Town of Reading Massachusetts annual report 1938, Part 26

Author: Reading (Mass.)
Publication date: 1938
Publisher: The Town
Number of Pages: 378


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1938 > Part 26


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4,559.9.1


359


Mechanics Savings Bank, Reading No. 5103. 4,685.82 Mechanics Savings Bank, Reading, No. 10714 2,080.14 Malden Savings Bank, No. 137262 5,756.89


Woburn Five Cents Savings Bank, No. 61052 5,651.29


$ 78,557.04


Library Fund


Investment :


Boston Five Cents Savings Bank, No. 987,334. $ 1,057.19


Horace G. Wadlin Fund .


Investment :


Boston Five Cents Savings Bank, No. 1079095 $ 1,789.27


Reading High School Scholarship Fund


Investments :


Andover Savings Bank, No. 39,861 $ 1,000.00


Charlestown Five Cents Savings Bank, No. 161863 3,000.00


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


First National Bank, Reading, Savings Dept., No. 5624. 37.94


$ 5,037.94


Hospital Fund


Investments Listed at Par or Less : $5000 Chicago B. & Q. R. R. Co., Ill., Div. "M" 312's, 1949. . $ 5,000.00


$4050-100 Shares First National Bank, Boston .. 4,050.00


$5000 Consolidated Gas of Baltimore Gen. M 412's, 1954. 5,000.00


$5000 Ill. Cent. R. R. Co., Tr. 4's 1952 5,000.00


$5000 Ill. Cent. R. R. Co., St. Louis Div. 1st M 3's, 1951 5,000.00


$5000 U. S. Treasury Bonds 41/4's, 1952 5,000.00


$10,000 U. S. Treasury Bonds 23/4's 1963 10,000.00


$5000 Pitts. Cinn. Chicago & St. L., 4/2's 1977 5,000.00


$5000 N. Y. Tel. Co. 1st Gen M 41/2's 1939 5,000.00


360


$5000 Old Colony R. R. 1st 5's, 1945 5,000.00


$5000 Penn. R. R. Co. Gen. Mort. 41/2's 1965 5,000.00


American Mfg. Co., Common, 72 Shares 1.00


Home Bleachery & Dye Wks. 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


7,621.91


Charlestown Five Cents Savings Bank, No. 162338. 7,901.99


Essex Savings Bank, Lawrence, No. 230778


7,766.77


Mechanics Savings Bank, Reading, No. 9189


15,191.49


First National Bank, Reading, Savings Dept., No. 6435.


5,582.30


Chelsea Savings Bank, No. 154784.


9,717.88


Danvers Savings Bank, No. 2189


1,063.98


Dedham Institution for Savings, No. 72053


3,088.28


Franklin Savings Bank, Boston, No. 187890


2,096.69


Lynn Five Cents Savings Bank, No. 244496


2,041.87


Malden Savings Bank, No. 141347 5,609.09


2,055.38


Provident Institution for Savings, Boston, No. 615034


8,428.58


Suffolk Savings Bank, Boston, No. 544673


2,095.03


Wakefield Savings Bank, No. 135648


4,100.63


Warren Institution for Savings, Boston, No. 135648.


10,746.49


Woburn Five Cents Savings Bank, No. 63401


4,729.22


Cash in General Fund


2,616.12


$161,517.70


I hereby certify that, in accordance with the provisions of Section 55, Chapter 41 of the General Laws, I have audited the account of the Commissioners of Trust Funds, have examined the securities and veri- fied bank balances and report the foregoing to be a true and accurate statement, December 31, 1938.


LEON G. BENT,


Town Accountant.


UNPAID BILLS 1938


Public Library


$ 92.91


Contagious Diseases


222.00


Board of Health


16.00


Police Department


6.45


School Department


36.84


Public Welfare Department


1,471.52


$ 1,845.72


For unpaid bills of Municipal Light Department, see Department Report.


361


Melrose Savings Bank, No. 52937


BALANCE SHEET DECEMBER 31, 1938


ASSETS


LIABILITIES AND RESERVES


Cash in Banks and Offices Petty Cash :


$346,616.90


Temporary Loans in Anticipation of Reimbursement $ 29,000.00 Temporary Loans in Anticipation of Revenue 275,000.00


Municipal Light Dept.


250.00


Water Dept.


