USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1928 > Part 19
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$ 25,309.02
Balance to Revenue
51.98
$ 25,361.00
$ 25,361.00
Police Department, Special Police Cr.
Appropriation
Dr.
Pay Rolls
$ 415.24
Balance to 1929
115.24
$ 415.24 $ 415.24
Fire Department, Maintenance
Cr.
Appropriation
Dr.
$ 124.24
Equipment, Repairs and Maintenance
1,551.49
All Other
530.06
Total Payments
$ 2,205.79
Balance to Revenue
94.21
$ 2,300.00 $ 2,300.00
Fire Department, Salaries
Cr.
Appropriation
$ 17,375.15
Dr.
Pay Rolls
$ 17,375.15
$ 17,375.15 $ 17,375.15
Fire Department, Call Men, Salaries
Cr.
Appropriation
$ 3,367.00
Dr.
Pay Rolls
$ 3,365.00
.
$ 2,300.00
Telephones
$ 25,361.00
$ 300.00
275
Balance to Revenue
2.00
$ 3,367.00 $ 3,367.00
Fire Alarm, Maintenance
Cr.
Appropriation
$ 800.00
Transfer from Reserve Fund
400.00
Dr.
Pay Roll
$ 200.39
Auto Expense
118.26
Material and Supplies
797.58
All Other
36.07
Total Payments
$ 1,152.30
Balance to Revenue
47.70
$ 1,200.00 $ 1,200.00
Forest Warden, Maintenance
Cr.
Appropriation
$ 500.00
Dr.
$ 17.25
Supplies
351.03
All Other
16.30
Total Payments
$ 384.58
Balance to Revenue
115.42
$ 500.00 $
500.00
Moth Department, Maintenance
Cr.
Appropriation
$ 6,000.00
Dr
Pay Roll
$ 4,418.40
Telephone
29.28
Auto Expense
384.18
Rent
96.00
Material and Supplies
658.98
Insurance
322.97
All Other
82.90
Total Payments
$ 5,992.71
Pay Roll
276
Balance to Revenue 7.29
$ 6,000.00 $ 6,000.00
Tree Warden, Maintenance
Cr.
Appropriation
Dr.
$ 1,300.38
Material and Supplies
662.00
All Other
26.00
Total Payments
$ 1,988.38
Balance to Revenue
11.62
$ 2,000.00 $
2,000.00
Hydrant Rentals
Cr.
Appropriation
Dr.
Water Dept.
$ 7,875.00
$ 7,875.00 $ 7,875.00
Drinking Fountains
Cr.
Appropriation
Dr.
Water Dept.
$ 100.00
$ 100.00
$ 100.00
F
Inspector of Buildings Cr.
Appropriation
Dr.
A. Russell Barnes
$ 500.00
$ 500.00 $ 500.00
Inspector of Wires Cr.
Appropriation
$
100.00
$ 2,000.00
Pay Roll
$ 7,875.00
$ 100.00
$ 500.00
277
Dr.
Clarence L. Thomas $ 25.00
Hugh L. Eames
75.00
Sealer of Weights and Measures $ 100.00 $ 100.00
Cr.
$ 400.00
Carl M. Smith
$
400.00
$
400.00
$
400.00
Sealer of Weights and Measures, Expenses
Cr.
Appropriation
$ 150.00
Transfer from Reserve Fund
Dr.
$ 136.00
Insurance
15.68
All Other
23.04
Total Payments $ 174.72
Balance to Revenue
.28
$ 175.00 $ 175.00
Board of Health, Salaries Cr.
Appropriation
Dr.
E. M. Halligan, M. D., Chairman $ 75.00
C. H. Playdon, M. D. V. 75.00
C. F. Atkinson, Secretary
150.00
$
300.00 $
300.00
Board of Health, Expenses
Cr.
Appropriation
$ 600.00
Transfer from Reserve Fund
111.86
Dr.
Supplies
$
28.63
Labor on Dumps 336.52
Telephone
45.41
Appropriation
Dr.
25.00
Auto Expense
$ 300.00
278
Inspection of Slaughtering
200.00
All Other
101.30
Total Payments
$ 711.86 $ 711.86
Inspector of Plumbing
Cr.
Appropriation
Dr.
David Taggart
$ 800.00
$ 800.00 $ 800.00
Care of Contagious Diseases
Cr.
$
2,000.00
Hospital Care
$ 1,580.60
Medical Attendance
216.00
Supplies
35.65
Total Payments
$ 1,832.25
Balance to Revenue
· 167.75
$ 2,000.00 $ 2,000.00
Garbage Collection
Cr.
Appropriation
$
2,300.00
Dr.
