Town of Lynnfield, Essex County, Commonwealth of Massachusetts, annual report 1921-1930, Part 41

Author: Lynnfield (Mass.)
Publication date: 1921-1930
Publisher: The Town
Number of Pages: 1126


USA > Massachusetts > Essex County > Lynnfield > Town of Lynnfield, Essex County, Commonwealth of Massachusetts, annual report 1921-1930 > Part 41


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600.00


Dividends in 1928 . .


372.92


$ 9,033.06


Withdrawn for care of endowed lots


311.75


$ 8,721.31


Deposited as follows:


Wildey Savings Bank. $ 1,191.90


Wakefield Savings Bank


3,768.34


Mechanics Savings Bank


3,461.07


Liberty Bonds . . . . 300.00 $ 8,721.31


69


INCOME, EXPENSE AND BALANCE OF EACH FUND


On Deposit 12-31 27


Income 1928


1928


12-31-28


Charles F. Abbott


$ 107.82


$ 4.89


$ 4.00


$ 108.71


Henry Bancroft


334.31


15.19


7.00


342.50


Joseph T. Bancroft


101.74


4.61


4.00


102.35


Warren Bancroft


100.00


4.25


4.25


100.00


Thomas D. Blake


119.96


5.43


6.00


119.39


Albert R. Bryant


112.80


5.11


4.00


113.91


Jonathan Bryant


107.01


4.86


4.00


108.87


John Bryant


94.25


4.28


1.00


97.53


Thomas J. Carson


.38


100.38


Matthew Cox


129.14


5.87


7.00


128.01


Jeremiah Coney


164.14


7.45


6.00


165.59


Sarah J. Coney


112.41


5.09


5.50


112.00


Daniel P. Cook


100.00


4.25


4.25


100.00


George S. Danforth


104.08


4.73


4.00


104.81


John M. Danforth


101.25


4.59


5.50


100.34


Mary A. Danforth


109.60


4.97


4.00


110.57


Abel B. Davis


100.00


Edward Downing


105.11


4.82


5.50


104.43


Oliver Downing


104.96


4.73


4.00


105.69


William C. Duncanson


100.00


4.25


4.25


100.00


Adelia C. Emerson


79.43


3.60


3.00


80.03


Emerson & Orne


94.90


4.30


1.00


98.20


Charles H. Getchell


107.73


4.89


4.00


108.62


Elbridge Gerry


1.88


101.88


Elbridge F. Gerry


3.75


203.75


Lucy E. Gowing


55.57


2.50


1.00


57.07


Esther W. M. Gilman


241.23


10.96


5.00


247.19


Endicott Hart


55.57


2.50


1.00


57.07


John E. Hastings


112.71


5.11


4.00


113.82


Mary B. Hawkes


114.87


5.20


4.00


116.07


George E. Herrick


102.28


4.64


4.00


102.92


Joseph Hobson


107.71


4.89


4.00


108.60


Joshua Hewes


104.56


4.73


5.00


104.29


Joseph Hart


161.40


7.33


6.00


162.73


Daniel Hood


101.72


4.59


4.00


102.31


Jacob Hood


114.46


5.20


4.00


115.66


John N. Hooper


102.25


4.64


4.00


102.89


George E. Lambert, Jr.


