REPORT OF THE TREASURER

Transcription

1 1921.] Report of the Treasurer, 267 REPORT OF THE TREASURER The Treasurer presents herewith his annual report of receipts and expenditures for the year ending Sept. 30, 1921, to which is appended a statement of the Society's investments and of the condition of the various funds. Oct. 1, 1921 the net assets were invested as follows: Library Building and land S195, Public Funds 72, Raiboad Bonds 100, Miscellaneous Bonds 129, Kaih-oad shares 26, Bank shares 5, Miscellaneous shares 26, Mortgages 11, Bank deposit 1, Cash on deposit 2, $571, Which simi includes unexpended income amounting to $571, Less Library Building and land 195, Capital bearing interest $375, The following bonds were paid or exchanged during the year: $20,000 City of New York 1 City of Omaha 3,000 Cuyahoga County City of Duluth City of Memphis Business Real Estate Trust Western Electric Co. 1,000 Mass. Gas Cos. 1,000 Erie R. R. 4J/^'s 4>^'s 5's 4's 4's 4's 5's 4's

2 268 American Antiquarian Society [Oct., The following securities were either bought for cash, taken in exchange or given to the Society: $ Atchison, Topeka & Sante Fe R.R. 4's ,000 Duquesne Light Co. 6's ,000 Southern Cal. Edison Co. 6's Bethlehem Steel Co. 7's ,000 City of Bergen 8's ,000 Adirondack Pr.&Lt. Corp. 6's ,000 Niagara Falls Power Co. 6's ,500 Ellicott Square Co. 5's ,000 Mass. Gas Cos. 4>^'s 1929 l,oooblackstonevalleygas&elec.co. 5's 1939 American Tel. & Tel. Co. 4's ,000 Chicago & Eastern 111. R.R. 6's ,000 Erie R.R. " 4's ,000 Central States Elec. Corp. 5's ,000 Lowell, Lawrence & Haverhill St. Ry. Co. 5's ,000 Empire District Elec. Co. 8's N. Y., N. H. & H. R. R. 6's 1948 NorthernPacific-GreatNorthern Q}4's ,000 Government of French Republic 7J^'s 1941 Nebraska Power Co. 5's 1949 Fort Worth Power & Light Co. 5's 1931 Puget Sound Pr.& Light Co. 7J^'s shares, American Tel. & Tel. Co. 9 shares, Boston & Albany R. R. 5 shares, Boston Elec. Associates (pfd.) 5 shares, Boston Elevated Ry. Co. (common) 1 share, Boston Elevated Ry. Co. (pfd.) 5 shares. Commonwealth Gas & Elec. Cos. (pfd.) 2 shares, Dedham & Hyde Park Gas & Elec. Lt. Co. 5 shares. Fall River Gas Works Co. 8 shares, Fitchburg Gas & Elec. Lt. Co. 10 shares, Haverhill Elec. Co. 7 shares. Hood Rubber Co. (pfd.) 5 shares, Lawrence Gas Co.

3 1921.] Report of the Treasurer shares, Mass. Gas. Cos. (pfd.) 7 shares. Mass. Lighting Cos. (common) 7 shares, Mass. Lighting Cos. (pfd.) 6 shares. New England Tel. & Tel. Co. 9 shares, New London Northern Ry. Co. 10 shares, N. Y., N. H., & H.^R. R. 10 shares. North Boston Lighting Properties (pfd.) 2 shares. North Boston Lighting Properties (common) 5 shares. Northern R. R. 5 shares. Old South Bldg. Association 5 shares, U. S. Envelope Co. (pfd.) 6 shares, Washburn Wire Co. (pfd.) 7 shares, West End St., Ry. Co. (common) " 10 shares, Worcester Cons. St. Ry. Co. (1st pfd.) 20 shares, Worcester Gas Light Co. 2 shares, Portland Elec. Co. (pfd.) 3 shares, Pullman Co. 10 shares, Worcester Elec. Lt. Co. 1 share, Westboro Gas & Elec. Co. 3 shares, Westboro Gas & Elec. Co. (voting trust) 6 shares, Chicago & Eastern 111. Ry. (pfd.) 13 shares. Insurance Company of North America 3 shares, Worcester Gas Light Co. (pfd.) 5 shares. Great Northern R. R. (pfd.) 15 shares, Pennsylvania R. R. The Principal Account has been increased by receipt of $150 for Life Memberships; $300 from Gifts; $ by sale of duplicates; $66.86 from James Lyman Whitney Estate; $38, from Nathaniel Paine Estate; $1,000 from John W. Farwell; and the following gifts amounting to $6,525 credited to the Building Fund: Henry W. Cunningham $ T. Hovey Gage Samuel V. Hoffman 1, Grenville H. Norcross Samuel Utley, Homer Gage William H. Taft

