Town of Reading Massachusetts annual report 1933, Part 21

Author: Reading (Mass.)
Publication date: 1933
Publisher: The Town
Number of Pages: 326


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1933 > Part 21


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$


1,631.00


Pay Roll


1,848.58


Telephone


27.39


Auto Expense


286.08


Rent


144.00


Supplies


326.69


Insurance


231.83


All Other


26.45


Total Payments


$ 4,522.02


Balance to Revenue


8.98


$ 4,531.00 $ 4,531.00


Tree Warden, Maintenance


Cr.


Appropriation


Dr.


Salary, Tree Warden


$ 400.00


Pay Roll


978.00


Equipment and Supplies


77.12


Trees


37.50


Auto Expense


93.08


All Other


9.95


Total Payments


$ 1,595.65


Balance to Revenue


4.35


$ 1,600.00


$ 1,600.00


Hydrant Rentals


Cr.


Appropriation


$ 1,000.00


Water Department


$ 1,000.00


$ 1,000.00


$ 1,000.00


Drinking Fountains Cr.


Appropriation


$ 100.00


Water Department


$ 100.00


$ 100.00


$ 100.00


273


. .


$ 4,531.00


Dr.


Dr.


1,600.00 $


Inspector of Buildings, Salary Cr. 1


Appropriation ...


$ 475.00


Dr.


A. Russell Barnes


$ 475.00


,


$ 475.00 $ 475.00


Inspector of Wires, Salary


Cr. -


Appropriation


Dr.


Hugh L. Eames


$ 176.60


$ 176.60 $ 176.60


Sealer of Weights and Measures, Salary


Cr.


Appropriation


Dr.


Carl M. Smith


$ 481.80


$ 481.80 $ 481.80


Sealer of Weights and Measures, Expenses


Cr.


Appropriation


$ 190.00


Dr.


Transportation


$ 155.00


Stationery and Supplies


21.18


Insurance


11.08


Total Payments


$ 187.26


Balance to Revenue


2.74


$ 190.00 $ 190.00


Board of Health, Salaries - Cr.


Appropriation


$ 300.00


Dr.


E. M. Halligan, M. D. Christine F. Atkinson


$ 75.00


150.00


$ 176.60


. $ 481.80


274


Cornelius Thibeault


75.00


Board of Health, Expenses Cr.


Appropriation


Dr.


Inspector of Slaughtering


$ 200.00


Inspector of Milk and Food


43.66


Telephone


49.51


Supplies


22.36


All Other


6.14


Total Payments


$ 321.67


Balance to Revenue


278.33


Inspector of Plumbing, Salary


Cr.


Appropriation


Dr.


(


David Taggart


$ 761.00


$ 761.00


$ 761.00


Care of Contagious Diseases Cr. 1


Appropriation


$ 6,500.00


Dr.


Lakeville State Sanatorium


$ 730.00


No. Reading State Sanatorium


1,079.00


Middlesex County Sanatorium


2,435.75


Massachusetts Memorial Hosps.


228.00


Visiting Nurse


100.00


Other Medical Care


369.50


Total Payments


$ 4,942.25


Balance to Revenue


1,557.75


$ 6,500.00


$ 6,500.00


Garbage Removal


Cr.


Appropriation


$ 2,300.00


Dr.


Joseph Farpelha


$ 2,300.00


$ 2,300.00 $ 2,300.00


275


$ 300.00


$ 300.00


$ 600.00


$ 600.00


$ 600.00


$ 761.00


Inspector of Milk and Food Cr.


Appropriation


Dr.


$ 200.00


$ 200.00 $ 200.00


Dental Clinic Cr.


Appropriation


Dr.


S. Maxwell Beale, D. M. D.


$ 444.00


Bertha Perkins


56.00


Total Payments


$ 500.00


$ 500.00


Inspector of Animals, Salary


Cr.


Appropriation


Dr.


$ 190.00


$ 190.00


$ 190.00


Game Warden, Salary


Cr.


Appropriation


Dr.


James T. Putnam


$ 95.00


$ 95.00


$ 95.00


Sewer Department Construction and Maintenance Cr.


Appropriation from Tax Levy


$ 8,671.66


Appropriation from Sewer Reserve


2,678.34


Pay Roll


$ 2,262.04


Equipment and Supplies


1,245.89


Auto Expense


373.84


Insurance


1,033.05


Interest on Bonds


4,855.00


Repairs Tools


24.51


All Other


17.75


Total Payments


$ 9,812.08


Balance to Sewer Reserve


1,537.92


$ 11,350.00


$ 11,350.00


276


$ 200.00


Carl M. Smith


$ 500.00


$ 190.00


Cornelius Thibeault


$ 95.00


Dr.