2.25


102.25


R. & M. Mansfield


108.47


4.91


5.00


108.38


George J. Mansfield


106.17


4.82


5.00


105.99


Viola E. McNiel


102.28


4.64


4.00


102.92


Joseph S. Moulton


107.68


4.89


112.57


Expense On Depos-


70


A. Brigham Munroe


104.06


4.73


5.50


103.29


Daniel Needham


123.00


5.58


6.00


122.58


Helen D. Newcomb


110.10


5.00


6.00


109.10


James H. Newhall


118.06


5.36


5.00


118.42


Joseph C. Newhall


95.66


4.32


3.00


96.98


Warren Newhall


108.13


4.91


5.50


107.54


Wright Newhall


111.57


5.07


4.00


112.64


James Norwood


102.57


4.64


4.00


103.21


Thomas B. Parker


103.49


4.68


3.00


105.17


David F. Parsons


110.96


5.02


5.50


110.48


Israel Parsons


112.46


5.09


4.00


113.55


Ebenezer Parsons


129.09


5.85


6.00


128.94


Esther R. Perkins


111.72


5.07


5.50


111.29


John H. Perkins


205.91


9.34


9.50


205.75


M. C. Pope


104.13


4.73


5.50


103.36


Charlotte M. Ramsdell


143.14


6.51


5.00


144.65


Herbert Richardson


89.80


4.05


2.00


91.85


Moses Richardson


120.79


5.47


6.00


120.26


John W. Ross


104.80


4.75


4.00


105.55


Nathaniel Ross


102.79


4.66


5.50


101.95


Elbridge Russell


234.50


10.65


11.00


234.15


Lois Shute


104.99


4.75


4.00


105.74


George Skinner


105.25


4.77


4.00


106.02


Herbert A. Skinner


109.59


4.97


4.00


110.56


William Skinner


154.05


7.00


7.00


154.05


William Smith


105.68


4.79


4.00


106.47


Bowman Viles


1.07.31


4.86


4.00


108.17


Thomas B. Wellman


209.94


9.52


8.00


211.46


Amanda Wiley


113.80


5.15


4.00


114.95


Jacob Wiley


106.46


4.82


5.00


106.28


Mary E. Wiley


106.77


4.84


4.00


107.61


$8,060.14


$372.92


$311.75


$8,721.31


TREASURER'S RECEIPTS AND CASH BALANCE


Cash balance January 1, 1929


$ 6,890.44


Loans in anticipation of revenue.


60,000.00


Loan for Main St., construction


8,000.00


Essex County Dog Tax refunded


248.25


Interest George N. Blake Library Fund.


210.00


Interest Mary U. Nash Library Fund


50.00


Interest George L. Hawkes Library Fund


22.50


Interest Adelia J. Clough Library Fund.


13.64


Fines collected Main Library


22.90


Fines collected Branch Library 38.90


.


.


71


Books sold by Library


.60


Int. from Cemetery Endowments withdrawn.


311.75


Cemetery lots, sold . .


165.00


Rent Town Hall


284.00


Rent South Hall


95.00


Fees collected by sealer


32.82


Collected by Moth Department


385.95


Refund School Department


128.68


Refunds various


357.24 .40


Building permits


72.00


Court fines


268.50


Highway Department


160.73


Compensation fund withdrawn


6.00


Junk licenses


15.00


Licenses milk


18.50


Licenses and permits


115.00


School Dept., sale of pump


35.00


Nash Improvement fund stage curtain.


325.23


L. C. C. League stage curtain.


84.77


Fireman's association stage curtain. .. .


25.00


Fire Dept., sale of tires.


5.00


School Retirement Fund


674.50


City of Lynn, Mothers' Aid.


416.00


Essex County for Main St ..


4,196.17


Commonwealth for Main St ..


4,196.16


Commonwealth Mothers' Aid


156.00


Commonwealth Moth Tax


12.75


Commonwealth State Licenses.


18.00


Commonwealth State Aid


168.00


Commonwealth Veteran Exemption


67.42


Commonwealth Tuition


326.88


Commonwealth Vocation School


142.12


Commonwealth Account Supt. School Salary.


290.02


Commonwealth Transportation H. School.


3,995.13


Commonwealth Corporation Tax Business 1927


54.03


Commonwealth Corporation Tax P. S. 1925-6-7


49.19


. Commonwealth Corporation Tax 1928.


582.77


Commonwealth Corporation Tax Public Service in 1928


614.69


Commonwealth Income Tax 1927.


360.00


Commonwealth Income tax 1928.


