S. Treasury 4% Bonds, Feb. 15, 1980. .. $ 200.00
Arlington Five Cents Savings Bank, Acct. #15101. 112.96
312.96
Fund and Accumulated Income, December 31, 1963.
$ 8,167.69
Investments
5M U.S. Treasury 4% Bonds, Feb. 15, 1980. . $ 4,950.00
Arlington Five Cents Savings Bank, Acct. #15101. . 3,217.69
$ 8,167.69
E. NELSON BLAKE LIBRARY FUND
1963
Principal of Fund . $ 4,000.00
Gain of Capital Assets. 696.57
$ 4,696.57
Balance Income, December 31, 1962 2,245.00
$ 6,941.57
Receipts
Interest on:
4M U.S. Treasury 4% Bonds, Feb. 15, 1980. $ 160.00
Arlington Cooperative Bank Shares . 80.00
Arlington Five Cents Savings Bank, Acct. #52201. . 39.95
279.95
Fund and Accumulated Income, December 31, 1963. $ 7,221.52
Investments
4M U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 3,960.00
10 Arlington Cooperative Bank Shares 2,000.00
Arlington Five Cents Savings Bank, Acct. #52201. 1,261.52
$ 7,221.52
295
TRUST AND INVESTMENT FUNDS
EMMA L. SPRAGUE LIBRARY FUND 1963
Principal of Fund . $17,938.48 7,881.76
Balance Income, December 31, 1962
$25,820.24
Receipts
Interest on:
25C U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 100.00
Charlestown Savings Bank, Acct. #253395. 304.88
South Boston Savings Bank, Acct. #224448. 693.92
1,098.80 $26,919.04
Disbursements
Paid Bill per Voucher on File.
250.30
Fund and Accumulated Income, December 31, 1963. $26,668.74
Investments
25C U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 2,475.00
Charlestown Savings Bank, Acct. #253395 7,343.22
South Boston Savings Bank, Acct. #224448. 16,850.52
$26,668.74
FRANCIS E. THOMPSON LIBRARY FUND
1963
Principal of Fund .. $ 8,181.54
Balance of Income, December 31, 1962. 3,778.81
$11,960.35
Receipts
Interest on:
6M U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 240.00
Arlington Cooperative Bank Shares . 80.00
Arlington Five Cents Savings Bank, Acct. #64753. . 81.10
Union Savings Bank, Acct. #173077
82.50
483.60
Func and Accumulated Income, December 31, 1963. $12,443.95
Investments
6M U.S. Treasury 4% Bonds, Feb. 15, 1980. $ 5,940.00
10 Arlington Cooperative Bank Shares . 2,000.00
Arlington Five Cents Savings Bank, Acct. #64753 . . 2,503.95
Union Savings Bank of Boston, Acct. #173077. 2,000.00
$12,443.95
SARAH ROSS VAUGHN MEMORIAL FUND 1963
Principal of Fund .
$ 1,000.00
Balance of Income, December 31, 1962 55.15
$ 1,055.15
296
ARLINGTON TOWN REPORT
Receipts
Interest on:
1M U.S. Treasury 4% Bonds, Feb. 15, 1980. $ 40.00 Arlington Cooperative Bank, Acct. #T417 3.29
43.29
Fund and Accumulated Income, Dec. 31, 1963
$ 1,098.44
Investments
1M U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 990.00
Arlington Cooperative Bank, Acct. #T417 108.44
$ 1,098.44
M. HELEN TEELE LIBRARY FUND
1963
Principal of Fund . $ 1,000.00
Balance of Income, December 31, 1962. 115.40
$ 1,115.40
Receipts
Interest on:
Arlington Five Cents Savings Bank, Acct. #201472 . $ 4.62
Union Savings Bank of Boston, Acct. #174638. . . . . 37.93
42.55
$ 1,157.95
Investments
Arlington Five Cents Savings Bank, Acct. #201472 . $ 157.95
Union Savings Bank of Boston, Acct. #174638. 1,000.00
$ 1,157.95
TIMOTHY WELLINGTON LIBRARY FUND
1963
Principal of Fund . $ 100.00
Balance of Income, December 31, 1962. 17.94
$ 117.94
Receipts
Interest on Arlington Five Cents Savings Bank, Acct. #15103 . 4.48 Fund and Accumulated Income, December 31, 1963. . .
