USA > New Hampshire > Hillsborough County > Milford > Annual reports of the Town officers of Milford, New Hampshire, 1900-1901 > Part 1
Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org.
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12
Digitized by the Internet Archive in 2014
https://archive.org/details/annualreportoft1900milf_0
ALLEN COUNTY PUBLIC LIBRARY
3 1833 01823 7419
INNUAL EPORT-
OF THE
GC 974.202 M596AR, 1900-1901
TOWN OFFICERS
OF
MILFORD, N. H.
FOR THE
Year Ending Feb. 15, 1900.
MILFORD, N. H .: CABINET BOOK AND JOB PRINT,
A NNUAL REPORTS
-OF THE -
TOWN OFFICERS
- --- OF-
MILFORD. N. H.
-FOR THE
Year Ending Feb. 15, 1900.
MILFORD, N. H .: CABINET BOOK AND JOB PRINT. 1900.
3
WARRANT FOR TOWN MEETING.
THE STATE OF NEW HAMPSHIRE.
To the Inhabitants of the Town of Milford, in the County of Hillsborough, in said State, qualified to vote in Town Affairs :
You are hereby notified to meet at the Town House, in said Milford, on Tuesday, the thirteenth day of March next, at nine of the clock in the forenoon, to act upon the following subjects :
1. To choose all necessary Town Officers for the year ensuing.
2. To raise such sums of money as may be necessary to defray town charges for the ensuing year, and to make appropriations for same.
3. To hear the reports of all town officers, agents and commit- tees, and pass any vote in relation thereto.
4. To see if the town will vote to employ a night watchman, and raise and appropriate money for the same.
5. To see what sum of money the town will vote to raise and appropriate for the building and repairing of highways, bridges and sidewalks.
6. To see what sum of money the town will vote to raise and appropriate for the fire department.
7. To see what sum of money the town will vote to raise and appropriate for the support of schools.
8. To see what sum of money the town will vote to raise and appropriate for lighting streets and town house.
9. To see if the town will vote to provide better accommoda- tions for the post office in the town house and appropriate money for the same.
10. To see if the town will vote to provide better accommo- dations for the police court, water commissioners and tax collector in the town house and appropriate money for the same.
4
11. To see what sum of money the town will vote to raise and and appropriate for town house repairs.
12. To see if the town will vote to reinsure the Town House and raise and appropriate money for the same.
13. To see what sum of money the town will vote to raise and appropriate for the Free Library.
14. To see what sum of money the town will vote to raise and appropriate for sewers, or take any action relating thereto.
15. To see what sum of money the town will vote to raise and appropriate for Memorial Day.
16. To see if the town will vote to purchase 500 feet fire hose, and raise and appropriate money for the same.
17. To see what sum of money the town will vote to raise and appropriate for the widening of Amherst street, as per order of the County Commissioners.
18. To see if the town will vote to purchase a new hearse and raise and appropriate money for the same.
19. To see if the town will pass any vote or votes instructing the selectmen relative to the location and construction of such portions of an electric railroad within the limits of the town which may be proposed to be constructed under the charter of the Mont Vernon and Milford Electric Railway Co.
20. To see if the town will vote to require the proprietors of the Wilton Railroad to erect and maintain gates by the sides of said railroad at Cottage street, West street, Richardson's Cross- ing and Jones' Crossing, in said Miiford, at the intersection of said railroads, with the public highway at said places, or to station a flag man at said places.
21. To see if the town will take any action relating to the care of any public grounds now owned, or that may be acquired, or pass any vote relating thereto.
22. To see if the town will adopt Chapter 40 of the acts of 1899, relating to Cemetery Trust Funds.
FRANK W. ORDWAY, GEORGE A. WORCESTER, EVERETT STICKNEY,
Selectmen of Milford.
5
REPORT OF SELECTMEN.
Fellow Citizens and Taxpayers :
Your Board of Selectmen respectfully submit for your consid- eration their report for the fiscal year, ending Feb. 15, 1900.
