USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1941 > Part 23
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Nursing
615.90
Optical
105.00
Dental
92.00
3,679.35
Fuel
44.63
Clothing
36.96
Other
3.50
Payments on Account of Deceased Persons :
Burial Expense
$ 1,050.00
Doctors' Charges and Nursing .
212.00
Medicine
35.76
Board and Care
8.54
Hospital
227.75
Police Ambulance
21.00
Payments to Other Cities and Towns
721.74
Total Payments
$ 92,167.35
Balance to Revenue
332.15
$ 92,499.50
$ 92,499.50
Old Age Assistance Administrative
Appropriation
$
2,500.00
Federal Grants
1,413.32
Payments :
Salaries, Supt., Clerical and Inv. $ 3,312.00 Office Supplies and Equipment 77.15
321
Travel Expense
29.28
Stationery and Printing
116.61
Postage
72.25
Telephone
75.47
Office Building Maintenance
119.28
Miscellaneous
39.35
Total Payments
$ 3,841.39
Balance to Revenue
71.93
$ 3,913.32 $
3,913.32
Soldiers' Relief
Balance from 1940
$
156.35
Appropriation
10,000.00
Refund
20.00
$ 10,176.35
Cash Pay Roll
$ 6,509.20
Work Pay Roll
824.20
Food
267.88
Fuel
281.61
Medical, medicine
224.18
Clothing
6.75
Rent
128.50
Office Supplies
14.50
Agent's Salary and Expenses
674.38
Visiting Nurse
78.25
Hospital Fees
37.00
Ambulance Charge
15.00
Surplus Commodities Expense
79.57
Total Payments
$ 9,140.92
Transfer to Fire Dept.
290.00
$ 9,430.92
Balance to Revenue
745.43
$ 10,176.35
322
State Aid
Appropriation
$ 600.00
Payments
$ 360.00
Balance to Revenue
240.00
$ 600.00
Military Aid
Appropriation
$ 1,000.00
Payments
$ 529.00
Balance to Revenue
471.00
$ 1,000.00
Works Projects Administration
Balance from 1940
$ 7,914.18
1941 Appropriation
16,000.00
Tax Title
7,000.00
Refunds, Gas Tax, etc.
98.25
$ 31,012.43
Administration and Engineering
$ 4,583.89
Building Account
1,093.94
Toy Project
760.22
Recreation
1,022.27
Playground Salaries
421.60
Federal Commodities
637.41
Stone Bounds Survey
73.13
Gasoline Account
1,062.78
Insurance Account
251.76
First Aid Account
32.52
Truck Account
615.86
Tool Account
868.01
Forest Glen Cemetery
1,399.69
Charles Street
1,118.83
Housekeeping Aids
41.69
Quannapowitt Drainage
2,255.26
Emergency Account
118.08
Veterans' Graves Registration
52.20
Pearl St. School Grounds
105.82
School Lunch Project
190.79
Fire Records
180.15
Moth Project
267.77
Rip-Rap Open Ditches
552.78
323
Town Forest
14.96
Tracing Project
27.63
Tree Surgery 343.93
Town Vault Records
11.20
Miscellaneous Account
668.61
$ 18,772.73
Less transferred to Charles St. Account 958.46
Net Payments
$ 17,814.32
Transferred to Charles St. Account
1,000.00
Transferred to Drainage Account
6,000.00
Balance to 1942
6,198.11
$ 31,012.43
Education
School Department General Salaries, Appro.
$196,000.00
Supt. Principals, Teachers
$164,443.31
Substitutes
1,111.50
Attendance Officer
593.02
School Nurse
1,781.22
Medical Inspection
1,000.00
Janitors
18,889.75
Clerical
8,171.80
Total Payments
$195,990.60
Balance to Revenue
9.40
$196,000.00
School Department General Maint. Appro. Transferred from Reserve Fund
278.50
Refund
4.64
Textbooks
$ 3,678.22
Supplies
6,824.80
General Control Expense
2,511.60
Supervision Expense
504.13
Principals' Office Expenses
390.78
Commencement
303.25
Other Expenses of Instruction
521.49
Compulsory Attendance
61.05
Medical Service
33.20
$35,440.00
$ 35,723.14
324
Nurse Service
359.48
Fuel
5,263.05
Other Expenses of Operation
6,923.75
Maintenance
5,225.20
Capital Outlay
3,117.32
Total Payments
$ 35,717.32
Balance to Revenue
5.82
$ 35,723.14
Transportation Appropriation
$ 9,500.00
Expended
$ 9,126.02
Balance to Revenue
373.98
$ 9,500.00
School Cafeterias Appropriation
$ 10,000.00
Transfer
159.51
$ 10,159.51
Pay Roll
$ 2,337.60
Supplies
7,812.23
Total Payments
10,149.83
Balance to Revenue
9.68
$ 10,159.51
Industrial Tuition Appropriation
$ 1,000.00
City of Beverly
$ 2.70
City of Boston
225.82
City of Malden
80.85
City of Medford
263.29
City of Somerville
280.01
Essex County
64.00
Norfolk County
60.00
Total Payments
$ 976.67
Balance to Revenue
23.33
$ 1,000.00
325
Cemeteries
1
Laurel Hill Cemetery
Laurel Hill Cemetery, Appropriation
$ 8,900.00
Trans. from Cem. Res. Fund
950.00
Trans. from Cem. Beq. Fund.
