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Board Rooms, Thursday, Uov.£, 1925.
The Board met in regular session at 3.30 P.M.
The meeting
лаз
opened with prayer by Brother
Thorburn Clark.
The following were present: Caines, Williams,
Montague, Gwathmey, Mahone, Miss Alta Foster, Clark,
Cousins, Harris. Also Secretaries Love and Ray and Treas¬
urer Sanders.
Treasurer's
Report —
The reading of the minutes was dispensed with.
The Treasurer reported as follows:
MOIJTH ENDING OCTOBER *31 , 1925.
Balance brought forward October 1st. . 78,180.96
RECEIPTS—
1$26 Program . 80,398. 95
Designated for Foreign Missions from
Southern Baptist States. ... 28,415.25
Other Gifts from Various Sources . 618.65
Income from Trust Funds held by Various
Trustees . 300.00
Annuities . 1,100.00
All Other Sources . 3,116.98 113,949.83
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DISBURSEMENTS —
Foreign Fields .
All Other Purposes .
3alance in Bank October 31st
122,284.53
9,493.88 131.778.41
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ASSETS (CURRENT) AND LIABILITIES.
OCTOBER 31,1925.
ASSETS
Balance in Bank. .
Special Deposits . . .
Notes Receivable. .
Liabilities in Excess of Assets
60,352.38
23,804.20
2,425,373.34
LIABILITIES.
Notes Payable — Borrowed Mone'y. .. .1,812,362.68
Designated Funds not yet appropriated.
71,679.65
Letters of Credit issued Previous
to those for 1925 . 12,915.00
Letters of Credit for 1925.483,566.01
Letters of Credit to be issued
in lieu of Old Letters of
Credit revoked . 44*850.00
_ 541,331. 01 2,425,373.34
Geo.N. Sanders, Treasurer.
which
The Cor. Sec 'y reported the following bills
were ordered paid:
Brown Print Shop(General Exp.) §43.63
C. and P. Telephone Co." 10.70
Postal Telegraph Cable Co." 25.41
Western Union Tel. Co. " 47.42
Va. Stationery Co . " 3.85
Better Letters Co . " 2.00
Metropolitan Engraving Co. (print. )4. 18
Cottrell and Cooke . " 453.50
TOTAL . .
590.-61Г-