8,770.00


Commonwealth National Bank Tax


180.07


Commonwealth Trust Co. Tax.


72.29


Wakefield Trust Co., interest Treasurer daily balance. 91.01


Wakefield Trust Co., interest collector daily balance


115.03


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Telephone calls


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72


1


Collector of Taxes tax titles


5.00


Collector of Taxes, Taxes 1922-23-24 18.46


Collector of Taxes, Taxes of 1926.


112.47


Collector of Taxes, Poll tax 1927


.


Collector of Taxes, Tax of 1927.


18,835.35


Collector of Taxes, Moth tax 1927.


37.50


Collector of Taxes, Dec. assessment


1927.


443.20


Collector of Taxes, Tax of 1928.


57,008.25


Collector of Taxes, Moth tax 1928.


25.50


Collector of Taxes, Dec. assessment 1928


698.80


Collector of Taxes, 1928 Poll tax


944.00


Collector of Taxes, Interest 1926 tax


2.98


Collector of Taxes, Interest 1927 tax


580.53


Collector of Taxes, Interest 1928 tax


21.56


$182,667.13


Treasury Warrants Paid


$171,059.97


On deposit Wakefield Trust Co. 11,607.16


$182,667.13


The borrowing capacity of the Town on temporary notes in antici- pation of revenue of 1928 was $94,877.01, as determined by the State Director of Accounts.


The Town borrowed in anticipation of revenue, $60,000.00. List of Loans with interest and date of payment follows:


April 2 $10,000.00 @ 3.75% discount paid November 1.


May 21 $20,000.00 @ 4 % discount paid October 21.


June 22 $10,000.00 @ 4.50% discount paid December 15.


Sept.


4


$10,000.00 @ 4.50% discount paid December 20.


Dec. 26 $10,000.00 @ 4.50% discount paid December-June 26, 1929.


On October 13th the Town borrowed for Highway construction, $8,000.00, interest rate 4.25%. Payable $2,000.00 yearly, 1929-1932 in- clusive.


Respectfully submitted,


FRANKLIN W. FREEMAN, Treasurer.


73


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STATE AUDIT


THE COMMONWEALTH OF MASSACHUSETTS


Department of Corporations and Taxation, Division of Accounts State House, Boston, June 13, 1928.


To the Board of Selectmen,


Mr. Frank C. Newhall, Chairman, Lynnfield, Massachusetts.


Gentlemen:


I submit herewith my report of an audit of the accounts of the town of Lynnfield for the period from January 1, 1927 to March 17, 1928, made in accordance with the provisions of Chapter 44 of the General Laws. This report is in the form of a report made to me by Mr. Edward H. Fenton, Chief Accountant of this Division.


Very truly yours,


THEODORE N. WADDELL,


Director of Accounts.


TNW/AMH


Mr. Theodore N. Waddell,


Director of Accounts,


Department of Corporations and Taxation, State House, Boston.


Sir:


As directed by you, I have made an audit of the books and accounts of the town of Lynnfield for the period from January 1, 1927 to March. 17, 1928, and submit the following report thereon:


The finanial transactions of the town as recorded on the books of the several departments receiving or disbursing money for the town were examined and reconciled with the town accountant's books.


The books and accounts of the collector and treasurer, as treasurer,. were examined and checked. The recorded receipts were checked with the records in the several departments collecting money for the town and with the other sources from which money was paid into the town treasury; and the records of payments were checked by a comparison of the approved treasury warrants with the cancelled checks drawn by the treasurer for the payment of the warrants authorizing him to disburse town funds. The cash books were footed throughout for the period covered by the audit, errors in payments during 1926 and 1927 were adjusted, and the corrected cash balance March 17, 1928, was reconciled with a statement furnished by the bank of deposit.