4 270 American Antiquarian Society [Oct., Samuel B. Woodward George A. Gaskill Francis H. Dewey James B.Wilbur ' Leonard Wheeler George Francis Dow Charles P. Bowditch Charles G. Washburn George A. Plimpton Clarence W. Bowen Waldo Lincoln SAMUEL B. WOODWARD, Treasurer.

5 1921.] Report of the Treasurer 271 PRINCIPAL ACCOUNT Principal Oct. 1, 1920 (less unexpended income for 1920) Principal received since Oct. 1,1920 Albert Matthews Life Membership $50.00 Arthur Lord Life Membership William B. H. Dowse Life Membership Income added to principal Special Gifts Fund $16.10 Purchasing Fund James Lyman Whitney Fund Andrew McF. Davis Fund Building Fund ' Gifts to Special Gifts Fund Sales of Duplicates to Purchasing Fund John W. Farwell to Centennial Fund 1, James Lyman Whitney Estate Nathaniel Paine Estate 38, BuildingFund 6, Profita Loss Old Boston Nat'l Bank (Divd. in liqd.) 6.00 Worcester Nat'l Bank (Divd. in liqd.) Business Real Estate Trust (Profit by disposal) Mass. Gas Cos. (Profit by disposal) Erie R. R. (Profit by disposal) Expended from Purchasing Fund Expended from Special Gifts Fund Profita Loss: City of Omaha (Loss by disposal) City of New York (Loss by disposal) 1, Cuy ahoga County (Loss by disposal) City of Duluth (Loss by disposal) City of Memphis (Loss by disposal) Western Electric Co. (Loss by disposal) INCOME ACCOUNT Unexpended income 1920 $27.66 Incomefrom Investments 18, Assessments Sales of Publications $527, , $575, , $571, , $590,180.08

6 272 American Antiquarian Society [Oct., EXPENDITURES Income carried to Principal $ Incidental Expense Salaries 8, Light, Heat, Water and Telephone 1, OfficeExpense Supplies Books 3, Publishing 2, Binding! Care of Grounds ExtraService , $571, ASSETS RealEstate $195, Mortgages 11, Bonds 302, Stocks 57, Bank Deposit 1, CashonDeposit 2, , $571, Unexpended Balance Oct. 1, Principal Oct. 1,1921 $571, OCT. 1, 1921 CONDITION OF THE FUND ACCOUNTS Balance Inooma Expended Fund Title Prinoipal Balance 1-Aldén $1, $50.00 $ Bookbinding 7, George Chandler Collection and Research 17, and E. L. Davis 23, , , John and Eliza Davis. 4, F.H.Dewey. 4, G. E. Ellis 17, Librarian's and General , , Haven 1, I2-Life Membership... 4, Lincohi Legacy 7, Publishing 32, , , Salisbury 104, $ , , $29.67

7 1921.] Report of the Treasurer 273 Fund Title 18-Teimey 19-B.r. Thomas 22-Special Gif ts 23-F. W. Haven 24-Purchasing 25-Cha8, F. Washburn Centennial 27-ElizaD. Dodge 28-Hunnewell 29-Jas. Lyman Whitney.. 30-Samuel A. Green 31-Andrew McF. Davis.. 32-Nathaniel Paine 33-Building Principal,00 1,000,00 338,92,00 219,53,00 36,706,58 3,000, , , ,123,17 12,535,15 Balance Inoome ,00 50,00 16, ,50 250,00 1,822,80 150, ,50 250, ,151, Expended 1920 Balanoe 250, ,10 100,00 11,50 250,00 1,822,80 150,00 250,00 30,50 250,00 312,00 1, ,15 STATEMENT OF INVESTMENTS BONDS NAME RATE MATURITY PAH VAL. PUBLIC FUNDS: United States of America 4M Oct,, 1938 United States of America 4}^ Noy,, ,000 3,000 United Kingdom of Great Britain and Ireland 5Jí Aug., ,000 United Kingdom of Great Britain and Ireland,.,, 5>^ Feb., ,000 Government of the French RepubUc 7M June, ,000 Swiss Confederation 8 July, ,000 City of Bergen 8 Nov., ,000 Toronto Harbour Commissioners 4H Sept., ,000 City of San Francisco 4H July, 1949 BOOK VAL, 28,198,41 3,000,00 9,625,00 2,928,75 3,800,00 3,990,00 2,940,00 13, ' 4, $72,946,56 RAILROADS: Atchison, Topeka & Santa Fe 4 May, , ,00 Atchison, Topeka & Santa Fe 4 Oct, ,000 3,096,75 Baltimore & Ohio 3 J^ July, ,637,00 Boston Eleyated 4 May, Boston Elevated 4J^ Apr,, ,000 7,960.00