$ 2,300.00
$ 2,300.00 $ 2,300.00
Inspector of Animals.
Cr.
Appropriation
$
200.00
C. H. Playdon, M. D. V. $ 200.00
$ 200.00 $ 200.00
Inspector of Milk Cr.
Appropriation
$
100.00
Appropriation
Dr.
$ 800.00
Jos. Farpelha
Dr.
279
Dr.
Carl M. Smith $ 100.00
$
100.00
$
100.00
SEWER DEPARTMENT Construction and Maintenance
Cr.
Balance from 1927
Receipts 1928
$ 12,848.16 10,916.98
Transfers, Etc.
1,586.48
Dr.
Pay Roll
$ 2,949.95
Bonds
8,000.00
Equipment and Supplies
592.60
Repairs
19.28
Auto Expense
190.04
Insurance
227.26
All Other
96.49
Total Payments
$ 12,075.62
Balance to 1929
13,276.00
$ 25,351.62
$ 25,351.62
SEWER DEPARTMENT House Connections Cr.
Balance from 1927
$
1,564.67
Receipts 1928, Guarantee Deposits
1,822.66
Dr.
Pay Roll
$ 875.59
Equipment and Supplies
587.86
Auto Expense
28.52
Refunds on Deposits
211.42
All Other
46.23
Total Payments
$ 1,749.62
Transfer to Maintenance Account
1,437.71
Balance to 1929
200.00
Highway Department Cr.
$ 3,387.33 $ 3,387.33
Appropriation . ... $ 45,000.00
280
Dr.
Pay Roll
$ 16,012.25
Telephone
79.56
Equipment and Repairs
5,343.75
Material and Supplies
18,489.62
Truck and Auto Expense
1,566.04
Insurance
1,679.84
Street Signs
567.56
All Other
905.62
Total Payments
$ 44,644.24
Balance to Revenue
355.76
$45,000.00 $ 45,000.00
Sidewalk Construction
Cr.
Appropriation
$ 5,000.00
Pay Roll
$ 1,150.96
Construction per Contract (Granolithic)
1,581.09
Construction, Repairs per Contract (Tar)
1,819.43
Material
422.59
All Other
25.93
Total Payments
$ 5,000.00 $ 5,000.00
Snow and Ice Removal Cr.
Appropriation
$ 5,000.00
Dr.
Pay Roll
$ 1,653.95
Plowing and Hauling
484.50
Equipment and Repairs
1,101.78
Truck and Auto Expense
167.73
Material
96.51
All Other
32.38
Total Payments
$ 3,536.85
Balance to Revenue
1,463.15
$ 5,000.00 $ 5,000.00
Cleaning Drainage Ditches Cr.
Appropriation
$ 3,000.00
Dr
281
Dr.
Pay Roll
$ 1,603.11
Material and Supplies
1,327.84
All Other
69.05
Total Payments
$ 3,000.00 $ 3,000.00
Drainage System
Cr.
Balance from 1927
Appropriation
$ 1,041.55 10,000.00
Dr.
Construction per Contract
$ 9,636.03
Engineering Fees
962.39
Material and Repairs
351.81
All Other
84.77
Total Payments
$ 11,035.00
Balance to 1929
6.55
$ 11,041.55 $ 11,041.55
Street Lighting
Cr.
Appropriation
Dr.
Municipal Light Dept.
$ 13,500.00
$ 13,500.00 $ 13,500.00
Board of Public Welfare Clerical
Cr.
Appropriation
Dr.
$ 352.00
..
$ 352.00 $ 352.00
Board of Public Welfare Visitor Cr.
Appropriation
$ 400.00
Dr.
Helen A. Brown $ 400.00
$ 400.00 $ 400.00
$ 13,500.00
$ 352.00
Leon G. Bent
282
Board of Public Welfare Aid, Board and Care Cr.
$ 10,000.00 529.55
Dr.
Cash and Board
$ 6,050.16
Rent
645.00
Fuel and Groceries
1,461.24
Hospital and Medical
940.55
Comm. of Mass., Other Cities and Towns
938.00
All Other
356.53
Total Payments
$ 10,391.48
Balance to Revenue
138.07
$ 10,529.55
$ 10,529.55
Mothers' Aid Cr.
Appropriation
$ 4,000.00
Dr
Cash
$ 2,749.00
Fuel and Groceries
218.65
Medical
459.85
Total Payments
$ 3,427.50
Balance to Revenue
572.50
$ 4,000.00 $ 4,000.00
Temporary Aid Cr.
Appropriation
2,500.00 $
Transfer from Reserve Fund
500.00
Dr.
