13
Board Rooms, Thursday, April BO, 1933.
The Board met in regular session at 4 P. M. with the
President in the chair.
The meeting was opened with prayer by Brother Gaines.
The following were present: Jenkins, Mrs. Thomas,
Mrs. Atkinson, Mrs. Moore, Montague, Williams, Dr. Loving,
Bryant, Matthews, Coleman, Gaines, Gwathmey, Binford, and
Harris. Also Secretaries Maddry and Ray and Treasurer
Buxton.
U
The minutes of torch 10th were read and approved.
Secretary Maddry reported of his various activities
during the month.
The Treasurer reported as follows:
MONTH OF MARCH, 1933.
Cash in Banks March 1, 1933. .
RECEIPTS:
Cooperative Program . IB, 935. BO
Designated Gifts . 6,534.01
Lottie Moon Christmas Offering .... 5,141.83
Debt . 1,992.88
Income from Annuity Securities . B58.50
Income from Endowment Securities ... 247.50
Income from Trust Funds . 1,005.00
Miscellaneous Income . 168.97
Book Dept.:- Sales and Collections . 229.44
Annuity Securities . ,1,700.00
Total to account for . . .
113,260.03
30,213.33
DISBURSEMENTS:
foreign fields . 30,183.61
Interest on Borrowed Money . 5,711.66
Woman* s Missionary Union . 1,900.00
Baptist Brotherhood of the South .. 300.00
Interest on Annuities . 2,066.89
Book Dept.:- Purchases 164.76
Expenses 259. 73 . 424,49
Printing and Stationery . 599.31
Postage . 646.84
Annuity Securities . 4,500.00
All Other Expenses . 2,946. 23
PLUS:
Adjustment in amount of funds to be invested
4,082.65
Adjustment in amount of funds to
be applied on Debt . 3,327.52
Balance in Banks March 31, 1933, available for
Budget .
49,279.03
f9'4", 194.33
7,410.17
$101,604.50
CURRENT ASSETS & LIABILITIES
ASSETS:
Cash in Banks . 101,604.50
Book Dept.:-A/c*s Rec. 351.05
Inventory.. 10,127.90 . 10,478.95
Estate of John Sillers . .”. 1,285.36
Estate of J. H. Pepper . 357.00
Richmond, (Va. ) Real Estate . 16,500.00 130,225.81
Current Liabilities in Excess of
Current Assets . 1,023,744.10
$1,
1бЗ
,969.91
LIABILITIES:
Reserve Funds;
Evangelistic Hall, Canton 26,552.74
Dr. W. D. Lester Note . 17,417.17 43,969.91
Notes Payable . 1,110,000.00
-
ТГ7Т53,969.91
NOTE:
In addition to the above balance in banks
available for Current Budget there is on
deposit the amount of $52,550.35 from the
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