Town of Reading Massachusetts annual report 1943, Part 17

Author: Reading (Mass.)
Publication date: 1943
Publisher: The Town
Number of Pages: 276


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1943 > Part 17


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$ 176.85


Balance to Revenue


73.15


$ 250.00


Board of Health, Salaries, Appropriation.


$ 300.00


Salary, Secretary


$ 150.00


Salaries, Other Members


150.00


Total Payments


$ 300.00


Board of Health, Expenses, Appropriation


$ 275.00


Telephone


$ 50.59


Printing and Stationery


1.86


Insp. Milk and Food


51.00


Disposition of Animals


44.50


Supplies


38.00


All Other


1.80


Total Payments


$ 187.75


Balance to Revenue


87.25


$ 275.00


Inspector of Plumbing, Salary, Appro. Salary, Inspector


$ 500.00


Care of Contagious Diseases, Appro. Middlesex County Sanatorium


$ 3,078.25


Mass. Memorial Hospital


1,167.00


Medical Care


235.00


Health Inspection


300.00


Rabies Innoculation


54.50


Supplies


101.61


City of Cambridge


32.00


All Other


26.80


Total Payments


$ 4,995.16


Balance to Revenue


4.84


$ 5,000.00


Garbage Collection, Appropriation


$ 2,800.00


Contract Payments


$ 2,800.00


Dog Officer's Salary, Appropriation Salary, Dog Officer $ 315.00


$ 315.00


241


$ 500.00


$ 5,000.00


Inspector of Milk and Food, Salary Appro. Salary, Inspector


$ 210.00


Dental Clinic, Appropriation


$ 650.00


Expenses $ 650.00


Inspector of Animals, Salary, Appro. Salary, Inspector $ 210.00


$ 210.00


Game Warden's Salary, Appropriation


$ 100.00


Salary, Game Warden


$ 100.00


Child Welfare Work, Appro.


$ 400.00


Expenses


$ 400.00


Street Lighting


$ 14,000.00


Municipal Light Department


$ 14,000.00


General Aid Administrative 1943


Appropriation


$ 6,100.00


Refund


28.96


$ 6,128.96


Payments :


Salaries :


Supervisory and Clerical $ 1,590.58


Visiting and Investigation


1,229.69


Employment Res. and Truck Foreman


1,312.00


Visitors' and Supervisory Expense, Travel


339.67


Office Supplies


67.54


Telephone


110.81


Printing and Postage


41.73


Office Equipment Maintenance


43.49


Social Service Index


12.40


Building Maintenance, including Janitor Service 508.17


Other


20.80


Total Payments


$ 5,276.88


Balance to Revenue


852.08


$ 6,128.96


$ 6,128.96


General Aid 1943


Appropriation


$ 28,600.00


Cash Refunds


310.55


Payments :


Cash Aid


$ 7,537.15


Food


751.85


Shelter


614.00


Clothing


246.71


Fuel and Light


303.02


$ 210.00


242


Board 3,810.18


Household Necessities


63.39


Mass. Hospital School, Canton


300.83


Division Child Guardianship, Comm. of Mass.


479.30


State Infirmary, Tewksbury


63.00


Burials


200.00


Paid other Cities and Towns


1,027.75


Medical :


Doctors


$ 303.95


Hospital


1,021.99


Medicine


226.04


Dental


122.50


Optical


53.65


Nursing


65.07


Ambulance


50.00


1,843.20


Unallocated Payments :


Transportation of Recipients


$ 30.40


Truck Maintenance


151.89


Gasoline and Oil


76.72


Wood Yard Expense


1.77


Fed. Commodities Expense


7.00


267.78


Total Payments


$ 17,508.16


Transfers to:


Old Age Assistance


$ 3,000.00


Aid to Dependent Children Administrative. . .


100.00


Honor Roll


800.00


Moth Department


750.00


Snow and Ice


1,500.00


Balance to Revenue


5,252.39


$ 28,910.55


$ 28,910.55


Aid to Dependent Children Administrative 1943


Appropriation


$ 400.00


Federal Grants


546.60


Transfer from General Aid


100.00


Payments : Salaries :


Supervisory and Clerical $ 532.52


Visiting and Investigation 395.67


Visiting and Supervisory, Travel Expense


31.43


Office Supplies 12.51


Telephone


14.55


243


Printing and Postage


18.52


Office Equipment Maintenance


6.01


Social Service Index


1.60


Total Payments


$ 1,012.81


Balance to Revenue


33.79


$ 1,046.60


$ 1,046.60


Aid to Dependent Children 1943


Appropriation


$ 13,000.00


Federal Grants


3,939.00


Cash Refunds


37.09


Payments :


Regular Cash Assistance


$ 15,730.32


Special Cash Allowances : Medical :


Doctors


$ 201.50


Dental


35.00


Optical


20.30


Medicine


56.41


Hospital


141.60


Ambulance


5.00


459.81


Fuel


84.00


Clothing


1.22


Total Payments


$ 16,275.35


Balance to Revenue


700.74


$ 16,976.09


$ 16,976.09


Old Age Administrative - 1943


Appropriation


$ 4,000.00


Federal Grants


1,731.23


Payments :


Salaries :