2,373.78
Trans. from Care Soldiers' Graves
89.00
$ 12,312.78
Payments :
Superintendent's Salary
$ 2,600.00
Pay Rolls
7,047.23
Materials and Supplies
2,657.48
Total Payments
$ 12,304.71
Balance to Revenue
8.07
$ 12,312.78
Forest Glen Cemetery
Forest Glen Cemetery, Appropriation
$ 1,200.00
Trans. from Cem. Res. Fund
300.00
Trans. from Cem. Beq. Fund
76.50
Trans. from Care Soldiers' Graves
85.00
$ 1,661.50
Pay Rolls
$ 1,155.85
Supplies
496.88
Total Payments
$ 1,652.73
Balance to Revenue
8.77
$ 1,661.50
Public Library Salaries, Appro.
$ 5,550.00
Librarian Salary
$ 1,500.00
Assistants
3,201.72
Janitor
780.00
Total Payments
$ 5,481.72
Balance to Revenue
68.28
$ 5,550.00
326
Public Library Maintenance, Appro.
$
3,475.00
Transfer
25.00
$ 3,500.00
Telephone
$ 47.34
Books and Periodicals
2,544.44
Binding and Cleaning Books
179.97
Printing and Supplies
157.13
Furniture and Equipment
24.15
Fuel
172.50
Light
149.56
Water and Sewer
12.00
Building Repairs
115.94
Ash Removal
6.63
All Other
51.88
Total Payments
$ 3,486.54
Balance to Revenue
13.46
$ 3,500.00
Department of Public Works
Administrative Office, Appropriation
$ 6,335.00
Superintendent's Salary
$ 3,453.94
Clerical
1,921.25
Telephones
268.06
Office Supplies
236.60
Printing and Advertising
60.50
Plans and Engineering Supplies
255.27
All Other
139.29
Total Payments
$ 6,334.91
Balance to Revenue
.09
$ 6,335.00
Highway Department :
Appropriation
$ 45,375.00
Receipts : Refunds Gas Tax, etc.
319.58
Transfer from Reserve Fund
450.00
$ 46,144.58
327 . :
Payments :
Pay Roll
$ 18,971.97
Road Material
10,984.98
Gas and Oil
2,336.18
Repairs
3,200.91
Tires and Tubes
2,535.28
Curbing
1,468.94
Supplies and Tools
3,279.43
All Other
2,366.89
Total Payments
$ 45,144.58
Transfer to Chap. 90 Maint.
1,000.00
$ 46,144.58
Maintenance of Storm Drains, Appro.
$
3,500.00
Pay Roll
$ 2,691.92
Supplies, etc.
808.08
Total Payments
$ 3,500.00
Storm Drain Development, Appro.
$ 8,000.00
Pay Rol!
$ 4,854.72
Pipe and Supplies
3,145.28
Total Payments
$ 8,000.00
Sidewalk Construction, Appropriation
$ 10,000.00
Transfer from Reserve Fund
750.00
$ 10,750.00
Pay Roll
$ 7,559.65
Material, etc.
3,189.97
Total Payments
$ 10,749.62
Balance to Revenue
.38
$ 10,750.00
Special Labor Account, Appropriation
$ 7,000.00
Pay Roll
$ 6,700.14
Balance to Revenue
299.86
$ 7,000.00
328
Snow and Ice Removal, Appropriation. $ 12,200.00
Pay Roll
67
7,560.62
Plowing and Hauling
1,336.14
Equipment Expense
879.17
All Other
2,424.07
Total Payments
$ 12,200.00
Pilgrim Road Street Betterment Appro.
$ 881.00
Pay Roll
€7 648.57
Material
214.34
Transfer to Highway
18.09
Total Payments $ 881.00
Bond Street Betterment Appropriation
$ 1,300.00
Pay Roll
$ 593.13
Material
338.09
Transfer to Highway
9.18
Total Payments
$ 940.40
Balance to 1942
359.60
$ 1,300.00
Wescroft Road Street Betterment Appro.
3,822.00 $
Pay Roll
$ 892.23
Material
716.48
Transfer to Highway
10.55
Total Payments
$ 1,619.26
Balance to 1942
2,202.74
$ 3,822.00
Coolidge Road Street Betterment Appro.
$
1,281.00
Pay Roll
$ 634.93
Material
643.35
Transfer to Highway
2.72
Total Payments $ 1,281.00
329
Springvale Road Street Betterment Appro.
$ 2,568.00
Pay Roll
$ 994.36
Material
1,110.94
Transfer to Highway
6.08
Total Payments
$ 2,111.38
Balance to 1942
456.62
$ 2,568.00
West Hill Circle Street Betterment Appro.
$ 891.00
Pay Roll
$ 1.07
Material
45.50
Transfer to Highway
10.37
Total Payments
$ 56.94
Balance to 1942
834.06
$ 891.00
County Road Street Betterment Appro.
$ 510.00
Pay Roll
$ 326.01
Material
151.71
Transfer to Highway
32.28
Total Payments
$ 510.00
New Equipment Appropriation
$ 11,000.00
Dodge Pick-up Truck
630.50
Chevrolet Truck
792.05
Body for Truck
373.70
Gasoline Shovel
9,000.00
Advertising
3.75
$ 11,000.00
Chapter 90 Maintenance :
Transferred from Highway Maint.