8 274 American Antiquarian Society [Oct., Boston& Maine 3J^ Feb., 1925 Chicago, Burlington & Quincy 4 July, 1949 Chicago& Eastern Illinois 6 Oct., 1934 Chicago & Eastern Illinois 5 Nov., 1937 Chicago, Indiana & Southern 4 Jan., 1956 Chicago, Milwaukee & St. Paul A}4 June, Chicago & Northwestern 4 Aug., 1926 Fitchburg 3H Oct., 1921 Illinois Central 3^ July, 1952 Illinois Central 5 Dec, 1963 Lake Shore & Mich. Southern 4 May, 1931 Lowell, Lawrence & HaverhUl 5 June, 1923 Marlboro & Westboro....7 July, 1926 N.Y.,N.H.&H 6 Jan,, 1948 N.Y.,N.H.&H May, 1954 N.Y.,N.H.&H 3J^ Jan., 1956 Northern Pacific-Great Northern 6}/^ July, 1936 Old Colony 4 Jan., 1938 Pere Marquette 4 July, 1956 Pere Marquette 5 July, 1956 Southern Indiana 4 Feb., 1951 Union Pacific 4 July, 1927 Wilkesbarre & Eastern...5 June, , ,000 4, ,000 10,000 8,000 1,000 2,500 10, ,000 \ 500/ , , , , , , , , , , , , $100, MISCELLANEOUS BONDS: Adirondack Power & LightCorp 6 Mar., ,000 5, American Tel. & Tel. Co. 4 July, ,000 12, Bell Tel. Co. of Canada 7 Apr., ,000 2,940,00 Bethlehem Steel Co 5 Jan., , Bethlehem Steel Co 7 Oct., , Blackstone Valley Gas & Elec. Co 5 Jan., , Central States Electric Corp 5 June, , Congress Hotel Co 6 Feb., Consumers Power Co 5 Jan., ,000 5,335.00

9 1921.] Report of the Treasurer 275 Danville, Champaign & DecaturRy&LightCo. 5 Mar,, 1938 DetroitEdison Co 5 Jan,, 1933 Detroit Edison Co 5 July, 1940 Duquesne Light Co 6 July, 1949 Ellicott Square Co 5 Mar., 1935 Empire District Electric Co 8 Nov., 1949 Fort Worth Power & LightCo...5 Aug., 1931 Michigan State Tel. Co!. 5 Feb., 1924 Nebraska Power Co 5 June, 1949 Niagara Falls Power Co.,.6 Nov., 1950 Northern States Power Co. 5 Apr., 1941 Puget Sound Power & LightCo 7J^ May, 1941 Seattle Electric Co 5 Aug., 1929 Southern California Edison Co.6 Feb., 1944 Southern California Edison Co 5 Nov., 1939 Southern Power Co 5 Mar., 1930 Terre Haute Traction & LtCo 5 May, 1944 United States Rubber Co. 5 Jan., ,000 6,500 4,000 3,000 4,000 10,000 1,000 4,000,00 4,925,00 4,800,00 9,750,00 6,110,00 3,930,00 4, ,996,00 4,000,00 3, ,300,00 4,875,00,00 8,975,00 920,00 4,775,00,00 1, $129, STOCKS 55 American Tel. & Tel. Co 11 Atchison Topeka& Santa FeR.R,(Pref.). 6 Baltimore & Ohio R. R. (Com.) 3 Baltimore & Ohio R. R. (Pref.) 9 Boston & Albany R.R, 5 Boston Electric Associates (Pref.) 5 Boston Elevated Ry. Co. (Com.) 1 Boston Elevated Ry. Co. (Pref.) 50 Boston & Maine R. R. (Pref.) 6 Chicago & Eastern 111. R.R, (Pref.) 5 Commonwealth Gas & Electric Cos. (Pref.). 2 Dedham & Hyde Park Gas & Electric LightCo 6 Fall River Gaa Works Co., 6 Fitchburg Bank & Trust Co PAH VALUE $5,500 1, BOOK VALUE $5,271,22 687,00 420,00 210,00 1,080,00 44,00 300, ,00 6, , ,00

