Town of Reading Massachusetts annual report 1934, Part 25

Author: Reading (Mass.)
Publication date: 1934
Publisher: The Town
Number of Pages: 374


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1934 > Part 25


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$ 1,426.31


Third Street Construction


Cr.


Appropriation


Dr.


Pay Roll


$ 148.29


Tarvia


72.13


All Other


56.06


Total Payments


$ 276.43


Transferred to Chapin Ave.


39.00


$ 315.48


$ 315.48


Cedar Street Construction Cr.


Appropriation


$ 103.53


Pay Roll


$ 42.83


Tarvia


32.26


All Other


12.12


Total Payments


$ 87.21


Transferred to Sidewalk Const.


16.32


$ 103.53


$ 103.53


Ellis Avenue Construction


Cr.


Appropriation


Dr.


$


26.53


Tarvia


45.26


All Other


13.32


Total Payments


$ 85.11


Transferred to Sidewalk Const. Acct.


55.29


$ 140.40


$ 140.40,


336


$ 140.40


Pay Roll


Dr.


$ 315.48,


Main Street Construction Chapter 90 Cr.


Appropriation


$


6,000.00


From Comm. of Mass


9,000.00


From County of Middlesex


3,000.00


Dr.


Pay Roll


$ 2,183.78


Drainage Material


1,485.72


Contractor


13,603.12


Supplies and Misc.


444.28


Total Payments


$ 17,716.90


Balance to Revenue


283.10


$ 18,000.00


$ 18,000.00


West Street Construction Chapter 90 Cr.


Appropriation


$


5,000.00


From Comm. Mass.


7,500.00


From County of Middlesex


2,500.00


Dr.


Pay Roll


$ 5,271.27


Drainage Supplies


128.39


Equipment Rental


ยท 1,094.00


Road Material, Misc. Supp. and Tools


8,284.05


Total Payments


$ 14,777.71


Balance to Revenue


222.29


$ 15,000.00


$ 15,000.00


Van Norden Road Construction


Cr.


Appropriation


Dr.


Pay Roll


$ 884.74


Truck Hire


156.38


Steam Shovel


378.00


Road Material


555.88


All Other


107.40


Total Payments


$ 2,082.40


Transferred to Chapin Ave.


192.60


-


337


$ 2,675.00


Transferred to Park Dept.


400.00


County Road Construction Cr.


Appropriation


Dr.


Pay Roll


$


807.16


Truck Hire


138.64


Steam Shovel


103.12


Road Material


258.53


All Other


50.01


Total Payments


$ 1,357.46


Balance to 1935


71.29


$ 1,428.75


$ 1,428.75


Chapin Avenue Construction Cr.


Transferred from Van Norden Rd. Acct.


$ 192.60


Transferred from Third St. Acct.


39.00


Transferred from Sewer H. C. Acct.


328.90


Transferred from Bd. Pub. Works Acct.


300.00


Dr.


Pay Roll


$ 14.87


Registry of Deeds


4.60


Total Payments


19.47


Balance to 1935


841.03


$ 860.50


$ 860.50


Street Lighting Cr.


Appropriation


Dr.


Municipal Light Dept.


$ 13,800.00


$ 13,800.00 $ 13,800.00


Water Department Cr.


Appropriation


$ 50,158.93


Transfer from Water Reserve


4,841.02


Dr.


Pay Roll


$ 11,524.62


Clerical


1,490.79


$ 2,675.00


$ 2,675.00


$ 1,428.75


338


$ 13,800.00


Bonds


13,000.00


Interest on Bonds


3,080.00


Telephone


90.70


Insurance


925.19


Office Supplies and Printing


599.77


Fuel


254.20


Power and Light


5,354.50


Supplies


13,310.30


Auto Equipment and Repairs


702.34


Tools and Repairs to Tools


138.84


New Wells


839.88


New Meters and Hydrants


1,020.08


General Repairs


945.90


New Garage


596.71


All Other


803.13


Total Payments


$ 54,676.95


Balance to Water Reserve


323.05


$ 55,000.00


$ 55,000.00


Municipal Light Department


Cr.


Balance from 1933


$ 10,406.46


Bond Issue


20,000.00


Accrued Interest


33.34


Receipts, Sale Light and Power


305,612.21


Refunds


4.09


Dr.


Bond and Note Payments


$ 10,000.00


Interest on Same


2,920.00


Office and Salesroom Expense


6,037.55


Rent


1,811.23


Maintenance and Operation of Lines


34,028.78


Taxes


3,161.00


Insurance


3,036.66


Electric Energy Purchased


84,272.63


Additions to Plant


66,561.55


Manager's Salary


5,267.60


Salaries and Wages


87,496.08


All Other Payments


10,165.33


.


