The URL can be used to link to this page

Home My WebLink About1938-12-16 Finance Committee MinutesMeeting of the Finance Committee December 16, 1938. The meeting was called to order at 7,15 by the Chairman. The School Com:iPli_ttee, Supt. Pierce, Chm. Tanner, appeared for Article 2 of the Warrant for he Special ~c7.3"Y:k ~ Meeting ~ to be hold December =2, 19 ..%v. . Tanner explained that i ir'at",afeZ from the School Salaries Account to School Maintenance Account would enable them ' ~,o buy ~ typewriters, Sewhng ??'ia3 ri.?_nes, lantern slide pro J e ctor, filing cabinets and visual education equ o ent, also to pay for repairs to stem( pipes and for electrical work, which rk ic;°ht otherwise c`°'_e out o the 1939 ~ r t~-li Ci.~~ E.''o ~'f'hB.k, t,~ would „ ~....,_.J t.r o L_ y .L :..L`t~ be available i, X00 to z 1000 from School Salaries Account. The School representatives were dismissed an the Committee voted to transfer 11000.00 from School. Salaries Account to Sch.oo Maintenance Account. The motion was made by Mr. Sturges and set°",C.i:i:, ded by M. Davis. Mrs. Henry - ~,s"~,.~ R. ~ rs® c h~ ~5on., Ohm., S Lt . , 1lCb C uJ€ 7. ~ ;.n appeared. and ,:1' Mr. representing ~-i^-s y the '/^y` Municipal ~^s ~yl Light Department Arthur next .7.,.u~.w.a.py~-.7~s~} r, .~'iCG-}'s brought statements and distributed to the Committee showing the cos- of repairs to distribution lines on account o the Storm Damage and a, statement of income and Expense, to October 11, 19j8. Under Article 5 of tt°1.E Warrant the Munic_i Light Department a.s for ~ wr;+:an appropriation appropriation of 2 ,OOC~, the sa.r11G to be borrowed rborrowed under the provisions of Claus; ~ of Section 8 of Chapter 44, General Laws. The following transfer from the Reserve Fund were requested and recommend- ed: 'eCt n and Registration Expense 1400.00 State Aid 15.00 Miscellaneous Expense 100.00 Treasurer's Clerical 50.00 it was moved ~r Mr, ~ r Folsom , J~ Sturges 22,d . seconded by Mr, that the above mounts he transferred to the respective a:ccounts* Tura. A Warren villa. , Jr, representing the Board of Selectmen appeared and explained the clauses in the will of the late Geo rage H. Grouar<d which would give the town the corpus of the trust- of 475000-00- Mr. .r'kelcn., Sint, of Boa.rnd of Public Works, under Article 4 of the Wa Laraxnt asked for a. transfer of 01,68l*Q3 from the unexpended balance in the interest Account to Snow Ice ,account. There is a deficit in Snow U: Ice account of approximately :,1800 to date. In executive session the following rotes uhrera passed. On motion" of Mr. Connelly seconded by Mr. Sturges, it was voted to 'sae- commend the acceptance of the corpus of the trust of 05,000 from . the will of tiieerge H. Groua.rd as set forth in of the ~ of he warrant. cam- Article `cLr'raa,Y3t, Under Article 4,9 it was moved by Mr. Connelly, seconded by Mr. Curr ell that ` 681..53 be transferred from Interest Account to Snow & Iob Account, der 'Jnder ~rt:± cle 5 .Ta m s 7eC' '3 J Mr. P. Sturges seconded by flt . l rar'G to borrowing xf $25,000,00 for he Municipal Light Department Store Damage under Clause g, Section 8, Chapter 44, G.L. Adjourned 7,R0 P.M. [embers present: Ohm. Devaney, Connelly, Curre F l Davis, Ellison, Folsom, Goldsmith, Newell, Kimball, Merrill, Stur°res, Wellman. Clerk TOWN OF READING FINANCE C OM1,1ITTEE SUB-COMIMITTEE,S 1939 19~+~ School Committee Cemetery Department Selectmen Board of Assessors Municipal Light Department Public 7,,Velfare Library Public Works Dept, Planning Board Margaret R, Ellison, Chairman Robert M. Folsom Allan H. Sturges G, Lawrence Roberts William A* Connelly, D.M.D. Frank M, Merrill, Chairman Wendell B, Newell Clarence M„ Kimball Charles F. Trevor, Chairman Robert M, Folsom Herman M, Noyes Louis Davis' Chairman A. Alden Goldsmith W, Gardner Long Harold B. Currell, Chairman Wme A* Connelly, D.M.D. Charles F, Trevor A. Alden Goldsmith, Chairman Allan H. Sturges Harold B. Currell Margaret R. Ellison Herman No Noyes G. Lawrence Roberts W'. Gardner Long Louis Davis,, Chairman Clarence M. Kimball Margaret R Ellison Wra, A, Connelly, Chairman Wendell B. Newell. Frank M. Merrill Allan H, Sturges Charles F. Trevor Harold B. Currell W, Gardner Long Clarence M, Kimball.