10 276 American Antiquarian Society [Oct., 8 Fitchburg Gas & Electric Light Co 400 ' 490,65 5 Great Northern Railway Co. (Pref. ) Haverhill Electric Co 1,000 1,250,00 7 Hood Rubber Co. (Pref.) Insurance Co. of North America Lawrence Gas Co, Massachusetts Gas Coa. (Pref.) 3, Mass. Lighting Cos. (Com.) Mass. Lighting Cos. (Pref.) New England Tel. & Tel. Co New London Northern Ry Co ,00 78N.Y.,N.H.&H.R,R 7,800 8,620,00 35 Northern R.R 3,500 3, North Boston Lighting Properties (Com.) North Boston Lighting Properties (Pref.) 1, Norton Co. (Pref.) 3,000 3, Old South Bldg. Ass'n (Pref.) 1,600 1, Pennsylvania R.R Portland Electric Co. (Pref.) Pullman Co Union Pacific R. R. (Com.) 3,000 3, United States Envelope Co. (Pref.) Washburn Wire Co. (Pref.) Webster & Atlas Nat'l Bank ;... 1,600 1, West End St. Ry. Co. (Com.) West End Street Ry Co. (Pref.) 1,250 1, Westborough Gas & Electric Co. (Voting Trust) Westborough Gas & Electric Co Worcester Bank & Trust Co : 3,100 2,914,00 10 Worcester Consolidated St. Ry. Co. (Pref.) 1, ,00 34 Worcester Gas Light Co 3,400 3, Worcester Gas Light Co. (Pref.) Worcester Electric Light Co 1,000 1,922,00 $57, LOANS J. Burwick 2, L. L. Mellen 1, J. P. Sexton, Trustee 8, BANK DEPOSITS 811, Deposit in Worcester Bank & Trust Co., Interest Department $1,000.00

11 1921.] Report of the Treasurer 277 REAL ESTATE Library BuUding with land $195, The undersigned. Auditors of the American Antiquarian Society, beg leave to state that the books and accounts of the Treasurer, for the year ending September 30, 1921, have been examined by Elmer A. MacGowan, Accountant, and his certificate that they are correct is herewith submitted. The Auditors further report that they have personally examined the securities held by the Treasurer and find the same to be as stated by him and the balance of cash on hand duly accounted for. (Signed). BENJAMIN THOMAS HILL, HOMER GAGE, Avditors. October 1, WORCESTER, MASS., October 1, I hereby certify that I have examined the books and accounts of the Treasurer of the American Antiquarian Society, made up for the year ending September 30, 1921, and find same to be correct. (Signed) ELMER A. MACGOWAN, Accountant. CONTRIBUTORS OF $100 AND MOHE TO THE SOCIETY'S INVESTED FUNDS 1832 Isaiah Thomas, Worcester (legacy) $23,152 Nathaniel Maccarty, Worcester (legacy) Edward D. Bangs, Worcester (legacy) William McFarland, Worcester (legacy) Christopher G. Champlin, Newport, R. I. (legacy) Stephen Salisbury, Worcester 1856 Stephen Salisbury, Worcester 1858 Nathan Appleton, Boston 100 Isaac Davis, Worcester 200 Edward Everett. Boston 100 George Folsom, Worcester 100 John Green, Worcester.. : 100 James Lenox, New York, N. Y 250 Levi Lincoln, Worcester 200 Charles C. Little, Cambridge. 100 Pliny Merrick, Worcester 100 Stephen Salisbury, Worcester 3,545 P. Dexter Tiffany, Worcester Stephen Salisbury, Worcester 8,000

