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Board Rooms, Wednesday, Oct. 10, 1928.
The Board met in Semi-Annual Session at 10 A.M. ,
the President in the chair.
The devotional exercises were conducted by
Brother S.J. Porter of District of Columbia.
The following members were present:
State Members: Joshua Levering, Md. ; W.W. Chancel lor,
Oklahoma; Forrest Smith, Texas; C.B.Bobo, South Carolina; J.L.
White, Florida; H.M. Fugate, Georgia; F.F. Gibson, Kentucky; J.H.
Anderson, Tennessee; W.R. Rigell, Alabama; T.D. Brown, Arkansas;
J.M.Kester, North Carolina; Henry Alford Porter, Missouri;
S.J. Porter, Dist. of Columbia; Frank M. Purser, Mississippi.
Local Members: S.B.Woodfin, B.M.Gwathmey, Mrs.
Carrie W. Moore,
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Montague, L. Howard Jenkins, R.E. Gaines,
W. A. Harris, Miss Alta Foster, Mrs. Julian P. Thomas, S.B.
Cousins, W.G.Mahone, W.Thorburn Clark, G.T. Waite, J.W,Storer.
Also Secretary Ray and Treasurer Buxton.
The following were also present: Mrs. Joshua
Levering, Brethren C.G. McDaniel of China, C.W. Daniel of
Richmond, J.T. Henderson of Tennessee, and Brother Everett
Gill, European Representative.
On motion, Dr. J.T. Henderson was invited to
speak to the Board at this time.
On motion of Brother Gibson, it was voted that
Dr. Everett Gill, our Representative in Europe, be invited to
speak to the Board at some suitable time.
The Treasurer reported as follows and the report
was ordered filed:
! MONTH OF SEPTEMBER, 1928.
Balance in Banks, August 31,1928, . 40,291.66
RECEIPTS—
Cooperative Program . 50,836.62
Designated Gifts . 15,540.63
Debt Account — Direct . 577.68
Book Dept. — Sales and Collections . 809.99
Annuities — . 5,000.00
Annuity Securities Matured..... . 200.00
Income from Annuity Securities........... 355.67
Income from Endowment Securities . 1,150.78
Income from Trust Funds.. . ..*.. 1,053.15
Notes Payable (Emergency Loan, $15, 000. 00). 20, 000. 00
Miscellaneous Income. . 1.60
TOTAL to Account for .
95,526.12
■$Г55,
817.78
DISBURSEMENTS—
foreign Fields . . .
Debt Account (Interest on Loans)..
Interest on Annuities . . .
Woman* s Missionary Union .
Baptist Brotherhood of the South..
Purchases, Book Department. . . . .
Annuity Securities Purchased......
All Other Expenses . . . .
BALANCE IN BANKS , SEPTEMBER 30,1928
80,024.18
3,881.63
2.405.81
1,650.00
500.00
1,097.35
5,000.00
3.778.81
98,337.78
$3
ъшж
CURRENT ASSETS AND LIABILITIES.
ASSETS—
Cash in Banks, Sept. 30, 19 28 . 37,480.00
Book Dept. —
Accounts Receivable.. 1,728.82
Inventory... . 9.220.82 . 10,949.64
Notes Receivable ( R.E. Burt ) . 6,000.00
