—326—
Board Rooms, Wednesday, June 10,1926#
The Annual Meeting of the Board was called to
order hy the President at 10 A. LI.
The devotional exercises were conducted by
Brother J.L. White of Florida.
The following members were present:
В
TATA LIAM BARS : Joshua levering, Maryland; T.W.O'Kelley,
North Carolina; J.L. ’.Vhite, Florida; W. 17. Chancellor ;, Oklahoma;
F.F. Gibson, Kentucky; J.H.Anderson, Tennessee; H.U. Fugate,
Georgia; C.B.Bcbo, South Carolina; Forrest Smith, Texas;
tfm. Harrison Williams, Llissouri; L.R. Christie, Miss.; 11. T.
Stevenson, J.C.t -
LOCAL
ЫАМВАЗЗ:
3.M. Gwa thmey, Hill Montague, L.H. Jenkins,
R. A. Gaines,
V/.
A. Harris-, Miss Alta Foster, Mrs. Julian P.
Thomas, W.S.Mahone, A..». Weeks, W.Thorburn Clark, W.H.Moore,
Geo. T. Waite-, Mrs. Carrie W. Moore, R. A. Williams , S.B.YTood-
fin..
Ax-Cfficio Member: Geo. W. McDaniel.
secretaries Love, Ray; Field Representative, W.Y. ^nis-
enberry; Treasurer Banders.
Also Brethren
С. л.
Hayes of China, J.L. Hart of Chile,
W.T.Derieux of south Carolina, Frank Burkhalter, Publicity
Director 6f Bouthern Baptist Convention, and Brethren
J.W. Btorer and J.T. Watts of Richmond.
The Board organized by the election of the following
officers; President, R«L. Gaines; Vice-President, Joshua
Levering; Recording Secretary, W. a. Harris; auditor,
В.Ы.
Gwa thmey; attorney, Hill Montague.
The Board then went into executive session and elected
the following secretaries at their present salaries:
Corresponding Secretary, J.F.Love; Associate Secretary ,T.B.
Ray; Treasurer, George N. Banders; Field Representatives,
W.D. Powell and W. Y. luisenberry.
The Treasurer reported as follows:
Month of May 1925.
May 1st, Balance Brought Forward .
RACAIPIB—
1925 Program and Designated gifts.. 9,189.38
Borrowed. . . . . . . 50, 000. DO
annuities . . 2,500.00
All Other Sources . 459.84
DISBURB AMANTS —
foreign Fields . 139,103,43
Loans Paid . 160,000.00
Loss on -^22,800.00 in Va. Century 4,934.30
Bonds Sold . . .
Special Deposits . 4,500.00
Interest Paid on Borrowed Money.... 22,392.69
All Other purposes . , 7 . 4 64 . lb
Balance in Banks .
. 298,774.06
62,149.22
360,923.28
338,694.60
22 ) 228. & 8
CURRANT aSSATS AND LIABILITIAS.
ASSATS —
Cash in Banks . 22,228.68
Special Deposits . 4,500.00
Notes Receivable . 10,954.37
37,683.05
LIABILITIAS —
Notes Payable (Borrowed Money )...,. 1,322,636.43
Designated Funds not yet appropriated...
117,057.70
