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Board Rooms, Wednesday, June 8, 1932
The Board met in regular session with the President
in the ohair.
The meeting was opened with prayer by Brother Bryant.
The following were present: Mrs. Thomas, Mrs. Atkinson,
Mrs. V/icker, Mrs. Moore, Brethren Williams, Coleman, Bryant,
Matthews, Gwathmey, Gaines, Slaughter, Harris, Dr. Loving.
Also Secretary Ray and Treasurer Buxton.
Dr. J. G. Loving, Rev. S.
Т»
Matthews, Mrs. S. M.
Atkinson, new members, were introduced.
Rev. S. J. Porter, Washington, D.C. and Mr. Jas. H.
Anderson, Knoxville, Tennessee, were appointed on the
Committee on Executive Secretary in place of Brethren Shel¬
burne and Purser who are no longer members of the Board.
TREASURER* S The Treasurer reported as follows:
REPORT— MOUTH OF MAY, 1932.
Cash in Banks and in Transit May 1, 1932 .
RECEIPTS:
dooperat ive Program . 5,178.57
Designated Gifts . 3,756.54
Lottie Moon Offering . 44.17
Special Offering . 15.00
Debt — Direct . 572.89
Legacies . 4,416.90
Income from Annuity Securities . 936.28
Income from Endowment Securities . 103.89
Income from Trust Funds . 55.15
Miscellaneous Income . . . 62.34
Book Department — Sales and Collections . 276. 76
Annuity Securities . 2,000.00
Endowment Securities . .1,000.00
DISBURSEMENTS:
I’ore ign Fi elds . 48,193.86
Interest on Borrowed Money . 7,881.32
Woman's Missionary Union . 1,900.00
Baptist Brotherhood of the South . 400.00
Interest on Annuities . 1,822.04
Book Department — Purchases 707.59
Expenses 228.33 935.92
Annuity Securities . 6,150.00
Endowment Securities . 1,000.00
All Other Expenses . 2,380.48
Plus: decrease during the month in funds
to be invested .
Balance in Banks and in Transit May 31st, 1932. .
109,815.86
18,418.49
$4:28/234735
t
70,663.62
""57 ,'57 0.73
4,150.00
ЗГ5Г,
'720.73
CURRENT ASSETS AND LIABILITIES
ASSETS:
dash in Banks and in Transit . 61,720.73
Book Dept: a/c's Receivable 797.50
Inventory. . 10 , 146.12 10,943.62
Estate of J. H. Pepper . 357.00
Estate of John Sillers . 1,585.36
Richmond Real Estate . 16,500.00
Stocks and Bonds . 470.00
Current Liabilities in excess of Current Assets
LIABILITIES:
r
91,576.71
1,069,214.08
ТГШТ,7ТО.
75
Reserve Funds:
Evangelistic Hall, Canton.. 26,552.74
Capital Exp. in Mexico . 7,400.00
Note of Dr.
V/.
D. Lester... 16,659.08 50,611.82
Accounts Payable . 178.97
Notes Payable . 1,110,000.00 $ 1,160,790.79
/
E. P. Buxton, Treasurer,