Cash
$ 1,855.00
Rent
480.00
Fuel and Groceries
583.74
Medical
49.20
Total Payments
$ 2,967.94
Balance to Revenue
32.06
$ 3,000.00 $ 3,000.00
Appropriation
Receipts, Hospital Fund
283
State Aid Cr.
Appropriation
$
300.00
Dr.
Cash Payments :
Acct. Civil War
$ 102.00
Acct. World War
72.00
Total Payments $ 174.00
Balance to Revenue
126.00
$ 300.00 $ 300.00
Military Aid Cr.
Appropriation
$ 700.00
Dr.
Cash Payments :
Acct. World War
$ 683.00
Balance to Revenue
17.00
$ 700.00
$ 700.00
Soldiers' Relief
Cr.
Appropriation
$ 4,000.00
Refunds
35.00
Hospital Fund
651.00
Transfer from Reserve Fund
1,000.00
Dr.
Cash Payments :
Acct. Civil War
$ 654.00
Acct. Spanish War
780.00
Acct. World War
2,511.00
Rent, Acct. World War
579.75
Fuel, Groceries
73.25
Medical and Hospital
663.43
Comm. of Mass.
437.13
All Other
44.30
Total Payments
$ 5,742.86
Balance to 1929
56.86
$ 5,742.86 $ 5 5,742.86
2º4
SCHOOL DEPARTMENT General Salaries Cr."
Appropriation
$169,500.00
Dr.
Pay Roll, Supt. Tea. and Clerical
$146,936.05
Medical Inspection
1,000.00
School Nurse
1,900.00
Attendance Officer
500.00
Janitors
15,952.36
Total Payments
$166,288.41
Balance to Revenue
3,211.59
$169,500.00
$169,500.00
General Maintenance Cr.
Appropriation
$ 49,650.00
Dr.
Transportation
$ 5,393.50
Tuition
158.57
Books
4,856.28
Supplies for Pupils
6,191.17
Apparatus for Teaching
2,909.06
Administrative Expense
2,429.42
Fuel
7,722.28
Gas and Electricity
3,258.19
Water and Sewer
2,265.55
Janitor Supplies
2,228.40
Repairs
9,754.65
Ashes and Trucking
526.50
Total Payments
$ 47,693.57
Less Refund
2.00
Net Payments
$ 47,691.57
Balance to Revenue
$ 1,958.43
$ 49,650.00 $ 49,650.00
Agricultural Department, Maintenance Cr. $ 500.00
Appropriation
285
Dr.
Books, Etc.
$ 56.34
Total Payments
$ 56.34
Balance to Revenue
443.66
$ 500.00 $ 500.00
Agricultural Department, Salaries
Cr.
Appropriation
$
2,737.50
Pay Roll
$ 2,379.34
Total Payments
$ 2,379.34
Balance to Revenue
358.16
$ 2,737.50 $ 2,737.50
Industrial Tuition
Cr.
Appropriation
$ 800.00
Dr.
City of Boston
$ 151.08
City of Malden
4.16
City of Somerville
139.51
Total Payments
$ 294.75
Balance to Revenue
505.25
$ 800.00 $ 800.00
Public Library Maintenance Cr.
Appropriation
$ 3,200.00
Transfer from Special Fund
50.00
Dr.
Books, Periodicals and Binding $ 1,993.41
Printing and Stationary
138.85
Fuel, Light, Water and Sewer 472.44
513.21
Repairs and Furnishings
All Other Expenses
108.42
Total Payments $ 3,226.33
Dr.
286
Less Refunds 4.81
Net Payments
$ 3,221.52
Balance to Revenue
28.48
Public Library, Salaries Cr.
Appropriation
Dr.
Bertha L. Brown, Librarian
$ 1,450.00
Grace Abbott, Asst. Librarian
1,050.00
Other Assistants
927.66
W. H. Killam, Janitor
780.00
Total Payments
$ 4,207.66
Balance to Revenue
22.34
$ 4,230.00 $ 4,230.00
PARK DEPARTMENT Maintenance Cr.
Appropriation
$ 2,000.00
Dr.
Pay Roll
$ 1,539.39
Telephone
8.03
Repairs
120.99
Supplies
209.93
Insurance
27.77
All Other
93.89
.
Total Payments $ 2,000.00 $ 2,000.00
CEMETERY DEPARTMENT Laurel Hill Cemetery Cr.
Appropriation
$ 8,900.00
Cemetery Bequest Fund
1,842.28
Geo. F. Buck Fund
48.12
Dr.
Pay Roll
$
8,664.74
Telephone
82.42
Material and Supplies
1,030.20
$ 3,250.00
$ 3,250.00
$ 4,230.00
287
Equipment and Repairs
391.93
Auto Expense
169.63
Insurance
130.97
All Other
315.96
Total Payments
$ 10,785.85
Less Refund
4.00
$ 10,785.85
Balance to Revenue
8.55
Net Payments
$ 10,790.40 $ 10,790.40
Forest Glen Cemetery
Cr.
