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Board Rooms, Thursday, Feb. 19 , 1931.
The Board met in the Board Rooms at 4 P. M. , the
President presiding.
The meeting was opened with prayer by Brother Walton.
Present: Storer, Mrs. Moore, Walton, Gaines, Gwathmey,
Clark, Jenkins, Coleman and Harris. Also Secretary Ray and
Treasurer Buxton.
The Treasurer reported as follows:
. MONTH OF JANUARY 1931.
Balance in Banks, January 1,1931
3,612.46
RECEIPTS:
Cooperative Program . 69,031.79
Designated Receipts . 26,176.16
Lottie Moon Offering . 147,158.07
Debt Account — Direct . 100.00
Income from Annuity Securities.... 1,278.99
Income from Endowment Securities.. 1,877.54
Income from Trust Funds . 450.00
Miscellaneous Income . 74.98
Annuity Securities . 15,000.00
Endowment Securities . 200.00
Annuities . 4,700.00
Book Department — Sales and Collections
624.78 266,672.31
“$”270 ,'284. 77
DISBURSEMENTS:
Foreign Fields . 108.857.24
Interest on Borrowed Money . 1,805.82
Interest on Annuities . 1,806.70
Woman's Missionary Union . 1,900.00
Baptist Brotherhood of the South.. 480.00
Notes Payable . 20,000.00
Mortgages Payable (1-1^- XI, Marshall
St.) . 12,500.00
Deputation Expense . 362.04
Annuity Securities . 4,945.00
Book Dept. Purchases 323.27
Expenses 359.30 682.57
All Other Expenses . 3,399.87
Balance in Banks, February 1,1931...
156,739.24
$ 113,545.53
CURRENT ASSETS AND LIABILITIES.
ASSETS:
Cash in Banks: Budget 41,672.02
Lottie Moon 71,873.51
ГТЗ
, 545 . 53
Book Dept. :Accts.Rec. 1,181. 49
Inventory. . 12,094.33 13,275.82
Richmond Real Estate . 16,500.00
Estate of John Sillers . 1,585.36
Stocks and Bonds. . 610.00
Current Liabilities in Excess of Current
Assets. .
LIABILITIES:
Reserve Fund :
Lottie Moon Offering . 71,873.51
Special Funds:
Evangelistic Hall, China. 26,552.74
Cap. Exp. in Mexico . . 10,123.06 36,675.80
Contingent Notes Payable . 16,292.50
Due to Investment Funds . 83.10
Notes Payable . .910,000.00
145,516.71
889,408.20
$Т,'СУ34,9'24.91
$1,034,924.91
E. P. Buxton, Treasurer.
