Reformed Presbyterian Minutes of Synod 1961 - Rparchives.org

88 MINUTES OF THE SYNOD OF THE
THE REPORT OF THE TREASURER OF THE
NATIONAL REFORM ASSOCIATION
November 1, 1959 - October 31, I960
Balance, Mellon National Bank, November 1, 1959 ——-$ 52.05
RECEIPTS
(Contributions $8,715.09
General (Printing 5,102.39
(For purchase of
printing press — 2,750.00 $ 16,567.48
Sale of Literature —— — 1,693.46
Interest and Other Return from
Invested Reserve- — —— 568.48
Total Current Account Receipts during the year ———- 18,829.42
Total, including balance from last year $18,881.47
DISBURSEMENTS
Salaries & Travel Expenses less Income and
Social Security Withholding taxes $ 9,365.40
Rents 940.00
Printing Supplies 2,609.78
Purchase of Printing Press 2,750.00
Sundries 1,724.68
Income Taxes (To U.S. Treasury Dept.>- 825.34
Social Security Taxes " " " - 508.61
Total Disbursements $18,723.81
Balance, Mellon National Bank, October 31, I960 $ 157.66
RESERVE ACCOUNT
Stocks and Bonds, November 1, 1959 $ 8,000.00
Stocks contributed during the year 2,000.00
Accumulated gains (re-invested) 200.00
Total Invested Funds, Oct. 31, I960 (Current mkt.value)10,200.00
Respectfully submitted,
Knox M. Young, Treasurer
The report of the Temperance Committee was read, referred
to the Nominating Committee, adopted as a whole and is as
foUows:
REPORT OF SYNOD'S TEMPERANCE COMMITTEE
Another year has passed into history with Satan's promotion
of an indulgence holiday. With a decline in morality and a deadening
of the spiritual conscience, the American public has joined
in a general conformity to worldly and secular customs.