12 278 American Antiquarian Society [Oct., 1868 William Thomas, Boston $500 Benjamin F, Thomas, Boston 100 Isaac Davis, Worcester 500 Levi Lincoln, Worcester (legacy) Isaac Davis, Worcester 100 Usher D, Parsons, Providence 100 Nathaniel Thayer, Boston Isaac Davis, Worcester 100 Ebenezer Torrey, Fitchburg Edward L, Davis, Worcester Miss Nancy Lincoln, Shrewsbury 300 John P, Bigelow, Boston (legacy) 1, Miss Nancy Lincoln, Shrewsbury (legacy) 200 Ebenezer Alden, Randolph Isaac Davis, Worcester Isaac Davis, Worcester Benjamin F, Thomas, Beverly (legacy) 1,000 Edward L, Davis, Worcester Joseph A, Tenney, Worcester (legacy) Ebenezer Alden, Randolph (legacy) 1, Samuel F, Haven, Worcester (legacy) 1, Robert C, Waterston, Boston George Chandler, Worcester,,., 500 Stephen Salisbury, Worcester (legacy) 10, Stephen Salisbury, Worcester (legacy) 10, Stephen Salisbury, Jr., Worcester 1887 Robert C, Waterston, Boston Francis H, Dewey, Worcester (legacy) 1891 Edward L, Davis, Worcester 1895 George E, Ellis, Charlestown (legacy) 10, Stephen Salisbury, Jr,, Worcester 1900 John C, B. Davis, Washington, D, C 1,000 Horace Davis, San Francisco, Calif 1,000 Andrew McF, Davis, Cambridge 1, Andrew H. Green, New York, N, Y, (legacy) 4, Stephen Salisbury, Jr,, Worcester (legacy) 60,000 Charles E, French, Boston (legacy) 1, Stephen Salisbury, Jr., Worcester (legacy) Mrs, Frances W, Haven, Worcester (legacy) 1910 Charles G. Washburn, Worcester Mrs, Eliza D, Dodge, Worcester (legacy) 3,000 James F. Hunnewell, Boston Andrew McF, Davis, Cambridge 1,000 Edward L, Davis, Worcester Charles H. Davis, Worcester '

13 1921.] Repart of the Treasurer Austin P. Cristy, Worcester $100 Henry W. Cunningham, Boston 1,000 Henry A. Marsh, Worcester 100 Simeon E, Baldwin, New Haven, Conn 100 Eugene F. Bliss, Cincinnati, 0 1,000 A. George Bullock, Worcester William B.. Weeden, Providence 500 > Charles L. Nichols, Worcester ' 2,500 Samuel B. Woodward, Worcester 1,000 Samuel Utley, Worcester 100 Waldo Lincoln, Worcester 1,000 Samuel S. Green, Worcester 1,000 James L. Whitney, Cambridge (legacy) Austin S. Garver, Worcester 100 Francis H. Dewey, Worcester 2,500 Thomas Willing Balch, Philadelphia, Pa 100 William Lawrence, Boston 100 Charles P. Bowditch, Boston 150 Samuel A. Green, Boston James P. Baxter, Portland, Me 100 Franklin B. Dexter, New Haven, Conn 100 Justin H. Smith, Boston 100 Lincoln N. Kinnicutt, Worcester 200 Samuel V. Hoffman, New York, N. Y Clarence M. Burton, Detroit, Mich 100 Henry H. Edes, Boston 250 Mrs. Deloraine P. Corey, Maiden Albert H. Whitin, Whitinsville 1,000 Daniel Merriam, Boston (legacy) 1,000 Mrs. Deloraine P. Corey, Maiden 500 Miss Jane A. Taft, Worcester (legacy) 1,000 Miss Katharine Allen, Worcester (legacy) 4, Grenville H. Norcross, Boston Horace Davis, San Francisco, Calif, (legacy) 1919 Samuel A. Green, Boston (legacy) ' 1920 Andrew McF. Davis, Cambridge 6,000 David H. Fanning, Worcester Clarence W. Bowen, New York, N.Y 500 Arthur P. Rugg, Worcester 200 Samuel L. Munson, Albany, N.Y 1, Henry W. Cunningham, Boston 250 T. Hovey Gage, Worcester 500 Samuel V. Hoffman, New York, N.Y 1,000. Grenville H. Norcross, Boston 500 Samuel Utley, Worcester ; 100

14 280 American Antiquarian Society [Oct., Homer Gage, Worcester, $500 William H. Taft, Washington, D. C 100 Samuel B. Woodward, Worcester 100 George A. Gaskill, Worcester, 100, Francis H. Dewey, Worcester 500 James B. Wilbur, Manchester, Vt 500 Leonard Wheeler, Worcester 250 Charles P. Bowditch, Boston 100 Charles G. Washburn, Worcester 500 George A. Plimpton, New York, N.Y 250 Clarence W. Bowen, New York, N.Y 500 Waldo Lincoln, Worcester 750 Nathaniel Paine, Worcester (legacy) 38,123 John W. Farwell, Boston 1,000

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