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Board Rooms, Jan. 14, 1932.
The Board met in regular session at 4 P. M. v/ith the
President in the chair.
The meeting was opened with prayer by Brother Slaughter.
The following were present: Slaughter, Montague, Gaines,
Walton, Clark, Cousins, Mrs. Wicker, Mrs. Thomas, Miss
Foster, Coleman, Mrs. Moore, Jenkins, Harris. Also
Secretary Ray and Treasurer Buxton.
The reading of the minutes of the last meeting — our
semi-annual meeting-- was dispensed with.
The Treasurer reported as follows:
MONTH OF DECEMBER, 1931.
Balance in Banks, December 1, 1931
2,094.31
RECEIPTS:
Cooperative Program . 21,554.04
Designated Gifts . 12,390.92
Debt Direct— . 66.21
Lottie Moon Christmas Offering . 13,383.64
Income from Annuity Securities . 1,429.03
Income from Endowment Securities.... 650.52
Income from Trust Funds . 1,018.34
Book Department:- Sales and Collections
1,146.30
Notes Payable . 20,000.00
Annuity Securities . 2,400.00
Endowment Securities . 2,000.00
DISBURSEMENTS:
Foreign fields . 61,591.79
Interest on Borrowed Money . 7,611.94
Woman's Missionary Union . 1,900.00
Baptist Brotherhood of the South.... 475.00
Book Dept:- Purchases 124.75
Expenses 648,43 . 773.18
Printing and Stationery . 606.92
Interest on Annuities . 1,030.29
Annuity Securities . 1,800.00
Endowment Securities, . 1,800.00
All Other Expenses . 2,931.18
Net increase within the month of funds to be
invested .
Net Defioit in Current Funds , Dec. 31, 1931. .. .
CURRENT ASSETS AND LIABILITIES.
76,039.00
787T3S73T
80,520.30
800.00
ASSETS:
Net Deficit in Current Funds .
Book Dept:- A/c's Rec. 603.41
Inventory. . . 10 , 146. 12 10,749.53
Estate of J. H. Pepper . 357.00
Estate of John Sillers . 1,585.36
Richmond Real Estate . 16,500.00
Stocks and Bonds . 470.00
Current Liabilities in excess of Current
Assets. ..........
3,ltt«99
29,661.89
-'ZS; '474.90
1,145,034.28
1,171,509.18