$314,758.41


Paid to Treasurer, Town of Reading


$ 19,054.38


Total Payments


333,812.79


339


Balance to 1935


2,243.31


$336,056.10


$336,056.10


Public Welfare Department Administrative Expense Cr.


Appropriation


$


4,850.00


Transfer from Temporary Aid


1,000.00


Dr.


Salaries :


Supervisory


$ 1,770.00


Investigators and Visitors


2,320.00


Clerical


863.39


Visitor's Expenses


149.47


Office Equipment


177.10


Printing and Postage


134.70


Office Supplies


215.06


Trucking


8.08


Telephone


92.83


Other Payments


114.43


Total Payments


$ 5,845.06


Balance to Revenve


4.94


$ 5,850.00


$ 5,850.00


Aid, Board and Care Cr


Appropriation


$ 50,000.00


Transfer from Temporary Aid


500.00


Transfer from Interest Account


2,300.00


Transfer from Military Aid


200.00


Refunds


321.06


Dr.


Cash


$ 6,465.30


Pay Roll Labor


19,138.85


Board


3,208.53


Shelter


4,466.66


Food


7,910.45


Fuel and Light


2,621.04


Hospital and Medical


4,501.34


Clothing


963.22


Mass. Hospital School


371.98


Division of Child Guardianship


195.00


Payments to Other Cities and Towns


1,390.73


Household Necessities


271.28


340


Trucking


284.65


Federal Coal Unloading Charge


70.00


E. R. A. Expense


744.59


Purchase of Truck


152.50


Other Payments


527.52


Total Payments


$ 53,283.64


Balance to Revenue.


37.42


$ 53,321.06 $ 53,321.06


Temporary Aid Cr.


Appropriation


$ 13,000.00


Transfer from Reserve Fund


300.00


Refunds


2.60


Dr.


Cash


$ 2,034.00


Pay Roll Labor


3,294.75


Board


501.70


Rent


1,245.45


Food


2,940.81


Fuel and Light


881.86


Hospital and Medical Care


798.41


Clothing


273.37


Household Necessities


57.00


Other Payments


3.20


Total Payments


$ 12,030.55


Transferred to Adm. Expense


$ 1,000.00


Transferred to Aid, Board and Care


500.00


Transferred to Mother's Aid


200.00


Overdraft to 1935


$ 427.95


$ 13,730.55


$ 13,730.55


Mother's Aid Cr.


.


Appropriation


$ 6,000.00


Transfer from Temporary Aid


200.00


Transfer from Reserve Fund


100.00


Dr.


Cash


$ 4,621.50


Food


446.87


Rent


691.03


Fuel and Light


240.80


Hospital and Medical


215.89


1


341


Clothing Household Necessities


43.81


4.25


Other Payments


17.11


Total Payments


$ 6,281.26


Balance to Revenue


18.74


$ 6,300.00 $ 6,300.00


Old Age Assistance


Cr.


Appropriation


$ 14,000.00


Transfers from Soldier's Relief


3,000.00


Refunds


229.00


Dr.


Cash


$ 14,549.44


Fuel


191.78


Household Necessities


118.90


Clothing


37.65


Hospital and Medical


844.28


Board


462.72


Payments to other Cities and Towns


347.46


Burial Expenses


394.02


Other Payments


2.50


Total Payments


$ 16,948.75


Balance to Revenue


280.25


$ 17,229.00 $ 17,229.00


Soldiers' Benefits, Soldiers' Relief


Cr.


Appropriation


$ 15,000.00 18.40


Refunds


Dr.


Cash Account Civil War


$ 209.00


Cash Account Span. and Phil. War


620.50


Cash Account World War


6,057.15


Payroll-Labor


2,237.80


Food


504.92


Fuel


386.84


Medical


498.19


Clothing


197.94


Investigator


520.00


Investigator's Expenses


42.16


Office Equipment


182.86


342


Trucking All Other 136.87


42.53


Total Payments


$ 11,636.76


Transferred to E. R. A.


$ 106.82


Transferred to O. A. A.


3,000.00


Balance to Revenue


274.82


$ 15,018.40


$ 15,018.40


Military Aid Cr.


Appropriation


Dr.


Cash Payments


$ 210.00


Transferred to Aid, Board and Care Account


200.00


Balance to Revenue


290.00


State Aid Cr.


Appropriation


$


1,000.00


Refunds


15.00


Dr.


Cash Payments


$ 710.00


Balance to Revenue


305.00


$ 1,015.00


$ 1,015.00


School Department General Salaries Cr.


Appropriation


$165,000.00 248.37


Transfer from Reserve Fund


Dr.


