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Board Rooms, Thursday, April
9,1925»
The Board met in regular session at 4 P.M. , the
President presiding.
The meeting was opened with prayer by Brother B.M.
Gwathmey. The following were present:
Mahone, Williams, Miss Poster,- Mrs. Thomas,
W.H. Moore, Gwathmey, Gaines, Montague, Clark, Cousins, Harris»
Also Secretaries Love and Ray and Treasurer Sanders.
The Treasurer reported as follows:
MONTH OP MARCH 1925.
Balance in Banks, Feb. 28, 1925 . 050,563.65
RECEIPTS --
1Й26
Program. . . $60,616.75
Christmas Offering for China . 19,783.40
Relief . 17,000.00
Estate of D. Rich . 3,547.09
Income from Endowment Securities.. 1,026.00
Annuities . 1,900.00
Borrowed Money . -.125,000.00
All Other Sources . 1.685.94 230.559.18
- -
ШД22.-83
DISBURSEMENTS—
foreign Fields . . . * 206,189.15
Near East Relief . . . 19,704.02
Interest on Borrowed Money . 5-, 447. 22
All Other Purposes . 7,979.84 239,320.23
• Balance in Banks~ 41,862.60
CURRENT ASSETS AND LIABILITIES
MARCH 31,1925.
ASSETS —
Cash in Banks . 41,802.60
Notes Receivable . 2,204.37
Stocks and Bonds . 13,646.90
57,653.87"
LIABILITIES IN EXCESS OP ASSETS (DEBT)
X 2, 27 9-. 033. 61
LIABILITIES—
Notes Payable (Borrowed Money).. 1,435,999.00
Palestine Property Fund . 10,625.00
Evangelistic Hall Canton . 26-, 522. 74
Letters of Credit Issued Previous
To Those Issued for 1925 $295,171.88
Letters of Credit 1925.. 526.156.39
821 , 330. 27
Christmas Offering for China to
be appropriated to Desig. Ob.jects 42.21C.47
2,336,687.48
2.336,687.48
Geo.N. Sanders , Treasurer.
The following bills were ordered paid:
Western Union Tel. Co .
Postal Telegraph Cable Co .
C. and P. Telephone Co .
Trevrett .Christian Co .
Baughman Stationery Co .
Royal Laundry Towel Supply Co
Better Letters Co .
Commercial Photograph Co .
Virginia Stationery Co .
Everett V7addey Co .
Cottrell and Cooke .
. .29.78
.. 2.46
..10.65
.. 7.25
..13.15
.. 6.00
..10.90
..23.00
..37.35
.. 4.90
.505.00
Total —