House Connections Cr.


Appropriation


$ 1,000.00


Pay Roll


$ 148.47


Supplies


118.90


Total Payments


$ 267.37


Balance to Revenue


732.63


$ 1,000.00 $ 1,000.00


Highway Department


Cr.


Appropriation


$ 25,000.00


Dr.


Pay Roll


$ 9,294.13


Equipment and Repairs


2,717.60


Material and Supplies


6,982.08


Truck and Auto Expense


1,944.66


Insurance


1,514.63


Street Signs


22.05


All Other


1,169.72


Total Payments


$ 23,644.87


Transfer to Chestnut Rd. Acct.


920.48


Transfer to Weston Rd. Acct.


337.02


Balance to Revenue


97.63


$ 25,000.00 $ 25,000.00


Snow and Ice Removal


Cr.


Appropriation


$


3,500.00


Pay Roll


$ 1,945.89


Sidewalk Plowing


1,299.97


Equip. Repairs and Supplies


622.50


New Equipment


285.00


Total Payments


$ 4,153.36


Overdraft to 1934


$ 653.36


$ 4,153.36 $


4,153.36


1


Dr.


Dr.


277


Sidewalk Construction Cr.


Appropriation


$ 2,000.00


Dr.


Pay Roll


$ 1,210.90


Material for Construction


485.67


All Other


173.19


Total Payments


$ 1,869.76


Balance to Revenue


130.24


Maintenance of Storm Drains Cr.


Appropriation


Dr.


Pay Roll


$ 98.50


Material and Supplies


1,851.41


Total Payments


$ 1,949.91


Balance to Revenue


50.09


$ 2,000.00 $ 2,000.00


Drainage Construction Cr.


Balance from 1932


$ 131.47


Appropriation


4,000.00


Pay Roll


$ 551.30


Pipe


2,362.64


Supplies


527.42


All Other


86.42


Total Payments


$ 3,527.78


Balance to 1934


603.69


$ 4,131.47


$ 4,131.47


Care of Dumps Cr.


Appropriation


$ 500.00


Dr.


Pay Roll


$ 496.53


Balance to Revenue


3.47


$ 500.00 $ 500.00


$ 2,000.00 $ 2,000.00


$ 2,000.00


Dr.


278


Fair Road Construction


Cr.


Balance from 1932


$ 713.89


Dr.


Pay Roll


$ 233.35


Material


143.70


Total Payments


377.05


Balance to Revenue


336.84


$ 713.89 $ 713.89


Haverhill Street Construction Chapter 90-G. L. Cr.


Appropriation from Tax Levy


$ 8,000.00


Appropriation by Comm. of Mass.


12,000.00


Appropriation by County of Middlesex


4,000.00


Dr.


Pay Roll


$ 11,800.49


Equipment Rental


2,040.25


Supplies for Construction


7,498.81


Trucking


1,143.57


All Other


90.57


Total Payments


22,573.69


Balance to 1234


1,426.31


$ 24,000.00 $ 24,000.00


Weston Road Construction


Cr.


Transfer from Highway Department .


$ 337.02


Dr.


Pay Roll


$ 102.36


Pipe


147.15


Supplies


45.00


All Other


42.51


Total Payments


$ 337.02 $ 337.02


279


Chestnut Road Construction Cr.


Transfer fro 1 Highway Department $ 1,130.48


Dr.


Pay Roll


$ 297.44


Steam Shovel


150.00


Supplies


254.80


All Other


49.13


Transfer to Highway Dept.


210.00


Total Payments


$ 961.37


Balance to Revenue


169.11


$ 1,130.48


$ 1,130.48


Street Lighting Cr.


Appropriation


$ 15,200.00


Municipal Light Dept.


$ 15,200.00


$ 15,200.00


$ 15,200.00


Water Department Cr.


Appropriation


$ 43,235.00


Appropriation from Water Reserve


12,844.39


Pay Roll


$ 10,888.95


Clerical


1,593.10


Bonds


15,000.00


Interest on Bonds


3,615.00


Telephone


83.90


Insurance


807.60


Office Supplies and Printing


653.97


Fuel


152.38


Power and Light


3,837.88


Supplies


12,958.30


Auto Equipment and Repairs


806.53


Tools and Repairs to Tools.


563.07


New Wells


3,691.16


New Meters and Hydrants


959.29


All Other


372.29


Total Payments


$ 55,983.42


Balance to Water Reserve


95.97


$. 56,079.39


$ 56,079.39


Dr.