$ 122.42
Investments
Arlington Five Cents Savings Bank, Acct. #15103
$
122.42
ELLEN W. HODGDON LIBRARY FUND 1963
Principal of Fund .
$ 1,000.00 Balance of Income, December 31, 1962. .
85.13
$ 1,085.13
297
TRUST AND INVESTMENT FUNDS
Receipts
Interest on:
1M U.S. Treasury 4% Bonds, Feb. 15, 1980 .. $ 40.00 Arlington Five Cents Savings Bank, Acct. #45368 4.11
44.11
Fund and Accumulated Income, Dec. 31, 1963
$ 1,129.24
Investments
1M U.S. Treasury 4% Bonds, Feb. 15, 1980 .. $ 990.00 Arlington Five Cents Savings Bank, Acct. #45368 . 139.24
$ 1,129.24
DEXTER RAWSON FAY LIBRARY FUND
1963
Principal of Fund . $ 1,741.60
Balance of Income, December 31, 1962.
154.05
$ 1,895.65
Receipts
Interest on:
15C U.S. Treasury 4% Bonds, Feb. 15, 1980 . .$ 60.00
Arlington Five Cents Savings Bank, Acct. #51672. . 16.35
76.35
Fund and Accumulated Income, December 31, 1963.
$ 1,972.00
Investments
15C U.S. Treasury 4% Bonds, Feb. 15, 1980 $ 1,485.00 Arlington Five Cents Savings Bank, Acct. #51672. . 487.00
$ 1,972.00
LOUISE GRUBER LIBRARY FUND
1963
Principal of Fund .. $ 2,000.00
Balance of Income, December 31, 1962.
383.34
$ 2,383.34
Receipts
Interest on:
2M U.S. Treasury 4% Bonds, Feb. 15, 1980. $ 80.00
North Avenue Savings Bank, Acct. #79392. 18.15
98.15
Fund and Accumulated Income, December 31, 1963.
$ 2,481.49
Investments
2M U.S. Treasury 4% Bonds, Feb. 15, 1980. $ 1,980.00
North Avenue Savings Bank, Acct. #79392 501.49
$ 2,481.49
298
ARLINGTON TOWN REPORT
NATHAN PRATT LIBRARY FUND
1963
Balance December 31, 1962
$ 1,520.14
Receipts
Interest on:
Arlington Five Cents Savings Bank, Acct. #40850. . $ 52.46
Cambridge Savings Bank, Acct. #179488. · 5.64
58.10
$ 1,578.24
Investments
Arlington Five Cents Savings Bank, Acct. #40850. . $ 1,436.48 Cambridge Savings Bank, Acct. #179488. 141.76
$ 1,578.24
FRANCIS A. COUGHLIN Town Treasurer
CARMEN T. FORITANO Town Accountant
ROBERT T. UEK, Chairman ROBERT J. BROSNAN MAUDE THOMPSON J. MILTON WASHBURN, JR. MOLLY F. YOOD Library Trustees
Cemetery Funds
PERPETUAL CARE FUND 1963
Fund, January 1, 1963 . $483,591.39
Received for Perpetual Care of Lots 20,864.00
$504,455.39
Receipts
Interest on:
First National Bank Stock $ 504.90
National Shawmut Bank Stock 520.00
U.S. Treasury Series K Bonds 690.00
U.S. Treasury 2-1/2% Bonds, 63/68. 750.00
U.S. Treasury 4-3/4% Bonds, May 15, 1964. 712.50
U.S. Treasury 2-1/2% Bonds, 64/69. 125.00
U.S. Treasury 2-1/2% Bonds, 65/70.
1,875.00
U.S. Treasury 2-1/2% Bonds, 66/71.
625.00
U.S. Treasury 2-1/2% Bonds, 67/72. . 157.50
U.S. Treasury 4% Bonds, Feb. 15, 1980
1,800.00
Southern California Edison Bonds
997.50
Pacific Gas and Electric 3% Bonds
150.00
American Tel. and Tel. Bonds . 968.75
1,394.87
Arlington Five Cents Savings Bank, Acct. #72902. . Boston Five Cents Savings Bank, Acct. #1039471 . . Cambridge Savings Bank, Acct. #159502
3,790.75
Charlestown Savings Bank, Acct. #233796
479.34
North Avenue Savings Bank, Acct. #78733. 820.36
Provident Institution for Savings, Acct. #603700. . 387.06
Suffolk Franklin Savings Bank, Acct. #4004834.