Supervisory and Clerical


$ 2,349.00


Visiting and Investigation


2,614.99


Office Supplies and Equipment


14.38


Travel Expense


98.20


Stationery and Printing


83.83


Postage


60.00


Telephone


99.51


Office Building Maintenance


317.30


P


244


Miscellaneous


83.45


Total Payments


$ 5,720.66


Balance to Revenue


10.57


$ 5,731.23


$ 5,731.23


Old Age Assistance-1943


Appropriation


$ 63,900.00


Federal Grants


51,807.79


Transfer from General Aid


3,000.00


Cash Refunds


284.87


Payments :


Regular Cash Assistance


$109,911.65


Special Cash Allowances :


Medical :


Doctors


$ 1,436.65


Hospitals


1,046.86


Police Ambulance


33.00


Medicine


993.03


Nursing


627.71


Optical


150.00


Dental


62.00


4,349.25


Fuel


20.55


Clothing


30.61


Payments to other Cities and Towns


854.05


Payments on account of deceased persons :


Burial Expense


$ 965.00


Doctors and Nursing


117.50


Medicine


28.01


Board and Care


135.49


Hospitals


263.35


Police Ambulance


38.00


Other


15.90


1,563,25


Total Payments


$116,729.36


Balance to Revenue


2,263.30


$118,992.66


$118,992.66


Soldiers' Benefits, Appropriation


$ 18,000.00


Refunds


32.00


$ 18,032.00


Cash Payments


$ 8,709.50


Food


44.00


245


Fuel 279.63


Clothing


19.02


Board - rent


39.00


Visiting Nurse, nursing care


149.15


Hospital, med., medicine, ambulance charges Administrative :


910.33


Agent's Salary, Expenses, and Clerk


1,415.90


Office Supplies and Telephone


120.03


Miscellaneous


16.03


Total Payments


$ 11,702.59


Transferred to Recreation Acct.


$ 4,500.00


Transferred to Mun. Bldg. Repairs


350.00


Transferred to Tercentenary Comm.


200.00


Balance to Revenue


1,279.41


$ 18,032.00


W. P. A. Materials, Bal. from 1942


$ 53.73


Appropriation 1943


700.00


Cash Refunds


20.34


$ 774.07


Administrative


$ 268.84


Building Account


181.57


Drainage


264.56


Recreation


4.01


Federal Commodities


7.00


Misc. Account


24.50


Total Payments


$ 750.48


Balance to Revenue


23.59


$ 774.07


Education


School Department General Salaries, Appro.


$228,619.00


Supt., Principals, Teachers


$184,371.72


Substitutes


2,457.50


Attendance Officer


2,199.77


School Nurse


2,140.57


Medical Inspection


929.38


Janitors


22,340.60


Clerical


9,863.74


Total Payments


$224,303.28


246


Transferred to School Maintenance Acct ... 3,000.00 Balance to Revenue 1,315.72


$228,619.00


School Department General Maintenance Appropriation $ 39,000.00


Transferred from Salaries Account


3,000.00


$ 42,000.00


Textbooks


$ 4,474.25


Supplies


8,490.57


General Control Expense


2,241.34


Supervision Expense


402.68


Principal's Office Expenses


308.06


Commencement


272.30


Other Expenses of Instruction


884.91


Compulsory Attendance


137.50


Medical Service


30.30


Nurse Service


378.42


Fuel


8,184.07


Other Expenses of Operation


7,157.19


Maintenance


4,396.39


Capital Outlay


2,851.14


Total Payments


$ 40,209.12


Balance to Revenue


1,790.88


$ 42,000.00


Transportation Appropriation


$ 9,500.00


Expended


$ 6,701.94


Balance to Revenue


2,798.06


$ 9,500.00


School Cafeteria's Appropriation


$ 14,000.00


Transfer from Industrial Tuition Account


500.00


$ 14,500.00


Pay Roll


$ 3,406.15


Supplies


10,208.30


Total Payments


$ 13,614.45


Balance to Revenue


885.55


$ 14,500.00


247


Industrial Tuition Appropriation


$ 2,000.00


City of Boston


$ 98.99


City of Malden


130.90


City of Medford


303.95


City of Somerville


196.96


City of Lowell


99.15


Essex County


60.00


Total Payments


$ 889.95


Transferred to School Cafeteria Account ..


500.00


Balance to Revenue


610.05


$ 2,000.00


Public Library


Public Library Salaries, Appropriation


$ 6,044.00


Librarian, Salary


$ 1,845.29


Assistants


3,285.23


Janitor


913.21


Total Payments


$ 6,043.73


Balance to Revenue


.27


$ 6,044.00


Public Library Maintenance, Appro.