In all our official actions we have realized that we are but your servants and should be held to a strict accountibility for our actions. That we have been measurably successful in keeping within the appropriations made at the last annual meeting, you will see by the figures of the financial statements.
From the treasurer's report we find that the entire floating in- debtedness has been paid and the cash in the treasury and other assets more than covers the liability represented by the Gay and cemetery trust funds so that the bonded indebtedness is all that remains.
This favorable financial condition has only been secured by exercising great care in making the annual appropriations which always determines the tax rate. This line of action should be continued if we desire a still lower rate. The several schemes that will be presented for your consideration at the coming an- nual meeting that call for the expenditure of money, should be given a thorough investigation, and if personal gain or advantage is to be derived from their adoption rather than the public good, they should be promptly voted down. On the other hand, if anything is needed to make our community more progressisve and that is conducive to the general welfare and we can afford it, let us by all means have it. The need of better post-office facilities has been for a long time apparent to all, and it would seem that we are about to have the long desired object attained. If the town furnishes the room, placed in a suitable condition for the recep tion of an outfit, supplied by the postmaster, and this at a small loss of income from the present rental, we feel that this is all that can be reasonably expected of the town. We find no statute that will allow towns to invest public money in buildings or furnish- ings for rental.
You will find in connection with this report a table of estimat"
6
ed income and expenditures for the coming year and if no mater- ial change is made in it a tax rate of $1.70 on each $100 of valua- tion will cover all expenses. This was the rate in 1883 and 1884 and is as low as a town with modern facilities and methods can expect to reach. Of the twenty-three towns in the State whose valuation exceeds $1,000,000 only five have a lower rate and eigh- teen a higher, only one of the eleven cities (Keene) has as low a rate. That the rate of taxation has a great deal to do with the growth and prosperity of any place there can be no question. To the wealthy who have only to draw a check for the amount of their tax and the person who only pays a poll tax the burden rests light- ly, but to the great middle class who have most of the levy to pay the amount assessed against them is in many cases burdensome.
The highway agent elected at the annual meeting having de- clined to serve we appointed Mr. George W. Taylor to that office on May first with the understanding that he should give his en. tire time to the work. Mr. Taylor has given great satisfaction to the board under whose direction he has discharged the duties of his office and we believe several changes he has made in the man- Der of conducting highway work have resulted in the improve- ment of our streets. We believe no person should be appointed to this position who cannot give his whole time to it. Experience has taught us that the Lincoln street bridge is too low and should be raised at least two feet the coming year. This can be done at small cost. The bridge over the canal at Pine Valley must be re- newed, and it would be wise to replace it with an iron or stone structure, as it is so low that it has to be renewed every few years.
The money appropriated for sewers we expended in building a sewer on Union and Garden streets, to the Boston & Maine rail- road station, with the result that all surface water in that section has been taken care of, and we were assured by the officials of the railroad that they were about to make some changes in their sta. tion and should connect with the public sewers. The school house will also be soon connected.
There are several streets that need sewers badly and it is hard to tell which should be attended to first.
It is only a question of time when the sewer that empties into the river at French & Heald's mill, must be extended below the dam ; for the present it should be lowered and extended into the river further so that at low water the outlet would be less offen- sive. The stone work at the ouilet of the Clinton street sewer has been destroyed by the ice and must be repaired. If the thousand
7
dollars asked for sewers is voted these repairs can be made and some new work undertaken.
The long needed repairs in the basement of the town house have been made and the place thoroughly renovated. The wood work on the building was also painted two coats and the zinc in the valleys on the roof replaced with copper. Some repairs should be made on the interior the coming year.
Only one petition for the straightening of a highway has been received, and we had a hearing on this, and widened and straight- ened the road over Federal Hill from the residence of W. Q. Young to J. E. Foster's, This was not done solely to improve the looks of the road, but largely to prevent the snow from drifting at this point, a condition that has always existed there and caused a large outlay for breaking out. No expense for land damage was required, only the expense of moving the walls and building fences.
During the year the County Commissioners have decided the Amherst street case so far as the bounds of the highway are con- cerned, and fixed the amount of damage to be paid to the two abuttors. One has accepted the amount ; the other has not as yet seen fit to do so. This case has become so familiar to all that nothing more need be said in relation to it.