331.77
1,081.14
18,161.44 $522,616.83
TRUST AND INVESTMENT FUNDS
299
Payments
Box Rent.
$
9.00
Disbursed from Fund to Town. 18,152.44
18,161.44 $504,455.39
Investments
30M U.S. Treasury 2-1/2% Bonds, June 15, 63/68 . $ 30,000.00
5M U.S. Treasury 2-1/2% Bonds, June 15, 64/69 . 5,000.00
75M U.S. Treasury 2-1/2% Bonds, March 15, 65/70 75,000.00 25M U.S. Treasury 2-1/2% Bonds, March 15, 66/71 25,000.00 63C U.S. Treasury 2-1/2% Bonds, March 15, 67/72 6,300.00
15M U.S. Treasury 4-3/4% Notes, May 15, 1964. . . 14,962.50
25M U.S. Treasury Series K Bonds, Jan. 1, 1966 .. 25,000.00
45M U.S. Treasury 4% Bonds, Feb. 15, 1980 44,531.25
5M Pacific Gas and Electric Bonds 1970.
5,000.00
100 First National Bank Shares
4,175.00
34 First National Bank Shares dist. @ par
1,700.00
19 First National Bank Shares dist. @ par
237.50
200 National Shawmut Bank Shares .
5,000.00
25M American Tel. and Tel. Bonds, 7/1/90.
25,000.00
21M Southern California Edison Bonds, 7/1/82 21,000.00
Arlington Five Cents Savings Bank, Acct. #72902. . Boston Five Cents Savings Bank, Acct. #1039471
8,502.59
Cambridge Savings Bank, Acct. #159502
97,151.17
Charlestown Savings Bank, Acct. #233796
11,748.57
North Avenue Savings Bank, Acct. #78733 . 20,403.45
Provident Institution for Savings, Acct. #603700. 9,698.74
Suffolk Franklin Savings Bank, Acct. #4004834. 27,619.13
$504,455.39
SAMUEL C. BUCKNAM CEMETERY FUND
1963
Principal of Fund . $ 2,000.00
Income Account
Balance Income, January 1, 1963.
960.72
Interest on:
2M U.S. Treasury 3-1/4% Bonds, June 15, 83/78 . . $ 65.00
Arlington Five Cents Savings Bank, Acct. #12248 .. 36.51
101.51
$
3,062.23
Investments
2M U.S. Treasury 3-1/4% Bonds, June 15, 83/78 . . $ 2,000.00 Arlington Five Cents Savings Bank Acc't. #12248. 1,062.23
Fund and Accumulated Income, December 31, 1963. $ 3,062.23
ROBBINS CEMETERY FUND
1963
Principal of Fund .
$
5,000.00
41,425.49
300
ARLINGTON TOWN REPORT
Income Account
Balance Income, January 1, 1963. $ 2,547.70
Interest on: 5M U.S. Treasury 3-1/4% Bonds, June 15, 83/78 .. $ 162.50 Arlington Five Cents Savings Bank, Acct. #6758. . 96.84
259.34 $ 7,807.04
Disbursements
Paid Bill per Voucher on File. 58.80 $ 7,748.24
Investments
5M U.S. Treasury 3-1/4% Bonds, June 15, 83/78 .. $ 5,000.00 Arlington Five Cents Savings Bank, Acct. #6758. . . 2,748.24 $ 7,748.24
FRANCIS A. COUGHLIN
Town Treasurer
CARMEN T. FORITANO
Town Accountant
JOHN H. CALLAHAN, Chmn.
T. GORDON SMITH
ARTHUR L. MCAVOY
Cemetery Commissioners
Report of the Board of Commissioners of Trust Funds
E. NELSON BLAKE JR. MEMORIAL FUND
1963
Principal of Fund .
$
3,000.00
Receipts
Interest on:
3M U. S. Treasury 4%, Feb. 15, 1980 .. $ 120.00 Arlington Five Cents Savings Bank, Acct. #12541. . 2.68
Cambridge Savings Bank, Acct. #179490. 1.20
123.88 $ 3,123.88
Payments
Disbursed from Fund to Town.