$ 3,300.00


Refund


.60


$ 3,300.60


Fuel, Light, Water and Sewer


$ 420.73


Telephone:


47.69


Printing and Supplies


156.09


Maintenance and Repairs


377.01


Books, Periodicals and Binding


2,249.47


Miscellaneous


49.51


Total Payments


$ 3,300.50


Balance to Revenue


.10


$ 3,300.60


Cemeteries, Appropriation


$ 10,000.00


Transfer from Cemetery Reserve Fund


1,000.00


Transfer from Cemetery Bequest Fund


2,295.73


Transfer from Care Soldiers' Graves


32.00


Transfer from Fire Loss Account


382.00


2


$ 13,709.73


248


Superintendent's Salary


$ 3,016.00


Pay Rolls


8,670.83


Materials and Supplies


1,912.05


Total Payments


$ 13,598.88


Balance to Revenue


110.85


$ 13,709.73


Care Soldiers' Graves, Appropriation


$ 600.00


Pay Roll


$ 568.00


Materials and Supplies


32.00


Total Payments


$ 600.00


Department of Public Works


Administrative Office, Appropriation


$ 5,900.00


Superintendent's Salary


$ 3,531.89


Clerical


1,641.88


Telephones


239.73


Office Supplies


227.86


Printing


40.50


Engineering Supplies


141.20


Miscellaneous


10.80


Total Payments


$ 5,833.86


Balance to Revenue


$ 66.14


$ 5,900.00


Highway Department:


Appropriation


$ 40,000.00


Transfer from Victory Garden Acct.


224.12


$ 40,224.12


Payments :


Pay Roll


$ 24,226.67


Road Material


4,838.43


Curbing


199.50


Supplies and Tools


1,522.98


Road Machinery Acct.


8,014.32


All Other


670.01


Total Payments


$ 39,471.91


Transfer to Chap. 90 Maintenance $ 750.00


249


Balance to Revenue 2.21


$ 40,224.12


Maintenance of Storm Drains :


Appropriation


$ 4,000.00


Pay Roll


$ 3,747.25


Supplies and Misc.


252.75


Total Payments


$ 4,000.00


Storm Drain Development :


Appropriation


$ 4,200.00


Pay Roll


$ 2,403.78


Pipe and Supplies


1,796.22


Total Payments


$ 4,200.00


Sidewalk Maintenance and Construction :


Appropriation


$ 3,300.00


Pay Roll


$ 2,372.80


Materials, etc.


459.97


Total Payments


$ 2,832.77


Balance to Revenue


$ 467.23


$ 3,300.00


Snow and Ice Removal :


Appropriation


$ 13,500.00


Pay Roll


$ 8,777.06


Plowing and Hauling


748.88


Repairs and Supplies


1,337.76


Road Machinery Account


1,290.08


Total Payments


$ 12,153.78


Balance to Revenue


1,346.22


$ 13,500.00


Chapter 90 Maintenance :


Transferred from Highway Dept.


$ 750.00


Aid from State


750.00


Aid from County


750.00


$ 2,250.00


Pay Roll


$ 369.54


Road Material


1,437.41


250


Road Machinery Account


443.05


Total Payments $ 2,250.00


Road Machinery Fund


$ 9,850.00


Balance Forward from 1942


216.73


Receipts : Refunds from Gas Tax, etc.


256.05


$ 10,322.78


Repairs to equipment, gasoline and oil


$ 9,386.46


Balance to 1944


936.32


$ 10,322.78


John Street Dump :


Appropriation


$ 1,400.00


Pay Roll


$ 1,400.00


Drainage System Installation :


Balance from 1942


$ 2,920.98


Appro. 12/13/43


2,000.00


Receipts : Refunds, Gas Tax, Etc.


17.70


$ 4,938.68


Pay Roll


$ 2,608.77


Legal Services


33.25


Misc. Supplies and Tools


118.39


Total Payments


$ 2,760.41


Balance to 1944


2,178.27


$ 4,938.68


Sewer Department Maint. and Const. and Int .: Appropriation


$ 9,200.00


Pay Roll


$ 3,577.72


Int. on Bonds


1,450.00


Insurance


623.65


Tools and Supplies


903.39


Road Machinery Acct.


855.66


Total Payments


$ 7,410.42


Balance to Revenue


1,789.58


$ 9,200.00


Sewer Department House Connection :


Appropriation $ 1,700.00


Pay Roll


$ 1,212.44


251


Pipe and Misc.


253.46


Total Payments


$ 1,465.90


Balance to Revenue


234.10


$ 1,700.00


,


Water Department, Maintenance, Construction,


Bonds and Interest Appropriation


$ 52,400.00


Refund


28.69


$ 52,428.69


Pay Roll


$ 21,084.17


Bonds


9,000.00


Interest on Bonds


685.00


Insurance


1,849.77


Telephones


160.77


Light and Power


5,389.91


New Meters


100.80


Supplies, Tools and Fittings


2,443.28


Fuel


646.49


Coke Bed


1,608.13


Road Machinery Acct.


1,099.10


All Other


$ 1,358.61


Total Payments


$ 45,426.03


Balance to Water Reserve


7,002.66


$ 52,428.69


Municipal Light Department


Balance from 1942


$ 31,553.14


Receipts :


Sales Light and Power


367,269.59


Merchandise 'and Jobbing


20,401.62


Street Light Appropriation


14,000.00


Miscellaneous


39,386.71


$472,611.06


Payments :


Operation and Maintenance


$ 76,062.71


New Construction


2,119.43


Elec. Energy Purchased


155,887.14


Salaries and Wages


99,789.72


Taxes


5,106.00


252


Insurance


3,184.90


Bonds and Notes


22,000.00


Interest


2,022.50


Paid to Treasurer


35,000.00


Total Payments


$401,172.40


Balance to 1944


71,438.66


$472,611.06


Municipal Light Dept. Special Account


Balance from 1942


$ 8,000.00


Payments


$ 2,000.00


Balance to 1944


6,000.00


$ 8,000.00


Interest, Not Inc. Water, Light and Sewer


Appropriation


$ 5,621.25


Elementary School


$ 1,505.00


Relief Loans


563.75


Drainage


412.50


Municipal Garage


202.50


Fire Equipment


65.00


Storm Damage


50.00


County Hospital


22.50


Temporary Loans


6.89


Total Payments


$ 2,828.14


Transferred to Special Drainage Acct.


