Thursday, April 19,1923.
The Board met in regular session at 4 P.M.,
President R.E. Gaines > in the chair. Dr. Cousins led in
prayer.
The following were present: Gaines, Powell,
Weeks, V/oodfin, Mahone, Clark, Broughton, Montague, Cousins,
Miss Poster, Gwathmey, Jenkins, Also Secretaries Love,
Ray and Hester.
The reading of the Minutes of Feb. 23 was
dispensed with. The Minutes of the called meeting of
March 8 were read and approved.
Treasurer's The Treasurer presented the following report:
Report —
Month of March 1923*
RECEIPTS--
Balance Feb. 28, 1923 .
75 Million Campaign . 86,133.93
Borrowed . 200,000.00
Relief . 7,000.00
Payment on Note Bapt . Gen.Aseoc .Tex.
10,000.00
Liberty Bonds Sold . 17,000.00
Income from Endowment Funds . 1,058.23
All other Sources . 2,930.31
17,328.10
324.122.47
ТЯ1/4БП.5?
DISBURSEMENTS —
Foreign Fields . 289,420.39
Interest Paid on Loans . 6,339.37
Interest Paid on Annuites . 674.50
All Other Purposes . 9.354.15 305.788.41
Balance in Bank-- 35,662.16
CURRENT ASSETS AND LIABILITIES MARCH 31. 1923-
ASSETS —
Notes Receivable . 39,554.37
Liberty Bonds . 500.00
War Savings Stamps . 276.37
Stocks and Bonds . 700.00
Annuites Released Securities not Sold . 15,621.90
Certificate of Deposit . 5,000.00
Balance in Bank . 35.662.16
97,314.80
LIABILITIES—
borrowed Money. . . .
Fund for Evangelistic Hall, Canton .
Letters of Credit .
Due African Mission on 1922 Appropriation..
1,153,105.31
37,000.00
1,497,440.42
29.559.47
$2, 717 , 105.20
Geo.N. Sanders, Treasurer.
The Corresponding Secretary presented the
following bills which were ordered paid:
Chesapeake and Potomac Tel. Co .( Gen. Expense ) 11.65
Western Union Tel. Co. • " 27.44
Postal Tel. Cable Co... " 37.57
Baughman Stationery Co. " 4.75
Everett Waddey Co . " 12.00
Old Dutch Ribbon Co.... " 36.00
Commercial Photograph Co. " 11.75
Virginia Stationery Co. ( Gen. Exp. 82. 90
Printing 128.00) 210.90