100.00


Municipal Light Consumer's Deposits 9,329.54


Premium on Loans


321.95


School Dept.


25.00


Hospital Fund


2,616.12


Library Dept.


15.00


Cemetery Reserve Fund


6,229.55


Soldiers' Memorial Fund


5,189.57


Unexpended Appropriation Balances


12,755.77


Taxes: Levy of 1934


48.00


W. P. A. Materials


20,288.82


1935


217.10


Elementary School Building


132,831.95


1936


766.53


Highway Fund, Chap. 500 Acts 1938


12,288.73


1937


32,195.46


Road Machinery Account


3,317.15


1938


166,514.90


Municipal Light Dept. Operating Account


5,018.28


Motor Vehicle Excise :


Special Funds :


Levy of 1934


118.71


Public Welfare


29.01


1935


367.08


Morrison Fund


36.59


1936


918.65


Baseball Fund


45.20


1937


1,458.37


Dog License Fees


23.40


Tailings Account


3,361.18


Reserve Fund Overlay Surplus


828.38


Overlays Reserved 1934


48.00


1938


219.50


1935


216.10


Sewer Assts. Unapportioned


473.89


Sewer Assts. added to taxes 1937


9.35


Sewer Assts. added to taxes 1938


157.77


Sewer Assts. Int. added to taxes 1937


2.25


1938


34.21


S & C Unapporticned


1,845.39


Sidewalk Assts. added to taxes 1937


11.13


Highway Betterment Assts. and Int. 3,402.54


Sidewalk Assts. added to taxes 1938 .


268.25


Sidewalk Assts. and Int.


2,179.14


1937


130.39


1938


3,090.46


Revenue reserved until collected :


Motor Vehicle Excise Tax


3,887.15


Moth Assessments 264.00


Sewer Assts. and Int. 677.47


1938


1,024.34


Special Assessments :


Moth 1937


44.50


Guarantee Deposits :


Public Welfare Dept.


50.00


Municipal Light Consumer's Deposit Fund


9,329.54


Accounts Receivable :


-


Sidewalk Assts. Int. added to taxes 1937 .... Sidewalk Assts. Int. added to taxes 1938


.66 53.71


Sewer Rentals


1,652.38


Tax Titles 11,254.04


Highway Assts. Unapportioned 2,367.13


Tax Possessions .


4,794.52


Highway Assts. added to taxes 1937


80.79


Departmental Accounts Rec. 31,407.27


Highway Assts. added to taxes 1938


681.61


3,316.14


Highway Assts. Int. added to taxes 1937


30.26


41,546.92


Highway Assts. Int. added to taxes 1938 242.75


1,652.38


Metropolitan Sewer Asst. Over Estimate


513.18


Tax Titles


11,254.04


Reserve for Tax Title Loan


8,519.59


Due from Water Dept.


4,022.91


Tax Possessions


4,794.52


Water Available Surplus (Deficit)


4,022.91


Departmental Accounts Receivable


31,407.27


Water Rates


2,281.94


Water Liens, Int. and Costs


1,034.20


County Tax Deficit


36.39


State Tax Deficit


22,950.00


State Parks and Reservations


44.77


Municipal Light Rates


41,118.49


Municipal Light Dept. Notes Receivable


428.43


State Aid to Highways


7,369.71


County Aid to Highways


4,567.59


Overlay Deficit 1936


335.78


Snow and Ice Removal Overdraft


844.10


$700,681.25


$700,681.25


DEFERRED ACCOUNTS


Apportioned Sewer Asst. not due


1,004.17


Apportioned Sewer Asst. Revenue 1939-1947


1,004.17


Apportioned Sidewalk Asst. not due


2,498.07


Apportioned S & C Asst. Revenue 1937-1947 .


2,498.07


Apportioned Highway Asst. not due


8,647.65


Apportioned Betterment Revenue 1937-1947 .... 8,647.65


12,149.89


12,149.89


Water Department Accts. Rec. Municipal Light Dept. Accts. Rec.


Surplus Revenue (E & D)


61,243.72


Sewer Rentals


Water Dept. Maintenance . 4.14


BALANCE SHEET DECEMBER 31, 1938


Assets


Liabilities and Reserves


DEBT ACCOUNT


Outstanding Debt (not including temporary loans) ..


