Town of Newton annual report 1885, Part 3

Author: Newton (Mass.)
Publication date: 1885
Publisher: Newton (Mass.)
Number of Pages: 570


USA > Massachusetts > Middlesex County > Newton > Town of Newton annual report 1885 > Part 3


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20,800 00


Sinking fund on public park loan


10,825 48


Amount carried forward .


. $550,225 19


7


Amount brought forward . $550,225 19


Sinking fund on water bonds


17,000 00


Street lights


20,154 69


State aid 869 00


Temporary loans


410,000 00


Use of hydrants


8,540 00


Water construction


35,367 25


Water maintenance


12,826 48


Water meters and service pipes


6,263 39


Water rebate


196 43


West Newton school house


13,518 31


Balance in the treasury, December 31, 1885


55,218 93


$1,130,179 67


CR.


Balance in treasury, December 31, 1884


$45,647 91


Almshouse


2,390 81


Armory rent


400 00


Betterments Farlow Park


11,611 95


Betterments Murray Street


685 20


Betterments Newtonville drain


72 80


Collectors' fees


289 77


Corporation tax


36,282 05


City Hall


727 00


Dog tax


1,841 45


Druggists' license fees


19 00


Fire department


10 00


Foreign ships


1,717 94


Funded debt, 4 per cent. water scrip


32,000 00


Funded debt, school bonds


44,000 00


Amount carried forward . $177,695 88


8


Amount brought forward


· $177,695 88


Highways


12,536 65


Interest on bank deposit


819 24


Interest on betterments


22 97


Interest on city loans


151 67


Interest on Farlow Park betterments


29 43


Interest on sidewalk assessments


5 77


Interest on taxes


2,092 56


Interest on water scrip


92 44


Indigent soldiers and sailors


465 00


Kenrick fund


189 73


Kenrick fund loan, paid


1,000 00


Miscellaneous


22 38


National Bank tax


11,068 25


Newton Free Library, catalogue account


15 00


Police department


702 62


Poor out of almshouse


1,660 62


Peddlers' licenses


22 00


Public property


320 67


Premium on school loan


1,716 00


Read fund


814 81


Record and other fees


500 85


Sinking fund commissioners, city debt


20,000 00


Sidewalks and curbing


509 53


Schools


33 75


School incidentals .


1 50


Street light department


32 50


State aid


813 00


Taxes, 1880


6 90


Taxes, 1882


120 11


Taxes, 1883


410 58


1


Amount carried forward .


. . $233,872 41


9


Amount brought forward


. $233,872 41


Taxes, 1884


66,729 57


Taxes, 1885


352,477 13


Temporary loans


415,000 00 278 03


Tuition, non-resident pupils


Water construction


2,504 32


Water maintenance, meters and service pipes 5,471 52


Water rates


36,685 59


Water rates by meter


17,161 10


$1,130,179 67


JOHN A. KENRICK, Treasurer and Collector.


CITY OF NEWTON, Dec. 31, 1885.


The Joint Committee on Finance beg leave to report, that, in pursuant of Section 13, Ordinance 4, they have ex- amined the books and accounts of the Treasurer and Col- lector for the financial year ending Dec, 31, 1885, and find them correct in all respects, and all payments properly vouched.


Cash on hand Dec. 31, 1884 $45,647 91 Total cash receipts for the year ending Dec. 31,


1885 1,084,531 76


1,130,179 67


Payments for the year


1,074,960 74


Cash on hand at close of business Dec. 31, 1885 $55,218 93


This balance has been verified by examination of the bank balances to the credit of the city, and cash and cash items in the office.


10


They further report that there remains due and uncollected the following taxes and assessments :-


Taxes of 1879


$891 52


Taxes of 1880


899 04


Taxes of 1881


.


1,228 00


Taxes of 1882 1,628 61


Taxes of 1883


2,083 88


Taxes of 1884


2,583 00 .