Balance from 1927
$
212.15
Appropriation
750.00
Dr.
Pay Roll
$ 378.53
Material and Supplies
105.62
All Other
25.50
Total Payments
$ 509.65
Tess Refund
2.00
Net Payments
$ 507.65
Balance to 1929
454.50
$ 962.15 $ 962.15
Care of Soldiers' Graves
Cr.
Appropriation
$ 500.00
Pay Roll
$ 500.00
$ 500.00 $ 500.00
WATER DEPARTMENT Cr.
Balance from 1927
$ 4,432.93
Receipts, 1928
53,613.46
Transfer of Premium
282.00
Dr.
288
Dr.
Pay Roll
$ 15,459.77
Clerical
936.00
Bonds
10,000.00
Interest on Bonds
2,692.50
Telephones
191.22
Insurance
848.70
Office Supplies and Printing
511.87
Fuel
2;039.58
Power
2,121.50
Petometer Survey
2,200.00
Supplies
6,332.61
Tools and Equipment
3,454.26
Repairs
1,316.61
Auto Equipment and Repairs
1,363.62
All Other
776.33
Total Payments
$ 50,244.57
Balance to 1929
8,083.82
$ 58,328.39 $ 58,328.39
WATER MAINS, EXTENSION
Cr.
Balance from 1927
$ 5,299.22
Dr
Pay Roll
$ 981.60
Contract for Labor
498.10
Pipe
1,501.44
Tools and Supplies
93.60
Freight
225.24
All Other
53.94
Total Payments
$ 3,353.92
Balance to 1929
1,945.30
$ 5,299.22 $ 5,299.22
289
MUNICIPAL LIGHT DEPARTMENT
Cr.
Receipts
Advanced by Treasurer Bal. Dec. 31, 1928
Dr.
Pay Roll
$ 71,088.43
Bonds and Notes
14,800.00
Interest on Bonds and Notes
4,245.00
Office and Salesroom Expenses
4,114.58
Current purchased
62,552.84
Maintenance and Operation of Lines
34,318.55
Insurance
5,777.31
Coal
789.45
Rent
410.22
Additions to plant
30,866.82
All Other Payments:
42,469.95
$271,433.15
$271,433.15
JUNIOR HIGH SCHOOL BUILDING Construction and Equipment
Cr.
Balance from 1927
$
776.79
Dr.
P. G. De Armond & Son $ 12.19
Adden & Parker
270.00
Total Payments
$ 282.19
Balance to 1929
494.60
$ 776.79 $ 776.79
.. ...
MEMORIAL DAY OBSERVANCE
Cr.
Appropriation
$
500.00
Dr.
Band Hire
$
165.00
Flowers
158.75
$270,092.98 1,340.17
290
Printing 19.75
All Other 99.30
Total Payments
$. 442.80
Balance to Revenue
57.20
$ 500.00 $ 500.00
Child Welfare Work
Cr.
Appropriation
$ 300.00
Dr.
Mrs. Bertha Benjamin
$ 200.00
Chas. R. Henderson, M. D.
100.00
$ 300.00 $ 300.00
Middlesex County. Aid to Agriculture
Cr.
Appropriation
$ 100.00
Dr.
Agricultural Extension Service $ 100.00
$ 100.00 $
100.00
Planning Board Expenses
Cr.
Balance from 1927 $ 192.03
Dr.
Mass. Fed. of Planning Boards $ 15.00
Balance to 1929
177.03
$ 192.03 $ 192.03
Victory House Maintenance Cr.
Appropriation $ 500.00
291
Dr.
Steward's Services
$ 170.00
Fuel
329.68
Balance to Revenue
.32
$ 500.00 $ 500.00
SMITH-HUGHES FUND
Cr.
Balance from 1927
$
197.98
Receipts, 1927
161.78
Dr.
Pay Roll Agr. School Dept. $ 197.98
Balance to 1929
161.78
MINERAL STREET BRIDGE Cr.
Appropriation
Dr
A. Bartington Acct. Contract $ 4,250.00
Morse & Dickinson, Engineering Fees
450.00
Total Payments
$ 4,700.00
Balance to 1929
4,300.00
$ 9,000.00
$ 9,000.00
WORLD WAR MEMORIAL
Cr.
Appropriation
Dr.
$ 4,069.82
Balance to 1929 $ 4,069.82
$ 4,069.82 $ 4,069.82
LAND DAMAGES Dead Man's Curve Cr.
Appropriation
$ 200.00
Dr.