As may be seen from the appended table showing a reconciliation of the treasurer's cash on March 17, 1928, the corrected cash balance as of that date was $1,539.34, while the balance according to the accountant's. ledger amounted to $3,047.83. In order to reconcile this variation, the treasurer's cash account, as shown on the accountant's ledger, should be credited on March 17, 1928, with a payment of $2,085.00 for debt and interest in anticipation of a treasury warrant, while the same account


74


should be charged with underpayments in 1926 and in 1927 amounting to $12.23 and $39.28, respectively, as well as with $525.00 representing warrants drawn and unpaid.


The treasurer's cash on March 17, 1928, was found to be $455.57 in. excess of the corrected cash balance, in which connection it is recom- mended that the treasurer make a determined effort to reconcile his cash book balance with the bank balance at least monthly, keeping per- sonal funds separate from town cash. Receipts should be entered on the. cash book promptly, and deposits in the bank should represent accurately the aggregate receipts for a given period.


The accounts of the treasurer and collector, as tax collector, were examined and checked. The commitments of taxes for the levies of 1922 and 1927, inclusive, were analyzed and compared with the assessors' war- rants, the abatements were checked with the assessors' records of abate- ments granted, the collections were checked with the collector's pay- ments to the treasurer, and the outstanding accounts were listed and proved with the accountant's ledger.


Verification notices were sent to a number of persons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the accounts, as listed, are correct.


After the necessary adjustments of errors and omissions in the collector's accounts were made, the collector's cash was found to be $120.71 over, due probably to some collection not posted to the commit- ment book.


The books and accounts of the town accountant were examined and checked in detail. The recorded receipts were checked with the rec- ords in the several departments collecting money for the town and with the treasurer's cash book, and the expenditures were checked with the selectmen's warrants authorizing payments by the treasurer.


In checking the payments it was noted that a large number of the warrants were signed by only one selectman, and that many bills of pre- vious years were paid from the current year's appropriations. Greater care should be exercised in the preparation of the treasury warrants, with a view to eliminating duplicate or erroneous payments. The prac- tice of paying old bills from current appropriations should be discon- tinued and specific appropriations should be voted by the town before such bills may be paid by the treasurer.


The appropriation accounts were examined and checked with the town clerk's record of appropriations voted by the town, the ledger ac- counts were analyzed and adjusted, and a balance sheet, which is ap- pended to this report, was prepared showing the financial condition of the town on March 17, 1928.


The several trust funds in the custody of the town treasurer were examined, the income and disbursements being verified.


In addition to the departments and accounts mentioned above, the


75


accounts of all other departments collecting money for the town were examined and checked.


Appended to this report are tables showing a reconciliation of the treasurer's cash, summaries of the tax and departmental accounts, to- gether with tables showing the trust fund transactions.


For the courtesy extended by the several town officials during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation.


Respectfully submitted, EDWARD H. FENTON, Chief Accountant.


EHF/AMH


RECONCILIATION OF TREASURER'S CASH


Balance January 1, 1926, per cash book


$ 5,622.62


Receipts 1926, per cash book


112,447.45


Errors in payments :


Warrant No. Amount Check No. Amount Paid


14


$48.00


13,763


$44.00


$4.00


17


46.75


13,818


46.25


.50


21


16.50


13,913


16.00


.50


33


125.63


14,245


123.50


2.13


44


5.00


14,523


4.90


.10


28


5.00 duplicated on warrant 5.00


12.23


$118,082.30


Warrants drawn 1926


$117,514.95


Corrected balance December 31, 1926


567.35


$118,082.30


Corrected balance January 1, 1927


$ 567.35


Receipts 1927, per cash book


158,666.68


Errors in payments :


