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Board Rooms, Thursday, June 15,1922
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The Board met in regular session at 4 P*M*f
the President presiding*
The ‘meeting was opened with prayer by
Brother Broughton*
Present: Jenkins, Miss Poster, Lira. Lloore,
Crump, Gwathmey, Llontague, Woodfin, Mahone, Broughton, Gaines,
Burris. 4IS0 Secretary Bay anu Treasurer banders*
The new members were recognized: Miss Alta
Poster, Mrs. T. Justin Moore and Hill Montague*
The minutes of May .12th and 17th were read
and approved*
The Board went into the election of offi¬
cers for the following year* The following were elected:
President B.£. Guinea; Vice-President, J*B. Grump; Recording
Secretary, W*A. Harris; Auditor, J.B. Crump; Treasurer, Geo*
Li. Sanders; Associate Secretary, T.B.Bay*
The Board, through Brother Broughton, sent
their expressions of love and sympathy to Brother R.B*
Garrett who is seriously ill at St «Lukes Hospital*
Treasurer’s
Report—
The Treasurer reported as follows:
Pcfr Month of May 1922*
RBCBIPTS —
balance in bank. May 4,1922 . .$105,342*43
Received on amount reported in transit.
May 4. . .66,913.86
Borrowed from Judson Centennial . 90,000*00
Borrowed frcm Hat «State and City Bank *30, 000*00
Pamine Relief . 3,000.00
Legacy of Mrs. Mary J. Laniel of U.G... 922*7*9
Prom 75-Million Campaign . . . ‘....1,194*50
Miscellaneous Receipts . 663*00 $296,036*60
*
■olbnOnbi MunMo —
P^roign Pi olds . 164,703.16
Call Loans Paid . 105,000.00
Ruropean Relief. . £5,870*00
All other Purposes . 3.901*69
ASSBTS t CURRBH1 j
Liberty Bonds. . . . 5,500*00
Hotes receivable . . . 59,554*37
War Bavings 8 tamps . 339*67
Stocks and Bonds... . 700*00
Parm Hill Parm*. . 15,000.00
Annuities Released (Securities not soldi
15,621*90
Unpaid Subscription from Texas . 157.525*00
$254,040*94
LlAbljjl'i'lRS —
letters of Credit . 1,741,506*26
Botes payable . 203,906*25
Overdraft . 3.436*25
yl, 948, 649*76
Geo. H. Sanders , Treasurer*
On motion the report was adopted.
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