Respectfully submitted,
F. W. ORDWAY, G. A. WORCESTER, E. STICKNEY.
9
Estimates for 1900.
Schools,
$12,000 00
County tax,
2,994 00
State
3,969 50
Highways,
5,000 00
Hydrants,
2,800 00
Interest on school bonds,
1,800 00
Electric lighting,
1,600 00
Town officers,
1,350 00
Sewers,
1,000 00
Fire department,
900 00
Library,
950 00
Sinking fund,
800 00
Repairs on Town House,
500 00
Night watch,
600 00
Town poor,
250 00
Miscellaneous expenses,
350 00
Interest on trust funds,
325 00
Town House supplies,
400 00
Janitor of Town House,
400 00
Printing,
170 00
Memorial Day,
100 00
Insurance on Town House,
100 00
Police,
25 00
Water tubs,
24 00
$41,407 50
ESTIMATED INCOME.
Savings banks,
$1,500 00
Railroad tax,
1,200 00
Insurance tax,
225 00
Town House,
2,200 00
$5,152 00
Estimated tax rate for 1900,
$1 70
10
Amherst Street Road Case.
Smith Berry, land damages,
$250 00
County commissioners, 185 00
George II. Allen, surveying roads,
129 34
Burnham, Brown and Warren, counsel, 150 00
E. I. Kendall, counsel, 126 95
C. H. Bartlett, surveying, 13 02
George W. Duncklee, attending road hearing, 9 00
Charles W. Stevens, attending road hearing, 10 00
Day & Deschamp, iron bounds, 3 22
Ira Chase, attending road hearing, 5 00
$881 53
Notes and Interest.
Souhegan National Bank notes,
$6,000
Hannah E. Webster,
1,500
Clarence L. Trow,
540
Everett Stickney,
66
850
$8,890 00
Interest.
Souhegan National Bank,
$83 88
Hannah E. Webster,
62 16
Clarence L. Trow,
19 80
Everett Stickney,
24 08
$189 92
Registered Water bonds,
400 00
Coupon bonds,
2,720 00
66
1,740 00
$4,860 00
Sinking Funds.
Water bonds,
$1,200
School
800
$2,000 00
Taxes.
State tax,
$4,194 75
County tax,
5,457 90
$9,652 65
Abatements. J. H. Fay, Abatements of taxes for 1898, $257 10 1
11
Memorial day. F. P. Hood, treasurer, appropriation, $100 00
Schools,
E. I. Kendall, treasurer, school district
appropriation, $12,100 00
66
Literary fund, 359 10
Dog license money for 1898,
312 32
$12,771 42
Library.
J. E. Webster, treasurer, appropriation,
$900 00
66 Interest on Gay fund, 250 00
$1,150 00
Town History.
History committee, $200 00
Printing.
W. B. Rotch, printing reports, $160 00
66
2 00
J. P. Melzer,
10 00
$172 00
Cemeteries. ·
Wm. M. Knowlton, treasurer,
$120 46
E. C. Towne, repairing fence,
2 50
E. J. Parker, labor on hearse house,
1 25
$124 21
Insurance.
Wm. M. Knowlton, insurance ou town house, $47 00 A. L. Keyes,
46 00
$93 00
Sewers.
French & Heald, stakes,
50
A. E. Gay, sewer pipe, 2 63
A. W. Howison, sewer pipes,
32 04
L. L. Junkins, surveying,
7 00
James Reilly, sewer work,
962 13
$1,004 30
12
Water Tubs.
E. L. Hodgman,
$3 00
S. B. Cotton estate,
3 00
Nathan Merrill,
3 00
C. A. Webster,
3 00
Geo. D. Armstrong,
3 00
C. P. Colby,
3 00
$18 00
Miscellaneous.
