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Board Rooms, Thursday, Jan. 22,1931.
The
President
Board met in regular session at 4 P.M. ,
presiding.
the
The meeting was opened with prayer by Brother Sallee.
The following were present: Gwathmey, Clark, Slaughter,
Jenkins, Storer, Mrs. Thomas, Gaines, Montague, Walton,
Williams, Harris. Also Secretaries Ray and Sallee and
Treasurer Buxton and Mrs. Sallee.
The minutes for Deo. 11th were read and approved.
The Treasurer reported as follows:
MONTH OF DECEMBER, 1930.
Balance in Banks, December 1, 1930 .
13,148.31
RECEIPTS:
Cooperative Program . 21,810.80
Designated Gifts . 10,564.27
Lottie Moon Christmas Offering . 5,986.22
Debt-- Direct . 703.47
Income from Annuity Securities . 1,222.00
Income' from Endowment Securities . 688.72
Income from Trust Funds . 1,021.37
Annuities . 300.00
Endowment Funds . 11.00
Annuity Securities . 2,500.00
Book Dept.: Sales and Collections . 2,372.20
Notes Payable . 45,000.00
92,180.05
DISBURSEMENTS:
Foreign Eields . 86,327.30
Interest on Borrowed Money . 5,470.83
Interest on Annuities . 959.61
Book Dept.: Purchases. ... 434. 91
Expenses . 758.40 . 1,193.31
Woman’s Missionary Union . 1,900.00
Baptist Brotherhood of the South . 480.00
All Other Expenses . 5,384.85
Balance in Banks, January 1, 1931 .
101,715.90
7БТ2ЛБ
CURRENT ASSETS AND LIABILITIES.
ASSETS:
Cash in Banks . 3,612.46
Book Dept. : Accounts Receivable 685.80
Inventory . 12,094.33 12,780.13
Richmond Real Estate . 16,500.00
Estate of John Sillers . 1,585.36
Prepaid Expenses . 638.18
Stocks and Bonds . 3,010.00
Current Liabilities in Excess of
Current Assets .
38,126.13
945,367.05
жлет
LIABILITIES:
Reserve Funds:
Evangelistic Hall, China
Cap. Exp. in Mexico .
Accounts Payable .
Contingent Notes Payable
Due to Investment Fund..
Notes Payable . .
26,552.74
10,123.06
496.78
16,292.50
53,465.08
28.10
930,000.00 983,493.18
E. P. Buxton, Treas
