—312-
Board Booms, Thursday, Feb. 12, 1925.
with
The Board met in regular session at 3 P.M.
the President presiding.
The following were present: Gaines, Clark,
Williams, Woodfin, -Jenkins, Mrs. Thomas, Gwathmey, Mahone,
Powell, Cousins, W.H. Moore, Montague, Harris-.
Also Secretaries Love and Ray, Treasurer San¬
ders, Hoyt E. Porter, Representative in Russia.
The meeting was opened with prayer by Brother
Weodf in.
Treas¬
urer's
Report —
The Treasurer reported as follows:
Month of January 1925.
Balance in Banks, Dec. 31, 1924 . . ... 47,670.64
RECEIPTS—
1$25 Program of Southern Baptists. .. 197 ,507. 97
Estate of D. Rich . 9,137.40
All Other Sources . . . . 9,458.09 216,103.46
• 263^774.1(7
DISBURSEMENTS —
foreign Yields. . .
Loans Paid .
Interest on Borrowed Money
All Other Purposes .
Balance in Banks .
128,586.66
25,000.00
3,494.45
8.336.75 165.417.86
: - - 3C3F672T
CURRENT ASSETS AND LIABILITIES.
Jan. 31.1925.
ASSETS—
dash in Banks . 98,356.24
Notes Receivable . . . 2,204.37
Stocks and Bond's . 12.546.90
пцга
Liabilities in Excess of Assets
(Debt)... 2,007.133.19 2,120,240.70
LIABILITIES —
Notes Payable (Borrowed Money)....
Palestine Property Fund .
Evangelistic Hall Canton Fund....
Letters of Credit Issued Previous
to those Issued for Year 1925.
386,493.01
Letters of Credit for 1925..
368,070.95
1,305,999.00
10,625.00
49,052.74
754,563.96 2,120,240.70
Geo.N.Sandere, Treasurer.
Secretary Love reported the following bills
which were ordered paid:
Barnes Safe and Vault Co . $5.00
• Baughman Stationery Co . 25.00
American Typewriter Exchange» ... 22. 60
Better Letters Co . 2.75
R.A.Cauthorne Paper Co . 13.72
Mann and Brown . . . 10.00
C. and P. Telephone Co . 21.35