HomeMy WebLinkAbout1933-06-06 Finance Committee Minutes Finance Committee Meeting April 17, 1933.
This meeting was called as provided by Section 2, Article 6 of the
Town By-Laws, for the election of a Chairman.
Mr.Robert B. Mount was nominated by Mr. Knox, and the nomination
seconded by Mr. Haley. No further nominations being made, Mr. Mount
was declared elected, by acclamation. After taking the Chair, Mr. Mount
referred to the vote taken at the annual Town Meeting relative to the
investigation of the so-called store of the Municipal Light Department
by the Finance Committee. Suggestions were called for as to when and
how the investigation should be made.
The following appointments to sub-committees were announced by the
Chairman:
BOARD OF PUBLIC WORKS: Mr. Connelly, Chairman, Mr. Haley and new members
Mr. Merrill, Mr. Currell and Mr. Crocker.
Selectments Committee: Mr. Briggs, Chairman, new members Mr. Roberts
and Mr. Crocker.
Meeting adjourned at 8.50 o'clock.
Members present: Robert B. Mount, Cbm., Haley, Roberts, Knox, Ellison,
Crocker, Currell, Merrill, Connelly.
Cler .
Finance Committee Meeting Tune 6, 1933.
The meeting was called to order at 7.50 otclock by Chairman Mount,
who stated that the meeting was called primarily to ascertain if the
investigation of the Light Department store should be conducted by the
Committee with the help of an outside audit. A letter was read
frdmthe Chairman of the Board of Selectmen in response to a request
that the Selectmen give an opinion as to entailing expense for the
Investigation.
Z�he Chairman called for a discussion of the matter. Mr. Devaney
stated that in his opinion the audit should not be conducted by the
same firm who makes a yearly audit of the Light Department accounts.
The opinion was expressed that the Light Department should furnish
figures pertaining to the store expenses for the past four or five years
and it was the sense of the meeting that such figures by obtained and
sent to the members of the Committee for study, and that a meeting be
called later.
The following transfers were voted from the Reserve Fundt
Election & Registration Expense $330.00
Insurance Account 174.07
June 6, 1933 Meeting Continued.
Members present: Chm. Mount, Haley, Dickie, Briggs, Currell, Merrill, (�
f Ellison, Canty, R; on, Devaney, Connel y. t
�r 17E'irri 4
Adjourned 8.25 P.M.
or Clerk.
Finance Committee Meeting July 11, 1933.
The meeting was called to order at eight o'clock.
The following transfers were voted from the Reserve Fund to
respective accounts:
Land Court Expenses $100.00
Town CounseL's Expenses 150.00
Treasurer' s Expenses 1001,00
The Chairman then introduced the subject of the Light Department
investigation and referred to a report from the Department concerning
the cost of the store which had been sent to each member of the Finance
Board. There was considerable discussion on the report and the general
question of the Light Department Store and upon the advisability of
employing a certified public accountant to report upon the figures sub-
mitted and make such investigation as the Committee should require.
It was voted that the Chairman appoint a committee to confer with
the Municipal Light Board to obtain figures relative to the store
operated by the Department upon which to base conclusions and that the
sub-committee report to the Finance Board at a later date. The following
committee was appointed:
Chairman William A. Connelly, D.M.D.
`r John L. Devaney
G. Lawrence Roberts
Edward J. Scott
Edward W. Briggs
The Clerk was directed to sent' a letter to each member of the
Finance Committee giving the names of the sub-committee and also to
urge any member who had any information or recommendations concerning
the matter in hand to send such to Chairman Connelly.
Members present : Chm. Mount,Briggs, Connelly, Devaney, Dickie, Ellison,
Knox, Haley, Roberts,
Adjourned 9.30
Clerk.