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Board RoomB, Thursday, Feb. 9, 1922.
The Board met in regular session at 4 P.M.,
the President presiding.
The Board opened with prayer by Brother Powell.
The following were present: Powell, Williams,
Gibson, C.A. Jenken3, Jr . , L.H. Jenkins, Gwathmey, Gaines,
Clark, Crump, Mahone, Harris. Also Secretary love and
Treasurer Sanders.
Treasurer's
Report —
The Treasurer reported as follows:
Month of January, 1922.
RECEIPTS —
Balance in Bank December 31 . #56,996.16
Receipts from 75-Million Campaign... 81,219.61
Liberty Bonds Sold .. (Loss$3, 335. 23) .156,350.00
Call Loans . 175,000.00
Relief Funds . 25,000.00
Endowment Sfcnd Securities Sold . 100,000.00
Interest on Liberty Bonds . 1,899.37
Income from Endowment Funds . 556.50
War Savings Stamps redeemed......... 41.17
Legacy of Caroline B. Gwathmey . 500.00
Sundry other items , including Refunds,
etc... 2,976.02
#600,539.83
DISBURSEMENTS—
Foreign Fields . #290,981.19
European Relief . . . 68,253.80
Near East Relief . 3,943.01
Expenses Woman's M. Union . 1,500.00
Expenses Laymen's Movement . 360t00
State Expenses . 1,270.63
Interest on Annuities . 558*50
Judson Centennial Interest on L, Bonds .5,278.50
Call Loan Paid to Judson Centennial. .10,000.00
Committee on College Activities. . . 1,527.20
Liberty Bonds bought from Judson
Centennial........ 90,200.00
Sundry other Items . 7 . 087? 04 480.959.67
Balance in Bank . #119,579%96
ASSETS— (Current)
Balance in Bank . 119,579*96
War Savings Stamps . 480*47
Note of State Board of Texas . 56,013.96
Legacies (Securities not sold).... 1.500*00
#177,574.39
LIABILITIES—
.... 100,000.00
.... 319,505.25
...1.978.784*74
#£,398,289.99
eo.N. Sanders,
Treasiirer.
Due G.W. Bottoms' Endowment Fund
Notes payable on call . .
Letters of Credit .