Superintendent's Salary


$ 3,709.88


Principals' and Teachers' Salaries


140,147.56


Janitors' Salaries


15,675.64


Attendance Officer


435.00


Medical Inspection


935.00


School Nurse


1,895.00


Substitutes


1,900.29


Total Payments


$164,698.37


Transferred to School Maintenance Acct.


550.00


* $165,248.37


$165,248.37


.


343


$ 700.00


$ 700.00


$ 700.00


School Department General Maintenance Cr.


Appropriation


$ 42,150.00


Transferred from E. R. A.


800.00


Transferred from School Sal. Acct.


550.00


Transferred from Agri. Sal. Acct.


250.00


Transferred from Agri. Maint. Acct.


100.00


Refunds


84.97


Dr.


Transportation of Pupils


$ 5,949.30


Tuition


19.14


Text Books


5,457.84


Supplies for Pupils


4,992.98


Apparatus for Teaching


988.70


Administrative Lxpenses


3,135.32


Fuel


4,292.41


Operation of Plant


6,096.98


Maintenance and improvements


9,322.99


Insurance


3.372.16


Professional Services


50.00


Total Payment.


$ 43,677.82


Balance to Revenue


257.15


$ 43,934.97


$ 43,934.97


School Department Agricultural Maintenance


Cr.


Appropriation


$ 300.00


Dr


Hermon T. Wheeler, Expenses $ 89.10


Books and Supplies


66.31


Total Payments


$ 155.41


Transferred to School Maint.


100.00


Balance to Revenue


44.59


$ 300.00 $ 300.00


School Department Agricultural Salaries


Cr.


Appropriation


$


3,000.00


Smith-Hughes Fund


313.91


George Reed Fund


45.16


Pay Roll


Dr. $ 3,096.32


344


Transferred to School Maint.


250.00


Balance to Revenue


12.75


$ 3,359.07 $ 3,359.07


Art. 24-Highland School Repairs, Furn. Cr.


Appropriation


$ 9,700.00


Architect's Fees


$ 734.70


Carpentry Work


3,436.00


Electrical Work


430.95


Painting


465.00


Plumbing


3,192.00


Furnishings


1,441.35


Total Payments


$ 9,700.00 $ 9,700.00


Art. 25-Paint, etc. School Bldgs. C. W. A. Cr.


Appropriation


$ 800.00


Transfer from Reserve Fund


450.00


Dr.


Paint and Materials


$ 1,169.69


Trucking


20.50


Equipment


55.00


Total Payments


$ 1,246.19


Balance to Revenue


3.81


$ 1,250.00


$ 1,250.00


Industrial Tuition Cr.


Appropriation


1,500.00 $


City of Somerville


$ 88.48


City of Medford


842.71


City of Boston


64.61


Total Payments


$ 995.80


Balance to Revenue


504.20


$ 1,500.00


$ 1,500.00


Public Library Salaries Cr.


Appropriation


$ 5,000.00


345


Dr.


Dr.


Dr.


Bertha L. Brown, Librarian


$ 1,456.72


Grace J. Abbott, Librarian


1,169.64


A. Rebecca Turner, Asst. Librarian


767.84


Ruth W. Currier


346.29


Mona Mitchell


72.72


Nora Carney


239.68


Phyllis Comey


30.76


William H. Killam, Janitor Service


706.50


Total Payments


$ 4,790.15


Balance to Revenue


209.85


$ 5,000.00


$


5,000.00


Public Library Maintenance


Cr.


Appropriation


$ 2,800.00


Dr.


Books and Periodicals


$


1,413.13


Binding


33.24


Stationery and Supplies


326.50


Building Repairs


162.21


Fuel


316.85.


Light


163.97


Water and Sewer


15.35


Removing Ashes


8.88


Insurance


179.02


Copying Records


39.09


Telephone


44.34


All Other


92.48


Total Payments


$ 2,795.06


Balance to Revenue


4.94


$ 2,800.00 $ 2,800.00


Park Maintenance Department


Cr.


Appropriation


$ 2,000.00


346


Transfer from Reserve Fund


Transfer from Van Norden Road Acct.


300.00 400.00


Dr.


Pay Roll


$


364.25


Supplies


1,381.46


Repairs


182.28


New Equip.


172.03


Insurance


350.12


All Other


249.86


Total Payments


$ 2,679.18


Balance to Revenue


20.82


$ 2,700.00 $ 2,700.00


Cemeteries, Laurel Hill Maintenance


Cr.


Appropriation


$ 8,000.00


Appropriation from Cemetery Reserve


600.00


Receipt from Cemetery Bequest Fund


2,329.60


Dr.