E. I. Kendall, retaining fee, $25 00
Leon L. Junkins, surveying streets, 1 50
Eco Magneto Clock Co., repairing police register, 4 55
Eco Magneto Clock Co., Dials for clock, 3 00
W. J. Prince, repairs on hearse, 1 85
H. S. Hutchinson, M. D., service in Lucy Burnham case, 5 00
Eugene Wason, M. D., service in Lucy Burnham case, 5 00
Walker R. Fitch, service in Lucy Burnham case, 5 00
Geo. E. Clark, surveying highway, 4 00
J. M. Burdick, expense as tax collector, 1896, 13 37
66 Overtax, 1898, 4 00
G. A. Worcester, lighting arresters for police register, 2 10
G. A. Worcester, expense in settling pauper account in May, Sept. and Jan., 4 24
G. A. Worcester, expense to Concord to settle with State Treasurer, 2 59
J. M. Laws, return of vital statistics, &c.,
58 15
66 Damage by overflow of sewer, 1 95
66 Postage, express, &c., 8 03
Silsby & Son, record book for town clerk, 5 25
F. L. Knapp, return of marriage certificates, 1 00 Geo. W. Ellison, M. D., return of births and deaths, 1 00
J. W. Finerty, return of births and deaths, 2 25
H. S. Hutchinson,
¥ 66
11 75
Eugene Wason,
66
66
66
3 50
W. H. W. Hinds, 66
16 66
6 25
13
Geo. W. Hatch, M. D., return of births, 1 25
F. Chandler, 66 66 1 00
J. B. Pettingill
66
50
Hutchinson & Averill, food for tramps, 17 95
A. L. Keyes, expense of water investigation, 7 57
E. C. Eastman, tax collector's book, 3 08
A. J. Fisher, mowing Shepard Park, 1 50
M. R. Burnham, tuning town piano one year, 5 00
C. F. Fiske, repairing aqueduct, damaged in grading new street, 1 75
Ida, M. Hagar, copying records, 8 00
J. R. Ashton, raising flag Memorial Day and July 4th, 2 00
F. T. Stuart, engraving portrait of F. T. Sawyer, 75 00
F. W. Farnsworth, supplies for Selectmen, 2 38
J. H. Fay, expense on R. D. Sargent tax, 2 78
F. W. Ordway, postage, stationery, telephoning, 1 36 N. H. Brown, hen and chickens killed by dogs, 5 25 Dumas & Co., books for Town Treasurer, 20 75
$337 45
Janitor of Town House.
A. A. Simonds, $399 98
Fire Department.
J. A. Brahaney, treasurer appropriations, $975 00
County Poor.
A. A. Gilbert,
$141 00
J. H. and M. E. Hutchinson,
157 65
Nancy Sargent,
72 85
Jennie Wellman,
72 85
David W. Duncklee,
78 00
Bezie Rogers,
40 00
A. W. Ludwig,
126 46
Moses Chase,
78 21
Mrs. C. C. Bartlett,
10 95
Mrs. E. E. Johnson,
78 00
Milo Clair,
4 50
Mrs. Owen O'Brien,
25 00
Mrs. Wm. Harwood,
8 00
14
Joseph Burbee, Sr.,
40 79
J. K. Winslow,
5 00
Louis Cota,
9 13
Frank Ross, transient,
1 00
John P. Murphy, “
37 00
Mrs. Mary O'Rooke,
17 17
Mrs. E. S. White,
57 00
Mrs. M. D. Handy,
12 00
Mrs. Soucy,
120 07
$1,192 60
Town House Repairs.
W. F. French, repairs,
$8 44
Geo. A. Avery, "
110 99
Stevens Granite Co., step,
6 50
I. H. Carlton, setting step,
1 45
E. W. Clark, repairing roof,
105 85
John Twiss, labor,
5 25
Day & Deschamps,
25
Geo. Taylor, labor and gravel,
16 76
James A. Mixer, painting,
308 48
Thomas Nolan, labor on roof,
8 13
C. H. V. Smith, lumber,
18 90
A. W. Howison, “
35 77
E. J. Parker, stock and labor,
3 70
H. H. Barber, “
3 72
C. B. Dodge,
62
Leon Junkins, laying floor in store, 11 15
Joslyn & Sargent, labor on basement, 31 81
S. E. Johnson, stock and labor, “ 53 46
G. A. Worcester, electric stock and labor,
3 30
H. H. Barber, town house repairs, 12 94
J. M. Stickney, blacksmithing, 3 05
$750 52
Police Court.