Taxes of 1885


. 64.366 38


Total $73,680 43


Sidewalks and Curbing Assessments 137 57


Betterments on Drains, Wards 1 and 2, estimated


900 00


Betterments on Farlow Park 2,735 84


Betterments on Murray Street 495 10


Total


$77,948 94


Respectfully submitted.


J. Q. HENRY, B. S. GRANT, SAM'L L. POWERS, FRANK A. DEARBORN.


LIABILITIES OF THE CITY OF NEWTON TO DEC. 31, 1885 INCLUSIVE.


Water loan, 6 per cent $600,000 00


Accrued interest on same 18,000 00


Water loan, 5 per cent . ·


250,000 00


Accrued interest on same 6,250 00


Amount carried forward, $874,250 00


11


Amount brought forward, $874,250 00


Water loan, 4 per cent . 147,000 00


Accrued interest on same


1,470 00


Town notes, 6 1-2 per cent $46,000 00


Accrued interest on same


581 59


Town notes, 6 per cent . $167,000 00


Accrued interest on same


2,481 12


Municipal bonds, 5 per cent $34,000 00


Accrued interest on same


850 00


34,850 00


Public park bonds, 4 per cent $25,000 00


Accrued interest on same


250 00


25,250 00


School house notes, 4 per cent 46,350 00


Accrued interest on same


803 40


47,153 40


Newton school bonds, 4 per


cent


$44,000 00


Accrued interest on same


440 00


44,440 00


Temporary loan


$75,000 00


Accrued interest on same


56 25


75,056 25


Uninvested portion of principal of Kenrick Fund $2,740 00


Accrued interest on same


49 17


2,789 17


Suspense account, amount in treasury subject to call by sundry parties $661 68


Amounts carried forward .


$661 68


*1,468,321 53


$1,022,720 00


46,581 59


169,481 12


12


Amounts brought forward, Mayor's warrants unpaid, ap- propriations, etc. . Mayor's warrants unpaid, water construction


$661 68 $1,468,321 53


$34,439 72


971 56


Mayor's warrants unpaid on ac- count of new school house at Auburndale 779 67


Mayor's warrants unpaid on account of income of the Read Fund


124 05


Premium on tax sale


12 00


36,988 68


$1,505,310 21


DETAILED STATEMENT OF ASSETS.


Balance of taxes, 1879, $891 52


Balance of taxes, 1880, 899 04


Balance of taxes, 1881, 1,228 00 Balance of taxes, 1882, 1,628 61


Balance of taxes, 1883, 2,083 88


Balance of taxes, 1884, 2,583 00


Balance of taxes, 1885, 64,366 38


$73,680 43


Due from Commonwealth of Massachusetts as follows :- On account of aid to soldiers and sailors under chapters 301 and 252, Acts of 1879 . Balance of corporation tax 3,500 00


1,400 00


Armory rent for 1885 400 00


Amounts carried forward, $78,980 43 $1,505,310 21


13


Amounts brought forward, Due from county treasurer :- Dog tax for 1885 Due from miscellaneous sources ; viz., --


*78,980 43 $1,505,310 21


2,145 60


From sundry persons for bet- terments on drains in Wards 1 and 2, estimated 900 00


From sundry persons for bet- terments on Farlow Park 2,735 84


From sundry persons for bet- terments on Murray street, Ward 2 495 10


From sundry persons for side- walk and curbing assess- ments


137 57


Cash on hand


55,218 93


$140,613 47 $1,505.310 21


Sinking Funds.


Water debt sinking fund :-


City of Newton water bonds, 5 per cent . . $62,000 00 City of Newton water bonds, 4 per cent . 99,000 00 .