Dr.


280


Municipal Light Department Cr.


Balance from 1932


Receipts for 1933


Refund


Dr.


Superintendent's Salary


$ 5,273.17


Other Salaries and Wages, Pay Rolls


86,804.97


Bond and Note Payments


12,000.00


Interest on Same


2,455.21


Office and Salesroom Expense


7,103.49


Rent


2,035.37


Maintenance and Operation of Lines


24,102.41


Taxes


2,996.14


Insurance


3,392.40


Electric Energy Purchased


79,084.30


Additions to Plant


33,151.53


Paid to Treasurer, Town of Reading


18,678.26


All other Payments


26,301.73


Total Payments


$303.383.98


Balance to 1934


10,406.46


$313,790.44 $313,790.44


Public Welfare Administrative Exponce


Cr.


Appropriation


$


2,141.00


Transfer


925.06


Dr.


L. G. Bent $ 312.50


Helen A. Brown


635.00


Annie K. Patrick


411.63


Edward E. Harnden


757.50


Mary F. Daniel


135.00


Marion K. Savage


18.67


Visitor's Expenses


182 65


Telephone


7.73


Stationery and Printing


83.62


Office Supplies


216.72


Office Furniture, etc.


124.44


Trucking


155.59


Rent


25.00


$ 7,847.47 305,940.33 2.59


Total Payments $ 3,066.06 $ 3,065.01


281


A.d, Board, and Care Cr.


Appropriation


$ 78,404.00


Transfer from Special Fund


152.39


Refunds


2,421.15


Dr.


Cash


$ 5,645.65


Pay Roll Labor


32,425.85


Board


2,092.96


Rent


6,602.33


Food


10,107.71


Fuel


2,469.32


Hospital and Medical Care


3,496.25


Clothing


1,245.61


Burial Expenses


247.00


Liability Insurance


225.49


Mass. Hospital School


521.10


Division of Child Guardianship


128.58


Other Cities and Towns


4,578.13


C. W. A. Material


235.32


Other Payments


585.09


Total Payments


$ 70,605.39


Transfer to Old Age Asst. Acct.


63.43


Transfer to Adm. Exp.


925.05


$ 71,594.88


Transfer to C. W. A. Reserve


9,382.66


$ 80,977.54


$ 80,977.54


Temporary Aid Cr.


Appropriation


$ 16,000.00


Refunds


525.95


Dr.


Cash


$ 2,264.13


Pay Roll Labor


6,077.00


Rent and Board


2,823.90


Food


2,851.91


Fuel


735.27


Hospital and Medical Care


1,457.67


Clothing


196.49


Light


19.88


Other Payments


66.71


Total Payments


$ 16,492.96


Balance to Revenue


32.99


$ 16,525.95


$ 16,525.95


282


Mother's Aid Cr.


Appropriation


Dr.


Cash


$ 4,467.00


Rent


355.00


Food


267.62


Fuel


182.31


Hospital and Medical


181.77


Clothing


41.50


Light


11.60


Other Cities and Towns


188.67


Other Payments


9.00


Total Payments


$ 5,704.47


Balance to Revenue


295.53


$ 6,000.00


$ 6,000.00


Old Age Assistance Cr.


Appropriation


$ 14,000.00


Transfer and Reserve Fund


200.00


Transfer


63.43


Dr.


Cash


$ 13,273.00


Fuel


87.43


Clothing


7.47


Hospital and Medical Care


194.10


Burial


115.00


To Other Cities and Towns


520.92


Other Payments


65.24


Total Payments


$ 14,263.43


$ 14,263.43


Public Welfare Special Fund Cr.


Balance from 1932


$ 230.38


Receipts


70.80


Dr.


Cash


$ 226.12


Food


10.53


Clothing


31.77


Total Payments


$ 268.42


Balance to 1934


32.76


$ 301.18


$ 301.18


$ 6,000.00


283


Soldiers' Relief Cr.


Appropriation


$ 18,200.00


Dr.


Cash, Account Civil War


$ 276.00


Cash, Account Spanish War and Philippine Service


960.00


Cash, Account, World War


8,504.20


Pay Roll, Labor


6,244.70


Food


89.41


Fuel


316.70


Medical


308.96


Burial


254.00


Clothing


106.35


Investigator


130.00


Trucking


19.33


All Other


100.17


Total Payments


$ 17,309.82


Balance to Revenue


890.18


$ 18,200.00


$ 18,200.00


State Aid Cr.


Appropriation


$ 1,300.00


Dr.


