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Board Booms, Thursday, March 21,1929.
The Board, met in regular session at 4 P.M. ,
the Pi’esident presiding.
Brother Waite opened the meeting with prayer.
Present : . Mys. Thomas, Mrs. Moore, Williams, Montague,
Jenkins, Gaines, Cousins, Waite, Gwathmey, Clark, Harris. Also
Secretary Ray and Treasurer Buxton.
The minutes, of Feh.l4th were read and approved.
The Treasurer’s report was received and ordered
filed. The report was as follows:
Month of February ,1929.
Balance in Banks, Jan. 31, 1929
185,000.24
RECEIPTS:
Cooperative Program . 37,642.36
Designated Gifts . 18,908.72
Lottie Mopn . 31,710.06
Thank Offering . 20,231.07
Debt- Direct . 250.09
Legacies-. Virginia . 100.00
Income fr9m Annuity Securities, . 365.50'
Income frrom Endowment Securities.. 95.50
Income frjm Trust Funds . 605.72
Annuities, . . . 2,000.00
Book Dept, — Sales and Collections. 1,430.20
Less Adju§1 ;ent in Cash Balance Jan. 31, 19 29.
. 1.67
DISBURSEMENTS :
Foreign Fields . 107,554.20
Notes Payable . . . 145,000.00
Interest Qn Borrowed Money.. . 7,554.13
Interest qn Annuities . 1,485.41
Woman’s Missionary Union . 1,650.00
Book Department:- Purchases. . 226.55
Expenses. . 435.78 662.33
All Other .Expenses . 2,742.93
Balance i
ц.
Banks Feb. 28, 1929 . .
113,337.55
■£У87 яет.'тд’
266,649.00
“STTSU'ffrTT
CURRENT ASSETS AND LIABILITIES.
ASSETS :
Cash in Banks . 31,688.79
Book Dept, — Accounts Receivable
474.99
Inventory. 12,170.35 12,645.34
Notes Receivable . 6,000.00
Stocks and Bonds . 4,600.00
Property- .100 North Boulevard , City . 16,500.00.
Estate of. John Siller . 2,385.36
Appropriations for Expenses . 343,624.21
Total Current Assets .
Current Liabilities in Excess of .Current Assets.
417,443.70
. 734,419.50
r,TSi;863.'2ff
LIABILITIES:
Designate^ Funds (Not yet Appropriated)
50,184.90
Due Investment Fund . 43.82
Letters of Credit ( Outstanding) . . 388,081.97
Notes Payable . 713,500.00
Accounts Payable . 52.51 1,151,863.20
E.P. Buxton, Treasurer