$ 1,000.00
Aid from State
1,000.00
Aid from County
1,000.00
$ 3,000.00
Pay Roll
$ 1,209.92
Material
1,783.08
Transfer to Highway
7.00
Total Payments
$ 3,000.00
330
Chapter 90 Construction Charles Street :
Appropriation
$ 4,500.00
Received from State
7,500.00
Received from County
3,750.00
$ 15,750.00
Pay Roll $ 7,332.43
Supplies and Miscellaneous
8,417.57
Total Payments
$ 15,750.00
Chapter 90 Construction Lowell Street :
Appropriation
$ 4,500.00
Received from State
7,500.00
Received from County
3,750.00
$ 15,750.00
Pay Roll
$ 7,484.13
Supplies and Misc. 8,265.87
Total Payments
$ 15,750.00
Harnden and Salem Street Resurfacing :
Balance fwd. from 1940
$ 2,175.65
Transferred to Defense Appropriation $ 2,175.65
John Street Dump Appropriation
$ 1,200.00
Pay Roll $ 1,193.08
Miscellaneous
6.92
Total Payments $ 1,200.00
Special Drainage Investigation :
Balance fwd. from 1940
$ 430.55
Material
$ 29.15
Transferred to Drainage System Installation 401.40
Total Payments $ 430.55
Drainage System Installation :
Appropriation Loan
$ 45,000.00
Trans. from Drainage Investigation
401.40
Appro. Special Town Meeting Dec. 1, 1941 .
6,000.00
$ 51,401.40
-
331
Pay Roll
221.29
Comm. of Mass.
45,000.00
Supplies and Misc.
1,060.97
Total Payments
$ 46,282.26
Balance to 1942
5,119.14
$ 51,401.40
Sewer Department Maint. and Const. and Int .:
Appropriation
$ 12,000.00
Pay Roll
$ 6,174.94
Interest on Bonds
2,050.00
Insurance
432.04
Equipment Maintenance
474.01
Supplies and Tools
1,285.71
All Other
287.09
Total Payments
$ 10,703.79
Balance to Revenue
1,296.21
$ 12,000.00
Sewer Department House Connection :
Appropriation :
$ 1,700.00
Pay Roll
$ 1,068.32
Pipe and Miscellaneous
631.68
Total Payments
$ 1.700.00
Park Department, Appropriation
$ 5,000.00
Fay Roll
$ 2,811.90
Tools and Supplies
827.20
Lights
299.09
Repairs Tennis Courts
713.63
Fencing
66.28
All Other
281.90
Total Payments
$ 5,000.00
Water Department, Maintenance, Construction, Bonds and Interest, Appropriation
$ 55,000.00
Transfer from Reserve
9,490.04
Bond Issue
10,000.00
$ 74,490.04
332
Pay Roll
$ 23,358.91
Bonds
10,000.00
Interest on Bonds
1,232.50
Insurance
804.82
Telephones
123.85
Light and Power
5,552.89
New Meters and Hydrants
3,709.73
Auto Equipment Repairs
666.54
Pipe
11,941.04
Supplies, Tools, Fittings
13,060.14
Fuel, Coal and Oil
543.21
All Other
3,443.85
Total Payments
$ 74,437.48
Balance to Water Reserve
52.56
$ 74,490.04
Municipal Light Department
Balance from 1940
3,823.89 $
Receipts :
Sales Light and Power
345,164.47
Merchandise and Jobbing
67,260.84
Notes Payable-Garage
10,000.00
Notes Payable-Underground
21,000.00
Sale of High St. Property
10,000.00
Street Light Appropriation
14,000.00
Miscellaneous
41,649.12
Total
$512,898.32
Payments :
New Construction, Operation and Mainte- nance Exxpenditures
$166,362.35
Elec. Energy Purchased
146,807.50
Salaries and Wages
112,613.49
Taxes
5,185.00
Insurance
2,513.87
Bonds and Notes
19,000.00
Interest
2,960.00
Paid to Treasurer
35,000.00
Total Payments
$490,442.21
Balance to 1942
22,456.11
$512,898.32
Note: For unpaid bills Municipal Light Dept. see Dept. Report.
