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Board. Rooms, Thursday, March 5,1925.
(
f
The Board met in regular session at 4
Р.Ы.
,
the President presiding.
The Board opened with prayer by Rev. James H.
Franklin, Foreign Secretary of the American Baptist Foreign
Mission Society.
The .following were present: .Miss Foster, Mrs.
Thomae, Pitt, Cousins, Gaines, Williams, Mahone, Jenkins,
Clark, Woodfin, Gwathmey, Weeks, Moore, Montague, Powell,
Harris. Also Secretaries Love and Ray, Treasurer Sanders,
Dr. J.H. Franklin of the A.B.F.M.S., Dr. J..H.Rushbrooke,
Baptist Commissioner for Europe.
Treasurer 1 s
Report —
The Treasurer reported as follows:
Month of February, 1925.
Balance in Banks, Jan. 31, 1925 . 98,356.24
RECEIPTS —
1^25 Program of Southern Baptist. .§88,035.36
Relief . .40,0C0.t0
Estate of Hibernia J. Bogert . 1,634.25
Estate of T.C. Crowder . 450.00
All other Sources . 960.43
131.070.09
DISBURSEMENTS - -
Foreign fields . .. . 151,205.24
European Relief . 5,763.53
Near East Relief . 10,000.00
Interest on Borrowed Money . 3,441.33
All other Purposes . 8,452.58
. - 178.862.68
- : - b'd.&s.ds
CURRENT ASSETS AND LIABILITIES
Feb. 28,1925.
ASSETS— Cash.ih.tnhk . 50,563.65
dotes Receivable . 2,204.37
Stocks and Bonds . . 12,645.90
6Й,41Й.92
Liabilities in Excess off Assets(Debt)
2.333.812.40 _
2,399,226.32
LIABILITIES —
Notes Payable (Borrowed Money) 1,305,999.00
Palestine Property Fund . 10,625.00
Evangelistic Hall Canton Fund. 49,052.74
Letters of Credit issued Previous
To Thnse Issued for 1925. . 304 ,063. 52
Letters of Credit 1925 .
72Э.
486.06
1.0Й3.549.58
- 2,397, '226 . 32
Geo.N. Sanders .Treasurer.
The following bills were ordered paid:
Commercial Photograph Co . 16.15
Better Letters Co . 9.00
C. and P. Telephone Co . 12.10
Western Union Tel. Co . 26.71
.Everett Waddy Co . 46.50
Brown Print Shop . 162.50
Trevvett, Christian and Co . 13.25
Total— §286.21