A. L. Keyes, salary as justice, $79 14
G. A. Worcester, special justice, 14 00
F. A. Dodge, conveying prisoners to Grasmere, 25 34 food for prisoners, 2 50
Faulds & Winters, " " 6 45
$127.41
15
Water.
Hydrant service, Drinking fountains, Town House,
$2,665 00
60 00
88 00
$2,813 00
Town Officers.
F. W. Ordway, selectman,
$275 00
G. A. Worcester, «
200 00
E. Stickney, 66
20C 00
J. M. Laws, town clerk,
85 00
F. W. Sawyer, town treasurer and treasurer of sinking funds,
150 00
J. H. Fay, tax collector,
230 00
C. E. Knight, auditor,
10 00
C. S. Emerson, «
10 00
G. A. McIntire, supervisor,
5 00
J. H. Fay,
5 00
F. B. Bartlett,
5 00
B. F. Foster, sexton,
156 00
John McLane, moderator,
5 00
$1,336 00
Highways.
C. A. Jenkins, agent for Feb and March,
$975 95
No agent for April,
312 33
Geo. W. Taylor, agt. for bal, of year,
3,652 42
Stevens Granite Co., Edgestone for Amherst street,
99 70
Water for flushing sewers,
9 39
$5,049 79
Town Poor.
Mrs. Horace Peabody,
$110 00
Mrs. Hartwell Greene,
93 00
Frank A. Butler,
38 33
$241 33
Town Soldiers' Aid.
A. K. Lewis,
$104 00
H. L. Robbins, 32 00
$136 00
16
County Soldiers' Aid.
Mrs. B. Ryan,
$85 90
Henry Manning,
35 25
J. R. C. Davis,
19 69
$140 84
Town House Supplies.
Hutchinson & Averill, supplies,
$12 60
W. F. French,
10 46
Gilbert & Barker, gasolene,
99 94
B. R. Came & Son, coal,
207 58
Geo. A. Avery, supplies,
13 50
Geo. A. Worcester, electric lamps,
3 00
Walworth Construction Co., pipe for tramp beds, 24 97
E. M. Parker, freight and teaming, 4 53
J. F. Grafton, wood,
2 00
D. W. Graves, ladder,
1 70
American Exp. Co., express, ,
35
Merrill Bros., coal,
140 02
Emerson & Son, supplies,
1 30
$521 95
Town Team.
Brooks Pierson, labor,
$520 00
J. Shannahan, barn rent,
50 00
W. F. French, supplies,
1 21
F. W. Chase, hay,
18 00
J. G. Ellis,
3 13
G. F. Burns,
31 13
G. W. Averill, "
8 32
Kendall & Wilkins, feed and bedding,
123 85
W. J. Prince, shoeing and repairs,
32 85
Smith Berry,
1 00
Day & Deschamps, repairs to cart,
5 50
E. Shannessy,
1 00
Isaac Brothers,
4 50
E. M. Dunbar, repairs on harness,
0 90
J. C. Lease,
5 42
C. B. Dodge, blankets,
7 00
Dr. W. B. Loring, medical attendance,
3 00
17
Milford Water Works, water,
6 00
George W. Taylor, tip cart, 18 00
$840 81
Received for Town Team.
C. A. Jenkins, road agent,
$128 45
G. W. Taylor, "
749 35
Month of April, no road agent,
80 50
$958 30
Board of Health,
B. F. Foster, supplies and labor,
$44 75
W. F. French, Formaldehyde, sulphur, etc.,
I2 07
A. J. Hutchinson, cotton cloth, 1 94
G. A. Jennison, sulphur,
2 25
H. H. Barber, cotton cloth,
1 00
G. A. Jennison, goods for quarantine case,
1 05
C. D. Holt,
53
W. H. W. Hinds, service and expense, 10 50
$74 09
Police Department.