Warrant No. Amount Check No. Amount Paid


22


$ 85.50


15,218


$ 85.00


$ .50


27


165.95


15,257


165.90


.05


38


67.32


15,663


53.22


14.10


57


97.50


16,087


84.50


13.00


58


57.25


16,117


55.25


2.00


49


47.15


15,916


43.50


3.65


14


.10


none


.10


22


10


-


none


.10


28


.13


none


.13


38


5.65


-


none


5.65


39.28


$159,273.31


76


Warrants drawn 1927


Corrected balance December 31, 1927


$152,331.36 6,941.95


$159,273.31


Corrected balance January 1, 1928


$ 6,941.95


Receipts January 1 to March 17, 1928


6,342.13


Unpaid warrants March 17, 1928


525.00


$13,809.08


Warrants drawn January 1 to March 17, 1928


$10,184.74


Payments January 1 to March 17, 1928


in advance of warrants


2,085.00


Corrected balance March 17, 1928


1,539.34


$13,809.08


WAKEFIELD TRUST COMPANY


Corrected balance March 17, 1928


$ 1,539.34


Outstanding checks March 17, 1928, per list


3,546.21


Cash over March 17, 1928


455.57


$ 5,541.12


Balance March 17, 1928, per statement


$ 5,427.55


Due from collector's cash, on account of refund of duplicate payment from treasurer's cash


113.57


$ 5,541.12


TAXES-1922


Commitment per warrant


$63,371.77


Additional commitment


213.88


Commitment list in excess of warrant


1.03


Payments to treasurer, per town reports:


1922


$45,030.68


1923


13,387.70


1924


4,307.28


$62,725.66


Abatements, per town reports:


1922


$ 361.03


1923


498.96


859.99


Due from collector March 17, 1928


1.03


$63,586.68


TAXES-1923


Commitment per warrant Additional commitment


$56,293.79


38.88


Commitment list in excess of warrant


16.04


$56,348.71


77


$63,586.68


Payments to treasurer, per town reports:


1923


$40,896.95 14,553.03


1925


50.87


$55,500.85


Abatements:


1923


$ 333.23


1924


498.59


831.82


Due from collector March 17, 1928


16.04


$56,348.71


TAXES-1924


Commitment per warrant


$55,197.03


Additional commitments


450.09


Commitment list in excess of warrant


1.39


$55,648.51


Payments to treasurer, per town reports:


1924


$41,094.07 14,176.05


$55,270.12


. Abatements:


1924


$ 165.29


1925


211.71


Due from collector March 17, 1928


1.39


$55,648.51


TAXES-1925


Commitment per warrant


$58,616.60


Additional commitment


102.19


Payments to treasurer:


1925


$47,714.80


1926


10,573.38


$58,288.18


Abatements:


1925


$ 262.89


1926


167.72


430.61


-


$58,718.79


TAXES-1926


Commitment per warrant Additional commitment Commitment list in excess of warrant


$61,279.63


96.20


.31


$61,376.14


78


$58,718.79


1925


377.00


1924


Payments to treasurer Abatements


$49,595.57 236.10 11,544.47


$61,376.14


Outstanding January 1, 1927


$11,544.47


Overpayment not refunded


.50


Interest credited as taxes


3.00


$11,547.97


Payments to treasurer


$11,005.31


Abatements


402.69


Outstanding December 31, 1927 and March 17, 1928


42.00


Due from collector December 31, 1927 and March 17, 1928


97.97


$11,547.97


TAXES-1927


Commitment per warrant


$86,327.38


Additional commitment


513.68


Commitment list in excess of warrant


.04


Moth 1927 credited as taxes


.25


Overentry on cash book


360.10


Overpayments to treasurer


3.73


Overpayment not refunded


.10


$87,205.28


Payments to treasurer


$66,612.20


Abatements


170.17


Outstanding December 31, 1927


20,422.91


$87,205.28


Outstanding January 1, 1928


$20,422.91


Payments to treasurer January 1 to March 17, 1928


$ 5,065.17


Abatements not reported to accountant


60.94


Taxes credited as interest


.55


Collections not entered on cash book


60.94


Outstanding March 17, 1928, per list


13,420.27


Cash on hand March 17, 1928


1,815.04


$20,422.91


MOTH ASSESSMENTS-1924


Commitment per warrant


$ 518.75


Payments to treasurer:


