Annual reports of the Town officers of Milford, New Hampshire, 1900-1901, Part 1

Author: Milford (N.H. : Town)
Publication date: 1900
Publisher: [Milford, N.H. : The Town]
Number of Pages: 278


USA > New Hampshire > Hillsborough County > Milford > Annual reports of the Town officers of Milford, New Hampshire, 1900-1901 > Part 1


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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




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