Cash Payments


$ 1,014.00


Balance to Revenue


286.00


$ 1,300.00


$ 1,300.00


Military Aid Cr.


Appropriation


$ 500.00


Dr.


Cash Payments


$ 255.00


Balance to Revenue


245.00


$ 500.00 $ 500.00


284


Special Fund Unemployment Relief Cr.


Balance from 1932


Receipts


Dr.


Cash


$ 194.00


Fuel


43.92


Clothing


27.98


All Other


4.91


Total Payments


$ 270.81


Transferred to Public Welfare Special Fund . 25.00


$ 295.81


Balance to 1934


249.06


$ 544.87 $ 544.87


School Department General Salaries Cr.


Appropriation


$164,500.00


Dr.


Superintendent Salary


$ 3,800.00


Principals' and Teachers' Salaries


139,544.76


Janitor's Salaries


15,711.28


Attendance Officers


435.00


Medical Inspection


935.00


School Nurses


2,464.86


Total Payments


$162,890.90


Balance to Revenue


1,609.10


$164,500.00


$164,500.00


School Department General Maintenance Cr.


Appropriation


$ 42,150.00 29.26


Refund


Dr.


Transportation of Pupils


$ 5,866.58


Text Books


3,749.00


Supplies for Pupils


6,570.19


Apparatus for Teaching


1,166.82


Administrative Expenses


3,050.31


Fuel


4,332.35


Building Maintenance


5,198.84


Maintenance and Improvement of Building and


Grounds


9,951.35


285


485.62 $ 59.25


Insurance


317.77


Total Payments


40,203.21


Balance to Revenue


1,976.05


$ 42,179.26


$ 42,179.26


School Department Agricultural Salaries


Cr.


Appropriation


Dr.


*Hermon T. Wheeler


$ 1,876.13


*Rudolf Sussmann


226.73


William Pitman


200.00


Total Payments


$ 2,322.86


Balance to Revenue


1,077.14


$ 3,400.00 $ 3,400.00


*See also Smith-Hughes and George Reed Funds.


School Department Agricultural Maintenance Cr.


Appropriation


Dr.


Hermon T. Wheeler Expenses


$ 92.00


Books and Supplies


22.34


Total Payments


$ 114.34


Balance to Revenue


185.66


$ 300.00


$ 300.00


School Department Vocational Tuition


Cr.


$


1,500.00


Appropriation


Dr.


$ 83.23


City of Somerville


253.86


City of Everett


76.29


City of Medford


935.13


Total Payments


$ 1,348.51


Balance to Revenue


151.49


$ 1,500.00


$ 1,500.00


286


$ 3,400.00


$ 300.00


City of Boston


Public Library Cr.


$ 2,800.00


Appropriation


Dr.


Books and Periodicals


$ 1,861.16


Binding


34.89


Printing and Stationery


138.48


Fuel, Light, Water and Sewer


422.76


Telephone


44.04


Insurance


81.73


Building Maintenance and Repairs


93.69


All Other


61.08


Total Payments


$ 2,737.83


Balance to Revenue


62.17


$ 2,800.00 $ 2,800.00


Salaries Cr.


Appropriation


Dr.


Bertha L. Brown, Librarian


$ 1,372.50


Grace J. Abbott, Asst. Librarian


1,116.00


A. Rebecca Turner, Asst. Librarian


745.00


Other Assistants


709.72


Wm. H. Killam, Janitor Service


612.63


Total Payments


$ 4,555.85


Balance to Revenue


44.15


$ 4,600.00


$ 4,600.00


Park Department Maintenance


Cr.


Appropriation


$ 2,000.00


Pay Roll


$ 580.50


Supplies


846.26


Repairs


136.84


Insurance


327.58


All Other


93.66


Total Payments


$ 1,984.84


Balance to Revenue


15.16


$ 2,000.00


$ 2,000.00


Dr.


$ 4,600.00


287


Cemetery Department-Laurel Hill Cemetery


Cr.


Appropriation from Tax Levy


$ 8,000.00


Appropriation from Cemetery Reserve


600.00


Receipt from Cemetery Bequest Fund


2,049.89


Dr.


Superintendent's Salary


$ 2,327.00


Clerical


788.84


Pay Roll


5,329.00


Telephone


98.17


Material and Supplies


682.69


Equipment and Repairs


1,029.20


Auto Truck Expense


137.54


Insurance


193.80


All Other


57.82


Total Payments


$ 10,644.06


Balance to Revenue


5.83


$ 10,649.89


$ 10,649.89


Forest Glen Cemetery


Cr.