1924


$ 220.75


1925


256.00


$ 476.75


Abatements:


1925


42.00


$ 518.75


79


Outstanding December 31, 1926


MOTH ASSESSMENTS-1925


Commitment per warrant


$ 90.00


Payments to treasurer: 1925


$ 62.25


1926


27.75


$ 90.00


MOTH ASSESSMENTS-1926


Commitment per warrant


$ 20.50


Payments to treasurer


$ 18.00


Outstanding December 31, 1926


2.50


$


20.50


Outstanding January 1, 1927


$


2.50


Payments to treasurer 1927


$


2.50


MOTH ASSESSMENTS-1927


Commitment per warrant


$ 100.00


Commitment list in excess of warrant


3.00


Overpayments to treasurer


3.00


Payments to treasurer


$ 65.25


Moth 1927 credited as taxes 1927


.25


Outstanding December 31, 1927


40.50


$ 106.00


Outstanding January 1, 1928


$ 40.50


Payments to treasurer January 1 to


March 17, 1928


$ 15.00


Outstanding March 17, 1928, per list


24.50


Due from collector March 17, 1928


1.00


$ 40.50


RECONCILIATION OF TOWN COLLECTOR'S CASH Balance due March 17, 1927:


Taxes 1922


$ 1.03


Taxes 1923


16.04


Taxes 1924


1.39


Taxes 1926


97.97


Taxes 1927


1,512.15


Moth 1927


1.00


Interest on taxes


33.61


Collector's fees


11.60


Interest on bank balance


40.00


Due treasurer's account


113.57


Due water district cash


19.51


$ 1,847.87


Cash over March 17, 1928


120.71


$ 1,968.58


80


$ 106.00


Overpayments to treasurer, moth 1927 $ 3.00


Balance per statement Wakefield Trust


Company, March 17, 1928


1,898.99


Cash in office March 17, 1928


66.59


$ 1,968.58


RECONCILIATION OF WATER DISTRICT COLLECTOR'S CASH Balance due March 17, 1928:


Taxes 1926


$ 12.19


Taxes 1927


427.39


Interest on taxes, 1926


.58


Collector's fees


9.60


$ 449.76


Balance Wakefield Trust Company,


March 17, 1928, per statement $ 424.47


Cash in office March 17, 1928


5.78


Due from town collector's cash account, March 17, 1928


19.51


$ 449.76


INTEREST COLLECTIONS


Interest collections 1926:


Taxes 1926


$ 33.37


Payments to treasurer


$ 33.27


Cash on hand December 31, 1926


.10


Cash on hand January 1, 1927


$ .10


Interest collections 1927:


Taxes 1926


$ 68.69 383.34


$ 452.03


$ 452.13


Payments to treasurer


$ 449.60


Cash on hand December 31, 1927


2.53


$ 452.13


Cash on hand January 1, 1928


$ 2.53


Interest collections January 1 to


March 17, 1928:


Taxes 1927 102.15


$ 104.68


Payments to treasurer January 1 to


March 17, 1928


$ 71.07


Due from collector March 17, 1928


33.61


$ 104.68


WATER DISTRICT TAXES-1926


Commitment per warrant


$ 3,221.47


Commitment list in excess of warrant


7.56


$ 3,229.03


81


$ 33.37


Taxes 1927


Payments to treasurer of water district:


1926


$ 2,950.00 250.00


$ 3,200.00


Abatements 1926


16.84


Due from collector March 17, 1928


12.19


$ 3,229.03


WATER DISTRICT TAXES-1927


Commitment per warrant


$ 3,355.48


Payments to treasurer of water district


$ 2,700.00


Abatements


11.76


Outstanding December 31, 1927


643.72


Outstanding January 1, 1928


Outstanding March 17, 1928, per list


$ 216.33


Due from collector March 17, 1928


427.39


$ 643.72


SELECTMEN'S LICENSES


Licenses granted 1927:


Common victuallers'