City of Newton


School house note,


4 per cent . 5,150 00


Cash on deposit on


interest


2,922 30


$169,072 30


Amounts carried forward,


$309,685 77 $1,505,310 21


1


14


Amounts brought forward, $309,685 77 $1,505,310 21


City debt sinking fund :- City of Newton water bonds, 5 per cent . $11,000 00


City of Newton


water bonds, 4


per cent


13,000 00


Cash on deposit on


interest


516 20


$24,516 20


Public Park Sinking Fund.


City of Newton


water bonds, 4


per cent


. $10,000 00


Cash on deposit on


interest


862 55


$10,862 55


$345,064 52


$1,160,245 69


RECAPITULATION.


Water Debt.


Water loan $997,000 00


Accrued interest on the same 25,720 00


Mayor's warrants unpaid for con- struction 971 56


Sinking fund


$1,023,691 56


169,072 30


Net water liability,


$854,619 26 .


15


City Debt, Exclusive of Water Debt.


Town notes


$213,000 00


Accrued interest on same


3,062 71


$216,062 71


Municipal bonds.


34,000 00


Accrued interest on same


850 00


$34,850 00


Public park bonds


25,000 00


Accrued interest on same


250 00


$25,250 00


Schoolhouse notes


46,350 00


Accrued interest on same


803 40


$47,153 40


Newton school bonds .


44,000 00


Accrued interest on same .


440 00


$44,440 00


Temporary loan .


75,000 00


Accrued interest on same


56 25


$75,056 25


Uninvested portion of principa of Kenrick fund $2,740 00


Accrued interest on same


49 17


$2,789 17


Suspense account, amount in treasury subject to call by


sundry parties.


661 68


Mayor's warrants unpaid. appro priations, etc.


34,439 72


Mayor's warrants unpaid on account of new school


house Auburndale


779 67


Amounts carried forward,


$35,881 07 $445,601 53


16


Amounts brought forward, $35,881 07 $445,601 53


Mayor's warrants unpaid on account of income of the Read Fund .


124 05


Premium on tax sale


12 00


36,017 12


$481,618 65


Cash on hand


$55,218 93


Sinking fund


24,516 20


Public park sinking fund


10,862 55


Balance taxes uncollected


73,680 43


Other assets uncollected


11,714 11


175,992 22


Net city liability


$305,626 43


RECEIPTS.


The receipts for the year ending Dec. 31, 1885, are shown in the aggregates, as credited in the following accounts :-


Number of account.


1. Almshouse $2,390 81


2. Armory . 400 00


3. Betterments . 12,369 95


4. Collector's fees 289 77


5. Corporation tax


36,282 05


6. City Hall


727 00


7. Dog tax .


1,841 45


8. Druggists' license-fees


19 00


9. Fire department 10 00


10. Funded debt, water bonds


32,000 00


Amount carried forward


$86,330 03


17


Amount brought forward $86,330 03


11. Funded debt, school loan 44,000 00


12. Highway department 12,536 65


13. Interest on deposits 819 24


14. Interest on betterments . 22 97


15. Interest on city loans 151 67


16. Interest on Farlow Park betterments


29 43


17. Interest on sidewalks and curbing as- sessments . 5 77


18. Interest on taxes


2,092 56


19. Interest on water bonds 92 44


20. Indigent soldiers and sailors 465 00


21. Kenrick fund income, etc., 1,189 73


22. Miscellaneous . 22 38


23. National bank tax . 11,068 25


24. Newton free library, catalogue account . 15 00


25. Police department . 702 62


26. Pedlers' license 22 00


27. Poor out of almshouse


1,660 62


28. Public property 320 67


29. Premium on school loan 1,716 00


30. Read fund income . 814 81


31. Record and other fees 500 85


32. Schools, general appropriation for . 33 75


33. School incidentals . 1 50


34. Ships engaged in foreign trade


1,717 94


35. Sidewalks and curbing 509 53


36. Sinking fund commissioners 20,000 00


37. Street light department . 32 50


38. State aid 813 00


39. Taxes, 1880 6 90


Amount carried forward


$187,693 81


18


Amount brought forward . $187,693 81


40 Taxes, 1882 120 11


41. Taxes, 1883 410 58


42. Taxes, 1884 66,729 57


43. Taxes, 1885 352,477 13


44. Temporary loans .


415,000 00


45. Tuition for non-resident pupils


278 03


46. Water construction 2,504 32


47. Water meters and service-pipe 5,471 52


48. Water-rates, by schedule 36,685 59


49. Water-rates, by meters .


17,161 10


Total Receipts


. $1,084,531 76


EXPENSES.