333"
Insurance Account
Appropriation
$ 11,487.40
Receipts :
Water Department
804.82
Municipal Light Department
1,390.09
W. P. A. Department
251.76
Sewer Department
432.04
Refunds
24.47
$ 14,390.58
Payments :
Fire Schedule
$ 3,757.09
Workmen's Compensation
2,572.26
Public Liability
545.73
General Liability
381.14
Safe Burglary and Robbery
124.04
Auto Pub. Liab. and Property Damage
3,621.05
Auto Fire and Theft
398.32
Boiler
95.81
Plate Glass
36.68
Machine Breakage
246.23
Surety Bonds
755.75
Total Payments
$ 12,534.10
Transferred to Various Accounts
1.200.00
Balance to Revenue
656.48
$ 14,390.58
Unpaid Bills
School Department Cafeteria :
J. Cuneo & Co. $ 2.42
First National Stores
86.19
H. P. Hood & Sons, Malden
148.41
H. P. Hood & Sons, Charlestown
291.00
Clinton W. Spear
36.80
$ 564.82
334
Interest, Not Inc. Water, Light and Sewer
Appropriation
$
4,605.52
Municipal Relief
$ 1,038.75
Municipal Garage
326.25
County Hospital
52.50
Elementary School
1,715.00
Drainage
312.50
Storm Damage
125.00
Tax Titles
7.63
Temporary Loans
782.60
Fire Apparatus
47.50
Miscellaneous
6.90
Total Payments
$ 4,414.68
Balance to Revenue
190.94
$ 4,605.62
Maturing Debt, Not Inc. Water, Light
Appropriation
$ 43,000.00
Sewer
$ 14,000.00
Municipal Garage
3,000.00
Municipal Relief
14,000.00
Hospital
1,000.00
Drainage
2,000.00
Elementary School
6,000.00
Storm Damage
3,000.00
Total Payments
$ 43,000.00
Outstanding Debt Balancing Account
Outstanding Jan. 1, 1941
$474,500.00
Loans issued in 1941:
Light Department Garage and Stock Room $ 10,000.00
Underground Extension
21,000.00
Drainage System Installation
45,000.00
Tax Titles
7,000.00
Water Department
10,000.00
Fire Equipment
9,500.00
$102,500.00
335
Loans Paid U> 1041
Light Department
19,000.00
Water Department
10,000.00
Sewer Department
7,000.00
Middlesex County Hospital
1,000.00
Municipal Relief
21,000.00
Municipal Garage
3,000.00
Drainage 1939
2,000.00
Storm Emergency
3,000.00
Elementary School
6,000.00
Tax Title 1940
2,500.00
Tax Title 1941
3,491.81
Outstanding Dec. 31, 1941
*499,008.19
$577,000.00
$577,000.00
*Includes Tax Tine Loan balance of $3,508.19.
Reserve Fand
Appropriation
$ 4,000.00
Election and Registration
$ 300.00
Garbage Collection
200.00
Miscellaneous Expenses
450.00
Sidewalk Account
750.00
Highway Account
450.00
School Department
278.50
Police Department
83.65
Fire Department
200.00
Fire Station Maintenance
150.00
Town Counsel
128.00
Land Court
175.00
Board of Health
50.00
Municipal Building
50.00
Total Payments.
$ 3,265.15
Balance to Revenue
734.85
$ 4,000.00
Memorial Day Observance
Appropriation
$ 600.00
Payments
599.62
Balance to Revenue
.38
$ 600.00
336
Rent American Legion Quarters
Appropriation
$ 1,500.00
Reading Veterans' Association
$ 1,500.00
Town Forest
Appropriation
$ 300.00
Payroll
$ 300.00
Land Court Expense
Appropriation
$ 300.00
Transferred from Reserve Fund
175.00
Refund
18.75
$ 493.75
Payments Land Court
$ 405.75
Balance to Revenue
88.00
$ 493.75
Publication Street List
Appropriation
$ 388.00
Reading Chronicle Press
$ 388.00
Special Committee Low Cost Housing
Appropriation
$ 1,000.00
George H. Sidebottom
$ 200.00
Balance to 1942
800.00
$ 1,000.00
Excess and Deficiency Account
Balance Jan. 1, 1941
$ 51,828.88
Receipts Redemption of Property
7,028.23
Additional Poll Tax Commitment
4.00
Transfer Receipts in excess of estimates
9,714.67
Transfer Unexpended Balances
8,093.82
Adjustment entries
4.00
Transfer from Tax Titles $ 8,234.99
Transfer to Tax Title Loan Reserve
6,087.57
Adjustment entries 4.50
Balance to 1942 62,346.54
$ 76,673.60 $ 76,673.60
337
TOWN DEBT DETAIL OF MATURITIES 1942
Year
Municipal
Relief
Elementary
Municipal
Garage
County
Hospital
Drainage
Drainage
Water
Dept.
Water
Sewer Dept.
Municipal
Dept.
Storm
Damage
Equipment
Totáls
1942
$21,000
$6,000
$3,000
$1,000
$2,000
$5,000
$8.000
$4,000
$7,000
$21,000
$6,000
$2,000
$86,000
1943
20,000
6,000
2,000
1,000
2,000
5,000
6,000
3,000
7,000
22,000
5,000
2,000
81,000
1944
12,000
6,000
2,000
1,000
1,000
5,000
6,000
3,000
7,000
20,000
. 5,000
2,000
70,000
1945
11,000
6,000
2,000
5,000
6,000
3,000
6,000
18,000
2,000
2,000
61,000
1946
2,000
6,000
2,000
5,000
4,000
6,000
16,000
2,000
1,500
44,500
1947
2,000
6,000
2,000
4,000
6,000
14,000
2,000
36,000
1948
2,000
6,000
4,000
2,000
8,000
2,000
24,000
1949
2,000
5,000
4,000
2,000
5,000
2,000
20,000
1950
5,000
4,000
4,000
13,000
1951
5,000
4,000
4,000
13,000
1952
5,000
2,000
7,000
1953
5,000
2,000
7,000
1954
5,000
2,000
7,000
1955
5,000
2,000
7,000
1956
5,000
1,000
6,000
1957
5,000
1,000
6,000
1958
5,000
1,000
6,000
1959
1,000
1,000
$72,000 $92,000 $13,000 $3,000 $5,000 $45,000
$30,000 $13,000 $43,000 $144,000 $26,000
$9,500 $495,500
Does not include Tax Title Loan - Balance due $3,508.19.