123.88
$
3,000.00
Investments
3M U.S. Treasury 4%, Feb. 15, 1980 $ 2,970.00 Cambridge Savings Bank, Acct. #179490 30.00
$ 3,000.00
301
TRUST AND INVESTMENT FUNDS
MARY CUTTER POOR WIDOWS' FUND 1963
Principal of Fund .
Receipts
$
613.11
Interest on:
5C U.S. Treasury 2-1/2%, Dec. 15, 68/63 . $ 12.50 Arlington Five Cents Savings Bank, Acct. #15105 4.44
16.94 $ 630.05
Payments
Disbursed from Fund to Town. 16.94 $ 613.11
Investments
5C U.S. Treasury 2-1/2%, Dec. 15, 68/63 . $ 500.00 Arlington Five Cents Savings Bank, Acct. #15105. 113.11 $ 613.11
WILLIAM CUTTER SCHOOL FUND
1963
Principal of Fund .
Receipts
$
5,354.00
Interest on:
55C U.S. Treasury 2-1/2%, Dec. 15, 68/63 . . .
$ 137.50 Arlington Five Cents Savings Bank, Acct. #15102. . 8.67
146.17 $ 5,500.17
Payments
Disbursed from Fund to Town. 146.17 $ 5,354.00
Investments
55C U.S. Treasury 2-1/2%, Dec. 15, 68/63 $ 5,162.04 Arlington Five Cents Savings Bank, Acct. #15102. . 191.96 $ 5,354.00
EDWIN S. FARMER POOR WIDOW'S FUND
1963
Principal of Fund
$ 5,000.00
302
ARLINGTON TOWN REPORT
Receipts
Interest on:
5M U.S. Treasury 4%, Feb. 15, 1980 . $ 200.00 Arlington Five Cents Savings Bank, Acct. #40379. . 4.50 Cambridge Savings Bank, Acct. #179489. 2.00
206.50 $ 5,206.50
Payments
Disbursed from Fund to Town. 206.50 $ 5,000.00
Investments
5M U.S. Treasury 4%, Feb. 15, 1980 $ 4,950.00
Cambridge Savings Bank, Acct. #179489. 50.00 $ 5,000.00
EDWIN S. FARMER RELIEF FUND
1963
Principal of Fund. . $ 5,000.00
Gain of Capital Assets 145.00 $ 5,145.00
Receipts
Interest on:
3M U.S. Treasury 4%, Feb. 15, 1980 $ 120.00
Arlington Cooperative Bank Shares 80.00
Arlington Five Cents Savings Bank, Acct. #20873 . 9.67
Cambridge Savings Bank, Acct. #178870.
1.20
210.87 $ 5,355.87
Payments
Disbursed from Fund to Town.
210.87
$
5,145.00
Investments
3M U.S. Treasury 4%, Feb. 15, 1980 $ 2,970.00 10 Arlington Cooperative Bank Shares 2,000.00
Arlington Five Cents Savings Bank, Acct. #20873 . . 145.00
Cambridge Savings Bank, Acct. #178870 30.00 $ 5,145.00
JULIA FILLEBROWN FUND
1963
Principal of Fund .
Receipts $ 100.00
3.82
Interest on Arlington Five Cents Savings Bank, Acct. #15841 . $ 103.82
303
TRUST AND INVESTMENT FUNDS
Payments
Disbursed from Fund to Town. 3.82 $ 100.00
Investments
Arlington Five Cents Savings Bank, Acct. #15841
$
100.00
ANNIE L. HILL POOR WIDOWS' FUND
1963
$
2,000.00
Principal of Fund .
Receipts
Interest on:
2M U.S. Treasury 2-1/2%, Dec. 15, 68/63 ... .. . $ 50.00
Arlington Five Cents Savings Bank, Acct. #61578. .
.46
50.46 $ 2,050.46
Payments
Disbursed from Fund to Town. 50.46 $ 2,000.00
Investments
2M U.S. Treasury 2-1/2%, Dec. 15, 68/63. $ 2,000.00
MARIA L. HILL POOR WIDOWS' FUND
1963
Principal of Fund .
·
$
2,000.00
Receipts
Interest on:
2M U.S. Treasury 4%, Feb. 15, 1980 $ 80.00
Arlington Five Cents Savings Bank, Acct. #67336 .