The claims for the year ending Dec. 31, 1885, as approved and drawn for in the auditor's office, are shown in the aggre- gates, as charged to the following accounts :- Number of account.


1. Almshouse, expenses and repairs $4,544 41


2. Abatement of betterments - Farlow Park . 56 00


3. Armory rent and expenses . 821 80


4. Armory Hall (Claflin Guard Armory) 5,397 08


5. Auburndale ( Williams) schoolhouse 562 45


6. Books, stationery and printing 2,149 92


7. Board of Health 2,280 69


8. Burial grounds 250 00


9. Conveyance of pupils 900 00


10. Curbing 1,500 00


Amount carried forward


$184462 35


19


Amount brought forward $18,462 35


11. City Hall expenses 1,707 27


12. City Engineer's department 6,749 99


13. Drains and culverts 7,450 00


14. Evening schools


717 54


15. Fire department


24,601 87


16. Funded debt . 20,000 00


17. Funded debt, schoolhouse note


5,150 00


18. Gravel land 3,296 58


19. Highways, general repairs 70,185 53


20. Highways, widening, reconstruction, and improvements . 17,000 00


21. Improvement on public squares 9,860 85


22. Interest on city loans, temporary and permanent 25,138 00


23. Interest on water bonds .


53,100 00


24. Indigent soldiers and sailors 917 00


25 Kenrick fund income 165 20


26. Land damages 2,129 46


27. Memorial Day


400 00


28. Miscellaneous expenses 16,374 89


29. Newton Free Library 7,499 98


30 Newton Centre (Rice) schoolhouse 9,019 63


31. Nonantum (Eliot) schoolhouse


945 16


32. Police department .


19,498 17


33 Poor out of almshouse


8,500 15


34 Public property


11,315 23


35. Removal of ashes 3,500 00


36. Read Fund income . 1,594 27


37. Salaries . 14,479 80


38. Schools, general appropriation for . 92,556 51


Amount carried forward .


$452,315 43


,


20


Amount brought forward


.


$452,315 43


39. School incidentals . 13,811 02


40. Sidewalks and street crossings 9,000 00


41. Sinking fund on city debt 20,800 00


42. Sinking fund on public park loan 10,825 48


43. Sinking fund on water bonds . 17,000 00


44. State aid


904 00


45. Street light department .


20,504 06


46. Taxes, 1885, state .


24,135 00


47. Taxes, 1885, county


18,302 55


48. Taxes, 1885, national bank


954 47


49. Taxes, 1885, corporation


16 02


50. Temporary loans


410,000 00


51. Use of hydrants


8,540 00


52. Water maintenance 12,873 49


53. Water-meters and service pipe


6,471 25


54. Water construction


35,235 31


55. Water rebate


196 43


56. West Newton, (Shaw street) school-


house


13,518 31


Total expenses .


. $1,075,402 82


TABLE SHOWING APPROPRIATIONS, TRANSFERS, MAYOR'S WARRANTS, TREASURER'S PAYMENTS, DIFFERENCES, EXCESS AND DEFICIENCY ACCOUNT.


OBJECT OF APPROPRIATION.


APPROPRI- ATIONS FOR 1885.


TRANS- FERS.


TOTAL APPROPRI- ATIONS.


MAYOR'S WARRANTS


TREASUR- ER'S PAY- MENTS.


DIFFER- ENCES.