George D. Putnam
$ 191.98
Balance to Revenue
8.02
$ 200.00 $ 200.00
LAND DAMAGES Woburn and West Streets Cr. $ 50.00
Appropriation
$ 359.76 $ 359.76
$
9,000.00
292
Dr.
Balance to 1928
$
50.00
$ 50.00 $ 50.00
PAINTING STAND PIPE
Cr.
Appropriation
$ 200.00
F. W. Stevens
$ 200.00
$ 200.00 $ 200.00
ACCOUNTING MUNICIPAL LOANS TEMPORARY LOANS Anticipation of Revenue
Outstanding Jan. 1, 1928
$125,000.00
Notes Issued in 1927
Month By whom purchased
Rate of disc. Amt.
Jan .- Old Colony Corp.
3.335 $ 45,000.00
Mar .- Second Nat'l Bank
3.67 120,000.00
May -Second Nat'l Bank
3.95 75,000.00
Aug .- Second Nat'l Bank
4.775 100,000.00
Dec .- Second Nat'l Bank
. . 4.57 125,000.00
$465,000.00
$590,000.00
Notes Paid in 1928
March
$ 75,000.00
September
45,000.00
November
245,000.00
December
100,000.00
$465,000.00
Outstanding Dec. 31, 1928
$125,000.00
WATER DEPARTMENT LOANS
Outstanding Jan. 1, 1928
$ 70,000.00
Paid in 1928
$ 10,000.00
Outstanding Dec. 31, 1928
60,000.00
$ 70,000.00 $ 70,000.00
SEWER DEPARTMENT LOANS
Outstanding Jan. 1, 1928
$159,000.00
Paid in 1928
$
8,000.00
Outstanding Dec. 31, 1928
151,000.00
$159,000.00 $159,000.00
Dr.
293
MUNICIPAL LIGHT DEPARTMENT LOANS
Outstanding Jan. 1, 1928
$ 95,900.00
Paid in 1928
Outstanding Dec. 31, 1928
$ 14,800.00 81,100.00
$ 95,900.00 $ 95,900.00
MUNICIPAL BUILDING LOANS
Outstanding Jan. 1, 1928
$ 20,000.00
Paid in 1928
$ 2,000.00
Outstanding Dec. 31, 1928
18,000.00
$ 20,000.00 $ 20,000.00
MUNICIPAL AND LIBRARY BUILDING GROUNDS
Outstanding Jan. 1, 1928
$ 2,500.00
Paid in 1928
$ 500.00
Outstanding Dec. 31, 1928
2,000.00
$ 2,500.00
$ 2,500.00
BROWN ESTATE LOANS
Outstanding Jan. 1, 1928
$ 2,500.00
Outstanding Dec. 31, 1928
2,000.00 $ 500.00
Paid in 1928
$ 2,500.00 $ 2,500.00
SCHOOL BUILDING LOANS
Outstanding Jan. 1, 1928
$ 4,000.00
Paid in 1928
$ 1,000.00
Outstanding Dec. 31, 1928
3,000.00
$ 4,000.00 $ 4,000.00
SCHOOL BUILDING LOANS Junior High School
Outstanding Jan. 1, 1928
$296,000.00
Paid in 1928
$ 34,000.00
Outstanding Dec. 31, 1928
262,000.00
$296,000.00
$296,000.00
JUNIOR HIGH SCHOOL Emergency Loan
Outstanding Jan. 1, 1928
$ 18,000.00
Paid in 1928
$ 18,000.00
$ 18,000.00 $ 18,000.00
294
FUNDED DEBT Balancing Account
Total Debt, Jan. 1, 1928
Paid in 1928 $667,900.00
Sewer Dept. Loans
$ 8,000.00
Water Dept. Loans
10,000.00
Light Dept. Loans
14,800.00
Municipal Bldg. Loans
2,000.00
Mun. Bldg. Loans and Library Ground Loans
500.00
Brown Estate Loans
500.00
School Building Loans
35,000.00
School Building Emergency Loan
18,000.00
Total Payments 1928
$ 88,800.00
Total Debt Dec. 31, 1928
579,100.00
$667,900.00
$667,900.00
FUNDED DEBT MATURING IN 1928
Appropriation, Tax Levy
$ 41,000.00
Appropriation from Excess and Deficiency Acct.
15,000.00
Transfer from Water Dept.
10,000.00
Transfer from Light Dept.
14,800.00
Transfer from Sewer Dept.
8,000.00
Payment of Loans due in 1928 :
Sewer Dept.
$ 8,000.00
Water Dept.
10,000.00
Municipal Light Dept.