1939
1941
Filtration
Light
School
Fire
LOANS IN ANTICIPATION OF REVENUE
Outstanding Jan. 1, 1941 due Nov. 1941
$250,000.00
Issued in 1941
Date
Note Due
Purchased by
Rate
Amount
Mar. 31, 1941 Nov. 24, 1941
Second National Bank of
Boston
.18 $250,000.00
Nov. 28, 1941 Nov. 10, 1942
Second National Bank of
Boston .21 225,000.00
$725,000.00
Paid in 1941 :
November
500,000.00
Outstanding Dec. 31, 1941
$225,000.00
TRUST FUNDS CASH AND SECURITIES
Balance Jan. 1, 1941
$257,498.52
Hospital Fund Income
4,152.82
Cemetery Bequest Fund Income
2,230.51
Cemetery Bequest Fund Bequests
2,575.00
R. H. S. Scholarship Fund Income
100.83
Public Library Fund Income
20.29
Public Library Fund Income (H. G. Wadlin) ..
35.04
Hospital Fund Payments :
For Hospital Care
$ 1,926.63
For Administrative Expenses
130.00
Cemetery Bequest Fund Payments : For Care Endowed Lots
2,450.28
R. H. S. Scholarship Fund Payments : For Scholarships
100.00
Balance Dec. 31, 1941
262,006.10
$266,613.01
$266,613.01
Hospital Fund
Balance Jan. 1, 1941
$164,907.00
Receipts Income
4,152.82
Payments for Hospital Care and Adm.
$ 2,056.63
Balance Dec. 31, 1941
167,003.19
$169,059.82 $169,059.82
339
Cemetery Bequest Fund
Balance Jan. 1, 1941 Receipts
$ 84,768.15 4,805.51
Payments for Care Lots and Graves
$ 2,450.28
Balance Dec. 31, 1941
87,123.38
$ 89,573.66
$ 89,573.66
Reading High School Scholarship Fund
Balance Jan. 1, 1941
$
5,051.87
Receipts
100.93
Payments for Scholarships
$ 100.00
Balance Dec. 31, 1941
5,052.70
$ 5,152.70
$ 5,152.70
Library Fund
Balance Jan. 1, 1941
$
1,027.81
Receipts
20.29
Balance Dec. 31, 1941
$ 1,048.10
$ 1,048.10
$ 1,048.10
Library Fund H. C. Wadlin
Balance Jan. 1, 1941
$ 1,743.69
Receipts
35.04
Balance Dec. 31, 1941
$ 1,778.73
$ 1,778.73
$ 1,778.73
STATEMENT OF INVESTED FUNDS Hospital Fund
Investments Listed at Par or Less :
$5,000 Chicago B. & Q. R. R. Co., Ill., Div. "M" 31/2s,
1949
$ 5,000.00
$4,050-100 Shares First National Bank, Boston 4,050.00
$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 U. S. Treasury Bonds 414's, 1952 5,000.00
$10,000 U. S. Treasury 33/g's, 1947-1943 10,000.00
$6,000 Bell Telephone of Penna. 1st Ref. B 5's, 1948 6,000.00
340
$5,000 Chicago B. & Q. R. R. Co., Ill., Div. 4's, 1949 . . 5,000.00
$7,000 U. S. Savings Bonds, 1949 5,250.00
$5,000 Old Colony R. R. 1st 5's, 1945 5,000.00
$5,000 Penn. R. R. Co. Gen. Mort. 41/2s, 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., Comm., 20 Shares (10921300)
1.00
Andover Savings Bank, No. 39860
8,130.87
Charlestown Five Cents Savings Bank, No. 162338
8,408.84
Essex Savings Bank, Lawrence, No. 230778 $ 8,285.41
Mechanics Savings Bank, Reading, No. 9189 16,286.36
First National Bank, Reading, Savings Dept., No. 6435 5,852.75
Chelsea Savings Bank, No. 154784
10,547.58
Danvers Savings Bank, No. 2189 1,163.34
Dedham Institution for Savings, No. 72053 3,294.48
Franklin Savings Bank, Boston, No. 187890
2,225.64
Lynn Five Cents Savings Bank, No. 244496
2,178.20
Malden Savings Bank, No. 141347
6,087.99
Melrose Savings Bank, No. 52937
2,214.42
Provident Institution for Savings, Boston, No. 615034
8,947.06
Suffolk Savings Bank, Boston, No. 544673
2,207.43
Wakefield Savings Bank, No. 45111
4,396.12
Warren Institution for Savings, Boston, No. 135648
11,407.60
Woburn Five Cents Savings Bank, No. 63401 5,045.02
1,371.71
$168,364.82
Cemetery Bequest Fund
Investments Listed at Par :
$5,000 N. E. Tel. 1st Mort. 5's, Series A, 1952 $ 5,000.00
$5,000 No. Pac. Ry. Ref. and Imp. 6's, Series B2047 5.000.00
$4,000 N. Y. C. R. R. Ref. Imp. 5's, Series C2013 4,000.00
Blackstone Savings Bank, Boston, No. 10672 6,925.25
Home Savings Bank, Boston, No. 368204 13,311.26
Boston Five Cents Savings Bank, No. 948228 17,684.77
Andover Savings Bank, No. 40177 4,878.38
Cambridge Savings Bank, No. 89112 4,971.25
Essex Savings Bank, Lawrence, No. 230779 4,971.10
Mechanics Savings Bank, Reading, No. 5103 5,002.32
341
-
Cash in General Fund
Mechanics Savings Bank, Reading, No. 10714
2,976.99
Malden Savings Bank, No. 137262 6,248.40
Woburn Five Cents Savings Bank, No. 61052 6,028.65
Cash in General Fund
125.00
$ 87,123.38
Library Fund
Investment :
Boston Five Cents Savings Bank, No. 987334 $ 1,030.22
Cash in General Treasury 17.88
$ 1,048.10
Library Fund Horace G. Wadlin Fund
Investment :
Boston Five Cents Savings Bank, No. 1079095
$ 1,778.73
Reading High School Scholarship Fund
Investments :
Andover Savings Bank, No. 39861 $ 1,000.00
Charlestown Five Cents Savings Bank, No. 161863 3,000.00
Essex Savings Bank, Lawrence, No. 230306 1,000.00
First National Bank, Reading, Savings Dept., No. 5624 52.70
$ 5,052.70
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, 1941.