2.16
82.16 $ 2,082.16
Payments
Disbursed from Fund to Town. 82.16 $ 2,000.00
Investments
2M U.S. Treasury 4%, Feb. 15, 1980 $ 1,990.00
Arlington Five Cents Savings Bank, Acct. #67336 . 10.00 $ 2,000.00
304
ARLINGTON TOWN REPORT
MUNICIPAL BUILDINGS INSURANCE FUND
1963
Fund and Accumulated Income, December 31, 1962. $107,479.50
Gain of Capital Assets. . 62.51
$107,542.01
Receipts
Interest on:
Arlington Five Cents Savings Bank, Acct. #40412. . $ 1,351.49
Cambridge Savings Bank, Acct. #178038. 1,033.54 Cambridgeport Savings Bank, Acct. #254223 1,950.07
4,335.10 $111,877.11
Investments
Arlington Five Cents Savings Bank, Acct. #40412. . $36,888.77 Cambridge Savings Bank, Acct. #178038. 26,488.18
Cambridgeport Savings Bank, Acct. #254223 48,500.16
Fund and Accumulated Income, December 31, 1963
$111,877.11
NATHAN PRATT HIGH SCHOOL FUND
1963
Principal of Fund .
$ 25,000.00
Receipts
Interest on:
25M U.S. Treasury 4%, Feb. 15, 1980. $ 1,000.00 Arlington Five Cents Savings Bank, Acct. #40413 . . 22.64 Cambridgeport Savings Bank, Acct. #249281 10.32
1,032.96 $ 26,032.96
Payments
Disbursed from Fund to Town. 1,032.96 $ 25,000.00
Investments
25M U.S. Treasury 4%, Feb. 15, 1980. $24,750.00 Cambridgeport Savings Bank, Acct. #249281 250.00
$ 25,000.00
NATHAN PRATT POOR WIDOWS' FUND
1963
Principal of Fund .
$ 5,000.00
305
TRUST AND INVESTMENT FUNDS
Receipts
Interest on:
5M U.S. Treasury 4%, Feb. 15, 1980 $ 200.00 Arlington Five Cents Savings Bank, Acct. #40450. . 4.50
Cambridge Savings Bank, Acct. #179488 . 2.00
206.50 $ 5,206.50
Payments
Disbursed from Fund to Town. 206.50 $ 5,000.00
Investments
5M U.S. Treasury 4%, Feb. 15, 1980 $ 4,950.00
Cambridge Savings Bank, Acct. #179488 50.00 $ 5,000.00
ROBBINS HOUSE MAINTENANCE FUND
1963
Principal of Fund .
$ 48,189.03
Receipts
Interest on:
13M U.S. Treasury 2-1/2%, June 15, 64/69. $ 325.00
5M U.S. Treasury 3-1/2%, Nov. 15, 1980. 175.00
7M U.S. Treasury 2-1/2%, June 15, 67/72. 175.00
22M U.S. Treasury 4%, Feb. 15, 1980. 880.00
Cambridge Savings Bank, Acct. #164923 .
16.36
1,571.36 $ 49,760.39
Payments
Box Rent.
$ 12.00
Disbursed from Fund to Town.
1,559.36
1,571.36 $ 48,189.03
Investment Transaction
1M U.S. Treasury 2-3/4%, June 15, 60/65 Bonds recalled by Treasury De- partment. Principal Deposited in Arlington Five Cents Savings Bank.
Investments
13M U.S. Treasury 2-1/2%, June 15, 64/69. $13,000.00
5M U.S. Treasury 3-1/2%, Nov. 15, 1980. 5,000.00
7M U.S. Treasury 2-1/2%, June 15, 67/72. 7,000.00
22M U.S. Treasury 4%, Feb. 15, 1980. . 21,780.00
Cambridge Savings Bank, Acct. #164923. 409.03 Arlington Five Cents Savings Bank, Acct. #223721 . 1,000.00
$ 48,189.03
306
ARLINGTON TOWN REPORT
ROBBINS SCHOLARSHIP FUND 1963
Principal of Fund . $ 10,000.00
Balance of Income, December 31, 1962 212.15
$ 10,212.15
Receipts
Interest on:
10M U.S. Treasury 4%, Feb. 15, 1980. .
$
400.00
Arlington Cooperative Bank Shares, Acct. #1631
16.03
416.03 $ 10,628.18
Payments
Disbursed from Fund for Scholarships in 1963. 400.00
Fund and Accumulated Income, Dec. 31, 1963 $ 10,228.18
Investments
10M U.S. Treasury 4%, Feb. 15, 1980. . $ 9,900.00 Arlington Cooperative Bank Shares, Acct. #1631 328.18
$ 10,228.18
M. M. W. RUSSELL POOR WIDOWS' FUND
1963
Principal of Fund .
