Foreign Mission Board Rooms
July 9, 1942
The Foreign Mission Board met in regular monthly session on Thurs¬
day, July 9, 1942 with President Jenkins in the chair.
The meeting was opened with prayer by Brother Prickett.
There were present L. Howard Jenkins, Hill Montague, T. F. Adams,
J. G. Loving, R. Aubrey Williams, Mrs. T. Justin Moore, Wade H. Bryant,
Charles E. Maddry, E. P. Buxton, John W. Lowe,
С.
C. Coleman, and Rev.
H. E. Henderson, pastor of Oak Grove Baptist Church, Richmond.
Dr. Maddry gave a report of the work of the Board. He stated that
it had been necessary to send approximately §22,000.00 to the State De¬
partment for the transfer of repatriated missionaries from foreign countries.
He also stated that a majority of the Board members had expressed their
intention of attending the meeting of the Board at Ridgecrest, August 12
during Foreign Mission Week and that indications point to a large atten¬
dance for the week.
The Treasurer's report was presented as follows and upon motion was
received and filed:
Balance in banks at June 1, 1942 $ 509,195.48
RECEIPTS
Co-operative Program
§45,799.73
Designated
27,522.54
World Emergency Relief
87,753,43
Debt Account - Designated
§ 5,683.35
Proceeds from sale
of
property in Mexico
2,000.00
7,683.35
Lottie Moon Christmas Offering
37.93
Income from Securities
1,582.39
Income - Reserve Emergency Fund
416.95
Income from Annuity Contracts Funded
1,263.00
Legacies
5,971.12
Miscellaneous Income
1,691.51
Stocks and Bonds
6,446.50
Exchange Checks
177.87
Mrs. W.E. Sallee Memorial Fund
11.87
Notes Receivable - Trust Funds
75.00
Endowment Fund
5,000.00
Training School Buildirr; Rind (Buenos
: Aires)
41.23
THE COMMISSION: Subscriptions
§ 1,105.48
Advertising Space
52.70
1,158.18
DISBURSEMENTS
192,632.60
701,828.08
Foreign Fields
50.
,388.
,99
Woman's Missionary Society
2,
,000.
,00
Publicity
340.
,00
Pensions
1.
,854.
,60
Interest on Borrowed Money
513.
,40
Expenses of Missionary Appointees
408.
,01
Christian Medical Council for Overseas Work
50,
.00
Christian World Mission Convocation
150.
,00
Traveling Expenses
202.
,92
Deputation Expenses
245.
.79
General Expense
277,
.67
Administrative and Other Expenses
3,
,781.
.12
THE COMMISSION - Expenses
2
,687.
.91
E.L. Brown Memorial Fund
5.
,000.
,00
Accounts Payable
181.
,17
Re serve- Contingent Notes Payable
11,
,408.
.85
Reserve - Lottie Moon Christmas Offering
100.
,00
Reserve - World Emergency Relief Fund
6.
,402.
,28
Reserve - China iirtergency Fund
353,
,25
Reserve - College Expenses of Prospective Missionaries
550.
,00
Special Deposits - Debt Funds
15
,347,
.75
Special Deposits - Investment Funds
11.
,633.
.85
113,877.56
Carried Forward . .
# 587,950.52