14,800.00
Municipal Building
2,000.00
Brown Estate
500.00
Municipal Building and Library
500.00
School Buildings
35,000.00
School Building Emergency Loan
18,000.00
$ 88,800.00
$ 88,800.00
FUNDED DEBT MATURING IN 1929
Sewer Dept. Loans
$ 8,000.00
Water Dept. Loans
10,000.00
Light Dept. Loans
13,800.00
Municipal Building Loans
2,000.00
Municipal and Library Building Loans
500.00
Brown Estate Loars
500.00
School Building Loans
35,000.00
$ 69,800.00
TOWN DEBT
DETAIL OF PAYMENT BY YEARS
Year
Sewer
Dept.
Water
Dept.
Mun.
Light
Dept.
Mun.
Bldg.
School
Buildings
Brown
Lot
Lib. and
Grounds
Totals
1929
$ 8,000.00
$10,000.00
$13,800.00
$ 2,000.00
$35,000.00
$ 500.00
$ 500.00
$69,800.00
1930
9,000.00
10,000.00
12,800.00
2,000.00
35,000.00
500.00
500.00
69,800.00
1931
9,000.00
5,000.00
11,000.00
2,000.00
35,000.00
500.00
500.00
63,000.00
1932
9,000.00
5,000.00
11,000.00
2,000.00
34,000.00
500.00
500.00
62,000.00
1933
9,000.00
5,000.00
8,000.00
2,000.00
34,000.00
58,000.00
1934
9,000.00
5,000.00
6,000.00
2,000.00
34,000.00
56,000.00
1935
8,000.00
5,000.00
6,000.00
2,000.00
34,000.00
55,000.00
1936
8,000.00
3,000.00
4,000.00
2,000.00
24,000.00
41,000.00
1937
8,000.00
2,000.00
2,500.00
2,000.00
14,500.00
1938
8,000.00
2,000.00
2,500.00
1939
8,000.00
2,000.00
2,500.00
12,500.00
1940
8,000.00
2,000.00
1,000.00
11,000.00
1941
7,000.00
2,000.00
9,000.00
1942
7,000.00
2,000.00
9,000.00
1943
7,000.00
7,000.00
1944
7,000.00
7,000.00
1945
6,000.00
6,000.00
1946
6,000.00
6,000.00
1947
6,000.00
·
.
.
.
. .
. . . .
6,000.00
1948
2,000.00
2,000.00
1949
2,000.00
2,000.00
Totals $151,000.00
$60,000.00
$81,100.00
$18,000.00
$265,000.00
$ 2,000.00
$ 2,000.00
$579,100.00
.
.
.
.
.
.
.
.
.
. .
.
.
.
.
.
.
.
.
·
·
.
.
.
.
.
.
.
.
.
·
.
.
... . ..
..
12,500.00
. .
Mun. Bldg.
296
BORROWING CAPACITY
Total Valuation Abatement Valuation Net Valuation
1926
$ 13,819,558.00 $ 76,320.00
$ 13,743,238.00
1927
14,379,299.00
79,346.00 14,299,953.00
1928
15,040,325.00 59,730.00
14,980,595.00
Net Valuation for 3 years
$ 43,023,786.00
Average Valuation for 3 years
14,341,262.00
3% of average valuation
430,237.86
Total Funded Debt
$579,100.00
Less Exempted Loans : (Outside Debt Limit)
Water Department
$ 60,000.00
Municipal Light Department 81,100.00
Sewer Department
151,000.00
School Building
59,000.00
$351,100.00 $228,000.00
Borrowing Capacity, Dec. 31, 1928. . $202,237.86
ACCOUNTING TRUST FUNDS Balancing Account
Balance Jan. 1, 1928
$194,953.41
Sundry Parties, Cemetery Bequests
2,607.00
Interest and Income
8,943.73
Transferred for Hospital Care
$ 1,180.55
Transferred for Cemetery Maint.
1,842.12
Transferred for Cemetery Signs
48.12
Transferred for Scholarships
100.00
Balance Dec. 31, 1928
203,333.19
$206,504.14 $206,504.14
CEMETERY BEQUEST FUND
Cr.
Balance Jan. 1, 1928
$ 43,427.77
Bequests, 1928
2,607.00
Interest and Income, 1928
2,147.23
Dr.
Transferred for care of endowed lots $ 1,842.28
Balance Dec. 31, 1928 46,339.72
$ 48,182.00 $ 48,182.00
297
GEORGE F. BUCK FUND
Cr.
Balance Jan. 1, 1928
$ 83.22
Interest, 1928
3.78
Dr.
Transferred for Cemetery Signs
$ 48.12
Balance Dec. 31, 1928
38.88
$ 87.00 $ 87.00
READING HIGH SCHOOL SCHOLARSHIP FUND
Cr.