19 @ $ $ 1.00


$ 19.00


Sunday


24 @


1.00


24.00


Innholder's


1 @ 5.00


5.00


Lodging-house


3 @


1.00


3.00


Junk


3 @


15.00


45.00


Jitney


1 @


5.00


5.00


Gun


12 @


1.00


12.00


$ 113.00


Payments to treasurer Licenses cancelled


9.00


$ 113.00


Licenses issued January 1 to


March 17, 1928:


Gun


2 @ $ 1.00


$


2.00


Payments to treasurer January 1 to


March 17, 1928


$


2.00


DOG LICENSES


Licenses issued 1927:


Males


118 @ $ 2.00


$ 236.00


Females


31 5.00


155.00


Kennels


1 @ 25.00


25.00


$ 416.00


Payments to county treasurer


$ 384.20


Fees retained by


town clerk


149 @ .20


29.80


Cash on hand December 31, 1927


2.00


$ 416.00


82


$ 104.00


$ 3,355.48 $ 643.72


1927


Cash on hand January 1, 1928 Issued January 1 to March 31, 1928: Males 16 @ $ 2.00


$ 2.00


32.00


$ 34.00


Cash on hand March 31, 1928 (verified)


$ 34.00


SPORTING LICENSES


Sporting licenses issued 1927


$ 106.50


Payments to Division of Fisheries and Game


$ 96.00


Fees retained by town clerk 42 @ $ .25


10.50


$ 106.50


Sporting licenses issued January 1 to March 31, 1928


$ 28.75


Payments to Division of Fisheries and Game


$ 27.00


Fees retained by


town clerk 7 @ $ .25


1.75


$ 28.75


MOTH DEPARTMENT


Charges 1927


$ 527.85


Payments to treasurer


$ 519.85


Outstanding December 31, 1927 and March 17, 1928


8.00


-


$ 527.85


BUILDING INSPECTOR


Permits issued 1927


87 @ $ 1.00


$ 87.00


Payments to treasurer


$ 83.00


Outstanding December 31, 1927


4.00


$ 87.00


Outstanding January 1, 1928


$ 4.00


Permits issued January 1


to April 6, 1928 6 $ 1.00 6.00


$ 10.00


Outstanding April 6, 1928, per list


$ 4.00


Due from building inspector April 6, 1928


6.00


$ 10.00


BOARD OF HEALTH LICENSES


Licenses issued 1927:


Milk


17 @ $ .50


$ 8.50


Oleomargarine 2 @ .50


1.00


$ 9.50


Payments to treasurer


$ 1.00


Cash on hand December 31, 1927


8.50


$ 9.50


-


83


Cash on hand January 1, 1928 Licenses issued January 1 to March 17, 1928: Pasteurized milk


$


8.50


1 @ $10.00 $ 10.00


Milk


1 @


.50 .50


$ 10.50


$ 19.00


Payments to treasurer January 1 to March 17, 1928 Cash on hand March 17, 1928


$ 18.50


.50


$ 19.00


LIBRARY DEPARTMENT


Collections 1927:


Main Library South Lynnfield branch


38.05


$ 58.75.


Payments to treasurer


$ 58.75


Collections January 1 to April 21, 1928:


Main library


$ 5.84


South Lynnfield branch


7.10


$ 12.94


Payments by librarian, per voucher


$


.81


Cash on hand April 2, 1928


12.13


$


12.94


MARY U. NASH LIBRARY FUND


Savings Bank


Deposits


Total


On hand at beginning of year 1927


$1,000.00


$1,000.00


On hand at end of year 1927


$1,000.00


$1,000.00


On hand March 17, 1928


$1,000.00


$1,000.00


Receipts


Payments


1927


Income


$50.00 Transferred to town $50.00


GEORGE L. HAWKES LIBRARY FUND.