LEON G. BENT,
Town Accountant.
342
TOWN OF READING BALANCE SHEET DECEMBER 31, 1941
ASSETS
LIABILITIES AND RES.$RVES
Cash in Banks and Offices
$222,863.63 11,004.54
Temporary Loans Anticipation of Revenue Anticipation of Reimbursement
$225,000.00 24,500.00
Municipal Light Consumers' Deposit Fund Accounts Receivable :
Taxes : Levy of 1940
$ 39,911.03
Levy of 1941
119,888.69
159,799.72
Guarantee Deposits : Municipal Light Department
11,004.54
Premium and Interest
820.08
Motor Vehicle Excise :
Levy of 1940
88.15
Cemetery Bequest Fund
125.00
Levy of 1941
853.48
941.63
Public Library
17.88
1,514.59
Special Assessments :
Unexpended Appropriation Balances
25,783.09
Moth and Tree Work 1940
$ 45.50
Cemetery Reserve Fund
5,079.79
Moth and Tree Work 1941
113.00
158.50
State and County Taxes Deficit Special Funds : Edw. W. & Philip H. Raymond Fund $ 128.16
Sewer Assessments Unapportioned ..
$ 433.84
Added to Taxes 1940
31.53
Morrison Fund 63.96
Added to Taxes 1941
104.34
Baseball Fund 72.00
Interest Added to Taxes 1940
5.00
Dog License Fees due County
26.40
Interest Added to Taxes 1941 . 46.99
621.70
Fishing and Hunting License Fees due State 6.00
296.52
Sewer H. C. Asst. Unapportioned .. $ 232.31
Added to Taxes 1941
26.11
Tailings Account
879.16
Hospital Fund Transfer Account
$ 1,371.71
524.23
BALANCE SHEET (continued)
ASSETS
LIABILITIES AND RESERVES
Interest Added to Taxes 1941
8.44
266.86
Reserve Fund Overlay Surplus Overlay 1940
1,860.73 583.60
Sewer Rentals
1,297.77
Mun. Light Dept. Maint. Acct. 3,561.04
Underground Ext. 8,895.07
12,456.11
Added to Taxes 1940 98.86
Added to Taxes 1941
197.13
Interest Added to Taxes 1940 35.35
Interest Added to Taxes 1941
46.83
4,231.50
Motor Vehicle Excise Tax $ 941.63
Moth Assessments 158.50
Sewer Assessments and Interest 621.70
Sewer Assessments H. C. and Interest
266.86
Sewer Rentals
1,297.77
Interest Added to Taxes 1940
69.41
Sidewalk Assessments and Interest . .
4,231.50
Interest Added to Taxes 1941
158.59
2,806.35
Highway Assessments and Interest . .
2,806.35
Tax Titles 13,275.01
Tax Titles
$ 13,275.01
Tax Possessions
5,575.71
Tax Possessions
5,575.71
$ 18,850.72
Departmental Accounts Receivable ..
28,374.45
State Aid to Highways
$ 2,812.68
Mun. Light Dept. Accts. Rec. 38,011.79
99,750.50
County Aid to Highways
1,342.66
4,155.34
Departmental Accounts Receivable
28,377.45
Departmental Accounts Overpayment . . Cemetery Sales and Bequests 360.00
3.00
Water Rates Receivable $ 4,028.45
Reserve for Tax Title Loans 95.76
Water Liens Unapportioned
35.10
Water Dept. Available Surplus
7,292.43
Sidewalk Asst. Unapportioned
$ 3,853.33
Special Account
10,000.00
Revenue Reserved until Collected :
Highway Asst. Unapportioned $ 1,755.96
Added to Taxes 1940
233.88
Added to Taxes 1941
588.51
Water Dept. Rates and Liens Rec. .. 4,189.23
Added to Taxes 1940
71.48
Real Estate Account
1,841.00
Added to Taxes 1941
54.20
4,189.23
Fire Loss Special Account Road Machinery Account
68.50
Municipal Light Dept. Accts. Rec.
