11
Board Rooms, Friday, March 5,i926.
The Board met in regular session at 4 P.M. t the
President in the chair*
The following were present: Williams, Clark, Gaines
Miss Alta Foster, Mrs. Thomas, Mrs. Moore, Montague .Cousins
Storer, Jenkins, Gwathmey, Woodfin and Harris. Also
Secretaries Love and Ray and Treasurer Sanders*
The meeting was opened with prayer by Brother
Storer.
The Treasurer reported as follows:
FOR THE MONTH ENDING FEBRUARY 27,1926.
Balance brought forward from last month..
RECEIPTS--
S.B.C. Program . 41,531.41
Designated Gifts for Foreign Mis¬
sions from Southern Bap¬
tist States . 11,580*47
Love Offering . 146,673.34
Gifts from Other Sources . 284.86
Income from Endowment and Annuity
Funds . 365.50
Unearned Interest returned by Banks. 993.06
Funds credited as in Transit in
January . and . re r 45,382.99
ceived in February.
Income from Trust Fund . 1,492.03
Receipts from All Other Sources... 6,684.62
DISBURSEMENTS
$154,387. 97
254,988.28
'Ш
,576725
Foreign Fields . 121,907.73
Interest on Borrowed Money . 2,697.71
Loans Paid . 180,300.00
All Other Purposes . 8,687.40 313,592.84
Balance in Banks. March 1,1926.. . 95,783.41.
ASSETS (CURRENT) AND LIABILITIES
Feb. 27, 1926.
ASSETS
Balance in Banks .
Special Deposits .
Liabilities in Excess of Asset
4Л
95,783.41
19.000.00
1I4'|7S3.4T
,655,962.84
1,770,746.25
LIABILITIES.
Notes Payable (Borrowed Money) 1,042,862.68
Designated Funds not Yet appro¬
priated... . 41,714.04
Amount Due Notes Receivable by
General Fund . 1,145.63
Letters Credit Issued Previous
to Those for 1925 . 103,496.81
Letters of Credit for
1925.. 54,338.37
Letters Credit for 1st
Quarter 1926 . 207,749.31
Letters of Credit for
Second Quarter 1926. 319,439.41 685,023.90 1,770,746.25
Geo. N. Sanders, Treasurer