F. A. Dodge,
$600 00
G. F. Hawkins,
3 00
Ernest Hawkins,
2 00
John Hodlin.
6 00
Kenneth Huse,
2 00
C. A. Scott,
2 00
W. C. Sears,
2 00
J. H. Fay,
2 00
J. G. McDearmid,
2 00
L. C. Hall,
2 00
$623 00
Electric Lighting.
Paid on 1898 account,
$290 23
Lighting streets for 1899,
1,341 92
Town House, 1899, 181 70
$1,813 85
Respectfully submitted, FRANK W. ORDWAY, GEORGE A. WORCESTER, EVERETT STICKNEY.". Selectmen of Milford.
18
February 19, 1900
We certify that we have examined the foregoing account and find it correctly cast and properly vouched.
CARL E. KNIGHT, F. W. BARNES. Auditors
19
TOWN TREASURER'S REPORT FOR THE YEAR ENDING FEB. 15, 1900.
F. W. SAWYER, TREASURER,
In Account with TOWN OF MILFORD. DR.
To amounts received as follows :
Balance in treasury Feb. 15, 1899, $2,518 81
Total tax assessment for 1899, 39,104. 15
Uncollected taxes of 1898,
3,366 18
Interest on taxes 1898,
75 92
Insurance tax,
252 00
Railroad tax,
1,208 93
Savings bank tax,
2,009 04
Literary fund,
359 10
County of Hillsborough,
1,308 71
Town team,
958 30
Licenses on shows,
9 00
Licenses on dogs,
357 02
Cemetery lots sold,
150 00
Police court fines, etc.,
295 55
Rents, also heating and lighting,
2,191 55
Milford Water Works, int. on water bonds, 3,000 00
66 66 sinking fund, 1,200 00
66 surplus,
1,700 00
Souhegan Nat'l Bank, amount borrowed,
6,000 00
Everett Stickney,
850,00
Charles Lovejoy, cemetery trust fund,
50 00
Mary L. Tucker estate, cemetery trust fund,
100 00
Margaret C. Knight,
66 300 00
Sewer assessments, 160 50
Nancy Averill estate,
35 00
M. H. Peabody, on account of support,
46 97
Use of road machine,
8 00
Sale of junk,
3 00
C. A. Jenkins, road agent account 1898,
45
Rebates on oil barrels, 3 75
$67,621 93
20
CR.
By amounts paid as follows : Orders on treasurer for town expenses,
$22,271 84
state tax,
4,194 75
county tax,
5,457 90
66
school appropria- tion, 12,100 00
66
" notes and interest, 14,189 92
66
fire department, 975 00
66
" literary fund, paid to school board, 359 10
tax abatements 1898, 257 10
Premiums charged off on sinking funds in- vestments,
1,234 44
Uncollected taxes 1899, 2,521 83
Balance in treasury Feb. 15, 1900,
4,060 05
$67,621 93
Respectfully submitted :
F. W. SAWYER, Treasurer. Feb. 21, 1900.
We certify that we have examined the foregoing account and find it correctly cast and properly vouched. We have also exam- ined the sinking fund securities and find them as reported.
CARL E. KNIGHT, F. W. BARNES,
Auditors.
Financial Standing of the Town of Milford at the Close of Business Feb. 15, 1900.
LIABILITIES.
Notes payable Feb. 15, 1899, $2,040 00 Amounts borrowed during the year : Souhegan National Bank, 6,000 00
Everett Stickney, 850 00
-
$8,890 00
66
¥
21
LESS
Notes paid during the year :
Souhegan National Bank,
$6,000 00
Hannah E. Webster,
1,500 00
Clarence L. Trow,
540 00
Evereti Stickney,
850 00
$8,890 00
Leaves no floating debt whatever aside from trust funds.
TRUST FUNDS.
Ezra M. Gay, in trust for library,
฿5,000 00
Nancy Averill, " 66
55 00
Cemetery trust funds,
1,860 00
$6,915 00
Coupons outstanding,
Total liabilities other than bonded debt,
$7,255 00
Surplus,
248 58
$7,503 58
ASSETS.