Appropriation


$ 500.00


Dr.


Pay Roll


$ 405.83


All Other


93.80


Total Payments


$ 499.63


Balance to Revenue


.37


$ 500.00


$ 500.00


Care of Soldier's Graves Cr.


Appropriation


$ 400.00


Dr.


Pay Roll


$ 300.00


Material and Supplies


100.00


$ 400.00


$ 400.00


288


G. A. R. Rooms Rent-Vet. Post 194 Cr.


Appropriation


Dr.


210.00


Balance to Revenue


150.0)


$ 360.00 $ 360.00


Rent for American Legion Quarters-Reading Post No. 62


Cr.


Appropriation


Dr.


Reading Veterans' Association


$ 1,000.00 $ 1,000.00


$ 1,000.00


Smith-Hughes Fund


Cr.


Balance from 1932


$ 346.41


Receipts 1933


313.91


Dr.


Hermon T. Wheeler


$ 310.48


Rudolf Sussmann


35.83


Total Payments


$ 346.31


Balance to 1934


313.91


$ 660.22


$ 660.22


George Reed Fund


Cr.


Balance from 1932


$ 37.15


Receipts 1933


45.16


Dr.


Hermon T. Wheeler


$ 37.15


Balance to 1934


45.16


Planning Board Expenses Cr.


Appropriation


$ 65.00


Transfer from Reserve Fund


50.00


Dr.


Blue Prints


$ 37.87


Stationery and Printing


11.85


Other Payments


44.92


Total Payments


$ 94.64


Balance to Revenue


20.36


$ 115.00


$ 115.00


289


$ 82.31


$ 82.31


$ 360.00


M. E. Brande


$ 1,000.00


Reserve Fund Cr.


Appropriation


Dr. $ 5,000.00


Transfer to :


Selectmen's Expenses


$ 100.00


Treasurer's Expenses 250.00


Assessors' Expenses 175.00


980.00


Town Counsel's Expenses


150.00


Land Court Expenses


100.00


Municipal Building Expenses 350.00


Police Station Maintenance


250.00


Miscellaneous Expenses


700.00


Insurance Account


174.07


Police Department Maintenance


700.00


Fire Alarm Maintenance


275.00


Fire Department Maintenance


425.00


Planning Board Expenses


50.00


Old Age Assistance


200.00


$ 4,879.07


Balance to Overlay Reserve


120.93


$ 5,000.00


$ 5,000.00


Land Court Expenses Cr.


Appropriation


$ 300.00


Transfer from Reserve Fund


100.00


Land Court


$ 320.00


Samuel H. Davis, cash paid


21.35


Total Payments


$ 341.35


Balance to Revenue


58.65


$ 400.00


$ 400.00


Removing Boulder Cr.


$ 200.00


Appropriation


Dr.


$ 175.00


Frank L. Noble


Balance to Revenue


25.00


$ 200.00


$ 200.00


Dr.


290


Election and Registration Expenses


Memorial Day Observance Cr.


Appropriation


Dr.


Reading Post No. 62 Band


$ 165.00


Flags


18.48


Flowers


194.50


Refreshments


70.00


Printing


16.25


All Other


18.10


Total Payments


$ 482.33


Balance to Revenue


107.67


$ 590.00


$ 590.00


Town Forest Cr.


Appropriation


Dr.


Pay Roll


$ 87.60


Supplies


1.70


Express


9.27


Total Payments


$ 98.57


Balance to Revenue


1.43


$ 100.00


$ 100.00


Drainage System Survey


Cr.


Balance from 1934


Dr.


Modern Blue Print Co.


$ 24.01


Balance to Revenue


48.49


$ 72.50


$ 72.50


Premium Account


Cr.


Balance from 1932


$ 450.39


Receipt for 1933


41.67


Dr.


Transfer to Maturing Debt Account


$ 450.39


Balance to 1934


41.67


$ 492.06 $ 492.06


291


$ 590.00


$ 100.00


$ 72.50


Junior High School Land Development


Cr.


Balance from 1932


Dr.


Davis and Abbott


$ 28.75


Balance to Revenue


72.40


$ 101.15


$ 101.15


Unpaid Bills of 1932 Cr.


Appropriation


$ 542.76


Dr.


Reading Chronicle Press Inc. Election Expense


$ 167.00


Com. of Mass. Public Welfare


166.42


City of Melrose Public Welfare


140.34


North Reading State San. Contagious Disease


69.00


$ 542.76


$ 542.76


Child Welfare Work Cr.


Appropriation


Dr.