2,000.00


Balance to Revenue


793.11


$ 5,621.25


Maturing Debt, Not Inc. Water, Light


$ 47,000.00


Relief Loans


$ 20,000.00


Sewer


7,000.00


Drainage


7,000.00


Elementary School


6,000.00


Fire Equipment


2,000.00


253


Municipal Garage


2,000.00


Storm Damage


2,000.00


County Hospital


1,000.00


$ 47,000.00


Insurance Account


Appropriation


$ 15,850.90


Receipts :


Municipal Light Dept.


$ 2,947.47


Water Dept.


1,849.77


Sewer Dept.


623.65


Refunds


28.00


5,448.89


$ 21,299.79


Payments :


War Damage


$ 3,604.90


Fire Schedule


5,057.17


Workmen's Compensation


3,596.56


Public Liability


566.87


Safe Burglary and Robbery


418.89


Auto Pub. Liab. and Prop. Damage


2,997.38


Auto Fire and Theft


413.43


Boiler


1,921.74


Surety Bonds


807.00


Machinery Breakage


486.07


All risks-money


296.34


Miscellaneous


153.75


Total Payments


$ 20,320.10


Transferred to Victory Gardens


$ 600.00


Balance to Revenue


379.69


$ 21,299.79


Reserve Fund


Appropriation


$ 4,000.00


Miscellaneous Expense Account $ 400.00


Town Forest


824.80


Memorial Day Observance


150.00


Municipal Building Account


200.00


254


Police Dept. Maintenance


51.50


Election and Registration Account


50.00


Total Payments


$


1,676.30


Balance to Revenue


2,323.70


$ 4,000.00


Memorial Day Observance


Appropriation


$ 600.00


Transfer from Reserve Fund


150.00


Payments


$ 733.30


Balance to Revenue


16.70


$ 750.00


Rent American Legion Quarters


Appropriation


$


1,500.00


Reading Veteran's Association


$ 1,500.00


Land Court Expenses


Appropriation


$ 250.00


Payments, Land Court


$ 227.20


Balance to Revenue


22.80


$ 250.00


Town Forest


Appropriation


$ 300.00


Transfers from Reserve Fund


824.80


$ 1,124.80


Pay Roll


$ 1,124.80


Publication Street List


Appropriation


$ 550.00


Reading Chronicle Press


$ 545.00


Balance to Revenue


5.00


$ 550.00


Personal Injuries, Joseph M. Greene


Appropriation


$ 13.00 Thomas F. Halpin, M.D. $ 13.00


255


$ 750.00


Honor Roll


Transfer from Public Welfare Account


$ 800.00 Payments


$ 628.77


Balance to Revenue


171.23


$ 800.00


Excess and Deficiency Account


Balance Jan. 1, 1943


$102,771.58


Receipts Redemption of Property


4,111.30 .


Abatements


44.07


Additional Poll Tax Commitment


276.93


Transfer Receipts in excess of estimates


28,071.28


Transfer Unexpended Balances


28,310.39


Transfer Aid to Highways


621.26


Adjustment entries


1,075.24


Sale of land


255.00


Transfer from Tax Titles


$ 2,704.08


Adjustment entries


53.63


Balance to 1944


162,779.34


$165,537.05


$165,537.05


Outstanding Debt 'Balancing Account


Outstanding Jan. 1, 1943


$409,500.00


Loans paid in 1943 :


Fire Equipment


$ 2,000.00


Light Department


21,000.00


Water Department


6,000.00


Sewer Department


7,000.00


Middlesex County Hospital


1,000.00


Municipal Relief


20,000.00


Municipal Garage


2,000.00


Drainage 1939


2,000.00


Drainage 1941


5,000.00


Storm Emergency


5,000.00


Elementary School


6,000.00


Water Filtration Plant


3,000.00


$ 80,000.00


Outstanding Dec. 31, 1943


$329,500.00


$409,500.00


256


TOWN DEBT DETAIL OF MATURITIES


Year


Municipal


$12,000


$6,000


$2,000


$1,000


$1,000


$5,000


$6,000


$3,000


$7,000


$21,000


$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


.


4,000


4,000


13,000


4,000


4,000


13,000


1953


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


$31,000 $80,000


$8,000


$1,000


$1,000 $35,000


$16,000


$6,000 $29,000 $102,000 $15,000


$5,500 $329,500


.


5,000


2,000


7,000


1954


5,000


2,000


7,000


1951


5,000


1952


Relief


Elementary


School


Municipal


Garage


County


Hospital


Drainage


1939


1941


Water


Dept.