511,021.82


Police Station Loan 5,000.00


Fire Engine Loan 600.00


Sewer Loan


66,000.00


Elementary School Loan


110,000.00


Hospital Loan


6,000.00


Municipal Garage Loan


22,000.00


Municipal Relief Loan Acts 1935


21,000.00


Municipal Relief Loan Acts 1937


14,000.00


Municipal Relief Loan Acts 1938


35,000.00


Tax Title Loan Acts 1938


16,921.82


Storm Emergency Loan Chap. 44 G. L.


13,000.00


Public Service Enterprises Debt


Municipal Light Loan


111,500.00


Municipal Light Storm Emergency, Chap. 44 G. L.


25,000.00


Water Loan


38,000.00


Water Filtration Plant Loan


27,000.00


511,021.82


511,021.82


TRUST ACCOUNTS


Hospital Fund


161,517.70


Cemetery. Bequest Fund


78,557.04


R. H. S. Scholarship Fund


5,037.94


Library Fund


1,057.19


Horace G. Wadlin Fund


1,789.22


Trust Funds, Cash and Securities 247,959.09


247,959.09


247,959.09


$1,471,812.05


$1,471,812.05


INDEX Cover Design by Bertha Page, R. H. S. Class of 1939.


Page


Accountant's Report


307


Balance Sheet


362


Receipts


308


Payments


313


Appropriations


318


Appropriation Accounts


327


Town Debt


357


Invested Funds


359


Animal Inspector's Report Assessors


298


Births Registered


78


Births Registered for Previous Years


82


Board of Appeal


297


Board of Assessors


298


Board of Health


289


Board of Public Welfare


243


Old Age Assistance


250


Welfare Superintendent's Report


245


Board of Public Works


179


Executive Office


242


Highway Department


202


Park Department


225


Report of Board


180


Rolling Equipment


224


Sewer Department


232


Superintendent's Report


183


Water Department


184


Building Inspector's Report


285


Cemetery Trustees


282


Forest Glen Cemetery


284


Laurel Hill Cemetery


282


Chief of Fire Department Report


272


Chief of Police Report


270


Collector of Taxes Report


303


Custodian of Soldiers' and Sailors' Graves


290


Deaths Registered


91


Dogs Licensed


76


Dog Officer's Report


291


Elections : Town


14


Electric Light Commissioners


131


Auditor's Report


158


Illustrations


140


Manager's Report


132


Officers


132


Fire Alarm Superintendent's Report


275


Fire Chief's Report


272


Forest Warden's Report


275


History of Reading


10


Inspector of Animal's Report 291


Inspector of Building's Report 285


Inspector of Milk and Food


295


Inspector of Plumbing


295


291


INDEX


Page


Inspector of Wires


281


Library Trustees Report


276


List of Jurors


11


Marriages Registered


83


Milk and Food Inspector's Report


295


Middlesex County Extension Service Report


294


Municipal Light Board Report


131


Notice to Parents, Housewives, Physicians and Midwives


76 250


Old Age Assistance Director's Report


Planning Board


Plumbing Inspector's Report


295


Police Chief's Report


270


Public Library Report


Public Works Report


Recount for Representative


School Committee


Administrative Officers


Age-Grade Table


Budget


Change in Personnel


Commencement Exercises


High School Graduates


Illustrations of School Work


opposite


No School Signals


Receipts Not From Tax Levy


School Committee's Report


School Schedule .


Superintendent's Report


Teachers in Service, Dec. 31, 1938


Sealer of Weights and Measures


Selectmen's Report


Soldiers' Relief Agent Report


Sporting Licenses


Statistics


State Primary


State Election


Superintendent of Fire Alarm


Tax Collector's Report


303


Town Counsel's Report


Town Election


Town Forest Committee Report


Town Meetings


Annual


Special: May 23


Special: Sept. 29


Special: Oct. 20


Special: Dec 22


Town Officers


Town of Reading, Statistics


10


Treasurer's Report


300


Tree Warden's Report


293


W. P. A. Sponsor's Agent Report


254


W. P. A. Recreation Project Report


260


Welfare Superintendent's Report


245


Wire Inspector's Report


281


105 107 127 128 112 101 104 103 102 111 108 296 95 267 77 9


53 69 275


268 14 292 16 16


33 57 59 73 3 9


Town of Reading, History


276 179 72 99 100 126


286


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