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Board Roo»8, Tuesday, June 3,1930.
The Board was called to order by the President at
3.30.
Brother Sallee, the recently elected Horne Secretary
of the Board, led in prayer.
The President introduced the new members of the
Board, Mrs. J. J. Wicker, Jr., and Dr. L. H. Walton.
The following were present: Gwathmey, Miss Foster,
Mrs. Wicker, Mrs. Thomas, Gaines, Mrs. Moore, Walton, Cole¬
man, Jenkins, Storer, Williams, Clark, Harris. Also Exec-
Sec. Ray, Home Sec. Sallee, Treasurer Buxton.
The Board went into the election of officers. The
following were elected:
Presidents. E. Gaines; Vice-President: Joshua
Levering; Recording Secretary: Y/. A. Harris, Attorney: Hill
Montague; Auditor: B.M. Gwathmey.
Executive Secretary: T. B. Ray; Home Secretary:
W. Eugene Sallee; Field Secretaries: W.D. Powell and T. W.
Ayers; Treasurer: E. P. Buxton.
On motion, it was voted that the salaries of the
,paid officers of the Board be as at present fixed until
October 1st, at which time the matter will be reviewed by
the Board.
On motion, it was voted that the Administrative
Committee look into the question of pay and method of em¬
ployment of the clerical forces of the Board.
TREAS- The Treasurer reported as follows:
Ц]§ш|г-
MOUTH OF MAY, 1930.
Balance in Banks and in Transit, April 30,1930. . $145,677.73
RECEIPTS:
Cooperative Program...... . 133.09
Designated Gifts . 3,643.78
. Debt - Direct . 33.33
Legacies: N. C.... 170.25
Miss. . .1,000.00
Md.... ,4,286.92 5,457.17
Incone froip Annuity Securities . 1,308.50
Income from Endowment Securities.... 106.75
Income from Trust Funds . 530.08
Miscellaneous Income . 825.02
Annuities Securities . 1,800.00
Book Dept:- Sales and Collections... 442.56
Notes Payable . 75,000.00
Endowment Securities . 7,000.00
R. E. Burt Claim . .2,822.50
Total to account for .
99.102.78
$ 244,780.51
DISBURSEMENTS:
Foreign fields . 118,043.76
Interest on Borrowed Money . 6,191.59
Interest on Annuities . 1,992.96
Woman’s Missionary Union . 1,900.00
Baptist Brotherhood of the South... 480.00
Notes Payable . 60,000.00
Book Dept : -Purchases. . 419.39
Expenses... 268.58 687.97
Annuity Securities . 3,000.00
Endowment Securities . 14,015.00
All Other Purposes . 5,291.83
Balance in Banks, June 1,1930
211,603.11
$”ЗЗГ1У7.40
( OVER. )