Water


Filtration


Sewer


Dept.


Municipal


Light Dept.


Storm


Damage


Fire


Equipment


Totals


1944


5,000


.


Drainage


LOANS IN ANTICIPATION OF REVENUE


Outstanding Jan. 1, 1943


$225,000.00 Paid in 1943 : November 5 $225,000.00


TRUST FUNDS CASH AND SECURITIES


Balance Jan. 1, 1943


$269,388.42


Hospital Fund Income


4,388.41


Cemetery Bequest Fund Income 2,356.45


Cemetery Bequest Fund Bequests


3,690.00


R. H. S. Scholarship Fund Income


100.62


Public Library Fund Income


21.11


Public Library Fund Income (H. G. Wadlin)


36.46


Hospital Fund Payments :


For Hospital Care


$ 1,109.62


For Administrative Expenses


120.00


Cemetery Bequest Fund Payments :


For Care Endowed Lots


2,295.73


R. H. S. Scholarship Fund Payments : For Scholarships


75.00


Library Fund for Books


55.50


Loss on Sale


3,915.00


Balance Dec. 31, 1943


272,410.62


$279,981.47


$279,981.47


Hospital Fund


Balance Jan. 1, 1943


$172,051.49


Receipts Income


4,388.41


Loss on Sale


$ 3,915.00


Payments for Hospital Care and Adm.


1,229.62


Balance Dec. 31, 1943


171,295.28


$176,439.90


$176,439.90


Cemetery Bequest Fund


Balance Jan. 1, 1943


$ 89,418.26


Receipts


6,046.45


Payments for Care Lots and Graves


$ 2,295.73


Balance Dec. 31, 1943


93,168.98


$ 95,464.71 $ 95,464.71


258


Reading High School Scholarship Fund


Balance Jan. 1, 1943


Receipts


$ 5,053.28 100.62


Payments for Scholarships


$ 75.00


Balance Dec. 31, 1943


5,078.90


$ 5,153.90


$ 5,153.90


Library Fund


Balance Jan. 1, 1943


$ 1,050.92


Receipts


21.11


Balance Dec. 31, 1943


1,072.03


$ 1,072.03 $ 1,072.03


Library Fund H. G. Wadlin


Balance Jan. 1, 1943


$ 1,814.47


Receipts


36.46


Books


55.50


Balance Dec. 31, 1943


1,795.43


$ 1,850.93 $


1,850.93


STATEMENT OF INVESTED FUNDS Hospital Fund


Investments Listed at Par or Less :


$ 5,000 Chicago B. & Q. R. R. Co., Ill., Div. "M" 31/2's 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


$17.000 U. S. Savings Bonds Series G. 17,000.00


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


5,000.00


$ 5,000 U. S. Treasury Bonds 41/2's, 1952-1947


5,000.00


$10,000 U. S. Treasury Bonds, 21/2's, 1955 Series G


10,000.00


$ 3,000 U. S. Treasury Bonds, 21/2's, 1954 Series G. 3,000.00


$10,000 U. S. Treasury 3 3/g's, 1947-1943 10,000.00


$ 6,000 Bell Telephone of Penna. 1st Ref. B. 5's, 1948 .. 6,000.00


$ 5,000 Chicago B. & Q. R. R. Co., Ill., Div. 4's, 1949 ... 5,000.00


259


$ 7,000 U. S. Savings Bonds 1949 Series D. . 5,250.00


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


5,000.00


American Mfg. Co., Common, 72 shares 1.00


Home Bleachery & Dye Works, Pfg., 2 Shares 11.00


Sharp Mfg. Co., Pfg., 55 Shares 1.00


Sharp Mfg. Co., Comm. 20 Shares (10921300)


1.00


Andover Savings Bank, No. 39860 5,461.00


Charlestown Five Cents Savings Bank, No. 162338 5,750.24


Essex Savings Bank, Lawrence, No. 230778 8,621.81


Mechanics Savings Bank, No. 9189 6,729.93


First National Bank, Reading, Savings Dept., No. 6435 6,000.72


Chelsea Savings Bank No. 154784


6,084.91


Danvers Savings Bank, No. 2189 1,225.60


Dedham Institution for Savings No. 72053


3,428.23


Franklin Savings Bank, Boston, No. 187890


2,315.99


Lynn Five Cent Savings Bank, No. 244496


2,266.62


Malden Savings Bank, No. 141347


6,398.13


Melrose Savings Bank No. 52937


2,315.75


Provident Institution for Savings, Boston, No. 615034


9,310.33


Wakefield Savings Bank, No. 45111


4,574.61


Warren Institution for Savings, Boston, No. 135648


5,870.77


Woburn Five Cents Savings Bank, No. 63401 5,249.85


Cash in General Fund 4,376.79


$171,295.28


Cemetery Bequest Fund


Investments Listed at Par :


$10,000.00 U. S. Savings Bonds, Series G. $ 10,000.00


$ 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


999.34


Home Savings Bank, Boston, No. 368204


2,465.74


Boston Five Cents Savings Bank, No. 948228


10,869.00


Andover Savings Bank, No. 40177 Cambridge Savings Bank, No. 89112


5,076.45


5,224.50


Essex Savings Bank, Lawrence, No. 230779


5,172.93


Mechanics Savings Bank, Reading, No. 5103


4,337.39


$17,000 U. S. Treasury Bonds, 21/2's, 1954


17,000.00


Mechanics Savings Bank, Reading No. 10714 4,651.02


Malden Savings Bank, No. 137262


6,566.70


260


Woburn Five Cents Savings Bank, No. 61052


6,273.41


Cash in General Fund 532.50


$ 93,168.48


Library Fund


Investment :


Boston Five Cents Savings Bank, No. 987334 $ 1,072.03


Library Fund


Horace G. Wadlin Fund


Investment :


Boston Five Cents Savings Bank, No. 1079095 $ 1,795.43


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. . 78.90


$ 5,078.90


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, 1943.


