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Board Rooms, Thursday, Liar .2, 1928.
The Board met in regular session at 4.30 P.M.,
the President presiding.
The Board opened with prayer by Brother Harris.
The following were present: Gibson, Llahone,
Gaines, Powell, Williams, L.H. Jenkins, Gwathmey, Crump,
Harris. Also Secretary Love and Treasurer Sanders*
Treasurer's
Report —
The Treasurer reported as follows:
For Month of February 1922*
RECEIPTS —
Balance on hand, Jan. 31. . $119,579.96
Received from 75-Million Campaign. 75, 005*76
Relief Funds . 9,000*00
Call Loans... . 65,000.00
Liberty Bonds Sold... . 90,000.00
Interest on Liberty Bonds . 1,382.59
Legacy of Mrs. Watson of Tennessee. 1,207. 92
Legacy of M.N. Mitchell of S.C . 50.00
Proceeds Sale of Bell Property,
Jackson, Tenn*. 550.00
All other Sources . .1.079*74
$362,855.97
DISBURSEMENTS—
Foreign Fields . $149,927.57
European Relief . 574*09
Near East Relief . 667.70
Missionary Day in Sunday Schools. 600.00
State Expenses in Georgia for Jan¬
uary.. 316.80
Office Building . 100,000.00
Liberty Bonds Bought from Juason
Centennial . 87,500.00
Loss on $90,000.00 in Liberty
Bonds sold . 2,651.06
All other purposes . 4.960.26 347,197.48
Balance in Bank . $15,'6&8.4¥
ASSETS (CURRENT) —
Balance in Bank . . . 15,658.49
War Savings Stamps . 480.47
Note of Bapt. General Association of
Texas . 56,013.96
Legacies ISecurities not sold).... 1,500.00 73,652.92
LIABILITIES—
Notes payable on call . 384,305.25
Letters of Credit... . .2,090,772.12
$2,475,077.37
Geo.N. Sander 8, Treasurer.
Bills—
The following bills reported by the Corres¬
ponding Secretary we re ordered paid:
Kardex Sales Co. (General Expenses)
Baughman Stationery Co. "
R.A.Cauthorn Paper Co. "
Western Unioh Tel. Co. "
Postal Tel. Cable Co. "
Total—
$19.97
5.40
7.06
11.56
21.22
$65.21'