Superintendent's Salary


$ 2,371.75


Clerical


804.01


Pay Roll


5,266.38


Telephone


100.45


Material and Supplies


890.76


Equipment and Repairs


961.88


Auto Truck Expense


266.68


Insurance


159.70


All Other


93.16


Total Payments


$ 10,914.77


Balance to Revenue


14.83


$ 10,929.60 $ 10,929.60


Cemeteries, Forest Glen Maintenance


Cr.


Appropriation


$ 600.00


Dr


.


Pay Roll


$ 495.85


347


All Other


79.87


Total Payments


$ 575.72


Balance to Revenue


24.28


$ 600.00


$ 600.00


Article 6-Reserve Fund


Cr.


Appropriation


$ 5,000.00


Dr.


Transfers to following accounts :


Selectmen's Expenses


$ 300.00


Treasurer's Expenses


325.00


Collector's Expenses


300.00


Collector's Clerical


75.00


Election and Registration


625.00


Miscellaneous Expenses


425.00


Municipal Building Maint.


725.00


Town Counsel's Expenses


71.00


Police Dept. Maint.


125.00


Police Dept. Salaries


202.03


Tree Warden Maint.


100.00


Fire Alarm Maint.


275.00


School Dept. Gen. Salaries


248.37


School Dept. Gen. Maint.


450.00


Park Department


300.00


Snow and Ice Removal


22.63


Temporary Aid


300.00


Mothers' Aid


100.00


Total Transfers


$ 4,969.03


Balance to Revenue


30.97


$ 5,000.00


$ 5,000.00


Planning Board Expenses


Cr.


Appropriation


$ 575.00


Dr.


Blue Prints


$ 158.12


Stationery and Printing


18.35


Transit Rental


150.00


Transit with Target


100.00


348


Mass. Federation of Planning Boards Other Supplies All Other


30.00


110.58


7.58


Total Payments


$ 574.63


Balance to Revenue


.37


$ 575.00


$ 575.00


Memorial Day Observance


Cr.


Appropriation


$ 500.00


Dr.


Reading Post No. 62 Band


$ 165.00


Flags


27.00


Flowers


149.15


Refreshments


86.75


Printing


18.50


Amplifiers


25.00


All Others


7.00


Total Payments


$ 478.40


Balance to Revenue


21.60


$ 500.00


$ 500.00


Art. 16 Fire Apparatus


Cr.


Appropriation, Tax Levy


$ 4,500.00


Notes Issued


7,600.00


Accrued Interest


2.85


Dr.


Seagrave Corp.


$ 12,047.90


Comm. of Mass. Certifying


16.00


American Bank Note Co.


23.29


Total Payments


$ 12,087.19


349


Lalance to Revenue


15.66


$ 12,102.85 $ 12,102.85


Interest Account Not Including Water, Light and Sewer


Cr.


Appropriation


$ 20,665.00


Dr.


On Emergency Loan $ 1,029.58


On Police Station Loan


1,100.00


On Mun. Building Loan


360.00


On School Building Loan


3,680.00


On Temporary Loans


11,643.75


Total Payments


$ 17,813.33


Transferred to Aid, Board and Care


$ 2,300.00


Transferred to Fire Alarm


200.00


Balance to Revenue


351.67


$ 20,665.00 $ 20,665.00


Maturing Debt. not Including Water and Light


Cr.


Appropriation ..


$ 65,000.00


Dr.


Emergency Loan, Chap. 307, Acts 1933


$ 15,000.00


Sewer Department Loan


9,000.00


Police Station Loan


5,000.00


Municipal Building Loan


2,000.00


School Building Loan


34,000.00


$ 65,000.00 $ 65,000.00


350


1


ACCOUNTING SPECIAL FUNDS


Balance Balance Jan. 1, '34 Receipts Payments Dec. 31, '34


Name of Fund


Public Welfare, Special Fund


$ 32.76


$ 39.86 .$


54.00


$ 18.62


Morrison Fund


249.06


67.27


225.52


.


90.81


E. R. A. Clothing Fund


128.86


119.40


9.46


Base Ball Fund ..


63.33


45.55


17.78


Dog Licenses from Town Clerk


1,495.80


1,471.20


24.60


Library Fund, Special


22.60


22.60


World War Memorial


4,069.82


4,069.82


Smith-Hughes Fund


313.91


279.97


313.91


279.97


George Reed Fund


45.16


36.91


45.16


36.91


Fremium Account


41.67


41.67


Junior High School


101.66


101.66


Tailings Account


27.50


10.05


37.55


Guarantee Deposits


Cemetery Work


320.00


320.00


Sewer House Connections


292.25


292.25


Sidewalk Work


71.25


71.25


Other Accounts


Civil Works Service


Dr. 82.35


6,578.34


6,405.99


E. R. A. Projects


9,332.66


9.42


9,102.74


289.34


ACCOUNTING SUNDRY APPROPRIATIONS


Balance Jan. 1, 1934


Appropri'n 1934


Expended Balance to Revenue


Title of Account


J. H. S. Land Development


$ 72.40


$ 72.40


Unpaid bills, 1933 .