LEON G. BENT, Town Accountant


261


TOWN OF READING


BALANCE SHEET


ASSETS


LIABILITIES


Cash in Banks and Offices


$245,920.31


Municipal Light Dept. Consumers' De- posits


$ 12,440.54


Taxes Special Chap. 227 Acts 1941


1,891.21


Taxes : Levy of 1942


$ 23,346.37


Overlay 1942


9,416.42


Levy of 1943


71,921.21


95,267.58


Overlay 1943 19,086.46


Premium and Interest


820.08


Taxes Special Chap. 227 Acts 1941


1,891.21


Hospital Fund Transfer Account


4,376.79


Cemetery Bequest Fund Transfer Acct. ..


532.50


Unexpended Appropriation Balances


8,228.75


Cemetery Reserve Fund


5,419.02


State Parks and Reservations


17.10


Moth and Tree Work 1943


85.50


109.25


Special Funds :


Edw. W. & Philips H. Raymond Fund $ 16.78


Sewer Assts. Unapportioned


347.39


Morrison Fund 9.23


Baseball Fund


72.00


Sewer Assts. and Int. added to taxes 1942


6.25


Dog License Fees due County


34.80


Sewer Assts. and Int. added to taxes 1943


79.43


433.07


Sewer H. C. Assts., Unapportioned ..


452.19


Salvage Funds


2,874.51


Sewer H. C. Assts. and Int. added to Taxes 1942 .


14.11


Victory Tax


4,129.26


7,741.37


Sewer H. C. Assts. and Int. added to


Fishing and Hunting License fees due State 5.25


Special Welfare Account


10.00


Recovery Account 589.54


a


Municipal Light Consumers' Deposit Fund


12,440.54


Motor Vehicle Excise- Levy of 1943


330.77


Special Assessments :


Moth and Tree Work 1942


23.75


Accounts Receivable :


Taxes 1943


31.39


1 497.69


Sewer Rentals


1,204.04


S. & C. Unapportioned


49.87


S.&C. Assts. & Int. added to taxes 1942


100.88


Special Account 6,000.00


78,870.25


S.&C. Assts. & Int. added to taxes 1943


161.06


311.81


Revenue Reserved until collected :


Highway Assts. and Int. added to


Motor Vehicle Excise . .


$ 330.77


Taxes 1942


160.46


Moth and Tree Assessments 109.25


Highway Assts. and Int. added to


Sewer Assts. and Interest


433.07


Taxes 1943


423.89


584.35


Sewer H. C. Assts. and Interest


497.69


Loans Authorized


7,000.00


Sewer Rentals


1,204.04


Tax Titles


6,324.08


Sidewalk Assts. and Interest


311.81


Tax Possessions


4,907.20


Highway Assts. and Interest


584.35


Departmental Accounts Receivable


27,245.45


Tax Titles


6,324.08


Water Rates


4,539.80


Tax Possessions .


4,907.20


Water Liens added to Taxes 1942


14.67


Departinental Accounts


27,245.45


Water Liens added to Taxes 1943


80.92


4,635.39


Water Rates and Liens 4,635.39


Municipal Light Dept. Accounts Rec.


40,124.58


86,707.68


Municipal Light Dept. Accts. Receivable


40,124.58


Overlay Deficit 1941


468.89


Water Department Available Surplus. ..


$ 27,316.81


Real Estate Account


3,291.00


F're Loss Special Account


288.00


Road Machinery Account


12,775.77


Road Machinery Fund .


936.32


Loans Authorized Unissued


7,000.00


Surplus Revenue (Excess & Deficiency)


162,779.34


$450,906.27


$450,906.27


County Tax Deficit


1,077.55


Metropolitan Sewer Deficit


132.51


Tailings Account Reserve Fund Overlay Surplus Mun. Light Dept. Maint. Account 71,438.66


505.51 465.35


Underground Extension 1,431.59


BALANCE SHEET (continued) DEFERRED ACCOUNTS


Apportioned Sewer Assts. not due .


Apportioned Sewer H. C. Assts. not due. Apportioned Sidewalk Assts. not due ... Apportioned Highway Assts. not due ....


$ 1,641.80 Apport. Sewer Assts. Rev. 1944-1953


$ 1,641.80


398.31 Apport. Sewer H.C. Assts. Rev. 1944-1953


398.31


5,291.11


Apport Sidewalk Assts. Rev. 1944-1953 ..