EXCESS AND DEFICIENCY ACCOUNT.


Overdrawn. Unexpen'd.


Almshouse expenses and repairs $3,750.00 ) Transferred from treasury, amount re- ceived from B. & A. Railroad 500.00


$4,250 00


$4,250 00


$4,544 41


$4,882 10


$337 69


$ 294 41


Armory rent and expenses .


800 00


800 00


821 80


884 77


62 97


21 80


Books, Stationery, and Printing


2,150 00


2,150 00


2,149 92


1,826 60


- 323 32


08


Board of Health .


2,300 00


2,300 00


2,280 69


2,319 50


38 81


19 31


Burial Grounds .


250 00


250 00


250 00


250 00


Conveyance of pupils


650 00


$250 00


900 00


900 00


900 00


Curbing


1,500 00


1,500 00


1,500 00


1,549 14


49 14


City Hall expenses


1,600 00


1,600 00


1,707 27


1,350 29


- 356 98


107 27


City Engineers' Department


6,750 00


6,750 00


6,749 99


6,826 57


76 58


01


Drains and Culverts


12,000 00


4,550 00 -


7,450 00


7,450 00


8,663 26


1,213 26


-


Evening Schools


550 00


167 54


717 54


717 54


717 54


Fire Department


22,900 00


22,900 00


24,601 87


23,946 25


655 62


1,701 87


-


General approp'n for schools $95,650.00 Dog tax, 1884, by order of City Council . 1,841.45


97,491 45


4,728 56


92,762 89


92,556 51


92,138 76


- 417 75


-


206 38


Gravel Land


3,000 00


300 00


3,300 00


3,296 58


3,322 33


25 75


-


3 42


Highways, General Repairs . . $50,000.00 ) Additional by order of City Council


67,261 93


3,000 00


70,261 93


70,185 53


68,371 77


- 1,813 76


-


76 40


Highways, Widening, Reconstruction, and Improvements $15,000.00 -


Additional by order of City


17,000 00


-


17,000 00


17,000 00


17,813 78


813 78


-


-


Council . 2,000.00


-


21


-


-


-


17,261.93


1


TABLE SHOWING APPROPRIATIONS, ETC., Concluded.


OBJECT OF APPROPRIATIONS.


APPROPRI- ATIONS FOR 1885.


TRANS- FERS.


TOTAL APPROPRI- ATIONS.


MAYOR'S WARRANTS


TREASUR- ER'S PAY- MENTS.


DIFFER - ENCES.


EXCESS AND DEFICIEMY ACCOUNT.


Overdrawn. Unexpen'd.


Improvement on Public Squares $6000.00 ) Additional by order of City Council .. 5,000.00 )


11,000 00


11,000 00


9,860 85


9,096 80


- 764 05


1,139 15


Interest on City Loans, temporary and permanent .


25,200 00


25,200 00


25,138 00


25,141 03


3 03


62 00


Interest on Water Bonds .


53,100 00


53,100 00


53,100 00


53,100 00


--


-


Indigent Soldiers and Sailors


1,000 00


1,000 00


917 00


900 00


17 00


23 00


Land Damages


1,600 00


550 00


2,150 00


2,129 46


2,536 96


407 50


20 54


Memorial Day


400 00


400 00


400 00


400 00


Miscellaneous expenses Additional by order City Council . . 5,000.00 )


15,000 00


300 00


14.700 00


16,374 89


15,644 48


- 730 41


1,674 89


Newton Free Library


7,500 00


7,500 00


7,499 98


7,063 62


436 36


02


Police Department .


19,500 00


19,500 00


19,498 17


19,725 30


227 13


1 83


Poor out of Almshouse


8,000 00


8,000 00


8,500 15


8,182 68


- 317 47


500 15


Public Property


. $10,000.00 )


Additional by order of City Council .. . 760,00 )


10,760 00


10,760 00


11,315 23


11,037 77


- 277 46


555 23


Removal of Ashes


3,500 00


3,500 00


3,500 00


3,502 13


2 13


Salaries . .