Cash on hand Feb. 15, 1900,
$4,060 05
Amount due for rents,
180 49
66
from Hillsborough county,
240 96
66
sewer assessments,
35 25
66
on H. Green's note,
65 00
for uncollected taxes,
2,521 83
Town team,
400 00
$7,503 58
Net indebtedness Feb. 15, 1899,
$1,887 37
Feb. 15, 1900,
0
Decrease in floating debt,
$1,887 37
NOTE .- The foregoing account shows that the floating debt of the town is entirely paid and that we have a surplus of $248.58 over and above all liabilities other than the bonded debt.
Respectfully submitted : F. W. SAWYER, Treasurer.
340 00
22
Report of Sinking Funds.
F. W. SAWYER, TREASURER, in Account with
MILFORD WATER LOAN SINKING FUND.
DR.
To amounts received as follows :
Cash uninvested as per last report, $17 70
Interest on $2850 U. S. government 4 per cent. bonds, 114 00
Interest on $2500 town Milford coupon bonds, 100 00
3000
registered . 120 00
1000 Laconia 4 per cent. 40 00
120 loan to school bond fund, 4 00
Milford Savings Bank dividend, 194 73
School bond sinking fund loan paid, 120 00
Amount received from Milford Water Works in payment of premiums on investments, 871 11 Annual appropriation, 1,200 00
$2,781 54
CR.
By amounts invested as follows :
$2500 town of Poultney, Vt., 4 per cent. bonds,
$2,755 56
Cash on hand uninvested,
25 98
$2,781 54
Less balance as per last report,
17 70
Increase of water bond sinking fund,
$2,763 84
Less premiums charged off, 871 11
Net increase for the year 1899,
$1,892 73
F. W. SAWYER, TREASURER, in Account with
SCHOOL BONDS SINKING FUND.
DR.
To amounts received as follows :
Interest on U. S. Govt. 4 per cent. bonds, $44 00
66 town of Milford bonds, 80 00
Haverhill bonds, 40 00
Annual appropriation, 800 00
23
Amount received from town of Milford in
payment of premiums on investments, 363 33 Cash on hand Feb. 15, 1899, 67
$1,328 00
CR.
By amounts paid as follows :
Water loan fund note and interest, $124 00
Certificate of deposit to pay for $1000 city of Medford 4 per cent. bond, 1,131 30
Cash on hand uninvested,
72 70
$1,328 00
Summary of Sinking Funds Account.
Water Loan Sinking Funds :
Total amount of Fund February 15, 1899,
$10,948 53
Additions during the year,
$2500 Town of Poultney, Vt., 4 per cent. bond, Cash on hand uninvested,
$2,755 56
25 98
$2,781 54
Total,
$13,730 07
Deductions during the year,
Cash brought over from last report, $17 70
Premiums on investments, charged off,
871 11
School Loan Fund note paid,
120 00
Milford Savings Bank dividend,
194 73
฿1,203 54
Total amount of Fund, Feb. 15, 1900,
$12,526 53
Feb. 15, 1899,
10,948 53
Net increase for the year,
$1,578 00
24
School Loan Sinking Fund.
Total amount of Fund, Feb. 15, 1899,
14 64
Additions during the year,
Certificate of deposite to pay for 1000 City of Medford 4 per cent. bond when delivered, $1,131 30 72 70
Cash on hand uninvested,
$1,204 00
Total,
$56 68
Deductions.
Cash brought over from last report,
67
Premiums on investements, charged off, 363 33
$364 00
Total amount of Fund, Feb. 15, 1900,
5,304
Feb. 15, 1899,
4,464
Net increase of Fund,
$840
Schedule of Sinking Fund Securities.
Water Loan Fund :
United States Govt. 4 per cent. bonds at par,
$2,850 00
Town of Milford water loan coupon bonds, 1,000 00
registered “ 3,000 00
school " coupon 1,500 00
66 Poultney, Vt., coupon bonds, 2,500 00
Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.