5,291.11


10,521.07


Apport. Highway Assts. Rev. 1944-1953 10,521.07


$ 17,852.29


$ 17,852.29


DEBT ACCOUNT


Loans Outstanding


$329,500.00


Municipal Relief 1935


$ 6,000.00


Municipal Relief 1939


13,000.00


Municipal Relief 1940


12,000.00


Elementary School


80,000.00


Municipal Garage


8,000.00


Middlesex County Hospital


1,000.00


Drainage System Loan 1939


1,000.00


Drainage System Loan 1941


35,000.00


Sewer


29,000.00


Fire Equipment Loan


5,500.00


Storm Emergency Loan


15,000.00


Public Service Enterprises :


Municipal Light Loans


102,000.00


Water Dept.


16,000.00


Water Filtration Plant


6,000.00


$329,500.00


.


$329,500.00


TRUST FUNDS, CASH AND SECURITIES


Trust Funds, Cash and Securities ..


. $ 272,410.62


Hospital Fund


$ 171,295.28


Cemetery Fund


93,168.98


R. H. S. Scholarship Fund


5,078.90


Public Library .. Public Library, H. G. Wadlin


1,072.03


1,795.43


$ 272,410.62


$ 272,410.62


CONTRIBUTORY RETIREMENT FUND


ASSETS


LIABILITIES


Contributory Retirement Fund Cash ....


$ 2,006.47


Annuity Savings Group I


$ 28,535.13


Contributory Retirement Fund :


Annuity Savings Group II


3,293.38


Savings Bank Deposits


6,045.00


Annuity Reserve Group I


881.89


Co-operative Bank Shares


7,760.80


Annuity Reserve Group II


678.19


Other Securities


51,003.67


Pension Accumulation Fund Group I .


27,763.28


Accrued Interest on Investments


630.81


Pension Accumulation Fund Group II ...


4,922.86


Expense Account


60.49


Investment Income


1,311.53


$ 67,446.75


$ 67,446.75


$ 1,138,115.93


$ 1,138,115.93


REPORT OF THE CONTRIBUTORY RETIREMENT BOARD


To the Honorable Board of Selectmen :


The total membership of the Contributory Retirement System De- cember 31, 1942 was 145. During the year 1943 seven members were admitted to the system, eleven withdrew, three were retired, and one member deceased, making a total membrship of 137 active members.


The following is the financial statement for the year ended Decem- ber 31, 1943.


CONTRIBUTORY RETIREMENT FUND 1943


Receipts


Balance January 1, 1943


$


3,507.09


Receipts 1943 :


Withdrawn. from Cooperative Bank $ 692.80


Securities Matured


3,000.00


Securities Sold


4,053.00


Income on Investments


2,012.72


Contributions by Members


10,120.87


Appropriation by Town :


Pension Accumulation Fund


17,517.00


Expense Fund


300.00


Interest Deficiency


690.90


$ 38,387.29


$ 41,894.38


Expenditures


Payments 1943


Investments


$ 25,207.50


Accrued Interest


135.55


Pensions


12,239.64


Annuities


165.40


Refunds to Members


1,709.87


Administration Expense


429.95


$ 39,887.91


Balance December 31, 1943


2,006.47


$ 41,894.38


266


Assets


Cash First Nat'l Bank


$ 2,000.47 Deposits on Interest :


Mechanics Savings Bank Bk. 19442 $ 3,045.00


Melrose Savings Bank Bk. 57239 1,000.00


Natick 5c Savings Bank Bk. 60456


1,000.00


Pilgrim Trust Co., Boston Bk. 6254


1,000.00


$ 6,045.00


Co-operative Bank Shares :


Reading Co-operative Bank Bk. 9407 ยท1;345.80


Lexington Co-operative Bank Bk. 5446 1,246.40


Wakefield Co-operative Bank Bk. 8158 1.340.80


Concord Co-operative Bank Bk. 5491


1,210.80


Citizen's Co-operative Bank, Haverhill Bk. 109-41


1,398.40


Roger Conant Co-operative Bank, Salem Bk. 12851


1,217.60


$ 7,760.80


Investments :


$2,000 Cambria & Clearfield Ry Co. 4's 1955 $ 2,057.78


3,000 Central Maine Power Co. 31/2's 1972 3,286.98


5,000 Great Northern Ry Co. 51/2's 1952 . . 5,159.87


1,000 Great Northern Ry. Co. 5's 1973 1,059.55


4,000 Louisville & Nashville R. R. Co.


41/2's 2003 4,030.00


3,000 Louisville & Nashville R. R. Co. 3's 1980


2,483.93


5,000 Northern Pacific Ry. 4's 1997


3,871.65


3,000 Pacific Gas & Electric Co. 33/4's 1961


3,301.28


1,000 Reading Co. 41/2's 1997


844.99


2,000 Reading Co. 412's 1997


1,689.99


2,000 Reading Co. 412's 1997


1,689.98


5,000 Schuylkill & Lehigh R. R. Co. 4's 1948 5,000.00 2,000 Texas & Pacific Ry. Co. 5's 2000 2,020.00


