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Board Rooms, Thursday, Dec, 11, 1930.
The Board met in the Board Rooms at 4 P. M. , the
President presiding.
The following were present: Miss Foster, Walton,
Storer, Mrs. Thomas, Mrs. Wicker, Woodfin, Gaines, Clark,
Williams, Jenkins, Coleman, Gwathmey, Slaughter, Harris.
Also Secretary Ray and Treasurer Buxton.
Brother Woodfin led in the opening prayer.
The Treasurer reported as follows:
MONTH OF NOVEMBER, 1930.
Balance in Banks, Nov. 1, 1930 .
7,073.28
RECEIPTS:
Cooperative Program .
Designated Gifts .
Lottie Moon Offering . . .
Debt — Direct .
Income from Annuity Securities .
Income from Endowment Securities .
Income from Trust . Funds. .... . .
Endowment Funds .
Annuity Securities .
Book Department — Sales and Collections
Total .
75,997.58
13,599.23
122.81
311.66
1,240.00
270.00
513.35
94.30
.3,000.00
618.33
95,767.26
102, 840. '54
DISBURSEMENTS:
Foreign fields . 73,618.82
Interest on Borrowed Money . 7,361.65
Interest on Annuities . 1,839.56
Book Department — Purchases.. 336.89
Expenses... 297.20 634.09
Woman's Missionary Union . 1,900.00
Baptist Brotherhood of the South . 480.00
All Other Expenses . 3,858.11 89,692,23
Balance in Banks, Dec. 1,1930 . ~ 13,148.31
CURRENT ASSETS AND LIABILITIES.
ASSETS:
Cash in Banks . 13,148.31
Book Dept. Accts. Receivable. . 2,198.43
Inventory. .13,800.71 15,999.14
Richmond Real Eatate . 16,500.00
Estate of John Sillers . 1,585.36
Stocks and Bonds.. . . . 5,310.00 52,542.81
Current Liabilities in Excess of Current Assets. . 886,992.99
939,535.80 '
LIABILITIES:
Reserve ^unds :
Evangelistic Hall, China.... 26,552.74
Cap. Exp. in Mexico . 9,973.46
Contingent Notes Payable.... 16,792.50
C. 0. Milford Fund . 1,200.00 . 54,518.70
Notes Payable . 885,000.00
Due to Investment Funds . . 17.10 939,535.80
E. P. Buxton, Treasurer,