$
1,704.23
Receipts
Interest on:
15C U.S. Treasury 2-1/2%, Dec. 15, 68/63 $ 37.50
Arlington Five Cents Savings Bank, Acct. #439 8.20
45.70
$
1,749.93
Payments
Disbursed from Fund to Town.
45.70
$
1,704.23
Investments
15C U.S. Treasury 2-1/2%, Dec. 15, 68/63 $ 1,500.00 Arlington Five Cents Savings Bank, Acct. #439 204.23 $ 1,704.23
M. M. W. RUSSELL SCHOOL FUND
1963
Principal of Fund.
$ 5,327.86
307
TRUST AND INVESTMENT FUNDS
Receipts
Interest on:
55C U.S. Treasury 2-1/2%, Dec. 15, 68/63 . $ 137.50 Arlington Five Cents Savings Bank, Acct. #9373. . 7.68
145.18 $ 5,473.04
Payments
Disbursed from Fund to Town. 145.18 $ 5,327.86
Investments
55C U.S. Treasury 2-1/2%, Dec. 15, 68/63 $ 5,162.04 Arlington Five Cents Savings Bank, Acct. #9373. . 165.82 $ 5,327.86
SOLDIERS' MONUMENT FUND
1963
Principal of Fund .
$ 2,000.00
Balance of Income, January 1, 1963 1,330.62 $ 3,330.62
Receipts
Interest on:
2M U.S. Treasury 3-1/4%, June 15, 83/78 .. $ 65.00
Arlington Five Cents Savings Bank, Acct. #6977. 49.46
114.46 $ 3,445.08
Payments
Cleaning and Decorating Monuments 80.00 $ 3,365.08
Investments
2M U.S. Treasury 3-1/4%, June 15, 83/78 .. $ 2,000.00 Arlington Five Cents Savings Bank, Acct. #6977. 1,365.08
Fund and Accumulated Income, December 31, 1963. $ 3,365.08
EMMA L. SPRAGUE POOR WIDOWS' FUND
1963
Principal of Fund
$ 17,938.47
Receipts
Interest on:
17M 5C U.S. Treasury 4%, Feb. 15, 1980 $ 700.00
Charlestown Savings Bank, Acct. #253396. 31.92
Arlington Cooperative Bank, Acct. #T8302 12.28
744.20
$ 18,682.67
308
ARLINGTON TOWN REPORT
Payments
Disbursed from Fund to Town. 744.20
. . $ 17,938.47
Investment Transaction
Transferred Balance of $995.39 from Charlestown Savings Bank to Arlington Cooperative Bank August 7, 1963
Investments
17M 5C U.S. Treasury 4%, Feb. 15, 1980. . $17,325.00
Arlington Cooperative Bank, Acct. #T8302 613.47
$ 17,938.47
FRANCIS E. THOMPSON SCHOLARSHIP FUND
1963
Principal of Fund. .
$436,931.64
Gain on Sale of Capital Assets 3,772.50
$440,704.14
Balance of Income not distributed in 1962
12,978.34
$453,682.48
Receipts
Interest on:
45M U.S. Treasury 5%, August 1964 .. $ 2,250.00
55M U.S. Treasury 4-5/8%, May 1965 2,543.76
112M U.S. Treasury 3-5/8%, November 1967 4,060.00
53-1/2M U.S. Treasury 4%, February 1980. 2,140.00
50M U.S. Treasury 3-1/2%, November 1980
1,750.00
100M U.S. Treasury 3-1/2%, February 1990.
3,500.00
25M International Bank of Reconstruction and
Development 4-1/4%, January 1979. 1,062.50
Arlington Five Cents Savings Bank, Acct. #66122. . 497.33
17,803.59 $471,486.07
Payments
Disbursed from Fund for Scholarships in 1963.
