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First Baptist Church,
Wednesday, Oct. 15, 1924*
The Board met in Annual October Meeting at
10 A.M. , in the First Baptist Church.
The devotional exercises were led by Brother
Wm. Harrison Williams of Missouri.
The following were present:
State Members: Joshua Levering, Maryland; T.W.
O'Kelley, North Carolina; C.B.Bobo, South Carolina; T.D.
Brown, Arkansas; H.M.Fugate, Georgia; A .E. Prince, Illinois ;
Wm. Harrison Williams, Missouri; L.R. Christie, Mississippi;
Hugh T. Stevenson, District of Columbia.
Local Members: B.M.Gwathmey, L.H. Jenkins, R.E.
Gaines, W. A. Harris, W.G.Mahone, L.J. Powell, W.W. Weeks,
W.Thorburn Clark, Mrs. Carrie W. Moore, Miss Alta Foster,
3.B. Cousins, Mrs. Julian P. Thomas, W.H. Moore, Hill Montague,
S.B.Woodfin.
Also Secretaries Love and Ray and Treasurer San¬
ders, and Dr. Geo. W. McDaniel, President Southern Baptist
Convention. Dr. W. Y.Quisenberry, Field Representative, was
also present.
Visitors: Mrs. Levering, Mrs. Love, Geo. T. Waite,
Dr. J.B. Miller.
The minutes of July 10th and 28th were read and
approved.
Treasurer's The Treasurer reported as follows:
Report —
Operations during the Month of September 1924.
Balance in Banks Aug. 30, 1924 . * $61,146.05
RECEIPTS—
75 Million Campaign and other Sources. .$71,495.28
Borrowed Money . 75,000.00 136,495.28
197,641.33
163.070.61
"34 570.72
CURRENT ASSETS AND LIABILITIES.
Sept. 30, 1924.
DISBURSEMENTS—
balance in Banks
ASSETS—
Cash in Banks . 34,570.72
Notes Receivable.. . . 8,618.33
Stocks and Bonds . 11,971.90
Liabilities in excess of Assets (Debt) 2,213.194.21 $2.268.355.16
LIABILITIES —
Notes payable (Borrowed Money) . 1,250,999.00
Palestine Property Fund . 10,625.00
Evangelistic Hall, Canton, Fund. . 49,052.74
Letters of Credit issued previous to
those issued for Year 1924 $313,172.22
Letters of Credit for 1924 644,506.20
957,678.42 $2,268,355.16
Geo. N. Sanders,
Treasurer.
The Cor.Sec'y, Dr. Love .brought before the
Board certain matters for information and others for consid-