Marion V. Harrington


$ 250.00


Charles R. Henderson M. D.


148.00


Total Payments


$ 398.00


Balance to Revenue


2.00


$ 400.00


$ 400.00


Personal Injuries of Hugh L. Eames Cr.


Appropriation


Dr.


$ 32.00


E. D. Richmond M. D.


18.00


$ 50.00


$ 50.00


Personal Injuries of Earl R. Hutchinson Cr.


Appropriation


Dr.


Winchester Hospital


$ 10.00


William A. Rogers M. D.


23.50


E. D. Richmond M. D.


25.00


$ 58.50


$ 58.50


292


$ 400.00


$ 50.00


Winchester Hospital


$ 58.50


$ 101.15


ACCOUNTING MUNICIPAL LOANS


Temporary Loans, Anticipation of Revenue


Outstanding Jan 1, 1933 Issued in 1933 :


$200,000.00


Month By Whom Purchased


Ratio Amount


Jan., Second National Bank, Boston


3 $ 45,000.00


March, Second National Bank, Boston


5 50,000.00


April, Second National Bank, Boston


5 250,000.00


June, Second National Bank, Boston


5 100.000.00


Nov., Second National Bank, Boston


4 150,000.00


Nov., Second National Bank, Boston


41/4 50,000.00


Nov.


$645,000.00


$845,000.00


Paid in 1933 :


April


$200.000.00


Nov.


245,000.00


Dec.


200.000.00


$645,000.00


Outstanding Dec. 31, 1933


$200,00.00


Loan Anticipation of Reimbursement, State and County


1933


July, Amount borrowed


$ 16,000.00


Dec., Amount paid


$ 16,000.00


Nov., Amount borrowed refunding


6,390.00


Outstanding Dec. 31, 1933


6,390.00


$ 22,390.00


$ 22,390.00


Loan Under Chapter 307


Acts of 1933


Dec., Amount borrowed


$ 30,000.00


Outstanding Dec. 31, 1933


$ 30,000.00


$ 30,000.00


$ 30,000.00


293


Municipal Light Department Loans


Outstanding Jan. 1, 1933 Paid in 1933 Outstanding Dec. 31, 1933


$ 81,500.00


$ 12,000.00 69,500.00


$ 81,500.00 $ 81,500.00


Sewer Department Loans


Outstanding Jan 1, 1933


$116,000.00


Paid in 1933


$ 9,000.00


Outstanding Dec. 31, 1933


107,000.00


$116,000.00


$116,000.00


Water Department Loans


Outstanding Jan. 1, 1933


$101,000.00


Paid in 1933


$ 15,000.00


Outstanding Dec. 31, 1933


86,000.00


$101,000.00


$101,000.00


Municipal Building Loans


Outstanding Jan. 1, 1933


$ 10,000.00


Paid in 1933


$ 2,000.00


Outstanding Dec. 31, 1933


8,000.00


$ 10,000.00 $ 10,000.00


School Building Loans


Outstanding Jan 1, 1933


$126,000.00


Paid in 1933


$ 34,000.00


Outstanding Dec. 31, 1933


92,000.00


$126,000.00


$126,000.00


Police Station Loans


Outstanding Jan. 1, 1933


Paid in 1933


Outstanding Dec. 31, 1933


$ 35,000.00 $ 5,000.00 30,000.00


$ 35,000.00 $ 35,000.00


294


Funded Debt Balancing Account


Total Debt Jan. 1, 1933


$469,500.00


Loan under Chap. 307, Acts of 1933


30,000.00


Paid in 1933 :


Municipal Light Loans


$ 12,000.00


Sewer Loans


9,000.00


Water Department Loans


15,000.00


Municipal Building Loans


2,000.00


School Building Loans


34,000.00


Police Station Loans


5,000.00


Total Payments


$ 77,000.00


Total Debt, Dec. 31, 1933


$422,500.00


$499,500.00 $499,500.00


Debt Maturing in 1934


Loan under chap 307, Acts of 1933


$ 15,000.00


Municipal Light Loan


10,000.00


Sewer Loans


9,000.00


Water Loans


13,000.00


Municipal Building Loan


2,000.00


School Building Loan


34,000.00


Police Station Loan


5,000.00


$ 88,000.00


295


TOWN DEBT, DETAIL OF MATURITIES


Ycar


Chapter 307


Acts 1933


Sewer


Dept.


Water


Dept.


Mun. Lt.


Dept.


Police


Station


Mun. Bldg.


School


Bldg.