38,011.79
County Tax Excess of Estimate
168.97
Surplus Revenue .(Excess and Deficiency)
62,346.54
Cemetery Sales Deferred Payments
$ 150.00
Bequests Deferred Payments
210.00
360.00
Overlay Deficit 1937
$ 18.00
1939
634.44
1941
2,192.60
2,845.04
Overdraft Care Contagious Diseases Acct.
577.22
Loans Authorized
7,000.00
$508,527.96
$508,527.96
DEFERRED ACCOUNTS
$ 2,461.45 Apportioned Sewer Assts. Rev. 1942-1950
$ 2,461.45
" Sidewalk Assessment not due
3,533.84
325.58 " Sewer H. C. Assts. Rev. 1942-1950 .. " Sidewalk Assts. Rev. 1942-1950 3,533.84
" Highway Assessments not due
11,835.47
" Highway Assts. Rev. 1942-1950 11,835.47
$ 18,156.34
$ 18,156.34
Apportioned Sewer Assessments not due " Sewer H. C. Assessments not due .. 325.58
9,467.79
I,oans Authorized Unissued 7,000.00
BALANCE SHEET (Continued) DEBT ACCOUNT
Loans Outstanding
$499,008.19 General Debt:
Municipal Relief 1935
$ 12,000.00
1938
14,000.00
1939
22,000.00
1940
24,000.00
$ 72,000.05
Tax Title Loan 1941
3,508.19
Elementary School Loan
92,000.0)
Municipal Garage Loan
13,000.00
County Hospital
3,000.00
Drainage System Loans 1939-1941
50,000.00
Sewer Loans
43,000.00
Storm Emergency Loans
26,000.00
Fire Equipment
9,500.00
Public Service Enterprises Debt :
Municipal Light Loans
144,000.00
Water System Loans
30,000.00
Water Filtration Plant Loan
13,000.00
187,000.00
$499,008.19
$499,008.19
TRUST ACCOUNTS
Trust Funds Cash and Securities
$263,367.73 Hospital Fund
$168,364.82
Cemetery Bequest Fund
87,123.38
Reading High School Scholarship Fund .
5,052.70
Library Fund
1,048.10
Library Fund (Horace G. Wadlin)
1,778.73
$263,367.73
$263,367.73
CONTRIBUTORY RETIREMENT FUND
Contributory Retirement Fund Cash
$ 1,290.15
Annuity Savings Group I
$ 13,097.46
Contributory Retirement Fund :
Annuity Savings Group II
1,412.82
Savings Bank Deposits
17,045.00
Annuity Reserve Group
77.51
Co-operative Bank Shares
2,855.60
Pension Accumulation Fund Group I ..
15,795.62
Other Securities
11,438.13
Pension Accumulation Fund Group II
...
1,797.68
Investment Income
202.42
Expense Account
245.38
$ 32,628.89
$ 32,628.89
$1,321,689.11
$1,321,689.11
REPORT OF THE CONTRIBUTORY RETIREMENT BOARD
To the Honorable Board of Selectmen :
The total membership of the Contributory Retirement System De- cember 31, 1940 was 153 and four retired on pensions. During the year 1941 thirty-one members were admitted to the system, fourteen with- drew and four were retired, making a total membership of 166 active members, eight members retired.
Members Retired in 1941
Mr. George E. Horrocks of the Board of Assessors, retired March 3, 1941 at the age of 81, having served the Town for twenty-four years. Mr. Henry M. Donegan, retired on March 3, 1941, having served on the Moth and Tree Departments for over thirty-five years.
Mr. Owen McKenney, retired on August 1, 1941, at the age of 80, after serving on the Fire Department for over fifty-nine years, and also having served on the Board of Registrars since 1897.
Mr. William H. Killam, retired on May 1, 1941, at the age of 70, after serving approximately twenty-five years.
Under the statutory requirements, 3% interest is guaranteed to the depositors of the Fund and unless this is earned by investments of the Retirement Board, it must be made up from the tax levy. Your Retirement Board is pleased to inform you that this year, due to its investments it will be unnecessary to appropriate any amount for the Interest Account.
