Report of a Special Investigation Relative to the Indebtedness of the Cities and Towns of the Commonwealth (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 Excerpt: ... to 1906, and payable in 1919 from a sinking fund. No tax loans were carried over to the following year; uncollected taxes on account of the 1910 levy amounted to $6,130.34. Medfield (Pop. 3,466). Total indebtedness for the fiscal year ending January 31, 1911, was $16,140, consisting of: (1) $1,000 for Fire, payable by the serial method. (2) $3,100 for Sewers, annual payments being made on the same. (3) $3,000 for Bridges, annual payments being made on the same. (4) $3.540 on account of Town School Fund, being the balance of old school funds distributed by the State, on which the town paid interest until 1897, when it' voted to borrow the fund for a term of 50 years, but no note was given. (5) $5,000 Billings Library Trust Fund received by the town in 1903, which the town voted to borrow each year in anticipation of taxes; as no notes have been given, it has been considered a trust fund used. (There was sufficient cash in the treasury to restore the fund on January 31, 1911.) (6) $500 Smith Library Trust Fund received in 1890. (This fund was restored in 1911.) No tax loans were carried over to the following year; uncollected taxes on account of the 1910 levy amounted to $3,449.15. Medway (Pop. 2,696). Total indebtedness for the fiscal year ending January 31, 1911, was $102,122.92, consisting of: (1) $1,150 for Vault, issued in 1908, payable in 1912. (2) $1,100 for G. A. E. Block, issued in 1908, payable $500 in 1911 and $600 in 1912. (3) $939 for Fire, issued in 1908, payable $469.50 annually 1913 and 1914. (4) $600 for Schools, issued in 1908, payable in 1911. (5) $S0,000 for Water Supply, issued in 1910 and payable $4,000 annually 1915 to 1934. (6) $2,833."92 Cemetery trust funds. (7) $15,500 tax loans, of which $5,000 was issued in 1909, payable on ...