$ 300.00


61.58


$ 238.42


Land Court Expenses


100.00


95.20


4.80


Child Welfare Work


400.00


400.00


Overdraft Snow and Ice Acct.


653.36


653.36


Damage Suit Settlement


500.00


500.00


Land Great Island


25.00


25.00


Police Weapons and Equipment


1,100.00


1,042.41


57.59


Police Dept. Auto


850.00


638.20


211.80


Police Dept. Ambulance


2,500.00


2,469.04


30.96


Fire Alarm Box


125.00


121.60


3.40


Fire Alarm, Main St.


1,300.00


1,300.00


Fire Alarm, Haven St.


900.00


900.00


J. H. S. Bleachers


3,100.00


3,041.01


58.99


Personal Injuries


61.00


61.00


Middlesex County Hospital


6,423.00


6,423.00


Town Forest Development


75.00


52.82


22.18


Rent, Legion Quarters


1,000.00


1,000.00


Overdraft Old Age Assistance


18.00


18.00


Care Soldiers' Graves ..


400.00


400.00


ACCOUNTING TRUST FUNDS


Balance Jan. 1, 1934


$226,185.90


Cemetery Bequests


2,510.00


Interest and Income


8,733.73


Adjustment


$ 1,115.88


Payments for Hospital Care


4,117.48


Payments Care Endowed Lots


2,329.60


Payments for Scholarships


175.00


Balance Dec. 31, 1934


229,691.67


$237,429.63


$237,429.63


Cemetery Bequest Fund


Balance Jan. 1, 1934


$ 63,267.35


Bequests


2,510.00


Interest and Income


2,490.98


Payments Care Lots


$ 2,329.60


Balance Dec. 31, 1934


65,938.73


$ 68,268.33


$ 68,268.33


Hospital Fund


Balance Jan. 1, 1934


$156,770.07


Interest and Income


6,041.52


Adjustment


$ 1,115.88


Payments for Hospital Care


4,117.48


Balance Dec. 31, 1934


157,578.23


$162,811.59


$162,811.59


Library Fund


Balance January 1, 1934


$ 1,004.22


Interest


30.35


Balance December 31, 1934


$ 1,034.57


$ 1,034.57 $ 1,034.57


Reading High School Scholarship Fund


Balance January 1, 1934


$


5,144.26


Income


170.83


Payments for Scholarships


$ 175.00


Balance December 31, 1934


5,140.14


$ 5,315.14 $ 5,315.14


353


STATEMENT OF INVESTED FUNDS


Cemetery Bequest Funds


Balance Dec. 31,1934


$ 65,938.73


Investments Listed at Far :


$2,000 U. S. Liberty Bonds, 4th 41/4's, 1933- 1938


$ 2,000.00


$5,000 N. F. 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, No. 10672


5,877.74


Home Savings Bank, Boston, No. 368,204


4,514.52


Boston Five Cents Savings Bank, No. 948,228


9,342.59


Andover Savings Bank, No. 40,177


4,147.29


Cambridge Savings Bank, No. 89,112


4,096.13


Essex Savings Bank, Lawrence, No. 230,779


4,188.06


Mech. Savings Bank, Reading, No. 5103


6,233.97


Mech. Savings Bank, Reading, No. 10,714


1,431.34


Malden Savings Bank, No. 137,262 5,072.92


Woburn Savings Bank, No. 61,052


5,029.17


$ 65,938.73 $ 65,938.73


Library Fund


Balance Dec. 31, 1934


$ 1,034.57


Investment :


Boston Five Cent Savings Bank, No. 987334


$ 1,034.57


$ 1,034.57 $ 1,034.57


Reading High School Scholarship Fund


Balance Dec. 31, 1934 $ 5,140.14


Investments :


Andover Savings Bank, No. 39861 $ 1,000.00


Charlestown Five C'ts Sav'gs Bk. No. 161863 3,000.00


Essex Savings Bank, Lawrence, No. 230,306 1,000.00


First Nat'l Bank, Reading, Sav. Dept., No. 5624 133.24


Cash in Closed Bank


6.90


$ 5,140.14 $


5,140.14


354


Hospital Fund


Balance Dec. 31, 1934


$157,578.23


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


$5,000 Chicago B & Q R. R. Co., Ill., Div. "M" 3 1/2's 1949 &. 5,000.00


$5,000 Conn. Lt. & Power Co., 1st Ref. S. F 41/2's 1956 Series C.