Balance Jan. 1, 1928
$
5,094.27
Interest
243.39
Dr.
Transferred for Scholarships 1
$ 100.00
Balance Dec. 31, 1928
5,237.66
$5,337.66 $ 5,337.66
HOSPITAL FUND
Cr.
Balance Jan 1, 1928
Interest and Income
Dr.
Transferred for Hospital Care $ 1,180.55
Balance Dec. 31, 1928 151,716.93
$152,897.48
$152,897.48
STATEMENT OF INVESTED FUNDS Cemetery Bequest Fund
Balance Dec. 31, 1928
$ 46,339.72
Investments Listed at Par :
U. S. Liberty Bonds, 4th 41/4s, 1933-1938 .. $ 12,000.00
N. E. Tel. & Tel. 1st Mort., 5's Series A 1952 5,000.00
No. Pac. Ry. Ref. & Imp., 6's Series B 2047 5,000.00
N. Y. C. R. R. Ref. Imp., 5's Series C 2013 4,000.00
Andover Savings Bank
3,230.64
Cambridge Savings Bank
3,151.88
Essex Savings Bank, Lawrence 3,230.64
Mech. Savings Bank, Reading
10,726.56
$ 46,339.72 $ 46,339.72
$146,348.15 6,549.33
298
READING HIGH SCHOOL SCHOLARSHIP FUND
Balance Dec. 31, 1928
$ 5,237.66
Investments :
Andover Savings Bank $ 1,000.00
Charlestown Five Cent Savings Bank 1,000.00
Essex Savings Bank, Lawrence 1,000.00
First Nat'l Bank, Reading, Sav. Dept.
2,237.66
$ 5,237.66 $ 5,237.66
GEORGE F. BUCK FUND
Balance Dec. 31, 1928
$ 38.88
Investment :
Mechanics Savings Bank $ 38.85
$ 38.88 $ 38.88
HOSPITAL FUND
Balance Dec. 31. 1928 $151,716.93
Investments, Securities listed at Par or Less :
$5,000 Am. Tel. - Tel. Col. Tr. 5's, 1946 .. $ 5.000.00
$5,000 Bos. & Albany R. R. Imp. of 1908, 4's. 1933 4,798.00
$5,000 Boston Elevated, 5's. 1937 5,000.00
$5,000 Cent. Hudson Gas and Elec. 5's, 1957 5,000.00
$5,000 Chicago B. & Q. R. R. Co., Ill., Div. "M" 31/2's. 1949 4.347.50
$2,000 Conn. Lt. & Power Co., 1st Ref. S. F. 7's. 1951 2,000.00
$5.000 Conn. Lt. & Power Co., 1st Ref. S. F. 41/2's. 1956
4,787.50
$5,000 Consumers' Power Co., 5's, 1936 ...
5,000.00
$5,000 Consolidated Gas of Baltimore Gen. M. 41/2's, 1954 4,922.50
$5,000 Ill. Cent. R. R. Co., Tr. 4's, 1952 ..
4,437.50
$5,000 Ill. Cent. R. R. Co., St. Louis Div. 1st. M 3's. 1951 3,800.00
$5,000 Kansas City Power & Lt. 41/2's, 1957 5,000.00
299
$5,000 Kings Co. Elec. Lt. & Power 5's, 1937 5,000.00
$5,000 N. Y. Cent. & H. R. R. Deb. 4's, 1934 4,737.50
$5,000 N. Y. Tel. Co. 1st Gen. M. 41/2's, 1939 4,950.00 $5,000 Old Colony R. R. 1st 5's, 1945 . ... 5,000.00
5,000.00
$5,000 Pacific Gas & Elec. 41/2's, 1957 . . $5,000 St. Paul, Minn. & Man. Ry. Cons. 4's 1933 4,831.25
$13,000 U. S. Liberty Bonds 4th 41/2's, 1933-1938
13,000.00
$2,000 Wisconsis Power & Light 5's, 1956
2,000.00
American Mfg. Co. Common 72 Shares .. 7,200.00
Home Bleachery & Dye Works, Pfd. 2 Shares
11.00
Sharp Mfg. Co. Pfd. 55 Shares 2,035.00
Sharp Mfg. Co. Com. 20 Shares 220.00
Andover Savings Bank 5,384.44
Charlestown Five Cent Savings Bank
5,384.45
Essex Savings Bank, Lawrence
5,384.44
Mechanics Savings Bank, Reading 13,707.08
First Nat'l Bank, Reading, Savings Dept.
13,778.77
$151,716.93 $151,716.93
I hereby certify that, in accordance with the provisions of Section 53, Chapter 41, of the General Laws, I have audited the accounts of the Commissioners of Trust Funds, have examined the securities and verified bank balances and report the foregoing to be a true and accurate statement, December 31, 1928.