17,700.00
$453,786.07
Investments
45M U.S. Treasury 5%, August 1964 $45,000.00
55M U.S. Treasury 4-5/8%, May 1965 55,000.00
112M U.S. Treasury 3-5/8%, November 1967 . 112,000.00
53-1/2M U.S. Treasury 4%, February 1980. . 52,953.80
50M U.S. Treasury 3-1/2%, November 1980
50,000.00
25M
100M U.S. Treasury 3-1/2%, February 1990. .. 100,000.00 International Bank of Reconstruction and Development 4-1/4%, January 1979 . . . 25,000.00
Arlington Five Cents Savings Bank, Acct. #66122. . 13,782.27
Arlington National Bank, Checking Account . 50.00
$453,786.07
309
TRUST AND INVESTMENT FUNDS
Workmen's Compensation Fund
1963
Appropriated at Annual Town Meeting 1963 .
$ 42,000.00
Receipts
Interest on: Arlington Five Cents Savings Bank, Acct. #65361. 1,052.51
$ 43,052.51
Payments
Disbursed from Fund to Town.
$ 43,052.51
FRANCIS A. COUGHLIN
Town Treasurer
CARMEN T. FORITANO
Town Accountant
IRA M. JONES, Chairman JOSEPH P. HEALEY HARRY H. BALDWIN, III
Trust Fund Commissioners
310
ARLINGTON TOWN REPORT
Statement of the Collector of Taxes and Town Collector for the Year 1963
Collection Credits
Balance Uncollected Dec. 31, 1963
Taxes:
1960 Real Estate
$
87.42
$
1960 Motor Excise
357.68
5,094.34
1960 Poll
40.00
1961 Personal
165.20
2,195.84
1961 Real Estate
.83
1961 Motor Excise
10,967.98
13,425.38
1961 Poll
246.00
698.00
1962 Personal
3,819.09
4,808.41
1962 Real Estate
97,294.95
4,709.06
1962 Motor Excise
153,277.87
19,073.72
1962 Poll
168.00
1,374.00
1963 Personal
444,119.49
10,334.79
1963 Real Estate
6,939.427.52
109,852.32
1963 Motor Excise
822,971.99
183,429.74
1963 Poll
20,350.00
4,528.00
Special Assessments and Water Liens: Moth (added to 1962 Taxes)
43.55
-
Water Liens (added to 1962 and 1963 Taxes)
11,790.71
1,118.11
Apportioned Assessments:
Sewer.
2,344.15
361.49
Sidewalk .
3,694.27
167.55
Street Betterment.
31,802.63
1,670.66
Water Main .
162.84
Unapportioned Assessments:
Sewer.
7,026.41
5,927.03
Sidewalk
5,859.28
2,971.57
Street Betterment.
25,148.28
31,850.20
Water Main .
2,919.47
4,438.27
Committed Interest:
Sewer, Sidewalk, Street Betterment and
Water Main .
11,703.01
742.77
Apportioned Assessments - Not Due:
Sewer.
1,088.84
9,369.10
Sidewalk .
229.78
14,048.19
Street Betterment.
14,262.89
204,089.20
Water Main .
254.40
1,076.11
Water Rates
442,493.52
74,102.54
Departmental.
2,359,609.78
270,176.06
Interest Added .
6,285.92
Costs, Charges and Fees
3,167.95
$11,423,141.70
$981,672.45
.
FRANCIS A. COUGHLIN Collector of Taxes and Town Collector
311
REPORT OF THE CONTRIBUTORY RETIREMENT SYSTEM
Report of the Contributory Retirement System
1963
Balance - January 1, 1963
$1,623,327.99
Contributions - Employees.
160,623.01
Interest on Investments
66,440.89
Appropriation - Town
128,844.00
$1,979,235.89
EXPENDITURES
Pensions
$ 159,049.20
Refunds
24,518.02
Expenses
3,108.35
186,675.57
Balance, December 31, 1963.
$1,792,560.32
INVESTMENTS
Harvard Trust Company - Checking Account $ 8,060.32
South Boston Savings Bank . .
20,000.00
Provident Institution for Savings
50,000.00
Suffolk Franklin Savings Bank.
5,000.00
Boston Five Cents Savings Bank
37,500.00
Charlestown Savings Bank
50,000.00
Eliot Savings Bank
20,000.00
Home Savings Bank.
50,000.00
U.S. Treasury 4% Notes - 8/15/66.
85,000.00
U.S. Treasury 2-1/2% Bonds - 6/15/62-67 .
40,000.00
U.S. Treasury Notes 4-3/4% - 5/15/64.
52,000.00
U.S. Treasury Notes 5% - 8/15/64.
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