5,000.00


$2,000 Conn. Lt. & Power Co., 1st Ref. S. F. 7's 1951 Series A.


2,000.00


$5,000 Consumers' Power Co., 5's 1936 . . $5,000 Consumers' Power Co., 41/2's 1958 ..


5,000.00


5,000.00


$5,000 Consolidated Gas of Baltimore Gen. M 41/2's, 1934


5,000.00


$5,000 Ill. Cent. R. R. Co., Tr. 4's 1952 . . $5,000 Ill. Cent. R. R. Co., St. Louis Div. 1st M 3's, 1951


5,000.00


$5,000 Kansas City Power & Lt. 41/2's, 1957


5,000.00


5,000.00


$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. Tel. Co. 1st Gen. M 412's 1939


5,000.00


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


5,000.00


$5,000 Facific Gas & Elec. 41/2's, 1957 .... $5,000 Penn. R. R. Co. Gen'l Mort. 4.1/2's 1965


5,000.00


American Mfg. Co. Common 72 shares


1.00


Home Bleachery & Dye Works, Pfd. 2 Shares


11.00


Sharp Mfg. Co., Pfd. 55 Shares


1.00


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


1.00


Andover Savings Bank, No. 39860


6,912.35


Charleston Five Cents Savings Bank, No. 162338


6,997.49


Essex Savings Bank, Lawrence, No. 230778 Mechanics Savings Bank, Reading, No. 9189 First Nat. Bank, Reading, Savings Dept. No. 6435


17,207.78


Warren Institute for Savings, Boston, No. 135648


5,012.50


Cash in closed bank


3,360.81


$157,578.23


$157.578.23


355


5,000.00


10,000.00


5,000.00


5,000.00


6,980.24


14,093.06


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 ac- curate statement, December 31, 1934.


LEON G. BENT, Town Accountant.


ACCOUNTING LOANS Anticipation of Revenue


Outstanding Jan. 1, 1934


$200,000.00


Issued in 1934:


Purchased


Month


by


Ratio


Amount


January Second National Bank, Boston


43/4


$ 40,000.00


April


23/4


150,000.00


June


23/4


150,000.00


July


11/4


75,000.00


November


11/2


200,000.00


December


11/4


50,000.00


665,000.00


$865,000.00


Paid in 1934:


May


$ 50,000.00


June


100,000.00


July


50,000.00


November


340,000.00


December


75,000.00


615,000.00


Outstanding December 31, 1934


$250,000.00


Loans Anticipation of Reimbursement, State and County


Outstanding


Issued


Paid


Jan. 1, 1934


1934


Ratio


1934


First National Bank


$


639.00


$ 639.00


First National Bank


$ 12,000.00


2


$ 12,000.00


Second National Bank Bos.


10,000.00


1.10


10,000.00


$ 639.00 $ 22,000.00


$ 22,639.00


Unpaid Bills, Dec. 31, 1934


Sundry Parties Town Clerk's Dept.


$ 5.00


Election & Registration


18.00


Fire Sta. Maintenance


61.25


Police Dept. Maintenance


90.99


Public Welfare Dept.


2,474.15


Soldiers' Relief


4.00


Health Dept.


42.00


..


$ 2,695.39


Note: For unpaid bills Light Department see Department report.


356


ACCOUNTING TOWN DEBT Detail of Payments in 1934, etc.


Outstanding Jan. 1, 1934


Issued in 1934


Paid in 1934


Outstanding Dec. 31, 1934


Town Debt Maturing in 1935


Loan Emergency Loan Chap. 307,


Acts 1933


$ 30,000.00


$ 15,000.00


$ 15,000.00


$ 15,000.00


Municipal Light


69,500.00


20,000.00


10,000.00


79,500.00


12,000.00


Sewer


107,000.00


9,000.00


98,000.00


8,000.00


Water


86,000.00


13,000.00


73,000.00


13,000.00


Municipal Building


8,000.00


2,000.00


6,000.00


2,000.00


School Building


92,000.00


34,000.00


58,000.00


34,000.00


Police Station


30,000.00


5,000.00


25,000.00


5,000.00


Fire Engine


7,600.00


7,600.00


2,000.00


$422,500.00


$27,600.00


$ 88,000.00


$362,100.00


$ 91,000.00


TOWN DEBT, DETAIL OF MATURITIES


Year


Chap. 307


Acts 1933


Mun. Light


Dept.


Sewer Dept.


Water Dept.


Mun. Bldg.


School Bldg.