Total


1934


$ 15,000.00


$ 9,000.00


$ 13,000.00


$ 10,000.00


$ 5,000.00


$ 2,000.00


$ 34,000.00


$ 88,000.00


1935


15,000.00


8,000.00


13,000.00


10,000.00


5,000.00


2,000.00


34,000.00


87,000.00


1936


8,000.00


10,000.00


7,000.00


5,000.00


2,000.00


24,000.00


‘ 56,000.00


1937


8,000.00


6,000.00


5,500.00


5,000.00


2,000.00


26,500.00


1938


8,000.00


6,000.00


5,500.00


5,000.00


24,500.00


1939


8,000.00


6,000.00


5,500.00


5,000.00


24,500.00


1940


8,000.00


6,000.00


4,000.00


18,000.00


1941


7,000.00


6,000.00


2,000.00


15,000.00


1942


7,000.00


6,000.00


2,000.00


15,000.00


1943


7,000.00


4,000.00


2,000.00


13,000.00


1944


7,000.00


4,000.00


2,000.00


13,000.00


1945


6,000.00


4,000.00


.2,000.00


12,000. J


1946


6,000.00


2,000.00


2,000.00


10,000.00


1947


6,000.00


2,000.00


8,000.00


1948


2,000.00


2,000.00


4,000.00


1949


2,000.00


2,000.00


4,000.00


1950


2,000.00


2,000.00


1951


2,000.00


2,000.00


$ 30,000.00


$107,000.00


$ 86,000.00


$ 69,500.00


$ 30,000.00


$ 8,000.00 $ 92,000.00


$422,500.00


BORROWING CAPACITY


Valuation Abatements in-


Years


Valuation


1931


1932


1933


Total Abatements


Net Valuation


1931


$ 16,189,449


$


46,658 $ 42,493


$ 11,369


$


100,520 $ 16,088,929


Excise


788,245


40,965


14,798


14,060


69,823


718,422


1932 A


16,593,847


D


20,075


66,829


39,551


106,380


16,507,542


Excise


646,437


32,763


17,212


49,975


596,462


1933 A


16,653,924


D


400


54,891


54,891


16,599,433


Excise


510,297


18,073


18,073


492,224


Totals


$ 51,402,674 $ 87,623


$ 156,883


$ 155,156 $


399,662 $ 51,003,012


Valuation 1933


$ 16,654,324.00


Net Valuation for 3 Years


$ 51,003,012.00


Req. Section 7


4,163.58


Average Valuation for 3 Years


17,001,004.00


Tax Rate 1933


28.50


3% of Average Valuation


510,030.12


Ratio of Debt to Valuation, General


1.55


Enterprise 0.91


Total


2.16


Total Debt


Net Debt


Debt inside limit


$111,000.00


$111,000.00


Debt outside limit


General


$156,000.00


156,000.00


Light


69,500.00


69,500.00


Water


86,000.00


$ 86,000.00


$422,500.00


Available Borrowing Capacity on January 1, 1934


$399,030.12


ACCOUNTING TRUST FUNDS Balancing Account


Balance January 1 1933


$221,955.54


Cemetery Bequests


2,142.50


Interest and Income


8,735.03


Refund


51.50


Adjustments


1,216.23


108.09


Payments for Hospital Care -


5,654.42


Payments Care Endowed Cemetery Lots


2,049.89


Payments for Library Books


35.00


Payments for Scholarships


67.50


Balance Dec. 31, 1933


226,185.90


$234,100.80


$234,100.80


Cemetery Bequest Fund


Balance January 1, 1933


$ 60,709.77


Bequests


2,142.50


Interest and Income


2,464.97


Payments Care of Endowed Lots


2,049.89


Balance December 31, 1933


63,267.35


$ 65,317.24 $ 65,317.24


Hospital Fund


Balance January 1, 1933


$155,200.53


Interest and Income


6,115.82


Adjustments


108.09


1,216.23


Payments for Hospital Care


5,654.42


Balance December 31, 1933


156,770.07


$162,532.58


162,532.58


Library Fund


Balance January 1, 133


$ 1,008.75


Interest


30.47


Payments for Books


35.00


Balance December 31, 1933


$ 1,004.22


$ 1,039.22


$ 1,039.22


Reading High School Scholarship Fund


Balance January 1, 1933


$ 5,036.49


Interest


175.27


Payments for Scholarships


$ 67.50


Balance December 31, 1933


5,144.26


$ 5,211.76 $ 5,211.76


298


STATEMENT OF INVESTED FUNDS Cemetery Bequest Funds


Balance Dec. 31, 1933


$ 59,267.35


Investments Listed at Par :