LEON G. BENT, Town Accountant.
BALANCE SHEET DEC. 31, 1928 GENERAL ACCOUNTS
Cash in Banks and Office .... .. Taxes and Assessments Receivable
$ 44,429.58
Temporary Loans, Anticipation of of Revenue
$125,000.00
Taxes, 1927
199.57
Overlays Reserved for Abatements
Taxes, 1928
155,674.26
For 1927 Taxes
24.01
Moth Assessments, 1928
376.25
For 1928 Taxes
1,563.51
Sidewalk Assessments, 1928 ..
113.81
$
1,587.52
Overlay Reserve Fund
$. 950.24
terest
1,241.28
Moth Assessments Revenue ·
376.25
Sidewalk Assessments Revenue . .
113.81
Sewer Assessments Revenue
1,241.28
Departmental Accounts Receivable
$ 16,358.71
Sewer Assessments due 1929-1936
5,7 7.48
Sewer Ass't Appor'd Rec. 1929-1936
5,787.48
Departmental Accts. Rec. Revenue
16,358.71
Water Dept. Accounts Rec. . . ...
357.46
Water Dept. Accts. Rec. Revenue
357.46
Municipal Light Dept. Accounts Receivable
34,360.81
Mun. Light Dept. Accts. Rec. Rev. Water Dept. Maintenance Acct. .. Sewer Depts. Maint. and Const. Account
8,083.82
Tax Titles Held by Town
6,536.08
Municipal Light Dept. Advanced ..
9,340.17
Municipal Light Dept. Cash?
250.00
Sewer Dept. House Conn. Account
200.00
Water Dept. Cash
100.00
4,040.22
Public Library Cash
15.00
Overdrafts forward to 1929
Soldiers' Relief ..
56.86
Police Dept. Spec. Officers ...
$ 115.24
$ 172.10
Drainage System Const. ·
6.55
Block System Survey .. 47.00
Sewer Rentals
307.50
$157,912.67
Sewer Rentals Revenue
307.50
34,360.81
Cemetery Reserve Fund
Smith-Hughes Fund 161.78
Appropriation Balances forward to 1929 :
Junior High School Building .. $ 494.60
Drainage System Survey ... ... 1,000.00
13,276.00
Sewer Assessments and In-
·
Mineral Street Bridge
$ 4,300.00
Land Damages . 50.00
Forest Glen Cemetery
454.50
Water Mains Extension
1,945.30
Planning Board Expenses .. .
177.03
Sale Land
$ 748.25
Public Library Special Account .. ·
22.60
Tax Titles Revenue
6,536.08
World War Memorial
4,069.82
Excess and Deficiency Account .
43,565.45
$275,620.06
$275,620.06
DEBT ACCOUNTS
$579,100.00
Sewer Construction Loans
$151,000.00
Water Department Loans . . 60,000.00
Municipal Light Dept. Loans 81,100.00
Municipal Building Loans ...
18,000.00
Mun. Building and Library Loans 2,000.00
Brown Estate Loans .
2,000.00
School Building Loans
265,000.00
$579,100.00
$579,100.00
TRUST FUNDS
203,333.19 Cemetery Bequest Fund
$ 46,339.72
George F. Buck Fund
38.88
Hospital Fund
151,716.93
Reading High School Scholarship Fund 5,237.66
$203,333.19
$203,333.19
Net Funded Debt .
Trust Funds, Cash and Securities ..
$ 8,474.98
302
GRACE V. VIALL. COLLECTOR Dr.
Amount uncollected, Dec. 31, 1927, account 1925 Tax $ 521.10 66 uncollected, Dec. 31, 1927, account 1926 Tax 170.62
66
Interest collected, account 1926 Tax 6.34
66 uncollected, Dec. 31, 1927, account 1927 Tax 155,951.51
66 Interest collected, account 1927 Tax 5,517.57
66 Poll Tax Warrant, account 1927 2.00
uncollected, Dec. 31, 1927, account 1927 Sewer 1,071.73
Interest collected, account 1927 Sewer 30.70
66 Poll Tax Warrants, 1928 5,654.00
General Tax Warrant, Sept. 1928
503,752.28
Moth Tax, Sept. 1928
967.00
Sidewalk Assessment, Sept. 1928
177.71
Sewer Commitment for 1928
2,580.57
General Tax Warrant, Dec. 1928
107.20
66 Interest collected, account 1928 Tax 305.77
Interest collected, account 1928 Sewer
.54
66 uncollected Sewer rentals, Dec. 31, 1927 119.40
66 Sewer Rentals, Jan 1, 1928
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