Police Station


Fire Engine


Total


1935


$ 15,000.00 $ 12,000.00 $


8,000.00 $ 13,000.00


$


2,000.00 $ 34,000.00 $ 5,000.00


$ 2,000.00


$ 91,000.00


1936


9,000.00


8,000.00


10,000.00


2,000.00


24,000.00


5,000.00


2,000.00


60,000.00


1937


7,500.00


8,000.00


6,000.00


2,000.00


5,000.00


2,000.00


30,500.00


1938


7,500.00


8,000.00


6,000.00


5,000.00


1,000.00


27,500.00


1939


7,500.00


8,000.00


6,000.00


5,000.00


600.00


27,100.00


1940


6,000.00


8,000.00


6,000.00


20,000.00


1941


4,000.00


7,000.00


6,000.00


17,000.00


1942


4,000.00


7,000.00


6,000.00


17,000.00


1943


4,000.00


7,000.00


4,000.00


15,000.00


1944


4,000.00


7,000.00


4,000.00


15,000.00


1945


2,000.00


6,000.00


4,000.00


12,000.00


1946


2,000.00


6,000.00


2,000.00


10,000.00


1947


2,000.00


6,000.00


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


$ 15,000.00 $ 79,500.00


$ 98,000.00 $ 73,000.00


$ 6,000.00 $ 58,000.00 $ 25,000.00


$ 7,600.00


$362,100.00


BORROWING CAPACITY 1935


Valuation Abatements in


Years


Valuation


1932


1933


1934


Total Abatements


Net Valuation


1932 A


$16,593,847


$66,829


$ 39,799


$ 13,226


$119,354


$16,494,068


D


20,075


Excise


646,437


32,763


17,212


18,416


68,391


578,046


1933


A


16,653,924


D


400


54,891


33,423


88,314


16,566,010


Excise


510,297


18,073


16,994


35,067


475,230


1934


A


16,606,208


51,578


51,578


16,554,630


Excise


488,554


20,996


20,996


467,558


Totals


$51,519,742


$99,592


$129,975


$154,633


$384,200


$51,135,542


Valuation


1934


$16,606,208.00


Net Vamiation for 3 years


$51,135,542


Req. Section 7


4,151.55


Average Valuation for 3 years


17,045,180


Tax Rate 1934


32.80


3% of Average Valuation


511,355.42


Ratio of Debt to Valuation General


1.23


Enterprise 0.89


Total


2.12


Total Debt Net Debt


Debt inside limit


.. General


$ 85,600.00 $ 85,600.0 )


Debt outside limit


. General


124,000.00


124,000.00


Light


79,500.00


79,5000.0


Water


73,000.00


73,000.00


$362,100.00


$362,100.00


Available Borrowing Capacity Jan. 1, 1935. .


$425,755.42


BALANCE SHEET DECEMBER 31, 1934


Cash in Banks and Offices $ 45,792.42 Cash in Closed Bank 4,181.89


Temporary Loans Anticipation of Revenue $250,000.00 Reserve for Cash in Closed Bank 4,181.89


Tailings Account 37.55


Taxes and Assessments Receivable


Motor Vehicle Excise Revenue 5,375.49


Moth Assessments Revenue


321.50


Sewer Ass'ts. and Int. Revenue


673.87


Poll, Personal and Real Est. 1933


24,449.63


Sewer Rental Revenue


1,017.72


Poll, Personal and Real Est. 1934


239,581.10


Sidewalk and Curb. Ass'ts. and Int. Revenue . . Highway Bett. Ass'ts. and Int. Revenue


2,680.16


Old Age Assistance Tax 1933


84.00


Sewer Ass'ts. Appor'n. Rev. 1935-1943 2,260.66


Motor Vehicle Excise Tax 1932


193.36


Sidewalk Ass'ts. Appor'n. Rev. 1935-1943


2,580.50


Motor Vehicle Excise Tax 1933


1,113.26


Motor Vehicle Excise Tax 1934


4,068.87


Cemetery Lots and Beq. Revenue


426.25


Moth Assessments 1933-1934


321.50


Tax Titles Revenue 25,783.19


Departmental Accounts Rec. Revenue 35,494.64


Water Dept. Accts. Rec. Revenue 1,594.65


Sewer Rentals 1,017.72


Mun. Light Dept. Accounts Rec. Revenue


29,706.18


Sidewalk and Curb Assessments


598.17


Mun. Light Dept. Maintenance Account 2,243.31


Committed Interest on same


85.74


Cemetery Reserve 4,454.39


Highway Bett. Assessments 1933-1934


2,470.56


Water Reserve 2,809.13


Personal Estate 1931 $ 169.53


Poll and Personal Estate 1932 261.10


683.91


Old Age Assistance Tax 1932 8.00


Highway Bett. Ass't. Appor'n. Rev. 1935-1942 4,112.61


Sewer Assessments 1933-1934


519.65


Committed Interest on same


154.22


Committed Interest on samne 209.60


1


Sewer Reserve


1,255.97


Sewer Ass'ts. Appor'n. 1935-1943 2,260.66


Overlay 1933 7,099.47


Sidewalk & Curb Ass'ts. Appor'n 1935-1943


2,580.50


Overlay 1934


2,651.17


Highway Bett. Ass'ts. Appor'n. 1935-1942 Cem. Lots & Beq. Deferred Payments ...