12,000 U. S. Liberty Bonds, 4th 41/4's, 1933- 1938


$ 12,000.00


5,000 N. E. Tel. Tel. 1st. Mort. 5's Series A 1952


5,000.00


5,000 No. Pac. Ry. Ref. & Imp., 6's Series B 2047 4,000 N. Y. C. R. R. Ref. Imp., 5's Series C. 2013


5,000.00


4,000.00


Blackstone Savings Bank, Boston


5,691.30


Home Savings Bank, Boston


4,382.08


Boston Five Cents Savings Bank


7,807.21


Andover Savings Bank


4,015.74


Cambridge Savings Bank


3,956.46


Essex Savings Bank, Lawrence


4,055.21


Mech. Savings Bank, Reading, No. 5103


6,074.52


Mech. Savings Bank, Reading, No. 10714


1,284.83


$ 63,267.35


$ 63,267.35


Library Fund


Balance Dec. 31, 1933


Investment :


Boston Five Cent Savings Bank, No. 987334 $ 1,004.22


$ 1,004.22 $ 1,004.22


Reading High School Scholarship Fund


Balance Dec. 31, 1933


$ 5,135.07


Investments :


Andover Savings Bank $1,000.00


Charlestown Five Cent Savings Bank 3,000.00


Essex Savings Bank, Lawrence 1,000.00


First Nat'l Bank, Reading, Sav. Dept. 135.07


Cash in Closed Bank


9.19


$ 5,144.26 $ 5,144.26


Hospital Fund


Balance Dec. 31, 1933


$152,288.99


Investments, Securities listed at Par or less :


$5,000 Am. Tel .- Tel. Cor. Tr. 5's, 1946 .. $ 5,000.00


$5,000 Boston Elevated, 5's 1937 5,000.00


$5,000 Cent. Hudson Gas & Elec. 5's ,1957


5,000.00


299


$ 1,004.22


$5,000 Chicaga B & Q R. R. Co., Ill., Div. "M" 3 16's 1949


5,000.00


$2,000 Conn. Lt. & Power Co., 1st Ref. S. F 412's 1956


5,000.00


$5,000 Consumers' Power Co., 5's 1936 .. 5,000.00


$5,000 Consumers' Power Co., 41%'s 1958 $5.000 Consolidated Gas of Baltimore Gen. M 41/2's, 1954


5,000.00


$5,000 Ill. Cent. R. R. Co., Tr. 4's 1952 . . 5,000.00


$5,000 Ill. Cent. R. R. Co., St. Louis Div. 1st M 3's, 1951


5,000.00


5,000.00


5,000.00


10,000.00


5,000.00


5,000.00


$5,000 Old Colony R. R. 1st 5's 1945


5,000.00


$5,000 Pacific Gas & Elec. 41/2's, 1957


5,000.00


$5,000 Penn R. R. Co. Gen'l Mort. 41/2's 1965


5,000.00


American Mfg. Co. Common 72 shares


1.00


Home Bleachery & Dye Works, Pfd. 2 Shares 11.00


1.00


Sharp Mfg. Co. Com. 20 Shares (10921300)


1.00


Andover Savings Bank


6,693.07


Charlestown Five Cents Savings Bank


6,758.87


Essex Savings Bank, Lawrence


6,758.82


Mechanics Savings Bank, Reading


16,620.99


First Nat'l Bank, Reading, Savings Dept. 13,443.24


Cash in closed bank


4,481.08


$156,770.07 $156,770.07


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, 1933.


LEON G. BENT, Town Accountant.


300


5,000.00


$5,000 Kansas City Power & Lt. 41/2's, 1957 $5,000 U. S. Treasury Bond 414's, 1952 . . $10,000 U. S. Treasury Bonds 2 7-8's, 1938 $5,000 Kings Co. Elec. Lt & Power 5's 1937 $5,000 N. Y. Cent & H. R. R. Deb. 4's 1934 $5,000 N. Y. Tel. Co. 1st Gen. M 41%'s 1939


5,000.00


Sharp Mfg. Co., Pfd. 55 Shares


BALANCE SHEET DECEMBER 31, 1933


Cash in Banks and Office


$ 36,760.99


Temporary Loans, Anticipation of Revenue $200,000.00


Cash, Municipal Light Dept. Office


250.00


Loan, Anticipation of Reimbursement 6,390.00


Cash, Water Dept. Office


100.00


Cash, Public Library


15.00


Tailings Account 27.50


Motor Vehicle Excise Revenue


5,573.31


$ 37,125.99


Moth and Tree Work Assessments and Int. Rev.




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