2,000 Texas & Pacific Ry. Co. 5's 2000 2,020.00


1,000 Westchester Lighting Co. 31/2's 1967 1,103.53


2,000 Westchester Lighting Co. 31/2's 1967 2,207.07


2,000 Westchester Lighting Co. 31/2's 1967 2,207.07


267


5,000 U. S. Savings Bond Series G 5,000.00


20 Shares National Shawmut Bank Boston, Cert. No. 34674 500.00


30 Shares First National Bank, Boston, Cert. No. 183404 and 194626 1,470.00


Accrued Interest on Investments


$ 51,003.67 630.81


$ 67,446.75


Liabilities


Annuity Savings Fund :


Group 1


$ 28,535.13


Group 2


3,293.38


$ 31,828.51


Annuity Reserve Fund :


Group 1


$ 881.89


Group 2


678.19


$


1,560.08


Pension Accumulation Fund :


Group 1


$ 27,763.28


Group 2


4,922.86


$ 32,686.14


Expense Fund


$


60.49


Undistributed Income


$ 1,311.53


$ 67,446.75


J. WARREN KILLAM, Jr., Chairman LEON G. BENT, Secretary JOHN J. O'BRIEN


Contributory Retirement Board


268


TOWN OF READING - POPULATION 10,866


Years


Valuation


1941


Valuation Abatements in 1942


1943


Total Abatements


Net Valuation


1941


$ 17,427,855.


$ 252,764.


$ 54,189.


$ 13,473.


$ 320,426.


$ 17,107,429.


Excise


898,083.


55,899.


10,407.


66,306.


831,777.


1942


17,560,707.


119,458.


9,185.


128,643.


17,432,064.


Excise


724,463.


18,470.


7,060.


25,530.


698,933.


1943


17,596,044.


189,971.


189,971.


17,406,073.


Excise


489,510.


10,429.


10,429.


479,081.


Totals


$ 54,696,662.


$ 308,663.


$ 202,524.


$ 230,118.


$ 741,305.


$ 53,955,357.


Val. 1943


$ 17,596,044.00


Net Valuation for 3 Years .... $53,955,357.


Average Valuation for 3 Years. 17,985,119.


Req. Sec. 7


$


4,399.01


3% of Average Valuation 593,553.


L 0.56


Tax Rate 1943


$


33.90


Ratio of Debt. to Valuation : Gen. $1.14


Enterprise W 0.12 Total $1.82


0.68


Total Debt


Sinking Funds


Net Debt


Debt inside limit Debt outside limit


$ 13,500.


$ 13,500.


G


192,000.


192,000.


L 102,000 l


124,000.


124,000.


W 22,000 S


.E


$ 329,500.


Available Borrowing Capacity on January 1, 1944. ..... $526,053.


INDEX


Page


Accountant's Report


207


Appropriations and Expenditures


216


Balance Sheet


262


Betterment Assessments Not Due


228


Classification of Payments


232


Departmental Accounts


231


Receipts


208


Taxes and Assessments Receivable 225 Town Debt 257


Treasurer's Cash


224


Trust Funds, Cash and Securities


258


Invested Funds


259


Animal Inspector's Report


193


Births Registered


49


Births Registered for Previous Years


55 185


Board of Appeal


198


Board of Health.


196


Board of Public Welfare


182


Welfare Superintendent's Report


182


Board of Public Works


76


Executive Office


120


Highway Department


94


Park Department


110


Sewer Department


112


Superintendent's Report.


77


Water Department


78 196


Cemetery Trustees


184


Superintendent's Report


184


Collector of Taxes Report


200


Contributory Retirement Board Report


266


Custodian of Soldiers' and Sailors' Graves


193


Deaths Registered


66


Dogs Licensed


71


Drainage Committee's Report 121


Fire Alarm Superintendent's Report


192


Fire Chief's Report 191


187


Library Trustees Report


176


Librarian's Report


177


List of Jurors 10


Marriages Registered 57


Milk and Food Inspector's Report 186


Moth Superintendent's Report


195


Board of Assessors


Building Inspector's Report


Forest Warden's Report


INDEX


Page


Municipal Light Board Report


167


Auditor's Report


171


Employees in Armed Forces


170


Financial Statements


172


Manager's Report


168


Notice to Parents, Housewives, Physicians and Midwives


47


Planning Board


180


Plumbing Inspector's Report


183


Police Chief's Report


188


Recreation Committee Report


123


School Committee


129


Administrative Officers


131


Age-Grade Table


161


Budget


137


Change in Personnel


138


Commencement Exercies


162


High School Graduates


163


No School Signals


132


Number of Employees


140


Receipts Not From Tax Levy


136


School Committee's Report


134


School Schedule


133


Superintendent's Report


145


Teachers in Service, Dec. 31, 1943


142


Selectmen's Report


73


Sporting Licenses


.71 9


Town Clerk Fees Received


72


Town Clerk's Report


13


Town Counsel's Report


194


Town Election


17


Town Meetings


20


Annual


20


Election


17


Special : June 1


30


Special : November 4


35


Special : 'December 13


40


Town Officers 2


Town Warrant 13


Treasurer's Report


203


Tree Warden's Report 195


Veterans' Benefits Agent 181


War Price and and Rationing Board 181


Wire Inspector's Report


192


Sealer of Weights and Measures


186


Statistics


The Reading Chronicle Press, Inc. Reading, Massachusetts





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