426.25


Block System Survey


259.52


Tax Titles


25,783.19


County Road Account


71.29


Departmental Acc'ts. Receivable


35,494.64


Chapin Avenue Account


841.03


Water Dept. Acc'ts. Receivable


1,410.50


Junior High School Account


101.66


Mun. Light Dept. Accts. Receivable


29,706.18


E. R. A. Frojects Account 289.34


Water Liens Receivable


184.15


Special Account Sale Land


748.25


State Aid to Highways


985.48


Dog Tax Account


24.60


County Aid to Highways


328.49


World War Memorial Fund


4,069.82


Overlay 1932 Deficit


385.54


Public Welfare Special Fund


18.62


Overdraft Temporary Aid Account


427.95


Public Library Special Fund


22.60


Old Age Assistance Tax .


7.00


Morrison Fund


90.81


Base Ball Fund


17.78


E. R. A. Clothing Fund


9.46


Smith-Hughes Fund


279.97


George Reed Fund


36.91


Excess and Deficiency Account 35,087.36


$429,574.46


$429,574.46


4,112,61


Overlay Reserve


161.23


284,259.73


Old Age Assistance Tax Abated


201.00


95,340.37


DEBT ACCOUNTS


Net Funded Debt


$362,100.00


Emergency Finance Loan


. . . .


$ 15,000.00


Municipal Light Loans


79,500.00


Sewer Loans


93,000.00


Water Loans


73,000.00


Municipal Building Loan


6,000.0)


School Building Loan


58,000.00


Police Station Loan


25,000.00


Fire Engine Loan


7,600.00


$362,100.00


$362,100.00


TRUST FUNDS


Trust Funds Cash and Securities


$226,323.96


Hospital Fund


$154,217.42


Hospital Fund in Closed Bank 3,360.31


Cemetery Bequest Fund


65,938.73


Reading High Sch. Fund


5,133.24


R. H. S. Sch. Fund in Closed Bank


6.90


Public Library Fund


1,034.57


$229,691,67


$229,691.67


Trust Funds in Closed Bank


3,367.71


INDEX


Page 301


Accountant


Births Registered


76


Board of Appeal 102 293


Board of Assessors


104


Board of Public Welfare


114


Board of Public Works


189


Highway Department


204


Park Department


222


Playground


225


Sewer Department


227


Superintedent's Report


235


Water Department


191


Cemetery Trustees


110


Forest Glen Cemetery


112


Laurel Hill Cemetery


111


Chief of Fire Department


98


Chief of Police


97


Civil Works Administration


123


Custodian of Soldiers' and Sailors' Graves


113


Deaths Registered


86


Dogs Licensed


74


Elections : Town


12


Electric Light Commissioners


237


Manager's Report


233


Auditor's Report 265


Federal Payrolls Summary


126


Forest Warden


101


Inspector of Animals


104


Inspector of Buildings


103


Inspector of Milk and Food


291


Inspector of Flumbing


103


Inspector of Wires 105


Licenses, Hunting and Fishing 75


List of Jurors 9


Marriages Registered


80


Middlesex County Extension Service 126


Board of Health


INDEX


Page


Notice to Parents, Housewives, Physicians and Midwives 74


Party Primaries 52


Planning Board


287


Public Library


106


Registrations Summary


125


Safety Council 289


School Committee


129


Administrative Officers


130 176


Attendance Officer's Report


144


Budget


133


Change in Personnel 137


Drawing Supervisor's Report 171


Health Director's Report


178


Junior High School Principal's Report


155


Music Supervisor's Reports :


Junior and Senior High Schools 154


Elementary Grades 168


Physical Education Director's Report


158


Principal's Report of Highland, Center and Union Schools


173


Report of School Committee


132


Research and Elementary Supervision


160


School Lunch Manager's Report


146


Senior High School, Principal's Report


149


Superintendent's Report


141


Teachers in Service, Dec. 31, 1934


138


Sealer of Weights and Measures 292


Selectmen


90


Soldiers' Relief Agent


123


State Election


59


Superintendent of Fire Alarm


100


Tax Collector


296


Town Counsel


95


Town Forest Committee 290


Town Meetings


12


Town Officers


3


Town of Reading, Statistics


8


Treasurer 298


0


Tree Warden and Moth Superintendent


102


Agricultural Department





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