51
Board Rooms, Thursday, Dec. 14, 1933.
The Board met in regular session with President
in the chair.
The meeting was opened with prayer
Ъу
Bro. Austin
Crouch.
The following were present: Jenkins, Mrs. Thomas,
Dr. Loving, Montague, Williams, Coleman, Gwathmey, Gaines,
Binford, Matthews, Harris. Also Secretary Maddry, Secretary
Emeritus Ray, Office Secretary Miss Ford, and Rev. Austin
Crouch, Exec. Secretary of the Executive Committee.
. The minutes of the November meeting were read
and approved.
On motion of Brother Gaines dsout amount cut on the
W. M. U. appropriation at the October Meeting, it was
voted that the former action be rescinded and the amount
remain as before.
That the action of the Board at the November
meeting with regard to Rev. and Mrs. W. W. Adams be re¬
scinded, was adopted by the Board on the motion of Bro.
Gwathmey.
The Secretary reported that the Relief and Annu¬
ity Board had agreed to pay the $200 loan against the
Annuity policy of Rev. R. S. Jones.
Voted that the Secretary be authorized to pay
the premium on the insurance of Brother A. B. Langston.
RECEIPTS:
The Treasurer reported as follows:
MONTH OF NOVEMBER, 1933.
Cooperative Program . 34,819.45
Designated Gifts . 9,655.11
Debt . 7,691.62
Lottie Moon Offering . 9.97
Le gac ies : S. C. ......... ...... ....... 46.87
Estate of John Sillers . 500.00
Income from Annuity Securities . 619.56
Income from Endowment Securities .... 571.13
Miscellaneous Income . 32.41
Book Department:- Sales and Collections
1,172.12
Annuities . 3,900.00
Annuity Securities . 878.76
Endowment Securities . 25.00
Collateral Loans . 25,000.00
Less deficit of November 1, 1933 .
Net available .
DISBURSEMENTS:
Foreign fields . 40,340.30
Interest on Borrowed Money . 7,644.11
Interest on Annuities . 1,777.23
Woman's Missionary Union . 1,900.00
Baptist Brotherhood of the South . 270.00
Deputation Expense . . 208.27
Book Dept. : -Purchases . 932.30
" n Expenses . . 295.64 ... 1,227.94
Printing and Stationery . 1,930.82
All Other Expenses . 2,621.13
Notes Payable . 8,500.00
Special Deposits- Debt Funds . 1,352.86
" " Investment Funds . 4,803.76
$84,922.00
9,317.55
$75,604.46
$72,576.42
3,0i8Y03
808.38
3,836.41
PLUS: Adjustment in Debt Funds ....
Balance in Banks, November 30, 1933