The following is the financial statement for the year ended Decem- ber 31, 1941 :
CONTRIBUTORY RETIREMENT FUND 1941
Receipts
Cash on hand Jan. 1, 1941
$ 10,720.02
Town Appropriation 1941
15,816.00
Contributions of Members
10,442.02
Dividends on Savings Bank Deposits
260.19
Dividends Co-op. Bank Shares
15.60
Income Invested Funds
287.50
$ 37,541.33
348
Expenditures
Pensions and Annuities Paid
$ 4,174.12
Refunds Members Deductions
453.02
Operating Expenses :
Clerical
159.60
Other Payments 45.73
Accrued Interest
79.97
$ 4,912.44
$ 32,628.89
Assets
Cash Deposit not on interest, First Nat'l Bank $ 1,290.16 Deposits on Interest :
Mechanics Savings Bank Bk. 19442
4,045.00
Charlestown Five Cents Savings Bank Bk. 229274 3,000.00
Melrose Savings Bank Bk. 57239
2,000.00
Andover Savings Bank Bk. 54580
2,000.00
Natick Savings Bank Bk, 60456
1,000.00
Pilgrim Trust Co., Boston Bk. 6254 3,000.00
Hingham Bank for Savings Bk. 39838
2,000.00
Co-operative Bank Shares :
Reading Co-operative Bank Bk. 9407 322.80
Melrose Co-operative Bank Bk. 7985 240.80
Woburn Co-operative Bank Bk. 17277 240.80
Lexington Co-operative Bank Bk. 5446 240.80
Wakefield Co-operative Bank Bk. 8158 322.80
Salem Co-operative Bank Bk. 16527 240.80
Malden Co-operative Bank Bk. 21870 240.80
Concord Co-operative Bank Bk. 5491 200.80
Gloucester Co-operative Bank Bk. 13089
240.80
349
Citizens' Co-operative Bank, Haverhill, Bk. 10941 363.60
Roger Conant Co-operative Bank, Salem, Bk. 12851 200.80
Investments :
$2,000. Atchison T. & Santa Fe R.R. 4's 1995 2,202.50
1,000. Union Pacific R.R. 312's 1980 1,037.50
3,000. Pacific Gas & Electric Co. 33/4's 1961 3,337.50 3,000. Chicago B. & Q. Il1. Div. 4's 1949 2,970.00
20 Shares National Shawmut Bank, Boston Cert. No. 34674 535.00
15 Shares First National Bank, Boston Cert. No. 183404 716.25
15 Shares First National Bank, Boston Cert. No. 184626
639.38
$ 32,628.89
Liabilities
Annuity Savings Fund
$ 14,510.28
Annuity Reserve Fund
77.51
Pension Accumulation Fund
17,593.30
Expense Fund
245.38
Investment Income
202.42
$ 32,628.89
J. WARREN KILLAM, Jr., Chairman LEON G. BENT, Secretary JOHN J. O'BRIEN Contributory Retirement Board.
350
INDEX
Page
Accountant's Report
Appropriations and Expenditures
286
Balance Sheet
343
Betterment Assessments Due
300
Classification of Payments
306
Departmental Accounts
305
Receipts
278
Taxes and Assessments Receivable
294
Town Debt
338
Treasurer's Cash
294 339
Invested Funds
265
Assessors
268 79 84
Births Registered for Previous Years
268
Board of Health
264
Board of Public Welfare
251 251
Welfare Superintendent's Report
137
Executive Office
198 159
Park Department
Report of Board
Rolling Equipment
Sewer Department
Superintendent's Report
Water Department
263
Cemetery Trustees Superintendent's Report
235 260
Chief of Police Report
257 270
Collector of Taxes Report
Contributory Retirement Board Report
Custodian of Soldiers' and Sailors' Graves
Deaths Registered
Dogs Licensed
Dog Officer's Report
Drainage Committe's Report, with Map
Elections : Town
Electric Light Commissioners
214
Manager's Report
206
Officers
206
Fire Alarm Superintendent's Report
262
Fire Chief's Report
260
Forest Warden's Report
262
Inspector of Animal's Report
265
Inspector of Building's Report
263
Inspector of Milk and Food
266
Inspector of Plumbing
264
Inspector of Wires
239'
Library Trustees Report
227
Librarian's Report
230
Limited Town Meeting Committee
58
Board of Public Works
Highway Department
185 138 184 191 139 139
Building Inspector's Report
235
Chief of Fire Department Report
348 237 97 102
Auditor's Report
256 199 22 205
Board of Assessors
Animal Inspector's Report
Births Registered
277
INDEX
Page
List of Jurors
9
Marriages Registered
85
Milk and Food Inspector's Report
272
Middlesex County Extension Service Report
108
Municipal Light Board Report
205
Notice to Parents, Housewives, Physicians and Midwives
78
Planning Board
238
Plumbing Inspector's Report
264
Police Chief's Report
257
Public Library Report
227
Public Works Report
137
School Committee
109
Administrative Officers
110
Age-Grade Table
131
Budget
115 117
Commencement Exercises
132
High School Graduates
133
No School Signals
111
Pictorial Record
128
Receipts Not From Tax Levy
114
School Committee's Report
113
School Schedule
112
Superintendent's Report
121
Teachers in Service, Dec. 31, 1941
118
Sealer of Weights and Measures
266
Selectmen's Report
104
Soldiers Relief Agent Report
250
Sporting Licenses
102 9 262
Superintendent of Fire Alarm
Tax Collector's Report
270
Tercentenary Celebration Committee
58
Town Clerk Fees Received
103
Town Clerk's Report
13 240 22
Town Election
13
Annual
Election
Fees Paid the Town
26
Special: June 23
59
Special: September 15
63
Special: December 1
67 74 3
Town Officers
Town of Reading, Statistics
9
Town Warrant
13
Treasurer's Report
273
Tree Warden's Report
243
W. P. A. Sponsor's Agent Report
244
Welfare Board Report
251
Welfare Superintendent's Report
251
Wire Inspector's Report
239
Town Counsel's Report
Town Meetings
26 22 103
Recount for Assessor
Special: December 29
Statistics
Change in Personnel
18 826 958
59.80
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