14,400 00


14,400 00


14,479 80


14,386 62


- 93 18


79 80


School Incidentals


9,500 00


4,311 02


13,811 02


13,811 02


13,018 80


- 792 22


School house note


5,150 00


-


5,150 00


5,150 00


5,150 00


Sidewalks and Street Crossings $6,500.00 ) Additional by order of City Council . . . 1,500.00 )


8,000 00


1,000 00


9,000 00


9,000 00


8,397 40


- 602 60


1


Sinking Fund on City Debt .


10,000 00


10,000 00


10,000 00


20,800 00


10,800 00


1


1


Sinking Fund on Water Bonds .


17,000 00


-


17,000 00


17.000 00


17,000 00


-


-


-


-


-


. $10,000.00 )


22


-


-


-


Street Light Department 20,750 00 State Aid . . 1,000 00 8,540 00


20,750 00 1,000 00 8,540 00 13,000 00


20,504 06 904 00 8,540 00 12,873 49


20,154 69 - 349 37 869 00 8,540 00 12,826 48 - 47 01


245 94 96 00


Use of Hydrants


Water Maintenance ..


13,000 00


126 51


Water Meters and Service Pipe, $5,000.00 ) Additional by order of City Council . ..... . 1,700.00


6,700 00


6,700 00


6,471 25


6,263 39


--- 207 86


228 75


Special Appropriation by order of City Council on account of Water Rebate .


500 00


500 00


196 43


196 43


303 57


Less Mayor's Warrants of 1884, paid by Treasurer in 1885


1


-


-


1


40,260 07


8,237 42


-


-


Amount of Mayor's Warrants for 1885 paid by Treasurer in 1886 . . . . . . Special Appropriation by order of City Council .


2,322 51


2,322 51


1


1


I


2,322 51


$513,875 89


8513,875 89 8513,875 89


$513,875 89


$5,820 35


$4,935 42


$4,935 42


1


-


$519,696 24


$14,057 77


-


$479,436 17 34,439 72


23


- 35 00


PERMANENT DEBT-DESCRIPTIVE LIST.


RATE.


DATE OF LOAN, ETC.


PAYABLE.


AMOUNT.


INTEREST, WHEN PAYABLE.


City Institution for Savings, Lowell .


66


=


6 per cent


Oct.


3,1867


Oct. 3, 1887


20,000 00


April and October


Commonwealth of Massachusetts


6 per cent


April


1,1868


April


1,1888


30,000 00


April and October


63 per cent


April 21, 1871


April 21, 1888


46,000 00


April and October


6 per cent


April 22, 1870


April 22,189


20,000 00


April and October


6 per cent


April 22, 1870


April 22, 1892


30,000 00


April and October


66


66


66


6 per cent


March 10, 1875


March 10, 1894


47,000 00


March and September


Municipal Bonds, $1,000 each. .


5 per cent


July


1, 1875


July


1,1895


34,000 00


January and July January and July


Water Bonds, $1,000 each. .


6 per cent


July


1,1875


July


1, 1905


600,000 00


$1,000 each. .


5


per cent


July


1,1875


July


1,1906


250,000 00


January and July


4


per cent


Oct.


1,1880


Oct. 1,1910


117,000 00


April and October


Public Park Bonds, $1,000 each. .


4


per cent


June 1,1883


April


1,1908


25,000 00


April and October


Schoolhouse Notes, $5,150 each. .


4 per cent


Jan.


25, 1884


One each year


46,350 00


January and July


School Loan Bonds, $1,000 each .


4 per cent


April


1, 1885


April 1, 1895


44,000 00


April and October


6 por cent


Oct. 3,1867


Oct. 3, 1886


$20,000 00


April and October


66


$1,000 each. .


$1,359,350 00


24


25


STATEMENT OF THE KENRICK FUND.