Savings Bank


Deposits


Total


On hand at beginning of year 1927


$ 500.00


$. 500.00


On hand at end of year 1927


$ 500.00


$ 500.00


On hand March 17, 1928 Receipts


$ 500.00


$ 500.00


Payments;


1927


Income


$22.50


Transferred to town $22.50


84


$ 20.70


ADELIA J. CLOUGH LIBRARY FUND


Savings Bank


Deposits


Total


'On hand at beginning of year 1927


$ 300.00


$ 300.00


On hand at end of year 1927


$ 300.00


$ 300.00


On hand March 17, 1928


$ 306.75


$ 306.75


Receipts


Payments


1927


Income


$13.64 Transferred to town


$13.64


January 1 to March 17, 1928


Income


$6.75 Deposited in savings bank $6.75


GEORGE N. BLAKE LIBRARY FUND


Par Value of


Securities


Total


On hand at beginning of year 1927


$4,000.00


$4,000.00


On hand at end of year 1927


$4,000.00


$4,000.00


On hand March 17, 1928 Receipts


$4,000.00


$4,000.00


Payments


1927


Sale of securities


$2,000.00


Purchase of securities


$2,000.00


Income


230.00


Transferred to town 230.00


Total


$2,230.00


Total


$2,230.00


MARY U. NASH IMPROVEMENT FUND


Savings Bank Deposits


Principal


Income


Total


On hand at beginning of year 1927


$2,000.00


$698.72


$2,698.72


On hand at end of year 1927


$2,000.00


$821.46


$2,821.46


On hand March 17, 1928 Receipts


$2,000.00


$848.10


$2,848.10


Payments


1927


Income


$122.74 Deposited in savings bank $122.74


January 1 to March 17, 1928


Income


$26.64 Deposited in savings bank $26.64


LIABILITY INSURANCE FUND


Savings Bank


Deposits


Total


On hand at beginning of year 1927


$2,537.32


$2,537.32


On hand at end of year 1927


$2,638.76


$2,638.76


On hand March 17, 1928


$2,673.88


$2,673.88


Receipts


Payments


85


.


1927


Withdrawn from savings


Deposited in savings


bank


$14.00


bank


$115.44


Income


115.44


Transferred to town


14.00


Total


$129.44


Total


$129.44


January 1 to March 17, 1928


Income


$35.12 Deposited in savings bank


$35.12


LEGION MEMORIAL FUND


Savings Bank Deposits


Principal


Income


Total


On hand at beginning of year 1927


$ 734.19


$ 24.94


$ 759.13.


On hand at end of year 1927


$ 734.19


$ 59.47


$ 793.66


On hand March 17, 1928


$ 734.19


$ 59.47


$ 793.66


Receipts


Payments


1927


Income


$34.53


Deposited in savings bank $34.53.


CEMETERY PERPETUAL CARE FUNDS


Par Value of Savings Bank Deposits Securities Principal Income Total


On hand at beginning of year 1927


$300.00 $6,739.00 $ 876.31 $7,915.31.


On hand at end of year 1927


$300.00 $6,839.00 $ 921.14 $8,060.14


On hand March 17, 1928 Receipts


$300.00 $6,839.00 $1,002.91 $8,141.91


Payments


1927


Withdrawn from savings


Deposited in savings


bank


$302.75


bank


$447.58


Income


360.33


Transferred to town


315.50


Bequests


100.00


Total


$763.08


Total


$763.08


January 1 to March 17, 1928


Income


$81.77 Deposited in savings bank $81.77


86


TOWN OF LYNNFIELD Balance Sheet-March 17, 1928 GENERAL ACCOUNTS


Assets


Liabilities


Cash


$ 3,047.83


Temporary Loans : In Anticipation of Revenue


$10,000.00 50


Accounts Receivable :


Trust Fund Income


Unexpended Appropriation Balances :


Levy of 1922


$ 1.03


General


$73,091.53


Levy of 1923


16.04


Essex County Sanatorium Fund 1,773.94


Levy of 1924


1.39


Curtains for Town Hall




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