177 —
Wednesday, Oct. 18, 1922.
The Board met in regular annual session at 10 A.M.
Devotional services were led by Brother A.E. Prince
of Illinois.
The following members were present:
State Members: J.M. Shelburne , Ya. ; A.E. Prince, Ill.
J.L. Gross, Mo.; Joshua levering, Md. ; H.A.Tupper ,D.C . ; H.K.
Fugate, Ga.; G.B.Bobo, S.C. ; f.W.O'-Kelley, H.C.; Forrest
Smith, Texas; Y/.p. Wilks, Alabama; J.l.YVhite .Florida ; T.D.
Brown, Arkansas; J.T. Moore, la.; I. P. Trotter, Miss.
local Members: B.M. Gwathmey, J.D. Crump, W.G.Mahone,
W.W. Weeks, R.E. Gaines, I. Howard Jenkins, S.B.Woodfin,
Miss Alta Poster, i.G. Broughton, Hill Montague, W. A. Harris,
Mrs. T. Justin Moore, l.J. Powell, R. Aubrey Williams,
W.Thorburn Clark, R.H.Pitt.
Also W.W. Gaines, Vice-President S.B.C.
Visitors: W.Y.Quisenberry, E.C. Miller, Mrs. Joshua
levering, J.H.Rusiibrooke, Miss Varina Brown, V/.E. Gibson.
Secretaries love and Hay and Treasurer Sanders were
also present.
Treasurer's The report of the Treasurer was read by Brother
Report— Sanders and adopted as follows:
Month of September. 1922.
RECEIPTS —
"BUTT nee on hand Aug. 31 . . .
Receipts from 75 Million Campaign $55,312.17
Borrowed from bank . 50,000.00
Borrowed from Judson Centennial.. 65,000.00
liberty Bonds sold . 13,500.00
Famine Relief Fund . 1,000.00
Interest on 'liberty Bonds . 229.71
Interest on Endowment Fund Securities 37.21
Refund Account steamer and railroad.
tickets. QtQ* . 2,610.05
Miscellaneous . 26,331.57
$16,498.16
212,020.71
DISBURSEMENTS —
Foreign Fields . 139,173.32
Hear East Relief . 292.51
European Relief . 620.04
loan paid to Judson Centennial . 75,000.00
Interest’ paid on borrowed money.... 4,904.03
Interest paid on Annuities . 626.50
State expenses in Ala. and Ga . 778.72
All other Expenses . 4,403.30
228,518.87
225,798.42
2,720.45
ASSETS ( CURRENT ) - -
‘ balance in Bank . 2,720.45
Hotes receivable . . . 59,554.37
War Savings Stamps . 276.37
Stocks and Bonds . i . 700.00
liberty Bonds . 600.00
Annuities released, Securities not sold
15,621.90 79,473.09
1IAB I1ITIES—
Borrowed money . 568,905.25
letters of Credit outstanding. .. .1,539,209.65
letter of Credit to be issued to
African Mission covering Balance
due on 1922 appr opr iat ion ( Approx- 29,559.47
imated )