The following is a statement of this fund and its income, Jan. 1, 1886 :-


Amount invested


$1,260 00


Cash uninvested


2,740 00


Total fund


$4,000 00


Balance income on hand Jan. 1, 1885, $25 00


Income received in 1885 . 189 73


$214 73


Amount distributed


165 20


Balance $49 53 The distribution of the income of this fund has been made, in accordance with the terms of the donor, to persons entitled to its benefits.


TAXES AND TAXABLE VALUATION.


The following will show the valuation of the property of the city on which taxes were assesed for the year 1885, with the amount of taxes and rate of taxation :-


Value of real estate


$21,134,820 00


Value of personal estate


7,865,000 00


$28,999,820 00


Tax received for corporation stocks


36,282 05


Tax received for bank stocks


11,068 25


$47,350 30


City appropriations for current expenses


475,490 00


Deduct estimated receipts for 1885


108,250 00


Amount carried forward


$367,240 00


26


Amount brought forward . $367,240 00


State tax


24,135 00


County tax 18,302 55


Overlay and supplementary assessments 6,283 93


Total assessments . $415,961 48


Rate of taxation $14.00 on $1000.


LEDGER BALANCES.


DR.


Betterments Farlow Park 2,735 84


Betterments Murray Street 495 10


Betterments Newtonville drain


1,956 50


Bills Receivable . 250 00


Bills Receivable Kerrick fund


1,260 00


Cash .


55,218 93


Overlay 1883


2,127 04


Public Property owned by the


City


880,852 60


Real Estate bought for non-payt.


Taxes . · 622 06 ·


Sidewalks and curbing assessments 12 75 Taxes 1879 . 891 52


Taxes 1880 .


899 04


Taxes 1881 .


1,228 00


Taxes 1882 .


1,628 61


Taxes 1883 .


2,083 88


Taxes 1884 .


2,583 00


Taxes 1885 .


64,366 38


Water Construction


998,344 16


2,017,555 41


27


CR.


Auburndale School House 779 67


City of Newton . 530,616 40


Funded debt 5 per cent. city bonds .


34,000 00


Funded debt 6 per cent. city notes .


167,000 00 .


Funded debt 6 1-2 per cent. city notes


46,000 00


Funded debt 4 per cent. public park loan


25,000 00


Funded debt 4 per cent. school bonds


44,000 00


Funded debt 4 per cent. school notes 46,350 00


Funded debt 6 per cent. water scrip


600,000 00 .


Funded debt 5 per cent water scrip


250,000 00 .


Funded debt 4 per cent. water scrip


147,000 00


Interest on Farlow park betterment .


29 43


Kenrick Funa .


4,049 53


Mayor's warrants, unpaid bills .


34,439 72


Overlay 1879


2,339 61


Overlay 1880


3,801 44


Overlay 1881


1,053 74


Overlay 1882


673 94


Overlay 1884


743 12


Overlay 1885


3,881 08


Premium on tax sale


12 00


Read Fund


124 05


Suspense account


661 68


Temporary loans


75,000 00


$2,017,555 41


-


28


REPORT OF THE SINKING FUND COMMISSIONERS.


NEWTON, Jan. 1, 1886.


In accordance with the requirements of the City Charter and Ordinances, the Sinking Fund Commissioners herewith report the condition of the funds and securities in their charge on the 31st day of December, 1885 :


City Debt Sinking Fund.


On hand in cash and securities at par, Jan. 1, 1885 $23.092 01


Received interest on bonds and deposits 1,230 44


Received appropriation by the city for 1885 20,800 00


$45,122 45


Less.


