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Board Rooms, Thursday, June
11,1931»
The Board met in the Board Rooms at 2.30, the
President in the chair.
Brother Ayers, Field Secretary, opened the meeting
with prayer.
The following were present: Mrs. Thomas, Mrs. Moore,
Miss Foster, Montague, Gaines, Storer, Jenkins, Slaughter,
Gwathmey, Coleman, Harris. Also Secretary Ray, Home Secre¬
tary Sallee, Treasurer Buxton, Field Secretary Ayers, and
Rev. Geo. W. Sadler, Missionary to Africa.
The Minutes of April 16th were read and approved.
On the suggestion of Secretary Ray, the following
resolution was passed:
That the regular annual election of officers
he postponed until the meeting of the Board to he held
Oct. 13-14, 1931, when the State Members will he in attendance,
and that this annual meeting he adjourned to the October meet¬
ing, and that the present officers he asked to hold over until
that date.
TREASURER* S The Treasurer reported as follows:
-
MOUTH OF MAY 1931.
Cash in Banks and in Transit , available for
Current Budget at May 1st, 1931.. $130,926.75
RECEIPTS:
Cooperative Program . 1,209.48
Designated Gifts . 5,731.94
Debt — Direct . 133.33
Book Department : -Sales and Collections. .. 512.33
Income from Annuity Securities . 862.50
Income from Endowment Securities . 241.25
Income from Trust Funds . 372.44
Miscellaneous Income . 13.34
Endowment Securities . 2,500.00
Trust Funds Securities . 5,000.00
16,576.61
DISBURSEMENTS:
Foreign Fields .
Interest on Borrowed money .
Interest on Annuities .
Woman's Missionary Union .
Baptist Brotherhood of the South..
Deputation Expense .
Adverti sing. . .
Endowment Securities .
Annuity Securities .
Trust Funds Securities .
Book Department :-Purchases. . 658.27
Expenses. . 283.69
All Other Expenses .
90,967.45
6,593.31
1,773.46
1,900.00
335.00
39.77
. 210.81
1,000.00
5,000.00
5,000.00
941.96
3,700.53
117,462.29
30.04Г.-07
Plus adjustment representing net reduction
within the month of amount of funds to
he invested .
Less adjustment of Cash in Transit at May 1,1931,
representing error in amount reported from
Florida . _
Net Balance in Banks at May 31, 1931, available
for current Budget .
3,500.00
■33,-5-41707
3,993.78
$29,547.29