Bought $3000 City of Newton 5


per cent. bonds at 120 and ac-


crued interest ; premium and accrued interest, 606 25


Paid City Treasurer to pay note due October 3, 1885 20,000 00- 20,606 25


$24,516 20


Invested as follows :-


City of Newton 5 per cent. water bonds, due


July 1, 1906, at par . $11,000 00


City of Newton 4 per cent. water bonds, due Oct. 1, 1910, at par 13,000 00


Cash on deposit in bank 516 20 ·


$24,516 20


29


Water Debt Sinking Fund.


On hand in cash and securities at par Jan. 1,


1885 .


. $145,779 67


Received balance of interest on bonds and de- posits 6,292 63


Received appropriation by the city for 1885


17,000 00


$169,072 30


Invested as follows :-


City of Newton 5 per cent. water bonds, due July 1, 1906 62,000 00


City of Newton 4 per cent. water bonds, due Oct. 1, 1910 62,000 00


City of Newton 4 per cent. water bonds, due April 1, 1914 37,000 00


City of Newton + per cent. school note, due Jan. 25, 1894 5,150 00


Cash on deposit in bank


2,922 30


$169,072 30


Public Park Sinking Fund.


Received betterments, collected by City of


Newton and paid to the Commissioners . $10,825 48


Balance of interest received on deposits 37 07


$10,862 55


Invested as follows :- City of Newton 4 per cent. water bonds, due April 1, 1914 $10,000 00


Cash on deposit in bank 862 55


$10,862 55


30


During the year we have bought for the city debt sinking fund $3,000 5 per cent water bonds at 120 and accrued interest. For the water debt sinking fund we have bought of the city $22,000 4 per cent. water bonds, due April 1, 1914, and for the public park sinking fund $10,000 4 per cent water bonds, same time to run. We have paid to the City Treasurer $20,000 from the city debt sinking funds to enable him to retire a note which fell due October 3, 1885. We also reported in September last that there should be appropriated for the year 1886, as follows :-


For the city debt sinking fund . $21,500


For the school loan sinking fund 4,500


For the water debt sinking fund 18,000


Respectfully submitted,


GEO. S. BULLENS,


ALDEN SPEARE, GEORGE C. LORD, Commissioners of the Sinking Fund.


REPORT OF THE TRUSTEES OF THE READ FUND.


NEWTON, Jan. 1, 1886.


In accordance with Ordinance XXVIII., Section 3, we have the honor to report to the City Council, as follows :- Note of Boston and Maine Railroad, due and paid $39,700 Interest collected on same, 12 months, 4 per cent.


per annum 1,588


$41,288


Less.


Paid income to City Treasurer $1,588


$39,700


31


Invested as follows :- Note of Connecticut and Passumpsic Rivers Rail- road, guaranteed by Emmons Raymond and W. K. Blodget, dated January 1. 1886, 12 months, 4 per cent. per annum and payable semi-annually $39,700


GEO. S. BULLENS ALDEN PEARE GEORGE C. LORD, Trustees of the Road Fund.


STATEMENT IN DETAIL OF RECEIPTS.


Almshouse.


Received from N. D. Moody, war.


den, for sale of hay, straw, produce, wood, etc. $1,783 81


Received for support of Maggie Jackson 69 00


Received for support of Mrs.


Thomas 38 00


Received from Boston and Al-


bany Railroad corporation for building bridge over tracks of Circuit Railroad 500 00


Total, as per item No. 1 of


$2,390 81 receipts


Armory.


Received from Commonwealth of Massachusetts for rent of ar- mory, as per item No. 2 of receipts $400 00


32


Betterments.


Received from sundry persons


on account Farlow Park ·


$11,611 95


Received from sundry persons on account Murray Street ·


605 20


Received from sundry persons on account Newtonville drain 72 80


Total, as per item No. 3 of receipts


$12,369 95 .


Collector's Fees.


Received from John A. Kenrick,


treasurer and collector of


taxes, for summonses, adver-


tising tax sales, etc., as per item No. 4 of receipts . $289 77


Corporation Tax.


Received from Commonwealth of


Massachusetts, as per item No. 5 of receipts . $36,282 05




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